Should You Invest in Askari 10 or Johar Town, Lahore?

IN THIS POST:
– Features of Askari 10 vs. Johar Town
– Average Prices of Property in Askari 10 & Johar Town
– Best Areas to Buy Property in Askari 10 & Johar Town

If you’re about to buy property in Lahore, it is generally going to be tough to decide between Askari 10 vs. Johar Town. We say this because both these communities are well-developed and rank among the societies that are best for your new home. That’s why we’re bringing you a comparison of Askari 10 and Johar Town, so you can choose the best society for investment or future residence.

Askari 10 vs. Johar Town—A Showdown of Features

Askari 10 is under the management of Pakistan Army, guaranteeing extra security for the gated community, while Johar Town—named after Maulana Mohammad Ali Jauhar, who was a prominent Muslim leader in the subcontinent—is managed by the government of Pakistan. Askari 10, Lahore, is also one of the most recent phases developed in Askari, Lahore, while Johar Town remains one of the oldest residential areas of the city.

However, both communities are well developed and offer a range of features and amenities for residents. As such, it is imperative to compare and contrast both societies, so we can successfully reach a conclusion in the Askari 10 vs. Johar Town debate:

It is important to note that both societies feature sports grounds, parks, mosques, as well as a range of shopping destinations, such as local area markets. However, Johar Town is home to Lahore’s Emporium Mall, which is currently the country’s largest mall, hosting shops of all the famous brands. Johar Town, Lahore, is also in proximity to the M-2 Motorway and Ferozepur Road, two major arteries in Lahore that keep the city and its public transport system connected. 

Average Prices of Property in Askari 10 and Johar Town

In terms of average property prices, both Askari 10 and Johar Town offer houses for sale in different sizes, but only Johar Town still features undeveloped plots on sale for people who want to build their dream home on their own. Accordingly, here’s a quick overview of the average prices of property in both housing communities:

Covering plots first, we see that the average price of a 5 marla plot in Johar Town is PKR 83 lakh, while a 10 marla plot in the same area can be bought for PKR 1.55 crore on average. Meanwhile, larger plots of 1 kanal in Johar Town have an asking price of PKR 2.77 crore.

Comparing prices for houses in both Askari 10 and Johar Town, we can see that only Johar Town offers 5 marla houses for sale at an average price of PKR 1.39 crore. For a large house of 10 marla in Johar Town, you will need an average investment of PKR 2.41 crore, while a 10 marla unit in Askari 10 can cost you PKR 2.27 crore on average.

Larger houses of 1 kanal are available in both projects. A 1 kanal home in Johar Town is priced at PKR 4.76 crore on average, while Askari 10 lists 1 kanal houses for average prices of PKR 3.86 crore.

This clarifies that while 10 marla houses are being sold for the same price range in both communities, there’s a significant price difference when it comes to investing in a 1 kanal house in Askari 10 vs. Johar Town. Your decision, however, should not be based on price alone, so we’ll also compare some of the best sub-districts in each society that we believe are ideal for you. 

Best Areas to Buy Property in Askari 10 and Johar Town

We’ll continue the debate between Askari 10 vs. Johar Town below, in terms of both plots and houses available for sale.

Plots

As we’ve mentioned above, only Johar Town offers plots for sale. Thus, we’re giving you details on the top three areas that you should consider if you want to buy a plot in Johar Town.

For a 5 marla plot, Blocks K, R1, and Q in Phase 2 are the most popular, with averages prices of PKR 60 lakh, PKR 93 lakh, and PKR 91 lakh respectively.

However, Blocks F2 and E 1 of Phase 1 are best for 10 marla plots, followed by Block R2, Phase 2. The average price of a 10 marla plot in Block F2 is PKR 94 lakh, with Block E1 offering the same plot on sale for about PKR 1.44 crore on average. Meanwhile, a 10 marla plot in Block R2 carries an average price of PKR 1.63 crore.

If you want to invest in a 1 kanal plot in Johar Town, then consider Block G3 and H3 in Phase 2 or Block F1 in Phase 1, where average prices lie between PKR 1 to PKR 3 crore. More specifically, you’ll need PKR 2.64 crore on average to invest in Block G3 and an average sum of PKR 3.78 crore for a 1 kanal plot in Block H3. Block F1, however, offers the cheapest option, with 1 kanal plot being sold for PKR 1.82 crore on average.

Houses

Now, let’s move on to buying a house in Askari 10 vs. buying a house in Johar Town. Here are the most popular localities in Askari 10, along with their average prices:

Having analysed the data we’ve collected, Blocks E, C, and B remain the best options for investing in a 10 marla house in Askari 10, while Blocks F, A, and E should be your focus for a 1 kanal home. You can check out our analysis on the best areas to buy property in Askari 10 for more details.

In a similar fashion as the above, the table below shows the most popular blocks to investment in a house in Johar Town:

While you can consider our detailed guide on buying property in Johar Town for more information, let us quickly summarise that Blocks J2, P, and Q are ideal for buying a 5 marla property, while Blocks F, F2, and G garnered the most popularity when it came to investing in a 10 marla house. For a 1 kanal house in Johar Town, focus your search on Blocks D2, G3, and H.

Stay tuned to Zameen Blog for more investment advice and email us at blog@zameen.com if you have any suggestions.