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Real Lead

The demand for land suitable for agricultural production in Pakistan increased by an estimated three to five percent last year. The ROI on such property ranges between 10 to 15% per annum.

Here are four areas in Punjab where agricultural land is available and is suitable for crop cultivation:

1. Dipalpur is located 25 kilometres south of Okara; ample farmland is available there, with natural, underground freshwater sources.

Facilities include: A canal irrigation system and storage space; two railway stations are located nearby.

Plot sizes range between: 10 and 50 acres.

Purchase price range: Rs 0.5-2 million per acre.

2. Hudiara Village is located on Burki Road, 20 kilometres from Lahore; minimal urbanisation in the vicinity makes it suitable for farming.

Facilities include: A canal irrigation network, drainage systems, storage facilities and proximity to a railway station and an airport.

Plot sizes range between: 5 and 10 acres.

Purchase price range: Rs 0.8-4 million per acre.

3. Rawat is located on GT Road, 20 kilometres from Islamabad; it is a small agricultural and industrial area.

Facilities include: Proximity to two railway stations, a dry port and a well-known vegetable market.

Plot sizes range between: 5 and 20 acres.

Purchase price range: Rs 1-3 million per acre.

4. Sharaqpur is located on Jaranwala Road in Shiekhupura, 40 kilometres from Lahore. It is famous for its fruit orchards.

Facilities: Storage sheds, cold storage and proximity to two railway stations and a dry port.

Plot sizes range between: 10 to 50 acres.

Purchase price range: Rs 0.5-2 million per acre.

– Syed Wajeeh-ul-Hassan Naqvi

Information provided by S Ijaz Shah (agricultural expert), Lahore and Tariq Khan and Sons, Islamabad.

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