The real estate sector of Pakistan, especially Lahore is booming. The reason is that the current government has introduced myriad of real estate reforms bundled with hefty relief packages. Lahore is the 2nd largest city of Pakistan in terms of population as well as the land area. The real estate market of Lahore is one of the most vibrant when compared to other markets in the region and attracts investors and future homeowners from all over Pakistan. The Lahore’s real estate market is one of the fastest moving in the country therefore buying land in this city is a great advantage for all.
The Lahore Smart City is a new private housing scheme located in suburban Lahore. The Lahore Smart City is being developed by the renowned HRL group of Pakistan. The HRL group is one of the most reputed and experienced real estate conglomerates of the country. The group has developed and delivered many real estate projects throughout Pakistan. Apart from developing their own real estate projects, the HRL group has partnered with the biggest real estate brands of the country such as DHA and Bahria town to develop their projects as well.
The location of Lahore smart City is prime in suburban Lahore. The housing scheme is located on an area of 20000 Kanals on the main Lahore by-pass road adjacent to the N5-Lahore bypass intersection near Kala Shah Kaku. This makes the Lahore smart city one of the best locations in Lahore since it lies on the main Lahore bypass road and enjoys close proximity to the N5 GT Road, Lahore – Islamabad motorway and Lahore – Sialkot motorway. The Lahore Smart City location on the main Lahore bypass road will give the future residents of this housing scheme a great access to the Lahore International airport as well as other commercial and residential hubs of the city.
The Lahore Smart City is one of the safest investments that you can go for now. The Lahore Smart City NOC is under-process. According to the developers of Lahore smart city, the land purchase is 100% complete and all paperwork is in order. According to the Lahore Development Authority, the Land Regulator of the region, the land acquired by Lahore Smart City is currently being advertised on national media following which No Objection Certificate will be issued without any further delay.
The investors of Lahore smart city are already in profit. This is because the society soft launched a limited inventory and the prices have already been revised for 2 times. According to the management, the price revision has been done due to extensive demand of plots by investors. According to the real estate experts of the region, the Lahore smart city will prove to be one of the best investments for those real estate investors who take a decision now to invest. According to these experts, the quality of development at Lahore Smart City will be similar and at par with development done in Bahria Town and Lahore’s DHA.
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