Tag: nespakplots

  • Nespak Housing Society – A Complete Guide for Everyone

    If you’re looking for a peaceful, well-planned, and affordable housing society in Lahore, Nespak Housing Society might be the right choice for you. With its growing popularity and ideal location, this society offers great opportunities for both living and investment. In this blog, we’ll walk you through everything you need to know, from location to prices, features, and investment potential.

    What is Nespak Housing Society?

    Nespak Housing Society is a residential community developed by the Nespak Engineers Cooperative Housing Society. It was planned and developed with the help of professional engineers and town planners. The society is known for its neat layout, peaceful environment, and secure surroundings. It offers a high standard of living with all the basic facilities already in place.

    Location & Accessibility

    One of the biggest advantages of Nespak Housing Society is its prime location. It is located near Thokar Niaz Baig, close to the M2 Motorway and Canal Road. This makes it easy to reach other parts of Lahore, including:

    • Johar Town
    • Bahria Town
    • DHA Rahbar
    • Wapda Town

    Because of its location, residents enjoy less traffic and quick access to schools, hospitals, and shopping malls.

    Key Features of Nespak Housing Society

    Nespak Society offers a peaceful lifestyle with modern facilities. Some of the key features include:

    • Wide roads and green belts
    • Gated entry with 24/7 security
    • Nearby markets, mosques, and parks
    • Underground electricity and sewerage system
    • Clean and quiet atmosphere
    • Access to good schools and hospitals

    This society is ideal for families who want to live in a calm and safe environment.

    Plot Sizes & Residential Options

    In Nespak Housing Society, you can find:

    • 5 Marla plots
    • 10 Marla plots
    • 1 Kanal plots

    Houses are available for sale and rent. Some newly constructed homes are ready to move in. There are also commercial plots, especially in Phase 1, for those looking to start a small business.

    Plot prices vary depending on size and location. As of now:

    • 5 Marla plot: PKR 70–90 lakhs
    • 10 Marla plot: PKR 1.2–1.8 crores
    • 1 Kanal plot: PKR 2.5–3.5 crores

    Note: Prices may change, so always check updated rates through reliable platforms.

    Development Status & Phases

    Nespak Housing Society has two main phases:

    • Phase 1: Fully developed with proper roads, parks, and houses.
    • Phase 2: Some areas are under development but many plots are already being constructed.

    Both phases are approved and have basic utilities like electricity, gas, and water. This ensures that residents don’t face common issues found in less-developed areas.

    Pros & Cons of Living in Nespak Housing Society

    Pros:

    • Excellent location
    • Affordable prices
    • Peaceful and family-friendly
    • Proper planning and layout
    • Security and basic services available

    Cons:

    • Limited public transport options
    • Fewer big commercial markets nearby
    • Phase 2 still has some underdeveloped areas

    Investment Potential

    Nespak Housing Society is a good choice for long-term investment. Property prices have been rising slowly and steadily. Since the area is peaceful and developed, many people prefer living here rather than in crowded societies.

    If you’re looking to invest in a safe and growing society, Nespak is a reliable option with decent return on investment (ROI).

    Comparison With Nearby Housing Societies

    Here’s a quick comparison:

    SocietyAffordabilityLocationDevelopment
    Nespak✅ Moderate✅ Prime✅ Developed
    Wapda Town❌ Expensive✅ Good✅ Developed
    Valencia✅ Affordable❌ Far✅ Developed
    DHA Rahbar❌ Costly✅ Good✅ Ongoing

    Nespak stands out for offering a balance of affordability, peace, and location.

    How to Buy or Sell Property in Nespak Housing Society

    To buy or sell property in Nespak, follow these tips:

    • Work with trusted real estate agents
    • Verify the NOC (No Objection Certificate) and ownership documents
    • Avoid dealing in cash without legal proof
    • Make sure the plot is not under litigation

    Where to Find Trusted Property Listings?

    If you want to find verified listings, Malikki.com is a great option. It offers:

    • Verified plots and houses
    • Easy search filters
    • Direct contact with property sellers
    • Protection from scams and fake listings

    Buyers and sellers can both benefit from using a reliable platform instead of social media ads or unverified agents.

    FAQs About Nespak Housing Society

    1. Is Nespak Housing Society approved by LDA?
      Yes, it is a legally approved and registered society.
    2. What is the average plot price in Phase 1?
      Around PKR 1.2 to 3 crores depending on size and location.
    3. Are commercial plots available?
      Yes, especially in Phase 1.
    4. Is this society good for families?
      Yes, it’s peaceful and well-managed, ideal for families.
    5. How far is it from the airport?
      About 35–40 minutes drive via Ring Road.
    6. Are there schools nearby?
      Yes, many schools and colleges are within a short drive.
    7. Is gas and water available?
      Yes, both are available in developed blocks.
    8. What kind of security is there?
      Gated entry with guards and CCTV.
    9. How is the resale value?
      Stable and increasing steadily.
    10. Is Phase 2 livable?
      Yes, but some blocks are still under development.