About Canvas Mall & Residence
Canvas Mall & Residence is a mixed-use tower inside Al-Kabir Downtown (Al-Kabir Town Phase-II), Main Raiwind Road, Lahore -- linked to this DB's existing Al-Kabir Town society. Developer stated as BYD Developers (Pvt) Ltd (self-described as active since 2017), per the developer's own site (byddevelopers.com). Flagged explicitly rather than silently assumed: no independent (non-BYD) source -- no SECP record, no named leadership, no Zameen/Graana listing -- was found confirming BYD Developers as a distinct, verifiable construction company; every mention of "Canvas Tower"/"Canvas Mall" elsewhere describes it only as being located within Al-Kabir Town Downtown, developed overall by the well-established, independently-verified Al-Kabir Developers, without crediting a specific sub-developer. It is plausible BYD Developers genuinely built this specific tower on a plot within Al-Kabir's larger masterplan (as other sub-developers have done for other societies in this DB), but that could not be independently confirmed here -- added per the user's explicit instruction after this was raised. Studio apartments (275, 300 sqft), 1-bed apartments (450, 550 sqft), 2-bed apartments (850, 900 sqft), plus commercial shops, a food court, and office spaces. Payment plan (48 months, PKR 15,000/sqft flat across all residential sizes): booking + allocation + 48 monthly installments + 8 semi-annual payments (every 6 months) + structure payment + possession, PKR 4.125M-13.5M. Source: PropertyFinders (propertyfinders.com.pk), a marketing/reseller site rather than the developer's own official material -- flagged as such. Commercial/food-court/office pricing remains unpublished.
Payment Plans
Studio (300 sqft)
Total PricePKR 45 Lakh
Advance (13.33%)PKR 6 Lakh
Monthly InstallmentPKR 20,000
On Possession (20.89%)PKR 9.4 Lakh
Installment Period4 years
NotePKR 15,000/sqft flat. 48-month plan: booking 600,000 + allocation 600,000 + 48 monthly installments of 20,000 + 8 semi-annual payments of 75,000 (every 6 months) + structure payment 800,000 + possession 940,000. Source: PropertyFinders (propertyfinders.com.pk) flyer -- a marketing/reseller site, not confirmed as BYD Developers' or Al-Kabir's own official material, flagged as such rather than presented as a primary source. Figures reconcile exactly.
1 Bed (450 sqft)
Total PricePKR 67.5 Lakh
Advance (11.85%)PKR 8 Lakh
Monthly InstallmentPKR 35,000
On Possession (15.85%)PKR 10.7 Lakh
Installment Period4 years
NotePKR 15,000/sqft flat. 48-month plan: booking 800,000 + allocation 1,000,000 + 48 monthly installments of 35,000 + 8 semi-annual payments of 150,000 + structure payment 1,000,000 + possession 1,070,000. Source: PropertyFinders flyer (marketing/reseller, not the developer's own site). Figures reconcile exactly.
1 Bed (550 sqft)
Total PricePKR 82.5 Lakh
Advance (12.12%)PKR 10 Lakh
Monthly InstallmentPKR 50,000
On Possession (15.15%)PKR 12.5 Lakh
Installment Period4 years
NotePKR 15,000/sqft flat. 48-month plan: booking 1,000,000 + allocation 1,000,000 + 48 monthly installments of 50,000 + 8 semi-annual payments of 200,000 + structure payment 1,000,000 + possession 1,250,000. Source: PropertyFinders flyer (marketing/reseller, not the developer's own site). Figures reconcile exactly.
2 Bed (850 sqft)
Total PricePKR 1.3 Cr
Advance (9.41%)PKR 12 Lakh
Monthly InstallmentPKR 100,000
On Possession (12.16%)PKR 15.5 Lakh
Installment Period4 years
NotePKR 15,000/sqft flat. 48-month plan: booking 1,200,000 + allocation 1,200,000 + 48 monthly installments of 100,000 + 8 semi-annual payments of 350,000 + structure payment 1,200,000 + possession 1,550,000. Source: PropertyFinders flyer (marketing/reseller, not the developer's own site). Figures reconcile exactly.
2 Bed (900 sqft)
Total PricePKR 1.4 Cr
Advance (11.11%)PKR 15 Lakh
Monthly InstallmentPKR 100,000
On Possession (12.96%)PKR 17.5 Lakh
Installment Period4 years
NotePKR 15,000/sqft flat. 48-month plan: booking 1,500,000 + allocation 1,200,000 + 48 monthly installments of 100,000 + 8 semi-annual payments of 350,000 + structure payment 1,500,000 + possession 1,750,000. Source: PropertyFinders flyer (marketing/reseller, not the developer's own site). Flagged discrepancy: these figures sum to 13,550,000, PKR 50,000 (0.4%) more than the stated Total Price (13,500,000) -- kept exactly as published rather than silently adjusted.
Studio (275 sqft)
Total PricePKR 41.3 Lakh
Advance (12.12%)PKR 5 Lakh
Monthly InstallmentPKR 15,000
On Possession (21.94%)PKR 9.1 Lakh
Installment Period4 years
NotePKR 15,000/sqft flat. 48-month plan: booking 500,000 + allocation 600,000 + 48 monthly installments of 15,000 + 8 semi-annual payments of 75,000 (every 6 months) + structure payment 800,000 + possession 905,000. Source: PropertyFinders (propertyfinders.com.pk) flyer -- a marketing/reseller site, not confirmed as BYD Developers' or Al-Kabir's own official material, flagged as such rather than presented as a primary source. Figures reconcile exactly.
