The rise of flats construction in Gulberg Lahore
Gulberg is the central business district of Lahore. Gulberg is centrally located and can be easily accessed from different parts of Lahore. Gulberg was developed as modern housing scheme in Lahore with wide roads, green belts, parks and commercial centers. But fast commercialization of 1990’s totally changed it. This was the time when people started moving out to peaceful residential areas like DHA as their privacy was compromised. In 2010, Gulberg Lahore was the major commercial hug of Lahore.
Many experts never liked this change as according to them, housing is also the need of central business districts. But now things are once again moving forward with better developments as we can see many apartment projects in Gulberg Lahore. This is bringing the much sought after harmony as we can see commercial as well as residential developments in Gulberg Lahore. Instead of large houses, now we can see modern flats in Gulberg. Due to the fast population growth and limited land area, apartment buildings are the best solution to provide modern living in Gulberg. Flats in Gulberg have heralded the apartment construction in Lahore as was we can see many flats projects in different part of Lahore.
Gulberg Lahore is one of the most expensive areas of Pakistan due to central location and limited land. The flats prices are from Rs. 16,000/- to Rs. 21,000/- per square foot. If we compare these prices to the apartments in Central London, Hong Kong or Central Park Manhattan USA, we can see that flats in Gulberg Lahore are highly affordable. Due to the central location and land availability issues, there will be 5-7 times price increase by 2025. This is the best time to book apartments in Gulberg. These apartment projects in Gulberg offer the luxurious living and are at just walking distance from offices, commercial centers, restaurants, schools, colleges, parks and top transportation links.