The decision of establishing your dream houses and building a place with high intentions of furnishing a peaceful shelter to your near and dear ones demands special scrutiny. Every individual or investor searching to invest their money in property browses through multiple residential colonies and projects options, but the question arises: which project will suit their entire list of requirements? Well! Some of the highly professional and experienced real estate agents have declared a few projects as the potential tycoons of the real estate sector of Pakistan soon.
This prediction has been withdrawn after analysing an overwhelming response from the local residents of that particular area. Among a long list of residential projects allocated in various cities of Pakistan, one of the flickering projects on the lives Land of Lahore is awaiting you and has been referred to as no. 1 housing society of Lahore by numerous experts. The name of this treasury and the iconic project is Lahore Smart City (LSC).
It is an exemplary residential colony as it sits near the Kala Shah Kaku terminal of the M4-motorway and has access to Lahore bypass. The pioneer of the construction and building sector is Habib Rafique Pvt. Ltd and FDHL( future Development holdings limited) have taken command of Lahore Smart City and Capital Smart City.
The significance of these two megaprojects of the real estate domain of Pakistan has hidden in their ranking as the 1st and 2nd smart cities in the housing history of Pakistan. Although various cities and housing units have been established since the birth of Pakistan in 1947, the launch of Smart cities has sparked up the sector with its globally recognized features. The establishment of ideal living standards that completely fulfil the demand of residents has rendered these two smart cities the hot favourite choices of investors.
The foundations of Lahore Smart City have been laid down with an engraved objective of luxury, sustainable, and environmentally friendly atmosphere for its inhabitants. The developers and builders of this housing society have striven hard to serve its residents with all the basic and advanced world life facilities.
An extensive land area of 20,000 canals has been specified for developing this marvel of housing colonies. However, after getting an enthusiastic response from the citizen of Lahore towards this masterpiece, the constructors and owner of Lahore Smart City intend to get the approval of more Land to provide quality assurance piece of Land to its residents. Complete registration and NOC approval from LDA have been confirmed and assured.
Lahore Smart City Location:
Location is the foremost considerable factor before approaching the housing society and finalizing your plot over there. Professional real estate investors have admitted and claimed that the location of Lahore Smart City has successfully covered all the facets of an ideal location.
LSC is accommodating a prime location of Lahore that interconnects with two eminent highways of Punjab, one is the M4 motorway, and another is GT-road. Moreover, the legality and clearance regarding NOC registration from LDA have also ranked this residential project among its competitors. The location and map of Lahore Smart city have charismatic vibes that meet the modern world's requirements. Masters real estate is the authorized partner of Lahore Smart City, and the investors looking forward to investing in this mesmerizing project are free to investigate and ask about their queries related to LSC plot booking, NOC, facilities, and any other aspect.
While living in such a housing society that is easily accessible not only from the other cities but also from the city's interior is not less than a blessing. Lahore Smart city has accomplished this task in furnishing the following access points:
· At least a driving distance of 5 minutes from Lahore Smart city, there lies Kala khatie Narang Mandi road, Sheikhupura, and M-2 motorway toll plaza.
· The terminal of the M-11 motorway lies at approximately 10 minutes only.
· Lahore Sargodha Road is only 11 minutes away from Lahore Smart City LSC.
· There is only a driving distance of 4 minutes between GT road and Lahore Smart City.
· The popular Lahore Ring Road leading to Allama Iqbal international airport lies at a driving distance of 22 minutes only.
The landmarks that are close to Lahore Smart city and enables the residents to reach the following places in little time are:
· Kala Shah Kaku
· The brand-new campus of the University of engineering and technology
· A historical building of Badshahi Mosque
· A populated locality of Rana town
· The beautiful tomb of Jahangir.
Developer and Owners of Lahore Smart City:
The developers and owners of any construction project represent that project in their respective sectors. Lahore smart city and Capital smart city have been bestowed with prestigious owners and construction handlers of the real estate sector of Pakistan. The magnificent, name of quality and trustworthy companies of Habib Rafique Pvt Limited and Future development Holding Pvt Limited are the major builders and architects of this masterpiece of the housing project. In addition to these two leading companies of Pakistan, Lahore Smart City has also incorporated the work and services of various international construction and consultation organizations. The amalgamation of ever-lasting and modern-era engineering regimes has mixed in uplifting Lahore Smart city's vicinity. The association of such huge constructional companies with Lahore Smart City is an honourable feature and also furnishes the project with an advantageous position in the real estate industry. As both companies, Habib Rafique Pvt Limited and FDHL, have already constructed and accomplished the responsibilities of builders in the various incredible project.
Given the worthy and top-notch work delivered by the developers of Capital smart city and Lahore Smart city, investors are showing attractions towards property available in these two housing projects.
Future Development Holding (Pvt) Limited:
The major contributor in furnishing the smart facets to Lahore Smart City is Future development holding Pvt Limited. The eminent image created by FDHL in the real estate sector of Pakistan is exemplary due to its perfect history of construction work. Multinational participants who run the company have Chinese consultations and European architectural units. DHL has sparkled the magic of its quality work on international and national forums. The company has also modified its name in the power energy sector. The multi-dimensional approach used by FDHL has enabled this company to make its mark in various fields.
Habib Rafique Private Limited:
The designation of owning company for Lahore Smart City and Capital Smart City has been given to Habib Rafique Pvt limited. It is the staple organization in designing the master plan and finalizing all the crucial aspects regarding the residential project. It’s not wrong if we say Habib Rafique Pvt limited is parallel to class and maintains the premium standard of the construction industry of Pakistan. It is an internationally renowned company serving the construction sector for over 50 years. In such a long time, the company has delivered high-quality constructional and building services to big and small cities of Pakistan.
All the international companies who are contributing to defining the smart life of Lahore Smart City have mentioned below:
· Surbana Jurong- served as the master planned of Lahore Smart City LSC.
· Design men consulting engineers
· DSA architects international company
· Troon Golf
· Smart future
· DSA Architects international company.
Lahore Smart City Master Plan:
One reliable platform that conveys sufficient information related to the master plan of the various residential project is The Masters real estate. Lahore smart city is a newly hatched project in the real estate sector of Lahore, and minute requirements are left before launching its master plan. However, masters real estate have brought some valuable yet worthy information regarding the master plan of Lahore smart city, so your wait is almost finished. The cutting scheme of plots in this society has been achieved and comprises many plots. As a result of the pronounced response from the investors, limited plots are available for sale in LSC, but Masters real estate is available to serve you with your desired plots.
There is some similarity in the master plan of Capital Smart city and Lahore smart city, but both projects have maintained their individuality and facilities to meet the requirement of the residential competition.
Following sizes of the plot are available for sale in Lahore Smart city:
· 8 Marla plot
· 4 Marla land
The spacious plots have been allocated for building commercial projects, plazas, shopping centers, gyms, and much more.
A wide variety of housing plots are available for sale in LSC, and these are as follows:
· 2 Kanal plot
· 1 Kanal plot
· 12 Marla plot
· 10 Marla plot
· 7 Marla plot and
· 5 Marla plot
Lahore Smart City Payment Plan:
An affordable payment plan compared to other housing projects is all set to serve the investors. In this age of inflation, it is not easy to find such a golden opportunity that will furnish you with advanced life facilities and appropriate payments. Any housing project's rates and payment plan have always influenced the investors. Lahore's smart city has won the hearts of accustomed real estate investors with many appropriate rates and a lavish lifestyle.
An instalment plan is also available, making it feasible to pay the full payment by following the split scheme. The conserved features for all the residential and commercial plots available for sale in LSC are the constant confirmation cost and down payment rate. Investors can easily make the payment at the rate of 10%. After successfully booking plots, confirmation is mandatory to pay after two months.
Similar to Capital Smart city, LSC has also added first-class blocks in their housing projects, these are:
· Executive Block of Lahore Smart City
· Overseas Block of Lahore Smart City
An estimate about the prices of various blocks available in these two worth-living blocks have described below:
· Plot’s prices in Executive block of Lahore Smart City:
1. The price of 5 Marla plots is approximately 2,370,000
2. The cost charged for a 7 Marla plot is 2,820,000
3. It is approximately 4,350,000 for the standard sized 10 Marla plots.
4. 12 Marla plot costs at the rate of 4,380,000
5. 1 Kanal plot almost costs 7,125,000.
· Plot’s prices in Overseas block of Lahore Smart City:
1. The rate finalized for 1 Kanal plot is 7,260,000
2. The price of 10 Marla plots in the overseas block is 4,480,000
3. The plot of 5 Marla will require money of 2,500,000.
Lahore Smart City Instalment Plan:
Designing the instalment plan by the Lahore Smart City owners has eased various investors looking forward to investing in worthwhile projects. A breakage plan of 3 years for payments has been composed that has assisted numerous families in getting their houses built in LSC. The instalment plan comprises 14 quarterly instalments. The final prices of residential and commercial plots available at LSC will reveal the exact portfolio of the instalment plan. Masters real estate is the finest platform to deliver authentic and guaranteed information regarding the instalment plan.
Lahore Smart City Commercial Plots-Payment Plan:
The price tags defined for commercial plots available in Lahore Smart city have described below:
· The price of 8 Marla plots in the overseas block is 18,950,000
· The rate of 4 Marla commercial plot in overseas block costs 9, 450,000
Executive block of LSC has also comprised of commercial plots with the following rates:
· 8 Marla plots cost 17,450,000
· 8,950,000 is the rate of 4 Marla plot
The access to pay your payments in ample time of 3 years makes Lahore Smart city top class and no. 1 investment choice.
Features of Lahore Smart City:
The Lahore smart city is the emblem of smart facilities and a peaceful and luxurious environment. The efforts put forward in serving the residents with supreme facilities of life will reveal by reviewing the below-mentioned districts available in this city:
· The health care district- a huge hospital of 500 beds- has modified this city's health sector and facilitation.
· Gate Precinct has housed the official building of Lahore Smart City, together with the head office of various hotels, boutiques, shops, or any other project.
· Education district is considered as the major learning hub of the project. It will hold the national and international educational campuses of education.
Lahore Smart city has covered all the starring features of the ideal residential project. Therefore, it will ensure a secure investment in the coming times. Master Real estate has always suggested and supported quality projects, and Lahore Smart city is also one of them, so we granted this residential project as a special project from future perspectives.
Author: Muhammad Usman Fida
Company: The Masters Real Estate & Builders (Pvt-Ltd)