Lahore, the second most populous city of Pakistan, has an extremely rich culture, history and culinary traditions. Apart from being the cultural hub of the country, it has now become a rapidly developing metropolis. The commercial property market in Lahore, in particular, is drawing investment from across the country. The finest examples in this concern are the commercial areas in DHA Lahore.
MORE ABOUT POPULAR COMMERCIAL AREAS IN DHA LAHORE
DHA Lahore, which is widely known as one of the most posh areas of the city, has been divided into 12 phases so far. Phases 1 till 5 are fully developed, however, Phases 6 till 12 are under construction. According to buying trends, as of April 2019, DHA remained one of the most searched areas by homebuyers in Lahore. For the convenience of residents, all these phases in DHA Lahore have planned commercial centre where different types of shops, eateries and banks can be found. So, let’s explore the most popular commercial areas in DHA Lahore listed below:
- DHA Lahore Phase 1 Commercial
- DHA Lahore Phase 2 Commercial
- DHA Lahore Phase 3 Commercial
- DHA Lahore Phase 4 Commercial
- DHA Lahore Phase 5 Commercial
- DHA Lahore Phase 6 Commercial
EXPLORING DHA LAHORE PHASE 1 COMMERCIAL
Calling it the oldest and most developed commercial centre in DHA Lahore wouldn’t be wrong. If you live in Phase 1 commercial area, you have quick access to many important facilities. Institutes like The Leads Academy and MBK Institute is found in the centre of the area. An internationally recognized courier service known as DHL Express also has an outlet in DHA Phase 1 Commercial.
Moreover, DHA Phase 1 Commercial also has branches of famous eateries like Subway, Wasabi and KFC. Sindh Bank and Askari Bank are two of the many famous bank branches located in the area. Al Fateh Shopping Mall, which is a popular shopping place, is also in DHA Phase 1 Commercial.
Nearby Expressways: GT Road (36 minutes’ drive away) and Ring Road (18 minutes’ drive away)
Properties for Sale in Phase 1 Commercial Area
The area of DHA Phase 1 Lahore is a peaceful neighbourhood. However, its commercial centre is a bustling area. So, if you want to live near Phase 1 Commercial, an ideal property option is a 10-marla house for sale in DHA Phase 1, the price of which ranges between PKR 1.65 crore lakh and PKR 3.6 crore.
As far as commercial properties for sale in DHA Lahore Phase 1 are concerned, we see that the asking price of a 4 marla plot in DHA Lahore Phase 1 Commercial falls in the PKR 2.9 crore to PKR 5 crore range. A 450 sq ft shop for sale in the locality is, on average, priced around PKR 1.2 crore. On the other hand, a 900 sq ft office has the lowest asking price of PKR 3.75 crore.
EXPLORING DHA LAHORE PHASE 2 COMMERCIAL
DHA Phase 2 Commercial is also one of the most sought after commercial centres in Defence Lahore. In this area, you can easily find many places to fulfil your day to day requirement. Times Fitness, which is a very popular gymnasium, is located in the area. Similarly, a reputable school known as Rising Star Pre School & Academy has a branch in DHA Phase 2 Commercial.
Fast food outlets like Subway and OPTP are also found in the commercial area of DHA Phase 2. Commercial banks like Meezan Bank and Askari Bank have branches in the area.The best part is that nearly all of these banks ATM services, so, in case you need to get fast cash, you’re good. For a breath of fresh air, you can also head over to DHA Park situated in the heart of DHA Phase 2 Commercial.
Nearby Expressways: Lahore Ring Road (14 minutes’ drive away) and Barki Road (18 minutes’ drive away)
Properties in DHA Phase 2 Commercial
DHA Phase 2 is a serene neighbourhood of Lahore. The commercial centre of this locality is large and well connected. Finding a residential property near DHA Phase 2 Commercial is quite easy. But you need to have a flexible budget as the area is one of the most upscale ones in the city. The sale price range you could come across for a 10-marla house in Defence Housing Society Lahore Phase 2 starts at PKR 1.65 crore, going up to PKR 3.25 crore
There are many commercial properties for sale in DHA Phase 2. For example, a 4 marla plot for sale in DHA Phase 2 has a cost around PKR to PKR. A 450 sq ft shop, on the other hand, has an average price tag of PKR 1.5 crore. Moreover, to buy over a 1000 sq ft office, you may have to pay a price ranging between PKR 1.85 crore and PKR 2.44 crore.
EXPLORING DHA LAHORE PHASE 3 COMMERCIAL
Phase 3 Commercial is one of the busiest commercial areas in DHA Lahore. Each day, a lot of people visit this place. The presence of DHA Medical Centre Phase III, which is a top-notch medical facility, adds to the significance of this locality. Rising Sun Institute for Special Children is also found in DHA Phase 3 Commercial. Eateries like Broadway Pizza, Gloria Jeans Coffee and Hardee’s also have their outlets here.
Nearby Expressways: Lahore Ring Road (12-minutes’ drive away) and Ferozpur Road (10-minutes’ drive away)
Properties in DHA Lahore Phase 3 Commercial
The neighbourhood of DHA Phase 3 is a posh locality. The commercial area of this residential community is home to many facilities. If you have plans to own a property near Phase 3 Commercial, then you can have a look at the range of 10-marla residential units available for sale that start at an asking price of PKR 2.2 crore, going up to PKR 3.6 crore.
In Phase 3 of DHA Lahore, there is a wide range of commercial properties that are available for sale. An 8-marla building is, on average, priced between PKR 18 crore and PKR 28 crore. On the other hand, the asking price of a 4 marla commercial plot in Phase 3 commercial ranges from PKR 5.5 crore to PKR 7 crore.
EXPLORING DHA LAHORE PHASE 4 COMMERCIAL
Another popular locality among commercial areas in DHA Lahore is Phase 4 Commercial. It is a hub of different types of business and communal activities. DHA Phase IV Community Club in the area is a fine example in this regard. Moreover, fitness and sports facilities like Mind and Body Fitness Gym and Ijaz Ahmed DHA Cricket Academy are also found in DHA Phase 3 Commercial. Cakes and Bakes is one of the finest bakers in the area. Foodies in DHA Phase 3 Lahore can visit places like Lahore Chatkhara, Al Pacino Café and Mei Kong Chinese Restaurant.
Nearby Expressways: Lahore Ring Road (12 minutes’ drive away) and Ferozpur Road (16 minutes’ drive away)
Properties in Phase 4 Commercial
DHA Phase 4 is one of the best neighbourhoods in Lahore. People living in DHA Phase 4 visit its commercial area to meet their lifestyle requirements. If you also want to become a homeowner in this locality, then you can consider buying a 10-marla house that could cost you from PKR 2.2 crore to 3.95 crore.
While searching through commercial properties in DHA Lahore Phase 4, you come across properties with different price ranges. For example, buying a 4 marla building in the area can cost you PKR 7.75 crore to 12.25 crore. Similarly, a 4 marla commercial plot in Phase 4 is priced between PKR 6.7 crore and PKR 7.5 crore.
EXPLORING DHA LAHORE PHASE 5 COMMERCIAL AREA
Phase 5 Commercial is one of the most popular commercial areas in DHA Lahore. It is close to some of the best educational facilities in Defence Lahore like Lahore Grammar School and DHA Education System. Shapes DHA, which is one of the most popular fitness centres in Lahore, is also found in the locality. Plus, people in this locality enjoy the presence of many public parks.
Nearby Expressways: Lahore Ring Road (6 minutes’ drive away) and Bedian Road (9 minutes’ drive away)
Properties in DHA Phase 5 Commercial
DHA Lahore Phase 5 is one of the most well-developed areas in the city. It has an extremely busy commercial centre having a lot of facilities for residents. If you are also planning to relocate to this area, then you can take a look at 10 marla houses in DHA Phase 5, which are available for sale in around PKR 1.9 crore to 4.6 crore
The real estate market of DHA Lahore Phase 5 features many commercial properties available for sale. If you have plans to own an 8 marla building in the area, then its asking price starts at PKR 21 crore and it can go up to PKR 25 crore. However, the cost of a 4 marla commercial plot can be anywhere between PKR 2.5 crore and PKR 4.65 crore.
EXPLORING DHA LAHORE PHASE 6 COMMERCIAL
This list would be incomplete without the mention of Phase 6 commercial area of Defence Housing Society Lahore. Banks like Al Baraka Bank and Habib Bank have their branches here. Again, almost all of these branches have ATM machines in their offices. Olympic pool, an extremely popular recreational centre among swimmers, is also found in DHA Lahore Phase 6 Commercial. Moreover, this area lies in proximity to Defence Raya Golf Club. The City School also has its branch in Phase 6 Commercial of Defence Lahore.
Nearby Expressways: Shabbir Sharif Road (8 minutes’ drive away) and Barki Road (12 minutes’ drive away)
Properties in DHA Lahore Phase 6 Commercial
DHA Phase 6 is a posh neighbourhood in Lahore, which is still being developed. It has a vast commercial area comprising many shops, outlets and other neighbourhood amenities. So, if you have plans to relocate to the area and own a 10 marla house, then you need to invest from PKR 2.2 crore to 4.15 crore.
Almost all commercial properties up for sale in DHA Lahore Phase 6 cost upwards of PKR 5 crore. For example, if you want to be an owner of 4 marla building, then the cost you have to pay will be around PKR 10 crore to PKR 15 crore. On the other hand, 4 marla commercial plots in Phase 6 start from PKR 3.3 crore to PKR 14.75 crore.