Good news for the people of Lahore — lots of plots on easy installments!
Those who cannot afford to pay a large sum for a plot can now invest in new home developments in Lahore 2022 on a monthly basis. As the population of Lahore grows by the day, residential concerns become more prevalent. The majority of newcomers in this city have the option of renting.
However, affordability is not as easy as one may think, thus in this instance, in 2022, one will be able to acquire a plot in one of Lahore’s new housing schemes on payments. Essentially, each society has its own installment plan, with varying down payments based on community laws. The installment plan vary based on the size of the plots.
Seven Top Housing Societies in Lahore on Installments
Possession of plots is granted immediately upon the fulfillment of installments, while in certain circumstances societies require additional time to provide possession following the completion of payments.
1. Kings Town
Al Kabir Developers established Kings Town Lahore in 2019. It is located on Raiwind Road in Lahore. It is selling houses on installments of 3 marla and 5 marla, as well as residential plots.
Kings Town Lahore is divided into two phases: Phase 1 and Phase 2. Phase 1 was released in 2019 with housing plans, while Phase 2 was introduced in 2021. The project is near Bahria Orchard in Lahore, on Raiwind Road. Al Kabir Town Phase 3 is another name for it.
Payment plan
The 2022 payment plan for King’s Town Lahore includes one sector of A with residential plots available for reservation. Payment plan 2022 offers 3 marlas for PKR 360000 and five marlas for PKR 5500,000 in total.
The booking fee is PKR 600,000, plus a PKR 25000 deposit. Houses will be available for booking in 2022 with a four-year payment plan. A floor base booking option is available, with prices ranging from PKR 3600,000 to PKR 4200,000 on a simple payment plan.
In 2022, Kings Town Sector A and B Block of Phase 1 are also available for booking. The society also prioritizes a low-cost plot with high-end amenities, which is why fresh bookings for 2022 have begun in phase 2 of King’s Town Lahore.
Because the plans for 2021 and 2022 are so identical, all 2021 reservations can still be made in 2022, but at one prices. One price refers to prices that are charged as a profit above the initial file price. Many others still have previous reservations but want to purchase new ones in the phase 2 A block. This demonstrates the market value of society.
2. Dream Housing Society
On Main Raiwind Road, ahead of Lake City and adjacent Superior University Campus, Dreaming Housing Lahore is located. The Lahore Ring Road is within a few minutes’ drive away. Residents will have easy access to the city’s main districts thanks to the Ring Road junction (LRR).
The society provides 3 Marla and 5 Marla residential plots for PKR 2,700,000 and PKR 4,500,000, respectively, and an inexpensive 48-month payment plan with PKR 15,000 and PKR 25,000 paid monthly for 48 months and 100,000 and 150,000 paid bi-annually. On a three-year payment plan, commercial plots of 2.5 and 4 marlas are also offered.
[pdf-embedder url=”https://globeestatebuilders.com/wp-content/uploads/2022/05/Dream-Housing-Brochure.pdf” title=”Dream Housing Brochure”]
3. Park View City Lahore
The Vision Group created and owns Park View City Lahore, a spectacular housing project. The land is around 7000 Kanal in size and provides housing for over 4500 households. The Thokar Niaz Baig flyover is a few kilometers distant from Park View City Lahore, which is located on the major Canal Road.
A legitimate N.O.C. is present in the residential project. It is a Lahore Development Authority-approved real estate project and one of the Lahore housing societies that sell plots in installments. Furthermore, the housing association offers plots of 3, 4, 5, 8, 10, and 1 Kanal on a monthly basis.
On the lump-sum installment of the plot price, however, a 5% discount is available. Additionally, 10% extra costs will be applied to plots in the elite category, such as corners, park facing, and principal boulevard sites.
4. Zaitoon City
Zaitoon City, located on Canal Road between New Lahore City, Bahria Town, and Multan Road, is providing commercial and residential plots for 3.5 to 4 years on payments.
5. Lahore Smart City
Another housing society in Lahore that offers plots in installments is Lahore Smart City. Future Development Holding Private Limited and Habib Rafique Private Limited have collaborated on this important project. This housing community in Lahore is also accessible from the Lahore Ring Road and is located on the Lahore Bypass.
Executive and Overseas Blocks make up the residential project. Plot sizes of 5 marlas, 7 marlas, 10 marlas, 12 marlas, and 1 Kanal come with a flexible and inexpensive payment plan. Furthermore, this housing society has received approval from the Lahore Development Authority and is an excellent investment opportunity.
6. Dream Gardens
Dream Gardens Lahore is located on Raiwind Road, 2 minutes from Canal Bank Road, 10 minutes from Shaukat Khanum Hospital, with easy access from the Lahore Ring Road and close to the city’s important universities. It is divided into two sections, each of which must provide an awesome narrative installment plan.
It has residential plots of 5 Marla, 7 Marla, 10 Marla, 20 Marla, and 30 Marla, as well as commercial plots of 6 Marla, 7 Marla, and 10 Marla. Residential plots start at PKR 5,948,800 and go up to PKR 26,790,300, with a 36-month payment plan and 12 quarterly installments available. Bookings begin at 30% down and are spread out over three years.
7. Al-Rehman Garden Lahore
Lahore’s Al-Rehman Garden is an LDA-approved housing society. Furthermore, the project is being constructed by Al-Rehman Developers, one of the most famous and well-known real estate developers in the world.
Furthermore, the housing society is comprised of seven stages and is located on Ferozwala Road near Sheikhupura. Real estate investors benefit greatly from the ideal location. Residential plots of 3,5,8, and 10 marla are available on installment from the housing association.
At the same time, the commercial property is available on installment in 2 and 4 marlas. Al-Rehman Garden is one of Lahore’s most well-known housing societies, with a highly reasonable monthly payment plan for the city’s population.
Key takeaway
The real estate industry of Lahore is growing by the day, and with each passing day, builders and investors must deliver some of the most innovative and exciting real estate projects.
The business owner who initiates the strategy reaps a substantial profit. The initial pricing comes with the sold-out of files as soon as the plan is announced. For both buyer and seller investors, this is a successful investment with no risk of losing money.
So, if one can afford it, don’t worry about investing; simply go to the advertised site and arrive early to secure a spot.
As time passes, all of Lahore’s environs have become part of the city. So, don’t worry; new home projects in Lahore 2022 on installments are set to emerge in the next days, and their advertisements will be released shortly.
However, as per the real estate experts at Globe Estate and Builders, the most recommended housing societies in Lahore are Kings Town and Dream Housing Society.