Looking to rent an upper portion in Lahore? Here is what you should know.
Why rent an upper portion in Lahore?
Lahore has remained a thriving city of culture, enriched with business activities and several other avenues of vibrancy. People flock from all corners of the country to get a chance at experiencing the highs and lows of this pre-partition walled city. The living situation in the provincial capital of Punjab has remained growing throughout the centuries to such an extent that Lahore has become one of the most prominent cities of the region.
Be it for relocation purposes or a temporary transition, you will always need a place to call ‘home’. Renting an upper portion in Lahore is the way to go about. Lahore, despite being the 2nd largest city of Pakistan, still faces housing shortages owing to the ever-increasing population. However, the metropolis is still home to numerous housing societies, which offer upper portions for rent. People can choose between various area sizes, localities, and its distance from the city centre.
What types of upper portions are available for rent in Lahore?
Unlike most metropolitan cities, the residents of Lahore enjoyed a unique style of living by preferring detached and independent homes constructed on the piece of land they owned. This horizontal construction trend has, however, seen a shift towards the vertical constructions over the last few years. Moving forward, upper portions are readily available for rent in Lahore, owing to the limited accommodation solutions. There are several upper portions available for rent in Lahore, ranging from 2 Marla to 10 Marla and beyond. Additionally, 1 & 2 Kanal upper portions are also available for rent in some parts of the city. Some of these housing options are situated on good locations like on the main road and connecting service roads.
|
Types of Upper Portions for Rent in Lahore
|
|
5 Marla
|
10 Marla
|
|
1 Kanal
|
2 Kanal
|
What is the rental price trend of upper portions in Lahore?
Lahore’s real estate market is filled with several options that you can explore from. The convenience this provides is unparalleled as it helps the tenant ‘with making a smart choice’. Residents of Lahore, usually reside in houses, and rent out the upper portion for added monetary gains. The reason why this model works is because the owners, mostly residing in the neighbouring portion, can keep an eye on the tenants — for facilitation and security concerns, benefiting both parties involved.
As the city’s real estate sector is expanding on all fronts, the housing options have drastically increased with the rental prices touching all extremes. You can find an upper portion of 5 Marla for rent in Lahore between PKR 22 thousand and PKR 35 thousand. The upper portion of a 10 Marla house for rent in Lahore can be found within the price bracket of PKR 17 thousand and PKR 55 thousand. The high-end upper portions of 1 Kanal houses for rent in Lahore falls between the price range of PKR 30 thousand and PKR 1.1 lakh.
|
Rental Price Trend of Upper Portions in Lahore
|
|
5 Marla
|
PKR 22 thousand — PKR 35 thousand
|
|
10 Marla
|
PKR 17 thousand — PKR 55 thousand
|
|
1 Kanal
|
PKR 30 thousand — PKR 1.1 lakh
|