Nasheman Iqbal Phase 2
Details
Nasheman-e-Iqbal Phase 2 is an LDA-approved cooperative housing society situated on Defence Road in Lahore. It is a fully developed residential area covering about 1,195 kanals, featuring over 727 residential plots. The society is known for providing a peaceful and affordable living environment with basic amenities, making it a popular choice for middle-income families.
- Developer: Nasheman-e-Iqbal Cooperative Housing Society Ltd.
- Ideal For: This society is most suitable for middle-income families, overseas Pakistanis, and budget-conscious buyers seeking an affordable, long-term residence or rental income property.
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Latest Updates
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- HOT DEAL – 5 MARLA PLOT FOR SALE NASHEMAN IQBAL Phase ...
Strong Market Activity and Active Property Listings in Nasheman-e-Iqbal Phase 2 as of Mid-2026
Nasheman-e-Iqbal Phase 2 remains an LDA-approved residential society experiencing sustained buyer interest, with consistent search performance data from Zameen.com showing Nasheman-e-Iqbal Phase 2 dominating over 74% of total locality searches in May 2026. Multiple listings are active across Blocks D and A, including 5-marla plots priced at PKR 89 lakh, 10-marla double-storey houses listed at PKR 4.1 crore, and 10.5-marla luxury houses with solar energy. The area continues to face occasional load-shedding, as confirmed by resident reports.
Ongoing Infrastructure and Utility Challenges Including Load-Shedding
Residents continue to report intermittent load-shedding episodes across Nasheman-e-Iqbal Phase I and II, occurring at unpredictable intervals including daytime and overnight hours (e.g., 2:00 PM, 9:00 PM, 3:00 AM). This aligns with broader grid instability affecting adjacent societies like Valencia, indicating systemic power supply issues persisting into mid-2026.
Active Rental Market with Competitive Pricing Across Blocks
The rental segment remains active, with 10-marla upper portions listed for PKR 60,000/month and lower portions in Block B advertised at PKR 52,000/month. Listings emphasize 'like brand new' condition and proximity to key roads such as College Road and Khayaban-e-Amin, reflecting continued demand for ready-to-move-in units in well-established blocks.
House Price
PKR 14891/sq.ft
YoY +19.37%
Plot Price
PKR 6098/sq.ft
YoY +8.84%
Commercial Price
PKR 12306/sq.ft
YoY N/A
Well-planned master plan with organized layout, wide roads, and proper zoning.
Commercial areas nearby for daily shopping, dining, and needs without traveling long distances.
NOC-approved society by Lahore Development Authority (LDA).
Prime location, well-connected to major roads, with easy access to urban centers and commercial zones.
Reliable water and electricity supply.
Access to parks and playgrounds for recreational options.
Overall beautiful and low-budget-friendly vibe, considered a good option for middle-class families.
Modern, gated community with 24-hour security and street lighting.
Nearby schools and healthcare centers for convenient access to education and medical care.
Qualified developers with a track record of successful project delivery.
Relatively high plot and house prices.