03 October, 2018
Lake City Lahore Possession Updates and Latest News
Property News
Lake City Lahore is a high-end housing project that features premium facilities and standard community lifestyle that successfully envisions a blend of modern infrastructure, finely constructed housing units, safe neighborhood, and separate commercial arena with all the amenities that a luxury project has to offer. Despite the overall steady pace of real estate market, Lake City Lahore has been successfully able to sustain the investors interests and the prices have observed a marked increase lately particularly after the completion of Lahore Ring Road.
Possession Updates
The project is highly attractive precisely because of its great standard of development and the fact that possession has been available most of the society. However, possession in the remaining areas – where it isn’t available has been anticipated since ages. Possession isn’t available in M-3 Extension, M-7 C-1 and C-2, and M-8, however possession for the 10-Marla plots M-3 Extension is going to be available soon. The announcement is likely to be made in late December or early January next year.
Similarly, possession can be expected in M-8 around that time as well. However, possession in M-7 C1 and C-2 will take much longer. It is expected to take around two years. However, strong rumors suggest that development in these blocks will initiate in December as well. It will, then, take around a year for development to be complete, and only after that can we expect possession.
Market Situation & Current Rates
| Plot Size | Price Range (in PKR) |
| M-1 | |
| 10 Marla | 7,200,000—8,000,000 |
| 12 Marla | 7,500,000—8,500,000 |
| 14 Marla | 8,000,000—10,500,000 |
| 1 kanal | 15,000,000—16,500,000 |
| 2 kanal | 40,000,000—45,000,000 |
| M-2 | |
| 1 kanal | 12,000,000—16,000,000 |
| M-2 A | |
| 10 Marla | 7,500,000—9,000,000 |
| M-3 | |
| 1 kanal | 14,000,000—16,000,000 |
| M-3 A | |
| 12 Marla | 8,000,000—9,500,000 |
| 14 Marla | 9,000,000—10,500,000 |
| 1 kanal | 12,500,000—16,500,000 |
| M-3 Extension | |
| 10 Marla | 7,500,000—9,000,000 |
| M-4 | |
| 1 kanal | 15,000,000—20,000,000 |
| 2 kanal | 45,000,000—75,000,000 |
| M-5 | |
| 10 Marla | 7,000,000—8,000,000 |
| M-7 A | |
| 7 Marla | 6,000,000—6,500,000 |
| M-7 B | |
| 5 Marla | 4,500,000—5,000,000 |
| M-8 | |
| 5 Marla | 3,200,000—4,000,000 |
| 7 Marla | 4,500,000—5,500,000 |
Lake City Lahore is a strong option for attractive and financially rewarding investment and if you want to buy a plot here, then contact Apex Group to make your dreams come true.
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