what is lot-size in real estate?, al sadat marketing, real estate agency in blue area islamabad

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Have you ever heard the term “lot size” in relation to real estate and wondered what it means? If so, you should be aware that the size of the plot of land on which a property is situated is referred to as the lot size in the context of Pakistani real estate. Multiplying the width and length will yield the lot size for definite shapes like squares and rectangles. More intricate shapes, however, call for measuring the lot’s perimeter.

When buying a property, the lot size matters as it affects the available space for building structures and outdoor activities like landscaping.

The size of a lot has a big impact on a lot’s worth, the possibilities for architecture, and the way homeowners live their lives in general. Understanding lot sizes is essential for making informed decisions in the constantly changing real estate market, regardless of whether you are a seller, buyer, or just an enthusiast for real estate. We will explore lot sizes, their significance, and their impact on Pakistani real estate transactions in this extensive guide.

What Constitutes Lot Size?

An individual lot’s area is its primary feature. No matter what the natural landscape features are, this area is usually thought of as level and flat. A lot, for example, may be in a hilly or plateau area, but its size is measured in square feet or square meters.

Determining an Ideal Lot Size

The ideal lot size largely depends on your specific needs. It’s essential to consider the minimum area required to meet your objectives. However, several factors can influence lot size, including the intended use of the property.

For commercial purposes, the lot size is generally larger than that of a residential property. Local zoning regulations also exert a considerable influence on determining lot dimensions.

To ascertain the minimum required lot size for your area, it is advisable to consult local authorities or zoning guidelines.

Common Lot Size Measurements in Pakistan

In Pakistan, lot sizes are typically measured in square feet, square yards, or marlas. Here are the most common lot size measurements being used across the country:

Linear Measure of Land

Basic UnitConversion Value
1 inch2.54 centimetres
1 foot30.48 centimetres
1 yard91.44 centimetres
1 mile1.61 kilometres
1 Ghatta8.25 feet

The Square Measure of Land

UnitValue
1 square foot0.093 square metre
1 square yard0.836 square metre
1 square mile2.59 square kilometre (259 hectares)
1 acre0.405 hectares
1 Acre4 Bigha 16 Biswa (4,840 sq. yds)
1 Bigha20 Biswas (1,008 sq. yds)
1 Biswa50 sq. yds

Units Native to Pakistan

UnitValue
1 Karam5.5 feet
1 Marla9 sq karams (272.25 sq ft)
1 Kanaal20 marlas (5,445 sq ft)
1 Keela8 kanaals (43,560 sq ft = 1 acre)
1 Marabba25 keelas (1,089,000 sq ft = 25 acres)

Square Feet: Square feet are commonly used in urban and suburban areas. Lot sizes can range from a few hundred square feet in densely populated cities to several thousand square feet in suburban locations.

Square Yards: Square yards are another prevalent measurement. One square yard is equivalent to 9 square feet. Lot sizes are often expressed in hundreds or thousands of square yards in more suburban and spacious locations.

Marlas: In Pakistan, especially in parts of Punjab and Khyber Pakhtunkhwa, marlas are a traditional unit of land measurement. One marla equals 272.25 square feet. Lot sizes in marlas typically range from 5 to 20 marlas, but larger plots can go well beyond.

What Are Small Lot Sizes in Real Estate?

A lot that is smaller than 3,000 square feet is usually regarded as such. It’s important to keep in mind, though, that local standards and geography have an impact on what constitutes “small.”

A small lot is typically substantially smaller than an average-sized lot. The search for a home that meets their needs on a small lot is often fraught with difficulties for prospective homeowners.

However, there are benefits to buying a house on a small lot, such as lower initial costs and less upkeep needed.

What is the Significance of Lot Sizes in the Real Estate Business in Pakistan?

Property Valuation: In Pakistan, as in many other parts of the world, the size of a lot has a substantial impact on property valuation. Generally, larger lots tend to command higher prices, especially in desirable neighbourhoods. A spacious lot can offer more privacy, room for landscaping, and potential for future expansion, all contributing to an increased property value.

Development Prospects: For real estate investors and developers in Pakistan, lot size plays a pivotal role in determining the potential for construction. Larger lots often allow for more extensive development, including the construction of multi-story buildings, adding more units, or creating attractive outdoor amenities. Smaller lots may have limitations on what can be built, making it essential to analyse the lot size vis-a-vis your development plans.

Outdoor Living: The lot size directly impacts the outdoor living space for homeowners. In a country with diverse climates, having ample space for gardens, recreational areas, and outdoor amenities is highly desirable. Lot size can be the difference between a small patio and a flourishing garden.

Zoning Regulations: Understanding the zoning and land-use regulations is of paramount importance in Pakistan’s real estate market. Local authorities enforce regulations that dictate how properties can be developed, including parameters like setbacks, height restrictions, and land use. Compliance with these regulations is essential when buying or developing real estate in Pakistan.

Frequently Asked Questions (FAQs)

Q1. How do I convert marlas to square feet or square yards?

A1. To convert marlas to square feet, simply multiply the number of marlas by 272.25. For square yards, divide the result by 9.

Q2. Are there standard lot sizes in Pakistan, or do they vary widely?

A2. Lot sizes can vary significantly in Pakistan, depending on the location and type of property. There are no fixed standard lot sizes, but some typical sizes are prevalent in different regions.

Q3. Do zoning regulations apply uniformly across all of Pakistan?

A3. Zoning regulations can vary by city and province in Pakistan. Each local authority may have its own set of rules and regulations, so it’s important to research and understand the specific regulations that apply to your property.

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Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad ProjectsRawalpindi ProjectsGujar Khan ProjectsBurhan Projects, and Peshawar Projects etc.

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