5 MarlaPlot
PKR 60 Lakh
PKR 5,333 per sq ft
- Entry-level
- Bank financing available
Blocks A to D across roughly 1,444 Kanal towards Sundar Road, with about 2,130 residential and 291 commercial plots. A third of Phase 1's rate per square foot, and a genuinely different proposition — which is the part most listings leave out.
Reviewed by Khurram Hussain, Chief Executive
Updated August 2026
Phase 2 blocks, plot sizes and development status checked against the scheme's own records; prices are asking prices observed across public portals and HS Estate's on-ground checks, not agreed sale values.
+19% year on year
+18% year on year
+15% year on year
on the market in Phase 2
Phase 2 is the scheme's extension, master-planned around 2011 and with ownership and possession moving to buyers from roughly the end of 2019. It covers approximately 1,444 Kanal across four blocks — A, B, C and D — holding in the region of 2,130 residential plots and 291 commercial plots, in 5, 7 and 10 Marla and 1 Kanal sizes.
It carries the same LDA approval and the same Pakistan Air Force sponsorship as Phase 1, and possession has been handed over across all four blocks. What it does not carry is Phase 1's twenty years of build-out. The surroundings are lighter, the road access is thinner, and the community around your plot is still assembling.
That is the whole trade. You get a PAF-backed, LDA-approved address for roughly a third of the rate per square foot, and in exchange you accept a less mature location and a resale market that is shallower than the headline growth figures suggest.

Phase 2 at a glance
Scheme-level facts, separate from pricing. These change rarely; the prices change weekly.

Phase 2 sits about 5 km south-west of Phase 1, towards Sundar Road and Jati Umra Road, rather than on Main Raiwind Road itself. That single fact accounts for most of the price difference between the two phases, and it is the thing a buyer comparing them on a portal will not see.
Access is via the Sundar Road route, with the Lahore Ring Road roughly twenty to twenty-five minutes away and Allama Iqbal International Airport around thirty to thirty-five. Perfectly workable — but a different daily reality from Phase 1's interchange-on-your-doorstep position.
One caveat we would rather state than gloss: neither Google nor OpenStreetMap records Phase 2 as a distinct mapped place, so any map of it — including ours — shows the right area rather than a surveyed boundary. Ask for the society's own plot map before committing to a specific block.
Location
Blocks A to D across roughly 1,444 Kanal towards Sundar Road, with about 2,130 residential and 291 commercial plots. A third of Phase 1's rate per square foot, and a genuinely different proposition — which is the part most listings leave out.
About 5 km south-west of Phase 1 towards Sundar Road and Jatti Umra Road. Less mature surroundings, lighter road access, and roughly a third of the per-square-foot rate.
Neither Google nor OpenStreetMap records Phase 2 as a distinct mapped place, so this shows the right area rather than a surveyed boundary. Ask us for the society's own plot map before you commit to a specific block.
Average prices
Market-wide averages for Phase 2 alone, as of August 2026. Compare any asking price below against the row that matches its size — a plot well above the average needs a reason you can see on the ground, and one well below it needs a reason you can see on the file.
| Size | Average | Per sq ft | 6 months | 1 year | 2 years |
|---|---|---|---|---|---|
| 5 Marla | PKR 54.0 Lakh | PKR 4,800 | +10% | +19% | +22% |
| 7 Marla | PKR 68.3 Lakh | PKR 4,300 | +12% | +18% | +19% |
| 10 Marla | PKR 87.5 Lakh | PKR 3,900 | +7% | +15% | +25% |
Zameen Index · July 2026 release
As of August 2026, 5 Marla plots in Phase 2 average about PKR 54.0 lakh at roughly PKR 4,800 per square foot and are up about 19% over twelve months; 7 Marla averages around PKR 68.3 lakh and 10 Marla around PKR 87.5 lakh. Live asking prices sit above those index averages — 5 Marla plots are currently asking roughly PKR 60 to 70 lakh — because the index blends older and less well-placed stock while the asks reflect what is actually on the market today.
The upside is real and worth stating plainly: this is the cheapest legitimate route into a PAF-backed, LDA-approved Lahore society, at a per-square-foot rate about a third of Phase 1's. Percentage growth has been strong. Bank financing is explicitly available on some Phase 2 plots, which widens the buyer pool.
The risk is equally real. Strong percentage growth on a small base is easier to achieve than the same growth on a large one, and it is not the same as liquidity. If you need to sell in year two, you will discover that Phase 2's resale depth is thinner than Phase 1's. Buy it with money you can leave alone.
Available now
Plots, houses and commercial currently listed in Phase 2, with a per-square-foot rate on each one and a plain reading of how each asking price sits against directly comparable listings.
13 properties in Phase 2 · prices as of August 2026
PKR 60 Lakh
PKR 5,333 per sq ft
PKR 69.75 Lakh
PKR 6,200 per sq ft
PKR 75 Lakh
PKR 4,762 per sq ft
5% below other 7 Marla plots in Phase 2
PKR 78 Lakh
PKR 4,952 per sq ft
In line with other 7 Marla plots in Phase 2
PKR 80 Lakh
PKR 5,079 per sq ft
In line with other 7 Marla plots in Phase 2
PKR 90 Lakh
PKR 5,714 per sq ft
14% above other 7 Marla plots in Phase 2
PKR 92 Lakh
PKR 8,178 per sq ft
PKR 95 Lakh
PKR 4,222 per sq ft
PKR 1.25 Cr
PKR 2,778 per sq ft
PKR 1.50 Cr
PKR 13,333 per sq ft
PKR 2.00 Cr
PKR 8,889 per sq ft
Asking prices observed across public property portals and our own on-ground checks, correct as of the date shown. They are what sellers are asking, not agreed sale values, and they move week to week. Availability, ownership and Fazaia's own transfer standing are verified by HS Estate before any client commits. Never assume a listed plot is clean until it has been checked.
Card maps are centred on the listing's block where the seller states one, and on the phase otherwise. They are not plot-level pins; the society's own plot map is available on request.
Before you buy in Phase 2
In a developing phase the risks are about time and location, not legality.
Blocks A to D are at different stages. A plot with development and neighbours around it will behave very differently from one on an empty edge. This is the single largest variable in Phase 2 and it is invisible on a listing.
The published index sits below live asking prices here, because it lags and includes older stock. Score an asking price against comparable current asks, not against the index, or every plot will look overpriced.
Resale depth is thinner than the growth figures imply. Phase 2 rewards a five-year view and punishes a two-year one. If there is any chance you will need the money back quickly, this is the wrong plot.
Several Phase 2 listings advertise bank financing eligibility. Whether it applies to you depends on the bank, the plot's transfer standing and your own profile — not on the society alone. Confirm it case by case.
Talk to someone who walks these blocks
Prices on a page are a starting point, never the whole picture. If you want to know what a specific block is really trading at, whether an asking price is fair, or whether a particular plot is clean, just ask. Khurram Hussain heads HS Estate and answers personally.
Khurram Hussain
Chief Executive · HS Estate
Phase 2, answered
Specific, dated answers on Phase 2 pricing, blocks, location and process, current as of August 2026.
As of August 2026, 5 marla plots in Fazaia Housing Scheme Phase 2 average about PKR 54.0 lakh, at roughly PKR 4,800 per square foot, and are up about 19% over twelve months. Current asking prices run higher than the index average, from roughly PKR 60 lakh to PKR 70 lakh, because the index lags the live market and includes older, less well-placed stock. All figures are asking prices, not agreed sale values.
7 marla plots in Phase 2 average about PKR 68.3 lakh as of August 2026, at roughly PKR 4,300 per square foot, up about 18% over twelve months. Live asking prices generally sit between about PKR 75 lakh and PKR 90 lakh depending on block and position, and some are advertised as eligible for bank financing — which should always be confirmed with the bank rather than assumed.
Phase 2 has four blocks: A, B, C and D, across roughly 1,444 Kanal, holding about 2,130 residential plots and 291 commercial plots. Residential sizes are 5, 7 and 10 Marla and 1 Kanal, and 5 Marla commercial plots are also available. Possession has been handed over across all four blocks, though the blocks are at different stages of build-out.
About 5 km south-west of Phase 1, towards Sundar Road and Jati Umra Road, rather than on Main Raiwind Road itself. The Lahore Ring Road is roughly twenty to twenty-five minutes away and the airport about thirty-five. Neither Google nor OpenStreetMap records Phase 2 as a distinct mapped place, so published maps of it show the right area rather than a surveyed boundary — ask for the society's own plot map before committing to a block.
It is the cheapest legitimate way into a PAF-backed, LDA-approved Lahore society, at roughly a third of Phase 1's rate per square foot, and values are up about 19% over twelve months as of August 2026. That said, strong percentage growth on a small base is not the same as liquidity: resale depth here is thinner than in Phase 1. It suits patient investors and first-time buyers who can hold for several years, and it suits nobody who may need to exit quickly.
Some Phase 2 plots are explicitly marketed as bank-financing eligible, and several current listings state it directly. Whether financing is actually available to you depends on the bank's own criteria, the plot's transfer standing and your personal profile rather than on the society alone, so it needs confirming case by case before you rely on it. We check financing eligibility as part of the verification we run before any client commits.
Yes — possession has been handed over across all four blocks, A through D, with ownership transferring to buyers from roughly the end of 2019. Development around individual plots varies by block, though, so possession being available scheme-wide is not the same as your particular street being built up. That is worth checking on the ground before you buy.
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