The Market Situation and Property Investment Trends in Lahore for July 2018

The general property market of Lahore has remained stable and somehow constant during the month of July in view of Elections 2018.  Let’s talk about the market trends and price variations in Top societies in Lahore for the month of July and analyze the underlying meanings behind the change.

DHA Lahore I-VI & DHA VII-IX

DHA Lahore remains the #1 top locality for plots and homes in Lahore in terms of investment, people preference and the most searched society as a % of total searches conducted for homes and plots in Lahore. It doesn’t come with shock as the management of DHA has sustained the high living standards, elite security setup and beyond-the-mark facilities for its residents. According to the recent survey about 20.31% of the total public searching for plots opt for DHA Lahore and 9.30% for homes. Getting on with the market situation now, the rates in DHA Phases I-VI were stable for both 10 Marla and 1 Kanal Plots at 0.05% and 0.06%. This is mainly due to the elections that slowed down the economic activity. 

DHA Phases VII to IX also saw a decreasing trend activity, although this area is well dominated by genuine investors and this is all because of cautious investment by potential buyers due to upcoming elections. The prices were stable again, for 10 Marla plots at 0.07% and 1 Kanal plots at 0.03 % respectively.

Bahria Town Lahore

Bahria Town is a complete residential society replete with International Standards of facilities and landmark features like Eiffel Tower, Grand Mosque, Gym & Sports Club and the list goes on. This is exactly why it is ranked at #2 on Top Localities for Plots and Homes in Pakistan with 6.63% of public showing interest in buying plot here and approximately 4.15% in homes.

Bahria Town was also stable for 1 Kanal and 10 Marla options. The rates of 10 Marla were constant at 0.16% while that of 1 Kanal plots were 0.10%.

Bahria Orchard Lahore

Bahria Orchard is an offshoot and a successful project by Bahria Town that offers the same quality of lifetime services and brilliant living incentives as Bahria Town. Bahria Orchard is ranked at #3 for top locality in Lahore with statistics showing 3.18% people preference for plots and 2.08% in homes generally. The market circumstance in Bahria Orchard was on similar grounds as Bahria Town with no drastic price variation. The rates for 10 Marla plots manifested stability at 0.52% and 1 Kanal plots at 0.07%.

Raiwind Road & Lake City Lahore

Raiwind Road secured the #4 position and Lake City is at 5th top locality for home and plot investment purposes with former displaying 2.72% of interest and latter with 2.66%. It is needless to say that both areas offer a distinct living experience with all lavish offerings for residents.

Wapda Town & LDA Avenue

Both Wapda Town and LDA Avenue have remained stable throughout the prior months for different reasons. Wapda Town has been saturated for some time now with 10 Marla plots and 1 Kanal plots stable at 0.13% and 0.05% respectively. Similarly, LDA Avenue remained showed a non-fluctuating trend because of the issues its facing and the 10 Marla plots are stable at 0.67% and 1 Kanal plots at 0.17%.

For more updates and information on the latest market trends in Lahore contact Apex Group.