Lahore: Rental investment options have become increasingly popular over the recent years for a number of reasons: they ensure a steady flow of periodic and convenient passive income and when you decide on selling property, you can also expect fantastic capital gains from it. Moreover, rental properties provide great deal of bargaining power to owners during negotiations with would-be buyers.
The past two years have seen a significant rise in demand, prices, and rental yield for both shops and apartments in Lahore; especially in major areas of the city such as Gulberg, DHA and Johar Town.
Key takeaways from data on commercial outlets (2018-2020)
- There has been a moderate increase in prices for commercial outlets, with average per square foot rate of commercial outlets rising by 20% in the two years
- The demand has more than doubled, registering a 106% increase in search volumes
- As of December 2020, the average annual rental yield stood at 6.3% for shops in Lahore
Key takeaways from data on apartments (2018-2020)
- There has been a phenomenal increase in prices for apartments, with average per square foot rate of apartments rising by nearly 50% in the past two years
- The demand for apartments has also more than doubled, registering an increase of 127% in search volumes
- As of December 2020, the average annual rental yield stood at 7% for apartments in Lahore
Where to invest?
The above numbers are average and considering how big Lahore is, they can vary from area to area; further depending on the location’s popularity and state of infrastructure. For those looking to invest in rental properties in Lahore, they should check out Grand Square Mall.
Approved by the Lahore Development Authority (LDA), the project’s capital gains over the next three years are expected to range somewhere between 45-50%. Meanwhile, the developers have guaranteed high annual rental yield for the split-level commercial outlets.
Grand Square Mall sits in the heart of Gulberg, just off Main Boulevard Gulberg, opposite to Centre Point and Mini Golf Park. It is also located at a short distance from the Firdous Market Underpass, Liberty Market, Garden Town and Canal Road – all major city developments.
How to book a unit in Grand Square Mall?
Zameen.com is the official marketing and sales partner for Grand Square Mall. We operate a 24-hour helpline facility to address your queries regarding corporate offices, apartments and commercial outlets available for purchase in the project. Reach out to us through the attached form or Whatsapp option and we will provide you with all your desired details!