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Transaction Details
Developer Details
Project Name Maraka Homes
Developer Name B&B Developers Pvt. Ltd
Account Title B&B Developers
Bank Name Bank Al Habib
Account Number 0029-0981-012444-01-8
IBAN PK48 BAHL 0029 098101244401
Branch code 0029

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Maraka Homes

PKR 3,111 / sqft
Maraka Homes, Multan road, Lahore, Punjab, Pakistan, ,
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Overview

  • Updated On:
  • January 30, 2024
  • Year Built: 2023
Address: Maraka Homes, Multan road, Lahore, Punjab, Pakistan
City:
State/County:
Country: Pakistan
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Property Id : 23276
Price: PKR 3,111 / sqft
Property Lot Size: 10,000 ft2
Custom ID: MH-MR-1123
Year Built: 2023
Available from: 2023-12-16

Description

Project Intro from the Developer

Welcome to Maraka Homes, a real estate housing society that offers premium residential plots to individuals looking for a comfortable and luxurious lifestyle. Our gated community is located in the heart of Lahore, with easy access to major highways and commercial areas. We offer a range of residential plots of different sizes, each designed to meet the unique needs of our clients.

Our society is located in a prime location, with excellent connectivity to major highways and public transportation. We provide a range of plot sizes to fit your specific requirements, whether you’re looking to build a cozy home, a bustling commercial enterprise, or a luxurious farmhouse.

Our residential plots are equipped with modern infrastructure, including electricity, water supply, and sewerage systems, ensuring a comfortable and hassle-free living experience for our residents. We have recreational areas, parks, and community centers, promoting an active and healthy lifestyle for our residents.

For our commercial clients, we offer strategically located plots that cater to various business requirements. Whether you’re looking to build a retail store, an office building, or a warehouse, we have the perfect plot for you. Our commercial plots are equipped with all the necessary infrastructure, including access to electricity, water, and transportation.

Our farmhouse plots offer the perfect escape from the hustle and bustle of city life, providing a serene and tranquil environment for you to relax and unwind. We offer large plots of land surrounded by lush greenery, where you can build your dream farmhouse and enjoy a luxurious and peaceful lifestyle.

 

KEY HIGHLIGHTS
  • Convenient location , easily accessible from Main Multan road Lahore, Pakistan.
  • Dedicated car parking for residents and visitors.
  • 24/7 Security
  • 24/7 power backup to ensure that residents always have access to electricity.
  • Ideal for those who want to live in a secure and gated community in a low cost housing.

 

Shiraakat’s Project Analysis

Project Score: 65.26%

Builtz Empire presents Maraka Homes – accessible via Main Multan road, Lahore – that is best suited for investors and end-users alike in the categories of on-ground residential plots, farm house plots and commercial plots.

In addition to conventional real estate formats, the developer also intends to introduce 3-marla and 5-marla Pre-Fabricated homes that are of robust quality, state-of-the-art design exercising maximum utilization of available space, thereby ensuring sustainable and eco-friendly living standards for the community. In addition, Pre-Fabricated homes also come with built-in Solar technology giving home-owners peace-of-mind while investing.

Price Point – With a 3-Marla Residential plot priced at PKR 21 Lacs (including development charges), i.e. PKR 7 Lacs per Marla – not for any file, but for an actual on-ground plot – makes it a steal given todays exorbitant market pricing.

Pros

  • On Ground – Registry Inteqal Model
  • Development work has started
  • Surrounded by local community
  • Nearby active commercial
  • Accessible from Main Multan Road
  • Low cost/affordable project
  • Steady gain in land value
  • 25% Buyback Guarantee from the developer on 1 year maturity

Cons

  • Not a gated community yet

 

Price Index – Residential

Stages

Category

Period

Plot Value

Per sqft value

Capital Gain

Pre-Launch Residential – 3Marla Jun 2022 1,500,000 2,222
Launch Residential – 3Marla Jan 2023 1,800,000 2,666 19.9%
Current Residential – 3Marla Dec 2023 2,100,000 3,111 16.7%
Near Future Residential – 3 Marla 2024 2,500,000 3,703 19%
Far Future Residential – 3Marla 2025 3,000,000 4,444 20%

 

Price Index – Commercial

Stages Category Period Plot Value Per sqft value Capital Gain
Pre-Launch Commercial – 2.5Marla Jun 2022 3,500,000 6,222
Launch Commercial – 2.5Marla Jan 2023 3,800,000 6,755 8.5%
Current Commercial – 2.5Marla Dec 2023 4,250,000 7,555 11.8%
Near Future Commercial – 2.5Marla 2024 4,500,000 8,000 5.9%
Far Future Commercial – 2.5Marla 2025 5,000,000 8,888 11%

 

Following Square Feet Options are Available to Purchase at Maraka Homes

Residential Square Feet Available at PKR 3111 /sqft

Commercial Square Feet Available at PKR 7555 /sqft

Rates Updated on January 1st 2024

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