Fazaia Housing Society

Raiwind Road, Lahore, Punjab, Pakistan

Details

Secure Gated Community Modern Underground Utilities Extensive Green Parks Prime Location Connectivity

Fazaia Housing Society Lahore was launched in December 2003 and fully planned by July 2005 as a master-planned community. It is managed by the Pakistan Air Force's Directorate of Estate Projects under the Fazaia Welfare Trust and holds LDA approval. The society offers high-security, low-pollution living with amenities like underground electricity, extensive green parks, and modern infrastructure, designed for a peaceful neighbourhood with strong long-term appreciation.

  • Developer: Pakistan Air Force (PAF) – Directorate of Estate Projects under Fazaia Welfare Trust
  • Ideal For: Ideal for military personnel, civil servants, professionals, and investors seeking a secure, peaceful community with strong investment potential.
AREA(Kanal)
5926+

Map-calculated

block
1

In total

Plot
--

In total

Approved
Yes

Latest Updates

Updated Plot Prices and Development Status of Fazaia Housing Society Phase 2

As of late 2025, Fazaia Housing Scheme Phase 2 in Lahore has released updated residential and commercial plot rates for its four blocks (A, B, C, D). Residential plot prices for 5 Marla range between PKR 40-65 lakh, 7 Marla between PKR 50-75 lakh, 10 Marla between PKR 65-90 lakh, and 1 Kanal between PKR 1.30-1.80 crore. Commercial plots (5 Marla) are priced from PKR 75 lakh up to PKR 2.5 crore, with prime locations in Blocks A and B commanding the highest values. The society, developed under the Pakistan Air Force and fully LDA-approved, is in an active development phase with infrastructure like roads, water supply, and drainage systems being implemented. It is positioned as a more affordable alternative to Phase 1 with strong investment potential.

Fazaia Housing Society Phase 1: Mature Community Status and New Plot Offerings

Fazaia Housing Scheme Phase 1 is established as a fully developed and livable community with all major infrastructure and amenities operational. Recent updates indicate the society continues to launch new inventory, such as a 5 Marla residential plot offering with a PKR 90 lakh total price and a straightforward 50% down payment plan. The resale market remains strong, with average prices for constructed 10 Marla houses reported at approximately PKR 68.97 lakh in July 2024, reflecting significant appreciation. The society's prime location on Raiwind Road with Ring Road access underpins its high value and investment security.

Pestimate
Investment analysis
Investors
Conservative investors seeking secure, LDA-approved properties; end-users looking for a family home; and those aiming for capital appreciation with PAF backing.
Recommend
For rental income: Phase 2 plots or newly built houses for quicker cash flow. For capital appreciation: Phase 1 completed properties or Phase 2 plots near Ring Road blocks.
Holding period
3–5 years
Tips
Prioritize LDA-approved properties, verify developer's possession schedule and refund policy, avoid file investments, and consider installment plans for Phase 2.
Investment Risks
Risks include delays in Ring Road extension impacting connectivity, macroeconomic fluctuations affecting property prices, and potential legal issues with unapproved developments.