Searching for rental property is a pretty hectic task, and if the individual has recently moved to Lahore, then it’s an even more challenging task. Since the individual is new in town, it’s best to look for a rental place that is in close proximity to where he/she works, where there are schools and hospitals, and someplace close to the commercial area. It’s not always the case that an individual finds a place that checks out all the boxes. But with proper research, it’s not impossible.
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DEFENSE HOUSING AUTHORITY
Considered as the poshest housing society in the city, DHA is located near Ring Road Lahore and is in close proximity to the Allama Iqbal International Airport. This housing society offers the residents a high-end living standard and has an abundance of shopping malls, well-known academic institutions, sports complexes, medical centers, cafes, cinemas, recreational parks, and whatnot.
With all the facilities being provided, the rent rate for a house or portion in DHA is higher as compared to other places. The rest of a 5 Marla house in this society is between 40,000/- PKR to 45,000/-PKR whereas rent for a 10 Marla house is between 70,000/-PKR to 75,000/-PKR.
BAHRIA TOWN LAHORE
Just like its developments in Islamabad and Karachi, Bahria Town Lahore is no exception. This high-in0demand housing society is situated on Main Canal Bank Road near Thokar Niaz Baig in close proximity to Raiwind Road.
The housing society’s urbanized framework, Graeco-Roman architecture, open spaces, recreational parks, full-time power supply, and 24-hour security is what make it a favorable location for residents. Apart from all these amenities, Bahria Town also has the best hospitals, shopping areas, cafes, sports centers as well as internationally acclaimed landmarks.
5 Marla houses for rent in Bahria Town are available from 38,000/- PKR while 10 Marla houses are up for rent for just 45,000/- PKR. The rent for a bigger house, 1 Kanal for example, is higher as compared to rent for bigger houses in DHA.
Johar Town is situated close by to Model Town and Faisal Town. This housing scheme is located near the M2 Motorway, making it easy to access. This society is densely populated and well established and citizens living here have access to the latest facilities at their door. Another factor that makes this society popular is the ease of access to public and private transportation. Johar town also houses a number of mosques, popular cafes, posh shopping centers, and many more.
The monthly rental rate in Johar Town varies from house to house. The minimum rent for a house that is 5 Marlas would be 40,000/- PKR. While the monthly rent for a 10 Marla house that is located in a posh neighborhood would be 80,000/- PKR.
Askari is considere to be the first gated housing society in the city. This housing society is make up of 11 fully developed and functional sectors or phases. This housing scheme’s infrastructure is parallel to Bahria Town’s and DHA’s so it is a great place to rent out a house.
Just like every other high-end housing society. Askari also has various amenities for the residents so they live comfortably. A 10 Marla house in Askari is available for 58,000/-PKR per month. And a 1 Kanal House is available for 1 lac per month.
Gulberg Housing society is situated on Ferozepur Road and is divide into 5 sectors. Each sector has its own parks, banks, hospitals, well-known schools, and shopping areas. Liberty Market and Ghalib Market are also located in this region. The rent rate in Gulberg is high as compared to neighboring areas. A 5 Marla house in this area will be available for 55,000/- PKR per monthly rent. While a 10 Marla house will be available for 80,000/- PKR per month.
If an individual wants to live in Lahore for a longer time period. It’s best to get the house on lease. This way they can live in the popular locations in the city in an affordable amount
Muhammad Junaid is a senior Analyst and Search Engine Expert. Extensive experience being a lead writer in GreyBricks Marketing | Rudn Enclave. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.