Introduction
Park View City is a modern housing society in Lahore, Pakistan. It was developed by the Vision Group. The project started in 2016. It is located near Lahore-Islamabad Motorway. The society aims to provide luxury living at reasonable prices. It offers various residential and commercial plots. The society has grown popular among investors and home buyers.
Location and Accessibility
Park View City is located in the northeastern part of Lahore. It sits near the Lahore Ring Road and Lahore-Islamabad Motorway (M-2). This prime location gives residents easy access to major parts of the city. The distance from Allama Iqbal International Airport is about 20 kilometers. The society is connected to Thokar Niaz Baig via the Ring Road. The location makes daily commuting convenient for residents.
Major nearby landmarks include:
- Lahore Ring Road (5 minutes)
- Lahore-Islamabad Motorway (10 minutes)
- Allama Iqbal International Airport (25 minutes)
- Lahore City Center (30 minutes)
- DHA Lahore (20 minutes)
Developers and Management
Park View City was developed by the Vision Group. The Chairman of Vision Group is Aleem Khan. He is a well-known business figure in Pakistan. The management team consists of experienced professionals. They have worked on many successful housing projects before. The developers focus on quality infrastructure and timely delivery.
Master Plan and Blocks
The master plan of Park View City covers an area of about 7,000 kanals. The society is divided into several blocks. Each block has its own features and price range. The blocks include:
- Overseas Block
- Executive Block
- Commercial Block
- Tulip Extension Block
- Iris Block
- Rose Block
- Jasmine Block
- Lake View Block
- Golf View Block
Each block has different plot sizes and prices. The society has a well-planned layout with wide roads. The blocks are designed to provide a comfortable living environment.
Plot Sizes and Types
Park View City offers various plot sizes for different needs. The residential plots come in these sizes:
- 5 Marla (125 square yards)
- 7 Marla (175 square yards)
- 10 Marla (250 square yards)
- 12 Marla (300 square yards)
- 1 Kanal (500 square yards)
- 2 Kanal (1000 square yards)
Commercial plots are available in these sizes:
- 4 Marla (100 square yards)
- 8 Marla (200 square yards)
- 1 Kanal (500 square yards)
The society also offers farmhouses in larger sizes. These farmhouses are in special blocks with more privacy.
Prices and Payment Plans
The prices in Park View City vary based on location, size, and type of plot. The society offers flexible payment plans. Buyers can pay in installments over 3-4 years. The initial booking requires a down payment of about 20% of the total price.
Current approximate prices (as of 2024):
- 5 Marla: PKR 5-8 million
- 10 Marla: PKR 12-18 million
- 1 Kanal: PKR 20-30 million
- Commercial plots: PKR 25-50 million
These prices may change based on market conditions. The society occasionally offers promotional rates for new blocks. Investors have seen good returns over the years. The payment plans are designed to be affordable for middle and upper-middle-income groups.
Amenities and Facilities
Park View City offers many modern amenities. These facilities make it a complete living environment. The major amenities include:
Education
- School and college campus
- Library facilities
- Educational institutes
Healthcare
- Modern hospital
- Emergency medical services
- Clinics and pharmacies
Recreation
- Parks and green spaces
- Sports complex
- Jogging tracks
- Community centers
- Golf course
- Swimming pools
- Gym and fitness centers
Commercial Areas
- Shopping malls
- Restaurants and cafes
- Banks
- Supermarkets
- Cinema
Utilities
- Underground electricity
- Water supply system
- Gas connection
- Sewerage system
- Waste management
Security
- Boundary wall around the society
- CCTV surveillance
- 24/7 security guards
- Controlled entry and exit points
Religious Facilities
- Mosques in different blocks
- Prayer halls
Transportation
- Public transport system
- Shuttle service
Infrastructure and Development Status
The development work in Park View City is progressing well. Many blocks are fully developed. Some newer blocks are still under development. The infrastructure includes:
- Wide roads (60 to 100 feet)
- Underground electricity lines
- Water supply network
- Sewerage system
- Street lights
- Footpaths
- Green belts
The older blocks like Overseas Block and Executive Block are fully developed. People have started living there. The newer blocks are in different stages of development. The society follows international standards for infrastructure development.
Housing Options
Besides plots, Park View City also offers built houses and apartments. These include:
- Ready-to-move villas
- Luxury apartments
- Penthouses
- Townhouses
These housing options come with modern designs. They are built with quality materials. The houses have smart home features and energy-efficient systems.
Investment Potential
Park View City has shown good investment returns. The property values have increased since the project launched. Several factors make it a good investment:
- Prime location
- Quality infrastructure
- Approved status from Lahore Development Authority
- Transparent buying process
- Good capital appreciation
- Rental income potential
Investors looking for short-term and long-term gains consider it a viable option. The commercial properties offer particularly good returns.
Legal Status
Park View City is an approved housing society. It has received approval from the Lahore Development Authority (LDA). All legal requirements have been met. The society provides clear titles to buyers. The approval means the society follows all urban planning rules.
Environmental Features
The society puts emphasis on green living. Environmental features include:
- Large green spaces
- Parks in each block
- Tree-lined roads
- Water conservation systems
- Solar street lights
- Lake views
These features create a healthier living environment. The green spaces help reduce pollution. They also provide recreational areas for residents.
Challenges and Concerns
Like any large project, Park View City has faced some challenges:
- Development delays in some blocks
- Price fluctuations
- Accessibility issues during early development phases
- Water table concerns
- Competition from nearby housing societies
The management has addressed many of these concerns. Solutions are being implemented for remaining issues.
Comparison with Other Societies
Park View City competes with other major housing societies in Lahore. These include:
- DHA Lahore
- Bahria Town
- Lake City
- State Life Housing Society
- LDA City
Compared to these societies, Park View City offers competitive prices. Its location and amenities make it stand out. The development quality is comparable to other premium societies.
Future Development Plans
The society has plans for further expansion. Future developments include:
- New residential blocks
- Expanded commercial areas
- Theme parks
- Additional educational institutions
- Technology hub
- Sports complex expansion
These plans aim to enhance the value and livability of the society.
Conclusion
Park View City Lahore offers a modern living environment with quality infrastructure. Its strategic location near major routes makes it accessible. The various block options cater to different budgets. The amenities provide a comfortable lifestyle. The society has shown good investment potential. Development work continues to progress. As with any investment, buyers should do their research before making a decision. Park View City represents the growing trend of planned communities in Pakistan’s urban centers.
