Audit and Accounts Housing Society Phase 1

Audit and Accounts Housing Society, Block B, Chaudry Street, Lahore, Punjab, Pakistan

Details

Affordable Pricing Gated Community Good Road Connectivity Proximity to Amenities Range of Plot Sizes

Audit & Accounts Housing Society Phase 1 was established in 1985 under the Cooperative Housing Society Act to serve employees of the Auditor General's Office. It is a municipal-approved residential community that has expanded to offer plots from 4 to 16 Marla and ready-built homes, with basic infrastructure like paved roads, water, and electricity. The society features a gated environment, good road connectivity, and proximity to schools, markets, and major thoroughfares, making it an affordable option in southern Lahore.

  • Developer: Audit & Accounts Cooperative Housing Society, a government-linked cooperative
  • Ideal For: Ideal for Auditor General staff, other government employees, first-time homebuyers, and investors seeking affordable low-to-mid-range residential properties in Lahore.
AREA（Kanal）
1682+

Map-calculated

block
7

In total

Plot
--

In total

Approved
No

Latest Updates

2026-02
Sources

Residents Report Critical Infrastructure Issues and Appeal for Government Intervention

Residents of Audit & Accounts Housing Society Phase-1 near Valencia Town are reporting severe civic and infrastructure problems. Key issues highlighted include the heavily damaged and waterlogged Main College Road which is not properly connected to Defence Road, and the lack of an official bus stop at the UET Society/Audit & Accounts Roundabout, disrupting commuters. Furthermore, the area faces serious sewerage and drainage issues, which have exacerbated health hazards like mosquito proliferation and dengue risk. The community is urgently calling for government action to reconstruct and connect the road, establish a proper bus stop, and resolve the sewerage crisis to ensure a safe and healthy living environment.

Pestimate

House Price

PKR 13872/sq.ft

YoY +1.04%

Plot Price

PKR 6045/sq.ft

YoY +14.33%

Commercial Price

PKR 13950/sq.ft

YoY N/A
Investment analysis
Investors
Moderate risk investors, first-time homebuyers, and those seeking balanced returns.
Recommend
For rental income: ready-to-rent houses (e.g., 16 Marla). For capital appreciation: mid-size residential plots (8-16 Marla) for construction or resale.
Holding period
3-5 years
Tips
Confirm LDA approval, monitor infrastructure rollout, and consider installment plans if available.
Investment Risks
Key risks include infrastructure delays, market volatility, and document-related fraud. Ensure proper due diligence and legal verification.
Reviews

Location

 

Located near major roads like Ali Akbar Road and Valencia Main Boulevard, providing convenient commuting options.

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Block Organization

 

Society divided into blocks to provide dedicated resources to every block.

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Infrastructure

 

Well-planned layout with wide main and linking roads (minimum 40 feet wide).

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Plot Variety

 

Offers upscale residential and commercial plots in various sizes from 4 Marla to 1.6 Kanal.

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Amenities

 

Includes community center, parks, playgrounds, and an on-site school for residents.

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Development and Approval

 

Development is not as top-notch as other societies like Lake City or Bahria, and its approval is still under process according to LDA website.

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