Pakistan’s rising population has taken a toll on its existing housing facilities. Currently, the country has been facing a severe housing crisis. As per property experts, Pakistan’s housing shortage is likely to soar from 11.4 million homes in 2020 to 17.2 million in 2025 despite Prime Minister Imran Khan’s landmark initiative to build 5 million homes in the next three years.
Almost all provinces in Pakistan have been facing housing shortage; however, it’s Punjab that has been at the forefront in dealing with the issue because of its vast & unregulated urban landscape. According to the latest data, the housing shortage in Punjab is estimated to be around 5.5 million housing units, followed by Sindh (3.1 million units), Khyber Pakhtunkhwa (1.3 million units), and Balochistan (0.5 million units).
This gap between the supply and demand of housing units in Punjab has turned out to be a boon for land developers in the real estate market across Pakistan especially at a time when the present government has incentivized investment in construction sector with a lot of tax exemptions. For majority of the land developers, it’s an opportunity to expand their business. Knowing that there is a massive demand for housing at the moment, real estate companies, that are active in Punjab, have been launching residential communities in key cities like Lahore, Faisalabad, Multan, Sialkot, etc. in an unprecedented manner.
However, not all land developers have stepped into property investment with the sole intent of the business. For some, it’s a means to add value to people’s lifestyle in true spirit. Al-Jalil Developers is one of those land developers in Pakistan that is not only responding to housing shortage in Punjab with its key housing projects but is also redefining the concept of community living in Pakistan with quality and innovation.
Launched two decades ago, Al-Jalil Developers is the most popular real estate company in Pakistan that has redefined the concept of community living in Pakistan with top-class infrastructure and a wide range of amenities. Its housing projects have been built upon the concept of master-planned residential communities in which residents enjoy access to all the facilities of urban life at their doorstep amidst an eco-friendly environment and stylish architectural landscape.
Currently, Al-Jalil Developers has two premium housing projects nestled in the prime location of West Lahore. Its housing projects comprise Al-Jalil Garden Housing Scheme and Al-Noor Orchard Housing Scheme. Both housing projects have an amazing set of facilities. More importantly, they are affordable and have the most flexible terms for plots’ booking.
As a leading stakeholder in Pakistan’s real estate market, Al-Jalil Developers is not only committed to meet the housing deficiency in Pakistan but it’s also inspired by the vision to provide a better style. In near future, the company aims to expand its outreach in other cities across Punjab.