Lahore Smart City is Pakistan’s number two smart city, following Islamabad’s Capital Smart City. LSC is a smart city that provides high tech amenities and a high-end lifestyle venue to support Pakistan’s property industry’s long-term growth. After Pakistan’s first smart city, Lahore Smart City was designed and built. When it comes to reservations, Capital Smart City has had a resounding success. In order to make viable living accessible to a larger segment of Pakistan’s inhabitants, the project’s backers believe it is unique.
Location
In many cases, the worth of residential development is influenced by its location. Investing in a housing estate is often centred on the project’s vicinity to the city’s most important landmarks and thoroughfares. One of Pakistan’s best Property Residential developments, Lahore Smart City, is in one of the ideal areas. Just next to the Kala Shah Kaku interchange on the N-5, you’ll find Lahore Smart City. This position is in the heart of Lahore, with convenient access to both the highway and the city’s newly constructed Ring Road, which connects LSC to several key locations.
Owners
The management behind Lahore Smart City is the second most important selling reference of the venture. The Habib Rafique Group & Future Development Holdings Limited are the owners and developers of Lahore Smart City (FDHL). Both of these names are well-known in the property industry around the world. The Habib Rafique Group and FDHL have been involved in Pakistan’s most significant real estate projects. Investors have a lot of confidence in Lahore Smart City because of these well-known developers at the back end.
Budget Housing
As far as Pakistani projects go, Lahore Smart is among the best value for money. Additionally, LSC was one of the most cost-effective smart cities globally when it came to stabilizing features and prices. The Lahore Smart City project is still in its infancy. Because of this, LSC down payments are among the simplest in the industry. Because of its rapid advancement and high rate of return, this project may be the best decision at the time. If the project continues to progress, prices in Lahore Smart City may not be as low as they are now.
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Simple Payment Plans
The company of Lahore Smart City provides one of the most straightforward payment plans for housing plots of 5 marlas, ten marlas, and one Kanal. This is attributable to the fact that society is still in its infancy. Lahore Smart City’s pre-launch achievement necessitated a change in the society’s payment plan, making it even simpler for residents to pay.
Approval of the NOC
A Real Estate project’s ability to obtain an official letter of consent (NOC) is a key differentiator. The NOC authorization is frequently what distinguishes genuine housing developments from frauds. Before putting down a deposit, investors carefully examine the NOC approval for the project. Luckily, Lahore Smart City has surpassed the competition in this area as well. For the first time, the Lahore Development Authority has officially approved Lahore Smart City, in contrast to most of Islamabad’s housing and business real estate projects (LDA). As a result, Lahore Smart City is among the few real housing developments in Pakistan, not only in Lahore.
Investment Payback
When calculating investment returns, Lahore Smart City has a commanding position thanks to its rapid development and national investor trust in its developers. Pre-launch investor interest in the Lahore Smart City project was so high that all available units had been reserved before the official launch date. As a result of the project’s high investment rate, it has expanded beyond its original scope and provided investors with a high rate of return.
To Sum Up
Only a handful of housing initiatives in Pakistan can offer these kinds of amenities at such low prices. In fact, Lahore Smart City is Pakistan’s only other Smart City. As a result, the project has already seen tremendous success even before it is officially launched.
Author Bio
Muhammad Junaid is a senior Analyst and Search Engine Expert. Extensive experience being a lead writer in Sigma Properties. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.
