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Buying a Plot in Faisalabad

Previously known as Lyallpur, Faisalabad is the third largest city of Pakistan, in terms of population. It comprises a huge chunk of the country’s textile export. From unique fabrics to profitable land, this city offers a variety of business and investment opportunities. Meanwhile, the real estate market here is thriving. So, if you are planning to buy a plot for building a house or just for the sake of investment, Faisalabad should be among your top choices of cities in the country.

The progress in this area’s property market has not gone unnoticed when it comes to foreign investors. UAE construction company, Emaar, for instance, is planning to launch a project in the city soon. It appears that land here is about to get much greater value in near future.

Types of Plots in Faisalabad

The city is mainly divided into residential and agricultural land. You can easily find smaller units of 3-4 marla in relatively affordable areas. However, 5 marla plots for sale are the most common area size present in Faisalabad.

Buying 10 Marla plots in Faisalabad is also quite easy as these are readily available and this measurement of land is considered to be the most ideal to build a spacious home. You can also invest in 1 Kanal plot but it would require a flexible budget as this area size is usually quite expensive no matter which location of Faisalabad you will choose.

The area that offers the highest number of residential plots in the Faisalabad district is Wapda City. This scheme was recently developed, which is why it’s quite well-planned. The society is basically divided into several blocks for better navigation. The plots here range between 5 Marla and 2 Kanal. Citi Housing Society is another residential scheme in Faisalabad where you’ll find plenty of options as far as plots investment is concerned. The areas available here are almost the same as Wapda City. Apart from these two housing societies, Satiana Road, Eden Valley, FDA City, Samundari Road and Four Seasons Housing are a few other areas to invest in.

Sale Price Trend for Plots in Faisalabad

There are a number of factors that significantly affect plot prices in different parts of the city. However, the location of a unit is the most important factor of all. Nowadays, housing societies offer buyers the option to invest in property while it’s under construction. However, if you plan to build a house immediately after buying land, then it’s better to select an area that’s fully developed, so as to avoid inconvenience in the future.

For 5 marla plots, the price can be anywhere between PKR 7 and PKR 26.5 lakh. 10 marla starts at PKR 12 lakh in areas like FDA City and gets more expensive, around PKR 55 to 57 lakh, in localities like Tech Town and Wapda City. 1 kanal plots in Faisalabad can cost buyers between PKR 27 lakh and PKR 1.45 crore.

Schools, Universities & Hospitals in Faisalabad

Faisalabad has earned a rather unfair reputation as a small city. When it comes to education, the city has a number of top-notch schools and colleges, just like any other metropolis of Pakistan. Faisalabad Agriculture University, in this regard, tops this list. Other names include GC University, National Textile University, University of Faisalabad, and Riphah International University. Aziz Fatima Medical and Dental College and Independent Medical College offer courses for those who want to pursue a degree in medicine.

You can easily find good schools in all major localities of the city. Chiniot Islamia School, Faisalabad Grammar School, and The City School are some of the most reputed institutes. For your health concerns, you can visit Shifa International Hospital, which is considered to be among the best healthcare facilities in the country. Also, not a lot of people know but the largest children’s hospital in South Asia, called ‘Children Hospital and Institute of Child Health,’ is also located in Faisalabad.

For bookworms, and students who wish to do more than just sticking to the curriculum, there are two big, government-funded, libraries, namely Allama Iqbal Library and Municipal Corporation Public Library.

Facilities & Security in Faisalabad

The transport and road systems in Faisalabad are really affordable and efficient. Therefore, if you don’t own a car, you can always opt for public transport. Most of the trains pass by the city and Faisalabad International Airport makes air travel quite convenient for the residents. Water and Sanitation Agency (WASA) supplies water to the whole city, while the electricity supply is provided by Faisalabad Electric Supply Company (FESCO). For security, the city houses a District Police Station, which is interconnected to other local police stations. The law and order situation is mostly under control.

Shopping & Restaurants in Faisalabad

You can find a number of international food chains in Faisalabad. McDonald’s, Nando’s, and Domino’s are some of the most popular eateries in the city. However, the city is renowned for its street food. You can find a plethora of shops where you can enjoy gol gappay, dahi bale and samosas with chutney. If you’re a shopaholic, then you can visit the Grand Atrium Shopping Mall, the Boulevard Mall, Sitara Mall and Mall of Faisalabad, and find all your favourite brands under one roof. Local bazaars are also quite popular in case you need to shop for groceries and/or electronics. Makki cloth market is famous across the country for unstitched fabrics.

Reasons for Investing in Faisalabad

Be it an investment or a site for your dream home, you can easily buy a plot within your budget in this city. It's not just land, though. Property in Faisalabad, in general, is far more affordable than nearby cities like Rawalpindi, Islamabad and Lahore. Now that international giants like Emaar are also eyeing the site for real estate development, it appears that the market is about to get more profitable, for both investors and buyers.