PCSIR Employees Phase 1

PCSIR Employees Phase 1, Lahore
Data sourced from the internet. For reference only.

Details

Security Planned Layout Green Spaces Proximity to Institutions

PCSIR Employees Phase 1 was established by the Pakistan Council of Scientific and Industrial Research (PCSIR) as a residential colony for its employees. It is now a well-developed and stable community in Lahore, known for its planned infrastructure and high security standards. The area offers a comfortable living environment with essential amenities and good connectivity, making it a sought-after location.

  • Developer: Pakistan Council of Scientific and Industrial Research (PCSIR), a government body focused on employee welfare
  • Ideal For: Ideal for PCSIR employees and families seeking a secure, well-maintained residential community with good facilities and a stable environment.
AREA(Kanal)
773+

Map-calculated

block
2

In total

Plot
--

In total

Approved
Yes

Latest Updates

PCSIR Employees Cooperative Housing Society Phase 1 Lahore Remains a Mature, Fully Developed Residential Scheme with Active Secondary Market

PCSIR Employees Cooperative Housing Society Phase 1 in Lahore is an LDA-approved residential scheme established in 1982, fully developed with completed infrastructure—including streets, water, sewer, and electricity—and no ongoing new construction. Current activity is limited to secondary sales of plots and houses, with recent listings showing active transactions for 5 Marla houses priced between PKR 1.41 crore and PKR 2.45 crore. There are no recent government or developer announcements regarding expansion, upgrades, or new development initiatives for Phase 1.

Pestimate
Investment analysis
Investors
Conservative investors, first-time homebuyers, overseas Pakistanis
Recommend
For rental income: invest in ready-built 5-10 Marla houses in Phase 1. For capital appreciation: consider properties with renovation potential or nearby Phase 2 plots if available.
Holding period
5–10 years
Tips
Choose LDA-approved properties, avoid file investments, utilize installment plans for financing, and ensure proper documentation verification.
Investment Risks
Main risks include traffic congestion in the area, macroeconomic volatility affecting property prices, and risks from file investments or legal documentation issues.
Reviews

Living Standards

 

Offers a modern and luxurious lifestyle with well-planned infrastructure and comfortable living conditions.

Security

 

Gated community with 24-hour security guards and CCTV surveillance, ensuring a safe and secure living environment.

Amenities

 

Comprehensive amenities including 24/7 security, CCTV surveillance, carpeted wide roads, street lights, graveyard, mosques, parks, jogging tracks, malls, restaurants, cinemas, and proximity to schools, colleges, hospitals, banks, and ATMs.

Location

 

Prime location near University of Punjab, Allama Iqbal International Airport, Shaukat Khanum Hospital, and major roads like Canal Road and Tariq Chaudary Road, with easy access to key areas.

Environment

 

Eco-friendly environment with green parks, playgrounds, and climate-friendly initiatives.

Cost

 

Perception of higher property rates compared to neighboring societies.