HBFC Housing Society
Details
HBFC Housing Society is a fully developed residential community established in 1988 by officers of the House Building Finance Corporation. Strategically located on the Lahore Ring Road adjacent to DHA Phase 5, it offers excellent connectivity and proximity to key areas like Allama Iqbal International Airport. The society features modern infrastructure with well-planned roads, green spaces, and integrated commercial plots, providing a secure, conflict-free environment with 24/7 security.
- Developer: House Building Finance Corporation (HBFC), a government-backed housing finance institution.
- Ideal For: It is suitable for families, first-time homebuyers, overseas Pakistanis, and investors seeking a well-managed, green-focused neighborhood with strong appreciation potential.
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Latest Updates
HBFC Actively Promotes Housing Loan Schemes Including 'Apna Ghar' Initiative
HBFC is actively involved in the federal "Apna Ghar" housing initiative, which expanded in 2026 to offer subsidies and low-interest financing for public-sector employees and eligible buyers. Key features include up to 90% loan-to-value, a fixed 5% markup for the first ten years on mortgages up to PKR 10 million, and specialized programs like "Ghar Sahulat" and "Ghar for Her" to simplify home-ownership, particularly for women. HBFC also provides financing options for overseas Pakistanis to buy or build property in Pakistan.
Development and Property Activities at HBFC Housing Society in Lahore
HBFC is engaged in development activities and property transactions related to its housing society in Lahore. Recent tenders include procurement and construction works, such as boundary wall projects, while property listings show available houses for sale in HBFC-associated blocks like GOR 5 - HBFC Block A.
HBFC Partnerships to Facilitate Home Financing
HBFC has partnered with real estate agencies like Awan Associates to provide easy and affordable home financing solutions. These collaborations aim to offer low monthly installments, simple documentation, and fast approval processes, making home ownership more accessible for buyers.
There are no hidden charges; all society fees are upfront and transparent.
Residents describe the community as safe.
The society is reported to be well-maintained with management that promptly addresses routine upkeep.
Residents praise the modern layout, reliable water supply, and good road conditions.
Availability of a 10 kW Huawei solar system with net-metering helps reduce electricity costs.
When solar generation is insufficient, the cost of electricity from the society's supply is considered high.
Some residents mention occasional delays in resolving minor maintenance issues.
The society's own transformer supplies electricity but does not support Sui gas pipelines, making gas connections impossible and forcing reliance on alternative cooking solutions.