IN THIS POST
– Great Location
– Flexible Payment Plan
– Promising Investment Prospects
– Registration with FBR
– Top-Notch Facilities & Amenities
All set to transform the urban landscape of Lahore, the exceptionally well-designed and affordable project of Zameen Opal has quickly become one of the most sought-after up-and-coming developments in the city. As a testament to its popularity among genuine buyers and investors, the apartments in Zameen Opal are selling out at a rapid pace with only a limited number of residential units still up for grabs.
So, if you are looking for affordable property options in Lahore that not only promise high capital gains but also ensure a comfortable and quality lifestyle, you simply cannot miss out on this incredible investment opportunity presented by Zameen Developments – the real estate development arm of Emerging Markets Property Group (EMPG) and a sister concern of Zameen.com, the leading property portal in Pakistan.
Boasting a design palette inspired by the precious opal gemstone, the 9-floor-tall architectural marvel of Zameen Opal is situated in Land Breeze Society at the convergence of Main Raiwind Road. The contemporary façade, modern interior, peaceful surroundings, and top-notch development standards of Zameen Opal are only some of the factors that make it the hottest apartment project in Lahore right now.
Here is an in-depth look into the factors that have caught the eye of homebuyers and investors, resulting in the notable commercial success of Zameen Opal in Lahore.
Brilliant Location in a Well-Regarded Neighbourhood
‘Location, location, and location’ is the mantra of real estate investors everywhere – and needless to say, the location of Zameen Opal in Lahore is among its most prominent assets.
The stellar apartment complex is being developed at the junction of Land Breeze Housing Society and Main Raiwind Road. This puts it in the vicinity of the popular neighbourhood of Johar Town and the renowned commercial district of Gulberg. The upcoming residential project is also well-connected to some of the major arteries in Lahore such as the Lahore-Islamabad (M2) Motorway, Canal Bank Road, and the signal-free Khayaban-e-Jinnah.
Essentially, those living in Zameen Opal, Lahore, will enjoy easy access to well-known educational institutes, hospitals, restaurants, markets and recreational spots. For instance, Lahore Safari Park, one of the most popular tourist attractions in the city, is located about 4 km from Zameen Opal. Moreover, Shaukat Khanum Hospital, Lahore Expo Centre, and Lahore Ring Road are only a 5-minute drive from the modern apartment complex. The alternative route to Raiwind Road is only a 6-minute drive from Zameen Opal, while Allama Iqbal International Airport can be reached within 25 minutes, give or take.
Affordable Prices Topped Off With Flexible Payment Plans
Two of the most attractive features of Zameen Opal, Lahore, are its reasonably-priced residential units and convenient payment plans, which are also the biggest reasons why the apartments in this complex are selling out so fast.
The vertical development features studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments as well as a limited number of 4-bedroom split-level penthouses, each of which has been carefully designed to meet the highest standards of living in Lahore. Zameen Developments has also ensured the apartments in Zameen Opal provide maximum comfort and satisfaction to buyers while staying within their budget.
To make the project even more affordable, the management of Zameen Developments has recently revised the Zameen Opal payment plan by reducing the duration of its instalment plan by half a year. That means you will now be able to completely own your apartment even sooner.
Since this flexible payment plan is only available for a limited time, it has received a great response from domestic as well as overseas investors.
Furthermore, the down payment for the property in Zameen Opal, Lahore, has also been reduced from 30% to 20% of the total cost. Buyers will be required to pay another 15% on possession.
Promising Investment Prospects
Since the demand for apartments in Lahore is at an all-time high, those planning to invest in Zameen Opal can expect a high return on investment (ROI) in the near future.
Evaluating the data accumulated by Zameen.com over the past three years, it can be seen that the demand for apartments in Lahore increased dramatically by 127% between 2018 and 2020. This sharp hike led to a 50% increase in the average per sq ft price of these residential units during the same period. The average rental yield of apartments in Lahore, as of December 2020, stood at an impressive 7%.
The aforementioned stats paired with the real estate investment shift towards high-rises and the features of Zameen Opal make it easy to predict a 6-7% expected annual rental yield for this project. Moreover, the residential complex also promises projected capital gains of up to 60% in the next two years.
LDA-Approved and FBR-Registered Project
The meticulously planned project of Zameen Opal has been approved by the Lahore Development Authority (LDA) along with being registered with the Federal Board of Revenue (FBR) under the 2020 construction incentive package, which is yet another reason why this project has received such a warm response from investors.
While the approval from LDA solidifies its status as a secure investment avenue, the registration with FBR comes with numerous benefits for first-time buyers. For starters, those investing in Zameen Opal will be exempt from disclosing their source of income to the tax authority. Secondly, the developers who have registered under this scheme are required to complete their projects by September 2023, ensuring timely delivery of the residential units.
This is certainly a win-win situation for those interested in buying apartments in Zameen Opal, Lahore.
Top-Notch Facilities & Amenities that are Hard to Beat
A true manifestation of class and prestige, Zameen Opal is a gleaming gemstone in the crown of Lahore’s real estate market. Equipped with all the ultimate must-haves for high-end apartment projects, this residential complex flawlessly blends quality with affordability to offer its residents a wide range of contemporary features all under the same roof.
Some of these irresistible facilities at Zameen Opal include:
- Two basements reserved for car parking
- Solar-powered electricity backup for common areas
- Separate passenger and cargo elevators
- Rooftop garden and barbecue area
- Prayer area
- Children’s play area
- Clubhouse
- Swimming pool
- Mini cinema
- Restaurant with indoor and pool-side seating
- Well-equipped gymnasium
- Dedicated maintenance staff
- Modern fire fighting system
- CCTV surveillance
- Card access to the building
- ATM service
- Laundry service
- Grocery delivery
- Rent-a-car facility
- Valet service
The apartments for sale in Zameen Opal also feature high-quality fixtures and finishes, including porcelain flooring, air conditioners, walk-in closets and much more.
To conclude, the highly convenient and flexible payment plan, excellent investment potential, brilliant location, and state-of-the-art facilities are among the top reasons why apartments in Zameen Opal are selling out so quickly. The fact that it has been registered by the FBR is certainly the cherry on top.
If you don’t want to miss out on this lucrative investment option, make sure to book a unit in Zameen Opal by filling out the form appearing on the right-hand side of your desktop screen or at the bottom of your mobile page.
For more details regarding its payment plan and property prices, check out the official page of Zameen Opal, Lahore. Since we at Zameen.com always strive to help you make well-informed investment decisions, do not hesitate to share your concerns and queries with us at blog@zameen.com.
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