Buying residential plots in Lahore is relatively affordable compared to the nation's largest city Karachi. Prices for residential plots in Lahore are lower than they have been in several years. However the overall economy of Pakistan has been showing steady growth which means that property values are destined to rise. Therefore residential plots for sale in Lahore are a valuable investment. When residential land has a low cost and a high projected selling price there is an opportunity to turn your purchase into a lucrative sale.
That said many people in Lahore prefer to build their own homes on the residential land that they purchase. Often it is slightly less expensive to do so. The cost of the land an architect materials and labor can come out to be cheaper than buying previously assembled home.
Lahore is a large city with many neighborhoods and developments. There are new residential construction projects being started all the time. Therefore finding residential plots for sale in Lahore is very easy. The most trustworthy and well-known real estate developers in Lahore are arguably the Defence Housing Authority (DHA) Bahria Town and the Lahore Development Authority (LDA). All three of these reputable developers have a relatively large supply of residential land for sale in Lahore.
One of the newest projects by the LDA is LDA Avenue One in southern Lahore near the Raiwind Road. Nearby Bahria Town has a more established development near the Lahore Wildlife Park. Both of these developments are somewhat less expensive than the more central areas of the city. Residential plots in DHA are slightly more expensive than those in LDA Avenue One and Bahria Town but are still more cost-effective than land in highly developed areas such as Jubilee Town near the Lahore Zoo and the Lahore Polo Club.