There are different types of housing societies on Main Canal, Lahore. But one that we can freely recommend to our low-budget client is the P&D Housing Society. Following the successful completion of Phase 1 of P&D Housing Society, P&D Management launched Phase 2. The full name of the society is “The Planning & Development Department Employees Housing Society Lahore”, and Phase 2 is specifically designed to provide modern urban amenities.
Plot files are available for purchase here, but one thing to note is that they already include development charges. Additionally, all buyers who book their plots in P&D Society are not their clients but their shareholders. They also even provide them with shareholder certificates and allotment letters.
Further in this article, we will discuss what opportunities are available here for those interested in investing and why you’d feel safe from an investment perspective.
Location and Development Status:
P&D Housing Society is located at Sham ki Bhattian and is connected wall-to-wall with the city of Zaytoon. Coming from Canal Road towards Bahria Town, and after crossing NFC Phase 2 and New Lahore City, the P&D Society Phase 2 is located on the left side before Zaitoon City.
The society’s main boulevard road is about 120 feet wide. The total area of this society is 929 Kanal and and all of it is LDA approved.
The development here is currently going on at a very fast pace. A 5000 sq ft area has been completed, and now only 2000 sq ft is left.
P&D Housing Society has a total of three blocks: A, B, & C. The plot cutting these three blocks features are 5 Marla, 7.5 Marla, 10 Marla, and 1 Kanal Residential Plot. All these plots are available at economical prices and are completely LDA approved.
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The prices of these plots will increase gradually with development and population growth. This is because its previous phase, phase 1, was a great success. And nowadays, you can see more and more population there. It is located around Chung and has four blocks: A1, A2, B1, and B2.
Why Invest in P&D Housing Society
If you currently observe the Main Canal Road, many different societies like Bahria Town, New Lahore City, and Zaitoon City are situated there. All these societies are in high demand, due to which their prices have skyrocketed. And at the same time and location, P&D Society is offering plots at minimal and economical prices, including development charges.
Second, it is constantly developing. And it is important to understand that a continuously developing society is more profitable because development is the best way to help your property value increase constantly.
We do recommend our clients book their plots in the P&D Housing Society. However, we do advise them not to think of it as a short-term investment. You may need to hold your file for some time. The developer of the society plans to complete the maximum development by 2023.
For booking or more information, give us a call at the given numbers, and we will show you why we are the best choice for real estate in Pakistan.
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