How I lost 3 Million into Bitcoin after ditching Real Estate

Bitcoin vs Real Estate

I belong to an upper-middle-class family, in Pakistan. I work in a software company and live in my parents’ house. Like anyone else, I have also dreamt of having my own home. In doing so, my father insisted me to buy a piece land and built a house later in life. I had saved my money for this purpose. At the beginning of 2017, I purchased some land for around PKR 1.5 Million. It was a newly launched housing scheme and the rates of the land were expected to increase within a year or two.

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Why Bahria Town is the only safe and good investment in Pakistan?

Bahria Town Investment

As the Pakistan Real Estate market is growing, we are seeing countless housing societies being launched in Pakistan. Now every other person who has a big piece of land starts developing his own society and somehow gets permission to do so with or without the approval of local development authorities. However, the problem is that there is no standard of housing societies. They just focus on selling plots and making money. No proper infrastructure such as roads, hospitals or other basic services is taken into account to provide the residents or investors any kind of safe return. As a result, most of such projects fail to deliver.

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