Under-Developed Real Estate Industry in Pakistan

Real Estate Development is an important part of economic activity and wealth creation the world over, Why is the real estate market so fragmented and underdeveloped?, Real Estate is the land and man-made changes on it, including residential, commercial, industrial and special use. Why is real estate development confined to ‘plots’ and ‘houses’ in Pakistan?• What is the regulatory framework for the sector?, Is this sector over-regulated or not regulated at all?, What are the processes that a Real Estate Developer has to go through in Pakistan in doing his/her business?, How does this sector finance itself and why REITs are not common in Pakistan?