The real estate sector in Pakistan is quickly becoming one of the key matrices of the country’s macro-economy. The current government has undertaken a series of reforms to regulate the real estate sector of the company and has also packaged these reforms with a relief package. According to the real estate experts of the country, the current surge of positivity in the real estate market is fueled by the relief package that has been awarded to the construction and real estate sector of the country. In this time of exponential growth and positivity in the real estate market of the country, there are myriad of new real estate projects being introduced in the market. The real estate market of Lahore – the 2nd mega city of Pakistan – is also thriving and the volume of overall real estate transactions in the city has surged. There are many housing societies that have been launched in Lahore by real estate developers. Smart City Lahore is one of them.
The Lahore Smart City is ultramodern and futuristic
housing society all set to be located in a posh suburban locality of Lahore.
The housing society is a project of Future development holding – a sister
concern and wholly-owned firm of Habib Rafiq Limited HRL. The developers of
Lahore Smart City – HRL – is a well-renowned name in the real estate sector of
the country. The HRL group has developed and delivered a myriad of real estate
projects and has developed them for some of the biggest names in Pakistan such
as the Defense Housing Authority and Bahria. Apart from this, HRL is a
preferred real estate developer and urban developer for the Government of Pakistan
and has undertaken some key projects such as the New Multan International
Airport. It is the developer repute that is acting as an investor magnet for
the Lahore Smart City.
The location of Lahore Smart City is of prime importance.
The housing society is located off the Kala shah kaku interchange on the main
Lahore By-pass road. The Lahore – Islamabad Motorway, GT Road and the Lahore –
Sialkot Motorway lies in close proximity to Lahore Smart City. Apart from this,
the upcoming new UET Lahore campus is also a 2 to 3-minute walk from the Lahore
Smart city. Also, the Lahore Smart City is conveniently connected to nearly all
urban centers of Lahore through the Lahore Ring Road and Lahore By-pass road.
The location of Lahore Smart City is one of the key factors that one should
consider before investing in this society. The housing societies in Thokar Niaz
Baig area of Lahore is now out of reach in terms of price for investors.
However, the northern side of Lahore, where the Lahore Smart City is located,
is still an investment hotbed. This is why many real estate investors in
Pakistan and abroad are considering investing in Lahore Smart city because of its prime location and affordable prices. Another factor that makes Lahore Smart
city the best for investment is its close proximity and possible inclusion in
the new Lahore RAVI riverfront mega project of the government.
The Lahore Smart city is all set to the 2nd smart
city of Pakistan. The first one is Capital Smart City Islamabad. The Capital
Smart City Islamabad is also being developed by the HRL group and the Lahore
Smart City is the 2nd installment of a chain of smart urban
settlements planned by the group. The Lahore Smart city, according to the
developers and planners of the society, will be developed as per the norms that
have been laid out for infrastructural development of smart cities across the
world. The real estate company responsible for the smart planning of the Smart City Lahore is a Singapore Based firm called Surbana Jurong.
According to the real estate expert of the region, the
Lahore Smart city can prove to be one of the best investments in Lahore. The
reason being its location, developer reputation as well as its development as a
smart city. The developers have floated a limited inventory of residential
plots in the market. The first phase of pre-launch Is already over with the
society scooping more than anticipated real estate investment. You can book a
plot in Lahore Smart City easily through Deal & Deals. The company – Deal
& Deals – is an authorized platinum-level sales partner and can provide you
with rates and inventory that is exclusive.
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