Pine Avenue Downtown Commercial Booking Available: Etihad Town Phase 2

Pine Avenue Downtown Commercial Booking Available — The BIGGEST Investment Opportunity in Etihad Town Phase 2!

Assalamu Alaikum, viewers! Welcome back to your Lahore real estate YouTube channel. I’m Manish, here to bring you an exciting update about the main Pine Avenue development in Etihad Town, along with a significant announcement from a recent on-site event that could greatly benefit investors—especially those who have already purchased commercial plots there.

Important Announcement

The speaker begins with his greetings and introduces himself. He highlights that today’s video will focus on the main Pine Avenue development update.

Recently, a significant event took place on-site where the management made a major announcement that is likely to be very beneficial for current clients.

Road Operational Announcement

Previously, it was projected that the main Pine Avenue road would be operational within 6 to 8 months. However, at yesterday’s event, management surprised everyone with the announcement that the road will become operational by December 30.

Why December 30?

This expedited timeline is attributed to rapid progress on an underpass construction. The speaker notes that by December 30, they plan to complete this crucial work and open the road in the same year. He describes the road as having been cleanly straightened, with only the black-topping remaining. Currently, about 80% of the road work for the Pine Avenue commercial area in Etihad Town Phase 2 is already finished.

Status of Clients & Payments

Some clients had difficulty completing their down payments due to high requirements. To assist them, the management has extended the payment deadline by 2-3 months. Many clients are now experiencing a rise in property value, even if they had not finished their payments earlier.

For prospective buyers, this presents an excellent opportunity since the demand for the commercial downtown inventory continues to rise.

Inventory & Pricing Details

The speaker provides insights on the limited inventory:

• Downtown commercial plots are in very high demand compared to the main commercial plots, which are more abundant.
• Previously available level plots are quickly running out. He predicts that within 1 to 1.5 weeks, the level plots may no longer be available due to rapid sales.

Current Pricing:

• 5.33 Marla commercial (non-park-facing): PKR 1.20 crore (12 million)
• 5.33 Marla commercial (park-facing): PKR 2.60 crore
• 8 Marla commercial: PKR 4 crore (notably lower than the previous price of 5.6 crore for main road locations)

He urges potential buyers to make their purchases now, emphasizing that this isn’t a mere “dream” but rather an on-ground reality. The imminent operational road is expected to significantly increase foot traffic and, consequently, the commercial value of properties in the area.

The speaker forecasts that in the next five years, commercial prices here could rival those in established hubs like the “main Pine revenue” area, making this an ideal investment, especially with the current installment payment plan.

Analysis & Latest Insights

Strong Market Demand

Recent research by Savills indicates that the Pine Avenue area will add about 1.17 million sq ft of net leasable commercial space over the next few years—representing a 50% increase in current supply. This growing demand reinforces the idea that investing in commercial plots in this area is prudent.

Regulatory Considerations

A recent SRO from the Government of Pakistan recognizes Pine Avenue Road under a housing scheme, indicating formal acknowledgment. Buyers should investigate any legal and tax implications when investing, particularly in commercial properties.

Developer Credibility

Although Etihad Town provides documentation like allotment letters, it’s essential to confirm:

• Whether the commercial plots are “possession plots” or “files” (future allotment).
• Payment schedules, development charges, and construction progress verification.

Why This Is a Big Opportunity

1. Operational Road Coming Soon: The December 30 announcement about road connectivity is a significant value driver for commercial real estate.
2. Limited Inventory: With decreasing availability of downtown commercial plots, scarcity combined with high demand presents potential for price appreciation.
3. Flexible Payment Options: The 20% down payment and installment plan make these plots accessible to many buyers.
4. Projected High Traffic: Post-road opening, increased foot traffic and vehicle flow will likely boost rental and resale value.
5. Comparative Advantage: The speaker asserts that these downtown plots may surpass more established commercial properties in terms of price and prospective revenue.

Risks & What to Look Out For

• Underpass Risks: Delays or unforeseen issues in the underpass construction could postpone the road opening.
• Payment Risks: Buyers who have not completed payments should verify their status to avoid complications.
• Regulatory Risks: Ensure that the legal title is verified and that relevant approvals are secured.
• Market Risks: Economic downturns could impact rental or resale values despite current positive outlooks.

Conclusion & Recommendation

The announcement regarding the December 30 opening is a very positive signal for existing buyers, potentially accelerating property appreciation more rapidly than expected. For new investors, this is a narrow window of opportunity: as commercial inventory, especially desirable level and park-facing plots, remains limited, the next few weeks are critical.

Next Steps:

• Reach out to your real estate contact (or me, as suggested by the speaker) to verify plot status and payment histories.
• Conduct due diligence on legal titles, LDA approvals, and development progress.
• Plan your payments with the 20% down payment and installment schedule in mind.
• Monitor the underpass construction and any updates as December 30 approaches.

Thank you for tuning in! If you have questions or need assistance with investing, feel free to contact me.