Development of Shahkam Chowk Flyover and It’s Impact on Bahria Town Lahore
Pakistan, real estate sector, is on the boom for the last 6 – 8 months. The overall property market is improving: that’s why the property prices are also increasing in Bahria Town Lahore. Undoubtedly, an increase in stuck property prices has been noticed with these improving market conditions. But 80% of that increase is because of Shahkam Chowk Flyover. This project has been under discussion for a long time now. However, the development work was begun two months ago.
Shahkam Chowk Flyover and Bahria Town Lahore
Bahria Town Lahore is undoubted the most luxurious and attractive development in Lahore. Everyone wants to live and invest in it, but many people hesitate to invest because of the traffic problems on Shahkam Chowk. Yes, traffic was a significant hurdle, especially for the job doing people who had to travel daily.
But now, the solution to all these problems, Shahkam Chowk Flyover, is under development. It’s a mega project that will be ready soon. Its development work is going on smoothly. Only two weeks ago, CM Usman Buzdar Sb officially inaugurated this project. He laid the foundation stone of the signal-free Shahkam Chowk flyover project valuing Rs4.23 billion to ease the movement of 1.25 lakh vehicles daily.
As per Usman Buzdar Sb, it’s a 606-meter-long flyover with three lanes completed in 8 – 10 months.
Now moving towards its impact on Bahria Town Lahore! Well, the completion of this signal-free flyover will undoubtedly impact positively on the prices of properties located nearby. However, just after the beginning of development work, the prices of properties are increasing 20 – 25% in Bahria Town Lahore. For example, the costs of the plots of 10 Marla in Sector F were around 50 lacs, but currently, the same plots are available in 65 lacs.
What Should You Expect?
The prices of properties in Bahria Town Lahore are already increasing. However, we expect an increase of 10 lacs Per Marla in the coming 1 – 2 years. So, yes, 100% gain is confirm as this mega project will undoubtedly impact the properties of Bahria Town Lahore.
Right Time of Investment
The developing Shahkam Chowk Flyover is a green signal for the buyers and investors of Bahria Town Lahore who are planning to invest in it. However, once this project completes, plots, apartments, and houses will double. Even, it will increase 100% that many will find it difficult to afford.
So, this is the right time to invest in Bahria Town Lahore, especially in Sector F, where we suggest buying for residence and investment purposes.
Contact us for further assistance.