Lahore Smart City

Introduction:

Lahore Smart City (LSC) is an LDA-approved housing community located on the Lahore Bypass and constructed jointly by FDH and HRL. With its sophisticated facilities and amenities, the LSC has introduced a new lifestyle to the real estate market. It is the finest investment opportunity in Lahore because of the architecture level, the splendour of a lavish lifestyle, state-of-the-art construction, futuristic planning, clever engineering solutions, and efficient designs.

A 20-mile recreational route with a continuous network along the eco-spine and rivers. As a tourist destination, 600 Kanal central park is connected with the great mosque and financial square. 20m2 of open space per person, including sports, culture, community, and gardening amenities. Lahore Smart City has been established by HRL and FDHL as an ideal investment opportunity.

Lahore Smart City Developers & Owners:

Future Development Holdings PVT Ltd. (FDHL), Surbana Jurong (SJ), and Habib Rafique Pvt. Limited created the Lahore Smart City (HRL). Previously, the developers built numerous world-class property projects in Pakistan and overseas.

They are already well-known in the real estate sector for their dedication and devotion to high-quality infrastructure development in residential societies such as DHA and Bahria Town. They have also formed their own housing societies, like as Royal Orchard Sahiwal, Royal Orchard Sargodha, and Royal Orchard Multan.

The developers of Lahore Smart City are as follows:

Surbana Jurong (SJ):

SJ holds the distinction of being the society’s master planner and developer. Aisa is one of the top leading real estate consultants for infrastructure development. SJ is a Singapore government-owned corporation that was founded in 2015.

Future Development Holdings Private Limited (FDH):

FDH is among the most prominent real estate developers. It is one of the CSCI developers. FDH is well-known for creating cutting-edge housing communities based on worldwide standards.

Habib Rafique Pvt Ltd (HRL):

Habib Rafique Private Limited is a model of success in the real estate development industry. HRL has come a long way with their hard and honest effort to attain this level of excellence. For more than 50 years, the organisation has established several remarkable achievements in a variety of fields.

There are several member companies, such as:

• HRL Pvt. Ltd.
• Infratech
• Royal Orchard Housing
• Engineering Dimensions Private Limited

The developers have also taken assistance from several design consultants as follows:

• Hardine & Golf
• Troon Golf
• DSA Architects International
• Designmen Consultants Engineers Pvt. Ltd.
• Cracknell Landscape, Architecture & Planning

The society has several development partners, such as:

• Trivelles Smart Homes
• National Defense Univerity
• Hardine Golf
• Movenpick
• Alight
• ESA
• International Medical & Research Institute
• Freji Entertainment International

The project is being marketed internationally in Italy, the USA, and the UK by well-known realtors, such as:

• Royal Overseas Solutions
• Lion Home Design & Build
• Dreamland Marketing Pvt. Ltd.
• PK Marketing International
• Overseas Marketing Group
• Masters Real Estate
• Aston Associates
• City Marketing
• Azi Investments
• Orbis
• SHS
• G Stones
• Century 21
• Gold Square
• Shahid Khawaja
• Premium Realty
• Shabbir Realty Inc
• Rehman Realty Inc
• Berkshire Hathaway
• Avenue Marketing
• Moin Haque Coldwell Banker
• Property People International

The Lahore Smart City is also being marketed locally by famous and expert marketing agencies, such as:

• Tajarat Properties
• Property News
• Sky Marketing
• Aura Islamabad
• Haider Associates
• Mohyuddin Estate
• Top Solution Lahore
• Nexthome. pk Lahore
• Estate Web Islamabad
• Bismark Realty Lahore
• Havalian Estate Lahore
• RenSoll Realtors Lahore
• Property Culture Multan
• M2 Marketing Islamabad
• Raas Properties Islamabad
• Siraj Real Estate & Builders
• AKT Estate & Builders Lahore
• Regency Marketing Islamabad
• Home Key Islamabad/ Rawalpindi
• Elahi Estate & Builders Islamabad
• 5G Properties Islamabad/ Rawalpindi
• Future Handling Investment Rawalpindi

Lahore Smart City NOC:

The Lahore Development Authority has already granted the Lahore Smart City No Objection Certificate (NOC) (LDA). Nonetheless, the LDA will post the formal authorised status on its website. Housing societies that have been approved have a better possibility of development and success.

Lahore Smart City Location:

The location of Lahore Smart City is situated at Lahore Bypass. The prime location of any real estate project is crucial to its success.

The Lahore Smart City map is easily approachable from several locations.

Lahore Smart City Accessibilities:

Lahore Smart City is quite an accessible housing project.

Lahore Smart City is accessible in the following ways:

• Lahore Smart City is located at Lahore Bypass
• Almost 4 min drive away from GT Road
• Almost 9 min drive away from M-11 Motorway
• Almost 9 min drive away from M-2 Motorway
• Almost 19 min drive away from Lahore Ring Road L-20
• Almost 11 min drive away from Kala Khatie Narang Mandi Road
• Almost 30 min drive away from Allama Iqbal International Airport

Lahore Smart City Nearby Landmarks & Places:

• Lahore Bypass
• UET Lahore
• Ferozwala
• Kala Shah Kaku
• Kot Abdul Malik
• Shahdara Town
• M-11 Motorway

Lahore Smart City Master Plan:

A highly skilled team of specialists planned, created, and constructed the master plan for Lahore Smart City. The crew worked around the clock to provide a holistic lifestyle. Lahore Smart is made up of various districts and blocks, including the following:

Initially, the administration chose to open two residential sections with all modern amenities in the community. The development work then began in both of the previously launched Blocks, which were named:

Executive Block:

Executive Block is intended for Pakistani residents who desire to live the greatest smart life possible. This Block will include all current amenities and features. At the time, the Executive Block offers a variety of residential plots, including:

• 5 Marla
• 10 Marla
• 1 Kanal
• 4 Marla (commercial)
• 8 Marla (commercial)

Overseas Block:

Overseas Block is for overseas Pakistanis who wish to live the best smart life possible. This Block is created and prepared to suit all the needs of those who live overseas and wish to experience the same degree of pleasure in Pakistan. At the time, the Overseas Block offers a variety of residential plots, including:

• 5 Marla
• 10 Marla
• 1 Kanal
• 4 Marla (commercial)
• 8 Marla (commercial)

Overseas Prime Block

Overseas Prime Block has been launched by the LSC management. Overseas Prime Block would be formed by combining Sectors A and B. The balloting for this block is scheduled for December 22nd, 2022.

The Executive Block and Overseas Block of Lahore Smart City are then further divided into several districts, such as follows:

Lahore Smart City Districts:

Following are the districts and their specific facilities are mentioned:

Lahore Smart City Executive Block:

1. Residential Villas
2. Residential Plots
3. Hospitality
4. Healthcare
5. Education
6. Religious
7. Retail

Lahore Smart City Sports District:

1. Retail
2. Race track
3. Cricket stadium
4. Football stadium
5. Food & beverage
6. Residential apartments

Lahore Smart City Education District:

1. Schools
2. Colleges
3. Universities
4. Medical colleges
5. Daycare centers

Lahore Smart City Theme Park:

1. Retail
2. Bird Park
3. Holiday Resort
4. Food & beverages
5. Street food truck park

Lahore Smart City Silicon Valley:

1. Retail
2. IT campus
3. Warehouse
4. Corporate offices
5. Residential apartments
6. Technology operational offices

Lahore Smart City Mosques:

1. Grand Jamia Mosques
2. Sector Mosques

Lahore Smart City Healthcare Districts:

1. Clinics
2. Hospitals
3. Laboratories

Why Smart City?

In its true meaning, Lahore Smart City is smart by design. Every aspect of design, planning, development, and operation. The concept of the community was created smart since it would be Pakistan’s only truly smart city after Capital Smart City in Islamabad. The Lahore Smart City is the finest investment opportunity in Lahore because to its cutting-edge architecture, smart facilities, and affordability. The following are examples of smart facilities in society:

• Foolproof security with CCTV integrated with facial recognition
• Load shedding free smart and sustainable electricity system
• Command & control system
• Smart traffic management
• Automated traffic control
• Smart street lights
• Free wifi hotspot
• Smart parking
• Electric bikes
• Public parks

Pictorial Representation of Development in Progress:

Following is the Pictorial Representation of Development in Progress:

Lahore Smart City Latest News:

The Lahore Development Authority formally authorised the Lahore smart City in February 2021. LSC will be environmentally friendly and sustainable, in keeping with the goal of former Prime Minister Imran Khan. Muhammad Aslam Malik, COO, thanked the associates’ sellers and honourable members for their ongoing cooperation.

There is news on the current advancements in Lahore Smart City. On June 8, 2021, the LSC was awarded the UK Business Award 2021. The society received the prize for best developer of the year. The management also expressed gratitude to the UK-Pakistan Business Council.

Lahore Smart City Policies & Public Notices:

Several public notices were published by Lahore Smart City on different dates, such as follows:

Lahore Smart City Allotment Announcement:

Allotment announcement for residential and commercial plots in Lahore Smart City was conveyed:

• Sector A
• Sector B

Possession Allotment for Lahore Smart City:

Possession policy announced for sectors including:

• Sector A
• Sector B

Lahore Smart City Transfer Procedure:

For Regular Transfer, the procedure is:

• Apply and later on receive the “No Demand Certificate”
• The customers would have to bring transfer documents with duly paid SOD to the transfer officer to obtain a transfer appointment
• The transferring officer will provide a transfer appointment
• Seller and purchaser both would have to visit the transfer branch to conclude the transfer process
• The customer would have to appear with the CNIC on the required date for the collection of the transfer letter
• An urgent transfer is also possible after an urgent transfer fee payment

Further kinds of transfer procedures are mentioned on the Lahore Smart City website.

Lahore Smart City Possession Fee/Charges:

Following are the possession charges:

Lahore Smart City Payment Plan:

Lahore Smart City’s payment plans are cheap, with convenient instalment schedules. Plots for sale in Lahore Smart City are now available for reservation at reasonable prices. LSC’s administration has placed a specific emphasis on maintaining affordable costs. The following are the payment plans:

Lahore Smart City Commercial Plots Payment Plan:

Manual Booking:

For manual booking of the plots in Lahore Smart City, follow the procedure mentioned below:

• Get the print of the application form and fill it out thoroughly
• Or you can also become the Smart Member of the smart city and submit the booking form online via e-form
• Now deposit the down payment manually or automatically with the processing fee
• Or you can also transfer the payment through interbank transactions in several banks such as:

1. United Bank Limited
2. Askari Bank Limited

Smart E-Booking:

• Become a Smart Member of the Lahore Smart City and proceed with the online procedure
• Using Master Card or Visa Card, you can pay the down payment online
• Or you can also transfer the payment through interbank transactions in several banks such as:

1. United Bank Limited
2. Askari Bank Limited

Lahore Smart City Application Form:

You can download and submit the application form for Lahore Smart City from the official website.

But you would have to attach the following documents with the application form:

• Passport size photographs
• Copy of CNIC or passport
• Copy of NICOP
• Copy of payment receipt
• Screenshot of online payment slip

Lahore Smart City Membership Form:

Following is the membership form of Lahore Smart City:

Lahore Smart City Registration Form:

Following is the membership form of Lahore Smart City:

Lahore Smart City Allotment Certificate:

The allotment certificate of Lahore Smart City is as follows:

Lahore Smart City Transfer Process:

The transfer process of plots in Lahore Smart City is mentioned as follows:

Lahore Smart City Payment Modes:

To know the payment modes regarding the plots of Lahore Smart City from its official website.

Lahore Smart City Specimen Signature:

Following is the specimen signature regarding Lahore Smart City:

Lahore Smart City E-Tracking:

You can track online bookings from the official website of Lahore Smart City.

Facilities & Amenities:

The Lahore Smart City offers contemporary facilities and services at reasonable prices. The facilities are a component of any opulent contemporary multi-purpose project, which might be referred to as a full real estate project.

The following are the facilities available in Lahore Smart City:

•  Eco-Friendly:

The project will offer an environmentally sustainable, close-to-nature living with all modern conveniences. The intimate proximity to nature will deliver a one-of-a-kind experience not available anywhere else in Pakistan.

• Water Resources:

The project considered the residents’ water requirements. Water reservoirs will be built for this purpose to store a huge volume of water for residents to utilise for everyday tasks.

• Business & Commercial Hub:

All economic and commercial requirements have been met by the creators. As a result, the project will have an all-in-one commercial space. Residents can meet all of the project’s commercial requirements from these sites.

• Secure Project:

A sense of safety is necessary for a project. A security system with precisely installed 24/7 CCTV cameras and other surveillance gear provides all-inclusive security to the people. In addition, the project will be surrounded by a boundary wall with a foolproof system to provide a high safety level.

Lahore Smart City Salient Features:

Following are the salient features of the Lahore Smart City:

• Shops
• Affordability
• Accessibility
• 24/7 security
• Maintenance
• Water Resources
• Eco-community
• Beautiful Entrance
• Quality Development
• Water, Gas, Electricity
• Sewerage and waste disposal system
• World-class infrastructure development

Why Invest in Lahore Smart City?

There are several reasons why you should invest in Lahore Smart City. The Smart City is the finest investment opportunity in Lahore for any investor wishing to invest in a successful project. The following are some of the primary reasons to invest in Lahore Smart City:

• Eco-friendly
• Affordable
• Prime location
• Spacious properties
• Luxurious amenities
• Soon-to-be-approved
• Well-known developers
• International infrastructure development

Guidelines to follow while Purchasing/Sale of Plots:

Following are the guidelines to follow:

Document Verification:

Please ensure that all paperwork is thoroughly verified to avoid any confusion or misunderstanding. Before entering into any property acquisition or sale, ensure that the developers’ NOC and permission documents have been officially authorised by the authorities. As a result, your documentation will be valid in all ways that may provide client pleasure.

Financial Security:

Please confirm that your funds correspond with your buying strategy before finalising any property sale or purchase. In this manner, your buy or sell will go smoothly.

Property Visits:

Before any purchase and after surety of the documents’ validity, visit the site to ensure that the written documents are under the plot specifications.

Documentation Requirement for Booking:

We value our clients’ confidence and openness, thus we recommend inquiring about the most recent paperwork requirements for booking. Residential and commercial plots can also be reserved in other developments such as Blue World City, Kingdom Valley Islamabad, and Nova City Islamabad.

The following documents are required to buy property in Lahore Smart City:

• Two passport size Pictures
• NICOP for overseas clients
• Two copies of your National Identity Card
• Two copies of the I.D. card of your next Kin

Benefits of Real Estate Investment:

Among other things, real estate investing is one of the most profitable industries. This is due to its high investment return potential. The important thing to remember is that it will only be beneficial if done correctly. Investing in the real estate market may provide a variety of advantages. The following are some of the primary advantages:

1. Financial Security:

If a person has some spare money or an asset that he wants to retain the worth of, the real estate industry is the sector that can keep the value of investment high and not depreciate.

2. Stable Income:

Real estate investing may immediately create a consistent income. For example, one can buy a property, develop it, and then rent it out monthly or yearly. Not only that, but the rent grows by a certain amount every year, therefore it is not incorrect to state that it improves rather than remains unchanged.

3. Manageable:

Once an investment is completed, it is not like a live entity that must be cared for on a regular basis. The most you’ll have to do is check your property every now and then to make sure it doesn’t fall into the hands of encroachers.

4. Passive Income:

After purchasing a real estate property, passive income such as rent can be earned. Investors purchase a constructed property or develop open land and then rent it out, assuring a consistent stream of income throughout the year.

5. Non-depreciable Asset:

When done correctly, real estate investing is a type of company that will never lose its worth. Every year, the value of real estate rises. And if a large government or commercial project is initiated in the area, the value may skyrocket.

Booking Procedure for Lahore Smart City:

We constantly urge our valued clients to seek clarification from management on the most recent booking procedure. The booking process is as straightforward as possible.

All you have to do is follow the steps mentioned below:

• Fill out your booking application form with full attention
• Attach the CNIC Copies of the Applicant
• Pay Down Payment via Cheque or Pay order in favor of “Lahore Smart City,” but confirm the management process in case of new changes
• Cash Payments are also accepted after confirmation by the management
• Submit all the required documents, Payment, and Get the receipt

Pros & Cons:

Following are the Pros & Cons of the Lahore Smart City:

Pros	Cons
24/7 water	Perception of high prices
24/7 Electricity
24/7 Gas
Peaceful/ healthy/secure environment
Surveillance Systems, CCTV Cameras & guards
Very close to the central locations & other projects
Security system
Solid waste disposal mechanism

Frequently Asked Questions (FAQs):

Following are the FAQs about Lahore Smart City:

Conclusion:

Lahore Smart City is a premium commercial project that is being developed with one goal in mind: to give people with a world-class opulent lifestyle. This project’s key attractions are its luxurious facilities, affordability, and location. Contact us to learn more about Lahore Smart City plots for sale.

So, Sky Media Group highly recommends this as the golden opportunity for investment in Lahore Smart City. If you want to know more about other profitable real estate projects, please read about Al-Noor Orchard Lahore, Lahore Smart City, and Capital Smart City.