Wondering What’s Happening in Sui Gas Phase II, Lahore? Here's The Latest Update!

Many housing societies are believed to benefit from the inauguration of the Lahore Ring Road’s Southern Loop II, which is intended to take place in December. Let’s find out more details about it.

Details Of Project:

Sui Gas Cooperative Housing Society Phase II shares its boundaries with Sharif Medical Complex in Bahria Town, National Fertilizer Cooperative Housing Society Phase II, and Army Welfare Trust Phase II, and it is located on Sharif Medical City Road, near Raiwind Road.

This society consists of eight blocks (A, B, C, D, E, F, G, and H) and features residential plots from 1-2 kanal. The number of 2 Kanal plot is relatively lower here and these plots are located on main roads and main boulevards.

Current Development Status:

According to Maqsood Shah of Consult & Deal, development work in Block A and Block B has been completed and property possession has been also granted a few months ago, where five houses are also being constructed at the moment.

The road network is also completed with all lane carpeted and water lines have been also laid in Blocks C, D, E, F, G and H. According to Arsalan Arshad of Abaan Associates, work on the arrangement of electricity supply has not been done yet. The developers have also erected some electricity poles that supply power to Blocks A and B and has also marked the site for a grid station on a 32 Kanal plot. The developer is yet to announce the date for granting possession in the remaining blocks, the development status suggests that plot possession may be handed over in the next one to one and half year.

Because it’s a project of Sui Northern Gas Company, gas connections are also available here.

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Future Potential:

The society features a planned development, with beautiful parks, reserved plots for schools, mosques, sites for landscaping, commercial markets, and sports facilities. With such features, this society is destined to attract people. In addition to that, the presence of Bahria Town phase II also adds worth to the project. Also, Jati Umrah’s presence also ensures safety.

However, Arsalan Arshad still believes the Sui Gas Phase II will take a while before it gets on the priority list of genuine buyers. Until this happens, this society will continue to serve medium-term investors.

Current Rates:

The price of 1 Kanal residential plot in Sui Gas Phase II Blocks A and B is higher as property possession are available here. On the other hand, the price of 2 Kanal residential plots is higher in blocks where this plot category is found on the Main Boulevard and wide roads.

The price range of residential plots in Sui Gas Society Phase II is given below:

Block A:

  • 1 kanal: PKR 5,000,000 – PKR 7,000,000
  • 2 kanal: PKR 11,500,000 – PKR 16,500,000 

Block B:

  • 1 kanal: PKR 5,500,000 – PKR 8,000,000
  • 2 kanal: PKR 11,500,000 – PKR 16,500,000 

Block C:

  • 1 kanal: PKR 4,500,000 – PKR 6,500,000 

Block D:

  • 1 kanal: PKR 4,700,000 – PKR 7,500,000
  • 2 Kanal: PKR 11,500,000 – PKR 16,500,000

Block E:

  • 1 kanal: PKR 4,700,000 – PKR 7,500,000
  • 2 kanal: PKR 11,500,000 – PKR 16,500,000

 Block F:

  • 1 kanal: PKR 4,700,000 – PKR 7,500,000
  • 2 kanal: PKR 11,500,000 – PKR 16,500,000

 Block G:

  • 1 kanal: PKR 5,500,000 – PKR 8,000,000
  • 2 kanal: PKR 12,000,000 – PKR 25,000,000

Block H:

  • 1 kanal: PKR 4,500,000 – PKR 6,500,000 

That was the latest information on Sui Gas Phase II. Let us know through your comments if you think investing here now will be a good decision or not.

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  • Aiman

    December 28, 2017 AT 04:38 PM

    Thank you for sharing this valuable information.

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