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Lahore smart city (Update 2020) Booking, Location, Plots Rates

Posted by admin on August 18, 2020
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Lahore smart city

 

Ever since PTI came into power after the 2018 elections, PM Imran Khan has put a lot of emphasis on construction as well as environment. That is the reason that his efforts have been appreciated by the World Economic Forum for tree plantation all over the country. On the other hand, the government has given the construction sector, the status of a separate industry. The reason being that a large number of the population of the country, whether skilled or unskilled earn their livelihood through construction.

Lahore smart city and location:

The smart city will be developed with association of Habib Rafiq (Pvt.) Ltd, Future Development Holding (Pvt.) Ltd and Surbana Jurong (Pvt.) Ltd. The project focuses on converting the second largest city of Pakistan into a highly modernized and smart city for a futuristic lifestyle. With state of the art town planning, designing and highly effective and picturesque landscaping, the city will be built to have a zero carbon footprint. It will be the second smart city in the country, after capital smart city. The smart city will be located on Lahore Ring Road, close to M2 Motorway and M11 connecting Lahore to Sialkot.

Various attractions:

The smart city will have a number of attractions of world class standards including

  • International standard theme park
  • The Lahore Eye
  • Smart homes and Villas
  • Madam Tussaud’s Pakistan
  • Lahore Time Square
  • Waterfall park and numerous others as well.

 

Lahore smart city

Various features:

The Lahore smart city will have lots of features for modern lifestyle and modern facilities. The most prominent features include

  • Overseas block
  • Executive block
  • Sports district
  • Financial square
  • Silicon valley
  • Gate precinct
  • Healthcare district
  • Education district
  • Theme Park
  • Mosques
  • BRT system
  • Garden Parks and numerous others as well.

Framework:

The Lahore smart city focuses on revolutionizing the regional economic activity. A new international airport will be built close to the city for businessmen and investors. The commercial center will provide numerous jobs. A special focus will be given to the eco-friendly urban living community, with efficient and fast waste management system. Not only will the Smart city provide an ultra-modern community for enjoying a futuristic urban living experience, it will also be a source for bringing foreign investment into the country.

Offers from Salaam Estate and Builders:

Salaam Estate and Builders are a trusted name in real estate advisory and development. We have been serving overseas as well as resident Pakistani’s for a couple of years. Therefore, if you want to take advantage of a residential opportunity in the city of tomorrow i-e Lahore smart city, then visit us today to book your space.

Lahore smart city FAQs:

Which kind of project is Lahore Smart city?

This is the grand residential project in Pakistan with state of the art infrastructure. This is only the 5th Smart city project in Asia and the second one in Pakistan.

Difference between Lahore smart city and Capital Smart City Islamabad?

There is not much difference between the capital smart city Islamabad and Lahore smart city. Both are being built under the same framework, to provide a centre for Smart Economy.

Developers of Lahore Smart City?

The developers of Lahore smart city are Habib Rafiq (Pvt) and Future Holding Developments (Pvt) Ltd (FHDL).

What is the location of this society?

The Lahore smart city will be located on Lahore Ring Road, close to M2 Motorway and M11 connecting Lahore to Sialkot.

Are commercial plots available in the housing society?

Yes. Different categories of residential as well as commercial plots will be available in the Smart City.

What is the status of the legal NOC of the housing society?

The NOC is under process in the Lahore Development Authority (LDA) and will be given in the next month.

What is the status of Possession of land in the housing society?

Anyone who has got a plot in the ballot can get possession by paying at least 60% of the total payment. They will also have to submit an affidavit guaranteeing that the remaining price will be paid as per plan, or the society will have the authority to change the location of their plot.

Plots rates in Lahore Smart City?

Rates in Overseas block are

Size of Plot Price
5 Marla PKR 1,900,000/-
10 Marla PKR 3,400,000/-
20 Marla PKR 5,500,000/-

With the payment plan to be

  • 10% down payment
  • 10% confirmation (after 60 days)
  • 5 year payment plan
  • Prices are without development charges.

 

Rates in Executive block are

Size of Plot Price
5 Marla PKR 1,800,000/-
10 Marla PKR 3,300,000/-
20 Marla PKR 5,400,000/-

With the payment plan to be

  • 10% down payment
  • 10% confirmation (after 60 days)
  • 5 year payment plan
  • Prices are without development charges.

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