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Lahore Smart City: Restriction on Merging of Properties | New Policies & Criteria Exp
11-12-2024, 11:44 AM
Post: #1
Lahore Smart City: Restriction on Merging of Properties | New Policies & Criteria Exp
Lahore Smart City: Restriction on Merging of Properties | New Policies & Criteria Explained


Lahore Smart City has announced new restrictions on property merging. The minimum amount required for merging has been increased from 30% to 40% of the property value. Additionally, properties must be held for a minimum of six months before they can be merged.

These changes aim to stabilize the market and prevent speculation. Customers who purchased properties before November 12, 2024, may still merge their properties with an amount of 40% or more.

For those with properties below the 40% threshold, merging is still possible with a reduction of 25% in the down payment.

The developer expects these changes to increase cash flow and accelerate development. Customers may also benefit from faster development progress on their properties.

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