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Lahore Real Estate Hot Property Debate Topics April 21 2012

April 22nd, 2012 admin No comments

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474)
Javid


City & Country: -

Monday, April 2, 2012 11:45 PM PST Reply:

Factual Facts and real price of DHA-9 Dear Friends

In one of the add bellow ref.58235 10 marla plots in DHA-9 are on sale and prices are around 40 lac. DHA Town Lahore Phase 9 Near A 170 @ 40 Lacs 10 Marla On Installments DHA Town Lahore Phase 9 Near D 1098 @ 38 Lacs Instalments (10 Marla) Now if 10 marla plots are 40 lacs What should be the price of 1K allocation file price in DHA-9.

Am I right if I say 1K allocation file in DHA-9 should be 35lac at-least .

Illogical comparison replied on Monday, April 2, 2012 11:55 PM PST The comparison is not logical. 10 marla plots are actual plots with a definite location. Phase 9 files are without any specific location, it can be adjacent to ganda nala, or some village. Moreover 10 marla plots development will be complete in next about 2 years. Whereas phase 9 will compltete after a minimum of 8-9 years

Illogical comparison replied on Monday, April 2, 2012 11:59 PM PST Plz dont forget there are 4 big villages in the phase 9 area and there are big chances that the plot will be close to some village

jk replied on Tuesday, April 3, 2012 01:19 AM PST Dear Illogical Comparison Don’t you think if 1K allocation file was a plot with location it should have been double (10marla x 2=1k and ie 40×2=80) 80 lacs and not 26.60 lacs as price of DHA-9 today. This is 1/4 of the over all value therefore your statement has no logic neither makes sense. It is repeated said that DHA-9 is far off from Hadiria drain and if one is lucky enough to have a plot close to DHA-5. Will it not be jack pot ? I believe it is a great opportunity and one should not miss out specially the one who have no capacity to buy but believe on luck. Surely there is no lose and it is a win win deal.

dr Khan replied on Tuesday, April 3, 2012 04:19 AM PST I dont understand what are you guys upto. Time will decide everything. If you have already invested in DHA 9, then relax. And if you have not, still … . relax my friend. It is not end of the world

IB replied on Tuesday, April 3, 2012 11:53 AM PST Dear Mr. JK. How you can say it is far from Hadiara drain. Please see the map. On of the boundaries of phase 9 is by this drain. Moreover what about the villages. One very big village (Kamahan ) with atleast 1 lac population and many smaller villages in this area

yusha replied on Tuesday, April 3, 2012 12:07 PM PST What was the price of the File before the stamp duty impossed (A year back or so)??

yusha replied on Tuesday, April 3, 2012 12:23 PM PST Hi All, Village Kamahan and Hadyara Drain, you are talking about is outside the Phase-9 as per the map.. Everyone You can verify from the map?? Tell me what will happen to those societies that are inside the Phase-9????

jk replied on Tuesday, April 3, 2012 12:50 PM PST Dear Aslam,IB & yusha, I will say good luck and buy after balloting. My suggestion is for those who believe DHA-9 is good buy today and have faith of LRE recommendations.

Lahori Baba replied on Tuesday, April 3, 2012 12:51 PM PST How many plots could face villages? Out off 20000 plots in DHA 9 fot civil and mil combined may be only 200 to 300 max plot will have village on their back or face thrm. No chance of single plot be located facing ganda as all land on facing ganda nala is sold today at 3 times more of DHA 9 todays file price. Only an idiot will make a file of dha 9 for his facing ganda nala land and sell it 3 times lower than going rate of commercial & industrial land that facing ganda nala. The facing nala land is most sought after land in this area. No scary posts here will help. You cant and will not get DHA 9 at lower. Buy before it hits 30 to 35 lacs in comming days and weeks. Ballot in 9 to 12 months. Mil application in progress.

yusha replied on Tuesday, April 3, 2012 01:11 PM PST My question is still unanswered that WHAT WILL HAPPEN TO THOSE SOCIETIES THAT ARE INSIDE THE PHASE-9 AREA..???

jk replied on Tuesday, April 3, 2012 01:31 PM PST @ yusha will remain there as State Lief Air Avenue and Park View are remain within area But DHA isolate them selves with boundary wall.

Khan replied on Tuesday, April 3, 2012 01:33 PM PST @ jk & Lahore Baba, Your view points are very clear with sincerity but most of the people do not understand and have no trust no others.

dr Khan replied on Tuesday, April 3, 2012 01:49 PM PST @Yusha, the societies inside ph 9 will remain there, not as part of DHA because those have not been developed according to DHA standards.

Love Pakistan replied on Tuesday, April 3, 2012 03:01 PM PST There will be no plot facing Ganda Nala because the boundary is accupied by villages & industries and more over there will Ring Road SL inside Ganda Nala. People are saying 10M will be developed in 2 Years but 1K will be in 8 years keeping in view Balloting of 1K maximum in one year… Price will never down with these logics.

LRE Hot Topics replied on Tuesday, April 3, 2012 11:14 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

473)
Irfan


City & Country: -

Monday, April 2, 2012 12:06 PM PST Reply:

Aslamoalikum, Brothers apologies topic not being related to real estate but I noticed few friends from Saudi arabia and have a query How difficult it is to sponsor mother on visa in KSA, my mother age is under 60 and currently in Dubai but will be moving to KSA under new Job and wish to keep my mother with me? Regards,

Naseem replied on Monday, April 2, 2012 12:14 PM PST Dear Irfan, It largely depends on your occupation on residence permit. For example, a Doctor will be allowed to have his/her mother on visa in KSA. Otherwise it will be close to impossible.

just visitor replied on Monday, April 2, 2012 12:49 PM PST Dear Irfan, all the technical visa holders and professionals like doctors , engineers,accountants, can bring their parents on visit visa. initially the visit visa is granted for one month but you can extend it every month till 6 or seven months easily. only in hajj days they dont extend the visit visa. in some technical trades they only allow mother to come on visit visa but not father. but that is also possible if the company has good reference inside the ministry of interior. hope it will help. regards,

Irfan replied on Monday, April 2, 2012 01:08 PM PST My borother who is moving to KSA title will be “Technician” though he is engineering. I was wondering that Residence Visa similar to Dubai, but it appears it may be difficult? My mother is Widow, can they accept on these grounds? If anyone have gone through the process of Residence visa for parents and can share. Thanks

LRE Hot Topics replied on Monday, April 2, 2012 07:43 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

AHM replied on Monday, April 2, 2012 08:20 PM PST Technician is not allowed to keep his parents with him but you might have seen the news today in Yahoo maktab that there are some reforms expected in Saudi Expt Laws in next few months which will allow anyone to keep his ‘family’ with him. God knows…….

472)
UnRealisticPriceOfPhase9


City & Country: -

Monday, April 2, 2012 12:01 AM PST Reply:

OK, i apologize to all DHA9 lovers … i may be bit rude but i tried my best to give my opinion to common people … I sold my file at 23.6 and i was expecting to buy one again at 18.5 … But with current price i think i made a mistake … it can maximum come down to 24 now

… still i believe that DHA9 file price is unrealistic … It should trade at 21 to 22 lacs max. ..

guest replied on Monday, April 2, 2012 09:27 AM PST shame on you , if the price is UnRealistic why didn’t you sell your file for 21 lacs. Just for your own benefit you was comment negative about DHA9, Not for honest analysis.So you can that for cheap price and sell that again for higher price. YOU SHOULD BE BANED FORM THIS FORUM.

Khan replied on Monday, April 2, 2012 12:10 PM PST Dear UnRealisticPriceOfPhase9 You made a mistake by selling your file for a minor profit. The present prices of DHA9 is mechanism of demand and supply. I do not expect that its price will come down to 21 to 22 lacs as now no other options left for investors or people who want to have plot in DHA for house building.

stn replied on Monday, April 2, 2012 06:24 PM PST Sir for dha9 file dont think profit or loss of 2 or 3 lacs.Go for long term investment and u ll be rewarded.

LRE Hot Topics replied on Monday, April 2, 2012 07:43 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

471)
Shafey Tehseen


City & Country: -

Sunday, April 1, 2012 08:43 PM PST Reply:

Dear All, Jazak Allah, please help me out. I reside in Lahore while my permanent residence in Sahiwal. I want to buy plot now and to build it later on might be after 4-5 Years. I have budget 20-30 Lac. I am thinking Bahria Town being on Multan Road as I need to travel Sahiwal fortnightly. DHA Phase-9, Lake City and ICON Valley are also in my options. Little confused, need you brothers’ guidance to comment which one would suite my travelling as well as calm, peaceful and secure. Allah bless u all.

jk replied on Sunday, April 1, 2012 09:07 PM PST Brahia is a VERY GOOD choice in your scenario and there is no need to get confused It is ideally good apart from away from Lahore but it is a plus for you being toward Sahiwal. Good ahead good luck.

bas replied on Sunday, April 1, 2012 09:52 PM PST Eden Value Homes will be the best choice as it is at Multan road and nearest to Motor Way.

Khan replied on Sunday, April 1, 2012 11:21 PM PST Dear Shafey Buy one kanal plot in Lake City, here you can develop your house whenever you want but DHA9 needs at least 6-8 years to develop. Allah knows the best.

Saeed replied on Monday, April 2, 2012 10:57 AM PST Dear Shafey, If your choice of location is based on “Sahiwal” and not the convenience of your kids education and future needs then you may start regretting very soon. You need to be as closer to Lahore city as possible. Kep in mind the rising cost of living and commuting when jobs and educational institutions will mostly be 20km away in case if u choose to live in BT or any other society around it.

Irfan replied on Monday, April 2, 2012 12:39 PM PST After the opening of lahore ring road it takes almost the same time to reach Babu sabu interchange from Bahria town and from Dha. And in near future it might take more time for to/from Bahria town once the road to/from Barhia gets more clogged with more people settling in currently empty housing schemes between Bahria town and Thokar/motorway. Even now it takes a lot of time to reach BT using Multan road. Canal road is faster but only till the societies on canal road are not populated. After 5 or 10 years the distance from thokar to Behria will become more than 30 minutes especially during school or rush hours. Distance matters a lot and even few KM extra every day is a big cost to pay over and over again in the form of value of fuel, time, maintenance and polution & noise that you have to suffer from through the city roads.

Shafey Tehseen replied on Monday, April 2, 2012 05:40 PM PST Dear all, thanks to all for the quick guidance. I impressed with Saeed and Irfan’s approach. I am not in hurry and can wait 6-8 years in developing my dream home. I think its good to go for DHA-9 as it is closer to Lahore City helpful my kids in approaching institutes rather i prefer my travelling concern to Sahiwal. Now, if DHA-9 is the choice, please let me know the total estimated cost to buy 1-kanal with agent fee, stamp duty, agent commission and all other charges. Now a days, AG, CMY are not in picture. I hope they are fine. Inshallah. I guess the estimate from the posts available is (24+2) 26 Lac approx. but I need to know the breakup of other probable charges and whether we have to go through agent, if yes, which one is reliable? What is the difference between buying file & buying plot?

Advisor replied on Monday, April 2, 2012 06:26 PM PST Know the difference between fortnightly traveling and daily local traveling and then decide

LRE Hot Topics replied on Monday, April 2, 2012 07:42 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

470)
mext


City & Country: -

Sunday, April 1, 2012 11:30 AM PST Reply:

I am enjoying this discussion on the forum. Thanks for presenting both the views here on this forum about Phase-9 files. I am an overseas Pakistani living in GCC who bought a Phase-9 1K file recently in Jan 2012 in 24.9Lacs. I am a serious buyer with intention of a long term investment. My friend, a keen businessman in Lahore having a significant amount invested in various phases of DHA Lahore for personal use, recommended this property for investment to me around 18 months back when it was still somewhere near 14Lacs, I took a while to decide and when I decided finally the file price was well above 20Lacs. Why I still found it appealing at PKR 25Lacs + Development Charges (say 15Lacs but keep in mind that this is to be given at a later stage), is because where else in Pakistan you can get in to DHA at this price (i.e. 25Lacs). Before investing here, I checked DHA Karachi, some apartments in Islamabad and some other plots in Islamabad’s private societies and all of them were equal to or much higher than this price that I paid for DHA Phase 9. And then obviously it is DHA and in this materialistic world, brand name does count, so it was better to get a plot in DHA rather than an XYZ Society. My friend advised me at the time of buying that DHA Phase-9 will be balloted after 3 years and possession will be in 7 to 8 years, however if I believe this forum then it is much earlier than that. Anyways, this did not affect my desicion as I was looking for a long term investment. Hope all above will give you opinion of a serious buyer who is interested in building his dream home in Phase-9 at some point in future. However man proposes and GOD disposes. And verily Allah is the best desicion maker. So I leave my affairs to Almighty Allah. Ameen.

sincere advice replied on Sunday, April 1, 2012 12:43 PM PST What are the chances that you will get a good plot. Phase 9 is a big area with lot of villages (One of them Kamahan is very big ) and Hadiara drain also on one side. ALL THE PLOTS ADJACENT TO VILLAGES AND DRAIN WILL BE “BAD LOCATION” plots

jk replied on Sunday, April 1, 2012 01:30 PM PST @sincere advice why are you so negative. mext purchased his plot on good faith and rest left on Allah SWT and surprisingly you are suggesting with if and but. I believe you should re-think and call it sincere advise .

forum reader replied on Sunday, April 1, 2012 02:24 PM PST @sincere advice i don’t know why you guys are creating negative impact about phase 9 files. Let me share my experience, about 2.5 years back i buy dha phase 9 file in 1.5 million after advise of wise man who also guaranteed me if the price did not rose to double after 5 years bring me the file and i’ll buy your file at 3 million. After 2.5 year file price is 2.6 million and is close to 3 millions and i am dead sure it will around 40-50 lac within next 2-3 years. So… do not listen to the guys who create negative rummer. Let me tell Dha phase 5 balloting year 2000 Dha phase 6 balloting year 2003 Dha phase 7 balloting year 2007 Check prices of all these phase… it shows constant increase in price. Do logical research yourself.DONOT listen to WISE GUYS like “sincere advice” I am sure these guys want to achieve their own objective by creating negative rummer about phase 9 file in market. Once again do your research… and take decision.

sincere advice replied on Sunday, April 1, 2012 06:14 PM PST I am not spreading any rumours. What i said was for the benefit of forum members. This is a fact that cannot be denied. Go to Google earth yourself and see there are at least 3 ( and possibly 4 ) villages in the territory of phase 9

amir replied on Sunday, April 1, 2012 07:25 PM PST villages han tu phir kya howa dha promises us to place in dha and we would b placed in dha phase 9 … pind may nahi dal dana unhn nay hamain and plz keep this thing in ur mind dha phase 9 would b the best state of art phase of dha inshallah

Hassan replied on Sunday, April 1, 2012 07:33 PM PST @mext…i agree with your way of looking at the whole situation…ive also bought a file at 25.50…i plan to construct my house in good about 5-6 and decided to buy phase 9 after consulting with many experts and elders….M HAPPY….

and wish happiness for all….. @ forum reader…..you forgot to mention phase 8 ballot in 2010….so looking at the history 2013…phase 9 is next……….

UnRealisticPriceOfPhase9 replied on Sunday, April 1, 2012 08:41 PM PST Hi all, I agree with ‘Sincere advice’ that if you buy at higher price (26+ Lac) + Transfer Charges (1.6 Lac) + development charges (12 to 15 Lac) totaling 40 Lac + and if your plot is ballotted at worst location like near Drain / GundaNala, or away from main location, Its value would not be more than 32 to 38 lac after ballotting like in DHA Phase 7 or 6 some of the worst located plots are currently valued start at 34 or 36 lac max even these phase 5, 6, 7 have been balloted long time ago. I also agree with jk to not to be negative but you should always expect something unexpected and all aspects in mind. To be honest, its not something to be negative about phase 9 but everyone has to be careful while buying especially who has earned /saved the halal money by hard work of their life. For Forum reader, its not something creating negative Rumors about phase 9 file. We are not dearler/broker but just ordinary people of society and by expressing our point of view in favour or against favour of Phase 9. Don’t be offensive if someone express against it especially rapid price increase which make it suspected that price is not original & fabricated or maked up like when a women make up her face, its look so pretty but when wash the face, its back to original/natural beauty. And you would agree that natural beauty is the genuine beauty. Take care…..

jk replied on Sunday, April 1, 2012 10:47 PM PST @ UnRealisticPriceOfPhase9 I would appreciate if you can leave your name and contact, would love to meet a person like you.

asim naseem replied on Sunday, April 1, 2012 11:34 PM PST dear unrealistic price of phase 9 plz stop confusing ppl abt loction of phase 9 ,y dnt u see the phase 7 z block location its the corner of whole dha and the worst location of dha, but rates still stads there and the plot cost there 38 lac and i believe the worst location plot of phase 9 would worth more than phase 7 z block and the goood location plot of phase 9 would worth near phase 5 extanion plot , y u always pick up the negitve points of tthe dha phase 9 well now u did a calculation and trying to throw michee in the eyes of ppl and said phase 9 worth more than 40 , maray bai jab balloting ho ge phir ja kar app ko 15 lac pay karna paray ga and dear at the time of balloting, file ka rate bohat uper ho ga abhee file sirf 26 lac may cost kar rahee ha , dear abhee 26 lac spend kar k app ko dha ensure kar raha ha good lacation plot in dha , and tell me what if a person have only 26 lac , poray dha may kahan app koa 26 lac may 1 kanal milta ha, rest of the money one can arrange till balloting so stilll there is a chance agger kisi k pass 26 lac han aur wo wait kar sakta ha tu us ko abhee ya file lane chahiee reason is its just 26 lac and u r booking a 1 kanal plot in dha all u have to do is wait and u need to arrange the money 4 devolpment charges and plz dat thing is 4 sure dha will cumup wid really good plan 4 dha phase 9 inshallah

asim naseem replied on Sunday, April 1, 2012 11:36 PM PST aur han bai maray ganda nala jis ko app bar bar mention kartay han passes 1 km away from dha phase 9 plz dnt missguide ppl and the kind of working u r doing seems u r a part of mafia who is trying to lowerr its price and trying to get more and more benefit dha plz remember phase 9 is the upcoming project of dha . dats the only option nw

LRE Hot Topics replied on Monday, April 2, 2012 07:42 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

469)
MM


City & Country: -

Sunday, April 1, 2012 11:21 AM PST Reply:

Know where you’re going in life …you may already be there Dear Moderator please keep this message for a while A boat docked in a tiny Mexican fishing village. A tourist complimented the local fishermen on the quality of their fish and asked how long it took him to catch them. Not very long.” they answered. “Why didn’t you stay out longer and catch more?” The fishermen explained that their small catches were sufficient to meet their needs and those of their families. “But what do you do with the rest of your time?” “We sleep well, fish a little, play with our children, and take siestas. In the evenings, we go into the village to see our friends, have coffee We have a full life.” The tourist interrupted, “I have an MBA from Harvard and I can help you! You should start by fishing longer every day. You can then sell the extra fish you catch. With the extra revenue, you can buy a bigger boat.” “And after that?” “With the extra money the larger boat will bring, you can buy a second one and a third one and so on until you have an entire fleet of trawlers. Instead of selling your fish to a middle man, you can then negotiate directly with the processing plants and maybe even open your own plant. You can then leave this little village and move to Mexico City, Los Angeles, or even New York City !!! From there you can direct your huge new enterprise.” “How long would that take?” “Twenty, perhaps twenty-five years.” replied the tourist. “And after that?” “Afterwards? Well my friend, that’s when it gets really interesting, “answered the tourist, laughing. “When your business gets really big, you can start buying and selling stocks and make millions!” “Millions? Really? And after that?” asked the fishermen. “After that you’ll be able to retire, live in a tiny village near the coast, sleep well, play with your children, catch a few fish, take a siesta and spend your evenings enjoying with your friends.” “With all due respect sir, but that’s exactly what we are doing now. So what’s the point wasting twenty-five years?” asked the Mexicans. And the moral of this story is: Know where you’re going in life …you may already be there

Energetic and Enthusiast replied on Sunday, April 1, 2012 05:40 PM PST Funny one. This is not how the world works my friend. If we followed this rule and did everything the same our forebears did, we would still be ploughing with a branch tied to a donkeys tail. As I said, it is only a joke.

Energetic and Enthusiast replied on Sunday, April 1, 2012 05:44 PM PST Adding to the above, if the above was true then none of us would be here posting stuff on the internet.

Zain replied on Monday, April 2, 2012 11:06 AM PST “The dream I chased, took me on a journey. A journey more rewarding than the goals, the achievements.” Shah Rukh Khan Some times we should learn from the people who are only suppose to entertain us.

Khan replied on Monday, April 2, 2012 05:29 PM PST Dear Zain, I do not agree with your statement to learn from such people you mentioned. Our Ideals to learn are ONLY Muhammad (PBUM), Righteous Caliphs, Sahabaas, Tabayeen and Tabba Tabayeens. Please whenever you quote some words, quote the words given by above ideal group. I hope you understand

LRE Hot Topics replied on Monday, April 2, 2012 07:42 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

468)
Umer


City & Country: -

Saturday, March 31, 2012 03:57 PM PST Reply:

As Sallam O Alaikum to my country men. Alhamdollillah before two weeks we went to Baithullah and prayed too much to my country and my people May Allah bless upon our country and our people..aur Allah humain ISTAGFAAR ki toufeeq day… aur humain hindoan, isralion aur amreekion ka sher say ab bacha lay…Ameen. Please guide regarding development charges installment of DHA Lahore Phase 8, last date is 31 March, if any body pay after 20 days how is this? Jazak Allah

MJM Dammam replied on Saturday, March 31, 2012 04:17 PM PST It is good that you have remarkable feelings for your country and your people. I appreciate. First of all, we should keep our Qibla straight, then blame others for our misdeeds! Based on developoment charges of Rs. 900,000 for one kanal, there is a levy of surcharge by DHA Lahore of Rs. 82.191 per day. In your case, it comes to Rs. 1,644.

Umer replied on Sunday, April 1, 2012 08:37 PM PST Jazak Allah Khair MJM Bahi, Sorry I did not write clearly..Actually every three months development charges installment which is 420,000 have to pay to DHA against one Kanal plot of DHA Phase8. I want to say that if any body pay that installment after due date, is this OK or DHA will impose any panelty? thats it.

Advisor replied on Monday, April 2, 2012 06:45 PM PST Our own upper class is more dangerous than isralis, amreeki and hindoos. You should have prayed rightly.

LRE Hot Topics replied on Monday, April 2, 2012 07:42 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

467)
Mubarik ali


City & Country: Lahore

Friday, March 30, 2012 05:49 PM PST Reply:

Some people are intentionally criticizing DHAPhase 9 one kanal file Salamz to all, I feel on this forum some people are intentionally criticizing DHA Phase 9 one kanal file with the subject of Unrealistic price of phase 9. Yes I do respect for personal feelings but they start criticism when somebody talks positive for Phase 9. I don’t know what pain they are feeling

majid replied on Friday, March 30, 2012 05:54 PM PST satta is main cause.as people know that prices are artificially increased.

Haris replied on Friday, March 30, 2012 05:58 PM PST if artifically increase , if anyone in profit sale it.why create rumors

UnRealisticPriceOfPhase9 replied on Saturday, March 31, 2012 10:44 AM PST Dear Mubarik Ali, Please see both sides of picture, you can not say one thing is good because all brokers/property dealers are saying go and get & spend on phase 9 file. Think about it from your own mind and heart why prices increase so rapidly in days/weeks where see country’s current situation. Majid & Haris are right its few people’s game who have loads of money to invest to increase the price artificially and fabricate in a way people like me & you say, oh go and get it otherwise, we will miss the train.. That’s shame to buy at unrealistic price. Don’t worry, its same story what what happened few years when price went up to sky at 45 Lac but came back to normal i.e. 14 Lac and its fair enough if it reaches at 20 lac gradually in couple of months but its alarming and worrying if price goes up that quickly what has been happening during last few weeks. I would love to buy file/plot in DHA only its good time, otherwise, stay calm and keep your money in your pocket unless good time comes. Even, we don’t buy / invest in Phase 9 file, its not end of world. Its better to regret to not buying it rather regretting to loose money by buying at high/unrealistic price and get lost of that price in future. God Bless you all.

MS replied on Saturday, March 31, 2012 12:26 PM PST @ UnRealisticPriceOfPhase9 , On this Forum Majority of The Person Says that It is worthwhile to buy Phase 9 even @ 26 Lacs plus with logical and solid reasoning then how can you still criticizing Phase 9 rates.If you thought that prices of phase 9 are unrealistic,then nobody force to buy.How could you use words like ” That’s shame to buy at unrealistic price ” If you are smart and has care of your hard earned money, then others has same care of their hard earned money.I think ,you missed the train and regretting not to buy @ 13 lacs.and telling us story ” The Grapes are Sours”

pp replied on Sunday, April 1, 2012 01:30 AM PST hello friends i live new york i bought a file at pk 1800000lack at that time.it was us 32000us dollars for exmple.if i calculate know its 2900000lack.i think thats why its going up.i still think its a good buy.no hard filling please mr.unrealistic u can keep your money in your poket n think u r saved.no… to me you r loosing every day.i think u did miss the train……….i bought it was my dicision i dont blam no one.i was happy when it was 1300000 n i am happy know also n i am not going to sell it …..good luck

EuPakistan replied on Sunday, April 1, 2012 02:48 AM PST Hi Mr./Mrs.PP, I’m not sure if you have been living really in English speaking country like USA (New York) where you spell wrongly ‘NOW’ as ‘know’, ‘feeling’ as ‘filling’, ‘Pocket’ as ‘poket’. Anyway, I live in Europe and bought a file of one Kanal of DHA Lahore Phase 9 during first quarter of 2011 in Pak Rupees 1,480,000/- (Rupees Fourteen Lac and Eight Thousands) when One Euro was equal to Rs.121/- So total file price in Euro was 12,231/-. Now price of same file is Rs.2,600,000 (Rs.Twenty Six Lac) and current exchange rate of one Euro is equal to Rs.120/-. So Rs.26 Lac is equal to Euro 21,666/- Did you see above the difference in price both in Pak Rupees and Euro currency in one year especially starting from January 2012. I’m not an economist but could handle simple arithmatic. So, do you still think its because of Currency, not I don’t think so. I’m not sure but my feelings are its just involvement of some Satta baaz etc. God Bless Ya.

LRE Hot Topics replied on Sunday, April 1, 2012 03:22 AM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

Alvi replied on Sunday, April 1, 2012 03:42 AM PST People do speak and write wrong English even they are living in USA, I myself lived my entire life in N. America I still speak and write wrong English with wrong spelling. Mr. EuPakistan I don’t think you are living in Europe if so then you will not explain all this to us because may be you have not met Spanish or Hungarian those who are living in UK and even they are citizen of that country but still speak very broken and wrong English. My own sister is Canadian but speaks very little English. Thank you to all for not criticizing for nothing.

Usman replied on Sunday, April 1, 2012 10:46 AM PST I wonder why is everyone so keen to discuss/expose where our fellow members on this forum live in. No doubt it’s a highly complexed society that we live in!

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UnRealisticPriceOfPhase9


City & Country: -

Friday, March 30, 2012 12:12 PM PST Reply:

One of brother M.Abid from German has commented on DHA Lahore Phase 9. I’ve few comments on that. I’M SURE IF YOU HAVE BEEN LIVING IN EUROPE FOR LONG, YOU WOULD KNOW THE PROPERTY DEALER/INVESTOR/CONSTRUCTER have been in deep loss since 2008. We should talk about in general rather for particular or two / three cities/countries like Germany, Holland or France etc. These are the countries which have not been hit hard by recession due to their best Economic Strategies they used to handle recession. You can’t compare the most developed three countries with under under developed country’s property business in Pakistan. Did you not know America and rest of European Countries especially UK, Ireland, Greece, Spain, Italy etc. are still in deep recession particularly Ireland and Greece have already been bailed out by IMF due to bad & blind investment and management of property business. I’m not sure why did you not check the statistics of these countries about property prices before commenting above. O.k I will tell you now, Property prices in UK, Ireland, Greece are at nearly half the price what it was in boom time in 2004, 2005, 2006, 2007. Even the current property prices are that low but still there are no buyer in the market because they can’t afford it as people have no job or money. So do you think they spend money/savings on property business like what you are thinking or referring others. You might have millions of Euros that you can think of investing money. Goodluck… How can you say property prices didn’t fall during crises period in Europe / USA, above European countries are the examples for that. I’ve mentioned already in my previous post that its best to invest in property if you can spare your money for atleast 10 years by not buying at high prices like what is now happening with 1 Kanal file of DHA Phase 9 that has high risk of loss. Another supporting point for my concern here is that in Property boom time in Europe, people thought to invest in property business regardless what high price they were buying for because they saw prices were getting higher and higher. People bought even two to four houses having greed in their mind like they bought it at e.g. 500,000 Pounds or Euros and will sell it in double of that price in couple of years time but they have been bankrupted now as they have no money to pay it back to banks or to sell the property because current price of same property/house is nearly half what they have bought in boom time. And banking system in Europe and America has already been collapsed as you know already. So people who would have bought at lowest price back in 2000 to 2003 have already made the profit or even double of what they have bought before recession started. Do you know what I mean? That’s my point to tell others never ever buy at higher price especially when price changes so rapidly whether going up or down. I totally agree with brother Abid to be 100% faith in Allah for any profit and loss in life but there are number of hadith of our beloved prophet Muhammad (peace be upon him) to first do the needful before you leave everything on Allah Mighty Allah. One of Sahabi (Razi Allah Talah Unho) was to leave a hourse outside house/camp and beloved Prophet Muhammad (peace be upon him) asked him have you locked the horse with any locking point on ground but Sahabi said he left it on Allah who look after or save him but Prophet Muhammad (peace be upon him) told him to lock the horse first then to leave on Allah. So point is we should do the needful or think wisely before we say that we leave it on Allah whether profit or loss. Please correct me if I couldn’t describe the Hadith properly. Brothers/Sisters, I’m not an property expert but Allah has given us wisdom to use & spend your valuable money only when you see its worth investing.

MS replied on Friday, March 30, 2012 12:50 PM PST UnRealisticPriceOfPhase9 , I m not seeing DHA Phase 9 Prices are going Down in future @ rapid level ,it will be traded in future @ 25 +. Because there is no files behind left except DHA Phase 9.Before ballot of Park view file and Phase 5 Ext , people have choice either to buy phase 9 or other files.now for buyer of the file there is only one choice that Phase 9.

Naveed Yaseen replied on Friday, March 30, 2012 02:55 PM PST Dear UnrealisticPriceOfPhase9, something is not normal in your posts. The specific negativity for phase 9. And the passion. Good to see someone so passionately dedicating his hours to save others from skyfall! I think you have conveniently ignored (i.e. ‘tajahul-e-aarifana’) some basic facts, like… • Our double-digit inflation rate over last fourty years. Phase 9 price was probably around 17-18 lakhs in beginning 2007. In today’s inflation adjusted rupee that is at least 28 lakh. In other words, even today it is less than 2007 price in inflation adjusted rupee. • Prices of developed phases of DHA Lahore • Prices of other developed, semi-developed and undeveloped agricultural lands near Phase 9 • General prices of anything inhabitable in any large city of Pakistan. Rarely would one find anything below Rs 2.5 lakh per marla even in deepest, narrowest streets of dirtiest slums. • Our childish culture of feeling pride in owning luxurious brands. And feeling face-loss when a friend or relative owns one and we don’t. Ever wonder why many of us are willing to pay for some things lot more their unbranded worth? E.g. 5-star hotels, BMW, Rado, Ray-Ban, Nike, Apple etc. Its unfortunate but that is how many people think about DHA in our society. Rather than making chain of arguments and counter-arguments, lets make the long story short. Lets put our money where our mouth is. You said… > I can bet you, this is not going to happen again for atleast another 10 years that price goes to 45 Lets bet on this. Lets pledge some valuables in legal documents. All transparently in front of this forum. I believe betting is haram but if I win I would donate the won amount to Edhi Foundation.

Khalid replied on Friday, March 30, 2012 03:05 PM PST investment in property and expanses on your children’s education never get wasted . similarly opportunity do not knock at door so often. in an average life span it comes to you maximum 4 time and if you act in time it rewards and if you miss out you keep regretting whole life. An opportunity in shape of DHA-9 has already approached you and if you have missed out it is time to regret now and prices will never ever be so low. longer you let it go higher you have to pay to catch it. Remember DHA-3 was 12 lack in 1995 . DHA-6 16 lacs in 2003 and DHA-9 16 Lacs in early 2011. Now you keep thinking and do not waste you time in proving crow in not black.

CHASN replied on Friday, March 30, 2012 03:38 PM PST Thanks for such an intellectual discussion. Really enjoyed…

Khan replied on Friday, March 30, 2012 03:55 PM PST Dear UnRealisticPriceOfPhase9, You must also be realistic in your views about DHA 9. Please do not misguide others by writing a lot against DHA 9.

Salman replied on Friday, March 30, 2012 04:37 PM PST You can’t compare the situation in Europe with that of Pakistan for following reasons: 1) Very little prevalence of mortgages in Pakistan; hence no banking risk involved. 2) High double digit inflation since last 10 years whereas the prices of property have decreased compared to their original value already. 3) 180 million people with 48% population is below 18; As they grow older their demand for independent houses rise enormously…Genuine Demand 4) Huge number of Overseas Pakistanis believe in investment in Real estate.

Salman replied on Friday, March 30, 2012 04:41 PM PST and point no. 5) Phase 9 is worth a little more than the price of a Honda Civic. In Europe can you buy a 500 square yard plot or future promise of that plot in that value? 6) It is still 1/4th the value of a plot in DHA on which you can start construction today.

LRE Hot Topics replied on Friday, March 30, 2012 11:08 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

ABID replied on Saturday, March 31, 2012 12:37 AM PST Salam to all readers, Bro Unrealistic, thanks for ur comments. Those were good but not complete. Bro if you talk about whole eastern and westeren Europe then you would find some European countries even behind of my lovely country” PAKISTAN “. Specifically people made a lot money in Spain, Greece, Uk and other ur mentioned countries in the sector of real estate. And LOSS you know why people got, because they were greedy. As u said, didnot use their own brain and listened their heart. They just looked others,oh he became millionair why me not. And everyone must know, EVERY RISE HAVE FALL. Its principle of nature not mine or yours. There is also a princple those who think too much THEY ALSO LOOSE. Just win those who act and have trust in ALLAH. Right Pakistan is a poor state but who made it poor you and me too. What we done? also nothing like our politicians. But geologically this moment your state is situated in most IMPORTANT POINT, in the centre of,BEST FINANCIALLY GROWING CHINA, 2nd best fin growing INDIA, Muslims battlefield AFghanistan, Most courageous muslim state IRAN, and Arabian see. Thats why prices will rise in any way even bombs blast, no energy, no security,no roads, no discipline. Our opponants like to keep Pakistan backward but then Pakistan is ALIVE and INSHAA ALLAH will stay ALIVE, Grow and Prevail. Those who are having money let them to invest in property. If someone will buy a file with 25 lac in ph.9 or a plot in Ph.8 would gain INSHAA ALLAH. Rupee is getting down and down so its impossible that an owner will loose in dha. European developed and industrial states are also “TAX STATES” but Pakistan is so called a “TAX FREE” state. No body ask from where money came, how u earned, why u made so big profit, pay tax. There is big risk as bro unrealistic says but not in dha. Why? because people like to have home in some good developed, well knowned and trusted area. Bro unrealistic, Hadith of tieing a camel having concern with security of yourself not with trade. Business is the name of risk thats why is halal otherwise it was also forbidden if was just profit. And if we talk about need, then we shouldn’t loose time to get villas but to pray ALLAH Rabul ALLAMEEN while living in tent and having ramadan whole the year round. But u may live in Villas if all is halal and zakat paid money. May Allah Bless all of us, the muslims. amin and wa salam.

465)
Mian Fawad Ahmad


City & Country: -

Thursday, March 29, 2012 11:39 AM PST Reply:

DHA Town Lahore Phase 9 Plots Price Update

Five Marla Plots Block A Minimum 15.75 Lacs Maximum 21 Lacs Block B Minimum 15.50 Lacs Maximum 22 Lacs Block C Minimum 14.00 Lacs Maximum 20 Lacs Block D Minimum 13.75 Lacs Maximum 18.50 Lacs Eight Marla Plots Block A Minimum 26 Lacs Maximum 28 Lacs Block C Minimum 23 Lacs Maximum 25 Lacs Block D Minimum 23.50 Lacs Maximum 25 Lacs Ten Marla Plots On Installments Block A Minimum 40 Lacs Maximum 41 Lacs Block D Minimum 37 Lacs Maximum 41 Lacs Mian Fawad Ahmad 0302-4489001 Fawad.LahoreRealEstate@Gmail.com

Riz Khan replied on Thursday, March 29, 2012 02:01 PM PST Hi Mian Sb these are plots not files am i right? why these are expensive? what are the installment plans for 10 marla please advice? Regards

Mian Fawad Ahmad replied on Thursday, March 29, 2012 02:17 PM PST Mr. Riz Khan These are Plots Prices Including Development Charges, Development Work 40 % Complete and possession expected end of next year. Ten Marla Installment Plan: Down Payment Rs. 21,45,000/- Each Installment Rs. 270,000/- after 3.5 Month Mian Fawad Ahmad 0302-4489001 Fawad.LahoreRealEstate@Gmail.Com

LRE Hot Topics replied on Friday, March 30, 2012 11:08 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

464)
High Roller


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Tuesday, March 27, 2012 06:42 PM PST Reply:

Once Again…. This was brought up by someone else as well below in the comments about DHA-9, but I want to reiterate here that Army Personel are due their next benefit after DHA Phase 8, its almost 3 years now since last major ballot and its about time (mid – later this year, or early next year) for DHA to get the ball rolling on allocating new plots to cater for these new benefits. So balloting should be coming down the pike pretty soon. I would suggest to stay put and skim the cream of the crop. Stay blessed ya’all!

javid replied on Tuesday, March 27, 2012 07:39 PM PST We highly appreciate your roll of informing people to avail this all time grate opportunity, to buy or invest in DHA-9. You are loud enough and I am sure you are giving recomendation whole heartedly and you will get credit from Almighty Allah. I am fully agreed with you DHA-9 is the best buy and 1k plot will never be as cheap as DHA-9 is today and continuous price hike in DHA-9 is witnessing it each day. Buy and enjoy then and there is grunted in DHA-9

nice replied on Tuesday, March 27, 2012 11:17 PM PST yes this is really nice news

UnRealisticPriceOfPhase9 replied on Wednesday, March 28, 2012 10:07 AM PST Hi High Roller, Javid, What is the source of this news and where is proof for this new? I’ve been hearing this kind of news for the last couple of years DHA 9 balloting will be happening in a year or two but nothing happened. Please don’t spread the news when you have no authenticity or written proof from DHA authorities by saying so & so Army personel said this of that & when you ring and try to confirm this new from DHA authority, they say, there is no date anounce yet. Please post the scanned copy of this news or put a reference of official web link of this news from DHA Lahore Authority. Does that make sense to you? Realistic person wouldn’t going to buy at unrealistic price which is just a high (80% plus)risk of loss. Remember the recent history of Phase 9 started in Musharaf time (number of years ago) when price went upto 45 lac but dropped badly to 14 lac in 2010 & 2011. Imagine, what would have happened to people who have bought at unrealistic price of 20 lac plus. I’m always so sad when see people don’t listen voice of their wisdom Allah has blessed them but see only price increase rapidly. Its simple, when price go up that quickly like it has been happening during last couple of months, definitly price will drop down more than double of its increasing time sooner rather than later. File prices are always fabricated when it increases that quickly which means there is something is behind. Look at Pakistan’s current economy, Security situation, infrastructure, GAS & Electricity & Fuel prices & their availability, DO U THINK its best time to buy at that high, unrealistic and fabricated price when there is no EXACT Date of Ballotting. Apologies if someone don’t agree with but thats what I & other realistic people feel about current file price of DHA 9. Bear in mind to add nearly 2 Lac of transfer etc. charges and 12 Lac of development charges. Thanks & comments are welcomed.

Irshad replied on Wednesday, March 28, 2012 10:34 AM PST Dear UnRealisticPriceofPhase9. I fully agree with you. People are spreading humours that price will go up go up and go up and trying to take undue advantage or hiding their potential interest in order to raise their files’ prices… But they might dont analyze people are educated now, the instable economy as you mentioned no one will look to invest in property right now which will remain barren for five years atleast. Anyone wants to increase his saving can start other lots of business and can make double with his business. Thanks for your eye opening comments. Irshad Ali – Jeddah

Lahori Baba replied on Wednesday, March 28, 2012 10:40 AM PST “when price went upto 45 lac but dropped badly to 14 lac in 2010 & 2011″ If it was 45 lacs in April 2005 why it cant be 45 lacs again. Its lot easier to see it rising to 45 lacs as many weak hearten have already sold it near 15 or 20 lacs. It was 45 lacs in 2005 & with only inflation adjustment It should be priced minimum 70 to 80 lacs today but its at just 26 lacs (Too much under priced). Any thing less dont mean its bad investment. It means there is lot of room to see rise easily. If nothing more price must rise to 45 lacs within next 1 to 2 years.

jk replied on Wednesday, March 28, 2012 10:46 AM PST Dear UnrealisticPriceofPhase9, after watching daily price hipe you are trying for face saving and talking un-realistic like Bangladeshi cricket team. I believe you have ” main na manou” attitude and can even agrue that today it 28th March 2012. it is advised to sit watch monitor a learn it is realestae business and DHA-9. prices of fruit and veg are climing high how do you expect DHA-9 will fall while number of people wanted to shift within and from out side Lahore in DHA

Lahori Baba replied on Wednesday, March 28, 2012 10:48 AM PST Irshad saab did people “spreading humours” also increased prices of DHA 5 6 7 and Bahria town. Please tell me Why prices rose in all those phases sectors schemes too? Cant people see economy Security situation, infrastructure, GAS & Electricity & Fuel price People are used to all this bad news. They think situation cant get any worst than this so they have started to make investments in property now. Also property is the ONLY safest investment any other business is not going to give better return than property.

UnRealisticPriceOfPhase9 replied on Wednesday, March 28, 2012 05:23 PM PST Dear LahoriBaba, Those happy days have gone when people can even invest / buy at the most unrealistic price of 45 Lac and it was a time of property boom throughout the world and property bubble has already been burst few years ago.There’s no point to explain what it was as everyone know those were all fabricated prices during that time. I can bet you, this is not going to happen again for atleast another 10 years that price goes to 45 when most of the developed and under-developed countries are in deep recession. However, I agree, price will go up only when ballot date is announced and development is started which is more realistic or even if price goes to 45 Lac in 10 years, inflation will mark it as it is at 20 Lac at that time. So, no point to buy it now at that high price & then regret yourself in few years time, oh, I wouldn’t have bought at that unlikely price. Well, for your point of “while number of people wanted to shift within and from out side Lahore in DHA”. I, myself was born & grew up in Lovely Lahore & I love its every single thing whether its culture, climate, tradition, education, social life which I would say best place to live in than any other part of Pakistan or even any other part of World. I can write a full book on Lahore but this is not right place/forum for that. I understand people from other part of Pakistan has dream to live in Lahore but where are those people who would have bought DHA 9 file at 35+ Lac or even at 45 Lac more than three years ago, have they moved? Ofcourse, Not, its not that easy to move when DHA hasn’t annouced the balloting date for years. Even if DHA annouces it right today which I don’t think is happing for atleast another 2 years, it will take atleast 5 years to give possission and DHA Ph 9 is far away from balloting date & then Posession / development and so on so forth. I don’t agree with point if prices of vegetable and fruites goes high then property prices also go high. Ofcourse, it does but other way around that to keep this point in mind that very less number of people has ability to afford this price. Best marketing strategy is to sell the product is at reasonable/low price which sells quickly rather keeping that stock it at high, unrealistic and unaffordable price which has more risk to spoil or get it expired depending type of product. Good example is if a fruit/vegetable has special offer/price, it could be sold in hours or even minutes but if its at high price, people only ask the price and went away or buy less than their required quanity which is currently happening in Pakistan where people are forced to buy less quantity because they can’t afford it. Do you think people can still buy property at high price where they have no other reserves to spend on their daily necessity. Another great example which is not common in Pakistan but in Western world, people wait for Post-Christmas Sale which is nearly half or less price of actual marked price before Christmas because they can afford to buy same product or even can buy more products in less then half price of what it was before Christmas. So, point here is the affordability. If 50 people can buy/afford 1 Kanal file at a realistical price between 15 to 22 Lac but if its 30+, only 10 people can afford it only who have enough money. So, you see, rest of 40 people are gone away from property market. Either, they will keep their money saved or invest in other businesses like IRSHAD ALI has mentioned on his comments. It doesn’t matter if we don’t buy the file at this point which is not end of world at this un-realistic price. But I & other people have right to express their thoughts on this forum and I really appreciate the Administrator of this Forum who give us this opportunity to say this bitter truth who might not be liked by some people and its fair enough that they can express their point of view and then its up to reader of this topic to decide whether they still want to invest/buy at this unlikely price. I wish and pray Pakistan will be the best place to live especially the PEACE and Security situation. I also understand People are used to of bad news and can’t get worst what it is now and especially bad management from politicians & Current Government but in Pakistan, always be ready to expect something unexpected which has been happening for the last decades especially during Musharaf & current PP government time. Another point, I don’t agree with “property is the ONLY safest investment any other business is not going to give better return than property”. How can somebody say it where we have seen the property bubble burst in recent past? Do you think people have that bad memory about recent property price fall. I agree with you to little extent its good place for investment only if you have spare money for 10+ years but don’t agree to buy property at unrealistic price which is currently at not good price. Thanks for your time and comments are welcomed.

High Roller replied on Wednesday, March 28, 2012 09:00 PM PST All above, please read as you are suppposed to read….what I said is just a personal opinion based on some facts. Please abstain and refrain from accusation. This forum sure can use some manners and tolerance.

LRE Hot Topics replied on Wednesday, March 28, 2012 09:37 PM PST Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics

Categories: Blog, LahoreRealEstate.Com Ads Tags: Lahore Real Estate, LRE Hot Topics

Pakistan Property News > Karachi Devleopment News :Construction: Rising prices, regulatory hurdles hamper activity

December 31st, 2011 admin No comments

Karachi Devleopment News :Construction: Rising prices, regulatory hurdles hamper activity

For builders and developers, 2011 was marked by slow business, rising input costs, bureaucratic hurdles, land grabbing and harassment at the hands of tax authorities.

According to the International Housing Finance Programme 2008, the housing backlog in Pakistan is seven million units. However, the Association of Builders and Developers of Pakistan (ABAD) – which represents over 700 builders from across the country – say the national housing backlog is expected to have reached up to nine million units in 2011.

“Housing shortage in the country goes up by 300,000 units every year. About three to four hundred thousand housing units are built every year while the annual demand is between six and seven hundred thousand units in Pakistan,” said ABAD Vice Chairman Arif Siddik.

Home financing

ABAD Chairman (South Region) Saleem Kassim Patel says double-digit inflation and high interest rates in 2011 made it impossible for lower-middle class and middle class people to buy property. He said efforts should be made to make home financing affordable, and its procedure less cumbersome, especially for lower and middle classes.

“Commercial banks have developed negative lists vis-a-vis professions of potential customers and the areas where they want to buy property. This practice limits financing options and hurts both general customers and the construction industry,” he said.

Commercial banks provide home financing in big cities only. The House Building Finance Corporation (HBFC), however, operates in over 90 districts of the country. Commercial banks tend to finance housing purchases and avoid new construction finances because of the perceived risk. It is estimated that the average loan size of the banking sector in home financing is nearly 10 times of the loan size at HBFC, as 80% of the latter’s housing finance is for new construction.

Holding the industry back

A significant rise in cement prices increased the cost of doing business for builders in 2011. The 30% increase in cement prices over a seven-month period was in spite of the reduction in the fixed excise duty from Rs700 to Rs500 per ton while the government vowed to do away with it entirely in two years.

The government also decided in 2011 against giving gas connections to new high-rise buildings to control gas shortage in the country. The decision drew condemnation from industry representatives who termed it short-sighted. “All it’ll do is drive away investment. Why is it meant for high-rises only? The ban is simply ridiculous,” Patel said.

There are 15 under-construction high-rise buildings in the country. Seven of them are in Karachi.

With the rise in threats to builders in the form of land grabbing, encroachment, extortion and demolition of site offices, a Crisis Management Cell was established in Karachi on the directives of the federal interior minister in 2011. However, industry sources say the measure wasn’t effective

Tag : bureaucratic, developers, land grabbing , tax authorities, International Housing Finance Programme , Association of Builders and Developers of Pakistan (ABAD) , encroachment, encroachment, federal interior minister, House Building Finance Corporation (HBFC),

Categories: Blog, Pakistan Property News Tags: Association of Builders and Developers of Pakistan (ABAD), bureaucratic, Developers, encroachment, federal interior minister, House Building Finance Corporation (HBFC), International Housing Finance Programme, land grabbing, Pakistan Property, Pakistan Property News, tax authorities

LahoreRealEstate.com.Ads T > DHA Lahore FAQ

November 4th, 2011 admin No comments

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LRE Rates Update


City & Country: -

Tuesday, October 4, 2011 03:06 PM PST Reply:

Lahore Property Rates Update From Lahore Real Estate Oct 04
Lahore Property Rates Update From Lahore Real Estate Oct 04,2011

DHA Lahore Allocation Files Prices

DHA Lahore Phase 5-Ext File Buyers At 36.50 Sellers at 36.85 Lacs.
DHA Lahore Phase 6 10 Marla Allocation File Sellers At 30 Lacs (Very Rarely Traded)
DHA Lahore Phase 6 1 Kanal Allocation File Sellers At 46 Lacs (Very Rarely Traded)
DHA Lahore Phase 7 1 Kanal Allocation File Sellers At 36 Lacs (Very Rarely Traded)
DHA Lahore Phase 8 1 Kanal Allocation File Sellers At 38 Lacs (Very Rarely Traded)
DHA Lahore Phase 7 10 Marla File If Sellers At 20 Lacs
DHA-8 Lahore Ex Parkview 1 Kanal Allocation File Buyers at 26.50 Lacs Seller(S) At 27.00 Lacs
DHA-8 Lahore Ex Park view 10 Marla Allocation File Buyers at 17.50 Seller(S)At 17.70 Lacs
DHA Town Lahore Phase 9 – 5 Marla Allocation File Seller(S) At 10 Lacs (Very Rarely Traded)
DHA Lahore Phase 9 – 10 Marla Allocation File Sellers At 15.25 Lacs (Very Rarely Traded)
DHA Lahore Phase 9 One Kanal Allocation File Buyers at 19.25 Sellers At 19.50 Lacs
DHA Islamabad Phase 2 Extension 1 Kanal File Seller(S)At 6.55 Lacs.
DHA Phase 9 5 marla newly balloted Installment plots buyers at 16.50 lacs (10 lacs plus 6.50 lacs Profit)
DHA Phase 9 10 marla newly balloted Installment plots buyers at 33.50 lacs (25 lacs plus 8.5 lacs Profit)
DHA8 4 marla own 15 to 30 lacs ( Not many buyers and sellers )
DHA City Lahore 5 marla 9.90 lacs booking is available at 8.40 lacs on installments(You pay 4.4 lacs now and 5 lacs in 6 installments)
DHA City Lahore 10 marla 19.80 lacs booking is available at 17.80 lacs on installments(You pay 7.9 lacs now and 9.9 lacs in 6 installments)
DHA City Lahore 1 Kanal 37.60 lacs booking is available at 34.60 lacs on installments (You pay 15.8 lacs now and 18.80 lacs in 6 installments)

+++++++++ Short Term Market Trend ++++++++

DHA 9 files of one kanal are most sought after. Plots and other files are not able to find many buyer sellers. DHA 6&8 plot holders/investors are waiting for interchange to open asap. Heavy construction activity in DHA 6. Beaconhouse Newlands classes have started.

+++++++++++++++++++++++++++++++++++++++

Lahore Real Estate Offers Confidential Fair Accurate Prices Check Up For DHA Phase 5 6 7 8 And All Other DHA Phases Bahria town State Life or Central Park NFC Park view Villas Multan Rd and other schemes where Lahore Real Estate deals. Its A Completely Free Service Offered To All Visitors Of Lahorerealestate.Com Please Send An Email To Lahorerealestate@Gmail.Com Or Sms To 03224009967 To Know Exact Worth Of Your DHA 5 6 7 8 Plots. A Single Call To Lahore Real Estate For Price Check Before You Buy Or Sell A Property From Other Dealers Or Your Friends And Relatives Could Save You Rs 25000 To Rs 3000000.

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Lahore Real Estate Pvt Ltd is Registered/Authorized Dealer (DHA Lahore, DHA City Lahore, State Life Lahore, Divine Developers, Bahria Town, Urban Developers, Park View Villas Multan Road And Many Others). We are dealers of property dealers and serve large and small clients with same honesty and hard work. Please Note Lahore Real Estate Have Only One Office At 98-Y Commercial, DHA Phase 3 Lahore In Front Of DHA Head Office And Don’T Have Any Affiliations Or Branch Offices. Due To Our Hard Work Honesty We Have Made Good Name In Market since we opened office in 2005. Beware Of Fraudsters And Copycats Estates Trying To Use Our Name or Look Alike Web Pages And Email Addresses Etc.

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Cell 03224009766

Email: Lahorerealestate@Gmail.Com And Lre786@Gmail.Com
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http://www.lahoreestate.org/contact-us

jkreplied on Tuesday, October 4, 2011 04:36 PM PST

I believe the DHA-9 will be way over 25 lakhs by the end of this year.

What do you think ? please comment :

Investorreplied on Tuesday, October 4, 2011 05:34 PM PST

Two DHA 9 files are equivalent of paying appx 35 Lacs for one Acre (8 kanals) of this prime land next to DHA phase 4, 5 and 6. Average Acre price in this area should be between 60 and 80 Lacs. Some less than sixty but other as high as one Crore or above per Acre which is closer to DHA 4, 5, 5 Ext, Askari 11, DHA Town and other prime locations. So it is still extremely cheap at 19.25 Lacs per file = price of 1/2 Acre of land + the processing expenses of middlemen to convert 4 kanal land to 1 file of DHA 9 one kanal.

Keep in mind people demand more than 50 Lacs per Acre for land that is across Hudiarah Drain, across BRB, near Bahria Town, Lake City, Central Park, and other quite remote places outside the city. Land is getting very expensive. The average “thaika” has gone from 10 thousand to 30 thousand in last 4 years. Hence the demand of raw land is increasing along with any files which are issued against that raw land.

Qamar Khan replied on Wednesday, October 5, 2011 07:00 AM PST

I have a file for DHA Lahore phase 9/10 1K which I bought 3 years back. What is the status for this file? Since I see phase 9 every where and no mention of phase 10.

Saqib Sarfraz replied on Wednesday, October 5, 2011 07:38 AM PST

Dear CMY,

I have phase 9 one kanal file and wanted to know are there any fees that one has to pay to DHA when selling a file? I know when i bought it I had to pay about 1 lac for transferring the file in my name so just want to know if there are fees invovled in selling a file.

Qamar Khan – I have already asked this question to CMY and he replied that DHA has renamed 9/10 to just phase 9 and now your file like mine also falls under that.

CMYreplied on Wednesday, October 5, 2011 10:16 AM PST

@ Saqib Sarfraz

Just make sure that you paid the membership fee for that DHA 9 allocation you purchased. If you paid that fee, you do not owe anything further as a seller. For example if you sell at 19.50 Lacs, you will receive 19.50 Lacs minus 1% commission i.e, 19.50 Thousand if the sale is made through LRE (a DHA Registered Dealer).

Saqib Sarfraz replied on Wednesday, October 5, 2011 11:16 AM PST

Thanks CMY for your prompt reply. I would certainly consider you when I will be selling my file or anything esle related to property exchange as I have followed this page of yours for quite a while now and really appreciate your efforts.

Just a couple of more things I want to know
- Can I sell my file while I am abroad(My father in Lahore has the file and can be present at the time of transaction)
- How do i know if i have paid the membership fees or not? I do remember paying about 1.25 lacs in fees when i bought it but dont know whether membership fees were included in that or not as it has been almost 4 yrs now.

Ahmadreplied on Wednesday, October 5, 2011 01:59 PM PST

Yes i have the same question: Can I sell my file while I am abroad(My father in Lahore has the file and can be present at the time of transaction)

—

Some1 plz comment ..

Thanks

DHA Lahore FAQ replied on Thursday, October 6, 2011 12:22 PM PST

Yes it can be done if both buyer seller trust each other 100% and can wait 3 months for transfer to complete.

You will have to sign all transfer docs in Pak consulate or embassy and then send these docs to DHA Lahore office. DHA will than resend these docs back to same consulate or embassy once again for verification.

Tags: DHA Lahore FAQ, DHA Lahore Transfers FAQ

Ch Mujahid Yasin ( CMY )
03224009967

JAreplied on Thursday, October 6, 2011 08:24 PM PST

I have a plot in DHA PHASE 7 secter V near main park in 900 series. It is out side the village but it is in the vegitation as shown in the map image. can u please tell me its current development status and possible price. THANKS

14361)
Shahid Javed


City & Country: LAHORE

Thursday, September 29, 2011 10:01 PM PST Reply:

PRICE
Dear CMY Sb

The price of phase 5 ext gone up very quickly,now within 2-3 days has fallen down aprox 2 lackh.
Pls advise reason of falling the price,while as per trend and ballot news of in dec 2011 it shoud had risen more,but is falling down pls give your valuabel comments.Thanks

Imran Butt replied on Thursday, September 29, 2011 10:48 PM PST

What goes up….must come down.

DHA Lahore FAQ replied on Thursday, September 29, 2011 11:10 PM PST

After sudden rise of 8 lacs price correction will be natural due to profit taking and few people getting out after having good price for the file after many years.

Tags: DHA Lahore FAQ

Ch Mujahid Yasin ( CMY )
03224009967

Funnyreplied on Friday, September 30, 2011 05:00 AM PST

Profit taking ouch is it PSO or OGDCL share????????

Transfer and other almost is about 1 lac, strange profit taking

ergonomistreplied on Friday, September 30, 2011 08:26 AM PST

Supply n demand…. simply put….. that is why there are spikes, retracement, and correction….these files are commodities just like any other financial market instrument which gets traded with a buy and sell side…does not necessarily has to be a stock to show this type of behavior…..its a pattern and cycle that every commodity follows…..gold, silver, oil, wheat, sugar, rice, coal etc….

JJreplied on Friday, September 30, 2011 02:05 PM PST

It’s also called a breath taking and this will test 40 Lacs INSHALLAH once balloting will announce or before.

14360)
adnan


City & Country: -

Wednesday, September 28, 2011 11:02 AM PST Reply:

important question
Dear CMY

Good day

Kindly advise if the transfer is done in DHA office with picture taken of both seller and buyer and
the transfer letter issued to the buyer

is it 100% safe or still any fraud can take place in documents

DHA Lahore FAQ replied on Wednesday, September 28, 2011 11:22 AM PST

Adnan sahib DHA Lahore is a military run project. On duty Brig is in charge here. You are 100% safe after having transfer inside DHA Lahore head office. For the money you pay as transfer fee DHA Lahore office protect your rights as a buyer.

Tags: DHA Lahore FAQ, DHA Lahore Transfers FAQ

Ch Mujahid Yasin ( CMY )
03224009967

adnanreplied on Wednesday, September 28, 2011 11:29 AM PST

thank you so much for your reply

some of my friends told me that he purchased a plot in anormal manner when after many years he contacted DHA for permission to start house they infomred him that the plot was sold on bayana and till the time this matter is not clear DHA can not issue permission and advised the buyer to contact court for this matter

DHA Lahore Transfers FAQ replied on Wednesday, September 28, 2011 11:43 AM PST

We must be missing some thing here. If baina was done before the plot transfer was done than that baina should have been in DHA Lahore file at time of transfer and DHA will not transfer a plot that have baina pending on it. If after transfer some is claiming there was baina on plot than your friend must have done a deal and failed to transfer plot so a purchaser must have taken a court stay order on plot against transfers and constructions.

A court stay order must be on file against this plot that is the reason DHA Lahore may not allow any construction until plot holder clear the matter in that court.

Tags: DHA Lahore FAQ, DHA Lahore Transfers FAQ

Ch Mujahid Yasin ( CMY )
03224009967

adnanreplied on Wednesday, September 28, 2011 11:59 AM PST

This means even after the transfer if any one file a case against your plot DHA will stop the construction

Fahadreplied on Wednesday, September 28, 2011 01:13 PM PST

Ch Mujahid Sb,

Sorry in advance …but i have concern here….you tried to convince the questioner that it is safe becoz on duty brig is incharge here….this ON DUTY brig comes from MAKKA SHARIF?????he is also part and parcel of this corrupt nation…from president to patwari….if army is so honest then how rtd generals can have lavish life style…like musharaf…its tip of iceberg which is visible…sorry again

adnanreplied on Wednesday, September 28, 2011 02:19 PM PST

@fahad
regrets for your email.
Military offrs are also pakistanis and share the same cultural and social values as the rest of the society.
DHA being run by serving brigadier means that strict system of checks and balances is implace and chance of corruption like in LDA etc is less
Except defense the corruption in all the other organizations is rampant rather sponsored by influential ppl in governments
i think all oversea paksitanies we still have lot of faith in what Army is doing and we fully support them when ever they call for help

Fahadreplied on Wednesday, September 28, 2011 07:26 PM PST

@ Adnan
One shoud not feel regretted on reality…instead strive for a change of this rotten system……corruption is corruption rather more or less…. …..i know this so called check and balance is up to major or max col…above ranks are above this CHECK AND BALANCE …cant you see or you dont want to see the rtd generals like zia ul haq, akhtar abdul rehaman , perviaz musharaf and lots more ….their children from where they get money….now time has come to STRIVE for change and eradicate corruption and make this country a true welfare state….otherwise hamari dastan bhi na ho gi dastano main ( God forbid) ….God bless you

Fahadreplied on Wednesday, September 28, 2011 07:29 PM PST

One more thing i want to remind you the biggest corruption in the history of pakistan was in defense deals….try to remember admiral mansoor ul haq

Ali Abbas replied on Wednesday, September 28, 2011 11:19 PM PST

AGREE WITH FAHAD
WHEN THESE GENERALS ENTER ARMY THEY BELONG TO MIDDLE CLASS FAMILIES AND WHEN THEY RETIRES THEY BELONG TO ELITE CLASS.SYSTEM HAS TO BE CHANGE

adnanreplied on Thursday, September 29, 2011 11:56 AM PST

@fahad and Ali
Every one has the right to rise and progress in his life.believe me a fruit seller in front of GHQ earns more money than a General

Army system is such that it recongnise your efforts at the end of the service and give you sime benifits like any other organization.
Junior amry offrs when retire they do not get that much benifits as that of genrral
If Admiral Mansssor has done some thing wrong with the help of Zardari he got punishment due to the system of strict check s and balance which prevails inside Army.
Do you know that 1 trillion dollar worth of assets of politicians are avaiable in europe or america
% of corrution in Army is negligible as compare to any other institution in our country however as said earlier we all share same cultural and social values as other ppl of our society

Fahadreplied on Thursday, September 29, 2011 11:43 PM PST

@Adnan
-Is you comment “every one has right to rise and progress means = join an organization rise, progress and become president????can you compare a fruit seller life with the perks and life style of officers.
-All Govt organizations give same benefits???? like agri land and residential units army give ????
-If admiral mansoor got punishment then wot bout musharaf???why this contradiction????
-Is that a justification of corruption that politicians are 99% corrupt thats y officers are 10% corrupt. System needs to be changed there shud be no sacred cow…..accountability shud be across the board including politicians, genrals, judges, bureaucracy, and all other public office holders….i am hopeful now our youngsters understanding the root causes of country’s decline..they will inshallah bring revolution.
We love our forces and idealize them and want to see them 100% professional and committed…. as we all depend on them for our security and sovereignty.
sorry to de-track the original question…in short there is no guarantee that you are secure from fraud in pakistan..its depends on your luck..

14359)
Waiting


City & Country: -

Wednesday, September 28, 2011 07:20 AM PST Reply:

CMY

I am waiting to buy ph 9/10 files at 15.50 lac, what you think price will drop near future or not.

DHA Lahore Phase 9 FAQ replied on Wednesday, September 28, 2011 10:26 AM PST

It could drop to 15.50 lacs in future or it could be 25 lacs in future. For Now there are more buyers in market and less sellers so chances of price going up are greater than price drop.

Only Allah know what will happen in future. We all could only guess and guess is price will go up as all phases around DHA Lahore phase 9 have gone up 10 to 30 lacs per kanal in price. So its just matter of time when DHA9 will try to match gains of its nearby DHA phases.

Tags: DHA Lahore Phase 9 FAQ , DHA Lahore FAQ

Ch Mujahid Yasin ( CMY )
03224009967

14358)
Waqar


City & Country: -

Wednesday, September 28, 2011 07:09 AM PST Reply:

CMY Sahab,
Can you please give information about

DHA Phase 9 5 marla newly balloted Installment plots buyers at 16.50 lacs (10 lacs plus 6.50 lacs Profit)

How much downpayment have to pay and what is payment schedule/ installment.

when it will ready for contruct a house.

thanks,

DHA Lahore Phase 9 FAQ replied on Wednesday, September 28, 2011 11:31 AM PST

Waqar sahib you will pay Rs 1.5 lacs (That was paid as down payment) plus 6.5 lacs as profit money to seller now. Rest of the 8.5 lacs will paid to DHA Lahore office directly in 8 installments in three years ( That comes to 1.06 lacs each installment).

Tags: DHA Lahore Phase 9 FAQ, DHA Lahore FAQ

DHA Expert replied on Wednesday, September 28, 2011 10:46 PM PST

Own for 5 Marla plot 6.50 Lac is too much and even it is not for ready to consturction for next 5 years, the prices will come down.

14357)
Muhammad Hanif
hanif25832@gmail.com

City & Country: Abu Dhabi UAE

Tuesday, September 27, 2011 04:11 AM PST Reply:

DHA9/10
Dear CYM,
I would like to know the future of DHA Phase 9/10?
Forecast of Balloting?

DHA Lahore FAQ replied on Wednesday, September 28, 2011 10:51 AM PST

One of the most safest and in future most likely highest returning investment.

A purchase here is highly recommended by Lahore Real Estate at current low price.

DHA Lahore FAQ

14356)
DHA INSTALLMENT


City & Country: -

Friday, September 23, 2011 10:49 PM PST Reply:

Dear CMY
Please advise can we pay DHA development charges
by bank transfer ( not by bank draft) direatly to DHA account if yes from where we can get their
bank name & account number
Regards

DHA Lahore FAQ replied on Saturday, September 24, 2011 11:26 AM PST

On line deposit from overseas is not acceptable and not recommended. You must make bank draft in the name of

DHA Lahore Phase # Plot No ####

and send it via mail to

DHA Lahore Head Office
Y Block Commercial
DHA Lahore Phase 3
Lahore

(if possible use courier service to be safe as you will have mail tracking info)

If you need more info call DHA at 042-111-342-547

Tags: DHA Lahore FAQ

Ch Mujahid Yasin (CMY )
03224009967

14355)
Ahmad Cheema


City & Country: -

Friday, September 23, 2011 06:46 AM PST Reply:

I’ve recently bought a plot in phase 8 Lhr. I have to pay remaining installments of developmental charges. I live outside lahore. How can I pay the installments?

KSA _KSA replied on Friday, September 23, 2011 10:49 AM PST

Salam Bhai jee,

Please give it me & I will deposit InshaAllah.

DHA Lahore FAQ replied on Friday, September 23, 2011 12:22 PM PST

Make a draft for

DHA Lahore Phase 8 Plot Number ####

Mail it to
DHA Lahore Head Office
Y Block Commercial
Phase 3
Defence Lahore, Pakistan

Tags: DHA Lahore FAQ

Ch Mujahid Yasin ( CMY )
03224009967

abdul rasheed replied on Friday, September 23, 2011 01:13 PM PST

the most safest way send it into zerdari account.

Ahmad Cheema replied on Saturday, September 24, 2011 07:39 AM PST

Thanks CMY Sahib.

14354)
Parkview Lahore Files Ballot 2011


City & Country: -

Thursday, September 22, 2011 10:07 PM PST Reply:

Parkview Lahore Files Ballot By Dec 30 2011
Congratulation to all file holders. After all these years wait I have very good news for you ballot of Parkview Lahore files will be held INSHA ALLAH by Dec 30th 2011.

I request all friends and visitors please not to sell these files until the ballot is held. Please also collect your allocation letters from DHA if you bought these Park view files against land especially 10 Marla files. Make sure you pay membership fees on your files asap even if you have to travel to Pakistan to collect your allocation letter against files of 10 marla that were issued against the land. If you have an allocation letter and you have paid your membership fee please dont worry you will be in ballot automatically.

All clients or friends are requested to call us to check your file status and to see if your file is upto date. An old Parkview file holders must pay DHA membership fee to make sure they are in the ballot list.

Due to family need I am unable to give enough time to web page. Sorry for this.

Ch Mujahid Yasin ( CMY )
03224009967

Salmanreplied on Thursday, September 22, 2011 11:10 PM PST

Thanks sir,we have been waiting for this good news from a long time.I also confirm this news as a very reliable and trust worthy source told me almost the same news as he said in care ful words that it will be done within 6 months time,be prepared for the ballot,don’t sell your files.Take care every one.

JDreplied on Thursday, September 22, 2011 11:14 PM PST

Thanks You CMY Sb, Although I Have Already Break This News 2 Days Ago. Everybody can check my post, However congratulations to all.

Regards

somanreplied on Thursday, September 22, 2011 11:23 PM PST

cmy bhi
what is the location

DHAreplied on Friday, September 23, 2011 12:00 AM PST

Location is under Phase 7 Q,T,U,X and Y Blocks.

another view point replied on Friday, September 23, 2011 12:19 AM PST

PST
another view point -

Parkview will be ballotted with 5 ext ,hopefully in december 2011.
theres only 1500 -approximately files
and dha has enough land beside S Block of phase 8.
dha is announcing plots of various sizes and categories and also launching Z block of phase 8 .this Z block will accomodate parkview files.
price will fluctuate a lot till the advertisement .
and it will get a huge gain once advertisement /ballotting plan is in the newspapers.
hold your

ANOTHER VIEW POINT replied on Friday, September 23, 2011 12:22 AM PST

LOCATION IS BESIDE S BLOCK OD DHA 8 .

Ali Bukhari replied on Friday, September 23, 2011 01:02 AM PST

Dear CMY;

Is that an indirect confirmation of phase 5 extension ballot in December too? Do you expect those plots to reach atleast 50 lakhs (excluding development charges) after ballot given the prevailing rates in phase 5?

Regards

Shahiid Javed replied on Friday, September 23, 2011 11:43 AM PST

Dear CMY
Thanks for giving and confirming the ballot of Park view files (phase 8 ). What about the ballot of phase 5 ext,will it be also held in dec 2011 this year? Pls confirm,Thanks

DHA Lahore FAQ replied on Friday, September 23, 2011 12:28 PM PST

Shahiid Javed yes Insha Allah DHA 5 ext ballot is also going to be held on Dec 30 2011 or before that.

Tags: DHA Lahore FAQ , DHA Lahore Ballot FAQ

Ch Mujahid Yasin ( CMY )
03224009967

jkreplied on Friday, September 23, 2011 02:40 PM PST

I agreed that most of the out-standing balloting of DHA will be soon including DHA-9

But my worry is when DHA will finish all the resources to generate money what will happen ? They have taken most of the amount from DHA-8 but no development started yet and I hope they are not spending resources of Dha-8 on DHA-6 and similarly why DHA has not touching few sector of DHA-7.

Where development charges of DHA-6 and 7 has gone ?.

If I am right DHA-9 will suffer the most and take much longer period to develop and perhaps as long as never.

Shahid Javed replied on Friday, September 23, 2011 11:28 PM PST

BALLOT OF DHA PHASE 5 EXT
============================
Dear CMY Sb

Thanks for your quick response and giving good news about the ballot.

AAP KAY MUN MAAN LADU.

ALLHA BESTOW HIS BLESSINGS UPON YOU AND YOUR FAMILY AAMEEN.

anjumreplied on Saturday, September 24, 2011 08:29 PM PST

I have a plot in J block and my litigation is pending in lahore high cou

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