Housing Society Report

Etihad Town Phase 1

Intelligence Report on Etihad Town Housing Society 

Report Summary

Etihad Town is an approved private housing society situated on Raiwind Road in Lahore. It is a gated community with one entry point. Blocks A, B, C, D, and E are approved by the LDA, while Royal Enclave 1 and 2 are not yet approved. The society is 80% developed and provides some civic facilities including shopping and banks. Property transfer requires obtaining an NDC from the society office and occurs at the head office within the society. The primary selling mechanism includes files and resale of on-ground plots with or without possession. The transfer fee for a 5 Marla plot is PKR 25,000/- (excluding taxes). Bank acceptance of property as collateral is available only on possession plots. The DC/FBR rates are PKR 900,000/- for residential plots and PKR 2,150,000/- for commercial plots. The cash price for a 5 Marla plot in 2024 ranges from 120 lacs to 140 lacs.

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: Etihad Town
2. Address: Etihad Town, Raiwind road lahore
3. Tel No.s: 042-111-99-88-77
4. Landline: 042-111-99-88-77
5. Cellphones: n/a
6. WhatsApp:n/a
7. URL: https://www.etihadtown.com.pk/
8. Email: info@etihadtown.com.pk
9. Google Coordinates: https://maps.app.goo.gl/QPCHobA6sJnCTQia7
10. Legal Formation (Private, Cooperative, Government, Other Authority etc): Private housing scheme
11. Supervising Authority (if any): LDA
12. Status of Approval (Approved vs Unapproved vs Partially Approved): Approved (Royal Enclave 1 & 2 are not approved by LDA yet)
13. Total Area (and Approved Area vs Unapproved Area percentage): 80%/20%
14. Maps (Society vs Approved): 

Society Map:

LDA approved Map:

15. Gated Community Status: Yes
16. Housing Society USP (if any): 5 kms from Orange line metro station/ Thokkar Niaz Baig is 6 kms.

 

1. Statutory Formation (Cooperative, Pvt Ltd., Public Ltd., Authority, Others) along with legislation under which formed: Private ltd
2. System of Election: No
3. Date of Incorporation: 2012
4. Date of Initial Launching of the Housing Society:2012

 

1. Address: Etihad Town, Raiwind road lahore
2. Coordinates:         https://maps.app.goo.gl/QPCHobA6sJnCTQia7
3. Overall Area/Town Name: Tehsil Raiwind 
4. Approach Road(s): Raiwind Road
5. Gated Community: Yes
6. Entry Points (Number of Gates and in which Blocks/Sectors etc): One 
7. Access to Important Roads: Through raiwind road only
8. Public Transport Access:Through raiwind road only 
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 is about 43.5 kms/ Thokkar Niaz Baig is about 6 kms/ Orange line metro station is 5 kms/ M2 interchange is 26.3 kms.
10. Distances to Important Area Specific Landmarks like Major Schools, Hospitals, Public Parks, Market Areas (if any): Punjab University Campus is 11.5 kms/ Services Institute of Medical Sciences (SIMS) is 18.4 kms
11. Unique features - location-wise, if any (e.g subcontinent’s first cooperative housing - MODEL TOWN LAHORE, starting point of orange train - PUNJAB UNIVERSITY HOUSING II, converging point of N-5, M-2 and M-11- MOTORWAY CITY, etc): Starting point of orange train is 5 kms 

 

1. Sponsors (Original): Mian Amir Mehmood
2. Current Management (Current Owners/Management Committee): Current Owners management
3. System of Management (Owner Management, Election, Administrator): Owners management 
4. Supervising Authority: LDA

 

 

1. Pictures
2. Map Comparisons: (See point no. 1 Archivable data points)

 

1. Name of the Regulatory Authority of the concerned City: Lahore Development Authority LDA
2. Approving Authority: LDA
3. Approval Status
   1. Full Approval: No
   2. Partial Approval: Yes
   3. Pending Approval: Yes
   4. No Approval: N/a
4. Approval No: Not Found
5. Date of Approval: 06-02-2021
6. Number of Sectors Approved: Block A,B,C,D & E
7. Any pending issues for approval: No

 

1. Total land: Approved: 1614.32 Kanals
2. Total land: Unapproved: Not found
3. Total Area (Developed vs Undeveloped): 80% developed
4. Distribution of Area (like)

 

1. Shopping facilities: Available 
2. Schools:No schools  
3. Banks and other financial services: Allied & dubai islamic
4. Security and Policing: Available 24/7
5. Communal Activities (Clubs, Gyms, Libraries etc): No
6. Other Notable Recreational Activities: No
7. Public Parks: Available & well maintained
8. Famous Brands (e.g. Famous Restaurants, Grocery Stores, Supermarkets etc) MacDonald is operational 

 

1. Bus access: Through raiwind road
2. Rail Access: Orange line metro station is 5 kms 
3. Intra-City Access: Through raiwind road & thokar niaz baig 
4. Inter-City Access: Through raiwind road
5. Petrol Pumps: Available in 5 kms radius on raiwind road

 

1. Approach roads: Constructed & well maintained 
2. Electricity: Available LESCO
3. Gas: Partially available 
4. Water Supply: Available 
5. Internal Roads Condition: Well constructed & maintained 
6. Internal Road Size (Various Sizes of Main, Branching, and Internal Roads): Main Boulevard is 150 feet, other roads are 35 feet
7. Sewerage: Constructed 
8. Rain drainage: No
9. Internet: Available 
10. Security: 24/7
11. Cable TV: Available 
12. Availability of Schools , Mosques, Hospitals, Shopping Centers, Civic Club(s), Banks (inside and nearby) : Mosques are operational, Allied & Dubai islamic banks are operational, hospitals and schools are available in 15 kms of radius.
13. Status of Cleanliness, Greenery Observed and other Roadside Plantations etc. Well Maintained 

 

1. Plots/Units Developed vs Undeveloped (percentage): 80%/20%
2. Various Plot/Unit Categories (percentage): ?

 

1. In context of Neighboring Housing Projects, General Area Layout, Nearby Landmarks: Thokkar Niaz Baig is 6 kms 

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: Yes
   2. On-Ground Plots only:Available only in resale 
   3. On-Ground Plots with Possession : Available in resale 
2. Approved/in-house/Authorised Property Dealers : NM Estate
3. Agencies e.g Zameen, Agency 21, Graana: zameen.com
4. Sale by Housing Society itself: Yes

 

1. Transfer of Ownership Mechanism: Following are the steps to transfer your plot of file for Etihad Town Lahore:

• The owner or the seller of the plot has to get an NDC (no demand certificate) form from the society office. This form is free of cost.
• Fill it up with details, sign & submit it to the one window cell with the following documents:
• NDC form
• Copy of allotment letter or ownership document (file)
• Transfer fee deposit slip (Transfer fee for 5 Marla plot is Rs. 25,000/- excluding stamp duties & taxes)
• Collect the NDC within the given time from the society office & set the transfer time.

2. Registry of Properties allowed: Yes
3. Property sold on an Allotment Letter: Yes
4. Where does the Transfer take place: Head office is located within society premises.
5. Rate of Plot Transfer: 25,000/-

 

1. In context Competing Housing Projects (different from neighbouring Housing Projects): Dream Gardens/ Lake City

 

4. Percentage of Populated Blocks/Areas/Sector: Block A,B,C,D are 50% Populated, Royal enclave 1,2 & A extensions are under development.

5. Bank’s acceptance of Housing Society Property as Collateral: Available only on possession plots

 

	Residential open Plot (per Marla)	Residential SuperStructure (per Sq.ft)	Commercial open Plot (per Marla)	Commercial Super Structure (per Sq.ft)
All Societies and Town in Rakh Khamba	740,600	2,000	1,735,290	2500

 

 

Unit	Price
5 Marla	1.20 crores to 1.45 crores
10 Marla	2.2 crores to 2.80 crores

 

 

 

Year	Price
2020	65,00,000/- Cash A,B,C Blocks
2021	85,00,000/- Cash
2022	Up to 1 crore in A,B,C Blocks
2023	1,20,0000/- on 1 years instalment Royal enclave block
2024	120 lakhs to 140 lakhs (Cash)

 

 

1. Any Actions (in Favour or Against) taken by Governmental Agencies and Financial Institutions: None

 

 

1. Monthly and Annual Fees for residents: 2,000 for 5 marla
2. Transfer Fees charged by Society: 25,000/- for 5 marla
3. Other means of earning for Society: None