Monday, April 16, 2012

Best Real Estate Investment opportunity in Lahore, Pakistan

Over the last decade, the trend of upscale, gated residential communities has emerged in Lahore, Pakistan. Some of which are comparable to international projects in terms of planning, infrastructure and real estate investment opportunities as well as the amenities they provide.
Khayaban-e-Amin is one such project attracting real estate investment from across Pakistan primarily due to the fact that it is envisioned to be an upscale, well planned and secure neighborhood.
It is located opposite Valencia Town, a posh and well-known residential area, on Defence Road, minutes from Shaukat Khanum Hospital and Thokar Niaz Baig. Spread over approximately, 1,400 acres, Khayaba-e-Amin comprises 16 blocks.
Although it was established in 2005, so far only two block (E and G) have been completed. Two blocks are under development: Block L and a block which will only cater to Pakistanis living overseas.
Development work on these two blocks is expected to be completed within two years. Pre-constructed houses (built on plots measuring 125, 250 and 500 square yards) as well as vacant plots are available.
Proposed amenities include a small commercial area, community center, hospital, mosque, several parks, school, internal shuttle service, round-the-clock security in the form of manned gates and surveillance cameras and an independent water filter plant.
The pricing structure (in rupees) of property in Khayaban-e-Amin is as follows:
Plot Size                                 Purchase price range
125 sq yds                                   1-1.2 million
250 sq yds                                   1.8-1.9 million
500 sq yds                                    2.8-3 million

Houses Size                           Purchase price range
125 sq yds                                   2.3-3.5 million
250 sq yds                                   5.6-6 million
500 sq yds                                    8-8.5 million