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5 Emerging Developing Cities of Pakistan

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Introduction:

Challenges in sustainable development are addressed by urban growth. Sustainable urban development in developing nations, in particular, faces significant obstacles such as slower economic and social progress, population expansion, environmental degradation, unemployment, slums, and so on. Remote sensing data time series give significant help for assessing sustainability. However, we cannot use land cover data to determine the urban spatial extent reliably.

Karachi:

Karachi dubbed the “City of Lights” once upon a time, has long held geopolitical and economic prominence. The city is the nation’s largest and most populated, and it serves as the country’s industrial and financial hub. On the Arabian Sea, Karachi acts as a transportation center. It plays an essential role in regional commercial mobilization through its two main seaports, the Port of Karachi & Port Bin Qasim, and one of the world’s busiest significant airports. Due to its modest linkages to the global economy, the city has also been designated as a beta world city, with Berlin, Geneva, and Abu Dhabi.

Being the engine of Pakistan’s economy, it contributes the most to tax collection, accounting for 62.4 percent of total revenue from 2000 to 2012. Karachi is responsible for almost a quarter of Pakistan’s national revenue. The city also has an unofficial sector, which is not generally reflected in GDP estimates but could account for up to 36% of Pakistan’s total economy. Karachi is host to many of the country’s top companies specializing in fabrics, cement, steel, chemicals, machinery, and food goods, which rely heavily on its industrial zones.

Gwadar:

Gwadar is a Pakistani deep ocean port on the southern shore of Baluchistan province, with coordinates of 25.1105 North and 62.3396 East. The coast of Gwadar stretches for 600 kilometers all along the Gulf of Oman. Fishing is the main origin of income for the people of Gwadar. As per a recent analysis, a local Gwadar fisherman captured a fish (Sowa) known locally as kir. The inhabitants of Gwadar are incredibly welcoming, greeting visitors with open arms and providing the best service possible. The working and middle classes make up the majority of Gwadar’s population. Balochi, Brahvi, Arabic, and other languages are spoken. According to the most current census report, Gwadar’s total area is 12,637km2, with 1.2 million people (263,514).

Gwadar is currently in the spotlight due to its stadium and the Pak-China CPEC project. The city is also known for its fishing town, hammerhead 5-star hotel, and Gwadar port. Gwadar’s climate is typically dry, humid, and warm. Once a tiny fishing village, Gwadar has undergone significant changes and is today considered one of the world’s leading port cities. The most impressive residential and business project is “Burj-Al-Gwadar,” which is located along the significant airport road, 264 feet wide. The Makran coastline highway is a connector route that connects Gwadar and Karachi. The development of Gwadar International Airport began in 2007. There are now flights between Gwadar and Karachi, as well as Turbat, Muscat, Oman.

Islamabad:

Islamabad is among Pakistan’s most attractive smart cities. It’s a beautiful mix of natural beauties and well-designed infrastructure. It is a beautiful spot to live in because of the beautiful hills, stunning views, and clean environment. This is why several well-known real estate developers have made significant investments in this city. Islamabad is growing and providing a plethora of real estate investment opportunities.

Shopping malls are being erected, housing communities are being constructed, residential and business complexes are being erected, and Islamabad has a lot more to offer. Islamabad’s rapid growth and burgeoning population have transformed the city together into a critical investment center in Pakistan. In recent years, the real estate market has seen the rise of various creative real-estate developments. Reliable commercial property projects offer substantial returns on investment in 3 to 4 years, based on various investment alternatives.

Lahore:

Lahore is among Pakistan’s most sophisticated and well-built cities for living and investing. As a result, investors always prioritize Lahore for investment objectives. At the same time, casual buyers choose to purchase property in Lahore due to the city’s advantages and dependability. Lahore’s GDP was predicted to be $84 billion in 2019. By purchasing power parity (PPP), the town’s gross domestic product (GDP) was estimated to be $40 billion in 2008 (forecasted to be $102 billion by 2025, with a somewhat higher growth rate of 5.6 percent per year than Karachi’s 5.5 percent). Lahore is predicted to contribute 11.5 percent to the country’s economy and 19 percent to the Punjab province economy. Punjab has a $115 billion GDP, making it the first and only Pakistani subdivision with an economy of $100 billion, ranking 144.

Multan:

Multan has established itself as one of Pakistan’s most developed and exceptional cities due to its financial growth and developments in many sectors, encompassing politics, real estate, social, and other elements. People who pick this city will have enormous and bright chances since it has strong institutions, responsiveness to global developments, and above-average productivity in growing industries. These elements contribute to its consistent increase and offer it a low-risk investment location.

Author Bio

M Junaid Lead Writer, Content Marketer at Sigma Properties | Taj Residencia, A writer by Day and reader by night

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