Lahore is almost stretched to its full capacity due to
unplanned expansions. However, the city has to accommodate more and more people
every day as this city offers a better lifestyle, education, job, and
healthcare facilities.
As the population in Lahore is on the rise and more
people are coming into the city daily, the demand for vertical residencies
or Apartments has increased. Like Karachi, the apartment culture is flourishing
in Lahore now and we predict this trend will stay.
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The conventional housing schemes and societies in Lahore
are moving further into the suburbs areas of Lahore which are mostly not very
well developed, while the vertical residencies or Apartments in Lahore are
located at ideal locations offering all the conveniences like banks, schools, universities,
eateries, offices, and retail outlets. So, most of the buyers prefer already-established
settlements to buy a home and enjoy all the amenities. This is the reason
behind the high demand in neighborhoods like Gulberg.
·
Q
Central Grand Mall and Residences
Vertical Residencies or Apartments pay off an annual rental
yield of up to 12% while suburb houses pay off only 6%.
Regarding capital gain, vertical residencies or
Apartments pay off 50% to 60% profit gains in the medium term due to central
location and amenities. While the suburb houses pay off only 20% capital gains
on average when we talk about the medium term.
Investors always keep in mind these stats while investing
in the real estate sector and the profit margin in Vertical residencies surpasses
the figures offered by horizontal housing or mega housing societies.
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WhatsApp contact 0334 7011008
Suburb houses or single-unit houses in Lahore cost so
high and the prices are increasing with every single day passing, contrarily
the Apartments are available in easy installments and at affordable rates.
One can get a 1,2 or 3-bed apartment flat for a lower
price than a house in Lahore, while the Apartments are available in installments
spanning over years of the time period, and by the time you complete the
installments, the prices get escalated sky high offering a handsome sum in
terms of capital gains.