Dream Avenue / Gul Afshan Housing Society

8 km Main Raiwind Road, Lahore

Details

Gated Community 24/7 Security Underground Utilities Landscaped Parks Mosque

Dream Avenue is a gated residential enclave launched in June 2013 by Izhar-Monnoo Developers and delivered in December 2014. It offers a secure, modern suburban lifestyle with ready-to-move-in plots and homes. Key amenities include 24/7 security, underground electrified utilities, wide carpeted streets, landscaped parks, and a mosque. The community is strategically located near DHA Phase 8, providing easy access to major parts of Lahore.

  • Developer: Izhar-Monnoo Developers
  • Ideal For: Ideal for families and professionals seeking a secure, modern suburban lifestyle with ready-to-move-in properties.
AREA(Kanal)
214+

Map-calculated

block
2

In total

Plot
--

In total

Approved
Yes

Latest Updates

Dream Avenue Phase 1 Handover Ceremony and Launch of Phase 2

In March 2026, the new residential project Dream Avenue within Gul Afshan Housing Society in Lahore held a high‑profile handing‑over ceremony for the first batch of completed 5‑Marla homes. Concurrently, the developer announced the launch of Phase 2, which will add approximately 600 additional plots and introduce a range of 8‑Marla and 10‑Marla units with starting prices around Rs 5.3 million. It was confirmed that the society's core internal infrastructure, including road networks, water supply, sewage, and electricity, has been fully completed. Furthermore, construction of a community centre and covered parking facility is scheduled to begin later this year.

Pestimate
Investment analysis
Investors
Conservative investors seeking steady capital appreciation, genuine homebuyers, and overseas Pakistanis for long-term wealth preservation.
Recommend
For rental income, invest in 3.5-5 Marla houses near educational institutions; for capital gains, prioritize front-facing or main-boulevard plots, especially 3.5-Marla units in Dream Avenue/Gul Afshan area.
Holding period
2-5 years
Tips
Secure legal clearances and verify NOC status; prefer plots with possession; avoid file trading risks; utilize installment plans if suitable.
Investment Risks
Legal risks from pending NOC approvals; market volatility affecting returns; potential fraud in property transactions.