Comparison of Property Rates between Islamabad and Lahore

Pakistan is by far one of the luckiest countries to experience 4 different seasons throughout the year. Along with variety of seasons the country also has some of the most beautiful hill stations, scenic sights and peaceful cities that make it one of a kind. The best thing about Pakistan is its capital which has been ranked as the second most beautiful capital in the world.

Capital Smart City 

Islamabad:

Islamabad is truly a sight to behold. The eco-friendly city is surrounded by heighted mountains and hills. The tranquility this city holds is incomparable. The super clean roads and millions of trees leave a lasting impression on whoever gets to visit this masterpiece of a city. The ultra-modern infrastructure and high end luxurious societies make Islamabad an experience that stays with you wherever you go.

Lahore:

What comes to your mind when you hear about historical buildings and scrumptious food? Lahore it is! Lahore is known for the vintage vibe it holds. The buildings, roads, eateries are true representation of customary lifestyle. As modern as the people of this city are, they still hold onto their traditional values. They have been passing their cultural values to all their generations and are still high spirited when it comes to keeping them alive.

Capitals:

While Islamabad enjoys the privilege of being the capital of Pakistan, Lahore enjoys being the capital of Punjab. Point being, both cities are unique and valuable in their own way yet the difference in rates of properties exist. Why is it so? Why is property more costly in Islamabad as compared to Lahore? There are certain reasons that have an impact on the prices of both cities.

Reasons:

Following are the reasons why property in Islamabad is expensive as compared to Lahore:

1.     Capital

2.     Hilly area

3.     Machinery required

4.     Foreigners

5.     Weather

The first reason is that Islamabad is the capital of the country. In any part of the world, estate in capitals is high priced as compared to other cities. Secondly the city is in the midst of hilly region. So to develop any residential or commercial space, the first challenge that comes forward is leveling the area. This process includes alleviating hills to begin with the construction which requires more machinery, more budget, more time consumption and labor. As this isn’t the case in Lahore, property in Islamabad becomes high-cost or sometimes over priced as well. Another factor is foreigners prefer living in the capital as they find it extremely clean and up to the mark. This increases the value of the property in Capital. Last but not the least is the weather of this city. The weather stays moderately cool throughout summers and even the winters are extremely enjoyable, which is why people prefer living here.

These factors increase the rate of property in Islamabad than Lahore. The best residential options that are available in the capital are Smart City Islamabad and Park View City. Capital Smart City Location  is the perfect choice due to its location whereas  Park View City Payment Plan is great in terms of its easily affordable. For more information regarding estate in Islamabad and Lahore, you should contact any marketing agency that has a good repute in the market.