DHA Lahore Phase 5 M-Extension: Lower Portion Tour | Rates & Development (Update as of 12th Nov, 2024)
DHA Lahore Phase 5, especially the M-Block Extension, has become one of the most sought-after areas for property investment and residential development. With a well-planned layout and proximity to key amenities, the M-Extension area offers both residential and commercial plots. This article provides an in-depth look at the M-Block, including plot sizes, current prices, development status, and investment potential.
Residential Plot Sizes and Prices
In DHA Phase 5 M-Block Extension, you have options for residential plots in various sizes, catering to a range of needs and budgets:
- 5 Marla: Ideal for small families or investors, these plots are relatively limited and offer a great opportunity with a price range of PKR 12.5 million to PKR 13.5 million, depending on location.
- 10 Marla: The most popular choice for mid-sized families, 10-marla plots here range between PKR 15.5 million to PKR 17.5 million, with premium plots (e.g., corner or park-facing) commanding slightly higher prices, up to PKR 18.5 million.
- 1 Kanal and 2 Kanal: These plots provide ample space for larger residences. Current market rates for 1 Kanal plots start at PKR 55 million, while 2 Kanal options start from PKR 60 million, making them a luxurious choice for high-end home builders.
Commercial Plot Opportunities
M-Block Extension also has commercial investment options for those seeking profitable ventures:
- 4 Marla Commercial Plots: Prices for these plots start around PKR 22.5 million and can reach PKR 25.5 million. These plots are ideal for small businesses or retail shops.
- 8 Marla Commercial Plots: Located on main roads or near entry gates, these plots are priced between PKR 55 million and PKR 65 million. The pricing varies based on their proximity to key access points, offering great potential for higher footfall and customer engagement.
Development Updates and Infrastructure
DHA has made significant progress in the M-Extension area. Infrastructure development is nearly complete, making it highly promising for future residents and investors. Key development features include:
- Utilities Installed: Electricity poles, water tanks, and sewage systems are fully installed.
- Road Network: The road construction is almost done, with only minor patches awaiting final touches. The main roads are expected to connect with Phase 9 and the nearby State Life housing area, providing seamless access.
- Amenities Nearby: M-Block Extension’s location provides proximity to top schools like ISB School and Beaconhouse, and essential shopping areas, making it convenient for residents.
Key Investment Points
- Gated Community: The M-Extension in DHA Lahore Phase 5 is a secure, gated community with its dedicated entrance and boundary walls.
- Location Advantage: Situated just a few minutes from Ring Road, M-Extension offers easy access to Lahore’s main areas. This short commute to significant locations enhances property values and rental potential.
- Expected Possession Timeline: With most development work nearing completion, possession is expected within the next few months. This increases the plot’s appeal for immediate construction and quick returns on investment.
- High Rental Demand: With excellent accessibility and community facilities, M-Extension has the potential for high rental yields, especially for commercial and residential properties.
Conclusion
DHA Lahore Phase 5 M-Extension is emerging as a prime location for investment and residential building. With a variety of residential and commercial plots, competitive prices, and extensive development, this area is expected to attract significant interest. For more details on buying or selling in DHA Lahore Phase 5, feel free to contact the local real estate experts and stay updated on market trends by following our platform.