Lahore Smart City Balloting Process

Lahore Smart City is a solution to the increasing population, economic growth, and urbanization of Lahore. The goal of the project is to provide residents with a high-quality lifestyle, through the provision of modern infrastructure, cutting-edge technology, and eco-friendly living environments. Lahore Smart City design is a smart city in every sense, with a great focus on smart mobility, smart energy, smart buildings, smart governance, and smart living.

Lahore Smart City

Lahore Smart City is a new, fully integrated and sustainable city currently under development in Lahore, Pakistan. Lahore Smart City has recently announced its balloting on 21^st April 2023 of two of its blocks which are LSC Executive-1 block and Overseas-1 block.

Let’s first discuss what real estate balloting is actually?

What is Real Estate Ballot?

Real estate balloting is a process used by real estate developers and government authorities to allocate or sell plots, homes, or other real estate properties to interested buyers. The process typically involves a public drawing or lottery, in which eligible applicants are randomly selected to allocate the properties.

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The balloting process helps ensure fairness and transparency in the allocation of properties, as it eliminates the possibility of favoritism or biasedness. Balloting can also be used to determine the priority of applicants, for example in cases where demand for properties exceeds supply.

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Real estate balloting is commonly used for the allocation of low-cost or affordable housing, as well as for the sale of commercial or industrial properties. The rules and regulations for real estate balloting vary by jurisdiction and are typically governed by local laws and regulations.

How to be part of Lahore Smart City Balloting?

Lahore Smart city has kept the process of balloting very easy. Investors can take part in Lahore Smart City Balloting by two different ways. They can either

be part of common ballot process or
they have the option of choosing their own plot

Common Ballot Process:

To be the part of the common ballot process is very easy. To further explain the eligibility for common ballot process, eligible investors are those who have:

Minimum Cleared 40% of the payment plan till 21^st April 2023
Invested in either commercial or residential plots
Invested in Executive-1 block and Overseas-1 block

Choose your own plot:

If investors want to choose plot of their choice, they will have to clear minimum 60% of their file payment by 21^st April 2023. Map will be provided to investors and they can choose.

Map will be provided by Lahore Smart City to the eligible investors to choose their own plot.

Few important factors will be considered for Lahore Smart City Balloting as follows.

Acknowledgement Receipt:

Acknowledgement slip is very important to be the part of the Lahore Smart City balloting. This slip is generated by the real estate agents, with whom you have invested with, after the payment for your file. This is the most important thing to be the part of Lahore Smart City Balloting.

First come, first serve basis:

The management of Lahore Smart City has announced that the investors should not wait till the last date as there is low inventory of plots for ballot.

All categories to be included:

Lahore Smart City balloting will include all the residential and commercial cuttings of the Executive-1 block and Overseas-1 block.

Developers:

Lahore Smart City is developed by the alliance between Future Developments Holdings (Pvt.) Limited & Habib Rafiq (Pvt) Limited. Both of these are masters in their fields. HRL is widely known as the real estate developer giant in Pakistan. Some sort projects mainly Bahria Town, DHA, Motorway, and several others are developed by HRL. Lahore Smart City is an iconic housing society in Lahore. To increase the efficiency and efficacy of the project, a Singaporean company, Surbana Jurong, is hired to operate as Chief Planner of Lahore Smart City.

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Keeping in sight the growing demand for residential projects in Lahore, FDHL and HRL decided to offer luxury and mega Smart City in Lahore. With the prosperous continuing venture of Capital Smart City Islamabad, Lahore Smart City will surely present you with all those amenities that make it a contemporary venture also.

Lahore Smart City Location:

Lahore Smart City is ideally located on the Lahore Bypass near Kala Shah Kaku. It is located near to the Lahore Interchange. it is easily accessible from GT Road, Lahore, and also from Lahore-Sialkot Motorway.

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It also has easier access to Lahore Ring Road that will connect this residential society with Lahore City. This will help the residents to connect with the Lahore Smart city housing society with the rest of Lahore in a few minutes’ drive.

Near-by Areas:

UET Lahore is 5-minute drive from away
DHA Lahore and Allama Iqbal International Airport is 18 minutes’ drive away

Considering these project factors, it can be an investment that delivers unmatched dividends and is a golden opportunity indeed. Don’t miss this golden chance and clear all your dues to get plots at reasonable prices with Pakistan Property Services.

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You can contact Pakistan Property Services to book your residential property in Lahore Smart City. We provide better consultations for your real estate matters as the authorized dealers of Bahria Town and Etihad Town projects. For further information, you can call on +92 321 111 2508 or can visit our YouTube channel Pakistan Property Services, where we regularly update you to learn about the new trends in the real estate market of Pakistan.

Projects We Deal in:

Bahria Town Lahore
Bahria Orchard Lahore
Bahria Nasheman Lahore
Bahria EMC (Bahria Education and Medical City)
Bahria Town Karachi
Bahria Homes
Bahria Paradise Karachi
Bahria Paradise Villas
Iqbal Villas Bahria Town Karachi
Quaid Villas Bahria Town Karachi
Liberty Commercial
Bahria Sports City Karachi
Bahria Sports Villas different precincts
Bahria Farm Houses
Bahria Golf City
Bahria Heights Karachi
Bahria Apartments Karachi
DHA’s in all cities of Pakistan

Many residential and commercial societies in Pakistan are evaluated carefully to help our clients make the better decision. Pakistan Property Services helps the clients invest in projects with good prospects that depend upon the parent company, developers, location, payment plan, amenities they can have in the desired project.

Lahore:

Lahore is the cultural and economic hub as well as the provincial capital of Punjab. The city is well known for its huge economic opportunities in different sectors. People come from different areas to grab these opportunities and have a residence here. Below the list of some of the top Projects in Lahore:

Karachi:

Bahria Town Karachi is a benchmark within the landscape of Karachi with its world-class excellent-planned society. This society is sketched with an area concept to supply outstanding lifestyle facilities to its residents and can introduce new benchmarks of community development in Karachi. Below the list of some of the top Projects in Karachi:

Islamabad:

Islamabad is nestled against the backdrop of the Margalla Hills. It is a modern, planned city with wide tree lined streets, large houses, elegant public buildings and well-organized bazaars. It is however; always under construction to improve transportation or develop new housing areas for its growing population. The walkways are shaded, safe, and separated from the traffic by rows of flame trees, jacaranda and hibiscus. Roses, jasmine and bougainvillea fill the parks, and scenic viewpoints show the city to its advantage. Below the list of some of the top Projects in Islamabad:

Rawalpindi:

Rawalpindi is an important administrative, commercial, and industrial centre. Its industries include locomotive works, gasworks, an oil refinery, sawmills, an iron foundry, a brewery, and cotton, hosiery, and textile mills; it also produces shoes, leather goods, pottery, newsprint, and tents. Below the list of some of the top Projects in Rawalpindi:

Rawalpindi Ring Road Latest Developments

Faisalabad:

Faisalabad, formerly known as Lyallpur named after the founder of the city is the third-most-populous city in Pakistan after Karachi and Lahore respectively, and the second-largest in the eastern province of Punjab. Below the list of some of the top Projects in Faisalabad:

DHA Faisalabad

Gujranwala:

Gujranwala is a city and capital of Gujranwala Division located in Punjab, Pakistan. It is also known as “City of Wrestlers” and is quite famous for its food. The city is Pakistan’s 5th most-populous metropolitan area, as well as 5th most populous city proper. Below the list of some of the top Projects in Gujranwala:

Multan:

Multan is city of Saints, it is best place to live if you belong to either middle class family, rich family or a poor family. The city is now develop city of Pakistan you can get every life facility here easily at low cast. Multan’s foods are very delicious especially mangoes of Multan are world famous. Below the list of some of the top Projects in Multan:

Bahawalpur:

Bahawalpur lies in the heart of South Punjab and is filled with stories that surround the legacies of Kings, Nawabs and their extravagant lifestyles. Below the list of some of the top Projects in Bahawalpur:

DHA Bahawalpur

Peshawar:

Peshawar is the capital of the Khyber Pakhtunkhwa province of Pakistan. It is the biggest city of Khyber Pakhtunkhwa and is a relatively prosperous city. It is also a cultural and economic hub of Khyber Pakhtunkhwa. The city is famous for its food and tourism as it is one of the oldest cities of Pakistan with a recorded history that dates back to 539 BC. Below the list of some of the top Projects in Peshawar:

Gwadar:

Gwadar, town and seaport, southwestern Balochistan province, southwestern Pakistan. Located on the sandy Nuh headland that juts southward into the Arabian Sea, the town is an important fishing (sardines and sharks) and trade centre. Below the list of some of the top Projects in Gwadar:

Suggestions:

We can see that the Pakistan Real Estate Forecast 2021 suggests investing more in this market as it promises a huge profit in the coming future. The investors should purchase the properties at a low rate so that they can earn more by selling it once the rates are good enough.

Maps of Societies and Projects in Pakistan:

Maps are the only source to view online high resolution 24 hours updated maps of Housing Societies, Schemes, Towns, Villas and Homes in all over Pakistan. Below the list of maps of some of the top Projects in Pakistan: