Housing Society Report

Park View City Lahore

Report Summary

This report outlines Park View City (also known as Ravi Edge Housing Scheme), located on Multan Road in Lahore. It is a private housing scheme with 100% approval, with some blocks approved by the LDA and the majority approved by RUDA. Launched after its incorporation in 2012, Park View City offers amenities like shopping facilities, schools, banks, and 24/7 security. Plot transfers require an NDC from the society office, and the transfer fee for a 5 Marla plot is 71,000/-. The Jade, Jasmin, and Sapphire blocks are around 80% populated, while other blocks range from 30% to 40%. Banks only approve employee loans in the Jade, Jasmin, and Sapphire blocks. Market sources indicate that plots have gained significant value in the last five years. There have been recent reports of police operations against land grabbing in Park View City. Bahria Town is a neighboring housing project.

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: Park View City ( Also Known as Ravi Edge Housing Scheme)
2. Address: 3 KM, Multan Road lahore
3. Tel No.s: 042 111 249 249
4. Landline: 042 111 249 249
5. Cellphones: 0301 1 249 249
6. WhatsApp: 0301 1 249 249
7. URL: https://parkviewcity.com.pk/lahore/
8. Email: lahore@parkviewcity.com.pk
9. Google Coordinates: https://maps.app.goo.gl/Lds9RkdjTAFHqBez8
10. Legal Formation (Private, Cooperative, Government, Other Authority etc): Private 
11. Supervising Authority (if any): Ravi Urban Development Authority (RUDA)
12. Status of Approval (Approved vs Unapproved vs Partially Approved): All approved ( Jade/ Jasmin/ Sapphire are only blocks approved by LDA. Other blocks are approved by RUDA measuring 11209.8 kanals land)
13. Total Area (and Approved Area vs Unapproved Area percentage): 100% Approved 
14. Maps (Society vs Approved):

Society Map

Approved Map/Doc from RUDA:

15. Gated Community Status: Yes
16. Housing Society USP (if any): No

 

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

 

1. Address:  3 KM, Multan Road lahore
2. Coordinates: https://maps.app.goo.gl/Lds9RkdjTAFHqBez8
3. Overall Area/Town Name: Kanjra
4. Approach Road(s): Okara/ Multan road
5. Gated Community: Yes
6. Entry Points (Number of Gates and in which Blocks/Sectors etc) : Two entry points on multan road
7. Access to Important Roads: Through multan road NH5
8. Public Transport Access: Available through main multan road NH5
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 @ 29.1 kms of distance/ Motorway M2 interchange is @ 3.9 kms of distance/ Thokar Niaz Baig is @ 5.7 kms of distance
10. Distances to Important Area Specific Landmarks like Major Schools, Hospitals, Public Parks, Market Areas: Services hospital lahore is @ 18.6 kms of distance/ Punjab university campus is @ 11.7 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): Located on Main multan road NH 5 with nearest distance of motorway M2 interchange.

 

1. Sponsors (Original): Aleem Khan
2. Current Management (Current Owners/Management Committee): Current Owners
3. System of Management (Owner Management, Election, Administrator): Owners management 
4. Supervising Authority (if any): RUDA

 

 

1. Pictures
2. Map Comparisons: Please see point no. 1

 

1. Name of the Regulatory Authority of the concerned City: Ravi Urban Development Authority RUDA
2. Approving Authority: RUDA
3. Approval Status
   1. Full Approval: Yes
   2. Partial Approval: No
   3. Pending Approval: No
   4. No Approval: None
4. Approval No: RUDA/D & BC/HS-0009/75
5. Date of Approval: March 4, 2024
6. Number of Sectors Approved: All sectors are approved
7. Any pending issues for approval: No

 

1. Total land: Approved: 11209.8
2. Total land: Unapproved: N/a
3. Total Area (Developed vs Undeveloped): 70% developed
4. Distribution of Area: Not Found

 

1. Shopping facilities: Available 
2. Schools: National school & college
3. Banks and other financial services: Bank Alfalah/ MCB Bank/ Allied Bank/ Soneri Bank/ Bank of Punjab
4. Security and Policing: Thokar Niaz Baig police station
5. Communal Activities (Clubs, Gyms, Libraries etc): Sports club/ gym available 
6. Other Notable Recreational Activities: Zoo is available 
7. Public Parks: Available 
8. Famous Brands (e.g. Famous Restaurants, Grocery Stores, Supermarkets etc): Fry chicks/ fork & knife/ Houle hens/ hen n bun

 

1. Bus access: Available through NH-5 
2. Rail Access: No
3. Intra-City Access: Through NH-5 & M2 
4. Inter-City Access: Through NH-5
5. Petrol Pumps: Available within 3 kms of radius

 

1. Approach roads: Constructed & well maintained
2. Electricity: Available 
3. Gas: Available in jade/jasmin & sapphire blocks only
4. Water Supply: Available 
5. Internal Roads Condition: Well maintained 
6. Internal Road Size (Various Sizes of Main, Branching, and Internal Roads):Mian boulevard is 150 feet wide/ other branching roads are 35 feet
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 are available within the society premises
13. Status of Cleanliness, Greenery Observed and other Roadside Plantations etc: Well maintained 

 

1. Plots/Units Developed vs Undeveloped (percentage): 80% plots are developed 
2. Various Plot/Unit Categories (percentage): Not Found

 

1. In context of Neighboring Housing Projects, General Area Layout, Nearby Landmarks: Bahria Town

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 for sale 
   3. On-Ground Plots with Possession : Available for sale
2. Approved/in-house/Authorized Property Dealers : Square land/ fair deal/ Move marketing
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:

• 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 71,000/-)

2. Registry of Properties allowed: No
3. Property sold on an Allotment Letter: Yes
4. Where does the Transfer take place: Head Office located within the society premises
5. Rate of Plot Transfer: 14,000/- per marla

 

1. In context Competing Housing Projects (different from neighboring Housing Projects): Bahria Town/ DHA EME

 

 

5. Bank’s acceptance of Housing Society Property as Collateral: Banks only approved its employees loan in Jade / Jasmin & Sapphire block.

6. DC/ FBR Rates:

	Residential open Plot (per Marla)	Residential SuperStructure (per Sq.ft)	Commercial open Plot (per Marla)	Commercial Super Structure (per Sq.ft)
Park View / River Edge (Kanjra)	1,120,600	2,000	2,229,800	2,500

 

 

 

 

Year	5 Marla Prices
2020	43.84 lacs
2021	46.26 lacs
2022	55 lacs
2023	57.34 lacs
2024	54.08 lacs

 

1. Any Actions (in Favour or Against) taken by Governmental Agencies and Financial Institutions:

Lahore Police Launches Operation Against Land Grabbing Mafia In Park View City. 

Source: https://propakistani.pk/proproperty/lahore-police-lunches-operation-against-land-grabbing-mafia-in-park-view-city/

 

 

 

 

 

1. Monthly and Annual Fees for residents (if any): 2,400/- for 5 marla house
2. Transfer Fees charged by Society: 71,000/- for 5 marla plot
3. Other means of earning for Society: No