Lahore is a key hub for real estate investment in Pakistan, with various residential projects offering plots on easy installment plans. Here’s an overview of Urban City Lahore and New Metro City Lahore, including details on plot options, pricing, and payment plans.
Urban City Lahore
Location: Ideally located along the Kala Shah Kaku (KSK) interchange on Lahore-Islamabad Motorway M-2. It is close to educational institutions and easily accessible from the main city.
Developer: Al-Rehman Developers & Al-Hafeez Developers.
Project Features:
- Modern infrastructure
- Gated community
- Green spaces and parks
- Commercial areas
- Health and educational facilities
Plot Sizes and Installment Plans
| Plot Size | Total Price (PKR) | Booking | Monthly Installments | Quarterly Installments | Balloon Payment |
|---|---|---|---|---|---|
| 3 Marla | 1,125,000 | 225,000 | 8500 | 60,500 | 90,000 |
| 5 Marla | 1,775,000 | 350,000 | 13,500 | 90,000 | 150,000 |
| 10 Marla | 6,490,000 | 700,000 | 27,000 | 175,000 | 297,000 |
| 1 Kanal | 6,500,000 | 1,300,000 | 50,000 | 300,000 | 650,000 |
- Booking: Typically around 20% of the total price.
- Installment Duration: 2-3.5 years.
- Possession: Usually after 2-3 years, with the payment of all installments.
New Metro City Lahore
Location: Situated on besides the Babu Sabu Toll Plaza Lahore, the project offers easy access to the Ring Road, commercial areas, and educational institutions.
Developer: BSM Developers.
Project Features:
- Modern amenities
- Underground electricity
- Gated community
- Commercial centers
- Sports complex
Plot Sizes and Installment Plans
| Plot Size | Total Price (PKR) | Booking | Monthly Installments | Quarterly Installments | Balloting Payment |
|---|---|---|---|---|---|
| 5 Marla | 3,990,000 | 490,000 | 44,500 | 136,500 | 598,500 |
| 10 Marla | 7,490,000 | 790,000 | 75,500 | 293,500 | 1,123,500 |
| 1 Kanal | 14,250,000 | 1,550,000 | 161,800 | 499,000 | 2,140,000 |
- Booking: Approximately 20% of the total cost.
- Installment Duration: 2.5-4 years.
- Possession: Available after the completion of payment.
General Tips for Buying Plots on Installments
- Verify Legal Status: Ensure the project has all necessary approvals from relevant authorities including RUDA NOC.
- Check Developer Reputation: Research the developer’s previous projects and their market standing.
- Understand the Terms: Read the payment plan and terms of agreement carefully.
- Site Visit: If possible, visit the location to get a better idea of the project’s progress and surroundings.
- Consult with Experts: Engage with real estate consultants to make an informed decision.
Contact Information
- Urban City Lahore:
- Website: Urban City Lahore
- Phone: +92-334-1110335
- Email: info@urbancity.pk
- New Metro City Lahore:
- Website: New Metro City Lahore
- Phone: +92-340-9888 977
- Email: info@newmetrocity.pk
These options cater to a range of budgets and preferences, providing flexibility in payment and a promising investment in Lahore’s real estate market.
