Can 1.5% of Pakistan’s Total Land Solve All Economic Problems? | TCM Explains

[@naumankisana]

Housing will never be the solution, you need to invest in the smaller cities and villages and provide facilities, moving the entire population to a few cities is useless, people have housing in the villages, so you need to remove the reason to move out of them, distribution of resources, agricultural land is the solution, these people think in terms of Billions of Dollars or what the World Bank says that is not the solution never has been, we have built huge cities and people need to leave them to find work abroad. Create Jobs in villages, decrease the burden on the cities, and solve the problem. 1. Distribute Land to the People from Feudals and government. 2. Spend in Villages and provide facilities. 3. Decrease the size of the cities. 4. Build Good Railways. 5. Fix Agriculture, for starters. Our Economy has been run by the real state mafia for 2 decades as a result we are in Peril. Real Estate is a Rent-Seeking and Stagnant resource.

[@salmanbasir2115]

You are correct- investors only invest in countries where their investment is safe- not where land mafias frauds everyday.

[@yousafkhan-vh9xn]

Most importantly it’s safety of ppl 😅… Pakistan is Islamic country bt they aren’t umat of our beloved Nabi Mohammad 😊 coz if they were n it won’t be like this 🎉

[@RiazKhan-vd4zy]

​@@yousafkhan-vh9xnpp0p😅po22

[@hamzamubashar]

He got this , hats off to Shafiq Akbar ✌️

[@gauravipal5691]

1. Will telling people whether a project is ok or not prevent qabza mafia from taking over your property? Because that is what is happening to overseas Pakistanis. 2. There is a project started in 2006 with DHA collaboration where people’s money is stuck. What would you have told people about safety of the project? 3. Saying 1.5% land of Pakistan is needed to complete housing needs of Pakistan for next 20 years is an oversimplification. The land has to be in areas where jobs exist and such land is in short supply. 4. If the investment in real estate at its peak in 2021 was $25 billion, then to assume that an incremental $15 billion a year will routinely come from overseas Pakistan is wildly optimistic. They are already sending $33 billion per year, which is more than Pakistani exports. To frame an analysis assuming $48 billion remittances each year for decades from overseas Pakistanis is bizarre.

[@sajidabbas5056]

Only one sector housing is not solution for economic revival

[@nightking8490]

True. Especially, not without manufacturing.

[@MysticSage-hg3jh]

Only Solution is Sharia Law After Sharia Law, Allah will Gift Pakistan Lots of Oil and Gas Like Middle East.

[@IronMan-nu3rb]

True...good performance in all sectors is required

[@Rizwan-Ali]

He makes a lot of sense, good to hear a different views o real estate.

[@godgivemepatience]

Real estate investment is one of the least productive investments in the economy when the country is in the threshold of bankruptcy and this 20-25 percent growth he is talking about is mainly driven by inflation.

[@harisraja3572]

Amazing and very valuable insights by the Sir Shafiq❤

[@naumankisana]

Pakistan needs Education, Health Care, Basic Housing(which people already have in the villages), Industry, Food Security, Energy, Water Security, and all that could be achieved without FDI, Overseas investment etc.

[@IronMan-nu3rb]

How without FDI??

[@naumankisana]

@@IronMan-nu3rb Justice in resources. No civilization was ever built without it. We are the 5th biggest population nothing else is going to work only idiots think someone else's money can fix Pakistan, to be great you have to work no one else will do it for you. Never in human history never.

[@khalidnaseem8691]

Assumptions are good, but reality is Pakistan needs major structural reforms for all sectors to thrive and produce economic growth. If not everything is a pipe dream.

[@321moron]

Small business is the solution not real estate. If small business is profitable they can become medium and than export start looking outwards but civil beurecracy is enemy of small business

[@kb-vj6vn]

We don’t want house we want cheap energy hospital roads and small businesses government should invest in small businesses production energy peace technical education and the housing he is is talking about is at the end people need food security , and independent income which is only by business. Small business

[@asimali0200]

In short there is only one problem. Leadership.

[@siddharthjain9211]

There is only one problem... Allah's pisslam

[@junaidarif9932]

Great insights. Really enjoyed listeing to Shafiq Akbar.

[@KGopidas]

Follow national one child policy for50-100years

[@qaziqadir]

this guy talks about building homes for Pakistani but builds only luxury real estate that sells studio flats for 1 cror. also most of his projects are like savings account that give his customers monthly interest payments. they don't invest in real estate but in savings account

[@progressivepakistan4059]

That is not true. The idea is how to do real estate , this is what this podcast is all about. Abt the interest payments plz elaborate

[@progressivepakistan4059]

His aim is not about constructing cheap homes for the poor, that is govt,s work. He is a capitalist but thrugh real estate he has brought many international brands here. So his target segment is the elite and rich. Try to differ that

[@fawadhafeez2]

You’re confused brother. You are contradicting your own statements. 1. If you’re saying luxury studio apartments in 1cr then its actually a favour for the people. Rather investing .5 to .7m into a substandard apartment, a person can actually improve the standard of living by adding a lot less and getting a lot out of it. Interms of facility, amenities and returns, and lets not forget its on off-plan right? So investing around 25-30% and then completing the amount in partial payments and getting such luxury is a win. 2. Please increase your knowledge about finances, what banks do with saving accounts and how the revenue is generated through it. And learn about what real estate management is. You never know what amazing things we can learn.

[@sofiaasghar8794]

Criticism is a good thing but for that you need to do good research first . What you explained is not even the half of what he is doing .

[@AhmedSultan-hi4gv]

Besides, bright prospects for investment in agro based sector. There are vast tracts of land available in almost all provinces which can be brought under cultivation in couple of years. There us no dearth of sub surface water resources which can be tapped easily for irrigation purposes . This way Pakistan become self sufficient in food items in short period and feed the agro based industries. Rapid industrialisation is the answer to our economic problem.

[@yasirsheikh4748]

Don't agree. Primary focus should be building industries and focus on exports. When people will be employed and country's productivity increases then with increased income provide good mortgage plans.

[@HomyTeampakistan]

There are two major issues in Pakistan's real estate. 1) Regulations and 2) Technology. If we can focus on these two key points, our major challanges can be resolved. Upcoming PropTech Convention in Lahore will create massive awareness. In Sha Allah

[@Rizwan-Ali]

Yes, we have lack of resources in building design, sustainable materials, technical engineering skills to execute such mega projects on ground.

[@gauravipal5691]

Pakistan GDP would have to grow at 7.6% per year in dollar terms in order to be a $2 trillion GDP by 2047. It has never achieved such growth even once in a year when it is not fighting some war on behalf of US. It has never successfully had even 3 consecutive years of 6% GDP growth without running into serious current account deficit and forex crisis.

[@ssaklani]

He is making things sound so simple. As if within few years pakistan will be the biggest economy in the world. Nothing will happen..pakistan is going down in the drain and thats where it will remain

[@HAIDERSHAHID_]

InshaAllah October

[@chandraad.6101]

He is suggesting very idealistic conditions, which are not possible in such political doldrums.

[@naturelover9560]

in gwadar first government sleeping to acquired land for govt infrastructure after investment people in it then govt are wake up and acquired investor properties on official rate which is very cheap

[@VoicebySADAF]

A visionary leader 👍🏻👍🏻👍🏻

[@yousafkhan-vh9xn]

Jab tak rule n law nei tab tak kuch nei Pakistan 🇵🇰 is gone

[@zaynabismoilova5584]

Please, add English subtitles 🙏

[@TheDigitalGuru430]

They have auto English translation which is quite close to what he is saying (80 to 90% accurate)... choose in settings from Hindi to auto transate in English.

[@muhammadshakil8873]

Masla NEEYATOON KA HY😢

[@rohitbammi9219]

Jub koi aise bolta hai bahut easy hai, it means he is not serious and is over confident. Can't be trusted.

[@sofiaasghar8794]

You should search about him first . He is a billionaire running a successful real-estate business in Pakistan .

[@vjsalman860]

building bana kar export karege illogical

[@SP.05]

What about KASHMIR Bhool gaye??😂😂

[@shahidmehmood7762]

Talked in the air. Only seeing through one prism. Such proolr study one sec and become the expertise on it. Yes we have scope in real state but also need more mp other secs. A good propagandist for real estate industry.

[@MysticSage-hg3jh]

😂🤣😂

[@sanjayshekar9911]

Bhaijaan this money to be invested on your education sector.What you are speaking doesn't make sense.

[@storyverse705]

Bhai real state ki tashreef se Bahar Nikalna chayye warna aane waale 20 saalo Mai siwaye barbaadi k Kuch nahi

[@guls1977]

Being overseas Pakistani 🇵🇰 I invested huge amount and stuck funds ,, seeked justice asked 20 percentage by department for recovery ❤️‍🩹 tht broke my heart .. asking for my own right and justice

[@FahadRasool-im5xc]

Please share details , where you invested ? with whom you contacted in which department for recovery?

[@guls1977]

@@FahadRasool-im5xc whats your position to ask