State Life Housing Phase 1
Details
State Life Housing Society Phase 1 is a privately-developed residential scheme originally created for employees of the State Life Insurance Corporation of Pakistan, registered in 1988 under the Cooperative Housing Society Act 1925. It offers a well-planned, peaceful community with modern infrastructure, including schools, parks, mosques, and commercial plots, and features a variety of residential plot sizes. The society benefits from easy connectivity to key city arteries like the Lahore Ring Road and Allama Iqbal International Airport, making it an affordable and strategic option for homebuyers.
- Developer: State Life Insurance Corporation of Pakistan (developer and manager)
- Ideal For: Ideal for middle-class families, first-time homebuyers, and investors seeking a secure, well-connected neighborhood with good growth potential.
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Latest Updates
- Lake City Meadows Block G & J Development Update: On-Ground Visit April 15, 2026
- Lake City Meadows ( Ex State Life Latest Update - Fast Development & Buyers Demand Rising
- 🚧 Lake City Meadows (Ex-State Life) – Development Update | 07 August 2025
- Big News: Development Starts in Ex-State Life! Lake City Meadows Machinery Arrives!
- Lake City Meadows G & J Block Possession Update: 4 & 8 Marla Commercial Investment Guide
Rapid Development Progress and Imminent Possession in Phase 1 Extension Blocks
On-ground development work in Lake City Meadows (Ex-State Life) Phase 1 Extension is progressing at a fast pace, with a focus on Blocks G, J, and the 3.5 Marla FF Block. Road leveling, underground utility installation, and plot demarcation are largely complete. Possession is expected to be handed over to end-users within the next few months. This visible progress is driving increased buyer demand and investment interest in these areas for both residential and commercial plots.
Sharp Price Surge in Lake City Meadows Phase 1 Market
The property market in the developed sectors of Lake City Meadows Phase 1 (Ex-State Life) is experiencing a significant price surge following the Lake City takeover. 5 Marla plots in prime A-Block now range from PKR 1 crore to 1.35 crore, while 10 Marla and 1 Kanal plots have seen similar substantial increases. The area is now a mix of possession-ready plots and newly constructed luxury houses, reflecting its maturation into a premium residential community with high demand from both end-users and investors.
- Lake City Takes Over State Life Housing Scheme | Lake City Meadows Ex State Life Lahore
- Lake City Meadows
- Congratulations Lake City Meadows Lahore Arrived. State Life Housing Take Over Now Fully Complete
- Lake City Meadows (Ex‑State Life) — Architects, House Design, Interiors & Construction | Avenir Developments Lahore
Official Acquisition and Rebranding to Lake City Meadows
Lake City Holdings has officially completed the takeover of the former State Life Housing Society, including Phase 1, Phase 1 Extension, and Phase 2. The project has been rebranded as 'Lake City Meadows'. The management transition was finalized, with full operational control transferred to Lake City. The development plan for Phase 1 remains unchanged, while Phase 2 undergoes a major restructuring of plot sizes. The official project website and promotional materials now reflect the new identity.
Detailed Block-Wise Plot Price Guides for 2025
Comprehensive and updated block-wise price guides for Lake City Meadows (Ex-State Life) were published in mid to late 2025. These guides provide detailed current rates for residential and commercial plots across all blocks of Phase 1 and Phase 2. For example, prices for 5 Marla plots range from PKR 65-80 Lacs in extension blocks to over PKR 1.1 Crore in prime A Block. The guides serve as a key reference for investors and buyers evaluating specific locations within the society.
House Price
PKR 16437/sq.ft
YoY +11.93%
Plot Price
PKR 6846/sq.ft
YoY -10.64%
Commercial Price
PKR 27662/sq.ft
YoY N/A