With its roots lying in antiquity, its old-world charm, literary heritage and cultural landscape, Lahore is a darling to many. It is the second most populous city in Pakistan and the 26th most populous city in the world with a population of over 13 million and counting.
The consistent rise in several people living in or moving to Lahore can be attributed to many reasons, which can be worthy of a dedicated article (or even a book perhaps) in its own right. However, what we are looking at today is how Lahore is rising to the challenge of providing a home to any and all who fall in love with this wonderful city and call it home.
From Bungalows to Skyscrapers: Lahore Is Going Vertical
The old city – with all of its Mughal architectural glory and penchant for open, wide spaces – is no longer a feasible option for the evolving needs of the city. Since the available land for development is rapidly shrinking and the escalating prices of plots and maintenance of existing properties, people are finding that vertical residences might be an answer to all their woes. Even with limited spaces, the newly-introduced apartment projects are offering a fully-facilitated community lifestyle that has turned each project into a progressive suburban community within its own walls.
In the capitalist economy of ours where instant gratification is highly coveted, premium real estate developers are bringing international standards of living for the pleasure of Lahorities. The residents of these chic new apartment complexes are enjoying a secure and hassle-free lifestyle as they have access to premium facilities like restaurants, grocery marts, retail outlets, fitness centres, daycare facilities, swimming pool, sauna, café and the like in the same buildings as their homes.
Vertical Projects Enjoying Phenomenal Success Among Investors in Lahore
Here, we are listing down a few such projects which have convinced people to opt for branded apartment lifestyle where they enjoy luxuries as never before:
Gulberg City Centre
Gulberg City Centre claims a coveted location on Main Boulevard in Gulberg III. The 23-storey skyscraper offers a sleek inventory of hotel suites, serviced apartments and commercial outlets. There is a guaranteed annual rental yield of 10% on hotel apartments. As an added incentive, commercial outlets’ buyers can also avail the special offer to pay in 4 years and get possession of their outlet in just 2 years.
Madison Square Mall
A Grecian-inspired stunning development on Mian Mehmood Ali Kasoori Road, Madison Square Mall offers gorgeous hotel suites and commercial outlets on a highly prominent address. Soaring 25 storeys above the ground, the multipurpose vertical development offers 10-12% guaranteed rental yield on hotel apartments with a free voucher for 30 nights’ stay. As for commercial buyers, they can take full advantage of the ‘Pay in 3.5 Years and Get Possession in 1.5 Years’ offer.
Zameen Quadrangle
The FBR-registered Zameen Quadrangle is located on Main Zafar Ali Road in Gulberg. With a comprehensive inventory that includes 1-bed, 2-bed, and 3-bed apartments, along with exclusive penthouses, this residential complex is the epitome of subtle elegance. What’s more? The buyers can pay in 30 months and get possession in 15 months and move into this community-lifestyle project that has revived the central courtyard concept into a contemporary theme.
102 by Icon
102 By Icon is a luxury residential apartment and townhouse project on Raiwind Road, which has been so immensely popular that the townhouses of the project have already been sold out. Presently, Zameen.com – the project’s official sales and marketing partner – is left with a limited inventory of 2-and 3-bedroom apartments. These units are available on a highly-convenient payment plan of 5 Years where possession will be offered in 2.5 Years. To further sweeten the pot, there’s a free furnishing and finishing deal on offer. Interested buyers should avail this offer as soon as possible.
Jinnah Square Mall
Jinnah Square Mall is located in Architects Engineers Society’s Block F and is registered with FBR. This stunning new development features a variety of tastefully-designed 1 & 2 bed apartments that boast suave living arrangements. Given the high demand for this project, only limited units are available. The buyers can get a 7% guaranteed rental yield till possession on 100% cash payment.
Zameen Neo
The latest feather in the cap of Zameen Developments, this smart new apartment complex is located in Gulberg 3. The ground-plus-six-floor building offers loft-style apartments, which are only recently introduced in Lahore. The buyers can choose between the stylish inventory of 1-, 2-, and 3-bedroom apartments, which are equipped with all the latest amenities that can facilitate a contemporary and luxury lifestyle.
We will be posting regular updates on these premium vertical projects in Lahore that are immensely popular and being sold out at a rapid pace with their prime location and ace amenities. If you are interested in any of these projects, reach out to us via the attached inquiry form or the WhatsApp Icon below. Stay Tuned
