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What Are the Possible Housing Options You Can Find on Ferozepur Road?

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Ferozpur Road Lahore

So, you are thinking about what could be!

Well! Here we will tell you about the possible options.

The people of Lahore very well know the importance of the Ferozepur Road as the busiest road. It links the central parts of the city with the south of city.

That’s the reason most real estate giants have an eye to develop new projects on the vicinity of Ferozepur road.

Another reason can be included here­­­­__ the inauguration of Lahore Ring Road, southern loop II.

Ferozepur Road is also famous as a business hub of city. The land located in its vicinity like the Gajju Matah is much lower in rice. In fact, the price has never been raised since last year. This is the best time to invest here as an investor and bring this area to life.

Let’s have a quick look to know what’s important is happening in major housing societies on Ferozepur Road.

Central Park Housing Scheme Lahore

It is one of the most popular on-road housing projects, and many of its buildings represent end users. Four blocks out of the eight have been built and completed, and four are still being halted by development work. In the first half of 2019, work on construction in these blocks is expected to resume. Whereas, little or no demand has emerged from these blocks and thus a steady but still noticeable decrease of 10% is reported.

In the built blocks on the other hand, demand for property and prices remained consistent. we also have clues that the real buyers are also involved more in buying 10-marla property in blocks A, F and G in the near future.

You can check our lists for plots to be purchased in Central Park Lahore to see the current opportunities and property prices.

Palm City Ferozepur Road Lahore

Like other developed housing societies, here you will also find the developed blocks on instalments. This society developed a few months ago and despite the relatively lower volume of investment in the property industry, 80% of Palm City’s inventory has been sold.

The society has5-marla,7-marlaand 10-marla residential units. Such packages can be owned with down payment, which is 30% of the total price of the package. According to our agents working in Palm City, the company began to serve people, whereas up to 50 houses are still under construction.

Plots of prime locations also have value. To get a clear idea about the current market price and buy a plot, please visit our list pages of plots for sale in Palm City Lahore.

Bahria Nasheman Lahore

Only 30 per cent of Bahria Town has established the business and will start a new booking after Bahria Town will see the community prepared to offer the best rates. However, the new plots in Sunflower and Zinia Blocks in Bahria Nasheman have only been bought out with a few plots remaining. In addition, clearance for these two blocks is being pursued by the Lahore Development Authority (LDA).

The society has a good shape and home to have about 30 families. Bahria Nasheman would potentially profit from its accessible location on the Ferozepur Road and the fact that many people have already declared it home as a consequence of major developments expected in the near future.

Those who want to buy a plot can check for the appropriate plots in Bahria Nasheman Lahore on our lists.

Grand Avenues Housing Scheme Lahore

The society started operating in 2011 and the rates have increased three times since then. This shares its boundary with the upcoming Phase X of the Defense Housing Authority Lahore (DHA), for which land files are exchanged on the market. The society has finished the formal processes to secure a NOC from the LDA, which now takes time to issue the approval.

Higher demand is being requested in blocks A and B for developed and land plots. In the meantime, society is still welcoming more people to build their homes instantly. Currently, the builder is responsible for 30 applications for map permits for houses. About 50 families now live in this society.

In other areas of the city, you can know more about the current prices and equate those with the property prices for Grand Avenues Lahore.

LDA City Lahore, Investment Plan for The Plot Holders

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LDA City Lahore, Investment Plan for The Plot Holders

LDA City Lahore is a public project and one of Punjab’s biggest housing projects. The place is on Ferozepur Road, in the proximity of the renowned Lahore Ring Road, approximately 1.5 kilometers from the metro terminal station of the city. LDA City attracted a lot of attention–and investment–in the city due to its ideal place.

Now, there is great news for investors who purchased plot files after its launch in the project. The LDA City Lahore ballot will be held shortly.

BALLOTING FOR LDA CITY LAHORE has started

The governing authority for the project is set to assign 9,000 file owners to ballot for LDA City Lahore in latest media reports. The event is scheduled for 21 December.

Around 11,000 kanal land was assigned for the allocation on the 13,000 kanal lands along the Butcher Khanna Distributary, near Ferozepur Road.

Development is currently in progress in an area of 6,200 kanal. Three contractors currently are working in two shifts to speed the process in order to fulfil the time-frame set by the Supreme Court. The plots would be given to owners of the respective file owners of the LDA City after the land is developed.

In addition, in all LDA City projects, the LDA has also assigned 3 billion PKR to the development works.

The LDA City Lahore Phase 1 development work was split into seven packages and most of the work has been done in packages 2, 3 and 5. Package 2 of LDA City Lahore needs to be developed at around PKR 99 crore and 31 lakhs.

there is GOOD news FOR PLOT FILE HOLDERS OF LDA CITY LAHORE

There is another reason to celebrate the happiness for people who have eagerly awaited the allocation of plot numbers. The Lahore Development Authority has reportedly cut its development costs by almost 50%.

For example, the construction costs for a residential 1-Kanal plot file in LDA City Lahore were PKR 2.5 million initially. Due to recent amendments, however, plot file holders who bought 1 Kanal plot files from private developers will have to pay 1,25 million PKR. If you purchased a plot file from personal builders for a 1 Kanal housing plot, you will only have to pay PKR 1.25 million for development.

Same with 5 plots Marla files and 10 plots Marla file owners. The construction costs charges by LDA City would be PKR 1.675 million for a 10 Marla plot. The cost, however, would be PKR 837,500 for those who purchased the 10 Marla plot file from private developers.

Read More: Is investing in LDA City is safe for the investors?

DEVELOPMENT WORK is scheduled within 7 stages

According to a news article, the construction work in the LDA City will be divided in 7 packages, according to the LDA Chief Engineer Mazhar Hussain Khan. Initially, the development work under Package 5 of the housing project was carried out. Experienced contractors for packages 2 and 3 have also been employed, and development work in these areas has started.

ear marked land for mosque and central park

The project’s details were also shared by the LDA’s director-General, Muhammad Usman Moazzam. He told us that the design layout includes a central park, which would be built on 330 Kanals. The main area is fixed only for a centre currently al mosque in the housing scheme. The mosque will be constructed on some 16 Kanal of area. For the visually impaired in LDA City, a world-class cricket stadium will be constructed. There are also plans to construct a graveyard and sports complex and for this purpose authorities have designated a place.

LDA has given the city file status, which you can use for verifying your documents on their official website, in order to guarantee transparency and to protect the property rights of all plot file owners. You will input the number of the file here.

 currently available plots for INVESTMENT IN LDA CITY LAHORE

If you want to invest in LDA City Lahore, look at the prices of currently available plot files. The PKR 14.5 lakh 5 Marla plot file is ready to sale on PKR 18 lakh. ⠀It’s an opportunity for those who want to buy 10 Marla plot files, they can get it within range of 22 lakh to PKR 30 lakh. You need to have a budget of PKR 36-38 lakh to purchase a 1 Kanal plot file in LDA City Lahore.

KDA’s New Affordable Housing Scheme This is What You Can Expect from The Project

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New Housing Societies In Karachi

The Karachi Development Authority (KDA) is set to launch four new housing schemes to assist individuals in Karachi buying affordable homes. For a town like K-Town, which happens to be one of Pakistan’s most successful real estate markets, this is excellent news. An important proportion of the city’s population depends on the state to provide affordable housing units. KDA’s low-cost housing schemes in Karachi are anticipated to generate a multitude of possibilities for investment in property for that section of society.

KDA ‘S LOW COST HOUSE IN KARACHI: LATEST UPDATE

KDA Director-General Dr. Badar Jamil Mandhro told a local TV channel that the development authority will announce in Karachi shortly officially affordable housing schemes. Among those seeking to be homeowners, this news has brought a lot of enthusiasm.

According to the local government secretary, these housing schemes will be built for lower-income individuals to tackle their housing requirements and assist them improve their living standards.

Moreover, at some of the city’s most sought-after places, these affordable housing systems will be introduced in Karachi. This is all the more justification why individuals are keen to learn more about the venture and want to learn how to register in Karachi for low-cost accommodation systems from KDA.

WHERE IS KDA GOING TO LAUNCH THESE AFFORDABLE HOUSING SCHEMES?

As stated above, the need for the hour is new houses in a big town like Karachi. Karachi Development Authority has selected residential areas that accommodate a significant population and already have most of the fundamental facilities required to live a pleasant life.

In Surjani Town, Federal B Area Block-1, Korangi and KDA Scheme-1, the KDA residential system in Karachi will be introduced. It will be correctly publicized in journals once this initiative is formally introduced.

WHAT WILL AREA SIZES OF THE HOUSE EXPECTED?

“The residential systems comprise both apartments and farms comprising 80 square yards, 120 square yards, 200 square yards and 240 square yards, according to a media study released in a local English newspaper. These will be the KDA’s first residential plans in 20 years. The last one was the residential system close the Five Star Chowrangi of North Nazimabad in 1999.

The residential system is also anticipated to have higher increases in line with PM’s idea of vertical cities. These elevated increases will also include green space and will fit more individuals in a smaller square footage region.

Let’s explain in depth each region where KDA is going to start the scheme. In these popular areas, we will also take a look at the property prices.

SURJANI TOWN

One of Gadap Town’s neighborhoods, Surjani Town is just 18 minutes from New Karachi, a really well-reviewed location in town. It has 17 sectors. It covers a region of 6,600 acres of property belonging to the Development Authority of Karachi. Among the 17 sectors of Surjani Town, as reported by a local TV channel news article, the 15 areas were laid aside for residential systems initiated by the KDA in 1984.

You will find plots and houses in Surjani Town that are largely smaller in size. These are 60, 80 and 120 square yd ranges. In Surjani Town, you can also purchase ready-to-move buildings that will charge you between PKR 15 lakh and PKR 1.5 crore anywhere.

FEDERAL B. AREA BLOCK-1

Federal B. Area is one of Karachi’s earliest residential communities from the 1950s. It has multiple buildings that offer affordable homes to citizens of Karachi. Gulberg Town is also regarded as the Federal B. Area. It’s dividing into 21 sections. Of the 21 blocks, the housing area consists of 20 buildings and the residual one consists of the commercial region.

Surrounded by North Nazimabad, Buffer Zone and Liaquatabad, Federal B. Area enjoys a key place. Federal B. Area Block 1 is on Shahrah-e-Pakistan’s southern hand. The Karachi Circular Railway Track separates these blocks from the Liaquatabad area.

Because of its main place, people purchasing houses and plots in Federal B. Area Block-1. Houses from PKR 1.8 crore to PKR 2.9 crore can be found in Federal B. Area Block-1.

Related: Karachi Will Have Four New Housing Schemes

KORANGI

Korangi is a large populated area in Karachi that includes nine union councils and is a famous region among the middle-income group. People tend to live in this portion of the town because it provides its residents with almost all the essential necessities. There is also access to health care facilities, universities, universities and organizations of higher education.

A number of houses and properties in Korangi are available for sale. Houses for purchase in Korangi Town, based on their magnitude and closeness to different facilities, would be between PKR 19 lakh to PKR 6.5 crore.

KDA SCHEME-1 (Karachi Development Authority)

KDA began its development plan with the launch of its first KDA Scheme-1 project in Karachi. It was built in 1959 by Pakistan’s government order for the development of Karachi and also for the rehabilitation of refugees. KDA Scheme-1 offers plenty of luxurious homes and apartments. But the region is much more than just nice houses.

Due to its prime location and number of amenities offered to its residents, people buy houses in KDA Scheme-1. You can buy ready-to-move houses in KDA Scheme-1 from PKR 5 crore to PKR 25 crore anywhere.

So, these were the recent reviews in Karachi on KDA’s low-cost housing schemes. You can also find out on our blog Naya Pakistan Housing Scheme, another famous low-cost residential scheme that the state has introduced. Read our article about how to apply for the Naya Pakistan Housing Program internet. Since the method has been digitized, registration in NPHP requires only 10 minutes.

As shortly as there is a formal announcement regarding KDA’s low-cost housing scheme in Karachi, we will share more information. Stay tuned to the best property blog in Pakistan for more articles linked to real estate.

Read More: Travel Across The Historical Places of Pakistan

Travel Across The Historical Places of Pakistan

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The soil of subcontinent has been a place of attraction of many invaders since centuries. The history of Pakistan itself speaks about the ancient civilization.

For centuries to arrive, they are well maintained. Pakistan’s historic locations include exceptional structures and numerous locations. You should go to places of historical and breathtaking significance when you choose to roam around Pakistan.

Its history dated back the oldest of its kind. Here one can see the ruins of Mohenjo Daro, the Kandhare art, the ancient city of Texla. Beside these, many are there to depict its history without saying a word.

Nearly every city has its own history to reveal, which never failed to attract its visitors with glory and grandeur.

Let’s have a look, how it surprises human intellect to reveal itself.

City of Gardens, Lahore

A lovely place in one of the old places of Lahore is Shalimar Garden, which was first built by Mughal emperor Shah Jahan (1642). The garden is covered with elevated walls and a watch tower is located at all four corners. This garden is used as a special desk. In Lahore, there are numerous other museums, historical sites and many renowned mosques. Badshahi mosque, the masjid wazir khan and Lahore Fort holds special place here.

Minar-e-Pakistan, one of the most popular and historic sites in Lahore, is a unique place, and the building was constructed to recall the significance of this place. This minar is approximately 197 feet high.

City of Lights, Karachi

The city of lights, Karachi, another urban area of equal importance, is Pakistan’s contemporary city on the shore of the Arabian Sea. Many attractive places include Masjid-e-tooba, which is regarded as Pakistan’s most important single doom masjid there are many art galleries and bazaars, and which is also the hub of diverse sector and commerce and has a broad range of water sports.

Read More:Karachi Will Have Four New Housing Schemes

The City of Nawabs, Bahawalpur

Noor Mahal or Noor Palace is a hundred and fifty-year-old palace in Bahawalpur, Pakistan. This palace is a landmark in history, shows the love of Nawab Subah Sadiq Muhammad khan IV for his wife when he laid the foundation of this beautiful palace. This palace was built to be the residence of Subah Sadiq and his family but, because of the Basti Maluk Shah graveyard, his spouse refused to stay there and stayed only one night. This building was later used as the guest house of the State or for the meetings.

It is a building that spans an area of 44,600 square metres and is like an Italian chateau neoclassical villa. There are 32 rooms in the double story building, 14 of them are in basement. There are also 6 verandas and 5 domes.

The City of River Indus, Sindh

The Mount of The Dead

Mohenjo Daro is another lovely but one of Pakistan’s historic sites. This site was founded in 1921 and has the same nature as Harappa. This is famous for the Indus Valley. Mohenjo Daro is the only place to tour for visitors from all over the globe, particularly those with a genuine feeling of historical sites. The old Mohenjo Daro houses consist of mud and burnt bricks, which created this town of architectural style.

The 10.8 cm dancing girl from the house in 1926 is the fascinating reality about Mohenjo Daro. It was the most well-known historian-archaeologist Mortimer Wheeler’s sculpture.

Wheeler said, “There is her little Baluchi-style face with pouting lips and insolent look in the eye. She’s about fifteen years old I should think, not more, but she stands there with bangles all the way up her arm and nothing else on. A girl perfectly, for the moment, perfectly confident of herself and the world. There’s nothing like her, I think, in the world.”

The city Jhelum

Rohtas Fort

Rohtas Fort in Jhelum is another classic that portrays the true traditions and cultural heritage. This fort was constructed in the 16th century by King Farid Khan of Afghanistan, also recognized as Sher Sha Suri. The building was built in 8 years, accompanied by historical and architectural style. You will be happy to see the big walls with giant doors, following the Afghan-Persian style.

The Rohtas Fort consists of twelve gates, including the names Sohail Gates, Shah Chandwali Gate, Kabuli Gate, Shishi Gate, Langar Khani Gate, Mori Gate, Khwas Khani Gate, Gatali Gat, Tulla Mori Gate, Pipawala Gate and Sar Gate. To visit Qila Rohtas, you should know the renowned places within the fort such as Haveli Man Singh, Phansi Ghat, Sohail Gate Museum, Rani Mahal, Talaqi, Shishi and Langar Khana Gates.

The City of Khyber Pass Peshawar

In Pakistan, there are many other places, such as Peshawar is one of Pakistan’s most famous cities. It is at the entrance of the Khyber Pass and the primary city to the northwest. Peshawar has Pathan tribes and they all are Muslims. On the West and East ends of the city, Balahisar Forts offers access and you can travel on the Khyber Pass mountain routes.  This town is well-known for its bases, universities and schools.

Footnotes

We have tried to capture some of the places, many are still left. We have done our utmost effort to give you the imaginary glimpse of such places. While reading you have been travelling across the Pakistan.

Hopefully you have enjoyed a lot. 

State Life Housing Society Phase 1

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SLCHS (State life insurance employees co-operative housing society) is a private housing scheme to facilitate the state life and insurance employees. The largest housing society which is providing renovated homes in state life housing scheme.

The idea of this Housing Society was floated in 1988. It was registered by the Deputy Registrar Cooperatives under registration No. 1285 on 9-10-88. The society got the town planning of Phase – I have done from M/S. NESPAK over an area of 2621 kanals. On 03-10-1994 This project was approved by the District Council Lahore Revised plan of Phase – I over an area of 4150 Kanals is submitted to Nishtar Town for approval.

The residential area of sate life housing society is comprised of two phases, Phase I and phase II having a total area of about 5000 Kanals and 5500 Kanals respectively. In Phase – I the number of fully constructed Houses are 1425 and the number of under construction Houses is 450.

Location:

It is located near to Lahore Ring Road and DHA and just a 13.6km from Allama Iqbal International Airport. There are a number of top schools and commercial facilities just a few minutes’ away from society.

Plot size:

Phase I residential area is divided into different sized plots, the Number 1 Kanal Plots are 1356,10 Marla’s Plots are 749 and 5 Marla’s Plots are 1569.

And Phase II residential area is also divided into different sized plots as well, number of 1 Kanal Plots are 6311, 10 Marla’s Plots 1630 and 5 Marla’s Plots are 606.

Infrastructural Facilities:

 A property portal that presented state of art services and features, which are as follows:

  • 30 feet wide roads
  • Nearby water purifying plant
  • Electricity
  • Sui gas
  • Sewerage
  • Boundary wall
  • Near Mosque
  • Ideal location for residency
  • Nearby main gate
  • Nearby Parks
  • Nearby educational institutes
  • Nearby Shopping malls
  • Public Transport service
  • Close by restaurants and café

There are two water head tanks having the capacity of 100,000 Gallons and multiple functioning tube-wells for the continual supply of water to the residents of this society. A well-built sewerage system of 15.56km with an additional of 4.82 km of rain drainage network, well-developed roads are 18.7 km lengthy, electricity is being supplied to the residents through one 400 KVA Transformer and four additional 200 KVA Transformers, Sui gas connections are also available in Phase-I.

State life housing is equipped with advanced infrastructure including sanitation, roads, and a proper transportation system. Moreover, the capacity of the sewerage water storage is 318,056 liters and a pumping unit is also installed over there for draining the sewerage into the main drain.

If you are looking to make investment in State Life Housing Society real estate homes then State Life is an ideal resource. For more information follow Rightdeed.com, if you have any suggestions post a comment below.

Visit for more information about Real Estate Pakistan. Pakistan’s Best Real Estate blog stay tuned with us.

All About Dream Gardens Lahore Plots for Sale

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Far from any sorts of doubts, Dream Garden Lahore Phase 2 is an extraordinary and model housing society. It provides state of the art peaceful living to its dwellers filled up with all sorts of amenities and facilities of everyday life.

No need to mention, the developers of Dream Garden Lahore Phase 2 are Izhar Monnoo Developers. After the success of the Phase I of the same society they have decided to launch this new project by the name of Dream Gardens Phase-II.

The LDA approved Dream Garden Lahore Phase 2 is ideally located on Defense Road. It is fully packed with real time improved amenities which would be a blessing for its dwellers offering them residential plots, residential (ready-to-live) fully constructed houses. There are also ideally located commercial plots of 5 to 30 Marla where you can start your next financially ideal business plan.

Why should you invest in Dream Garden Lahore Phase 2?

Though there are many reasons for your investment in Dream Garden Lahore Phase 2, it is the safest place for your future plans and life savings investments as it is one of the top approved societies on sale. Moreover, it has been flawlessly approved by all the PHA, LDA, LESCO, and WASA etc.

The Payment Structure of Dream Garden Lahore Phase 2

As mentioned earlier, due to many reasons Dream Garden Lahore Phase 2 has become an ideal scheme for all the potential investors and those who have a mind to dwell in a peaceful environment. It is also a worthy project in terms of unique and most affordable payment plan comprising of possession rights just 30% of the total price. The Residential Plan is as follows:

Plan for Plots

5 Marla plots For Sale in Lahore, 7 Marla plots For Sale in Lahore, 10 Marla plots For Sale in Lahore, 1 Kanal plots For Sale in Lahore & 30 Marla plots For Sale in Lahore Plan for Houses

5 Marla houses For Sale in Lahore, 7 Marla houses For Sale in Lahore, 10 Marla houses For Sale in Lahore, 1 Kanal houses For Sale in Lahore & 30 Marla houses For Sale in Lahore

Plan for Commercial opportunities

6 Marla Commercial plots for Sale in Lahore, 5 Marla Commercial plots for Sale in Lahore & 8 Marla Commercial plot for Sale in Lahore

Along with the above-mentioned qualities, major Project features of Dream Garden Lahore Phase 2 are as follows:

Comprising of Lahore’s first urban forest

Most secure gated residential and commercial community

Carpeted roads (35 to 150 ft. wide)

24 Hours security

Society’s own mobile security squads

Bahria University

Underground electric line

Construction material used in each house is of the highest grade

Corporate Office Space

Birds Park

Designer Plantation

Moreover, the Dream Garden Lahore Phase 2 has the easiest access to the following premium educational institutes:

Comsats

BNU

UOL

UCP

Locational Edge and Distance benefits are as follows:

Lahore Ring Road is 5.5 km

Bhubtian Chowk is 5.5 km

Raiwind Road is 7 km

LDA Avenue-I is 3.9 km

M-2 Motorway is 10 km

Thokar Niaz Baig is 12 km

The Payment Plan is as follows:

RESIDENTIAL PLOTS (PLOT PHASE- 2)     
Area Booking Percentage per instalment Total (PKR)
5 Marla 30% 7.27% PKR 54.08 Lakh
30 Marla 30% 1.45% 2.63 Crore

 

COMMERCIAL PLOTS
Area Booking Percentage per instalment Total (PKR)
6 Marla 30% 7.27% PKR 2.47 Crore –
10 Marla 30% 1.45% 4.12 Crore

 

Visit for more Properties at Rightdeed.com. Stay tuned with Pakistan best news blog.

How and When to Invest in Karachi Real Estate Business

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Real Estate Karachi

Real estate business in Pakistan has always been under discussion and debatable from various aspects. Because Karachi and Lahore are the main cities in this regard both these cities also become a part of that discussion. Specially is case of Karachi property business most of the people have been lucky in the past few years, but if we go back and read about the history of Real Estate Karachi some have even lost all their life’s saving in the Karachi Real Estate Business, the question is how and why? Well, we at Rightdeed.com are always striving to bring you not only the latest news and updates about the real estate business but also precious piece of advice based on the opinion of our expert’s panel which can be easily named as a Real Estate Think-tank.

Before discussing whether it is feasible or not to invest in Karachi Real Estate business, we would have to discuss some facts and figures and also, a brief view of all that happened in the Past 15 years in Real Estate Karachi of Pakistan.

For those who are new in that field, there is nothing to worry about, as it is no more a rocket science, real estate business is also as simple as any other sector. The basic rule which apply on all sorts of businesses is Demand and Supply; it applies on the real estate sector as well. Whenever demand of real estate is high and supply is low, prices go up. In the same manner when the demand of property is low and supply is high price have to face an ultimate fall.

Read More: Karachi Is Still the Sixth-Cheapest City in The World

As a matter of fact, the people who suffered in the Real Estate Karachi business during the last few years were those who did not have any idea of this basic demand and supply rule. They either bought property right before the rates were going to rise or during a sudden fall suffered great loss. Or they could not judge the political flow of Karachi which keeps on changing from time to time. Whatever the case may be, one has to ponder a lot while working in the Karachi property business market. When you are into property, no matter it is Real Estate Karachi or Real Estate Lahore you would have to know the basic facts when demand gets high and how it gets low otherwise you will have to face the consequences.

For an impartial view about the Karachi Real Estate, we would have to take a deep look upon the history of Karachi property industry which will make it quite easy for you to decide when to invest and when not to take the risk.

Why Karachi Real Estate Faced a Crash in Early 2000?

In fact, it was a very hard time for the Karachi Real Estate business as. Though it was not specific for the Karachi property market, as it crashed in whole of the country. The upheaval in the political environment of Karachi was one of the main reasons behind it. Due to the terrorism mixed political scenario played a great role and it was why the Karachi Real Estate crashed in that specific era which obviously had an everlasting impact upon the upcoming days of Real Estate Karachi business.

Other reason behind this was that due to the unfortunate incident of 9/11 most of the overseas Pakistanis especially who lived in the European and United States of America had to face a great deal of disturbance and migration. As they had to come back to Pakistan and bought houses in DHA Karachi, houses in DHA Lahore and houses in DHA Islamabad, the demand suddenly went high and the prices went up. It was a kind of artificial rise as when the conditions got stable, people again started to settle in their respective countries.

After that the Real Estate business faced a remarkable bloom in the 2016. Though the real estate business had some booms before that era too, but these were not so much noticeable as compared to the bloom in the 2016.

Most affected areas due to this bloom if talking about the Karachi Real Estate market were as follows:

Luxury real estate sector comprising of prices of properties over 2 Crore or more were highly affected by this boom in 2017. As an after math still effects are predicted in in the coming days by various real estate experts. To be simpler and more precise, price fall was observed more than 20% after the artificial rise in Karachi property prices. And obviously the most affected was the high price real estate sector. Similarly, the less affected area of investment was the 5 and 3 Marla properties sector.

Read More: Overall Impact on Real Estate Business in 1st Month of PTI Government.

How to deal with it

The core purpose of that article is to guide you in such a manner that if such case happens again, you may not suffer by acting upon our advice. As an investor, no matter you are a new one or a seasoned one, you should always act like an opportunist. For that you will have to look upon the positive side of the picture rather than the gloomy one. For example, now property prices are lower as compared to the past, so it is the best time to invest and seek new investment destinations like Gwadar, Bahria Town and DHA Karachi. However, do not expect miracles overnight, this is a very tricky game and you will have to wait for the proper time before you get some really sweet fruit.

We would wait for your precious piece of mind in the comment’s section below.

Stay tuned with Pakistan’s best real estate blog. And your feedback at support@rightdeed.com .

Most popular areas under PKR 35 Lakh to buy 5 Marla plots in Lahore

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POPULAR AREAS IN LAHORE

Tourists and history buffs enjoy Lahore as the governing seat of legendary rulers for its wealthy history. Lahore, however, is also the first option of intelligent real estate investors since the city’s property market has handsomely rewarded investors, particularly over the previous few centuries. If you look forward to selling 5 Marla plots in Lahore, this post will assist you find the most famous places in Punjab’s capital.

The regions listed below are proclaimed winners based on searches and information obtained over the first six months of 2019 from Rightdeed.com.

MOST POPULAR AREAS IN LAHORE UNDER PKR 35 LAKH 5 MARLA PLOTS

Most Popular Areas for 5 Marla Houses in Lahore under copy
Most Popular Areas for 5 Marla Houses in Lahore under copy

If you are looking for a 5 Marla plot for sale in Lahore under PKR 35 lakh, then these should be your options according to the user behavior observed on Rightdeed.com during the first half of 2019: interpreting the information shown on the above picture, Bahria Orchard, Khayaban-e-Amin and Pak Arab Housing Society are the top options to invest in a 5 Marla plot under PKR 35 lakh. Other enticing communities like Al Jalil Garden, Lahore Motorway City, Al Rehman Garden, Central Park Housing Scheme, Bismillah Housing Scheme, Grand Avenues Housing Scheme, and Zaitoon-New Lahore City follow the top three.

Let’s discuss in detail the top three regions so you can get a better insight into what the estate industry in Lahore holds for prospective buyers and investors.

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BAHRIA ORCHARD, LAHORE

Bahria Town, Lahore, Bahria Orchard’s magnificent project brings a fresh layer of convenience, comfort and luxury to further enhance living standards with high-end amenities and equipment. Just as the name suggests, there are lush green gardens in Bahria Orchard and scenic trees plantation. It is an exceptional housing system that pays particular attention to horticulture.

Ideally located on Raiwand Road and easily accessible from Ring Road connected to Phase 4, Bahria Town Orchard, it doesn’t come as a surprise to see the project top of our list of top 10 locations buying 5 Marla plots in Lahore. Here are a few more characteristics that make this community suitable for Buy 5 Marla plots under PKR 35 lakh in Lahore:

  • Gated community and round-the-clock surveillance 
  • Contemporary infrastructure
  • Uninterrupted power supply and electricity back-up
  • Designed as per the highest, global standards of living

Given the above characteristics, we can deduce that buy a 5 Marla plot in Bahria Orchard is not a poor deal at all for Lahore at an average cost of PKR 26 lakh. Although the system is still under building, in its advanced blocks many families have begun to settle, ranging from A to J.

KHAYABAN-E-AMIN, LAHORE

Located close Lahore Ring Road(L-20), Khayaban-e-Amin neighbors many upscale Lahore communities like on one hand Fazaia Housing Scheme and on the other hand DHA Rahbar. Khayaban-e-Amin is also linked to several of the city’s main arteries, including Raiwand Road, Multan Road, Ferozepur Road, Badian Road and Airport Road, making the airport within a half-hour drive.

Among all the other benefits of living in Khayaban-e-Amin Lahore, you can’t ignore the fact that it provides shuttle facilities, carrying passengers from their residence to Jinnah Hospital without worrying about any timetable. Additionally, the company’s entrance is about 165 feet wide and nearly all the needed amenities such as main parks, mosques, colleges, and trauma centers are within residents ‘ reach. We’ve collected a few more company characteristics to assist you make an informed choice:

  • Community trauma centre
  • Four-star community centre
  • Well-linked to main arteries 
  • Dedicated parks in each block

The average price of 5 Marla plots for sale in Khayaban-e-Amin falls at PKR 31 lakh, according to information from the first half of 2019. Investing in the properties here can be useful in more than one way, as this society is connected to the city’s main pathways.

PAK ARAB HOUSING SOCIETY, LAHORE

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Pak Arab Housing Scheme

Comprising Blocks, A to D, Pak Arab Housing Society, Lahore is distributed over a 3,000-channel region and is largely split into two stages: Phase I and Phase II. The project also has a specific block for Pakistanis from abroad and their families.

Family known as the Pak Arab Housing Scheme, located between Ferozepur Road and Defense Road, it is a state-of – the-art housing environment with almost every imaginable unit. Being a project of a well-respected and reputable company–WAK Group, the system is known to offer accessible accommodation for reduced and middle-income individuals’ groups. Considering its prime location and the fact that it is approved by the Lahore Development Authority (LDA) lends more authenticity and credibility to the project.

Analyzing the information for the first half of 2019, we can say that at PKR 31 lakh the average cost of 5 Marla plots in Pak Arab Housing Scheme was registered with Phase 2 gaining more popularity. The minimum price in Pak Arab Housing Scheme Phase II for 5 Marla plots is PKR 22 lakh.

We have Al Jalil Garden and Lahore Motorway City with average rates reported at PKR 17 lakh and PKR 15 lakh, respectively, as for other famous regions to purchase a 5 Marla plot in Lahore at an average cost of PKR 3.5 million. These two systems are removed from the city’s pollution and crowd, featuring modern infrastructure and safe borders.

But Al Rehman Garden and Central Park Housing Scheme also produced it into our list of top ten famous fields to buy 5 Marla plots under PKR 3.5 million. You can skim through our comprehensive area guide on Phase 2, Al Rehman Garden to get an idea of how life is like in Al Rehman Garden.

Bismillah Housing Scheme, Grand Avenues Housing Scheme, and Zaitoon – New Lahore City, adjacent to Bahria Town Lahore, can also be considered.

You can also change your choices by going through our H1 market report for the Lahore property market, which provides you an extensive overview of the city’s real estate market purchasing and rental trends. Subscribe to Rightdeed Blog for most updates on the real estate market and trends as we are committed to offering you with more material like this. Contact us at support@rightdeed.com  and share with us your precious opinions.

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All You Want to Know about DHA Peshawar

DHA Peshawar KPK
DHA Peshawar KPK

Before analyzing the investment opportunities, prices, development, balloting and location of DHA Peshawar, we must have an idea of the previous history and background of this ideally located housing project. The idea of DHA Peshawar was at first presented in the year 2007. When the idea was ripened, it did follow the process of selection of site, the legislative requirements and all the actions necessary for the acquisition of Land for DHA Peshawar.

The following purposes were behind the establishment of DHA Peshawar:

  • Environment friendly developments.
  • Facilitate the area with essential facilities i.e. Health, Education & Entertainment.
  • Reconnecting communities.
  • Development of modern urban communities.
  • Provide modern living standards to all the dwellers.
  • To offer affordable super class infrastructures and economic prices.

In fact, this housing project is being formed under an Act of Parliament called as DHA Peshawar Act 2009. This act provides the strong legislative foundation to DHA Peshawar to provide a trustworthy and one of its kind housing projects for the dwellers of Khyber Pakhtunkhwa. DHA Peshawar is the first Housing Project of KPK that holds the world-class dwelling atmosphere and well-secured community. It is furnished with all the necessary amenities must for a quality life. For the time being its Phase I is under process and its balloting and development is under process.

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Some of the important amenities provided are as follows:

Notable Features of DHA Peshawar Phase I

  • Schools in each sector,
  • Mosques in each sector,
  • Minimart and Purified Water Supply system.
  • Separate Sectors are being provided for 1 Kanal plot sizes.
  • Separate Grid Station for quality Electricity.
  • 12 feet high security wall surrounding the whole area.
  • Independent link from Motorway.
  • Two large water Canals and Two seasonal Sewage Nalas.
  • Lush greens parks and peaceful picnic spots equally situated in all sectors.
  • Hospitals and University.
  • 5 Star Hotels
  • Sky Scrapers of Big Brands.
  • Modern Farm houses.
  • Golf course.
  • Most Modern Traffic plans.
  • Expandable to further phases in future, towards all four sides.

 

How to Acquire DHA Peshawar Files

Whether you are a local of Peshawar or some other part of the country, you must have a mind to avail this massive investment opportunity. For your convenience we are giving a step by step guide which will no doubt help you in acquiring file of your plot.

In fact, thanks to the computerized system of allotments and fool proof procedure, acquiring a DHA Peshawar plots file has very much become swift procedure and will take only a few days. We at Rightdeed.com are always ready and pleased to help and assist you in all sorts of real estate and property related matters. So once again if you have made up your mind to buy DHA Peshawar file at the lowest market rates, follow the guide map devised by our real estate think tanks.

  • Give a token amount of 100000 and 10000 processing fee (including 6500 transfer charges.
  • Provide 2 x passport size pictures.
  • Prepare a pay order of the remaining amount in favor of the party selling you the file.
  • You may visit DHA Peshawar in person or give power of attorney to your representative in case you cannot afford a direct visit. The representative will thus collect the intimation letter on your behalf.
  • Fill up the membership form and submit the fee through a pay order. At that stage you will have to provide the CNIC of your close blood relation as well.
  • In the final step collect your allotment letter directly from DHA Peshawar office. For that purpose, you will have to visit the DHA Peshawar in person.

Location

DHA in Peshawar is located at one of the most ideal location which is surrounded by todays most sophisticated societies like Yaseen town Peshawar, Hafiz town and runs parallel to Regi model Colony. It is located near Nasir Bagh road which is close to Askari VI Peshawar and other societies.

 

DHA Peshawar Balloting

In fact, a delay has been witnessed in the Balloting of DHA Peshawar due to which lot of investors are worried. It has been since the July 2017 that many dates have been changed and then the balloting has faced hindrances. Delays in the affidavit files in DHA Peshawar have been a serious issue since the very first day. These delays in issuance of affidavits were due to certain internal issues however everything is back in order now and so a lot of files which had been held up for a month were shortly released,  5 Marla plot for sale in DHA Peshawar.

The second balloting was to be held at 29 July 2017 which was delayed till August 2017.

However, you can get the complete updates about the balloting direct from the DHA Peshawar official website.

For further updates about DHA Peshawar stay tuned to the latest updates issued at our Real Estate Blog.

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