PAEC Foundation Housing Project

Canal Bank Road, Lahore, Punjab, Pakistan

Details

LDA-Approved Prime Location Gated Security

PAEC Foundation Housing Project is an LDA-approved residential scheme developed by PAEC Foundation for the benefit of current and retired PAEC employees and their families. It is strategically located on Canal Bank Road in Lahore, offering direct connectivity to Shahpur Chowk, Ring Road, and Multan Road. The project spans approximately 1,562 kanals with 1,448 plots organized into Blocks A, B, C, and D, featuring planned internal roads, gated security, and modern amenities. Its prime location and affordable options make it attractive for both end-users and investors.

  • Developer: PAEC Foundation, the charitable arm of the Pakistan Atomic Energy Commission
  • Ideal For: Ideal for PAEC employees and investors seeking a secure, well-planned community with affordable urban living and good appreciation potential.
AREA(Kanal)
1675+

Map-calculated

block
4

In total

Plot
--

In total

Approved
Yes

Latest Updates

Active Market Listings and High Online Search Interest for Plots and Houses

The PAEC Foundation Housing Project in Lahore's Atomic Energy Society continues to see active property listings for 5-Marla, 10-Marla, 15-Marla, and 1-Kanal plots and houses on major portals. A notable trend shows a significant surge in online search interest for Block C, which accounted for 94.9% of all searches within the society on Zameen.com as of March 2026, indicating high buyer demand. Specific listings include a 10-Marla house priced at PKR 2.9 Crore and various plots.

2026-04
Sources

Government Tender Issued for Petrol Pump Development within the Project

A government tender was issued in April 2026 for the lease of a 2-kanal plot located within the PAEC Foundation Housing Project, Lahore. The purpose is for the establishment of a Petrol Pump on a Build-Operate-Transfer (BOT) basis, indicating development of commercial amenities within the housing society.

2026-04
Sources

PAEC Foundation Announces Job Openings with April 2026 Deadline

Job advertisements were posted on 5 April 2026 by the PAEC Foundation, calling for applicants to fill various positions. The announcement specifies a final application deadline of 20 April 2026. Separate social media posts also circulated information about PAEC/Atomic Energy job openings for technical and support staff in 2026.

Ongoing Construction and Promotional Activity Highlighted in Video and Listings

Recent promotional activity underscores the project's ongoing development. A YouTube video released on 9 April 2026 by Fahad Estate & Builders provides a visual update on the Pakistan Atomic Energy Housing Society, showing construction progress and details for prospective buyers. The project is described as located on Canal Bank Road, opposite Bahria Town.

Reviews

Investment Potential

 

Potential for price appreciation once construction is complete, especially with upcoming infrastructure like Shehkam Flyover.

Sources

Location

 

Strategic location on Canal Bank Road opposite Bahria Town, with convenient access from Shahpur Chowk, Ring Road, and Multan Road.

Sources

Neighborhood Atmosphere

 

Peaceful area suitable for residential living.

Sources

Possession Issues

 

Long-standing delays in possession despite near-complete development.

Sources

Management & Administration

 

Unresponsive or absent management team that fails to address residents' issues.

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Utilities

 

Lack of electricity supply, with ongoing issues in getting grid connection.