Lahore, being the provincial capital of Punjab, and the oldest among the three major metropolises of Pakistan, has a rich history when it comes to homes and living in the city. No one can quite pinpoint the origin of the city, but it dates back to ancient times, with the Walled City being one of the remnants of the rich cultural history of Lahore. It is the second most populous city of Pakistan, with around 11.13 million people, as per 2017 statistics. In addition, being the abode of generations since ancient times, houses in Lahore come in limitless sizes and styles, with Lahore real estate market being quite diverse with a large amount of property options available to fit all budgets. Due to its influx of population over the years, Lahore’s boundaries have spread on all sides, with the older localities such as Gulberg and Model Town being supplemented by newer societies like Bahria Town and Askari XI, when it comes to buying a house for sale in Lahore.
Types of Houses for Sale in Lahore
Due to the vast area of the city and the extent to which it has grown over the years, you will find great diversity in each house for sale in Lahore. A mixture of older and newer localities gather the most interest for people wanting to buy a house in Lahore. The top localities for buying homes in Lahore are DHA, Bahria Town, Johar Town, Askari, and Wapda Town. A house for sale in Lahore in any of these areas usually comes in the standard sizes of 5-Marla, 10-marla, 1-Kanal, and 2-Kanal. Localities will offer a number of other property options as well, but these standard cuttings are the norm in the property market of Lahore. You can find apartments as small as a quarter of a marla to homes as large as 15 Kanal, which are usually built on farmhouse plots or by combining multiple standard plots if the relevant locality permits such a practice.
One can find all types of houses in Lahore according to their needs. Whatever your functional and budgetary requirement are, and whatever your aesthetic preference, you can find a house available for sale. The city has small apartments and traditionally designed homes, as well as homes following the latest trends in architecture. If you go to the older areas of the city, you will find the classic ‘havelis’, and if you check out places like DHA and Bahria Town, you’ll see contemporary European architecture when to comes to a house for sale in Lahore.
Sale Price Trend for Houses in Lahore
As is the case with the variety of sizes and types of houses in Lahore, Lahore house sale price is also highly variable. Buying a house for sale in Lahore means that you have thousands of size and pricing options to consider. The rates depend on the size of the house, the location, the materials used, and on the condition it is in. The cost of a small studio or 1-bedroom apartment can start from as low as PKR 1,200,000. However, with the myriad of unique imported materials being used and large mansions being offered in some areas, prices can go as high as PKR 800,000,000 and in very rare cases, even PKR 1,000,000,000 and above. However, these higher prices are for luxury mansions built over large tracts of land, with landscaped lawns and imported construction and finishing materials. The maximum price of a house for sale in Lahore will not go above PKR 200,000,000 in regards of the size and style.
Facilities, Shopping & Restaurants in Lahore
Lahore is a city which attracts people from all over the country and even attracts foreign tourists with the many facilities and the rich culture it has to offer. It is known as the city of gardens for a very legitimate reason. Throughout the city, you will see a lot of greenery, even when its interspersed with rapid infrastructural development. It is also full of public parks such as Bagh-e-Jinnah and the Shalimar Gardens, both historically significant in their own ways. Other recreational avenues are provided by the myriad of historical monuments such as the Minar-e-Pakistan, Badshahi Mosque, Wazir Khan Mosque, and the Lahore Fort. For more modern tastes, the past few years have brought the trend of malls like Emporium in Johar Town and Packages Mall on Walton Road as a combination of shopping, dining, and recreation.
As for basic facilities, there are markets for all kinds of requirements in the city. Whether you want to go for high-end options or for wholesale markets, you will be spoiled for choice. Wherever you find a Lahore house for sale, you will find a well-stocked market nearby. Another thing the city is well-known for is its love for food. You can find eateries of all kinds, from local corner tea shops, to high-end contemporary Japanese fusion cuisine. Two streets, polar opposites of each other, are known as the food streets of Lahore. These are MM Alam Road for modern fine dining, and the Fort Road food street for traditional Pakistani food with a view of the gorgeous Walled City. As for education and healthcare, people from all over the country come to Lahore as it has the premier healthcare and educational institutions in Pakistan. The top names in education, such as LGS, LUMS, LSE, Aitchison, Beaconhouse, GCU, and FCCU are all in Lahore. Similarly, the top hospitals in the country, such as Shaukat Khanum, and Hameed Latif etc are also in this city. So, buying a house for sale in Lahore means that you can enjoy a number of shopping, dining, recreational, and educational facilities.