Al-Kabir Town Phase 2, situated conveniently opposite Lake City Lahore and accessible via Adda Plot on Main Raiwind Road, has become a notable residential and commercial hub. Among its various blocks, Umer Block was introduced a few years back, drawing considerable interest from investors.
Development Update of Umer Block
Umer Block in Al-Kabir Town Phase 2 was launched around five years ago, promising lucrative investment opportunities. However, investors who have paid their installments are concerned about the slow development progress. As of now, the possession of plots in Umer Block has not been handed over, leading to a sense of uncertainty among investors.
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Current Investment Landscape
Despite the slow development, Umer Block still holds potential for long-term investors. Currently, all deals in Al-Kabir Town Phase 2 are available at a discount. This could be an advantageous time for new investors who are willing to wait for future appreciation.
Future Prospects
While the present situation might seem discouraging, those with a long-term investment horizon can still consider Umer Block a viable option. Once development picks up and possessions are handed over, the value of properties is expected to rise, offering good returns on investment.
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