{"id":52686,"date":"2019-04-03T13:04:55","date_gmt":"2019-04-03T13:04:55","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=52686"},"modified":"2019-04-03T13:04:57","modified_gmt":"2019-04-03T13:04:57","slug":"latest-updates-plots-palm-city-lahore","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/latest-updates-plots-palm-city-lahore.html","title":{"rendered":"Everything you need to know about plots in Palm City Lahore"},"content":{"rendered":"\n

Palm\nCity Lahore has been creating quite a buzz in the city\u2019s\nreal estate market for some time now. The society particularly attracts buyers\ninterested in constructing their homes instantly. For these buyers, having a\nchance to purchase developed plots on a convenient payment plan is the\nproject\u2019s most appealing aspect.<\/p>\n\n\n\n

As a potential investor, you should also know that as many as 50 houses are currently under construction here. Not to mention that Zameen.com has already started to register demand for 5 marla<\/g> houses. This interest comes in addition to the overall growing demand for residential plots in the scheme<\/a>.<\/p>\n\n\n\n

Here is the latest on Palm City Lahore: information that will prove highly useful if you wish to purchase property in a potentially rewarding and reliable housing development.<\/p>\n\n\n\n

Details of the Project<\/h2>\n\n\n\n

The society is located on the Main Ferozeupur<\/g> Road,<\/g> and lies at a short driving distance from several important areas of Lahore. Furthermore, Palm City\u2019s close proximity to the Lahore Ring Road\u2019s Gajju Matta Interchange and Metro Bus Station makes it irresistibly attractive for most end users. <\/p>\n\n\n\n

Check out this basic map for the project below:<\/p>\n\n\n\n

\"Map
Map shared by the developer of Palm City Lahore<\/figcaption><\/figure>\n\n\n\n

Palm City is a project of Paramount Associates, a company known for adhering closely to the best practices of transparency and timely delivery. This is evident from the fact that they offered plots on sale only after<\/em> the Lahore Development Authority sanctioned its approval. Also, since Palm City Lahore is LDA approved, the project provides a certain satisfaction to people looking to make safe property transactions.<\/p>\n\n\n\n

The society, additionally, has several well-known and popular housing schemes in its immediate vicinity. These include Central Park<\/a>, Bahria Nasheman, and the Pak-Arab Housing Scheme \u2013 with the famous Lahore General Hospital also situated close by.<\/p>\n\n\n\n

With LRR\u2019s Southern Loop II made functional last year, Palm City<\/a> became much more accessible from all phases of the Defence Housing Authority, Raiwind Road, Defence Road<\/a>, Model Town<\/a>, Gulberg, and Lahore Cantt.<\/p>\n\n\n\n

Development status of Palm City<\/strong><\/h2>\n\n\n\n

Out of the five blocks in Palm City, development work in four (Blocks A, B, C, and D) is now complete. In these developed blocks, the roads, sewerage work, parks, streetlights, watering infrastructure, electricity and gas supply, and other public facilities are in final shape. A demand draft for gas supply in the society has also been approved. According to society management, gas supplies will formally commence in the next couple of months. <\/p>\n\n\n\n

\"Aerial
The area is showing great development since its inception<\/figcaption><\/figure>\n\n\n\n

As mentioned earlier, around 50 houses are being constructed in Palm City. With many 3 marla and 5 marla homes currently in the works, real estate builders are also keen to make their inroads into the project. At the moment, the society is home to 10 families, and the developer is processing a request to get the go ahead<\/g> for constructing more houses. If you, too, are looking to purchase plots in Palm City Lahore, now could be the best time to do so.<\/p>\n\n\n\n

Market demand<\/strong><\/h2>\n\n\n\n

As mentioned, Palm City Lahore is a developed society, and it offers plots ready for possession on a convenient 18-month payment plan. This makes it one of the hottest societies in the neighbourhood for the end users looking to buy land. Even during dull market days, a decent number of plots get transferred on a daily basis.<\/p>\n\n\n\n

The society has attracted more buyers through\nword of mouth than conventional marketing means. Furthermore, its offering of\ncertain buyer-specific benefits, including a 6% on-cash payment facility and an\n18-month payment plan, has successfully resulted in working the project\u2019s\n\u2018magic\u2019 on potential investors. <\/p>\n\n\n\n

For the most part, the developer has tailored\nthe plot options available in the project in line with the popular market\ndemand. In Palm City Lahore, you will find 3.5-marla, 5-marla, 7-marla, and\n8-marla residential plots readily available. Please note that the inventory for\n10-marla plots has been sold out. This shows high demand among people looking to\npurchase land in Palm City\nLahore.<\/strong><\/p>\n\n\n\n

Our sources have confirmed that the demand for 3.5-marla and 5-marla plots in Palm City Lahore<\/a>is comparatively higher. According to the society\u2019s authorized agents, 5-marla plots here come with a premium ranging between PKR 200,000 to 300,000. Due to growing demand, experts believe that the premium demanded on smaller plots will increase further in the future.<\/p>\n\n\n\n

Their optimism rests on the fact that gas\nconnections will be made available soon, and also that the number of families\nliving there is increasing constantly. Not to mention that the society is also\ngaining momentum on the commercial end: McDonald\u2019s is coming to the project!<\/p>\n\n\n\n

Payment plan<\/strong><\/h2>\n\n\n\n

Here is the Palm City payment plan for plots available in Blocks A, B, C, and D.<\/p>\n\n\n\n
Plot Size<\/strong><\/td>3.5 Marlas<\/strong><\/td>5 Marlas<\/strong><\/td>7 Marlas<\/strong><\/td>8 Marlas<\/strong><\/td><\/tr>
Booking amount
@30% in PKR<\/strong><\/td>		795,000<\/td>1,095,000<\/td>1,350,000<\/td>1,458,000<\/td><\/tr>
Monthly instalment
@4%x18 in PKR<\/strong><\/td>		 101,000
<\/td>		140,000<\/td>172,600<\/td>189,863<\/td><\/tr>
Total Price in PKR<\/strong><\/td>2,650,000<\/td>3,650,000<\/td>4,500,000<\/td> 4.950,000 <\/td><\/tr><\/tbody><\/table>\n\n\n\n

This was the latest we had to share on Palm City Lahore. If you have any queries regarding buying plots in Palm City Lahore, or feedback to share on the article, please leave them in the comments section below. For more updates, stay tuned to Zameen Blog<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"

Palm City Lahore has been creating quite a buzz in the city\u2019s real estate market for some time now. The society particularly attracts buyers interested in constructing their homes instantly. For these buyers, having a chance to purchase developed plots on a convenient payment plan is the project\u2019s most appealing aspect. As a potential investor, you should also know that as many as 50 houses are currently under construction here. Not to mention that Zameen.com has already started to register demand for 5 marla houses. This interest comes in addition to the overall growing demand for residential plots in the scheme. Here is the latest on Palm City Lahore: information that will prove highly useful if you wish to purchase property in a potentially rewarding and reliable housing development. Details of the Project The society is located on the Main Ferozeupur Road, and lies at a short driving distance from several important areas of Lahore. Furthermore, Palm City\u2019s close proximity to the Lahore Ring Road\u2019s Gajju Matta Interchange and Metro Bus Station makes it irresistibly attractive for most end users. Check out this basic map for the project below: Palm City is a project of Paramount Associates, a company known…<\/p>\n","protected":false},"author":79,"featured_media":52715,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11051],"tags":[13591,4235,13592],"persona":[],"class_list":{"0":"post-52686","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-property","8":"tag-lahore-palm-city","9":"tag-palm-city","10":"tag-plots-in-palm-city-lahore","11":"cat-11051-id"},"acf":[],"yoast_head":"\nLatest Updates on Plots in Palm City Lahore | Zameen Blog<\/title>\n<meta name=\"description\" content=\"Are you looking to purchase affordable plots in Lahore? 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