Al Noor Park New Extension

Main Sharaqpur Road near Faizpur Interchange, Lahore, Punjab, Pakistan
Data sourced from the internet. For reference only.

Details

LDA-Approved Gated Community Modern Infrastructure Comprehensive Amenities Strategic Location

Al Noor Park New Extension is an LDA-approved, gated residential community on Lahore's Main Sharaqpur Road. It is developed by Al Jalil Developers as part of the larger Al Noor Orchard project. The community offers a modern, well-connected lifestyle with a range of residential plots, comprehensive amenities, and a secure environment. It is designed to provide a low-maintenance, family-oriented living experience with strong investment potential.

  • Developer: Al Jalil Developers (a trusted name in Lahore real estate with a reputation for quality projects like Al Jalil Garden and Al Bari Residencia)
  • Ideal For: Well-suited for families seeking a secure, modern lifestyle, as well as investors and first-time homebuyers looking for a well-connected project with strong appreciation potential.
AREA(Kanal)
63+

Map-calculated

BLOCK
--

In total

Plot
--

In total

Approved
No

Latest Updates

A-Block Extension Launch with 60-Day Possession Guarantee

Al-Noor Orchard has launched a new A-Block extension, offering on-ground plots with a 60-day possession guarantee and a flexible three-year payment plan. This new phase is being actively marketed as a key development within the larger project.

Ongoing Infrastructure Development in C-Block

Development work is actively progressing in C-Block, with ongoing activities including sewerage disposal systems, tuff-tile road surfacing, and main-line infrastructure installation. A new connector road between Blocks C and D to West Marina has also been inaugurated, improving accessibility and property values.

File Merging Offer to Al-Jalil Garden Plots

The project developers are offering an opportunity for existing Al-Noor Orchard file holders to merge their files into on-ground plots at the adjacent Al-Jalil Garden for immediate possession. This appears to be a strategy to address investor concerns regarding possession delays in the main project.

Investor Concerns and Regulatory Scrutiny

The project is facing investor protests and regulatory scrutiny. The National Accountability Bureau (NAB) has reportedly taken action against Al Noor Orchard society management. Investors are raising concerns over delays in possession and development, particularly in areas like West Marina, despite having made full payments.

Transition to Resale Market for Developed Plots

The project has entered a mature stage where the main blocks are fully developed. The developer is no longer launching new products, and plots are now primarily available through the resale market at prevailing market rates. This indicates a shift from pre-launch bookings to secondary market transactions.

Pestimate
Investment analysis
Investors
First-time homebuyers, budget-conscious investors, and those seeking affordable LDA-approved plots with installment options.
Recommend
For rental income: consider purchasing ready-built properties in developed blocks like Phase 1 for immediate rental yield. For capital appreciation: invest in plots in the new extension (3-4 marla) due to proximity to Ravi Riverfront and Faizpur interchange for long-term growth.
Holding period
3-5 years for optimal returns based on projected 30-40% ROI.
Tips
Verify construction status and developer delivery track record; secure clear title and LDA approval; assess installment plan terms carefully; avoid file investments and focus on physical plots.
Investment Risks
Risks include possession delays (as seen in protests), infrastructure delivery delays, legal title issues, market volatility, and dependency on developer performance. Macroeconomic factors may also impact returns.
Reviews

Amenities

 

Includes essential amenities such as masjid, school, gas supply, playgrounds, parks, and recreational areas.

Property Variety

 

Offers a range of plot sizes including 5 marla, 10 marla, and 1 kanal, ready for construction.

Location Advantage

 

Strategically located near Faizpur Interchange and the upcoming Ravi Riverfront project, offering good connectivity and potential for property value appreciation.

Security

 

24/7 security with CCTV surveillance and gated community for enhanced safety.

Legal Approval

 

Fully approved by Lahore Development Authority (LDA), ensuring legal compliance and security for investors.

Infrastructure

 

Features wide road network, underground utilities, and eco-friendly environment with green belts.

Payment Flexibility

 

Low down payment of 30% and flexible three-year installment plan available.

Possession Delays

 

Occasional delays in possession of plots or houses.

Sources

Traffic

 

Traffic congestion during peak hours.

Sources

Utility Issues

 

Intermittent water supply shortages and frequent power outages affecting daily living.

Sources