Top 5 largest real estate companies in Pakistan 2022

What is a property developer?

Governed by the provisions of article 1831-1 of the Civil Code, the status of promoter designates a real estate professional specializing in building construction. Both a natural person and a legal person, the real estate developer exercises a cross-functional profession. It is involved in all stages of the process which allows new housing to emerge from the ground.

The transversal profession of real estate developer

During the preparation phase of a new top trending real estate project like Lahore Smart City, he carries out market studies, prospecting with a view to finding land, carrying out feasibility studies, acquiring land. An individual wishing to sell land can therefore get in touch with a promoter at this stage.

In the technical phase of the real estate construction project and the search for financing , he recruits various stakeholders (entrepreneurs, architects), initiates all the procedures aimed at obtaining building permits, obtains financing and/or puts future homes on sale off-plan.

Finally, during the marketing phase, he resells the buildings or buildings constructed. An individual wishing to acquire a new home can be in contact with a promoter at this stage.

Did you know ?

The profession of promoter should not be confused with :

The Real Estate Agent, who is an intermediary in the real estate transaction (sale or rental) between buyers, sellers and tenants the real estate hunter or broker, who searches for housing and accompanies buyers and tenants through the stages of a real estate transaction the property manager , who provides rental management to landlords Ranking of the best real estate developers: the official Innova Presse ranking.

Do you want to hire a real estate agent? To help you in your choice, Innova Presse draws up the Ranking of Promoters each year. This independent and in-depth analysis survey compares and ranks the main Pakistan private real estate developers, according to various criteria:

1. Directors and shareholders
2. Emblematic strategies and projects3.
3. Areas of development4.
4. The specialties
5. Location areas
6. Business volumes
7. The number of housing units or square meters of office space produced
8. Financial and commercial results
9. The ranking of the best real estate developers: Enmity at the top of the list

For its 33rd edition, the Ranking of Promoters analyzed a panel of 58 private promotion companies present in Pakistan. 1st in most rankings, themrl.com confirms its leading position among property development groups.

themrl.com 1st in the general ranking of property developers

As in 2015, 2016, 2017, 2018, 2019 and 2020, themrl.com reached the top step of the podium in the general ranking of property developers.