Commercial Properties for Rent in Ilahiabad Faisalabad

House for Rent in Faisalabad

Originally known as ‘Lyallpur’, Faisalabad is the third-largest city of Pakistan located in the northeast of Punjab. It is one of the busiest metropolitan cities in the country with a massive population of 3.2 million people.

Faisalabad is among the very first cities designed by the British during the colonization period. The city’s infrastructure is set around the infamous clock tower, which is an architectural building designed in the British era. Eight streets project from the clock tower, which are paved with bazaars, and eventually, the city is spread around. 

About Faisalabad

Faisalabad is renowned as the hub of the textile industry and agriculture in Pakistan. It is the core manufacturing focal point for industries that manufacture fabric yarn, sugar-flour ghee paper, and chemicals.
With its well-established textile industry, sugar mills, and extensive agricultural network, the city contributes significantly to the economy of Pakistan. Faisalabad is perceived as a hub for material business in Pakistan. Because of this, it is also titled the  ‘Manchester of Pakistan. The city offers a vast variety of employment and business investment opportunities which is why many people choose to live here.

Why Should You Rent a House in Faisalabad? 

The main factor that attracts people to live in Faisalabad is the quality lifestyle and high employment rate. As more and more people migrate to the city, the demand for renting a house increases significantly.

Renting a house in the city is a better option than buying a house, especially for those who plan to settle in the city temporarily. Most of the population who rent houses comprises immigrants, students, and people belonging to the working class from different regions of the country.

Rental houses are easier to maintain and require less management based on the fact that the contract requires landlords to bear repair and maintenance costs. You can easily choose your pick of rental houses from multiple affordable options available in the city.

Types of House For Rent in Faisalabad

The real estate market in Faisalabad is expanding because of the rise in population. Options varying in size and amenities are available for rent. The demand for 2 bedroom houses for rent is high in the city. Such houses are ideal for small families, migrant employees, and students. 

Houses usually are available in four standard sizes; 5 marlas, 8 marlas, 10 marlas, and 1 Kanal. 

Several housing schemes offer modernly designed houses at affordable prices. You can easily get a 5 marla house for rent with lush greenery and other facilities at affordable prices. The city has many safe gated societies. Some of the famous locations are  Eden Gardens, Sargodha Road, Paradise Valley, Khayaban Colony, Officer Colony, Kohinoor City Raza Gardens, Madina Town, and People's  Colony. You should consider a house in one of these locations.

Price Trends of Houses for Rent in Faisalabad

For tenants in the city, it is important to be aware of the rental trends in terms of price and demand. The rental prices may vary based on the location, size, amenities, and basic facilities. The average rent for a 5 marla house falls between Rs 10,000 to 45,000. 

When looking for an 8 marla house for rent in Faisalabad, you may need a budget of  Rs 20,000 to 70,000. The standard rental price for 10 marla houses starts from 24,000 and goes up to 1 lakh. On the other hand, to rent a house of 1 Kanal you should have a budget of Rs 45,000 to 1.5 lacs.

Educational Institutions in Faisalabad

While renting a house in a city, one always thinks of nearby educational institutions. The city has top educational institutions offering quality education and the best academic services to students. University of Agriculture Faisalabad (UAF) is the number one agriculture university in Pakistan. Students who are eager to pursue agricultural studies especially come to UAF from all over Pakistan. 

However, there are other popular institutions in the city including NFC Institute of Engineering and Fertilizer Research (NFC-IEFR), University of Engineering and Technology, Faisalabad Campus, University of Faisalabad, Aziz Fatimah Medical and Dental College, National Textile University, Independent Medical College, and SKANS School of Accountancy.

Hospitals & Clinics in the City

The bigger the city, the more facilities one can easily find. Healthcare is a basic need that everyone prefers while renting a house in any city. Faisalabad is a city with highly facilitated hospitals that have well-trained and qualified medical staff. 

Some of the best hospitals amongst a vast variety in the city include:

• Shifa International Hospital Ltd
• Allied Hospital Faisalabad
• Rathore Hospital
• Doctors Specialist Centre
• Government General Hospital 
• Samanabad
• Faisal Hospital
• Chiniot General Hospital
• Punjab Social Security Hospital
• Children Hospital
• Institute of Child Health Faisalabad

Shopping Options in Faisalabad

Because of Faisalabad’s reputation as the textile hub of Pakistan, it attracts textile merchants from all over the country. The city produces multiple kinds of textile products which are sold not only locally but also internationally. 

Some famous textile products of the city include bedsheets, clothes, rugs, etc. People from all over the country, especially businessmen come to the city looking for the best deals in the textile market. 

In the eight bazaar streets around Faisalabad’s clock tower, which are paved with shops, people have easy access to everyday items. The city has multiple shopping malls which offer everything from affordable shopping to luxurious brands.

The best shopping places in the city that you should consider while shopping includes;

• Mall of Faisalabad
• The Grand Atrium Mall
• Lyallpur Galleria, Carrefour Faisalabad
• Pearl City
• Kohinoor Shopping Centre
• Pakistan Shopping Solutions
• Goraya Shopping Center
• Paradise Atrium
• Star Shopping Plaza

Recreational Facilities in Faisalabad

Faisalabad has great options when it comes to recreational facilities. For people who love architecture and history, Faisalabad’s clock tower is one of the oldest landmarks located in the centre of the city. It is very well maintained; and is one of the few landmarks to have survived from the British era. 

The Faisalabad Lyallpur Museum is another main attraction that beholds the old heritage and traditional items. The museum is open to everyone, whether the local population or outside visitors. Some other attractions include the D-Ground Park Heaven, View Farm House, FunZone Amusement, Gatwala Park, Model Bazaar - Fun Dunya, Khurrianwala Sports Complex, and Sindbad Wonderland. These recreational places are a great option to spend some quality time and enjoy with your friends and families.

Transportation facilities in Faisalabad 

Faisalabad has a very well-maintained and well-designed structure of roads that connects multiple routes. These roads although well-made, are paved with local fruit and garment stalls across the city. This can add to the crowd of the city, making the traffic commute less smooth than normal. The most commonly used mode of transportation is Hiace and rickshaws which are readily available around the city.

Besides this, other options that people use are different cab services including Careem, Uber, etc.

Considering the easy availability of necessities and amenities in the city, Faisalabad is a great city to explore for job opportunities or to set up a business. You can easily rent a house as you move to the city and enjoy a comfortable lifestyle.

For more information regarding housing in Faisalabad, follow Graana.com.