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

Ferozpur-Road-Lahore
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.

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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