Audit and Accounts Housing Society Phase 2

Defense Road corridor, adjacent to Lahore Ring Road, Lahore

Details

Prime Location on Defense Road Corridor Gated Community with Basic Amenities Affordable Price Range Variety of Plot Sizes Available Community Originally for Government Employees

Audit & Accounts Housing Society – Phase 2 is a cooperative residential community originally developed for government employees under the Cooperative Housing Scheme Act. All plots are now owned by members and sold on the open market, offering a range of sizes from 4 to 16 Marla and 2 Kanal. The society is a gated community with basic utilities and paved roads, and its location provides a key advantage due to easy access to the Lahore Ring Road, nearby commercial hubs, schools, and hospitals.

  • Developer: The Accountant General's Department (AG Office) established the society for its employees.
  • Ideal For: This society is appealing to buyers seeking affordable yet secure gated living, investors looking for reasonably priced resale plots, and families who value road connectivity and proximity to city amenities.
AREA(Kanal)
1265+

Map-calculated

block
5

In total

Plot
--

In total

Approved
Yes

Latest Updates

Residents Raise Civic Issues and Call for Government Action

Residents of Audit and Accounts Housing Society, particularly near Phase-1/Valencia Town, are voicing significant grievances regarding severely damaged and waterlogged main roads, the absence of a proper bus stop at a key roundabout, and critical sewerage and drainage problems leading to health hazards like mosquito proliferation and dengue risk. Social media activity in early 2025 and March 2026 highlighted these concerns, with calls for the Punjab government to reconstruct roads, install official bus stops, and resolve utility issues.

LDA Approval Status and Context within Lahore's Housing Market

Audit & Accounts Cooperative Housing Society is listed as an LDA-approved society established in 1991, spanning 1,253 acres in Sahhoki. However, a separate 2025 document listing illegal housing societies includes 'Audit and Accounts CHS Phase-2' on Kahna Kacha Road, highlighting the complex and sometimes contradictory regulatory landscape for housing projects in Lahore that potential investors must navigate.

Pestimate
Investment analysis
Investors
Long-term investors willing to wait for full development, budget-conscious buyers seeking affordable entry points.
Recommend
For capital appreciation: purchase smaller plots (e.g., 8 Marla) in Phase 2 and hold for resale after 50% society completion. For rental income: construct a house on the plot to generate 5-6% annual yield.
Holding period
3-5 years for capital appreciation; 5-10 years for rental income.
Tips
Monitor infrastructure progress, ensure regulatory compliance and LDA approval, consider financing costs, avoid file-based investments, and utilize installment plans if available.
Investment Risks
Infrastructure delays, regulatory changes, economic volatility, traffic congestion, and legal disputes over plot ownership.
Reviews

Community

 

Quiet, family-friendly atmosphere with a modest number of completed houses (around 40) and a growing community.

Future Potential

 

Potential for future development.

Sources

Location

 

Proximity to major arteries such as the Ring Road and easy access to commercial hubs.

Affordability

 

Plot sizes and price points are affordable and attractive for first-time buyers and investors.

Amenities

 

Lack of completed commercial or recreational facilities.

Infrastructure

 

Under-developed infrastructure: roads remain uneven or unpaved, drainage and gardening are inadequate.

Living Experience

 

Poor road conditions, water scarcity, and unfinished services hinder the current living experience.

Utilities

 

Essential utilities such as water supply and consistent electricity are often unreliable.

Sources

Management

 

Delays in society management's delivery of promised amenities.

Sources

Security

 

Limited security presence.

Sources