Sheranwala Developers, renowned for their exceptional portfolio in the real estate industry, introduced Victoria City as their first society. Despite the political instability in Pakistan since 2022, Sheranwala Developers successfully delivered their projects on time. In this blog, we will explore the features and investment potential of Victoria City in Lahore, emphasizing its recovery and current development progress.
An Overview of Victoria City:
Victoria City, introduced in March 2022, offers a range of residential and commercial plots. The society obtained all necessary No Objection Certificates (NOCs) and held the prestigious approval of the Lahore Development Authority (LDA). Initially, the society offered 3 marla, 5 marla, 10 marla, 1 kanal, and 2 kanal residential plots, along with 2 marla and 5 marla commercial plots.
Recovery and Development Progress:
Due to the instability in the country, the real estate market experienced a temporary decline, impacting prices in Victoria City as well. However, society quickly recovered, demonstrating resilience and progress. Within a year, Victoria City conducted a successful balloting of plots, further increasing investor confidence.
Fast Track Development and Investor Interest:
Victoria City is experiencing rapid development, with ongoing construction work progressing swiftly. Investors are showing great interest in this project, recognizing its potential for high returns. The society offers an excellent opportunity for end-users seeking a vibrant and well-developed community.
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Residential Plot Prices:
Victoria City offers competitive prices for residential plots, making them highly favorable for investors. The current rates are as follows:
- 5 Marla Plots: Available at 3,490,000 PKR.
- 10 Marla Plots: Offered at 6,500,000 PKR.
It is important to note that these prices have the potential to rise in the future, making Victoria City an attractive long-term investment option. Many investors have already booked commercial plots in this project, recognizing the growth potential it offers.
Why Choose Victoria City for Investment?
As highly trusted real estate advisors, CDB Properties recommends investors to consider Victoria City for investment due to its promising development potential. The society’s recovery from initial challenges, ongoing fast-track development, and attractive plot prices make it an ideal choice for long-term investors seeking substantial returns.
Conclusion:
Victoria City in Lahore, developed by Sheranwala Developers, stands as a testament to their commitment and expertise in the real estate industry. Despite the challenges posed by political instability, this society has recovered and is thriving with rapid development. With affordable residential plot prices and an encouraging investment environment, Victoria City offers great potential for investors. As your trusted real estate advisor, CDB Properties provides free consultations to guide investors toward the best investment opportunities, and we highly recommend considering Victoria City for long-term investments due to its promising growth prospects.
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