IN THIS POST
– Investment Prospects
– High-End Properties
– Convenient Payment Plan
– Ideal Location
– World-Class Facilities
Are you looking for a secure real estate investment opportunity in Lahore that offers high capital gains? Well, you shouldn’t look any further than the luxurious residential and commercial complex of Pace Circle, Lahore – a widely anticipated project of Pace (Pakistan) Limited that has caught the attention of domestic and overseas investors alike.
Synonymous with luxury and elegance, the state-of-the-art project of Pace Circle is the perfect project to add to your investment list for scoring rewarding deals in 2021. The iconic ground plus 11-storey landmark is being developed on Amjad Chaudhry Road in the vicinity of Garrison Golf & Country Club in Cantt. It is also easily accessible from Lahore Ring Road and Allama Iqbal International Airport, which further adds to its value.
The aesthetically-pleasing mixed-use complex comprises three majestic towers that have been meticulously designed by leading international architects. The first tower houses an exclusive 5-star hotel, while the second features an ultramodern shopping mall with a spacious food court. The third tower of Pace Circle hosts high-end serviced apartments that are perfect for families of all sizes. The entire project is spread over an area of 42 kanal and features a range of masterfully crafted residential and commercial units for sale – that too on an attractive payment plan. The breathtaking façade, high-quality development standards and world-class facilities at Pace Circle, Lahore also make it the choice for investors in the city.
Moreover, apart from promising an elevated living and refined shopping experience, this up-and-coming real estate development also offers genuine buyers and investors a complete peace of mind in regards to its timely construction. Since the luxury high-rise project has been approved by the Lahore Cantonment Board, there’s also no need to worry about its NOC.
Are you still wondering whether Pace Circle would be an excellent addition to your portfolio? If you are on the fence about this monumental project, we have put together a list of top reasons to invest in Pace Circle, Lahore, to help you reach a well-informed decision.
Pace Circle Offers Promising Investment Prospects
The development of Pace Circle brings an extraordinary opportunity for those seeking to enter the thriving real estate market of Lahore. The grand project features a wide range of real estate offerings, including exquisite hotel apartments, custom-built commercial shops, and gorgeous service apartments.
The residential and commercial property in Pace Circle, Lahore guarantees high returns on investment (ROI).
The upscale apartments in the project guarantee an annual rental yield of 8%. In addition to that, the infrastructural development in the area has also had a positive effect on the prices of real estate in the neighbourhood. Therefore, those who invest in Pace Circle, Lahore, can expect 50% to 60% capital gains within the next four years.
The investment prospects of Pace Circle are backed by the growing demand and increasing prices of commercial units and apartments in Lahore.
The data accumulated by Zameen.com, the leading property portal in Pakistan, over the past three years showed that the demand for commercial units in Lahore witnessed a sharp hike of 106% between 2018 and 2020. As a result, the average per square feet price of commercial properties in the city also went up by more than 20% during the same period, which is rather incredible given that many of these retail units were made available rather recently. The average rental yield for shops in the city also stood at a profitable 6.3%, as of December 2020. This number was even more impressive for commercial units located in affluent and highly sought-after areas or those situated in significant mixed-use developments in the city.
Highlighting the shift in real estate trends from plots to high-rises, the demand for apartments in Lahore also increased by 127% between 2018 and 2020. Subsequently, the average per square feet price of flats also witnessed a substantial hike of 50%. As for December 2020, the average rental yield of apartments in Lahore is at an astounding 7%.
These statistics prove the promising investment potential of Pace Circle, Lahore – an ideally located project that offers commercial shops, residential apartments and more in one holistic package.
Elegant Residential & Commercial Properties
Are you considering buying property in Pace Circle, Lahore? If so, you have options to invest in:
- Hotel apartments
- Serviced apartments
- Commercial outlets
- Food court outlets
You can buy 1-bedroom, 2-bedroom and 3-bedroom serviced apartments in Pace Circle that have been immaculately designed to offer a splendid lifestyle to its prospective residents. They have also been equipped with all the latest amenities and facilities required for a comfortable lifestyle. Moreover, the 2-bedroom and 3-bedroom apartments for sale in Pace Circle also include a separate maid’s room.
Meanwhile, the extravagant hotel apartments in Pace Circle have been specifically designed to address the shortfall of 5-star lodging for business executives and tourists in the sprawling metropolis. The hotel tower at Pace Circle covers an area of 375,000 square feet and comprises 11 floors featuring 288 rooms, 20 suites and 7 meeting rooms for the convenience of guests.
Simple and Convenient Payment Plan
Another great reason why you should invest in Pace Circle, Lahore is because of its highly affordable payment plan that has been designed to provide investors with utmost convenience.
The developer of the project, Pace (Pakistan) Limited is presently offering buyers a unique chance to buy a serviced apartment, hotel apartment or commercial outlet in Pace Circle by making a 35% down payment. The rest of the amount can be paid in easy and simple 48 monthly instalments. The buyer will pay another 20% at the time of possession.
As far as the development status of Pace Circle is concerned, it’s already on the fast track. The grey structure of the upscale complex is 70% completed while its first four floors are in the final stages of construction.
Therefore, if you are thinking about buying a property in Pace Circle and dip your toes in the lucrative real estate market of Lahore, now may be the best time.
Ideal Location in the Best Part of Town
The prime location of Pace Circle in Lahore is undoubtedly one of its most remarkable features.
As mentioned above, the state-of-the-art complex stands tall on Amjad Chaudhry Road near Rangers Headquarters. Owing to its proximity to Lahore Ring Road, this project is connected to all major neighbourhoods of the city through a wide network of roads and avenues. In addition to that, the popular residential scheme of Askari 10, Lahore, is located right opposite Pace Circle.
Interestingly, another main factor that adds to the value of hotel apartments in Pace Circle is its short distance from Allama Iqbal International Airport. Since the project is located in the vicinity of the airport, it is likely to draw the attention of business executives, international delegations as well as domestic and foreign tourists visiting Lahore – after all, who wouldn’t want to enjoy a new level of luxury and hospitality in the city known for its cultural and historical beauty?
Let’s take a look at some of the most popular landmarks located near Pace Circle, Lahore.
- Lahore Garrison Golf & Country Club: 3-minute drive
- Canal Road: 5-minute drive
- DHA Commercial Broadway: 5-minute drive
- Lahore School of Economics: 8-minute drive
- Lahore University of Management Sciences: 10-minute drive
- DHA Phase 5: 10-minute drive
- National Hospital: 10-minute drive
- Fortress Stadium/Mall of Lahore: 10-minute drive
- Packages Mall: 15-minute drive
World-Class Facilities and Amenities
Envisioned to be the next biggest commercial hub in Lahore, the magnificent project of Pace Circle offers unmatched amenities that are requisite to an upscale and satisfactory lifestyle.
Here are some of the most praiseworthy facilities at Pace Circle, Lahore, that also add to its investment potential.
- Round-the-clock security system
- Secured parking areas with dedicated car parking spots
- Uninterrupted power supply
- Apartments with a pool-side view
- Modern shopping mall with a food court
- Supermarket
- Cinema
- Central courtyard
- Fitness centre
- Swimming pool
- Children’s play area
- Wedding hall
- Conference and meeting rooms
- Fine-dining and casual restaurants
The 5-star hotel in Pace Circle, Lahore also feature a wide range of international-standard amenities, including:
- Speciality restaurants
- Bakery
- Laundry service
- Housekeeping pantries
- 608-meter squared ballroom
- 2,300-meter squared plant room
If you want to learn more about the investment options and facilities at Pace Circle, Lahore, make sure to check out our comprehensive overview of the project.
To summarize, the fascinating exterior, contemporary architecture, unparalleled amenities, highly accessible location, convenient payment plan, the rapid pace of development, and approval from the Lahore Cantonment Board make Pace Circle one of the most promising and reliable projects in Lahore that should be on the top of every investor’s list. To top it off, this upcoming mixed-use complex is being exclusively marketed by Zameen.com, the leading real estate portal in Pakistan that ensures proper due diligence is undertaken for every project.
Those who want to book a unit in Pace Circle, Lahore, can fill the form on the right (for desktop users) or at the bottom of this page (for mobile users).
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