Plot for Sale in Model Town

Highlights of Model Town Lahore

• A well-planned neighbourhood with plots available in different sizes ranging from 10 marla to 3 kanal.
• The starting price of a plot for sale in Model Town Lahore is generally around Rs. 3 crore.
• The price of a commercial plot usually starts from Rs. 35 to Rs. 50 lacs per marla which is subject to change depending on the market conditions.
• This residential area comes under the jurisdiction of the Lahore Development Authority (LDA).

Price Trends of Plots for Sale in Model Town Lahore

This planned housing community is host to some of the best properties in Lahore with both residential and commercial plots available for sale. The price of these plots for sale in Model Town Lahore is on the higher side with a 10 marla residential plot usually costing more than Rs. 3 crores to the buyer. 

However, the price of the plot will vary according to the size or whether it is a corner plot. Generally, the prices of corner plots are higher compared to other residential plots in the housing societies which is the case here as well. 

For instance, a standard 1 kanal plot for sale in Model Town Lahore has a starting price of Rs. 5 crores. If it is a 1 kanal corner plot, it will probably cost the buyer much more. 

Price Comparison With Other Housing Areas

The price of plots for sale in Model Town Lahore is comparatively higher than in nearby areas like Faisal Town Lahore where the price of a plot starts from Rs. 2.5 crore. For example, a 10-marla residential plot in Faisal Town starts from Rs. 2.8 crore. On the other hand, the price of plots of similar size tend to exceed Rs. 3 crores. 

Types of Plots for Sale in Model Town Lahore

There are two types of plots available in the area which include

• Residential plot
• Commercial plot

Residential Plot for Sale in Model Town Lahore

Popular sizes of residential plots for sale in the Model Town include 10 marla, 1 kanal, and 2 kanal. 

Commercial Plots for Sale in Model Town Lahore

Some of the commonly available sizes of commercial plots include 2.5 marla, 8 marla, and 1 kanal. 

Places Near Model Town Lahore

Some of the key areas near this housing community are mentioned below.

Why Should You Buy a Plot in Model Town

The Model Town Lahore is well-developed and have limited residential and commercial plot options. Due to being a well-developed housing society, the prices of plots aren’t expected to increase much in future. Hence, if you’re looking to construct a house in Model Town, it is probably best to buy a plot in this prime gated community.