Top 10 Real Estate Developers in Pakistan Ranked!

In this article, I will share the top ten best real estate developers in Pakistan with their total asset value, employees, headquarters, and best buildings in Pakistan. 

Some buildings include big Skyscracpers, Mosques, and government offices. All these real estate developers are contributing a big portion of their money and effort to building Pakistan.

Top Real Estate Developers in Pakistan

Most real estate companies I will share here are well established in the country and do business in other countries also. In short, all these real estate developers are the best because of the quality they provide. So let’s start.

Read also: Top real estate companies in Pakistan

1. Habib Rafiq

Habib Rafiq real estate company in Pakistan

Habib Rafiq is one of the best real estate developers in Pakistan. They specialize in project management, fabrication, erection, and engineering services.

  • Founding Year: 1962
  • Founder: Habib Rafiq 
  • Headquarters: Lahore, Pakistan
  • Famous Buildings: Lahore Sky Gardens, Bahria Town Icon, Karachi, Bahria Heights, Foundation Medical College, Enercon Building, Islamabad Stock Exchange Tower, Grand Jamia Mosque (Bahria Town Lahore), Islamabad High Court Building, and many more,
  • Service Locations: All over Pakistan
  • Employees: 5,000+

The company HRL looks forward to betterment, helpfulness, and progress to make it a better world.

2. Zem Builders

Zem Builders is one of the best real estate developers in Pakistan right now. It was founded in 2005 by Zeeshan Qureshi. The company has become a rising player in the property development industry, and its popular projects shows are proof of it.

  • Founding Year: 2005
  • Founder: Zeeshan Qureshi
  • Main Headquarters: Rawalpindi, Pakistan
  • Famous Buildings: Liberty Tower, ZEM ARK I & II, ZEM SkyLark, ZEM Gardenia, ZEM Insignia, ZEM Heights, Lake Vista Heights, and ZEM Mall.
  • Employees: 1000
  • Service Locations: All over Pakistan

With more than 18 years of experience in the property development business, the company Zem Builders has become one of the best real estate companies in Pakistan.

3. Bahria Town Group

Bahria Town is the current best real estate development company that offers commercial, retail, and residential property development services, in the town of Bahria in Karachi.

  • Year: 1996
  • Founder: Malik Riaz Hussain
  • Headquarters: Karachi, Pakistan
  • Famous Buildings: Bahria Icon Tower, Opal 225, Hoshang Pearl, Mall of Islamabad, Grand Hyatt Islamabad, and Mall of Lahore.
  • Assets: $3.4 billion
  • Locations: All over Pakistan
  • Employees: 10,000+

Bahria Town was one of the few areas of Karachi that was not flooded during the 2022 floods, which makes it very attractive to investors.

4. Blue World City

Blue World City Smart city in Pakistan

The Blue world city is also known as the Pak-China friendship project because of its Chinese-inspired architecture and proximity to the New International Islamabad Airport.

  • Developer: Blue Group of Companies and Imperium Group of Companies.
  • Bookings: Closed
  • Locations: Islamabad, Pakistan

The city is located near the Chakri Interchange on Chakri Road, with direct access from the Lahore-Islamabad Motorway. 

5. Defence Housing Authority

It’s also a government organization. Pakistan Defence Officers Housing Authority currently owns and manages the company in Pakistan. They offer real estate developments, investment properties, security services, recreational clubs, and educational services.

  • Founding Year: 1980
  • Headquarters: Karachi, Pakistan
  • Famous Buildings: Korangi national road, commercial avenue, Malir expressway, Zulfiqar street, and many others.
  • Service Locations: All over Pakistan
  • Employees: 500

The company was formally known as the Pakistan Defence Officers Cooperative Housing Society but later remained with the Defence housing authority.

6. Capital Smart City Islamabad

Their site says the booking is closed for now. It’s the only start city Pakistan has with an amazing view. There are smart cities, not a big development companies. 

  • Developer: Future Holdings Developments and Habib Rafiq
  • Bookings: Closed
  • Locations: Islamabad, Pakistan

Capital Smart City Islamabad is a joint collaboration between Future Holdings Developments and Habib Rafiq. The Habib Rafiq is a well-known name in Pakistan.

7. Lahore Smart City

It’s a smart city based in Pakistan where anyone can buy properties, but the bookings are now closed. HRL and FDH have partnered to create Lahore Smart City, which received approval from the Lahore Development Authority for its NOC.

  • Developer: HRL and FDH
  • Bookings: Closed
  • Locations: Lahore, Pakistan

There are many types of properties that an individual can buy. For example, you can have residential plots, farmhouses, villas, and normal 1BHK, 2BHK, and 3BHK homes.

With all these smart cities, the real estate market of Pakistan is growing rapidly. These joint ventures from the best real estate developer in Pakistan are proof of it. 

8. Park View City Islamabad

Park view city is another smart city based in Islamabad. This housing project is developed by Vision Group, a key member of Pakistan Tehreek e Insaf. 

  • Developer: Vision Group
  • Bookings: Closed
  • Locations: Islamabad, Pakistan

Vision group has developed many buildings in Pakistan, including The National School and Park View Villas at Multan road-Lahore.

9. Capital Development Authority

It’s a government organization. It is a public benefit corporation in charge of municipal services in Islamabad.

  • Founding Year: 2007
  • Headquarters: Islamabad, Pakistan
  • Famous Buildings: Capital hospital
  • Service Locations: All over Pakistan
  • Employees: 500

In Islamabad, Capital Development Authority is in charge of real estate administration, project implementation, and sector development.

10. Sky One Builders and Developers

y One Builders top real estate developers

You must have heard their name Sky One Builders, which was established in the year 1999. They are known for their market knowledge and devotion to clients for two decades. They primarily develop buildings, do interior design, and deal in plots.

  • Founding Year: 1999
  • Service Locations: All over Pakistan
  • Headquarters: Karachi, Pakistan
  • Famous Projects: Lucky Sky Tower ad Sky Tower
  • Employees: 50+

Sky One Builders is the authorized dealer of Bahria Town, which makes them unique. They are currently offering 125, 272 & 500 Sq. Yard villas with an easy installment plan right now for you to buy.

Please Note

There is no official data from any research organization on who can tell that there are the best real estate developers in Pakistan. But as per my research, these are the strong ones.

I have listed these developers based on their popularity, performance, and many other factors. All the rankings and company data will change over time. Don’t take them for granted.

Last Words

So here are your top ten best real estate developers in Pakistan, based on their current performance. I am not recommending any company here, but all of them are the best. Thanks for reading. See you soon.

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