Trend of purchase of houses in developed Housing Societies in Lahore increased manifold.

Trend of purchase of houses in developed and Modern Housing Societies of Lahore increased manifold.

Lahore:  Price of 1 Kanal Plot in Lahore increased from Rs. 18 Millions to 30 Millions. Besides Lahore, Other cities where all basic facilities (Gas, Water, Electricity, roads, sewerage etc) are available in Housing Societies, up trend is felt for purchasing houses.

In Lahore, such housing societies are DHA phase 6, Bahria and Lake City. According to market survey, price of 1 kanal plot in Defence is about Rs 25 to 30 Millions. In parallel to it, prices of 1 Kanal plot in above mentioned societies is about Rs 13 Millions.

As per statement of a developer, price of property is in firm position. However, there is a trend of increase in prices as well.