Undoubtedly, Pakistan real estate has seen ups and downs since Pakistan came into being but if we claim that like many other sectors, commercial real estate sector has also not achieved its true potential. Its real and peak time is yet to come. The commercial real estate sector of Pakistan has often seen the rise and then fall as well, depending upon the economic situation of the country. When the economic situation is good and the purchasing power of people is also on upside, real estate demand certainly goes up. This increase in demand also attracts investment from foreign and local investors both and the cycle continues.

Currently, due to economic and political destabilization of Pakistan, we are unable to notice the plenty of untapped potential but as soon as the economy will show positive signs, demand of commercial properties in Pakistan will also escalate. However, a lot of hard work is required to reach at that point and for that construction sector of both private and government sector will have to work.

The major problem out of all is lack of political stability of the region that plays a great role in destabilizing the overall economy. Therefore, the government officials must take positive initiatives every now and then and they need to put sincere efforts to bring commercial property sector of Pakistan real estate back on the track.

The other reason that causes Pakistan commercial property sector lag behind than its projected goal is the prevalence of lawlessness situation and corruption in Pakistan. Dishonest people have promoted the bribe culture just to get a contract of construction of any commercial property or to get a place to construct shopping malls and plazas. Sometimes, they just start any project and developers violate law and the whole project comes to halt.

These are few things that keep Pakistan real estate sector in depression and if officials want to come out of this phase, they must take positive steps soon.