Lahore Ring Road is a wholesome connectivity of the whole Lahore city. Lahore Ring Road Southern Loop 3 (SL3) is the part of Lahore Ring Road Southern Loop. Lahore Ring Road Southern Loop 1 and 2 are already constructed. SL-3 will be its extension. It will start from Raiwind Road Lahore and end at Multan Road. It will pass through Bahria Town Lahore, NFC-II and ends at Interchange to be constructed on Multan Road. All these residential societies will be easily accessible after Lahore Ring Road Southern Loop 3 is developed completely.
A part of this Ring Road Lahore known as SL3 is passing through Bahria Town Lahore Sector E and Sector F. It has a downfall too as some of the already built roads will be demolished. But overall, the availability and construction of roads has always been a positive and profitable point for real estate. Same thing happened when Shahkam Chowk flyover was constructed and now is open for traffic. The accessibility increased through Shahkam Chowk flyover and residents of Bahria Town Lahore get to access their homes easily.
Lahore Ring Road Southern Loop 3 or SL3 will help reduce the traffic overload in the city and ease the travelers to reach their destination is very short time. this project is beneficial for both environment and economy of the country. It will bring more improvement in the infrastructure in the surrounding areas. Commercial activity will increase more in this area as more traffic will be passing from these areas. The people living in the surroundings can gain a lot too as they can have easy access to different daily life amenities. Overall, economy of the country will also benefit from the country.
Now, as SL3 is passing through Bahria Town Lahore, after passing through Multan Road. Multan Road Interchange will be the biggest interchange of Lahore Ring Road. In this blog we will discuss the areas of Bahria Town Lahore through where ring Road will pass and its effects?
Flyovers and underpass in Bahria Town Lahore Ring Road SL3:
Bahria Town Lahore Ring Road SL3 will be passing through Bahria Town Lahore’s different areas. From some areas it will be passing on ground like a normal road and some areas will be having flyovers and underpasses so that the already constructed areas are not disturbed.
A flyover is proposed over the Jinnah Avenue of Commercial Hub of Bahria Town Lahore Sector C. The current Jinnah Avenue will be operational like it is currently. Another one if proposed in Hussain Block near Hudiara Drain. The next comes a tunnel near GVR and then SL3 connects with the Adda Plot.
Lahore Ring Road Southern Loop 3’s (SL-3) impact on Bahria Town Lahore:
Just like any other society gains from the construction of a road nearby, Bahria Town Lahore will also be impacted by the SL-3. The impact will be positive and it is expected when the SL-3 will be operational, prices of Bahria’s properties will see a huge appreciation as connectivity and access will be easier than before. It has happened multiple of times. The recent example near Bahria Town Lahore is the development of Shahkam Chowk Flyover. As the access was made easier for both residents and passer-by people, the properties of Bahria Town Lahore appreciated by PKR 25-30 Lac.
Accessibility of different areas:
Some of the areas which will be directly affected with SL3 are Golf Residencia (Phase 1 and Phase 2), Hussain Block, Tulip Extension block, Janiper block, Iqbal Block, and Rafi Block. These blocks can gain better access through SL3. The rates of properties here will also increase due to better accessibility.
Blocks like Shershah block and Nishtar Block can access through Jinnah Avenue passing through Sector C. Ghaznavi block and Sikandar Block will have accessibility through Canal Road.
Increasing demand in GVR and other phases:
As this phase is near the Lahore Ring Road SL3, the demand here is increasing after a long time. Recently, 5 Marla Commercials were introduced here. The commercials on the service road of GVR Phase 2 will be having an increase in traffic as the Bahria’s traffic will either access SL3 from Adda Plot or from Multan road. These commercials will feature branded outlets and the overall value of the property will increase here. Apart from the commercials, it can also offer residential apartments too. GVR Phase 1 also have commercials in the same way as GVR Phase 2 discussed above.
Some of these areas are also affected negatively and the affected investors are accommodated. Investors who have their properties especially residential ones near SL3, they can easily move to different parts of the city. After SL3, SL4 will be developed. SL4 will give the residents of Bahria Town Lahore greater access to Allama Iqbal Airport as well as Motorway.
Negative effect on Talha Block and Overseas B Extension:
The accessibility of Talha Block and Overseas B Block will be negatively affected. The 80 ft. 50 ft. road connectivity has been disrupted and people who want to access these blocks will have to go to underpass of NFC or Iqbal Block (near Talha Block).
Investment in Sector F Bahria Town Lahore:
The real estate market was very slow due to political and economic conditions of the country. Investors were not investing but now as the SL3 is being developed with great speed, the market also has shown better rates. The investment in Sector F has always been suggested as many of its blocks still do not have huge population and rates are also affordable.
The current minimum rates of Sector F are given below.
Size | Min Price |
5 Marla | 55 Lac |
10 Marla | 95 Lac |
1 Kanal | 1 Crore 60 Lac |
5 Marla Commercial | 2.5 Crore |
Investment in Sector F is very profitable due to SL3. It is being expected that per marla price here will increase to PKR 20 Lac. 5 Marla will be available for minimum PKR 1 crore and 10 Marla will be available for minimum PKR 2 crore. Investors can gain a lot of rofit by investing in areas near to SL3, in the mentioned areas of Bahria Town Lahore.
You can contact Pakistan Property Services to book any property in Bahria Town Lahore. We provide better consultations for your real estate matters as the authorized dealers of Bahria Town and Etihad Town projects. For further information, you can call +92 321 111 2508 or visit our YouTube channel Pakistan Property Services, where we regularly update you to learn about the new trends in the real estate market of Pakistan.
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