Introduction:
Park View City Lahore is an exceptional housing project located on Multan Road, Lahore, designed to provide luxury living with modern amenities. Developed by Vision Group, this community emphasizes green spaces and a serene lifestyle while ensuring residents have access to all contemporary comforts.
Developers & Owners:
Vision Group, led by prominent politician Mr. Aleem Khan, is the driving force behind Park View City. With a strong portfolio of successful projects, including:
- Abdul Aleem Khan Foundation
- Park View City in Islamabad
- Park View Corporate Center on Mall Road, Lahore
- Park View Icon at I.I. Chundrigar Road, Karachi
- Park View Signature Apartments in Gulberg, Lahore
- Park View Villas on Multan Road, Lahore
- The National School
Vision Group is well-regarded for its commitment to quality and excellence in real estate development.
NOC Status:
Park View City, also referred to as the River Edge Housing Scheme, holds the necessary approvals from the Lahore Development Authority (LDA). The Jade, Jasmine, and Sapphire blocks are LDA-approved, while the remaining 17 blocks are pending approval from the Ravi Urban Development Authority (RUDA).
Location:
Strategically located at Thokar Niaz Baig on Multan Road, Park View City is easily accessible from various parts of Lahore. Key access points include:
- 9 minutes from Abdul Sattar Edhi Road
- 10 minutes from the M-2 Motorway
- 12 minutes from Raiwind Road
- 18 minutes from L-20, Lahore Ring Road
- 19 minutes from Defence Road
The location map of Park View City Lahore is straightforward and user-friendly, enhancing its appeal to potential residents.
Master Plan:
Launched in 2012, Park View City spans a vast area and is divided into several blocks, catering to around 4,500 families who enjoy an exceptional lifestyle. The society comprises the following blocks:
- Crystal Block
- Diamond Block
- Executive Block
- Gold Block
- Golf Estate Block
- Jade Block
- Jasmine Block
- Orchard Block
- Overseas Block
- Platinum Block
- Rose Block
- Royal Avenue
- Topaz Block
- Tulip Block
- Tulip Overseas Block
Residential plots are available in various sizes:
- 3.5 Marla
- 5 Marla
- 6 Marla
- 10 Marla
Commercial plots are offered in the following sizes:
- 6 Marla
- 8 Marla
Royal Block: New Deal 2024
The Royal Block, a newly launched area within Park View City Lahore, presents significant growth and investment potential. Located near the Overseas Roundabout and adjacent to the Overseas Block, this area offers seamless connectivity to key community locations.
| Plot Size (Marla) | Plot Value (PKR) | Downpayment 15% (PKR) | Confirmation Payment 10% (PKR) | Installment per Month (30 months) (PKR) | Half Yearly (5 payments) (PKR) |
|---|---|---|---|---|---|
| 5 | 5,500,000 | 825,000 | 550,000 | 100,000 | 225,000 |
| 10 | 10,000,000 | 1,500,000 | 1,000,000 | 175,000 | 450,000 |
| 20 | 25,000,000 | 3,750,000 | 2,500,000 | 362,500 | 1,575,000 |
Features of Royal Block:
| Plot Size (Marla) | Plot Value (PKR) | 25% Booking (PKR) | Installment per Month (PKR) | Half Yearly (5 payments) (PKR) |
|---|---|---|---|---|
| 5 | 5,000,000 | 1,250,000 | 87,500 | 225,000 |
| 10 | 9,500,000 | 2,375,000 | 162,500 | 450,000 |
| 1 Kanal | 22,500,000 | 5,625,000 | 300,000 | 1,575,000 |
- Flexible Payment Plan: The block offers a convenient 30-installment payment plan, with some plots ready for possession within a year.
- Competitive Pricing:
- 5 Marla plots priced at 60 lac
- 10 Marla plots priced at 110 lac
- 1 Kanal plots priced at 270 lac
- Modern Infrastructure: Royal Block features underground electrification and wide roads, enhancing the overall living experience.
- Amenities: Numerous parks and mosques contribute to the community’s vibrant atmosphere, while nearby forested areas offer a peaceful retreat.
Conclusion:
Park View City Lahore represents an outstanding opportunity for luxury living in a well-planned community. With its strategic location, modern amenities, and commitment to a green lifestyle, it stands as a beacon of modern residential living in Lahore. Whether you’re looking for a home or an investment, Park View City Lahore and its new Royal Block are worth considering.