Capital Smart City is an upcoming venture in Pakistan’ Real Estate industry. It is the first-ever smart city in Pakistan. Unlike other housing societies, it has speedy development work. As per Capital Smart City Latest Updates, Capital Smart City launched on 6th October 2019 in Islamabad. Meanwhile, in its pre-launch period, it has receives a roaring response from both, local and overseas. It is already running out of various inventories including 5-Marla. In this blog, we will discuss Capital Smart City Latest Updates, developmental news, signed agreements, and archived events.
Moreover, Capital Smart City is Smart Destination for Smart Investors. With the slogan “Smart is the new way to Live”, it is offering those facilities that are never thought of before. This international standard project attracting overseas individuals as well.
Habib Rafiq (Pvt.) Limited developing Capital Smart City and responsible for all the developmental updates. Presently, more than 400 heavy machinery are deployed on the site. A huge amount of laborers, engineers, and other specialists are working day and night. The latest technologies are utilized to complete this project before the deadline. At the moment, the initial stage of developmental work already completed. Ground leveling work also entirely completed.
Launching Worldwide
Capital Smart City owners have started launching this project worldwide. In Pakistan, it was launched on October 6, 2019, in Serena Islamabad. After that, Capital Smart City launched in various countries namely
- Canada
- Norway
- USA including New York, Chicago, Washington DC
- UK including Manchester Glasgow, London, Birmingham
First Balloting
- First balloting for the overseas block and the executive block will commence on the 3rd week of December.
Signed Agreements
- Capital Golf Club
Harradine Golf signed an agreement with Smart Properties. It will introduce an 18-hole signature golf club. Moreover, luxury residential units including villas, townhouses, and residential apartments also part of it. The main attraction is that all units face lush green golf courses.
- Potohar Ranches
On July 18, 2018, Cracknell appointed by smart Properties as a master planner of Potohar Ranches. It will introduce luxury villas, townhouses, and apartments.
- Plot Purchasing
Future Developments Holdings (Pvt.) Limited signed an agreement with Smart Residential Limited. On April 6, 2019, both firms decided to introduce luxury villas and apartments,
- Amusement Parks
Capital Smart City and Freij Entertainment International has signed an agreement on October 23, 2019. With the effect of it, this world-renowned firm will make amusement parks in Capital Smart City. It is one of the world’s largest travel operators. It has the hands-on experience to arrange funfairs and carnivals in Europe, UAE, United Kingdom, and many others.
Development Updates
As per Capital Smart City Latest Updates, more than 70% of the development work in the overseas block already completed. Before balloting, the developers have decided to complete this block to make it possession able. Carpeting of more than 20 streets going on at a fast pace. Furthermore, the work started to install sewerage pipelines.
The Main Boulevard of the society is 120 feet long. Till now, this track between the overseas block and the general block is completed in record time. Moreover, the construction work on smart schools also underway.