Etihad Town Lahore Development And Possession Updates

Etihad Town is one of the latest additions to the extravagance projects in Lahore and its launch had sent waves of delight into real estate of the city. Etihad Holdings, the developer, is one of the top developers of the country and the location of the project is bizarre, so over all things considered, it is a great project for you to build your home in or if you are tending towards investment, to invest in its commercial property.

Location

Etihad Town is located on Raiwind Road just 3.5 kilometers from Thokar Niaz Baig and the Islamabad-Lahore Motorway. Lahore Ring Road and Orange Line Train Station are also located nearby and it has a direct approach from Canal Bank Road.

Recent developments

The last update on Etihad Town was back in October 2018. Since then, balloting has taken place in the project and the initial development has been completed. Currently the developers are keen into fast paced development & taking care of the minute details before they hand over the possession. Possession will be handed over to the owners in a month for both residential and commercial plots.

The housing scheme had acquired a total of 2,000 Kanals of land. So far, they have launched only 560 Kanals of land in its first phase, the land approved by LDA. Meanwhile, 1,200 Kanals of land are pending approval, and according to Khan, these will be approved in a couple of months, and will be launched in Phase II.

Recently, Abu Dhabi Palace has been cleared and the mosque is opened, so the society already has a mosque and work on parks is being done.

Prices and Asking premium

Investment prospects

The prices will defiantly shoot after possession availability as the builders will jump into the project. Another reason why the prices are bound to increase is the presence of DHA EME nearby. He explained that a 5-marla plot in EME is worth around PKR 9 million. Here, an average plot is worth around 6.3 million. The quality of the project merits that the prices can go fairly high. Etihad Town’s commercial plots are the real deal when it comes to investment.

This is the perfect time for investment according to the relators. Expectedly possession is going to become available in about a month.

Are you planning to invest in Etihad Town? & if you have any questions regarding it, you can contact us at Apex Group “Converting Dreams into Reality”