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Last Date to Avoid Cancellation of Files in Lahore Smart City

Last Date to Avoid Cancellation of Files in Lahore Smart City

Lahore Smart City Members suffer cancellation of files when they do not pay their installments regularly. If you haven’t paid yours too, read on to avoid cancellation of your plot or restore your cancelled plot in Lahore Smart City.

Lahore Smart City, the second smart residential society in Pakistan, has gained immense popularity among the public and investors.

The society has launched residential and commercial plots of various sizes in its Overseas Prime Block.

project details: Lahore Smart City

Moreover, the development work is also in full swing. Ready-to-move-in Smart Villas, roads, streets, parks, and, other facilities are being developed at a faster pace.

learn more: LAHORE SMART CITY DEVELOPMENT UPDATE

How to Avoid Cancellation in Lahore Smart City?

A member must keep paying their installments on the due date without any unnecessary delay, in order to avoid the cancellation. The members who have plots in Overseas West, Overseas Central, Executive West & Executive Central are required to pay up to 45% installments on merging their plots to avoid cancellation.

However, due to the rising inflation and political instability within the country, the society has been giving relaxation to the members for submitting the dues. The society has now announced if the members fail to submit their payment before Last Date, their files will be cancelled.

Deadline for Submitting Payment

The members who have plots in Overseas West, Overseas Central, Executive West & Executive Central are required up to 45% installments, to avoid cancellation of their plots. If a member fails to submit the required amount within the deadline, his or her plot will be cancelled.

See details in the following table:

Plot TypeAmount Required to Pay
Commercial Plot30% to 35%
Residential Plot40% to 45%

Note: All categories of files can be merged for payment of installments. No paid commissions would be deducted on files merged till 30th June 2024. Commercial files can be merged in commercial &  residential files likewise residential files can be merged in residential & commercial files.

related: Discount on Installments in Lahore Smart City

Should I invest in Lahore Smart City?

Lahore Smart City is an excellent investment option which has tremendous potential for large returns. With its uninterrupted development, credible developer, and quick possession, the project is a safe investment.

To decide whether you should invest in Lahore Smart City, see how the prices raised to render good return to investors, Lahore Smart City – Payment Plan And Latest Market Prices.

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