Lahore Smart City Old and New Bookings – Difference?
Lahore Smart City is a trending project these days. It’s the latest project and one of the biggest housing societies in Lahore. Lahore Smart City offers 5 Marla, 7 Marla, 10 Marla, 12 Marla, and 1 Kanal residential plots. Currently, this society has only two major blocks where all these residential plots are available at different prices. All these plots were launch at pre-launch prices. Later the payment plan was revised,, and prices increase. After few months of the second payment plan, the society has launched the third and existing payment plan of 2021.
So, basically, there are three payment plans for residential plots in Lahore Smart City. That’s why most clients get confused between these plans and usually ask for the difference. In this latest blog, we share all the payment plans of Lahore Smart City to explain and make things clear.
Lahore Smart City – Pre Launch Prices/ First Payment Plan
Executive Block Payment Plan
Mode of Payment | 5 Marla | 10 Marla | 1 Kanal |
Booking | 420,000 | 710,000 | 1,150,000 |
Confirmation | 420,000 | 710,000 | 1,150,000 |
Quarterly Installments (12) | 120,000 | 220,000 | 360,666 |
Total Cost | 1,800,000 | 3,300,000 | 5,400,000 |
Overseas Block Payment Plan
Mode of Payment | 5 Marla | 10 Marla | 1 Kanal |
Booking | 450,000 | 740,000 | 1,180,000 |
Confirmation | 450,000 | 740,000 | 1,180,000 |
Quarterly Installments (12) | 126,666 | 226,666 | 366,666 |
Total Cost | 1,900,000 | 3,400,000 | 5,500,000 |
Learn More: Lahore Smart City Pre – Launch Prices
Lahore Smart City Payment Plan After Launch
Plots Prices in Executive Block
Mode of Payment | 5 Marla | 10 Marla | 1 Kanal |
Booking | 216,000 | 396,000 | 648,000 |
Confirmation | 216,000 | 396,000 | 648,000 |
Quarterly Installments (14) | 144,000 | 264,000 | 432,000 |
Total Cost | 2,160,000 | 3,980,000 | 6,480,000 |
Plots Prices in Overseas Block
Mode of Payment | 5 Marla | 10 Marla | 1 Kanal |
Booking | 228,000 | 408,000 | 660,000 |
Confirmation | 228,000 | 408,000 | 660,000 |
Quarterly Installments (14) | 152,000 | 272,000 | 440,000 |
Total Cost | 2,280,000 | 4,080,000 | 6,600,000 |
Lahore Smart City Latest Payment Plan 2021
Lahore Smart City Executive Block Payment Plan 2021
Plot Size | Booking 10% | Confirmation 10% | Installments x 12 Quarterly | Total Price |
5 Marla | 237,500 | 237,500 | 158,150 | 2,375,000 |
10 Marla | 435,000 | 435,000 | 290,000 | 4,350,000 |
1 Kanal | 712,500 | 712,500 | 475,000 | 7,125,000 |
Lahore Smart City Overseas Block Payment Plan 2021
Plot Size | Booking 10% | Confirmation 10% | Installments x 12 Quarterly | Total Price |
5 Marla | 250,000 | 250,000 | 166,300 | 2,500,000 |
10 Marla | 448,000 | 448,000 | 298,300 | 4,480,000 |
1 Kanal | 726,000 | 726,000 | 484,000 | 7,260,000 |
Lahore Smart City 7 and 12 Marla Plots in Executive Block
Plot Size | Total Prices | Down Payment | Quarterly Installments (15) |
7 Marla | 2,800,000 | 544,000 | 161,150 |
12 Marla | 4,380,000 | 876,000 | 250,300 |
Lahore Smart City 7 and 12 Marla Plots in Overseas Block
Plot Size | Total Prices | Down Payment | Quarterly Installments (15) |
7 Marla | 2,975,000 | 595,000 | 170,000 |
12 Marla | 4,500,000 | 900,000 | 257,150 |
Difference Between Old and New Bookings
The only difference between the old and new bookings of Lahore Smart City is the prices. The prices of the plots were around 18 – 19 lacs in the pre-launch phase. However, after launch, the same plots were available in 21 – 22 lacs. But the latest prices of 5 Marla plots in the existing payment plan are 23.50 – 25 lacs.
Learn More: Complete Details of Lahore Smart City
So, those who had invested in Lahore Smart City in pre-launch payment plans have saved a lot. Both the payment plans of the pre-launch phase and the first payment plan after launch are ongoing. However, the new bookings are only open at the existing and latest payment plans.
While summing up all these details, it is important to add that the latest price plots in Lahore Smart City are still reasonable. These prices will surely increase with the progress in the development. Soon, commercial plots are launching that will also impact positively on the prices of residential plots.
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