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AL-KAREEM CITY
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History
Al-Kareem Lahore
Al-Kareem City in Lahore is a recent addition to the city’s real estate landscape, offering contemporary amenities at budget-friendly rates. These facilities are integral to a modern luxury society, making it a comprehensive residential scheme. The developers have thoughtfully allocated a substantial area for green spaces, including parks, enhancing the allure of Al-Kareem City Housing Society Lahore as a truly opulent and well-equipped community.
About Developers
Al-Kareem City is a brainchild of Al-Kareem Developers, driven by the vision of providing a healthy and luxurious lifestyle. Notably, a significant portion of the land is devoted to a central theme park, catering to the leisure needs of residents of all ages.
Al-Kareem City NOC Approval
This project has earned approval from the Housing & Physical Planning Department of the Government of Punjab, substantiated by reference number DG/HSPP/TPS/83/517.
Al-Kareem City Lahore Location Map
Strategically positioned on Main Raiwind Road, Al-Kareem City is just a short 3 to 4-minute drive from the Thokar Niaz Baig Interchange. The neighborhood boasts proximity to well-regarded areas such as Maryam Town, Bahria Orchard Lahore, Kings Town, and GC Housing Society.
Al-Kareem City Master Plan
Though relatively new, Al-Kareem City has been meticulously planned to rival the top housing societies in Lahore. The master plan focuses on enhancing natural features and includes vital infrastructure elements such as a public transport network with strategically located stations and a Central Boulevard. The society offers a variety of thoughtfully planned residential and commercial plot categories and sizes.
Blocks in Al-Kareem City Lahore
- Abu Bakar Block
- Usman Block
- Umer Block
- Ali Block
- Overseas Block
- Al Raheem Block
Plots for Sale in Al-Kareem City Lahore
Residential Plots: 3 Marla, 5 Marla
Commercial Plots: 2 Marla (Main Boulevard), 2 Marla, 4 Marla
Al-Kareem City Lahore Payment Plan
Currently, Al-Kareem City offers 3 Marla and 5 Marla residential plots and 2 Marla and 4 Marla commercial plots with monthly installment options. The payment plan for residential plots spans over 3 years, while commercial plots follow a 3-year installment plan. Plots can be booked with a 25% down payment, with the remaining amount payable through easy installments.
Documents Required for Booking
Following documents are required for booking for Al-Kareem City Lahore:
- 3 passport-size photographs.
- 1 id card copy of owner.
- 1 id card copy of nominee.
Facilities & Amenities
- Gated Community
- Parks
- Community Centers
- Commercial Markets and Malls
- Restaurants and Hotels
- Bab-e-Kareem, a stunning main entrance
- An 80 Feet Wide Main Boulevard
- A Well-Connected Network of Roads
- Grave Yard
- Masjid (Mosque)
- Sports Complex and Fitness Club
- School and Hospital
- 24/7 Security to ensure the safety and peace of mind of residents.
3.5 Marla Residential
(3 Year Monthly Installments)
| Down Payment | Monthly Installment | After 06 Months | Balloon Payment (1st Year) | On Possession | Total Payment |
|---|---|---|---|---|---|
| 590,000 | 29,500 | 100,000 | 125,000 | 1,098,000 | 3,475,000 |
2 Marla Commercial
(3 Year Monthly Installments)
| Down Payment | Monthly Installment | Balloon Payment (After 06 Months) | Balloon Payment (One Time) | On Possession | Total Payment |
|---|---|---|---|---|---|
| 1,500,000 | 40,000 | 250,000 | 625,000 | 1,435,000 | 6,500,000 |
4 Year Monthly Installments
| Plot Size | Booking | On File Submission | 48 Monthly Installment | Half Year Payment | Possession | Total Price |
|---|---|---|---|---|---|---|
| 3 Marla | 395,000 | 125,000 | 17,000 | 108,000 | 600,000 | 2,800,000 |
| 5 Marla | 495,000 | 150,000 | 32,000 | 148,000 | 935,000 | 4,300,000 |
3 Year Installments
| Plot Size | Booking | Quarterly Installment | Half Yearly Installment | Balloting | Possession | Total Price |
|---|---|---|---|---|---|---|
| 03-Marla | 375,000 | 51,000 | 130,000 | 300,000 | 383,000 | 2,450,000 |
| 05-Marla | 475,000 | 90,000 | 200,000 | 450,000 | 450,000 | 3,850,000 |
4 Year Installments
| Plot Size | Booking | Monthly Installment | Half Yearly Installment | Possession | Total Price |
|---|---|---|---|---|---|
| 04-Marla Main Boulevard | 1,500,000 | 100,000 | 500,000 | 1,700,000 | 12,000,000 |
| 04-Marla Inner Side | 1,200,000 | 90,000 | 400,000 | 1,280,000 | 10,000,000 |
4 Year Installments
| Plot Size | Booking | Monthly Installment | Half Yearly Installment | Possession | Total Price |
|---|---|---|---|---|---|
| 05-Marla | 2,700,000 | 125,000 | 750,000 | 1,800,000 | 16,500,000 |
Residential
(36 Monthly Installments)
| Size | Booking From (PKR) | On Installment | On Cash 5% Discount |
|---|---|---|---|
| 3 MARLA | 250,000 | 2,230,000 | 2,118,500 |
| 5 MARLA | 350,000 | 3,500,000 | 3,325,000 |
| Plot Size | Booking | Balloting | Monthly Installments | Half Yearly 6-Installments | Possession | Total Price |
|---|---|---|---|---|---|---|
| 3 Marla | 250,000 | 150,000 | 15,000 | 125,000 | 540,000 | 2,230,000 |
| 5 Marla | 350,000 | 250,000 | 25,000 | 200,000 | 800,000 | 3,500,000 |
Note:
- PKR 5,000/- PROCESSING FEE FOR 3 MARLA’S
- PKR 10,000/-PROCESSING FEE FOR 5 MARLA’S
3 Years Installment Plan
| Plot Size | Total Price | On Booking | Confirmation | Processing Fee | 30 Monthly Installments | 5 Half Yearly Balloon Payments | On Possession |
|---|---|---|---|---|---|---|---|
| 02 Marla | 7,700,000 | 700,000 | 400,000 | 30,000 | 27,500 | 770,000 | 1,925,000 |
| 02 Marla (Main Boulevard) | 11,000,000 | 900,000 | 450,000 | 30,000 | 46,667 | 1,100,000 | 2,750,000 |
| 04 Marla | 17,600,000 | 1,100,000 | 500,000 | 50,000 | 93,333 | 1,760,000 | 4,400,000 |
Note:
- Payment should be made through P.O/D.D/Cross Cheque in favor of “Alkareem City Pvt Ltd.”
- 10% extra amount will be charged on Corner / Park facing / Main boulevard Plots.
- 5% Discount will be given on lump-sum payment.
- Possession of Plot will be within 1 year.
- Post dated cheques against all installments will be taken in advance.
- Availability of Plots will be on First Come First Serve Basis.