Lahore: Pace Circle — a project of Pace (Pakistan) Limited — is increasingly becoming a hard-to-ignore, mixed-used, high-rise development that addresses the shortage of premium hotel apartments in the vicinity of the Allama Iqbal International Airport.
The project was launched some years ago, and while construction work at the project site remained stagnant for some time, the pace of development has picked up recently. Presently, the development of the grey structures of the three towers that comprise to make Pace Circle are nearing completion, after which the developer is expected to initiate the finishing work and start handing over possession.
The high-end, mixed-used development spans over 41 kanals of land that is situated in a prime location on Amjad Chaudhry Road — opposite Askari 10. The said road leads to Barki Road and the Lahore Ring Road to the east, and the Aziz Bhatti Road to the west. Several important areas of the city lie in the immediate vicinity of Pace Circle, including the Lahore Garrison Golf & Country Club, Fortress Stadium, Saddar, and DHA Phase VIII. In addition, the rest of Lahore is also easily accessible through the city’s existing and expansive road network.
The project features three towers, with each containing three basement floors for car parking, a ground floor plus 11 storeys. Each tower’s ground floor and the first three floors feature commercial units, while the remaining floors are reserved for hotel suits and serviced apartments. Moreover, the project has been designed around a central court yard featuring a plunge pool and various other attractions.
The developer placed special emphasis on the layout and the finishing of the hotel apartments and serviced apartments. These units come fitted with top notch finishings and accessories. Some of these stunning features include:
Work desks
Bathrooms done in marble, with separate tubs and large mirrors
Teak floors
Step-down rain showers
Floor to ceiling windows
Why invest in Pace Circle?
It is the only project that provides world-class accommodation to travelers/guests seeking a place near the airport
The developer has procured all related approvals from the Lahore Cantonment Board
The expected capital gains in the next four years stand at an impressive 60%
Guaranteed 8% rental yield on hotel and service apartments
The building structure has been 70% completed, while the units on sale are available on a four year payment plan
A complete range of amenities ensure the provision of comfort, convenience and luxury
How to book a unit in Pace Circle?
Zameen.com is the exclusive sales and marketing partner for Pace Circle. This essentially means that we have taken care of all the background checks in order to ensure that not only does your money remain in safe hands, the investment you’ve made also gives you the promised returns within the stipulated timeframe. You can discuss all of this and more with our property experts by giving us a call on the following numbers:
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
