Punjab Small Industries Colony (PSIC Housing Society) is a residential scheme developed by the government-run Punjab Small Industries Corporation (PSIC), primarily intended for artisans and small-scale entrepreneurs. It offers fully serviced residential plots (commonly 7 Marla and 14 Marla) with paved roads, water, electricity, and security gates. The colony is situated near the Mall Road commercial corridor, making it a planned and affordable option in Lahore.
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The Punjab Small Industries Corporation has advertised several job vacancies in different cities including Rawalpindi and Faisalabad. The positions range from managerial and training roles to technical and labor positions, indicating ongoing operational and developmental activities.
In a move to improve industrial facilitation, the Regional Director of PSIC met with the President of the Sialkot Chamber of Commerce & Industry (SCCI) on April 21, 2026. The discussion focused on resolving operational bottlenecks related to PSIC and the Pakistan Export Processing Zone Authority (PEPZA), with the aim of enhancing institutional coordination and support for the region's industrial sector.
The Punjab Industries and Commerce Minister has announced that the Punjab Small Industries Corporation (PSIC) will launch an interest-free loan scheme for women entrepreneurs. The scheme is part of the government's broader initiative and is expected to be rolled out within two months from the announcement date.
Security guards are typically stationed at the main gates, giving a sense of safety for couples and families.
Relatively lower housing costs compared to neighboring upscale societies.
Strategic location near DHA Phase 2, LUMS, and other key commercial corridors, making daily commutes convenient.
Provides a mix of plots and ready-made houses.
Electricity outages are more frequent than in fully developed societies.
Limited on-site shopping or recreational facilities, meaning residents often travel outside for groceries and leisure.
Complaints about delayed plot allocation paperwork and bureaucratic hurdles with the housing cooperative.
Occasional noise from nearby industrial units.
Road resurfacing and drainage work lag behind the rapid increase in occupancy.