5 Marla Plots for Sale / City Faisalabad - Filtered
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People looking for small investments across metro cities ideally invest in 5 Marla plots. New housing societies offer affordable plots for sale from 5 Marla to 2 Kanal and many housing societies also offer 5 to 10 Kanal Farmhouses.
Investing in new housing societies means buying plot files; there is a difference between plot and plot files. Let’s have a look at it.
What are plots?
A plot is a specific piece of land that people buy to make a house or commercial unit. The plot in the real estate industry means a piece of land, commercial or residential, that is intended to be owned by any person or legal authority. The plot is numbered documentation, which is physically marked and mapped out in any housing society or real estate scheme. The relevant housing scheme or society is approved and legalized by the government authorities.
Price of 5 Marla Plots for sale:
5 Marla plots are available in all housing societies, and there is a difference in prices accordingly. For instance, plots are available in prices from 30 Lacs to 1.2 Crore (depending on if it’s commercial plot or residential plot )in developed and NOC-approved housing societies like Bahria Town, University Town, Park View City, DHA, and Gulberg.
What is a plot file?
A plot File is a document that promises a land of a certain size in a particular area in a specific commercial or residential housing scheme. Plot files are documents in the particular land that would be developed later; it does not have any physical presence or legal authority. The plot files are not recognized or certified by any development authorities. However, property files are given numbers that are later converted into existing plots once they go through the balloting phase of the concerned housing schemes.
Price Trend of plot files:
Plot files in newly developing housing societies are available from 10 Lacs to 30 Lacs. The housing society includes Lahore Smart City, Blue World City, Nova, etc.
Why invest in 5 Marla Plots for sale?
5 Marla plot means land equal to 1125 square feet. The size of Marla has changed with time. Couple of decades before one Marla was 270 sq ft but now in housing societies one Marla is equal to 250 sq. ft., whereas in housing societies it is measured as; one Marla equals to 220 sq. ft.
With a sound construction plan, it can be built as a house for the average size family.
- Investing in a 5 Marla plot for sale equals investing in a better future sense of land ownership at affordable prices.
- 5 Marla plots are the highest in demand, and that is why you will find the specific cutting of plots in every housing society. There are blocks in schemes that are entirely dedicated to the plots with 4and 5 Marla cutting. So you can invest in any housing society easily
- 3 Marla and 5 Marla plots and plots files are readily available on investments. It is easy to construct with an average land size, and construction cost is eventually very low.
