‘Large-scale real estate projects will help boost economy’

ISLAMABAD: The upcoming Prime Minister construction package, rationalization of taxes, rapid urbanization and rising demand for secure, well-planned communities are expected to significantly increase the need for quality housing during 2026, said CEO Eighteen housing scheme Dr Mohamed Mansour.

While talking to journalists here on Friday, Dr Mohamed Mansour said that the real estate extends far beyond residential development. It is an interconnected industry that fuels construction, banking, manufacturing, retail, and services—creating employment opportunities at every level. From skilled engineers and architects to daily-wage labourers and small suppliers, housing projects contribute directly to income generation and economic circulation

He has emphasized that planned urban communities and large-scale real estate projects will play a central role in strengthening the economy over the coming years.

CEO eighteen emphasized that green spaces, and commercial zones in a private housing project not only enhance quality of life but also attract domestic and overseas Pakistani investment. Projects like Eighteen demonstrate how modern housing societies can support government infrastructure goals while easing pressure on major urban centers, he added.

Dr Mohamed Mansour believes that with consistent policies, regulatory clarity, and access to financing, real estate can become a stabilizing force for Pakistan’s economy. Housing societies that prioritize transparency, planning, and community development can help formalize the sector and attract long-term capital.

He emphasized that these unlawful developments undermine the credibility of the real estate sector and discourage long-term capital inflows from the overseas diaspora, which remains a vital source of national investment.

He further stressed that strong regulatory enforcement, effective oversight, and strict checks and balances across housing societies would help stabilize the real estate sector and restore investor confidence. Such measures, he noted, would encourage both local and overseas investors to reinvest in this critical sector, which directly and indirectly supports more than 250 allied industries and plays a pivotal role in driving economic growth.

Commenting on the policy rate and its impact on real estate, he noted that a single-digit SBP policy rate would significantly boost investment in productive and running industries such as real estate by lowering the cost of borrowing and improving access to financing. Reduced interest rates would enable developers, businesses, and homebuyers to plan long-term investments with greater confidence.

Copyright Business Recorder, 2026