Tag: Executive Block

  • Executive Block Plot Rates and Merging Limits

    How have the plot rates and merging policies changed in Lakeshore City’s Executive Block?

    The Executive Block has just updated its pricing and merging limits for both residential and commercial plots. Real estate market participants often observe fluctuations in opportunities, and shifts in project policies underscore the importance of making timely decisions. Previously, potential buyers were informed that entry pricing and generous merging provisions would eventually be restructured as development progressed. Those expectations have now materialized with official revisions across both residential and commercial categories.

    Investors holding file units from housing schemes anywhere in Pakistan have utilized the option to merge their files into this NOC-approved project. Under the ongoing arrangement, plots can still be secured without requiring any initial down payment or upfront booking fee, allowing buyers to convert existing files into on-ground assets through a structured payment plan.

    For residential plots, price adjustments have been applied uniformly across several denominations, accompanied by proportionate modifications to monthly installments and merging limits.

    5‑marla residential: The total cost rose from 18 lakh PKR to 21 lakh PKR (a three‑lakh increase). The allowed merging ceiling was lowered from 3 lakh PKR to 2 lakh PKR. Buyers now pay a monthly installment of 30,000 PKR over sixty months, up from the earlier ahahahahahah? Actually earlier 25,000 PKR. Let’s correct: up from the earlier 25,000 PKR. Balloting charges due at the eighteenth month are set at 100,000 PKR, followed by a final payment of 200,000 PKR.

    7‑marla residential: The total rate moved from 25.20 lakh PKR to 28.20 lakh PKR (again a three‑lakh rise). The merging allowance was reduced from 4.20 lakh PKR to 2.80 lakh PKR. Monthly installments are now 40,000 PKR for sixty months. Balloting charges amount to 140,000 PKR and the final payment is 280,000 PKR.

    10‑marla residential: The valuation increased from 32.40 lakh PKR to 35.40 lakh PKR. The merging threshold fell from 5.40 lakh PKR to 3.60 lakh PKR. The sixty‑month payment plan requires 50,000 PKR per month (up from 45,000 PKR). Scheduled ancillary payments include balloting charges of 180,000 PKR and a final payment of 360,000 PKR.

    1‑kanal residential: The total cost rose from 54 lakh PKR to 57 lakh PKR. The allowable merging limit was adjusted down from 9 lakh PKR to 6 lakh PKR. Monthly installments for the sixty‑month framework are now 80,000 PKR (revised from 75,000 PKR). Balloting fees are 300,000 PKR, with a final payment of 600,000 PKR.

    Commercial real estate options within the Executive Commercial Block have likewise experienced significant upward revisions alongside tightened merging parameters.

    4‑marla commercial: The plot’s valuation jumped from an initial 81 lakh PKR to a revised total cost of 1.02 crore PKR. The file‑merging ceiling was adjusted from 21 lakh PKR to 14 lakh PKR. The sixty‑month installment plan now requires 1.35 lakh PKR per month.

    6‑marla commercial: The total rate increased from 1.20 crore PKR to 1.50 crore PKR. The corresponding merging allowance was decreased from 30 lakh PKR to 20 lakh PKR.

    8‑marla commercial: The former price of 1.62 crore PKR has shifted to 2.04 crore PKR. Its previous merging allowance of 42 lakh PKR has been revised to 28 lakh PKR.

    On‑site progress continues alongside these administrative price revisions. Infrastructure works encompass primary access roads, designated entrance gates such as Gate 1 and Gate 3, and recreational areas like Lake Park situated near Khanpur Dam. Planned amenities and park features highlighted within the zone include an amphitheater, water pond, rockery, open lawns, and capsule house structures.

    Prospective investors and file holders should note that market pricing and merging terms are subject to further periodic review. Projections indicate that subsequent price revisions could be implemented within the next five to six months. With no down‑payment requirements for securing plots via eligible files from housing societies across Pakistan, the Executive Block remains accessible for those seeking to transition into an NOC-approved development before future adjustments take place.

    Contact information Name: Choudry Mujahid Yasin ( CMY ) Phone: +923224929992 Whatsapp Available