By Awais Bhatti
Formerly known as ‘Lyallpur’, the city of Faisalabad is among the most important metropolitans of Pakistan. Faisalabad is an industrial hub of the country where most of the business is taking place in the textile sector and is also known for its vast agriculture base.
Thus, it can be said that the city is a blend of two major economic sectors and a major stakeholder in Pakistan’s economy. In 2016, the GDP contribution of the city stood at $18bn.
Graana.com for the convenience of buyers Faisalabad brings the top 5 locations where a residential plot of 5 Marla, 10 Marla, and 1 Kanal can be bought. These top 5 locations are as follows:
Developed by WAPDA Employees Cooperative Housing Society, the locality provides all the amenities which are a requisite for a high standard of living. The city is situated along Canal Road, covering an area of 650 acres.
Moreover, the society is equipped with all basic infrastructure ranging from carpeted roads, filtration plants, electric supply, and sewerage system which are essential for providing a good living.
The price of the 5 Marla plot ranges between Rs. 50Lacs – Rs. 60 Lacs.
The price of the 10 Marla plot ranges between Rs. 80 Lacs – Rs 1.2 Crore.
The price of a 1 Kanal plot ranges between Rs. 1.8 Crore – Rs. 2.20 Crore.
People’s Colony is inhabited by people from different walks of life and is adjacent to the Faisalabad Railway Station and Hockey Stadium.
Furthermore, the society is also connected with the major arteries of Faisalabad like Jaranwala Road, Habib Jalib Road, and Khawaja Islam Road. The housing society incorporates all the basic infrastructure facilities and amenities.
The price of a 5 Marla plot ranges between Rs. 95 Lacs – Rs. 1 Crore.
The price of a 10 Marla plot starts from Rs. 2.5 Crore.
The price of a 1 Kanal residential plot in Peoples Colony ranges between Rs. 3.5 Crore – Rs. 4 Crore.
Jinnah Colony is situated adjacent to Gulberg, Faisalabad, and encompasses all the basic amenities including parks, mosques, banks, and educational institutes.
Jinnah Colony has a vibrant commercial area which provides an additional incentive to the people looking to buy a residential property in Faisalabad.
The price of a 5 Marla plot in Jinnah Colony ranges between Rs. 1.25 crore – Rs. 1.40 crore.
The price of a 10 Marla plot ranges between Rs. 2.20 Crore – Rs. 3 Crore.
The price of a 1 Kanal plot in Jinnah Colony ranges between Rs. 3.5 Crore – Rs. 4 Crore.
Model City 1
Model City 1 is situated adjacent to Eden Valley which is closer to Canal Expressway. Model City 1 is in a development phase however, it can serve the interest of people looking to experience a good lifestyle. The society has basic amenities like public parks, mosques, water treatment plants, and grocery stores.
The price of a 5 Marla plot in Model City 1 varies between Rs. 50 Lac – Rs. 60 Lac.
The price of a 10 Marla plot varies between Rs. 95 Lacs – Rs. 1.10 Crore.
Find more plots for sale in Model City 1 Faisalabad.
The last area on the list is Abdullah Garden which is situated along with Canal Expressway Faisalabad. The housing society is approximate to educational and health facilities.
Moreover, the society has recreational facilities like parks, mosques, and basic infrastructure facilities. Abdullah Garden also has an extension that increases the pools of residential plots and provides new opportunities to potential buyers.
The price of a 5 Marla plot in Faisalabad varies between Rs. 65 Lac – Rs. 75 Lac.
The price of a 10 Marla residential plot in Abdullah Garden, Faisalabad ranges between Rs. 1.30 Crore – Rs. 1.5 Crore.
The price of a 1 Kanal plot is in between Rs. 2.5 Crore – Rs. 3 Crore.
Awais Bhatti is a content specialist at Graana.com.