{"id":29906,"date":"2017-11-21T12:30:30","date_gmt":"2017-11-21T07:30:30","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=29906"},"modified":"2019-05-20T04:39:01","modified_gmt":"2019-05-20T04:39:01","slug":"our-top-picks-for-property-under-pkr-5-million-in-lahore","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/our-top-picks-for-property-under-pkr-5-million-in-lahore.html","title":{"rendered":"Our top picks for property under PKR 5 million in Lahore"},"content":{"rendered":"

When investing in property, return on investment is an essential factor for all investors, along with their personal budget. Luckily for some, stable property market conditions have kept prices from going up at unrealistic rates, leaving many fine options for people looking to make medium to long-term investments. But what are these options? Let\u2019s find out!<\/p>\n

If you have PKR 5 million to invest and need to know some of the best options in Lahore, read on!<\/p>\n

Defence Housing Authority (DHA), Lahore<\/strong><\/p>\n

In this society, buyers can only find suitable options in Phase VIII Ivy Green. Rates here are lower essentially because development work is underway in alls it subsectors i.e., Blocks Z-I, Z-II, Z-III, Z-IV, Z-V, and Z-VI. Among these six sub sectors, only Z-III, Z-IV, Z-V, and Z-VII have five marla options. According to Imran Shabir of Richmore Real Estate, development work in Ivy Green may take at least two more years to complete. Here are the rates.<\/p>\n\n\n\n\n
Plot size<\/strong><\/td>\nPrice Range<\/strong><\/td>\n<\/tr>\n
5-Marla<\/td>\nPKR 3,200,000 – PKR 4,400,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Golf View Residencia <\/strong><\/p>\n

Development work here started just recently. Atiq-ur-Rehman of Unique Associates said that the developer may grant property possession in the first quarter of 2018; to read more about it, check out our latest update on Golf View Residencia<\/a>.<\/p>\n

In this budget, you can buy a 10-marla residential plot in Golf View Residencia Phase II which is located a little away from the society\u2019s main entrance on Raiwind Road. Here is the price range:<\/p>\n\n\n\n\n
Plot size<\/strong><\/td>\nPrice Range<\/strong><\/td>\n<\/tr>\n
10-Marla<\/td>\nPKR 4,800,000 – PKR 5,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Paragon City<\/strong><\/p>\n

Property rates have been escalating constantly here because of demand among genuine buyers. According to Abu Bakar Zafar of AB Estate & Builders, interested buyers can find a 5-marla residential plot, for which possession is yet to be granted. These blocks include undeveloped parts of Orchard Green and Woods. Here are the rates:<\/p>\n\n\n\n\n\n
Blocks<\/strong><\/td>\nPlot size<\/strong><\/td>\nPrice Range<\/strong><\/td>\n<\/tr>\n
Orchard Greens<\/td>\n5-Marla<\/td>\nPKR 3,800,000 – PKR 4,500,000<\/td>\n<\/tr>\n
Woods<\/td>\n5-Marla<\/td>\nPKR 3,500,000 – PKR 4,200,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Lake City<\/strong><\/p>\n

It is also a decent option to consider because possession for 5-marla residential plots in Block M-7 is available, according to Nasir Malik of NM Associates. You must also check out our latest update on Lake City Lahore<\/a>.<\/p>\n

Those looking for better gains in due time can also opt for 5-marla plots in Blocks M-8\/A1 and M-8\/A2 because the market rate of plots in these blocks is lower since the developer will take one more year to grant property possession, according to Malik. Here is the price range:<\/p>\n\n\n\n\n\n
Blocks<\/strong><\/td>\nPlot size<\/strong><\/td>\nPrice Range<\/strong><\/td>\n<\/tr>\n
M-1<\/td>\n5-Marla<\/td>\nPKR 4,500,000 – PKR 5,000,000<\/td>\n<\/tr>\n
M-8\/A1, M-8\/A2<\/td>\n5-Marla<\/td>\nPKR 4,000,000 – PKR 4,500,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

DHA Rahbar Phase II<\/strong><\/p>\n

It is believed to be the best option for both genuine buyers and investors not only because property possession is available in all its blocks, but also because these blocks are greeting new residents, Farhan Mir of SA Associates elaborated. Being a DHA project, the buyers looking to opt for safe and rewarding options find the plots on offer appropriate for their respective needs, Mir added.<\/p>\n\n\n\n\n
Plot size<\/strong><\/td>\nAverage Price<\/strong><\/td>\n<\/tr>\n
5-Marla<\/td>\nPKR 4,900,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Did you find this article helpful? Let us know through your comments. You can also talk to Zameen Forum\u2019s property gurus about the most suitable option in Lahore to invest PKR 5 million by engaging them in a new discussion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

When investing in property, return on investment is an essential factor for all investors, along with their personal budget. Luckily for some, stable property market conditions have kept prices from going up at unrealistic rates, leaving many fine options for people looking to make medium to long-term investments. But what are these options? Let\u2019s find out! If you have PKR 5 million to invest and need to know some of the best options in Lahore, read on! Defence Housing Authority (DHA), Lahore In this society, buyers can only find suitable options in Phase VIII Ivy Green. Rates here are lower essentially because development work is underway in alls it subsectors i.e., Blocks Z-I, Z-II, Z-III, Z-IV, Z-V, and Z-VI. Among these six sub sectors, only Z-III, Z-IV, Z-V, and Z-VII have five marla options. According to Imran Shabir of Richmore Real Estate, development work in Ivy Green may take at least two more years to complete. Here are the rates. Plot size Price Range 5-Marla PKR 3,200,000 – PKR 4,400,000 Golf View Residencia Development work here started just recently. Atiq-ur-Rehman of Unique Associates said that the developer may grant property possession in the first quarter of 2018; to read more…<\/p>\n","protected":false},"author":18,"featured_media":27561,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11051],"tags":[4631],"persona":[],"class_list":{"0":"post-29906","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-property","8":"tag-best-places-to-buy-property-in-lahore","9":"cat-11051-id"},"acf":[],"yoast_head":"\nOur top picks for property under PKR 5 million in Lahore<\/title>\n<meta name=\"description\" content=\"When investing in property, return on investment is an essential factor for all investors, along with their personal budget. 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