Sui Gas Society Phase 2 – Plot Prices and Development Update
The Phase 2 of Sui Gas Officers Cooperative Housing Society is ideally positioned at Main Raiwind road. Located among city’s top housing societies near to Lahore Ring Road Interchange of Adda Plot, it is well set for a bright future. In the past, its market has been a bit slow and not much favorable for short-term investors, but 2018 is being said to be the lucky year for Sui Gas Society Lahore Phase 2. The linked benefits of Lahore Ring Road Southern Loop and society’s development pace will create a major difference in investments and property trade in future.
Impact of Lahore Ring Road Southern Loop
The inauguration of Lahore Ring Road Southern Loop (SL III) is a major development in this region. It has started proving advantageous for the housing societies in the vicinity as prices have started increasing there. With Sui Gas Phase Society Phase 2 is just 2 km away from its main interchange at Adda Plot, it is about to start reaping the linked benefits of Ring Road track.
Sui Gas Society Phase 2 – Ideal Location
Other than proximity to Lahore Ring Road Interchange, Sui Gas Society Lahore itself has an ideal location with Bahria Town Lahore, NFC Phase 2 in neighborhood. From the other side, Lake City and Bahria Orchard are at short distance while Airport and other major landmarks of the city are at a few minutes’ drive.
Sui Gas Society Phase 2 Available Plots
Phase 2 of Sui Gas Society has been divided into the eight block mainly offering 1 Kanal residential plots. A few 2 Kanal plots are also available but buyers are more interested in former category. For commercial plots, 156 Kanal of land has been reserved by the society management.
Sui Gas Lahore Phase 2 – Latest Development Status
The future of society is much dependent on the development work which has been shifted to the next gear now. The sewerage and road network is about to get complete while blocks A and B are now in ready-to-live status. In fact, construction of homes has started there. However, issue of non provision of electricity in the other blocks is still there and all these blocks will get electricity (phase wise) in this year expectedly. Possession for these remaining blocks is expected to be announced next after electrification.
Sui Gas Society Lahore Phase 2 Plot Prices
Following are the updated prices of Sui Gas Society Phase 2 plots of 1 Kanal cutting. 2 Kanal plots range Rs. 11,400,000 to Rs. 17,500,000.
|Block||Minimum Price||Maximum Price|
*Prices may vary fractionally depending upon location of the plot.
Also check out Bahria Town Lahore property rates.
Investment Potential & Future Prospects
At this supreme location, Sui Gas Phase 2 plots are very economical and available at the price of 5 Marla or 10 Marla plots of neighboring society. Lacking behind just because of electrification and once it’s done; it will get a huge gain for buyers. The society is near completion and has enough potential of growth in next 3-4 years which can be up to 100%.