- June 19, 2023
- Posted by: Masters
- Category: Blog
Table of Contents
What is Residential Zone
The hype of Lahore Smart City is not going to die any time soon and there are multiple reasons behind it. Firstly the housing project is one of a kind. Such a project does not exist in the Punjab Province. In other words, this is the very first smart city in Lahore and even Punjab.
Now here we will go a bit out of context and tell you that the first smart city of Pakistan is in Islamabad with the name Capital Smart City. This project is also a huge success.
Coming back to Lahore Smart City, this project is huge. It is spread over 20,000 Kanal. If we talk about the location of the smart city of Lahore, it is supreme. The housing project is at Kala Shah Kaku, quite close to Bypass Lahore. There are many other good things about this project too, such as the project being of known developers, quite accessible, well-designed master plan, and so on.
You will learn about all in detail including the residential zone of Lahore Smart City. So, read our blog till the end, as we will provide the information to you that you won’t like to miss.
Lahore Smart City’s Residential Zone
Before getting into the other details, we would like to present you with the details you are looking for, and that are the details about the residential zone.
Well, allow us to tell you that from the management of LSC, only 2 blocks have been announced yet. The blocks are:
- Executive Block
- Overseas Block
Within these two blocks residential plots of multiple sizes are available. However, we’d like to mention one thing. Recently, on 10th June 2023, the management of Lahore Smart City announced the new block with the name Harmony Park where 3.5 Marla residential plots were launched.
Before that the residential plots available for investment in LSC were:
- 5 Marla
- 7 Marla
- 10 Marla
- 12 Marla
- 1 Kanal
If we talk about the rates of residential plots available in the Executive Block. The details are:
5 Marla
Total Price: PKR 2,685,000
Down Payment: PKR 268,500
7 Marla
Total Price: PKR 3,490,000
Down Payment: PKR 349,000
10 Marla
Total Price: PKR 4,945,000
Down Payment: PKR 494,500
12 Marla
Total Price: PKR 5,425,000
Down Payment: PKR 542,500
1 Kanal
Total Price: PKR 8,050,000
Down Payment: PKR 805,000
Moving on to the rates of residential plots available in the Overseas Block. The details are:
5 Marla
Total Price: PKR 2,845,000
Down Payment: PKR 284,500
7 Marla
Total Price: PKR 3,700,000
Down Payment: PKR 370,000
10 Marla
Total Price: PKR 5,325,000
Down Payment: PKR 532,500
12 Marla
Total Price: PKR 5,750,000
Down Payment: PKR 575,000
1 Kanal
Total Price: PKR 8,490,000
Down Payment: PKR 849,000
The rate of 3.5 Marla residential plots in Harmony Park of Lahore Smart City are:
3.5 Marla
Total Price: PKR 1,850,000
Down Payment: PKR 370,000
Benefits of Investing in Residential Zone of Lahore Smart City
Before investing in any residential housing project, everyone wants to know whether investing in the project is beneficial or not. Similar is the case with the Lahore Smart City, even though it is a known project owned by HRL and FDHL.
So, we have gathered the points for you that will clear the picture for you!
- Affordability: The top benefit of investing in a smart real estate project is that it is very much affordable. Mainly, if we talk about the 3.5 Marla plot of Harmony Park, its total price is only PKR 1,850,000. Moreover, when we talk about its monthly installment, it is only around PKR 33,000. So, even if you are an Overseas Pakistani living in UAE, Saudi Arabia, The UK, The USA, or Canada, this little installment amount is nothing but equal to filling the fuel tank of your car.
- Renowned Developers: The developers of this project are also known. As mentioned above it is a project of Habib Rafiq Private Limited and FDHL. Both are masters in their respective fields. Another known name is linked with this project called Surbana Jurong. It is a Singaporean company that played its role in designing the master plan of this magnificent project.
- Prime Location: Another point that makes this project most attractive is its location. It is prime and accessible from multiple points. As per management in the future, the location of Lahore Smart City will play a key role in increasing the plot rates. A point that every investor wants to hear.
Conclusion!
So, if you are planning to invest in the residential zone of Lahore Smart City, you are going in the right direction for sure. If you need any help in regards feel free to contact The Masters Real Estate & Builders. We are a known company owned by Mr. Usman Fida. Our company is also a strategic partner with Lahore Smart City and Capital Smart City.
So, if you have any questions related to these housing schemes or any other project such as Royal Orchard Multan, Royal Orchard Sargodha, and so on, our team is available for your assistance!
