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GCHF
Gatwala Commercial Hub , Faisalabad is Punjab’s biggest and Pakistan’s second largest mixed use, real estate project. It has a covered area of over 3.1 million sq. ft.

This mega project, designed and developed by Shah Nawaz Associates, is located, at the junction of Canal Expressway and Lahore Sheikhupura Road. The road in front of the GCH project, has an average traffic count of 30 vehicles per minute. become, the city’s next mega center for trade, commerce, industries as well as residential projects.

 

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Real Estate File Rates in Lahore

Pakistan has seen an exponential growth in demand for housing especially in urban areas. One of the major cities where this demand is highly reflected is in Lahore. In response to the rising demand, numerous housing societies have sprung up and are offering files for plots. Graana.com, Pakistan’s smartest property portal, looks at Lahore real estate file rates and instalment plans.

 

Real Estate File Rates in Lahore

Given below are some of the projects whose files are available on instalments:

Zam Zam City, Lahore

 

A GIS map of the Ovearseas Block of Zam Zam City

(Source: Zam Zam City)

 

Zam Zam City is a new residential project in Lahore and is marketed primarily towards the middle class (salaried class and government employees). Zam Zam Developers are developing the project.

Master Plan of the Society

The project is divided into five blocks. These are given below:
1. Executive Block
2. Royal Classic Block
3. Egypt Block
4. Overseas Block
5. Shohda Block

Payment Plan for Zam Zam City

 

GIS map of the Royal Classic Block in Zam Zam City

(Source: Zam Zam City)

 

The project has plots ranging from 3.5 to 16 marlas, and the payment plan is given below:

Payment Plan for Residential Plots
Plot Size Down Payment Monthly Instalment 6-Monthly Instalment Possession Total
4 Marla 240,000 12,000 60,000 260,000 1,400,000
5 Marla 300,000 15,000 75,000 325,000 1,750,000
8 Marla 480,000 24,000 120,000 520,000 2,800,000

 

The payment plan for commercial plots is given in the table below:

Plot Size Down Payment Monthly Instalment 6-Monthly Instalment On Confirmation (30 Days) Total Price
4 Marla 1,200,000 200,000 1,500,000 1,200,000 7,000,000

 

Iqbal Garden, Lahore

 

GIS map of Iqbal garden showing different blocks in the society

(Source: Iqbal Garden)

 

Iqbal Garden is a project of Grace Marketing and is located at the Kala Shah Kaku Motorway Toll Plaza in Lahore. The project does not have NOCs from the Lahore Development Authority (LDA) and Tehsil Municipal Administration (TMA).

Master Plan of the Society

The society offers plots from 3 marlas to 20 marlas in the residential blocks and 2 marlas and 4 marlas in the commercial block.

Payment Plan of Iqbal Garden

Payment plans for various blocks in the society are given below:

Payment Plan for Residential Plots (4 Years)
Plot Size Down Payment Monthly Instalment 6-Monthly Instalment Balloting Possession Total
3 Marla 200,000 7,500 45,000 75,000 100,000 1,095,000
5 Marla 300,000 11,000 75,000 150,000 175,000 1,750,000
10 Marla 600,000 18,500 150,000 275,000 400,000 3,350,000

 

The society also has a 2-year payment plan that is given below:

Payment Plan for Residential Plots (2 Years)
Plot Size Down Payment Monthly Instalment Quarterly Instalment Allocation Possession Total
3 Marla 520,000 15,000 50,000 110,000 110,000 1,500,000
5 Marla 800,000 20,000 100,000 210,000 210,000 2,500,000

 

Iqbal Garden has a 5-year payment plan for their Overseas Block that is given below:

Payment Plan for Residential Plots (5 Years)
Plot Size Down Payment Monthly Instalment 6-Monthly Instalment Balloting Total
3 Marla 200,000 8,000 35,000 225,000 1,260,000
5 Marla 300,000 11,000 49,000 300,000 1,750,000
10 Marla 600,000 25,000 49,000 300,000 3,500,000
20 Marla 1,000,000 40,000 160,000 1,000,000 6,000,000

 

The payment plan for a 4 marla commercial plot on the Main Boulevard is as follows:

Payment Plan for Commercial Plots
Plot Size Down Payment Monthly Instalment 6-Monthly Instalment Possession & Allocation Total
4 Marla 2,500,000 125,000 250,000 1,250,000 1,260,000

 

Kings Town, Lahore

 

GIS map of Kings Town Lahore

(Source: Pinterest)

 

Kings Town is one of the latest urban residential projects in Lahore and is being developed by Al-Kabir Developers. It is in Phase 3 of Al-Kabir Town and is located near Bahria Orchard and can be accessed from Raiwind and Ring Road.

Master Plan of Kings Town

The society spans over 175 kanals of land and has different blocks built around spacious parking lots, hospitals, schools, and lush green parks.

Payment Plan for Kings Town

Payment plans for plots in the Overseas Block are given below:

Payment Plan for Overseas Block (4 Years)
Plot Size Down Payment Monthly Instalment 6-Monthly Instalment Balloting Possession Total
3 Marla 250,000 15,000 100,000 300,000 630,000 2,700,000
5 Marla 350,000 25,000 150,000 500,000 1,050,000 4,300,000

Payment plan for plots in the Executive Block are given below:

Payment Plan for Executive Block (4 Years)
Plot Size Booking Monthly Instalment 6 Monthly Instalment Balloting Possession Total
8 Marla 600,000 50,000 125,000 800,000 1,200,000 6,000,000
10 Marla 800,000 65,000 150,000 900,000 1,230,000 7,250,000
1 Kanal 1,200,000 125,000 225,000 1,200,000 1,800,000 12,000,000

The payment plan for residential plots in B Block are given below:

Payment Plan for B Block (4 Years)
Plot Size Advance Monthly Instalment 6 Monthly Instalment Balloting Possession Total
3 Marla 200,000 15,000 60,000 400,000 600,000 2,400,000
5 Marla 300,000 30,000 80,000 600,000 1,020,000 4,000,000

Instalment plan for commercial plots in B block is given below:

Plot Size Advance Monthly Instalment 6 Monthly Instalment Balloting Possession Total
3 Marla 1,500,000 40,000 300,000 800,000 1,7800,000 8,400,000

 

Liberty Lands, Lahore

 

Google map of Liberty lands

(Source: Google Maps)

 

Liberty Lands is a project of Union Developers in Lahore and is located on Mian Jia Bagga Road. The society can be accessed from Ring Road, Raiwind Road, and Khayaban-e-Amin near Pine Avenue.

Payment Plan of Liberty Lands

The payment plan for liberty lands is given below:

Payment Plan for Commercial and Residential Plots
Plot Size Category Down Payment Monthly Instalment Total
2.66 Marla Commercial 1,195,000 850,000 7,995,000
5.33 Marla Commercial 2,275,000 1,590,000 14,995,000
5 marla Residential 475,000 340,000 3,195,000

 

Zaitoon Lifestyle, Lahore

 

GIS map of zaitoon city Lahore

(Source: Zaitoon City)

 

Zaitoon Lifestyle is a project by Zaitoon Group and is approved by LDA. The project is located on Jia Bagga Road next to Halloki interchange exit Ring Road. Adjacent to the society is Lake City, Etihad Town Phase 2, and Liberty Lands.

Payment Plan

Payment plans for the different plots are given below:

Payment Plan for Plots
Plot Size Booking Monthly Instalment 6 Month Instalment 24 Month Instalment Total
3 Marla 270,000 15,000 191,250 270,000 2,700,000
5 Marla 400,000 400,000 268,750 400,000 4,000,000
8 Marla 640,000 35,000 456,252 640,000 6,400,000
10 marla 700,000 40,000 490,000 700,000 7,000,000

 

For more information on Lahore real estate file rates, visit the Graana blog.

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