Nawaz Sharif Colony

Nawaz Sharif Colony, Iqbal Sector, LDA City, Lahore, Punjab, Pakistan

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

Nawaz Sharif Colony Approved for Major Infrastructure Upgrade in Lahore

The Punjab government has approved a major upgrade project for Nawaz Sharif Colony in Lahore as part of its urban-development program. The plan includes improvements to road paving, sewage drainage, and water-supply networks, along with the construction of a new community centre and expansion of green spaces. Work is slated to begin in June 2026 and be completed by the end of 2027. Local officials have warned residents of potential temporary disruptions to traffic and water services during the construction phase.

Lahore Development Program Progressing Under CM Maryam Nawaz's Vision

Under Chief Minister Maryam Nawaz Sharif's Lahore Development Program (LDP), the district administration is rapidly progressing with the construction and rehabilitation of unpaved and damaged streets across the city. The program aims to provide modern facilities through integrated, transparent, and sustainable projects, focusing on better infrastructure and a prosperous Lahore. The Deputy Commissioner regularly inspects projects, including in Tehsil Raiwind, directing departments to ensure quality, transparency, and timely completion.

Construction Advances on Nawaz Sharif IT City and IT Park in Lahore

Construction is ongoing for the Nawaz Sharif IT City on Bedian Road, adjacent to the Pakistan Kidney and Liver Institute. This government initiative is Pakistan's first major IT-based project, spanning over 6,824 Kanals. Development followed an MoU between the Central Business District Authority and 15 major IT and education companies. Progress is also being made on the related Nawaz Sharif IT Park, a major infrastructure project being built by the Punjab Central Business District Development Authority.

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.

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Utilities and Basic Infrastructure

 

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

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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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