Owing to the growing popularity of luxury apartments in Lahore, vertical living is quickly becoming a preferred option among the residents of the city. While there are quite a few such projects currently being developed in the ‘City of Gardens,’ Downtown Mall & Residences definitely stands out as one of the most prominent projects in the bustling metropolis.
Slated to become one of the tallest skyscrapers in Lahore, Downtown Mall & Residences is a project of Mukhtar Group of Companies and AFA Properties. It comprises an extravagant multi-purpose tower offering a stunning view of the historic city along with world-class facilities and amenities.
Here’s what you need to know about Downtown Mall and Residences – a noteworthy addition to Lahore’s thriving real estate market.
Downtown Mall & Residences, Lahore – An Overview
Located in Gulberg, one of the most popular areas to buy property in Lahore, Downtown Mall and Residences is a 21-storey multi-purpose complex boasting fully furnished luxury apartments as well as shops, restaurants, cinema, fitness centre, parking area and much more.
The 210-feet tall high-rise, which is currently under construction, comprises four dedicated floors for car parking while five floors have been designated for commercial and mixed-use. Meanwhile, the remaining 12 floors will feature high-end residential units including 1-bed, 2-bed, 2-bed and 4-bed apartments along with penthouses.
The lavish project is designed with the sole aim to provide the latest facilities and top-notch amenities to its residents, which would ensure a luxurious and quality lifestyle.
Location of Downtown Mall & Residences, Lahore
Address: 134-E/1 Gulberg-III, Lahore.
The prime location of Downtown Mall and Residences is one of its most alluring features. Located in Gulberg III near Liberty Roundabout, which is considered the heart of Lahore, this residential and commercial complex is being developed on an exclusive corner plot overseeing one of the most active commercial and social hubs of the city. The popular Liberty Market is also situated at a short walking distance from the residential tower.
Those living in Downtown Mall & Residences will enjoy easy access to a number of important landmarks in Lahore. The Lahore Cantt Railway Station is located at a 10-minute drive from the project while the Allama Iqbal International Airport is an approximately 30-minute drive away.
Here are some other important places located in the vicinity of this state-of-the-art complex.
- Monal Lahore: 6-minute walk
- Hyde Park: 7-minute walking distance
- Liberty Market: 10-minute walking distance
- Nishtar Park Sports Complex: 3-minute drive
- Gaddafi Stadium: 3-minute drive
- United Christian Hospital: 5-minute drive
- MM Alam Road: 5-minute drive
- Jam-e-Shirin Park: 8-minute drive
Given its central location, the residents of Downtown Mall and Residences will enjoy easy access to other parts of the city through a well-planned network of roads and underpasses.
Main Features of Downtown Mall & Residences, Lahore
Wondering what sets Downtown Mall & Residences apart from numerous other projects in Lahore? Well, for starters, it appears to checks all the boxes when it comes to luxury living, making it a top contender for the title of a perfect dream home.
Apart from being located at a prime spot in one of the biggest cities of Pakistan, this high-rise building features a range of spacious and elegantly furnished lavish apartments with terrace and balconies, covered car parking area, concierge facility, roof-top and fine-dining restaurants along with an around-the-clock supply of electricity, water and gas. It also has 24/7-electricity backup.
Other prominent features of Downtown Mall & Residences include separate cargo elevators along with the regular ones, in-house gymnasium and sauna, swimming pool, internet and cable network valet parking, CCTV surveillance system and a designated security team. The state-of-the-art project also boasts a grand lobby and an earthquake-resistant structure.
Furthermore, the residential complex promises high-quality interior finishing with granite and porcelain tiles, ash and oak wood doors, windows with three-track glazed shutters and built-in freezers and ovens.
Facilities at Downtown Mall & Residences, Lahore
Let’s take a look at some of the facilities that ensure a high standard of living at Downtown Mall and Residences:
- Four-floor covered car parking for residents and guests
- Centrally air-conditioned building
- Apartments offering views of Qaddafi Stadium, Liberty Roundabout and Main Gulberg Boulevard
- Availability of civic amenities
- Back-up generators
- Separate passenger and service elevators
- Elegant interior with granite and porcelain flooring and kitchen countertops
- Sophisticated and modern furniture
- Dry cleaning facility
- Business centre
- Cable TV and internet broadband connection
- Easy access to important landmarks
- A number of schools, hospitals, restaurants and parks located close by
Types of Flats in Downtown Mall & Residences, Lahore
For those planning to buy property in Downtown Mall & Residences, these are the types of residential units available for sale.
- 1-bedroom suites and deluxe apartments
- 2-bedroom apartments
- 3-bedroom apartments
- 4-bedroom apartment
Let’s take a look at the layout of these luxury flats.
1-Bedroom Suites and Deluxe Apartments
The 1-bed suites in Downtown Mall & Residences cover an area of 465 sq ft. The layout of these flats includes a bedroom, bathroom, balcony, open kitchen and living room area.
Meanwhile, the deluxe 1-bedroom apartments for sale in Lahore’s Downtown Mall & Residences are spread over an area of 600 sq ft. Among other amenities, these units feature a bedroom, bathroom, balcony and open kitchen along with dining and living areas.
The price of these flats ranges between PKR 1.16 and 1.65 crore, depending on the floor and view. These flats are located between 6th and 15th floor.
The 2-bedroom flats for sale in Downtown Mall & Residences have the area size of 960 sq ft. They include two bedrooms, two attached bathrooms, two balconies, living room area and an open kitchen along with other amenities. These fully furnished apartments are priced at PKR 2.4 crore and are situated between 6th and 11th floor.
The well-furnished 3-bedroom apartments in Downtown Mall & Residences cover an area of 1900 sq ft. The layout for these lavish residential units features three bedrooms, three bathrooms, kitchen, drawing room, living area, dining area and balconies among other amenities.
These flats are located on the 12th floor of the high-rise and cost PKR 4.75 crore.
Perfect accommodation for bigger families, the 4-bedroom flats in Downtown Mall & Residences are 3800 sq ft in size. The floor plan for these spacious and elegantly furnished units includes four bedrooms, four bathrooms, a drawing-room, powder room, living room, dining hall, balconies and kitchen among other features.
These units are priced at PKR 9.5 crore and are situated on the 15th floor of the residential tower.
It is important to note the entire 16th floor of Downtown Mall & Residences is dedicated to a penthouse.
Downtown Mall & Residences Development Status
According to the builders of the project, the development work at Downtown Mall & Residences will be completed at the beginning of 2020. You can contact the developers for more information on the topic.
Downtown Mall & Residences Payment Plan
Investors can buy flats in Downtown Mall & Residences on easy instalments of 30 months.
Buyers will have to pay 5 percent of the total price as down payment at the time of booking. The second instalment of 5 percent is to be paid within 30 days of booking while the third instalment of 5 percent will be submitted in 60 days. Then, they can simply pay an instalment of 2 percent for the next 30 months. Investors will also be required to pay 25 percent on the completion of these apartments for sale in Gulberg, Lahore.
For those interested in buying flats in Lahore, please note that these residential units are selling out at a rapid pace. You can visit Zameen.com – the top real estate portal in Pakistan – in order to book a flat.
About the Developers
Contact: 0323-5000500, 0323-7000700
The Mukhtar Group of Companies is a well-known name in the commercial, industrial and property sectors of Pakistan. Although the company had been active in Karachi – the biggest and most populous city in the country – for years, it has now ventured into Lahore’s real estate market with this luxurious project.
AFA Properties and Developers, which was founded in 2009, is yet another renowned name in the world of real estate with malls, office buildings and high-end residential projects under their belt.
It is also important to mention that all of the apartments have been furnished by Wing Chair Luxury Group.
If you are planning to buy real estate in Lahore but aren’t sure which area might be the best for an investment, don’t forget to take a look at our H1 2019 Property Market Report for the City of Gardens to see which housing societies attracted the most buyers during the first six months of the year.
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