Quetta Property Market Faces Sharp Decline as Prices Drop Up to 30%

Quetta: The property market in Quetta has experienced a significant downturn, with prices of residential and commercial properties declining by 20% to 30% over the past few months.

According to reports, the slowdown has affected major areas including Jinnah Town, Sariab Road, Airport Road, Satellite Town, and Zarghoon Road, where plots, houses, and commercial properties are witnessing weak demand and reduced transactions.

Real estate dealers say that overall economic uncertainty, rising inflation, high interest rates, and limited investment opportunities have forced buyers to adopt a cautious approach. Security concerns and difficulties in bank financing and housing schemes have further contributed to the slowdown in the sector.

Industry stakeholders noted that property prices in Quetta had previously seen an unusual surge, but the market is now gradually returning to a more realistic level. However, despite the price correction, potential buyers are still hesitant, expecting further declines.

Experts also highlighted that rising construction costs—including cement, steel, bricks, and other materials—have made new housing and commercial projects more expensive, discouraging fresh investments.

While some citizens believe the price drop could benefit middle-class buyers, affordability remains a challenge due to high construction costs and limited access to financing.

Analysts warned that without government intervention, including economic stability measures, investor-friendly policies, and easing conditions for the real estate sector, the property market in Quetta and across Balochistan may continue to face pressure.

Real estate stakeholders have urged the government to reduce taxes, improve housing finance facilities, and introduce supportive policies to revive activity in the sector.