CDB Properties Weekly Real Estate News [11-17 August 2024]: Azadi Deals, High Investment Zones and  More 

Welcome to the news bulletin from CDB Properties, our real estate reporters gather well-processed and latest news for investors. This weekly section of news updates allows you to be aware of the coming real estate trends and navigate your residential or commercial buying or selling decisions thoughtfully. Check out our weekly real estate news highlights. 

Any questions, contact us on WhatsApp for prompt response.

Highlights 

Sector F Bahria Town Price Appreciation Trend

  • Due to recreational and entertainment spots like Winterland and Bahria Carnival, the real estate values in Sector F get inflated even though the overall real estate market is quite low. 

High Investment Zones in Bahria Town 

Extension of Lahore Smart City Near M11 Sialkot Motorway

  • Lahore Smart City introduces Phase 2 near the M11 Motorway where plots can be bought with a 30% down Payment. 

Deadline for Converting Files into Plots Announced by Al Kabir Developers

  • Investors can pay before 25 August 2024 to be the part of ballot process in Sector B Commercial & Lake View Kings Town Phase 1

Plot Allocation to Arshad Nadeem by Al Kabir Developers 

  • Al Kabir Developers allocated 1 Kanal plot to Olympic Champion Arshad Nadeem for his exceptional performance in the game. 

Azadi Deals by Developers 

  • Brother Developers, Classic Group of Companies, and Sherawala Group give interactive offers to investors on Independence Day. 

Bahria Sky Mall Construction Development Ahead of Schedule 

  • 25% concrete pouring of Bahria Sky Mall’s 9th story has been completed. It can be seen through CCTV construction updates. 

Tax Exemption Zone in Lahore Sky Mall 

  • Lahore Sky Mall, the tallest building in Punjab gained more ground among IT investors due to the peculiar features of a 10 years Tax free region. 

Design and Build Developers inaugurate new project of Madina Homes

  • Get houses on installment at the prime location of Maryam Town at the most affordable prices.

Updates About Societies in Lahore 

Rise in Appreciation Prices of Real Estate in Sector F Bahria Town 

Despite the slower market in Lahore, the real estate value in Bahria Town remains stable. On the contrary, the prices in Sector F of Bahria Town get inflated due to the availability of continuous maintenance facilities and the addition of new infrastructure like recreational spots and entertainment spots. Winterland and Bahria Carnival prove to be a game changer for tracking more footprints leading to improved buying trends in this sector. 

Ghaznavi Block

In the Ghaznavi Block of Sector F, the 10 Marla Plot cost the investor around 1 Crore 60 Lac which used to be 1 Crore 5 Lac just 2 years ago. The same rise is observed in 5 Marla Plots, when the 45 Lac plot reaches 70 Lac. 

Tipu Sultan Block 

Meanwhile, in the Tipu Sultan Block of Sector F,  1 Kanal plots that used to be 1 Crore 50 Lac now fall into 2 Crore 25 to 50 Lac bracket. 

Open Form First Allotment Property Remain the High Investment Zones

According to a market survey, investors show a profound interest in the Bahria Town open-form plots after facing challenges in other societies like lack of facilities, inability to convert files into plots, and receiving lower returns on investment. The tax exemption and no transfer fee zones draw the attention of investors to pour their money into Sector G, Sector H, Bahria Orchard Phase 2, and Bahria Orchard Phase 4. 

Lahore Smart City Introduces Another Phase 2 Near M11 Sialkot Motorway

Lahore Smart City Developers extend their society after making Phase 1 a success by incorporating smart features, megastructures, work-class healthcare, education, and business facilities. They introduce Phase 2 near Sialkot Motorway M11. In Phase 2 Overseas East Block, 3.5 Marla Plot is available with a 30% down payment in resale. The Buyer will get the map and number of plots on payment when the net price of the plot is 18 Lac. 

Convert Files into Plots in Sector B Commercial & Lake View Kings Town Phase 1

Al Kabir Developers issued a deadline of 25 August 2024 for payments to convert the files into plots in Sector B Commercial & Lake View Kings Town Phase 1. 

Allocation of Plot to Olympic Champion by Al Kabir Developers

Ch. Auragzaib, the chairman of Al-Kabir Developers, allocates 1 Kanal plot of Arshed Nadeem on his outstanding win in the Olympic games. 

Azadi Deals or Freedom Offers by Several Developers 

  • Brother Developers give 14% off on the down payment of residential and commercial spaces in the Skyline Mall and Residences project. 
  • Classic Group of Companies gives return tickets to Dubai on every booking in the project of Classic Atrium as a freedom offer. 
  • Sherawala Group gives a 14% discount on the down payment by booking residential or commercial spaces in Time Square Mall and Residential. 

Updates About Shopping Malls in Lahore 

Bahria Sky Mall Construction Development 

The outstanding project of OZ Developers, Bahria Sky Mall, is moving to completion with record speed. The 25% of concrete pouring of 9 stories has been achieved. The entire construction work of Bahira Sky Mall is ahead of its committed schedule. With 36 installments and 50% structure completion of the mall, investors can book residential spaces after a 20% down payment and commercial spaces for a 30% down payment. 

Lahore Sky Mall at Ferozpur Road 

Situated opposite DHA Phase 10, closer to Bharia Nasheman, and adjacent to Palm City, Lahore Sky Mall is the first tallest shopping mall in Punjab. Another unique feature of the Mall is its IT Park where investors book the spaces with a 20% down payment and 48 months of installment plan. The IT Park has been a tax exemption zone for 10 years, according to the Special Technology Zone Authority. 

Updates About Houses on Installment 

Design and Build Developers inaugurate new project of Madina Homes for investors who don’t give one shot payment. The 3 Marla Houses on Installment are situated in Maryam Town. It has a price of 1 Crore 10 Lac that can be booked with a down payment of 17.5 Lac and bound to 36 monthly installments. 

Book Your Desired Commercial or Residential Spaces with CDB Properties

CDB Properties has been working for the last 10 years in various locations in Lahore including Bahria Town, Bahria Orchard, Al Kabir Societies, and more. Regarding real estate booking, advice, or buying, you can contact CDB Properties.

Contact: 03331115100

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