Highlights of Commercial Properties for Sale in Johar Town, Lahore
- Prime Location: Commercial properties in Johar Town are strategically located, offering businesses easy access to major roads and commercial hubs. This prime location enhances visibility and accessibility for customers and clients.
- Diverse Options: Johar Town provides a range of commercial property types to choose from, including shops, offices, showrooms, and commercial plots. This diversity allows businesses to find spaces that align with their specific needs and preferences.
- Modern Infrastructure: Many commercial properties in Johar Town feature modern infrastructure and amenities. This includes well-designed office spaces, ample parking, and efficient utility services, ensuring a comfortable and productive work environment.
- Business Opportunities: Johar Town is a thriving commercial area, making it an ideal place for entrepreneurs and investors. The area's economic vibrancy creates numerous business opportunities, attracting both local and national enterprises.
- Investment Potential: Commercial properties in Johar Town have shown consistent appreciation in value over the years. This presents a lucrative investment opportunity for those looking to grow their real estate portfolios or start a business.
Johar Town, Lahore History
ohar Town, located in Lahore, Punjab, Pakistan, has a relatively short but impactful history. Established in the late 1980s and early 1990s, this planned residential and commercial area was designed to meet the urban expansion needs of Lahore, a rapidly growing city in Pakistan. The town is named after Maulana Muhammad Ali Johar, a prominent figure in the Khilafat Movement during the British colonial era.
The Lahore Development Authority (LDA) played a crucial role in overseeing and approving the development of Johar Town, ensuring that it adhered to urban planning and zoning regulations. The town is divided into two main phases, Phase 1 and Phase 2, each comprising numerous blocks, labeled from A to R. This diverse array of blocks offers a wide variety of residential and commercial properties, catering to the needs of its residents.
Johar Town was carefully designed with modern infrastructure, including wide roads, parks, educational institutions, healthcare facilities, and commercial areas. This thoughtful planning aimed to create a comprehensive living and working environment, attracting families, businesses, and investors to the area.
Over the years, Johar Town has experienced remarkable growth and development. It has become one of Lahore's prominent localities, renowned for its accessibility, amenities, and real estate opportunities. The presence of the Lahore Expo Centre and Emporium Mall has further solidified its status as a bustling commercial hub, drawing visitors and shoppers from across the city.
Master Plan of Johar Town, Lahore
Johar Town in Lahore, Pakistan, is a well-planned residential and commercial area developed with a comprehensive master plan. While the exact master plan details may not be publicly available, the town's development reflects several key aspects of urban planning and zoning:
- Residential and Commercial Zones: The master plan of Johar Town designates specific areas for residential and commercial purposes. This zoning ensures a harmonious balance between housing and commercial activities, providing convenience to residents and businesses.
- Block Layout: The town is divided into two main phases, Phase 1 and Phase 2, with each phase containing multiple blocks labeled from A to R. The layout of these blocks is organized to accommodate various types of properties, including houses, apartments, and commercial spaces.
- Infrastructure: The master plan includes the development of a robust infrastructure, featuring wide roads, well-maintained parks, and green spaces. This infrastructure is designed to enhance the overall quality of life for residents.
- Educational and Healthcare Facilities: The plan includes provisions for educational institutions and healthcare facilities to cater to the needs of the community. These facilities are strategically located to ensure accessibility for residents.
- Commercial Hubs: Specific areas within Johar Town are designated as commercial hubs, attracting businesses and visitors. The Lahore Expo Centre and Emporium Mall, for example, are significant commercial landmarks within the town.
- Transportation Connectivity: The master plan accounts for transportation connectivity, ensuring that the town is well-connected to major roads and highways, making daily commutes convenient for residents.
- Amenities: Johar Town's master plan emphasizes the provision of amenities such as parks, recreational areas, and community centers to promote a vibrant and inclusive community.
- Security Measures: Security measures, including the presence of security personnel and surveillance, are part of the master plan to ensure the safety and well-being of residents.
While specific details of the master plan may not be publicly disclosed, the overall development of Johar Town reflects a well-thought-out urban planning approach. The town continues to evolve and adapt to the changing needs of its residents, making it an attractive and well-organized locality in Lahore.
Sectors in Johar Town, Lahore
Johar Town in Lahore, Pakistan, is organized into various sectors or blocks, each designated by a letter from A to R. These sectors or blocks play a crucial role in the town's urban planning and development. Here is an overview of some of the key sectors or blocks in Johar Town:
Phase 1:
- A Block: A well-known residential area featuring a mix of houses and commercial properties.
- B Block: Known for its residential properties and proximity to amenities.
- C Block: Offers a range of housing options and access to educational institutions.
- D Block: Features residential properties and convenient access to main roads.
- E Block: Known for its residential properties and ease of transportation.
- F Block: Offers housing options and is situated in a central location.
- G Block: Known for its residential properties and access to commercial areas.
- Phase 2:
- G Block: Features a mix of residential and commercial properties.
- H Block: Known for its residential properties and accessibility to amenities.
- K Block: Offers housing options and is part of Phase 2 development.
- L Block: Features residential properties and access to key facilities.
- M Block: Known for its residential properties and ease of transportation.
- N Block: Offers a range of housing options and is centrally located.
- P Block: Features residential properties and access to commercial areas.
- Q Block: Known for its residential properties and proximity to amenities.
- R Block: Offers housing options and is part of Phase 2 development.
These sectors or blocks are designed to provide a variety of housing and commercial options to cater to the diverse needs of Johar Town's residents. Each sector has its unique characteristics, amenities, and accessibility, contributing to the overall appeal and functionality of Johar Town as a vibrant urban locality in Lahore.
Location of Johar Town, Lahore
Johar Town is situated in the Iqbal Tehsil of Lahore, Punjab, Pakistan. It is positioned in the eastern part of Lahore, which is known for its urban development and accessibility to major roadways.
Johar Town is bordered by several significant roads and arteries, making it easily accessible from various parts of Lahore. Notable roadways near Johar Town include Canal Road, Khayaban-e-Firdousi, College Road, and Maulana Shaukat Ali Road.
Johar Town shares its boundaries with several other well-known localities and housing societies in Lahore. These include Faisal Town, Green Town, Wapda Town, Model Town, and Township, among others. This close proximity enhances connectivity to neighboring areas. It is home to commercial hubs like the Lahore Expo Centre and the Emporium Mall, which are popular landmarks and attractions for residents and visitors alike.
Johar Town's central location within Lahore, combined with its accessibility to major roads and amenities, has contributed to its status as a desirable residential and commercial destination in the city. Its strategic position allows residents to enjoy the benefits of urban living while maintaining easy connections to various parts of Lahore.
Price Trends of Commercial Properties for Sale in Johar Town, Lahore
Here's a table showing the prices for commercial properties in Johar Town, Lahore:
Property Type
|
Area
|
Price (PKR)
|
Office
|
500 sqft
|
2 crore - 2.4 crore
|
Office
|
1000 sqft
|
4 crore - 4.8 crore
|
Shop
|
100 sqft
|
1 crore - 1.4 crore
|
Shop
|
200 sqft
|
2 crore - 2.4 crore
|
Warehouse
|
1000 sqft
|
3 crore - 4 crore
|
Warehouse
|
2000 sqft
|
6 crore - 8 crore
|
Please note that actual property prices may vary based on factors such as location, condition, and market trends. It's advisable to consult local real estate agents or websites for the most accurate and up-to-date pricing information.
Types of Commercial Properties for Sale in Johar Town, Lahore
In Johar Town, Lahore, you can find various types of commercial properties available for sale. These commercial properties cater to different business needs and preferences. Here are some common types of commercial properties for sale in Johar Town:
- Commercial Plots: Commercial plots in different sizes are available for sale. These plots are suitable for constructing commercial buildings such as shops, offices, or showrooms.
- Office Spaces: There are office spaces available within commercial complexes and buildings. These spaces vary in size and are suitable for businesses looking for dedicated office locations.
- Shops: Shops are commonly available for sale in Johar Town. They can be located in standalone buildings or within commercial centers. These are suitable for retail businesses.
- Showrooms: Showrooms are larger commercial spaces designed to display products or services. They are often used by automobile dealerships, furniture stores, and electronics retailers.
- Warehouses: Warehouses are available for businesses requiring storage space. They come in various sizes to accommodate different storage needs.
- Commercial Buildings: Entire commercial buildings or plazas are also available for sale. These can include multiple shops, offices, and showrooms.
- Commercial Floors: Some buildings offer individual commercial floors for sale. These are often used for offices or showrooms.
- Commercial Land: Apart from built properties, commercial land is available for sale. Businesses can purchase land for future development.
It's important to consider your specific business needs, budget, and location preferences when looking for commercial properties in Johar Town, Lahore. Each type of property has its advantages, and choosing the right one depends on your business requirements and long-term goals.
Why Invest in Johar Town, Lahore
Investing in Johar Town, Lahore, offers several compelling reasons, making it an attractive choice for real estate investors:
- Prime Location: Johar Town enjoys a strategic location within Lahore, with easy access to major roads and key areas of the city. It is well-connected to Gulberg, Model Town, and other commercial hubs, making it a prime choice for businesses and residents alike.
- Diverse Property Options: Johar Town offers a wide range of property types, from residential houses to commercial spaces. Investors can diversify their portfolio by choosing from various property sizes and categories.
- Steady Appreciation: Over the years, property values in Johar Town have shown consistent appreciation, making it a lucrative investment destination. The demand for real estate in this area remains robust, ensuring the potential for future value growth.
- High Rental Yields: The area's popularity and proximity to educational institutions, markets, and businesses make it an ideal location for rental properties. Investors can earn attractive rental income from their investments.
- Commercial Opportunities: Johar Town boasts commercial properties that are ideal for businesses. The presence of Lahore Expo Centre and Emporium Mall attracts shoppers and entrepreneurs, creating a thriving commercial environment.
- Quality Infrastructure: The well-planned infrastructure in Johar Town includes wide roads, utilities, and modern amenities, enhancing the overall quality of life for residents and attracting potential buyers and tenants.
- Security and Safety: The presence of security personnel and measures implemented by the local authorities ensures a safe and secure living and working environment, which is essential for both residents and businesses.
- Educational Institutions: Johar Town is home to numerous reputable educational institutions, making it an appealing choice for families. Proximity to schools and colleges is a significant factor for property demand.
- Commercial Potential: For investors looking to start or expand businesses, Johar Town offers commercial properties in various sizes, suitable for different industries and enterprises.
- Ease of Transportation: The well-connected road network, public transport options, and proximity to major transportation hubs facilitate easy commuting for residents and employees, adding to the area's appeal.
In conclusion, Johar Town, Lahore, is a well-rounded investment destination that combines strategic location, steady appreciation, rental income potential, and a range of property options. Whether you are considering residential or commercial investments, Johar Town presents numerous opportunities for a profitable and rewarding investment experience.
Routes to Johar Town, Lahore
Johar Town in Lahore, Pakistan, is accessible through various routes, making it convenient for residents and visitors to reach the area. Here are some of the key routes to Johar Town:
- Canal Road: Canal Road is a major artery that runs along the southern boundary of Johar Town. It connects the area to other prominent parts of Lahore, including Gulberg and Thokar Niaz Baig, providing easy access to Johar Town.
- Khayaban-e-Firdousi: Khayaban-e-Firdousi is an important road that intersects Johar Town and connects it to areas like Model Town and Faisal Town. This route is often used by residents for local commuting.
- Maulana Shaukat Ali Road: Maulana Shaukat Ali Road, also known as Shaukat Ali Chowk, serves as another crucial route to Johar Town. It links the area to Garden Town and Liberty Market.
- Raiwind Road: Raiwind Road is a major road located to the southeast of Johar Town. It provides access to areas like Bahria Town Lahore and Defense Housing Authority (DHA) Lahore.
- College Road: College Road runs along the northern boundary of Johar Town and connects it to areas like Allama Iqbal Town and Township. It's a key route for residents traveling to these neighborhoods.
- Multan Road: Multan Road is a significant highway in Lahore and is easily accessible from Johar Town. It offers connections to areas like Thokar Niaz Baig and the Lahore Motorway.
- Johar Town Road: This road, often referred to as Johar Town Main Boulevard, serves as one of the primary internal routes within Johar Town, connecting various blocks and sectors within the locality.
- Ferozepur Road: Ferozepur Road is located to the west of Johar Town and provides access to areas like Iqbal Town and the Lahore Ring Road.
These well-connected routes make Johar Town easily accessible by road, whether you're coming from other parts of Lahore or from outside the city. The area's central location and proximity to major roads contribute to its popularity as a residential and commercial hub.
Search Trends of Properties for Sale in Johar Town, Lahore
Property seekers in Johar Town, Lahore, exhibit specific search trends when looking for properties for sale. These trends are influenced by factors like property type, size, price range, location, amenities, and more. Here, we delve into the typical search criteria and trends observed in the Johar Town real estate market:
- Houses: Residential houses of various sizes, including 5 Marla, 10 Marla, and 1 Kanal, are highly sought after. Buyers often look for houses that fit their family size and lifestyle preferences.
- Apartments: Apartments or flats, especially in gated communities or apartment complexes, are in demand, primarily among individuals or small families seeking a more compact living space.
- Commercial Properties: Investors and business owners frequently search for commercial properties, such as shops, offices, or commercial plots, to establish or expand their businesses in this bustling locality.
- Plots: Many buyers are interested in purchasing vacant plots, whether for investment purposes or to build their dream homes according to their specific preferences.
- Rental Properties: Those looking for temporary housing often search for rental properties, including houses and apartments, with different lease durations to choose from.
- Resale Properties: Resale properties, which may have a history but offer unique characteristics, also attract buyers looking for value and potential customization.
- Commercial Spaces: Entrepreneurs and business professionals often search for office spaces, showrooms, and commercial buildings to establish or expand their enterprises.
- Investment Opportunities: Investors actively seek properties with the potential for appreciation or rental income, considering factors like location and market trends.
These property types reflect the diverse range of preferences and needs of individuals and investors in Johar Town, Lahore. The specific type of property sought often depends on the buyer's goals, whether it's for residential purposes, business ventures, or investment opportunities.
Amenities and Facilities in Johar Town, Lahore
Johar Town in Lahore, Pakistan, offers a wide range of amenities and facilities to enhance the quality of life for its residents. Here are some of the key amenities and facilities available in Johar Town:
- Educational Institutions: Johar Town is home to numerous well-established schools, colleges, and universities. Residents have easy access to quality education, including institutions like the University of Central Punjab, Punjab Group of Colleges, Lahore Grammar School, and more.
- Healthcare Facilities: The area features several healthcare centers and hospitals, ensuring residents have access to medical care when needed. Prominent medical facilities in Johar Town include Shaukat Khanum Memorial Cancer Hospital, Doctors Hospital, and Horizon Hospital.
- Shopping and Retail: Johar Town offers a vibrant shopping experience with a variety of markets, supermarkets, and retail outlets. The Decent Departmental Store, Ri Cash And Carry, and Raees Superstore are among the popular shopping destinations.
- Emporium Mall: Emporium Mall is a major attraction in Johar Town, housing over 300 brand outlets, including clothing, accessories, and electronics stores. It also features a wide range of restaurants and cafes, making it a popular spot for shopping and dining.
- Parks and Recreation: Residents can enjoy leisure time at well-maintained parks and recreational areas. These green spaces offer a peaceful environment for relaxation and outdoor activities.
- Security Services: Johar Town prioritizes safety with the presence of security personnel and measures. Security inspectors and guards help ensure a secure living environment for residents.
- Transportation: The area benefits from good transportation connectivity, including public buses, rickshaws, railways stations, coaches, and access to the Lahore Rapid Transit project. This ensures convenient daily commuting options for residents.
- Religious Facilities: Johar Town boasts several mosques within walking distance for residents to practice their faith, including Jamia Masjid Gulab Shah Wali and Jamia Masjid (Hanfi Brailvi).
- Fitness and Recreation: Fitness enthusiasts have access to gyms, fitness studios, and sports complexes within the vicinity, promoting a healthy lifestyle.
- Commercial Opportunities: For entrepreneurs and business owners, there are ample commercial properties available for sale or rent, offering opportunities to establish or expand businesses.
These amenities and facilities contribute to the overall convenience and comfort of living in Johar Town, making it an attractive residential and commercial destination in Lahore. The area's well-planned infrastructure and accessibility to essential services further enhance its appeal to residents and businesses.
FAQs about Commercial Properties for Sale in Johar Town Lahore
Here are some frequently asked questions (FAQs) about commercial properties for sale in Johar Town:
What are the prominent commercial sectors in Johar Town, and how do they differ in terms of investment opportunities?
Johar Town features diverse commercial sectors, each with its unique investment potential. Understanding the strengths and characteristics of these sectors can help investors make informed decisions.
What financing options are available for purchasing commercial properties in Johar Town, and what documents are required for property acquisition?
Knowing the financing options, documentation process, and any financial institutions offering loans can assist buyers in securing their desired commercial properties hassle-free.
Are there any upcoming commercial projects or developments in Johar Town that could impact property values or business opportunities?
Staying informed about upcoming commercial projects or infrastructure developments can be crucial for investors looking to capitalize on evolving market dynamics and growth prospects.
What are the key considerations for evaluating the potential return on investment (ROI) for a commercial property in Johar Town?
Understanding factors such as rental yields, property appreciation, and market trends is essential for assessing the ROI potential of a commercial property and making a profitable investment.
What legal safeguards and due diligence measures should be taken when purchasing a commercial property in Johar Town to ensure a smooth transaction and compliance with local regulations?
Ensuring a secure and legally sound transaction is paramount. Buyers should be aware of the legal procedures, necessary permits, and potential challenges in the process of acquiring commercial real estate.