Pak Arab Housing – A Scheme With Economical Homes
"Roti, Kapra, Makaan"; an expression that strikes each resident of Pakistan. This expression will most likely remain true for a long time. In the 21st Century, growing consumerism, low budget, and expanding inflation trends twist the trend towards small homes.
Keeping these focuses on thought, a private society was launched by the name of 'Pak-Arab Housing Scheme', in the core of "Lahore" in 2003.
The society was essentially intended to cater the needs of middle and lower middle class. To specify, this group forms 90% of the total annual demand of 5 million homes in Pakistan.
Developers Of The Venture:
WAK Group is the owner and developer of this housing plan. The group has advanced involvement in real estate sector of Pakistan. The group launched its first project in 1960; now known as 'DHA Phase-1'. The credit for the development of few prominent ventures including Sui Gas Housing Scheme, Canal Park, and River Edge goes to this gathering. After the effective finish of stage 1, PAHS likewise launched Phase-2 in 2013.
PAHS has 3-marla, 5-marla, and 10-marla private plots. Pak Arab Society has begun to trigger investors due to its prime area and nature of formative work. The society is situated between Ferozepur Road and Defense Road Lahore. It is at a distance of roughly 5 KM from DHA Phase-3 and 4.
In the event that you need a place to live from where you can go for shopping to DHA or Liberty without much of a stretch, and if you have a limited financial power for real estate investment; Pak Arab Housing Scheme is the best choice for you.
The society is planned to ease traffic hassles and therefore, you can see expanded interest for plots here.
In PAHS, 3 Marla, 5 Marla, and 10 Marla plots are available at PKR 45 lakh, 60 lakh, and 95 lakh respectively. Keeping in view the increased demand in the recent market, the prices are expected to go up by 54%, 72%, and 114% respectively.
With roughly 3000 Kanal of land, Pak Arab Housing Society offers a promising investment opportunity. You can find an extensive rise in real estate activity over the last couple of years. Because of its prime area and decent prices, Pak Arab Housing Society is well on the way to becoming a secure place for the investors to put their cash.
June 8, 2018 AT 09:17 AM
I would like to know how do you define a middle-class society who is able to purchase a house for 45 lacs on a 3-marla land?