Which Investment is Most Ideal? | Soul City Lahore vs. Liberty Lands Lahore vs. Etihad Town phase 2

A new real estate society is launching in every few days in the real estate market which is good for investment point of view as investors get multiple options for investment, but for the previous real estate societies, launch of a new real estate society is very challenging as it is a competition for them.

Soul City Lahore

With the launch of Soul City Lahore, on Jia Baggah Road Lahore, the real estate market of Liberty Lands and Etihad Town Phase 2 has started suffering now. As the economic cycle is seeing depression right now, new investors are not entering the investment market. With the launch of this new society, the previous investors or the investors which are currently in the market are now divided between these societies.

New investors are quite confused whether they should invest right now or in which society should they invest if they are planning to invest in real estate market. To ease this confusion, we are going to discuss different factors of the top three discussed societies right now which are Soul City Lahore, Liberty Lands, and Etihad Town Lahore. We will also compare these three real estate societies to answer the query of the investors; Soul city vs. Liberty Land vs. Etihad Town phase 2.

Soul city vs. Liberty Land vs. Etihad Town phase 2

Location:

Soul City Lahore is located on Jia Baggah Road. Soul City Lahore has a very ideal location as it is located only 2 km away from Lahore Ring Road. Due to this proximity, access to and from the whole city is very easy.

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Liberty Lands is located on Jia Bagha Road which is also known as Sue Asal Road Lahore. This society can be approached from 3 different ways. Liberty Lands can be easily accessed through Halloki Interchange on Lahore Ring Road which is 4 km away, second approach is from Khayaban-e-Amin, and the third approach is from Main Raiwind Road.

Etihad Town Lahore Phase 2 is located near the ideal location on Jia Baggah road near Adda Plot Lahore. LDA City Lahore is located on the backside of Etihad Town Phase 2.

In terms of location, the most ideal location has been captured by Soul City Lahore as it is near to the Lahore Ring Road.

Layout Plan

Soul City Lahore is spanning on the area of 6000 Kanal. This society is offering residential plots of different sizes that increases the choices for investors.

Properties Available:

There are 1578 residential plots and 461 commercial plots in Soul City Lahore. The residential plot sizes of Soul City Lahore are

  • 5 Marla (25 ft. x 45 ft.)
  • 10 Marla (35 ft. x 65 ft.)
  • 1 Kanal

The size of residential plots available in Liberty Lands are only of 5 Marla. Different sized commercial plots are also available here. The sizes of commercial plots available in Liberty Lands are only of 2.66 Marla and 5.33 Marla.

Etihad Town Lahore Phase 2 is going to be developed on a vast area of 3000 Kanal. Plots of both residential cutting and commercial cutting were given here. Two residential plots sizes were

  • 3 Marla
  • 5 Marla

While the two commercial plots include

  • 4 Marla
  • 5 Marla

If we compare the layout, the layout of Etihad Town Lahore and Soul City Lahore is offering many choices in the form of different residential plot sizes. Liberty Lands only restrict to 5 Marla plot size only.

LDA approval:

LDA approval of real estate societies always leads to a better appreciation of rates of real estate properties as it is approved by authorities. LDA approval also means that all the concerned authorities have checked and passed the approval and they will not have any legal problems in the future. This shows us which society we should trust more for investment.

  • Soul City Lahore has LDA Approval of 1817 Kanal
  • Etihad Town has LDA approval of almost 1900 Kanal
  • Liberty Lands has LDA approval of only 373.55 Kanal

LDA approval is granted on a first come first serve basis after the complete checkup of whether the society is up to the mark of LDA laws. Soul City Lahore has cleared its first step in LDA Approval in less time as compared to Etihad Town and Liberty Lands. It is a great wake-up call for both of these societies.

Payment Plan:

The payment plan for all the societies are very affordable and reasonable. But as Liberty Lands and Etihad Town Phase 2 were launched almost a year ago, the prices inflated too. But Soul City Lahore is offering its properties without own prices right now, so the investors should try to invest in Soul City Lahore.

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The payment plan for Soul City Lahore features down payment, 10 quarterly installments, 10% ballot payment and 10% possession. The detailed payment plan is as follows.

Soul City Lahore Payment Plan- Residential
Size Total (PKR) Down payment (PKR) 10 quarterly installments

(PKR)

10% ballot (PKR) 10% possession (PKR)
5 Marla 3,694,000 646,625 230,938 369,500 369,500
10 Marla 6,995,000 1,049,250 454,675 699,500 699,500
1 Kanal 12,495,000 1,874,250 812,175 1,249,500 1,249,500

Development work:

Soul City Lahore has promised to deliver the project within 6 months to one-year time frame. The development work has been speeding up to complete this goal. But Liberty Lands and Etihad Town Lahore is still lagging in developmental work for their respective society.

The comparison of Soul City Lahore to these two real estate societies should be considered a constructive comparison and they should compete by developing their societies as soon as possible.

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Liberty Lands and Etihad Town have promised to deliver their respective projects in a year and a half but they still have not fulfilled their promise after a year. They have almost six months left to fulfil their promise if they want to survive this competition.

Map:

Soul City Lahore has promised to reveal its map before the balloting. This promise made by Soul City Lahore will be having a great negative impact on the market of Liberty Lands Lahore and Etihad Town Lahore if they fulfil it as promised.

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The developers of these two societies also need to reveal their map so that the investors trust them more and don’t pull out their investments, especially Union Developers need to speed up the word to maintain their previous well-reputed image with investors. Their changing policies also need to change so that the investors do not get confused.

Changing Market:

The investors who have invested in Liberty Lands Lahore and Etihad Town Lahore are feeling stuck in there. They are waiting for the right time to dispose of their investment at a profit and invest in some other society where the returns are promising.

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In this case, when Soul City Lahore is launched with greater investment prospects and a better current situation, Investors can flow from Liberty Lands Lahore and Etihad Town Lahore to Soul City Lahore as no one wants to keep their investment where they have to bear losses.

Conclusion:

In the current scenario, Soul City Lahore is winning the competition against Liberty Lands Lahore and Etihad Town Lahore.

Policies:

Soul City Lahore are operating a perfectly stable timeline and have better policies. In contrast, this is high time that the management of Liberty Lands Lahore and Etihad Town Lahore should do something about their lagging projects as new competition has arrived in the real estate market.

Location:

The location for Soul City Lahore is better and is easily accessible.

Multiple investment options:

Soul City Lahore is offering multiple investment options for the investors as compared to the other two societies. It is offering different sizes of residential plots.

Liberty Lands is offering only one size and Etihad Town Phase 2 is offering two different sizes but the choices are less than Soul City Lahore.

Development:

Soul City Lahore is being developed at a great pace. The management of both Liberty Lands Lahore and Etihad Town Lahore should increase their development pace, get their respective societies’ approval from the concerned authorities and revise their policies too to make them investors friendly.

So the ideal investment is in Soul City Lahore right now.

You can contact Pakistan Property Services to book any property in Soul City 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 on +92 321 111 2508 or can 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.

Projects We Deal in:

Many residential and commercial societies in Pakistan are evaluated carefully to help our clients make the better decision. Pakistan Property Services helps the clients invest in projects with good prospects that depend upon the parent company, developers, location, payment plan, amenities they can have in the desired project.

Lahore:

Lahore is the cultural and economic hub as well as the provincial capital of Punjab. The city is well known for its huge economic opportunities in different sectors. People come from different areas to grab these opportunities and have a residence here. Below the list of some of the top Projects in Lahore:

Karachi:

Bahria Town Karachi is a benchmark within the landscape of Karachi with its world-class excellent-planned society. This society is sketched with an area concept to supply outstanding lifestyle facilities to its residents and can introduce new benchmarks of community development in Karachi. Below the list of some of the top Projects in Karachi:

Islamabad:

Islamabad is nestled against the backdrop of the Margalla Hills. It is a modern, planned city with wide tree lined streets, large houses, elegant public buildings and well-organized bazaars. It is however; always under construction to improve transportation or develop new housing areas for its growing population. The walkways are shaded, safe, and separated from the traffic by rows of flame trees, jacaranda and hibiscus. Roses, jasmine and bougainvillea fill the parks, and scenic viewpoints show the city to its advantage. Below the list of some of the top Projects in Islamabad:

Rawalpindi:

Rawalpindi is an important administrative, commercial, and industrial centre. Its industries include locomotive works, gasworks, an oil refinery, sawmills, an iron foundry, a brewery, and cotton, hosiery, and textile mills; it also produces shoes, leather goods, pottery, newsprint, and tents. Below the list of some of the top Projects in Rawalpindi:

Faisalabad:

Faisalabad, formerly known as Lyallpur named after the founder of the city is the third-most-populous city in Pakistan after Karachi and Lahore respectively, and the second-largest in the eastern province of Punjab. Below the list of some of the top Projects in Faisalabad:

Gujranwala:

Gujranwala is a city and capital of Gujranwala Division located in Punjab, Pakistan. It is also known as “City of Wrestlers” and is quite famous for its food. The city is Pakistan’s 5th most-populous metropolitan area, as well as 5th most populous city proper. Below the list of some of the top Projects in Gujranwala:

Multan:

Multan is city of Saints, it is best place to live if you belong to either middle class family, rich family or a poor family. The city is now develop city of Pakistan you can get every life facility here easily at low cast. Multan’s foods are very delicious especially mangoes of Multan are world famous. Below the list of some of the top Projects in Multan:

Bahawalpur:

Bahawalpur lies in the heart of South Punjab and is filled with stories that surround the legacies of Kings, Nawabs and their extravagant lifestyles. Below the list of some of the top Projects in Bahawalpur:

Peshawar:

Peshawar is the capital of the Khyber Pakhtunkhwa province of Pakistan. It is the biggest city of Khyber Pakhtunkhwa and is a relatively prosperous city. It is also a cultural and economic hub of Khyber Pakhtunkhwa. The city is famous for its food and tourism as it is one of the oldest cities of Pakistan with a recorded history that dates back to 539 BC. Below the list of some of the top Projects in Peshawar:

Gwadar:

Gwadar, town and seaport, southwestern Balochistan province, southwestern Pakistan. Located on the sandy Nuh headland that juts southward into the Arabian Sea, the town is an important fishing (sardines and sharks) and trade centre. Below the list of some of the top Projects in Gwadar:

Suggestions:

We can see that the Pakistan Real Estate Forecast 2021 suggests investing more in this market as it promises a huge profit in the coming future. The investors should purchase the properties at a low rate so that they can earn more by selling it once the rates are good enough.

Related Cool Links:

Maps of Societies and Projects in Pakistan:

Maps are the only source to view online high resolution 24 hours updated maps of Housing Societies, Schemes, Towns, Villas and Homes in all over Pakistan. Below the list of maps of some of the top Projects in Pakistan:

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