Introduction:
Lahore Smart City is the top-most desirable residential project of Lahore. This smart city is located at the Lahore Bypass Road, with easy accessibility from Lahore-Islamabad Motorway and N5 GT Road. This residential project is jointly developed by Habib Rafique Pvt. Limited and Future Holdings Development Pvt. Limited.
It is rich in infrastructure and is also all set to become the 2nd smart city of Pakistan. This residential project has announced the inclusion of all civic amenities of life while also ensuring the enhancement of a sustainable urban lifestyle for the residents of Lahore.
Lahore Smart City Developers and Owners:
The developers and owners of this smart city are Habib Rafique Pvt. Limited and Future Holdings Development Pvt. Limited. These real-estate developmental groups are famous for their quality of work and professionalism. Capital Smart City Islamabad, a widely recognized and successful project, is also developed by these groups, following a mutual collaboration between them.
Lahore Smart City NOC:
The No Objection Certificate (NOC) of Lahore Smart City is granted by Lahore Developmental Authority (LDA). This certificate is one of the many reasons why Lahore Smart City is a worth investing project.
Lahore Smart City Location:
The location of this housing scheme is highly accessible, as it is located at the Lahore-Bypass Road. It also enjoys easy access from two major roads of Lahore, which connect the city with the rest of Pakistan.
The location is accessible through many roads and lines, making it iconic in its own way.
Lahore Smart City Accessibility:
Lahore Smart City’s location map is stress-free to follow.
The Lahore Smart City directions are easily accessible as follows:
Lahore Smart City Nearby Landmarks and Places:
Several nearby landmarks & places surround the housing society:
Lahore Smart City Master Plan:
We all know how Lahore has recently become one of the most crowded places in Pakistan, creating increased pressure for urbanization. Lahore Smart City has the vision to help with this pressure by playing its part in distributing these urban pressures to the suburbs from the main city.
This project is reportedly being developed on an estimated area of 20,000 Kanals. Moreover, a highly skilled team of engineers and architects has laid out the foundation of the master plan for this Smart City.
Lahore Smart City Blocks:
This housing scheme contains mainly two blocks:
Lahore Smart City Residential Plots:
This residential scheme offers the following residential in different blocks:
Lahore Smart City Commercial Plots:
Following are the sizes of the commercial plots offered in the housing society:
Lahore Smart City Payment Plan:
The payment plans of various residential and commercial plots of this smart city are as follows:
Lahore Smart City Residential Plots Payment Plan:
Lahore Smart City Commercial Plots Payment Plan:
The price market trend of Lahore Smart City residential and commercial plots is as follows:
Residential Plots:
Sr. No. |
Plot Sizes |
Plot Prices |
1 |
5 Marla |
22 Lakh |
2 |
7 Marla |
28 Lakh |
3 |
10 Marla |
39 Lakh |
4 |
12 Marla |
48 Lakh |
5 |
1 Kanal |
66 Lakh |
Commercial Plots:
Sr. No. |
Plot Sizes |
Plot Prices |
1 |
8 Marla |
1.8 Crore |
Lahore Smart City Facilities & Amenities:
This Smart City is not only a housing society with a modern vision, but it also has a mission to revolutionize the living standards of the people of Lahore at affordable prices. This housing scheme’s facilities for its residents are unlike any other housing scheme in Lahore. The amenities are also top-notch in this Smart City.
Some of the facilities & Amenities of this housing scheme are mentioned below:
Eco-Friendly:
This residential society is filled with greenery, making this Smart City a great living place for nature lovers. It offers a serene and eco-friendly environment and contains contemporary facilities for its residents.
Grand Mosque:
Religious needs hold the utmost value for people. Hence, this residential society has taken that into account as well. It has one grand mosque and other sector-wise mosques adorned with modern technology and architecture.
Water Resources:
Clean water has become rare nowadays. But not for the residents of this housing society. It has installed various filter plants for its residents. Simultaneously, it has also developed water reservoirs to store large amounts of water to be used by the residents for daily chores.
Education Complex:
The following educational facilities will be available for the residents of this residential society:
Hospital:
The medical needs of any society cannot be ignored. Hence, this Smart City has announced the development and inauguration of its hospital, which will have a top-class team of skilled doctors and work on international protocols to provide its residents with up to the mark medical facilities.
Business & Commercial Hub:
The economic and commercial needs of residents of this housing scheme have been considered. The residential society has formed an excellent plan to provide residents with an all-in-one commercial area. This commercial area will allow all the residents to lead a worry-less life, with no stress about their economic and commercial needs.
Secure Community:
Without fostering a sense of safety, a housing society is bound to disappoint its residents. But the good news is that this project has made the security of its residents a top-most priority. A boundary wall has been laid to envelop the residential project to promote high-level safety. Moreover, 24/7 CCTV cameras and other surveillance gear are installed within this Smart City.
High-quality Road Infrastructure:
Engineers and architects have put their utmost effort into developing a spacious and magnificent main road with beautiful well-structured streets. Additionally, the main boulevard in itself is a sight worth seeing.
Lahore Smart City Salient Features:
Following are the salient features of this Smart City:
Guidelines to follow while Purchasing/Sale of Plots in Lahore Smart City:
Following are the guidelines to follow:
Document Verification:
To avoid any complication, misunderstanding, or miscommunication, everyone is advised to verify all the documentation carefully. Moreover, it is always safe to inquire about the NOC of any property before making a purchase. This makes sure that customer satisfaction will be achieved and verifies that your documentation is valid.
Financial Security:
Mindful planning of adequate alignment of your funds with your purchase plan will protect you from facing any discomfort later. Hence, we always facilitate our customers to align their purchase plans with their financial capacities.
Property Visits:
It is always wise to visit the plot site before purchasing, as it ensures that the written documents are under the plot specifications.
Documentation Requirement for Booking:
Tajarat Properties believes in the bond of trust and transparency with our customers, so we recommend enquiring about the latest documentation requirement for booking. The Following documentations are required to buy property in this Smart City:
Benefits of Real Estate Investment:
Real estate investment is a tricky business, which is why we are here to help you. Let us assure you that real estate investment is a highly profitable business compared to other business ventures.
Some of the main benefits are as follows:
1. Financial Security:
By making the right real estate investment, you do not have to worry about losing the value of your asset. Not only does real estate investment save you from the hassle of worrying about losing the cost of your asset, but it also ensures that the cost of assets will only grow higher with time.
2. Stable Income:
Real estate investment is among the best methods to earn a stable income. For example, you can buy a developed property and rent it. Not only will the rent increase per year, but the value of your asset will also go much higher with time. Hence, it becomes a win-win situation!
3. Manageable:
Real estate investments make sure you live a carefree life with no worries about going and managing it daily like other businesses. You only have to visit once in a while to make sure your asset has not fallen into the wrong hands of encroachers.
4. Passive Income:
Passive income like rent could be generated once someone has invested in a real estate property. Investors buy a developed property or develop an open land and then rent it out, ensuring a steady source generation source throughout the year, uninterruptedly.
5. Non-depreciable Asset:
Real estate investment is a business that will never lose its value once done rightly. Real estate value always increases every year. And if some significant government or private project is started in its vicinity, the value may increase manifold.
Booking Procedure for Property in Lahore Smart City:
Tajarat Properties always advises our respected customers that inquire about the latest booking procedure from management to clear out any communication. The booking procedure is as simple as possible.
All you have to do is follow the steps mentioned below:
Pros & Cons:
Following are the Pros & Cons of the Smart City Lahore:
Pros |
Cons |
24/7 water |
Perception of high plot rates |
24/7 Electricity |
|
Various Eateries/Cafes/Restaurants |
|
Cinema |
|
International Hospital |
|
Zoo |
|
Underground Electricity Supply |
|
Educational Avenues |
|
Theme Parks/Recreational Areas |
|
Grocery/shopping center/Markets |
|
Peaceful/ healthy/secure environment |
|
Gated community with security gates, surveillance systems, CCTV Cameras & guards |
|
Very close to the central locations & other societies |
|
The vast and well-planned carpeted main boulevard, roads, streets, lanes & walk-ways for pedestrians |
|
Well-planned drainage & waste disposal systems |
|
Green, innovative and sustainable housing society |
|
Security system |
|
Solid waste disposal mechanism |
|
Frequently Asked Questions (FAQs):
Following are the FAQs about Lahore Smart City:
Q1: What is Lahore Smart City, and how is it different from other housing societies?
Ans. Lahore Smart City is the first housing scheme in Lahore that offers luxurious living at affordable rates. It is also the first smart city in Pakistan. A smart city consists of the following main features, in general:
Q2: Is it an approved and legal housing society?
Ans. Yes, this residential scheme is approved by Lahore Developmental Authority (LDA).
Q3: Is it an affordable residential Project?
Ans. Yes, there is no doubt because of the easy Lahore Smart City installment plans. The management has played a crucial role in balancing luxury and affordability.
Q4: Does this society has a potential high yield investment return?
Ans. Yes, especially with its announcement of the inauguration of new features such as Underground Electric Supply, Zoo, and Malls. People from humble backgrounds and a huge bulk of investors are also investing in this housing society due to the affordability and attraction that these features offer.
Moreover, as the previous project of Capital Smart City Islamabad is a success, there is an increased chance of high-yield investment returns in this newly inaugurated Smart City residential scheme.
Q5: What is the location of this Smart City in Lahore?
Ans. This residential project is located at the Lahore-Bypass Road. It also enjoys great access from two major roads of Lahore, which connect the city with the rest of Pakistan.
Q6: Who are the developers of this residential scheme?
Ans. This Smart City is a project developed by a mutual collaboration between Habib Rafique Pvt. Limited, and Future Holdings Development Pvt. Limited.
Conclusion:
Lahore Smart City is a housing scheme developing with just one aim: to provide a world-class luxurious lifestyle to the residents. Luxurious facilities, affordability, and location are the main features of this residential society.
So, Tajarat Properties highly recommends that this is the golden opportunity to invest in this residential society. To know more about this project, contact us.