Probably, most finished blade blanks that you buy would be heat treated. I think it would make sense to ask that question before purchasing, and the seller may also know the grade of 440 it is. Like Fitzo said though, it's most likely 440A.
Generalizing is dangerous - even foolish - but maybe it's not out of line to say that Pakistan knives are not of equal quality to US-made knives. You can find many good quality blade blanks at any of the knifemaker supply houses, and you should be able to trust that they're selling you a decent product. At least they'll know what they're selling and their description will be accurate.
Like anything else, "you get what you pay for" and given the dependence we have on our tools I think it makes sense to buy the best we can afford, rather than shop around for the best price. With accurate descriptions, you can then compare prices.
But all that aside -- why not just design your own blade, sweat out its shaping, send it to a reputable heat treater and finish it up yourself? I'm sure you'll find that your pride of accomplishment in the end will overcome the anguish of working the steel!
PS - in these discussions of the benefits of various steels, I always think how pleased some ice age guy would be with anything we use - even the lowliest imported knife. Having used a stone knife, I can assure you that
any metal blade would be cause for celebration!