Lahore Ring Road (LRR)’s southern route is set to change the city in many ways. Not only is it one of the biggest infrastructural developments, but it is also a key ingredient helping property prices shoot up. With this piece, I’m going to tell you all you need to know about the upcoming infrastructural development.
The LRR southern loop is set to connect central parts of the city with its southern peripheries. Development work has been underway at an impressive pace. According to Lahore Ring Road Authority (LRRA) Chairman Abdullah Khan Sumbal, about 34% work has been completed on the southern loop i.e. LRR’s SL-1 and SL-2.
According to my sources, the project is now in its advance stages. To ensure a fast-pace for the work being done, a private-public partnership contract was awarded to the Frontier Works Organisation (FWO). The FWO brought on other companies to work on different parts of the project simultaneously.
The LRRA estimates that the SL-3 route would be constructed to the tune of PKR 7.7 billion. The authority expects that the 8-kilometre long loop will be completed in nine months after the contract is awarded to a suitable company.
Property agents keeping an eye on the development of this project seem satisfied with the pace of the work. Some of them even believe that the road will be completed before the promised August 14 deadline. From what I can tell, these suspicions are correct.
Meanwhile, property rates in the societies that lie close to the interchanges of SL1 and SL2 continue to inch up. If you wish to benefit from this price rise, Springs Apartment Homes, Icon Valley, Sheranwala Heights, Lake City, Fazaia Housing Scheme, DHA Rahbar and Central Park should be on your hit list.
Authorities looking into LRR are moving forward fast, and will be awarding the contract for SL-3 soon. According to a news source, the LRRA is currently busy negotiating with different contractors to establish a private-public partnership mechanism for the construction of SL-3. The route is to connect Adda Plot with Multan Road.
The LRRA is currently busy acquiring land for SL-3. If your land falls within the spots being considered for construction then you should be worried. Someone from the authority will be reaching out to landowners soon. If someone has already contacted you then share the offer you have been made in the comments section below.
We already know that the 8-kilometre long SL-3 passes through Bahria Town, an issue that many property owners in the society have been worried about. However, even this development is expected to cause a price hike in Bahria Town for properties that do not lie in the SL-3 path.
It would be interesting to see how landowners are compensated for the land that is needed for SL-3. In Bahria Town, some people have been compensated but many others are still awaiting the resolution to their issues.
Have something to add to this story? Let me know in the comments section below. I’m especially looking forward to hearing from people whose properties fall within the SL-3 route.
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dEAR Samra,
if possible please share some progress snaps of LRR on your website, it will be helpful many of us,
regards
any hike is expected in AWT phae 2 as well due to LRR ??
any hike is expected in AWT phase 2 as well due to LRR ??
Partially, yes. This particular society will reap greater benefits from LRR’s SL3.
As you mentioned in your post, How Springs apartments Homes will benefit from under construction SL 1 & SL 2 of southern loop as SL-3 loop (Raiwind Road to Multan Road) is still to be started and even contract has not been awarded yet.
Any benefit expected to Bahria Orchatd Phase 4?
Any benefit expected for Bahria Orchard Phase 4?
Its dead sure that lake city and bahria orchard are the prime beneficaries of LRR intersecting raiwind road at adda plot after completion of LRR
Dear Samra.
want to know the current staus of SLIII from raiwind road to multan.when its construction is going to start.
what is the future on Inmol Cooperative housing Society after completion of LRR-1.
Can you please mention the impact on LDA city because the ring road is passing through LDA city. There is an interchange planned by consultant of LDA city but FWO being contractor is not owning this proposal because they have dead lines and detailed design given to them do not have provision. Interchanges are at Ferozpur road ,Kacha Road and Halloki.Fwo is estimating the cost of interchange as 3 to 4 billion.
Town Planner
Mian Wamiq Anwer
you not mention lda city in the list of price hike societies….
Any hike expected in Bahria nasheman as its front of Central park?
Any Hike expected in bahria nasheman as its in front of central park?
My Property falls in Commercial area of NFC2 where Interchange side roads will be built I believe. No one has ever contacted yet from LRR authority and even Society office never gave any information that what will happen to us?
what is the future of paec socity lahore after sl-3 ring road
How’s central park going to benefit from LRR?
Can you pl explain what’s SL 1 , SL 2 and SL 3 . Are these different sections of LRR or interchanges. If these are sections can you pl explain from where does the SL 1 starts and where to it ends.
If these are interchanges then can you pl explain which one is Adda plot .
Even better if you can share full map of the LRR . Thanks.
i know about nfc 2 election and ring road.
Hello,
Any hike predicted in prices of Lakecity M2A… Should i hold my plot for next 06 months.
Hello,
Any Price hike expected in Lakecity M2A. Should i hold my plot for next 06 months.
Dear Samra, are you referring Fazaia phase 1 or 2?
Thank you for update . Which interchange will serve Lake city. And
Which interchange will serve AWT 2.
Dear Samra,
Thanks for the article. Will the development for SL3 start after Aug 2017?
And yes I am an affectee inn Bahria GVR and Bahria seems to have done nothing about it except empty promises and talks. They seem to always come up with time buying tactics which has been irritating to most investors and genuine clients of GVR.
Kindly share what is the latest with Bahria GVR and if there has been any solid news or development.
Best Regards.
Any hope for bahria orchard after it’s completion ??
Why did you say’partially yes’? Is it because society is not exactly on Adda Plot? I am interested because I have a plot in AWT-II. Thanking you in anticipation.
Which interchange will connect bahria town , can one tell please.
Hi,
What about chinar bagh housing society, is there will be affect on this housing society. They also selling new commercial and residential plots, is there will be any hike in chinar bagh?
How about Khayaban-E-Amin – LRR SL-II passing exactly from middle of this housing society. You had not included in your research?
If you have Map of LRR SL-I & II, pls upload, if not kindly mention Inn/Exit Point Locations.
Best Rgds!
If u could please give an idea about Eden Meadows just after Hadyara drain?
Whats the future if that prihect?
LRR is also passing through Khayaban-e-Amin, any chance for the price hike in KA as well?
Any chances for the price hike in Khayaban-e-Amin as the LRR is also passing through it?
You mentioned “Springs Apartment Homes, Icon Valley, Sheranwala Heights, Lake City, Fazaia Housing Scheme, DHA Rahbar and Central Park” but not Khayaban-e-Amin? Why, isn’t LRR passing in between the blocks of Khayaban-e-amin?
you mentioned “Springs Apartment Homes, Icon Valley, Sheranwala Heights, Lake City, Fazaia Housing Scheme, DHA Rahbar and Central Park” why not Khayaban-e-amin. is LRR not passing through the blocks of Khayaban-e-amin?
LRR is passing thru Khayaban e Amin I think this article was written for marketing purpose of other mentioned societies.
Any impact of LRR on Dream Garden?
how far from the icon valley when it will be completed
how far from icon valley and when it will be completed
The Good societies will be good and poor will remain poor please dont see dreams like LRR will make audit and acount price equal to DHA or Lake city will become equal to Bahria ,, please dont live in fools paradise , this is just a hype create by agent to got their commissions more and more just making fool poor igonrant peoples ,, kuch nahi hona Koi asman pe nahi pohanch jana kisi society na choti society choti hi rahay gi there will always be a difference … is ki misal state life society ha bilkul ring road k oper ha aur jitna ka waha 10 marla ka ghar ha itna ka DHA 5 me plot bhi nahi ha 10 marla ka ,,…. OK i Hope ap ko saajh agai hogi
I heard from a friend whose plot is being taken over by the ring road Fazaia 1 that she was told over the phone that the compensation to her for the plot would be by the DC rate, which she was told is one one lakh fifty per marla. This is a rip off I hope it is not true.
Why don’t you guys explain situation with Khayaban-e-Amin? It’s a big society and very adjacent to LRR and in fact LRR gets passed over few blocks too.
Do you have an investment there? If yes, you should be aware of the reasons why I don’t include it in the list. If you don’t know it already, please wait till i share it all in another blog.
Can you plz tell me about the future of Grand Avenues Housing Scheme?
Respected Samra Zulfiqar,
I will be waiting for the reason for Khayaban e Amin, specially for L block.
Thanks.
Anxiously waiting for your independent review on it particularly about undeveloped blocks such as M, etc.
Hi Samra
Yes, I have. I am waiting for your blog. Thanks.
Please comment on the future of Grand avenues, any impact of LRR on prices??
What is a future of AWT 2 .. Is this society good for House Construction Now…
I am going to buy a plot of 5 marla plot in grand avenue.what is the future of this project as some of dealers guide that DHA ph 10 will take it or near by this.
DHA Phase X falling close to it is correct, the other part is so far not.
what about orchar-phase 4? its time to invest there?
what about orchard phase-4, its time to invest there?
WHAT ABOUT BAHRIA ORCHARD PHASE-4, IS IT TIME TO INVEST THERE?