Grand Square Mall-Lahore’s investment prospects captivate investors

Lahore: Grand Square Mall, a landmark project of Salman Developers, is continuing to generate an enthusiastic response from investors due to its superb location on Main Boulevard Gulberg – and local real estate agents have anticipated uptick in the prices of properties situated within the multipurpose real estate development.

Read: LDA approves apartment inventory of Grand Square Mall in Gulberg, Lahore

The property experts in the area have predicted a 5% annual rental yield and 40-45% capital gains over the next three years. Further, market sources have revealed that average per square foot rate of commercial shops has spiked by 20% between 2018 and 2020 and the same for apartments has risen by a staggering 50% – which can be attributed to the Punjab government’s measures to promote high-rises in the city.

For December 2020, the average rental output of shops was 6.3%, while that of apartments was 7%, whereas the developers are offering a guaranteed 8% rental yield on the project’s split-level commercial outlets. These figures speak volumes about the irresistible returns predicted for this mixed-use development that’s located in the very heart of the city.

Grand Square Mall is a mixed-use 13-floor high structure that encompasses commercial outlets, corporate space and high-end apartments. The developer has already acquire all approvals from the Lahore Development Authority (LDA) and has completed the project’s grey structure ahead of the communicated time frame.

Recently, the project obtained approvals from the LDA for its lavish apartment inventory, and this announcement has caused quite a stir in the local property marketplace. Not to mention that a family gala was also hosted at the venue recently to give the interested parties an overview of Grand Square Mall investment prospects, which was deemed to be a huge success!

HOW TO BOOK A UNIT IN GRAND SQUARE MALL?

Zameen.com is the official marketing and sales partner for Grand Square Mall. We operate a 24-hour helpline facility to address your queries regarding corporate offices, apartments and commercial outlets available for purchase in the project. Reach out to us at the numbers given below.

PAK: +92-42-111-333-333

UAE: +971 4 4378010