Introduction:
Park View City Lahore is a housing scheme of Lahore worth the investment. This residential society is located 3 km away from Thoker Niaz Baig, opposite DHA EME Sector and developed by Vision Group.
Lahore is a bustling residential project that features an environment that is calmer away from the noise and hustle-bustle of the city. Initially, this residential project was named ‘Park View Villas’, but then the authorities renamed it ‘Park View City.
Park View City Lahore Developers and Owners:
The developers and owners of Park View City are Vision Group. The Vision Group is owned by Aleem Khan, a distinguished member of (PTI) Pakistan Tehreek-e-Insaf. Under his supervision, an exemplary team of architects and engineers are working on the development of this project.
Park View City, a thoughtfully-designed residential project of Vision Group, is currently being regarded as the ‘investor’s paradise’ as it aims to enrich the lives of the people of Lahore with top-notch facilities.
Park View City Lahore NOC:
The No Objection Certificate (NOC) of Park View City Lahore is expected to be approved by Lahore Development Authority (LDA). Park View City has established exemplary trust among the general public as its sister project ‘Park View City Islamabad’ is becoming nothing short of a success.
Park View City Lahore Location:
The location of Park View City Lahore is skillfully chosen as it is situated in a calm and serene environment on Thokar Niaz Baig, opposite DHA EME Lahore.
The location is accessible through many roads and lines, making it iconic in its own way.
Park View City Lahore Accessibility:
Park View City is highly accessible.
Following are the quick & easy accessibility to the Park View City in Lahore:
- Right next to Multan Road
- Right next to the National Highway
- Almost 18 minutes drive away from L-20, Lahore Ring Road
- Almost 9 minutes drive away from Abdul Sattar Edhi Road, Lahore
- Almost 19 minutes drive away from Defence Road, Lahore
- Almost 10 minutes drive away from M-2 Motorway
- Almost 12 minutes drive away from Raiwind Road, Lahore
Park View City nearby landmarks and places:
Several nearby landmarks and places surround Park View City:
- Defense Housing Authority, Lahore
- Valencia Town Lahore
- Bahria Town Lahore
- WAPDA Town Lahore
- Johar Town Lahore
- Allama Iqbal Town Lahore
- Nishtar Town Lahore
- Model Town Lahore
- Eden Value Homes
- LDA Avenue Lahore
- Muhafiz Town Lahore
- Gulshan-e-Lahore
- Welfare Society Lahore
- Samanabad Town Lahore
- OPF Housing Scheme Lahore
- Airline Society Lahore
- Badshahi Mosque Lahore
- Marghazar Colony Lahore
- Sabzazar
- Daewoo Express Terminal Thokar Niaz Baig
- Thokar Niaz Baig Lahore
- Mustafa Town Lahore
- Expo Center Lahore
- PCSIR Housing Scheme, Lahore
Park View City Lahore Masterplan:
The total land dedicated to developing this residential scheme is 5000 Kanal. A highly skilled team of engineers and architects have laid out the foundation of the master plan.
Park View City Lahore Blocks:
- This housing scheme contains different blocks mentioned below:
- Tulip Block
- Jade Block
- Gold Block
- Topaz Block
- Rose Block
- Jasmine Block
- Orchard Block
- Tulip Overseas Block
- Executive Block
- Platinum Block
- Overseas Block
- Diamond Block
Here are some further details about the plot sizes available in some of these blocks:
Park View City Residential Plots in Overseas Block:
Following are some details about the plot sizes of this block:
- 5 Marla
- 10 Marla
- 1 Kanal
Park View City Residential Plots in Topaz Block:
Here are some details about the plot sizes of this block:
- 5 Marla
- 10 Marla
Park View City Residential Plots in Crystal Block:
Some details about the plot sizes of this block are as follows:
- 5 Marla
- 10 Marla
Park View City Residential Plots in Diamond Block:
The Diamond Block of this housing scheme has currently been sold out. However, here are some details about the plot sizes of this block:
- 5 Marla
- 10 Marla
Park View City Residential Plots in Golf-Estate:
Following are the sizes of the plots:
- 5 Marla
- 10 Marla
- Overall, Park View City Lahore offers the following residential and commercial plots in different blocks:
Park View City Residential Plots:
The society is offering a range of residential plots as follows:
- 3.5 Marla (Sold out)
- 5 Marla
- 10 Marla
- 1 Kanal
Park View City Commercial Plots:
The currently available size of commercial plots within this housing scheme is:
- 5 Marla
Park View City Lahore Payment Plan:
This housing scheme has extremely pocket-friendly payment plans. These payment plans have been formed to provide utmost facilitation for the buyers. The payment plan of various residential and commercial plots of Park View City Lahore are as follows:
Park View City Overseas Block Payment Plan:
Park View City Diamond Block Payment Plan:
Park View City Orchard Block Payment Plan:
Park View City Broadway Commercial Plots Payment Plan:
Park View City Crystal Block Payment Plan:
Park View City Golf Estate Payment Plan:
The price market trend of Park View City residential and commercial plots, depending on which block you are interested in, is as follows:
Residential Plots:
Sr. No. | Plot Sizes | Plot Prices |
1 | 5 Marla | 35-65 Lakh |
2 | 10 Marla | 80 Lakh-1.2 Crore |
3 | 1 Kanal | 1.5-2.5 Crore |
Commercial Plots:
Sr. No. | Plot Sizes | Plot Prices |
1 | 5 Marla | 2.1-2.7 Crore |
Park View City Lahore Facilities & Amenities:
Park View City Lahore is not only a housing society with a modern vision, but it also has a mission to revolutionize the living standards of the people of Lahore at affordable prices. The facilities Park View City housing scheme provides for its residents are unlike any other housing scheme in Lahore. The amenities are also top-notch in Park View City.
Some of the facilities & Amenities of this housing scheme are mentioned below:
Eco-Friendly:
This residential society is filled with greenery, making Park View City a great living place for nature lovers. It offers a serene, eco-friendly environment and contains contemporary facilities for its residents.
Grand Mosque:
Religious needs hold the utmost value for people. Hence, this residential society has taken that into account as well. It has one grand mosque and other sector-wise mosques adorned with modern technology and architecture.
Water Resources:
Clean water has become rare nowadays. But not for the residents of this housing society. It has installed various filter plants for its residents. Simultaneously, it has also developed water reservoirs to store large amounts of water to be used by the residents for daily chores.
Education Complex:
The following educational facilities will be available for the residents of this residential society:
- Universities
- Medical Colleges
- Schools
- Day Care Centers
Hospital:
The medical needs of any society cannot be ignored. Hence, Park View City has announced the development and inauguration of its hospital, which will have a top-class team of skilled doctors and work on international protocols to provide its residents with up to the mark medical facilities.
Business & Commercial Hub:
The economic and commercial needs of residents of this housing scheme have been considered. The residential society has formed an excellent plan to provide residents with an all-in-one commercial area. This commercial area will allow all the residents to lead a worry-less life, with no stress about their economic and commercial needs.
Secure Community:
Without fostering a sense of safety, a housing society is bound to disappoint its residents. But the good news is that this project has made the security of its residents a top-most priority. A boundary wall has been laid to envelop the residential project to promote high-level safety. Moreover, 24/7 CCTV cameras and other surveillance gear are installed within this Park View City.
High-quality Road Infrastructure:
Engineers and architects have put their utmost effort into developing a spacious and magnificent main road with beautiful well-structured streets. Additionally, the main boulevard in itself is a sight worth seeing.
Park View City Lahore Salient Features:
Following are the salient features of Park View City:
- Beautiful entrance gate
- Affordability
- Grand Mosques
- Zoo
- IMax Cinema
- Eateries and Cafes
- Water Resources
- Eco-community
- Education Complex
- Accessibility
- Club House
- Retail Area
- 24/7 security
- Maintenance
- Boundary Wall
- Gated community
- Quality Development
- Water, Gas, Electricity
- Underground electrification
- Sewerage and waste disposal system
- World-class infrastructure development
- Sports complex with indoor and outdoor facilities
Guidelines to follow while Purchasing/Sale of Plots in Park View City Lahore:
Following are the guidelines to follow:
Document Verification:
To avoid any complication, misunderstanding, or miscommunication, everyone is advised to verify all the documentation carefully. Moreover, it is always safe to inquire about the NOC of any property before making a purchase. This makes sure that customer satisfaction will be achieved and verifies that your documentation is valid.
Financial Security:
Mindful planning of adequate alignment of your funds with your purchase plan will protect you from facing any discomfort later. Hence, we always facilitate our customers to align their purchase plans with their financial capacities.
Property Visits:
It is always wise to visit the plot site before purchasing, as it ensures that the written documents are under the plot specifications.
Documentation Requirement for Booking Plots in Park View City Lahore:
Tajarat Properties believes in the bond of trust and transparency with our customers, so we recommend enquiring about the latest documentation requirement for booking. The following documents are required to buy property in Park View City:
- Two passport size Pictures
- NICOP for overseas clients
- Two copies of your National Identity Card
- Two copies of the I.D. card of your next of Kin
Benefits of Real Estate Investment:
Real estate investment is a tricky business, which is why we are here to help you. Let us assure you that real estate investment is a highly profitable business compared to other business ventures.
Some of the main benefits are as follows:
1. Financial Security:
By making the right real estate investment, you do not have to worry about losing the value of your asset. Not only does real estate investment save you from the hassle of worrying about losing the cost of your asset, but it also ensures that the cost of assets will only grow higher with time.
2. Stable Income:
Real estate investment is among the best methods to earn a stable income. For example, you can buy a developed property and rent it. Not only will the rent increase per year, but the value of your asset will also go much higher with time. Hence, it becomes a win-win situation!
3. Manageable:
Real estate investments make sure you live a carefree life with no worries about going and managing it daily like other businesses. You only have to visit once in a while to make sure your asset has not fallen into the wrong hands of encroachers.
4. Passive Income:
Passive income like rent could be generated once someone has invested in a real estate property. Investors buy a developed property or develop an open land and then rent it out, ensuring a steady source generation source throughout the year, uninterruptedly.
5. Non-depreciable Asset:
Real estate investment is a business that will never lose its value once done rightly. Real estate value always increases every year. And if some significant government or private project is started in its vicinity, the value may increase manifold.
Booking Procedure for Property in Park View City Lahore:
Tajarat Properties always advises our respected customers that inquire about the latest booking procedure from management to clear out any communication. The booking procedure is as simple as possible.
All you have to do is follow the steps mentioned below:
- Fill out your booking application form with full attention
- Attach the CNIC Copies of Applicant
- Pay Down Payment via Cheque or Pay order in favour of “Park View City” but confirm process from the management in case of new changes
- Cash Payments are also accepted after confirmation by the management
- Submit all the required documents, Payment, and Get the receipt
Pros & Cons:
Following are the Pros & Cons of the Park View City:
Pros |
Cons |
24/7 water | Perception of high plot rates |
24/7 Electricity | Approval for NOC (No Objection Certificate) is expected to be obtained shortly |
Various Eateries/Cafes/Restaurants | |
Cinema | |
International Hospital | |
Zoo | |
Golf-Estate | |
Educational Avenues | |
Theme Parks/Recreational Areas | |
Grocery/shopping center/Markets | |
Peaceful/ healthy/secure environment | |
Gated community with security gates, surveillance systems, CCTV Cameras & guards | |
Very close to the central locations & other societies | |
The vast and well-planned carpeted main boulevard, roads, streets, lanes & walk-ways for pedestrians | |
Well-planned drainage & waste disposal systems | |
Green, innovative and sustainable housing society | |
Security system | |
Solid waste disposal mechanism |
Frequently Asked Questions (FAQs):
Following are the FAQs about this residential society:
Q1: What is Park View City, and how is it different from other housing societies?
Ans. Park View City is the first housing scheme in Lahore that offers luxurious living at affordable rates. Now, its huge success has garnered attention from all the investors of Lahore. Moreover, a brilliant and professional team of engineers, architects, and other staff with years of experience have put their full efforts into its development with utmost caution.
Q2: Is it an approved and legal housing society?
Ans. Not yet, the Park View City is expected to be approved by the authorities shortly.
Q3: Is it an affordable residential Project?
Ans. Yes, there is no doubt because of the easy Park View City instalment plans. The management has played a crucial role in balancing luxury and affordability.
Q4: Does this society has a potential high yield investment return?
Ans. Yes, especially with its announcement of the inauguration of new features such as ‘Zoo,’ and ‘Golf-Estate’ people from humble backgrounds along with a huge bulk of investors are also investing in this housing society due to the affordability and attraction that these features offer.
Moreover, as previous blocks of Park View City are a success, there is an increased chance of high-yield investment returns in these newly inaugurated blocks and features.
Q5: What is the location of Park View City in Lahore?
Ans. Park View City is located near Thokar Niaz Baig, Lahore.
Q6: Who are the developers of Park View City Lahore?
Ans. Park View City is a project developed by Vision Group.
Conclusion:
Park View City Lahore is a housing scheme developing with just one aim: to provide a world-class luxurious lifestyle to the residents. Luxurious facilities, affordability, and location are the main features of this residential society.
So, Tajarat Properties highly recommends that this is the golden opportunity to invest in this residential society. To know more about such high-end projects such as Lahore Smart City and DHA Multan, contact us.