In this post
- Investing in Pace Circle
- Ideal Location
- Amenities & Facilities
- What the Hotel Apartments Offer
- What the Five Star Hotel Offers
- What the commercial outlets offer
- What the Zameen Statistics tell us?
Zameen.com is listing down its best and most lucrative projects that you should be checking out, and Pace Circle, Lahore, is definitely one of them. Located opposite Askari X and adjacent to Lahore Ring Road, the project offers both commercial and residential units. It is easily accessible by all major roads that provide ease of access to the city. It is a flagship project by Pace Pakistan which has provided a number of lucrative and luxuriously-designed real estate projects for people to invest in. Now let’s explore why you should be investing in Pace Circle, Lahore, and what makes it the leading project for the year 2021.
Investing In Pace Circle, Lahore
Investmentment in Pace Circle, Lahore, will bring in higher capital gains because of its ideal location, property types on offer, and a growing interest by investors eyeing mixed-use buildings. The project has also been approved by the Lahore Cantonment Board. Let’s explore each of these one by one.
Close Proximity To The Entire City
Pace Circle, Lahore, offers close proximity to the entire city because of its location. Although it is located in Lahore Cantonment, nestled in the city suburbs, residents here will be able to access DHA Lahore, Gulberg, Raiwind Road, and Walled City Lahore within minutes. This is, in part, possible because Pace Circle comes in the vicinity of Lahore Ring Road:
- 3-minute drive to Polo Club
- 5-minute from Canal Road
- 5-minute to DHA Commercial Broadway
- 8-minute from DHA Metro
- 8-minute from LSE
- 10-minute from LUMS
- 10-minute from National hospital
- 10-minute from DHA Phase 5
- 10-minute from Fortress Stadium /Mall of Lahore
- 15-minute to Packages Mall
For residents, this location is ideal and will put them right at the center of the latest urban developments in the city, and the many entertainment avenues that keep springing up in the vicinity. Imagine being located on one side of the city and being able to access the other end through uninterrupted road access. Residents here will be surrounded by luxurious amenities and facilities, and will be able to access the entire city within minutes.
Amenities & Facilities
As Pace Circle has hotel apartments, service apartments, and commercial outlets. It has Facilities on offer specific to each property type. This will maximize the living experience of residents and people who set up their business here. The developer has paid special attention to detail, and hired international consultants to make this project Pace Circle an architectural marvel. Such unique amenities have only been provided by Pace Circle and puts it right at the center of what makes it stand out in Lahore’s real estate. Not only does the project offer a smart combination of residential and commercial offerings but also brings interested buyers the benefit of an aesthetically pleasing design and well-planned development. The amenities and facilities can be categorised in two parts:
What Pace Circle’s Hotel Apartments Have To Offer:
- Teak floors
- Floor-to-ceiling windows
- Oversized mirrors
- Marble bath with separate tubs
- Step-down rain showers
- Work desks
All the apartments will be serviced, and provide a dedicated parking space for residents. You can avail laundry services, and buy groceries right at your doorstep.
What Pace Circle’s Five Star Hotel Has To Offer:
- 288 standard rooms & 20 suites
- 7 meeting rooms
- Two specialty restaurants
- One fine dining restaurant
- 608 meter squared ballroom
- Bakery
- Laundry
- Housekeeping pantries (one on each floor)
- 2,300 meter squared plant room
- Dedicated parking space for over 600 cars
All in all, the five star hotel, which comprises 11 floors, will enrich the lives of its guests with a cornucopia of amenities in line with international standards. In addition, Pace Circle’s ideal location will allow tourists a chance to explore the city with utmost ease and convenience.
What Pace Circle’s Commercial Outlets Have To Offer
- 24/7 security system
- Spacious car parking
- Uninterrupted power supply
- Fitness centres & shopping malls
- Cinema
- Pool-side view Apartments
- Wooden flooring
- Dedicated retail area
- Supermarket
- Play area
- Food courts
The commercial floors are meant to help you and your family enjoy a fun-filled time with a number of entertainment avenues and continental cuisines to choose from.
Investing In Pace Circle, Lahore: What Do The Numbers Tell You?
With an exquisitely detailed design and smart planning, Pace Circle spans 375,000 square feet. The hotel offers a unique experience for corporate and leisure guests.
Zameen.com statistics show that between 2018 and 2020, the average per square feet rate of shops in Lahore rose up by over 20%. The demand for commercial units at Pace Circle Lahore has gone up during the same time as an increase of 106% was witnessed during the same period. The year 2020 saw some of the best commercial activity as the average rental yield of shops stood at 6.3%, whereas the demand for apartments in Lahore increased by 127% during the same time period.
As Pace Circle, Lahore, has both apartments and commercial outlets, investment here will incorporate market activity of both variables, translating it into higher property prices. Even during short term, you’ll be able to earn higher capital gains. Investors can expect capital gains of up 50-60% during the next four years. On the other hand, for genuine buyers, Pace Circle is an opportunity to access a contemporary residential experience – equipped with the best facilities within both the project and its vicinity. Buyers and investors can also avail easy payment plans.
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For any queries, you can write to us at blog@zameen.com. Keep checking Zameen Blog for all the latest in Pakistan’s construction industry.
