Zameen.com launches property index

KARACHI: Zameen.com, the top property portal in Pakistan, has unveiled property index to help its visitors to track trend, performance and prices of the real estate sector across the country. 

“Investors can now analyse trends and track the performance of the real estate market as far back as January 2011,” said a statement. 

The statement added that the index also tracks per-square-foot rates of properties. 

Pakistan has an unorganised property market, while lack of land records and regulation give a way to unfair price structure. 

“Investors have every right to make educated, informed decisions about real estate and we want to equip them with the appropriate tools to do so,” the statement quoted Co-Chief Executive Officer Imran Ali Khan at Zameen.com as saying. 

“It will ultimately change the buyer or seller’s decision-making process completely, which will in turn alter the face of Pakistan’s real estate sector for the better.” 

Zameen developed the index with the assistance from the professors of Lahore University of Management Sciences.