Ravi Riverfront City Lahore is a 100% Government-approved project developing by RUDA located at the bank of Ravi River in Lahore, close to the Shahdara Reserve Forest. The 5 Trillion Rupees project is envisioned by the Prime Minister of Pakistan, Imran Khan, as one of the largest sustainable urban projects in the world. He inaugurated the River Ravi Urban Development project (RRURDP) on August 07, 2020, and laid the foundation stone on September 15, 2020.
The Ravi Urban Development Project is a one-of-its-kind project in the world spanning over 46 Km. It wouldn’t be wrong to declare that it is the time for Ravi City. The newly developing Ravi City in Lahore has a goal of tackling the issue of overpopulation in Lahore, traffic congestions on a daily basis, water issues, and last but not least, the annual flooding due to torrential rains.
The project is expected to create millions of jobs throughout and after the development. A whole new city will rise from scratch, making it the largest Riverfront Urban City. So far, more than $7 billion investment for the development of the project has been procured. The local and international property development companies have been showing a great deal of interest along with their investment promises.
Ravi Riverfront City Lahore Developers & Owners:
Ravi Riverfront City Lahore is a state-of-the-art project developing by Ravi Urban Development Authority (RUDA). All the local and international contractors or developers would have to work under RUDA and invest as per its consultation.
The Lahore Development Authority (LDA) had awarded the feasibility report contract to the Meinhardt Group Singapore. The Group conducted a thorough survey of the area and provided some of the most crucial information regarding the success and details of the project.
The Ravi Urban Development Authority had conveyed to the general public the limitations of the RUDA, and any land sale or purchase in the dedicated area is under its authority. Any land acquisition/sale/purchase of the Ravi City would be conducted after its approval.
Ravi Riverfront City Lahore NOC:
The Ravi Riverfront City Lahore is a 100% guaranteed approved project, developing under the direct supervision of RUDA. The steep success of this project is also because of its legal status. Government-backed projects such as this are destined to break records.
The government has specially established a development authority, “RUDA,” to oversee its development while fulfilling all the legal matters of the project.
Ravi Riverfront City Lahore Location:
The location of Ravi Riverfront City Lahore is located at the banks of the Ravi River in Lahore, close to the Shahdara Reserve Forest. The location of Ravi Riverfront City is ideal that could be reached from any part of Lahore with zero hassle.
The prime location of the River Ravi project map makes it easily reachable.
Ravi Riverfront City Accessibility:
The Ravi Riverfront City is highly accessible.
Ravi Riverfront City is accessible in the following ways:
- Located at River Ravi Banks near Shahdara Reserve Forest
- Almost 22 min drive away from Lahore Eastern Bypass
- Almost 5 min drive away from Lahore Ring Road (L-20)
- Almost 21 min drive away from M-11 Motorway
- Almost 12 min drive away from GT Road
- Almost 15 min drive away from N-60
Ravi Riverfront City Nearby Landmarks & Places:
The Ravi Riverfront City is surrounded by several nearby landmarks & places:
- Shahdara Reserve Forest
- Badshahi Mosque
- Shahdara Town
- Jhuggian Jodha
- Badami Bagh
- Shad Bagh
- Data Nagar
- GT Road
- M-11 Motorway
- Tomb of Jahangir
- Lahore Ring Road L-20
Ravi Riverfront City Lahore Master Plan:
Ravi Riverfront City Lahore was originally proposed by the Punjab Government in 2013 with the idea of urban development stretching over an area of 44,000 acres. The aim was to relieve Lahore off of the overpopulation stress.
The project is planned to be built on 43Km land that will be 70% covered with greenery. The rest will offer the construction. The idea was taken from the riverside development on the pattern of River Thames, London as well as Dubai.
Ravi Riverfront City Districts:
The project, after its development, will offer the residential option to almost 35 million people with a number of jobs and business opportunities. The Ravi City Lahore is divided into 12 districts such as follows:
- Medical District
- Mix-use District
- Residential District
- Urban Farms District
- Downtown District
- Innovation District
- Financial District
- Central District
- Tourism District
- Sports District
- Knowledge District
- Commercial District
The Ravi City consists of several phases as follows:
- Ravi City Phase I (45,000 acres)
- Ravi City Phase II (34,000 acres)
- Ravi City Phase III (24,000 acres)
As per the sources, almost 14 thousand Kanal land will be acquired in the project’s first phase, and eventually, 600,000 Kanal will be developed in Ravi City. The land comes under the Mouza of Ferozwala and 32 others.
A 33km long concrete channel will be built on the Ravi River along with the development of greenery on a huge land area. The project will offer 1.4 million residential units. New roads, piers, bridges, and three barrages will also be part of the plan.
The barrages will have the capacity to store 271 billion of water. On the parallel side, water treatment plants will also be built to make the river clean. The waste treatment plants are also part of the project. Preservation of natural habitat is a top priority of the RUDA.
The aim of the project is as follows:
- Improve tourism
- Uplift the economy
- Betterment of quality of life
- Job and business opportunities
Main Challenges of the Ravi Riverfront Urban Development Project:
The Ravi City project is no doubt a feasible project, but there are some challenges that need to be overcome. Such as the following:
- Getting the water in the river in the winter season
- Treatment of waste that is thrown in the river along with dumping of wastewater
- Development of sustainable mechanisms for a sustainable city
- Development of green areas
- Mitigation of flooding
- Some other major challenges include the probable negative impacts such as loss of agricultural land with an area of 76,000 acres and removal of 20,000 households
Ravi Riverfront City Lahore Payment Plans:
The payment plans of Ravi Riverfront City Lahore are yet to be disclosed by the competent authority. But as per some sources, the prices would be affordable for the sake of investors` convenience.
According to the estimated packages offered by the government to the landowners for land acquisition, that estimate is Rs. 3.5 million per acre for the land on the riverbed for 5 to 7 Marla. For the packages of land other than in river bed, the price ranges from Rs. 5million to Rs. 8 million for 10 Marla plots per acre. Compensation for crops, houses, and other infrastructure is separate.
Ravi Riverfront City Lahore Facilities & Amenities:
The Ravi Riverfront City Lahore provides all the modern facilities and amenities at budget-friendly rates. The facilities are part of any contemporary luxurious city that could be termed as a complete residential scheme.
The developers have reserved a large area for the development of green areas such as parks. Ravi Riverfront City Lahore is considered the most lavish city with all the modern-day luxuries and amenities.
The government’s focus was to offer a healthy and luxurious lifestyle environment; for this reason, a large land area is dedicated to the central theme park where children and the elder may enjoy leisure time with no worries in their minds.
The facilities in the Ravi Riverfront City Lahore residential area are as follows:
The city will provide an environment-friendly close-to-the-natural lifestyle with all the contemporary amenities. The nature-close environment will provide a unique experience that could not be found in Pakistan’s other cities.
The city is going to cater to all the needs of the residents that also includes religious needs. For this, the developers are building several beautiful grand Jamia mosques. These mosques will be intelligent mosques with all the modern technology and architecture.
The city has taken into account the residents’ water needs. For this purpose, water reservoirs will be developed to store a large amount of water to be used by the resident for daily chores. In addition, filter plants will also be a part of the city to ensure clean drinking water.
To keep the residents socially active, community centers will prove as the beacon of social life. Here they may enjoy the social activities and participate as well.
The developers have paid particular attention to the health facilities in the city. For this purpose, the developers will develop state-of-the-art international hospitals and clinics. The emergency will be open 24/7, the staff and doctors will be available all the time.
The project intends to build several educational institutes, to make sure the provision of international level education to the children. The teaching staff will also be professional and trained in their specified fields to have the best education.
Education is also a top priority for the residents in Ravi Riverfront City Lahore, for which the management has dedicated a large land area to develop a world-class education complex.
Business & Commercial Hub:
The developers will take care of all the needs of the residents, economic & commercial needs. For this reason, the city will provide an all-in-one commercial area in several residential parts of the project. From these areas, the residents may fulfill all the commercial needs from within the city.
A sense of safety is necessary for a city. A gated community ensures safety. A security system with perfectly installed 24/7 CCTV cameras and other surveillance gear provides all-inclusive security to the people. In addition, the city will be surrounded by a boundary wall with a foolproof system to provide a high safety level.
High-quality Road Infrastructure:
The roads and other infrastructure are developed with a high degree of professionalism and equipment to ensure the perfect development. The main boulevard and streets are wide and spacious enough to give a beautiful look.
Ravi Riverfront City Lahore Salient Features:
Following are the salient features of the Ravi Riverfront City:
- Beautiful entrance gate
- Grand Mosques
- Water Resources
- Club Houses
- Retail Area
- Modern Spas
- 24/7 security
- Boundary Wall
- Gated community
- Education Complex
- Quality Development
- Water, Gas, Electricity
- Underground electrification
- Sewerage and waste disposal system
- World-class infrastructure development
- Sports complex with indoor and outdoor facilities
- Medical Facilities offered by hospitals, dispensaries, and clinics
Guidelines to follow while Purchasing/Sale of Plots in Ravi Riverfront City:
Following are the guidelines to follow:
Please always ensure to verify all the documentation with complete satisfaction to avoid any miscommunication or misunderstanding. Before getting into any property purchase or sale, make sure to inquire about the NOC and approval document by the developers duly approved by the concerned authorities. In this way, your documentation will be valid by all means that may offer customer satisfaction.
Before the conclusion of any sale or purchase of the property, please ensure that your funds align with your purchase plan. In this way, your purchase or sale will be made without any issue.
Before any purchase and after surety of the documents’ validity, visit the site to ensure that the written documents are under the plot specifications.
Documentation Requirement for Booking:
Sky Marketing believes in the bond of trust and transparency with our customers, so we recommend enquiring about the latest documentation requirement for booking. You can also book residential and commercial plots in other cities such as Blue World City, Discovery Gardens Islamabad, Eighteen Islamabad.
Following documentations are required to buy property in Ravi Riverfront City:
- Two passport size Pictures
- NICOP for overseas clients
- Two copies of your National Identity Card
- Two copies of the ID card of your next of Kin
Benefits of Real Estate Investment:
Real estate investment is one of the most profitable businesses among others. This is because it has excellent investment return potential. But the point to keep in mind is that it will only be profitable when conducted correctly.
You may also avail huge property benefits by investing in the Mall of Islamabad and Florence Galleria. One can gain several kinds of benefits from investment in the real estate industry. Some of the main benefits are as follows:
1. Financial Security:
If a person has some extra amount or someone has some asset, and he wants to keep the value of that asset high, then indeed, the real estate industry is the sector that can keep the value of investment high and not depreciate.
2. Stable Income:
A person can generate a stable income with investment in real estate quickly. For example, one can buy a property, develop it, buy a developed property, and rent it monthly or yearly. Not just this, the rent increases every year by some percentage, so it would not be wrong to say that it gets better than stable.
Once an investment is concluded, it’s not like some living thing you have to look after daily. The maximum you will have to do is visit your property every while to ensure it does not fall into the wrong hands of encroachers.
4. Passive Income:
Once someone has invested in a real estate property, then passive income like rent could be generated. Investors buy a developed property or develop an open land and then rent it out, ensuring a steady source generation source throughout the year, uninterruptedly.
5. Non-depreciable Asset:
Real estate investment is a sort of business that will never lose its value once done rightly. Real estate value always increases every year. And if some significant government or private project is started in its vicinity, then the value may increase manifold.
Booking Procedure for Property in Ravi Riverfront City Lahore:
Sky Marketing always advises our respected customers that inquire about the latest booking procedure from management to clear out any communication. The booking procedure is as simple as possible.
- Fill your booking application form with full attention
- Attach the CNIC Copies of Applicant
- Pay the Down Payment via Cheque or Pay order in favor of “Ravi Riverfront City Lahore,” but confirm the management process in case of new changes
- Cash Payments are also accepted after confirmation by the management
- Submit all the required documents, Payment, and Get the receipt
Pros & Cons:
Following are the Pros & Cons of the Ravi Riverfront City Lahore:
|24/7 water||Perception of high plot rates|
|Theme Parks/Recreational Areas|
|Peaceful/ healthy/secure environment|
|Gated community with security gates, surveillance systems, CCTV Cameras & guards|
|Very close to the central locations & other cities|
|The vast and well-planned carpeted main boulevard, roads, streets, lanes & walk-ways for pedestrians|
|Well-planned drainage & waste disposal systems|
|Green, innovative and sustainable housing city|
|Solid waste disposal mechanism|
Frequently Asked Questions (FAQs):
Following are the Frequently asked questions (FAQs) about this city:
Q1: What is Ravi Riverfront City Lahore, and how is it different from other housing cities?
Ans. Ravi Riverfront City Lahore is being designed and developed to offer residents a unique eco-friendly living experience at affordable rates. A team of engineers, architects, and other staff with years of experience are putting their full efforts into its development.
Q2: Is it an approved and legal project?
Ans. The Ravi Riverfront City Lahore is a government-approved project.
Q3: Is it an affordable residential Project?
Ans. Yes, there is no doubt because of the easy Ravi Riverfront City Lahore payment plans. The management has played a crucial role in setting the balance between luxury and affordability.
Q4: Does this city has a potential high yield investment return?
Ans. Yes, because the installment schedules are affordable for families, small investors are interested in investing in large numbers, even from a humble background. Hence, increasing the chance of high-yield investment returns.
Q5: What is the location of Ravi Riverfront City Lahore?
Ans. Ravi Riverfront City Lahore is at the bank of the Ravi River in Lahore, close to the Shahdara Reserve Forest.
Q6: Who are the developers of Ravi Riverfront City Lahore?
Ans. Ravi Riverfront City Lahore is a project developing by the RUDA.
Ravi Riverfront City Lahore is a housing scheme developing with just one aim: to provide a world-class luxurious lifestyle to the residents. Luxurious facilities, affordability, and location are the main features of this city.
So, Sky Marketing highly recommends that this is the golden opportunity to invest in this city. If you want to know more about such projects, please read about Al-Noor Orchard Lahore, Lahore Smart City, Rudn Enclave Rawalpindi, and Capital Smart City.