The current economic situation of Pakistan is quite frightening for all. Inflation is increasing rapidly. All this affects middle-class individuals the most. It is hard for them to meet their monthly expenses. Considering this, they are looking for options which allow them to generate extra income every month.
Well, the best source of generating extra income is through real estate. Mainly when you invest in a commercial property, it benefits you in the long run. Many might say that commercial property is a bit more expensive than residential property, so why do they prioritize commercial real estate? The answer to this question is, to invest because of the perks you will be able to enjoy after investing in the commercial sector of Lahore Smart City. The perks are:
- The resale value of commercial is higher than that of residential property.
- Secondly, commercial investment promises a high return on investment as compared to residential real estate investment.
- You can earn passive income without worrying much about finding tenants after a few months. You can rent out your commercial property to a school, bank, restaurant, or health center.
Now moving on, let’s discuss the Lahore Smart City commercial payment plan, as it will allow you to understand things better. You will get an idea of how much budget is required for an investment and so on.
Lahore Smart City Commercial Payment Plan
The management of the Lahore Smart City has done a wonderful job designing a payment plan for commercial plots. Here as an investor, you get multiple options. It means, as per your budget you can decide in which size plot you would like to invest.
Furthermore, if you look at the payment plan, you will get an idea that multiple discount options are also given by the management. For example, if you make a 50% payment, you will be able to enjoy a 5% discount and on a 100% payment of the plot you can have a refund of 10%. Quite cool, right?
Commercial Plot Sizes
- 2.66 Marla
- 4 Marla
- 6 Marla
- 8 Marla
Note: All these plots are available in the executive and overseas blocks of Lahore Smart City.
Commercial Plots Payment Plan (Executive Block)
The commercial plots are available in the executive block. As per your budget, you can choose whether you want to invest in 4 Marla or 8-Marla commercial plots.
- 4 Marla commercial plot price is PKR 15,000,000, and 8 Marla plot price is PKR 29,000,000. For both categories, you only need to pay 10% booking price and later you can follow the simple installment plan.
| Plot Size | Total Price | On Booking % | Booking Price | On Confirmation | 12 Qtly Installments |
| 4 Marla | PKR 15,000,000 | 10% | PKR 1,500,000 | PKR 1,500,000 | PKR 1,000,000 |
| 8 Marla | PKR 29,000,000 | 10% | PKR 2,900,000 | PKR 2,900,000 | PKR 1,933,000 |
Commercial Plots Payment Plan (Overseas Block)
In the overseas block, 2 categories of commercial plots are available; either you can invest in 4 Marla or 8 Marla plots. The plot price of both are quite reasonable as compared to the market.
- 4 Marla plot price is around PKR 15,500,000. The installment price is around PKR 1,033,000, and the booking cost is PKR 1,550,000.
- 8 Marla plot rate is around PKR 29,500,000. For the quarterly installment, you need to pay around PKR 1,967,700, and the booking cost is PKR 2,950,000.
| Plot Size | Total Price | On Booking % | Booking Price | On Confirmation | 12 Qtly Installments |
| 4 Marla | PKR 15,500,000 | 10% | PKR 1,550,000 | PKR 1,550,000 | PKR 1,033,000 |
| 8 Marla | PKR 29,500,000 | 10% | PKR 2,950,000 | PKR 2,950,000 | PKR 1,967,700 |
2.66 & 6 Marla Commercial Plots Payment Plan
- The 2.66 Marla plot is the smallest commercial plot available in Lahore Smart City. The total price of this plot is around PKR 6,900,000. To book this plot, you only need to pay 10% of the total price of the plot. Later, you can follow the simple installment plan.=
- After 2.66 Marla commercial plots came the 6 Marla plots. 6 Marla plot is also available at a reasonable cost as its total price is around PKR 16,800,000. This commercial plot is also available in installments.
| Plot Size | Total Price | On Booking % | Booking Price | On Confirmation | 12 Qtly Installments |
| 2.66 Marla | PKR 6,900,000 | 10% | PKR 690,000 | PKR 690,000 | PKR 460,000 |
| 6 Marla | PKR 16,800,000 | 10% | PKR 1,680,000 | PKR 1,680,000 | PKR 1,120,000 |
Bottom Line!
Now that you know about the perks of investing in commercial real estate and have an idea about the options available for you in Lahore Smart City, it is time to make a move and generate income.
