Justice Shareef Colony

Justice Shareef Colony, Lahore

Details

Affordable Housing Secure Environment Convenient Location Family-Friendly

Justice Shareef Colony is a well-established residential community in Lahore, originally developed in the mid-20th century to provide affordable housing. It currently offers a peaceful and family-friendly environment with basic amenities and convenient access to schools and markets. The colony is known for its secure neighborhoods and serves as a popular choice for middle-class residents seeking a balanced urban lifestyle.

  • Developer: Private local developers, focused on economical residential projects.
  • Ideal For: Ideal for middle-class families and first-time homebuyers seeking budget-friendly and secure housing in Lahore.
AREA(Kanal)
95+

Map-calculated

BLOCK
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In total

Plot
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In total

Approved
No

Latest Updates

2026-04
Sources

LDA and Maryam Nawaz Promise to Rebuild Demolished House in Shareef Colony

After a house was demolished in Shareef Colony, Lahore, sparking public outcry, the Director-General of the Lahore Development Authority (LDA) and Maryam Nawaz have promised to rebuild the home. This action is seen as a response to community pressure and a step towards addressing local grievances.

Lahore High Court Approves Closure of NAB Probe Against Maryam Nawaz

The Lahore High Court has approved the closure of the National Accountability Bureau's investigation into Maryam Nawaz and her father Nawaz Sharif in the Chaudhry Sugar Mills case, related to allegations of money laundering. This decision marks a significant legal development.

Pestimate
Investment analysis
Investors
Conservative investors seeking long-term capital appreciation with modest rental income
Recommend
For capital appreciation, consider existing properties like 10 Marla triple-storey houses; for rental income, yields are below average, so prioritize other areas such as DHA Phase 9 Prism for higher returns
Holding period
5–10 years
Tips
Verify LDA approval, confirm developer's delivery record, scrutinize payment schedules for unrealistic promises, ensure clear title and refund policies, and compare projected ROI with higher-growth zones
Investment Risks
Low rental yield below city average, dependency on infrastructure upgrades for capital appreciation, risks from unrealistic installment plans or unclear titles, and potential competition from higher-return areas