Lahore Smart City project quickly becoming of the most coveted real estate projects under the LDA jurisdiction. That is right ever since the approval of the Lahore Smart City NOC. This means that the housing society is completely legal and safe to invest in. A NOC document ensures that a particular real estate project has access to basic amenities provided by municipal authorities. These include water, sanitation, electric, and gas services.
Thus, with the Lahore Smart City NOC update, the housing society has definitely seen an increase in investments, both domestically and internationally.
According to the Lahore Smart City project map, the society is located near the Lahore Ring Road and the Kala Shah Kaku Interchange. This puts the housing society in an incredibly strategic position, allowing its residents and investors ease of access. The Lahore Smart City project location is masterfully selected as gives its residents that perfect blend of a serene life, far removed from the commotion of the city, but not too far that it isolates them from the rest of the city.
According to the information, we have gathered, the Lahore Smart City installment plan is as such— it is based on quarterly installments. What this essentially means is that you have a mere two installments to pay per annum.
All you need to do is pay your 10% down payment and move on to booking your plot in Lahore Smart City Executive Block or the Lahore Smart City Overseas Block. Moreover, we have news that Lahore Smart City commercial plots are expected to hit the market very soon. These commercial plots are said to yield high returns on investments and thus, come extremely recommended by our real estate agents.
The fact that this housing project is sponsored by HRL and FDHL, firms that have worked on Capital Smart City, Bahria Town, and DHA Islamabad, we can tell that the Lahore Smart City project will provide top-notch facilities to its investors.
Read also: Lahore Smart City NOC and Legal Issues by LDA.
Lahore Smart City Project Location
Lahore Smart City project is rapidly becoming one of the most popular housing societies in the Pakistani real estate sector. If the trajectory of Capital Smart City is anything to go by, this is only the beginning of Lahore Smart City’s acclaim.
Perhaps one of the biggest reasons for this is the Lahore Smart City project location. Much like its counterpart in Islamabad, the location of Pakistan’s second smart city was carefully selected— ensuring a vast web of transport routes at its disposal.
To be more exact, the real estate project is situated on the Lahore Bypass, in the vicinity of Kala Shah Kaku. The best thing about this location is that it offers residents and investors increased accessibility through the Lahore Interchange which connects to GT Road as well as the Lahore-Sialkot Motorway.
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You can tell that a lot of thought went into deciding on the Lahore Smart City location since not only will the housing project be in close proximity to the GT Road, Lahore Interchange, and the Lahore-Sialkot Motorway but will also have access to the Lahore Ring Road.
Ring Roads generally have economic zones and business hubs built along with them. This essentially means that you, the investor, will have access to this entire commercial complex and may also be able to look for employment opportunities closer to home. We all know how pesky rush hours can get!
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!
Lahore Smart City Owners and Developers
As you may have already figured out, Lahore Smart City is being closely watched by many experienced real estate investors all over Pakistan. You may wonder “Why? The housing society is just starting out. Why is it getting so much attention?”. The answer is quite simple. The housing project 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 standards is Bahria Town and D.H.A. Islamabad. Both are considered the gold standard of real estate projects in Pakistan.
Thus, when potential investors find out that the Lahore Smart City project is associated with these real estate giants, their interest in the housing project is automatically piqued. 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.
Habib Rafiq Pvt Ltd has been operating in the Pakistani real estate market for over 60 years and has not only created numerous employment opportunities but also have immensely elevated the standards of the real estate sector in Pakistan.
You may be surprised to find out that real estate is not the only economic sector HRL dabbles in. They have operations in industrial projects such as power, chemicals, infrastructure as well as oil and gas. Moreover, the company has worked on aviation projects as well as infrastructure, housing as well as design and environmental areas.
Because of its affiliation to FDHL and HRL, great things are expected of the Lahore Smart City project in terms of its infrastructure and overall development.
Lahore Smart City NOC Update
For a long time, there was a little uncertainty revolving around the Lahore Smart City NOC and other legal issues. Whenever there are rumors surrounding a real estate project so early into its conception, people become quite wary of placing funds into it.
However, the Lahore Smart City project has made a huge comeback, causing ripples in the Pakistani real estate market. The latest Lahore Smart City NOC update is that it has received approval from the Lahore Development Authority (LDA).
Previously the housing society had its layout plan approved by the municipal authority. This was the first signal to smart real estate investors that the real estate project would bounce back from all the speculation. Once the layout plan of a residential project is approved, not much stands in the way of it acquiring a NOC.
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.
Having a NOC is crucial to establishing the legitimacy of any real estate project. A no-objection certificate is important in getting the housing society basic amenities from other municipal authorities. These facilities range from water supply to sanitation, from gas to electricity services.
Lahore Smart City Master Plan
Investors in the Pakistani real estate market have kept a close eye on the development of the Lahore Smart City project. As mentioned before, since its conception, the housing project has gained a lot of traction due to its ties with HRL and FDHL. Apart from this, what caught the eyes of many was the fact that it is a smart city. One of the first ones in Pakistan, at that.
Master plans tell us a lot about a real estate project. Not only does it provide a conceptual layout of the project but can also give investors an idea of how the management will go about developing the society. Thus, it is always a good idea to look into the master plan of any real estate venture you might be thinking of investing in.
The Lahore Smart City project 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 will be divided into two blocks— Executive and Overseas. The plot cuttings offered in both blocks will be 5, 10, and 20 marlas. 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.
Apart from this, we are expecting the availability of Lahore Smart City project commercial plots for sale in the near future. These offer a fruitful investment opportunity as you can either purchase these plots at pre-launching rates and sell them at a high profit later, or you can cheaply construct shops and rent them out— earning a stable monthly income.
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Lahore Smart City Installment and 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, it will deliver on each and every one of these promises. What is even better is this smart city 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. Much like its counterpart in Islamabad, the Lahore Smart City project allows for a 10% down payment. The remainder of the payment is divided into the confirmation payment and quarterly installments.
The housing project offers investors a wide variety of plot cuttings to choose from, and according to the Lahore Smart City payment plan, they are quite suitably priced as well. The installment and payment plan are divided between the two residential blocks— Lahore Smart City Executive Block and the Lahore Smart City Overseas Block. Find the initial prices as follows:
Lahore Smart City Executive Block— Residential Plots
- 5 marla plots for PKR 1,80,000
- 10 marla plots for PKR 3,30,000
- 20 Marla plots for PKR 5,40,000
Lahore Smart City Overseas Block—Residential Plots
- 5 marla plots for PKR 1,90,000
- 10 marla plots for PKR 3,40,000
- 20 marla plots for PKR 5,50,000
Please note that these are the pre-launching rates/ initial rates on which the plots were being sold. They will not be available for very long and those investors who purchased plots in this esteemed housing society will be able to benefit from extremely high returns on investments quite soon.
The reason investors are encouraged to buy plots at these pre-launching rates is that it gives you (the investor) the chance to buy land cheaply and then sell them at a high-profit margin in the time to come.
You still have time, if you hurry, you might be able to benefit from the older Lahore Smart City payment plan. Quick! Call our representatives for more booking details, today.
Lahore Smart City Booking Process
As mentioned before, the Lahore Smart City project has seen an exponential rise in popularity in recent months, especially now that its NOC has been approved by the LDA. Our real estate agents at Makeen Marketing have reported a large influx in the number of queries they have received regarding the Lahore Smart City project booking process.
Ask and you shall receive! 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. But, before getting into these details, we would like to reiterate that the Lahore Smart City project spans over 2000+ Kanals of land and will be divided into two main residential blocks— the Executive Block and the Overseas Block. The information you will find in this article is applicable to both blocks.
The housing project allows for two main modes of booking— smart booking as well as manual bookings. To summarize, smart booking is done by registering with the website’s member portal. Next, you must pay online and simply submit your eForm 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
The Lahore Smart City project booking process is relatively straightforward; it is a piece of cake if you let us take care of this process for you. Here is a rundown of what the booking process is going to look like:
- The first thing you need to do is get in touch with a Makeen Marketing real estate consultant. They will brief you on the Lahore Smart City location, the features the housing project offers as well as the payment plans best suited to you.
- Next, you will be asked to bring along the 2 passport-sized photographs of yourself, along with your CNIC. Moreover, you will need to submit a copy of your Nominee’s CNIC. A Nominee is someone you elect to inherit your asset once you have passed on.
- Once all your documents have been submitted, our real estate consultant will guide you on how to fill out the Lahore Smart City booking form. It is best if you sit down with someone who has enough experience in the real estate market since these booking forms can be a little daunting to fill out on your own.
- Lastly, once you have filled out the Lahore Smart City booking form, you will be required to attached proof of payment to this booking form. And that is it! Once the booking form has been submitted along with the payment instrument, you will have a plot successfully booked in your name. Additional formalities will be taken care of by our experts at Makeen Marketing.
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.
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 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?
The plot cuttings available in the Lahore Smart City executive block are:
- 5 marla plots for
- 10 marla
- 20 marla
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 Lahore Smart City 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 society houses many different plot cuttings:
- 5 marla plots for PKR 1,90,000
- 10 marla plots for PKR 3,40,000
- 20 marla plots for PKR 5,50,000
Much like in the 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.
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Much like Capital Smart City’s overseas block, this block boasts of smart villas. What are smart villas? These homes are essentially built to offer you connectivity through your smart device— your smartphone or a tablet. You can control your villa’s lighting fixtures, temperature, garage door, and security systems with just the touch of a button. Technology truly has come a long way! To book your smart villa today, visit our website, or fill out this form, and our trusty representatives will get in touch with you in no time.
Lahore Smart City Features
Since the Lahore Smart City project is a product of HRL and FDHL and is being built on the blueprint of its counterpart in Islamabad, Capital Smart City, it consequently offers the same features offered by the latter housing project.
Lahore Smart City project and Capital Smart City offer their residents and investors the best of the best amenities in the Pakistani real estate market. A smart city 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. This will be a place where the residents can relax and forget about all their problems.
- Advanced security with 24/7 surveillance.
- Tired of looking up and seeing those pesky electrical wires? One of our favorite Lahore Smart City features is their underground electrical plan. This only adds to the beautification of the real estate project.
- Since the latest, Lahore Smart City NOC update, 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 housing society also offers a sports club and shopping complexes.
- The Lahore Smart City project 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 FAQs
Question 1: What is Lahore Smart City?
Answer: Lahore Smart City is the second smart city in Pakistan. Its located in one of the most strategic areas in Lahore providing its residents with a lot of increased accessibility to the city. The housing project offers a huge variety of smart facilities to investors.
Question 2: Who are Lahore Smart City Owners and Developers?
Answer: The housing project is sponsored by Habib Rafiq Pvt Ltd and FDHL. These are the most well-established construction and development companies in the country. HRL has almost 60+ years of experience in the real estate market of Pakistan.
Question 3: Where is Lahore Smart City project located?
Answer: Lahore Smart City project is located near the Mehmood Booti Interchange as well as the Lahore Ring Road. This connection means more accessibility to the business or economic zones along the Ring Road.
Question 4: When will Lahore Smart City Project Launch?
Answer: The housing society has been launched.
Question 5: What is the legal status or Lahore Smart City NOC details?
Answer: Lahore Smart City project NOC was approved by the Lahore Development Authority in early February of 2021. This makes the housing society fully legal and safe to invest in. For more details, click our link below.
Click here: Lahore Smart City NOC Update | 2021
Question 6: What is the Lahore Smart City booking process like?
Answer: The booking process comprises of the investor submitting 2 passport-sized pictures, along with their and a nominee’s CNIC copy. Then, fill out a booking form as well and attach proof of payment to it before submitting it to the LSC management. Contact our real estate agents for more details.
Question 7: Is Lahore Smart City connected to Capital Smart City?
Answer: The two real estate projects are related to each other in that they are both sponsored by HRL and FDHL— the leading construction and development companies in Pakistan. The layout plan and the facilities offered by Lahore Smart City are based totally on its Islamabad counterpart.
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Question 8: Which plots are available at pre-launching dates?
Answer: Lahore Smart City project has ceased its pre-launch offer and is now dealing with its plots at new rates. Click here for more details on LSC commercial plots.
Question 9: Why should I invest in Lahore Smart City project?
Answer: Lahore Smart City project is the second smart city in Pakistan. It is thought to follow the same trajectory as Capital Smart City in ensuring investor satisfaction. Smart cities are becoming the most popular type of real estate investment all over the world as they offer a high quality of life.
Question 10: What is FDHL?
Answer: FDHL, or Future Developments Holdings Ltd, is a leading real estate construction and development firm. They also deal with asset management. The firm has been operating in the Pakistani real estate market for decades. They recently worked on the widely successful Capital Smart City in Islamabad.
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