homes in Lahore. On the contrary, real estate experts suggest investing in plots can also earn high returns too. Investing in Lahore real estate sector is a game of"> Buying a Residential Plot in Lahore in Low Budget
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Buying a Residential Plot in Lahore in Low Budget

01/01/2019

Buying a Residential Plot in Lahore in Low Budget

You may believe that in order to multiply your returns and get more from your investment, you should invest in homes in Lahore. On the contrary, real estate experts suggest investing in plots can also earn high returns too. Investing in Lahore real estate sector is a game of wealth, which is somewhat true but it does not mean that with meagre finance, you cannot come into the field. Initially, you may have to venture outside the city and the capital required for investment is also low but if you find a viable option and be patient for a few years - you can earn good returns - thanks to the urbanization.

However, if you want to invest in a gated and secure residential project that is also located within city at a prime place - we have handpicked two options where you can buy 5 marla residential plot within the range of PKR 2.5 to 3.5 million.

Grand Avenue

Grand Avenue is one of its own kind of residential project that targets wide range of investors planning to invest in plots for investment purpose or to construct your home. It is located at 15 minutes drive from Kalma Chowk, 7 minutes drive from Lahore Airport and 3 minutes drive from Ring Road on main Ferozepur Road. The project is considered as one of the best investment option of the time in terms of price appreciation in years to come.

The price appreciation depends upon real factors such as development and completion of southern patch Ring Road and development of DHA Phase 10, which is adjacent to Block B of this society. Interestingly, several houses have already been built in the society and families are residing there. It shows that developer has plans to soon grant possession to the rest of plots as well.

You can get a 5 marla residential plot there in price range of PKR 2.5 to 3.5 million, depending upon the location, possession status and relevant features such as park facing and corner.

NFC Phase II

NFC Phase II was launched a long ago and the development work began back in December 2017, which is almost completed in blocks A, B, C, D, E, G and H. NFC Phase II tops the list of residential societies that offer amazing deals at relatively lower rates compared to the societies located around.

With fast pace of development, experts believe that possession is on cards in NFC Phase II. Though the society management has not given any words in this regard yet it is clear that soon after completion of development work, the management will announce possession in the society.

Here you can buy a 5 marla residential plot in the price range of PKR 2.2 to 3.5 million, depending upon the location within the society.

After reading about both options, do let us know your investment plans.

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