Famous Car Brands In Pakistan

Famous Car Brands In Pakistan

Automobiles In Pakistan

 

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Automobile industry of Pakistan is one of the fastest growing industry in the country. It is active and expanding and developing more every year. According to statistics, automobile industry is generating 4% of the GDP. Currently, there are 3200 manufacturing plants working around the country. Automobile industry operates under franchise and cooperation with these, China, Europe, Japan, Korea. Industry started working in 1950s and works under Ministry of Commerce, Government of Pakistan under Trade Organization Ordinance 2006.

Over recent years Pakistan’s auto industry has observed a lot of improvement. Just in a single year of 2016, car sales crossed 230,000 and continued to grow 10 to 15% every year. Billions of rupee are being invested in the industry with the new auto policy that offers ample incentives to newcomers. There have been seen a potential growth in investment in auto industry for over past few years. The rise in share value and financial development of auto companies has made it one of the most fruitful sector in Pakistan. Global brands are lining up to invest billions to cater to the rising demand of automobile in Pakistan.

Top 3 car brands in Pakistan

 

  1. Toyota

Toyota is a Japanese and the top selling car company in Pakistan. Mostly used belong to Toyota brand. Toyota Corolla is the most selling and popular car in Pakistan. During recent months more than 40 thousand units have been sold. Anticipating the demand, Toyota has manufactured same number of cars during this time. Corolla is available in different variants; GLI, XLI, Atlis, and Grande. All come with different features and variants’ prices varies up to 8 lac. The basic Corolla cost starts from 1.75 million and ranges up to 2.2 million for premium variant.

 

  1. Suzuki

Suzuki is one of the most prominent car manufacture company in the world. Suzuki is famous for its products, variants and prices. It is considered to be more affordable as compared to other car brads. Suzuki offers brands; WagonR, Mehran, Vitz, Swift, Cultus, Bolan and more. Suzuki Mehran is one of the top selling car in Pakistan. In last year, more than 28 thousand Suzuki Mehran were sold and same number of cars were manufactured. Prices for Suzuki Mehran start from 6.7 lac and goes up to 8.02 lac basic to premium variant respectively.

 

  1. Honda

Honda brings automatic models and awesome shapes. Honda gives a new look to its models from time to time with amazing features and colors. Honda sales mostly depends on Honda City and Civic. The new Civic sports look has got more attraction and rapidly increasing the sale. City is also famous because of its classy look. During last year more than 28 thousand Honda city and civic cars were sold, whereas, the company manufactured around 27 thousand cars only. Civic’s price starts with 2.3 million and City’s start with 1.5 million.

September 30, 2017 / by / in
Real Estate Market And Top 3 Builders in Pakistan

Pakistan Real Estate Market & Top 3 Housing Schemes

 

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Real estate is one of the fastest growing industry in Pakistan, generating 2% GDP every year. Pakistan spends around 2 billion US Dollars on real estate and construction annually. After arrival of urbanization, the need for urban planning and management was vastly required. Renowned builders and real estate developers has played  an important role in stability of  value of residence and commercial properties. Although, due to tax policies, many investors are moving their attention in to foreign opportunities. This has caused a rise in properties’ prices in all major cities.

Real estate market in Pakistan has been experiencing trends over past few years. After 2010, demand for residential properties arose more than ever before. It created a vast interest among real estate developers, investors and constructors. The urbanization, and movement from rural to urban areas has been influencing the demand for residential accommodation.  The real estate developers mostly target upper middle class. According to real estate market experts, the arrival of CPEC and its impact will be a rapid rise in the property values along the CPEC route both in urban and rural areas. The future in real estate market is brighter than it was before.

Top 3 popular Real Estate Builders and schemes

 

1. Defense Housing Authority

Defense Housing Authority is one of the top developing housing scheme in Pakistan. Currently operational in Islamabad, DHA has developing its 5 phases in twins cities of Rawalpindi-Islamabad, after groundbreaking in 1992. DHA is without any doubt is investor’s top priority when it comes to real estate investment. DHA offers impeccable administration and top class infrastructure and luxurious life style. It is currently operational in Islamabad, Lahore and Karachi. DHA has been observing positive trends in recent years because of housing demand. Although, prices differ by phase to phase. The average prices of commercial plots has been increased by 2 to 3 million. While the residential plots have noticed increment in prices by 0.5 to 1 million. Whereas, building a house in DHA costs more than 10 millions, flats and apartments’ prices mostly range from 50-60 lac.

 

2. Bahria Town

Bahria Town is a Rawalpindi-based privately owned real estate development and construction company. One of the largest private real estate companies in Asia. Bahria Town develops and manages housing schemes by its name in major cities including Rawalpindi, Lahore and Karachi. The company was established in late 1990s and started its operation in Rawalpindi. Bahria town is of an international standard gated community, currently operational in Lahore, Rawalpindi, Karachi and Nawabshah. Bahria town brings a lot of  facilities including luxurious lifestyle, international standard infra structure, social security, educational opportunities, hospitals, parks n sports clubs and much more. Trends in Bahria town never have been negative, but prices varies from phase to phase. At most, for 5 Marla plots prices start from 1.6 millions, 10 Marla plots for 5 million and so on, in Rawalpindi phase 1-7 and 8.  The construction of houses on 5-10 Marla goes around 50-80 lac. Whereas, apartments and flats cost around 30-50 lac. Looking for buying or selling your property, post free ads on Tags and get an instant response.

 

3.Royal Residencia

As the name speaks for itself, Royal Residencia delivers the royal standards of housing in the New Defense Road in Lahore. It is an ongoing project and offering 4, 6, 8, 12, 20 & 40 Marla plots for commercial and residence purposes. It is one of the top housing schemes in Pakistan due to state of the art, planning, top location and provision of all modern and basic facilities. Royal Residencia offers lavish lifestyle and business opportunities for investors. Prices for plots vary from sizes, 4 Marla plot costs around 35 lac, 6 Marla for 48 lac, 8 Marla for 60 lac, 12 Marla 85 lac and 1 kanal for 12.5 million. Whereas, the houses value starts from 7 million. Commercial plots prices start from 12 million. You can find and post free real estate ads at Tags.

 

September 30, 2017 / by / in
New iPhone 8 Launch – This is the new iPhone 8

Apple CEO Tim Cook announces the new iPhone X.

iPhone X

The iPhone X celebrates the 10th anniversary of Apple’s smartphone, featuring a radical redesign and new technology.

iPhone X
iPhone X CREDIT: AP 

The phone has a 5.8-inch OLED screen, which fills the entire front of the device. Apple has removed the iconic home button to make way for the display, replacing it with facial recognition software called Face ID.

Face ID is used to unlock the phone, authenticate Apple Pay and cutomise the new animoji.

The phone starts at £999 in the UK for the 64GB version, going up to £1,149 for the 256GB model. Coming in space grey and silver, it will be available to pre-order from October 27 and will ship on November 3.

iPhone 8 and iPhone 8 Plus

Apple also announced the iPhone 8 and iPhone 8 Plus, an upgrade to its current offering. The new devices have an all-glass design and can charge wirelessly.

iPhone 8 comes in black, silver and gold 
iPhone 8 comes in space grey, silver and blush gold  CREDIT: AFP

The 4.7-inch and 5.5-inch devices start at £699 and £799 for the 64GB versions. They come with iOS 11 software, which will be available to download from September 19, and an upgraded camera and processor.

Apple Watch 3

The third generation of Apple’s smartwatch is the first that works independently from the iPhone. A cellular version of the device is available form £399 and can make phone calls and browse the web.

Apple also unveiled a 4K Apple TV at the event.

September 13, 2017 / by / in