Lahore, the heart of the province of Punjab, is famous for a number of reasons, including the city’s rich street food, fascinating history and cultural heritage. The demand for flats, especially, in the Lahore's real estate sector, has always been high as the city is one of the most populous urban centres in the country. Located along Canal Road, Johar Town is one of the most developed and densely populated residential communities of Lahore. The properties in Johar Town are ideal for investors and homebuyers due to the area’s connectivity to important routes like Motorway Interchange and Multan GT Road.
Johar Town is a famous housing community that is divided into two phases. It’s a fully developed, well-planned community with exceptionally built apartment complexes. The community offers multi-purpose flats, which can either be used for residential purposes or can be utilized as commercial property. One can find multiples apartments based on the required number of bedrooms. There is a 1-bed apartment for individuals, whereas a couple can opt for a more spacious 2-bed flat. Similarly, a small family can buy a flat in Johar Town with 3-4 bedrooms. Each apartment comes with an open kitchen and a common drawing/dining area. Bedrooms are provided with attached baths. Apartments are provided with well-maintained elevators, electricity, gas, water and proper sewerage system.
Buying a flat in Johar Town is a perfect choice, as it offers a complete chic urban lifestyle. Being a well-planned posh community, having all the essentials of life, the prices of flats are a bit higher than other societies of the city. In general, the buying prices of apartments in this community starts from PKR 14 lakh and ends up to PKR 60 lakh.
The price of an apartment in the area depends upon your choice of the number of beds, location, and nearby areas. For instance, the sale price of a 1-bedroom flat in Johar Town starts from 14 lakh and can go as high as PKR 60 lakh while a 2-bedroom apartment can be found in the range of PKR 35 lakh to PKR 60 lakh. Similarly, the prices of flats tend to increase with the increase in the number of beds.
The community is home to some of the best healthcare institutes including Shaukat Khanum Memorial Cancer Hospital, Doctors Hospital, and Jinnah Hospital etc. all of these are considered as world-class hospitals and providing high-quality medical services at hand. Besides, it also houses some of the best educational institutions like The City School, Lahore Grammar School, Beaconhouse School, FAST National University, Allama Iqbal Medical College and a lot more.
Johar Town is an upscale neighbourhood where the administration has provided a number of spaces for leisure and entertainment. There are beautiful green parks where you can peacefully take a morning stroll or go for an evening walk. There’s also Expo Center where high-end fashion events such as PFDC Fashion Week, Conferences and Film Festivals are held. Since a number of international events are frequently organized here, the society provides tight security in the area.
Johar Town has a number of commercial buildings, boutiques, malls, banks, cafes, restaurants, and fast food chains. It also houses franchises of international food joints like McDonald's, Pizza Hut, KFC, Dunkin Donuts etc. Moreover, some of the best eateries of the city such as Saffron, Caspian Sea, and Bon Fire etc. are also situated in the community. The sector is also home to Lahore’s biggest shopping mall – The Emporium Mall. It has more than 200 retail outlets, both international and local brands. Hyperstar is also located inside the mall to fulfil all your grocery needs.
Johar Town enjoys immense popularity among homebuyers due to its prime location. Since it is situated adjacent to Canal Road, it provides easy commute options to its residents. The area is calm and serene, best suited for people who don’t like living in noisy neighbourhoods. Another major benefit of living in Johar Town is proximity to some of the best educational institutions in the city. As is the case with the property market in Pakistan, the more commercial an area becomes, the more expensive it gets. Since Johar Town is home to Expo Centre and the famous Emporium Mall, property prices here are expected to increase with time. Therefore, if you are planning to invest here, then rest assured you will receive a high ROI as prices are expected to rise even more in the future.