Tag: Faisal Town

  • Faisal Town Phase 1 & 2: Plot Prices and Market Trends

    Field Report: Faisal Town Property Market — Phase 1 & Phase 2

    This report tracks the property market of Faisal Town, reviewing how Phase 1 matured over time and where Phase 2 currently stands.

    Observations from Phase 1

    Roughly ten years ago, the land that now forms Faisal Town Phase 1 was open ground. Today it is an active, fully populated community marked by modern architecture, prominent commercial hubs, and multistory high-rise structures right at its entrance.

    The sector now functions as an established residential and commercial centre. Infrastructure is fully developed, neighborhoods are active, community mosques are in place, and commercial areas such as the Allah Wala Junction and the commercial centres near major transit routes, including the M-1 Motorway, remain busy.

    Price findings — Phase 1

    On-ground residential plot values in Phase 1 set a high benchmark:

    5 Marla possession plots generally trade within the bracket of 1.25 crore to 1.50 crore PKR.

    1 Kanal residential plots command between 4.50 crore and 5.00 crore PKR.

    The area is fully possessionable and established, and it consistently delivers value additions that support these elevated valuations.

    Earlier records show a different picture. In previous years, initial booking files for 5 Marla plots changed hands around 30 to 35 lakh PKR. Over time, those files were delivered on the ground and transitioned into possession plots now valued in crores. The shift underscores the high returns realized by early participants as development milestones were achieved.

    Current buyer position

    Acquiring an on-ground 5 Marla plot in Phase 1 now requires substantial upfront capital, typically around 1.50 crore PKR in liquid funds.

    For buyers and investors who find this financial threshold restrictive, or who are primarily seeking long-term capital growth rather than immediate home construction, Faisal Town Phase 2 presents an alternative investment route.

    Observations from Phase 2

    Entry points in Phase 2 remain accessible compared with the developed Phase 1 sector. Currently, 5 Marla files in Phase 2 are traded in the estimated range of 25 to 28 lakh PKR.

    Given the historical trajectory established by the initial phase, Phase 2 offers prospective investors an avenue to position capital in early-stage files, with expectations of substantial future appreciation as development advances over time.

    Contact information
    Name: Choudry Mujahid Yasin ( CMY )
    Phone: +923224929992 Whatsapp Available