In this article, we will see the Top 10 Real Estate Companies in Pakistan

Top 10 Real Estate Companies in Pakistan

In this article, we will see the Top 10 Real Estate Companies in Pakistan by their online business revenue.

Top Real Estate Companies in Pakistan By Revenue:

Here we are listing some Top 10 Real Estate Companies in Pakistan.

These companies are listed by ranking their total revenue for the three fiscal years 2016, 2017 and 2018. For comparison, the last two years’ figures are divided by the base year of 2016 (i.e. 2017 base year and 2018 base year figures are only compared to 2016 figures).

Top 10 real estate companies in Pakistan – By revenue

The Top 10 real estate companies in Pakistan listed above are listed because of their ranking in the above category.

Here are Top 10 Real Estate Companies in Pakistan by their revenue:

KPK Real Estate Company Limited (KREN), an affiliate of KPK Group, is a leading real estate development company in Pakistan having an eye on the market and the potential of the country. The company owns projects across all the four districts of Pakistan, including Karachi. The Top 10 Real Estate Companies in Pakistan are listed below.

Top 10 Real Estate Companies in Pakistan

Top 10 Real Estate Companies in Pakistan
Top 10 Real Estate Companies in Pakistan

List of Top 10 Real Estate Companies in Pakistan


The leading real estate firm in Pakistan is, which is managed by the Feroz and Shehzad Khan families. The company is known for the construction of many of the most notable buildings in Pakistan; the landmark buildings are also some of the most valuable residential real estate in Pakistan.

The Khan family is estimated by Forbes to be worth around US$450M. The Khan family and have been involved in the real estate sector of Pakistan for more than ten years. The business is based on the Feroz Khan Group’s flagship project, New Zameen Town, which was completed in 2012.


The Khan family has been involved in the real estate sector for more than 100 years. The family was originally involved in the textile industry but moved into real estate in the 1980s when they partnered with a leading American real estate business named Bechtel for property acquisition in the United Arab Emirates.

2. Graana

Pakistan’s online real estate marketplace, Graana, On October 18, the National Bureau of Statistics announced that the growth rate for the third quarter of 2021 was 4.9%. The growth rate, which soared to 18.3% in the first quarter of 2021, plummeted to 7.9% in the second quarter, and then fell to 4.9% in the third quarter. This is the same level as in the third quarter of 2020 (4.9%), and the base effect from the COVID-19 crisis has completely disappeared. The growth rate in 3Q fell short of the market’s forecast (5~5.2%), which became the background for the emergence of the ‘China risk theory’ again

3. AH Group of Companies

The AH Group is regarded as one of the top real estate firms in Pakistan in this field of real estate. Hengda Group, founded by Chairman Xu Jain (born in 1958) from Henan Province, has grown rapidly as a real estate development business. By expanding its business into finance, health care, and travel, it is the second largest in the industry by carrying out real estate projects in 139 cities including Beijing and Shanghai. After graduating from Wuhan Steel Academy and working at the Muyang Steel Production Line in Henan Province since 1982, Xu first encountered real estate when he moved to Zhongda Group in Shenzhen City, Guangdong Province in 1992. In 1996, when he founded the Hengda Group and entered the real estate business, Guangzhou, Guangdong Province, was a period of construction frenzy as the ‘socialist market economy’ was on full swing. In 24 years, Hengda Group has grown into a conglomerate with assets and liabilities of 2.3 trillion and 1.95 trillion yuan (353.7 billion and 299.8 billion dollars), respectively, as of the end of 2020.

4. Agency21

Agency21 was established in 2016. Rents for Class A offices in San Francisco are similar to those of President George W. Bush a decade ago, and rents in this city will continue to fall this year, and it is unlikely that they will bottom out until 2005. “Real estate continues to sink,” said Mark McGranahan, director of office leasing at Kushman & Wakefield.

The vacancy rate in downtown San Francisco has risen to 20.3%, the highest since Kushman & Wakefield counted. The vacancy rate, which once dropped to 1% during the dot-com boom, has risen every quarter when rents fall.

5. Estate Land Marketing

In the real estate industry, Estate Land Marketing is a well-known name.San Francisco’s highest-priced lease deal in the first quarter is a 15-year lease from Orrick Herrington & Sutcliffe, a law firm, for 156,000 square feet in a new, state-of-the-art Foundry Square building at 405 Howard Street for $27 per square foot. The rent is only half the rent the building owner, Wilson Minnie Sullivan, asked for when the building was completed two years ago.

Financial advisory firm US Bancorp Piper Jeffreys also leased 61,000-square-foot office space on the 19th to 21st floors of a skyscraper in downtown San Francisco at 345 Street, California, containing the glamorous Mandarin Oriental Hotel, at a low price of $37 per square foot. This building is a high-end office building in the Financial District.

Some companies use the fact that the rental market is a consumer market and demand that rents be reduced below the publicly disclosed level in the rental negotiations. McGranahan, director of Cushman & Wakefield, said, “When a lessor offers $30 per square foot, a lease is usually signed at $27, a discount of about 10%. there,” he said.


The authorized dealer for Bahria Town Karachi is Sky One Real Estate & Builders.

Concerns have been raised about the excessive leverage of Chinese real estate development companies such as Hengda Group, which was rumored to be on the verge of bankruptcy in September 2021. Accordingly, the Chinese government has been encouraging deleveraging (debt reduction) through prudential regulations. The Hengda Group crisis is the result of the simultaneous combination of the weakness of the growth model that relied on real estate, the accumulated excessive debt of real estate developers, and the government’s regulations that exceed corporate limits.

7. The Millennium Builders

One of the industrial real estate companies with the quickest growth is Millennium Builders, often known as TMB. Completion of new buildings and abandonment of sub-lease further increases the vacancy rate, further narrowing the position of the lessor. Building 2 of Foundry Square at 500 Howard Street was completed in February, and 223,000 square feet of space were added to Building 1. Sun Microsystems has leased the entire building, and half of it will be sub-leased.

The Ferry Building also increased its floor area by 175,000 square feet after the renovation. Koblenz Patch Duff & Base is the largest rental company in the building, occupying over 70,000 square feet.

Kushman & Wakefield estimates that 17 million square feet of vacant office space will rise to over 1.3 million square feet in addition to the existing vacant office space. The Iraq war in particular is casting dark clouds on the real estate market. “There is very little rental deal due to the Iraq war,” McGranahan said.

8. Chohan Estate

In a trust under the Trust Act, the trustee transfers specific property rights to the trustee or makes other dispositions to have the trustee manage and dispose of the property for the purpose of the trust. Ownership is completely transferred to the trustee, and ownership is not reserved to the trustee in the internal relationship with the trustee. (See Supreme Court 2010da84246, 2011.2.10.).

Therefore, if the real estate has been transferred to the trustee for the reason of the trust, and the trust registration has been completed, from the trustee’s point of view, the ownership is completely transferred to the trustee both internally and externally and corresponds to the result obtained by the trustee. Whether the reduced acquisition tax is considered to be a subject of the additional collection as it falls under the same type of sale or gift as it has been transferred and is considered to be a case of sale or gift within 5 years from the date of acquisition, regardless of whether it is used for the purpose of the acquisition is the issue


For Pakistani property purchasers, has been established. As a condition for additional collection, the meaning of sale is quite reasonable to conclude that the sale has been made as a condition for additional collection unless a contract is signed and the down payment is received. ) Transfer of ownership in a form that is not included in this category is not a sale and therefore does not qualify for additional collection (see Supreme Court 2008du 4879, May 15, 2008), so the trust does not enter into a sale contract and As long as a trust contract has been signed, it will not be considered a sale and will not meet the requirements for additional collection.

Similarly, the meaning of sale is to transfer ownership to another person for a fee, and in the case of gift, it is to transfer ownership free of charge, so it should be viewed differently from the sale. §554) or the free transfer of tangible or intangible property to another person directly or indirectly (§2 ③ of the Merit Act). Since ownership is transferred in a different form from gift in that it is not a form of transfer, it is not a gift and therefore does not fall under the requirements for additional collection. Accordingly, it is the view that a trust cannot be regarded as a requirement for additional collection unless it is sold or gifted or sold or leased for other purposes within five years from the date of acquisition, which is a requirement for additional collection.

10. Square Nine International

Square Nine is next on the list, offering affordable answers. Recently, the demand for corporate valuation as an analytical framework for generating synergies from diversification of management, making decisions for capital increase, evaluating debt repayment capacity, and dealing with non-performing loans is also rapidly increasing. The emergence of various content industries such as , travel, etc., the issuance of ABS and MBS, and the promotion of the REITs industry are expected to spur the expansion of the existing corporate valuation market.

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Major institutions believe that even if Hengda Group defaults, it is unlikely that it will spread as a risk to the financial system during the restructuring process. This is because the Chinese government has policy measures to prevent the Hengda Group situation from escalating into a structural crisis. The reason for the positive view is that the Hengda Group’s insolvency was triggered by the Chinese government’s regulations on the real estate market, and the government may have considered the impact of the Hengda Group crisis in advance. The prerequisite is that the sale of Hengda Group’s assets will be handled in an orderly manner. However, they also predicted that the deterioration of investor sentiment and the increase in short-term market volatility due to Hengda Group’s default crisis would be inevitable.