ADDING VALUE TO LAHORE

Lahore Smart City

CREATING SMART INVESTMENT OPPORTUNITIES

faq

Frequently Asked Questions

Habib Rafique (PVT) Limited and Future Developments Holdings are collaborating on the Smart City Lahore project.

It is located to a prime location it can be reached from M2 within 2 minutes and in 4 minutes from GT road approximately. 

The Lahore Smart City E-Tracking facility allows investors to monitor the progress of their applications online. 

Smart City Lahore is located near Kala Shah Kaku on Lahores eastern bypass.

Smart City Lahore is being developed by Future Developments Holdings and Surbana Jurong (PVT) Limited.

The Lahore Smart City will be developed on 20000 kanals.

THE LAHORE SMART CITY

Introduction

Lahore Smart City makes its way to discover the tremendous marvels of nature and humanity. The splendour of architecture, the grandeur of urban living, an intelligent lifestyle, contemporary construction, and cutting-edge town-planning, design, and civil engineering are the foundations of our society. According to worldwide criteria created for the infrastructure development of global smart cities, Lahore Smart City is on track to become Pakistan’s second smart city. A smart city is based on the concept of digitally connected sustainable and environmentally friendly urban development. This smart city would offer the general population with a sustainable urban lifestyle as well as all of life’s civic utilities.

Owner & Developers

The owners and developers of a housing development project are significant for several reasons, including early development quality and a dedication to on-time delivery. The development of Lahore Smart City is a joint venture between two private companies, namely Habib Rafiq (Pvt.) Limited and Future Developments Holdings (Pvt.) Limited. Both of these firms are experts in their respective fields. HRL is widely recognized as the preeminent real estate development company in Pakistan. HRL is responsible for developing various notable projects, the most significant of which are Bahria Town, DHA, and Motorway.

Moreover, Capital Smart City that is 1st smart city of Pakistan is the mega project developing under the surveillance of HRL & FDH.

Designer & Development Partner

This Smart City is an iconic project of Lahore city. Along with that, making full use of contemporary technology, it is also the smart city. In order to maximize the efficiency and efficacy of the project, a Singaporean firm, Surbana Jurong, will serve as a Master Planner of Smart City.

Surbana Jurong (Pvt.) Ltd

Surbana Jurong (SJ) is Master Planner for the The Smart City. Its one of Asia’s leading urban, industrial and infrastructure consultancy firm. SJ is Singaporean government-owned consultancy company. Moreover, it was established in June 2015. After the merger of Surbana International Consultants and Jurong International Holdings, it came into being.

Furthermore, SJ, by added value with technology and creativity, is offering one-stop consultancy solutions in the arena of urban, industrial and infrastructure. Its the largest Asia-based firms with over 50 years of glorious history in delivering successful project. Moreover, SJ has Human resource of approx. 14,500 employees working in more than 130 offices across the globe.

For project Master Plan, it incorporates a holistic range of facilities to offer lucrative business opportunities. In addition, living and recreational choices in the emerging Islamabad region with growing economic opportunities is also keenly intense.

Master Plan

When the Lahore Smart City master plan system was first conceived, the venture designers envisioned the establishment of a high-level urbanized activity; a private society that would give reasonable but competent dwelling spaces alongside innovative and consumer-driven amenities. This Smart project is made with the Township Model Approach in mind. Also, Surbana Jurong has done an excellent job of using the idea of European development to plan this vast project. It gives people a wide range of housing options. According to the enlarged plan, the progress will contain two squares: the ‘Executive Block’ and the ‘Overseas Block.’ Each of these divisions will feature private plots of 5, 10, and 20 Marlas. Furthermore, The Formal Area will provide unique property ownership opportunities for genuine purchasers and speculators residing in the country. The Overseas Square, as its name implies, would specifically cater to the venture needs of Pakistanis living overseas.

Location

When purchasing a home, everyone desires a place that is conducive to a quiet and joyful existence. Every places a high priority on a location where all of the necessities of life are obtainable in the company of safety. Address and location are among the most important factors that contribute to the value of real estate, and this project provides a perfect position with all the essential living amenities in its vicinity.

Lahore Smart City is situated in a prime position that is readily accessible from several gateways. Located near Ring Road and Grand Trunk(GT) Road Kala Shah Kaku CPEC Route, at Eastern Bypass Lahore, this housing plan is surrounded by various exquisite amenities, marketplaces, malls, restaurants, important housing societies of Lahore, and other key sites. The address of the society’s headquarters is 8-C Broadway Commercial DHA Phase 8 Lahore, which is just across the street from Allama Iqbal International Airport Lahore.

Payment Plan

The project’s objective is to provide the tenants hassle-free living, beginning with a straightforward payment plan. The payment plan is also quite flexible because Lahore Smart City is still under construction. Furthermore, the plots are already selling out quickly because of their ideal location and excellent style. According to current trends, it’s likely to grow. Now is the time to reserve a plot for you as well as your family in this futuristic living experience. This is also an excellent chance for investors to participate in this project, given interest rates are rising by the day. This arrangement will yield a high rate of return.

However, due to the rapid expansion, Lahore Smart City would fully develop in a couple of years, providing people with a luxurious lifestyle. Currently, 3.5 year quarterly installment plan offered in LSC Price Plan. 10% Rebate on lump sum amount while 5% Rebate on 50% payment.

Lahore Smart City payment plan varies according to plot categories.

residential inventory:

5 Marla
(125 sq yds)

Executive Block

Total: 2,685,000/-
Booking Amount: 268,500/-
Confirmation: 268,500/-
12 Quarterly Installments: 179,000/-

Overseas Block

Total: 2,845,000/-
Booking Amount: 284,500/-
Confirmation: 284,500/-
12 Quarterly Installments: 189,700/-

7 Marla
(172 sq yds)

Executive Block

Total: 3,490,000/-
Booking Amount: 349,000/-
Confirmation: 349,000/-
12 Quarterly Installments: 232,700/-

Overseas Block

Total: 3,700,000/-
Booking Amount: 370,000/-
Confirmation: 370,000/-
12 Quarterly Installments: 246,700/-

10 Marla
(250 sq yds)

Executive Block

Total: 4,945,000/-
Booking Amount: 494,500/-
Confirmation: 494,500/-
12 Quarterly Installments: 329,700/-

Overseas Block

Total: 5,325,000/-
Booking Amount: 532,500/-
Confirmation: 532,500/-
12 Quarterly Installments: 355,000/-

12 Marla
(300 sq yds)

Executive Block

Total: 5,425,000/-
Booking Amount: 542,500/-
Confirmation: 542,500/-
12 Quarterly Installments: 361,700/-

Overseas Block

Total: 5,750,000/-
Booking Amount: 575,000/-
Confirmation: 575,000/-
12 Quarterly Installments: 383,350/-

1 Kanal
(500 sq yds)

Executive Block

Total: 8,050,000/-
Booking Amount: 805,000/-
Confirmation: 805,000/-
12 Quarterly Installments: 536,700/-

Overseas Block

Total: 8,490,000/-
Booking Amount: 849,000/-
Confirmation: 849,000/-
12 Quarterly Installments: 566,000/-

commercial inventory

2.66 Marla

Total: 6,900,000/-
Booking Amount (10%): 690,000/-
Confirmation (10%): 690,000/-
12 Quarterly Installments: 460,000/-

4 Marla
(100sq yds)

Executive Block

Total: 8,950,000/-
Booking Amount: 895,000/-
Confirmation: 895,000/-
14 Quarterly Installments: 596,700/-

Overseas Block

Total: 9,450,000/-
Booking Amount: 945,000/-
Confirmation: 945,000/-
14 Quarterly Installments: 630,000/-

6 Marla
(100sq yds)

Executive Block

Total: 16,800,000/-
Booking Amount: 1,680,000/-
Confirmation: 1,680,000/-
12 Quarterly Installments: 1,120,000/-

8 Marla
(200sq yds)

Executive Block

Total: 17,450,000/-
Booking Amount: 174,500/-
Confirmation: 174,500/-
14 Quarterly Installments: 1,163,500/-

Overseas Block

Total: 17,950,000/-
Booking Amount: 1,795,000/-
Confirmation: 1,795,000/-
14 Quarterly Installments: 1,196,700/-

Facilities & Amenities

The people of the Smart City will live in a modern environment. One of the primary reasons is because LSC provides superior facilities and amenities. Furthermore, by applying cutting-edge technology, it ensures the availability of all smart facilities in Pakistan’s second smart city. The next is a list of the amenities that are available in Lahore Smart City:

NOC and Planning Permission

A No Objection Certificate is advantageous in a real estate transaction. The No Objection Certificate, or NOC, is a critical document confirming a project’s legality. As a result, it is a declaration that the agreement and transaction will proceed without legal difficulties. The Lahore Development Authority (LDA) has officially authorized Lahore Smart City. Authorities granted the developers of “Lahore Smart City” a certificate of occupancy (NOC) for a range of reasons. The team works hard to maintain its reputation as a trustworthy provider of a high-quality, feature-rich community.

Innovative Features of Smart City

Smart City Lahore Booking Procedure:

The booking process is very simple. All you need to do is follow the instructions below:

  • Fill out your booking application form completely.

  • Attach the Applicant’s CNIC Copies.

  • Pay the down payment in the form of a check or money order made payable to “Lahore Smart City,” but confirm the management procedure in the event of any modifications.

  • Management approves cash payments.

  • Submit all required documents, make payment, and obtain a receipt

Conclusions

In a specified span, Lahore Smart City has transformed into one of the most desired real estate developments within LDA authority. Investing in this housing society is entirely legal and secure. Its NOC certification assures this real estate development has access to municipally offered essential utilities. Water, sewage, electrical, and gas services are the fundamental and most essential services that will be given. This Smart City Lahore would be constructed on 20,000 kanals of land. LSC will be the second Smart city in Pakistan. Lahore Smart City residents may anticipate a variety of facilities. Investors will receive a genuine feeling of world standards from this community’s gleaming amenities. Lahore’s excellent facilities have transformed the city’s reputation.

REALTOR HASNAIN ™

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