A glut of new real estate developments in Lahore over the past has created a housing surplus in the city, keeping prices throughout much of the provincial capital largely stagnant, according to new data released by Zameen.com.Valancia Town located in Punjab Lahore Pakistan.It was first planned in the 1990s and construction began by PECHS through funding from Mashreq Bank.Valancia covers near about an area of 1,000 acres (4.0 km2).
|In Urdu:||والنسیا شہر|
|Administrative Town :||Nishtar|
|Union Council :||144 (Haloke)|
|Conceived by:||Manzoor Ahmed|
|Construction began by :||PECHS|
|Funding from:||Mashreq Bank|
|Area About:||1,000 Acres (4.0 km2)|
|More than :||100 houses in Valencia Homes|
|Price of plots in Valencia:||307,000|
|Affordable then:||DHA, Bahria and many Famous Societies|
|Banks Facilities:||Faysal Bank, MCB, UBL, Al-Habib, Meezan and Sindh Bank|
Valancia is a planned urban Gated Community located in south western part of Lahore, Pakistan, adjacent to Wapda Town and Johar Town. It is named after the city Valencia, Spain. Valancia is located on Defence Road, connecting, Multan Road, Raiwind Road, Ferozepur Road and M2 Motorway. It was constructed by Buildings and roads construction company Limited (BRCC). BRCC manages the day to day affairs of Valancia society. BRCC also manages Izmir, Lahore.
Valancia was first planned in the 1990s & started construction under the supervision of Mr.Manzoor Ahmad through funding from Mashreq Bank. But it became more famous in recent property boom after 2000 in Lahore and in Pakistan. Mr.Manzoor Ahmad has been with various banks and is the creator of Canal View Society, Lahore and Izmir, Lahore.
It is notable for its well-landscaped boulevards connecting a balanced mix of single-family detached homes, community and shopping centres.
Valancia also has an extensive system of paved pathways with grade separations over and under the boulevards. Valancia’s residential areas are separated into Blocks. Each Block has its own dedicated green areas and play grounds. On its southern side it has access from Defence Road other access is from the Wapda Town. A new direct access road from Khyaban-e-Jinnah Road is under construction which will provide another main access to the community.
Valancia covers an area of about 1,000 acres (4.0 km). All infrastructures are in place, which include network of roads, water supply system which draws on the society’s own tube well, power and gas supplies, and street lights, telephones. A host of other auxiliaries are also set up, including site horticulture and beautification, parks and playgrounds, mosque, round-the-clock armed security, a quality school of the Beacon house Schools System, sports club etc.
Valancia is a peaceful and quiet neighbourhood located away from the noise of city of Lahore. The roads and streets are well paved and the housing society is generally well maintained.
- 150 ft (46 m) Wide Main Boulevard with Link roads and Pavements
- Overground and Underground Electrification
- Independent Water Supply
- Sewage & Garbage Disposal
- Independent Electric Supply
- Valencia Central Mosque
- Secure and guarded walled compound
- Fully Trained Guards
- jogging tracks
- Parks and Playgrounds for Children
- Basketball courts
- Badminton courts
- Shopping Mall
- Valencia Community Centre
- Valencia Club
- Medical clinic
- Daewoo City bus terminal
It is a well maintained society with following facilities:
- Underground Electrical wiring
- Independent Water supply
- Independent Electric supply
- Good garbage and sewage disposal system
Valencia has a beautiful constructed central mosque. It has jogging tracks in the parks. For the game lovers, basketball court, badminton court is constructed. It has a club and many Schools. It has number of medical clinics. A Daewoo City Bus Terminal is also located here.Hence, all the basic facilities are here. For fun and recreation, Valencia arranges an Annual Spring Festival for its residents.
It is a fact that lack of health facilities is a major problem of Pakistan now days even in big cities, for this purpose Valencia town is providing health facilities through Rehana Mushtaq Clinic, MD Clinics and Hameeda Memorial Hospital to their residents. These health places are equipped with all latest treatment facilities and many famous surgeons of Lahore regularly visiting and helping the patients.
It is a one of the ideal and well-developed places to live in Lahore, which is gaining interest of people from all over Pakistan. Valencia is still affordable then DHA, Bahria and many famous societies, that’s why many people are planning to build their new homes in Valencia.The management of Valencia town is really working hard to satisfy their residents. They arranged many events inside the society for them like Cricket tournaments, Independence Day celebrations, Eid Festivals, etc.
According to Zameen.com, the average per Marla asking price of plots in Valencia is Rs. 307,000, which is comparable with the per Marla rate of property in DHA. The popularity and demand of property in Valencia Housing Society has called for its expansion in the form of Valencia Homes.Valencia Homes occupies a sound location in the huge premises of Valencia Housing Society and answers the special accommodation needs of many families. A little more than 100 houses in Valencia Homes are being occupied by the families who fully enjoy the green, serene and secure ambience of the colony.