Waris Colony

14-D, Mehmood Street, F7W8+CFR, Waris Colony, Wahdat Road, Lahore, Punjab
Data sourced from the internet. For reference only.

Details

Highway Access Basic Amenities Affordable Housing Developing Locality

Waris Colony is a burgeoning residential locality situated along Wahdat Road at the edge of National Highway-5, adjacent to neighborhoods like Mustafa Town and Ghani Colony. It offers basic urban amenities including a government school, Sui gas, electricity, water, and sewerage. The area is characterized by its affordability and developing infrastructure, making it a practical choice for budget-conscious residents seeking proximity to major transport routes.

  • Developer: No single prominent developer identified for the entire colony; individual projects are marketed by local builders/agencies such as SD Real Estate & Builders.
  • Ideal For: Most suitable for first-time homebuyers, small-family investors, and those seeking modest, budget-friendly houses or plots in a locality with essential services and good road connectivity.
AREA(Kanal)
327+

Map-calculated

block
4

In total

Plot
--

In total

Approved
No

Latest Updates

Renovation and Reopening of Government High School in Waris Colony

The Government High School on Wahdat Road in Waris Colony, Lahore has been newly refurbished and officially reopened to enhance educational infrastructure for local students. This development reflects a targeted investment in public education within the community.

Launch of Farhan Ali Waris City Housing Project

A new low-cost housing society named Farhan Ali Waris City has been launched near Lahore, offering plots at PKR 8,500 per month with zero down payment and NOC approval from relevant authorities. Marketing materials emphasize affordability and limited-time offers.

Expansion of Waris Nihari Restaurant Chain in Lahore

The iconic Lahore-based restaurant brand Waris Nihari has expanded with new outlets in PIA Housing Scheme and Saddar Cantt, reinforcing its presence in key urban locations. The brand is also launching inter-city delivery services, extending its reach to Karachi.

Pestimate
Investment analysis
Investors
Mid-range investors, such as conservative investors or first-time homebuyers seeking stable returns.
Recommend
For rental income, invest in existing 5-Marla houses with good connectivity; for capital appreciation, target properties with renovation potential or near infrastructure upgrades.
Holding period
5–10 years
Tips
Verify legal status and approvals, assess property condition, compare recent sale prices, ensure decent road connectivity, and consider modest renovations to boost rental yield.
Investment Risks
Risks include lower returns compared to premium societies, potential legal and title issues, higher maintenance costs for older properties, market volatility, and dependence on infrastructure developments for appreciation.