Lahore: Future Development Holdings (Pvt) Ltd. (FDHL) is all set to officially launch Capital Smart City, according to Zameen.com’s credible sources. A ceremony in this regard will be held in Islamabad over the coming weekend.
Capital Smart City is a project of FDHL, which is being developed in association with Habib Rafique & Surbana Jurong. Surbana Jurong is a Singapore based firm best known for designing smart cities; it is currently working on the project’s master plan.
Read: Read: Mövenpick Hotels & Resorts to build hotel, apartments in Capital Smart City
The esteemed Capital Smart City occupies a prime location on the Lahore-Islamabad Motorway, near Thalian Interchange. The society features villas, and residential and commercial plots in various sizes.
According to Capital Smart City Sales and Marketing Deputy General Manager Mujeeb Ahmed Khan, the launch ceremony is an exclusive event for which the invites have already been sent out. At this event, the developer will reveal the new, 36-month long payment plan for commercial and residential plots and villas.
Read: All You Need to Know Before Investing in Capital Smart City Islamabad
Zameen.com has got its hands on the new payment plan. Here, we are only sharing the new rates for properties in Capital Smart City, which will be applicable immediately after the launch.
Property type | Size | Total Price in PKR |
Residential plot | 5-Marla | 2,415,000 |
7-Marla | 3,151,000 | |
10-Marla | 4,140,000 | |
12-Marla | 4,577,000 | |
1-Kanal | 6,210,000 | |
2-Kanal | 12,190,000 | |
Commercial Plots | 4-Marla | 10,530,000 |
6-Marla | 14,040,000 | |
8-Marla | 17,550,000 | |
Villas | 5-Marla (3-Bed) | 8,250,000 |
7-Marla (4-Bed) | 11,000,000 | |
10-Marla (4-Bed) | 14,000,000 | |
12-Marla (5-Bed) | 16,850,000 | |
1-Kanal (5-Bed) | 24,500,000 | |
2-Kanal (6-Bed) | 39,400,000 |
Our sources in the real estate market report a high demand for these plots. The reason behind this sudden rise in demand is because the ballot to allocate plot numbers to property files in Overseas Block and Executive Block, is to take place in November.
For more updates on the upcoming official-launch ceremony, stay tuned to Zameen News.