Alif Holdings has initiated the Expression of Interest (EOI) phase for its premium residential tower 20 Canal Residence, a 4.5-kanal, G+11 tower located directly on Main Canal Bank Road in Johar Town G4, near Doctors Hospital. The project features 209 residential units—including signature 1-bed, premier 1-bed with pool, and duplex 2-bed loft apartments—and targets investors seeking main-road frontage, medical proximity, and purely residential vertical living. EOI booking amounts are PKR 500,000 for 1-bed and PKR 800,000 for 2-bed units, with refundable terms within 3 days.

The Smart City Housing scheme on Main Canal Bank Road has secured final approval from the Lahore Development Authority (LDA), granting full legal protection and 100% investor security. Located in Mouza Manga Ottar, it offers residential plots (3–1 Kanal) and commercial plots (5–8 Marla) under a flexible 42-month installment plan. Infrastructure development in Block A is nearing completion, with the first balloting event scheduled for the next quarter. The project emphasizes smart infrastructure, including automated traffic management, facial recognition security, and underground electrification.

One Canal Road, branded as Lahore’s most exclusive address, has officially entered its final fit-out and handover stage. This milestone coincides with a newly announced US$35 million foreign investment aimed at bolstering luxury housing development along the Canal Bank corridor. The investment follows the successful handover of One Canal Road and is expected to accelerate high-end residential growth in the area.

The Lahore Development Authority (LDA) has begun enforcing the Lahore Division Master Plan 2050, effective July 1, 2026. Key provisions impacting the Canal Bank Extension include further canal-bank road widening and the integration of new metro infrastructure along the canal corridor. This regulatory shift signals a long-term strategic focus on transport modernization and spatial reorganization—though environmental and social concerns have been raised regarding ecological fragmentation and loss of liminal green space.