Unveiling Post-Eid Market Trends in Lahore Smart City (April 2024)

Unveiling Post-Eid Market Trends in Lahore Smart City (April 2024)

The festive season of Eid often influences market trends, and the real estate sector is no exception. This blog post delves into the current state of the Lahore Smart City market post-Eid, analyzing changes in file rates and plot prices to help you make informed investment decisions.

Commercial Files Own Prices

• 2.66 Marla: Stable rates between own PKR 70k  to 100k
• 4 Marla: Executive category at own PKR 50k to 100k; Overseas category at own PKR 500k to 550k
• 6 Marla: Lowest rates at – Minus 50k to 100k
• 8 Marla: Executive at PKR 400k – 450k; Overseas at PKR 800k – 900k

Balloted Plots

Overseas Block 1

• Sector A: Pre-launching plots (PKR 19 lacs) now available at PKR 113k – 130k; Second booking plots (PKR 22.80 lacs) at PKR 900k – 1 million
• Sector B: Pre-launching plots (PKR 19 lacs) at PKR 160k – 165k; Second booking plots (PKR 22.80 lacs) at PKR 125k – 135k

Executive Block

• Pre-launching plots (PKR 18 lacs) at PKR 950k – 1000k (except in C Block where rates are slightly higher)
• Second booking plots (PKR 2160k) in A and B blocks at reasonable rates

Investment Recommendation:

Based on the current market trends, Lahore Smart City presents a compelling investment opportunity. Here’s why:

• Reasonable File Rates: The post-Eid adjustments offer a potentially beneficial entry point for investors.
• Harmony Park Block: For those with a budget under PKR 4 to 4.5 lacs, consider 3.5 Marla plots in Harmony Park Block, where you can acquire a right of selection acknowledgment slip.

Remember: Conducting your market research and consulting with a real estate expert are crucial steps before finalizing any investment decisions.

READ MORE: https://lahorerealestate.com/lahore-smart-city