Housing Society Report

Askari V

Report Summary

Askari V is an approved housing society in Lahore, managed by the Armed Forces. It is a gated community and is 100% developed. Located in the heart of Lahore Cantt. Main Ferozepur Road and Kalma Chowk Flyover provide access. Allama Iqbal International Airport is approximately 16 km away via Cavalry Ground. Model Town Police Station provides security and policing. Zameen.com is actively working as an agency. Property transfers necessitate a No Objection Certificate from the Housing Directorate, along with other clearances. The monthly fees for residents is 3,000/-. Only houses & Apartments are available for sale.

Archivable Data Points

Archivable Data Points are the type of Data Points that change very rarely. Hence, once gathered, they do not really need to be updated that regularly.

 

1. Name: Askari 5, Lahore
2. Address: Askari 5, Lahore, Punjab 54000
3. Tel No.s: Not Found
4. Landline: Not Found
5. Cellphones: Not Found
6. WhatsApp: N/a
7. URL: https://www.askarihousing.com/ (Website is not working)
8. Email: Not Found
9. Google Coordinates: https://maps.app.goo.gl/ugRcFePnthV3ER3WA
10. Legal Formation (Private, Cooperative, Government, Other Authority etc): Armed Forces
11. Supervising Authority: Armed Forces
12. Status of Approval (Approved vs Unapproved vs Partially Approved): Approved
13. Total Area (and Approved Area vs Unapproved Area percentage): 100% Approved
14. Maps (Society vs Approved)

15. Gated Community Status: Yes
16. Housing Society USP:  Located in the heart of Lahore Cantt.

 

1. Statutory Formation (Cooperative, Pvt Ltd., Public Ltd., Authority, Others) along with legislation under which formed: Armed Forces
2. System of Election: No
3. Date of Incorporation: Early 2000s
4. Date of Initial Launching of the Housing Society:         Early 2000s

 

1. Address: Askari 3, Bedian Road, Lahore, Punjab 54000
2. Coordinates: https://maps.app.goo.gl/ugRcFePnthV3ER3WA
3. Overall Area/Town Name: Nishtar Town
4. Approach Road: Askari 5 in Lahore is easily accessible via several major roads. The approach road primarily includes:

5. Gated Community: Yes
6. Entry Points (Number of Gates and in which Blocks/Sectors etc): One Main Gate.
7. Access to Important Roads: See option D
8. Public Transport Access: Available through Ferozepur Road.
9. Distances to Major Landmarks of the City (e.g. Airport, Ring Road, Motorway etc, to put the location in perspective): Allama Iqbal International Airport Lahore is @ 23 kms of distance through Ring Road Lahore & 16 kms of distance through Cavalry Ground. Lahore Ring Road interchange is @ 9.8 kms of distance/ Kalma Chawk is @ 15 kms of distance.
10. Distances to Important Area Specific Landmarks like Major Schools, Hospitals, Public Parks, Market Areas: General Hospital is @ 6.7 kms of distance/ Hameed Latif Hospital is @ 2.8 kms of distance. Model Town Park is @ 2.7 kms of distance.
11. Unique features : Near to Model town Park.

 

1. Sponsors (Original): Armed Forces
2. Current Management (Current Owners/Management Committee): Armed Forces
3. System of Management (Owner Management, Election, Administrator): Administrator
4. Supervising Authority: Armed Forces

 

 

1. Pictures
2. Map Comparison: See point no. 1

1. Name of the Regulatory Authority of the concerned City: Armed Forces
2. Approving Authority: Armed Forces
3. Approval Status
   1. Full Approval: Yes
   2. Partial Approval: No
   3. Pending Approval: No
   4. No Approval: N/a
4. Approval No: N/a
5. Date of Approval: N/a
6. Number of Sectors Approved: All blocks are approved.
7. Any pending issues for approval: No

 

1. Total land: Approved: Yes
2. Total land: Unapproved: No
3. Total Area (Developed vs Undeveloped): 100% developed

 

1. Shopping facilities: Askari 5 has several local markets where residents can find daily necessities, groceries, and household items. These markets are conveniently located within the community, making shopping accessible.
2. Schools: No schools within the society premises. 
3. Banks and other financial services: No banks operational within the society premises. Most bank branches are operational nearby on Ferozpur Road.
4. Security and Policing: Model Town Police Station
5. Communal Activities (Clubs, Gyms, Libraries etc): None
6. Other Notable Recreational Activities: None
7. Public Parks: The society includes several parks where residents can enjoy outdoor activities, jogging tracks, and children's play areas, promoting a healthy lifestyle.
8. Famous Brands (e.g. Famous Restaurants, Grocery Stores, Supermarkets etc): See option (A) above.

 

1. Bus access: No
2. Rail Access: No
3. Intra-City Access: Through Ferozpur Road
4. Inter-City Access:  Through Ferozpur Road
5. Petrol Pumps: Available within 2 km of radius

 

1. Approach roads: Constructed & well maintained 
2. Electricity: Available 
3. Gas: Available 
4. Water Supply: Available 
5. Internal Roads Condition: Constructed & well maintained  
6. Internal Road Size (Various Sizes of Main, Branching, and Internal Roads): Main Boulevard is 100 feet wide. Other roads are 30 feet wide.
7. Sewerage: Laid & operational
8. Rain drainage: No
9. Internet: Available 
10. Security: Available 24/7
11. Cable TV: Available 
12. Availability of Schools, Mosques, Hospitals, Shopping Centers, Civic Club(s), Banks (inside and nearby): See point no. 9
13. Status of Cleanliness, Greenery Observed and other Roadside Plantations etc: Clean & well managed. 

 

1. Plots/Units Developed vs Undeveloped (percentage):100% developed
2. Various Plot/Unit Categories (percentage): Information not given on any government or local website.

 

1. Neighboring Housing Projects: Model Town/ Askari 4/ Garden Town
2. General Area Layout:
   1. West: Model Town
   2. South East: Askari 4
   3. South West: Nishtar Town
   4. North: Garden Town
3. Nearby Landmarks: Model Town Park/ Packages Mall

Dynamic Data Points

Dynamic Data Points are the Data Points that change often and with more frequency than the Archivable Data Points. These Data Points need to be changed i.e. the H.S.R needs to be updated or reviewed at least once a year.

 

1. What are they Primarily Selling?
   1. Files: No
   2. On-Ground Plots only: No (No plots available for sale, only houses)
   3. On-Ground Plots with Possession: No (No plots available for sale, only houses)
2. Approved/in-house/Authorized Property Dealers: 
3. Agencies e.g. Zameen, Agency 21, Graana: Zameen.com is actively working. 
4. Sale by Housing Society itself: No

 

1. Transfer of Ownership Mechanism:

2. Registry of Properties allowed: No
3. Property sold on an Allotment Letter: Allotment Letter.
4. Where does the Transfer take place: Transfer takes place in cantonment board office lahore.
5. Rate of Plot Transfer: Approx 22 lacs with all taxes for 10 marla houses.

 

1. In context Competing Housing Projects (different from neighboring Housing Projects): It is really hard to establish a direct competitor as Askari’s holds a benchmark status in housing projects all over Pakistan. One could argue that, when it comes to housing projects, some competitors by a small margin are Bahria Town Lahore, and Lake City. Otherwise, mostly the market compares Askari with residential areas like DHA,  Model Town, and LHR Cantt.

 

 

 

6. DC/ FBR Rate: No Information given on government website.

7. Overall Price Range/Variation of each Category of Unit/Plot

 

Houses	Prices
10 Marla House	5 crores to 5.8 crores
12 Marla House	Up to 6 crores
1 Kanal House	10 crores to 11 crores

 

 

Year	10 Marla House Prices
2021	4.23 crores
2022	3.16 crores
2023	3.67 crores
2024	crores

 

1. Any Actions (in Favor or Against) taken by Governmental Agencies and Financial Institutions: No

 

 

 

1. Monthly and Annual Fees for residents: 3,000/-
2. Transfer Fees charged by Society: No