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Golf View Residencia Development and Possession – Latest

Golf View Residencia Development and Possession – Latest

Development in Golf View Residencia Phase-1 has been completed. Located at the far end of Bahria Town Lahore near to Ring Road interchange, Golf View Residencia development is a new beginning after a long delay. Bahria Town management is now focused to make it inhabitable as early as possible and the recent developments in quick succession reflect their dedication. Among other blocks of Bahria Town Lahore, it will be one of the most exclusive projects in that vicinity.

Golf View Residencia Development of Phase 1 Completed

The master plan of GVR had been revised and it was divided into Phase 1 and Phase 2 alongside Lahore Ring Road. In the first stage, Golf View Residencia development has been completed in Phase 1 and it is on ground now. Bahria Town wants to develop it phase wise and now Phase II development will start soon.

Golf View Residencia Possession

The possession for Golf View Residencia Phase 1 plots is ready and will be awarded by the start of 2018. It indicates that in next year, GVR will become a ready-to-live project with facility-rich lifestyle as development of Phase 1 completed in no time.

Lahore Ring Road Southern Loop Impact

The inauguration of Lahore Ring Road Southern Loop will be an added value for Golf View Residencia plots. LRR Southern Loop Interchange at Adda Plot is quite close to GVR and its residents will be able to access main city in a few minutes from here. In this scenario, prices will increase in future for sure.

Future Prospect the of Golf View Residencia

Combining factors like development, possession and Lahore Ring Road impact, Golf View Residecnia will appeal to a number of buyers in future. In days to come, it will be leveling its neighboring blocks in terms of prices and investment potential. Already some of its plots (1 Kanal) located at ideal position, can compete with Nargis Block and Iris Block plot prices.

Updated Plot Prices of Golf View Residencia

Golf View Residencia plot prices of Phase 1 is relatively higher for location and development as compared to Phase 2 plot prices. It has been observed that prices of 1 Kanal plots of GVR Phase 1 have inched up slightly in the recent past.

  • Phase 1
10 Marla Rs. 53 Lacs to 65 Lacs
1 Kanal Rs. 95 Lacs to 1.15 Crore
  • Phase 2
10 Marla Rs. 50 Lacs to 60 Lacs
1 Kanal Rs. 90 Lacs to 1 Crore

For more updates from Bahria Town Lahore and Karachi, stay connected with Universal Property Network (UPN).

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