Lake City
Details
Lake City Lahore is one of Pakistan's largest and most prestigious master-planned, gated residential communities, located strategically near the Lahore Ring Road. Developed under the leadership of Dr. Gohar Ejaz, the society spans over 1,500 acres and offers a luxury, self-contained lifestyle centered around an 18-hole PGA-standard golf course. It is fully approved by the Lahore Development Authority (LDA) and features modern infrastructure including wide roads, underground utilities, and a variety of residential and commercial sectors.
- Developer: Lake City Holdings Pvt. Ltd., led by Dr. Gohar Ejaz (also Chairman of the Ejaz Group of Companies), known for reliable development and quality construction.
- Ideal For: Ideal for corporate executives, overseas returnees, high-net-worth families, and investors seeking a secure, luxury gated community with strong appreciation potential and modern amenities.
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Latest Updates
Rapid Development and Impending Possession in Lake City Meadows Phase 1 Extension
Infrastructure work in the Phase 1 Extension of Lake City Meadows (formerly State Life) is progressing swiftly, with main roads and streetlights nearing completion in Blocks G, J, and Double F. Possession for G and J blocks is anticipated within the next few months, potentially by mid-2026. This progress is driving significant investor interest and price appreciation.
New Project Launches and Community Milestones in Lake City
Lake City Lahore continues to expand its portfolio with new project launches. The ground-breaking ceremony for Lake City Townhouses, designed by renowned architect Nayyar Ali Dada, was held, marking the start of vertical construction for affordable housing. Additionally, a new 14,000 sq ft commercial project has been launched, and the Roof Gardens luxury apartments are approaching delivery.
Current Plot Prices and Market Valuation for Lake City Properties
As of April 2026, plot prices in Lake City Lahore reflect its premium status. 5 Marla plots range from approximately PKR 70 Lakh to 1.3 Crore, 10 Marla plots from PKR 1.5 Crore to 2.7 Crore, and 1 Kanal plots from PKR 3.5 Crore to 5 Crore plus. Prices vary based on block, location, and development status.
Strategic Rebranding and Development of Lake City Meadows (Ex-State Life)
Lake City Lahore's acquisition and rebranding of the former State Life Housing Society into Lake City Meadows is a major institutional shift. The developer has assumed management of Phase 1, Phase 1 Extension, and Phase 2, committing to upgrade infrastructure. A key action is the mandatory conversion of older Phase 2 files into smaller, developed plots (e.g., 14 Marla to 8 Marla) to resolve land shortages and expedite possession.
Announcement of Upcoming IT Park and High-Tech Transformation
Lake City Lahore is set for a high-tech transformation with the upcoming IT Park, which is slated to become a hub for innovation and creativity. This development marks a strategic expansion beyond residential and commercial into the technology sector.
House Price
PKR 2202/sq.ft
YoY +7.16%
Plot Price
PKR 9720/sq.ft
YoY +11.86%
Commercial Price
PKR 98683/sq.ft
YoY N/A
Proximity to reputed educational institutions and well-equipped hospitals, with schools and medical facilities within or near the society.
Offers good investment opportunities with rising property values and legal approval by LDA.
Strategically located on Raiwind Road with easy access to Lahore Ring Road, nearby schools, hospitals, shopping malls, and commercial hubs.
Separate residential and commercial zones creating a peaceful, green environment with less noise and traffic.
Reliable water and power supply with a dedicated power plant providing 24-hour electricity.
High-end infrastructure with extensive amenities including musical dancing fountain, over 40 parks, golf club, 3D cinemas, sports complexes, and dedicated power plant.
Abundant recreational facilities including parks, golf course, cinemas, sports complexes, and entertainment areas.
Gated community with 24/7 security, CCTV surveillance, guard patrols, and controlled entry points.
Limited commercial facilities for small plot owners, with sparse retail options compared to areas like DHA.
High prices for residential villas and commercial plots, making them less affordable.