Tucked away from the hustle and bustle of the sprawling metropolis, the picturesque surroundings and peaceful environment of Raiwind Road have made it the current hotspot for vertical residential developments in Lahore, resulting in the increased interest of genuine buyers and investors in the areas.
In recent years, many renowned builders and developers have launched their ultramodern projects on either side of Raiwind Road, completely transforming the landscape of the area. The rapidly evolving skyline of this popular neighbourhood is now dotted with a host of housing schemes and several high-rise buildings that are in various stages of development.
Let’s take a look at the factors that have made Raiwind Road the new epicentre of high-rise apartment projects and added to its popularity as one of the most popular neighbourhoods in Lahore.
Raiwind Road Becomes the Latest Hub for Vertical Developments in Lahore
The growing popularity of Raiwind Road among developers and investors in the city is no secret.
Located on the outskirts of Lahore, Raiwind Road connects a number of high-end housing societies such as Lake City, Bahria Town Lahore, Bahria Orchard and Fazaia Housing Scheme to the rest of the city through a wide network of important roads such as the Alternate Route to Ring Road, Lahore Ring Road, Defence Road and Khayaban-e-Jinnah. It also features a wide range of real estate projects targeting buyers from all income groups.
According to the user behaviour observed on Zameen.com, the leading real estate portal in Pakistan, Raiwind Road is currently the fifth most popular neighbourhood among people looking to purchase apartments in Lahore.
The area also boasts flatteringly green parks, spacious mosques, campuses of reputable educational institutes, well-equipped medical centres, commercial areas, recreational zones along with a host of other top-notch amenities and facilities required for a convenient and comfortable lifestyle. In addition, the area is undergoing infrastructure development at a rapid pace to keep up with its growing population.
The significance of Raiwind Road can be further gauged by the fact that after Gulberg, which is considered the epicentre of high-rise development in Lahore, most of the new and upcoming vertical residential projects in the city are located in this area. Some of the most prominent apartment communities in the highly sought-after neighbourhood include Lahore Fortress Apartment Homes, Signature by Icon, Al-Hayat Residencia, Icon Valley Phase II, Chen One Luxury Apartments and Zameen Opal.
What Do Properties on Raiwind Road Offer to Investors in Lahore?
Buying property on Raiwind Road can be a rather lucrative opportunity for those looking to maximize their investments and generate high capital gains in the short to medium term.
The data accumulated on Zameen.com indicates the demand for apartments on Raiwind Road witnessed a substantial spike of 117% between 2018 and 2020. In comparison, the demand for plots in the neighbourhood rose marginally by 47%, signifying a paradigm shift in the real estate investment trends from plots to high-rises.
It is also worth mentioning the overall value of the real estate on Raiwind Road climbed by 45% during the last three years. Moreover, property experts expect up to 80% capital gains in the area over the next four years.
These statistics highlight the growing importance of Raiwind Road in the real estate market of Lahore. The popularity of this road is bound to increase with the completion of state-of-the-art apartment complexes such as Al-Hayat Residencia, which is a groundbreaking real estate venture of Hayat Engineers & Developer (Pvt) promising a luxurious lifestyle to its residents.
Al-Hayat Residencia, Lahore – Perfect Location, Serene Lifestyle
The contemporary architecture, breathtaking façade, meticulous-planned layout and unparalleled features of Al-Hayat Residencia have cemented its position as one of the most highly anticipated apartment complexes in Lahore. Boasting six residential blocks and one commercial plaza, Al-Hayat Residencia provides buyers in Lahore with a golden opportunity to invest in 1-bed, 2-bed and 3-bed luxury apartments on an easy instalment plan spanning 48 months.
The large scale development also enjoys a prime location on the Safari Road (Wild Life Park Road) off the main Raiwind Road, which is about a 2-minute drive from the Lahore Ring Road, a 3-minute drive from the University of Lahore, and an 8-minute drive from Shaukat Khanum Cancer Memorial Hospital.
Furthermore, Al-Hayat Residencia comes equipped with all the latest amenities and facilities one can imagine. The upscale project features a highly advanced security system, e-card access to apartments, modern fire fighting system, designated parking space, backup power generators, central mosque, community centre, shopping mall, roof-top restaurant, fitness studio, in-house cinema, children’s play area and much more.
Al-Hayat Residencia has also been approved by the Metropolitan Corporation of Lahore and other concerned development authorities, ensuring its status as a reliable and trustworthy project.
To learn more about the investment prospects of Al-Hayat Residencia in Lahore, please check out our comprehensive guide on the topic.
To conclude, the strategic location and ever-increasing popularity of Raiwind Road has made it the centre of vertical residential developments in Lahore, catching the eye of domestic and overseas investors alike. If you are interested in becoming a part of the latest trend and make a profitable investment in the real estate market of Lahore, investing in Al-Hayat Residencia could be the right choice for you.
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