Lahore Smart City: Reason to invest
Is it safe to invest in Lahore Smart City?
Introduction
The Lahore Smart City project has been in the headlines for a while now, with several important questions being raised on it.
- Is this a good time to invest? Is there any better time before its completion?
- What are the government plans for the city? At what price will market be affected by this project?
- Will real estate companies profit from such projects and make profits in 2019 itself? Will they offer better deals to investors than what is available today? If so, how will Real Estate Market react to this change? What about commercial realty market as well as residential properties market? Both of these segments are considered stable side wise and dependent upon each other in Pakistan.
Lahore smart city is a pilot project launched by the government of the Punjab province.
The Lahore smart city is a pilot project launched by the government of Punjab province. It aims to use modern technology to improve services, reduce costs and provide better quality. The Lahore smart city includes a new public transport system, improved street lighting and public amenities such as malls and playgrounds.
The government has also planned for an integrated approach to transportation in this area through public transport services like buses which will run on fixed routes with priority given for women commuters during peak hours i.e between 5 am-8 am or 9 pm-3 am (when most people wait at bus stops)
It aims to use modern technology to improve services, reduce costs and provide better quality.
It aims to use modern technology to improve services, reduce costs and provide better quality. Lahore Smart City is a pilot project launched by the government of the Punjab province. It includes new public transport systems, improved street lighting and public amenities such as malls and playgrounds.
The project focuses on three main areas:
- Urban infrastructure – The first phase will include building roads, bridges and flyovers; improving drainage; installing traffic signals; improving access routes between residential areas with offices or commercial centers; building new schools; constructing libraries (public) reading rooms/libraries according to international standards etc.; improving water supply systems like wells etc.; installing electricity lines in every available place within an area defined by boundaries marked out by engineers who have been trained for this purpose under supervision from experts who have specialised knowledge about such matters like architects-urban planners who are experts at designing cities according their needs.”
It includes a new public transport system, improved street lighting and public amenities such as malls and playgrounds.
The government is investing in the project. The government hopes that the investment will pay for itself, but there is no guarantee that it will do so.
The government has invested a lot of money in this project, so it would be nice if someone could show us how we can get our money back out of the deal!
The government hopes that the investment in the project will pay for itself – but what does this mean for investors?
Investors are looking for a return on their investment and they have the right to expect that it will pay off. They also want to know that the economy is stable, so they can use their money safely and not worry about losing it due to inflation or depression.
Investors also want a safe environment where they can live without fear of crime or terrorism affecting them in any way, especially when making decisions about where to invest their hard-earned cash!
Finally, investors need access not only education but also quality healthcare services available at affordable prices during times such as these when everyone’s pockets are feeling tight due to rising prices (or lack thereof).
Lahore Smart City will include 13.2 million square feet of future office space, over four million square feet of retail and leisure space, hotels, conference halls and shopping centres.
Lahore Smart City will include 13.2 million square feet of future office space, over four million square feet of retail and leisure space, hotels, conference halls and shopping centres.
The project also includes a fully-automated public transportation system that can be used by residents and visitors alike. A bus rapid transit system has been designed to provide a high-frequency service along certain routes within the city centre area with dedicated lanes for buses only (similar to those found in Singapore). The project also includes an automated taxi system that allows passengers to hail their own ride using an app on their smartphones or via their smart phone’s web browser while they are waiting at a stop.
The project will be completed within six years from now – 2022 AD onwards with investments worth USD 8 billion USD .
The developers involved in the development include China Railway Group (12%), which has investments and interests in Pakistan, Dubai Investment Group (8%), which has interests in Pakistan, HSBC Infrastructure Pakistan (7%), CIMB-The Hong Kong & Shanghai Bank (7%) and others.
The developers involved in the development include China Railway Group (12%), which has investments and interests in Pakistan, Dubai Investment Group (8%), which has interests in Pakistan, HSBC Infrastructure Pakistan (7%), CIMB-The Hong Kong & Shanghai Bank (7%) and others.
However, it’s important to note that these are not all of their investments or businesses throughout the world. For example:
- China Railway Group has invested in other countries such as India and Brazil, but does not have any ongoing projects there;
- Dubai Investment Group only has a few projects ongoing with its main focus being Dubai itself;
- HSBC Infrastructure Pakistan doesn’t operate outside of its home country yet either despite having branches elsewhere like Singapore;
There are pros and cons to investing in Lahore Smart City
Lahore Smart City is a pilot project launched by the government of Punjab province. It aims to use modern technology to improve services, reduce costs and provide better quality in urban infrastructure. The project will cover 30 districts across all four cities: Lahore, Rawalpindi, Islamabad and Faisalabad.
The city is divided into three different zones: Central Zone (Old Town), South Zone (New Town), North Zone (New Town). Each zone has its own micro-districts that are further divided into smaller areas known as blocks or sectors depending on population size. Each block comprises multiple buildings which can be classified into 3 categories based on their design type: residential apartments; offices; retail shops etc..
Each building has been assigned with a unique ID number so that it can be tracked easily when any change needs to be made within them like installing new equipment or repairing existing ones etc..
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