Etihad Town Lahore is a prestigious residential and commercial development project that has gained significant attention in Pakistan’s real estate market. Located strategically on Main Raiwind Road, this LDA-approved housing venture offers a blend of modern living, luxurious amenities, and investment opportunities. Let’s delve into the various aspects of Etihad Town Lahore to provide a comprehensive overview.
Project Overview
Etihad Town is a large-scale development project spanning over 2,500 Kanals (approximately 312.5 acres) of land. The project is divided into multiple phases, with Phase 1 and Phase 2 being the most prominent. Developed by the Etihad Group, this gated community aims to provide a superior quality of life for its residents while offering attractive investment options.
Developer Profile
The Etihad Group, the developer behind Etihad Town, has a diverse portfolio extending beyond real estate into engineering, large-scale production, hospitality, and energy sectors. Some of their notable projects include:
- LUMS Campus
- UCP Lahore Campus
- Sheikh Zayed Hospitals (across Pakistan)
- Sheikh Zayed Medical College
- Sukh Chayn Gardens
The group’s extensive experience in construction and development lends credibility to the Etihad Town project.
Location and Accessibility
One of the key selling points of Etihad Town is its strategic location:
- Situated on Main Raiwind Road, Lahore
- Approximately 3.5 kilometers from Raiwind Road
- Near Sheikh Zayed Palace
- Close proximity to Thokar Niaz Baig and Islamabad-Lahore Motorway
- Easy access to Lahore Ring Road and Orange Line Train Station
This prime location ensures excellent connectivity to major parts of Lahore while offering a peaceful suburban environment.
Project Phases
Phase 1
- Spans over 564 Kanals
- LDA-approved
- Development work completed
- Possession of plots already granted to investors
Phase 2
- Covers approximately 1,950 Kanals
- Located in Jedu Village
- LDA approval under process
- Offers a variety of plot sizes:
- Residential: 3, 5, 10 Marla, and 1 Kanal
- Commercial: 2.66, 4, 5, and 8 Marla
Future Phases
While detailed information about future phases is limited, the project is expected to expand further, potentially including Phases 3 and 4, also known as Union Livings and Liberty Lands.
Plot Options and Payment Plans
Etihad Town offers a range of plot sizes to cater to different needs and budgets:
Residential Plots
- 3 Marla
- 3.5 Marla
- 5 Marla
- 7 Marla
- 10 Marla
- 12 Marla
- 1 Kanal
Commercial Plots
- 4 Marla
- 6 Marla
- 8 Marla
The project offers flexible payment plans to make investments more accessible:
- 2.5 to 3-year installment plans available
- 15% to 20% down payment required for booking
- Attractive options for both genuine buyers and investors
NOC Approval
Etihad Town has obtained the No Objection Certificate (NOC) from the Lahore Development Authority (LDA) under NOC No# LDA/DMP-I/1683. This approval ensures the legal standing and quality of the development.
Key Features and Amenities
Etihad Town Lahore boasts a wide array of features and amenities designed to enhance the quality of life for its residents:
Infrastructure
- Modern, well-planned layout
- Wide, carpeted roads
- Underground electricity system
- Efficient sewerage and drainage systems
- Underground wiring for utilities
Security
- Gated community with 24/7 security
- CCTV surveillance throughout the society
- Secure boundary wall
Green Spaces
- Central Park spanning 72 Kanals (9 acres)
- Multiple smaller parks and playgrounds
- Lush green belts and landscaped areas
Religious Facilities
- Grand Jamia Mosque with large prayer capacity
- Smaller mosques throughout the community
Educational Facilities
- Schools and colleges within the society
- Proximity to renowned educational institutions
Healthcare
- Health centers and hospitals planned within the community
- Easy access to major hospitals in Lahore
Commercial Areas
- Dedicated commercial zones
- Shopping malls, including Palace Mall
- Food street on Raiwind Road
Recreational Facilities
- Etihad Club House featuring:
- Swimming pool
- Modern gymnasium
- Spa facilities
- Tennis court
- Basketball court
- Badminton court
- Snooker room
Luxury Living Options
- Etihad Union Apartments
- Golden Sand Apartments
- Faletti’s Hotel
Investment Potential
Etihad Town Lahore presents several factors that make it an attractive investment opportunity:
- LDA Approval: The project’s approval by the Lahore Development Authority (NOC number LDA/DMP-I/1683) ensures legal security for investors.
- Strategic Location: Its proximity to key areas of Lahore and major transportation routes adds to its long-term value appreciation potential.
- Diverse Options: The availability of both residential and commercial plots allows investors to diversify their portfolio within the same development.
- Flexible Payment Plans: Investor-friendly installment options make entry into the market more accessible.
- Modern Amenities: The comprehensive range of facilities adds value to the properties and enhances their appeal to potential buyers or renters.
- Developer Reputation: The Etihad Group’s track record in successful project delivery instills confidence in investors.
- Growing Demand: The increasing population and urbanization in Lahore contribute to the rising demand for quality housing projects.
Comparison with Other Housing Societies
To better understand Etihad Town’s position in the market, it’s helpful to compare it with other prominent housing societies in Lahore:
DHA Lahore
- More established and larger in scale
- Generally higher property values
- Wider range of developed facilities
Bahria Town
- Larger project with more diverse offerings
- More extensive commercial developments
- Similar focus on luxury living
Lake City
- Comparable in terms of modern amenities
- Unique selling point of man-made lakes
- Similar target market for upper-middle-class residents
Compared to these projects, Etihad Town offers:
- More affordable entry points
- Newer development with potential for value appreciation
- Strong focus on community living and modern amenities
Challenges and Considerations
While Etihad Town presents numerous advantages, potential investors and residents should also consider some challenges:
- Ongoing Development: As parts of the project are still under development, residents may face temporary inconveniences.
- Market Fluctuations: Like any real estate investment, property values may be subject to market trends and economic conditions.
- Competition: With multiple housing projects in Lahore, there’s significant competition in the market.
- Infrastructure Development: The pace of external infrastructure development in the surrounding areas may impact the project’s overall appeal.
- Long-term Maintenance: The sustainability of the project’s high standards will depend on effective long-term maintenance and management.
Future Prospects
The future outlook for Etihad Town Lahore appears promising, based on several factors:
- Expansion Plans: With additional phases planned, the project is set to grow and potentially increase in value.
- Infrastructure Development: Ongoing and future infrastructure projects in Lahore are likely to enhance connectivity and accessibility to the area.
- Commercial Growth: The development of commercial areas within the project could attract businesses and create a self-sustained community.
- Population Growth: Lahore’s expanding population and the trend towards suburban living could drive demand for properties in Etihad Town.
- Technological Integration: As smart city concepts gain traction, Etihad Town has the potential to incorporate more tech-driven solutions in future phases.
Conclusion
Etihad Town Lahore represents a significant development in Lahore’s real estate landscape, offering a blend of modern living, investment opportunities, and community-focused amenities. Its strategic location, diverse plot options, and comprehensive facilities make it an attractive option for both homebuyers and investors.
The project’s LDA approval, coupled with the developer’s reputation, provides a level of security and confidence to stakeholders. The flexible payment plans and range of plot sizes cater to a broad spectrum of buyers, from first-time homeowners to luxury property seekers.
While the project faces competition from other established housing societies in Lahore, its focus on creating a self-contained community with a high standard of living sets it apart. The ongoing development of commercial areas and the potential for future expansion suggest that Etihad Town could become a significant hub in Lahore’s suburban landscape.
However, potential investors and residents should conduct thorough due diligence, considering factors such as ongoing development challenges, market fluctuations, and long-term maintenance prospects. It’s also advisable to visit the site, compare with other options in the market, and consult with real estate professionals before making a decision.
FAQs
- Is Etihad Town approved by LDA?
Yes, Etihad Town Phase 1 and Phase 2 are approved by the Lahore Development Authority (LDA). - What types of plots are available in Etihad Town?
Etihad Town offers both residential and commercial plots. Residential plots range from 3 Marla to 1 Kanal, while commercial plots are available in sizes from 2 Marla to 8 Marla. - How secure is an investment in Etihad Town?
The developers have over 40 years of experience in the construction and development field, and the project is LDA approved, which adds to its credibility and security as an investment. - What amenities are available in Etihad Town?
Etihad Town offers a wide range of amenities including an Etihad Club House, parks, schools, hospitals, shopping malls, mosques, and various sports and recreational facilities. - How is the water and electricity supply in Etihad Town?
Etihad Town ensures 24/7 electricity supply through underground wiring and backup generators. Clean water is provided through dedicated filtration plants.
