{"id":41086,"date":"2018-08-09T15:28:51","date_gmt":"2018-08-09T10:28:51","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=41086"},"modified":"2019-05-20T04:55:00","modified_gmt":"2019-05-20T04:55:00","slug":"the-lake-city-update-to-read-now","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html","title":{"rendered":"The Lake City update to read now"},"content":{"rendered":"

Lake City has been a prominent project in Lahore for some years now. Earlier, it was primarily because of its distance from the main city centre, however, as the new link from the Lahore Ring Road has opened, the project has emerged as an investment haven for most people.<\/p>\n

The project spans on almost 18,000 kanals and consists of eight blocks, labelled from M1-M8. Most of you would\u2019ve heard about the project from here and there, but the latest TV ad campaign has taken everyone aback. With so many queries, let this blog post be the answer to all you need to know about the project:<\/p>\n

Development & possession details<\/strong><\/p>\n

Sectors M1-M8 consist of 5-, 7-, 10-, and 12-marla plots as well as 1- and 2-kanal plots. Possession is available in all sectors from M1-M3, some parts of M4, and M5-M7. But that\u2019s not all, the developers have introduced a number of extensions in the sectors, in these new, possession isn\u2019t available as of yet.<\/p>\n

But for a better understanding, let\u2019s look at the layout of the project.<\/p>\n

M-7 is a larger project than the rest because of the many extensions it has. It consists of three blocks A, B and C, as well as three more sectors labelled M7A, M7B, and M7C. M7C is further divided into three sub sectors; M7C1, M7C2, and M7C3.<\/p>\n

According to Abid Ali from Apex Real Estate, possession isn\u2019t available in M7C1-M7C3, even when people have paid all of their instalments and development charges. Ali adds that no exact timeline has been announced by the developers as of yet and it is unknown as to when possession would be made available here.<\/p>\n

Sectors M1-M6 have their development complete, and possession is also available in all of these sectors. Here, the famous Golf Course is also situated, and properties are made around it, which is why property prices have also increased in the last few years. However, in M3 extension, there hasn\u2019t been any significant development and so possession is also unavailable.<\/p>\n

However, it is expected that soon possession will be given in these sectors as well because Lake City has built a reputation for itself and people are looking to invest here for the long term.<\/p>\n

Prices & prospects<\/strong><\/p>\n

This can be attributed to how the prices have increased in the last few months alone. According to Saad Arshad from AAS Properties, in the last six months, the prices have increased by:<\/p>\n\n\n\n\n\n\n\n\n\n\n
Plot size<\/strong><\/td>\nPrice 6 months ago (in PKR)<\/strong><\/td>\nPresent prices (in PKR)<\/strong><\/td>\n<\/tr>\n
5 marla<\/td>\n3,700,000-3,800,000<\/td>\n4,400,000<\/td>\n<\/tr>\n
7 marla<\/td>\nBelow 5,000,000<\/td>\n6,500,000<\/td>\n<\/tr>\n
10 marla<\/td>\n6,500,000-8,500,000<\/td>\n7,000,000-9,000,000<\/td>\n<\/tr>\n
12 marla<\/td>\n7,500,000-8,500,000<\/td>\n8,000,000-9,500,000<\/td>\n<\/tr>\n
14 marla<\/td>\n9,000,000-9,500,000<\/td>\n10,500,000<\/td>\n<\/tr>\n
1 kanal<\/td>\n11,000,000<\/td>\n11,500,000<\/td>\n<\/tr>\n
2 kanal<\/td>\n29,000,000-32,500,000<\/td>\n35,000,000-42,500,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Arshad quotes that prices have only climbed up as a result of the Lahore Ring Road exit which has provided the housing society with the necessary road linkage. Apart from this, the development in sectors where possession is available, are allowing the residents to have a comfortable lifestyle and be able to live with one of the best recreational and entertainment facilities.<\/p>\n

If you are headed for Lake City, you are doing right! The project has great potential and can be the answer to your investment needs.<\/p>\n

For any queries or feedback, please comment below.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lake City has been a prominent project in Lahore for some years now. Earlier, it was primarily because of its distance from the main city centre, however, as the new link from the Lahore Ring Road has opened, the project has emerged as an investment haven for most people. The project spans on almost 18,000 kanals and consists of eight blocks, labelled from M1-M8. Most of you would\u2019ve heard about the project from here and there, but the latest TV ad campaign has taken everyone aback. With so many queries, let this blog post be the answer to all you need to know about the project: Development & possession details Sectors M1-M8 consist of 5-, 7-, 10-, and 12-marla plots as well as 1- and 2-kanal plots. Possession is available in all sectors from M1-M3, some parts of M4, and M5-M7. But that\u2019s not all, the developers have introduced a number of extensions in the sectors, in these new, possession isn\u2019t available as of yet. But for a better understanding, let\u2019s look at the layout of the project. M-7 is a larger project than the rest because of the many extensions it has. It consists of three blocks A, B…<\/p>\n","protected":false},"author":60,"featured_media":18151,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11051],"tags":[7782,3803,447,6292,235,4535],"persona":[],"class_list":["post-41086","post","type-post","status-publish","format-standard","has-post-thumbnail","category-property","tag-details","tag-details-on-dha-rahbar-granting-possession-in-two-blocks","tag-development","tag-lake-city","tag-possession","tag-prospects","cat-11051-id"],"acf":[],"yoast_head":"\nThe Lake City update to read now<\/title>\n<meta name=\"description\" content=\"Lake City has been a prominent project in Lahore for some years now. Earlier, it was primarily because of its distance from the main city centre, however,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Lake City update to read now\" \/>\n<meta property=\"og:description\" content=\"Lake City has been a prominent project in Lahore for some years now. Earlier, it was primarily because of its distance from the main city centre, however,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html\" \/>\n<meta property=\"og:site_name\" content=\"A blog about real estate, lifestyle and tourism in Pakistan | Zameen Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-09T10:28:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-20T04:55:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2015\/07\/lake-city-lahre1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Remshay Ahmed\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Remshay Ahmed\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Lake City update to read now","description":"Lake City has been a prominent project in Lahore for some years now. Earlier, it was primarily because of its distance from the main city centre, however,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html","og_locale":"en_US","og_type":"article","og_title":"The Lake City update to read now","og_description":"Lake City has been a prominent project in Lahore for some years now. Earlier, it was primarily because of its distance from the main city centre, however,","og_url":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html","og_site_name":"A blog about real estate, lifestyle and tourism in Pakistan | Zameen Blog","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2018-08-09T10:28:51+00:00","article_modified_time":"2019-05-20T04:55:00+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2015\/07\/lake-city-lahre1.jpg","type":"image\/jpeg"}],"author":"Remshay Ahmed","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Remshay Ahmed","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html"},"author":{"name":"Remshay Ahmed","@id":"https:\/\/www.zameen.com\/blog\/#\/schema\/person\/cfc3d69aebeb90a0ffde221845ecf8d3"},"headline":"The Lake City update to read now","datePublished":"2018-08-09T10:28:51+00:00","dateModified":"2019-05-20T04:55:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html"},"wordCount":557,"publisher":{"@id":"https:\/\/www.zameen.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html#primaryimage"},"thumbnailUrl":"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2015\/07\/lake-city-lahre1.jpg","keywords":["details","details on DHA Rahbar granting possession in two blocks","development","Lake City","Possession","prospects"],"articleSection":["Property"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html","url":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html","name":"The Lake City update to read now","isPartOf":{"@id":"https:\/\/www.zameen.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html#primaryimage"},"thumbnailUrl":"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2015\/07\/lake-city-lahre1.jpg","datePublished":"2018-08-09T10:28:51+00:00","dateModified":"2019-05-20T04:55:00+00:00","description":"Lake City has been a prominent project in Lahore for some years now. Earlier, it was primarily because of its distance from the main city centre, however,","breadcrumb":{"@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html#primaryimage","url":"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2015\/07\/lake-city-lahre1.jpg","contentUrl":"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2015\/07\/lake-city-lahre1.jpg","width":600,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/blog\/the-lake-city-update-to-read-now.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/blog"},{"@type":"ListItem","position":2,"name":"Property","item":"https:\/\/www.zameen.com\/blog\/property"},{"@type":"ListItem","position":3,"name":"The Lake City update to read now"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/blog\/#website","url":"https:\/\/www.zameen.com\/blog\/","name":"A blog about real estate, lifestyle and tourism in Pakistan | Zameen Blog","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/blog\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/blog\/#\/schema\/person\/cfc3d69aebeb90a0ffde221845ecf8d3","name":"Remshay Ahmed","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/84e30f2f9af7afe0702e5c8da4e2026cc9c1ec2e14d1497fd4676bf606e48062?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/84e30f2f9af7afe0702e5c8da4e2026cc9c1ec2e14d1497fd4676bf606e48062?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/84e30f2f9af7afe0702e5c8da4e2026cc9c1ec2e14d1497fd4676bf606e48062?s=96&d=mm&r=g","caption":"Remshay Ahmed"},"description":"Remshay Ahmed is a journalist. Amongst many, her most recent interest includes dissecting Pakistan's economy and trailing the growth of the realty sector.","sameAs":["https:\/\/www.zameen.com"]}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/posts\/41086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/users\/60"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/comments?post=41086"}],"version-history":[{"count":4,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/posts\/41086\/revisions"}],"predecessor-version":[{"id":57996,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/posts\/41086\/revisions\/57996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/media\/18151"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/media?parent=41086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/categories?post=41086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/tags?post=41086"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/blog\/wp-json\/wp\/v2\/persona?post=41086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}