The tentative and rigorous approaches before finalizing the decision of real estate investment demand critical thinking. We are making the whole decision game easier for our privileged investors!
The experts of the real estate sector have declared a few newly launched projects as potential revolutionary real estate pioneers that will lead the residential colonies in coming times. One of them lies in the heart of Punjab known as Lahore Smart City (LSC).
It is allocated along the Lahore by-pass road near the Kala Shah Kaku terminal. The dominant name of the construction industry, Future Development Holdings Limited (FDHL) is serving as the management consortium of Capital Smart City and Lahore Smart City.
These two real estate projects have set the records for the first and second smartest cities in the history of Pakistan. The globally recognized infrastructure and standards have been approved for installation in these two monumental projects.
Lahore Smart City has laid its premises with the evident concepts of sustainable and eco-friendly urban developmental strategy. Similar to Capital Smart City, Lahore Smart City has also dived in the universe of housing societies with the clear objective to provide a bundle of civic amenities of life while confirming tenable urban living standards for their occupants.
An estimated land of 20,000 Kanal has been specified for completing the project of Lahore Smart city. The developers are intending to get more land approved from LDA after encountering an overwhelming response from the investors. As Lahore is the central city of Punjab, so it holds the position of highly populated and opportunistic metropolitan city of the world.
The inclining pressure of urbanization has demanded a high availability of urban hubs in Lahore since a few years back. Therefore, projects like Lahore Smart City, Park view City Lahore will play a pivotal role in eradicating the deficiency of residential units. The reliable organizational platforms like Masters real estate have paved the way for investors to find and provide them with their desired property in a huge area of Lahore.
Lahore Smart City Location:
The vitality of the location of real estate projects is quite evident for real estate investors. Lahore Smart City is fulfilling all the checkboxes of the A-grade location criteria. Incoherence with Capital Smart City, the proposed location of Lahore Smart City has planned to connect with all the highlighted road networks leading towards and away from Lahore. The accessibility towards N5 highway, Lahore-Islamabad Motorway, and M-11 motorway is the eminent quality of its location.
According to professional real estate agents, it has been forecasted that Lahore Smart City will take the position of Bahria Town in the coming future. The real estate agent has reiterated the fact that the LSC location has a stalwart connection from 2 major road networks that link Lahore to the rest of Pakistan. These features make it a premium investment hotspot for investors that are looking forward to potential mid-long-term yields on their investment.
Lahore Smart City is a completely registered and legal housing society having NOC approved by LDA. Lahore smart City NOC has been issued from the Lahore Development authority in minimum tenure due to tangible policies and legality of land. The map, location, and layout of Lahore Smart City have held its grandeur due to the unlimited availability of facilities.
The investors are free to inquire about any ambiguity related to Lahore Smart City NOC from the authorized partners of LSC, The Masters Real Estate. We have maintained special ranks in the international market due to accreditation as official overseas sellers of Lahore Smart City.
The residential project retains its worth if it is accessible not only from the inner territory of the city but also approachable from other cities. Lahore Smart City location and the map has conquered the milestone in providing its residents with the following approachable points:
- At least a driving distance of 5 minutes from Lahore Smart city there lies Kala khatie Narang Mandi road, Sheikhupura, and M-2 motorway toll plaza.
- The terminal of the M-11 motorway lies at approximately 10 minutes.
- Lahore-Sargodha Road is only 11 minutes away from LSC.
- There is only a driving distance of 4 minutes between GT road and Lahore Smart City.
- The popular Lahore Ring Road leading to Allama Iqbal international airport lies at a driving distance of 22 minutes.
If we enlighten the nearest landmarks of Lahore Smart City that the developers have focussed on the productive places of the city. Following destinations are approachable from the Lahore Smart city location:
- Kala Shah Kaku
- The brand-new campus of the University of engineering and technology
- A historical building of Badshahi Mosque
- Ferozewala
- A populated locality of Rana town
- The beautiful tomb of Jahangir.
This shortlist will give you an overview that how Lahore Smart City has provided an approach to the most popular places in Lahore.
Developer And Owners of Lahore Smart City:
The significance of developers, owners, and design consultants of a residential colony is crystal clear, for analyzing the quality of work in that particular project. Luckily, Lahore Smart City and Capital Smart city have similar composers and teams for uplifting the pillars of this sustainable housing society. The incorporation of national and international organizations has imparted multi-talented and professional companies on a single forum of Lahore Smart City.
The renowned name of Habib Rafique private limited and Future Development holding privately limited has brightened up the name of Lahore Smart City among other housing projects. The participation of these two companies in the real estate and construction industry of Pakistan has already been bestowed with the completion of incredible projects.
The future-oriented and long-lasting constructional regimes were instilled in Lahore Smart City by their developing authorities. Investors have shown elevated interest in Lahore Smart City after the success of Capital smart city. The overwhelming response from the investors has modified the weightage of work done by owners and developers of Lahore Smart City. Following a famous group of companies have participated and played their role in establishing the project of Lahore Smart City and Capital Smart City.
Future Development Holding (Pvt) Limited:
The FDHL has served as the iconic contributor in modifying the smart face of Lahore Smart City. The owners of the company consist of international and national partners. The company has already earned years of experience in developing fine projects throughout the world and also in Pakistan.
Habib Rafique Private Limited:
The pivotal construction company that has been acclaimed to be the owner of Lahore Smart City is Habib Rafique Private Limited. The company has provided the service for more than 50 years. The organization has gained incredible praises in the real estate field.
Besides these two companies, LSC has groomed and striven hard for introducing the idea of a smart city in Lahore. The main struggle behind this mega residential project has been put forward by the following companies:
- Surbana Jurong- served as the master-planned of Lahore Smart City. A Singaporean established company with top-class services provider nominee in Asia.
- Design men consulting engineers
- DSA architects international company
- Troon Golf
- Smart future
- Cracknell
- DSA Architects international company.
Lahore Smart City Master Plan:
The Masters's real estate always conveys satisfactory news regarding the master plan of a real estate project. In the scenario of Lahore Smart City, the Master plan has no evident information revealed that shows the features of the entire housing society.
We promise our worthy customers to provide them with all the genuine and validated information regarding Lahore Smart City or another housing project. The official announcement regarding the opening of Lahore Smart City has currently declared a wide variety of residential and commercial plots. Nowadays due to a healthy response in the market limited stock of plots is left for sale.
The master plan of Lahore Smart City is almost similar to Capital Smart City, but every project holds its characteristics.
The commercial plots planned for allocation in Lahore Smart City consists of the following sizes:
- 8 Marla plot
- 4 Marla land
These sizes of the plot will provide enough space for constructing commercial units.
The residential plots available for accommodation in Lahore Smart City consists of the following sizes:
- 2 Kanal plot
- 1 Kanal plot
- 12 Marla plot
- 10 Marla plot
- 7 Marla plot and
- 5 Marla plot
Lahore Smart City Payment Plan:
The payment plan of residential and commercial plots has a staple impact on the whole project. The deciding factor of payment has played a pivotal role in the popularity of Capital Smart City and Lahore Smart City due to affordable and low prices.
The golden opportunity of investment in Lahore Smart City has served as the best decision for innumerable investors. It is because they have earned an unbelievable amount of profit in a very short time.
The managerial authorities have released an easy split plan for payment that has relieved the investors from the stress of paying the whole amount at once. The major and common quality in the payment plan of all plots available for sale at Lahore Smart City is the down payment and confirmation cost. Both quantities cost the investor at the rate of 10%. The 10% confirmation amount is payable within 2 months after booking of plots.
Like Capital Smart City, Lahore Smart city has also introduced two eminent blocks for homemakers and commercial land seekers. These include:
- Executive Block of Lahore Smart City
- Overseas Block of Lahore Smart City
The sizes and prices of plots available in these blocks have mentioned below:
- Prices of plots in Executive block of Lahore Smart City:
- The price of 5 Marla plots is approximately 2,370,000
- The cost charged for a 7 Marla plot is 2,820,000
- The standard size of 10 Marla plots requires an amount of approximately 4,350,000
- 12 Marla plot costs at the rate of 4,380,000
- The rate of 1 Kanal plot is 7,125,000.
- Prices of plots in Overseas block of Lahore Smart City:
- The rate finalized for 1 Kanal plot is 7,260,000
- The price of 10 Marla plots in the overseas block is 4,480,000
- The plot of 5 Marla will require money of 2,500,000.
As compared to other residential projects in Lahore, Lahore Smart City has launched the most appropriate prices of land that suit every class of society. Due to this reason, the project has seen exponential responses from the investors.
Lahore Smart City Installment Plan:
A feasible and reliable installment plan has been launched by the authorities of Lahore Smart City. A 3-year split plan for easy payment has served as a pedestal for an infinite number of families.
This installment plan comprises 14 quarterly installments, which are payable after every three months. According to the final prices of plots in executive and overseas blocks, the amount of installment varies. The detailed information regarding the three-year installment will elaborate to the client by a professional agent of master real estate.
Payment Plan for Commercial Plots of Lahore Smart City:
The recently launched prices for commercial plots of Lahore Smart City has mentioned below:
- The price of 8 Marla plots in overseas block is 17,950,000
- 4 Marla commercial plot in overseas block costs at the rate of 9, 450,000
The prices of commercial plots in the executive block have mentioned below:
- The price of 8 Marla plots is 17,450,000
- The rate of 4 Marla plot is 8,950,000
A 3-year installment plan for a commercial plot in Lahore Smart City makes this project a no. 1 investment choice.
Smart Facilities and Features of Lahore Smart City:
The developers of smart cities have striven to furnish the occupants with elite class living standards. Following districts have adsorbed in this majestic project:
- Health care district- a huge hospital of 500 beds has modified the health sector and facilitation in this city.
- Sports District- the establishment of stadiums and grounds will assist in elaborating the soul of sports.
- Silicon Valley- the headquarters of technological and IT work of Lahore Smart city will going to handle by this city.
- Gate Precinct- it has accommodated the official building of Lahore Smart city including the head office of various hotels, shops, boutiques, or any other project.
- Education district- it will play a role as the major learning hub of the project. The construction of internationally and nationally recognized universities will be held in this district.
Final Talk:
Lahore Smart City is surely going to be the star of residential colonies in the future. Hence investment in smart cities like this will prove a fruitful decision. Being an operational real estate agency, Masters real estate has participated in this Smart cities due to the quality and reliability of this project, therefore we highly recommend this project.
Media Contact:
Author: Muhammad Usman Fida
Email: info@themrl.com
Website: https://themrl.com/
Company: The Masters Real Estate & Builders (Pvt-Ltd)
UAN: +92-304-111-5-675
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