- April 14, 2023
- Posted by: Huma Ishfaq
- Category: Blogs
In the center of Lahore, there is a wonderful residential project called Lahore Smart City. Habib Rafique Pvt. Ltd. and Future Development Holdings Ltd (FDHL) presented the idea of this project which is two famous real estate developers. Let’s discuss how Lahore Smart City is the ideal investment destination.
Lahore Smart City is Pakistan’s second smart city after its first, the Capital Smart City in Islamabad. Moreover, LSC, a smart city, offers cutting-edge amenities and a premier lifestyle location to assist the long-term development of the Pakistani real estate market. After the first smart city in Pakistan, Lahore Smart City was planned and built. Capital Smart City has had great success in terms of bookings. Further, the project’s developers believe it is unique, and they inspire to support more Pakistanis in leading sustainable lives.
Read more about Lahore Smart City
Why Lahore Smart City is the ideal investment destination?
Without a doubt, one of Pakistan’s most exciting investment possibilities at the moment is Lahore Smart City. Due to its great location, intriguing features, and simple payment choices, LSC has gained a lot of popularity among Pakistan’s elite investors. There are multiple factors that make Lahore Smart City the ideal investment destination.
A housing project’s value is based on where it is located. Most typically, investors determine whether or not to invest in a housing project based on its proximity to all of the city’s major districts and roads. Fortunately, Lahore Smart City has one of the most attractive Pakistani Real Estate Housing project sites.
Lahore Smart City and the N-5 national highway are both adjacent to the Kala Shah Kaku motorway junction. This location, which is in the center of Lahore, provides access to both the motorway and the recently constructed Ring Road, which encircles the city and links LSC to various significant places.
Expert & Famous Developers
The second most appealing aspect of the project is the team behind Lahore Smart City. Lahore Smart City is owned and constructed by The Habib Rafique Group and Future Development Holdings Limited (FDHL), as previously stated. These two companies are popular brands in the global real estate market.
Additionally, some of Pakistan’s most well-known real estate projects, such as Bahria Town and DHA, are developed by the FDHL and Habib Rafique organizations. One of the biggest developers for both Capital Smart City and Lahore Smart City is Surbana Jurong, a Singapore-based company.
These well-known developers in the LSC backend make it very easy for investors to keep faith in the project. The real estate sector is regularly plague by scammers that try to take advantage of naive investors. But unlike any other real estate project in Pakistan, Lahore Smart City has investor confidence due to the support of such reputable and skilled developers. Nova City Islamabad is also a project of expert developers.
One of the most crucial elements of a real estate project is the NOC’s issuance. Actually, the NOC certification is what sets legitimate house developments apart from fraudulent projects. One of the most important factors for an investor before making a down payment is to take NOC approval. Fortunately, Lahore Smart City has succeeded better than similar housing initiatives in this regard.
The LDA has granted NOC approval to LSC, which is uncommon for residential and commercial real estate projects in Islamabad. As a result, not just in Lahore but throughout Pakistan, LSC is one of the few genuine housing projects.
High Yield Investment Returns
Any time a businessperson decides to invest money in something, they are seeking investment returns. How soon your initial investment money converts into a reasonable return? It is another factor in deciding whether a society is worth investing in.
Fortunately, Lahore Smart City has a strong position in terms of measuring investment returns due to its steady and quick expansion and widespread investor confidence because of the reputation of its developers. During the pre-launch phase, Lahore Smart City attracts a lot of investors, to the extent that all reservations made prior to the launch. Due to this high investment rate, the project has been able to surpass its limitations. Also, provide investors with a high rate of return on their investment.
To know more about such profitable housing projects stay tuned to RBS Real Estate and Builders.