Lahore Motorway City:
The Lahore Motorway City (LMC) is one of a kind housing community. LMC is going through development phase on an area of 20,000 Kanal of land, for both residential and commercial plots. It provides over 2,500 plots, ranging from residential plots to commercial ones.
It is an applauded housing company situated on the Lahore Motorway. This society is an acclaimed housing company.
Lahore Motorway City Location
The location of Lahore Motorway City is ideally situated in tranquil surroundings, with all the amenities offered. The project spans an area of around 5,000 Kanals. On the way to Lahore and Sheikhupura, it’s well situated along with the Kot Abdul Malik exchange.
The place is built to have a comfortable and safe atmosphere close to the city’s main center. The General Post Office and Thokar Niaz Baig can be reached in 10 minutes by an instant drive. The old campus at Punjab University, Mall Road, Lahore College, Gulberg, and Lahore Railway Station are also reachable in 12 kilometers.
Amenities and Facilities:
There are various facilities provided in Lahore Motorway City that makes the housing community an exceptional one. Due to its unique features, the society in Lahore holds a unique position in the Lahore.
Following are the amenities that are offered in Lahore Motorway City:
|Wide Road Networking||Health and Fitness Centers||Commercial Hub Zone||Proper Wastewater Management System|
|Concentrated Horticulture||Old People Home||Sir Syed Case University||Water Supply Works|
|Grand Mosque and Other Various Mosques||Wide Green Carpeted Zones||Grid Station||Natural Water Features|
|Underground Cables Connectivity||Hard Landscaping||Educational Institutions||Healthcare Centers|
|Water Treatment Plant||Gated Society||Water Tanks||Disposal Stations|
|Community Center||Mini-Golf Course||Movie House|
To check out the amenities and facilities available in Capital Smart City, you can read our recent blog.
Attractive View of Mini Golf-Course
Owners and Developers
Renaissance Group had a huge impression on the property company because of their trustworthy projects, which it passed legal registration to your clients after the reservation. At least once you have to visit the exact place as you can’t find such a classy residence all over Lahore. The ultimate mission of owners was to build societies in which all facets of life come together in peace and unity while taking into account.
Following the success of Renaissance Group, which consist of five primary companies, along with its main offices in Khan Chamber, Saddar, Rawalpindi, namely;
- Renaissance International Construction Private Limited
- Renaissance Developers Private Limited
- Crescent Developers Private Limited
- Renaissance International Private Limited
- Prima Renaissance Private Limited
Renaissance Group of Companies have three major projects going through development phase, such as;
- Lahore Motorway City
- River Gardens Housing Project
- RCCI Industrial Estate – Extension
Lahore Motorway City’s Overview:
This housing estate along with the government-approved motorway. The location of Lahore Motorway is situated near Lahore Motorway Toll Plaza.
The housing facilities of the properties that are provided is on reservation. The Mall Road is about 12 km, Johar Town 18 km, Model Town 12 km ,and DHA 12 km from Gulberg and 16 km.
Estimated Price and Categories as per Plots
LMC is divided into five blocks, P, Q, R, S, T, and U, and consisting of 2,500 residential and commercial properties and homes as well. These are further divided into S Blocks Home, T-Prime, and Trust Prime. Whereas, both T-Prime and Trust Prime extensions are the sub-category of T blocks.
In society, the prices for houses and plots provide a great deal of economic investment potential. Different investment opportunities including properties, houses, and new booked plots can be available. The housing society is selling residential plots for 5 Marla, 10 Marla, 1 Kanal, 2 Kanal, 5 Marla, and 10-Marla (single or double portion) floor categories as well.
You can also book homes and plots with cash and at concessionary prices. The reservation are book only with the 20% installment package for 3 years. The project gives both comfort and convenience.
The price shall be charged in simple installments for 3 years. It’s a private housing society, and you don’t have to think about your family members’ wellbeing. Lahore Motorway City offers all the facilities needed for all elite families.
There are eminent features that you will observe in the LMC housing society;
- For residential plots, which are also recognized as Garden Blocks, it has a total area that ranges between 3.5 Marla to 10 Marla. It has a price range between PKR 1,000,000 to PKR 2,700,000.
- Whereas, the other residential blocks that are being sponsored to the ‘overseas’ can be ranges between 5 Marla to 40 Marla. It has a price range between PKR 1,550,000 to PKR 8,200,000.
- Likewise, there are different blocks, namely P, Q, R, S, SB Homes, U, Trust Prime. Whereas Trust Prime comprises T-block, T-Prime, and T-extension.
Following is the payment plan of LMC as per the recent development level:
Residential Blocks Payment Plan
Overseas Block Payment Plan
For the updated payment plan of Blue Town Sapphire Lahore you can visit our website SkyMarketing.
Update on Latest Development, Possession, and Balloting
The construction is complete and ownership will be given in major blocks of this housing scheme. Block S Homes have been completed and so you can book a plot there. There is already a balloting process going on for these plots.
According to different representatives, the start of this process is not verified by the deadline yet. As per some unanimous reports, people can expect an acceleration regarding the developmental process in the next 6 to 8 months.
What are S homes in LMC?
S Homes Block is an immense success in Lahore Motorway City project. Concerned management now has built 5 Marla houses at S Home Block. The home category consists of 5 Marla houses either comprises single or double portions. On cash payment, and simple installments, 5 Marla houses in S Block Homes can be reserved.
Furthermore, the location of S Homes Block is situated in the city of Lahore. LMC is situated on Kot Abdul Malik interchange on the Lahore-Sheikhupura Road next to the Motorway. It is an ideal spot to enter Lahore and Thokar Niaz Baig now by 15 minutes on the road. In the immediate future, the location of the society is highly important, as it is located close to China Pakistan Economic Corridor, CPEC.
On the contrary, one drawback of LMC housing society is that it still lacks a few of the necessities, such as gas or water. However, the owners have assured that all the basic facilities will be available once the development process will be at its highest peak.
Lahore Motorway City Approval:
It is somewhat confusing as to the legal status of LMC. Instead of being approved by LDA, the master plan is approved by the Tehsil Municipal Administration (TMA).
At the time of its launch the society did not fall under the limits of LDA but in fact it was falling under the TMA management and hence, the society only required approval from TMA.
It is important to mention that after December 2013, LMC was subject of LDA jurisdiction. Thus, as 20,000 Kanals of land have already been accepted by TMA, the existing understanding between LDA and LMC does no longer require the approval of LDA.
However, if and when LMC expands its surrounding area, the LDA must have to recognize it at first.
Master Plan of LMC
Anticipated Market and Price Trends
Lahore Motorway Town’s market have been as sluggish as the rest of the real estate industry. The sector will then be predicted to recover in the future.
Close to the previous year, the plot values remain constant. According to one of the representatives of management, though it is never blossoming, the LMC market itself is very active. None of this is surprising, given the sluggish speed of the Lahore property market.
At least for now, the prices stand as follows:
As the real estate market has now become stable, the requirements for short-term investment are also not especially relevant. Besides, the prices would stay low in the short term provided the factor for upcoming balloting, but LMC can consider it a profitable investment opportunity in the long term if you want to make long-term investments, then invest right now.
Thus, LMC provides a strong housing system with all its components and requires just to draw resources on its own.
If you’re interested in or need more information on a long-term investment in Lahore Motorway Area, please contact our real estate representative and continue visiting Sky Marketing group for more real estate updates.
An Opinion: Whether to Hold or Sell?
According to management, you already have two choices if you have invested in T-commercial plots. If it can be held for another six to eight months before a ballot has been released, then you may prefer to continue in same place. Though it is not yet confirmed, you can wait a lot longer.
The other alternative is that these properties can be sold and the returns on an investment placed into LMC ownership. It won’t be a bad deal, as rates are already very low for these plots. You should also assume a strong return margin in the medium term in this manner.
Please visit or contact Sky Marketing for further information.
Prospects for Investors
Many eminent investors thought it is an outstanding choice for developers to choose commercial land. The rental value of the property here is fantastic, but after a major change of population and growth, it will take time before returns become possible.
However, some other investors indicate that, because of the slow market situation and uncertainties, any investments in LMC would entail medium to long-term investment, but would have high margins of returns in that timeframe. It’s an out-standing housing society and when the economy gets ready and technology progresses the investment returns yield will be beyond your thoughts.
What is your view about LMC? You’ve got any questions? In the comments section, you can speak to us. For a thorough chat, you may also go to the Sky Marketing website.
You can check our recent blog on Blue World City, and get more updates about its developmental progress.
Lahore Motorway City is a perfect investment opportunity. The society has been approved by the concerned department, making it a secure real estate property in which to invest. Model houses are already constructed and will be taken over after a payment system of 80 percent.