Nawaz Sharif Colony

Nawaz Sharif Colony, Iqbal Sector, LDA City, Lahore, Punjab, Pakistan
Data sourced from the internet. For reference only.

Details

Prime Ring Road Location Planned Infrastructure Amenities Proximity Future Growth Potential

Nawaz Sharif Colony is a residential neighbourhood located in the Iqbal Sector of LDA City on the Lahore Ring Road. It forms part of the larger Nawaz Sharif IT City (NSIT) development, overseen by the Punjab Central Business District Development Authority (PCBDDA). The colony offers a mix of residential plots, modest-size houses, and limited commercial units, with well-planned internal roads, green spaces, and proximity to schools, hospitals, and shopping centres. Its strategic location on the Ring Road ensures high connectivity and visibility, making it an affordable yet growth-oriented community.

  • Developer: Punjab Central Business District Development Authority (PCBDDA)
  • Ideal For: Ideal for families and investors seeking affordable, well-connected properties with long-term appreciation in a rapidly developing IT and innovation hub.
AREA(Kanal)
210+

Map-calculated

BLOCK
--

In total

Plot
--

In total

Approved
No

Latest Updates

Heritage Revival Initiative Launches in Lahore, but Nawaz Sharif Colony Not Included

The Lahore Authority for Heritage Revival (LAHR), established on 16 March 2025 under the patronage of Nawaz Sharif and executive oversight of Chief Minister Maryam Nawaz, has initiated a multi-billion-rupee project to restore Lahore’s historical sites—including Shalimar Gardens, Lahore Fort, and Shahdara Complex—and reintroduce pre-Partition names like Krishan Nagar and Jain Mandir Chowk. However, Nawaz Sharif Colony is not listed among the targeted areas in LAHR’s official restoration zones, nor is it referenced in any infrastructure, renaming, or development announcements. It continues routine municipal services under LDA without inclusion in new heritage, housing, or urban renewal schemes.

Renaming of Lahore Landmarks Reversed Amid Political Backlash

Following formal approval by the Punjab Cabinet in May 2026, the Lahore Heritage Areas Revival (LHAR) initiative—chaired by Nawaz Sharif—proposed restoring pre-Partition names such as Queen's Road, Krishan Nagar, and Jain Mandir Chowk. However, due to strong opposition from extremist elements and social media vloggers who framed the move as religiously inappropriate, authorities issued a public U-turn. Lahore Deputy Commissioner confirmed on record that no official renaming decision has been implemented, and the proposal remains deferred pending further consultation.

RUDA-Led Housing Projects Advance in Lahore, Excluding Nawaz Sharif Colony

Under Chief Minister Maryam Nawaz Sharif’s directives, Ravi Urban Development Authority (RUDA) has launched multiple large-scale housing initiatives—including Journalist Colony Phase-II and New Metro City Lahore—with Rs. 62,500 initial deposits for journalists and accelerated construction on Band Road. These projects are explicitly tied to RUDA’s jurisdiction along the Ravi River corridor and designated development zones. Nawaz Sharif Colony falls outside RUDA’s operational scope and is not referenced in any MoU, site visit, or infrastructure announcement related to these schemes.

Pestimate
Investment analysis
Investors
Conservative investors seeking steady rental income and capital appreciation, overseas Pakistanis, and first-time homebuyers.
Recommend
For rental income: invest in ready-built residential units (3, 5, or 8 Marla) in approved on-ground projects. For capital appreciation: consider plots or new constructions near Nawaz Sharif IT City, especially mixed-use or vertical developments.
Holding period
5-10 years
Tips
Choose LDA-approved on-ground projects, avoid speculative file plots, verify legal status and development approvals, factor in all acquisition costs (purchase price, stamp duty, transfer tax, agent commissions), secure structured payment plans, and engage a reputable real-estate consultant for detailed cash-flow modeling.
Investment Risks
Risks include vacancy risk, maintenance costs, macroeconomic fluctuations, legal issues with unapproved developments, traffic congestion near IT City, and potential delays in infrastructure projects or project delivery.
Reviews

Recreational Facilities

 

Access to Nawaz Sharif Park, which is well-maintained with lush green lawns, walking tracks, and seating areas, providing a peaceful spot for families, joggers, and nature lovers.

Location and Connectivity

 

Benefits from its location near Bedian Road, offering easy access to major thoroughfares. Proximity to the under-construction Nawaz Sharif IT City and upcoming infrastructure projects.

Availability of Rentals

 

Rooms and apartments are listed and available for rent on platforms like Zameen.com and Residency.pk, facilitating the search for accommodation.

Affordability

 

Relatively new and affordable residential area offering lower rents compared to more central parts of Lahore. Modest-sized rooms and apartments are available on rental platforms.

Recreational Facilities

 

The children's play area in the nearby park could use upgrades, and parking can be a challenge on weekends.

Sources

Utilities and Basic Infrastructure

 

Inconsistent water supply, frequent power outages, under-developed drainage and road networks causing flooding during monsoon rains.

Sources

Urban Issues (Lahore-wide context)

 

General city-wide challenges include severe traffic congestion, air pollution/smog, hot and humid climate, infrastructure gaps, noise, and rising cost of living.

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Local Amenities

 

Limited shopping, healthcare, and other essential facilities within walking distance.

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Security

 

Occasional security concerns due to the lack of a dedicated gated-community perimeter.

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