It’s the right time to jump into the market as New Lahore City real estate prices are slow. If you buy a plot at the key location and hold it for a little while, it will give you a higher return on investment that will surprise you. It’s the society located on Canal Road and adjacent to Bahria Town so you may also have a passage through Bahira as well. For instance, residents of New Lahore City are allowed to pass through Sector F of Bahria Town Lahore.
The new prices depreciate the plot cost around 6 to 7 Lac. It will never be the case in the coming days as it will climb very soon when investors decide to pour their money into the project. The same supply and demand philosophy will work and the cost of the plot will shoot up. Let’s have a view of various New Lahore City phases’ existing prices and why they are a potential investment for the near future.
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Connectivity of New Lahore City
Situated on Canal Road and 1 km away from the newly constructed Ring Road SL3, New Lahore City has four phases. It will present you 3 Marla, 5 Marla, 7 Marla, 10 Marla, 1 kanal, and 2 kanal plots. When it comes to accessing New Lahore City, you can go through Raiwind Road and Multan Road as well. The landmark such as Thoker Niaz Baig is 17-18 km away from New Lahore City.
Development of New Lahore City Phases
Phase 1 and Phase 2 of New Lahore City are the most developed areas of the society. Everything is operational while these phases are LDA approved and fully packed with residents. All the utilities are available in Phase 1 and Phase 2. Meanwhile, Phase 3 of New Lahore City is 80% developed. On the contrary, Phase 4 is in the initial stages. The society management only is working in Phase 4 C, D, E, F, and G blocks in the beginning.
Plots Prices in All the Phases of New Lahore City
CDB Properties will recommend you hold your plots wherever you have in New Lahore City. Wait for a while when the prices get stable. In the coming days, you can see the plot prices will increase again which will give you a high return on investment. Following are the prices of plots in Phase 1, Phase 2, Phase 3, and Phase 4 of New Lahore City:
Plots Prices in Phase 1 of New Lahore City
- 3 Marla Plot: 30-32 Lac
- 5 Marla Plot: 45- 48 Lac
- 7 Marla Plot: 60-65 Lac
- 10 Marla Plot- 85-90 Lac
- 1 Kanal Plot- 1 Crore 30-35 Lac
- 2 Kanal Plot- 2 Crore
Plots Prices in Phase 2 of New Lahore City:
- 3 Marla Plot: 25-30 Lac
- 5 Marla Plot: 30-45 Lac
- 7 Marla Plot: 55-65 Lac
- 10 Marla Plot- 65-85 Lac
- 1 Kanal Plot- 1 Crore 30-40 Lac
Plots Prices in Phase 3 of New Lahore City:
Phase 3 of New Lahore City is connected with Bahria Town. It has three blocks, A, B, and C. Only B block is developed. The development work is carried out in Block A & C.
- 3 Marla Plot: 18-25 Lac
- 5 Marla Plot: 25-35 Lac
- 10 Marla Plot- 55-60 Lac
- 1 Kanal Plot- 1 Crore 20-25 Lac
Plots Prices in Phase 4 of New Lahore City:
- 3 Marla Plot: 15-16 Lac
- 5 Marla Plot: 20-25 Lac
- 10 Marla Plot- 35 Lac
- 1 Kanal Plot- 70-80 Lac
C, D, E, F, & G Blocks where on ground plots are not present yet. The prices of the plot include:
- 3 Marla Plot- 6-8 Lac
- 5 Marla Plot- 12-14 Lac
- 10 Marla Plot- 20-22 Lac
Book Your Desired Plot in New Lahore City with CDB Properties
Real estate value in New Lahore City is depreciated up to 6 Lac to 7 Lac from each category of plot regarding size. The society has four phases and amazing connectivity with the surrounding regions like Bahria Town and Raiwind Road. It offers plots from 3 Marla to 2 Kanal, you can buy anyone based on your budget constraints. Contact CDB Properties and book your desired plot today.
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