Lahore’s Upcoming Commercial Strip – Hali Road

Stretching for nearly to kilometres between the Main Market and the Gaddafi Stadium, Hali Road is quickly making its presence felt as an emerging commercial hotspots in Lahore, offering plenty of shopping , eating and recreational options.  Shopping and much more… If you are on the lookout for trendy clothes or quality household accessories at bargain prices, Hali Road is a go-to place. Over the years, pockets and electronic markets and mobile and computer shops have cropped up. The most well-known of which is the Hafeez Centre. The presence of several banks, corporate MNC offices, quality educational and healthcare facilities, and wedding marquees, to the never endings traffic jams along the road.

From road side dhabas to fine dining… Hali Roast is the location of one of the most well-Known fine dining in Lahore , Chen One La Atrium Restaurant. Several smaller cafes-offering continental and Lebanese cuisine – are a stone’s throw away. If you are in the mood for a traditional desi meal then head to anyone of the many dhabas located there; Rajestani Tikka is Known for its scrumptious barbecue and Haji miraj Din Desi Murgh Channay offers its mouth-watering murgh channay specially.

The real estate take…. Originally a residential area, its accessibility and centralised location attracted considerable investor interest and today, almost all of the residential projects have been repurposed to serve as commercial enterprises. These include standalone shops, retail spaces in low-as well as high-rise buildings and office space for companies. Commercial property prices have  increased by almost 20% and rentals by 10% in the last five years. The demand and value of commercial property is expected to increase further in the next three to five years.

In a nutshell….  Despite increasing investor interest that has led to the establishment of quality fine-dining and recreational avenues, Hali Road still as a long way to go before it can match the ambiance of Lahore’s trendier areas such as Gulberg and Liberty Market.

By Maheen Hassan

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