Located at a distance of around 3 kilometres from Thokar Niaz Baig in Lahore, Park View Villas is a gated and walled residential project that features plots in various sizes. Mr Abdul Aleem Khan, the head of Vision Group and a prominent member of Pakistan Tehreek-e-Insaf (PTI), is the man behind the project.
Behind Park View Villas, however, lies the land for the Defence Housing Authority’s DHA City project, and rumour has it that the ace developer might just buy out Park View Villas to provide DHA City a clear entrance route along with some extra acreage.
“DHA is most likely going to acquire Park View Villas and merge it with DHA City,” Mr Yasir Aziz of Quaid Associates told Zameen.com. “DHA City currently has access from the Motorway and if DHA Lahore took over Park View Villas, DHA City would get a better entrance directly from main Multan Road,” he added.
If this did indeed ended up happening, it would not be an unusual move because the DHA had also acquired Park View Housing Society (spanning 7,000 kanals opposite Allama Iqbal International Airport) in April 2007, which is now part of DHA Phase VIII.
However, I must stress that this is still complete conjecture and absolutely unconfirmed, because neither DHA Lahore nor Vision Group have made any official announcements even remotely hinting at this possible development, so please take it with a grain of salt.
On a separate note, we have also learnt that the development of Lahore Ring Road (LRR)’s southern loop is unlikely to affect Park View Villas, so the stakeholders of the society should not be worried as their properties are unlikely to be taken over by the government.
According to Mr Aziz, the average market price of 10-marla plots in the locality currently varies from block to block. The sale price of 10-marla plots in Rose Block is around Rs 4,500,000, while in Tulip Block the price ranges between Rs 3,500,000 and Rs 3,600,000.
The payment plan below will clarify further the booking price of the different categories of plots in Park View Villas:
| Category | Sale Price | Membership Fee | Total Price | Down Payment (25%) | Balance | 8 Quarterly Instalments |
| 5 Marlas | Rs 1,850,000 | Rs 16,000 | Rs 1,866,000 | Rs 466,500 | Rs 1,399,500 | Rs 174,938 |
| 10 Marlas | Rs 2,950,000 | Rs 26,000 | Rs 2,976,000 | Rs 744,000 | Rs 2,232,000 | Rs 279,000 |
| 1 Kanal | Rs 8,000,000 | Rs 51,000 | Rs 8,051,000 | Rs 2,012,750 | Rs 6,038,250 | Rs 754,781 |
| 4 Marlas (Commercial Plots) | Rs 8,000,000 | Rs 41,000 | Rs 8,041,000 | Rs 2,010,250 | Rs 6,030,750 | Rs 753,844 |
See the site plan of the locality below:
Right now, it would be pointless to make any predictions about the prices and changes (if any) in the master plan of the locality if DHA does indeed end up acquiring it, so I would recommend stakeholders to keep an ear out for any concrete news about this and take a decision accordingly.
Related News
Interesting Article.
Thanks for this.
ALHAMDULILLAH. You are welcome!
Thanks for detailed analysis, is Lahore ring road confirmed? is it effecting Parkview villas?
I m concerned because I already booked a plot in Parkview villas.
any update…..
dear brother, i want to buy a plot can you tell me is it available on installment plan as you stated a payment plan above.
Yes, I think the plots are available for above mentioned payment plan in Gold Block. I suggest you call Mr Yasir of Quaid Associates at +92-3228888762 for details.
Regards,
zain Nadeem
Thanks for this great information regarding Parkview villas. but in the Map/Plan above there is no Glod Block! can you please share updated layout?
Dear brother
You share the installment plan of the park view villas is there are plots available on installment right now if i want to buy on installment to whom i may contact or how i can buy plot on installment in this society can you plz guide ma
Assalam o alaikum,
Shoaib Bhai,
Please call Mr Yasir of Quaid Associates at +92-3228888762 for details.
Regards,
zain Nadeem
Park View is an illegal housing society. It was approved back after revision in 2006 under the name of River Edge scheme by LDA. Since then, LDA have issues illegal society notice for Park View many times. They are posted on LDA’s official website and have been published in papers. Now why would DHA want to buy an illegal housing society? Just a rumour to sell their plots which no one is buying because of illegal status.
Agreed that LDA published adverts. Society has been approved with name of River Edge society but now offically the name changed to Park view Villas and transfer you will get through River Edge.
Thats a property game for advert. Now Park View has started development for Rose and Tulip block.
How LDA would allow Illegal development. …?
A complete and white lie just to lore the new investors. The first and foremost thing is who told Mr Yasir about the DHA City urban plan which has not yet completed the land acquisition process. Zameen website is real estate portal for brokers not for general public and if they continue their policy of promoting brokers then doom is the destiny
completely agreed
To be fair to zameen folks, they do approve all negative comments too. Look at other websites. If you differ with their opinion, your posts and comments are deleted quietly.
Thank you!
Aoa. Brother installments only available on Gold Block. Which is 3rd block to develop. To be honest 6 more years
Wa alaikumussalam,
Thank you Yasir Shb for your contribution.
Regards,
zain Nadeem
Dear Yasir Sb,
Any update on development progress, what they are developing I these days? I booked a plot n Gold Block, Too much paid just two installments remaining.
Any update particularly on Gold block!!!!
Aoa. Brother installment plan is only applicable for Gold Block. Which will developed approx after 6 years. Tulip And Rose blocks files are all paid.
Gent’s,
I had already invested in the Gold block, but now i came to know from LDA advert. that its illegal. pls. follow the below link:
http:// www . lda. gop. pk/ page. php?p=TVRnNE9RPT0=
Can any one put a light on this matter, that what is the rational behind this, and what happened after this advertisement.
Usman
dear friend Bahria town D,E& F blocks are illegal in the eyes of LDA. furthermore, Lake city, Khayaban-e-Amin, Central Park and many more are illegal but developed …….
Dear:
Our legal authorities sometime gives advertisement without complete details. I agree there are some controversial things about park view villas. Because the society was registered in the name of river edge. So FOUR blocks has no problem in LDA record which are JADE BLOCK, JASMINE, TOPAZ and SAPPHIRE. They are registered under river edge banner and LDA has no objection for that, The problem lies in new developing blocks which are ROSE, TULIP and GOLD block they are being sold under Park view name which LDA says is unregistered. I live in Park View jade block if it was illegal then how LDA could approve the map of my building and transfer it on my name. So if you ask them about river edge they says they have no problems.
i bought plot in gold block since August 2013 with this promise that gold block will be developed within 2 years. Its mean now October 2015 this block should be developed. if this gold block is not developed till date than how it will take time. and why the society make false or lame promises.
Aoa,
Have you talked to the society management about it?
AOA,
I would like to request you, facilitate me for information, that if i bought a plot on cash in Park view villas and i have misplaced file for that plot, than how can i get that file or duplicate for that file again.
I will be really thankful for your soon and positive reply,
Thanks
Aslam-O-Alakum,
Do you have any idea when Tulip and Gold block possession process will start? Now Park view Villas have already started a new block Tulip extension. How they can start an other block when still they have not completed the other blocks? thank you very much!!!
I think it will take 2 years more a huge land has been acquired and roads developed backside of Jade block. 2 years ago there was no development status of Rose block. When I went there 2 months, people were there to get possession of their plots.
Can you advise? whats the tentative rate of 5marla plot in rose or any other bloack which may give us possession within two years?
I want to know one thing from you if one plot does not exist in the LDA official map in Jade or Sapphire Block, can we assume that this plot will be cleared from LDA or all plots of Jade,Jasmine and Sapphire are cleared from LDA?
Join this whatsapp group and invite people to raise voice against Park View Development.
https:// chat. whatsapp. com/J9498atfJnOF2A324TH9XL
Join this group and raise voice against Park View Lazy development.
https:// chat. whatsapp. com/J9498atfJnOF2A324TH9XL
completely agreed
Assalam-o-Aleikum
Bhai jan
Is thePark view villas safe and LDA Approved authority