Popular Areas of Lahore with Residential Flats for Sale
Lahore is a city that has great historical importance, it is referred as an ancient city with a background of old age architectural buildings and is also known as the city surviving through different ages until it became a crucial metropolis today. But this doesn’t mean that there are only old-fashioned structures in Lahore, the truth is that the city has evolved in past few years and today there stands high-raised buildings as well as apartments that are constructed as per latest infrastructural designs and concepts.
Lahore is a city that has great historical importance, it is referred to as an ancient city with a background of old age architectural buildings and is also known as the city surviving through different ages until it became a crucial metropolis today. But this doesn’t mean that there are only old-fashioned structures in Lahore, the truth is that the city has evolved in the past few years and today there stand high-raised buildings as well as apartments that are constructed as per the latest infrastructural designs and concepts.
The locals of Lahore can tell how much the city has evolved in the recent few years and how the city has renovated on the modern lines of real estate. But still, there are not many areas that are up-to-date and offer state-of-the-art designs and infrastructure. Therefore if you are searching for a flat in Lahore then finding the right one is difficult, at least as compared to the economic hub, Karachi. Finding a flat in Karachi or even in Islamabad now is not that difficult as compared to Lahore.
Lahore has expanded horizontally in recent years, due to lack of space in the city new buildings are constructed in apartment format. Today, we are going to bring the residential areas of Lahore into the limelight where you can find apartments for rent or where you can invest and purchase yourself.
The most searched area of Lahore in regards to apartments is DHA and all of its phases were Model Town, Allama Iqbal Town, Bahria Town, Faisal Town, Ichra Bazaar, Askari, and Johar Town have their own fan following for various reasons. The need for apartments is universal and people from every class live in apartments for once in their lifespan.
There are many reasons why people choose to live in an apartment, few of them are as follow:
- Renovation cost on apartments is less as compared to houses
- Apartments are easy to maintain and clean
- Apartments allow you to live at your desired level
Flats For Sale in DHA Lahore
In the flats search domain, Defence Housing Authority Lahore comes in top position. This year, nearly 25.5% of searches have hiked for property in DHA Lahore. Due to the prime location and the exceptional infrastructure of the housing scheme, there has been a very high demand for property in DHA Lahore. The residential area is divided into three important sub-areas or phrases that are most popular when it comes to flat purchasing or selling. The interest of people to buy property in DHA Lahore is increasing more and more, as it is one of the top real estate projects in the city. Property in DHA Lahore Phase is on top as sub-district having almost 36.3% searches, whereas property in DHA Phase 5 comes on the second spot with 22.1% of total searches, in the same stance comes property DHA Phase 8 on the third position with 9.5% searches of investors who are interested in investing for flats for sale in DHA Lahore. In fact, not just investors from Pakistan, but foreign investors have also shown an inclination for investing their funds in the real estate in DHA Lahore to get higher gains.
Property in DHA Lahore is gaining popularity more and more every day and those people who are preferring to uplift their living standards are opting for DHA Defence.
DHA has so much to offer for everyone. No matter if you are a young couple, or have kids, or live with your parents. Different types of apartments in different financial plans are the best solution for your family. Some of the most asked questions about apartments in DHA are as follow:
- For young couples, a single bedroom apartment can come within a range of PKR 1.15 crores to PKR 1.5 crores only.
- If you are looking for a two-bedroom flat then it will come in a range of PKR 1.22 crores to PKR 2.41 crores only.
- Larger flats that contain three bedrooms will cost you around PKR 1.4 crores to PKR 2.99 crores.
If the above-mentioned options are not a fit for you or you are looking for some other type of apartment, You can easily find any type of flats for sale in DHA Lahore. If you want to know more about the prices for real estate in DHA Lahore, get connected on ilaan.com to get the best deals.
Flats for Sale in Bahria Town Lahore
With the passage of time, Property in Bahria Town Lahore has gained a lot of attention and with the recent uplifting of the ban on the project, property in Bahria Town Lahore has become a favorite spot of investment in the field of property among the majority of the investors. This year the search for property in Bahria Town Lahore flats has raised to 7.7% in total. The popular areas of Bahria Town are Sector C, Sector B, and Sector D which are most searched by the potential investors with 31.2%, 21.1%, and 14.8% searches in total.
Property in Bahria Town Lahore is brilliant from an investment point of view, therefore, if you are looking for a single bedroom flat for sale in Bahria town Lahore then it will be priced around PKR 27 lacs to PKR 55 lacs only. Whereas if you are interested in a two-bedroom apartment in Bahria town Lahore that the price starts from PKR 52 lacs ranging to PKR 65 lacs only. Well, current real estate in Bahria Town Lahore is not offering a three-bedroom apartment.
There are several reasons why people choose to live in Bahria Town, and a few of them are as follow:
- Bahria is known for its high-level security system.
- Property prices in Bahria are comparatively low as compared to other residential areas of Lahore
- The latest infrastructure of Bahria Town attracts people
- Bahria town has its own market, community centers, mosques, parks, educational institutes, health, and medical institutes.
Property for sale in Allama Iqbal Town
When we talk about the best apartments for sale in residential areas of Lahore, Allama Iqbal Town stands at the top of the list. Allama Iqbal Town being a commercial hub provides more opportunities for successful businesses and more employment options. Two or more blocks of Allama Iqbal Town are specified for Apartments only. You will find a large range of diversified types of apartments for sale in Allama Iqbal Town in different dimensions and styles. These apartments are built many years ago but their renovation, annually, and biannually maintenance keep them as good as new.
Chenab Block, Huma Block, and Umar Block of Allama Iqbal Town are precisely famous for the best apartments for sale in Iqbal town and allows you to keep up with the best lifestyle. The postal code for Allama Iqbal Town is 54570.
Benefits of living in Allama Iqbal Town
- Allama Iqbal Town is a commercial hub of the city and provides maximum employment opportunities.
- Located in a very prime location
- Different prices that make them easy on the budget
- Different design of apartment on every floor
- An increase in land value gives more chances of better investment opportunities.
Flats for Sale in Askari Lahore
Askari is one of the most secure residential areas of Lahore that is actually managed by the Armed Forces of Pakistan. It is a well-maintained and well-constructed housing project and is definitely an ideal spot for purchasing a flat. It is the third hot spot to invest in the real estate of Lahore, especially when it comes to apartments. The area has a percentage of 4.6% total searches. The areas that are recommended are Askari 11 having 46.9% of total searches, whereas Askari 10 comes on the second number having a total of 33.1% searches and Askari 5 at third having 6.7% searches in total from potential buyers all over the country.
The drawback can be that Askari doesn’t offer flats for small families as they don’t have single bedroom flats or two-bedroom apartments. They offer three bedrooms flat that you can purchase at a price of PKR 1 crore to PKR 2 crores only. On the other hand, Askari offers four-bedroom apartments as well for bigger families that will cost you around PKR 1.3 crores to PKR 2.1 crores only.
Reasons to live here:
- Army area – automatically leads it to best areas of the city
- Wide accommodation
- Highly protected area
Flats for Sale in Johar Town Lahore
Johar Town is an old residential area of Lahore but it offers a few state-of-the-art infrastructure buildings and apartments. Johar Town ranks as the fourth-best residential area of Lahore to purchase flats with nearly 3.9% of total searches. Phase 2 of Johar Town is the most popular area when it comes to apartment purchases, having 53.1% of total searches. Phase 1 of Johar Town is also not far behind, it has 45.4% of total searches.
The flat scheme is new for Johar Town, therefore, there is not much variety at the moment. Though the administration plans to construct more bedroom apartments in the future currently they offer only single bedroom flats for sale in Johar Town Lahore for both Phase 2 and Phase 1 as well. The price ranges from PKR 22 lacs to PKR 38 lacs only.
Reason to live in Johar Town
- Located in the most demanded area of the city
- Wide collection of properties
- Keeps you connected with the market
Property For Sale in Model Town Lahore
Model Town Lahore is the last and the fifth famous residential area of Lahore when it comes to purchasing flats. You can get flats for sale in Model Town Lahore easily. It is a well-maintained and guarded housing scheme that has a total of 2.5% searches from potential buyers. Block K of Model Town is most famous with 10.9% total searched that is followed by Model Town Link Road on the second number with a total of 10.7% searches in percentage. Block Q is the third-best spot to purchase flats with an average of 9.6% of total searches. It is an old residential area of Lahore and therefore offers only two-bedroom apartments that cost around PKR 25 lacs to PKR 50 lacs only. There is no option for newly married couples or larger families, however, the modern state-of-the-art designed two-bedroom flats are popular in Block K, Block Q, and Model Town Link Road.
Reasons to live in Model Town
- Located in the center of the city
- Keeps you connected with the canal bank road and Ferozepur road
- Land value gives the best investment opportunities
When we talk about the business from the initial level to the expert level Ichra Bazar stands out the rest you will find an infinitely wide range of apartments for sale in Ichra. This place beholds great value in the history of Lahore. Ichra provides employment opportunities to millions of people. This place is very economical and people from all over Lahore come here for shopping. From crockery, every kind of clothes, jewelry, suitcases, too many other things, Ichra is the best solution. Residential plots for sale in Ichra are available at different prices and dimensions. These plots are ideal for bachelors, as the area is quite rush full. The postal code for Ichra, Lahore is 54000.
Reasons to live here:
- Best prices for every kind of apartment
- Located in the main bazaar that provides everything from grocery to clothes.
- Ideal for bachelors
- Connected with Metro Station
Garden Town Lahore was found in 1960 by Lahore Development Authority. It is quite close to Canal Road and the place is popular amongst businessmen since the beginning. With the passage of time, different sorts of people started settling down there and the area became famous amongst all religious and professional groups and ethnicity.
Garden Town is quite famous for the flats for sale convenience in the area, especially when it comes to the flats for sale in Residential area. The postal code of Garden Town Lahore is 54700.
Reasons to live here:
- The best area for students
- Wide range of apartments
Faisal Town Lahore
Faisal Town Lahore is quite famous for its food points, restaurants, major offices, and last but not the least, flats for sale in the area. These flats are for families with full-fledged space to reside inconveniently. There are some flats in Commercial Area, while other flats are for sale in a residential area of the town.
The middle class mostly prefers these flats because they are quite economical to buy, and the entire family can settle down in these flats which provide 3 bedrooms, bathroom, lounge space, and storeroom. The postal code of Faisal Town Lahore is 54770.
Reasons to live here:
- Wide range of flats at lower prices
- Best locality
- Connectivity with Johar Town, Link Road, and Canal Bank Road.