Statecraft and Real Estate Public Policy in Pakistan: Governance, Regulations, and Public Interests

Abstract

The objective of this study is to analyze the implications of statecraft on real estate public policy in Pakistan. This analysis considers the economic significance, regulatory challenges, and socio-political dynamics of the country. The real estate sector in Pakistan is of great importance to the economy, however, it is confronted with regulatory complexity, corruption, and challenges related to urbanization. These issues are influenced by historical and political factors. The methodology employed in this study involved conducting a thematic analysis on literature review articles. The analysis specifically focused on examining the economic impact, regulatory issues, corruption, and government initiatives within the real estate sector. The results of the analysis indicate significant economic contributions, regulatory complexities, and challenges associated with corruption and urbanization. Government initiatives demonstrate potential but necessitate efficient implementation. To address issues and promote sustainable growth in Pakistan's real estate sector, officials prioritize inclusive policies, smart urban planning, improved enforcement mechanisms, infrastructure development, and reforms to the country's land administration.