PSIC Punjab Small Industries Colony
Details
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.
- Developer: Punjab Small Industries Corporation (PSIC)
- Ideal For: Best suited for small-business owners, craftsmen, first-time homebuyers, and investors seeking affordable land in a well-planned, government-run community.
Map-calculated
In total
In total
Latest Updates
PSIC Launches Paid Internship Program at Lahore Headquarters
The Punjab Small Industries Corporation (PSIC) has opened applications for paid internship positions at its Lahore headquarters located at 23-A PSIC House, Davis Road. The deadline for submission is 24 February 2026, marking a key initiative to enhance youth engagement and capacity building within Punjab’s industrial ecosystem.
Punjab Government Approves 100% Special Allowance for PSIC Employees
In a significant financial uplift for staff, the Punjab Minister for Industries approved a 100% special allowance on basic salaries for all PSIC employees — an official decision announced on 2 October 2025 to improve retention, morale, and operational efficiency across the corporation.
PSIC Launches Second Phase of Assan Karobar Soft-Loan Scheme for SMEs
A PSIC delegation officially commenced the second phase of the Assan Karobar soft-loan scheme for small and medium enterprises (SMEs), reaffirming the government’s commitment to inclusive industrial finance. The launch was formally communicated to stakeholders during a meeting with the Sialkot Chamber of Commerce & Industry on 22 October 2025.
PSIC Rebrands Women Resource Center into Women’s Business Incubation Center (WBIC)
PSIC has formally rebranded its Women Resource Center & Incubators (WRCI) into the Women’s Business Incubation Center (WBIC), signaling a strategic expansion of support for women entrepreneurs across Punjab — including enhanced mentorship, market access, and post-incubation financial facilities.
House Price
PKR 15812/sq.ft
YoY -5.44%
Plot Price
PKR 7749/sq.ft
YoY -3.34%
Commercial Price
--
YoY --
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.