Land Prices Double in Karachi ‘Exciting’ Financier Habib

  • Shortage of homes, rising income boosts new house construction
  • Habib’s Power Cement and Aisha Steel Mills set for expansion

A digger operates at a construction site in Karachi, Pakistan. Land prices in the nation’s financial capital surge amid rising demand and an improving security situation.

Photographer: Asim Hafeez/Bloomberg

Pakistani financier Arif Habib’s bet on Karachi’s real estate is paying off as land prices in the nation’s financial capital surge amid rising demand and an improving security situation.

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