Lahore Smart City is one of Pakistan's most impressive residential developments, ranking among the country's most impressive real estate developments. Apart from everything else, this will be the first project in Pakistan that will astound everyone.
Lahore Smart City is the fifth Smart City project in Asia and the second in Pakistan, and it is located on the Lahore Bypass, which is connected to the GT Road and the Lahore-Sialkot Motorway. The smart city of Lahore is also connected via the ring road. Because of its modern development and distinctive characteristics, it has become the most popular residential scheme in record time. This was supposed to be an environmentally friendly smart city in Lahore, according to the creators.
Lahore Smart City is a new gigantic real estate project that is sprouting up amid the cityscape of Punjab's provincial capital. Fast-paced construction is underway, aided by 300 to 400 tonnes of heavy and small machines. Lahore Smart City is the most accessible residential community in Lahore, with access to five main connecting routes.
Habib Rafiq (Pvt) and future Holding Developments have formed a partnership to own Lahore Smart City. These are the names of two major real estate developers in Pakistan. They are also well-known throughout the country as a result of their large-scale undertaking.
Another top-tier building company in Pakistan is Habib Rafiq Pvt. Limited. They're well-known for their award-winning engineering and construction achievements throughout the past fifty years. Certainly, their success is the consequence of their unwavering commitment and attention to the client's needs and their job.
HRL has the following expertise:
They rose to the top of the market because they are in charge of the building of prestigious housing complexes in Pakistan, such as DHA and Bahria Town. Their responsibilities involve every aspect of the project, from infrastructure to planning services. Habib Rafiq is synonymous with trust, quality, expertise, and honesty. All of the real estate development companies teamed together with Habib Rafiq to claim the title of luckiest.
It is the name of leading asset management and real estate developer in Pakistan. They contribute to the construction of contemporary smart cities for the benefit of its clients, not only in terms of a lavish lifestyle but also in terms of profit. The Companies Ordinance of 1984 also applies to FDHL. Several national and international institutions collaborated to build this organization. It's a combination of (EDL) Engineering Dimensions (Pvt.) Limited and (CLIC) China Liaoning International Economic and Technical Cooperation Group LTD, in general. Both of these firms are top real estate leaders with expert-level technical and leadership abilities.
Surbana Jurong (SJ) is a well-known consultant business, to put it simply. Singapore is where the company's headquarters are located. SJ is the largest engineering, urban, and infrastructure firm in Asia. It hires a global staff of around 16,000 people across all of its offices. Designers, architects, engineers, planners, and other experts are among the company's personnel.
The organization develops cities for houses by extending chances for business and community growth.
Similarly, for the design of the master plan of the Capital Smart City Islamabad, a technique that was interlined with each other was used. This concept has a wide range of features and amenities that cater to all aspects of society, including residential, commercial, and leisure.
The location map of Lahore Smart City is simple to follow. The following are the instructions to the Lahore Smart City:
The housing society is surrounded by several nearby landmarks and places:
When it comes to real estate investments, location is crucial. Before investing in real estate, it is critical for a real estate investor to understand the benefits and drawbacks of the property's location. The intended location of LSC, like Capital Smart City Islamabad, is set to be connected to and from Lahore by major road networks. The intended location of LSC, according to reports, will be along the Lahore By-pass route, with convenient access from the N5 GT Road and the Lahore – Islamabad Motorway (M2). Because of its ease of access from the major Lahore metropolitan regions, the planned site of Lahore is one of the best in the region. LSC's launch has been greeted with enthusiasm by real estate veterans. This project, according to some real estate brokers, has the potential to be as successful as Bahria Town. The agents emphasize that LSC's planned location has excellent connectivity to two main highway networks that connect Lahore to the rest of Pakistan. This distinguishes it as a premium investment destination for investors seeking positive mid-term returns on their investments.
The smart city obtains these three essential aspects for the establishment of a contemporary and rich lifestyle:
There is presently no precise information on the master plan, existing facilities, or the overall characteristics of the housing society. We will continue to update the material supplied by the developers on a regular basis.
The Lahore Smart City has been formally inaugurated, with a variety of business and residential sites available. There are now just a few plots available.
Lahore Smart City will construct a residential general block, an overseas block, a financial square, an education district, a health district, a silicon valley, a sports district, and an executive block, similar to Capital Smart City.
Overseas Pakistanis will be able to reserve plots solely in the overseas block, while local citizens would be able to book plots in the Executive Block and Residential Block.
Commercial land sizes in Lahore Smart City's Executive Block and Overseas Block are as follows:
The following are the residential plot sizes in Lahore Smart City's Executive Block and Lahore Smart City's Overseas Block.
The following are the districts of Lahore Smart City:
The General Block consists of residential plots that are offered at a reasonable price. It is also available for purchase by middle-class households. Residents of the General Block will have access to all essential requirements as well as innovative amenities. It will just be a residential building comprising houses and flats, a mosque, and businesses selling daily necessities.
The Overseas Block is another housing society apartment block. It is made up of residential plots and villas. Only persons who live outside of Pakistan or who hold dual nationality are eligible to apply for a spot in an overseas block.
The Overseas Block will be equipped with all of the facilities that people would expect to find in a foreign nation. Within the block are mosques, hospitals, hotels, restaurants, stores, and educational institutions.
This block will feature residential dwellings and flats, mosques, retail businesses, playgrounds, jogging tracks, and a hypermarket, much like any other residential block in the Lahore Smart City housing society. The main distinction is that the facilities in this block will be a little more upscale than those in the ordinary block. In addition, plots in this block will be slightly more costly.
Farmhouses in Lahore Smart City:
For holidays and wonderful scenic views, LSC offers farmhouses in the following sizes:
Farmhouses may be used for a variety of functions, including farming, pet care, parties, get-togethers, family reunions, or simply spending quality time with family.
LSC's sports area will have fields and stadiums for a variety of games and sports. It will be home to a cricket stadium, a football stadium, a badminton court, and a sports complex. It will feature residential plots and villas, as well as food outlets and cafés, retail businesses, and mosques, similar to the health care area.
One of the district's most notable characteristics is its 500-bed hospital, which will contain all of the necessary healthcare amenities as well as specialist physicians in every discipline. However, this neighborhood will include some residential plots and villas, as well as commercial spaces for food and retail establishments.
This block will serve as the housing society's learning center. This block will be home to several schools, institutions, and a university. The residents of this block will be fortunate in that schools are within walking distance.
LSC's commercial district, also known as the financial square, will feature offices, banks, conference halls, hospitals, retail offices, 5-star boutique hotels, and an exhibition center, as well as residential flats and stores for everyday items. In August 2021, Lahore Smart City will open commercial plots 4 and 8 Marla.
The first block after the housing society's entry gate is known as the Gate Precinct. It will house the Lahore Smart City's services office. In this block, four-star and three-star hotels, as well as residential residences and villas, will be constructed.
This Lahore Smart City block will handle the majority of the technological and IT activity. Corporate offices, IT and software firms, warehouses, technology operational offices, retail offices, and customer service centers will all be accessible in this block. Aside from offices, there will be residential plots and villas, a mosque, and retail stores.
It has been verified that plot rates have been changed, according to the official page of Lahore Smart City.
If you want to make a lot of money in a short period of time, Lahore Smart City is the greatest option since it will be a fantastic investment opportunity. In the next two to three years, this residential society will flourish.
The payment plans for their second project, Lahore Smart City, have already been revealed. Plot reservations are only available with a 10% down payment, as well as a 10% confirmation fee, which is due after two months.
Aside from that, the remaining cost of plots will be paid over the next three years in fourteen easy and cheap quarterly installments.
Bookings are available with a 10% down payment and a 10% confirmation fee due after 60 days. The remaining balance will be paid over the course of three years in 14 equal quarterly installments.
The management of Lahore Smart City has devised a simple three-year installment plan for all available plots, with only a 20% deposit required. The costs do not include development fees. For Executive and Overseas Blocks, the plan includes 14 quarterly installments every three months.
The total cost of a 7 Marla property in Executive Block is Rs. 2,820,000/- and Rs. 2,975,000/- in Overseas Block. The total price of a 12 Marla Plot in Executive Block is Rs. 4,380,000/- and Rs. 4,500,000/- in Overseas Block.
*On particular plots such as main road plots, corner fronted plots, and park facing plots, there is no additional total cost. These fees apply to main boulevards that are 50 to 99 feet wide.
10% refund on full payment on certain plots of the major boulevard of 100 feet and above 15% additional total cost
On the final payment, you will receive a 5% discount.
Reservation fees of 15000 rupees are charged for plots larger than 5 marlas. It will not be refunded.
Following are the launched cost of commercial plots overseas and executive blocks that are currently available:
The plot rates for the 4 Marla commercial plots are available in three yearly payment plans, each with 14 simple installments. On lump-sum payments, you'll save 10%, and on down payments, you'll save 5%. On a 50% payment of the plot fee, a 5% refund will be offered. The pricing does not include the development fees. 100 square yards is the size of the 4 Marla commercial plot.
The plot costs for the 8 Marla commercial plots are available in three yearly payment plans with 14 installments each. You may be able to save 10% on lump-sum payments and 5% on down payments. On a 50% payment of the plot purchase, a 5% discount will be provided. The pricing does not include development costs.
Here are the essential characteristics that will distinguish Capital Smart City Lahore as a smart city.
A smart city aims to provide unique, long-term development and professional services from within its own borders. Lahore's Capital Smart City satisfies all of the smart city's requirements.
Lahore Smart City will continue to make use of technology, housing statistics, and other data to improve infrastructure and provide answers to problems.
This might include having access to energy 24 hours a day, low-cost housing, education, and healthcare facilities, as well as being connected to everyone.
The housing society will make life easier for its residents by becoming the community's first commercial centre and attracting foreign investors and enterprises to invest in the spectacular house project. Capital Smart City Lahore may also result in a variety of commercial and service industry job opportunities, resulting in Pakistan's financial needs.
The housing society is designed in such a way that it produces a robust societal environment in which inhabitants can live sensuously and peacefully.
Improved access to the residential society's own public transportation, as well as innovative solutions such as Smart Parking, Intelligent Traffic Management, and integrated Multi-Modal Transport, are expected to promote urban freedom.
Authorities in Lahore Smart City will redevelop badly planned areas, such as neighboring slums, in order to create tranquil and appealing neighborhoods. They are giving folks the opportunity to live in a modern environment.
To mitigate the consequences of urban heating and improve the quality of life, developers will create and preserve open areas such as parks, playgrounds, and recreational places.
Video monitoring will be used to monitor and regulate any criminal activity, and safety measures will be implemented to protect the inhabitants' safety.
The developers are working hard to create a modern residential complex. Furthermore, they will continue to update the residential society to meet the changing wants and requirements of the community.
Capital Smart City Lahore is working to develop a sustainable transportation system that will allow citizens to move around the city with ease. The housing society will demonstrate a new, cutting-edge transportation system that is more efficient.
FDHL Private Limited has not yet revealed the facilities that will be put in Lahore Smart City. However, they have intimated that the facilities will be close to, if not identical to, those found in Capital Smart City Islamabad.
This housing society claims to provide its residents with a unique and modern living experience that will allow them to live a luxurious existence. Lahore Smart City housing society would become the first smart city in Punjab by using new technologies and displaying smart qualities.
A few key characteristics of the housing society are listed below: