Icon Valley Phase 2

18 km Raiwind Road, Lahore, Pakistan

Details

LDA-Approved Security Prime Raiwind Road Location Luxury Amenities Gated Community

Icon Valley Phase 2 is a fully delivered and LDA-approved gated residential society strategically located on Main Raiwind Road in Lahore. Building on the success of Icon Valley Phase I, it offers a modern lifestyle with a mix of residential plots, townhouses, apartments, villas, and commercial outlets. The community features contemporary architecture, landscaped surroundings, and 24/7 security, ensuring a safe and convenient living environment. Its prime location provides easy access to key facilities like Lahore Ring Road, M-2 Motorway, and educational institutions.

  • Developer: Icon Developers, a UK-based real estate firm with a successful track record including Icon Valley Phase I.
  • Ideal For: Ideal for families seeking a modern, convenient lifestyle and investors looking for strong capital appreciation and rental potential.
AREA（Kanal）
370+

Map-calculated

block
3

In total

Plot
--

In total

Approved
Yes

Latest Updates

2026-03
Sources

Major Construction Milestone Nearing Completion, Handover Expected Early 2026

The latest construction update for Icon Valley Phase 2 from March 2026 indicates that core structural work, utilities, and façade are nearing completion, with the project reported to be roughly 50% built. Overall timelines suggest that possession and occupancy may begin in early 2026. The project remains under construction and handover has not yet commenced.

Pending Update
Sources

Buyers Report New Additional Payment Demand from Developer

According to community discussions, some buyers of Icon Valley Phase 2 are facing possession delays as the project is still under construction. It has been reported that the project management has recently announced an additional payment requirement for buyers, adding to the financial considerations for potential owners.

Pestimate

House Price

PKR 17359/sq.ft

YoY N/A

Plot Price

PKR 8936/sq.ft

YoY N/A

Commercial Price

PKR 38322/sq.ft

YoY N/A
Investment analysis
Investors
Capital appreciation investors and rental income seekers
Recommend
For rental income: invest in completed units (e.g., 5-10 Marla villas or apartments) in Phase 1 or Phase 2. For capital gains: invest in residential plots or newly constructed villas in Phase 2.
Holding period
5-10 years
Tips
Choose LDA-approved ready properties; avoid file investments; utilize the easy installment plans; verify refund policies and developer track record before committing.
Investment Risks
Key risks include a 35% deduction on refunds with delayed payouts, potential traffic congestion on Raiwind Road, macroeconomic fluctuations, and risks associated with unapproved file-based investments.
Reviews

Location & Connectivity

 

Prime location on Raiwind Road with quick access to M2 Motorway, Lahore Ring Road, Shaukat Khanum Hospital, educational institutions like Beaconhouse and COMSATS, and Lahore Safari Park.

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Affordability & Value

 

Affordable rent and purchase prices relative to comparable societies, offering high-quality living at a reasonable cost.

Sources

Environment & Safety

 

Peaceful, neat, and tidy environment with robust 24/7 security and a gated community.

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Amenities & Facilities

 

Extensive modern amenities including underground electrification, 24/7 power backup, golf course, gymnasium, coffee shops, cigar lounge, chess club, indoor sports facilities, trampoline & archery range, and children's play areas.

Sources

Financial Issues

 

Payment-plan complications and issues with installment plans.

Sources
Related Sources

Fraud & Misconduct

 

Allegations of fraud or misleading practices by agents, leading to painful investment experiences.

Sources

Development Delays

 

Delayed possession of properties.

Sources
Related Sources