Dream Gardens Lahore, the Izhar Monnoo Developers’ project, spans over 500 acres of land. It is a gated and secure residential community equipped with all amenities of a modern lifestyle. The developer launched Dream Gardens Phase I in September 2011 and delivered it well before the committed time of June 2014. Phase I is home to over 250 families.
Dream Gardens Phase II was announced back in February 2017. This phase is planned over 200 acres, on which development work is underway at a brisk pace and is expected to be completed soon. Here are all the details you need about this exceptionally well-planned society that you can proudly call home.
Where is it located?
Dream Gardens Phase I and Phase II are located on Defence Road. The neighbourhood is fast becoming the top choice for people looking to construct their houses. Because of having easy access to all major parts of the city via Southern Loop of the Lahore Ring Road (LRR), Defence Road has everything that the new home seekers are looking for.
The society is nestled among many established real estate developments, schools, health, and recreational facilities. More prominent of these include COMSATS Institute of Information Technology, Lahore Wildlife Park, Valencia Town, Bahria Town, Lake City, Fazaia Housing Scheme, and DHA Rahber Phase I and Phase II. And not to mention that Dream Gardens is easily accessible from Ferozepur Road, Raiwind Road, Mohlanwal Road, and of course the LRR.
What‘s on offer?
The society features a wide range of options including houses, residential plots in various sizes and commercial plots. In terms of plots, you can find 5-marla, 7-marla, 10-marla, 1-kanal, & 1.5 kanal residential plots, while commercial plots are available in sizes of 6, 7, and 10 marlas.
Here, houses on offer feature 3-, 4-, and 5-bed options. The options expand further in terms of sizes; for instance, the 3-bed houses are available in sizes of 5, 7 & 10 marlas. In the 1-kanal option, you can find 3- and 4-bed units. Meanwhile, the 5-bed houses are available sized 1 and 1.5 kanals.
The commercial area offers a variety of shops and plots as well as a number of options for corporate offices.
Approval status
Both phases of Dream Gardens have approvals from all relevant government authorities including Lahore Development Authority, Parks and Horticulture Authority, the Environment Protection Department, and the Irrigation Department. These approvals mean that your investment in Dream Gardens remain secure.
Amenities and facilities
In addition to being a walled, gated and secure society, Dream Gardens features spacious roads dotted with pathways, maintained parks and green spaces and a reliable system for water, gas and electricity supply, sewerage drain, and waste disposal.
The developer has meticulously followed the well-conceived town plan. This ensures that each household gets complete access to the offered facilities. These also include a Jamia Masjid, a community centre, amusement and theme parks, a Pakistan Navy Bahria University Campus, Pak-Turk International School, and centrally located commercial areas.
What does it cost?
In terms of pricing and payment, the options are also quite varied. The payment plan is carved intelligently to accommodate each kind of buyer according to the type of property he picks to purchase. The percentage of payment is also kept fairly low to reduce the burden on buyers.
Residential Plots (Phase II)
| Plot Area (Marla) | Net Price (PKR) | 30% Down Payment (PKR) | 36 Monthly Instalments (PKR) | 12 Quarterly Instalments (PKR) | 5% on Possession (PKR) |
| 5 | 5,408,000 | 1,622,400 | 97,644 | 292,933 | 270,400 |
| 7 | 7,571,000 | 2,271,300 | 136,699 | 410,096 | 378,550 |
| 10 | 10,043,000 | 3,012,900 | 181,332 | 543,996 | 502,150 |
| 20 | 17,510,000 | 5,253,000 | 316,153 | 948,458 | 875,500 |
| 30 | 26,265,000 | 7,879,500 | 474,229 | 1,422,688 | 1,313,250 |
Houses
| Plot Area (Marla) | Covered Area | Price (PKR) | 30% Down Payment (PKR) | 36 Monthly Instalments (PKR) | 12 Quarterly Instalments (PKR) | 5% on Possession (PKR) |
| 5 | 2,088 | 12,935,000 | 3,880,500 | 233,549 | 700,646 | 646,750 |
| 7 | 2,425 | 16,313,000 | 4,893,900 | 294,540 | 883,621 | 815,650 |
| 10 | 3,078 | 21,139,000 | 6,341,700 | 381,676 | 1,145,029 | 1,056,950 |
| 20 | 4,902 | 35,182,000 | 10,554,600 | 635,231 | 1,905,692 | 1,759,100 |
| 30 | 5,314 | 45,422,000 | 13,626,600 | 820,119 | 2,460,358 | 2,271,100 |
Commercial plots Adjacent to Phase I
| Plot Area (Marla) | Net Price (PKR) | 30% Down Payment (PKR) | 36 Monthly Instalments (PKR) | 12 Quarterly Instalments (PKR) | 5% on Possession (PKR) |
| 6 | 24,720,000 | 7,416,000 | 446,333 | 1,339,000 | 1,236,000 |
| 7 | 28,840,000 | 8,652,000 | 520,722 | 1,562,167 | 1,442,000 |
| 10 | 41,200,000 | 12,360,000 | 743,889 | 2,231,667 | 2,060,000 |
Commercial Plots (Phase II)
| Plot Area (Marla) | Net Price (PKR) | 30% Down Payment (PKR) | 36 Monthly Instalments (PKR) | 12 Quarterly Instalments (PKR) | 5% on Possession (PKR) |
| 6 | 18,540,000 | 5,562,000 | 334,750 | 1,004,250 | 927,000 |
| 7 | 21,630,000 | 6,489,000 | 390,542 | 1,171,625 | 1,081,500 |
| 10 | 30,900,000 | 9,270,000 | 557,917 | 1,673,750 | 1,545,000 |
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