Fazaia Housing Society Phase II, Lahore, nestled between Sharif Complex Road and Sundar Road, is one of the few decent housing projects neighbouring the most important industrial area of the city. Although the area surrounding Sundar Industrial Zone is technically out of Lahore but it is considered an extension of the city, which is likely to become smoothly accessible as soon as southern loop of Lahore Ring Road completes.
Per the information available on the official website of Fazaia Housing Society, the phase II of this project comprises of almost 1600 Kanals of land and is located at a distance of 5 km from Fazaia Phase I. The project has been approved by LDA and its layout plan was approved by TMA Iqbal Town in June 2013. The developer has completed the pre-qualification of contractors for the scheme’s development work. The boundary-wall of the society and its entrance gates has also been installed.
According to Muhammad Mushtaq from Instant Deals, an agency listed with Zameen.com, balloting of plots in Fazaia Phase II has been completed and now the society is going through the phase of infrastructural development. Mr Mushtaq believes that the development work is likely to complete within one year and the property here will be mature by then to offer returns to those who have already invested or plan to invest here in the near future.
Fazaia Housing Society Phase II will comprise of 4 sectors; A, B, C and D. Each of these sectors will have their own sector shops, central park, green belts, and at least 30 feet wide lanes. The North Avenue Road, leading from Sharif Complex Road, will run through Sector A and B and meet the Central Avenue Road at the junction of Sector A and C while the central Avenue will lead to Sundar Road.
The project features residential plots in sizes of 5 Marla 10 Marla, 15 Marla and 1 Kanal. The number of 1 Kanal plots in Fazaia Housing Society Phase II is limited; 62 to be precise. The current market rate of 5 Marla plots ranges between PKR 1,200,000 – PKR 1,300,000, that of 10 Marla is between PKR 1,800,000 – PKR 2,000,000. To buy one 1 Kanal plot in the society, you would require an amount between PKR 3,200,000 and PKR 3,400,000.
With underground wiring, wide roads, schools, masjid for each sector, ample green belts and play areas, commercial centres, and beautifully landscaped and guarded vicinity, Fazaia Housing Society Phase II is set to become a prominent and promising housing project of the area. As soon as the southern loop of Lahore Ring Road would complete, reaching here would only be smooth, signal free and rather short drive for the commuters.
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Please inform me when booking in phase 2 fazaia housing society will be started.
Thanks,
Jameel Ahmad
As soon as some information is available in this regard, we will share it with you through our news section.
I am thankful to you and your team, that doing very analytic Servicing job. I have Question about Lahore Fazaia project. Actually I sale my house in karachi and now i want to invest in good and potential market in 15-20 Lack buget. So suggest me future of Fazaia phase2,Lahore. or another athentic societies in Islamabad or any other.
Every investment takes some time to mature and the best time invest in the property market is when the development is in completion phase, this is what Fazaia Phase II is going through right now. Future of Fazaia Phase II and all housing societies in the neighbourhood depend on development of Lahore Ring Road and we all know it has to happen sooner rather than later. So, from that perspective, Fazaia Housing Society Phase II could be a good option for investment.
For seeking guidance about investment options in other localities of Lahore and Islamabad etc, please visit our forum and post a query there. Property experts and analysts from the field will guide you better in this regard.
If it is investment I would recommend buying 1 kanal plot in a project which has some room to grow. You must keep in mind the localities which will come in close proximity to the southern part of ring road as they are positively economical at the moment and will yield heavy benefits once ring road is developed. If you plan living in Lahore then 5 marla plot would be excellent.
what about 7 marla in property guide. Is it ideal or 5 marla?
Smaller plots are more promising for property investment since their demand is higher.
As you have described it seems good place to live or invest. Is there some plots available for sale in phase 1?
Browse our property listings for that.
It looks to be a great project as you described. I need to ask, would it be a good step buy a 7 marla plot in that premier housing society phase 2 as far as investment is concerned?
The first step in this regard would be to check out the market rates of these plots, if you actually wish to buy it.
Hi,
Can you guide me for commercial plots in Phase 2, and available in what sizes?
How you compare it with Fazaia Phase 1.
Muhammad
Dear Muhammad,
You need to consult some property agent in this regard. You can also use our forum to get guidance from the property analysts.
what is the market price of 5 marla plot in fazaia 2 at this time
It is PKR 1,300,000
how much time will be required for the development of house in fazaia phase 2.
The authorities have not announced the possession date for these plots, as soon as the possession is handed over, construction of houses will begin here. It might take one year, Allah knows best.
if i need to buy a plot in fazaia 2 to whom i will contact
For that, you can call Malik Nasir, from ENEM Estate, at 0321 8466023.
He represents an estate agency trusted by Zameen.com. Do not forget to give him the reference of Zameen.com.
Attn : Samra
Please let me know about the fazia scheme in karachi.
Regards
Ahmed
Hey Ahmed, Fazaia housing ka Karachi main so far koi project nai hai.
i am thinking to take plot in fazaia 2. kindly suggest me what is the scope of this scheme in future because it technically out of lahore and too far from main city. is it will be safe investment in this regard. positively it is located near sundar estate which is positive effect. ring road will cover the distance from main city. it is also located between bahria town lahore and bahria orchard on sundar road. is it also positive sign for this society to be a great housing scheme in future. Also suggest me about the development of sundar road between bahria lahore and bahria orchard. from some point this scheme is too far but have many positive aspects also. Also what are ur comments about sundar road between bahria and orchard. which will be the most successful gate of fazaia 2. ie sharig complex road(small entrance gate) or sundar road(large entrance gate.
Your questions will be best addressed by the agent working in Fazaia Phase II, please call Malik Nasir.
You can also approach real estate analysts through the property forum of Zameen.com: http://www.zameeen.com/forum/
what is the market rate of 10 marla plot also
Also suggest me fazaia 2 can make market value like fazaia 1 and there will be small difference of market value in future between both schemes. Also Fazia 2 is on the much deveoped road than raiwand road at this time because when i travel from thokar to adda plot to visit fazaia 2, this was a tough road but from adda plot to fazaia 2 it was just like motorway while opposit road was very shaky on return from fazia 2 to adda plot.
🙂
Call Malik Nasir on 0321 8466023
I am thinking to sell my 5 marla plot from bahria orchard and buy one in fazaiya phase 2. Is it a good decision. Thinking so as bahria orchard is not growing right now and doesn’t seems so in near future. Kindly suggest.
yes i think fazaia 2 would be a very good option in near future because it is back by Pakistan Air force and behria is backed by an individual so fazaia is more suitable housing scheme than any other housing scheme
Is there any lease plan available for phase II? if yes can you share that please!
U CAN PURCHASE PLOT FROM THE INDIVIDUAL WHAICH HAS BEEN ALLOTED PLOT FROM PAKISTAN AIR FORCE ON CASH PAYMENT AND THERE IS NO LEASE PLAN OF THIS SCHEME. PLOTS ARE AVAILABLE ON CASH PAYMENT WITH ALL DUES CLEARED (LAND COST+DEVELOPMENT CHARGES+POCESSION CHARGES). THE SOCIETY IS READY FOR POCESSION AND THE WORK IS GOING ON WITH FULL SWING.
When Fazaia Housing scheme KARACHI going to be started will it be through balloting only among airforce officers or civilians can be the part of balloting
Reply from an expert is expected
Thanks
i think civilian can also apply like gujranwala because i seen a big advertisment on shahrah e faisal fazaia housing karachi coming soon
any update on fazaia karachi housing scheme
Hi, I am interested in Fazaiaa Housing Scheme, Karachi. Pls guide as there is no information available on internet nor any UAN or website address is mentioned on the bill-boards at shahra e faisal. Pls guide.
I am on it Khurrum, please wait for a while.
Any update on Fazaia housing scheme to be started in Karachi? I heard this is going to be started from 25th March. Please confirm.
Need your guidance in this regard.
Thanks
Yes Majid, I am collecting details for you, please wait a bit.
Dear Samra,
I appreciate your timely responses and assistance in the past however this time i.e. in case of Faziaa Housing Scheme, Karachi; you were not able to get back to us on time. Due to which we were not able to get forms as we did not have thr basic infotmation handy. Though, you or anyone from Zameen.com is not bound to reply us but still I am just trying to explain you the importance of your guidance. Please don’t take me wrong as this post is only made for future perspective.
Regards
Khurram
Please accept my sincerest apologies for not being able to produce a piece on it on time, we were busy with magazine production. We will make sure to offer the updates on all real estate matters as and when available.
I am sorry Khurrum, I really am sad that you couldn’t get your hands on the form. If you are still interested to buy it, please give Mr Tariq Malik Awan of Kings Estates a call at 0333-2372001. Give him our reference and he might be able to arrange one for you.
please put some light on ring road project. we all waiting for u post. what is current status. Its approved on 24 April 2015
Dear Samra, First of all, I would like to appreciate your efforts in collecting the facts & share with others. Thank you for your support. I have submitted registration form for Fazaia Karachi apartments but doesn’t have any idea where will it be located, how will we be contacted by Fazaia for further action & what will be the layout plan of the apartments. We request you to collect information & share with us. THank you in advance for your support. I tried to contact the number 0333-2372001, provided by you to get the information for the forms but the number seems to be closed.BR Farrukh
Please advise the status on LRR(Southern Loop)?
Please advise the status of LRR(Southern Loop)?
assalam o alaikum,
what is market value of 10 marla plot in FHSL-II located in Block B?
30 lakh
Insha Allah Ring Road southern loop is going to start in weeks only. Its Confirmed
samra zulfiqar please put some light on southern loop of ring road lahore. development work started, is it true
Hi Zaheer,
Zameen.com is doing a series analyzing effects of Lahore Ring Road’s Southern loop on the housing societies in this part of the city, please check our latest blogs.
R U NOT AVAILABLE HERE. CAN WE STOP USING THIS SITE. REPLY IF AVAILAVLE. I HAVE ASKED ABOUT RING ROAD BUT THERE IS NO PERSON TO GIVE REMARKS. samra zulfiqar please put some light on southern loop of ring road lahore. development work started, is it true.i AM IN KARACHI NOW
http://www.zameen.com/blog/southern-loop-of-lahore-ring-road-and-its-impact-on-nfc-phase-ii.html#comment-1688860
http://www.zameen.com/blog/the-southern-loop-of-lahore-ring-road-and-its-impact-on-lake-city.html
Wait for a similar analysis on Fazaia.
I am sorry you had to wait for my reply.
Please scroll up on this page and use the bar available on the right side to subscribe for daily blog alerts. Getting a notification for the recently posted article will keep you from missing out on any analysis done by Zameen.com.
kindly up[date current fazaia 2 rates
how much wait
what is future of fazaia 2. any body give his remark
N0 ONE IS HERE. I AM HERE. BEST PROJECT. GOOD DEVELOPMENT NICE LOCATION AND HAVE FUN
Hy samra,
It’s really appreciating regarding your rare information.
Samra can you please inform me about FAZIA gujranwala. I’m interested there. Have this society future there, because master city is going really successful there what you think after 2,3 years it will be prove good investment or not…????
I will wait for your kind advice.
Thanks
Dear Samra,
I want to sell my plot of 7 marla in FHSL II ………please would you like to tell me the current price of 7 Marla…Thanks
Dear Samra,
What is current market rate of 10 marla plot in Fazaia Phase 2. Thanks
Best Regards,
Expected Possession Month or atleast year.
Regards
Possession Month or Year.