With millennials investing in tiny houses and small apartment projects, people now prefer to live in small houses or apartments in a centralized city, usually closer to their workplaces. So, as the apartments are trending, let us help you know the top areas to invest in apartments, keeping in mind the residents’ location, facilities, and amenities.
Gulberg, DHA, Zafar Ali Road, Raiwind Road, and Johar Town are the topmost areas to buy Lahore apartments. As these areas are a commercial hub of the whole city of Lahore and most workplaces, offices, companies, or the head offices of most of the businesses are located here. Moreover, in response to the growing demand for housing and to avoid Lahore’s urban expansion, the Pakistani government is also reassuring more vertical urban development.
This change towards sky-high buildings will benefit the economy in the long term by providing valuable land that can be used for numerous purposes, such as creating green belts and creating more entertainment. The empty land can also be used for animal farming and agriculture, which guarantees food security and contributes to its economic growth. Certain benefits of high-rise buildings and a shift in buying real estate in vertical developments have prompted many developers to build Lahore’s new residential apartments.
For our clients’ ease, we have collected some of the top areas to invest in Lahore’s apartment projects. Let us have a look!
DHA, LAHORE
Defence Housing Authority – the most popular area for buyers and investors, is Lahore’s most luxurious residential areas. The DHA is one of the first authorities to make noteworthy construction changes in line with commercial land laws in line with Prime Minister Imran Khan’s vision of high-rise buildings.
Starting with the first four stages, DHA, Lahore expanded from the sixth and thirteenth phases. Phase 8 of the DHA is located adjacent to Allama Iqbal International Airport on the ring road and is considered one of the best options to invest in high rise projects.
GULBERG, LAHORE
One of the beautiful residential areas in the heart of Lahore is Gulberg. It is conveniently located close to Liberty Market, MM Alam Road, and Gaddafi Stadium. Gulberg sets a new direction in the construction business. Gulberg, Lahore is slowly becoming a flourishing business district – home to company offices, hotels, retail outlets, and contemporary apartments. For this reason, it continues to be one of the most popular areas in Lahore, with buyers searching for apartments.
Gulberg has five districts, of which Gulberg III is very popular with buyers and investors interested in apartments. Adjacent to PAF’s Gulberg III in Block L, several family apartments have captured investor heads’ attention. There are unique vertical projects with state-of-the-art amenities that promise style with an ideal location.
ZAFAR ALI ROAD
A well-connected road provides an excellent location for residential and commercial properties. The nearness to Gulberg V contributes to a calm and quiet environment. Lahore Gymkhana Hotel is located next to Zafar Ali Road and offers top-notch facilities such as a tennis court, modern gym, and swimming pool.
Also, Lahore was located close to Zafar Ali Road, making it an ideal location for commercial and residential investment. Close to Zafar Ali Road, there are renowned hospitals, first-class schools, higher education institutions, modern and luxury hotels, retail outlets, and various food outlets, which enhances its commercial value.
JOHAR TOWN
Johar Town is a thickly populated area and very popular with people looking for affordable housing options. Almost all kinds of facilities are in access there which ensures a comfortable stay. There are many public transportation options, markets, parks, schools, and fitness centers that serve the area’s growing population. Many developers have built several low-cost apartment projects in Johar Town to meet the housing demand in this widespread area.
RAIWIND ROAD
The most suitable location for apartment investment in Lahore is Lahore’s important artery, Raiwind Road, which is also teeming with new residential developments. This is why several investors are considering buying property on Raiwind Road.
Several residential projects have been launched here recently. One can also find many lots and apartments on this road. The road also connects the most important residential areas such as Bahria Orchard, Lake City, and Bahria Town. Raiwind Road has schools, parks, mosques, and shopping malls to make life easier for residents. There is also an affordable residential project like Lahore Fortress Apartments that provide all the amenities you need for a relaxed lifestyle.
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