Lahore is the second largest city of Pakistan. It is situated on the north-eastern side of Punjab. It is known for its famous street food, historical buildings, festivities and old shopping centres. It is a city with many real estate opportunities. If you are planning to buy land in Lahore, then there are many options to explore. You can start with College Road, which is one of the longest roads in the city. Here, you will find many residential and commercial plots available for sale.
College Road also links to several other major residential schemes like Wapda Town and Eden Boulevard Housing Scheme.
College Road is one of the prime locations in the city, with regards to investment in plots as there are a number of 5 and 10 marla plots on College Road. The more popular of the two is 10 marla. You can either buy property here as an investment or make use of the plot for the construction of your dream home. For those who are looking for a more affordable deal, investing in 5 marla plots is a better option.
The plot prices, for 5 marla, start at PKR 34.5 lakh, going up to PKR 51 lakh. These plots are in high demand primarily because of their proximity to several other well-planned housing areas of Lahore, such as Revenue Employees Cooperative Housing Society and Nespak Society. For 10 marla plots, data shows a considerable increase in prices from June-Dec 2018. The price range for 10 marla plots, as of 2019, is PKR 60 lakh-PKR 3.5 crore.
Some of the best hospitals in the city are easily accessible from College Road, Lahore. Shaukat Khanum Hospital, Hafeez Hospital & Life Care Hospital provide top-notch healthcare facilities to the residents of the area. As the name suggests, College Road is an education hub of the city. There are several top-ranked educational institutes located in the area such as Lahore Grammar School, Dar e Arqam and The Educators. There are many reputable colleges and universities located on College Road, e.g., University of Education, Punjab College Road Campus, Muslim College of Commerce and KIPS College.
College Road, Lahore is surrounded by a number of restaurants. Whenever you feel like dining out, you can visit The Grill Spot, My Burger, Pizza Hut and Kukkar Nukkar. The Mamtu Restaurant, Hover Lounge, Al Fajar Food Point and Pizza n Chicks are also popular food joints located in this area. There are also some shopping malls near College Road, Lahore, like Al Haram Plaza, Amanah Mall, Zamzama Plaza and Ali Noor Plaza. For grocery shopping, you can visit Quality Superstore, Ideal Store and Ahsan Mart.
College Road is located on the southern side of Lahore. It acts like a bridge between PIA Society and Model Town, Lahore. Therefore, living in this area makes travelling to other parts of the city quite convenient and quick. There are many beautiful parks, such as NFC Central Park and Khudaish Park, nearby where you can go out for a morning stroll or an evening jog. Public utilities like gas, water and electricity supplies are readily available. But you have to be prepared for any sudden power outage or shortage of water in the city. Police stations near the area make sure to provide a safe and secure environment to the residents here.
Unlike other partially developed societies, College Road is a fully developed and meticulously planned area. The commute is easy and convenient since it is an important stretch of road that connects the surrounding area to other areas of the city. The plots on College Road are ideal for investment purposes, as the area is close to many popular sites like Lahore Gymkhana, Liberty Market and Qaddafi Stadium. As is the case with real estate in Pakistan, the closer a property is to an important, especially commercial, location(s), the more valuable it is.
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