Pak Arab Housing Society

Ferozepur Road & Defence Road, near Lahore Race Club, Lahore, Punjab, Pakistan
Data sourced from the internet. For reference only.

Details

Affordable Housing Gated Community Prime Location Flexible Installments

Pak Arab Housing Society is an LDA-approved private residential scheme launched in 2003 by Pak Arab Developers, a subsidiary of the WAK Group. It spans approximately 1,200 kanal across two phases, with development largely completed. The project offers affordable residential and commercial plots in sizes like 3, 5, and 10 Marla, with flexible payment options. Key features include gated security, basic utilities, and excellent connectivity to major thoroughfares such as Kalma Chowk and Lahore Ring Road.

  • Developer: Pak Arab Developers, a subsidiary of the WAK Group, known for developing economical housing projects.
  • Ideal For: Ideal for middle- and lower-middle-income families, first-time homebuyers, and investors seeking low-cost housing with good connectivity and appreciation potential.
AREA(Kanal)
4186+

Map-calculated

phase
1

In total

Plot
--

In total

Approved
Yes

Latest Updates

NAB Seizes Rs 3.9 Billion Assets in Pak Arab Housing Society Fraud Case for Victim Compensation

The National Accountability Bureau (NAB) Lahore has seized eight properties valued at Rs 3.9 billion belonging to the owners of Pak Arab Housing Society Lahore, as part of an ongoing fraud investigation. These assets are now in NAB’s custody and will be liquidated to compensate approximately 2,500 affected investors. This action follows earlier recoveries totaling Rs 2.26 billion for 2,300 victims, with a separate Rs 3.2 billion tranche already disbursed in the Eden Housing case. On-ground reports continue to highlight severe delays in plot possession, stalled construction, and widespread buyer complaints.

NAB Lahore Holds Open Hearing with Pak Arab Housing Society Victims Amid Ongoing Investigations

NAB Lahore Director General Ghulam Safdar Shah held an open hearing with victims of multiple housing scams, including Pak-Arab Housing Society, assuring redressal of grievances and issuing on-the-spot directives. While no new asset seizures or disbursements were announced specifically for Pak Arab during this hearing, the session reaffirmed NAB’s zero-tolerance stance and commitment to expediting justice for defrauded investors across several high-profile cases.

Ongoing Development Delays and Market Listings Contradict Official Progress Claims for Pak Arab Housing Society

Despite claims of phased development—particularly Phase 1 completion and Phase 2 under construction—on-ground assessments consistently report severe delays in plot possession, stalled infrastructure, and incomplete civic amenities. Concurrently, real estate platforms like Zameen.com list newly constructed houses in Phase 2 (e.g., Block Vital AA) for sale at prices up to PKR 2.4 crore, raising concerns about authenticity and regulatory compliance given the unresolved fraud status and LDA approval verification requirements per phase.

Pestimate
Investment analysis
Investors
Conservative investors, first-time homebuyers, overseas Pakistanis, and middle-level investors seeking affordable installment plans.
Recommend
For capital appreciation: Purchase 5 or 10 Marla residential plots in Phase 1 for resale or construction. For rental income: Consider commercial plots for higher rental yields.
Holding period
3-5 years
Tips
Verify legal status and payment plan terms before committing. Choose LDA-approved properties, avoid file investments, and utilize installment plans for affordability.
Investment Risks
Main risks include traffic congestion due to prime location, macroeconomic fluctuations affecting property prices, risks associated with file investments, and ongoing development in Phase 2 which may have uncertainties.
Reviews

Sustainability

 

Eco-friendly and sustainable housing community.

Affordability

 

More affordable compared to other societies like DHA and Bahria Town.

Sources

Environment

 

Peaceful, green, and secure environment suitable for families.

Recreation and Green Spaces

 

Multiple lush green parks and theme-park-style recreational areas.

Infrastructure

 

Underground wiring, well-planned roads, efficient drainage, and waste-management systems.

Education

 

Proximity to schools and colleges.

Commercial Amenities

 

Nearby shopping centres, markets, malls, and restaurants.

Utilities

 

Round-the-clock availability of water, electricity, and gas.

Community Facilities

 

Presence of community centers and social activities.

Payment Plans

 

Flexible payment options for property purchase.

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Security

 

24/7 security system with CCTV cameras, security guards, and regular police patrols.

Commercial Limitations

 

Limited commercial spaces available for businesses.

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Location

 

Situated on the outskirts of the city, far from central commercial districts.

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Fraud and Trust

 

Reports of fraud or misleading sales practices, raising concerns about trustworthiness.

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Development Status

 

Some blocks or areas are still under development.

Transportation

 

Poor public transport services, making it inconvenient for residents without personal vehicles.

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Pricing

 

Perception of high plot prices.

Investment Return

 

Property prices do not appreciate quickly in the short term.

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Regulations

 

Strict restrictions that may deter investors.

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