Bismillah Housing Scheme Lahore has some exciting news on offer for both genuine buyers and investors. The society, according to several insiders, is expected to get gas supply within a short span of time. There’s no word yet on the official date, but some real estate agents see this happening by the end of this year.
This is a major development, as people prefer to buy plots in schemes with active gas connections. At the moment, Bismillah Developers are working hard on installing gas pipelines in the project.
The society – in only a short period – has risen rank itself among the most prestigious housing schemes in the city. And the developers, by all accounts, really have managed to raise the bar for other schemes.
Over the years, many gated communities have emerged in areas around Bata Pur and Jallo. These residential projects mostly cater to the city’s middle-income groups, with Bismillah Housing Scheme Lahore being one amongst them.
The society is located only seven minutes away (by car) from the Lahore Ring Road, and is situated on the GT Road near Manawa Police Training Centre. Check out the Bismillah Housing Scheme Lahore location below:
After studying this resource, you’ll notice that Bismillah Housing Scheme Lahore’s location is prime. During the initial project planning stage, one reason behind this motivation was that the area near the GT Road was expected to witness a population boom. Something that has indeed happened.
You can always have a look at the detailed Bismillah Housing Scheme Lahore map on Zameen.com’s New Project Section. By looking at Bismillah Housing Scheme Lahore map, you will be able to pick the right plot for your related investment needs.
Blocks and possession
Property gurus are of the view that the recent real estate slump witnessed across the country has had little effect on the society. Plot prices here, as such, have remained in a stayed condition for some time. This trend, however, has started to shift in the past few weeks, with a surge in plot prices. From an investor’s point of view, this development is a positive indicator.
According to Mian Rana Manzoor of Noor Estate, Bismillah Housing Scheme Lahore plot prices have grown several fold. A 3-marla residential plot used to cost around PKR 200,000 per-marla a few years ago. Now, the per marla price of a residential plot in developed blocks is approximately PKR 900,000.
You can visit our listing pages for plots for sale in Bismillah Housing Scheme Lahore to check the latest rates
Buyers have the option to choose from 3-marla, 5-marla, 8-marla, 10-marla, and 1-kanal residential plots. For businessmen, the scheme offers commercial plots measuring up to 4-marla in size. Aspirants can buy their desired properties through cash payments.
The plots come with sophisticated electrification and sewerage systems, with all of these facilities being top-notch.
Where to invest?
When considered as a whole, the society offers attractive investment opportunities for investors. The per-marla price in Block C ranges between PKR 750,000 and PKR 900,000. Prices of residential plots in developing blocks begin from approximately PKR 500,000.
Zaman Rasool says that Ali, Bismillah Housing Scheme Lahore blocks Hussain, Bilal, Usman, Qadeer, and Huraira present attractive options for long-term investments. He says that investors can expect promising returns in only a few years’ time.
Furthermore, property agents anticipate a general leap in prices as development work comes to a close. Yasir Shareef of Awan Real Estate expects prices to go up by PKR 80,000 per-marla.
Meanwhile, for short-term investments, property experts recommend Bismillah Housing Scheme blocks Bilal, Haider and Jinnah. And for the most part, one can also expect a good rental yield in the scheme.
Bismillah Housing Scheme Lahore payment plan
Currently, there is no set payment plan available for the scheme. All residential and commercial properties in this locality, which come with a varied pricing structure, are available on cash payments.
Similarly, commercial properties in the project range between PKR 10 million and PKR 17.5 million.
The current property price ranges are listed as follows:
|Plot size (in marla)||Price per marla (in PKR)|
|3 marla||800,000 – 1,000,000|
|5 marla||750,000 – 900,000|
|7 marla||650,000 – 750,000|
|10 marla||450,000 – 800,000|
|20 marla||450,000 – 650,000|
So, are you looking to invest in this society? Do you have any more queries that need answering? You can discuss them with us in the comments section below. Alternatively, you can always head over to our Zameen Forum for a detailed engagement on the topic.