In a significant development for Lahore's real estate sector, Property Miles, the official deal holders and top-performing strategic sales partner of Etihad Town, has successfully secured major commercial real estate deals in Etihad Town Phase-III Commercial. This move further strengthens the company's footprint in Lahore's premium commercial corridor, marking a pivotal moment for investors and businesses in the region.
Acquisition of Prime Commercial Plots
The company has acquired prime commercial plots, including an 8-marla and a 5.33-marla plot on Pine Avenue, as well as an exclusive 1-kanal commercial plot on Jhelum Road. These plots are strategically located on the 150-foot-wide Pine Avenue Commercial Road and the 300-foot-wide Jhelum Commercial Road, offering high visibility and seamless connectivity to Ferozepur Road. This prime positioning is expected to enhance accessibility and attract substantial foot traffic, making it an ideal hub for commercial activities.
Etihad Town Phase-III as a Structured Investment Project
Etihad Town Phase-III Commercial is being positioned as Pakistan's first structured road commercial investment project. It features a three-year payment plan, providing a flexible and accessible investment opportunity for a wide range of investors. This limited-time offering is designed to capitalize on the growing demand for premium commercial spaces in Lahore, with modern planning and infrastructure that sets it apart from traditional real estate developments.
Confidence in Long-Term Commercial Potential
Commenting on this development, Rizwan Ranjha, CEO of Property Miles, emphasized that as the official deal holders of Phase-III Commercial, the acquisition of these strategically located plots reflects the company's strong confidence in Etihad Town's long-term commercial potential. He highlighted that the project's prime location, coupled with its modern amenities and flexible payment structure, is poised to attract significant investor interest, driving growth in Lahore's commercial real estate market.
Impact on Lahore's Commercial Landscape
The acquisition by Property Miles is expected to have a transformative impact on Lahore's commercial landscape. By securing plots in such high-visibility areas, the company is not only expanding its portfolio but also contributing to the development of a vibrant commercial corridor. This initiative aligns with broader trends in Pakistan's real estate sector, where structured and well-planned projects are increasingly favored by investors seeking stable returns and growth opportunities.
Overall, this deal underscores the dynamic nature of Lahore's real estate market and the strategic moves by key players like Property Miles to leverage premium locations for long-term success.
