AMC’s first rental project, Edgerton Road targets young female professionals and students from lower income families migrating from other cities in search of better employment opportunities and education prospects. Women in particular often face difficulty finding decent accommodation that is both safe and secure.
The project consists of the renovation of a former medium rise office block, along with the construction of an additional building behind. At present, the renovation phase is complete, providing hostel accommodation for 95 young women in 1-4 bed dorms, with each dorm having its own bathroom and WiFi provided throughout the building. The hostel also has a canteen along with smaller kitchens for self-catering, a study room and lounges on each floor. Finally, the ground floor provides commercial units for rental, which will help to address the increased demand for commercial property in Lahore.
Clients estimated to sit between 21st and 30th percentiles of incomes in Lahore
|Description||Type||Number Expected||Number Completed||Unit Size (m2)||Completion Cost |
|Monthly Cost |
|Finance Description||Finance Source|
|1 bed||Rental payment|
|2 bed||Rental payment|
|3 bed||Rental payment|
|4 bed||Rental payment|
Based on exchange rate on 31/10/2020
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Data last updated on 10/12/2020