Overview of Bahria Town Lahore
Bahria Town Lahore is perhaps the first ever residential project to have given the city a good south western expansion. When launched in 1996, reaching here seemed like travelling to another city, however, since long term investments and sustainable developments are planned way ahead of time, only time can unfold their real potential and actual functionality.
Today, the peaceful and quiet Bahria Town, nestled in the outskirts of Lahore, away from city’s noise and pollution, is taken as the ultimate place meant for everyone who wants a peace of mind. After seeing the enviable lifestyle Bahria Town Lahore offers to its dweller, we are now in a position to best appreciate its brilliantly chosen location.
Over the course of past one and a half decade, Bahria Town Lahore has expanded massively and the process is still on. The most appreciable trait of Bahria Town’s project is that the development focuses on just not the elite but also the middle class, which explains why the demand of these plots is so high among buyers and investors.
As compared to some of the most posh areas of the city, value of plots in Bahria Town Lahore is less. At the same time, the locality offers the lifestyle facilities and community standards that are still unknown for the dwellers of some of Lahore’s most posh residential areas. In addition to that, Bahria Town is developed to give its dwellers a beautifully manicured and exceptionally well kept and green environment, which is again something absent in many upscale housing societies of Lahore.
Bahria Town Lahore is not just one locality but one big development comprising of a number of residential as well as commercial and corporate projects. Most of its housing projects are located along Ferozpur Road, Raiwind Road and Multan Road. With extension of existing road infrastructure in Lahore, these Bahria Town societies are at the max 30 minutes drive away from city’s central locations. Included in these residential projects are Awami Villas, Overseas Enclave, Safari Villas, Executive Lodges, Bahria Education and Medical City and Bahria Homes.
Development work in most of the above mentioned societies have been completed and plots here have been handed over. The completed villa and housing projects are aboded by various families, while the projects under development are currently acting as the hot trading grounds for real estate investors. With such impressive pace of development, it looks that all projects of Bahria Town Lahore will soon be completed, leaving the investors with only option to invest/indulge in sale purchase of constructed houses. Until that happens, Bahria Town Lahore plots are no less than a very highly promising investment.
According to Zameen.com’s study, prices of 10 Marla and I Kanal plots in Bahria Town Lahore has increased about 197% and 181% respectively between January 2011 and January 2014. When compared with rates of residential plots in Lahore’s posh most residential areas, average sale price Bahria Town residential plots is almost the half, which simply says that these plots have a margin to grow another 50%. Will Bahria Town plots fill this gap by the end of this year? We will keep you posted on that. One more important thing, almost 200% growth in 4 years means 50% growth each year.
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