If you look at the overall picture of Lahore real estate’s performance, you might end up believing that the property business here is as stagnant as it is in the rest of Pakistan. However, a little focus on the sale purchase activity in the south and west of Lahore will reveal that a lot is happening there. It is believed that addition of new housing societies and extension of the existing ones has given Lahore real estate a boom in selective areas. It is also a fact that part of this boom is because of the families from other cities moving to Lahore in search of safer and peaceful vicinity.
Despite what has triggered the demand of property in the newly established housing societies of Lahore, the fact remains that the city has been preparing for this for more than one decade. Most of the housing societies that enjoy sound property demand and entertain a large number of local and overseas investors were planned and initiated in the late 90s and early 2000s. One such locality is Defence Housing Authority that has grown tremendously in last one decade and undoubtedly became one of the most popular residential developments in the history of Pakistan real estate.
Although the community has always been considered as one of the posh most locality of Lahore that offers ultimate luxury lifestyle to its dwellers, but it grabbed more attention and investments in the mid 2000s. It is believed that investment made by overseas Pakistanis in Lahore real estate is the prime reason behind increasing demand for DHA Lahore plots. As a posh and modern locality, DHA has expanded beyond phase X and offers many investment opportunities to the local as well as international investors. With such huge extension and activity in property sale and purchase, DHA becomes the most wanted and expensive locality of Lahore.
Zameen, the largest real estate portal of Pakistan, also notes that DHA Lahore contributes notably in the city’s realty market as most of the listings for property in Lahore contain houses and plots in DHA. According to the data collected by Zameen.com, DHA Lahore plot prices have increased almost 90% since 2008 and property experts expect further growth there. It is believed that property transactions in DHA Lahore will increase once again by the mid of this year giving a further surge to the rates of residential plots in Defence.
Real estate agents, investors as well as property experts label DHA Lahore as the most expensive and popular locality of the city. Therefore, for investment and residential purpose, DHA is the best choice that you have in Lahore.
Despite what has triggered the demand of property in the newly established housing societies of Lahore, the fact remains that the city has been preparing for this for more than one decade. Most of the housing societies that enjoy sound property demand and entertain a large number of local and overseas investors were planned and initiated in the late 90s and early 2000s. One such locality is Defence Housing Authority that has grown tremendously in last one decade and undoubtedly became one of the most popular residential developments in the history of Pakistan real estate.
Although the community has always been considered as one of the posh most locality of Lahore that offers ultimate luxury lifestyle to its dwellers, but it grabbed more attention and investments in the mid 2000s. It is believed that investment made by overseas Pakistanis in Lahore real estate is the prime reason behind increasing demand for DHA Lahore plots. As a posh and modern locality, DHA has expanded beyond phase X and offers many investment opportunities to the local as well as international investors. With such huge extension and activity in property sale and purchase, DHA becomes the most wanted and expensive locality of Lahore.
Zameen, the largest real estate portal of Pakistan, also notes that DHA Lahore contributes notably in the city’s realty market as most of the listings for property in Lahore contain houses and plots in DHA. According to the data collected by Zameen.com, DHA Lahore plot prices have increased almost 90% since 2008 and property experts expect further growth there. It is believed that property transactions in DHA Lahore will increase once again by the mid of this year giving a further surge to the rates of residential plots in Defence.
Real estate agents, investors as well as property experts label DHA Lahore as the most expensive and popular locality of the city. Therefore, for investment and residential purpose, DHA is the best choice that you have in Lahore.