Capital Smart City is a cutting-edge private residential development. The first ‘Smart City’ in Pakistan, the fourth in Asia, and the 23rd worldwide. Because of its smart amenities, rapid construction pace, dependable developers, optimum planning, and infrastructure, it is quickly becoming one of Pakistan’s most desirable smart housing projects. The first issue with the construction of Smart Cities Gated Community Advancement in Property Sales is:
What Is A Smart City? It is a community that makes use of innovation to deliver digital solutions and handle municipal issues. A smart city improves mobility and accessibility, as well as social services and environmental sustainability. It is usually based on the Smart Household, Smart Society, Smart Environment, and Capital concepts. Habib Rafiq Pvt . Ltd. & Future Holdings Developments Private Limited collaborated on Smart City Islamabad. Norman Foster is working on the city’s grand plan with Surbana Jurong, a Singapore-based consultancy.
Capital Smart City NOC
RDA (Rawalpindi Development Authority) and other connected agencies have awarded smart city NoC & planning clearances due to Habib Rafiq Private Limited’s popularity and competence. Another NOC (No Objection Certificate) for Capital Smart City is presently being processed.
Capital Smart City Balloting Results
On Saturday, December 21, 2019, Smart City hosted its inaugural e-Ballot. The first ballot, which included Overseas-I and Executive Block-I, proved to be a huge success. Nevertheless, that event also comprised a smart city project tour and launch. Even though the election was supposed to take place in 2021, the authorities accelerated their preparations. As a consequence, they were able to complete it ahead of schedule.
The values of balloted properties in the smart city are greater after the initial balloting, and therefore they offer more advantageous returns. We advise our investors & customers to pay their plot installments on time to prepare the plots for Subsequent Balloting in 2021. Following that, making your required installments will put your smart city property on the final election, resulting in beneficial returns. You can also get the idea from the Rudn Enclave.
Updates on the Allotment Process
All balloted property members in smart city Overseas Block – 1 and Executive Block – 1 are required to complete the smart city assignment form along with the required fee to get their allotment certifications. Also, from February 1, 2021, all balloted properties will require an Allotment Certificate for transference. All Smart City Plot installments due until December 2020 should be completed to petition for an allotment certification. Charges for allotment certificates, for example, are as follows:
- Smart City Plots of 5 and 7 Marlas: Rupees Two Thousand Only (2,000/-)
- Rupees Three Thousand Only (3,000/-) for 10, 12, and 20 Marla Smart City Plots
- 2 Kanal Smart City Plots are available for Rs. 5,000/- each.
Update on the Smart City Allotment for June 2021:
With effect immediately, Capital Smart City has taken possession of the following areas:
- Block 1 Sector C, Overseas
- Block 1 Sector D, Overseas
- Block 1 Sector E, Overseas
- Sector G, Overseas Block 1
- Block 1 Sector H, Overseas
- Sector J, Overseas Block 1
- Block 1 Sector K, Overseas
Block of Executives
The Executive Block is reserved for people who make their monthly installments on schedule. As a result, the block’s position is ideal. Because it is located near the River and also the Golf Club, it is easily accessible. In addition, if you pay all of your due installments, you can change your General Block document to an Executive Block file. In addition, the Executive Block is being developed alongside the other blocks.
Overseas Block
The Overseas Block is reserved exclusively for Pakistanis living abroad. Furthermore, indigenous Pakistanis can only acquire resale properties in this block. The desire for smart city properties in Overseas Block is pretty strong because they have top-notch advanced features and conveniences. The following are the reasons for such an appeal:
- To begin with, the level of poverty in the smart city international block is similar to that of other countries.
- Second, from the M2 Motorway, the specialized interchange gives direct access.
- Third, it is located adjacent to the smart city’s Main Boulevard.
Overseas Prime Block, which opened in 2020, is noted for its prime location and rapid expansion. Furthermore, the smart city administration has promised to complete this area within two years. Smart city properties in Overseas Prime, comprising 7 Marla, 10 Marla, 12 Marla, 1 Kanal, and 2 Kanal plots, have a 3.5-year pricing plan. Plot bookings in the Overseas Prime Block begin with a 10% purchase price.e.
Author Bio
Muhammad Junaid is a senior Analyst and Search Engine Expert. Extensive experience being a lead writer in Sigma Properties. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.
