| Lahore: Zameen.com has recorded a stark rise in the demand for commercial outlets and apartments in Lahore’s premium vertical project. For the ease of our readers, we are sharing quick facts on some of our most popular mixed-use and residential projects. The following projects have left investors from Pakistan and overseas excited over the capital gains prospects and rental yield estimates projected by them:
Read: Buyers looking for fresh spin on apartment lifestyle throng to Zameen Neo
Gulberg City Centre
The 23-storey tall mixed-use complex occupies a sought-after location on Main Boulevard Gulberg. It features hotel suites, serviced apartments, and commercial outlets. The project developer guarantees an annual rental yield of 10% on hotel apartments for 10 years, and offers commercial buyers an exclusive incentive to pay in 4 years while still receiving possession of their outlet in just 2 years.
Zameen Quadrangle
The FBR-registered residential complex is situated opposite Lahore Gymkhana on Main Zafar Ali Road. Here, you can choose between 1-bed, 2-bed, and 3-bed units and exclusive penthouses. this project exudes an understated elegance that’s truly captivating. Buyers here can pay in 30 months and receive possession of their new home in just 15 months. The project’s super-fine location projects capital gains of up to 50% in the medium term.
Madison Square Mall
The timeless charm of Greece architecture at Madison Square Mall makes it one of the most prominent developments on the prestigious Mian Mehmood Ali Kasoori Road in Gulberg. The 25-storey-high project features hotel suites and commercial outlets. The hotel apartments offer an incredible 10-12% guaranteed rental yield along with a complimentary voucher for 30 nights’ stay. For commercial outlets, buyers can pay in 3.5 years and get possession in 1.5 years. This is in addition to the solid prospects of handsome capital gains the commercial outlets and hotel suites are bound to bring along in the due term.
102 by Icon – Residential Towers
The premium vertical project is situated on Raiwind Road and features a limited inventory of 2-and 3-bedroom apartments that come equipped with contemporary amenities. The residential units here are available on a highly-convenient payment plan of 5 years, with possession being offered in just 2.5 years. In addition to that, Zameen.com offers free furnishing and finishing deal on residential units of this project.
Sitara Serene Tower
This impressive project is being developed by veteran Sitara Heights (PVT) LTD in Block D1 of Gulberg 3. The Lahore Development Authority (LDA)-approved and FBR-registered project features hotel apartments and service apartments and guarantees a 12% rental yield on these units. The project also features spacious commercial outlets that come with an 8% guaranteed rental yield. |
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