Lahore Smart City Possession 2024 – Which Blocks will Get Possession First?
Lahore Smart City possession for new blocks is announced! Are you also waiting for this? Or do you want to know which blocks of Lahore Smart City will get possession first? Then be ready as we have some great updates for you. Lahore Smart City, the prestigious housing venture, offers the best value for living. It’s the 2nd Smart City of Pakistan, presenting incredible living and investment opportunities. Spanning a vast area, it features a thoughtfully planned masterplan, ensuring modern amenities and a sustainable lifestyle in Lahore.
This landmark project is designed to provide a blend of luxury and convenience, with state-of-the-art infrastructure and smart city technologies. Each block in Lahore Smart City is meticulously planned to cater to the diverse needs of its residents, from lush green parks and recreational areas to commercial hubs and educational institutions. The new Lahore Smart City possession announcement marks a significant milestone, inviting future homeowners to become a part of this innovative and thriving community.
Lahore Smart City Possession Updates 2024
Lahore Smart City possession for the new sectors will be handed over within 6 – 7 months. Few of these sectors will have possession by the next 9 – 12 months. Some are planned to be developed and handed over by the next 1.5 years and so on.
Where to Buy if You Desire Quick Lahore Smart City Possession and Facilities?
If you are looking to buy a plot in a block with immediate possession and comprehensive living amenities, invest in the Overseas Prime Block in Lahore Smart City. This block is perfectly developed and equipped with essential utilities such as electricity and water supply, as well as top-notch facilities including schools, parks, and commercial areas. The Overseas Prime Block offers everything required for modern living standards and convenience. It is an ideal choice for those who desire a hassle-free and luxurious lifestyle.
Which Block Will Have Earliest Possession?
Lahore Smart City possession updates indicate that the Overseas West Block will be the first to be developed and delivered. This block, featuring 80 – 90% development, comprises Sector A and Sector B, offering some of the best 5 Marla residential plots. The initial booking prices for these plots were set at 19 lacs and 22.80 lacs. With the development nearing completion, the Overseas West Block is poised to provide its residents with a well-developed and ready-to-move-in environment.
Approximately 60 – 70% of the payments for these plots have already been made. If you are interested in purchasing a plot in this block, you will need to cover the already paid amount plus an additional profit amount, which varies between 10 – 14 lacs. The profit amount of the plot depends on the location of the plot. The Overseas West Block presents a prime opportunity for those seeking early possession in Lahore Smart City, with the added benefit of being part of a rapidly developing and strategically located community.
Which Block Will Have Lahore Smart City Possession by the Next 8 – 10 Months?
Following Overseas West Sector A and Sector B, the next sector set to receive possession in Lahore Smart City is Sector C. This sector features 10 Marla and 1 Kanal plots, with possession expected to be handed over within the next 8 to 10 months. Initially, the booking prices for plots in this block were launched at 34 lacs for 10 Marla and 55 lacs for 1 Kanal. Currently, 80 – 90% of the plot prices have been paid, and new buyers will need to cover the remaining amount along with the profit on booking.
The latest prices for plots in Sector C have increased to 55 lacs for 10 Marla and 90 lacs for 1 Kanal, reflecting the sector’s growing demand and development progress. This block presents an excellent opportunity for investors looking for good returns and quick possession, making it a prime choice for those eager to secure a plot in a rapidly advancing community within Lahore Smart City.
Which Sector Comes Next When It Comes to Lahore Smart City Possession?
After the development and completion of Sectors A, B, and C, possession in Lahore Smart City will be handed over to Overseas West Sector D. This sector features reasonably priced 7 Marla and 10 Marla plots, offering prospective buyers a variety of options to suit their needs and desires.
What about Executive West Possession, Overseas Central Possession, and Executive Central Possession?
As previously mentioned, possession of the Overseas West sectors will be handed over first. Following the completion of development work in these areas, the focus will shift to Lahore Smart City possession for Executive West. Once development in Executive West is underway, efforts will then move to Overseas Central, followed by Executive Central. Prospective homeowners and investors need to exercise patience, as the possession of properties in these sectors will take some time. The estimated timeline for delivery ranges from the next 1.5 years to 3 years, reflecting the careful planning and phased approach of Lahore Smart City’s development strategy. This structured progression ensures that each sector is meticulously developed, providing residents with well-equipped and modern living spaces.
Lahore Smart City Plots for Sale
Lahore Smart City offers a diverse range of plots for sale, catering to various needs and preferences. For residential purposes, you can choose from 5 Marla, 7 Marla, 10 Marla, 12 Marla, and 1 Kanal. These residential plots are designed to accommodate different family sizes and lifestyles, ensuring that there is an ideal option for everyone. Additionally, for commercial investments, Lahore Smart City provides 2.66 Marla, 4 Marla, 6 Marla, and 8 Marla plots, strategically located to maximize business opportunities. Each plot type is integrated within a meticulously planned community, featuring modern infrastructure and amenities that promise a high standard of living and excellent returns on investment. Soon, the Lahore Smart City possession of plots in Overseas West will be handed over. So, whether you’re looking to build your dream home or invest in a thriving business hub, Lahore Smart City has the perfect plot for you.
