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.

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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

 

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

 

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

Payment Plan for Residential Plots
Plot SizeDown PaymentMonthly Instalment6-Monthly InstalmentPossessionTotal
4 Marla240,00012,00060,000260,0001,400,000
5 Marla300,00015,00075,000325,0001,750,000
8 Marla480,00024,000120,000520,0002,800,000

 

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

Plot SizeDown PaymentMonthly Instalment6-Monthly InstalmentOn Confirmation (30 Days)Total Price
4 Marla1,200,000200,0001,500,0001,200,0007,000,000

 

Iqbal Garden, Lahore

 

GIS map of Iqbal garden showing different blocks in the society

 

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 SizeDown PaymentMonthly Instalment6-Monthly InstalmentBallotingPossessionTotal
3 Marla200,0007,50045,00075,000100,0001,095,000
5 Marla300,00011,00075,000150,000175,0001,750,000
10 Marla600,00018,500150,000275,000400,0003,350,000

 

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

Payment Plan for Residential Plots (2 Years)
Plot SizeDown PaymentMonthly InstalmentQuarterly InstalmentAllocationPossessionTotal
3 Marla520,00015,00050,000110,000110,0001,500,000
5 Marla800,00020,000100,000210,000210,0002,500,000

 

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

Payment Plan for Residential Plots (5 Years)
Plot SizeDown PaymentMonthly Instalment6-Monthly InstalmentBallotingTotal
3 Marla200,0008,00035,000225,0001,260,000
5 Marla300,00011,00049,000300,0001,750,000
10 Marla600,00025,00049,000300,0003,500,000
20 Marla1,000,00040,000160,0001,000,0006,000,000

 

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

Payment Plan for Commercial Plots
Plot SizeDown PaymentMonthly Instalment6-Monthly InstalmentPossession & AllocationTotal
4 Marla2,500,000125,000250,0001,250,0001,260,000

 

Kings Town, Lahore

 

GIS map of Kings Town Lahore

 

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 SizeDown PaymentMonthly Instalment6-Monthly InstalmentBallotingPossessionTotal
3 Marla250,00015,000100,000300,000630,0002,700,000
5 Marla350,00025,000150,000500,0001,050,0004,300,000

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

Payment Plan for Executive Block (4 Years)
Plot SizeBookingMonthly Instalment6 Monthly InstalmentBallotingPossessionTotal
8 Marla600,00050,000125,000800,0001,200,0006,000,000
10 Marla800,00065,000150,000900,0001,230,0007,250,000
1 Kanal1,200,000125,000225,0001,200,0001,800,00012,000,000

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

Payment Plan for B Block (4 Years)
Plot SizeAdvanceMonthly Instalment6 Monthly InstalmentBallotingPossessionTotal
3 Marla200,00015,00060,000400,000600,0002,400,000
5 Marla300,00030,00080,000600,0001,020,0004,000,000

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

Plot SizeAdvanceMonthly Instalment6 Monthly InstalmentBallotingPossessionTotal
3 Marla1,500,00040,000300,000800,0001,7800,0008,400,000

 

Liberty Lands, Lahore

 

Google map of Liberty lands

 

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 SizeCategoryDown PaymentMonthly InstalmentTotal
2.66 MarlaCommercial1,195,000850,0007,995,000
5.33 MarlaCommercial2,275,0001,590,00014,995,000
5 marlaResidential475,000340,0003,195,000

 

Zaitoon Lifestyle, Lahore

 

GIS map of zaitoon city Lahore

 

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 SizeBookingMonthly Instalment6 Month Instalment24 Month InstalmentTotal
3 Marla270,00015,000191,250270,0002,700,000
5 Marla400,000400,000268,750400,0004,000,000
8 Marla640,00035,000456,252640,0006,400,000
10 marla700,00040,000490,000700,0007,000,000

 

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

 

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