All you need to know about Dream Housing Society, Lahore

Dream Housing Society, Lahore by Chohan Developers is located along the areas towards which the city is fast expanding. It is one of the stars of affordable housing projects launched in the city this year. The society was launched earlier in the year with 3-marla, 5-marla, 7-marla, 10-marla, and 1-kanal residential plots and, 2-, 4-, and 5-marla commercial plots. Since then, it has been a favourite among middle-income genuine buyers. Indeed, in general, the project is more suitable for genuine buyers rather investors.

Location for Dream Housing Society

Dreaming Housing Society is located on main Raiwind Road, not far from Lake City and Bahria Orchard. Superior University Campus is situated opposite the society. Lahore Ring Road Adda Plot Interchange is also located at a 5-minute drive, giving it access to all the areas of the city.

Dream Housing Society Lahore Initial Blocks

As already explained, Dream Housing Society’s initial blocks were launched with both residential and commercial plots. These plots were launched with 3-year instalment plans where 3-marla plots are priced at PKR 1.6 million; the 5-marla plots are priced at PKR 2.6 million; 7-marla at PKR 3.4 million; 10-marla at PKR 4.7 million; and, 1-kanal plots at PKR 7.5 million. Meanwhile, the 2-marla commercial plots are priced at PKR 3.5 million; 4-marla commercial plots are priced at PKR 10 million; and, 5 marla commercial plots are priced at PKR 12.5 million.

Below is the detailed payment plan for these plots:

Plot Size	Processing Fee	Total Price	Down Payment	36 Monthly Instalments	Balloting	Possession
Residential plots
3 marla	5,000	1,600,000	350,000	29,000	100,000	106,000
5 marla	5,000	2,600,000	600,000	47,500	150,000	140,000
7 marla	10,000	3,400,000	700,000	65,200	200,000	152,800
10 marla	10,000	4,700,000	850,000	94,300	250,000	206,000
1 kanal	20,000	7,500,000	1,300,000	150,000	400,000	400,000
Commercial plots
2 marla	10,000	3,500,000	900,000	59,500	300,000	158,000
4 marla	20,000	10,000,000	2,000,000	194,500	500,000	498,000
5 marla	25,000	12,500,000	2,500,000	250,000	500,000	500,000

The files for these plots are available on an asking premium ranging between PKR 25,000 and PKR 300,000 depending on the location of the plot, according to Zeeshan Naveed of Green Wood Estate & Builders. Recently, a new block was also announced, namely Safari Block, but it does not have a proper payment plan yet.

Development, maps and balloting for Dream Housing Society

According to Zubair Ahmed of Property Point, balloting is expected at some point in December. Actually, while Dream Housing has been granted the PP1 NOC, its PP2 NOC is yet to be approved, so some of the matters have been put on hold.

Some of the work on ground has been done, but proper development is also pending due to the PP2 NOC. Similarly, there has been an unofficial map doing the rounds for a while, but without the approval, the official map is not going to be revealed either.

Are you looking to buy a plot in Dream Housing Society? Do you have any questions about it? You can talk to us in the comments section. You can also head to the Zameen Forum for a detailed discussion.

M . Shahid says:

November 8, 2018 at 11:32 am

IS it approved from LDA ?

They are selling file or plots ?
1. Muhammad Farhad says:
  
  November 8, 2018 at 11:42 am
  
  Approval is in process. PP1 NOC has been granted but PP2 is still awaited. They are selling files.
Jamil Aslam says:

December 24, 2018 at 1:00 pm

What are the latest update of Dream Housing Society? Has development started?
1. Muhammad Farhad says:
  
  January 3, 2019 at 5:37 pm
  
  We will update you about that soon! Please keep following the blogs!