Having a population of more than 11M, as per the 2017 census, Lahore is the second highest populated city of Pakistan. The spectacular architecture of the city, which includes forts, mosques, gardens, and tombs, serves as a reminder of the great Mughal Empire. Known for its rich culture, Lahore is a highly urbanized cosmopolitan city of the country that has embraced multiethnic and multicultural people with open arms. The infrastructure developments over the past decade have completely transformed it into a modern metropolis. The city is growing in all directions in order to accommodate the rising influx of people. The mixture of newer and older housing schemes has resulted in a boom in the real estate sector of Lahore.
Established in 1921, Model Town is the oldest cooperative housing society of the city. While some families may choose to reside in huge mansions, others may prefer buying a flat in Model Town as it can be slightly more affordable and convenient.
Over the years, Model Town has managed to sustain the status quo ensuring that you would find your desired living space, without compromising the quality of life. Although the society mainly comprises spacious homes and huge villas, you will also find mid-rise apartment complexes in some of its blocks. Buying trends for apartments within Model Town show that Model Town Link Road and Model Town Block-D are two of the most-searched localities of the area to purchase flats. You can choose from flats having 1, 2 and 3-bedrooms with attached baths. Each flat comes with a well-built kitchen having quality fixtures and fittings and a drawing/dining area while some may offer additional space for a lounge. Parking, electricity, gas, and water facilities are provided by the developers.
Model Town has witnessed many developmental changes during the course of time, which has completely refurbished the society giving a hike to the property prices. It is not possible for a common man to buy a house or plot in the posh area of Model Town and hence, many of them end up buying flats in the locality. A 2-bed apartment in Model Town can cost you anywhere between PKR 14 lakh and PKR 60 lakh, whereas if you analyze the sale price trend of a 3-bedroom flat, it will fall between PKR 25 lakh and PKR 30 lakh.
A number of public and private sector schools are found in and around Model Town including The City School, Govt. Shuhda-e-APS Model High School, Dar-e-Arqam, and Lahore Grammar School, etc. while University of Engineering & Technology, FAST NUCES, and Lahore Islamic University etc. are few of the institutions that are providing specialized degrees to the students. A public library has also been set up in the area that stores more than 40,000 books in it, keeping the book reading culture alive. Moreover, many well-built hospitals which are being supervised by highly qualified medical professionals, are providing state-of-the-art medical care to the residents.
Model Town is a gemstone in the real estate sector of Lahore as it offers unique features and amenities that are a class apart. The area was given a face-lift during the General Zia-ul-Haq era. Proper electricity cable, sewerage and waste disposal systems were installed, roads were widened and street lights were put up. Besides providing basic utilities of electricity, gas, and water, it also possesses carpeted roads, commercial areas, hospitals, schools, green belts in every block. One of its distinctive features is the Model Town Park which is the largest park in the city that is visited by people from all around Lahore every day. Public transport is also easily accessible. Moreover, being home to renowned personalities, strict and highly alert security is provided to the area.
Buying property in Model Town means you have the access to some of the best shopping malls of the city as Pace Shopping Centre, Amanah Mall, Zainab Tower, etc., are located in different blocks of the society. Also, each block has its own commercial area where residents can easily buy bakery items, groceries, and other things of daily use. Several restaurants and cafes are located here including McDonald’s, Gloria Jean’s, and Dunkin’ Donuts.
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