Down Payment Range: PKR 1,475,000 - PKR 2,400,000

Project Description

Located on Main Canal Road in Lahore, amid the vibrant Union Living area, the premier real estate development known as 18 Park Residence is a project that was developed by Alif Holdings. The project offers luxurious apartment suites with one and two bedrooms, which has a total land area of 5.5 Kanal.

In addition to the fact that the site office is fully operational, the project has received all of the necessary licenses from the necessary authorities. The construction of the 18 Park Residence began in 2024, and it is expected to be completed and delivered over by the year 2026.

Furthermore, the project offers the facility of swimming pools in 1- and 2-bedroom suites which is a unique feature for the residents. Due to the fact that development is now in progress, prospective residents can expect a prompt and high-quality completion of the project.

This modern building is located in an area that is both secure and lively, and it boasts a tower that is 15 storeys tall and is fully equipped with modern amenities. An unmatched lifestyle experience is provided by 18 Park Residence, which was developed with the intention of providing luxurious living.

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    What's on Offer?

    The project offers the apartments which are fully designed to offer the ideal fusion of comfort, elegance, and modern living, guaranteeing residents a luxurious lifestyle. Following are the apartment types offered by the project.

    • Signature 1 Bedroom Apartments: 170 units (700 Sq Ft)
    • Premier 1 Bedroom Suites: 44 units (700 Sq Ft)
    • Premier 2 Bedroom Suites: 12 units (1300 Sq Ft and 1400 Sq Ft)

    LOCATION HIGHLIGHTS:

    18 Park Residence is strategically situated at a perfect location to offer convenient access to major city areas of Lahore and essential amenities, making it an ideal location for residents. Let’s examine how closely it shares this location with the city’s most significant landmarks.

    PAYMENT PLAN:

    The project offers a flexible 3-year payment plan, making it accessible for investors and residents. Booking starts from PKR 1,475,000 whereas monthly instalment starts from PKR 99,000. Let’s have a look at the payment plan offered by 18 Park Residence:

    18 Park Residence offers an unparalleled living experience with a host of standout features designed for luxury and convenience. Located in a prime area with easy access to key parts of Lahore, the residence offers park-facing apartments with balconies, ensuring serene views for every unit. Let’s have a look at the main features offered by the project:

    Strategic Location: Situated on Main Canal Road, 18 Park Residence offers easy access to all major areas in Lahore, making daily commutation easy.

    Park-Facing Apartments: 18 Park Residence offers a unique feature that each apartment has a balcony that faces a beautiful park. Residents will be able to enjoy peaceful scenic views.

    High ROI and Rental Yield: The project guarantees significant returns on investment and high rental yields, making it an excellent investment opportunity for smart investors.

    Home Automation: The project offers a modern living experience with features that are united into the home automation system, and they are fully equipped with RFID technology.

    Premier 1 & 2 Bed Room Suites with Independent Swimming Pools: The residents will enjoy the extravagance of having a swimming pool in their suites, which is a cool idea for de-stressing and enjoying leisure time.

    On-Call Services: On-call housekeeping and laundry services will be offered to the residents to ensure the additional convenience. This is to ensure that the residents will have a living experience that is free of hassle.

    Sports Club: The sports club boosts a lifestyle that is active and healthy by providing designated places for a diverse range of sports, including basketball, badminton, table tennis, and more.

    Rental Management Services: Residents will be able to take advantage of free rental management services, which will simplify the process of renting out residential units and carrying out regular upkeep.

    Premier Apartments & Suites: These luxurious apartments will come with private pools attached to them, giving tenants the opportunity to enjoy a private living experience that is unique in terms of luxury.

    Earthquake Resistance: The project will be built to withstand earthquakes with magnitudes ranging from 7 to 7.5, which guarantees the safety of the people. The building was constructed using highly advanced construction techniques.

    Additional Project Highlights

    Alif Holdings has a long history of completing timeline and with excellent quality. Major locations like Bahria Town, EME Society, Motorway, Thokar Niaz Baig, and Emporium Mall are easily accessible from this excellent location on Main Canal Road, which spans 5.5 Kanals. The project offers verified rental yields and capital gains that lead the market. A first-rate living experience is guaranteed by the building management’s devotion to international hospitality standards.

    Project Returns

    18 Park Residence is a profitable investment since it offers strong rental yields in addition to significant capital gains each year.

    Project Returns

    • AR-13 and 14 Arcade
    • AR – 8, 9, 10, and 12 Arcade
    • Eiffel Arcade
    • Platinum Square 1, 2, and 3

    These projects reflect the developer’s commitment to quality and excellence in the real estate sector.

    Developer of 18 Park Residence is Alif Holdings, a well-known brand in the real estate sector with a track record of launching top-notch projects. The development is planned by Promag (Pvt) Ltd., an award-winning architectural firm with a portfolio of notable projects.

    SUMMARY

    18 Park Residence is set to be a revolutionary development in Lahore, offering luxury living with a comprehensive range of amenities. Its strategic location, high-quality construction, and world-class facilities make it an excellent investment opportunity. The project is anticipated to give a high rate of return on investment and a superior lifestyle for its residents.