Lahore is one of Pakistan’s largest and most developed cities. It is famous for its rich culture and history. It warmly welcomes tourists and investors. It is the success center for many businesses, one of which is the rapidly growing real estate sector.
If you are interested in buying a property in Lahore, many real estate intermediaries will be fine with your current financial situation. They will suggest you invest in “Expensive housing societies in Lahore,” such as DHA Lahore, Bahria Town, Liber, etc.
No doubt, these famous housing societies feature facilities and amenities that can compete with top-tier community facilities. These are projects of Giants Real Estate Developers. Unfortunately, these societies offer luxurious lifestyles to the rich communities of Pakistan. A low-middle-income person can’t afford it.
Don’t worry—many real estate developers have stepped forward. They have taken responsibility for building reliable and affordable housing societies in Lahore. In spite of being affordable, these housing societies boast infrastructure, the best facilities and amenities, a top-notch security system, and a prime location near the center of the city.
Buying a house or plot in Lahore can be overwhelming. The guide will be helpful for you. It reviews four affordable housing societies in Lahore. These residential areas offer various property options at reasonable prices. So, if you have a limited budget, you can check out all the housing societies mentioned below.
Low-Cost Housing Areas in Lahore
- Al Jalil Garden, Lahore
- Park View City Lahore
- Al Ahmad Garden
- New Lahore City
All of these are low-budget housing societies, so let’s discuss them more.
Al-Jalil Garden, Lahore
Al-Jalil Garden is a top-notch yet affordable housing scheme in Lahore. It enjoys a prime location on Jaranwala-Sharaqpur Road. It is away from the hustle and bustle of the city and is located opposite the Fazipur Interchange of the M-2 Motorway. Its location is ideal because nearby areas are considered tourist points, such as Shahdara, Shah Alami, Multan Road, Gulshan Ravi, Thokar Niaz Baig, etc.
It spreads over 700 acres of land and boasts modern infrastructure and developmental status. Al Jalil Garden is the most popular real estate project for Al Jalil Developers. They offer high living standards at affordable rates. The overall design of the housing scheme is top-notch, and construction quality is undeniable,
The housing society includes all basic and complementary needs of residents. It offers top-of-the-line facilities and amenities such as an uninterrupted power supply, gas and electricity, a 24/7 security system, lavish green parks, jogging tracks, and a family club. Moreover, educational institutes and healthcare facilities are also available within or near the society.
The low-budget housing society has various property options such as plots, owner-build houses, developer-build villas, and commercial plots. The developer builds villas in sizes 3 and 5. The house’s sizes and designs vary from 5 Marla to 1 Kanal. 5 Marla single-story house is suitable for a small family. You will find property options that fit your budget, which is why Al-Jalil Garden is in the top position on the list of affordable housing societies.
Park View City Lahore
Park View City is another luxurious and affordable housing society in Lahore, Pakistan. It allows middle-income people to enjoy top-notch facilities without spending like the rich. Investment in Park View City, Lahore, ensures high monetary worth in the future. It enjoys a premium location on Multan Road, opposite the DHA EME sector. It is accessible from Lahore Ring Road, the M-2 Motorway, the National Highway, and Raiwind Road.
Park View City is a Vision City project led by Mr. Aleem Khan. They have a similar successful project in Islamabad Park View City, Islamabad. The Developer claimed to provide the best housing residency, offering top-notch facilities to Lahore residents. They came true to their commitment.
It is a relatively new project, launched in 2012. It boasts modern infrastructure and breathtaking architecture. It offers all contemporary utilities that are enough for a better and innovative living. A well-constructed-robust road network connects it with the main Lahore roads. The 24/7 supply of basic utilities such as power, gas, and water makes residents’ lives comfortable. The top-notch security surveillance ensures a safe and secure environment. Meanwhile, the availability of mosques, restaurants, cafes, shopping malls, community parks, medical centers, Imax cinemas, and sports complexes makes it a considerable choice for living.
Like other housing schemes, Park View City offers houses and plots. The pre-build houses don’t offer much customization. So, there is an option for residential plots so that you can build your dream house from scratch. Property Prices may vary depending on location, size, and additional facilities such as corner plots, parking, etc. Usually, 5 Marla houses can cost you 1.3 crore. You can get more pricing and property details from their website.
Al-Ahmad Garden, Lahore
Al-Ahmad Garden is another top economical residential project in Lahore. It is a small gated community located on GT Road, and it boasts proximity to the Quaid-e-Azam Interchange of Lahore Ring Road. It is adjacent to Manawan Police Station. The housing scheme is close to Orange Train and 10 minutes away from Allama Iqbal Airport. Its prime location makes it a worthy choice for buying a house.
According to developers, the housing society is under construction. Blocks A, B, and C are almost completed, but Blocks D, E, and F are under development. Construction work is fast-paced. The underground electricity wiring will be done in the coming months. Still, many families are living in Developed Blocks of Al—Ahmad Town.
Like other housing societies, Al-Ahmad will also provide contemporary facilities. These will include the supply of basic utilities, educational institutes, medical care centers, a robust road network, a community park, and many more. Right now, it is not highly established but still maintains good living standards.
It offers residential plots of various sizes and owner-built houses. Property prices vary according to location and distance from main roads. The 3 Marla House can cost almost 75 lakhs, and the 3 Marla plot can cost approximately 10 Lakhs. Investing in this economical housing scheme guarantees a secure and comfortable lifestyle.
New Lahore City
New Lahore City is a prestigious project of Zaitoon, a leading name in the Pakistani real estate sector. It is one of their successful residential and commercial projects that enjoys a prime location. It is just 2km away from Bahria Town, but not less than it. The housing society provides undeniable opportunities for investors and homeowners.
The new housing society launched in 2013 in Southern Lahore. For many years, investors and business owners have been looking for major infrastructural development in that area. In this case, a housing scheme’s proximity to major development ultimately means success. The Lahore New City is connected to Sundar Road, which makes it easy for residents to commute in and out. It is said that the Lahore New City Ring Road Terminal will be completed in approximately the next two years.
The residential project is still under construction at a fast pace. Phases 1 and 2 have been delivered. The property prices are affordable but showing a positive incline due to high demand. The society is approved by the Lahore Development Authority. Lahore, New City, is divided into six Blocks: Royal Enclave, Premium Enclave, Platinum Enclave, Overseas Enclave, Pearl Enclave, and Zaitoon Residential.
The Royal Enclave, Premium Enclave, and Platinum Enclave will have 5, 10 Marla, and 1 Kanal residential plots. The Overseas Enclave will have 5,7,10 Marla, 1, and 2 Kanal residential plots. The Pearl Enclave will give 5 Marla ready-made villas, and Zaitoon Residensia will have 2,3-bedroom luxury apartments.
The New Lahore City is a futuristic housing society that provides a premium lifestyle at an affordable price. Investing in it is a worthy decision and can secure its monetary value in the future. It provides all the facilities and amenities that top-class housing societies offer their residents, so you must consider it.
Is Investing in These Housing Societies Safe?
All of the above-mentioned housing societies are legal and approved by relevant authorities such as LDA, so investment in them is safe and secure. Before investing, do all kinds of research to ensure security. All of these housing societies are providing the best and most affordable installment and payment plans to encourage investments. So, gather all possible details. You can get assistance from us through our free ask service.
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