Most off-plan payment plans in Lahore are quoted as a headline — “easy instalments”, “3-year plan” — and the actual schedule only appears once you are sitting in an office. This page sets out the whole Sky Lark Tower plan in numbers, for every unit type, so you can work out the commitment before you contact anyone.
Sky Lark Tower is a mixed-use building at 7-E, Etihad Town Phase 1, Lahore, built by SkyLark Developers. It runs lower ground plus ground plus six floors, with 25 unit types across five uses: commercial shops, co-working space, corporate offices, hotel apartments and residences. It is under construction, with possession scheduled for September 2027.
The structure, in one line
Every unit in the building follows the same payment structure. The percentages do not change by floor, by size, or by use type — only the unit price does.
| Stage | Share of price | When |
|---|---|---|
| Booking | 15% | To reserve the unit |
| Confirmation | 15% | Within one month of booking |
| 24 monthly instalments | 20% total | Months 1–24 |
| 4 bi-annual payments | 40% total (10% each) | Every six months |
| On possession | 10% | At handover |
That adds to 100%. There is no balloon payment hidden at the end beyond the 10% possession instalment.
What you pay before the instalments start
30% of the price. Booking and confirmation together are 15% + 15%, due within about a month of each other. Everything after that is spread across the build.
This is the number worth comparing against any other plan you are considering, because it is the real barrier to entry. A plan advertising “36 easy instalments” with 40% due up front is a harder plan than a 24-month one asking 30%.
The entry point: PKR 21.6 Lac
The smallest unit in the building is a 36 sq ft co-working space on the 2nd floor, at PKR 60,000 per sq ft. Total price PKR 2,160,000. Here is the complete schedule for it:
| Payment | Amount (PKR) | Count | Subtotal (PKR) |
|---|---|---|---|
| Booking (15%) | 324,000 | 1 | 324,000 |
| Confirmation (15%) | 324,000 | 1 | 324,000 |
| Monthly instalment | 18,000 | 24 | 432,000 |
| Bi-annual payment (10%) | 216,000 | 4 | 864,000 |
| On possession (10%) | 216,000 | 1 | 216,000 |
| Total | 2,160,000 |
The monthly figure of PKR 18,000 is the part most buyers anchor on. What it does not show is the bi-annual payment of PKR 216,000 landing every six months alongside it. Plan for both.
Every floor, and what it costs per square foot
Rates vary by floor and by use. Ground floor commercial facing the main boulevard is the most expensive space in the building, at more than twice the residential rate.
| Floor | Use | Rate (PKR/sq ft) | Unit sizes (sq ft) |
|---|---|---|---|
| Lower ground | Commercial shops | 40,000 | 169, 186, 223, 289 |
| Ground | Commercial shops, facing main boulevard | 77,000 | 500 |
| 1st | Commercial shops | 44,000 | 210, 212, 275, 400 |
| 2nd | Co-working space | 60,000 | 36, 72, 216 |
| 3rd | Corporate offices | 36,000 | 210, 275, 310 |
| 4th | Hotel apartments | 29,000 | 281, 347, 358, 365, 415, 440 |
| 5th & 6th | Residential apartments | 29,000 | 400, 421, 423, 1009 |
The 3rd floor corporate offices at PKR 36,000/sq ft are the cheapest commercial space in the building — lower per square foot than the lower ground shops, and well below the 1st floor.
Four worked schedules
Representative units across the building, calculated on the same structure.
| Unit | Total (PKR) | Booking (PKR) | Monthly (PKR) | Bi-annual (PKR) |
|---|---|---|---|---|
| 169 sq ft lower ground shop | 6,760,000 | 1,014,000 | 56,333 | 676,000 |
| 210 sq ft corporate office | 7,560,000 | 1,134,000 | 63,000 | 756,000 |
| 281 sq ft hotel apartment | 8,149,000 | 1,222,350 | 67,908 | 814,900 |
| 400 sq ft studio residence | 11,600,000 | 1,740,000 | 96,667 | 1,160,000 |
The full inventory, including every unit not listed here, is on the Sky Lark Tower page, where selecting a floor and unit produces the same schedule automatically.
When is possession, and does the plan run past it?
Possession is scheduled for September 2027, and the 24-month instalment run finishes before it. That matters more than it sounds. A plan that continues past handover means paying instalments on a unit you already hold — common in longer off-plan structures, and worth checking on any plan you compare.
Figures on this page follow the official SkyLark Developers payment plan and are calculated from the published per-square-foot rates. Final unit numbers, availability and documentation are confirmed at booking. Prices can be revised on unsold inventory — ask for the current plan in writing before you pay anything.
Buying from abroad
The plan is identical for overseas buyers. What changes is the mechanics: a registered Power of Attorney for someone acting on your behalf, payment routed from a Pakistani or foreign-currency account, and documentation handled remotely. The process end to end is set out in our guide for overseas Pakistani buyers.
Overseas buyers should also note the Punjab Establishment of Special Courts (Overseas Pakistanis Property) Act 2025, which created dedicated courts for diaspora property disputes with summary procedures. It does not remove the need for diligence, but it shortens the route to a remedy if something goes wrong.
What the plan does not include
The instalment schedule is the unit price only. Budget separately for transfer and registration charges, stamp duty, and any utility or connection charges levied at possession. These are itemised in our breakdown of every cost in a Lahore property purchase.
How to check any off-plan plan before you sign
This applies to Sky Lark Tower and to every other plan you are weighing. Ask for all of it in writing:
- The full schedule, dated. Not the monthly figure — the whole thing, including bi-annual payments and the possession instalment.
- The percentage due before instalments begin. The single most useful number for comparing two plans.
- Whether the plan ends before possession. If it runs past handover, ask why.
- What happens on a late or missed instalment. Grace period, surcharge, and the point at which a booking can be cancelled.
- Approval status of the project and the name of the developing entity, in writing.
- Whether the rate is locked for the duration of your plan, or revisable.
A developer who will not put the whole schedule on paper has told you something useful. Our longer piece on how off-plan payment plans work covers the failure modes in more detail.
“The monthly instalment is the number people remember. The number that decides whether they can finish the plan is the bi-annual one.”
— SkyLark transaction desk
Getting the schedule for a specific unit
Send us the floor and the size you are considering and we will send back the exact breakdown — booking, confirmation, all 24 monthly amounts, the four bi-annual payments and the possession instalment, on one page. Sky Lark Tower is at 7-E, Etihad Town Phase 1, and the site is open for visits six days a week.
Questions this article raises
What is the payment plan for Sky Lark Tower?
Every unit uses the same structure: 15% on booking, 15% on confirmation within a month, 24 monthly instalments totalling 20%, four bi-annual payments of 10% each, and the final 10% on possession. The percentages are identical on every floor — only the unit price changes.
How much do I need to book a unit in Sky Lark Tower?
Booking is 15% of the total price. On the smallest unit — a 36 sq ft co-working space at PKR 21.6 Lac — that is PKR 324,000. A 210 sq ft corporate office at PKR 75.6 Lac requires PKR 1,134,000 to book.
What is the cheapest unit in Sky Lark Tower?
A 36 sq ft co-working unit on the 2nd floor at PKR 60,000 per sq ft, which comes to PKR 2,160,000 (21.6 Lac). The monthly instalment on that unit is PKR 18,000.
When is possession for Sky Lark Tower?
September 2027. The building is under construction at 7-E, Etihad Town Phase 1, Lahore, and the 24-month instalment run finishes before that date.
Can overseas Pakistanis buy on the instalment plan?
Yes. The plan is the same regardless of where the buyer is resident, and the transaction can be completed remotely through an attorney holding a registered Power of Attorney. Payments are made from a Pakistani or foreign-currency account.
Do the instalment percentages change on a larger unit?
No. The percentages are fixed across all 25 unit types. A larger unit changes the rupee amount of each payment, not the structure or the number of instalments.