Faisalabad (Urdu: فیصل آباد; English: ), formerly known as Lyallpur, is the third-most-populous city in Pakistan, and the second-largest in the eastern province of Punjab. Historically one of the first planned cities within British India, it has long since developed into a cosmopolitan metropolis. Faisalabad was restructured into city district status; a devolution promulgated by the 2001 local government ordinance (LGO). The total area of Faisalabad District is 5,856 km2 (2,261 sq mi) while the area controlled by the Faisalabad Development Authority (FDA) is 1,280 km2 (490 sq mi). Faisalabad has grown to become a major industrial and distribution centre because of its central location in the region and connecting roads, rails, and air transportation. It has been referred to as the "Manchester of Pakistan". Faisalabad contributes over 20 percent of Punjab's GDP, and has an average annual GDP of $20.5 billion. Agriculture and industry remain its hallmark.The surrounding countryside, irrigated by the lower Chenab River, produces cotton, wheat, sugarcane, maize, vegetables and fruits. The city is an industrial centre with major railway repair yards, engineering works, and mills that process sugar, flour, and oil seed. Faisalabad is a major producer of superphosphates, cotton and silk textiles, hosiery, dyes, industrial chemicals, beverages, clothing, pulp and paper, printing, agricultural equipment, and ghee (clarified butter). The Faisalabad Chamber of Commerce and Industry monitors industrial activity in the city and reports their findings to the Federation of Pakistan Chamber of Commerce and Industry and provincial government. The city has a major dry port and international airport.
Faisalabad is home to the University of Agriculture, Government College University as well as the Ayub Agricultural Research Institute, Beaconhouse School System, Divisional Public School Faisalabad and National Textile University. The city has its own cricket team, Faisalabad Wolves, which is based at the Iqbal Stadium. There are several other sports teams that compete internationally, including hockey and snooker as well as other sporting events.
Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing."[1] It is a legal term used in jurisdictions whose legal system is derived from English common law, such as India, the United Kingdom, United States, Canada, Pakistan, Australia, and New Zealand.
It is common practice for an intermediary to provide real estate owners with dedicated sales and marketing support in exchange for commission. In North America, this intermediary is referred to as a real estate broker (or realtor), whilst in the United Kingdom, the intermediary would be referred to as an estate agent.Source: https://en.wikipedia.org/
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