Shama Apartments

Shama Chowk, Shama Road, Ichhra, Lahore, Pakistan
Data sourced from the internet. For reference only.

Details

Central Location Modern Amenities Secure Environment Flexible Financing Proximity to Transport

Shama Apartments is a low-rise residential complex built in 2014 on the former site of Shama Cinema, offering 1- to 3-bedroom flats ranging from 2.2 to 3.1 Marla. It provides modern amenities like double-glazed windows, electricity backup, and 24/7 CCTV security, along with flexible 4-year installment plans. Located in Ichhra, it boasts excellent connectivity to Ferozepur Road and the Shama Metro Bus stop, positioning it as an affordable, mid-range option for urban living.

  • Developer: Shama Group
  • Ideal For: Ideal for first-time home buyers, small families, and investors seeking affordable, low-maintenance apartments in a well-connected Lahore neighbourhood.
AREA（Kanal）
9+

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Approved
No

Latest Updates

2026-01
Sources

Active Rental and Sale Listings for Shama Apartments on Ferozepur Road

Multiple current property listings confirm active leasing and sales activity at Shama Apartments, located on Main Ferozepur Road near the Shama Metro Bus Station in Lahore. Recent offers include a 738 sq ft 4th-floor apartment for rent at PKR 35,000 + PKR 8,000 maintenance, a 545 sq ft ground-floor unit for PKR 25,000 + PKR 8,000 maintenance, and a fully furnished 2-bedroom, 2-bathroom flat of 3.1 marla (≈738 sq ft) listed for sale at PKR 82 lakh. The complex is highlighted for its strategic location, security features, and proximity to transport, hospitals, and commercial hubs.

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Investment analysis
Investors
Low-risk investors, first-time buyers, or those with limited capital seeking a stable residential asset.
Recommend
For rental income: Invest in Shama Apartments units for steady cash flow. For capital appreciation: Diversify into high-growth societies like DHA or mixed-use projects (e.g., Lahore Sky, Bahria Sky) for higher upside.
Holding period
5-10 years
Tips
Verify full LDA approval and clear title; calculate net ROI using formula (Annual rent – Annual expenses) ÷ Total investment × 100; negotiate for prices below market average; consider value-add through interior upgrades to justify higher rent.
Investment Risks
Lower net ROI (4-5%) compared to premium areas (12-15%); steady but not high demand may lead to occupancy risks; exposure to maintenance costs, service charges, and economic fluctuations; avoid speculative file investments and ensure legal compliance.