There is exciting news for buyers of plots in Lahore Smart City.
Located at Kala Shah Kakoo Interchange, Lahore Smart City is a grand project offering various size plots such as 5, 8, and 10 marla cutting. The Society, developed by Habib Rafiq Group Ltd., is unique in the fact that it is using artificial intelligence curated technology for surveillance within the community.
There is a major developmental update regarding Lahore Smart City Possession of Plots. People who have booked the plots and completed payment will be going to get their possessions very soon.LSC is making all efforts for timely delivery striving to keep its promise and proving it to be profitable after these years.
Currently, The possession of sector A & sector B is almost three years ahead of the promised delivery date.
Sector A: possession process will start in March 2022. Sector B: possession process will start in May 2022, (after Ramadan).
Further details for the possession policy are listed below:
All those members who have booked their plots on 100% payment will be eligible for the possession of plots on their own choice subject to the start of construction works within 90 days after signing their willingness performa on stamp agreement.
Consequently, In the second phase, the company will announce possession for the remaining plots (if available) on a first come first serve basis. Priority would be given to members who have booked their plots on 40% and 50% down payment respectively.
However, The authorities need to verify the availability of plots before depositing 100% payment from our office and should sign documents for the start of construction works within 90 days.
Notification for the start of the possession process will be published in due course of time to facilitate the members for the construction of their property. The management has decided to start receiving the development charges from next year.
For more details about Lahore Smart City Balloting, Pricing, and other updates, please watch this video on our Youtube Channel.