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Showing posts with label Property Investment. Show all posts
Showing posts with label Property Investment. Show all posts

Friday, September 04, 2015

Time to invest in Central Park Housing Society Lahore

CPHS
Though Central Park Housing Society is located in the outskirts of Lahore, the development of a signal-free Ferozepur Road has eased commuting to the society. Development work in the locality is yet to be completed, but this is the right time to invest here. Read on to find out why!
According to Mr Adil Ali of Friends Associates & Builders, the government is planning to extend the Metro Bus route from Gajju Matta to Sue-e-Asil, located past Central Park Housing Society. This means the society is set to enjoy excellent connectivity to the rest of the city through the Metro Bus project.
The property prices in the locality are pretty affordable at the moment, but are likely to rise in the coming times. And what makes me say that? The extension of the Metro Bus project is obviously one major reason, but the completion of development work in the society and an increase in its population will also play a major role in prices moving upwards.
Development Work
Blocks A and G of Central Park Housing Society are fully developed, while Blocks B and F are partly developed. The developer has handed over possession in only developed areas of the society and people have also started living in the locality.
Blocks C, D, E and F are underdeveloped, which is why the developer has not yet handed over possession in these blocks.
Plot categories
Coming back to the categories of plots, I would like to tell you that Central Park Housing Society features residential plots of 5 Marlas, 10 Marlas, 1 Kanal and 2 Kanals and commercial plots of 8 Marlas.
Prices*
Residential Plots
Price ranges for the different categories of plots in the society are as follows:
Plot Category 5 Marlas 10 Marlas 1 Kanal 2 Kanals
Price Range Rs 1,000,000 to Rs 2,500,000 Rs 1,600,000 to Rs 3,500,000 Rs 3,500,000 to Rs 8,500,000 Rs 9,000,000 to Rs 11,000,000
Commercial Plots
Plot Category 8 Marla
Price Range Rs 9,500,000 to Rs 15,000,000
*Rates vary on the basis of location. The prices will obviously be higher in the blocks where the developer has handed over possession.
Now compare these prices to Bahria Nasheman, which is located opposite Central Park Housing Society. The average sale price of 10-marla plots in Bahria Nasheman is Rs 4,416,667, according to the property price data maintained by Zameen.com. This means that the sale price of this category of plots in Bahria Nasheman is 26.19% more than the sale price of same-sized plots in Central Park Housing Society, which shows immense room for growth in the latter.
I hope I have presented a clear picture of why Central Park is good for investment in Lahore at the moment. That’s all about the society for the day. If you think I have missed out on discussing anything important about the locality, please feel free to have a conversation with me in the comments section below.

Thursday, August 20, 2015

City Gardens: Your Chance to Build That Dream Home

city gardens
Here’s some good news for the professional lot of people looking for a home in Lahore. A new posh society being launched in a rapidly-developing neighborhood of the city could mark the end of your struggle for a heavenly abode.
City Gardens, the latest project by The Professionals Cooperative Housing Society Ltd Lahore, has been announced open for registration. Find your dream home couched in a peaceful neighborhood and experience luxurious living in the City Gardens, a society that will be located in the vicinity of LDA City, Bahria Education City and Khayaban-e-Amin.
But those planning to grab a spot in the locality must hurry, as plots would be registered on a first come-first serve basis.
According to the announcement, the society currently offers 3.5-marla, 5-marla, 10-marla and 1-kanal residential plots. Amenities include, but are not limited to, a continuous power and gas supply, potable water facility, a well-equipped sewerage system, a majestic mosquefully functional health centre, schools, community centre, lush green parks and broad roads.
Let’s have a look at the affordable pricing of plots:
Plot Size3.5-marla5-marla10-marla1-kanal
Booking pricePKR 98,000PKR 120,000PKR 220,000PKR 400,000
Lump sum paymentPKR 490,000PKR 600,000PKR 1,110,000PKR 2,000,000
But the offers don’t end just yet. Professionals, government employees and overseas Pakistanis get an added discount on plot purchases in the society.
A source said registrations would remain open for another 20-25 days only and balloting would follow shortly. Expected to be held in June 2016, a transparent balloting would disclose the locations of plots in the society and lead to handing over of possessions soon after.
And yes, feel free to make further queries about the housing project in the comments section below!

Saturday, August 15, 2015

DHA Lahore Property Festival 2015: Get ready for 2 days of fun, food and awesome deals



Zameen.com is hosting the DHA Lahore Property Festival 2015 on August 29 & 30, 2015, and you are all invited to join us and enjoy two days of fun, food, music and awesome real estate deals. The event will be held at the Mini Football Ground behind LGS, Phase V, DHA Lahore. There is no entry fee and no limit to the number of family members and friends you wish to bring along.
The entire Team Zameen will be present there to meet, greet and guide you regarding the right DHA properties to invest in. Moreover, renowned real estate agents and DHA specialists will also be exhibiting, so you can make use of this wonderful opportunity for free-of-cost consultation with top dealers.
Meanwhile, the food stalls and children’s play area will make sure that your family makes the best of use their time as well as they experience the lively ambience of the event. All the Zameen.com staff present there will also make sure that you get to know more about your favourite and country’s No. 1 property portal and the people behind its success. The Zameen Blog team will also be there to share our opinions on the real estate investments you intend to make, so make sure to look us up.
To overseas folks visiting Pakistan, we invite you in particular to attend this event and be part of this wonderful gathering. You have over 3 weeks to manage your schedule accordingly and make sure that you join us at the Mini Football Ground in DHA Phase V, Lahore on August 29 and 30, 2015.
For updates on the event, you can join our Facebook event page for the DHA Lahore Property Festival 2015. Please make sure to invite all your family members and friends. Should you need more information about the event, please feel free to comment below.