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Lahore Smart City Latest Updates – Things You Need to Know

Lahore Smart City Latest Updates – Things You Need to Know

Lahore Smart City is the first-ever smart city project in Lahore, while the 2nd in Pakistan. It’s a high-standard project by the top developers HRL and FDH. Launched 1 year ago, this society enjoys a prime location and easy access from all the major routes of Lahore. Lahore Smart City latest updates confirm that it’s a perfectly developing society where the possession of plots will be available soon.

Lahore Smart City offers a variety of plots both in residential and commercial categories. These properties also come with bundles of dream amenities; one can desire in a housing society. Moreover, the master plan of this appealing project, town planning, and development standards are heart-winning. Before sharing the development and possession updates, let’s a look at the available properties, their prices and payment plans:

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Lahore Smart City Plots for Sale

This extraordinary project offers residential plots and commercial plots in a wide range. The sizes of the plots are:

5 Marla Residential

7 Marla Residential

10 Marla Residential

12 Marla Residential

1 Kanal Residential

4 Marla Commercial

8 Marla Commercial

5 Marla Villas (Launching Soon)

10 Marla Villas (Launching Soon)

Lahore Smart City Bookings, Prices, and Payment Plan

Launched in 2020, Lahore Smart City plots for sale are beautiful. Almost all of the categories in this society are currently available in easy installments. One thing important to mention here is that there are 2 – 3 payment plans for residential plots. Things are available at both old and new prices. Following are the booking prices:

5 Marla plots booking price: 2.16 las

10 Marla plots booking price: 3.96 lacs

1 Kanal plots booking price: 6.48 lacs

The booking prices for 7 Marla plots is: 4.38 lacs

The booking prices for 12 Marla plots is: 7.82 lacs

Complete details of prices and payment plans are:

Executive Block Commercial Plots Payment Plan

Plot Size Total Price Booking Price Confirmation 12 Quarterly Installments
4 Marla 8,950,000 895,000 895,000 596,700
8 Marla 17,450,000 1,745,000 1,745,000 1,163,500

 

Executive Block Residential Plots Payment Plan

Plot Size Booking 10% Confirmation 10% Installments x 12 Quarterly Total Price
5 Marla 237,500 237,500 158,150 2,375,000
10 Marla 435,000 435,000 290,000 4,350,000
1 Kanal 712,500 712,500 475,000 7,125,000

 

Overseas Block Commercial Plots Payment Plan

Plot Size Total Price Booking Price Confirmation 12 Quarterly Installments
4 Marla 9,450,000 945,000 945,000 630,000
8 Marla 17,950,000 1,795,000 1,795,000 1,196,700

 

Overseas Block Residential Plots Payment Plan

Plot Size Booking 10% Confirmation 10% Installments x 12 Quarterly Total Price
5 Marla 250,000 250,000 166,300 2,500,000
10 Marla 448,000 448,000 298,300 4,480,000
1 Kanal 726,000 726,000 484,000 7,260,000

 

7 Marla and 12 Marla Payment Plan Executive Block

Plot Size Total Prices Down Payment Quarterly Installments (15)
7 Marla 2,800,000 544,000 161,150
12 Marla 4,380,000 876,000 250,300

 

7 Marla and 12 Marla Payment Plan Overseas Block

Plot Size Total Prices Down Payment Quarterly Installments (15)
7 Marla 2,975,000 595,000 170,000
12 Marla 4,500,000 900,000 257,150

Note: The payment plans of Lahore Smart City Residential and Commercial Properties spans over 3 – 3.5 years. Commercial plots are available on premium.

Lahore Smart City Latest Updates of Possession

The development pace of society is beyond excellent. By analyzing the current pace, we hope to possess Sector A and B by the next 6 – 8 months.

Lahore Smart City Location

The location of Lahore Smart City is one of the main and attractive features of it. It is unique, easily accessible and has beneficial surroundings. Moreover, Lahore Smart City has a prime and strategic location, making it a different and appealing option.

Lahore Smart City is located at Ring Road Kala Shah Kaku CPEC Route, at Eastern Bypass Lahore. Its main entrance is developing on Main GT Road Lahore. Societies in its proximity are:

SA Gardens

Capital City Lahore

Iqbal Gardens

Basit Town

Moreover, the distance of this society from the other significant locations is:

4 minutes from M2 Motorway

18 Minutes from DHA Lahore and Lahore International Airport

5 Minutes away from GCU, UET, and UHS Kala Shah Kaku Campuses

Documents Required for Booking

To book your plot in Lahore Smart City, you will be required to have the following documents:

Documents required for Locals

3 Passport Size Photographs

1 ID Card Copy of Buyer

1 ID Card Copy of Nominee.

Documents Required for Overseas

3 Passport Size Photographs

1 ID Card, Passport, or Residence Card Copy of Buyer.

1 ID Card and Passport Copy of Nominee.

You can pay the down payment in Cash/Pay Order/ Demand Draft/Bank Transfer in Favor of Lahore Smart City (Pvt) Ltd.

Development Status and Progress

LSC is developing at the fastest pace. The operating speed of labour and machinery is satisfactory. Currently, the developers are more focused on developing Sector A and Sector B main roads and streets. According to the Lahore Smart City Latest Updates,

Sector A has roads with a top layer, and some streets have an aggregate base in progress.

Sector B streets have chamber collection in progress; some have a top layer in-process and top slabs fixing underway. Moreover, the administration is also working to develop a part in Sector A.

Conclusion:

Lahore Smart City is developing to become Lahore’s best housing society for residence and investment. It’s an appealing project with a range of options for buyers and investors. The latest updates, location, development, prices, and payment plan all together perfectly explain the excellence of this project. Buying there will surely benefit you no matters what is your reason for investment.

Please contact Universal Property Network  For More Information click here or visit our youtube channel further assistance

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