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
Active Real Estate Market with Strong Demand and Rising Plot Prices
The real estate market in Nasheman-e-Iqbal Phase 2 is currently very active, with high demand for both residential plots and constructed houses. According to Zameen.com's price index, the average price for a 5-marla residential plot reached PKR 10.3 million in March 2026, representing significant growth over the past 6 and 12 months. The society consistently dominates search interest compared to Phase 1. Market activity includes new houses for sale and rent, such as a 6-bedroom house for rent posted in May 2025 and a brand new 5-marla house for sale advertised in June 2025. The project is LDA-approved and offers various plot sizes with modern amenities, though prices are noted to be relatively high.
Society Management: Cooperative Committee Election Held in 2025
The Cooperative Department Punjab conducted an election for the Nasheman-e-Iqbal Cooperative Housing Society (CHS) Lahore in July 2025. The election process was streamed live, indicating an official and transparent procedure for electing the society's management committee.
House Price
PKR 14269/sq.ft
YoY +25.22%
Plot Price
PKR 6125/sq.ft
YoY +10.52%
Commercial Price
PKR 12301/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.