Army Welfare Trust Housing Scheme – An Economical Investment Opportunity

Astounding area and sensible costs; these are the two subjective factors that best depict the 'Army Welfare Trust Housing Society'. AWT Lahore is a welfare housing project of Askari Group of Business Enterprises. This society was launched in 1990 to provide an economical investment option for the occupants of Pakistan.

AWT Housing Scheme, Phase-2, is situated at Raiwind Road and 5 minutes’ drive from Thokar Niaz Baig. The society is at the incredible location as there are numerous development activities going around in the region. In the proposed design, Ring Road will also go through the scheme. To add to this, Sharif Education and Medical Complex and Beacon University are exceptionally close to this scheme.

Price Trends:

The society comprises of 8 blocks, and each block offers only 10 Marla and 1 Kanal plots. As per latest updates, the prices in the scheme of these two categories of the plots are as follows:

  • 10 Marla: PKR 40 lakhs
  • 1 Kanal: PKR 75 lakhs

A rough estimate suggests that the year 2018 will see the prices go above PKR 48 lakhs and PKR 90 lakhs respectively.

Read also: A Brief Guide On Mortgage Financing In Pakistan

Why Are Prices Expected To Go High?

As indicated by the sources, the costs of AWT (Phase-2) are expected to mount in light of all the developmental and infrastructural work being done by the society. The venture has now access to numerous routes, which is another reason that costs will expand here.

Following are the main reasons which have resulted in the price increase:

  • Main Raiwind road
  • Vicinity of ring road
  • Surrounded by Lake City and Fazaia in the East
  • Bahria Town Phase 9 in the West
  • Beacon House Society in the North
  • Shareef Medical Complex and Sui Gas Society in the South

Conclusion:

By now, you more likely to have assessed your need and decision at this point. The society is confronting value climbs due to external infrastructural improvement. If you are intending to purchase a plot in AWT Phase-2, this is the time! Presumably, the costs will turn out to be consistent following a year or two due to the finishing of developmental work. AWT Housing Society is thought to be a safe investment in Real-Estate in Lahore for being a low-cost venture and having a solid back of Askari Group.

Consider your options and leave your comment below…

Read also: Ground Floor Vs. First Floor Living

 


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