Top 5 Areas Offering a House for Sale in Lahore

As the capital city of Punjab, Lahore has seen massive growth in population in recent years. With more and more people coming from nearby towns to settle here and earn a living for themselves and their families the residential need of the city has also seen growth. As such, the demand for housing is growing and while the city is expanding and creating high-rises to cater to the needs of its residents, investing in a house for sale in Lahore is still preferred by many. If you are also looking for a house in Lahore, read till the end to know about specific highly searched areas in the city.

Well, if you’re excited about buying a house in Lahore, you’ll probably need to know about the top areas for making your investment worthwhile. The below-mentioned areas are a result of the searches made till Feb 2022.

Top 5 Areas to Buy a House in LahoreThe graph above shows 5 of the most searched-for areas when it comes to offering a house for sale in Lahore, based on the total search percentages (as of Jan 2019). We’ll be discussing each of the areas in detail below:

DHA Defence

DHA is and remains the top-most area in our total search percentages. A huge number of searches equaling 25.8% of the total house buying searches in Lahore have been made for DHA Defence. Within DHA Defence, searches for buying a home are targeted towards three sub-areas, which are DHA Phase 6, DHA Phase 5 and DHA Phase 7. Out of these three phases of DHA, the most searched for buying houses is DHA Phase 6, followed by DHA Phase 5 and Phase 7.

Homes in Defence Lahore are available in a variety of sizes, but the most popular area sizes are 5 marla, 10 marla, 1 kanal and 2 kanal. Houses of 5 marla can be bought for a price of PKR 1.65 crore to PKR 2.6 crore within DHA, while a 10 marla house can cost PKR 3.4 crore to PKR 5.8 crore. Similarly, houses having 1 kanal can be priced at PKR 6 crore to PKR 7.5 crore, depending upon the location as well as the design and architecture of the house.

Bahria Town

Next up on the most searched for areas in Lahore is Bahria Town. Sectors C, B and E are the main preferences for house buyers here.

With respect to homes, Bahria Town has 5 and 10 marla houses, as well as larger 1 to 2 kanal properties. A 5 marla bungalow can be on the market for PKR 1.45 crore to PKR 2 crore within the housing scheme. Meanwhile, 10 marla options will require an investment of PKR 2.4 crore to 3.65 crore. 

Johar Town

Currently, Johar Town is the third most desirable neighbourhood for people looking to buy houses in Lahore. With regards to prices, homes of 5 marla in Johar Town are priced between PKR 1.5 crore to PKR 2.3 crore. A 10 marla home, on the other hand, can be bought for PKR 2.25 crore to PKR 4 crore. Interested in buying a 1 kanal property in Johar Town? Well, prices for that can be between PKR 4.75 crore to PKR 7 crore, while a 2 kanal bungalow can have prices ranging from PKR 8.4 crore to PKR 11.5 crore.

Raiwind Road

Raiwind Road in Lahore is emerging to be the upcoming real estate hub in the city where many residential and mixed-use projects are being developed. The locality of Raiwind Road in the past few years has seen a surge in buyer’s interest and is being translated into huge capital gains as well. Overall, the searches for buying a house on Raiwind Road have been 3.2% of the total searches whereas the most searched projects are Lake City, Al-Kabir Town, Army Welfare Trust and Etihad Town.

A 5 marla house on Raiwind Road falls in the range of PKR 1.3 crore to PKR 2 crore. A 10 marla house costs between PKR 2.3 crore to PKR 3.75 crore and one kanal costs between PKR 4.25 crore to PKR 7 crore.

Allama Iqbal Town

The fifth most popular area for buying a house in Lahore is Allama Iqbal Town. The top three blocks in this neighbourhood are Karim Block, Ravi Block and Neelam Block.

Allama Iqbal Town is a highly renowned area that is a short distance from Canal Road, Multan Road and major facilities in the city. A 5 marla house in this part of the city costs between PKR 1.35 crore to PKR 2.25 crore, while a 10 marla house ranges between 2.45 to PKR 4.5 crore on average. 

Although we have listed the top 5 areas for home buying, the trends section on Zameen.com actually has a list of the top 20 areas for buying houses in Lahore. Feel free to browse through them at your leisure before you make an investment in Lahore’s real estate market.

If you want to know about the upcoming real estate developments and lucrative investment opportunities, head over to Zameen Blog now.