Lahore Motorway City (LMC) is a well-known housing society that has been established in Lahore. With the arrival of a new era in Pakistan’s history, this real estate development has also gained popularity among investors from different regions of the country. The developers behind this project are very proactive, and they have been working hard in the past few years to ensure that their vision materializes in the form of a large number of residential units which is currently underway.
The development phase for the land at LMC started over an area of 20,000 Kanal of land. This includes residential as well as commercial plots. In order to provide a round housing facility to its customers, Lahore Motorway City has started providing plots in different sizes and shapes. These plots are made available at different price points as well as at affordable prices. One can either buy plots in LMC by paying the required amount or buy a house with the help of the housing loan offered by various banks.
The Lahore Motorway City (LMC) has created an outstanding place to live with quality housing, quality education, and infrastructure. The housing plots in LMC are made available for both individuals as well as businesses. The construction of this housing project is made possible by the Punjab Housing Board.
Owners and Developers
Renaissance Group is the leading real estate agency in Pakistan with over a decade of experience in property brokerage. They offer a unique range of real estate services, including residential and commercial property sales and leases, investment advisory, and project management. Its mission is to provide superior services to our customers by providing them with high-quality, value-driven products and services at competitive prices.
By building a project like LMC, the ultimate purpose of owners was to construct societies in which all aspects of life fit in harmoniously and the needs and interests of all members are fulfilled.
Renaissance Group consists of five primary companies and 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
Three major projects are in the development phase of the Renaissance Group of Companies.
- Lahore Motorway City
- River Gardens Housing Project
- RCCI Industrial Estate – Extension
Lahore Motorway City NOC
It is hard to understand the legal status of LMC. The master plan of the housing society is by Tehsil Municipal Administration (TMA) instead of being approved by LDA.
When the society was launched it was seen that it’s not under LDA limits. It fell under the management of the TMA and as such, it only needed approval from them.
LMC has been subject to LDA jurisdiction since December 2013. Thus, there’s a lot of lands that’s already been accepted by TMA. This means that the current understanding between LDA and LMC no longer requires the approval of LDA.
However, if LMC wants to grow outside the city limits, LDA must have to approve it first.
Lahore Motorway City Location:
This city is located at the perfect location, in calm surroundings, with all the amenities offered. The project will span around 5,000 Kanals. On the way to Lahore and Sheikhupura, it’s located in a very strategic location. It’s close to the Kot Abdul Malik exchange.
It’s easy to feel a sense of calm and security in the place. on the distance of 10 minute’s drive Thokar Niaz Baig and the General Post Office can be reached. The old campus of Punjab University is in the center of the city and easily reachable.
Amenities and Facilities
There are many facilities provided in Lahore Motorway City that make the community a great one. The unique position that the Lahore society holds in Lahore makes it different from all the other societies.
Amenities that are offered in Lahore Motorway City are as follows:
- Concentrated Horticulture
- Grand Mosque and Other Various Mosques
- Underground Cables Connectivity
- Water Treatment Plant
- Community Center
- Old People Home
- Wide Green Carpeted Zones
- Hard Landscaping
- Gated Society
- Mini-Golf Course
- Sir Syed Case University
- Grid Station
- Educational Institutions
- Water Tanks
- Movie House
- Health and Fitness Centers
- Wide Road Networking
Attractive View of Mini Golf-Course
Lahore Motorway City’s Overview
This housing estate is set close to a government-approved motorway. Lahore Motorway City is located near Lahore Motorway Toll Plaza.
The housing facilities are only available for people who have booked the property.
The Mall road is about 12 kilometers, Johar town is 18 kilometers, Model Town is 12 kilometers, and DHA is 12 kilometers from Gulberg and 16 km.
Estimated Price and Categories as per Plots
Lahore Motorway City is divided into five blocks, P, Q, R, S, T, and U. These blocks span over 2,500 residential and commercial plots and fully furnished homes as well. These blocks 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.
Housing prices are a great investment for people in society, providing them with a great deal of financial opportunity.
There are different types of investments, including properties, houses, and new booked plots.
The housing society has started selling plots in different sizes such as: single and double portion, 2 and 5 marlas,10-marla, 1 and 2 Kanal.
Plots and homes can be booked with instant cash or with installement. With only 20% installment package the reservation can be booked for 3 years. The hosuing scheme gives affordability to its investors and residents.
This plan includes payment in three easy monthly installments for three years. It’s a private housing society, and you don’t have to worry about the well-being of your family Lahore Motorway City offers all the facilities you’d expect in an elite city.
There are numerous characteristics that you’ll discover about the LMC housing society:
- LMC residential plots which are also called Garden Blocks have several sizes of plots that includes 3.5 Marla to 10, Marla. The price range of these plots is between PKR 1,000,000 to PKR 2,700,000.
- While, the other residential blocks that are being sponsored to the ‘overseas’ can be ranges from 5 Marla to 40 Marla. The price range of these plots is between PKR 1,550,000 to PKR 8,200,000.
Lahore Motorway City Payment Plans:
LMC Garden Block, Residential Payment Plan:
| Plot Size | Land Cost | Booking 20% | 36 Monthly Installments | 5 Half Yearly Installments | 20% (After 1 Year) Balloting | 10% Final payment |
|---|---|---|---|---|---|---|
| 3.5 Marla | 1,200,000 | 240,000 | 10,000 | 48,000 | 240,000 | 120,000 |
| 5 Marla | 1,600,000 | 320,000 | 12,000 | 73,000 | 320,000 | 160,000 |
| 7 Marla | 2,100,000 | 420,000 | 15,000 | 102,000 | 420,000 | 210,000 |
| 10 Marla | 2,900,000 | 580,000 | 20,000 | 146,000 | 580,000 | 290,000 |
LMC Overseas Block, Residential Payment Plan:
| Plot Size | Land Cost | Booking 20% | 36 Monthly Installments | 5 Half Yearly Installments | 20% (After 1 Year) Balloting | 10% Final payment |
|---|---|---|---|---|---|---|
| 5 Marla | 1,750,000 | 350,000 | 13,000 | 81,400 | 350,000 | 1,750,000 |
| 7 Marla | 2,250,000 | 450,000 | 18,000 | 95,400 | 450,000 | 2,250,000 |
| 10 Marla | 3,100,000 | 620,000 | 23,000 | 144,000 | 620,000 | 3,100,000 |
| 20 Marla | 4,800,000 | 960,000 | 40,000 | 192,000 | 960,000 | 4,800,000 |
| 40 Marla | 8,800,000 | 1,760,000 | 70,000 | 376,000 | 1,760,000 | 8,800,000 |
Update on Latest Development, Possession, and Balloting
It’s time for the developers to give ownership of the completed development to buyers. Now that your home block has been completed, you can book a plot there. Block S Homes are now fully built, so you can book a plot. Ballots are already open for these plots.
In the near future (6 – 8 months) we may see the development process accelerate in Lahore Motorway City.
What are “S” homes in LMC?
S Homes Block is a very successful project in Lahore Motorway City.
The management of the housing society has recently launched the construction of 5 Marla houses at S Home Block. These 5 Marla houses have either a single portion or double portion is a multi-room residence that includes 5 Marla floors. These houses are available with an instant cash payment or a simple installment plan.
LMC is located on Kot Abdul Malik road just past the Motorway in Sheikhupura city. This is an ideal place to start your journey to Lahore and Thokar Niaz Baig. In the near future, the location of the society will be very important. It is located close to the China Pakistan Economic Corridor, or CPEC.
There are a few drawbacks of living in an LMC, but the biggest one is that it lacks the necessities, such as gas or water. The owners of this hotel are confident that they will be able to provide all the basic facilities once the development process is at its highest peak.
Lahore Motorway City Master Plan
The Master Plan of LMC is as follows:
Lahore Motorway City Payment Schedule
The real estate industry as a whole has been very slow. The predicted recovery of the sector is in the future.
| Size | Total Registration Cost |
|---|---|
| 5 Marla | 1,300,000 - 1,900,000 |
| 7 Marla | 1,600,000 - 2,200,000 |
| 10 Marla | 1,700,000 - 3,200,000 |
| 1 Kanal | 4,000,000 - 5,000,000 |
| 2 Kanal | 7,500,000 - 10,200,000 |
The plot values remained the same last year, as well as they did in previous years. According to one of the managers, though it is never blossoming, the LMC market is very active. The property market in Lahore is a bust, despite its apparent growth.
In the past two years, the area has seen some changes, which include the establishment of new and more advanced services in terms of the LMC market. This includes the introduction of new residential plots in the area.
It is expected that, over the next few years, the area will witness considerable growth in terms of real estate development. Short-term investments are no longer necessary since the real estate market is now stable. It’s best to focus on other aspects of your business or to look into other types of investments.
The price could remain low for a period of time. But, it could turn out to be a profitable investment opportunity in the long run. If you want to make long-term investments, invest now. Therefore, LMC provides a strong housing system that is easy to build and only requires its own resources.
Contact our real estate representative if you’re interested in buying a house in the Lahore Motorway Area. We can provide you with more details about the area and other relevant information.
An Opinion: Whether to Hold or Sell?
Management already told you that if you’re going to invest in a commercial plot you have two options. A six- or eight-month gap between ballots is a good thing to have if you want to know exactly where you are in the race. Then you may prefer to stay where you are. You don’t have to wait until it’s confirmed.
The other option is to sell the properties and invest the proceeds back into LMC ownership. It won’t be a bad deal, as these plots are already very cheap. This is one of the first things you should do to increase your chances of winning.
For further information and updates please visit or contact The Realtor.
Prospects for Investors
Developers consider the value of commercial land in their development plans. Commercial land may be an excellent choice for some projects. The rental value of the property is fantastic, but it’s a big change from the current population and growth, so we’ll see before we get significant returns.
But some other investors say that, because of the slow market and uncertainties, investing in any property in the industry may not be the best choice. But they indicate that, because of the high return rates in such a period, investing in LMC can be a good investment opportunity.
The LMC is an excellent investment in your future because of its excellent returns yield. When the economy gets ready and technology progresses, your investment returns will be beyond your thoughts.
If you want to know more about such housing societies then please read about
- Sialkot Motorway City
- Paradise City Nowshera
- Silver City Islamabad
- Gulberg Greens Islamabad
- Bahria Agro Farm Houses Islamabad
- Capital Smart City Islamabad
Conclusion
Investing in real estate is a type of business that will always be worth something. If you do it correctly, your investments are always worth a lot more than what you paid for them.
Lahore Motorway City is an investment opportunity that’s perfect for a whole range of people and business needs. Society is a secure real estate investment in which to invest. It’s been approved by the relevant government department. A house model is already built and will be taken over after a payment system of 80% of the cost.
Lahore Motorway City is a new residential project developed in Lahore. The project offers a complete package of modern apartments and homes. Each home consists of 2, 3, and 4 bedroom apartments with modern facilities. Lahore Motorway City is a new project. All the homes are designed keeping in mind the needs of the people of Lahore. A high standard of living is what makes Lahore Motorway City a good place to buy. This is because the area is well connected and easily accessible.
The main reason behind this development is to cater to the needs of investors and future residents. The community has got a well-planned infrastructure. The community also has got a huge infrastructure of shopping malls, schools, parks, and many more.