Bahria Town to build two new Hotels in Bahria Town Islamabad

Asia’s largest real estate developer Bahria Town Private Ltd (BTPL) has inked an agreement with Starwoods Hotels and Resorts Worldwide Incorporation under which BTPL will be constructing Sheraton Islamabad Golf City and Islamabad Lakeview Hotel. The project has been started and will complete in 2012-2013 Mobile Phone Price in Pakistan

Sheraton Islamabad Golf City Pakistan, branded golf resort, would be first of its kind with 377 luxury room hotel having 15 service apartments, 3200 sq. meter modernly equipped meetings halls, five different restaurants, high tech gymnasium, serviced spa and swimming pools. On site 18-hole golf club at the hotel will give another luxury for the room occupants. Sheraton Golf city resort will be based at New Behria Town project near Murree Express Way. Read More Bahria Town to build two new Hotels in Bahria Town Islamabad

Sale and Purchase of DHA files in Islamabad

The Real Estate was on boom for past many years but suddenly it came down due to the law and order situation and political instability in Pakistan. There were too many reasons for the recession in the Real Estate market and contributed in its downfall like political, regional and most importantly security threats behind the ongoing recession that shook the overall confidence of the investors. Now that stock exchange is not performing, investing in forex is too risky because of dollar being absent in the market, people are once again trying their luck in the real estate market as a long term investment.

I got news from my personal sources and also observed that once again property dealers and investors are active in sale and purchase of DHA plots. One of my property dealer friend that has his office based in Islamabad told me that there are too many buyers in the market who are ready to purchase plots in Defence House Authority Islamabad. Asking the reason for such activity he said that people doesn™t have any other cheap option available for investment which may pay in future. In his opinion property investment will come back and swell in future to pay back the investors of today.

What do you think? Is it the good time to invest in DHA extension or Valley? Give us your thoughts and check back for others