The overall economy of Pakistan has seen steady growth for several years and it is projected to continue into 2015 and beyond. Its major cities in order of investment potential are Karachi Lahore Faisalabad and Islamabad. Prices for all properties are relatively low and fluctuate depending on location. There are also many property types available such as apartments houses developments commercial real-estate and land.
Some cities are better for certain property types than others. For example there are more apartments available in Karachi and more houses available in Lahore. Overall the costs of commercial properties are dropping which makes them more affordable. Residential properties have been flat which make them a safe investment.
As mentioned above one of the best places to invest in Pakistan is Lahore. Situated in the north of Pakistan near the border with India it is not only considered a good place to invest in real-estate but also considered one of the cities with the highest quality of life in the country. In most parts of Lahore there is an abundance of affordable real-estate.
But like the rest of Pakistan the availability and affordability of land is very good in this city. In well-known developments like New Lahore City DHA and Bahria Town there is an increasing supply of properties to satisfy the growing demand for plots for sale. In New Lahore City for example the types of plots available are both commercial and residential and can be purchased in plot files or single plots.
New Lahore City plots for sale are very affordably priced. In 2015 some listings for 250-square-yard plots were available at prices of approximately Rs. 200000 near the Canal Bank Road. In that same year a 500-square-yard residential plot was also available for Rs. 200000.
Naturally New Lahore City plot rates fluctuate based on their location. For example a 75-square-yard plot file for sale near Railway Park costs considerably more than one near the Canal Bank road as it is in a more developed location. Prices for these smaller plots in 2015 were found to be between Rs. 455000 and Rs. 550000. That said wherever you choose to purchase a plot for sale in New Lahore City the prices are relatively low and are well-connected to the rest of the city.