Dream Gardens Lahore is a housing project By Izhar Monnoo Developers spanning over 4000 kanals. Phase 1 was announced in 2011 over an area of 900 kanals and it was completed in 2014, 1.5 years before the timeline. Phase 1 is a successful story and over 300 families are currently living there. Phase II is planned on an area of 1600 kanals and remaining area is for Phase III.
Dream Gardens is located on Defence road, 1.5 Km off Raiwand road, Bhoptian chowk. It is completely gated society with 3 entry/exit points, two from Defence road and one from Bahria Town Nargis block. Dream Gardens Main Boulevard connects with Bahria town via Nargis block.
Dream Gardens phase 1 is a huge success. Izhar Mannoo not only fulfilled its commitments but also delivered Phase 1 before time. Phase 1 has plots ranging from 3 Marlas, 5 Marlas, 8 Marlas to 20 Marlas.
Phase 1 launching prices were around 2500,000 for 5 Marlas and within 4 years price has appreciated by over 150 %, this is also an evidence for strong demand in this area for good housing projects.
Commercial area of phase 1 is also picking up activity as more and more retail and grocery stores are opening up, Muslim Commercial bank has already acquired a place there and planning to built one of its regional branch. Pak Turk School branch has been operating for sometime; it’s one of the leading schools of the Lahore, 50% fee is waived off for the residents.
Dream Gardens land for phase II is completely acquired and owned by Izhar Monnoo group there is not a single inch which is in dispute, unlike other housing societies which often has small pockets of villages and disputed areas.
There is old saying that there are three factors that determine the value of property Location, Location, Location. When determining value of property, location is considerably far more important than what the property is.
Factors to evaluate Location are as follows:
Neighborhood is all about proximity of amenities i.e. amusement parks, public transport, railway stations, quality of schools, Universities and intangible elements like perception of security in the surroundings. Dream Gardens fulfilled all of these requirements. It is completely gated society and has more parks than any other society of similar size. Apart from Main Park, there are parks and open areas in every block. A botanical garden has been established over 10 kanals. Lahore’s top universities and Schools are found in its surrounding. Orange line station is also very accessible along with other readily available public transport. All these factors make Dream Gardens location very approachable and convenient. Roads are also very wide and spacious. Most roads are 60 and 40 feet wide, even where plots are of 5 Marla, roads width remains over 35 feet. Main Boulevard is of 150 feet wide.