Eden Housing Lahore: Best Investment Option for You?
Eden Housing, which at its initial stage was merely popular as Developers Group and Later as Eden Developers, was founded in early 1981. The developers behind that project are said to be the most notable and earliest real estate developers of Pakistan. Due to its tireless efforts and strong commitments, Eden Housing has expanded its worth beyond the boundaries of Lahore. In fact Lahore is the marvelous city that accommodates most of the commercial and residential projects of Eden Housing.
How it All Started?
It is no doubt the most interesting part of the developer’s story that Eden Housing started the first step of their developmental operations with a very small capital of PRs 250,000 in 1981. As it has no comparison to its today’s multibillion assets. According to an estimate Eden Housing is worth of an asset exceeding PRs 6 bn. Though there are numerous stories about the rise of that real estate empire, we would just emphasize on the progressive and positive aspect of Eden Housing. The main reason why we are ignoring all these rumors is that all that stuff can easily become subject of another rich blog post comprising of all the aspects surrounding it. This blog of ours especially focuses upon the documented history of Eden Housing as a business minded developer’s institute and an overview of their projects.
As stated earlier, the developers started their business journey with a negligibly small amount in 1983. Race View Villas, was its first housing project inaugurated in the Heart of Pakistan, Lahore. It had only 14 Villas located on the most ideal and marvelous location of Jail Road, facing the green lush health point, Race Course Park. After the success of Race View Villas, the developers were so much encouraged that hey launched their second project after a very short span of time. This project was named as Eden Housing, alias Gulberg Homes. These homes of various sizes and architectural structures were also 14 in number and were situated at the Syed Maratab Ali Road of Gulberg. That very project was delivered in 1984. Just after that project the developers decided to name their company as Eden Housing.
After a time span of two years, in 1986, Eden Housing launched their third and largest project named as Eden Homes. It is situated on Main Jail Road Lahore featuring 16 houses. Boosted by its continuous success, the Eden Housing launched by 1989, 5 simultaneous projects. The most remarkable Liberty Homes and Green View Homes were a part of these projects.
In the 90s, Eden Housing delivered it first grand housing project, named as Eden Villas. That project comprised of a set of 100 houses at the ideal and fantastic location of Q-Block, Model Town Extension, and Lahore. In the mean while Eden Park, the first farm house project, was launched by the developers in 1992. This project was spread over 1000 kanals near Raiwind Road, Lahore. Some other unique projects launched by the developers are as follows:
- Eden Centre on Jail Road.
- Eden Cottages-I, B-Block, DHA Phase-I
- Eden Cottages-II, adjacent to Eden Cottages-I
- Eden Heights, in 1997
- Eden Avenue, Defence Road
- Eden Defence Villas closer to DHA Phase-I Lahore.
Specific Area Planning & Community Revitalization
Eden Housing, as we have seen in the previous narration of this article, has a rich history of development and structural planning. In fact all that was possible as Eden Housing had a real working relationship of long lasting partnership with local communities. This partnership resulted in the implementation of the developer’s vision of affordable houses and community revitalization mega and small projects. A very much elaborated example of this is the Eden Housing working collaboration with the City of Petaluma. It was a revitalization program meant for the most awaited Central Petaluma Plan.
Similarly at the Josephine Lum Lodge, Eden Housing joined hands with Spectrum Community Services. Both these collaborators are currently looking forward to expand their mutual relationship into a new development featuring new commercial kitchen facility with housing apartments for the Spectrum's community meal service program.
It is out of any sort of doubt now that due to Eden Housing’s long-standing relationships and large portfolio, it can easily sustain the most competitive financing terms and conditions with regard to any housing project in any part of the country. Worth mentioning, Eden Housing was the first developer in the state of California to achieve tax credits successfully.