House for Rent in People Colony Faisalabad

Highlights of Peoples Colony Faisalabad

• The colony is located right besides the famous route of Faisalabad: Canal Expressway.
• Being an FDA approved housing society, Peoples Colony Faisalabad comes with 1.5 marlas to 1 kanal houses for rent.
• The starting rental cost of a house for rent in Peoples Colony Faisalabad lies around Rs. 1700. 

Price Trends 

One can easily find a house for rent in Peoples Colony Faisalabad for the starting price being as low as Rs. 17,000 for a 1.5 marla to 5 marla house. However, for bigger houses of 10 marla to 1 kanal sizes, the rents can go up to Rs. 1.6 lac. The rents of houses in this colony have increased over the years due to the hike in population. Moreover, its prime location also adds to the increased rental rates of houses.

One thing that the potential tenants need to keep in mind is that these rental rates are not fixed and might fluctuate due to factors such as size, amenities, and market trends.

Price Comparison

Peoples Colony Faisalabad is one of the most posh areas of the city, and comes with houses that offer various amenities and facilities. If we compare the rental cost of houses for rent in Peoples Colony Faisalabad with those in other neighbouring colonies such as Al Najaf Colony, It is evident that the rents in Peoples Colony Faisalabad are much lower as compared to the Al-Najaf Colony.

For instance, the prices of houses for rent in Al Najaf Colony Faisalabad start from Rs. 50,000, which is much higher in contrast to Peoples Colony Faisalabad. 

Types of Properties

Following are the common types of houses for rent available in Peoples Colony Faisalabad:

• Upper Portion
• Lower Portion
• Basement

Upper Portion

If the house comes with a garage and lawn, the upper portion of the house for rent in Peoples colony is usually rented at a lower cost than the lower portion.

Moreover, tenants living in the upper portion have access to the terrace as well as a mumty and rooftop.

Lower Portion

Residents of the lower portion have to pay a higher rent in most cases, as they have access to extra amenities such as a parking space and  a lawn. 

Basement

Sometimes the landlords rent out their basements as well. The rents of basements are usually lower as compared to the upper portions.

Places Nearby Peoples Colony

Why Should You Rent a House in Peoples Colony Faisalabad?

Peoples Colony is an ideal location in terms of residence in Faisalabad. It comes with a prime location, state-of-art-amenities, and contemporary infrastructure.

Talking about its prime location, the colony lies in the city centre, with key places such as D ground – one of the prominent commercial areas of the city, located in its proximity. 

Other than that, Peoples Colony Faisalabad is a well maintained housing society overall, making it a desirable place for living.