One of the greatest feelings for a man is to build a house of his choice. So, if you are looking for your dream home in the Lahore real estate market, you can find a home that fits the bill, but there is always the chance that you will not get all the features you want in a prebuilt design. Do you want an alternative that guarantees your dream home with all the amenities you need? Well, have you ever thought about looking at plots for sale in Lahore?
Since real estate in Lahore has always been more home-oriented than apartment-oriented, in newly built communities like this, investors have many opportunities to purchase a piece of land and build a home according to their needs. However, before making such an investment, you need to know the best areas to buy land in Lahore. As real estate and construction costs have hit the roof, it is more important than ever to be extra careful about your investments or savings. The precautionary process begins with choosing the best residential land for sale in Lahore. Are you wondering which areas are best to invest in? Well, you can stop being amazed because we present the five best localities with residential plots for sale in Lahore based on search trends collected in 2020.
According to the latest real estate trends, the most wanted area was the DHA, followed by Bahria Town, Bahria Orchard, and others. We will now discuss research trends for each of these areas in more detail so that you can better understand property prices based on different sizes of residential plots.
DHA DEFENCE
According to the latest DHA Defense trends, Lahore is the best place to buy a residential plot for sale. The most famous sectors of the DHA in Lahore are Phase 7, 8, and 6.
Regarding the prices of residential plots in Defense Lahore, five marla plots can be sold for 30 lakh – 1.5 crore (Pakistani rupees), while a ten marla plot can cost from 55 lakh – 3 crore (Pakistani rupees). On the other hand, the cost of a residential plot of one Kanal range from 75 lakh to 6 crores (Pakistani rupees).
BAHRIA TOWN
Bahria Town was ranked second on our list of the most popular zones with residential plots for sale in Lahore, according to the latest 2020 trends. In terms of sectors, sector E, C, and F in Bahria Town are the most popular when buying a piece of residential land.
Buying a residential plot of five Marla in Bahria town can cost you from 28 lakh to 80 lakh (Pakistani rupees). Meanwhile, a ten Marla residential plot costs 40 lakh – 2 crores (Pakistani rupees), and the residential plot of one Kanal in the same area cost from 75 lakh to 2.5 crores in Pakistani rupee.
BAHRIA ORCHARD
Bahria Orchard ranks third on our list of the most popular residential areas in Lahore. Phase 2 is the most popular sub-region, followed by phase 1, and then phase 4.
In terms of prices, five marlas of residential plots for sale are sold here at prices ranging from 18 to 50 lakhs (Pakistani rupees). On the other hand, residential plots are available from ten marlas for 38 Lakhs to 75 Lakhs (Pakistani rupees). Moreover, a residential plot of one Kanal in Bahria Orchard is typically between Rs 82 lakh – 1.5 crore in Pakistani rupees.
LAKE CITY
Lake City in Lahore is the next hot spot in terms of the latest trends. In Lake City, the M-7, M-8, and M-3 sectors are the most famous sectors of society.
The cost of the five Marla residential plot in Lake City is 26 lakh – 67 lakh (Pakistani rupees), while the ten marla alternative can be purchased for 49 lakh – 1.5 crores (Pakistani rupees). On the other hand, one Kanal residential plot is available between 1.3 crore – 2.5 crore (Pakistani rupees).
LDA AVENUE
Based on search trends, LDA Avenue ranks last on our list of the best residential areas with residential plots for sale in Lahore. Block M, Block J, and Block A in LDA Avenue are the most popular divisions.
Ten Marla residential plots in LDA Avenue can be purchased for 25 – 85 lakhs (Pakistani rupees), and one Kanal residential plot in the area is selling for 60 lakh – Rs 3.1 crores in Pakistani rupees.
That concludes our list of the five best residential areas for sale in Lahore in line with the latest trends for 2020. If buying a prebuilt home suits you, you can also browse the most popular locations with homes for sale in Lahore to see where you should invest your hard-earned money to build a new home in the top-notch areas of the Lahore city.
