INTRODUCTION:
Park Avenue Housing Scheme is located opposite Lake City, just a 2 minutes’ drive away from LDA Interchange, Ring Road, Lahore. The housing scheme is LDA Approved and is developing rapidly.
Residential plots of 3, 5, 6, 8, 10 Marla, and 1 Kanal are available on easy installments with 20% down payment. Moreover, a Food Steet is on its way to be launched by the end of this year.
Park View City is located on the main Multan road opposite the sector of DHA EME. It is situated just 3 km away from the Thokar Niaz Baig Flyover and Canal Road. It is only 2 km away from the Lahore-Islamabad motorway.
COMPARISON:
If you are looking for plots on installment in Lahore, you must have discovered there are hundreds of options to choose from. This process can become confsuing and tiring real quick as Lahore is full of housing schemes offering plots for sale or plots on installments. Looking for a Lahore plot on installments is a very time-consuming task which if not done with proper research, can end up with you losing your whole life’s savings. Therefore, a thorough research is must before investing in 5 Marla plots in Lahore. What’s better than a housing scheme comparison blog for your research? Following is a table to give you a better picture of where to invest;
| Park Avenue | Park View City | |
| LDA Approval | ✅ | ⛔ |
| Project by | Musa Builders | Vision Group |
| Location | 2-minute drive from
LDA City interchange Ring Road, Lahore. |
3 km from Thokar Niaz Baig Flyover, Lahore. |
| Commercial Plots | ✅ | ✅ |
| Residential Plots | ✅ | ✅ |
| Sewerage | ✅ | ✅ |
| Electricity | ✅ | ✅ |
| Water Supply | ✅ | ✅ |
| Sui Gas* | ✅ | ⛔ |
| Boundary Wall | ✅ | ✅ |
| Security Staff | ✅ | ✅ |
| Parks | ✅ | ✅ |
| Miyawaki Forest | ✅ | ⛔ |
| 25% Land covered with trees | ✅ | ⛔ |
*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:
| Park Avenue | Park View City |
| 3 Marla | 5 Marla |
| 5 Marla | 10 Marla |
| 6 Marla | |
| 8 Marla | |
| 1o Marla | |
| 1 Kanal |
COMMERCIAL PLOT SIZES:
| Park Avenue | Park View City |
| 2 Marla (Sector Shops) | 5 Marla |
| 2.6 Marla (Sector Shops) | 10 Marla |
| 5 Marla |
RESIDENTIAL PAYMENT PLANS:
Park Avenue:
Park View City:
COMMERCIAL PAYMENT PLANS:
Park Avenue:
Park View City:
CONCLUSION:
Park View City claims to be ‘Soon to be LDA Approved’. However, upon research, we found out it hasn’t even applied for the LDA NOC as housing schemes that have applied for approval show up in the list below. They are displayed with the status “Under Process”. But such is not the case with Park View City;
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/)
Moreover, Park Avenue’s developmental place is quite impressive. All society roads are completed and an overhead water tank is also complete. Additionally, the society is quite big on environmental protection and has launched the Green Park Avenue initiative recently. Almost 70 thousand trees have been planted in the society and the management is determined to cover 25% of the land of PAHS with trees.
All in all, Park Avenue is a much safer investment option for buying 5 Marla plots in comparison with Park View City. Aside from the LDA Approval, which is extremely important, the amenities provided by Park Avenue and Park View City are all the same and Park View City is still a lot more expensive than Park Avenue. Therefore, Park Avenue’s LDA Approval, similar amenities and affordable payment plans make it much more suitable for getting plots on installments in Lahore than Park View City.
