Lahore Smart City - An Exciting New Chapter in Lahore Real Estate Sector
With a number of novel features, Lahore Smart City is Asia’s 5th and Pakistan’s 2nd smart city project after Capital Smart City, Islamabad. It is put forward by Future Holding Developments (FDH) – a leading real estate developer and asset management company in Pakistan in collaboration with Habib Rafiq (Pvt) – a distinguished name in real estate sector of Pakistan and backed by the master planner Surbana Jurong – a renowned Asia-based urban, industrial and infrastructure consulting firm.
Planned to be an environment-friendly, and constructed on modern architectural and development lines, the project will be one of its own kinds of initiative in the metropolitan that is sure to appeal genuine buyers and pro investors alike for a strong Return on Investment (ROI).
Crafted to offer environment-friendly lifestyle, the mega development is based on splendid architecture, state-of-the-art town planning, futuristic designs and marvellous landscaping with abundance of open green spaces. With attention paid to every detail, Lahore Smart City will be a blend of aesthetics, design and architecture.
The project is planned on the outskirts of the city on Lahore Bypass near Kala Shah Kaku Interchange – making it accessible from the Lahore-Islamabad Motorway (M-2) and the Lahore-Sialkot Motorway (M-11) and the very famous GT Road. Another notable feature is that Lahore Smart City can be accessed from anywhere across Lahore through Lahore Ring Road, which is another attractive feature for the citizens of provincial capital.
Lahore Smart City – Master plan
Slated as a futuristic master plan residential project, Lahore Smart City is conceptualized around a comprehensive urban management model coupled with international standards of efficiency, inclusion of modern technology and provision of premium facilities to its potential residents. The development is majorly classified into two blocks: Executive Block and Overseas Block. And both of these blocks will feature residential plots and villas that are further classified into 5 Marla, 10 Marla and 20 Marla.
Each of these blocks will feature similar kind of amenities including hospitality, retail options, healthcare facilities, educational institutions, restaurants and cafes. Executive Block is dedicated to the local residents living in the country while as the name depicts, Overseas Block is for Pakistani nationals living abroad.
Distinguishing features of Lahore Smart City
Lahore Smart City is designed to offer modern lifestyle to the residents based on facilities and amenities that will surpass their expectations. The project is planned to fulfil all development features’ checklist in order to make it a true smart project in the country. At the same time, all the modern facilities and contemporary amenities will add more to the comfort and convenience of the residents.
Let’s have a look at the number of features that distinguish the project from any other luxury project in the city.
- 2 Residential Blocks: Executive and Overseas featuring plots, houses and apartments
- A Sports District comprising of football and cricket stadiums and jogging tracks
- A Financial Square comprising of banks, corporate offices, boutique hotels, cafes, restaurants, and exhibition halls
- A Healthcare District featuring hospitals, clinics and laboratories within the development
- An Education District comprising of schools, colleges, universities and day care centres
- Theme Parks, Open Green Spaces
- Holiday Resorts, Leisure and Entertainment spots
- A Grand Jamia Mosque and small sector mosques
- Grid Station for load shedding free community
- Automated Traffic Control
- Solar Parks
- Potable Water Treatment Plant
- Irrigation System
- Solid Waste Management System
- Security Control – 24/7 Surveillance through CCTV with Facial and Object Recognition
- Automated Utility Supply
- Automated Street Lights
- Electric Vehicle Charging Spots
- Free Public WiFi spots
- Automated Air Conditioning Control System
- Electric Bikes for Air Pollution Control
Currently, the residential plots are available in both blocks and can be booked with 10% of the total value of the plot. 10% of the total amount is next payable upon plot confirmation (after 60 days). The rest of the amount can be paid through easy instalments in 3.5 years.
According to details revealed so far, these payments do not include plot development charges, which will be discussed later. However, the developer has facilitated the interested buyers and announced 10% rebate on Lump Sum Payment and 5% rebate on 50% Payment.
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Lahore Smart City is a futuristic project that can be a lucrative investment opportunity for serious buyers as it promises strong Return on Investment (ROI). Therefore, experts at HomesPakistan suggest you to invest in it as soon as possible to make the most from your investment both in short and long term.
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