Lahore is often referred to as “the heart of Pakistan,” owing to its strong cultural heritage and people who are full of life. The city is known for its lively food street, historical buildings, Mughal architecture and old shopping centres.
The city is developing fast, so is its real estate sector. If you are planning to make a rewarding investment, then buying land in Lahore can be a viable option. There are many places in the city where you can get a profitable deal and one such location is Sui Gas Housing Society, which was launched by Sui Northern Gas Pipelines Limited. It was previously known as Lahore Cantt Co-operative Housing Scheme and was built in the year 1975. It was originally developed for the workers of Sui Gas Northern Department, but now anyone can invest in plots here. This housing society has two phases, i.e. Phase1 and Phase 2.
Phase 1 is situated next to DHA Lahore and Phase 2 on Sharif Medical City Road. A lot like other housing schemes, this place also has almost all the facilities available, within and nearby, that attract buyers. It’s also important to note here that Bahria Town, Lahore Sector F, has a common boundary with the Phase 1, Block G of this Housing Scheme.
In Sui Gas Housing society, the plots available for sale are in different sizes ranging from 5 marla to 10 marla. Since the development work is almost complete in Phase 1, the plots are ready for possession. However, there is still some work in progress in Phase 2.
Among bigger area sizes ideal investment in Sui Gas Housing Society can be for 1 kanal plots. The society will provide water, electricity and gas supplies to all units. In Phase 2, the work on electricity grid station has also started, which is yet another major factor that’s prompting buyers to invest here.
The plots in Sui Gas Housing Society, are an attractive choice for buyers who want quick possession and immediate construction of their houses. There are families who have shifted already as the development work has finished in some parts. The prices vary for different area sizes. Historical data suggests price index of 1 kanal plots in Sui Gas Housing Society has increased in the last six months of 2018. The cost of 1 kanal plots usually starts from PKR 55 lakh going high up to PKR 6.5 crore. While asking price of 2 kanal start from PKR 2.25 crore and can go up to PKR 6.5 crore.
Educational institutes for children like Beaconhouse School System and Lahore Grammar School are located in the vicinity, making Sui Gas Housing Society a great investment choice. There are several reputable universities that have their campuses located close to Sui Gas Housing Society, like Beaconhouse National University (BNU), Superior University, University of Lahore, Sharif Medical City, COMSATS and Sharif College of Engineering & Technology. For medical facilities, Health and Wellness Center and Dr Jawad Zaheer Clinic are nearby. Sharif Medical City Hospital is also situated near this Society.
Popular eateries like Subway, Burger Hub DHA and ZeGrill are located in the vicinity. There are other restaurants like SMC Restaurant, The Pizza Shop and the Boulevard Express Restaurant serving both contemporary and traditional cuisines. There are some malls nearby that provide a convenient shopping experience to the residents of SGHS. Quaid Height and JP Towers are some of the most popular shopping centres in Sui Gas Housing Society, Lahore. Some bakery and confectionery shops can also be found here.
There are beautiful parks with jogging tracks located within the society to help the residents maintain a healthy lifestyle. Developers have promised ample supply of water, gas and electricity. The society is in high demand due to its proximity to other well-developed housing projects like Bahria Town and Walton Cantt. The security of the area is well-maintained with police check posts and stations such as Sunder police station and Faisal Town police station situated nearby. It is a gated community, therefore, it makes sure to provide a safe and secure environment for the residents.
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