Bankers Town
Details
Bankers Town Cooperative Housing Society is a legally approved and fully developed gated community in Lahore, initiated by former employees of the Bank of Punjab. It offers affordable yet high-standard living compared to neighboring premium schemes, with easy access to Ring Road and adjacency to State Life Phase 1 and DHA Lahore. The community features secure gated entry, well-planned plots from 5 Marla to 2 Kanal, and modern utilities like electricity, gas, water, and sewerage.
- Developer: Former employees of the Bank of Punjab
- Ideal For: Ideal for middle-income families, first-time homebuyers, and investors seeking cost-effective properties near Lahore's major residential zones.
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In total
In total
Latest Updates
NAB Completes Major Disbursement to Victims of Bankers City Housing Scheme Fraud
The National Accountability Bureau (NAB) completed a major restitution effort in January 2026, distributing over Rs 340 million to 476 victims of the Bankers City Housing Scheme scam. The disbursement included Rs 120 million via payment orders and Rs 221 million through online transfers. This marks a key milestone in NAB’s broader recovery campaign, which has reclaimed a total of Rs 1.209 billion from the accused—more than double victims’ original investments. Remaining funds will be distributed to the remaining ~2,200 verified claimants after due process.
Bankers Avenue Society Lahore Promotes Itself as an Approved, Design-Ready Residential Community
The Bankers Avenue Society in Lahore continues active marketing as an approved, design-ready residential community, targeting both overseas Pakistanis and local buyers. It offers plot-to-home services, including architecture, interior design, and construction under integrated Design + Build contracts. The society is positioned as fully developed with strong infrastructure, commercial activity along Main Boulevard, and popularity for modern and neoclassical architecture.
Ongoing Legal and Regulatory Scrutiny of Bankers-Related Housing Projects
Multiple Bankers-associated housing initiatives—including Bankers City and Bankers Avenue—are subject to sustained regulatory oversight and public scrutiny. While Bankers City remains under NAB’s accountability framework following its fraud conviction, other entities like Bankers Avenue Society operate as active development platforms. Meanwhile, related cooperative societies such as Bank Alfalah Employees Cooperative Housing Society face protracted delays and unresolved merger status with Al-Kabir Town or DHA—despite Lahore High Court orders issued in April 2025 directing action within 30 days.
House Price
PKR 18334/sq.ft
YoY +4.51%
Plot Price
PKR 7881/sq.ft
YoY -20.16%
Commercial Price
PKR 31294/sq.ft
YoY +71.33%
Adjacent to DHA Phase 7 and close to DHA Phase 10, offering potential for future property value appreciation.
Features wide boulevards and roads (40-150 feet wide) that enhance connectivity and aesthetics.
NOC-approved and fully developed, ready for construction, ensuring legal security.
Includes ample green parks and a quiet, community-oriented layout.
Offers affordable and reasonably priced plots and houses, making it accessible for budget-conscious buyers.
Known for a friendly, respectful neighbourhood with good security presence.
Some legal issues in the past related to management, but mostly resolved now.
Proximity to the Hudaira drain causes unpleasant odors on certain plots.