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Grand Avenues A Lucrative Investment Option of Time

09/02/2017

Grand-Avenues

To regulate and revaluate Pakistan real estate sector, PML(N) government has imposed tax on the investors in 2016 and resultantly, we have observed that realty sector slowed down in almost every major city. Apparently, experts felt a halt in real estate market, where numbers of transactions were decreasing on everyday basis. People started avoiding investing in properties because they did not want to block huge sum when they were not sure about any positive outcome.

However, another trend is observed that people have become more interested in purchasing smaller plots available on instalments, specifically in areas that would benefit from under construction southern loop of Lahore Ring Road. Among such residential societies, Grand Avenues is the most promising and reliable one. This 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.

Recently, the society has introduced extension to its existing Phase A and opened booking for new 5 marla, 10 marla and 1 kanal residential plots and 4 marla commercial plots.

Location

If you ask me what is so special about Grand Avenues and why experts call it the best residential society the answer is that 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, which is by far the best location in Lahore. Moreover, the society offers peaceful and tranquil ambiance that no other society offers in city, even being at so reasonable distance from central Lahore.

What' s New There

Grand Avenue has recently introduced new residential and commercial plots in Phase-A Extension. It is learnt that all these plots are offered at higher rates than the previous ones but the good thing is that these plots are available at convenient and extended payment plans as it spans 4 years.

Why to Invest There

Asad Mirza, Director HomesPakistan said, "The project is the most lucrative investment option of the time and it is best in terms of price appreciation, as experts are foreseeing almost 100% price appreciation in years to come. And it depends upon real factors such as completion of southern patch of Ring Road and development of DHA Phase 10, which is adjacent to Block B of this society."

Payment Plan

Here is the payment plan for 5 marla, 10 marla and 1 kanal residential and 4 marla commercial plots in newly announced phase of this society.

Payment-Plan

Salient Features

An exclusive benefit of investing in plots in Grand Avenues is that you can use all the facilities available in this project, without paying additional development charges. All the development charges are already included in the asking prices of plots.

To offer luxurious life to the residents, the developer has incorporated every facility and amenity in this project. All the main roads in Grand Avenues housing society are built and comprise of greenbelts and trees on both sides. Moreover, you can find swimming pool, parks, jogging tracks, a community club, tennis courts, a 3D cinema, a shopping mall, a Jamia Masjid and an international standard school.

Other distinctive features that make Grand Avenues stand out of crowd is that it is one of the very few housing societies that include a vast network of 150 feet wide main roads and 80 feet wide secondary roads. Moreover, to curb the load-shedding issue, the society has its own grid station. To provide secure lifestyle to the potential residents, the developer has taken every possible measure including check-posts, fixed entry and exit point, security guards and CCTV surveillance.

Possession Status

The society has already announced possession to majority of the plots in Block A, despite the fact that development work is continued in Block A & B. Another interesting fact is that several houses have already been built in the society and around 10 families are residing there. It shows that developer has plans to soon grant possession to the rest of plots as well.