Join N7 Group for innovation, excellence, and diverse growth opportunities in Real Estate, Tech, and Security. Choose us for our unwavering commitment to excellence, collaborative culture, and collective mission to improve lives. Shape your future and make a lasting impact with us. Your professional journey starts here.
Position Overview:
The Accounts Executive will support the finance team in various accounting and financial activities. The ideal candidate should have a solid understanding of financial principles, accounting processes, and relevant regulations. This role requires strong attention to detail, excellent organizational skills, and working collaboratively with different departments.
Location: Islamabad/Rawalpindi
Responsibilities:
Financial Record Keeping:
Maintain accurate and up-to-date financial records using accounting software.
Ensure timely and accurate processing of financial transactions.
Bank Reconciliation:
Reconcile bank statements and resolve any discrepancies.
Monitor and manage cash flow effectively.
Accounts Payable and Receivable:
Process invoices, expense reports, and payments.
Follow up on outstanding receivables and coordinate with clients/vendors as needed.
Financial Reporting:
Assist in the preparation of financial statements and reports.
Generate ad-hoc financial reports for management as required.
Compliance:
Stay abreast of relevant financial regulations and ensure compliance.
Support in the preparation of documents for audits.
Budgeting and Forecasting:
Assist in the development and monitoring of budgets.
Contribute to financial forecasting and variance analysis.
Cross-functional Collaboration:
Collaborate with other departments to obtain necessary information and support financial decision-making.
At N7 Group, we embrace diversity and foster an inclusive environment for all team members. As an equal opportunity employer, we celebrate and support the unique contributions of every individual, promoting a workplace where everyone can thrive.
Requirements:
Bachelor’s degree in Accounting, Finance, or a related field.
2-3 years of experience in a similar role.
Knowledge of accounting principles, regulations, and financial reporting.
Proficiency in accounting software and Microsoft Office Suite.
Join N7 Group for innovation, excellence, and diverse growth opportunities in Real Estate, Tech, and Security. Choose us for our unwavering commitment to excellence, collaborative culture, and a collective mission to improve lives. Shape your future and make a lasting impact with us. Your professional journey starts here.
Position Overview:
We are looking to hire a passionate, self-driven and experienced candidate for its Sales function in Rawalpindi/Islamabad. As a Sales Consultant, you will be responsible for selling property units, paying visits to clients, understanding client requirements and giving demonstrations while ensuring that deals are closed. While communicating with customers, you will act as the face of the company to ensure each customer has a positive experience at N7 Group by providing a simple and seamless process.
What you will be doing:
Revenue generation by virtue of project sales targets.
Securing a project sales deal by advertising, marketing, promoting, preparing and presenting project offerings & proposals to clients to convince them.
Understanding client requirements.
Work on leads and employ a systematic approach to convert leads into sales
Briefing clients on relevant property units.
Giving demonstrations to clients, carrying out site visits and timely closure of deals.
Follow up with clients to understand any evolving change in requirements.
What we are looking for:
Education to degree level or equivalent practical experience.
Passionate about sales. The ideal candidate will have commitment and focus on excellence and customer service.
Join N7 Group for innovation, excellence, and diverse growth opportunities in Real Estate, Tech, and Security. Choose us for our unwavering commitment to excellence, collaborative culture, and a collective mission to improve lives. Shape your future and make a lasting impact with us. Your professional journey starts here.
Position Overview: We are looking to hire a passionate candidate for a Customer Service Representative position for our Bahria Town Phase 7 office.
What you will be doing:
Handle inbound and outbound calls professionally and courteously.
Provide accurate information about our real estate listings, investment opportunities, and services.
Efficiently work on qualifying leads, setting appointments, build and maintain positive relationships with prospective clients.
Assist clients in navigating our website and online platforms.
Address client inquiries, resolve issues, and escalate when necessary.
Maintain detailed and accurate records of interactions in our CRM system.
What we are looking for:
2 years’ experience in customer services
Excellent verbal communication skills.
Friendly, approachable, and outgoing personality.
Strong follow up skills and ability to communicate with individuals with diverse backgrounds.
Welcome back, luxury enthusiasts! In our previous blog, we delved into the art and science of investing in commercial real estate, showcasing the immense potential it holds for those seeking not just returns but a lifestyle upgrade and now we will explore “Invest in Commercial Real Estate in Pakistan” in detail. Today, we bring you an exclusive insight into the heartbeat of luxury in Pakistan—a nation poised on the cusp of commercial real estate brilliance.
At N7 Real Estate, we pride ourselves on setting international standards in living, shopping experiences, and facilities. Our journey, spanning across different cultures and regions, has now led us to a pivotal moment—a moment where we introduce the epitome of luxury and convenience in Pakistan, The Paradise Mall, Biggest Mall of Pakistan.
In the realm of Invest in Commercial Real Estate in Pakistan, stands as a canvas for innovation and investment potential. The fusion of international expertise with local opportunities creates a tapestry of possibilities for those who dare to venture into this exciting market. Join us as we unravel the layers of opportunity and redefine the standards of luxury in the heart of South Asia.
Invest in Commercial Real Estate in Pakistan: A Flourishing Economic Pillar
In Pakistan, the real estate sector stands as the second-largest employment generator after agriculture, a testament to its pivotal role in fostering economic growth. According to a recent World Bank report, the industry is poised for significant expansion, with a projected growth of 2.3% in 2023. Government initiatives such as the Prime Minister’s Construction Package and the Naya Pakistan Housing Scheme further amplify the industry’s potential, contributing to a substantial 2.6% to the country’s GDP in 2020, as per the State Bank of Pakistan.
Driving Forces Behind Pakistan’s Commercial Real Estate Boom
Several key factors synergistically contribute to the dynamic growth of commercial real estate in Pakistan. Firstly, the government’s strategic initiatives, including the Prime Minister’s Construction Package and the Naya Pakistan Housing Scheme, play a pivotal role in fostering a conducive environment for real estate expansion. Additionally, the demographic landscape, marked by a burgeoning population and a rising middle class, creates an increased demand for commercial spaces, both for businesses and consumers. The country’s strategic geographic location further enhances its appeal as a regional economic hub, attracting international investments and spurring infrastructural development. Amidst these factors, the evolving consumer preferences and the integration of modern technologies in real estate practices contribute to the sector’s resilience and continual upward trajectory. As a result, Pakistan’s commercial real estate market stands poised for sustained growth and promising investment opportunities.
Paradise Mall: A Prime Investment Opportunity
Paradise Mall emerges as a prime investment opportunity, marking a distinctive milestone in Invest in Commercial Real Estate in Pakistan. This architectural marvel, presented by N7 Real Estate, is not merely a shopping destination but a testament to luxury, convenience, and strategic vision. Nestled strategically in Islamabad’s Zone 4, Paradise Mall offers unrivaled accessibility, positioned as a nexus between the dynamic twin cities of Rawalpindi and Islamabad.
What sets Paradise Mall apart are its unique selling points and features designed to elevate the consumer experience. From cutting-edge, digitally innovative shops that redefine modern retail to a luxurious reception boasting high double ceilings and broad waiting areas, Paradise Mall aims to provide a 7-star hospitality experience from the moment one steps through its doors. The openness of the space, coupled with 24/7 available security, underscores a commitment to prioritize the consumer’s safety and comfort, making every visit a luxurious and secure affair.
Invest in Commercial Real Estate in Pakistan Strategic Approaches
Delving into investment strategies for investing in Pakistan’s biggest ventures like Paradise Mall requires a nuanced approach that considers its unique attributes. From securing prime retail spaces to capitalizing on the digital innovations within the mall, investors can explore diverse avenues. With the promise of a diverse array of luxury experiences, strategizing for long-term gains becomes paramount. This section will dissect various investment strategies, ensuring readers are equipped with insights to make informed decisions tailored to the distinct opportunities presented by Paradise Mall.
Strategic Core Investments:
Overview: Aligning with the “buy and hold” principle, this strategy focuses on acquiring prime retail spaces within Paradise Mall, emphasizing stable revenue generation.
Risk Profile: Low risk, ensuring steady returns.
Unique Aspect: Leveraging the high-quality positioning of Paradise Mall, this approach minimizes vacancies and capitalizes on class A properties’ value retention, making it a recession-proof venture.
Enhanced Core Plus Approach:
Overview: A nuanced investment strategy, adding value to stable buildings within Paradise Mall through revenue-driven enhancements.
Risk Profile: Low to moderate, offering slightly higher returns than core investments.
Unique Aspect: Paradise Mall’s potential for revenue-driving renovations positions the core-plus strategy to enhance the consumer experience, attracting tenants willing to pay higher rents and achieving a typical IRR (Internal Rate of Return) of 10-14%.
Strategic Value-Add Initiatives:
Overview: Capitalizing on Paradise Mall’s potential, this strategy involves acquiring assets with room for enhancement over a 5-7 year period.
Risk Profile: Moderate risk with potential for higher returns.
Unique Aspect: Paradise Mall’s market positioning allows for strategic renovations and repositioning to create stability, contributing to an IRR of 15-19%.
Opportunistic Ventures in Paradise Mall:
Overview: Embracing higher risk for potentially higher rewards, this strategy involves substantial investments in areas of Paradise Mall requiring significant development.
Risk Profile: High risk, offering potential returns exceeding 20%.
Unique Aspect: Paradise Mall’s scope allows for groundbreaking opportunities, including thorough renovations or acquiring underutilized spaces, providing investors the chance to achieve substantial returns.
As the commercial real estate landscape continues to evolve, these tailored investment strategies for Paradise Mall cater to various risk appetites and investment goals, offering readers insights into navigating the unique opportunities presented by this transformative venture.
Financing Options: Navigating Investment Paths
Exploring financing options for investing in commercial real estate in Pakistan is a crucial step toward making the Paradise Mall dream a reality. From traditional bank loans to government-backed schemes, this section will guide potential investors through the financial landscape, offering insights into specific options that seamlessly align with Paradise Mall’s unique attributes. Explore tailored financing options aligned with the unique aspects of this transformative venture:
Traditional Mortgage Financing:
Flexible Repayment Options
Varied Interest Rate Choices
Access to a Diverse Range of Properties
Islamic Banking for Paradise Mall:
Shariah-Compliant Financing
Alternative Structures: Murabaha, Musharakah, Ijarah, Diminishing Musharakah
Profit-Sharing and Shared Risk
Halal Financing Options
Optimal Investment Path with Traditional Mortgage Financing
For those embarking on their investment journey, the easy option lies in the familiarity of traditional mortgage financing. Tailored for aspiring investors, this option provides the comfort of flexible repayment plans, allowing you to shape your financial commitment according to your preferences and capabilities. Whether opting for fixed or adjustable interest rates, this approach ensures a steady and predictable repayment structure.
Dive into the world of opportunities at Paradise Mall with the ease of traditional mortgage financing. This option opens doors to a diverse range of properties within the luxurious confines of Paradise Mall, enabling aspiring investors to choose from an array of strategic retail spaces. As you navigate the unique landscape of this transformative venture, the flexibility in repayment plans enhances your ability to seize the right investment opportunity tailored to your aspirations. Paradise Mall awaits, and with traditional mortgage financing, your journey becomes a seamless exploration of diverse and lucrative property possibilities.
Conclusion
As we draw the curtains on this exploration, it’s essential to recap the key points that make investing in Paradise Mall a compelling proposition. The synthesis of economic growth, strategic location, and the promise of a luxurious lifestyle experience positions Paradise Mall as more than a commercial venture—it’s an investment in the future of Pakistan’s evolving real estate landscape.
The journey doesn’t end here; it’s an invitation to explore further and consider Paradise Mall as a viable investment opportunity. As we’ve unraveled the layers of potential and promise, readers are encouraged to delve deeper, seize the moment, and be part of a transformative vision. Links to relevant resources and contact information will empower potential investors to take the next step toward making Paradise Mall their strategic investment choice for which they can contact renowned real estate organizations.
Think of the commercial sector as the heart of a country’s economy. It pumps life into businesses, innovation, and jobs. When we look at Pakistan, the commercial sector isn’t just important; it’s the foundation for the nation’s economic prosperity.
In Pakistan, the commercial sector takes centre stage. It’s not just a contributor to the economy; it’s the economic lifeline of the nation. With its strategic location, a population of over 220 million, and abundant resources, Pakistan is a land ripe with potential. It’s a place where history, culture, and a rapidly advancing economy converge, offering incredible prospects for commercial investment.
Let’s go through the world of commercial investment in Pakistan and uncover a goldmine of possibilities for local and international investors.
What Is Commercial Investment?
Commercial investment involves allocating funds to income-generating activities and assets within the business sector. This can encompass various opportunities, such as commercial real estate, business ventures, stocks, bonds, startups, and commodities.
The primary objective of commercial investment is to generate financial returns, whether through rental income, dividends, capital appreciation, or business profits. Investors invest in commercial real estate to achieve their financial goals and secure their future. The commercial sector enhances a country’s economic growth and helps the business thrive.
Why Is Commercial Investment Important in Pakistan?
For several reasons, commercial investment is crucial for Pakistan’s economic development and growth. It contributes substantially to the national income through property sales, rental income, and related services.
However, beyond real estate, commercial investment is vital for Pakistan’s economy for the following reasons:
Job Creation
Commercial investments, like setting up businesses or expanding existing ones, create employment opportunities. This is important in a country with a large population like Pakistan, where job creation is essential for economic stability.
Economic Diversification
Commercial investments help diversify the economy. In this way, a country does not rely on a single industry or sector. Diversifying can enhance the nation’s resilience to economic fluctuations and external shocks.
Infrastructure Development
Commercial investments often lead to improved infrastructure. Investors contribute to building roads, utilities, and other facilities that benefit businesses and the surrounding community.
Innovation and Competitiveness
Attracting commercial investments encourages innovation and competitiveness as companies strive to improve products and services to remain viable in the market.
Foreign Direct Investment (FDI)
Encouraging foreign commercial investments can bring in valuable foreign capital, technology, and expertise boosts economic growth and development.
Government Revenue
The government can generate revenue through taxes, fees, and other forms of revenue collection from commercial activities. This income can be reinvested in public infrastructure and services.
Global Trade
A thriving commercial sector promotes international trade. It helps Pakistani businesses to export goods and services. It also contributes to foreign exchange earnings and a positive balance of payments.
Rural-Urban Development
Commercial investments can bridge the urban-rural development gap by creating opportunities and improving infrastructure in both urban and rural areas. It reduces economic disparities.
Benefits Of Commercial Investment in Pakistan
Commercial investment in Pakistan offers numerous benefits, some of them are:
Tax Benefits
Commercial investment in Pakistan offers tax advantages. Investors can benefit from tax deductions on property. Depreciation of tax allows investors to deduct a portion of the property’s value from their taxable income, reducing their overall tax liability.
Capital gains tax rates for commercial properties are typically lower than those for other types of assets, providing potential tax savings upon property sale.
Ownership
Commercial investment in Pakistan grants investors a sense of ownership and control. This can especially appeal to entrepreneurs and business owners looking to establish their office or retail space.
Ownership allows investors to make decisions regarding property improvements, renovations, and lease agreements, giving them flexibility and the potential for higher returns on investment.
Valuation
The value of commercial properties tends to appreciate over time, especially in prime locations. Commercial properties can also be revalued to reflect market conditions, potentially increasing the property’s worth. This provides opportunities for investors to leverage their investments for further growth.
Rental Yield
Commercial real estate in Pakistan yields higher rental income compared to residential properties. This is due to the longer lease terms and typically higher rental rates.
The potential for rent escalations in commercial leases further enhances rental yield.
Inflation Hedge
Unlike some investments, such as fixed-rate bonds or cash savings, the income generated from commercial properties increases over time, especially in response to inflation. Lease agreements often include rent escalations tied to inflation or the consumer price index (CPI), ensuring that rental income keeps pace with rising costs.
Types Of Commercial Investments in Pakistan
Commercial investments in Pakistan offer investors and businesses the opportunity to grow wealth. Investors choose different types of commercial investments, which are as follows.
Real Estate
Real estate investment involves acquiring, developing, or leasing properties, such as residential, commercial, or industrial spaces. In Pakistan, real estate has long been a cornerstone of investment due to its potential for capital appreciation and rental income. It offers diversification and serves as a tangible asset.
Business Ventures
Investing in businesses across various sectors, from manufacturing to technology, allows investors to own or operate companies and participate in their profits. Entrepreneurs often turn to this form of investment to build and grow their enterprises.
Stocks and Shares
Investing in stocks or shares of publicly traded companies listed on the Pakistan Stock Exchange (PSX) provides a way to own some of these businesses. Stocks and shares offer liquidity, allowing investors to buy and sell easily. They can provide diversification and the potential for significant returns in a well-performing market.
Bonds
Bonds represent debt securities issued by governments or corporations. Investors lend money in exchange for regular interest payments and the return of the principal amount upon maturity.
Bonds offer stable, predictable income through interest payments. They are considered lower risk compared to stocks and can provide portfolio stability.
How To Find the Right Commercial Investment in Pakistan?
Finding the right commercial investment in Pakistan requires careful consideration and research to align your financial goals, risk tolerance, and preferences with the available opportunities. Go through the following checklist
Define Your Investment Goals:
Assess Your Risk Tolerance
Explore Investment Options
Conduct Market Research
Financial Assessment
Seek Professional Guidance
Location Matters
Legal and Regulatory Compliance
If you want a good commercial investment in Pakistan, you can choose the Paradise Mall by N7 Corporate Group. The Paradise Mall is a commercial project under construction in Bahria Town Phase 4, Islamabad, Pakistan. It is designed as a one-stop shopping, dining, and entertainment destination.
The Paradise Mall is expected to be a major commercial hub in Islamabad. It is anticipated to attract many visitors from all over the city and beyond. The mall is also expected to generate many jobs for the local community
Conclusion
Pakistan is a country with a lot of potential for commercial investment. The government has also taken several steps to improve investment, such as reducing taxes and simplifying regulations.
However, there are also some challenges to commercial investment in Pakistan. These include political instability, security concerns, and infrastructure bottlenecks. However, these challenges are being addressed, and the overall outlook for commercial investment in Pakistan is positive.
If you are considering making a commercial investment in Pakistan, it is important to research and get guidance from reputable real estate firms in Pakistan.
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