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Park Avenue Housing Scheme Lahore – Plots & Payment Plan

Park Avenue Housing Scheme Lahore – Plots & Payment Plan

Park Avenue Housing Scheme (PAHS) is the new addition to housing societies in Lahore offering direct ownership of plots. Covering an area of 1786 Kanal (223 Acre), the project owners (Musa Builders) own 100% ownership of the land and its layout plan is approved by Lahore Development Authority (LDA). With all modern-day facilities of luxurious life coupled up with prime location, it will provide a living of its own.

Park Avenue Location

With just 2.5 km away from Lahore Ring Road Rasulpur Interchange, Park Avenue Housing Scheme is located near Raiwind Railway Raod near Jia Bagga. From northern side, its boundary wall is adjacent to LDA City and Lake City lies on its western side. With an easy access to Ferozepur Road, the inhabitants can approach airport and other important destinations in a few minutes. Set in amidst lush green and serene surrounding, an ideal living is awaiting you here.

Latest Development Update of Park Avenue Housing Scheme (PAHS) & Revised Plot Prices

Park Avenue Housing Scheme Location

 Park Avenue Scheme Features

Park Avenue has all standard facilities one requires today for a luxury living.

  • 24/7 Power Supply
  • Own Grid Station with Underground Electric Wiring System
  • Wide 150ft. Main Boulevard and Commercial Broadway
  • Carpeted Link Roads Network 100ft, 60ft., and 50ft.
  • 400 Beds Hospital on 10 Acres
  • Provision of Luxurious Apartments
  • School, College and Modern Shopping Arcade with Multiplex Cinema
  • Secured Gated and Walled Community
  • 40 Kanal Central Park
  • 7% Parks at Total Area
  • Graveyard & All Basic Living Amenities

Park Avenue Housing Scheme Map

This housing project is divided in three blocks A, B and C and offers both residential (plots & apartment) and commercial properties.

PAHS Plots – Residential

Park Avenue offers residential plots of 5 Marla, 8 Marla, 10 Marla and 1 Kanal cutting in its three blocks at at 2.5 years easy installment plan.

Commercial Plots & Shops

In the commercial prospects, society offers 5 Marla, 5.5 Marla, 6 Marla and 8 Marla commercial plots on 100ft Road and Main Boulevard. Other than these plots 2 Marla shops in each block are also on-offer on installment.

Park Avenue Lahore Payment Plan

2.5 Year Payment Plan Residential Plots
Sizes 5Marla 8 Marla 10 Marla 1 Kanal
Booking 390,000 570,000 675,000 1,350,000
Allocation
(Till 31-01-2018)
260,000 380,000 450,000 900,000
25 Monthly Installments 35,500 x 25
887,500
55,000 x 25
1,375,000
68,000 x 25
1,700,000
135,000 x 25
3,375,000
4 Half Yearly Installment 140,000 x 4
560,000
185,000 x 4
3,065,000
200,000 x 4
800,000
400,000 x 4
1,600,000
Total Cost of Land 2,100,000 3,065,000 3,625,000 7,225,000

Please note that development and possession charges are not included and customer will have to pay it at the time of possession.

4 Years Payment Plan For Commercial

Description Booking Price 20% 16 Quarterly Installments Total Price
5 Marla 100ft. Road 2,300,000 575,000 11,500,000
5.5 Marla 100ft. Road 2,500,000 625,000 12,500,000
5 Marla MB 3,500,000 875,000 17,500,000
6 Marla MB 6,000,000 1,500,000 30,000,000
8 Marla MB 8,000,000 2,000,000 40,000,000

 

4 Years Payment Plan For Sector Shops

Description Booking Price 20% 16 Quarterly Installments Total Price
2 Marla Sector Shop (C) 1,200,000 300,000 6,000,000
2 Marla Sector Shop (A) 1,300,000 325,000 6,500,000
2 Marla Sector Shop (B) 1,400,000 350,000 7,000,000

10% Extra for the Total Price Corner or facing Park or 100ft. Wide Road
15% Extra for the Total Price Corner + Facing Park or Corner + Roads 100ft. – 150ft.
20% Extra for the Total Price Main Boulevard + Corner + Facing Park

However, it is pertinent mention that commercial plots have not been advertised and marketed yet in the news papers. There can be a slight change in payment schedule for commercial. The development is in full swing in Park Avenue and with no file system, it is home to secure investment.

For more updates regarding housing projects of Lahore, keep visiting Universal Property Network

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