Faisalabad, once known as Lyallpur, is rapidly emerging as a key real estate market in Pakistan. With its rich industrial background and significant role in agriculture, particularly in textiles and crop production, the city offers a promising environment for property investment.
Buying a House in Faisalabad
Faisalabad, often referred to as the Manchester of Pakistan, is a city rich in history, culture, and economic significance. Faisalabad has the third largest population, after Karachi and Lahore, in Pakistan. The FSD is divided into 6 different areas: Chak Jhumra, Faisalabad City, Faisalabad Saddar, Jaranwala, Samundri and Tandlianwala.
Faisalabad has 5,856 square kilometers in area, and about 21% of it the FDA controls. Purchasing a house in Faisalabad involves several considerations, including location, budget, and specific needs. Multiple housing societies have been developed newly and provided new architecture of houses in Faisalabad. Slowly, the FSD is transforming from a small city to a bustling metropolitan city.
Faisalabad’s combination of historical significance, economic vitality, and modern amenities make it an attractive destination for both living and investment. Whether you are exploring the vibrant markets, enjoying the city’s landmarks, or considering a real estate investment, Faisalabad has something unique to offer.
Types of Houses in Faisalabad
Faisalabad offers a diverse range of housing options catering to different preferences and budgets. You can find everything from luxurious villas and modern apartments to traditional houses and affordable flats.
Areas like Chak Road, Usman Town, Khurianwala and Manawala are ideal for people who are looking for low price houses for sale in Faisalabad.
In these areas, the houses start from 5 marla and 10 marla and go up to 1 Kanal. The newly modern developed societies like Eden Valley, Wapda City, Eden Gardens, Satiana Road, Samundri Road, and Canal Road, houses for sale range from 5 marla and 10 marla to 5 kanal.
In Punjab province, you will see old houses with red clay bricks. Now, projects like Grand City, Eden Gardens, Wapda City, Top City, Meridian Enclave, Prime City, and Palm City are changing the trend and constructing a new variety of home design.
Sale Price Trend for Houses in Faisalabad
The real estate market in Faisalabad is occupied, with changing trends depending on the location and type of property. Generally, house prices have seen a steady increase due to the city’s growing economy and urban development.
Areas such as Canal Road and Madina Town are popular for their modern amenities and higher property values. However, there are also budget-friendly options in localities like Samundari Road, making it feasible for a wide range of buyers.
- The house price in Wapda City is starting from 3.75 Crore
- The House price in Eden Valley is starting from 3.35 Crore.
- In city housing, the prices of the homes start from 2.56 Crore.
- In Four Season Housing Society, the prices start from 2.05 Crore.
Schools, Universities & Hospitals in Faisalabad
Education and healthcare are major features of Faisalabad. The city is home to several well-known educational institutions, such as the University of Agriculture Faisalabad, University of Faisalabad, Faisalabad Medical University and Government College University, Faisalabad. These institutions offer a wide range of programs catering to various fields of study.
In terms of healthcare, Faisalabad has both government and private hospitals. There are several hospitals and clinics, including Allied Hospital, Shifa International Hospital, Aziz Fatima Hospital and Faisalabad Institute of Cardiology, providing quality medical services to the residents.
Facilities & Security in Faisalabad
Faisalabad is equipped with essential facilities and security measures, ensuring a comfortable living environment. The city has a well-developed infrastructure, including roads, public transportation, and utilities.
Faisalabad has a railway station, an International Airport (LYP), and a Pakistan Air Force military base. The city has well infrastructure transport system and does not need public transportation because Faisalabad is a small city.
Security is a priority, with law enforcement agencies actively working to maintain peace and order. Additionally, various residential communities offer gated security, adding an extra layer of safety for residents.
Shopping & Restaurants in Faisalabad
Faisalabad offers a vibrant shopping and dining experience. The Clock Tower Market is a bustling hub where you can find everything from textiles to electronics.
For a more modern shopping experience, shopping malls like The Grand Atrium, The Boulevard Mall, Imtiaz Mart, Chase Value and the D Ground area feature numerous boutiques and stores.
When it comes to dining, Faisalabad boasts a plethora of options ranging from traditional Pakistani cuisine to international flavors. Popular spots include Nando’s, McDonald’s, KFC and Al Maida for a family-friendly dining experience.
Reasons to Invest in Faisalabad
Investing in Faisalabad Properties is more affordable compared to neighbouring cities like Lahore and Multan.
The city’s robust industrial base, particularly in textiles, ensures a steady economic environment. The presence of well-established infrastructure, including roads and markets, facilitates trade and commerce.
Additionally, Faisalabad’s strategic location connects it to major cities, enhancing its importance as a trading hub. The city’s growing real estate market presents lucrative opportunities for investors looking to capitalize on its economic growth.