1 Shops for Sale in Paragon City

Lahore is the second most populous city of Pakistan and the largest city of Punjab, with a population of over 11 million, according to the 2017 census. The city is widely seen as a cultural hub in the region, comprising a plethora of historical sites and monuments. Lahore Fort, Badshahi Masjid are some notable examples in this regard.

Lahore has seen many infrastructural developments in recent years such as the Ring Road, Metro Bus and Orange Line projects. Real estate in Lahore, especially the sale of commercial properties, has also witnessed a boom over the past couple of years.

Paragon City, for instance, is quite popular among buyers of commercial properties in the city. The society has a specific number of plots dedicated to residential and commercial units. Therefore, investors will come across a variety of choices while looking to buy a shop in Paragon City.

Types of Shops in Paragon City

There are different types of shops available in Paragon City. Places like Imperial Mall and Pearl Cinepax Mall provide a premium shopping experience to the people living in and around the area. The types of shops located outside and inside these malls vary according to the size and location in the building. On every floor, there is a dedicated space for retail outlets/stores. 0.5 marla shops, in particular, are in high demand in Paragon City. For those looking at buying a bigger space, there are more commercial properties available in Paragon City.

Sale Price Trends for Shops in Paragon City

People who are willing to buy shops in this part of the city usually look for a 0.5 marla shop. These types of shops are normally located on ground floors with a starting price of around PKR 53,00,000. However, if you have more inventory to put on display, then you must go for a bigger option, such as a 4.4 marla unit usually found on the lower ground floor of a shopping mall with a price tag of around PKR 4,00,00,000. Shops that are over 13 marla in the area are also available for a whopping PKR 10,00,00,00. These are mostly located on the upper floors of shopping plazas like Imperial and Pearl Cinepax Malls.

Facilities & Security in Paragon City

Paragon City is a well-planned neighbourhood that has almost all the amenities required for a comfortable lifestyle. Keeping up with modern standards, society has been equipped with facilities like underground electric lines and proper gas supply. It also has lush green parks, in case you want to spend a day out enjoying with your family. Paragon City also provides a secure environment to its residents as well as businessmen. It is located at a 2-minute drive from the airport and Abdullah Gul Interchange. There are also other famous areas nearby such as Askari X, DHA Phase VIII and Green City.

Shopping & Restaurant in Paragon City

Almost all the plots in this society have been planned out near medical stores, bakeries, shopping malls and plazas. This, of course, adds to the value of commercial property located in Paragon City. Most of these shopping centres are also equipped with plenty of parking space for shoppers. Local eateries like Aroma Grill, Zakir Tikka and Dervish – The Food Souq are also situated in the vicinity.

Reasons for Investing in Paragon City

Like any other newly constructed housing scheme, there are many multi-storey shopping malls and plazas in Paragon City. It is one of those advanced neighbourhoods where everything has already been carefully mapped out and the land for commercial centres in the area has been specified. The state-of-the-art lifestyle, secure environment and various other facilities encourage investors from across the city to buy shops here. You can then either set up your own business in these stores or rent them out. In either case, a high ROI is guaranteed.