The capital city of Punjab, although best-known for its rich history and finger-licking food, also has one of the most successful real estate markets in Pakistan. The vibrant megalopolis offers a wide spectrum of investment opportunities. So, for instance, if you’re planning to buy 10 marla plots for sale in Lahore within the price range of PKR 80 lakh to PKR 1 crore, then we can help you out by narrowing down your options to the best areas in the city.
BEST AREAS WITH 10 MARLA PLOTS IN LAHORE WITHIN THE PKR 80 LAKH TO PKR 1 CRORE RANGE
Known as the resting place of the poet of the East, Allama Iqbal, Lahore boasts a vibrant property market that, as discussed in our H1 2019 Market Report for the city, is one of the best in the country.
As per data obtained from the first half of 2019, the top three areas that appeared to be rather popular among property seekers are DHA 11 Rahbar, Paragon City and OPF Housing Scheme. The table also shows Punjab University Employees Society, Iqbal Avenue, and Sukh Chayn Gardens among the list of top ten areas to invest in Lahore property market. Apart from that, you can also secure your investment in Sahafi Colony, Eden, Defence Road and Architects Engineers Housing Society, as shown in the infographic above.
Moving forward, we will now take a look at the details of the top three areas with 10 marla plots for sale in Lahore in the price range of PKR 80 lakh and PKR 1 crore. We will also discuss as to why these areas are ideal for you if you plan on making an investment in Lahore’s real estate market.
DHA 11 RAHBAR
A glorious project of Defence Housing Authority, Lahore, DHA 11 Rahbar is one of the most well-planned housing schemes in the country. All in all, Defence comprises XI phases situated in different parts of the city. Currently, seven phases are open for investment.
Situated near Raiwind Road and Lahore Ring Road, DHA 11 Rahbar is quite affordable since it boasts many plots with affordable rates. The reason this gated society topped our list of the best areas to buy 10 marla plots for sale in Lahore under PKR 1 crore is mainly due to its location near several high-end societies of Lahore, including Valencia, National Police Foundation Housing Society, and Fazaia Housing Scheme.
With additional amenities and all basic facilities, DHA Rahbar 11 is a paradigm of the ideal residential neighbourhood. When it comes to investing in 10 marla plots in DHA 11 Rahbar, you need an average budget of PKR 97 lakh.
Given its location, the fact that it’s parallel to two main highways of Lahore, it offers various options in terms of transportation.
Paragon City spreads over approximately 2 kilometres around Barki Road, which intersects Lahore Ring Road (L-20) and Airport Road at Abdullah Gul Interchange. Neighbouring some of the posh localities of the city, such as DHA, Lahore, Paragon City offers a whole new level of luxury and security.
As to why this locality made our list of the most popular areas with 10 marla plots for sale in Lahore shouldn’t come as a surprise. Paragon City boasts links to major arteries of the city. It’s a well-planned community with modern-day infrastructure and is home to a number of well-reviewed educational institutions. It also has a community park and a graveyard.
Considering the afore-mentioned amenities and features, exploring 10 marla plots for sale in Paragon City, which are available at an average rate of PKR 91 lakh, can be a viable option for those looking to build a home. Additionally, securing your investment in this part of the city comes with several bonuses. Public transport is readily available due to its closeness to Lahore Ring Road. Meanwhile, each block has its dedicated communal worship centre and park. Similarly, campuses of top schools, including Lahore Grammar School, are also situated in the vicinity.
OPF HOUSING SCHEME
Overseas Pakistanis Foundation – OPF Housing Society is situated on the fringes of Raiwand Road and it spreads across Khayaban-e-Jinnah. Comprising Blocks A to E, OPF Housing Scheme is an upscale residential setting boasting several investment opportunities for property seekers and investors in Lahore.
Considering its prime location along Raiwind Road, OPF Housing Scheme provides hassle-free commute. Currently, the society has two completely developed phases – Phase I and Phase II – spreading over an area of 2316 kanal and 558 kanal, respectively. We’ve compiled a small overview of the society to help you make an informed decision:
- Fully developed roads, sewerage lines, and water supply system
- Gated community with an adequate supply of Sui gas and electricity
- Separately planned commercial and residential areas
- Managed by none other than Ministry of Overseas Pakistanis & Human Resource Development, Government of Pakistan.
The average price of 10 marla plots for sale in OPF Housing Scheme stands at PKR 88 lakh, with Block C being the most popular sub-area.
As far as the facilities in the society are concerned, its position alongside Raiwind Road makes commute quite easy and convenient. While academic institutions offering pre-primary to higher education are found in abundance.
As for other popular areas with 10 marla plots for sale in Lahore within the PKR 80 lakh to PKR 1 crore range, we have Punjab University Employees Society. The average price of 10 marla plots in Punjab University Employees Society hovers at PKR 81 lakh. You can also explore 10 marla plots for sale on Iqbal Avenue, where the average price is somewhere around PKR 85 lakh.
Sukh Chayn Gardens and Sahafi Colony have also made to our list of top 10 areas for securing investment in Lahore’s real estate market if you’re specifically looking for 10 marla plots for sale in the city of gardens. The idea of building Sukh Chayn Gardens was proposed in the year 2004 by eight people with a vision to provide a modern lifestyle and a high-end residential scheme at economical rates to the residents of Lahore. The average price of 10 marla plots in Sukh Chayn Gardens hovers at 93 lakh. On the other hand, buying 10 marla plots in Sahafi Colony requires an average investment of PKR 92 lakh.
You can also opt for 10 marla plots for sale in Eden at an average price PKR 93 lakh. Likewise, you also have several options available on Defence Road, Lahore. 10 marla plots on Defence Road can cost you around PKR 80 lakh, on an average. You can also consider Architects Engineers Housing Society featuring 10 marla plots for sale at an average price of PKR 96 lakh.
In addition, you can also go over our post detailing the most popular areas with 10 marla plots for sale in Lahore, if your budget falls anywhere between PKR 60 and PKR 80 lakh. Looking for smaller options in the same price range? Do check out the top areas with 5 marla houses for sale in Lahore under PKR 9 million.