Lamudi Launches New Innovative Real Estate App

Managing your property portfolio just got easier thanks to the latest Innovative Real Estate App from Lamudi Pakistan. Their original app took the stress out of house hunting, but this ingenious release is exclusively for agents and sellers; promising to make day to day tasks a fluid, streamlined and hassle-free process.

In essence, the app will allow a real estate professional to do everything with the click of a button: upload new properties, manage inventory, receive direct messages from clients, and even perform advanced competitor analysis. Seems too good to be true but good things come to those who wait and the engineers at Lamudi have been working around the clock to come up with this groundbreaking property app; an app that has not been seen before in the real estate sector.

Moreover, transparency and trust are the key pillars that the real estate sector is built on. You don’t buy property from somebody you do not trust. And that is exactly what this new agent app seeks to achieve. Agents and sellers can create a unique profile with personal information, photos, and public contact details so new customers can rest assured that they are dealing with a reputable professional. Fraud is a growing concern in the real estate sector: could this sophisticated app be a step to solving that problem?

One of the key reasons we designed the app was in response to the huge demand for increased trust and security,” said Saad Arshed, managing director of Lamudi Pakistan. “Not only does it make sense for property buyers but it simplifies routine tasks for agents, Arshed added.

The real estate industry is bursting with new age technological advances. Virtual reality is on the way, and it won’t be long before a Pakistani investor based in Dubai can buy a house in Lahore without ever getting off his sofa.

Lamudi’s new research maintains positive outlook for Pakistan’s real estate sector

LAHORE, 19 JANUARY, 2016: Pakistan’s multi-billion-dollar real estate industry holds a bright future in 2016, despite being affected by issues such as housing shortages, increasing taxes and lack of transparency in property according to a new report on Pakistan’s property market.

The findings are contained in new research conducted by Pakistan’s best real estate website, Lamudi.pk. The second annual report released by Lamudi provides a comprehensive overview of Pakistan’s property sector.

The report focuses on a series of online surveys of both real estate agents and customers as well as property experts interviews and Lamudi’s onsite data. The research examines the change in real estate trends between 2014-15, the online property-hunting trends, changes in real estate prices, the renting vs. buying patterns of Pakistani house-hunters, the rising demand of sustainable homes, impact of change in oil prices on Pakistan’s real estate sector and much more.

The first survey of real estate agents examines the progress of Pakistan’s property market, the shift from offline to online medium and their outlook for 2016. According to the Lamudi Agents Survey, 78 percent believe that the outlook for Pakistan real estate is positive.

The customer survey predominantly focused on the house-hunting habits among property buyers and renters, along with their preference for sustainable houses, buying vs. renting demographics etc. According to the Lamudi customers’ survey, more than 50 percent of the respondents preferred to buy a house or an apartment over renting one. Moreover, 36 percent of them think that sustainable features in a home are extremely important.

Saad Arshed, Country Director of Lamudi Pakistan, offered a statement about his own outlook for the coming year.

I agree with the overall positive outlook of the agents with whom we work. Looking at our own pricing data as well as reports from agents around the country, the market is full of investment opportunities. Gwadar, Peshawar and Bahawalpur are great examples of investment hot spots right now.

Other indicators that the Pakistan real estate market is growing in a positive direction are the improved security situation in the country leading to increased foreign interest and investment, which can be seen in projects such as the China and Pakistan Economic Corridor (CPEC) and Turkeministan-Afghanistan-Pakistan-India (TAPI) pipeline.

The report also covers an in-depth interview with Raja Mazhar, President of Defence & Clifton Association of Real Estate Agents (DEFCLAREA).

The full report is presented in an easy-to-read online format, available for viewing on the Lamudi website. Visit http://www.lamudi.pk/research/whitepaper-2015/.

ABOUT LAMUDI

Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 34 countries in Asia, the Middle East, Africa and Latin America, with more than 800,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online.

MEDIA CONTACT

Shahzeen Haris
Communications Manager
shahzeen.haris@lamudi.pk
+92-3458422567

Visit Lamudi on Facebook, Twitter, Google+ and LinkedIn

Five Reasons Real Estate is a Smart Investment

Global property portal identifies why emerging market investors are turning to real estate

Lahore, 26 APRIL 2016: Ensuring financial freedom is a goal for most people. Investing your pension in only one highly specialised fund could be too risky. Inflation is a concern in many emerging markets, with cash investments gradually losing their value. Is there an alternative investment option?

Investing in revenue streams that earn you a positive cash flow is key; learning to handle inflation and balancing your portfolio is crucial and this can be achieved by combining a diverse set of assets.

Many investors over the past five years have been badly bitten, by even the most solidly performing shares; these investors are looking to income-producing real estate as an alternative.

Tax free cash flow

One of the main benefits of income-producing real estate is tax- free cash flows, this is because of depreciation and mortgage interest deductions (if you leverage your capital). The investor can wait for capital gains on the sale of the property in the future, without ever paying taxes on the cash flow.

Increased tax deduction strategies

Depending on your tax status your rental property will not only provide tax free cash flow, but can be used as a tax deduction against other sources of income. Before investing it is recommended that you consult a tax professional.

Portfolio diversification

Another advantage of investing in real estate is the opportunity to spread your risk. Real estate has a low or negative correlation with other major asset classes. This means that having real estate in your portfolio can reduce volatility and provide a higher return per unit of risk.

Security

Owning a property can give an investor a sense of security as the value does not fluctuate as much as in other asset classes. This does not mean that the investor will break even or earn a profit but it can give peace of mind. Although housing prices do not change much in the short term they may increase or decrease in value in the medium to long term. It is important to perform extensive research in an area before purchasing, observing the historical trends.

Inflation hedging

Countries in the developing world are struggling to keep inflation under control. Consumer prices in Pakistan increased by 4.02 percent year-on-year in February 2016. Higher prices of food and housing continue to push inflation upwards. Real estate investments have historically shown the highest correlation to inflation in comparison with other asset classes, such as the stock market, treasury bonds, and corporate bonds.

As governments continue to print money in order to stimulate growth, having an income-producing real estate asset as a hedge against this inflation is a smart move. In general, when inflation rises, the price of real estate, especially multi-tenant assets with a high ratio of labor and replacement costs, will rise in tandem.

ABOUT LAMUDI

Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 34 countries in Asia, the Middle East, Africa and Latin America, with close to a million real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online.

Media Contact

Shahzeen Haris

Communications Manager

shahzeen.haris@lamudi.pk

92-3458422567

Visit Lamudi on Facebook, Twitter, Google+ and LinkedIn