Askari 10 vs. Central Park, Lahore: Which Neighbourhood is Ideal For You?

In this Post
–Askari 10 vs. Central Park – Facilities
–Prices in Askari 10 and Central Park
–Best Blocks In Askari 10 and Central Park

Now three-times the size of what it was a few decades ago, the city of Lahore offers many lucrative investment opportunities to property buyers. The expansion of the city in recent years has significantly boosted its real estate worth. Consequently, many upscale residential projects are now being developed in Lahore, mostly in its suburbs, ideally located away from the urban sprawl of the old city area. New real estate developments like Askari 10 and Central Park Housing Scheme are two of the finest examples in this regard. So, if you are also looking to buy property in Lahore, but can’t decide between the two aforementioned neighbourhoods, then we’re here to help. In this blog, we’ll attempt to settle the Askari 10 vs. Central Park Housing Scheme, debate and discuss property options and key features of both of these localities to help you make an informed decision.

So, let’s get started!

Askari 10 vs. Central Park Housing Scheme – Comparing the Living Facilities

Continuing our Askari 10 vs. Central Park, Lahore, debate we’ll take you through some of the most prominent features of these societies, which make each of these two neighbourhoods unique. The above-given table is an overview of what we are going to discuss below:

Facilities in Askari 10 

Askari, Lahore, has been purposefully developed for the retired officers. However, the option of buying and selling properties here is also open to civilians. Askari 10, which is one of Askari’s most popular, is a well-developed residential area, surrounded by some of the major roads in Lahore, including Airport Road, Ring Road, and Amjad Chaudhry Road. The society has been divided into 6 phases, from A to F. Like any other upscale neighbourhood in the City of Gardens, Askari 10 has been equipped with the following features:

• Army-regulated society
• Gated community
• Commercial centres
• Public parks
• Mosques 
• Near major road links
• Well-carpeted roads
• Robust infrastructure

Facilities in Central Park Housing Scheme

Constructed by Urban Developers, Central Park Housing Scheme boasts a mix of natural beauty and state-of-the-art infrastructure. It is a well-planned neighbourhood with strategically located property options. The development of this society is still in its initial stage, however, the construction work in the area is progressing at a satisfactory pace. Since, it is one of Lahore’s most popular gated communities, Central Park, Lahore offers the following living facilities to its residents:

• Proper Electricity Cabling and Wiring
• Well-maintained Water Filtration Plants
• Agile Security System with CCTV Camera Monitoring
• Gated Society with Automatic Barriers
• Parks Located All Over the Society (the Main Central Parks Spans Over 500 kanals)
• Public Waste Bins 
• Grand Jamia Masjid
• Central Park Medical College & Teaching Hospital
• Ample Parking Space
• Society’s Very Own Shuttle Bus Service
• 40 to 150 feet Well-carpeted Roads
• Public Library
• Solar Powered LED Street Lights

Average Prices of Property in Askari 10 and Central Park, Lahore

Now here comes a really interesting part, especially for those who are looking to buy property in Lahore as we are about to discuss the average property prices in Askari 10 and Central Park Lahore. For instance, if you are buying property in Askari 10, you will mostly come across ready-to-move-in houses. On the other hand, you’ll be offered a mix of both houses and residential plots for sale while investing in Central Park Housing Scheme. In the table given below, we have compared the real estate value of both of the neighbourhoods, side by side. 

Note: The values depicted in the tabular form above are based on the user data fetched from Zameen.com

Moving on, we’ll discuss the data given in the price table in detail. People looking for plots may have no options available in Askari 10, but in Central Park Housing Scheme, they have a variety of choices. For instance, if someone is looking to buy a 5 marla plot in the society, then they’ll be bearing an average cost of PKR 25 lakh. On the other hand, 10 marla plots for sale in Central Park, Lahore come with an average price tag of PKR 46 lakh. Bigger property options like 1 kanal plots for sale in Central Park, Lahore, are offered with an asking price of PKR 77 lakh.

Askari 10 is a fully developed neighbourhood that mostly features mid- and large-size residential units including 10 marla and 1 kanal houses, which are priced at PKR 2.2 crore and 3.8 crore, on average, respectively. On the other hand, houses for sale in Central Park Housing Scheme come in a range of sizes. For instance, if you require small property units, you can take a look at 5 marla houses for sale in Central Park, Lahore, which come with an average asking price of PKR 81 lakh. Similarly, the society also features bigger homes like 10 marla and 1 kanal residential units, which comes with an average cost of PKR 1.3 crore and 2.4 crore, respectively.

Comparing the Best Areas to Buy Property In Askari 10 and Central Park Housing Scheme

After taking a look at the comparison of average property prices in both of the localities, we can safely conclude that Askari 10 is a more suitable locality for homebuyers in Lahore than CPHS, which is a newly developed neighbourhood packed with lucrative investment opportunities. With a plethora of plots available for sale, CPHS can be an ideal choice for property investors in Lahore. Now, let’s continue with our comparison between the best areas to buy property in Askari 10 and Central Park Housing Scheme. We’ll first begin by discussing plots and then will move on to the houses.

Plots

As stated earlier, out of the two neighbourhoods that we are discussing here, only Central Park Housing Scheme features plots.

As per the data fetched from Zameen.com, Blocks A, B and D turned out to be the most popular blocks to look for 5 marla plots for sale in Central Park Housing Scheme with a cost of PKR 32 lakh, 23 lakh, and 21 lakh on average.

For buying 10 marla plots, Block A, C, and D remained the top-performing blocks in the society with average asking prices of PKR 55 lakh, PKR 34 lakh, and PKR 38 lakh, respectively. 

Similarly, Blocks A, B, and C appeared to be the most preferred neighbourhoods by property investors to looking to buy 1 kanal plots in Central Park Housing Scheme with an average investment of PKR 89 lakh, PKR 76 lakh and PKR 55 lakh, accordingly.

Note: Since Block A is located near the entrance of the society, property rates in it are a bit steep.

Houses

Continuing with our Askari 10 vs. Central Park Housing Scheme debate, let’s compare the best blocks of both of these localities with houses for sale along with their rates.

As per the data, we have collected, Blocks E, C, and B remained the most searched localities for 10 marla houses for sale in Askari 10, which have been offered at PKR 2.1 crore, PKR 2.53 crore and PKR 2.5 crore, respectively.

However, people looking for 1 kanal houses for sale in Askari 10 in mostly showed interest in Blocks F, A, and E, with an average investment of PKR 4 crore, PKR 4.1 crore, PKR 3.8 crore, accordingly.

The data in the table shows that, as of now, the Central Park Housing Scheme offers 5 marla houses for sale only in its Block A with an asking price of PKR 76 lakh on average. 

Blocks A, G, and F of Central Park, Lahore, are preferable for you if you are looking for 10 marla houses with a similar range of asking price hovering at PKR 1.3 crore on average.

Moreover, people looking for 1 kanal plots have mostly searched for Blocks A, G, and B that are offered with a price tag of PKR 2.3 crore, PKR 3 crore, and 2.4 crore, respectively.

This brings us to the end of our Askari 10 vs. Central Park Housing Scheme debate. We hope the information we have shared in the blog will help you with your property hunt. Feel free to share with us your queries and suggestions by emailing us at blog@zameen.com. We love it when our readers interact with us.

On a side note, if you are searching for other popular areas to buy property in Lahore, you can take help from our investment guides on Bahria Orchard, Fazaia Housing Scheme, DHA Rahbar and Lake City, Lahore. Moreover, we have also attempted real estate debates for other top localities in the City of Garden including Askari 10 vs. Fazaia Housing Scheme, Central Park vs. Johar Town Lahore and Askari 10 vs. Johar Town, Lahore.

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