Lahore: The Future Development Holding Group (FDHG) – after enjoying tremendous success with their Capital Smart City Project in Islamabad – is preparing to launch ‘Lahore Smart City’ in the metropolis, according to real estate sources.
As per the available information, FDHG has reportedly acquired some 20,000 kanals of compact land alongside the Lahore Bypass – where the project is expected to be launched in the coming weeks. The no objection certificate (NOC) of the project is being processed by the Lahore Development Authority (LDA) and is likely to be issued within the next 30 days.
Reportedly, the exact location of the Lahore Smart City is pinned on the Google Maps. The location of the project makes it accessible through Grand Trunk (GT) Road and Lahore-Sialkot Motorway. Moreover, via the Lahore Ring Road, the project will be connected to the entirety of the city. The project is to feature both overseas block and executive block – akin to its Islamabad Chapter.
Following are the pre-launch prices and payment schedule of plots, according to the source:
Initially, the bookings are being offered on 10% down payment, and 10% confirmation charges are to be paid after 60 days. The remaining plot price will be payable in 3.5 years in 14 quarterly instalments. However, these rates are exclusive of development charges.
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
