With dozens of high-rise and mid-rise developments taking place across the metropolis, it is the dawn of the new era for the urban landscape of Lahore. The property market of the city has embraced the real estate investment shift from plots to high-rises wholeheartedly, modifying its dynamics accordingly and demonstrating exemplary adaptability.
The recent advancements in real estate construction practices paired with the noteworthy popularity of the urban centres in Lahore have resulted in an extensive transformation of the city’s property market. As predicted, the investors have positively responded to all these game-changing developments due to which, significant upticks have been observed in the demand in many different segments of Lahore’s real estate.
The user-data collected from Zameen.com—Pakistan’s most trusted property portal—speaks volumes about the ballooning popularity of commercial and residential properties in Lahore. Scooping up and summarising the fluctuations observed in search volumes between 2018 and 2020, a phenomenal 106% increase has been recorded in the demand for shops in the city, taking their average price per square foot up by 20%.
Similarly, the search trends for apartments in Lahore has also witnessed an impressive jump of 127% in the last three years. These up-and-coming developments also have great potential for converting into rewarding outcomes as the average price of flats in the city rose up by 50%.
In the wake of the rapid progress of the local property market, there are over 30 mixed-use developments currently under construction, which will be towering the skyline of Lahore in the near future. Well, now is a great time to tap into this highly lucrative market to harness its true potential. So, to help you in this regard, we’ve handpicked five of the best mixed-use projects in Lahore for investment in 2021. In this blog, we are going to explore them all in detail one by one.
So, without further ado, let’s get started!
5 Most Rewarding Mixed-use Projects in Lahore for Investment in 2021
We’ll now list down and discuss the up-and-coming best mixed-use developments in the City of Gardens.
- Zee Avenue
- Square One
- Al Hayat Center
- City Star Shopping Centre
- Grand Square Mall
Zee Avenue, Lahore
Envisioned as a fully-featured mixed-use development with a spectacularly designed facade, Zee Avenue is one of the most anticipated real estate projects in Lahore. Spanning 11 kanal, the project has been planned as a twelve-storey tower.
The crowning glory of Zee Avenue is the availability of hotel apartments with the largest bedroom sizes ever where you will be able to experience the amazing hospitality of Ramada Hotel and Suites. It’s an international chain of hotels with over 800 establishments in 63 countries around the world.
Location is also one of the key highlights of this grand-scale mixed-use project in Lahore. Connected with the main Cooper Road, it enjoys a prime location near Punjab Assembly. It’s also only a 3-minute drive from Mall Road, falling in proximity to most of the city’s major commercial hubs.
Investment options in Zee Avenue are based on 1-bedroom deluxe apartments, 1-bed normal and executive suites, shops on multiple levels as well as offices. A large part of the inventory of this real estate project has already been sold out. So, if you want to get hold of this investment opportunity, you need to act fast. To learn more about Zee Avenue and the available property options in it, head over to its official page.
Square One, Lahore
Bringing a fully functional shopping mall and hotel apartments under one roof, Square One is another mixed-use development in the metropolis of Lahore that has drawn the attention of investors from all around the country. Like any other ultramodern project in the city, it has been well-equipped with amenities and is planned to house many of the world’s leading shopping brands to provide a seamless shopping and recreational experience to the visitors.
Best of all, Square One promises to provide an unconventional experience as a residential complex based on the ultimate convenience of hotel apartment suites paired with world-class facilities.
Facing the 300-ft wide main MM Alam Road in the heart of one of Lahore’s most central business districts, it is a very well-located investment opportunity. These factors make it among the most prominent mixed-use developments in Lahore.
With marvelously structured interiors and an excellent location, Square One makes an ideal project for both commercial and residential investment. Zameen.com, the official sales and marketing partner for Square One, has sold out the entire project inventory. Some of these units are now available for resale. You can check our listing pages for Square One to check if you are lucky enough to purchase one right now
Al Hayat Center, Lahore
The name of Al Hayat Center has also recently become highly popular in terms of top-notch mixed-use developments currently taking place in Lahore. The project not only features super luxurious residential apartments but also well-structured commercial outlets on its ground and lower ground floors.
Like all the other projects in this list, Al Hayat Center is approved by the Lahore Development Authority (LDA), making it one of the safest investment options in the city. The construction of this five-storey residential and commercial building is almost complete and properties in Al Hayat Center are ready for possession.
Located in Block C of the PIA Housing Scheme, Al Hayat Center is surrounded by one of the city’s most sought-after neighbourhoods. The area has noticeably maintained its real estate value over the past few years, which further adds to the profitability of Al Hayat Centre. Investment options in this mixed-use development in Lahore are offered with 1.5-year installment plans. The availability of power backup, ample parking space, and a secure environment are some of the major pros of investing in Al Hayat Center.
City Star Shopping Centre, Lahore
Planned to emerge as a high-end mixed-use complex, City Star Shopping Centre is going to be a hub of world-class facilities. With state-of-the-art planning, the project is all set to offer the finest of contemporary shopping and urban living experience.
Situated on the main Model Town Link Road, City Star Shopping Centre enjoys a highly convenient location right within the city centre. The location of this up-and-coming mixed-use project in Lahore falls in proximity to major facilities and landmarks such as Jinnah Hospital and Model Town Park. It is also just a few-minute drive away from Canal Bank Road.
The key features of this 9-storey mixed-use complex include 24/7 security measures with live CCTV video recording, an E-tag parking system, and high-tech elevators and escalators. If you’re interested in this investment opportunity, visit the official page of City Star Shopping Centre.
Grand Square Mall, Lahore
All set to beautify the cityscape of Lahore with its stunningly-luxurious facade, Grand Square Mall proudly stands among the most lucrative mixed-use projects in Lahore for investment in 2021. It’s ideally located in Gulberg, the commercial heart of the city, bustling with business activities all year round.
The outstanding location of the projects helps it outshine many other investment opportunities in the area. Desirably located on Centre Point Chowk, it’s a promising multi-storey, mixed-use complex in Lahore, which is linked with a majority of arteries, and commercial hubs in the city, making it an ideal business address that promises high footfall down the road.
The properties available in Grand Square mall bring you a delightful mix of residential and commercial investment opportunities. Keeping in view the premium nature of the project, the commercial outlets and corporate spaces have been equipped with the finest of finishes and fixtures as well as aesthetically pleasing ultramodern layouts.
Taking the standards of luxury living up a notch, Grand Square fall has also been equipped with masterfully designed 1- and 2-bedroom residential apartments on its upper floors. The investment options in this mega-scale development are available with super convenient 3-year-long payment plans.
Approved by LDA, this under-construction mall in Lahore is one of the city’s safest and most lucrative investment opportunities. It guarantees a 5% rental yield on split level commercial outlets with capital gains of up to 40-50% within the next three years. The project is a brainchild of Salman Developers, which is a highly recognised name in the industry, and has been proudly associated with Zameen.com as its marketing and sales partner.
Interested in reserving a unit in Grand Square Mall, Lahore? Simply fill in the form shown on the right-hand side of your desktop page and at the bottom in mobile view.
Now that we have listed down and discussed the five most lucrative mixed-use investment opportunities in Lahore to look forward to in 2021, it’s time for us to wrap up. For all your queries and feedback, you can always contact us at blog@zameen.com. On a side note, if you want to take a closer look at the location, features, and investment options of Grand Square Mall, read this blog
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