Feed your curiosity. Welcome to CDB Property’s weekly real estate news which is your trusted online source for gathering insights about real estate trends in Lahore, upcoming investment chances, and knowing about rapid onsight construction updates by developers. Our latest news helps inventors build a strong base for grasping real estate dynamics and keep them aligned with society’s policies. Check out the highlights of this week’s bulletin.
Highlights
Net Metering Eligibility Criteria in Bahria
- The solar system is not allowed everywhere in Bahria, Beware! Users will be qualified for net metering only when they consume more than 5000 units per month.
Convert Your File into Plot in Soul City
- Pay 40% of your 3 Marla plots and be a part of Soul City balloting to convert your file into the plot.
Balloting Date in Al Kabir Orchard
- Get ready for the 13 August balloting in Al Kabir Orchard and find their results on the developer website.
Fast Track Development in Urban City Lahore
- Buy 3 marla plots near Kala Shah Kaku Interchange, Urban City Lahore at the most affordable prices.
Bahria Sky Mall Offers New Apartment Category
- Dormitory apartments, residential apartments, and service apartments are available in Bahria Sky Mall at 16,500 Rs. per square foot with 36 months of easy installment plan.
Be a Part of Jasmine Grand Mall Prestige
- Avial the prime chance. At Main Boulevard closer to Eiffel Tower, Jasmine Grand Mall is open for investment in the Food Court area.
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Updates About Housing Societies in Lahore
Uninterrupted Electricity Supply in Bahira & Net Metering Criteria:
Bahria residents have a strong pull for installing solar systems and shift to the net metering policy of the government to ensure uninterrupted electricity supply. But the Bahria Management curtailed their chances by coming up with restrictions on net metering by prohibiting it in certain blocks. Other than area prohibition, only those users will be qualified for net metering whose monthly consumption of electricity crosses 5000 units.
Bahria Town Prohibited Blocks for Net Metering
- Sector A & B Canal View Residencies
- Sector C- Gold View Residency, Overseas C & Nergis Extension
- Sector D- EE Block
- Sector E- Tauheed and Johar Block
- Sector F- Tipu Sultan Block, Ghaznavi Block, Sikander Block, Alamgir Block and Ghazi Block
Bahria Orchard Prohibited Blocks for Net Metering
- OLC- A & B Block
- LCO- D Block to M Block
- Phase-3
- Phase-4
- Eastern Extension
Extended Deadline for Balloting Payment in Soul City Lahore:
Situated near Lake City Interchange, LDA-approved and fastest developing society Soul City Lahore extended the deadline for 40% payment of 3 Marla plots to be part of balloting. The coming date will be 16 August. However, when the developer will carry out balloting, it’s not been announced by Soul City management yet.
13 August Balloting in Al Kabir Orchard:
The Overseas Prime Block balloting date has been set for 13 August 2024. The results will be displayed online on the official site of Al Kabir Orchard. The map Overseas Prime Block is still pending by the developer.
Urban City Lahore:
Situated near the Kala Shah Kaku interchange, Urban City Lahore offers 3 Marla affordable plots at the price of 11 Lac. Investors can get it into a 3.5-year payment plan. The development pace in the city is record high by the Al Rahman and Al Hafeez developers who proved their credibility in respective societies by delivering around 1 Lac plots.
Updates About Shopping Malls in Lahore
New Apartment Category in Bahria Sky Mall:
OZ Developers introduce dormitory apartments, residential apartments, and service apartments. They completed 50% construction of the mall where investors can get the apartments at the cost of 16500 per square foot with 36 installments. The commercial and residential spaces in the mall will be hand-overs to buyers in March 2027, said the Director of Project, Eng. M Mohsin.
Jasmine Grand Mall Possession Expected in the First Quarter of 2025:
The possession process of Jasmine Grand Mall will be started in the first quarter of 2025, said the Director of Operation Jasmine Grand Mall. The mall has an inspiring food court area available within the bracket of 15 Lac to 1 Crore 48 Lac sparking the interest of investors immensely as the coming discount offer is declared by the management. Book your unit with 2 years of installment plan. The reputed retail brand Aslam Super Mart and many others are leaning toward opening their franchises in Jasmine Grand Mall likewise.
Updates About Houses on Installment
Get Houses on Installment in Al Kabir Phase 2 and DHA 9 as Well
Closer to Adda Plot, in Ali Block and E Block of Al Kabir Town & in DHA 9, Bahria Town authorized developers Nelson Builders offer 5 Marla and 10 Marla Houses on installment with 36 months and 18 months payment plan. It allows the investors to own their dream houses without squeezing their financial resources.
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