Highlights of Commercial Properties for Rent in Lake City Lahore
- Prime Location: Lake City Lahore is strategically located, providing commercial properties with high visibility and easy accessibility for customers and clients.
- Gated Community Security: Like residential areas, commercial properties in Lake City benefit from the society's robust security measures, including gated entrances, 24/7 security personnel, and surveillance systems, ensuring a secure environment for businesses.
- Modern Infrastructure: Commercial properties in Lake City often feature modern and well-designed buildings with contemporary architecture, creating an attractive and professional atmosphere.
- Diverse Commercial Types: Lake City Lahore offers a range of commercial property types for rent, including shops, offices, retail spaces, warehouses, and more, catering to various business needs.
- High Footfall: Depending on the location, some commercial properties in Lake City experience a high volume of foot traffic due to their proximity to residential areas, educational institutions, and other amenities.
Lake City Lahore Launch
Lake City Lahore, launched in 2005, stands as a testament to modern urban planning and luxurious living, offering a harmonious blend of upscale residential options and world-class amenities in the heart of Lahore, Pakistan.
Master Plan of Lake City Lahore
Lake City Lahore's master plan is a testament to meticulous design and expertise, featuring a diverse range of residential and commercial offerings alongside premium amenities. It comprises organized sectors, each boasting well-planned infrastructure and facilities, as well as the luxurious Lake City Mall, grand mosques, golf and country clubs, and more. Lake City Lahore's sectors, such as M-1, M-2, M2-A, M-3, M3-A, M3-Ext, M-4, M-5, M-6, M-7, and M-8, offer residents a wide array of choices for their ideal living environment. Additionally, the Roof Gardens project provides luxurious apartments with outdoor and indoor amenities, while residential plots come in various sizes, from 5 Marla to 2 Kanal, catering to both residents and investors. Finally, the commercial plots in Lake City's Business Bay, Central Commercial District, and Canal Commercial Boulevard offer prime opportunities for businesses to thrive within this well-planned community.
Price Trends of Commercial Properties for Rent in Lake City Lahore
Property Type
|
Size
|
Rent (PKR per month)
|
Shop
|
5 Marla
|
1.2 - 2 Lakh
|
Office
|
5 Marla
|
1 - 1.5 Lakh
|
Warehouse
|
10 Marla
|
2.5 - 3.5 Lakh
|
Industrial Plot
|
1 Kanal
|
5 - 7 Lakh
|
Types of Commercial Properties for Rent in Lake City Lahore
Shops: Commercial shops are typically small retail spaces suitable for businesses such as boutiques, convenience stores, salons, and small restaurants. They are often located in commercial areas with high foot traffic.
Offices: Commercial office spaces are designed for businesses and professionals in need of workspaces. These spaces vary in size and can accommodate corporate offices, startups, medical clinics, law firms, and consulting companies.
Retail Spaces: Larger retail spaces are available for rent, suitable for supermarkets, electronics stores, showrooms, fashion boutiques, and other retail businesses. These spaces often offer more display and storage areas.
Warehouses and Storage Units: Lake City Lahore may offer commercial properties designed for storage and warehousing purposes. These are ideal for logistics, distribution, and inventory management businesses.
Places Near Lake City Lahore
- Lake City Lahore is strategically located, and it offers residents convenient access to various places and attractions in Lahore and the surrounding areas. Here are some notable places near Lake City Lahore:
- Riphah International University Lahore: Riphah International University Lahore is a well-known institution located in the vicinity of Lake City. It's an excellent option for higher education and is easily accessible from the housing society.
- Lahore Wildlife Park: Lahore Wildlife Park, also known as Lahore Zoo, is a popular recreational spot for families and wildlife enthusiasts. It's located near Lake City Lahore and offers a chance to see a variety of animals in a natural habitat.
- Safari Zoo: The Safari Zoo is another nearby attraction where visitors can experience a safari-like adventure and see exotic animals up close. It's a fun outing for families and nature lovers.
- Lahore Ring Road: Lake City Lahore is well-connected to Lahore Ring Road, which provides easy access to different parts of Lahore and reduces travel time. This road network facilitates commuting within the city.
- Raiwind Road: Raiwind Road is a major road artery that passes near Lake City Lahore. It's a vital transportation route connecting the housing society to other areas of Lahore and beyond.
- Bhatti Chowk: Bhatti Chowk is a local commercial and business area near Lake City. It offers shopping, dining, and various services, making it convenient for residents to access everyday necessities.
Why Invest in Lake City Lahore
There are many reasons why you might want to invest in Lake City Lahore. Here are a few of the most compelling reasons:
- Location: Lake City is located in the Raiwind Road area of Lahore, which is a rapidly developing area. The area is well-connected to the rest of Lahore, and it is close to major highways and commercial areas.
- Amenities: Lake City is a gated community with a wide range of amenities, including a lake, a golf course, a shopping mall, and a school. The community also has a well-maintained infrastructure and security system.
- Price: The prices of properties in Lake City are relatively affordable, especially compared to other upscale housing societies in Lahore. This makes it a good investment opportunity for those looking to get into the real estate market.
- Potential for capital appreciation: The real estate market in Lahore is growing rapidly, and Lake City is one of the most promising areas for investment. This means that there is a good possibility that the value of your property will appreciate over time.
- Rental potential: Lake City is a popular choice for both locals and foreigners, which means that there is a high demand for rental properties in the area. This makes it a good investment for those who are looking to generate passive income from their property.
Routes to Lake City Lahore
Here are some routes to Lake City Lahore:
Via Raiwind Road: This is the most direct route from the city center. Take Raiwind Road and continue until you reach Lake City. The total distance is about 13 kilometers and the travel time is about 30 minutes.
Raiwind Road Lahore
Via Ferozepur Road: This route is longer but less congested than Raiwind Road. Take Ferozepur Road and then turn left onto Main Boulevard. Continue until you reach Lake City. The total distance is about 15 kilometers and the travel time is about 45 minutes.
Ferozepur Road Lahore
Via M2 Motorway: This route is the fastest but also the most expensive. Take the M2 Motorway and exit at the Lake City Interchange. The total distance is about 10 kilometers and the travel time is about 20 minutes.
M2 Motorway Lahore
You can also use a navigation app like Google Maps or Waze to get directions to Lake City Lahore.
Search Trends of Properties in Lake City Lahore
The increasing search trends for properties in Lake City Lahore are due to a number of factors, including:
- The growing population of Lahore
- The improving infrastructure in Lake City
- The availability of mortgage financing
- The development of new amenities in Lake City, such as a golf course and a shopping mall
Head Office Location of Lake City Lahore
Lake City Lahore's head office, situated at 3-KM Raiwind Road in Lahore, Pakistan, serves as the central hub for inquiries and services related to this renowned housing society, offering residents and potential buyers a convenient point of contact for their needs and queries.
Amenities and Facilities in Lake City Lahore
- Gated Community: Lake City is a secure, gated community with 24/7 security services, CCTV surveillance, and controlled entry/exit points, ensuring the safety and peace of mind of its residents.
- Parks and Green Spaces: The housing society includes well-maintained parks and green areas, providing residents with beautiful outdoor spaces for relaxation and recreation.
- Education Institutions: Lake City Lahore often features its own educational institutions or is in close proximity to reputable schools and colleges, making it convenient for families with children.
- Lake and Water Features: Lake City may have artificial lakes and water features, offering scenic views and creating a tranquil atmosphere for residents to enjoy.
- Healthcare Facilities: Some developments within Lake City include healthcare facilities such as clinics or medical centers, ensuring residents have access to essential medical services.
- Sports Complex: It might include a sports complex with facilities for various sports like tennis, basketball, and more, allowing residents to stay active and fit.
- Community Centers: Lake City typically has community centers where residents can host events, meetings, or gatherings, fostering a sense of community.
- Shopping and Dining: The housing society often boasts shopping centers and dining options, making it convenient for residents to meet their everyday needs without traveling far.
- Golf Courses: Golf enthusiasts can enjoy access to well-maintained golf courses, providing a recreational outlet right within the community.
- Swimming Pools: Some phases of Lake City may feature swimming pools, allowing residents to cool off and relax during the hot months.
- Mosques: There are grand mosques within the community, providing a place for residents to worship and come together for religious activities.
- Commercial Areas: Lake City Lahore typically includes commercial areas with shops, banks, and other services, making it a self-sufficient community.
FAQs About Commercial Properties for Rent in Lake City Lahore
What types of commercial properties are available for rent in Lake City Lahore?
Lake City Lahore offers various types of commercial properties for rent, including shops, offices, retail spaces, warehouses, and more, catering to different business needs.
How do I find commercial properties for rent in Lake City Lahore?
You can search for commercial properties for rent in Lake City Lahore through reputable real estate websites, classified ads, or by working with local real estate agents who specialize in commercial real estate.
What is the typical rental cost for commercial properties in Lake City Lahore?
The rental cost of commercial properties in Lake City Lahore varies widely depending on factors such as the type of property, size, location, and market conditions. Prices can range from affordable to premium rates.
Are there any additional charges or fees when renting a commercial property in Lake City Lahore?
In addition to the rent, tenants may be responsible for utility costs, maintenance fees (if applicable), and possibly security deposits. It's essential to clarify these details with the landlord or property management.
What is the minimum lease duration for commercial properties in Lake City Lahore?
The minimum lease duration for commercial properties can vary. Some landlords may offer short-term leases, while others may prefer longer-term commitments. It's important to discuss lease terms with the property owner.
Are there any restrictions on customizing or renovating a rented commercial space in Lake City Lahore?
The extent to which you can customize or renovate a rented commercial space may depend on the terms of the lease agreement and any agreements with the landlord. It's crucial to clarify this before making any changes.
Is Lake City Lahore a secure place for commercial businesses?
Lake City Lahore is known for its security measures, including gated entrances and security personnel. While it is generally considered safe, it's advisable to take standard security precautions for businesses.
What types of commercial properties are available for sale in Lake City Lahore?
Lake City Lahore offers various types of commercial properties for sale, including commercial plots, shops, offices, retail spaces, warehouses, and more.
How do I find commercial properties for sale in Lake City Lahore?
You can search for commercial properties for sale in Lake City Lahore through reputable real estate websites, classified ads, or by working with local real estate agents who specialize in commercial real estate.
What is the price range for commercial properties in Lake City Lahore?
The price of commercial properties in Lake City Lahore can vary widely depending on factors such as location, size, type, and market conditions. Prices can range from affordable to high-end.
Are there financing options available for purchasing commercial properties in Lake City Lahore?
Yes, many banks and financial institutions offer financing options for commercial property purchases in Lake City Lahore. These options can help you fund your investment.
Are there any additional costs associated with purchasing commercial properties in Lake City Lahore?
In addition to the property's purchase price, you may incur additional costs such as property registration fees, stamp duty, legal fees, and possibly maintenance or association fees, depending on the type of property.
What documents are required for the purchase of commercial properties in Lake City Lahore?
Commonly required documents include your Computerized National Identity Card (CNIC), proof of income, a sale deed, property transfer documents, and any legal documentation related to the property.