Lahore: Zameen Developments — the development arm of Emerging Markets Property Group (EMPG) and Zameen.com’s sister concern — recently launched its flagship project, Zameen Quadrangle. The project, which is situated at a prime location in Gulberg, Lahore, offers exquisite apartments and exclusive penthouses. With the inventory already up for sale, the developer has initiated the development work on the project site.
Read: How Zameen Quadrangle is worth being ‘The New Shape of Your Home’
Project Details
Located along Main Zafar Ali Road and opposite the prominent Lahore Gymkhana, Zameen Quadrangle has easily attracted the interest of both genuine buyers and investors. The excellent range of facilities and comprehensive amenities already available in the vicinity only increase the demand for these apartments. The main concept of the apartment complex is based on reinventing a community-oriented lifestyle, which is encouraged through the provision of communal terraces and a beautifully landscaped central courtyard, The Quad.
Being marketed as the ‘The New Shape of your Home’, Zameen Quadrangle has also been designed entirely by the in-house architecture and design studio of the developer, DESIGNS by Zameen Developments. Currently, the project management team, which is also part of the holistic services offered by the studio, is overseeing the ongoing construction of the project.
Latest Developments
According to latest construction updates from the project site, the construction work on Zameen Quadrangle is underway at a rapid pace.
Officials from Zameen Developments reported that the piling works have been completed. Meanwhile, excavation for the capping beam is underway, they added.
During piling, holes are bored along the periphery of the site down to the depth specified by the geotechnical designers. The piles are used for securing the site for sub-structural execution. They allow for safe excavation for basements and subsequent execution of foundation and sub-structural works.
On the other hand, the capping beam is also a Reinforced Cement Concrete (RCC) structure that ties all the piles together and enhances the stiffness of the shoring system.
Investment Potential
Approved by Lahore Development Authority (LDA), developed by Zameen Developments, and marketed by Zameen.com, Zameen Quadrangle has a great potential for investment. Here are a few other reasons why investors should consider this brand new project in Lahore:
- Registered with FBR; meaning income source declaration is not required
- Rental yield of 7% is expected annually
- Prime location on Zafar Ali Road with close proximity to major roads of the city
- 127% increase in the demand for apartments in the city between 2018 & 2020
- 50% increase in average per square foot price of apartment units in the city
Book a Unit in Zameen Quadrangle
If your are interested in knowing more about the project, its booking details, or pricing, fill the attached inquiry form or contact us via WhatsApp. You can also leave your questions in the comments section below.
Stay tuned to Zameen.com for more updates!
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