Etihad Town is an ambitious real estate development project located in Lahore, Pakistan. Conceived as a modern, well-planned residential community, it aims to provide a high standard of living with a focus on infrastructure, amenities, and green spaces. This guide offers an in-depth look at the different phases of Etihad Town, providing detailed information on each phase’s development, features, and investment potential.
Phase 1: The Pioneer Phase
Phase 1 of Etihad Town, often referred to as the “Pioneer Phase,” was launched in 2015 and covers an expansive area of approximately 5,000 kanals (625 acres). This phase set the foundation for the entire project, establishing the development’s core infrastructure and setting the standard for future expansion.
Overview
Phase 1 was meticulously planned to create a self-sustaining community with a mix of residential and commercial areas. The development is divided into 10 blocks, each designed with a specific purpose:
- Blocks A to F: Primarily residential areas
- Block G: Mixed-use area with both residential and small commercial plots
- Block H: Dedicated commercial zone
- Blocks I and J: Premium residential areas with larger plot sizes
Out of these 10 blocks, 8 are fully developed, featuring completed infrastructure such as roads, water supply, and electricity distribution networks. The remaining 2 blocks are in the final stages of development, with completion expected by the end of the current year.
Key Features and Amenities
- Road Network: A 150-foot wide main boulevard serves as the primary artery, complemented by 60-foot and 40-foot wide internal roads. All roads are constructed using high-quality asphalt and feature proper drainage systems.
- Water Supply: A state-of-the-art water treatment plant with a capacity of 5 million gallons per day ensures a consistent supply of clean water to all residents.
- Electricity Infrastructure: Underground electrical cabling enhances the aesthetic appeal while providing a more reliable power supply. A dedicated 132 KV grid station is under construction to meet the growing energy demands.
- Green Spaces: Over 15% of the total area is dedicated to parks and green belts. The central park in Block C spans 50 kanals (6.25 acres) and features jogging tracks, children’s play areas, and landscaped gardens.
- Educational Facilities: Two school sites have been allocated, with one international school already operational in Block E.
- Healthcare: A 50-bed hospital is under construction in Block H, expected to be completed by mid-2025.
- Mosques: Three mosques are strategically located throughout Phase 1, with the central mosque in Block D capable of accommodating 1,000 worshippers.
Plot Options and Current Status
Phase 1 offers a variety of plot sizes to cater to different needs and budgets:
| Plot Size | Total Plots | Developed | Under Development | Price Range (PKR) |
|---|---|---|---|---|
| 3 Marla | 2,000 | 1,800 | 200 | 2,500,000 – 3,000,000 |
| 5 Marla | 3,500 | 3,200 | 300 | 4,000,000 – 4,500,000 |
| 10 Marla | 1,500 | 1,300 | 200 | 7,500,000 – 8,500,000 |
| 1 Kanal | 800 | 700 | 100 | 12,000,000 – 14,000,000 |
| Commercial | 300 | 250 | 50 | 20,000,000 – 50,000,000 |
*Note: Prices are approximate and subject to change. Commercial plot prices vary significantly based on location and size.
Development Updates
As of September 2024:
- 95% of the road network is complete
- Water supply system is operational in all developed blocks
- Electricity distribution is 90% complete, with the remaining work focused on the under-development blocks
- 80% of planned green areas are developed and open to residents
- The central commercial area in Block H is 70% complete, with several businesses already operational
Phase 2: The Expansion
Launched in 2018, Phase 2 of Etihad Town represents the project’s first major expansion. Covering approximately 4,000 kanals (500 acres), this phase builds upon the success of Phase 1 while introducing new concepts and amenities.
Overview
Phase 2 is designed with a focus on sustainable living and modern urban planning principles. It comprises 8 blocks (K to R), each with its unique character:
- Blocks K, L, M: Standard residential areas
- Block N: Eco-friendly residential zone with energy-efficient home designs
- Block O: Luxury villas and large residential plots
- Block P: Mixed-use area with low-rise apartments and commercial spaces
- Block Q: Technology park and commercial zone
- Block R: Sports complex and recreational facilities
Currently, 5 out of the 8 blocks are fully developed, with the remaining 3 blocks in various stages of development.
Key Features and Amenities
- Smart Infrastructure: Phase 2 incorporates smart city concepts, including IoT-enabled street lighting and traffic management systems.
- Renewable Energy: A 5 MW solar park in Block N contributes to the area’s power needs, reducing reliance on the national grid.
- Water Conservation: Rainwater harvesting systems and a greywater recycling plant promote sustainable water use.
- Education Hub: A 100-kanal (12.5 acres) education complex in Block M includes a school, college, and vocational training center.
- Sports Facilities: Block R features a 25-acre sports complex with cricket grounds, tennis courts, and a FIFA-standard football pitch.
- Commercial Center: The technology park in Block Q aims to attract IT companies and startups, potentially creating thousands of job opportunities.
Plot Options and Current Status
Phase 2 offers a slightly different mix of plot sizes compared to Phase 1:
| Plot Size | Total Plots | Developed | Under Development | Price Range (PKR) |
|---|---|---|---|---|
| 5 Marla | 4,000 | 2,500 | 1,500 | 3,500,000 – 4,000,000 |
| 10 Marla | 2,000 | 1,200 | 800 | 6,500,000 – 7,500,000 |
| 1 Kanal | 1,000 | 600 | 400 | 11,000,000 – 13,000,000 |
| Luxury Villas | 100 | 50 | 50 | 25,000,000 – 35,000,000 |
| Commercial | 200 | 100 | 100 | 18,000,000 – 40,000,000 |
*Note: Prices are approximate and subject to change. Luxury villa prices include construction cost.
Development Updates
As of September 2024:
- 80% of the road network is complete
- Water supply and electricity distribution systems are operational in all developed blocks
- The solar park is fully operational, supplying power to common areas and some residential blocks
- Construction of the education complex is 60% complete
- The sports complex is 75% complete, with some facilities already open to residents
Phase 3: The Future Vision
Launched in 2021, Phase 3 represents the most ambitious expansion of Etihad Town to date. Covering approximately 3,000 kanals (375 acres), this phase incorporates cutting-edge urban planning concepts and futuristic amenities.
Overview
Phase 3 is envisioned as a “city within a city,” designed to be largely self-sufficient and environmentally sustainable. It comprises 6 blocks (S to X), each with a distinct focus:
- Block S: High-density, mixed-use zone with high-rise apartments and office spaces
- Block T: Eco-village with sustainable homes and community farming areas
- Block U: Innovation district with research centers and a university campus
- Block V: Cultural and entertainment hub
- Block W: Health and wellness zone with medical facilities and senior living communities
- Block X: Green belt and nature reserve
Currently, 2 out of the 6 blocks are developed, with the remaining 4 blocks in various stages of planning and early development.
Key Features and Amenities
- Vertical Living: High-rise apartments in Block S aim to maximize land use efficiency while providing modern, comfortable living spaces.
- Sustainable Design: The eco-village in Block T showcases various sustainable technologies, including passive solar design, green roofs, and community-scale composting.
- Innovation Hub: Block U is planned to house a satellite campus of a major university and several research centers, fostering a culture of innovation and entrepreneurship.
- Cultural Center: A state-of-the-art performing arts center and museum in Block V will serve as the cultural heart of the community.
- Healthcare Complex: Block W will feature a 200-bed multi-specialty hospital and specialized clinics, along with assisted living facilities for seniors.
- Nature Reserve: Block X is designed as a protected green space, featuring walking trails, bird-watching spots, and environmental education centers.
Plot Options and Current Status
Phase 3 introduces new property types while continuing to offer traditional plot sizes:
| Property Type | Total Units | Developed | Under Development | Price Range (PKR) |
|---|---|---|---|---|
| 5 Marla Plots | 2,000 | 500 | 1,500 | 3,000,000 – 3,500,000 |
| 10 Marla Plots | 1,000 | 250 | 750 | 5,500,000 – 6,500,000 |
| 1 Kanal Plots | 500 | 100 | 400 | 10,000,000 – 12,000,000 |
| Apartments | 5,000 | 0 | 5,000 | 7,000,000 – 20,000,000 |
| Commercial | 100 | 20 | 80 | 25,000,000 – 100,000,000 |
*Note: Prices are approximate and subject to change. Apartment prices vary based on size and location within the high-rise buildings.
Development Updates
As of September 2024:
- 40% of the main road network is complete
- Basic infrastructure work is underway in Blocks S and T
- Detailed planning and environmental impact assessments are ongoing for the remaining blocks
- Construction of the first high-rise apartment building in Block S has begun
- The eco-village concept in Block T is being refined based on pilot projects and community feedback
Investment Potential
Reasons to Consider Investing in Etihad Town
- Strategic Location: Situated just off the Lahore Ring Road, Etihad Town offers excellent connectivity to key areas of Lahore, including the airport, city center, and industrial zones.
- Comprehensive Master Plan: The project follows a well-thought-out master plan that ensures organized growth, proper infrastructure, and a balance between residential, commercial, and recreational spaces.
- Phased Development: The phased approach allows for gradual investment and development, potentially reducing risks and allowing for value appreciation over time.
- Modern Infrastructure: State-of-the-art utilities, smart city features, and sustainable design elements set Etihad Town apart from many other developments in the region.
- Diverse Investment Options: From small residential plots to luxury villas and commercial spaces, Etihad Town offers options for various investment budgets and strategies.
- Potential for Capital Appreciation: As development progresses and amenities come online, property values are likely to increase. For example, Phase 1 properties have seen an average appreciation of 12% per annum since launch.
- Rental Income Potential: With the planned education and innovation hubs, there’s potential for steady rental demand, especially for properties in Phases 2 and 3.
- Green Living: The emphasis on parks, nature reserves, and sustainable design appeals to a growing segment of environmentally conscious buyers and renters.
- Community Facilities: The range of planned amenities, from sports complexes to cultural centers, enhances the overall living experience and property values.
- Economic Opportunities: The commercial zones, technology park, and innovation district could create significant employment opportunities, driving demand for both residential and commercial properties.
Considerations Before Investing
- Legal Due Diligence: Verify the legal status, land ownership, and regulatory approvals of the project.
- Developer Track Record: Research the developer’s history, financial stability, and ability to deliver on promised amenities.
- Payment Plans: Evaluate the flexibility and terms of payment plans offered, considering your financial situation.
- Development Timelines: Assess the progress of infrastructure development in each phase and the developer’s adherence to promised timelines.
- Market Trends: Consider broader real estate market trends in Lahore and how they might impact Etihad Town’s value proposition.
- Exit Strategy: Think about potential resale or rental options, especially for investments in newer phases that may take longer to fully develop.
- Maintenance and Running Costs: Factor in potential community fees, utility costs, and property taxes when calculating your investment returns.
Frequently Asked Questions (FAQs)
- What is the minimum investment required for Etihad Town?
The minimum investment starts from around PKR 2,500,000 for a 3 marla plot in Phase 1, or PKR 3,000,000 for a 5 marla plot in Phase 3. - Are there any financing options available?
Yes, several banks offer home financing options for Etihad Town properties. The developer has partnerships with major banks offering up to 70% financing for up to 20 years. - How long will it take for all phases to be fully developed?
The complete development timeline spans approximately 10-15 years. Phase 1 is nearly complete, Phase 2 is about 60% developed, and Phase 3 is in early stages of development. - What amenities are planned for Etihad Town?
Planned amenities include parks, schools, universities, healthcare facilities, mosques, sports complexes, cultural centers, and commercial areas. Each phase has its unique set of amenities. - Is there a maintenance fee for residents?
Yes, there is a monthly maintenance fee that varies by property size. Current rates range from PKR 2,000 to PKR 10,000 per month, covering security, waste management, and common area maintenance. - Can overseas Pakistanis invest in Etihad Town?
Yes, overseas Pakistanis can invest. The developer offers special assistance for overseas investors, including legal support and property management services. - Are there any restrictions on property resale?
Generally, properties can be resold after a minimum holding period of 2 years. Some premium plots may have different terms, so it’s best to check the specific conditions for each property type. - What is the process for starting construction on a plot?
After full payment, you need to submit building plans for approval to the Etihad Town Management. Once approved, you have 2 years to start construction and 3 years to complete it. - Are there any upcoming expansions planned for Etihad Town?
While no official announcements have been made, there are rumors of a potential Phase 4 focusing on industrial and logistics zones. Always verify such information with official sources. - How does Etihad Town compare to other housing societies in Lahore?
Etihad Town is generally considered to be in the mid to upper-mid range of housing societies in Lahore. Its strengths include its master plan, infrastructure quality, and future-focused amenities. However, it’s advisable to compare factors like location, price per square foot, and development progress with other projects before investing.
Disclaimer: This guide is based on general information and may not reflect the most current developments. Always verify details with official sources or real estate professionals before making investment decisions.
