Lahore Smart City Introduction

Lahore Smart City has become one of the most coveted real estate projects under the LDA jurisdiction over a short span of time. It’s located at the prime location of Punjab’s provincial capital. This housing society is completely legal and safe to invest in. Its NOC document ensures that this real estate project has access to basic amenities provided by municipal authorities. The basic and most important facilities promised to be provided are water, sanitation, electric, and gas services.

The fact that this housing project is sponsored by HRL(Habib Rafique Limited) and FDHL firms that have worked on Capital Smart City, Bahria Town, and DHA Islamabad, Lahore Smart City project provides us with more top-notch facilities to its investors.

Thus, with the Lahore Smart City NOC update, the housing society has seen an increase in investments, both domestically and internationally so much so that after its announcement of revised rates a lot of plots have been sold.

Lahore Smart City Developers and Owners

This smart city Lahore is associated with well-established construction and development firms in Pakistan— Lahore Smart City owners and developers are Habib Rafiq Pvt Ltd and FDHL. The Lahore Smart City owners and developers are responsible for working on many notable housing societies all over Pakistan. The best representation of their rigorous standard is Bahria Town and D.H.A. Islamabad both are considered the gold standard of real estate projects in Pakistan.

These developers offer their investors a certain peace of mind— they know that the owners and developers will deliver on their promise to create a housing society that is both affordable and the epitome of modernism.

Read: HRL Introduce the Top Tier Smart Cities in Pakistan.

Lahore Smart City Location

Lahore Smart City project is one of the most popular housing societies in the Pakistani real estate sector. Perhaps one of the biggest reasons for this is the Lahore Smart City project location.

If you take a look at the map provided to you by the housing society’s management, you will find that the Lahore Smart City location puts investors at a few minutes’ distances from most of the major commercial areas in Lahore. Moreover, the housing society neighbors’ prestigious real estate projects such as DHA Lahore, and the Allama Iqbal Airport— only 18 minutes away!

All the following roads lead us to this smart society which makes it highly accessible from different routes:

• GT Road
• M-2 Motorway
• M-11 Motorway
• Lahore-Sargodha Road
• Lahore Ring Road L-20
• from Hardosohal Muslim Road
• Khatie Narang Mandi Road, Balkhay Sheikhupura

Lahore Smart City NOC Update

However, Smart City Lahore has made a huge comeback, causing ripples in the Pakistani real estate market. Lahore Smart City NOC has received approval from the Lahore Development Authority (LDA).

The Lahore Smart City project NOC was issued in Feb of 2021 essentially making the housing project safe and legal to invest in. The housing society has seen an influx of investments from domestic and international clients ever since this Lahore Smart City NOC update.

Lahore Smart City Master Plan

The Lahore Smart City master plan is quite skillfully designed. Taking a quick look at it, one will notice that it mirrors the Capital Smart City master plan in that it aims to create a highly urbanized residential complex— one that is both affordable and upholds the international standards set by smart cities around the world.

As per the Lahore Smart City master plan, residential plots are divided into two blocks— Executive and Overseas. The plot cuttings offered in both blocks will be 5 Marla, 7 Marla, 10 Marla, 12 Marla and 1 Kanal. Whereas the commercial plots are divided into 4 Marla and 8 Marla where you can cheaply construct shops and rent them out— earning a stable monthly income.

The Executive block is designed to provide serious investors residing within the country with stellar investment opportunities— you are guaranteed high returns on investments (ROIs). As the name suggests, the Overseas Block is being developed specifically to cater to the needs of its foreign or overseas investors. The Lahore Smart City project promises to cater to the needs of these investors by adhering to strict international standards.

Lahore Smart City Payment Plan

Lahore Smart City project is a housing society that promises its investors a vast number of facilities and judging by Capital Smart City’s trajectory. What is even better is this smart city Lahore will do this while maintain a relatively affordable installment and payment plan.

That is right, the Lahore Smart City payment plan is such that it allows for investments to pour in from all kinds of income backgrounds. The Lahore Smart City project allows us to save 5% on 50% down payment and 10% on lump sum amount. The remainder of the payment is divided into the confirmation payment and quarterly installments. Find the initial prices as follows:

Lahore Smart City Executive Block— Residential Plots

• 5 Marla for PKR 2,685,000
• 7 Marla for PKR 3,490,000
• 10 Marla for PKR 4,945,000
• 12 Marla for PKR 5,425,000
• 1 Kanal for PKR 8,050,000

Lahore Smart City Overseas Block—Residential Plots

• 5 Marla for PKR 2,845,000
• 7 Marla for PKR 3,700,000
• 10 Marla for PKR 5,325,000
• 12 Marla for PKR 5,750,000
• 1 Kanal for PKR 8,490,000

Lahore Smart City Executive Block— Commercial Plots

• 4 Marla for PKR 8,950,000
• 8 Marla for PKR 17,450,000

Important: After the announcement of these new rates a lot of plots have been sold. You still have time, if you hurry, you might be able to benefit from the older Lahore Smart City payment plan.

Lahore Smart City Executive Block

Lahore Smart City executive block is one of the two blocks that have gained a lot of attention from investors in Pakistan as well as those abroad. The smart city Lahore executive block offers its residents a host of amenities such as affordable residential houses and apartments in a quaint and secure neighborhood. Moreover, those who invest in this block will have access to places of worship, retail, and commercial complexes. The housing project will also provide a safe and child-proof park where your children can go to blow off some steam. It is a known fact that children who set aside time to play grow up to well-rounded individuals. At the playground, your child will have the opportunity to socialize with kids of the same age.

Residential properties are not the only ones you can purchase in this block. Just like in the overseas block, the Lahore Smart City executive block offers commercial plots as well. We are anticipating the release of the Lahore Smart City project commercial plots for sale. Interested in booking your very own commercial plots?

Read: Lahore Smart City Plots to Hit the Market in 2022

As an investor, you will be liable to pay a 10% down payment on your plot as well as a 10% confirmation charge that is put in place after 60 days. The installment plan spans over 3.5 years and these charges are exclusive of any development charges.  Looking to invest in the Lahore Smart City project executive block? Get in touch with our proficient consultants today!

Lahore Smart City Overseas Block

The main difference between the Lahore Smart City overseas block and the executive block is that the latter is exclusively available to overseas Pakistanis or foreign nationals. This is because Smart City Lahore project owners and developers aim to create a block that caters specifically to the lifestyle of these international investors. Thus, this residential block is strictly available to foreign investors and overseas Pakistanis. Locals can, however, purchase these plots via plot transfers.

Thus, the block is said to be constructed adhering to international standards. Adopting this strategy of creating overseas blocks in both Capital Smart City and Lahore Smart City project is quite smart since it drives foreign investment. Moreover, the overseas block is being developed over the blueprint of Capital Smart City.

Much like the executive block, the Lahore Smart City project overseas block offers both residential and commercial plots. The housing

Much like in the smart city Lahore executive block, you will be required to make a 10% down payment along with another 10% confirmation charge. These charges are apart from the monthly installments required of you.

You might also like: Capital Smart City Announced Overseas Block Possession

Lahore Smart City Features

Lahore Smart City project offers their residents and investors the best of the best amenities in the Pakistani real estate market. The smart city lahore is a residential project that combines information and communication technology to collect data on its residents. It then uses this data to create a better lifestyle for its residents. These typically include a more streamlined transport system, better resource management as well as social services geared to promoting the housing society’s overall sustainability.

Lahore Smart City project features are reminiscent of top-notch housing projects abroad. By incorporating such salient features, the first smart city in Lahore strives to increase the living standards of each and every one of its investors.

Below are just a few ways in which we are reminded why Lahore Smart City features are superior to that of most housing societies in Pakistan.

•  Eco-friendly surroundings— the main goal of HRL is to create sustainable residential projects.
•  Advanced security with 24/7 surveillance.
•  Underground electrical plan, which adds to the beautification of the real estate project.
•  Since the latest, basic amenities such as areas 24/7 supply of gas, electricity, water, and sanitation are guaranteed.
• Alluring recreational spaces such as parks, lakes, resorts, and hotels.
• Moreover, the smart city Lahore also offers a sports club and shopping complexes.
• Incorporates high-end smart technology such as smart streetlights, electrical vehicle charging facilities as well as water quality management through smart technology.
• A salient Lahore Smart City project feature is the housing society’s ability to control the level of air pollution as well. This will ultimately lead to healthier residents.
• Gas and water leak detection along with waste management.
• Perhaps one of the best features offered by the housing society is its close proximity to the GT road as well as the Lahore Ring Road— this will allow for greater connectivity to commercial hubs.

Lahore Smart City Booking Process

As our experts have compiled an in-depth, and easy to follow, list of steps you need to book your plots in this esteemed housing society. The smart city Lahore allows for two main modes of booking— smart booking as well as manual bookings.

To summarize, smart city Lahore is done by registering with the website’s member portal. Next, you must pay online and simply submit your e-Form after choosing your mode of payment. Lastly, you can view your booking and allotment status online with payment details.

Some people are wary of online transactions and feel more comfortable doing things manually. The process for this Lahore Smart City project booking process is fairly effortless as well.

Below is a list of documents required of you:

• 2 passport-sized photographs of you
• Two copies of your CNIC
• 2 copies of your nominee’s CNIC
• The Lahore Smart City Booking form
• Proof of payment/ booking amount for the plot

Excited about booking your first plot in the Lahore Smart City project? Contact us for a free consultation to find out which plots, blocks, and payment plans that best suit your investment needs. Let, Makeen Marketing assist you with further details and queries!

Conclusion

Lahore Smart City is a lifetime opportunity and potential project which offers investors future growth and maximum returns. Lahore Smart City offers so much and cares for its investors. The project provides investors flexible payment plans for their convenience and ease. It has brought forth the quarterly installment plans and at the time of possession you only have to pay the first quarter installment. Because of these investors have an easy way to pay the charges. There is no entire upfront payment for investors and therefore, Capital Smart City Possession is going to be carried out with ultimate convenience

You can contact Makeen Marketing anytime to know about further details regarding Lahore Smart City possession. Call us today at 0330-0(MAK.EEN)625336 or visit our Booking office at Plaza D1, PWD Islamabad for bookings and other information.

Lahore Smart City FAQ’s