Looking to rent a House in Bahawalpur? Here is what you should know.
Why rent a House in Bahawalpur?
Bahawalpur — the 11th largest city of Pakistan was founded in 1789 — is famously known as the ‘City of Nawabs’. It is located in the province of Punjab. Bahawalpur was ruled by the Nawabs until 1955, all the while generating a rich architectural heritage, and is still known for its landmarks and monuments to date. Some of the famous palaces located in Bahawalpur include Noor Mahal, Darbar Mahal, Sadiq Garh Palace, as well as an ancient fort of Derawar — located in the Cholistan Desert.
The city offers its dwellers all the important facilities and amenities that are necessary for a modern lifestyle. There are many educational institutions located in Bahawalpur, which are providing students with quality education. A variety of conventional Bazaars and modern arenas feature traditional handicrafts that sightseers, as well as locals, can purchase.
What are the types of Houses available for Rent in Bahawalpur?
Citizens of Bahawalpur prefer living in a house over an apartment. A variety of houses are available for rent in the city with varying sizes — all depending on the preferences of the buyers and the size of their families.
The sizes of houses for rent in Bahawalpur may vary from 2 Marla, 3.3 Marla, 5 Marla, and even 10 Marla. You can also find 1 Kanal to 3 Kanal properties in the city. There are plenty of secure investment options available in Bahawalpur, including some prime housing schemes like DHA Bahawalpur, Al Noor Gardens, Shadman City, and the Khayaban-e-Ali Housing Society.
Sizes of Houses available for Rent in Bahawalpur
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5 Marla
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10 Marla
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1 Kanal
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2 Kanal
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What is the Rental Price Trend for Houses in Bahawalpur?
The rental value of houses in Bahawalpur may vary, depending on the location and the size of the house. A 2 Marla house available for rent may cost less than a 5 Marla house, as factors like the location of the property come into play. The rent of a 5 Marla House in Bahawalpur ranges between PKR 10 thousand and PKR 40 thousand. Similarly, for 10 Marla Houses in Bahawalpur can be rented out within the price brackets of PKR 35 thousand – PKR 80 thousand.
Rental Price Trend for Houses for rent in Bahawalpur
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5 Marla
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PKR 10 thousand - PKR 40 thousand
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10 Marla
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PKR 35 thousand – PKR 80 thousand
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1 Kanal
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PKR 60 thousand – PKR 1.5 Lakh
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Reasons to Invest in Bahawalpur
The variety of real estate options in Bahawalpur offers several investment opportunities when it comes to renting a house. With the number of new housing projects in Bahawalpur increasing over the years, the spike in investment opportunities, with a lucrative return on investments (ROI), has skyrocketed. The Defence Housing Authority (DHA) has also started a housing project in Bahawalpur. The City of Nawabs’ industrial sector has also been expanding exponentially, which has in turn, generated new job opportunities for the youth. Therefore, making it the perfect time to invest in the real estate sector of Bahawalpur.
Salient Features of Bahawalpur
- CCTV cameras installed across the city to improve security
- Historical Monuments attract both national and international tourists
- Ding Stadium constructed on international standards
- Medical facilities available of international standard