CategoriesUncategorized

Powering Real Estate Value Unveiling the Electrifying Link Between Land Value and Quality Infrastructure

Land value is a critical factor to determine real estate value. It is influenced by a number of aspects, including location, amenities, and infrastructure. Powering Real Estate Value Unveiling the Electrifying Link Between Land Value and Quality Infrastructure are often brushed aside factor with the quality of the area’s electricity supply. A reliable, sustainable, and safe power supply is essential for economic growth, commercial development to improve quality of life. As a result, it has a direct impact on land value.

It Attracts Investors and Businesses

A reliable electricity supply is a top priority for businesses and investors. Companies are more likely to invest in areas with consistent power. As this reduces their operating costs and minimizes disruptions to their operations, so it is essential to verify the value of the property. A strong business community also leads to higher employment and income levels, which further drives up land values.

It Improves Quality of Life

A reliable electricity supply is essential for a comfortable and convenient lifestyle. It powers homes, businesses, and public facilities, such as schools, hospitals, and transportation systems. Areas with consistent power are also safer and more secure, as streetlights are always on and homes and businesses are less likely to be affected by power outages. This improved quality of life makes areas more desirable to live in, which drives up land values.

It Supports Economic Growth

A reliable electricity supply is essential for economic growth. It powers factories, businesses, and other commercial enterprises. This helps to create jobs and generate income, which further boosts the local economy. As a result, land values in areas with reliable electricity tend to appreciate faster than in areas with unreliable power.

 

Case Studies of the Link Between Land Value and Quality Infrastructure

Karachi

Karachi is one of the most densely populated cities in the world and is known for its strong economy and vibrant business community. The city also has a reliable electricity supply, which has contributed to its high land values. According to a study by UOK , Karachi’s commercial land prices are the highest in Pakistan. Likewise, residential land prices are also among the highest in the country.

Multan

Multan is another Pakistani city with a strong economy and reliable electricity supply. The city is home to a number of multinational corporations and startups, and its land values are among the highest in Pakistan. According to a report by Unbiased research, Multan’s commercial land prices are the third highest in Pakistan, and residential land prices are also among the highest in the country.

Lahore

Lahore is a major city in Pakistan with a rapidly growing economy. The city has also made significant investments in infrastructure, including its electricity supply. As a result, Lahore’s land values have been rising steadily in recent years. According to a report by nexthome.com, Lahore’s commercial land prices are among the highest in Pakistan, and residential land prices are also rising rapidly.

Leave a Reply

Your email address will not be published. Required fields are marked *

Get in touch

address
34B (1st Floor), Sector C Commercial,
Bahria Town, Lahore – Pakistan

social contacts

about us

NextHome.pk is an online property portal and a real estate project marketing company. We are home to the information, data, and connections for property buyers, sellers and investors.

Newsletter

Get latest news & update

© 2021-22 – NextHome. All rights reserved.

Message Us on WhatsApp