Diyar, a real estate business based in the United Arab Emirates, has purchased a $30 million extremely prime waterfront property in downtown Lahore.
Diyar Homes is setting a new standard in Pakistan’s real estate industry by delivering world-class luxury real estate using their global expertise and, for the first time, bringing the world’s leading consultants from the engineering, design, and architecture world to Pakistan, thanks to Prime Minister Imran Khan’s vision.
“For the past 24 months, we’ve been eyeing Lahore’s premier real estate market, patiently waiting for the appropriate chance. In a statement, a Diyár official said, “We look forward to producing a world-class plan that would set a new standard in Pakistan’s premium real estate segment synonymous with our brand.”
According to the statement, abroad Pakistanis donate about $40 billion back to Pakistan each year, and Prime Minister Imran Khan is appropriately focusing on boosting engagement with the diaspora.
Real estate values in the downtown region have risen by almost 50% in the last five years due to these reasons, with a surge in high-rise development. The city’s economic trajectory will be accelerated in the years ahead, with the government recently unveiling “Lahore Prime,” a $20 billion brand new Central Business District (CBD) that will be Pakistan’s first purpose-built CBD.
