Prime Homes Phase 2
Details
Prime Homes Phase 2 is an affordable residential development situated within Etihad Town Phase 2 on Jia Bagga Road, off Lahore Ring Road. It is a gated community featuring low-budget, two-story, two-bedroom townhouses designed for modern family living. The project's core appeal lies in its highly accessible location near major arterial routes and a flexible 2-year installment plan with a low down payment.
- Developer: Prime Homes (the in-house development arm of Prime Property)
- Ideal For: This project is especially suitable for first-time homebuyers, young families, and cost-conscious investors seeking an affordable entry into Lahore’s real estate market.
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Latest Updates
Etihad Town Phase 2 Lahore Development Progress and New Payment Plans
Etihad Town Phase 2, a major LDA-approved housing society on Raiwind Road, is showing significant on-ground development. Blocks A-D are reported to be fully developed and possession-ready, with the 100-foot main boulevard and internal roads paved. Key amenities like an operational cricket stadium and a Grand Mosque nearing completion are highlighted. The developer has introduced a new payment schedule announced in March 2026, featuring a 10% down payment followed by quarterly installments over three years, with a PKR 1 million discount for plots up to 5 Marla. Commercial plots along the main boulevard are also being actively marketed.
Executive Block Map Selection and Balloting Drive Announced for Etihad Town Phase II
The management of Union Developers has announced an exclusive map selection and balloting schedule for the Executive Block at Etihad Town Phase II. A tiered qualification system based on payment clearance percentage was established for participation in a drive held in June 2026. Members clearing 90%, 80%, and 70% of dues within specific date windows gained priority for direct plot selection, with a minimum of 50% clearance required to qualify for the balloting process.
Lake City's Merger with State Life Housing Society (Lake City Meadows) Updates
A significant merger has been finalized, with Lake City taking over the management of the former State Life Housing Society phases, now rebranded as Lake City Meadows. This has led to revised plot sizes in Phase 2 (e.g., 14 Marla files converted to 8 Marla) with associated development charges. The merger is seen as enhancing the project's value, with Lake City targeting completion within 36 months. The area is highlighted as a strong short-term investment opportunity with low transfer costs.
Al Rehman Garden Phase 2 Marketing and Payment Plan Update
Al Rehman Garden Phase 2, an LDA-approved project on Lahore-Jaranwala Road, is being actively promoted with an updated payment plan for 2026. The society offers a variety of plot sizes (3 Marla to 2 Kanal) and highlights facilities including a hospital, community club, shopping mall, and sports stadium.
Offers or promises modern amenities including parks, playgrounds, mosques, schools, healthcare facilities, commercial areas, and access to nearby brand outlets.
Developed by the established Etihad Group. The project/society is LDA-approved, ensuring legal safety and reliability for investors.
Well-planned modern infrastructure with contemporary architectural design, spacious layouts, wide paved roads, landscaped green spaces, and underground electrification.
Gated community with 24/7 security, ensuring a safe and peaceful environment for families.
Prime location on Raiwind Road providing quick access to major highways, commercial hubs, Ring Road, and key areas like Thokar Niaz Baig and the airport.
Considered a good investment with high ROI potential, strong capital appreciation expectations, and good rental yield due to location and development.
Promises and often delivers early possession (within a year of booking in some cases). The development is progressing rapidly.
Relatively affordable entry point with prices starting around PKR 99 lacs and offers flexible, easy installment plans (e.g., 2-year plans) making ownership accessible.
As a relatively new and rapidly developing society, conditions, possession status, and utility availability can vary block by block, requiring thorough verification before purchase.
Instances where promised community facilities (amenities) were slower to materialize than expected.
General risk in Lahore's real estate market of investing in unapproved or illegal housing societies on Raiwind Road. Buyers must verify LDA approval to avoid fraud, though this is a market-wide caution not specific to this project.
Rapid demand has driven plot and house prices higher than initially advertised, reducing affordability over time.
Some residents/owners have experienced delays in the connection of utilities such as water and electricity, and occasional water-supply inconsistencies.