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CENTRAL PARK,

(100242)
   HassanHC®
Wednesday, May 4, 2016 09:59 AM 
Reply: >
Please discuss CENTRAL PARK LAHORE for investment

Is it LDA APPROVED
which blocks have possession
What are the issues in it
What blocks are recommended

Long term prospects

LRE TEAM please evaluate this scheme as a whole
CMY SAAB
Laiq Ur Rehman® replied on Wednesday, May 4, 2016 12:03 PM 

A very good society. I must say that I was surprised when I first time visited the society. The development is quite good also they have well maintained the society. A, B and G Block are recommended. Or I would say on ground plots.

How LGS is there as well. Personally I really liked it. It had everything you could all for. Grocery store, hospital and school. A lot of construction going on.

Drawback: the locality is the only issue I see.
Laiq Ur Rehman® replied on Wednesday, May 4, 2016 12:05 PM 

A very good society. I must say that I was surprised when I first time visited the society. The development is quite good also they have well maintained the society. A, B and G Block are recommended. Or I would say on ground plots.

How LGS is there as well. Personally I really liked it. It had everything you could all for. Grocery store, hospital and school. A lot of construction going on.

Drawback: the locality is the only issue I see.
common man replied on Wednesday, May 4, 2016 01:13 PM 

Society has only delivered one third of total plots for possesion
HassanHC® replied on Wednesday, May 4, 2016 04:07 PM 

Please elaborate this point Mr Laiq as I have never visited this society.


"Drawback: the locality is the only issue I see".
umerjee replied on Wednesday, May 4, 2016 04:31 PM 

its very good society.A BLOCK fully developed.B,G,F ARE partially developed.LGs,medical college and hospital are fully operative.A big cash and carry to open soon.500 kanal park is another beauty.lot of construction activity is going on and in last two months 10 marla plot in A block has risen from 33 to 38.very good society to live in low budget.ADVISE,but buy only in pocession area.
Muhammad Asif® replied on Wednesday, May 4, 2016 05:41 PM 

1. Yes it is LDA approved.
2. A, B and G blocks have possession, Block G has partial possession.
3. There are no issues, just go for on ground plots.
4. All three possession block are good.
5. Very good society, you can not find such infrastructure and location in this budget and on top of that you can start building your home immediately.
After development of LRR and metro extension which is very very likely in future, you will see a high jump in prices coz it is not in the radar of investors yet. You can not go wrong with it.
Should go and check yourself :-)
Adnan replied on Wednesday, May 4, 2016 07:11 PM 

Pros:
Nicely developed society with very affordable rates.
Block A and B has full possession and G (90%) and F Block (50%) approx.
Gas, electricty, hospital and school LGS available within society
minimum Roads 40 ft wide
500 kanal ceneral park
well populated but rates still reasonable
fast transfer of plot ownership within 3-4 working days
Road maintenance and Cleaning is quite good

Cons:
natural water is not drinkable thats why soceity provides filter water at home.
No Shashka (lake , zoo, Golf Course)
Only accessible via conjusted ferozpur road through Kahna/Gajumata
LRR will have very less effect on this society because in every way you can not avoid conjusted traffic of Kahna in working hours

you will see mostly average looking houses except few on main boulevard thats why it could not be considered as 1st class society.

Recommended for home construction for living in low budget but for short time investors, not recomended because you can not get 2-3 months biyana time in this society for good plots when processing time is only 3 days :)
and transfer fee including stamp cvt is 1.25 lakh for 10 marla.
Laiq Ur Rehman® replied on Wednesday, May 4, 2016 07:55 PM 

@HassanHC: Locality meant the ferozpur Road. Though its just 1-2 signals till Kalma Chowk from the society but the traffic is rough. its around 22 KM till Kalma chowk but takes only about 20-25 mins. The society has installed filtration plant for the water which itself is costly. 500 Kanal park. I really liked the society as the society gave me the cul de sac feeling.
Ahsan Ali replied on Thursday, May 5, 2016 03:15 AM 

It is one of the best investment at the moment due to underprice and very good infrastructure.In addition to above mentioned features it has following too:

1) Gated community and provides excellent security

2) Commercial area is booming lots of shops

3) Secured qabza free investment

4) The impact of LRR will be good becuase LRR will connect it to DHA and Airport.

5) Metro bus extension already approved till SUA Asil, if it happens the price hike will be phenomenal atleast 40%.

6) The 500 kanal park is better than a Golf course in many socities where administration charge hefty fees. The park is well maintained and free for community.

7) Marriage Lawn

8) They are in process of adding more shaska such as cinema, community centre etc.

9) It is underdog but performing very well and price hike is evident
Iftikhar Ahmad replied on Saturday, May 7, 2016 10:36 AM 

All Dear friends.
As an overseas pakistani, One thing more I want to share with all of you. I buy one 10 marla plot in Central park in F block in Aug-2008, after two month Oct-2008 they changed the layout plan and allotted me plot with new number and location.
Today in 2016 I call the central park office to check my plot number and got surprised that they and changed my plot again (second time) from 80ft road to 40ft road without informing me. Regarding development work in F block, still they have no proper answer. Other all Pros:& Cons: or OK but what about this issue. How could they change the plot number and even not informing the peoples. One day they may will shift near the grave yard coz one should not get some good returns.
Thank & Regards
Ehtasham replied on Wednesday, May 18, 2016 12:33 PM 

Dear All,
can you please guide me what is meant by partial possession?
Does 50 possession means that 50% plots are given possession in the block?
Initially I thought the possession term is for the complete block, not for individual plot.
Can you please tell what are the reasons for not providing possessions? Is it because buyers of plot have not paid full money yet or some ting else.
Thank
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