Fast-paced development work underway at Pace Circle-Lahore

Lahore: Fast-paced development work is underway at the project site of Pace Circle on Amjad Chaudhry Road, while over 70% work on the grey structure of this multi-purpose complex has already been completed.  Pace Circle offers a mixed-use inventory comprising shops, and hotel and serviced apartments to the people interested in securing a valuable real estate asset in Lahore.

Read: Pace Circle unveils features of its five-star hotel

Location Highlights

The most prominent reason behind the soaring demand for commercial outlets and apartments in Pace Circle is its prime location near Rangers’ Headquarters opposite the main entrance of Askari X. The Lahore Ring Road’s Abdullah Gull Interchange and Allama Iqbal International Airport lie in its close proximity.

From here, prominent areas and facilities such as DHA Phase V, VI, VII and VIII, Cavalry Ground, Canal Road, Gulberg, Mall of Lahore, Lahore School of Economics, Lahore University of Management Science, Lahore Garrison and Country Club and Royal Palm Golf and Country Club lie at a short driving distance.

Approval Status

Pace Pakistan Limited, the project developer, has procured all related approvals from the Lahore Cantonment Board. The investors find this high-quality real estate development a lucrative prospect due to its commercial importance.

Investment Prospects

Based on how the value of the real estate in the neighbourhood has increased over the past years and what the upcoming developments have in store, the property experts have estimated 50% to 60% capital gains in Pace Circle over the next four years. This is in addition to the fact that an investment made in serviced and hotel apartments here comes with a guaranteed 8% annual rental yield.

Project features

As for the amenities that are being offered at this multipurpose development, the dwellers will get to enjoy spacious parking, uninterrupted power supply, fitness centre, shopping malls, cinema, pool-view apartments, wooden flooring, supermarket, play area and a food court. The project – atop all the contemporary amenities – also features a five-star hotel that spans over a gigantic area of 375,000 square feet. The guests at this hotel will be offered the very best of hospitality services.

HOW TO BOOK A UNIT AT PACE CIRCLE?

Zameen.com is the official sales and marketing partner for Pace Circle. If you are interested in seeking more details about this promising project or wish to book a commercial outlet or serviced/hotel apartment, please fill out the form; appearing on the right side of the screen (for desktop users). Mobile users will find the said document at the bottom of this piece.