Lahore Smart City, launched in mid-2020, received an overwhelming response from the market from the very beginning. Being approved from Lahore Development Authority in Feb 2021, the society is being developed at a very rapid pace. Click here to view the latest development updates of Lahore Smart City. In this post, you can find all of the payment plans of Lahore Smart City.
As expected, such tremendous market response and enthusiasm of investors have caused prices to increase constantly! The prelaunch files are already selling at a handsome profit! Are you also wondering what is the current profit on residential and commercial plots of Lahore Smart City? This post is just for you!
Keep reading to find the latest market prices as well as old and new payment plans for comparison so that you can make the most informed decision about your hard-earned money!
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About Lahore Smart City
Lahore Smart City is a residential project, being developed by Habib Rafiq Pvt. Limited (HRL), near the Kala Shah Kaku Interchange. The society is well connected with the city through the Lahore Ring Road, being only 20 minutes away from the airport!
Currently, residential plots of various sizes are available on installments while commercial plots are recently launched!
Earlier, Lahore Smart City launched 4 & 8 marla Commercial Plots. And recently 2.66 & 6 mala commercial plots have been launched.
- 4 Marla
- 8 Marla
Download the payment plan of 2.66 & 6 marla commercial plots in Lahore Smart City:
You can book 2.66 & 6 marla commercial plots at 10% Down payment. 10% of plot price will be paid for confirmation within one month after booking. The rest of the amount will be paid through 3 years quarterly installments.
The market demand is extremely high for these plots. The plots are available for sale with 9 to 10 lacs profit.
Download the complete payment plan of Lahore Smart City Commercial Plots here:
The booking for 4 & 8 marla commercial plots is closed.
Currently, there are five different variants of residential plots available for booking in Lahore Smart City!
- 5 marla
- 7 marla
- 10 marla
- 12 marla
- 1 kanal
- 2 kanal – COMING SOON
All of the above mentioned sizes are available in both Overseas and Executive block.
The latest payment plan of all residential plots is available for download below:
Overseas & Executive Block
Both the Overseas block and Executive block offer modern amenities and upscale living standards but the former one is reserved for Overseas Pakistanis only.
To understand the rise in market prices, compare the Lahore Smart City payment plans below:
A considerable increase in prices of residential plots in Lahore Smart City has been seen over a short period of time. This is a clear indication that the prices will be further rising in the future which provides the investors with an opportunity to earn humungous profits.
Why are there different payment plans for the same size of plot?
August 2020: In the prelaunch phase, only 5 marla, 10 marla and 1 kanal were opened for booking in Lahore Smart City.
The initial prices were quite irresistible and invited huge attention from local and overseas investors towards the upcoming project, Lahore Smart City.
September 2020: Owing to the overwhelming demand, the society increased booking prices of the prelaunch plots.
February 2021: Lahore Smart City received the No-Objection Certificate (NOC) from Lahore Development Authority. The positive news further raised the demand and market profits of existing pre-launch files.
April 2021: booking for 7 marla and 12 marla residential plots started in Lahore Smart City.
May 2021: The booking prices of 7 & 12 marla plots increased by the society.
MARCH 2022: Booking of residential plots of 5, 7, 10, 12 marla, and 1 kanal plots are opened at the new rates. 2 kanal plots will be launched soon!
Quick Review of Lahore Smart City
As is evident from the old and new payment plans, the prices are increasing ever since the launch of Lahore Smart City. Therefore, for those homebuyers and investors who have been looking to invest in a lucrative housing project, Lahore Smart City provides the best window of opportunity for them.
To learn more about how market prices fluctuate to render massive profit on files, read our comprehensive article “Capital Smart City – All About Prices.”
Moreover, the quarterly installments offer an affordable and attractive payment plan of 3 years. After the project has acquired the NOC from LDA, all the misgivings regarding the project have vanished and this has encouraged the real estate market to invest without fear.
The development work on the site of Lahore Smart City has been going on rapidly since early 2021 and a lot of progress has been achieved. The development work is being done without any delay to make the society livable as soon as possible. Here is a summary:
- Roads are being leveled
- Asphalt laying has begun
- Horticulture work is being done
- Culvert work is being done
- Site office of Lahore Smart City is being constructed
- Site office of Habib Rafiq (HRL) being constructed
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