Most Expensive Real Estate in Pakistan

Most Expensive Real Estate in Pakistan

Most Expensive Real Estate in Pakistan

In terms of financial security, the real estate sector has a lot to offer; you’ll notice that most expensive real estate in Pakistan is also the most promising and stable. Let us go through the major real estate gemstones in the cities of Islamabad, Lahore and Karachi. 

Most expensive area in Islamabad

The most expensive land in Pakistan is located in the Federal Capital, as is well known. The explanation for this is the strong demand for living in Islamabad’s tranquilly. Let us go into the top housing societies that count as the most expensive real estate in Pakistan,

  • Eighteen Islamabad
  • Park View City Islamabad 
  • Multi Gardens B-17 Islamabad 

Eighteen Islamabad 

Eighteen Islamabad ranks as one of the popular and most expensive real estate in Pakistan. Ora Developers, Saif Group, and Kohistan Builders & Developers had a vision to bring a fresh and foreign way of life to Pakistan. To build the ultimate lifestyle destination, they brought together the best of architecture, building, and sustainable living. 

They built a safe, comfortable, luxurious atmosphere for people who demand the best. They planned a community of villas and apartments powered by world-class amenities. Their dream has come true, and they are proud to present a unique and outstanding creation that you can call home. 

The housing project is specifically located on the Srinagar Highway, previously known as Kashmir Highway, somewhere in the sectors H-17 and H-18. Eighteen is near the Islamabad-Lahore Motorway M-2 and the Islamabad New International Airport. The opulent and high-end project has its main entrance on Srinagar Highway and is also easily accessible from GT Road. 

Residential Projects in Eighteen Islamabad 

Eighteen Islamabad consists of the following residential projects:

  • The Heights at Eighteen
  • The Villas at Eighteen

The apartments in The Heights are available as follows:

  • Studio apartment       
  • 1-bed apartment         
  • 2-bed apartment         
  • 3-bed apartment         
  • 5-bed penthouses

The residential villas are available in the following sizes:

  • 10 Marla 
  • 1 Kanal 
  • 2 Kanal 
  • 4 Kanal 
  • 8 Kanal

Eighteen Islamabad Expensiveness Level 

The rates in Eighteen Islamabad are quite high, in accordance to the sky-high level of luxury and grandeur. 

The residential villas are available in the following prices,

  • 10 Marla PKR 4.66 to 6.95 crore
  • 1 Kanal has a price of PKR 8.72 to 10.52 crore
  • 2 Kanal has a price of PKR 16.27 to 18.62 crore
  • 4 Kanal has a price of PKR 28.41 to 33.81 crore
  • 8 Kanal has a price of PKR 52.23 to 53.92 crore

The apartments are available in the following prices:

  • Studio apartment is costing PKR 1.38 to 1.40 crore
  • 1-bed apartment is costing PKR 1.67 to 1.77 crore
  • 2-bed apartment is costing PKR 2.82 to 2.99 crore
  • 3-bed apartment is costing PKR 3.71 to 4.10 crore

Park View City Islamabad 

Park View City Islamabad has some of Pakistan’s most luxurious real estate with a view of the Margalla Hills as its main attraction. It is intended to have the ultimate dreamy and surreal lifestyle, complete with breath-taking views of the Botanical Garden. It is a CDA-approved project by Aleem Khan and his organization Vision Group. 

Park View City is conveniently located across the road from Bahria Enclave, 15 minutes from Serena Hotel Islamabad, 5 minutes from Bahria Enclave and Bani Gala, and a 1-minute walk from the lush green Botanical Garden. 

Plots in Park View City Islamabad 

The Park View City Islamabad is divided into blocks, Block A, Block B, Block C, Block D, Block E, Block F, Block J, Block H. The residential plots offered are in the following sizes,

  • 5 Marla
  • 8 Marla
  • 10 Marla
  • 1 Kanal
  • 2 Kanal 

Park View City Islamabad Expensiveness Level

Park View City Islamabad proves to be the most expensive real estate in Pakistan. The rates of the residential plots are,

  • 5 Marla is of PKR 15,000,000
  • 10 Marla is of PKR 27,500,000
  • 3.5 Marla is of PKR 3,500,000

Multi Gardens B-17 Islamabad 

The MPCHS, Multi-Professional Cooperative Housing Society recently established an Islamabad sector named B-17. Sector B-17 is located near the Margalla Hills and enjoys an ideal location with spectacular views. Multi Garden Islamabad has a peaceful atmosphere and pleasant weather.

This is the most dynamically changing and expensive real estate in Pakistan. Multi Garden Islamabad B-17’s success can be attributed to its location and modern growth. B-17 Multi Garden is situated in Islamabad’s zone 11 at the foot of the Margalla Hills. On the GT lane, the society is located. It connects Peshawar to the M1 motorway in Islamabad on one end and Islamabad to the M1 motorway on the other.

Plots in Multi Gardens B-17 Islamabad 

The B-17 Multi-Gardens is divided into the Blocks A, B, C, D and E. the plot sizes available are, 

  • 8 Marla
  • 10 Marla
  • 14 Marla 
  • 1 Kanal 

Multi Gardens B-17 Islamabad Expensiveness Level

The Multi Gardens B-17 Islamabad is an expensive one, but the society offers limitless investment opportunities, and it is ideal for both long and short-term investments due to its excellent position, viability, construction efficiency, and high profit margin.

In Block A

  • A 1 Kanal plot is accessible at 60 lac

In Block B

  • 10 Marla plot is accessible at 50 lac
  • 1 Kanal plot is accessible at 75 lac

In Block C

  • 8 Marla plot is accessible at 32 lac
  • 10 Marla plot is accessible at 34 lac 
  • 14 Marla plot is accessible at 45 lac
  • 1 Kanal plot is accessible at 75 lac

In Block D

  • 8 Marla plot is accessible at 22 lac
  • 10 Marla plot is accessible at 28 lac
  • 14 Marla plot is accessible at 30 lac
  • 1 Kanal plot is accessible at 35 lac

In Block E

  • 8 Marla plot is accessible at 24 lac
  • 10 Marla plot is accessible at 32 lac
  • 14 Marla plot is accessible at 50 lac
  • 1 Kanal plot is accessible at 65 lac

Most expensive area in Lahore

The next in line for the most expensive real estate in Pakistan is the city of Lahore. The city is a historic one as well as an important commercial hub for the country. The most expensive of the housing societies in Lahore are, 

  • Lahore Smart City
  • Park View City Lahore
  • Al Noor Orchard Lahore

Lahore Smart City 

Lahore Smart City is to be the second smart city in Pakistan and the continent’s fifth most formative wonder. Two of the most inventive real estate developers in the country, Future Development Holdings (Pvt.) Limited and Habib Rafique (Pvt.) Limited, have teamed up for this project.

Residents of this immaculate city will receive a standard living experience. It is close to the Lahore Interchange on the Lahore Bypass. The Lahore Grand Trunk Road and the Lahore-Sialkot Motorway both lead to this lodging society. The property is approximately 18 minutes away from the Allama Iqbal Lahore Airport and DHA Lahore. 

Plots in Lahore Smart City 

Lahore Smart city is aiming to have a private general square, an overseas block, a financial square, an education area, a health area, a Silicon Valley, a sports area, and an executive block, similar to Capital Smart City. The sizes of plots available are:

  • 5 Marla
  • 10 Marla
  • 1 Kanal 

Lahore Smart City Expensiveness Level

The rates of the plots in Lahore Smart City differ from block to block. 

In the Executive Block:

  • The 5 Marla Plot is obtainable at 18 Lac Rupees
  • The 10 Marla Plot is obtainable at 33 Lac Rupees
  • The 1 Kanal Plot is obtainable at 54 Lac Rupees

In the Overseas Block:

  • The 5 Marla Plot is obtainable at 19 Lac Rupees
  • The 10 Marla Plot is obtainable at 34 Lac Rupees
  • The 1 Kanal Plot is obtainable at 55 Lac Rupees

Thus, this LDA-approved housing society comes in one of the most worthy and expensive lands in Pakistan, providing the sky-high quality of life, amenities and investment returns. 

Park View City Lahore

Park View City Lahore is a prestigious lodging society established by Aleem Khan’s Vision Group, the same pioneer behind Park View City Islamabad. The Vision Group emphasizes on the fulfilment of dreams. True to its name, it will be surrounded by beautiful parks, bringing nature and modernity together.

This LDA-approved lodging society is about 3 kilometres away from the Thokar Niaz Baig Flyover and Canal Road. It is located at a convenient distance from Lahore. 

Plots in Park View City Lahore

Park View City Lahore is divided into four blocks, the Gold Block, Tulip Block, Topaz Block and Jasmine Block. The lodging society presents the Park View Villas in the following sizes: 

  • 5 Marla
  • 8 Marla
  • 10 Marla
  • 1 Kanal 

 Park View City Lahore Expensiveness Level 

The price of a plot varies depending on its size, classification, and location. The Gold Block is catching the attention of buyers and wealthy backers due to its budget-friendly existence. There are 5 Marla plots and 10 Marla plots available for purchase.

  • The 5 Marla plot is obtainable at 4,500,000
  • The 10 Marla plot is obtainable at 7,500,000

With the convenience of the investing community in mind, the society is providing 3.5 Marla plots as well,

  • The 3.5 Marla plot is obtainable at 3,000,000

Park View City Lahore comes in the list of the most expensive property in Pakistan and also the finest and distinguished. 

Al Noor Orchard Lahore

Al Noor Orchard Lahore is a brilliant venture by Al Jalil Developers. Al Jalil Developers is a well-known real estate company that has been serving clients for more than 20 years. They’ve established themselves as a leading brand in architectural growth and for raising living standards by delivering a universal quality lifestyle culture with a mix of ancient heritage. 

It is an LDA-approved lodging society, this is an important factor as which is the NOC document approval is the first thing that the investors look for. 

Al Noor Orchard Lahore is an impeccable lodging community where you can pay in monthly instalments for private plots and villas of different sizes. Al Noor Orchard is located on Primary Sharaqpur Street, a short distance from the M2 Motorway’s Faizpur Interchange. It is easily accessible from any location in the area thanks to its proximity to the Ring Road, G.T Road, Lahore Sialkot Bypass, Multan Road, Orange Line, and Metro. Many of the city’s main commercial areas are within walking distance of the lodging society.

Plots in Al Noor Orchard

The four sectors or blocks that Al Noor Orchard is divided into are the Block A, Block B, Block C, and Block D to better manage and deliver various sizes of plots with various features. Each block has a variety of plot options for purchase. 

  • 3 Marla
  • 5 Marla
  • 10 Marla
  • 1 Kanal

Al Noor Orchard Expensiveness Level 

Each block in Al Noor Orchard has its own set of extravagances and facilities, which is why plot prices vary from block to block and from plot size to plot size.

In Block A

  • A 10 Marla plot costs a total of PKR 6,352,500

In Block B

  • A 10 Marla plot costs a total of PKR 6,050,000. 
  • A 5 Marla plot in Block B has a price of PKR 3,500,000. 

These are indeed expensive rates, which is why Al Noor Orchard has introduced a 3.5 Marla plot size at a better rate of PKR 5,700,000.

Hence, you will find Al Noor Orchard to be expensive but among those housing societies providing the very best at these prices. 

Most expensive area in Karachi 

Karachi is Pakistan’s most populous city. it has a wide range of property prices, but the most expensive real estate in Pakistan is found there as well. The housing societies at the top of the list are, 

  • Clifton Karachi 
  • DHA Karachi 

 Clifton Karachi 

Clifton is Karachi’s upscale suburb, home to some of the city’s most luxurious properties. The area was originally established under colonial rule, but it now has a network of top-of-the-line facilities, making it a lucrative investment for homeowners.

Clifton Karachi Expensiveness 

The following is a survey of the prices:

  • A Type 1 (250 square yard) house cost PKR 47,500,000 in 2015, but it will cost PKR 57,500,000 in 2021, representing a 21% rise.
  • A Type 2 (500 square yard) house cost PKR 110,000,000 in 2015 and PKR 125,000,000 in 2021, representing a 14 percent increase in price.

DHA Karachi 

Defence Housing Society is an organization that provides pompous housing in Karachi. Underground utilities of electricity, water and gas are self-sufficient in society. The calm ocean is visible from the front of the society, providing a relaxing atmosphere for its inhabitants. 

DHA Karachi Expensiveness 

The following is the price pattern from 2015 to 2021:

  • The percentage increase in prices for Type 1 (300 square yard) houses was 40%. The price was PKR 50,000,000 in 2015, but it will be PKR 70,000,000.00 in 2021.
  • The percentage increase in prices for Type 2 (500 square yard) houses was 60%. The price was PKR 75,000,000 in 2015, but it is now PKR 120,000,000 in 2021.

 

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