On Saturday 16th October, Capital Smart City held a grand “Smart City Community Meet-Up” at La Maer District. A great response has been seen at this event from the real estate community.

During the event, officials summarized what has been accomplished so far and shared their plans for the coming years. Capital Smart City’s current market will get a major boost from the announcements made at the event, which will play a huge role in the upcoming year 2022.

Announcements from Smart City Community Meet-Up Event:

  • Master Plan has been revised from 55,000 Kanal to 100,000 Kanal.

  • Master Plan will soon be increased to 150,000 Kanals.

  • Balloting of Harmony Park – First Week of May, 2022

  • Balloting of Overseas Prime – First Week of May, 2022

  • Name of Overseas II has been changed to Overseas Central.

  • Ballot of Overseas Central – First Week of February, 2022

  • Possession of Overseas Central – Last Quarter of 2022

  • New Name of Overseas I is Overseas East

  • High-rise commercial land will soon be sold to renowned developers

  • Interchange land has been transferred to NHA.

  • Design of interchange will be finalized within a week and will be submitted to NHA soon.

  • Construction of interchange is expected to start at the end of this year.

  • Executive Block Possession of Sectors B, C, D and E will be handed over in Mid of 2022.

  • No Surcharges will be applied on late payments till Dec 2021

  • 5% Discount will be given on Advance Installments till 12th November, 2021.

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