The provincial capital of Punjab — Lahore — is home to numerous culturally-diverse people, hailing from all across the country. The city’s vibe beautifully blends with its prideful heritage and lively people. Also known as the “city of gardens” owing to its numerous lush green parks and sand gardens, dwellers of Lahore have an innate ability to enjoy life to the fullest. A number of festivals are organised annually, including the famous Data Darbar Mela. Moreover, the residents of Lahore are also known for their love of food — be it desi or international. To truly understand this, one must visit the famous ‘Food Street’, which is located near the Badshahi mosque.
Lahore attracts a plethora of visitors because of its rich architectural and historical significance. It features countless lifestyle and entertainment facilities including huge malls, restaurants, cinemas, sports complexes, and community clubs. You can easily find a suitable area to reside in the city — as per your budget and requirements. Housing societies on Raiwind Road, a major artery of the city, are gaining immense popularity owing to their intelligently-planned road networks and peaceful living environment.
Properties in Lahore have recently witnessed the fast-paced emergence of several housing projects, which are offering residential units of various sizes to facilitate buyers from all walks of life. From affordable to expensive, Lahore has numerous real estate options for you to explore from! Some prominent housing schemes of Lahore include Al Raheem Garden, Ali Town, Bahria Town, Defence Housing Authority (DHA), Gulberg, Cantt, and many more. It is pertinent to mention here that Bahria Town and DHA are among the poshest areas of the city, featuring ultra-modern infrastructural development and lush green spaces.
Housing Societies in Lahore
The aforementioned residential societies offer a plethora of residential plots, developer-built houses, and commercial properties for sale in Lahore. Defence Housing Authority (DHA) is known for providing its residents with countless facilities, amenities, and a luxurious lifestyle. Investing in properties for sale in DHA Lahore is a brilliant option as the real estate value here almost never sees a decline. Additionally, this housing society further enables you to experience a complete lifestyle with all necessary amenities.
Bahria Town, another well-planned housing society of the city, offers several options of residential units that can fit in anyone’s budget. The housing society provides its residents with world-class facilities including CCTV cameras installed in every block, lush green parks, fully-equipped commercial zones, and 27/7 gas water, and electricity supply.
The development of new residential societies in Lahore is ongoing at a rapid pace, owing to the increase in demand for housing units. Investing in newly developed housing societies in Lahore will guarantee a high return on your investment (ROI) in a short span of time. It is pertinent to understand the buying trend of residential and commercial properties in Lahore. The city saw an exponential increase in its population which in turn increased the demand for more residential units.
Ideally located near Kalma Flyover and Ferozepur Road, Model Town had its foundation laid back in 1923. It now features night-lit jogging tracks, community centers, mosques, and several commercial areas. The housing project offers high-end commercial and residential properties available for sale. Residential units available for sale here include 5 Marla. 10 Marla, 1 Kanal, and 2 Kanal houses while studio and 1 to 3-bedroom luxury flats are also readily available.
Apartments in Lahore
Numerous residential units in Gulberg are now being utilised as commercial properties. This trend has inspired residents to buy residential units further away from the hustle and bustle of the main city centers. The recent development of several major arteries such as Lahore Ring Road (LRR) has solved the problem of commuting to the central areas of Lahore. Those seeking an experience of a complete and peaceful lifestyle can aim for a luxury flat in a recently developed high-rise apartment complex.
There has been a recent shift in the real estate trend in the city from land plots to high-rise buildings. The ongoing development of high-rise commercial buildings and apartment complexes is due to the exponential increase in the population of Lahore. For those seeking a hassle and maintenance-free residential unit, buying or renting an apartment is a brilliant option. These apartment complexes feature sufficient parking spaces, high measures of security, gymnasiums, restaurants, and swimming pools.
Best Real Estate Investments in Lahore
Those seeking to earn long-term profits can invest in commercial properties in newly developed housing projects. Investing in numerous plot files in housing societies that are undergoing development will provide you with a high return on your investment (ROIs) as soon as balloting of plot files takes place. Lahore hosts all fathomable amenities and lifestyle facilities one can seek. Buying or renting a house almost anywhere in the city guarantees a complete and convenient lifestyle. In a nutshell, investing in properties in Lahore is ideal for lucrative returns and also for obtaining your dream abode.