Introduction
A few months back, the developers of Lahore Smart City announced to hand over the first possession of the plots. On Jan 19, the management of Lahore Smart City announced that they were ready to provide possession for respected plots in the sectors A and B.
Possession Policy Details
As per the notice, Lahore Smart City members who had booked their plots with 100% down payments will be eligible for the possession of plots of their own choice. But they will make sure to start the construction work within 90 days after signing their willingness Performa on the stamp agreement.
In the second phase, LSC Management will announce possession of the remaining plots (if available). But on a first-come, first-serve basis. However, priority will be given to members who had booked their plots with 40% and 50% down payments, respectively.
Customers will need to verify the availability of plots before depositing 100% payment from LSC Office. In addition, the buyer should sign the willingness Performa to start the construction within 90 days.
This Lahore Smart City possession announcement is not only exciting for the members but also for the investors. Those planning to invest and construct their properties can now contact the management and proceed with the required protocol.
