In This Post:
– Overview Lake City, Lahore
– Reasons for Investing in Lake City, Lahore
– Average Property Prices
– Average Prices of 5 Marla Plots
– Average Prices of 10 Marla Plots
– Average Prices of 1 Kanal Plots
– Average Prices of 5 Marla Houses
– Average Prices of 10 Marla Houses
–Average Prices of 1 Kanal Houses
Lake City, Lahore, is tucked away from the hustle and bustle of the main city on Raiwind Road, not far from Lahore Ring Road. The project is a perfect example of a gated community and features an array of luxurious amenities.
One of the best real estate projects in Lahore, Lake City boasts an 18-hole golf club in the area, which is a major attraction for home buyers looking for a luxurious lifestyle. Uninterrupted supply of utilities, clean environment, and top-notch security are some of the reasons why you’d want to consider buying a property in Lake City, Lahore.
Besides tabulating the data at Zameen.com, we listed the help of verified agents to get value-added information and deeper insights about the sectors that are popular in the housing society and the reasons for their popularity. But first, let’s give you a brief overview of the housing society and what sets it apart from other neighbouring residential projects.
About Lake City, Lahore
The project of Lake City, Lahore, spans 18,000 kanal and comprises eight sectors, M-1 to M-8.
- Sectors M-1, M-2, and M-3 feature 10 marla, 1 kanal, and 2 kanal plots, while M-1 and M-3 also offer investors the opportunity to buy 12 marla and 14 marla plots as well.
- M-4 is known as the Golf Estate and features deluxe villas and large-sized plots of 1, 2, 4, and 8 kanal. The presence of a golf course in the sector makes it an ideal investment choice.
- M-5 and M-6 feature 10 marla houses and plots only
- M-7 is one of the largest sectors featuring ready-to-move-in villas of 5, 7, 10, and 15 marla. As for plots, the sector features plots of 5, 7, 10, 12, 15 marla, and 1 kanal. The sector also boasts numerous parks, green belts, and mosques.
- Sector M-8 features plots of 5, 7, 10, 12, 15 marla, and 1 kanal.
There are a few facilities in Lake City, Lahore, that set it apart from neighbouring housing societies, including Tariq Garden, Valencia Housing Society, DHA Rahbar. Some of these world-class amenities are mentioned below:
- The state-of-the-art Lake City Mall is home to many local and international brands
- Tight security. Police vans patrol the area round-the-clock
- Proximity to Lahore Ring Road. The society has a dedicated interchange that facilitates residents in their commutes
- Fitness and recreational facilities are dotted across the housing society. You’ll find community parks, an 18-hole golf course, a dancing fountain, a wellness club, Sky Zone Trampoline Park, and various cafes and eateries
Reasons for Investing in Lake City, Lahore
Mr. Ahmed Ali Khan, Manager AAS Properties, spoke with us and shared some light on Lake City’s popularity.
“Enjoying prime location near Lahore Ring Road, Lake City, Lahore offers numerous amenities that make it an ideal neighbourhood for home buyers.”
He further explained the main reason of Lake City’s popularity.
“The reason why people are buying property in Lake City, Lahore is its affordable and easy installment plans. You can easily buy a 5 marla plot in 3.5 years quarterly instalments, which makes it quite easy for people to buy a plot in Lake City, Lahore.”
He went on to state the reasons why Lake City, Lahore is one of the best investment choices for any home buyer. He said, “Moreover, if you compare Lake City with other well-known housing societies located nearby, such as DHA Rahbar, Wapda Town, Tariq Garden and Valencia housing society the prices are comparatively lower in Lake City, Lahore. You will find a 5 marla plot for around PKR 100 lac in Tariq Garden, whereas the same sized plot can be bought at around half the price in Lake City, Lahore,” he said.
Here is a snapshot of the average property prices in Lake City, Lahore.
Average Property Prices in Lake City, Lahore
An excellent mix of plots and houses of varying sizes are available for purchase in Lake City, Lahore. As shown in the table above, you can buy a 5 marla plot for PKR 43 lakh that too at affordable and easy instalment plans. Also, if you are looking to buy a 5 marla house in the project, then you will need a budget of around PKR 1.1 crore. Moreover, buying a 10 marla plot in Lake City can require a sum of almost PKR 81 lakh, whereas a 10 marla house can be purchased for PKR 2.1 crore. Further, a 1 kanal plot can be bought for PKR 1.38 crore and if you are interested in purchasing a 1 kanal house in Lake City, Lahore, then it could cost you around PKR 3.59 crore.
Mr. Khan also cited some reasons as to why Lake City, Lahore, is such a lucrative home buying option. “Construction ratio is more as compared to neighbouring housing societies, where houses are not being constructed at a fast pace. Moreover, property prices in Bahria Town, DHA Rahbar fluctuate and there are times when the prices are skyrocketing, while at some point you see a sudden dip. In Lake City, Lahore, the property prices are quite stable. This helps homebuyers who don’t have to worry about fluctuating prices, while investing in Lake City.” He further added,
“If you want to determine a housing society’s success, check out why people are purchasing property in that society? Is it mainly to resell or they want to settle down and live in that society to enjoy the numerous amenities the project has to offer. In short, people choose Lake City as their abode.”
Average Prices of 5 Marla Plots in the Most Popular Sectors of Lake City, Lahore
You can easily find 5 marla plots on installments in Lake City, Lahore. Their average prices are as follows:
We will now discuss the average prices of 5 marla plots in sector M-7 B and C.
Lake City – Sector M-7 B
Why is Sector M-7 considered the most popular sector of Lake City? Mr. Ahmed Ali Khan from AAS Properties pinpoints the main reason of Sector M-7B’s popularity.
“M-7 is the largest and most populated sector in Lake City. One of the prime reasons why people are increasingly investing, particularly in M-7 B and C is that you will find developed plots that are ready for possession. Once you have done the payment, you can then start constructing your house on it.”
M-7 B comprises numerous 5 marla plots for sale with an average price of PKR 5.48 million.
Lake City – Sector M-7 C
You will find neat rows of plots in sector M-7 C separated by a 60 ft wide road, parks, and open spaces. As of now, 5 marla plots are up for sale in this sector at an average price of PKR 3.14 million or PKR 31 lakh.
Average Prices of 10 Marla Plots in the Most Popular Sectors of Lake City, Lahore
Let us discuss the top three popular areas to invest in Lake City, Lahore.
Lake City – Sector M-3 Extension
There are plenty of 10 marla plots for sale in Lake City, Lahore. One of the major reasons for Lake City, M-3 Extension’s popularity is due to the following reasons.
- It is near Lahore Ring Road, meaning easier commuting options for residents.
- Because of its ideal location and affordable property prices, Sector M-3 Extension is a popular sector of Lake City, Lahore.
- The average price of a 10 marla plot in Lake City M-3 Extension is PKR 79 lakh.
Lake City – Sector M-2 A
Sector M-2 A is one of the best places to buy plots in Lake City, Lahore. The main reason why Lake City Sector M-2 A is popular is as follows:
- It is located near the entrance and also near Lahore Ring Road, making it easier for residents to travel within the city.
- Moreover, the society’s hospital, mosque, football ground, and a park are within easy reach.
- A 10 marla plot in Sector M-2 A is, therefore, slightly more expensive than Sector M-3 Extension. The average price of a 10 marla plot in Sector M-2 A is PKR 87 lakh.
Lake City – Sector M-5
Sector M-5 is a large sector of Lake City, Lahore. Mr. Khan from AAS Properties sheds light on why Sector M-5 is such a good investment option to buy a 10 marla plot with an average price of PKR 80 lakh.
“It is a popular sector for home buyers because it is near the dancing fountain, the golf course, and Lake City Mall.”
Average Prices of 1 Kanal Plots in the Most Popular Sectors of Lake City, Lahore
Lake City – Sector M-3
Sector M-3 is the most popular sector to buy 1 kanal plots in Lake City due to the following reasons:
- The sector is situated near the entrance of the housing society and is, therefore, quite a lucrative investment option.
- People are interested in 1 kanal plots in M-3 because of its ideal location and being closer to Lahore Ring Road, which makes commuting quite easy for residents.
- You can buy a 1 kanal plot in Sector M-3 for an average price of PKR 1.42 crore.
Lake City – Sector M-2
Sector M-2 is another popular sector to buy 1 kanal plots in Lake City.
- Sector M-2 is situated near Sector M-3, which means it also enjoys a prime location within the housing society.
- It is closer to Lahore Ring Road, opening up more ways for quick and comfortable commute options.
- You can buy a 1 kanal plot in Sector M-2 for PKR 1.30 crore on average.
Lake City – Sector M-4
- Sector M-4 features a golf course, which makes it an ideal investment choice for people looking for a luxurious lifestyle.
- The state-of-the-art Lake City Mall is also nearby, making M-4 one of the most sought-after sectors in Lake City for buying 1 kanal plots, the average price of which is around PKR 1.1 crore.
If you are interested in ready-to-move-in houses then you must check out the property options mentioned below.
Average Prices of 5 Marla Houses in the Most Popular Sectors of Lake City, Lahore
Let us now discuss the top three areas for buying 5 marla houses in Lake City, Lahore.
Lake City – Sector M-7 B
As mentioned earlier, Sector M-7 is one of the largest sectors of Lake City, Lahore, and offers numerous amenities to residents. Let’s check out the reasons why M-7 B is the most popular sector for investment in 5 marla houses.
- M-7 B, in particular, is not far away from the golf course and the dancing fountain, alluring investors to buy property here.
- Apart from this, the presence of green spaces, mosques, and recreational facilities within the sector make it an ideal pick for living. You can buy a 5 marla villa in Sector M-7 B for PKR 1.04 crore.
Lake City – Sector M-7 C
There are well-constructed 5 marla houses up for sale in Sector M-7 C. It’s one of the most well-planned sectors in Lake City. The sector is further divided into three sub-sectors: C-1, C-2, and C-3. You can buy a house in Sector M-7 C for PKR 1.25 crore.
Lake City – Sector M-7 A
Lake City’s main boulevard is not far from Sector M-7 A. One of the top reasons why people are interested in buying a property in this particular sector is that numerous amenities are available within easy reach. The Sky Zone Trampoline Park, a few community parks with jogging tracks, and Lake City Mall are located nearby. You can buy a 5 marla house in Sector M-7 A for PKR 1.03 crore, on average.
Average Prices of 10 Marla Houses in the Most Popular Sectors of Lake City, Lahore
Lake City – Sector M-5
Sector M-5 is one of the most popular sectors when it comes to buying 10 marla houses in Lake City, Lahore.
- Almost every amenity present in Lake City is within easy reach from this particular sector.
- The golf course, the state-of-the-art Lake City Mall, and the dancing fountain are all near Sector M-5, making it a popular investment choice among home buyers.
- A 10 marla house in Sector M-5 is available at an average price of PKR 2.21 crore.
Lake City – Sector M-2 A
Sector M-2 A is near the entrance and is home to Lake City’s main community park.
There are plenty of 10 marla houses available for sale in this sector, the average prices of which hover around PKR 2.1 crore.
Average Prices of 1 Kanal Houses in the Most Popular Sectors of Lake City, Lahore
Lake City – Sector M-1
Sector M-1 is near Lake City’s main boulevard, which makes it one of the most popular sectors to buy 1 kanal houses.
- Lake City Mall and Froebel’s International School are also located nearby.
- You will also find a grand Mughal-era inspired mosque near Sector M-1, which is yet another reason why it’s an ideal spot for investment.
- The average price of a 1 kanal house in Sector M-1 is PKR 3.15 crore.
Lake City – Sector M-7
Sector M-7 is one of the largest sectors comprising 1 kanal houses for sale.
- You will find banks, mosques, parks, and plenty of green spaces in the sector.
- The Sky Zone Trampoline Park is also situated here. People are interested in buying a 1 kanal house in Sector M-7 because of the numerous amenities this sector offers to its residents.
- You can buy a 1 kanal house in Sector M-7 for PKR 3 crore on average.
We hope the latest trends for buying properties in Lake City, Lahore, will help you make an informed decision. For more updates, stay tuned to the best real estate blog in Pakistan. If you have any particular queries, then don’t forget to write to us at blog@zameen.com.
