The real estate sector of Pakistan is witnessing growth, mainly due to the development of several housing societies in the country. The growth comes after a slump has brought immense opportunities for investors. There are many housing projects in Pakistan which are attracting buyers. Some of the famous housing societies having been discussed here.
Bahria Town:
Bahria Town is the most famous housing society in Pakistan. Bahria Town housing societies are present in several cities in Pakistan, such as Islamabad, Karachi, Rawalpindi, and Lahore. Bahria Town is a gated housing community with the architecture of the houses conforming to modern standards. The houses are equipped with all the modern facilities. Uninterrupted supply of electricity and gas also contributes to the lavish lifestyle of the inhabitants of this housing society. Amenities such as schools, hospitals, mosques, community centers, sports facilities, and parks are all present in Bahria Town housing societies. The security of the inhabitants is assured by the advanced security systems installed in society.
The plots are wide and are available in a plethora of sizes in Bahria Town.
Lake City Lahore:
Lake City Lahore is a housing society spread over an area of more than 2400 acres. The gated community is located in a serene location away from the hustle-bustle of Lahore city but is not far away from the local amenities such as schools, hospitals, shops, etc. Luxurious villas are present in the housing society equipped with all the modern facilities. Residential and commercial plots are also present in society.
Royal Residencies:
Royal residencies is a housing society located in Lahore, which is known for its VIP style comforts. Houses and plots of various sizes are available in the housing society. There are a number of high-grade amenities in the society, including a mini-golf course, royal marquee, polo club, parks, and a large mosque.
Defence Housing Authority:
Defence Housing Authority is a housing society owned by the Pakistan Army. DHA housing societies are present in many cities in Pakistan, such as Islamabad, Lahore, Multan, Karachi, Gujranwala, and Hyderabad. All kinds of high-end facilities are provided to the inhabitants of the society. DHA housing societies were initially open only for serving and retired army personnel. But now the common people can also purchase houses and plots in DHA societies.
Gulberg Islamabad:
Gulberg is a housing society project owned by Intelligence Bureau Employees Cooperative Housing Society (IBECHS). The housing society is situated between Islamabad and Rawalpindi but is near Islamabad with all its public amenities. Shopping malls are coming up in the social and educational facilities would also be made available to the residents.
Askari Housing Scheme:
Askari Housing Scheme covers Karachi, Lahore, and Rawalpindi. The Pakistan Army runs askari housing societies. Initially, the housing project was only for retired army officers, but now civilians are also allowed. The society offers not only houses and plots but also apartments of various sizes. There are many amenities in the society, including schools, jogging tracks, parks, shopping centers, and sports centers.
Ali Riaz Malik is the chief executive officer of the famous Bahria Town. Ahmed Ali RiazĀ is the most successful entrepreneur and CEO of famous construction company Bahria Town in Pakistan.