The management has announced Overseas Prime Block balloting and possession in Lahore Smart City that will take place on December 24, 2022. You will also receive your plot ownership as soon as the precise date is publicly revealed. Lahore Smart City is an iconic joint project by FDHL and HRL.
Why does management rename Sectors A & B?
The management of society has remanded Sectors A and B to Overseas Prime Lahore Smart City. Moreover, the Overseas Prime Block LSC branding will now be used for these blocks to make sure of the best facilities. Moreover, this block is similar to the Capital Smart City Overseas Block to facilitate overseas Pakistanis.
Where is the Overseas Prime Block located in Lahore Smart City?
The location of Overseas Prime Block in Lahore Smart City is located near the main boulevard of this smart housing society of Lahore. Therefore, both residents and investors know the worth of this renamed block in society because of its phenomenal location.
The best builders in the country and people created this cutting-edge society. It is a secure and hugely profitable location for investment in the Overseas Prime Block of Lahore Smart City because it has all the thoughtful features and benefits of contemporary housing societies. This most recent project was progressing quickly and was eventually approved by the appropriate authorities.
Why invest in Overseas Prime Lahore Smart City?
Overseas Prime Block balloting in Lahore Smart City has gained popularity since its establishment. It’s a great place to live with lots of appealing features and amenities. It has several sectors and covers a sizable amount of land.
Additionally, it is a contemporary development with a wide variety of options for both commercial and residential properties. Plots for sale in the Overseas Prime Block of Lahore Smart City at a reasonable price with a 10% down payment for booking. However, you will need to note a profit for both new and existing reservations because of the great demand.
What is the development status of Overseas Prime Lahore Smart City?
It’s nothing new for the Overseas Prime Block balloting to begin to offer the best place for residency and investment.
Sector A is currently a well-developed block with high-level development, gorgeous infrastructures, and the basic amenities of a serene lifestyle. Moreover, both of these are the initial blocks of this outstanding housing project.
In addition, the development of Sector B is 95 percent complete. Even if the developers are prepared to transfer ownership of these block properties, plots are still present on the ground. Dates for the transfer of plots in Overseas Prime are revealed.
When will the Overseas Prime Balloting and Possession Event be held?
The event of balloting and possession in Overseas Prime Lahore Smart City will be held on December 24, 2022. This balloting contains all files of Sector A and Sector B. However, plots will be handed over in accordance with the previously disclosed criteria, such as:
- Members who purchased plots with 100% payment before January 19, 2022, will be able to select the plot in the first phase.
- Members who reserved plots with 100% payment after January 19, 2022, will be able to select the plot of their choosing in the second phase.
- Members will be assisted on the topic of availability in the third phase on a first-come, first-serve basis.
Additionally, the following rules and conditions must be adhered to in order to obtain Lahore Smart City Overseas Prime possession:
- All members who receive their plots successfully will be required to begin the
- Construction will begin 90 days after allotment receipts are issued. Allotment cancellation will occur if the terms and criteria are not met.
It should be noted that overseas prime balloting would be entirely electronic and open. The possession of Overseas Prime will be transferred as soon as the results are made available.
Which plot categories are available in Overseas Prime Lahore Smart City?
This magnificent block accurately captures flair and sophistication. This Overseas Prime Block balloting is started to give a fantastic living experience to the residents because of current conveniences and comforts. There is a variety of residential properties in the categories listed and sizes of plots, including:
Overseas Prime Residential Plots
- 5 Marla
- 7 Marla
- 10 Marla
- 12 Marla
- 1 Kanal
Overseas Prime Commercial Plots
- 2.66 Marla
- 4 Marla
- 6 Marla
- 8 Marla
Market Response to the Recent Announcement of Balloting & Possession
The market has been buzzing with news of the Overseas Prime Block balloting for many days. Both buyers and investors were anticipating it. However, the dates have already been made public. There is a rise in demand for both commercial and residential plots.
The plots are almost ready for possession, and house construction will begin soon. However, it is still the ideal time to invest in Overseas Prime Lahore Smart City. The plots are affordable and available in manageable installments.
The rates will rise even more following the Overseas Prime Block balloting and possession. Don’t pass up the opportunity to invest profitably in the greatest housing society in Lahore. You can reach out to Makaan Solutions in accordance with your needs and budget to get the ideal real estate deals in different societies, such as Capital Smart City and New City Paradise.
Overseas Prime Block Balloting in Lahore Smart City
If you want to know about Lahore Smart City Overseas Prime Block Balloting Contact Makaan Solutions. Our Sales Executive Officer will provide you with all the latest information. Starting from consultation to choosing the property, and from booking to owning your dream property. For further details, please do not hesitate to contact us with the below-given information: