Most Expensive Residential Area in Pakistan

Most Expensive Residential Area in Pakistan

Most Expensive Residential Area in Pakistan

.. Let us go through the prime residential area investments in Lahore, Islamabad and Rawalpindi.  

Most Expensive Residential Area in Lahore 

Lahore is Pakistan’s largest city as well as Pakistan’s wealthiest cities with an approximate GDP of $84 billion in 2019. The Walled City, the prominent Badshahi and Wazir Khan Mosques, as well as several Sikh and Sufi shrines, are all located in the city, which generates a large portion of Pakistan’s tourism business.

The top most expensive residential areas in Lahore are as follows:

  • Lahore Smart City
  • Park View City Lahore

Lahore Smart City 

Lahore Smart City contains the most expensive residential area in Lahore and indeed the very best. It is an unrivalled project by the Future Development Holdings Limited also known as FDHL and Habib Rafique (Pvt.). The foundation of this housing society has been laid with the objective of providing modernity, tranquility and stability to the citizens of Pakistan. Soon it will become the first smart city of Lahore and the second in Pakistan after the Capital Smart City. 

This housing society is located near Kala Shah Kaku on the Lahore Bypass. It is conveniently situated near the Lahore interchange. The housing society is easily accessible from Lahore’s GT Road and the Lahore-Sialkot Motorway. It will also have an open route from the Lahore Ring Road. Residents will be able to link the Lahore Smart City Housing Society to the rest of the city. 

This LDA approved lodging society is designed in such a way that it creates a resilient societal atmosphere, allowing residents to experience a sensual and tranquil society that has the potential to develop into a platform for industrial, leisure, and residential opportunities. 

Park View City Lahore

Park View City Lahore is one of the Vision Group’s most promising housing projects. Aleem Khan is the founder of the Vision Group and a member of Pakistan’s ruling party, the Pakistan Tehreek-e-Insaf (PTI). In the year 2012, the Vision Group began creating and inspiring others towards the real estate industry. They quickly earned a trustable reputation. They have completed a number of high-end real estate projects in Pakistan’s major cities, including Lahore and Islamabad.   

Park View City Lahore is in an ideal location. It is situated on the main Multan road, directly across from the DHA EME region. The Thokar Niaz Baig Flyover and Canal Road are just 3 kilometers away. The best part is that Park View City Lahore is easily accessible from all parts of the city. The Lahore-Islamabad highway is just 2 kilometers away. 

It is the most expensive residential area in Lahore as well as the finest. Park View Society’s villas have an elegant interior with detailed finishing and ample living space. New greenery and spectacular refreshing scenarios cover the entire area of villas. 5% of the overall land area is devoted to green fields and parks. 

Most Expensive Residential Area in Islamabad 

Islamabad is a clean, spacious and quiet city. The Shakarparian and Margalla Hills are two of the city’s most well-known parks and forests. The Faisal Mosque, is a prominent landmark. It is South Asia’s largest mosque and the fifth largest in the world. 

The top most expensive residential areas in Islamabad are as follows:

  • Discovery Gardens Islamabad
  • Eighteen Islamabad  

Discovery Gardens Islamabad 

The Discovery Gardens Islamabad is among the most prestigious projects in Islamabad. It has obtained the interest of investors and clients as well due to its uniquely designed villas and lush greenery. The Falaknaz Group and the All Pakistan Builders Association are the developers of this brilliant project. 

The Discovery Gardens Islamabad Housing Scheme is located alongside Capital Smart City, Top City, and other well-known housing societies on the Islamabad-Lahore Highway. It is at a 15-minute drive from the New Islamabad International Airport. It is just 3 kilometers from the Rawalpindi Ring Road. 

Discovery Gardens Islamabad is aiming to provide natural beauty in the form of beautiful central parks, lush greenery, and a serene atmosphere to give your life a rustic feel. Residents of Discovery Garden Islamabad can also enjoy high-end facilities such as themed parks, five-star hotels, riding clubs, botanical gardens, and other modern conveniences. 

Eighteen Islamabad

The Eighteen Islamabad is a rising star in the sky of real estate, it is truly the most illustrious and expensive residential area in Islamabad. Tarek Hamdy is the CEO of Eighteen, an ambitious real estate project that will be the Orascom Construction Industries’ flagship project in Pakistan. Orascom is a publicly traded Egyptian construction company owned by the Sawiris family, one of the wealthiest family in Egypt. Kohistan Builders and Saif Group Ora Developers are also collaborating on the project. 

The project is situated on the Srinagar Highway, formerly known as Kashmir highway, 5 kilometers from Golra Mor and 3 kilometers from the Lahore-Islamabad exit. It is the most conveniently close housing society to the capital city, and it is just a few kilometers from the New Islamabad International Airport. The project is right next to University Town, one of the region’s oldest housing societies.

Eighteen Islamabad will become Pakistan’s most exclusive and posh housing developments, with an effective rate of about 2 billion dollars. The society promises to provide the citizens with world-class services and luxuries.

Most Expensive Residential Area in Rawalpindi

The city of Rawalpindi is the epicentre of all economic, manufacturing, and military activity in Pakistan. It is in proximity to Islamabad. Islamabad and Rawalpindi are considered sister cities and have a close relationship. Ayub National Park, the Army Museum and the Raja Bazaar are the most famous places to visit in Rawalpindi. 

The top most expensive residential areas in Rawalpindi are as follows:

  • Capital Smart City
  • Taj Residencia 

Capital Smart City 

The Capital Smart City is the first ever smart city in Pakistan. It has developed into one of Asia’s most significant residential developments. It is ranked the fourth in the continent. Future Holdings Developments and Habib Rafiq (Pvt.) collaborated on this project. 

FDHL is a leading Pakistani real estate developer and asset management firm that aids in the development of visionary smart cities to provide not only a glamorous up-scale lifestyle but also fruitful contributions to its investors. Habib Rafiq is a renowned name in Pakistan’s real estate are the developers of Islamabad’s Bahria and DHA communities. They’ve also established their own housing societies in Sargodha, Multan, and Sahiwal, dubbed Royal Orchard Multan, Royal Orchard Sargodha, and Royal Orchard Sahiwal, respectively. 

The Capital Smart City is situated in the Rawalpindi Region of Islamabad. The project is situated on the eastern route of CPEC, 9.2 kilometers from M-2 Toll Plaza near Thalian interchange on the Lahore-Islamabad Motorway. The New Islamabad International Airport is just 5-6 minutes away. Eighteen Islamabad, Lahore Smart City and Blue World City, are some of the housing societies that are close to it. 

Capital Smart City is the most expensive residential area in Rawalpindi because it provides its residents with a one-of-a-kind and distinctive living environment, complete with cutting-edge amenities. This housing society would become Pakistan’s first Smart City by incorporating modern technology and implementing smart features. 

Taj Residencia 

Taj Residencia is an RDA approved lodging society that shall be the epitome of brilliance and superiority in the future. It is an esteemed project of the Sardar Group of Companies. The Centaurus Mall in Islamabad is an example of the quality and splendidness that the Sardar Group of Companies is capable of. 

The Taj Residencia is located on a lush green space just 20 minutes from The Centaurus, 5 minutes from Quaid-e-Azam International Hospital, and 10 minutes from New Islamabad International Airport. Taj Residencia is located in Islamabad, parallel to CDA sectors I-14 and I-15. It has three exits, one of which is from the I-14 link road. There are three entrances, one of which is from the I-14 link route. The second entrance is from Lakhu Lane, which leads to the Thalian Interchange motorway M2. The third entrance is from the CDA sector I-16. 

The Taj Residencia is one of the most expensive residential areas in Rawalpindi because of the high degree of luxury that they are aiming for. 

Where to Invest in Pakistan Real Estate 2021

Where to Invest in Pakistan Real Estate 2021

Where to Invest in Pakistan 2021

The real estate sector ensures the most promising of investments, because the value may rise or fall, but property, in general, always has a value. Pakistan real estate is flourishing at the moment, due to the incentive packages announced for Overseas Pakistanis and locals as well. A brief forecast of Pakistan real estate 2021 has left it known that 2021 is expected to be a year in which more undeclared capital is to be invested in real estate. It will be a productive year, especially for the ongoing construction projects and the areas under possession. 

Pakistan’s real estate development and properties are dispersed throughout the country. Though each region has its own range of offerings and investment opportunities, the top three cities for unrivalled real estate investment are Lahore, Islamabad and Rawalpindi.

We will concentrate our property research in Pakistan on the top three cities. Let us dive into an overview of the cities listed above, then go through the top 3 areas in each city to give you a better understanding of what makes these cities attractive enough for an investment.

Lahore Real Estate

The City of Gardens, Lahore, is a historic city in the heart of Punjab. You will know of its historic importance as soon as your train enters the Lahore and you see the medieval-style structure of the railway station. It’s as if you’ve walked into a wonderful history.

The Lahore train station’s unique construction is due to the fact that it was constructed after the 1857 war of independence. The station is, without a doubt, a legacy of the vast railway network built during the British period. Lahore contains many historically important places of the British era. 

If you wish to invest your hard-earned money in Lahore, let us tell you about the brilliant new housing projects in Lahore for you. 

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

Lahore Smart City 

Lahore Smart City is one of Pakistan’s most unique real estate properties. It is a collaboration of two of the most brilliant developers in the real estate sector, Future Development Holdings (Pvt.) Limited and Habib Rafique (Pvt.) Limited. 

The standard living experience will be rightfully delivered to the residents of this pristine city. The location is connected to the city and provides an environment different from it at the same time. It’s located on the Lahore Bypass near the Lahore Interchange. This lodging society can be reached by the Grand Trunk Road Lahore and the Lahore-Sialkot Motorway as well. The Allama Iqbal Lahore Airport and DHA Lahore are at a distance of approximately 18 minutes from the property. It is going to be a technological masterpiece. Upon its completion, it will be ranked the fifth formative wonder of its kind in the continent and the second in Pakistan. 

Park View City Lahore 

Park View City Lahore is an esteemed lodging society presented by the Vision Group of Aleem Khan, the same creative individual behind Park View City Islamabad. For the Vision Group, the deliverance of dreams is the priority. 

True to its name, it will be surrounded by the greenery of beautiful parks, to bring nature alongside modernity. Covering a land of 7000 Kanal, it is about 3 kilometers from the Thokar Niaz Baig Flyover and Canal Road. It enjoys a favorable distance from the city of Lahore. The lodging society is on the top of the list for investors and clients as well.  

Al Noor Orchard Lahore 

Al-Noor Orchard Lahore is an LDA-approved lodging society that offers a wide range of feasible bookings and appealing properties to meet the needs of today’s investors. This housing society was brilliantly developed by Al-Jalil Developers. The society worked hard to achieve its goal of being a leader in the field of urban planning.

Al Noor Orchard Lahore is a cutting-edge lodging community where you can buy private plots and villas in various sizes in monthly instalments. Al Noor Orchard is located on the Primary Sharaqpur Street, just a few minutes’ drive from the M2 Motorway’s Faizpur Interchange. It is in proximity to the Ring Road, G.T Street, Lahore Sialkot Bypass, Multan Road, Orange Line, and Metro makes it easily accessible from anywhere in the city. The lodging society is close to all of the city’s major commercial areas.

Bahria Orchard Lahore

Bahria Orchard Lahore is a project of excellence by none other than Malik Riaz, the founder of Bahria Town. Bahria Town Pvt Ltd is one of the most trusted names in the real estate sector. The lodging society is designed with the objective to bring the thralls of nature and technological marvels at one place. 

The Bahria Town projects are situated outside the main city, with the residents’ comfort and convenience in mind. The Bahria Orchard Lahore is linked to all of the city’s major commercial zones due to its location on Raiwind Lane. It is next to the Fauzia Housing Scheme and the Lake City Residency. Bahria Orchard is in a prime spot, just minutes from the Thokar Niaz Baig flyover and Canal lane.

Islamabad Real Estate

Islamabad is a piece of the heaven on earth, its greenery along with that of the Margalla Hills and Shakarparian forests makes it stand out from all the other cities of Pakistan. It is undoubtedly one of Pakistan’s safest cities. Islamabad is also a family station for the United Nations, thanks to the constant and unwavering efforts of federal law enforcement agencies (UN). The World Crime Index declared the federal capital to be safer than major cities around the world such as Amsterdam, London, Berlin and Paris.

It is a prime region for both residential and investment purposes. The projects that we will go into now are contributing significantly to the engine of the Pakistan real estate. 

  • Taj Residencia 
  • Discovery Gardens Islamabad 
  • Eighteen Islamabad 
  • ICHS Town Islamabad 

Taj Residencia 

The Taj Residencia is the first investment option for you that is close to the Federal Capital. It is a fine gemstone of a project by the Sardar Group of Companies. The Centaurus Mall in Islamabad is a paradigm of their excellence it has sealed our trust in them. They are introducing Centaurus Mall 2 in Taj Residencia. 

Taj Residencia is located near the CDA Sectors of I-14, I-15, and I-16, and is 35 minutes from the Centaurus Mall, as well as the motorway. It is also at a favorable nearness to the New Islamabad International Airport. The sector I-14 and I-15 connecting roads are the key entrances to this amazing housing project. In the future, it will also be accessible from the Rawalpindi Ring Road. With the first-rate facilities and luxury lifestyle, it will prove to be the best residential choice for you.

Discovery Gardens Islamabad 

The Discovery Gardens Islamabad is a dreamful lodging society of ingenuity, scenic beauty and brilliance. It is presented by the Falaknaz Group along with ABAD, All Pakistan Builders Association. Both of these organizations have been in the real estate sector since the 1970s, delivering their promises to the investors. 

The location of Discovery Gardens Islamabad was chosen strategically to provide residents with access to all of the region’s commercial, economic, and social centres. It is located in Mouza Mujahid, near the New Islamabad International Airport, on the main Islamabad-Lahore highway.

Eighteen Islamabad 

Eighteen is a high-end real estate project in Islamabad that strives to be the pinnacle of luxury living.. It is envisioned as a world-class lifestyle destination in a city renowned for its natural beauty and modern infrastructure.

Eighteen is a USD 2 billion project in Islamabad that defines contemporary architecture, elegant landscape, and sustainable living. It is a joint venture between Ora Developers, Saif Group, and Kohistan Builders and Developers. These are the most renowned real estate developers and shall truly deliver wonders in their union at this project. 

Despite its location in the 18th district of the Twin Cities, a 20-minute drive from downtown Islamabad, the housing society is easily accessible via Srinagar Highway (Kashmir Highway) and the Lahore-Islamabad Motorway Grand Trunk Road. Eighteen is also close to the New Islamabad International Airport, which is about 16.3 kilometres away.

ICHS Town Islamabad

ICHS Town Islamabad is a semi government project under The Islamabad Cooperative Housing Scheme. The foundations of it have been laud with the objective of providing abodes to the government employees, disabled persons, orphans, widows and Overseas Pakistanis. 

The ICHS Town is located at about a 30-minute drive from Islamabad’s Zero Point Interchange. The main Srinagar Highway, also known as the Kashmir Highway, leads directly to the ICHS Town Location. It is also in proximity to the New Islamabad International Airport. Kasana Dam Road and Airport Cargo Road are also options for getting there. 

Rawalpindi Real Estate

The city of Rawalpindi is known to be a twin brother to Islamabad because of the two cities being so close to each other and the strong social and economic links between the cities. In 1849, the British Raj occupied the city, and it became the British Indian Army’s largest garrison town in 1851. After British India was partitioned in 1947, the city became the headquarters of the Pakistan Army, maintaining its status as a major military city. 

Let us discuss the beneficial investment projects in the vicinity of Rawalpindi. 

  • Blue World City
  • Rudn Enclave Rawalpindi 
  • Capital Smart City 

Blue World City 

The Blue World City is the first Pak-China housing project in the country. It is strategically designed to accommodate individuals who require cost-effective lodgings along with foreign investors and Chinese residents as well. It is a venture by the Blue Group of Companies (BGC) along with the Shan Jian Municipal Engineering Company. 

It is situated between the Thalyian and Chakri interchanges. Blue World City is adjacent to the CPEC road Motorway M-2, and the New Islamabad International Airport is on the right side of the society. 

You will have an abode in one of the finest housing societies packed with world-class facilities that are numerous, it is a door of opportunities that you awaited, at the most convenient market price. The project is ideal for a long term investment.    

Rudn Enclave Rawalpindi 

Rmrsco Pvt. Ltd. is building a visionary housing society, Rudn Enclave near Rawalpindi. The housing society spans over 10,000 Kanal. Rudn Enclave is a master-planned suburban community with all of today’s amenities and highly effective mechanisms. In Pakistan, there are no examples of ultra-luxurious facilities that this housing society will provide. This safe environment is a true blessing for the citizens of the twin cities. 

Rudn Enclave is near the Adiala Road, which is adjacent to Bahria Town Phase-8, the M2 Motorway, the N-5 National Highway, the Chakri & Thalyian Interchange, the CPEC new industrial commercial zone, and the newly proposed Rawalpindi Ring Road, as well as the natural water body, Dam Khalsa.

Capital Smart City 

The most illustrious projects of all time, Capital Smart City, is one that shall bring the most powerful of changes and the most dynamic of successes. It will be built with the objective of bringing smartness and modernity to the way of life, through intergraded first-rate features, smart housing, and Grade-8 growth. The project shall provide an environmentally sustainable and secure atmosphere for its citizens and investors.

It is in close proximity to both Rawalpindi and Islamabad. It is located on the Lahore-Islamabad highway, 9 kilometers from the M-2 via Thalyian interchange, on the CPEC’s eastern road, and 5-6 minutes from the new Islamabad international airport. 

Conclusion 

At the end, I am filled with excitement at the wondrous works in the process and the spectacular future that they will behold. I am sure you are too. Now that you know about the perfect investment places, you will be able to take the right decision.

 When investing in the real estate of Pakistan, you will have Sigma Properties as your advisor, we look forward to paving the way to success for you.