PA vs Palm City

INTRODUCTION:

Park Avenue Housing Scheme is an LDA-approved project offering both residential and commercial plots on installments as well as on cash. The society is located just 2 minutes’ drive away from LDA Interchange, Ring Road, Lahore.

The society offers both Commercial and Residential plots on easy installments with 20% down payment. Moreover, a Green Park Avenue drive is on-going in the society aiming to cover 25% of the society’s land with trees.

Palm City is located at Ferozepur Road, Lahore. A drive of about 20 minutes from the scheme will take you to the Kalma Chowk which is a hub of commercial activities. Moreover, you can get your way to Allama Iqbal International Airport within a 15 minutes drive. It will take approximately 5 minutes for you to reach Lahore Ring Road from Palm City.

COMPARISON:

If you are looking for plots on installment in Lahore, then you reaching this blog is a sign that you are doing your homework before making any decision. We appreciate your efforts and want to help you make a better decision for investing plots for sale in Lahore or on installments. For this blog, we will be providing you with a comparison between Palm City and Park Avenue Housing Scheme.

Buying 5 Marla plots in Park Avenue or 5 Marla plots in Palm City without research is an act of stupidity and shows that one doesn’t value one’s hard-earned money. Park Avenue Housing Society and Palm City, both are offering residential and commercial plots in the vicinity of Lahore city but differ greatly in amenities being provided as well as plot prices.

Before booking 5 Marla plots on installment in any of these housing schemes, you need to realize that they differ a lot in what they offer and one is definitely a better option for investing in 5 Marla plots in Lahore than the other. In order to provide a better picture, the following is a comparison table for both societies so you can make a better and well-researched investment decision;

*Park Avenue Housing Scheme is LDA Approved and thus will have a Sui Gas connection once 20% of the total number of plot holders begin to reside in the society.

RESIDENTIAL PLOT SIZES:

COMMERCIAL PLOT SIZES:

RESIDENTIAL PAYMENT PLANS:

Park Avenue:

Palm City:

COMMERCIAL PAYMENT PLANS:

Park Avenue:

Palm City:

Commercial plots currently unavailable.

CONCLUSION:
Palm City claims to be completely LDA Approved on a few of its social media posts but there is not even a single mention of an LDA Approval on its website. Moreover, there is no NOC to be seen anywhere. So after a thorough research, we can confirm that Palm City is, indeed, LDA Approved.

However, the society has 800 plus kanal land and only 561 kanal of the society is approved. So, the society is only partially approved and it seems like the newly introduced sector of the scheme are not approved.

If the society has applied for the approval of extensions, its name with the new extension appears in the list along with the status as ‘Under Process’. But nothing of such nature is shown in the screenshot posted above.

On the other hand, Park Avenue is completely LDA Approved and its original scanned NOC is posted all over its social media platforms as well as the society website so that it is easier for potential buyers to access it. (https://parkavenue.pk/lda-approval/)

While 5 Marla plots in Palm City and 5 Marla plots in Park Avenue, both will come with an LDA Approval (Palm City is only partially approved), the payment plans of both societies differ greatly. Moreover, Park Avenue’s developmental pace is a lot faster than Palm City. Therefore, PAHS is a much better choice for a 5 Marla plot buyer.

All in all, Park Avenue’s LDA Approval, better amenities and quicker developmental pace make it much more suitable for getting plots on installments in Lahore than Palm City.