Union Developers Pvt LTD., bags Real Estate Asia Awards win for housing project | Real Estate Asia

Union Developers Pvt LTD., bags Real Estate Asia Awards win for housing project

All the properties in the project have been sold out even before it was launched.

Real estate developers, Union Developers brought home the Residential Development of the Year - Pakistan category win at the recently held Real Estate Asia Awards for its unique housing project- UNION LIVING.

The housing project has risen as one of Lahore's top real estate residential and commercial developments due to its modern architecture, planned community, solid infrastructure, beautiful location and necessarily associated utilities being intact and in easy proximity.

In the planning process, the Executive Director of the group, Mr. Naeem Ahmad Malik has always given top priority to the location before launching any housing and commercial venture, which serves as a key to success. 

“We are known for being a developer having projects in all the prime locations of the city. This project being in the epicentre is in close proximity to a cluster of schools, colleges, and universities. Moreover, several hospitals and clinics are also in the vicinity. Neighbouring fast-food restaurants, supermarkets, and cafés make it a bustling and happening site of the city,” the company said.

It is thoughtfully planned with residential and commercial areas being parted yet not alienated from each other. The development has 55% of areas reserved for amenities and perfectly manicured lush green parks. Union Living exudes a warm welcoming bustling sight, with its commercial areas being extensively spread parallel on the bank road of the famed - The Lahore Canal. 

The project also has an artistic ‘Gate House’ which is fully completed and a Grand Jamia Masjid with a capacity of over 1000 pilgrims.

Meanwhile, two overhead water reservoirs are planned for the project to ensure the supply of clean and uninterrupted water supply. One of these reservoirs is already completed and the other one is being constructed.

The project has its all-running front along the canal bank road reserved for the commercial hub to ensure that the businesses are easily approachable and not disturbing the peace of the residential community living in the residential development.

Union Living also has 24/7 security and surveillance along with an on-site control room equipped with smart technologies. All the utilities and sewerage systems of the project are designed and planned underground.

Amongst the biggest qualities that brought victory for the property developer is that Union Living has been launched with the ballot in 2022. It has been developed in only one year and its plots are ready for possession and construction. More so, all the properties have been sold out even before the housing project was launched.

Pakistan is a country of 23 million population with a population growth rate of 1.98% in the year 2023. The real estate market in Pakistan is expected to grow by 2.75% in 2023, which is surely good news for buyers and investors. According to the Karachi Chamber of Commerce and Industry, the country is facing a shortfall of 0.5 million housing units per year in 2023. At the present time, several trends are emerging in the Pakistani real estate market. 

The top trends are the growing demand for affordable & sustainable housing, vertical cities, and mixed-used constructions. Union Developers Pvt. LTD is well equipped, experienced, and passionately aspired to diligently geared up in taking a lead from the front by providing the industry’s world-best practices in real estate in Pakistan.

Real Estate Asia Awards honours the most innovative real estate developments and laud industry players in Asia Pacific that stand out in the market.

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