LAHORE SMART CITY

Introduction

Lahore Smart City is going to become a benchmark for the contemporary residential project. It is 2nd Smart City of Pakistan. Meanwhile, Lahore Smart City will be 22nd smart city of the world. Keeping in view the growing demand of residential projects in Lahore, FDHL and HRL decides to offer luxury and mega Smart City in Lahore. With successful ongoing project Capital Smart City Islamabad, Lahore Smart City will surely presents you with all those amenities that make it a contemporary venture.

Smart City Lahore’s construction is mainly on a single Urban-management system for the whole city. It’s design is going to provide the highest level of efficiency, control, and involvement. As a result, it is attempting to acquire the most up-to-date ICT infrastructure possible, which will lead to improve the efficiency and services. While this massive housing project’s primary objective is to improve the quality of life in the area, it will also help the economy.

Why to Invest in Lahore Smart City?

Lahore Smart City is a terrific mix of commercial as well as residential properties. In Lahore, Future Development Holdings (FDH) has line up a new but still affordable, housing community. On the other hand, Lahore Smart City is a society provision together with the state-of-the-art amenities. These facilities are a dream come true for the residentials of Lahore; peace, security, and environmentally beneficial practices all go hand in hand. Moreover, they work with the best developers, architects, as well as planners around the globe.

The developed golf clubs and grounds by world-known and professionals are accessible in Lahore Smart City. To Lahore Smart City, with 18-lane boulevards, safety and efficiency are eminent to new heights. It does not matter what time of day you visit, since the whole area is beautifully gather along with plants and well-lit. Lahore is one of the country’s most popular and picturesque destinations. It is the center of Pakistan, with several attractions, including high-end living and high-class lifestyles. Surbana Jurong (Pvt.) Ltd. has launched the Lahore Smart City to enhance the quality of life in Lahore by providing a luxurious as well as massive Smart City in Lahore.

Owner & Developers

Lahore Smart City is a project of consortium between Future Developments Holdings (Pvt.) Limited & Habib Rafiq (Pvt) Limited. Both of these are masters in their field. HRL is known as Real Estate developer giant in Pakistan. Notorious projects mainly Bahria Town, DHA, Motorway and several others are developed by HRL.

Moreover, Capital Smart City that is 1st smart city of Pakistan is the mega project developing under supervision of both these firms.

About Future Developments Holdings (Pvt.) Ltd

Future Developments Holdings Pvt. Ltd. is also known as FDHL. It’s a partner consortium register under the Companies Ordinance 1984. In other words, several national & international firms have joined hands for emergence of the new world’s leading organization. It’s Real Estate Developer & Asset Management Company operating in Pakistan.

In addition, FDHL believes in creating blend communities. These communities therefore, will lead to international standards of sustainability with powerful economic & professional commitment.

Furthermore, these communities can be built by strategic investments, innovative urban planning & also life cycle asset management. FDHL is planning to launch another smart city in Lahore as well. Moreover, it’ll be the identical technology driven infrastructure as brought in Islamabad.

About Habib Rafiqe (Pvt.) Ltd

For the last 10 years, HRL known as a trend setter in the arena of housing & infrastructure. HRL has acquired a top position in the ever expanding real estate development of Pakistan. Meanwhile, HRL presented valuable engineering involvement first time ever when it comes to the development of housing and infrastructure.

Today, HRL stands tall and apart from others because of its hard-earned reputation and trust. Moreover, it has high value of Human Resources and electro-mechanical assets that give distinct edge to HRL over its competitors in the market.

Habib Rafiq Pvt. Ltd. has a rich 60 years heritage in industrial and infrastructure landscape. Its a biggest Infrastructure developer in Pakistan. Also, one of the leading construction company of Pakistan. HRL are known as developers of various finest development projects in Pakistan.

Designer & Development Partner

This Smart City is an iconic project of Lahore city. Along with that, making full use of contemporary technology, it is also the smart city. In order to maximize the efficiency and efficacy of the project, a Singaporean firm, Surbana Jurong, will serve as a Master Planner of Smart City.

Surbana Jurong (Pvt.) Ltd

Surbana Jurong (SJ) is Master Planner for the The Smart City. Its one of Asia’s leading urban, industrial and infrastructure consultancy firm. SJ is Singaporean government-owned consultancy company. Moreover, it was established in June 2015. After the merger of Surbana International Consultants and Jurong International Holdings, it came into being.

Furthermore, SJ, by added value with technology and creativity, is offering one-stop consultancy solutions in the arena of urban, industrial and infrastructure. Its the largest Asia-based firms with over 50 years of glorious history in delivering successful project. Moreover, SJ has Human resource of approx. 14,500 employees working in more than 130 offices across the globe.

For project Master Plan, it incorporates a holistic range of facilities to offer lucrative business opportunities. In addition, living and recreational choices in the emerging Islamabad region with growing economic opportunities is also keenly intense.

Surbana Jurong

Smart Features of Lahore Smart City

LSc-features

Master Plan of Lahore Smart City

This Smart project is deliberately keeping in view the Township Model Approach. Moreover, Surbana Jurong has successfully transfer the Europe development idea in planning this mega project. It provides a wide range of housing choice that depends upon the density.

Districts

Initially, the management has launched 2 districts that are merely reserve for residential purpose. However, other districts will be disclose when the development work underway on them. As per August 7, 2020, two declare districts are given below

  • Executive Block
  • Overseas Block

Executive Block

Executive Block is kept for Pakistani residents who wish to live a smart life. This block will be do up with all the contemporary amenities that makes life convenient. Presently, plots are available in following category

  • 5 Marla
  • 10 Marla
  • 20 Marla

Overseas Block

Overseas Block is keen to overseas individuals. its most safe and significant investment opportunity of investment for overseas Pakistanis. It especially designed to meet the living standards of overseas Pakistanis. Presently, plots are offering in following category

  • 5 Marla
  • 10 Marla
  • 20 Marla

Facilities & Amenities

The residents of the Smart City are going to experience a modern way of living. One of the main reasons is the provision of ultimate facilities and amenities in LSC. Moreover, by utilizing the bleeding-edge technology, it ensures the provision of all smart facilities in this 2nd smart city of Pakistan.

Furthermore, the following are the main features of  LSC that make it matchless.

Facilities & amenities

Location of Lahore Smart City

As per latest updates, location of LSC announced on Lahore Bypass. It got immediate access to Grand Trunk Road. Moreover, it will get a link to Lahore-Sialkot Motorway as well. LSC Location is unique in a way that it will have immediate access to Lahore Ring Road. Thus, ultimately it is fasten to whole Lahore city via this route.

lsc-location-RBS

NOC and Planning Permission

LSC is an approved housing society and has NOC from Lahore Development Authority.

Total Land

Total land of LSC is 20,000 Kanal.

Why Lahore Smart City is Smart City?

LSC is mainly build on an exclusive Urban-management. Determined to ensure optimum efficiency and control, it also ensures the active participation. In addition, its striving to get advanced Information and Communication Technology infrastructure that will lead to optimized efficiency & services.

Furthermore, the main aim of this mega housing scheme is to uplift the living standards while boosting economic growth in the region. Its a Grade-8 development along with self-sustaining Eco-Friendly approach.

Ideal Elements

Moreover, LCS central idea revolves around the following 3 elements

  • Smart Housing
  • Smart Economy
  • Smart Environment

Details of the elements are here:

ideal elements

Smart Housing

SCL strives to provide quality and up standard living experience. Furthermore, with state of the art infrastructure, it delivers a wide range of services for every person.

Smart Economy

Further, once being operational, this project will expected to be one of the main hubs of economic activities in the region. Presently, it’s theorize as mega commercial center in the area.

Smart Environment

The site is enrich in terms of Natural Scenic Beauty and Topography. 30% of total area reserved for natural assets. Moreover, developers also upsurge their efforts in order to avoid the risk of damaging natural scenery.

Price Plan

Lahore Smart City payment plan varies according to plot categories.

Currently, 3.5 year quarterly installment plan offered in LSC Price Plan. 10% Rebate on lump sum amount while 5% Rebate on 50% payment. Rs. 20,000 will be necessary to pay at the time of booking as a Membership fee.

The pre-launch payment plan of LSC is given below

OVERSEAS Block

LSC-Overseas

EXECUTIVE Block

LSC-Executive

The site is intensify in terms of Natural Scenic Beauty and Topography. 30% of total area reserved for natural assets. Moreover, developers also maximized their efforts in order to avoid the risk of damaging natural scenery.

FAQ's

What is a smart city and how is it different from other cities?

A smart city is one that is completely based on artificial intelligence. The City is also a smart city that is based on the Internet of Things (IoT). All the things in this project will be handled through the internet. It is an innovative project that is launched for the first time in Punjab. There is no similar project in Punjab. A project in Islamabad, named Capital Smart City is launched by the same developers. So, Capital Smart City is the first project launched in Pakistan, and LSC is the second one.

Is this City a legal society?

Yes, it is a completely legal society. Its NOC or No Objection Certificate is approved by Lahore Development Authority i.e. LDA.

When the owners will start working on this project?

The authorities of the Smart City have started working on City Development. There is roof work going on of many buildings. The carpeted B1 road is also completed.

When the management will grant possession of the plots?

A great number of people are booking their slots in the City on daily basis. After getting the required number and when people will complete their documents then hopefully then they will start giving possessions through balloting.

Whether this project is suitable for short-term investments or long-term investments?

One can definitely go for a long-term investment when it comes to real estate. Any piece of land makes it worth the passage of time. As far as This Smart City project is concerned, it is completely based on the internet. As its name represents it will be smart with unique features. So, it is definitely a long-term investment because the world is moving toward Artificial Intelligence. With this perspective, it will surely give an advantage in the long run.

Conclusions

In Conclusion, Lahore Smart City provides investors with the opportunity to invest in the 2nd smart city of Pakistan. Everything about Lahore Smart City is executive and unique. Additionally, it is providing people with the opportunity to invest in an eco-friendly and sustainable society. Smart City is a new concept which is one of the reasons for investor’s attraction to invest.

Finally, the facilities and state of the art technology which is used in Lahore Smart City makes it more unique than any other society of Pakistan. It has a Contemporary infrastructure with multiple landmarks nearby.

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