Home » Real Estate Trends » Best Areas in Lahore for Investing in Apartment Projects
Owing to the increasing demand for housing and to prevent urban sprawling in Lahore, the government of Pakistan is encouraging more vertical developments in the city. This shift towards high-rise developments will help the economy in the long run by saving precious land that can be used for different purposes such as forming green belts and creating more entertainment avenues. The vacant land can also be used in agriculture and cattle farming, thus ensuring food security and contributing to the economic growth of the country. Some of these benefits of vertical cities and the shift in real estate buying trends in vertical developments have prompted many real estate developers to build new apartment complexes in Lahore.
For your convenience, we have brought some of the best areas in Lahore for investing in apartment projects.
Let’s take a look.
Top Areas in Lahore for Investing in Apartment Projects
Some of the most popular areas to buy apartments in Lahore are as follows:
Gulberg, Lahore
Gulberg, Lahore, is a beautiful residential area in the heart of the city. It enjoys a prime location being close to Gaddafi Stadium, MM Alam Road and Liberty Market. Gulberg is setting a new trend in the construction industry. Gulberg, Lahore has gradually become the city’s thriving business district featuring corporate offices, hotels, commercial outlets and modern apartments. This is why it remains the fifth most popular area in Lahore among buyers looking for apartments for sale on Zameen.com.
There are five sub areas in Gulberg, out of which Gulberg III is quite popular among investors, and home buyers interested in apartments. There are many family apartments near PAF Complex in Gulberg III in Block L that have turned investors’ heads, including Oyster Court, Hyde Park, Casa Reina, Address 73 and Zameen Aurum. Among these projects, Zameen Aurum is a one-of-its-kind vertical project with modern amenities, promising a high-end lifestyle that is in tune with the ideal location of Gulberg III.
What Makes Zameen Aurum Unique
Located in Gulberg III – the heart of Lahore, Zameen Aurum enjoys a prime spot in the immediate vicinity of PAF Complex. Good educational institutions, top-notch healthcare facilities, shopping centres, markets and recreational avenues are within easy reach. A 5-minute drive from M.M. Alam Road and Centre Point and only 6 minutes away from Gaddafi Stadium
Designed along modern lines, Zameen Aurum has three basement floors with expansive parking space, a ground floor and 11 floors featuring various residential units suiting everyone’s needs. You can either book a studio, 1-bed, 2-bed, 3-bed luxury apartment or choose between extravagant single-storey and duplex penthouses in Zameen Aurum, depending on your requirements.
That’s not all. The project also offers fitness facilities like a yoga centre, gymnasium, spa and sauna as well as reinvigorating views of the beautiful city of Lahore to ensure both physical and mental well-being.
Just like Block L, Block H is also home to several high-rise developments and high-end apartment projects. The location is considered ideal for families as there are many colleges, schools, eateries, top quality restaurants and modern hotels in this block, providing all the facilities needed for a comfortable living.
DHA, Lahore
DHA, the most popular area of choice among both investors and buyers from Pakistan as well as overseas, is one of the poshest residential areas in Lahore. The DHA management is among the first few authorities to make some significant changes in its building bylaws for commercial plots which are in accordance with PM Imran Khan’s vision of vertical cities.
From the initial four phases, DHA Lahore has expanded beyond Phase VI – XIII. DHA Phase VIII is located next to the Allama Iqbal International Airport on Lahore Ring Road and is therefore considered one of the top choices for investment in high- and mid-rise developments.
Zafar Ali Road
A well connected road offering a prime spot for commercial outlets and residential properties. The proximity to Gulberg V, contributes to the peaceful, serene environment. Lahore Gymkhana is off Zafar Ali Road, providing world-class amenities such as modern gymnasium, swimming pool and tennis court.
Moreover, Lahore Cantt is also located near Zafar Ali Road, making it an ideal spot for investment both for residential and commercial purposes. There are renowned hospitals, top-notch schools, higher educational institutes and modern, luxury hotels, commercial outlets, shopping avenues and many food outlets near Zafar Ali Road, increasing its commercial value.
Raiwind Road
An important artery of Lahore, teeming with new residential projects, it is believed to be the most suited location for real estate investment in Lahore. That is why many investors consider buying properties on Raiwind Road.
Recently, many apartment projects were launched here. You will also find a mix of plots and high-rise apartments on Raiwind Road. The road is also connected to top housing societies like Bahria Town, Bahria Orchard and Lake City, Lahore. There are parks, shopping malls, schools and numerous mosques to facilitate the residents living on Raiwind Road. It also has a low-cost apartment project i.e. Lahore Fortress Apartment Homes, which offers all amenities well-suited for a comfortable lifestyle.
Johar Town
Named after Mohammad Ali Johar, a densely populated area, Johar Town is quite popular among people seeking affordable residential options. Almost all sorts of amenities are available in Johar Town that ensure comfortable living. There are various public transport options, community parks, markets, schools and fitness institutes catering to the ever-increasing population of the neighbourhood. Many real estate developers have constructed various low-cost apartment projects in the area to fulfill the demand of housing in this popular locality.
We hope our guide to the best areas and roads in Lahore for investing in apartment projects would prove fruitful to you. Make sure to subscribe to the Zameen Newsletter appearing on the right-hand side of the page. Stay tuned to the best real estate blog in Pakistan. Do write to us at blog@zameen.com and we will surely get back to you.