Looking to buy Shops for Sale in Shah Alam Market? Here is what you should know.
Why buy Shops for Sale in Shah Alam Market?
The country’s largest hub for wholesale shopping and distribution (also dubbed as the largest wholesale market in Asia) is situated in the Old Walled City of Lahore. A little history – the ‘Shah-Alami Gate’ is named after the one of the sons of Mughal Emperor Aurangzeb, Shah Alam I. Before his death, the gate was called the ‘Bherwala Gate’, which burned down during the 1947 independence riots. Shopping in Shah Alam Market is an ultimate experience, where the overwhelming scenery will take hold of you. The sight and sound changes with each Gali or street that you walk into.
From the Brass Street, selling brass made lighting fixtures, to Bartan Street selling all sorts of kitchen utensils, there are some streets totally dedicated to shoes, hand embroidered fabrics, bridal dresses, beads and laces, jewellery, and children’s clothing – with everything available for sale on wholesale terms and conditions. Be it for your own setup or for renting it out, or even for selling it off later, buying a shop for sale in Shah Alam Market can be highly lucrative. Moreover, this market completely covers almost all the requirements one could ask when seeking creature comforts. Additionally, it contains more than 25 bazaars covering various essentials.
Types of Shops Available for Sale in Shah Alam Market
The market is a plethora of narrow lanes not strong enough to hold the load of the monstrous shopping plazas that have come up over time and without too much thought. The types of shops available for sale in Shah Alam Market are of various sizes – from 45 sq ft to 243 sq ft and above.
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Types of Shops Available for Sale in Shah Alam Market
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45 sq ft
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58 sq ft
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60 sq ft
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88 sq ft
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160 sq ft
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170 sq ft
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243 sq ft
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Sales price trend of Shops for Sale in Shah Alam Market
The shops available for sale in Shah Alam Market generally range between PKR 60 lakh and PKR 6 crore. The 45 sq ft shops can be found within the price bracket of PKR 50 lakh to PKR 62 lakh. The shops of size 60 sq ft will cost you from PKR 60 lakh to PKR 75 lakh. Similarly, the 88 sq ft shops for sale in Shah Alam Market cost between PKR 1.5 crore and PKR 1.5 crore, whereas the 160 sq ft shops cost from PKR 2 crore and PKR 2.25 crore. The price for 170 sq ft shops falls between PKR 1.6 crore to PKR 5 crore – depending on the location. Moreover, the 243 sq ft shops cost from PKR 5.5 core to PKR 6 crore.
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Sale Price Trend for Shops for Sale in Shah Alam Market
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45 sq ft
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PKR 50 lakh – PKR 62 lakh
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60 sq ft
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PKR 60 lakh – PKR 75 lakh
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88 sq ft
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PKR 1.5 crore – PKR 2 crore
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160 sq ft
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PKR 2 crore – PKR 2.25 crore
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170 sq ft
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PKR 1.6 crore – PKR 5 crore
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243 sq ft
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PKR 5.5 core – PKR 6 crore
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It is pertinent to mention here that the shops located on the ground floor, or having a front display, near or on the main road, and corner have a higher price than the shops located deep inside the market.
Reasons to invest in Shops for sale in Shah Alam Market
Shah Alam Market is one of Lahore's biggest commercial markets that sits near the twelve-gated Old Walled City. The commercial hub is one of the largest wholesale markets of Pakistan – dubbed by some as the largest in Asia. It is situated near Mayo Chowk, next to the Mayo Hospital gate. The marketplace is very populated and contains an intricate network of small roads, connecting the entire market.