Lahore Smart city offers a new deal on commercial plots. Read the Below article to know more about Lahore Smart City New Deals and Commercial Plots Payment Plan:
Lahore Smart City will be Pakistan’s second smart city, and it will meet the international standards developed for smart city infrastructure globally. A smart city focuses on eco-friendly and sustainable urban development based on digital connectivity. It will also provide all municipal amenities and guarantee a sustainable urban lifestyle. The entire city infrastructure will be based on data and will include all municipal amenities. A Smart City will be built in Lahore on approximately 16000 + Kanals of land. Data will be collected through residents, municipal buildings, transport infrastructure, etc. Punjab’s capital, Lahore, is one of the most populous cities in the world.
Lahore Smart City Developers & Owners:
Surbana Jurong (SJ):
This extremely rare and stunning society is being developed and planned by SJ. It is Asia’s one of the top real estate consultants for the development of infrastructure projects. Founded in 2015, SJ is a Singapore government-owned company.
Future Development Holdings Private Limited (FDH):
FDH is in the league of some of the top real estate developers. It is a key partner for CSCI. FDH is renowned for its development state-of-the-art housing society that follows international construction codes.
Habib Rafique Pvt Ltd (HRL):
It’s rare for anyone to achieve the level of excellence in their industry that Habib Rafique Private Limited has. This was achieved thanks to hard and honest work. The company has performed exemplary feats in many different realms for over 50 years.
Lahore Smart City NOC:
In fact, Lahore Smart City is already approved by the Lahore Development Authority (LDA). However, the LDA has yet to publish the official approval status on its website. An approved housing society has a better chance of accomplishment and development.
Lahore Smart City Location:
Lahore Smart City Accessibilities:
Lahore Smart City is easy Accessible from the following ways:
Lahore Smart City Nearby Landmarks & Places:
- Lahore Bypass
- M-11 Motorway
- UET Lahore
- Shahdara Town
- Ferozwala
- Kot Abdul Malik
- Kala Shah Kaku
Lahore Smart City Master Plan:
Executive Block:
- 5 Marla
- 10 Marla
- 1 Kanal
- 4 Marla (commercial)
- 8 Marla (commercial)
Overseas Block:
- 5 Marla
- 10 Marla
- 1 Kanal
- 4 Marla (Commercial)
- 8 Marla (Commercial)
Lahore Smart City Districts:
Below are the districts & their specific facilities are mentioned:
Lahore Smart City Executive Block:
- Residential Plots
- Residential Villas
- Healthcare
- Education
- Religious
- Hospitality
- Retail
Smart City Lahore Sports District:
- Race track
- Retail
- Football Stadium
- Cricket Stadium
- Residential Apartments
- Food and beverage
Lahore Smart City Education District:
- Schools
- Colleges
- Medical Colleges
- Universities
- Daycare Centers
Smart City Lahore Theme Park:
- Bird Park
- Retail
- Holiday Resort
- Street food truck Park
- Food and Beverages
Lahore Smart City Silicon Valley:
- IT Campus
- Retail
- Warehouse
- Residential Apartments
- Corporate Offices
- Technology operational offices
Lahore Smart City Mosques:
- Sector Mosques
- Grand Jamila Mosques
Smart City Lahore Healthcare Districts:
- Hospitals
- Clinics
- Laboratories
Lahore Smart City Commercial New Deal Payment Plan:
The updated payment plan of Lahore Smart city is as follows:
Benefits of Investment in Smart City Lahore Commercial New Deal:
Investment in Lahore Smart City is very beneficial for investors due to the following reasons:
Financial Security:
If someone has some extra amount or someone has some assets, and they want to keep the value of that asset high, then, indeed, the commercial real estate sector is the sector that can keep the value of investment high and not depreciate.
Stable Income:
Investment in commercial property can produce stable income quickly for a person. For example, one can buy a property, develop it, buy a developed property, and rent it monthly or annually. The rent also increases by a certain percentage every year, so it would not be wrong to say that it gets better than stable.
Manageable:
A property investment isn’t something you have to maintain on a daily basis. The most you will need to do is check on it every so often to ensure it doesn’t fall into the wrong hands.
Passive Income:
Investors buy a developed property or develop an open plot of land and then rent it out, generating a steady stream of income throughout the year.
Non-depreciable Asset:
Commercial real estate investments always continue to rise in value over time. And if some significant government or private project is started in its vicinity, the value of the area may increase significantly.
Watch Lahore Commercial New Deal | Video
Why Smart City Lahore?
Smart design defines Lahore Smart City. All the planning, design, development, and operations reflect that design. They developed a new concept for society and they aim to create a place that would be the only second true smart city in Pakistan after Capital Smart City in Islamabad. All of state-of-the-art facilities, smart amenities, and affordability, the Lahore Smart City is the best investment opportunity in Lahore. The thoughtful facilities in this society are as follows
- Foolproof CCTV Security
- Public parks
- Load shedding free smart electricity system
- Electric bikes
- Command & Control System
- Automated traffic control
- Free Wi-Fi hotspots
- Smart street lights
Developments Details of Smart City Lahore
Following are the details of the development in images of Smart City Lahore
Lahore Smart City Latest News:
Lahore Smart City Transfer Procedure:
- Apply & later on receive a “No Demand Certificate”.
- Clients would have to bring transfer documents with duly paid SOD to transfer officer to get a transfer appointment.
- Transferring officer will provide a transfer appointment.
- To complete the transfer process, both the seller and the buyer must visit the transfer branch.
- In order to collect the transfer letter, the customer must appear on the required date with the CNIC.
- Urgent transfers are also possible if you agree to an urgent transfer fee.
Facilities & Amenities:
At budget-friendly rates, The Lahore Smart City provides a large selection of modern facilities and amenities. Such amenities are typically available at a more costly location in the local real estate market.
The amenities and facilities of Lahore Smart City are the following
Eco-Friendly:
As part of the project, the residents will experience a close-to-nature lifestyle with all the contemporary amenities. The nature-close environment will provide a unique experience that can’t be found anywhere else in Pakistan.
Water Resources:
Resident water needs have been considered in the development of the project. For this purpose, water reservoirs will be built to store a large amount of water for daily use by residents.
Business & Commercial Hub:
Developers have anticipated all economic & commercial needs, and thus, this will be a one-stop commercial center. Residents living in these areas can fulfill all their commercial needs within the project.
Secure Project:
To ensure the success of a project, one needs to ensure that it is as safe as possible. A security system will include cameras and other surveillance equipment to ensure safety of those involved. There will also be a boundary wall to provide a high level of safety.
Smart City Lahore Salient Features:
Below are the features of Lahore Smart City:
- Accessibility
- Affordability
- 24/7 security
- Shops
- Water Resources
- Maintenance
- Beautiful Entrance
- Eco-community
- Water, Gas, Electricity
- Quality Development
- World-class infrastructure development
Why Invest in Smart City Lahore?
- Prime location
- Eco-friendly
- Affordable
- Luxurious amenities
- Spacious properties
- Well-known developers
- International infrastructure development
- Soon-to-be-approved
Guidelines to follow while Purchasing/Sale of Plots:
Following are the guidelines while buy and sell of plots:
Document Verification:
Be sure to check all documents thoroughly to avoid miscommunication or misunderstanding. If you are considering buying or selling a property, make sure to ask about the NOC and the approval document provided by the developer that has been approved by the authorities. So that all departments of company can provide satisfactory customer service, all documentation will be valid.
Financial Security:
In order for your purchase or sale to be successful, please make sure that your funds align with your purchase plan before concluding any sale or purchase of the property.
Property Visits:
Before you buy anything and before you check the documents for validity, make sure to check the documents to make sure they are legal.
Documentation Requirement for Booking:
Following are the document required by Smart City Lahore:
- Two passport-size Pictures
- NICOP for overseas clients
- Copies of NIC
NIC copies of your Next of Kin
Booking Procedure for Smart City Lahore:
All of you’ll have to follow this Procedure to book your property in Smart City Lahore:
- Fill out your Booking Application Form
- Applicants must attach a copy of their CNIC
- Payment shall be made in form of a Pay order or banker’s Cheque.
- Cash payments are also accepted after the approval of management.
- Get your receipt after submitting all required documents and payment.
Pros & Cons:
| Pros | Cons |
| 24/7 Water | Perception of price rise |
| 24/7 Electricity | |
| 24/7 Gas | |
| Healthy, Peaceful, and secure environment | |
| CCTV Cameras & Guards | |
| Close to central locations and other Projects | |
| Security System | |
| Solid waste disposal mechanism |
Frequently Asked Questions (FAQs):
Who is owner of Lahore Smart City?
The partnership of the company founders goes to the well-known HRL and FDHL developers.
Is Lahore Smart City in Lahore?
Lahore Smart City is located on the main Lahore Bypass Road, near the Kala Shah Kaku GT Interchange. This is generally the busiest road in Lahore.
Is Lahore smart city approved by LDA?
The Lahore Smart City NOC was approved by the LDA in early February. The news means that the housing society is a safe and legal investment.
Should I invest in Lahore smart city?
Capital Smart City has already been successfully implemented in other cities and its success is enough for the success of Lahore Smart City. The success of Capital Smart City and the previous reputation of the HRL and FDH are enough for the success of Lahore
What is future of Lahore Smart City?
With the arrival of Lahore Smart City, Lahore will be embellished and adorned with the aesthetic and modern architecture of this landmark master-planned project.
Where is Lahore smart city located?
The Lahore smart city location is easily accessible from the main GT Road, the Lahore Bypass and the Lahore-Islamabad Motorway (M-2) and Lahore Sialkot Motorway (M11).
How to book a property in Lahore Smart City?
Simply contact with Property Naama Consultants team with all required documents mentioned above in article.
How to Open a File in Lahore Smart City?
Following are the document need to proceed the case:
- File Opening Application
- Original documents i.e. MS letter / Allotment Certificate etc
- Original Receipts
- Seller’s Affidavit
- Photographs and CNIC / NICOP copy of the Right holder
- CNIC / NICOP of witnesses
- Transfer and R / P / MS fee (Pay order / Draft / Banker’s Cheque)
- “Statement of Dues” and “No Demand Certificate”
Conclusion:
If you are looking to buy residential or commercial plots in Lahore, then Smart City Lahore is the right place for you. Smart City Plots For Sale in Lahore are available in various sizes and layouts that suit the requirements of every class of people. These plots are located at an ideal location and are providing easy access to schools, colleges, hospitals, shopping malls, and recreational areas such as parks and golf courses, making it a complete family lifestyle destination that lets you enjoy your life while working within your budget. Now avail these plots on affordable prices with us.
Contact Us
Property Naama Consultant , Best Investment Company.
Head Office # 1st to 3rd Floor Plaza No 65, River View commercial, Bahria Town Phase 7 Rawalpindi
Phone: +92 333 0533990
info@propertynaama.com
DISCLAIMER: This Content contains reliable information advocated by ” Property Naama”, however, it cannot be guaranteed as accurate in terms of opinion, investment, and planning. The buyer should verify the information by himself before taking any action. This video is for information/education purposes (only based on personal opinion) and cannot be substituted for any advice.