Published at ProPakistani

The Director of Finance & Development of Alif Holdings (Pvt. Ltd) in an exclusive interview with ProPakistani was pretty keen on the local property market’s recovery in 2025 due to declining inflation and low interest rates but said everything was contingent on the federal government’s support.

The top executive shared insights into Pakistan’s real estate sector and its expected recovery in 2025.

Having founded Alif Holdings to specialize in high-rise developments six years ago, he has witnessed the industry’s ups and downs. He noted that the year 2024 marked a turning point for real estate, after a prolonged period of stagnation in the past few years.

“2025 is going to be a very good year for real estate. I started predicting this in June-July last year. Inflation is coming down, and the benchmark interest rate is with it. Money will start coming out of banks and 80% of these withdrawals will go towards real estate,” he added.

Ahmed Saljouk, further implored the government to tax individuals rather than companies and to tax companies only when they are filling the pockets of these individuals through dividends.

However, if these companies use their earnings to expand their workforce, grow their business operations, and contribute as partners to the government in driving economic growth, they should be taxed at a lower rate. Discussing the company’s projects, he mentioned that Alif Holdings has launched 18 high-profile projects and successfully delivered 15 across Pakistan.

Among its latest developments are 18 Park Residence and Waterfall Towers, which are currently under construction. Looking ahead to 2025, he expressed optimism about the market’s future due to stabilizing inflation and declining interest rates as key factors contributing to growth.

He emphasized that government support for the sector would be crucial in maintaining this momentum. He urged the federal government to facilitate growth-friendly regulations to inspire investor confidence.

Overall, he projected that 2025 would be a year of significant recovery for Pakistan’s real estate sector. Improved economic conditions and increased investor interest will play key roles in supporting the momentum.