Lahore is one of the oldest cities in Punjab. It is also known as the City of Gardens, home to a number of famous parks and ancient buildings. After Karachi, Lahore is the largest city of Pakistan with over an area of 1,772 square kilometres. Being a populous urban city, the real estate of Lahore has been always been a busy market. In addition, the recent development work by the government to improve the city’s infrastructure — motorways, flyovers, and beautiful green parks — has also attracted the attention of investors and homebuyers from across the country.
When it comes to investing in Lahore’s property, one of the most popular and well-developed localities in the city is Johar Town. It lists among the largest and most affluent residential projects by the Lahore Development Authority (LDA). Despite the fact that Lahore has a vast range of modern residential communities, buying a property in Johar Town Lahore tops the list of many homebuyers because of the society’s unique features.
Johar Town is divided into two sub-divisions, Phase 1 and Phase 2, both of which offer high-end residential properties. Each phase is further divided into several blocks, where a large number of houses are available for sale. Since every buyer has different requirements, in terms of area and the number of beds, Johar Town offers a variety of options to choose from. Houses available for sale range from 3 marla to 2 kanal. However, the most in-demand units are of 5 and 10 marla and 1 kanal. There are single and double-storey houses having access to almost all basic amenities. Houses have beautifully designed exteriors and interiors. Bedrooms have attached baths. Different flooring options are also available. Some luxury houses may even have bathrooms with Jacuzzi bathtubs.
Since Johar Town is an upscale locality, the prices of houses are quite high. Houses that are close to Shaukat Khanum Hospital and Emporium Mall have a higher cost than those located on the other sides of the town. If you’re planning to buy a 5 marla unit, you should have a budget of PKR 70 lakh-PKR 2.45 crore. A contemporary-style 10 marla house for sale can be found in the range of PKR 1.15 crore to PKR 3.25 crore. Similarly, the sale price of a 1 kanal home starts from PKR 2.5 crore, and can get as steep as PKR 17.5 crore. Prices tend to increase, depending upon the location, condition of the house and its area size.
Lahore Grammar School, Beaconhouse School System, LACAS, The City School, etc. are some of the top-notch schools that are located in Johar Town Lahore. Numerous institutes providing higher education are also present in the area such as University of Management and Technology, Allama Iqbal Medical College, and UCP. The area is also dotted with several healthcare facilities. The world’s largest charity operated cancer hospital, Shaukat Khanum, is also present in the society.
Johar Town holds considerable importance in the real estate market of Lahore. Wide carpeted roads, availability of basic amenities, lush green parks and a serene and clean environment make it a much-desired place to live in. Also, the area has tight security, mostly owing to the presence of Expo Center, where national and international events are held throughout the year. The locality is also monitored 24/7 by CCTV surveillance system.
Being a well organized and well-developed community, Johar Town is home to a number of commercial buildings, restaurants, banks, cafes, offices etc. One of its main tourist attractions is Lahore’s largest shopping mall – The Emporium Mall. Residents can enjoy shopping from more than 200, local and international retail outlets. Hyperstar is also located in the mall where you can go grocery shopping. The area also houses a number of international and local food chains such as Pizza Hut, KFC, McDonald’s, and Charcoal Delight.
Investing in Johar Town’s real estate is profitable, primarily because residents have easy and quick access to basic facilities such as schools and colleges, hospitals, malls, etc. Although it’s a posh community where residents usually drive their own cars, public transport is also easily accessible in the area. Plus, the environment is generally quite peaceful and there is less noise pollution, compared to the rest of the city. Also, buying a house in Johar Town brings you closer to the Expo Centre, where you can be a part of various local and international events.
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