House for Sale in People Colony Faisalabad

Highlights of Peoples Colony Faisalabad

• In Peoples Colony Faisalabad, you can easily find houses starting from 3 marlas, along with 5 marlas, 7 marlas, 10 marlas,  14 marlas and 1 kanal houses in the area.
• Peoples Colony is an FDA-approved project and is a fully developed area.
• You can expect to find a house for sale in peoples colony starting from roughly Rs. 1 crore and going upto Rs. 8 crores. 

Price Trends for Houses for Sale in Peoples Colony Faisalabad

Coming towards the pricing of houses for sale in peoples colony, the expansion in population has majorly affected the real estate market, hence the hike in prices. Other than that, the colony’s location is of prime importance which adds to its price being increased by several folds. 

Peoples colony is an FDA-approved project and is a fully developed area. Following are the price trends of houses for sale in Peoples Colony Faisalabad in detail. 

3 marlas

If you’re looking for a small house on a low budget, 3 marla is the minimum size for a house in Peoples Colony Faisalabad. Besides being convenient in size, the house also costs less, generally starting from around Rs. 90 lacs and onwards.

5 marlas

For small families, the best option to look around for in Peoples Colony Faisalabad are 5 marla houses. These double-storey houses can be found both as a single unit or as double units. The price for 5 marla houses starts from roughly Rs. 1.2 crore.

7 marlas

7 marla houses are a great investment if you are looking for a decently sized house. These medium-sized houses in Peoples Colony Faisalabad are typically priced at around Rs. 4 crores.

10 marlas

10 marla houses offer much more footage. In Peoples Colony Faisalabad, you can find double-storey 10 marla houses that are priced at around roughly Rs. 6 crores and higher.

14 marlas

14 marla houses for sale in Peoples Colony Faisalabad are a good option for those that are looking for a spacious house to live in, yet have a relatively tight budget to work with. The prices for 14 marla houses start from Rs. 4 crore and go up to 6 crores on average. 

1 kanal

For a 1 kanal house for sale in Peoples Colony Faisalabad, the prices typically range from Rs. 7 crores and go up to Rs. 8 crores. These multi-storey houses are spacious and an excellent option to live in keeping in mind the proximity to nearby shopping centres, schools, and other commercial areas.

Price Comparison of Peoples Colony to Surrounding Areas

The surrounding localities around People’s Colony which are popular include the famous Jinnah Colony, Wapda City, and Satiana Road, just to name a few. 

Compared to Peoples Colony, Jinnah Colony is relatively less costly. The average price for a 10 marla house in Jinnah Colony costs around Rs. 3-3.5 crore, whereas in People’s Colony, it costs over Rs. 4 - 6 crores on average.

Similarly, taking into account the houses of Wapda City, the estimated price for 10 marla houses is Rs. 3.5-5 crore. The houses in Wapda city are relatively newly built or renovated, placing the overall value of the society much higher. 

Types of Houses for Sale in Peoples Colony Faisalabad

Among houses for sale in Peoples Colony, you can explore different sizes of houses in the area. Peoples Colony is one of the most upscale and well-kept areas in Faisalabad, which is why houses in this area are typically higher in cost as compared to other societies in the city. 

In Faisalabad, you can easily find houses starting from 3 marlas and ranging to 1 kanal. Peoples Colony is a relatively old colony as compared to new developments in the city, however, it is still an expensive area.

Places Nearby People’s Colony

Why You Should Get a House for Sale in Peoples Colony Faisalabad 

Peoples Colony Faisalabad is a beautiful and serene residential area that is dotted with parks and greenery, in combination with well-kept roads. 

The area falls in close vicinity to the most popular commercial area in the city, D Ground. D Ground is a semi-circular commercial space that is built on the boundary of a stadium and is home to restaurants, mobile shops, and clothing stores.

Moreover, given that the colony is one of the cleanest and most well-maintained areas in the city, its value is also high as compared to other areas in Faisalabad.