Housing Society Report

Green Fort Phase II 

Report Summary

The report details Green Fort Phase II, situated on Canal Road in Lahore. This is a private housing society fully approved by the LDA. Launched after its incorporation in 1994, Green Fort Phase II boasts 100% developed land and offers amenities such as electricity, gas, and operational water supply. Plot transfers necessitate an NDC from the society office and include a transfer fee of Rs. 125,000 per kanal. The society is 90% populated. The price for a 4 Kanal plot is around PKR 14 crore, and an 8 Kanal plot is approximately PKR 28 crore. The surrounding area includes DHA EME and Sukhchayn.

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. Basic Information and Overview
    1. Name: Green Fort 2 
    2. Address: Green Fort canal road lahore
    3. Tel No.s: 0300 4445955
    4. Landline: 0300 4445955
    5. Cellphones: 0300 4445955
    6. WhatsApp: 0300 4445955
    7. URL: Not found
    8. Email: Not found
    9. Google Coordinates: https://maps.app.goo.gl/eLwhaMiq2NA8KSbx6
    10. Legal Formation (Private, Cooperative, Government, Other Authority etc): Private
    11. Supervising Authority (if any): LDA
    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):

Society Map/LDA Map Phase 2

image

 

    1. Gated Community Status: Yes
    2. Housing Society USP (if any): No

 

  1. Legal Formation
    1. Statutory Formation (Cooperative, Pvt Ltd., Public Ltd., Authority, Others) along with legislation under which formed: Private
    2. System of Election (if any): No
    3. Date of Incorporation: 1994
    4. Date of Initial Launching of the Housing Society (if available): N/a

 

  1. Location
    1. Address: Green Fort canal road lahore
    2. Coordinates: https://maps.app.goo.gl/eLwhaMiq2NA8KSbx6
    3. Overall Area/Town Name: Phase 2 is falling in Mouza Chung Panjgraen & Kangra/ Phase 4 is falling in Mouza Rakh Khamba & Khaliq Abad.
    4. Approach Roads: Canal Road
    5. Gated Community: Yes
    6. Entry Points (Number of Gates and in which Blocks/Sectors etc): Two (Main Canal road & Multan Road)
    7. Access to Important Roads: Through canal road & Multan Road
    8. Public Transport Access: Available through canal 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 is @ 30.8 kms of distance/ Motorway M2 interchange is @ 5.1 kms of distance/ Thokar Niaz Baig is @ 9.2 kms of distance
    10. Distances to Important Area Specific Landmarks like Major Schools, Hospitals, Public Parks, Market Areas (if any): Indus Hospital is @ 6.3 kms of distance/ Punjab university is @ 13.5 kms of distance
  1. Current Management and/or Sponsors 
    1. Sponsors (Original): Abid Group
    2. Current Management (Current Owners/Management Committee): Current owners
    3. System of Management (Owner Management, Election, Administrator): Owners Management
    4. Supervising Authority: LDA

 

  1. Recent Pictures

image

  1. Date Started and History of Additions/Extensions
    1. Pictures
    2. Map Comparisons: See point no.1

 

  1. Approvals Status
    1. Name of the Regulatory Authority of the concerned City: LDA
    2. Approving Authority:LDA
    3. Approval Status
      1. Full Approval: Yes
      2. Partial Approval: No
      3. Pending Approval: No
      4. No Approval: N/a
    4. Approval No: Not found
    5. Date of Approval: Not Found
    6. Number of Sectors Approved: All Blocks are approved
    7. Any pending issues for approval: No

 

  1. Total Area Distribution
    1. Total land: Approved: 2364.88 kanals
    2. Total land: Unapproved: None
    3. Total Area (Developed vs Undeveloped): 100% developed
    4. Distribution of Area (like)

image

 

  1. Civic Facilities
    1. Shopping facilities: None
    2. Schools: No
    3. Banks and other financial services: Allied Bank only
    4. Security and Policing: Thokar Niaz Baig police station
    5. Communal Activities (Clubs, Gyms, Libraries etc): No
    6. Other Notable Recreational Activities: No
    7. Public Parks: No
    8. Famous Brands (e.g. Famous Restaurants, Grocery Stores, Supermarkets etc): None

 

  1. Transport - Intercity and Intracity
    1. Bus access: Through canal road
    2. Rail Access: No
    3. Intra-City Access:Through canal road
    4. Inter-City Access:Through canal road
    5. Petrol Pumps: Available in 3 kms radius

 

  1. Status of Development and Amenities Offered
    1. Approach roads: Constructed & well maintained
    2. Electricity: Available 
    3. Gas: Available 
    4. Water Supply: Operational 
    5. Internal Roads Condition: well maintained 
    6. Internal Road Size (Various Sizes of Main, Branching, and Internal Roads): 150 feet main boulevard other branching roads are 40 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): SA Medical Diagnostic center & Abdus sami foundation operational within the society.  All amenities available in DHA EME (Green fort 2 & DHA EME is connected through link road)
    13. Status of Cleanliness, Greenery Observed and other Roadside Plantations etc: Super clean & green.

 

  1. Total number of Plots/Units and their Categories
    1. Plots/Units Developed vs Undeveloped (percentage): 100% developed
    2. Various Plot/Unit Categories (percentage): All units are 5 kanals to 8 kanals

 

  1. Surroundings
    1. In context of Neighboring Housing Projects, General Area Layout, Nearby Landmarks: DHA EME/ Sukhchayn


 

 

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. General Selling Mechanism
    1. What are they Primarily Selling?
      1. Files: No
      2. On-Ground Plots only: Yes
      3. On-Ground Plots with Possession : Yes
    2. Approved/in-house/Authorized Property Dealers : None
    3. Agencies e.g Zameen, Agency 21, Graana: Zameen.com
    4. Sale by Housing Society itself: No

 

  1. Plot Ownership Status 
    1. Transfer of Ownership Mechanism: : Following are the steps to transfer your plot:
    1. Registry of Properties allowed: Yes 
    2. Property sold on an Allotment Letter: Yes
    3. Where does the Transfer take place: Society office located in society premises
    4. Rate of Plot Transfer: 125,000/- per kanal

 

  1. Competition
    1. In context Competing Housing Projects (different from neighboring Housing Projects): None

 

  1. Percentage of Populated Blocks/Areas/Sectors: 90% populated 

 

  1. Bank’s acceptance of Housing Society Property as Collateral: No

 

  1. DC/ FBR Rates: 

 

Residential open Plot (per Marla)

Residential SuperStructure (per Sq.ft) 

Commercial open Plot (per Marla)

Commercial Super Structure (per Sq.ft) 

Green Fortees Phase-II 

915,600  

2,000

2,941,170 

2,500

 

 

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

Area Size

Price Range

4 Kanal

PKR  14 crore

8 Kanal

PKR 28 crore

 

 

  1. Price Model of the last 5 years: Not Found

 

  1. Legal Problems - Faced by the Housing Society
    1. Any Actions (in Favour or Against) taken by Governmental Agencies and Financial Institutions: No

 

  1. Legal Problems - Faced by Clients of the Housing Society: No

 

  1. Recent News (Print, Electronic, Social Media) in Favour and Against: Not found

 

  1. Other Applicable After-Sale Charges
    1. Monthly and Annual Fees for residents: 5000 
    2. Transfer Fees charged by Society: 125,000/- per kanal
    3. Other means of earning for Society: No