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Wednesday, May 22, 2024

Pakistan Property Show 2019 attracts over 20,000 visitors

The Pakistan Property Show 2019, organized by Zameen.com, attracted more than 20,000 visitors to view over 60 exhibitions outlining the investment opportunities across the major cities of Pakistan, including Karachi, Islamabad, Peshawar, Murree, Lahore, Faisalabad and more.

The Pakistan Property Show 2019, organized by Zameen.com, Pakistan’s largest property portal, concluded successfully at the World Trade Center in Dubai.

The two day event came to an end on Saturday, and it is being lauded as a remarkable success, as the property portal succeeded in bringing together a thriving community of foreign investors and overseas Pakistanis seeking to invest in the residential and commercial real estate markets across the country. More than 60 real estate developers, housing schemes and high rise projects displayed their products to around 20,000 expat Pakistanis.

Zameen.com was launched by Zeeshan Khan in 2006, soon after his graduation from Imperial College London. Idea was to provide accurate information to potential buyers about houses, flats and plots. Since then, Zameen.com has grown into a huge company that now advises property developers and provides them with intelligent solutions for marketing and better management of their projects. The idea created by Zameen.com has branched out across 8-9 countries through a parent company based in Dubai. Bayat is a sister concern that is being run by Haider Ali Khan from Dubai. It is thus a quintessential Pakistani multi-national that serves across 9 countries and employs thousands of professionals.

Pakistan Property Show 2019

Amjad Ahmad Ali, Consul General of Pakistan in the UAE, attended the event as a special guest on the second and last day of the event. The Pakistan Property Show 2019 was inaugurated by CEO Dubai Real Estate Regulatory Agency (RERA), Marwan Ahmed bin Ghalita.

The Pakistan Property Show 2019 opened with a total of 64 exhibitions from major real estate hubs from the country, including Lahore, Karachi, Islamabad, Peshawar, Multan, Murree, Gujranwala, Faisalabad, Raheem Yar Khan, and Gwadar. The event showcased a variety of property options for investors.

The exhibition turned out to be quite successful and attracted more than 20,000 visitors. For the first time, the government of Pakistan participated in the Pakistan Property Show.

Prime Minister Imran Khan had directed the privatization commission to engage with the overseas Pakistani community in a bid to find buyers for unutilized government properties that have been lying dormant for years.

Read more: Imran Khan selling unutilized state owned properties at Dubai Expo

Speaking to the media on the occasion, Director General of the Privatization Commission, Iftikhar Hussain, said, “Such events provide ideal opportunity to engage with overseas Pakistanis because of their phenomenal outreach.”

The event was attended by prominent media personalities, including Dr. Moeed Pirzada, Mansoor Ali Khan, and Waseem Badami, who interacted with the exhibitors and the audience.

Moeed Pirzada recorded a 40 minute long discussion with Zeeshan Khan and Haider Khan, founders of Zameen.com and Bayat. Waseem Badami also participated in the discussion as a co-host. This informative discussions that will be available online soon focused not only on the journey of Zameen.com, from its inception in 2006 onwards but also on the challenges faced by Pakistan’s real estate sector. Zeeshan and Haider meticulously explained that Pakistan desperately need to develop a mortgage market and foreclosure laws.

Mansoor Ali Khan recorded a separate brief discussion for his program on Express News.

Speaking on the occasion, Zeeshan Ali Khan, CEO of Zameen.com said, “The success of Pakistan Property Show is, in fact, the success of UAE based Pakistanis, whose participation generates an invaluable inflow of foreign exchange to Pakistan.”

This is the third annual exhibition of the show arranged by the property portal. Previously, the last two editions of the show had attracted a combined audience of over 31,000.