Why Johar Town in Lahore is Worth Your Investment?
Johar Town Lahore is mainly divided into Phases 1 and 2. These two phases are fully developed and have subdivisions called "blocks", which include commercial and residential properties. The area has modern infrastructure and world-class facilities, which guarantee a quality lifestyle for its residents.
However, since buying or moving into a rental property is not a decision that can be taken casually, here is a detailed analysis of Johar Town Lahore, which highlights why property dealers in Lahore recommend it as a good investment opportunity.
Johar Town, a luxury residential area in Lahore, is one of the communities that has managed to preserve its eternal splendor and brilliance. Subsequently, several new high-end residential developments emerged in Lahore, but Johar Town still has its aura. It is a bit far from other elegant Lahore areas like DHA, Gulberg, and Cantt, but nothing can take away the title of the city's most popular and favorite chic neighborhood in Johar Town. The town enjoys a privileged position in the city, as it falls close to the highway. Although several elegant new residential developments, such as the PIA Housing Society, Valencia Town, and WAPDA Town, have emerged around it, it will always be known as one of Lahore's most important and successful residential LDA projects. You will also find an ultramodern mall called Emporium Mall, where you can have many local and international brands in your hands to meet your needs.
Thanks to the best facilities and services offered by Johar Town, it has become an ideal residential location for living. With a stable and steady income and an increase in property value, investors find no reason to refuse to invest here. On the contrary, even tenants have no excuse for not living in a society that offers the best of everything.
Johar Town is an old residential district of Lahore but offers some state-of-the-art buildings and apartments. Johar Town ranks fourth among the residential areas of Lahore for the purchase of apartments with almost 3.9% of searches in total. Johar Town Phase 2 is the most popular area for apartment purchases, with 53.1% of total searches. Johar Town Phase 1 is not far off, with 45.4% of total searches.
If you are looking to buy a property in Johar Town, Lahore, the price of a 5 Marla house in the area varies from 75 lac PKR to 1.8 crores PKR. On the other hand, 10 Marla houses for sale in Johar Town, Lahore, generally cost between 1.8 crore PKR and 3.3 crores PKR. The selling price of one Kanal house in the luxury company ranges from 3 crore PKR to 7 crores PKR.