Pakistan has a rapidly developing economy and high potential for future growth. It has implemented numerous business incentives and reforms to become one of the most business friendly and investment friendly countries in South Asia. Karachi specifically has been identified as the most business friendly city in Pakistan, with the lowest cost of living in the world and a GDP of $78 billion in 2008 that is projected to grow to $193 billion by 2025. Real estate development in Pakistan and Karachi has seen enormous growth, with high demand for residential units and skyrocketing prices, as many investors prefer real estate as a safe investment option.