The month of Ramzan holds great significance for Muslims around the globe. While fasting is the core element of this month, Muslims, in general, are also inclined towards doing ‘righteous deeds’. They take this month as an opportunity to work on self-improvement, spiritual reflection and are more devoted to worship.
Not only does this holy month affect the personal lives of people, but it also has a huge impact on their spending habits. Over the years, we have observed the overall dynamics of the market drastically change during Ramzan, and here’s why:
- Ramzan has been occurring during summertime
- People tend to spend most of their time indoors
- Work, school and business hours are reduced
- More opportunities to socialize with family and friends
Due to the above-mentioned factors, the month of Ramzan actually becomes the ideal time for one to make an investment. While fewer investors might show up during Ramzan as compared to the other months, the small number of people who take interest mostly end up making an investment. This in turn, also provides an opportunity for businesses to know more about their potential customers.
Real Estate – The Smartest Investment Option in Ramzan
In Pakistan, we have a lot of small to large scale real estate investment opportunities to choose from. It could be Peer to Peer Lending, Investment in Stocks, Banks, or Investment Companies. You may also buy Gold, Foreign Exchange, and Bonds. However, our favorite is the evergreen Real Estate Investment and we have solid reasons to support our argument.
- Investing in property lets you take complete ownership, and makes the investment entirely halal.
- Real Estate can be a stable source of income.
- The financial value of a real estate property almost always increases over time, provided the investment is made with planning and foresight, in an approved project with a good location etc.
Apart from standing out as the most reliable investment option year-round, the real estate sector also enjoys some unique leverages during the month of Ramzan.
1. Lower Property Prices
Due to fewer buyers in the market, the prices of real estate properties usually go down during Ramzan to entice buyers. Now, who wouldn’t want to buy something so valuable at a better price, right?
2. Special Offers by Developers
Offering discounts and special offers during the month of Ramzan is one of the most common practices observed by almost all the brands. Real Estate Developers also do not hesitate to do the same for their existing and potential customers. They encourage buyers to enjoy significant savings and benefits on various types of properties.
3. Unique Market Position
With the buyers and sellers having more time at hand during Ramzan, they tend to abstain from making hasty decisions. They are less stressed with their everyday routines and are generally more focused. This means that they are also able to analyze their options when it comes to making an investment.
COVID-19 Pandemic’s Effect on Real Estate
During the past few months, COVID-19 has affected every walk of life on a global level. Unfortunately, the Real Estate Sector couldn’t save itself from the notorious Coronavirus either.
It’s not long ago when we used to have regular open-house events and various marketing drives to have detailed insights about upcoming investment opportunities in the real estate market.
Now that developers and other brands are not able to invite their customer base to physically visit and check out their existing and upcoming projects, we thank the modern-day digitization techniques for being able to largely take their place.
Brands like Graana.com allow their customers to have virtual tours of real estate properties that they are interested to buy or rent, that too within the comfort of their homes. In fact, they have also launched a campaign encouraging people to stay home in order to fight the global pandemic.
Invest in High ROI Projects by Graana.com
When it comes to making a real estate investment, there are a lot of crucial factors involved. For instance, you must take a closer look at the diversified portfolio of available properties, make sure the developer you’re investing with is credible enough and of course, a little help from an industry expert is a must-have!
By investing with Graana.com’s best investment solutions, the customers can enjoy the following benefits on their real estate investments:
- 20 – 26 % Guaranteed Profit
- Money-Back Guarantee
- The Best Buy-Back Policy
- Secure Investment
- Hottest Selling Projects
All the above-mentioned factors make Graana’s projects the best real estate investment opportunities located in the twin cities of Pakistan. Each of the following projects has been developed with a specified theme, offering unique experiences to their investors and visitors.
Located on Main G.T Road, Imarat Builders Mall is Pakistan’s first mall offering all sorts of products and services required in building any kind of property. Be it a house or a commercial plaza, Imarat Builders Mall is your one-stop-shop for everything you need to get the work done.
Amazon Outlet Mall is a rainforest-themed mall being developed with a vision to create a fashion hub for the masses of twin cities. Pakistan’s first themed mall offers a whole lot of facilities such as restaurants, café, sauna, spa, gym, kids playing area, a library and more!
This renaissance inspired Luxury Mall and Hotel is nothing less than an architectural wonder presented by the Imarat group of companies. It will be the first luxury boutique mall and hotel in Islamabad.
The First Museum Mall of Pakistan is located on the Main Islamabad Highway. Mall of Arabia is a modern depiction of traditional Arab architecture. It is set to provide a matchless experience to all its visitors and residents.
These were some of the factors why we consider Ramzan to be a great opportunity for everyone to make real estate investments.
If you have any questions or confusion, let us know. We will be more than glad to help you out.
None of the information published in this article should be construed as investment advice. We strongly advise our readers to always do their due diligence before investing in any project. It is the reader’s responsibility to know the laws regarding investments in their region. This blog is originally published here.