Iqbal Avenue Cooperative Housing Society Phase 3

Iqbal Avenue Co-operative Housing Society Phase 3, Mouza Punjgrian/Musallah, near Canal Bank Road, Thokar Niaz Baig, Lahore, Punjab, Pakistan

Details

Gated Security Modern Infrastructure Green Spaces Strategic Connectivity Commercial Amenities

Iqbal Avenue Cooperative Housing Society Phase 3 is an LDA-approved residential community developed in the early 2000s. It offers a gated, suburban living environment with modern infrastructure such as wide 75-foot roads and underground wiring. Strategically located near key areas like Johar Town and the Lahore-Islamabad Motorway, it provides excellent connectivity to major city hubs. The society features amenities like parks, a mosque, and a commercial area, making it an affordable and well-equipped residential option.

  • Developer: Iqbal Avenue Cooperative
  • Ideal For: Ideal for families, professionals, and investors seeking affordable suburban living with strong growth potential and modern amenities.
AREA(Kanal)
1198+

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BLOCK
--

In total

Plot
--

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Approved
Yes

Latest Updates

New Commercial Development Announced for Pine Avenue Road

A new commercial project is being launched on Pine Avenue Road, with promotional activities underway. The development, advertised by MA Estate & Builders, is positioned to offer business and investment opportunities in the area. The company's office is located at 198 Iqbal Avenue, Cooperative Housing Society, Lahore, near Shaukat Khanum Hospital.

Confirmed LDA Approval and Ongoing Market Listings for Plots

Iqbal Avenue Phase 3 is listed as an LDA-approved housing scheme in the Punjgrian/Musalla sector, according to the official LDA updated list for May 2025. Concurrently, active real estate listings show residential plots for sale in the broader Iqbal Avenue society, with prices for 5 Marla plots around PKR 54.5-65 Lakh and larger plots going up to PKR 2.45 Crore. However, a separate LDA list notes that the 'Iqbal Avenue Cooperative Housing Society' on Mustafabad Road is marked as abandoned or not colonized, highlighting a need for verification of the specific phase's status.

Pestimate
Investment analysis
Investors
Conservative investors seeking both capital appreciation and rental income, first-time home buyers, and mid-range investors.
Recommend
For capital appreciation: invest in well-located 10-14 Marla plots in Phase 3. For rental income: develop such plots into houses or purchase existing houses.
Holding period
3-5 years
Tips
Verify LDA approval for the specific phase, choose plots in developed core areas near parks and commercial hubs, avoid file investments, and utilize installment plans if available.
Investment Risks
Legal risks due to potential abandonment status in some LDA records, macroeconomic fluctuations impacting property prices, traffic congestion from ongoing development, and delays in infrastructure completion.
Reviews

Education Proximity

 

Close proximity to reputable schools such as Beaconhouse, Lahore Grammar School, and Punjab University, beneficial for families.

Sources

Infrastructure

 

Wide, well-paved streets with underground electricity and LED street-lighting, providing modern infrastructure.

Amenities

 

Includes lush parks, a mosque, and a small commercial hub within the phase, enhancing daily convenience.

Family-Friendly Environment

 

A well-planned, family-oriented community with a calm atmosphere, suitable for safe outdoor activities for children.

Sources

Security

 

24-hour security with gated entry and CCTV surveillance, ensuring a safe and peaceful environment.

Location and Connectivity

 

Strategically located near Canal Road, Thokar Niaz Baig, and major arteries, offering easy commuting and public transport access.