Lahore: As the Basant Festival approaches, rooftop rentals in Lahore, particularly in the historic Walled City, have surged to record levels, with some spaces commanding rates of up to Rs 2.5 to 3 million for just three days.
Rooftop spaces in key areas such as Delhi Gate, Bhaati Gate, Mochi Gate, and Rang Mahal are in highest demand due to their panoramic views of the festival celebrations. Prices for standard rooftops range from Rs 500,000 to over Rs 1 million, while prime locations have been booked weeks in advance.
Many of these exclusive rooftops are being used for private parties catering to affluent guests and tourists. A few five-star hotels have also secured rooftop spaces in the Walled City to host special events, further driving up rental costs. Surprisingly, some public-sector buildings, including schools and the historic General Post Office on Mall Road, have made their rooftops available for rent during the festival.
The sharp rise in rental prices highlights the deep-rooted cultural enthusiasm for Basant in Lahore, even after the festival’s 18-year hiatus. The Punjab government has allowed the festival to resume under strict safety regulations, including a ban on chemical-coated kite strings, mandatory safety rods for motorcyclists, and age restrictions for kite flying. Free Orange Line train and bus services will also be provided on the eve of Basant to reduce traffic risks.
Authorities have emphasized that violations of the kite-flying rules, including the use of hazardous strings or unregistered equipment, may lead to fines of up to Rs 2 million and imprisonment of up to three years, ensuring that the festival can be celebrated safely.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
