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The newest symbol of sophistication in Lahore’s ever-so-vast urban sprawl, Defence Raya, Lahore, commonly known as Fairways Commercial, is witnessing a significant surge in demand and prices. Started three years ago, this commercial hub has become a key point of interest for the people of Defence Housing Authority (DHA), but more so for investors.
Rows of cafes, restaurants and clothing brands clustered around water fountains, Fairways commercial is as “DHA” as it gets. Despite a stagnating property market, and a general perception of slowness, this commercial hub has become a centre of attention for its extravagant design and luxurious outlook. With a growing suburban population in the outskirts of DHA-Lahore, the market size is also expected to rise, and so is the price.
The High-end price:
Talking to Profit, a real estate agency representative, specialising and dealing in Defence Raya Commercial properties, highlighted the current market excitement, saying that commercial plazas in Fairways Commercial used to be available in price range from Rs 13 crores to Rs 16 crores, two years ago.
In contrast, he said, the current market prices range from Rs 35 crores to Rs 45 crores. Newer buildings are under construction by DHA which are being priced from Rs 45 crores to Rs 52 crores.
The attraction for investors lies in the high commercial activity within the area, and the prices are expected to grow further due to this seemingly high demand.
A survey by Profit, into the prices of Fairways Commercial supports this claim. For instance, an 8-marla commercial plaza till the filing of this news, was on sale for Rs 56 crores, and another 8-marla property facing the golf course in DHA Raya Phase 6 is demanding Rs 50 crores.
Additionally, a 1-Kanal corner plaza in Defence Raya Fairways Commercial is currently listed for Rs1.45 billion, and an 8-marla building in the same area is on sale for Rs 38 crores. The rates of these properties vary according to their location and size.
The real estate agency representative further said that Raya Commercial stands out in Pakistan’s current commercial property market due to its exceptional growth and investor interest. The area has been bustling with activity over the past one and a half years, sometimes leading to challenges such as parking congestion. However, DHA has addressed this issue by expanding parking facilities around the commercial area.
Defence Raya Apartmental View
“The commercial property dynamics in Defence Raya are influenced by its size and lifestyle that it sells. Its location in a residential neighbourhood evolves investor’s preferences, and sets a new real estate trend in DHA, Lahore. It caters to a diverse investor base since it offers everything, from offices, and restaurants to shops and warehouses,” he said.
He added that the increasing demand for retail spaces, driven by both established and emerging brands, underlines the robust nature of the retail sector in this area. These trends reflect the evolving preferences of buyers and investors, indicating a dynamic and potentially high-yield commercial property market in Raya.
Defence Raya Golf Resort View
ith state-of-the-art housing schemes situated in all major cities across the country, DHA has always enjoyed the status of being one of the most trustworthy and reliable real estate brands in Pakistan – and the stunning Defence Raya Golf Resort in Lahore is the latest addition to its spectacular portfolio.
A one-of-its-kind project located in the upscale housing society of DHA Phase 6, Defence Raya has certainly raised the bar for premium developments in Lahore – a city that generates the highest ROI compared to any other real estate market in Pakistan. The contemporary architecture set against the backdrop of a magnificent golf course paints an incredible picture of a luxurious lifestyle. Those interested in buying a property in Defence Raya have an option to choose between a range of residential and commercial options, all of which are equipped with unparalleled amenities and facilities.
Apartment View
Meanwhile, from the investment point-of-view, Defence Raya offers three main real estate options:
Defence Raya Fairways Commercial Centre ?
Defence Raya Fairways is a seven-storey shopping mall and commercial plaza located in the vicinity of the expansive golf club and beautiful lake. Apart from an impressive design and top-notch facilities, the project features retail outlets and office spaces along with a secure basement parking, custom-built commercial outlets with front parking, a gorgeous rooftop terrace, sheltered pedestrian walkways, and al-fresco dining options, among others.
The highly convenient location of Defence Raya Fairways ensures maximum visibility from the main road while providing visitors with a high-end shopping experience they won’t ever forget.
Location of Defence Raya Golf Resort, Lahore
Defence Raya Golf Resort is ideally located in DHA Phase 6 and is well-connected to all major parts of Lahore through a wide network of roads and bridges. It also enjoys easy access to the architectural marvel that is Lahore Ring Road.
Here are some of the most prominent landmarks situated in the proximity to this housing society in Lahore.
- DHA Phase VI Main Boulevard: 3-minute drive
- Lahore University of Management Sciences (LUMS): 10-minute drive
- Shahbaz Sharif Government Hospital: 10-minute drive
- Allama Iqbal International Airport: 15-minute drive
Amenities and Facilities at Defence Raya Golf Resort, Lahore
Here are some of the most noteworthy amenities and facilities at Defence Raya that add to its irresistible charm and investment appeal.
- Recreational areas
- Gated and secured community
- Sustainable architecture
- Availability of all civic amenities
- Uninterrupted supply of electricity
- 18-hole international standard golf course
- Exquisite clubhouse
- 12-Kanal Grand Piazza
- Beautiful mosques
- Wide pedestrian walkways
- Dedicated car parking
- Indoor and outdoor sports facilities
- Fine and casual dining options
Investment Options in Defence Raya Golf Resort, Lahore
Defence Raya Golf Resort in DHA, Lahore, offers a plethora of great investment options.
For those seeking to invest in apartments in Defence Raya, 18Green Condominiums provides buyers with well-equipped 1-bed, 2-bed and 3-bedroom luxury residential units. The project has seen a 60% increase in prices over the last four years – a trend that is expected to continue. These apartments in Defence Raya are available on construction-based and instalment-based instalment plans. To book a unit, you will be required to make a 30% down payment. Meanwhile, the villas in Defence Raya and the commercial properties in Fairways Commercial Centre are completely sold out.
18Green Condominiums
Overlooking the lush green grounds of the prestigious golf course and the pristine waters of the picturesque lake, 18Green Condominiums is undoubtedly one of the brightest jewels in the crown of Defence Raya, Lahore. Located near the eighteenth hole of the Defence Raya Golf Course, the exclusive apartment complex consists of three spectacular towers arranged in ascending formation boasting striking facade and incomparable facilities.
Defence Raya Golf Resort Apartemental View
The Luxury Living in Lahore
18Green Condominiums offers 1-bed, 2-bed and 3-bed luxury apartments with extravagant interiors and all the amenities one can desire.
Defence Raya Golf View Villas
Defence Raya also features exquisite 1 and 2 kanal villas that offer a scenic view of the magnificent golf course. The high-end finishing, meticulously planned layout, and a glorious façade certainly make these aristocratic villas the epitome of extravagance in the posh housing society. The innovative design of these units seamlessly integrates beautiful greenery into each residence, providing the perfect synthesis of the surrounding green landscape and a concrete structure with brick footing.
Set against a scenic backdrop, Defence Raya Golf View Villas are equipped with solid wooden doors and aluminium-framed glass windows. They also have rooftop and basement deck areas, spacious car porch, servant quarters, and much more.
Defence Raya Golf Apartmental View
The Epitome of Opulent and Luxury Living in Lahore —
