Housing Society Report

Jubilee Town

Report Summary

Report describes Jubilee Town, an LDA's housing project located on Canal Road in Lahore. It is fully approved by the LDA. Incorporated in 1998, Jubilee Town offers various civic facilities, including schools, banks, public parks, and 24/7 security. Plot transfers are processed through the LDA's main office and involve a transfer fee of Rs. 7,000 per Marla for residential plots without taxes. According to LDA's claim, it is 65% populated. Banks do accept Jubilee Town property as collateral. The price range for a 3 Marla plot is PKR 65 lacs – 80 lacs, and a 1 Kanal plot ranges from PKR 5.5 Crore – 7 Crore. Neighboring housing projects include Bahria Town and DHA EME.

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: Jubilee Town
2. Address: Jubilee town canal road lahore
3. Tel No.s: 042-99262420
4. Landline: 042-99262420
5. Cellphones: N/a
6. WhatsApp: N/a
7. URL: Not found
8. Email: Not Found
9. Google Coordinates: https://maps.app.goo.gl/439bM8XRjyiTYCTz8
10. Legal Formation (Private, Cooperative, Government, Other Authority etc): LDA’s housing Project
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%
14. Maps (Society vs Approved)

Society Map

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LDA Map

15. Gated Community Status: Yes

 

1. Statutory Formation (Cooperative, Pvt Ltd., Public Ltd., Authority, Others) along with legislation under which formed: LDA’s housing project
2. System of Election: No
3. Date of Incorporation: 1998
4. Date of Initial Launching of the Housing Society: N/a

 

1. Address: Jubilee town canal road lahore
2. Coordinates: https://maps.app.goo.gl/439bM8XRjyiTYCTz8
3. Overall Area/Town Name: Mohlanwal
4. Approach Road(s): Canal Road/ defence road/ Multan road
5. Gated Community: Yes
6. Entry Points (Number of Gates and in which Blocks/Sectors etc) : Two (Main Canal road & Defence road)
7. Access to Important Roads: Through defence road & canal road
8. Public Transport Access: Available 
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 @ 34.5 kms of distance/ Motorway interchange is @ 9 kms of distance/ Thokar Niaz Baig is @ 13.1 kms of distance
10. Distances to Important Area Specific Landmarks like Major Schools, Hospitals, Public Parks, Market Areas (if any): Indus hospital is operational in Jubilee town lahore/ Punjab university is @ 17.4 kms of distance.
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): No

 

1. Sponsors (Original): Lahore Development Authority (LDA)
2. Current Management (Current Owners/Management Committee): LDA
3. System of Management (Owner Management, Election, Administrator) Administration
4. Supervising Authority (if any): LDA

 

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

 

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: N/a
6. Number of Sectors Approved: All blocks are approved (A-B-C-D-E-F)
7. Any pending issues for approval: No

 

1. Total land: Approved: 4040 Kanals
2. Total land: Unapproved: None
3. Total Area (Developed vs Undeveloped): 100% developed
4. Distribution of Area (like): According to LDA’s bylaws

 

1. Shopping facilities: Available 
2. Schools: Six schools are operational 
3. Banks and other financial services: All banks available 
4. Security and Policing: Thokar niaz baig police station
5. Communal Activities (Clubs, Gyms, Libraries etc): Gyms available 
6. Other Notable Recreational Activities: No
7. Public Parks: Available on 282 kanals 
8. Famous Brands (e.g. Famous Restaurants, Grocery Stores, Supermarkets etc): None

 

1. Bus access: Available through defence road & canal road
2. Rail Access: No
3. Intra-City Access: Available through defence road & canal road
4. Inter-City Access: Available through defence road & canal road
5. Petrol Pumps: Attock petrol pump is operational within the society premises.

 

1. Approach roads: Constructed & maintained 
2. Electricity: Available 
3. Gas: Available 
4. Water Supply: Available 
5. Internal Roads Condition: Average 
6. Internal Road Size (Various Sizes of Main, Branching, and Internal Roads): 150 feet wide main boulevard 
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) : All amenities available 
13. Status of Cleanliness, Greenery Observed and other Roadside Plantations etc: Average 

 

1. Plots/Units Developed vs Undeveloped (percentage): 100% developed plots
2. Various Plot/Unit Categories (percentage): Not Found

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

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: 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. Transfer of Ownership Mechanism: Applicant has to submit an application along with a transfer set including copies of ID card, Recent photographs, copy of ownership certificate of seller and purchaser as well as declaration of seller and purchaser. After issuance & submission of transfer fee, applicant has to submit application along with the copy of paid challan, stamp duty & CVT etc. (Plot transfer procedure done in LDA’s main office johar town lahore)
2. Registry of Properties allowed: Yes
3. Property sold on an Allotment Letter: Yes
4. Where does the Transfer take place: LDA’s Main office johar town
5. Rate of Plot Transfer: 7,000 per marla for residential plots without taxes

 

1. In context Competing Housing Projects (different from neighboring Housing Projects): Nespak phase/ Canal Gardens

 

 

 

	Residential open Plot (per Marla)	Residential SuperStructure (per Sq.ft)	Commercial open Plot (per Marla)	Commercial Super Structure (per Sq.ft)
Jubilee Town	895,600	2,000	1,382,350	2,500

 

Area Size	Price Range
3 Marla	PKR 65 lacs – 80 lacs
5 Marla/10 Marla	Not Available
1 Kanal	PKR 5.5 Crore – 7 Crore

 

 

 

Year	5 Marla Prices
2020	52.35 lacs
2021	65.68 lacs
2022	81 lacs
2023	91 lacs
2024	90 lacs

 

 

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

 

 

 

1. Monthly and Annual Fees for residents (if any) : 3000/- for 5 marla
2. Transfer Fees charged by Society: 7,000/- per marla
3. Other means of earning for Society: No