Model Town Lahore: All Time Favorite of Traditional Elites

Lahore is the largest city of province Punjab and it is considered as the most important city for the Pakistanis in cultural heritage. The city is considered as the religious core of the country. It has grasped its significance because it was a part of Mughal throne in the past. Afterwards, the city went through different development stages, which have changed the entire outlook of this historic city. The hand made balcony designs and large windy verandas were merged into the new home designs in the Model town Lahore. In this residential society the traditional touch can be very prominently seen by the observers. The society was constructed before the partition of the sub-continent, due to which we are able to see marvelous properties, constructed on Indian, British, Mughal or mixed designs.  

Model Town Lahore is one of the suburbs of Lahore and it is situated near Faisal Town and Township Lahore. The society was established in 1932 and it was the completion of Dewan Khem Chand’s lifelong dream to see the establishment of a “Garden Town”. After the partition of the subcontinent, the administration of model town Lahore was transferred under the supervision of Mr. Riaz-ud-Din Ahmad, agent to the custodian for Model Town Lahore. The society change different hands and was modified by all and now it has been transformed into its current look.

The society contains wide roads and a green environment to live which provides a healthy hygienic atmosphere to live. The front of the society touches the main Ferozepur road which connects the society with the whole city.  The society contains large markets like Bank Square in D-block, C-block market and link road which is in access to every one living in this society. There is a common park named as Model Town Park which is the favorite place for the families as a picnic spot and it contains a 2.5 kilometers jogging track. The society carries every necessity of life and it is still the most favorite place to live for the traditional elites of the city. More Detail Visit Lahore Real Estate .

DHA Lahore Has Everything That a Resident Dreams.

Lahore is the second largest city of Pakistan and a metropolitan because the people from across the country come to the city for business, study and to find a good job for their better future. The city has enough space to accommodate this large inflow of expats because it has a cluster of the best residential societies of Pakistan and DHA Lahore is one of the most prominent names of residential development. DHA Lahore is a valuable addition in the Pakistan property market and is one of the favorite choices of the residents. The expats preference is towards its property for rent, due to which the tendency of DHA Lahore Rent has increased gigantically.   

DHA Lahore believes in providing the best accommodation facilities to its residents and it has succeeded. It is providing unique homes and apartments for rent to the Lahorites as well as expatriates. These homes and apartments are well reliable and designed according to the newest market trends. The interior of these properties are much appealing like their exterior which attracts the tenants to buy these homes and apartments for rent. The facilities like efficient water and gas supply are available and the security system is up to the mark, so that you can sleep well. The green belts all around DHA depict that the Go Green concept has been followed while constructing this marvelous residential society.

The nearby markets have a collection of superstores, meat shops and grocery shops etc. from where you can buy anything for your daily need at a fair price. The society contains the top most schools of Pakistan and LUMS (Lahore University of Management Sciences) is also in DHA Lahore, which means that the future of our kids is brighter while studying in these educational institutions. The parks, tennis courts and cricket grounds are for the youngsters and for the senior citizens to provide them a healthy life. Hence, DHA Lahore has everything that a resident can dream about living in a society.

Three Steps That Can Help Pakistan Real Estate Make a Roaring Comeback.

Article About Lahore Real Estate.

The year 2013 has started on a positive note for real estate sectors in most part of the world and it is a general perception that 2013 will be decisive for the fate of global realty market. For Pakistan real estates too, the New Year promises great times.

Although 2012 did not remain a challenging year for Pakistan property yet the sector experienced less vigorous activity. One report indicated that property prices in some posh areas such as DHA Lahore, Bahria Town, and Clifton increased in 2012 but property rates in Pakistan otherwise remained stagnant. Pakistan property has already entered in a phase of rapid development but if the government takes following three steps, it can help the sector make a hearty comeback in 2013.

1: Bring Lifestyle Real Estate

Expectations of people regarding living standards in Pakistan have been changed especially in big cities. The growing middle class in the country wants exclusive neighbourhoods that are built in unique architectures and offer the amenities which were once considered luxuries. This makes it essential for property developers to introduce the concept of 'lifestyle real estate' in the country.

There had been a time when property buyers were not much conscious about the facilities available in the neighbourhood. However, affluent buyers now prefer investing in the developments that offers them security, community facilities, transportation, ideal neighbourhood and the best educational facilities in the same locality. The reason behind the increased demand for houses for sale in DHA Lahore and Bahria Town is that these developments have introduced the concept of 'lifestyle real estate' but if government implements this concept on a broader scale, it can drastically increase the demand of Pakistan properties.

2: Overcome Energy Crises

For every property developer in Pakistan, the important concern at the moment is the shortage of energy in the country. Even the posh housing societies planned in cities like Karachi, Lahore and Islamabad fail to get gas and electricity connections due to energy shortage in the country and hence they are left with no other option but to delay their projects. Big property investors in the country are frustrated at this situation because not only they are unable to invest in commercial properties but they can't even enjoy a comfortable lifestyle in the country.

Despite the fact that Pakistan real estate offers competitive returns and quick capital appreciation, many people are inclined to invest in sectors other than real estate due to impeding energy crises and rapidly growing inflation. Government needs to immediately fix power crisis and issue related to it as the management of the country's economy in 2013 is also dependent on it.

3: Attract Foreign Investment

In addition to overcoming energy crises, if the government relaxes the documentation requirements and welcomes the foreigners to invest in its property sector, not only this investment would flourish Pakistan real estate sector but restore the confidence of local investors.

Pakistan real estate already has a lot of potential to show tremendous growth and if the government takes above mentioned steps, the sector can make a roaring comeback in 2013.

Article Source: http://EzineArticles.com/7462393

DHA Property Scandal of Billions with EOBI

DHA is really a renewed organization which provides the shelter especially to the defence persons and public too. The projects by DHA get attraction all around the country. But recently the scandal of billions of rupees lower down the fame of organization though the scandal is launched by the ex-chairman of DHA Zafar Gondal, as he is accused of corruption and fraudulent activities worth billions of rupees.

According to FIA a famous political personality is also involved in this scandal and this personality use Mr. Gondal as a tool to operate all the corruption and malpractice. Mr. Gondal firstly showed the purchase of land which even doesn’t exists at all and also grab the money of poor and retired people. DHA Lahore has promised about 191 people to construct the homes for them as a contract between them for the EOBI Employees Old-Age Benefit Institution. Though the houses are in the last stage of completion but the members of EOBI are never said to be have the possession of said houses.

Posted by Pakistan Real Estate.