CDB Properties Weekly Real Estate News [7-13 October 2024]: Development Updates for Pearl One Courtyard & Kuwait Mall, Plots in Verona District Soul & Urban City Balloting

CDB Properties Weekly Real Estate News

This weekly real estate news has been brought to you by CDB Properties to give you a clear idea about new developments in the market for the second week of October. Our real estate agents collect the news from reliable sources and refine them to create insightful insider perspectives. Stay tuned with us to have the latest info to make better investment decisions. Let’s check our bulletin. 

Any questions, contact us on WhatsApp for prompt response.

Highlights 

The Best Investment Opportunity is Awaiting at Ferozepur Road 

  • Lahore Sky Mall is an exceptional project of OZ Developers who opened third-floor food court spaces for investors to pour their money into earning a high return on investment. 

Lahore Sky Mall’s Ground Floor Will be Operational Soon 

  • OZ Developers has revealed news about the competition of Lahore Sky Mall and its ground floor operational date. It will be June 2025 for operations and completion will be done in 202. 

Pearl One Courtyard Development Updates 

  • After working on the Pearl Two courtyard, developers shifted their attention to the Pearl One courtyard and arranged a groundbreaking ceremony there. 

Kuwait Mall Development Updates 

  • United Actors are active now on the field of Kuwait Mall and begin the digging process leading to piling and shoring. 

Buy Your Plots in Verona District Soul City 

  • Soul City management came up with an exciting Italian design Verona District for investors where you can find 5 Marla and 8 Marla plots on affordable installment plans. 

Urban City Balloting Process in Progress 

  • The society’s management set the date of 20 September to clear 50% dues for the plot to become part of the balloting process. 

New Plot Deal Introduce in Bahria Orchard Phase 

  • Bahria management introduced a new commercial plot deal in Bahria Orchard Phase 2 Block E at affordable prices.

Updates About Shopping Malls in Lahore in October 2024

Lahore Sky Mall Become a Hot Investment in 2024  

The construction of Lahore Sky Mall, the replica of the Western University of Australia, has been ongoing at a record pace and has reached the phase of excavation. Lahore Sky Mall has a cantilever structure consisting of four blocks and a mixed-use development project of OZ Developers. They introduce low-budget Studio apartments in the residential region alongside 1-bed, 2-bed, and penthouses. 

Due to the high demand for the food court, the developers allocated more space to the food court on the third floor which became the pivotal point of attention for inverters. Spaces in the food court will be significant not only for capital growth but also for earning high rental returns. This new offer creates a chance for investors who failed to pour their money before in the food court to squeeze the most out of it. 

Families would like to visit the third floor of Lahore Sky Mall due to the dual nature of providing food and entertainment at the same time. Kids will be thrilled and engaged by the play zone while parents enjoy food with comfort. Haroon Hanif, the CEO of OZ Developers, added that our desirable clients who didn’t buy the food court area in Bahria Sky Mall have a huge opportunity to avail themselves in the Lahore Sky Mall food court area now. 

In October, the developers are also determined to install a batching plant at the site of Lahore Sky Mall to speed up the construction activities more. 

Bahria Sky Mall: The First Signature Project of OZ Developers

The development of Bahira Sky Mall touches the milestone of the 10th storey. During an interview with the CEO of CDB Properties, Wasas Naseer, Haroon Hanif said that the Bahria Sky Mall structure will be completed by June 2025 and will be delivered completely by 2027. Meanwhile, the reputed brands will be operated on the ground floor including Victoria, a coffee brand. 

 Pearl One Courtyard Development Updates 

The better commercial activities and residential amenities in Bahria Town Sector F spark the interests of domestic and foreign inventors. The society is filled with master artifacts like replicas of the Eiffel Towers, Cinema, Imtiaz Super Mart, Fuel Station, Winter Land, Carnival, Pearl 1 Series, Bahria Carnival, and other mega structures of bigger developers. 

At the prime location of Sector F in Tipu Sultan Block, Pearl One Courtyard Complete Series offers easy residential spaces and easy business spaces to investors. After the fast-paced development of Courtyard 2, the developers arranged an event at the location of Courtyard 1 to begin construction activities there. 

Kuwait Mall Development Updates 

United Atros, ISO Certified real estate developers, inaugurated their work on 300 ft high Kuwait Mall. It will have more than 50 amenities, 20 high-speed elevators, and 36 months of payment plans located close to the Grand Mosque, and Bahria Theme Park. Digging process is in progress at the sight which will lead to piling and shoring very soon.  

Updates About Housing Societies in Lahore in October 2024

Buy Your Plot in Verona District Soul City 

Soul City management intended to design a block with an Italian style named Verona District. It’s an LDA-approved housing society just 1.5 km away from Lahore Ring Road where buyers can acquire 5 Marla and 8 Marla plots on installment at affordable prices. 

Urban City Balloting Process is on its Way 

Situated near Kala Shah Kaku Interchange, Urban City has completed the balloting process in City Oasis Block. TMA (Tehsil Municipal Administration) Approved a housing society management said investors can become part of balloting after 50% payment of their plots. 

Al Rahman Developers Acquire Lahore Motorway City 

According to rumors in the real estate market, Al Rahman Developers has acquired Lahore Motorway City. However, Al Rahman Developers has not revealed anything about it yet. 

New Plot Deal Introduce in Bahria Orchard Phase 

Recently Bahria management brought a new 4 Marla commercial plot deal for investors in Bahria Orchard Phase 2 Block E at highly affordable prices. The price for the plots is set to be 1 Crore 15 Lac which will be free from all taxes, stamp duty, and CVT charges. Investors can own the plot just by paying a 51,000 processing fee. 

Stay Informed with CDB Properties 

CDB Properties is a reliable real estate dealer who has been working in this sector for the last 10 years. Whether you need commercial space or residential space for holding it or generating rental income, contact CDB Properties for the best options to avail. 

Contact: 03331115100

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