If you are thinking about buying property in New Lahore City, whether you’re located in Pakistan or Overseas. It’s important to know the latest prices and how much the area has developed. In this article, we will discuss the current plot prices in all four phases of New Lahore City, allowing you to select the best option for your budget and needs.
Location & Surroundings of New Lahore City
New Lahore City is one of the most ideally located housing projects in Lahore. The society is strategically situated on Main Canal Road, near Bahria Town Lahore and Sundar Raiwind Road, with convenient access from Multan Road. The recent completion of Ring Road SL-3, located near the project, has further enhanced its connectivity.
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Overview of Phases & Development Status of New Lahore City
New Lahore City comprises four distinct phases, each featuring multiple blocks that offer a variety of plot sizes. Some blocks are already complete and ready for possession, while others are under development or haven’t started yet.
Plot Rates in New Lahore City
Phase 1 – Overseas Block (Ready for Possession)
Phase 1 consists of a single block: Overseas Block. It’s fully developed and ideal for buyers looking to build their homes immediately.
Plot Size | Price Range |
3 Marla | PKR 32 – 35 Lakh |
5 Marla | PKR 45 – 50 Lakh |
7 Marla | PKR 57 – 62 Lakh |
10 Marla | PKR 80 – 90 Lakh |
1 Kanal | PKR 1.30 – 1.45 Crore |
Phase 2 – Blocks A, B, C & D (Developed and Populated)
This phase is also well-developed with multiple blocks and high population density, making it perfect for residential buyers.
Plot Size | Price Range |
3 Marla | PKR 23 – 32 Lakh |
5 Marla | PKR 35 – 50 Lakh |
7 Marla | PKR 55 – 72 Lakh |
10 Marla | PKR 65 – 80 Lakh |
1 Kanal | PKR 1.25 – 1.50 Crore |
Phase 3 – Blocks A, B & C (Budget-Friendly Investment)
Phase 3 of New Lahore City is less developed than Phases 1 and 2, making it a great option for low-budget investors.
Plot Size | Price Range |
3 Marla | PKR 15 – 18 Lakh |
5 Marla | PKR 23 – 38 Lakh |
10 Marla | PKR 45 – 65 Lakh |
1 Kanal | PKR 1.20 – 1.35 Crore |
Phase 4 – Blocks A to H (Under-Development Status)
Phase 4 consists of eight blocks (A–H). Only A and B Blocks are ready for possession, while the remaining blocks are under development.
Plot Size | Price Range |
3 Marla | PKR 15 – 16 Lakh |
5 Marla | PKR 18 – 22 Lakh |
10 Marla | PKR 32 – 35 Lakh |
1 Kanal | PKR 60 – 65 Lakh |
Plot Prices in Blocks C–H (Under Development)
Plot Size | Price Range |
3 Marla | Around PKR 7 Lakh |
5 Marla | Around PKR 12 Lakh |
10 Marla | From PKR 20 Lakh |
Buying Tips for New Lahore City
- For Residential Buyers: Choose Phase 1 (Overseas Block) or Phase 2 because these areas are already fully developed. In these phases, people are already living there, and basic facilities are also available.
- For Investors: Phases 3 and 4 of New Lahore City have lower prices now, but could be worth more in the future. Great for long-term investors.
- Avoid Files: Always purchase on-ground plots with full payment and possession availability. Files may involve delays in balloting and handover.
Get Expert Property Help from CDB Properties
New Lahore City features a diverse range of plots distributed across four phases and thoughtfully planned phases. If you’re looking to build right away, Phases 1 and 2 are your best bet. For more affordable investment options, check out Phases 3 and 4. Whether you’re in Pakistan or abroad, always choose plots that are already developed (on-ground) to avoid risks. For expert advice, connect with CDB Properties and secure your plot today.
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