Lahore Smart City is a fusion of sustainability and modern living. The City has won the hearts of investors due to its modern infrastructure, exclusive amenities, and strategic location. Furthermore, the Lahore Smart City payment plan, due to its flexibility, has piqued the interest of homebuyers and small investors too.
In this blog, we will give you comprehensive insights into the Lahore Smart City Payment Plan. So, if you are planning to invest in this prime project, stay tuned with us till the end.
What is Lahore Smart City?
As the name indicates, it is a smart city and, a joint venture of Habib Rafiq (Pvt) Ltd and Future Development Holdings. The city is near the Lahore Bypass, M-2 motorway, and GT road.
The developers have successfully met the smart city criteria by including advanced technological features, a sustainable eco-friendly environment, modern amenities, and excellent infrastructure.
The Concept of Smart City
Before exploring the Lahore Smart City payment plan, it’s important to understand the concept of a “smart city.” A smart city uses information and communication technology (ICT) to upgrade the quality of urban services, reduce resource consumption, and engage more effectively with its residents. This results in better management of a city’s assets, improved efficiency of services, and a higher quality of life for residents.
Why Invest in Lahore Smart City?
Here is what makes Lahore Smart City a perfect investment opportunity:
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Strategic Location
The prime location of Capital Smart City makes it an ideal location for investors. Such investments give good ROI (return on investment) and are perfect for both commercial and residential purposes. The seamless connectivity and proximity to major highways make it a perfect residential spot.
2. Advanced Infrastructure
The project features advanced infrastructure including waste disposal management, a smart traffic system, and robust security measures.
3. Eco-Friendly Environment
Capital Smart City features a healthy living environment including sustainable practices, green spaces, and renewable energy resources.
4. Modern Amenities
Residents will have access to modern amenities including recreational areas, parks, shopping malls, health care centres, and educational areas.
Lahore Smart City Payment Plan: An Overview
The payment plan of Lahore Smart City is investor-friendly, making the property affordable to the middle class. The payment plan targets different budgetary requirements, hence potential buyers can get their desired property in manageable instalments.
Types of Properties available in Lahore Smart City
Residential Plots: Available in different sizes including 5 marlas, 10 marlas and 1 kanal
Commercial Plots: Available in various sizes
Villas: Available in different sizes
Booking and Down Payment
A downpayment is necessary to book the property in Capital Smart City. Depending on your finances, the downpayment could be 10% or 20% (of the whole property payment). Moreover, a downpayment is mandatory to start the ownership process.
Installment Plans
After the downpayment, the rest amount can be paid in flexible instalments. Further, these plans are spread over 3.5-4 years enabling the buyers to manage their finances feasibly.
Comprehensive Breakdown of the Payment Plan
Moving ahead, here is a comprehensive breakdown of the Lahore Smart City Payment Plan:
Residential Plots
- 5 Marla Plot:
- Total Price: PKR 2,275,000
- Booking: 10% of the total price
- Confirmation: 10% of the total price (after 60 days)
- Quarterly Installments: The remaining amount is divided into 14 quarterly instalments.
- 10 Marla Plot:
- Total Price: PKR 4,125,000
- Booking: 10% of the total price
- Confirmation: 10% of the total price (after 60 days)
- Quarterly Installments: The remaining amount is divided into 14 quarterly instalments.
- 1 Kanal Plot:
- Total Price: PKR 7,125,000
- Booking: 10% of the total price
- Confirmation: 10% of the total price (after 60 days)
- Quarterly Installments: The remaining amount is divided into 14 quarterly instalments.
Commercial Plots
- 4 Marla Plot:
- Total Price: PKR 8,975,000
- Booking: 10% of the total price
- Confirmation: 10% of the total price (after 60 days)
- Quarterly Installments: The remaining amount is divided into 14 quarterly instalments.
- 8 Marla Plot:
- Total Price: PKR 17,450,000
- Booking: 10% of the total price
- Confirmation: 10% of the total price (after 60 days)
- Quarterly Installments: The remaining amount is divided into 14 quarterly instalments.
Villas
- 5 Marla Villa:
- Total Price: PKR 6,000,000
- Booking: 10% of the total price
- Confirmation: 10% of the total price (after 60 days)
- Quarterly Installments: The remaining amount is divided into 14 quarterly instalments.
- 10 Marla Villa:
- Total Price: PKR 11,000,000
- Booking: 10% of the total price
- Confirmation: 10% of the total price (after 60 days)
- Quarterly Installments: The remaining amount is divided into 14 quarterly instalments.
