What had kept us safe and secure? Of course a fair home! That statement will undoubtedly remain valid for quite some time. Developing industrialism, low-budget plan, and rising inflation dynamics in the 21st century are contouring the trends towards residential property for sale, particularly small houses.
PAK ARAB HOUSING SCHEME
Keeping this in mind, a private community was launched in the middle of Lahore in 2003 by the name of ‘ Pak-Arab Housing Scheme. ‘ This scheme is now a golden lure for finance professionals to invest.
Overview Of The Scheme
Pak Arab Housing Society is the crux of the opulent real-estate development experience of WAK Group. The scheme is designed to provide inexpensive housing in safe surroundings. This originates in the 1960’s with the opening of Lahore’s first private housing society currently known as Phase 1 DHA. PAHS is primarily designed to meet the housing needs and ambitions of the mid-and lower-income sector, which accounts for around 90 percent of the total annual demand for residential property in Pakistan worth around 5 million. Growing consumerism, low budgets and media aplenty have come together to unleash a general tendency towards small houses fitted with amenities of the 21st century.
Phases
It is composed of five segments i.e. A, B, C, D, and E. In stage I, the entire number of what sections is produced and sold fully.
Projects to develop in Sector ‘ F’ have begun with LDA controls. Project is set up by very professional and experienced Architects and Planners community in-house. All arrangements were taken to provide all city and urban offices to make PAHS a self-economic society.
PAHS phase 1:
- Launched in 2003
- Block A & E
- Total area 1530 kanals
- Total number of plots 2789
- Houses constructed 1661
- Houses under-construction 174
- Commercial under-construction 8
PAHS phase 2:
- Launched in 2013
- Block F-1, F-2 Golf View Lane
- Total area 1639 kanals
- Future expansion 400 kanals (acquisition in process)
- Development work underway
Location Of The Housing Scheme:
The community is located near Defense Road and the Lahore Ferozepur Highway. It is around 5 KM away from step 3 and 4 of DHA.
If you need a place to live from where you can go to Liberty or DHA for shopping without much hassle and long distance, and if you have limited budget capacity for real estate investment; Pak Arab Housing Scheme is the perfect choice for you.
PAHS has suburban areas of 10 marla, 5 marla, and 3 marla. Because of its primary area and the nature of formative development, the Society has begun to incite investors.
The building system is built to alleviate traffic problems, and here you can see a growing interest in residential plots.
Infrastructure Of The Society
The infrastructure under development includes:
- Telephone, internet & cable TV facilities
- Commercial Boulevard & wide streets
- Gated community
- 24/7 advanced security infrastructure
- Water supply, drainage & sewerage
- Solid waste management system
Cost Trends:
PKR 95 lakh, 60 lakh and 45 lakh are available in PAHS, 10 Marla, 5 Marla, and 3 Marla plots respectively. Taking into account the increased demand in the recent real estate market, prices are expected to rise by 114%, 72%, and 54% one – to-one.
With the successful transfer in phase 1 of approximately 60 per cent of land, PAHS has sprung phase 2 where construction is already taking place.
Facilities In The Society:
The housing society is devised to deliver the following basic facilities to the inhabitants
- Restaurants
- Lush green parks
- Mosque
- Shopping malls
- Gymnasium
- Healthcare
- Kids playing areas
- Community center
- Infrastructure
Inventors Of The Scheme:
The founder and developer of the WAK Company, and of this housing scheme. The group has made advanced investments in Pakistan’s real estate market. In 1960, the company started its first project; now called’ DHA Phase-1.’ Such inventors are being given the credit for designing several projected schemes like Canal Park, Sui Gas Housing Scheme and River Edge. PAHS also launched Phase-2 in 2013 after the successful completion of phase 1.
Payment Plan
Pak Arab Lahore offers perfect 5 Marlas, 10 Marlas and 1 Channel plots completely created. At first start things out serve premise, all the current properties are accessible and plots can also be obtained with simple installation choices. Additionally, certain incentives are given for consumers, who will pay every measure of the suggested story at once.
3-Marla possession plot total plot value is 2.700,000. And the down payment would be 7,00,000/-. There are 36 installments of 3-Marla ownership scheme which is a golden opportunity for peasants who are unable to make all the money in one instalment.
Maximum plot value of 5-Marla possession plot in Pak Arab possession block F-1 is 38,00,000. The down payment would be 16,00,000/-. There are 24 installments of 5-Marla possession plot which is a golden opportunity for peasants who are unable to make all the money in one instalment.
Final Word
Pak Arab Housing Society offers an auspicious investment opportunity with approximately 3000 Kanals of land. In the last couple of years you will see a large increase over real estate development. Pak Arab Housing Society is well on the way to becoming a safe place for investors to put their money, because of its primary area and reasonable prices. As Pakistan’s smartest property platform, Globe Estate & Builders lets you search on any information or questions pertaining to land patterns. Contact them today at +923000900188.