Diyar of UAE Plans $30m Worth of Development in Lahore
The United Arab Emirates-based real estate company Diyar has acquired an exceedingly outstanding waterfront property in downtown Lahore for $30 million.
Prime Minister Imran Khan’s vision has allowed Diyar Homes to set a new benchmark in Pakistan’s real estate market by producing world-class luxury real estate and bringing for the first time the world’s finest consultants in engineering, design, and architecture to Pakistan.
Prime Minister Imran Khan is correctly focusing on increasing engagement with the diaspora, as the statement indicates that overseas Pakistanis donate over $40 billion to Pakistan annually.
Read: WASA Rawalpindi Surpasses Revenue Target for FY 2020-21
The downtown region’s real estate values have increased by about 50 percent over the past five years as a result of these factors and an increase in high-rise construction.
In the coming years, the city’s economic trajectory will accelerate, as the government just unveiled “Lahore Prime,” a $20 billion Central Business District (CBD) that will be Pakistan’s first purpose-built CBD.
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