Where to Invest in Lahore to Get Maximum Rental Returns?
The following idea will give you a clear idea about the prime areas for viable investment in Lahore.
DHA LahoreYou may not be surprised to see DHA Lahore on the top of list because all of us already know that it is one of the most prime and luxury real estate projects that promise to deliver. The project primarily features 5 Marla, 10 Marla and 1 Kanal houses, where the demand for newly built houses is higher in all the developed phases as compared to plots. Phase I, II, III, IV, V and VI are the most developed phases of Defence Housing Authority (DHA) and are also highest in demand in regards to rental properties.
When it comes to renting a 5 marla home in developed phases of DHA, the average monthly rent revolves around Rs50,000 for a whole unit, while in case of 10 marla home, the average monthly rent for a whole unit revolves around Rs85,000 to Rs90,000 as per the data of rental properties on HomesPakistan.
Bahria TownBahria is not just a name of one development but you can find a number of projects under this name such as Bahria Town, Bahria Nasheman, Bahria Orchard and Bahria Education and Medical City.
While we are talking about Bahria Town, which is the most popular residential project out of all mentioned above. You can find 5 Marla, 8 Marla, 10 Marla, and 1 Kanal houses in Bahria Town on a reasonable amount and rent it out ahead for a handsome income on monthly basis. According to HomesPakistan rental properties data, we can state that you can earn around Rs40,000 per month from a 5 marla home in Bahria Town, while for a 10 marla unit, you can gain around Rs60,000 per month.
WAPDA TownIt is another prime residential area in Lahore, where you can find a number of 5 Marla, 10 Marla rental homes.
According to HomesPakistan rental properties data, we can state that you can earn around Rs45,000 per month from a 5 marla home in Bahria Town, while for a 10 marla unit, you can gain around Rs65,000 per month.