Lahore Smart City – NOC Status, Pre-Launch Prices, Entrance, and Fine on Late Installments

Lahore Smart City is a high-end housing society launched to be developed as the second largest smart city project in Pakistan. It is a joint venture by Habib Rafique Pvt. Ltd. and Future Development Holdings. Announced a few months ago, it is one of the most discussed and beautiful housing ventures ever in Lahore. Located ideally in the hub of modern housing societies, Lahore Smart City will introduce new standards of modern living. The different sizes of plots on pre-launch prices are available for sale in it. Lahore Smart City is an amazing real estate development that perfectly meets the property needs of every investor.

But despite many attractions, we daily receive many queries related to the NOC status of the society? About its entrance and fine on the late installments? So, that’s why today, in this latest blog, we are here with the details/answers to the most commonly asked questions about Lahore Smart City. Let’s find out more.

What is the Current NOC Status of Lahore Smart City?

The ad for the NOC of Lahore Smart City was published on 30^th December 2020. The 15 days’ time period for the NOC is complete. So, we can say that the NOC for the Lahore Smart City project will be awarded soon. No one can give you the exact date for the NOC. Such kinds of matters take time, but definitely, the NOC for society’s development will be provided soon.

Which are the Plots and Pre-Launch Prices in Lahore Smart City?

Lahore Smart City currently offers residential plots on the easy installment of 3.5 years. The booking of the plots is offered in Overseas Block and Executive Block of the society. Following are the details:

Executive Block (Residential)

 

5 Marla   Rs: 1,800,000/-

 

10 Marla Rs: 3,300,000/-

 

20 Marla Rs: 5,400,000/-

 

Overseas Block (Residential)

 

5 Marla.  Rs: 1,900,000/-

 

10 Marla Rs: 3,400,000/-

 

20 Marla Rs: 5,500,000/-

Booking of the plots starts with a 10% down payment and 10% confirmation. All the prices are exclusive of development charges.

Note: Only a few options are left. So, be quick to book your plot in Lahore Smart City in easy installments.

Where will be the Entrance of Lahore Smart City?

Many of the clients are querying that the main entrance of the Lahore Smart City will be given on G.T Road or Main Raiwind Road? According to the latest developments and map of the society, the project’s entrance is from Main Raiwind Road. One can easily enter/visit the project site by accessing it from Raiwind Road. However, he can exit from the other road. But currently, there is no official entrance on G.T Road from the society.

Is Lahore Smart City Charging any Fine on Late Installments?

Yes, society is charging the fine of 1.5% on the late installments. If you had booked your plot in Lahore Smart City but have not to pay the confirmation amount or not the installments, you will have to pay the 1.5% extra amount on it.

On the other hand, if you have already paid the amount and have not received the MS Letter, please do contact Universal Property Network  now for further information!