How can Real Estate Projects in Smaller Cities be Profitable?

In Pakistan, perception prevails that real estate projects in smaller cities are either not profitable or have limited appeal. The massive development in realty sector focusing only on major cities has been the main reason of shaping this viewpoint. As second tier and third tier cities have not been gone through such mega development exposure, it remains an assumption only. Gone are the days when there was no chance of urbanization in smaller cities and they were completely out of the picture. Today, these less developed cities are emerging as potential competitors to the metropolitans and ideally posed for real estate developments. Real estate developers just need to capitalize this changing shift at the right time which has arrived.Read More