Real state boosted country’s economy, says Mayar

Anees Takar

MARDAN: City Mayor Advocate Himayat Ullah Mayar said that real estate has long been a cornerstone of Pakistan’s economy, with its multifaceted impact on the nation’s financial health and societal well-being. It’s an industry that weaves the threads of infrastructure, urbanization, and commerce into the fabric of the country, and its significance cannot be overstated.

Advocate Hamayatullah Mayar, who also serves as the Mayor of the city, emphasized the pivotal role that real estate plays during his address at the inaugural ceremony of the Saf Group Private Limited’s Expo.

The event, held at a local hall in Mardan, served as a platform for industry leaders and enthusiasts to converge, sharing insights and experiences. In addition to Mayor Mayar, the stage witnessed speeches from Saf Group’s CEO, Kaleemullah Khan, and Jannid Anwar, offering a multifaceted perspective on the real estate landscape of Pakistan.

Real estate has a profound impact on the economic landscape of Pakistan. The Mayor underscored the correlation between the construction of commercial towers and the growth of various industries, which, in turn, contribute to the overall economic progress. He highlighted the potential of such projects to invigorate economic activities, drive investments, and generate employment opportunities.

Kaleemullah Khan, CEO of Saf Group, expounded on the need to provide property business operators in Pakistan with an enabling environment that fosters growth and development. He acknowledged the company’s active involvement in a multitude of projects across the country, with the firm commitment to contributing significantly to Pakistan’s overall development. Real estate is not just about constructing buildings; it’s about building a brighter future for a nation.

The Mayor’s address resonated with attendees, not just as a reflection of his commitment to the city of Mardan but as an expression of the importance of real estate in the broader context of Pakistan’s economic landscape. The Mayor’s laudable remarks did not stop at the role of the real estate sector in the nation’s economic progress but extended to its potential to transform Mardan’s urban landscape.

He drew attention to the fact that an event like the Saf Group Expo was a testament to the dynamism and vibrancy of the real estate market. Such gatherings provide an opportunity for stakeholders to exchange ideas and build networks that can further fuel the growth of the sector.

Kaleemullah said further that in a country where real estate has experienced sustained growth in recent years, it’s not surprising that the industry has become a focal point for many investors. He said that increased urbanization, rising population, and economic development have all contributed to the buoyancy of the real estate market.

Kaleemullah said that like any investment avenue, real estate demands a well-informed and cautious approach. While the sector offers immense potential for financial gains, it also comes with its set of challenges and uncertainties. It’s essential for investors to be equipped with practical wisdom and a readiness to navigate the terrain effectively.

Real estate encompasses much more than the construction of physical structures. It involves the development of communities, the creation of sustainable environments, and the facilitation of economic activities. For this reason, the role of real estate is intrinsically tied to the broader vision of a prosperous and thriving Pakistan.

In the coming years, the real estate sector in Pakistan, particularly in cities like Mardan, will play a pivotal role in shaping the urban landscape and contributing to the nation’s socio-economic development.

As advocates like Mayor Hamayatullah Mayar continue to champion its significance, it is expected that the industry will find innovative ways to adapt to the evolving needs of the country and continue to be the backbone of Pakistan’s growth and prosperity. The Saf Group Expo serves as a testimony to the industry’s dynamism and potential, reflecting the optimism that underlies the real estate landscape in the country. It’s not just about buildings; it’s about building a brighter future for Pakistan.