Canal Bank Housing Society Phase 1
Details
Canal Bank Housing Society Phase 1 (also known as Gulbahar Park) is an LDA-approved cooperative housing scheme offering residential plots from 5 Marla to 1 Kanal. It features well-paved internal roads, 24-hour security, and modern underground utilities, along with communal green belt areas. Strategically located on Canal Bank Road near Thokar Niaz Baig, it provides quick access to Lahore Ring Road, Multan Road, and major commercial hubs like Bahria Town.
- Developer: Canal Bank Co-operative Housing Society (managed by a board of members, not a private developer)
- Ideal For: Ideal for families seeking a secure gated community with amenities and investors looking for capital appreciation due to its strategic location and connectivity.
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Latest Updates
Canal Bank Housing Society Phase 1 Lahore: Fully Occupied but Lacking Grid Electricity, Gas, and Centralized Water
Canal Bank Housing Society Phase 1 in Lahore is now a fully occupied, LDA-approved residential community with over 300 families residing there and operational commercial outlets including McDonald’s, Al-Fatah, and Coffee Planet. However, it still lacks a dedicated connection to the national power grid, centralized water supply, and SNGPL natural gas service—residents rely on solar panels and individual bore-wells for electricity and water.
New 4-Marla and 5-Marla Houses Marketed on Installment Plans in Canal Bank Housing Society Phase 1
Recent activity includes active marketing of new 4-Marla and 5-Marla houses on installment plans, with a 4-Marla house priced around PKR 190 million and flexible down-payments starting at 15–20%.
Gated community with 24-hour security.
Prime location on Canal Bank Road with easy access to commercial hubs, schools, hospitals, and central business districts, offering canal-side views.
Availability of basic amenities such as community hall, kids’ play area, and nearby grocery stores.
Peak-hour traffic congestion on Canal Bank Road.