Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Lake City Lahore Latest Developments by Lahore Real Estate
08-11-2018, 07:02 PM
Post: #1
Lake City Lahore Latest Developments by Lahore Real Estate
Lake City Lahore has been a prominent project for some years now but had seen a slump in investment due to being too far from the main city. People were vary of the long distance they would have to cover to reach their offices which are obviously in the heart of Lahore. Most of the businesses are located in Gulberg, which is considered the best place for it being in the middle of Lahore and every corner of the city connects to it. Not all businesses are located in Gulberg but a majority of them are and it is witnessed people from all around Lahore come here for business or recreational reasons also.

Lake City Lahore Latest Developments
Consisting of eight blocks namely sectors M1 – M8, the total area of the housing project spans over 18,000 Kanals. With plots starting from 5 Marla, the housing project has the biggest plot size of 2 Kanal to offer. Possession is now readily available from sectors M1 – M3 completely. Possession is also being handed out to some owners of plots in M4 – M7.

Owing to high demand of property in Lake City Lahore, developers have announced extensions in the sectors but they are not yet ready to hand out possessions in the extended areas. Being the largest sector, M7 is now further divided into M7-A, M7-B and M7-C. M7-C is further extended to M7-C-1, M7-C-2 and M7-C-3.

According to sources, although people have paid full amount for M7-C-1 and M7-C-3 but they still have been given possession and no fixed date has been announced yet, so the owners of plots in these areas will have to wait now until an official announcement is made by the developers.

Sectors M1 – M6 are situated around the golf course and all development work here is now complete. Possession in the said sectors are available so if you are an owner of a property in the mentioned sectors and you still have to get possession, you can contact us for help and guidance. Prices in the possession ready sectors have significantly increased.

Prices Difference in 6 Months
Owing to the accessibility of Ring Road and other major developments in and around Lake City Lahore, the prices have a difference to where they stand now as compared to only 6 months ago. Below is an approximate difference for your consideration:

Plot size Price 6 months ago (in Rupees) Present prices (in Rupees)
5 Marla 3,700,000 – 3,800,000 4,400,000
7 Marla Under 5,000,000 6,500,000
10 Marla 6,500,000-8,500,000 7,000,000-9,000,000
12 Marla 7,500,000-8,500,000 8,000,000-9,500,000
14 Marla 9,000,000-9,500,000 10,500,000
1 Kanal 11,000,000 11,500,000
2 Kanal 29,000,000-32,500,000 35,000,000-42,500,000
Due to the construction of Ring Road, prices have seen a major incline. With a vital road provided to the society linking it with the rest of city, it is now within reach of everyone having property in Lake City Lahore or for the people now thinking to buy a plot here. It is recommended to buy in sectors where possessions are already available if you wish to construct a house immediately, or you can also buy in other sectors and wait for announcement as rates are relatively lower in such areas.


Lahore Real Estate ®

Ch Mujahid Yasin +92-322-4929992
You can reach me at +14086924710 on whatsapp or please use +16308024186 & +923224929992
UAN: 111 111 040
MB46 Main Boulevard DHA Lahore Phase 6.

Visit our 15-year-old 24/7 hour active property discussion forum.

https://www.lahorerealestate.com/ads/
Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  DHA Lahore Phase 9 Prism (G-Block) Update By Lahore Real Estate Dec 2018 LRE-Azan 0 12 Today 08:58 PM
Last Post: LRE-Azan
  DHA Lahore Phase 7 (CC-A5-Commercials) Update By Lahore Real Estate Dec 2018 LRE-Azan 0 16 Today 08:57 PM
Last Post: LRE-Azan
  NFC Phase 2 Lahore Latest Update By Lahore Real Estate Dec 2018 LRE-Azan 0 18 Today 03:33 PM
Last Post: LRE-Azan
  Lahore Property Prices Update By Lahore Real Estate ® 18 December,2018 LRE-Azan 0 50 Today 01:23 PM
Last Post: LRE-Azan
  Gwadar Golf City On Site Visit by Adnan Virk Of Lahore Real Estate® Dated 12th Decemb LRE-Azan 0 26 Yesterday 02:16 PM
Last Post: LRE-Azan
  LDA City Lahore Very Important Update On Case In Supreme Court Dec 15 2018 LRE-Azan 0 29 Yesterday 02:15 PM
Last Post: LRE-Azan
  Lahore Property Prices Update By Lahore Real Estate ® 17 December,2018 LRE-Azan 0 47 Yesterday 01:31 PM
Last Post: LRE-Azan
  Lahore Property Prices Update By Lahore Real Estate ® 15 December,2018 LRE-Azan 0 102 12-15-2018 01:51 PM
Last Post: LRE-Azan
  DHA Bahawalpur Inside Block Development Updates by Lahore Real Estate Dec 2018 LRE-Azan 0 80 12-14-2018 09:09 PM
Last Post: LRE-Azan
  DHA Bahawalpur Detail Discussion Talk Show by Lahore Real Estate Dec 2018 LRE-Azan 0 87 12-14-2018 09:05 PM
Last Post: LRE-Azan
  DHA Bahawalpur Development Slideshow Updates by Lahore Real Estate Dec 2018 LRE-Azan 0 62 12-14-2018 09:03 PM
Last Post: LRE-Azan
  Why Invest in DHA Multan by Lahore Real Estate Dec 2018 LRE-Azan 0 77 12-14-2018 05:38 PM
Last Post: LRE-Azan
  Lahore Property Prices Update By Lahore Real Estate ® 14 December,2018 LRE-Azan 0 117 12-14-2018 12:58 PM
Last Post: LRE-Azan
  DHA City Lahore Latest Update News : SC Orders DHA Administrator To Deliver Plots In LRE-Azan 0 67 12-14-2018 12:56 PM
Last Post: LRE-Azan
  Sui Gas Lahore Phase 2 Latest Update by Lahore Real Estate Dec 2018 LRE-Azan 0 77 12-13-2018 09:58 PM
Last Post: LRE-Azan
  DHA Lahore Phase 8 W Block 360 View Latest Update by Lahore Real Estate Dec 2018 LRE-Azan 0 77 12-13-2018 09:55 PM
Last Post: LRE-Azan
  DHA Lahore Phase 7 T Block latest Update by Lahore Real Estate Dec 2018 LRE-Azan 0 72 12-13-2018 09:12 PM
Last Post: LRE-Azan
  DHA lahore Phase 9 Prism J Block Latest Update by Lahore real Estate Dec 2018 LRE-Azan 0 71 12-13-2018 09:07 PM
Last Post: LRE-Azan
  Lahore Property Prices Update By Lahore Real Estate ® 13 December,2018 LRE-Azan 0 52 12-13-2018 09:04 PM
Last Post: LRE-Azan
  DHA Lahore Phase 9 Prism K Block Latest Update by Lahore Real Estate Dec 2018 LRE-Azan 0 99 12-12-2018 08:01 PM
Last Post: LRE-Azan

Forum Jump:


User(s) browsing this thread: 1 Guest(s)