The Lahore real estate market has experienced explosive growth beyond description in recent years. The most notable changes can be seen on Raiwind Road, which is currently serving as the venue for several various projects.

According to information made available by Trends, the following are some of the initiatives that have gained the most notoriety:

  • Al-Kabir Town
  • The Etihad Town
  • A Community for Those Who Have Visions

Al-Kabir Town

The land sizes available in Phase I and Phase II are either 3 or 5 marlas and both phases are located in the same general region of the neighborhood. There are just two blocks in Phase I, but in Phase II, there will be eight. The cost of a plot of three marlas is 1,500,000 Pakistani rupees, whereas the cost of a plot of five marlas is 2,500,000 Pakistani rupees.

The construction work for Phase I is complete, and the new owners can immediately take possession of the property. In addition, there is already a sizable population in this region. The construction work is complete, with the remaining task being the gas line connection. Within roughly four blocks, the construction work for Phase II will be completed, and possession of the property will be available within those same four blocks. However, construction work has already begun in the blocks still available to purchase.

The real estate development project has been the focus of substantial interest. On technology Trends, it had been placed 10th, but it had made its way up to fourth place the previous month and first place this month after climbing. The prices of the available properties here reflect a good value for the money, especially in the short term.

According to Ahmad Hassan, who works for The Property Magnates, the residential plots of three and five marlas in size offer price competitiveness, which ensures that a large number of people can purchase dwellings in this area.

The Etihad City (City of Etihad)

Etihad Town is yet another development attracting a great deal of interest from customers considering making a purchase. This is due, in part, to the fact that Raiwind Road is surrounded on either side by brand-new and intriguing developments that cater to a variety of budgets. As a result, it is one of the most in-demand construction projects in the surrounding area. The overall project may be split down into three main parts, all of which have been concluded successfully. Except for gas, all utilities’ connections are now present here. However, according to Rehman, gas won’t become available until almost 30 percent of the area is occupied by people.

According to Ateeq, your Rehman, who works for AKT Estate & Builders, the entire development has been completed, and the price per marla for a 5-marla plot is PKR 1,150,000. On the other hand, the price per marla for a 10-marla plot is PKR 1,050,000. Buyers who have finished making their payments might expect to obtain ownership of the property within one to two weeks, while the payment schedule should be finished no later than the 30th of November this year at the latest.

According to Rehman, one of the key reasons that 5-marla plots are doing so well on the market is because of how easy it is to get them. He has discovered that these plots are selling fairly well. In addition, the market for 5-marla is expanding, indicating that demand and supply can meet each other’s needs at the current time.

A Community for Those Who Have Visions

This project is one of the more recent ones because it wasn’t started until after more than two months had passed, making it one of the most current ones. In addition to one Kanal, residential lots of 3, 5, 7, and 10 marlas and one kanal are available for purchase here. Both 4 and 5 marlas are considered standard sizes for commercial plots. Because this is a fresh new project, a significant amount of work needs to be done, and the builders look to be keeping up with it.

According to the information provided by Arsalan Azeem of Shani Estate & Builders, the following is a list of the rates for plot files. The project’s development is now taking place, and it appears to be headed on the correct path due to the continued interest shown by prospective buyers and investors.