Lahore is the capital of Punjab, referred to as the ‘Heart of Pakistan’. The city is famous for its extraordinary sites, delicious street food, and vibrant culture, allowing it to create a unique cultural identity.
It is considered to be the cultural capital of Pakistan based on the fact that it is home to over 15 million people with diverse cultural and traditional backgrounds.
For the past few years, the real estate sector in Lahore has grown exponentially. The revision in property taxes has raised the prices of plots, as a result, there has been an increase in the emergence of new housing projects.
The price range depends on the area where you want to buy a house in the city. Many housing schemes such as Al Raheem Garden, Ali Garden, and Bahria Town offer exclusive units for sale in Lahore.
Graana.com, Pakistan’s smartest property portal, has compiled the popular areas to buy a house in Lahore.
Why should you buy a property in Lahore?
The city’s convenient transportation system is one of the primary reasons for investing in Lahore. Currently, a large number of the population use the metro bus service, which allows you to commute from one end of the city to the other for only Rs.30.
As Pakistan’s second-largest economic hub (after Karachi), there are numerous job opportunities available here as well. Because the city is constantly growing, it is not difficult to find a property in Lahore.
Why should you buy a House for Sale in Lahore?
Following are some of Lahore’s most popular residential areas you should explore while considering buying a house in Lahore.
S.No | Area | Sector |
1 | Defence Housing Authority (DHA) | All Phases |
2 | Model Town | All blocks |
3 | Johar Town | – |
4 | Raiwind Road | – |
5 | Bahria Town | All Phases |
Defence Housing Authority (DHA)
DHA is a renowned and popular housing society that has its presence all over the country. The infrastructure and well-maintained facilities of this society attract many people to live here.
DHA is divided into different residential phases. In addition to these, it also has its commercial block which is lined with famous restaurants and cafes.
Defence Housing offers a modern living style and unique home designs that come with nearby access to luxurious markets, food chains, educational institutions, mosques, and recreational areas. The standard size of houses for sale in DHA Islamabad begins from 5 Marla, 10 Marla, and 1 Kanal.
Mentioned below are the standard prices trends of houses for sale in Lahore:
Houses for Sale Price Trends in DHA Lahore
Size of House | Price Trends (Sale) |
2 Kanal | Rs 10 Crore to 20 Crore |
1 Kanal | Rs 3 Crore to 6.75 Crore |
10 marla | Rs 1 Crore to 4.3 crores |
5 marla | Rs 90 lacs to 1.5 Crore |
Model Town Lahore
Located at a prime location near Kalma Flyover and Ferozepur Road, Model town is one of Lahore’s most upscale areas. This area is well-planned, with wide roads dividing the town into different blocks. Model Town Lahore is divided into 10 blocks, each with a variety of houses built to meet the needs of families belonging to all kinds of backgrounds.
You can find multiple options to buy a house of your choice at a very affordable price. The town offers all sorts of fundamental amenities along with other facilities such as educational institutions, shopping malls, grocery stores, parks, hospitals, gyms, and restaurants.
The standard size of houses for sale in Model Town is 5 marla, 8 marlas, and 1 Kanal. The price of houses in Model Town depends on several factors, i.e., size of the house and location.
Houses for Sale Price Trends in Model Town Lahore
Size of House | Price Trends (Sale) |
5 Marlas | Rs 89 Lacs to 2.1 Crore |
1 Kanal | Rs 4.15 Crore to 10 Crore. |
2 Kanal | Rs 8.25 Crore to 19 Crore. |
3 Kanal | Rs 15 Crore to 26 Crore |
4 Kanal | Rs 20 Crore to 34 Crore |
6 Kanal | Rs 35 Crore to 52 Crore |
Johar Town Lahore
Located in a prime location, Johar town is one of Lahore’s very famous localities. Due to the availability of world-class facilities, there is a lot of demand for houses for sale in the area.
This well-developed town is accessible from multiple points within the city and offers affordable options ranging from small houses to villas. Johar town is also commercially developed, as it connects to all major areas of the city.
Much like any other place, the price of a house for sale in Johar town depends on the size and location of the house.
The area offers some of the finest amenities including essential services, recreational areas, healthcare centres, educational institutes, shopping, restaurants, and banks. Public transportation is also easily accessible.
Mentioned below are the standard price trends of houses for sale in Johar town Lahore:
Houses for sale Price Trends in Johar Town Lahore
Size of House | Price Trends (Sale) |
5 Marlas | Rs 1.65 Crore to 2 Crore |
8 Marlas | Rs 1.90 Crore to 3.50 Crore |
10 Marlas | Rs 3.40 Crore to 4 Crore |
1 Kanal | Rs 3 Crore to 6 Crore |
Raiwind Road Lahore
Located next to Kingra Mino, Raiwind Road has become one of the most popular areas in Lahore. The locality has become easily accessible from various parts of the city after the construction of Ring Road, making it an appealing place to live and invest.
Many high-end real estate projects are being developed near this road as a result of significant infrastructure development. Some of the well-known residential communities in this area include Lake City, Kings Town Lahore, Bahria Orchard, and others. With the development of all of these projects, the prices of properties in this area have risen.
Prices of houses for sale vary with the area, size, and type of property. However, the standard size of houses for sale in the area ranges from 5 marlas, 8 marlas, 10 marlas, and 1 Kanal.
Mentioned below are the standard price trends of houses for sale in Raiwind road Lahore:
Houses for sale Price Trends in Raiwind Road Lahore
Size of House | Price Trends (Sale) |
5 Marlas | Rs 1.5 Crore to 2 Crore |
8 Marlas | Rs 1.70 Crore to 3.0 Crore |
10 Marlas | Rs 3.3 Crore to 4.2 Crore |
1 Kanal | Rs 2.8 Crore to 6 Crore |
Bahria Town Lahore
Bahria Town Lahore is another popular residential project that offers a modern lifestyle and profuse amenities. It is located just 15.2 kilometers away from Thokar Niaz Baig.
Bahria town is accessible from the Canal Road after crossing the Shakham Chowk. Bahria Town Group is one of the largest real estate developers in South Asia. Due to its high living standards, it is widely recognized in the country as a legitimate housing society.
It has its branches in nearly all major cities of Pakistan. Residents truly enjoy a luxurious and peaceful experience in the town. Several residential projects are under construction as more people are investing in the area.
The standard size of houses in the sector starts from 10 Marlas and can go up to 1 Kanal and more.
Houses for sale Price Trends in Bahria Town Lahore
Size of House | Price Trends (Sale) |
5 Marlas | Rs 1.5 Crore to 2 Crore |
8 Marlas | Rs 1.70 Crore to 3.56 Crore |
10 Marlas | Rs 3.8 Crore to 4.2 Crore |
1 Kanal | Rs 2.5 Crore to 6.92 Crore |
If you’re looking for more information about houses for sale or houses for rent in Lahore, follow the Graana blog.
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