Racing towards a smarter and more sustainable future, Lahore has started witnessing aggressive vertical urbanisation in recent years. The skyline of Pakistan’s second-largest city is now home to some of the country’s most impressive mid-rise and high-rise developments.
Some facts backing the vertical developments trends
As per the data recorded between 2018 and 2020, the demand for apartments in Lahore witnessed an unignorable jump of 127%. Likewise, the popularity of commercial units in the city went up by a staggering 106% during the same period.
All these stats emphasize the importance of creating sustainable communities by constructing more and more multipurpose structures. Currently, there are dozens of mixed-use projects under construction in the city, out of which the most sought-after ones are being developed by reliable builders in the area of Gulberg.
The neighbourhood caters to the visitors with its state-of-the-art facilities and is one of Lahore’s most rapidly progressing business districts. In recent years, it has converted into a hub of high-rise projects in the metropolis.
Boasting world-class structure and top-of-the-line features, Grand Square Mall is yet another groundbreaking addition to Gulberg’s real estate. It’s an LDA-approved mixed-use development that perfectly matches the stature of this up-class neighbourhood.
So, if you are also planning to invest in Grand Square Mall, you have made it to the right post. Here we have rounded up all the key features and investment prospects of this up-and-coming project that make it a worthwhile investment.
A Stellar Business Location Unlike Any Other Project in the City
When it comes to location, Grand Square Mall is unlike any other investment opportunity in the entire city. The project is rising from the prime location of Main Boulevard Gulberg, one of the city’s widest and busiest thoroughfares.
Owing to its corner location opposite Centre Point, the project enjoys seamless connectivity with some of Lahore’s key landmarks and major commercial centres including the very famous Liberty market, which is only a 2-minute drive away.
As discussed, Gulberg is frequented by the elites of the city, a high-end business district thriving with corporate and commercial activities all year round. Expected to have a huge footfall given its well-connected location and extraordinary features, Grand Square Mall is absolutely a not-to-be-missed opportunity for people looking to set up corporate and retail businesses in one of Lahore’s most affluent and commercially active localities.
A Distinctive and Prominent Structure
With top-of-the-line design and structural aspects, Grand Square Mall boasts an impossible-to-ignore facade. It is probably the most beautiful and uniquely designed building in all of Gulberg. The eye-catching exterior of the project paired with a grand-looking interior with a large arena inculcates a sense of luxury. Since Grand Square Mall is a thoughtfully architectured multipurpose building, it offers a delightful mix of ultramodern apartment units, spacious commercial outlets, and intelligently planned office spaces.
Unmatched Facilities and Amenities
Envisioned to provide an A-class experience to shoppers, visitors and residents alike, Grand Square Mall has been equipped with many modern-day facilities and amenities. Not every other project in Lahore offers you parking space with a valet service, an in-house fitness centre, and 24/7 electricity supply and standby generators. To learn more about the most prominent features and investment options in Grand Square Mall, read our detailed guide on the project.
What Grand Square Mall Has in Store for Investors?
The first and most important thing that Grand Square Mall brings to the table for its investors is the FBR-sanctioned immunity against the declaration of income source. In other words, income source declaration is not required for investing in Grand Square Mall-Lahore as the project has been registered with the Federal Board of Revenue (FBR) to safeguard investors’ interests.
There are many other solid investment prospects of Grand Square Mall that make it a one-of-a-kind investment opportunity. For instance, the project guarantees a 5% rental yield on split-level commercial outlets. Furthermore, an annual rental yield of up to 6.3% has also been recorded for shops in Lahore in recent years.
Well, that’s not all, according to Zameen.com’s exclusive data, the real estate value of properties in Gulberg has increased by more than 50% over the past three years. Keeping in view the ongoing trend of surging real estate prices, property experts have predicted capital gains of up to 50% within the next three years for the investors of Grand Square Mall.
Also, for the convenience of investors, properties in this project are offered at a 3-year-long easy instalment plan with possession in just 1.5 years. Need we say more?
If you have already made up your mind and want to invest in Grand Square Mall, we’re just a message away to assist you. Fill out the (green and white) form attached to this blog with your basic contact information and our representative will get back to you as soon as possible.
You can also email us at blog@zameen.com to learn more about the aforementioned investment opportunity. To read the most detailed project overviews and best real estate blogs in Pakistan, head over to Zameen Blog.
