Are you searching for the perfect property to build your dream home? Look no further than a 1 Kanal plot. In this article, we will guide you through finding and buying a 1 Kanal property, covering essential factors, benefits, popular locations, tips for searching, financing options, and more. So let’s dive in!
Understanding the Concept of a 1 Kanal Plot for Sale
A 1 Kanal plot is a unit of land measurement commonly used in real estate. In most regions, 1 Kanal equals approximately 5,445 square feet or 605 square yards. It provides enough space to build a spacious house with a front and backyard and additional facilities such as a lawn, garage, and outdoor recreational areas. The size of a 1 Kanal plot makes it a famous option for someone and families looking for a comfortable living environment.
Factors to Consider Before Buying a 1 Kanal Plot
Before you decide, it’s crucial to consider several factors that can significantly impact your experience of owning a 1 Kanal plot.
The location of the plot plays a vital role in determining its value and prospects. Look for properties in well-established and desirable neighborhoods with easy access to schools, hospitals, shopping centers, and other essential amenities. Proximity to transportation hubs and major road networks can also enhance the plot’s appeal.
Ensure the plot you intend to purchase has clear and authentic legal documentation. Verify the ownership, title deed, and any associated encumbrances or liens. It’s advisable to consult a legal expert who can guide you through the process and ensure a smooth transaction.
Infrastructure and Amenities
Check the availability of basic infrastructure and amenities near the plot. This includes access to water, electricity, sewerage, and a well-maintained road network. Nearby recreational areas, parks, and community facilities can further enhance the location’s appeal.
Benefits of Investing in a 1-Kanal Plot
Investing in a 1 Kanal plot offers numerous advantages, making it a lucrative option for potential buyers.
Potential for Future Development
As cities expand and urbanization continues, the demand for residential properties increases. Owning a 1 Kanal plot allows you to capitalize on this growth. You can build your house or sell the plot at a higher price, earning a substantial profit.
Higher Resale Value
1 Kanal plots are highly sought after due to their spaciousness and prime locations. The resale value of such properties tends to appreciate over time, making it a wise investment choice. Whether you plan to sell the plot or build a house and then sell it, you will likely yield a handsome return on your investment.
One of the significant advantages of a 1 Kanal plot is the generous space it offers. You can design and construct a house that accommodates your lifestyle and preferences. You can enjoy a comfortable and serene living environment with ample room for gardens, lawns, and outdoor activities.
1 Kanal Plot Size Length and Width
The size of the 1 Kanal plot is 50 in width and 90 in length. Main Boulev Road is 100 feet wide and the street is 30 feet wide.
Five Years 1kanal Residential Plot Payment Plan in Park Lane City
Down Payment is 1,900,000
60 Monthly installment is 40,000
10 Half Yearly is 360,000
The final Land Payment is 1,600,000
The total price is 9,500,000
Facilities – 1 Kanal plot for sale in Park Lane City Lahore
- Underground Electricity and Light System
- Parks and tracks
- Internet facilities
- Gym and Sports
- Commercial Markets
- International Standard School
- Water Supply
- Safety and Security
For more information contact us at Info@parklane-city.com