Ferozepur Road - LahorePalm City
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Real estate in Lahore has managed to flourish, considerably, despite the economy of the country slowing down over the past few years. A bunch of successful residential projects have contributed to this progress, including Central Park Housing Society.
Located right on Ferozepur Road, Central Park Housing Scheme is one of the biggest real estate projects by Urban Developers. The society spreads over 9,500 kanal, making it one of the most in-demand places to start a business due to a high number of residents.
Majority of the areas have already been occupied but land in Central Park Housing Scheme Lahore is still up for sale. In the commercial category, possession of most of the plots is given immediately here. This society has specific commercial areas, which include Block A, Block B, and Block G. The minimum area size for a plot is 2 marla. However, the area is not just limited to 2 marla plots, commercial plots for 5 marla and 10 marla are among the popular categories for investing.
Central Park Housing Scheme Lahore gives you all the right reasons to buy a commercial plot and start a business here immediately. The area has developed to a great extent and the footfall of the majority of the businesses is on the rise. The price of a 2 marla plot starts at PKR 70 lakh and goes up to PKR 1 crore. The price variation depends on several factors, including the location of the plot on the main road or near a popular landmark like a mosque, university, library, or mall. 5 marla commercial plots in Central Park Housing Scheme range from PKR 1.2 to PKR 1.5 crore. Prices of 10 marla commercial plots vary between PKR 2 crore and PKR 2.5 crore.
Supplies of gas, water, and electricity are provided by the society itself. This means Central Park Housing Society offers backup for almost all utilities, especially electricity. The sewerage system of the scheme is also well-developed. A teaching hospital and a medical college are also part of this project. All the streets are equipped with surveillance cameras and the society’s barrier gates are controlled automatically. There is a 500 kanal amusement park as well where residents can spend quality time with their loved ones. For fitness enthusiasts, the housing scheme houses several gyms, including King Fitness Club, and jogging tracks.
Banks, general stores, bakeries, beauty salons, pharmacies, meat shops, fruits and vegetable markets, and barbershops, all are present in this society. Grand Shopping Mall and Al Doha Shopping mart are the biggest places to shop for clothes and other basic necessities other than groceries. Another mall is under construction, where residents would be able to visit a cinema and more restaurants. Restaurants that are frequently visited by the inhabitants include Urban Natural Food, Usman Family Restaurant, CFC Fast Food, Dhiloon Restaurant, Ahmed Bar. B.Q and Restaurant, and Mr. Khan Grill Burgers & Pizza.
For people, who are planning to start a business on their commercial property, there are massive opportunities in Central Park Housing Society. The area is already densely occupied and the margin for starting or extending your business is huge. Plus, they have a state-of-the-art water filtration system, which is a rare — and the most sought-after — feature in housing societies in Karachi. Public transport and security are provided by the authorities and there is a mosque in almost every block. The socio-economic status of the people goes from upper middle class to elite class. So, you can figure out the type of business you want to build on your plot. It could be a start-up, a restaurant, a real estate office, a studio, or simply a grocery store.
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