Looking to buy 3 Marla House in Lahore? Here is what you should know.
Why buy a 3 Marla House in Lahore?
The capital of Punjab, Lahore, is famous for hosting diverse cultures from all over the country. A beautiful blend of vibrant cultures, splendid heritage, and lively people is what Lahore is all about. People here enjoy life to the fullest. A number of festivals are organised in the city every year, including the famous Data Darbar Mela (the yearly carnival held at Sufi Data Ganj Baksh’s Shrine – built to house the remains of Sufi Ali Hujwiri). Moreover, Lahoris are also famous for their love of good food – be it desi or international. To get a glimpse into the city’s love for food, visit the famous ‘Food Street’ – located near the Badshahi mosque.
Lahore is witnessing the emergence of a number of new housing projects offering houses of various sizes and some are also offering easy monthly instalments to facilitate the buyers and the investors alike. From a low-priced house to the expensive ones, Lahore has several options for you to explore from. Additionally, the return on investment (ROI) is usually high – from short and medium to even long-term prospects. Lahore’s real estate market has never shied away from giving vast options. There are many up-and-coming housing schemes in Lahore that are offering 3-Marla houses are available for sale at affordable rates. Some prominent housing schemes of Lahore include Al Raheem Garden, Ali Town, Bahria Town Lahore – all offering houses for sale in Lahore.
Where can I find 3-Marla Houses for Sale in Lahore?
A 3-Marla House available for sale in Lahore offers good ROI, in terms of value for investments. However, the same is true if you wish to reside in that house as well. Lahore is largely an urban town with pockets of rural areas – around its outskirts. The move can be profitable if you plan to invest in one of the more recent housing schemes of Lahore such as Lake City or Bahria Town. These projects are situated at either ends of the famous Raiwind Road. Both these projects offer an unparalleled lifestyle, within a gated community, with a lush green environment.
Additionally, the 3-Marla houses available for sale in Lahore can also be found within the famous Walled City – Androon Lahore. These houses are available for sale with very high ROI opportunities. The sale price for these antiquities range around the PKR 3.5 crore mark. These expensive options offer safety and security for your investments. Moreover, these houses are usually 3-4 storeys tall and have high roofs to counter the scorching heat of the city.
Sale Price Trend for 3-Marla Houses in Lahore
The real estate market of Lahore has all the options one may need when buying a 3 Marla House for sale in Lahore. The general price trend for these houses range between PKR 50 lakh and PKR 85 lakh. Each society offers varying prices for their 3 Marla houses available for sale – owing to various factors such as the easy access to amenities such as public transport, markets, educational institutes, routes connecting to the city center, and also security protocols. Fortunately, almost all the prominent housing schemes are offering these above-mentioned amenities to facilitate the residents. Therefore, buying a 3 Marla house in Lahore within gated societies could be ideal – in terms of lucrative ROI based on the chance of increasing rates of the society.
A 3 Marla house for sale in Lahore’s DHA may cost you around PKR 90-95 lakh – located on its Min boulevard. However, a house of the same size, in the same society, may cost around PKR 85 lakh, if it is not situated on the main road, or is a corner house. These features can cause a fluctuation in the property prices, and also include park-facing properties.
The 3 Marla houses for sale in Paragon City may also intrigue your interest. The developers of this society have aimed to provide an ultra-modern living experience to its residents. The high-end gated community offers 3 Marla houses for sale, whose price ranges between PKR 60 lakh and PKR 70 lakh.
Reasons to invest in Lahore – Facilities & Security
Lahore provides almost all the necessary facilities to its residents, especially when it comes to the city’s transportation. Investing in a 3 Marla house in Lahore seems to be a reasonable decision – considering the scope of infrastructural developments underway and their provision of potential convenience. For example, the Southern Loop-3 of the Lahore Ring Road, which will connect Raiwind Road with the Multan Road, is in the pipeline. The Orange Line Metro Rail Transit System (OLMT) has also started its services, which connects a number of important areas, including Thokar Niaz Baig, the Grand Trunk (GT) Road and the University of Engineering Technology (UET).