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Is Lahore smart city a good investment?

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Lahore Smart City is among very few societies in Lahore that are legally running their operations and are approved by Lahore Development Authority (LDA). With that, unlike the majority of housing societies, the developers of LSC fulfilled all the commitments they promised before launching the project. Yes, Lahore Smart City is a good investment; both for long term as well as short term results. The salient characteristics that make it worthy are: Lahore Smart City Location Map The worth of the real estate is all about location. The more a project is at a prime location, the more people will strive to buy it leading to an increase in its demand and prices. Lahore Smart City location is its most prominent feature. It is located in very close proximity to the N-5 highway and Kala Shah Kaku motorway exchange. Lahore’s main landmarks including Motorway Police station, Rana Town, and University of Health Sciences are just a few minutes away from the main entrance of the society.  Ameni...

Development Commences in the First Smart City of Pakistan

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The developmental process of a real estate project is a complicated process and here in this article we have simplified and broken down those phases into 3 phases. The three phases of real estate project development are pre-development, construction, and project completion. Early Stage Early-stage is also known as pre-development is the first phase where the investors conduct market research while determining their requirements and demands and then confirm a potential site location for the project. After this, the investors then work on an idea proposal or a concept design where the ideas are discussed what could be currently constructed or what other possibilities can be potentially constructed on the site. The project’s size and units are also discussed along with the restrictions that are imposed by the government. In the initial stages of the development, the investor’s prime focus is time and motion study, research, and planning, and then permit. However, at this initial phase mak...

Top 3 Reasons Why Living in Housing Societies Should Be Your Preferred Option

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There are a number of real estate projects in Pakistan. However, the private housing schemes, commonly known as the housing societies, are one of the best in terms of investment as well as future living. Here are the three reasons that make housing societies one of the best options for living and investment.  Security:  Everyone needs security. The main benefit of living in a private housing scheme is the provisioning of 24/7 security by the society management. Nearly all the private housing schemes across Pakistan are providing state of the art security to their residents. For instance, the Smart city location and map have been selected and designed to be secure from ground up. These gated communities are best for living because the security of family and businesses is enhanced. Most of the housing societies have fully equipped security patrols and rapid response units strategically placed within the limits of the housing schemes.  Basic Amenities:  Another reason ...

Capital of Punjab; the Place of Smart Living

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  It is a common Punjabi saying that: “ Anyone who hasn’t visited the city of Lahore simply hasn’t lived” Well, I believe this common saying is true. Lahore is a simply splendid and mesmerizing city. Lahore is the capital of Pakistan’s famous and biggest province, Punjab. It is the 2 nd largest city in Pakistan and the 26 th largest city in the world. Lahore is surely the heart of Pakistan. According to Gross Domestic Product (GDP), Lahore is among the wealthiest cities, and this cultural city is reaching splendor day by day. Also, the city of gardens (Lahore) is well known for liberalism, cultural heritage, progressive development plans. Lahore is going to be an upcoming mega smart real estate project. After the great success rate and the splendid response of people for Islamabad Capital Smart City , a Lahore Smart City is launching soon. Nowadays, Lahore Smart City stands out in limelight in terms of Real Estate Investment and development plans. The city is becoming the hub of ...