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Real Estate in Pakistan is an important and growing sector of the economy of Pakistan. Pakistan spends $5.2 billion on construction in a year. Moreover, many more billions are spent on buying residential and commercial plots. Real estate is the most favored investment tool for locals. People highly prefer to invest majority of savings in real estate. According to the Pakistan Bureau of Statistics, construction output accounts for 2% of GDP, with housing representing less than half that total. With the rate of urbanization that Pakistan has been experiencing, there is a growing need for urban planning.
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