Elite Town
Details
Elite Town Lahore is a mixed-use housing scheme launched in 1998, located on Ferozpur Road near Kalma Chowk and adjacent to DHA Phase 8. It offers a range of residential and commercial plots with modern architecture, wide-road access, and basic utilities in progress. The scheme is designed to provide a comfortable and secure lifestyle, leveraging its proximity to major arterial roads for easy connectivity across Lahore.
- Developer: Chohan Real Estate Consultants & Developers
- Ideal For: Ideal for families, investors, overseas Pakistanis, and entrepreneurs seeking affordable, LDA-approved properties in a developing yet well-connected neighborhood.
Map-calculated
In total
In total
Latest Updates
NAB Plea Bargain Agreement with Elite Town Lahore Owner for Rs 2.181 Billion Compensation
The National Accountability Bureau (NAB) has initiated a plea bargain agreement with the owner of Elite Town Lahore, requiring a payment of Rs 2.181 billion to compensate 1,789 affected buyers. This follows the arrest of the society’s owner for allegedly selling non-existent plot files — a major cheating public at large case. The recovered funds are earmarked for disbursement to verified complainants, reinforcing NAB’s broader campaign to recover ill-gotten wealth and restore public trust in housing schemes.
Ongoing Legal & Financial Controversy Impacts Investment Perception Despite Habitability
Elite Town Lahore remains under intense legal and financial scrutiny, with its reputation significantly damaged by NAB’s high-profile investigation. While existing homeowners confirm the society is still habitable and functional, market analysts report that property values are appreciating at only 3–4% annually — markedly slower than 10% gains seen in trusted schemes like DHA Lahore or Bahria Town. This divergence reflects persistent investor skepticism rooted in unresolved accountability issues and lack of regulatory rehabilitation.
House Price
PKR 6337/sq.ft
YoY N/A
Plot Price
PKR 1853/sq.ft
YoY N/A
Commercial Price
PKR 7475/sq.ft
YoY N/A
Promises basic community amenities such as a park, mosque, and commercial strip, with modern architecture.
Low-cost plots and homes available, including affordable 10-marla and larger plots.
Layout appears to have received TMA approval, indicating some level of regulatory compliance.
Convenient location on the main Ferozepur Road corridor, providing easy access.
Legal battles over ownership due to fraudulent sales and unresolved complaints.
Residents still waiting for NAB-promised reimbursements or resolution of their complaints.
Inadequate security measures and poor maintenance services within the society.
Developer's key figure arrested by NAB for selling non-existent plot files, leading to widespread scam allegations.
Poor road construction, delayed or incomplete utility connections (water, electricity, sewage), and unfulfilled infrastructure promises.