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84522)   Send E-mail only to  advertisement poster
K M Siddique 
City & Country:
Kuwait
Sunday, July 24, 2016 11:44 AM PST  Reply: >

Advise
Dear Brothers. I am overseas (middle east) and living with family abroad. I have plots Phase 7 Q (near 212 & 800).

Kindly advise shall I start construction on Ph7 plot (which one shall I construct, near Q212 or Q800?).
Who is good designer and contractor?).
OR
Buy 10 Marla, 14Marla, 1Kanal house in Defense Raya (for security reason).

I hope I will get good and kind advise.

Please advise

Ali replied on Sunday, July 24, 2016 12:06 PM PST 

I would say you should start construction on
phase 7 plot. There are more security issues now in GCC/middle-east than in Lahore. So no need to go for Raya.

Flex01® replied on Sunday, July 24, 2016 12:56 PM PST 

Raya construction quality is not good. Strongly suggest to construct one in Q . Do idea which
plot is better location wise for construction.
84521)   
CMY 
City & Country:
-
Sunday, July 24, 2016 10:09 AM PST  Reply: >

Real estate set to win biggest tax amnesty
http://tribune.com.pk/story/1146857/real-estate-set-win-biggest-tax-amnesty/


ISLAMABAD:
The government on Thursday agreed, in principle, to offer the biggest ever tax amnesty scheme in the country’s history, which will whiten a whopping Rs7 trillion untaxed and black money currently stashed in the real estate sector

Finance Minister Ishaq Dar and representatives of the real estate sector discussed the broader contours of the amnesty scheme, which will be implemented by either promulgating a presidential ordinance or introducing a bill in parliament, said a government official. It was the third round of talks in last four days.

Taxing real estate: Govt forms body to address concerns of property dealers

After the talks, Dar told media that the next meeting will be held on Wednesday in which real estate sector representatives and FBR officials will share their respective property valuation rates. “On Wednesday, the two parties will reach a consensus as things are going towards positive direction,” he said.

Real estate sector representatives would bring their own property valuation rates of 18 main cities and FBR officials will share their rates. On the basis of both the rates, valuers will work out ‘consensus rates’. These determinations then will become the base for giving amnesty on past transactions and calculating taxes on future transactions, said the officials.

Dar ducked three repeated questions on whether the government was going to give another tax amnesty scheme and left the venue. It will be the tenth amnesty scheme in the history of the country and the third of the PML-N government in last as many years. The government’s last tax amnesty scheme to traders miserably failed, as it could bring in only 9,090 traders in the net against the claim of over one million.

The need for the tax amnesty scheme arose after the government brought legal changes to determine fair market value of the properties by amending Income Tax Ordinance through Finance Act 2016. However, a move that was initially aimed at capturing actual income gains from the property transactions would end up whitening about Rs7 trillion untaxed and black money currently parked in the real estate sector.

Real estate sector, govt close to breakthrough on controversial tax decisions

The ill-conceived changes in the tax law immediately created two problems, putting a question mark over trillions of rupees transactions carried out till June 30 and the fair market value of the future transactions, said a senior government official who attended the negotiations.

A government official told The Express Tribune that it has been decided that the government would not ask the source of income of the past transactions from investors.

Abdul Rauf Alam, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), said that this issue was not only the issue of real estate and builders associations but it was the issue of every businessperson, industrialist, importer, exporter and bureaucrat.

Since the beneficiaries of the schemes are from all segments of society, the scheme is expected to pass through all the legal obstacles, said FBR officials.

“The big players in speculative business in real estate and capital markets are the beneficiaries of policies of appeasement,” said eminent tax expert Dr Ikramul Haq. He said these big players, in between politicians and corrupt bureaucrats, get their share courtesy a few leading tax experts who in connivance with some stalwart in FBR provide support to tax evaders. Haq added that the whitening of assets by compromise is a great fraud depriving the country of trillions of rupees in taxes.

According to the broader contours of the likely amnesty scheme the government would settle the past property transactions by charging a fixed tax of 4% to 5% of the price differential between the deputy collector rates and the new rates, which will be determined by next week.

Published in The Express Tribune, July 22nd, 2016.
84520)   
Pakistan® 
City & Country:
-
Sunday, July 24, 2016 09:08 AM PST  Reply: >

Test

Hassan Niaz LRE® replied on Sunday, July 24, 2016 09:16 AM PST 

test

Lucky® replied on Sunday, July 24, 2016 11:52 AM PST 

Test

Lucky® replied on Sunday, July 24, 2016 11:54 AM PST 

Test 2
84519)   
Shahzad Feroze 
City & Country:
jeddah
Saturday, July 23, 2016 08:33 PM PST  Reply: >

I have two 5 marla plots in eden garden extensions all dues have been cleared in lump sum but they are not giving possession. Some say they have land issues. please shed some light on it if some one has knowledge about it. I live in Saudi Arabia and know nothing about any thing. Thank you.
84518)   
Rana_Australia® 
City & Country:
-
Saturday, July 23, 2016 07:14 PM PST  Reply: >

Property Advise
Dear Friends ,
I have one plot in Phase 7 which I am selling . The other one in Prism ( facing Golf which I will sell later ).
My Phase 7 plot is being sold at 160 ( plus minus ). Should I reinvest in lahore which is risky because of Ishaq Dar or should I purchase on flat in Sydney CBD ( say 700000 AUD ) . I give 25 % upfront and mortgage rest ? I give the apartment on rent

Please suggest ???

Best Regards
Rana

New replied on Sunday, July 24, 2016 12:19 AM PST 

I think its safe to buy in australia till the dust settles.

MIT® replied on Sunday, July 24, 2016 01:27 AM PST 

@Rana: If you run yr math to calculate it is not worth investing in Australian Flat of AUD 700000 by 25% down payment i.e AUD 175000 plus cost/lending fees of the mortgage etc minimum 5% of the price AUD 25250
comes to 201250 x @ 78.00 AUD/PKR is 15697500, and if you are estimating PKR15500000 sales proceeds with tax deductions it will be further reduced. Even going through this hassle, you still owe 75% mortgage on the Flat, therefore in my opinion with all the risks of ifs & buts still investing in Pakistan Real Estate is much better.

User_6006® replied on Sunday, July 24, 2016 01:40 AM PST 

if your PM not trusted this country how can you , take both
plot money in Australia , get a commercial there and rent out

Jameel Mughal® replied on Sunday, July 24, 2016 01:52 AM PST 

There is no comparisons in real estate growth in Pakistan as Compared to whole world, here the real estate gives about 20% long term Annualized return in terms of Local currency and about 15% in Foreign currency, Below is pasted Global real estate Trends, In Lahore what we gain in one week People don't get in One Year. like Last year my gain in
Lake City were 100% in one Year, this Year My gains in J Block were 80% in last 5 months, during 2011 to 14 My plot in phase 7 Gained 250% and Now in last 2 Monts 30%, In UAE we are standing at almost same level as 10 years Back Reem Islad 2 bed Flat was 1.2 Million Dirhams in 2007 and now also similar price
Better Park your money and re enter once market stabilizes.
These are 10 year Trends in Housings % inflation adjusted gains per years
2007 2008 2009 2010 2011 2012 2013 2014 2015 15Q2 15Q3 15Q4 16Q1
Australia 8.0 -0.3 2.2 8.5 -5.3 -2.1 4.1 6.4 7.4 8.2 9.1 6.8 5.5
Canada 8.6 -3.8 4.6 5.0 3.7 -1.3 4.7 4.6 7.1 8.0 6.5 8.7 14.7
France 4.9 -1.9 -6.3 3.2 3.6 -2.4 -2.7 -2.1 -1.4 -2.4 -1.5 0.1 0.5
Germany -2.5 0.4 -0.7 -0.6 0.5 1.0 1.7 2.2 4.3 3.9 4.2 4.1 5.0
Ireland 2.4 -10.6 -15.0 -11.5 -16.0 -13.0 1.6 12.8 10.9 11.2 9.1 6.8 7.9
Italy 3.1 -0.7 -1.3 -2.9 -2.0 -5.7 -6.9 -4.6 -2.5 -3.0 -2.4 -1.1 -1.2
Japan .. .. -4.6 2.2 0.4 -0.8 1.3 -1.1 1.6 2.0 2.7 1.7 1.1
Spain 6.9 -5.3 -6.4 -3.5 -10.5 -16.8 -10.4 0.5 4.1 4.3 4.9 4.6 7.1
Sweden 10.1 -2.3 3.5 6.8 -0.4 0.3 5.5 9.6 13.2 13.2 13.7 14.1 11.7
Switzerland 1.5 0.9 6.2 4.2 4.2 5.2 4.2 1.8 3.1 3.1 3.0 3.4 2.2
United Kingdom 8.4 -4.3 -9.8 3.8 -5.2 -1.1 0.9 8.4 6.6 5.7 5.6 7.0 7.8
United States -8.2 -16.8 -9.9 -2.4 -6.5 2.6 9.5 5.4 4.9 5.2 4.9 4.9 5.1
Russia 32.7 9.1 -10.9 1.3 -27.0 9.5 -2.7 -6.0 -12.3 -11.1 -13.4 -15.4 -14.4
Brazil 13.2 15.9 19.3 19.0 11.8 6.5 3.0 -1.1 -9.9 -8.8 -11.3 -13.3 -16.0
Chile 2.6 -8.9 1.5 6.0 2.1 2.7 6.3 1.4 4.2 4.6
Colombia 11.4 9.7 4.8 5.6 4.1 7.5 7.5 5.1 5.4 5.7 5.3 8.1
Mexico 3.5 -0.5 0.1 -0.3 0.8 0.7 0.0 0.4 3.8 3.4 5.5 4.4 5.4
Peru 2.3 20.7 13.9 9.3 13.2 17.5 13.7 9.2 2.6 -3.3 4.0 4.8
China 1.9 0.2 1.9 5.4 -1.2 -3.2 3.2 0.6 -5.2 -7.2 -4.8 -1.7 0.3
India .. .. .. 8.5 11.3 13.6 4.1 7.8 8.3 9.0 8.8 4.2 -0.1
Indonesia -4.2 -7.4 -2.6 -2.2 -0.7 0.6 5.3 0.6 -0.8 -1.0 -1.5 -0.2 -0.1
South Korea 6.3 -0.6 -2.5 -0.5 1.2 0.7 -1.7 0.2 2.6 2.4 3.2 3.2 3.1
Thailand .. .. 6.1 -0.5 0.5 0.3 5.5 3.8 3.5 3.4 1.7 2.0 0.4
http://www.gbm.scotiabank.com/English/bns_econ/retrends.pdf

jehanzeb replied on Sunday, July 24, 2016 09:30 AM PST 

tedt

M Zahid® replied on Sunday, July 24, 2016 11:33 AM PST 

Dear Jameel,

Lake city and phase 7 started a decade ago and gained nothing or very meagre till year 2015 but gained 100% in last year is not a big gain.
Friend of mine invested 40 lacs in 2007 each in these two schemes and sold phase 7 plot for 115 lac in 2016 but if you translate it in dollar terms then this is different picture.
2007 capital = 40 lac ($67000)
after wopping gain,
2016 capital + gain = 115 lacs ($109000)
over a decade a gain of 60% is not a big gain.
what you comparing with from scotiabank is whole of the market not plum part. It includes everything of the market. All goes on land register. There are good parts, i know in london there are properties which gained more than 200% over a decade. So comparison is not fair and look on the market is very superficial.

User_19995® replied on Sunday, July 24, 2016 12:44 PM PST 

I would say it all depends on your plans in near future.

If you dont want to come to pak any time soon and want to settle completely in aus then take it invest there in time to get max gains.

So but if have setting that you and your family regularly coming to pak or in future you plan to send your kids to pak for any reason than you must be having some sort of house or setting in pak as well.

I know people who are settle in UK 197 and having more property in PAk and still purchasing even their kids hardly visited pak in 30 or 40 years s its all about ur priorities and falimy setting
84517)   Send E-mail only to  advertisement poster
Ali 
City & Country:
UAE
Saturday, July 23, 2016 05:53 PM PST  Reply: >

LDA Avenue 1 plots
Dear LRE,

I am bit confused to understand that how an potential buyer can check whether the plots in LDA Avenue 1 is clear or under litigation?

I am planning to buy a 10 Marla plot in L Block in 1260 to 1269 series as the owner is not disclosing the plot number yet.

Please help.

Thanks.

Local Hunt replied on Saturday, July 23, 2016 08:31 PM PST 

Most of the part of L block is in litigation.Best blocks to invest are F,J,M,H,D.These are litigation free.Ask owner to take Noc from lda office and secondly u can get details from lda one window.
84516)   
Kureshi® 
City & Country:
-
Saturday, July 23, 2016 04:54 PM PST  Reply: >

Once again , jang news spreading panic.

Surfer® replied on Saturday, July 23, 2016 05:28 PM PST 

@ Kureshi bhai. The main mission statement of Jang group is Always spread panic to increase the sale. In case of Print as well as electronic media.
If some matter is never to be resolved they spread panic & seems to jump back to its starting point.

Usama Javed® replied on Saturday, July 23, 2016 05:29 PM PST 

jang, Geo no credible source

H Ali replied on Saturday, July 23, 2016 08:11 PM PST 

Thy have zero credibility. If you pay them well and ask them to insult their own families, they'll probably do that too. Extremely cheap and low level journalism.

MIT® replied on Saturday, July 23, 2016 09:57 PM PST 

All of you guys have stated so correct. Shame on this dirty house of hypocrisy.

Nadeem replied on Saturday, July 23, 2016 11:07 PM PST 

Don't trust Jang-Geo Group, They just need to make money in Pakisran to spread their empire and influence and rarely visit Pakistan.

4Muzzamil® replied on Sunday, July 24, 2016 12:13 AM PST 

govt shud take current /market rates from
LRE website , all are available here xD

FAA.awan replied on Sunday, July 24, 2016 01:11 AM PST 

Jang and Geo are fake team and suppoters of Nawaz league .Geo urges Ishaq dar to impose property taxes.Everybody knows Geo group's character is doubtful.

Jameel Mughal® replied on Sunday, July 24, 2016 02:12 AM PST 

To implement a Law in retrospect is nonsense, Go back and areas to area decide Fair market
prices which is too dynamic and moves up and down fast and can be different in this week and that week. How they can Calculate that how Prices in Lake City or AWT moved up and down week and month basis. what about the files which are floated just as barter system. FBR have Got Crazy this will just create harassment in the Market.
The Whole issue is Linked with Asset declaration and source of Funds for last 5 years. also they dont want to miss the chance to fetch some more tax.
Technically this issue is so difficult that no success is expected. On the Other hand Govt is already Charging 4 different types of taxes on property transactions to sellers and 2 Types of taxes for sellers still they are not happy.
In Future I just see that there will be Flat gain tax as I highlighted before and at Max Govt will announce that pay us 2% and Change your asset to white money.
If some amenity is announced people should declare the assets ASAP.

MIT® replied on Sunday, July 24, 2016 09:37 AM PST 

Agreed with Mr. Jameel, but who cares in Pakistn? An ex post facto law is a law that retroactively changes the legal consequences (or status) of any past matter and were already made unlawful by the Kellogg-Briand Pact, the Covenant of the League of Nations, and the various Hague Conventions. Retrospective criminal laws are prohibited by Article 7 of the European Convention legislation, though new precedent generally applies to events that occurred before the judicial decision. Ex post facto laws are expressly forbidden by the United States Constitution in Article 1, Section 9, Clause 3 (with respect to federal laws) and Article 1, Section 10 (with respect to state laws). In some nations that follow the Westminster system of government, such as the United Kingdom, ex post facto laws are technically possible, because the doctrine of parliamentary supremacy allows Parliament to pass any law it wishes. In a nation with an entrenched bill of rights or a written constitution, ex post facto legislation may be prohibited.
Article 12 of the constitution of Pakistan clearly prohibits any law to be given retroactive effect by stating:
12.1 - No law shall authorize the punishment of a person:-
12.1.a - for an act or omission that was not punishable by law at the time of the act or omission; or
12.1.b - for an offence by a penalty greater than, or of a kind different from, the penalty prescribed by law for that offence at the time the offence was committed.

CMY replied on Sunday, July 24, 2016 11:54 AM PST 

FAA.awan Please send a text again to reserve name. Lost your numnber
84515)   
ahmad khan 
City & Country:
-
Saturday, July 23, 2016 03:30 PM PST  Reply: >

whats the price of v 662 phase 8?
84514)   
Shahwaiz Tahir 
City & Country:
UAE
Saturday, July 23, 2016 02:17 PM PST  Reply: >

Plot Evaluation Prism R-1099
Dear LRE Team,

Hope this msg finds you well.

You are doing a great job as we are updated with every bit of information and news in the market by following you guys.

Thankyou for that.

It is requested to kindly evaluate the price of the following plot


Dha 9 Prism
Plot no. R-1099


And also let me know when is the good time to sell it and buy 10 marla in the same phase. I.e DHA prism 9 .

Thankyou
Best Regards
84513)   
foreign remittance 
City & Country:
-
Saturday, July 23, 2016 03:33 AM PST  Reply: >

E-remittance
if in the bank statements, the foreign remittance is indicated as E-remittance, is it acceptable to the fbr as foreign remittance. please guide in this reference. thanks

Headliner® replied on Saturday, July 23, 2016 10:10 AM PST 

Go to the bank and get the remittance certificte

000Rizwan replied on Saturday, July 23, 2016 10:30 AM PST 

Headliner kia process ha ye certificate lene ka or kitne din me mil jata ha?

Habib replied on Saturday, July 23, 2016 01:33 PM PST 

Dear You need PRC [Remittance certificate]

Month ago Mr SA posted this on this site see carefully

I am amazed how ignorant people are about REMITTANCES and LEGAL WHITE MONEY IN PAKISTAN. I have lived in Saudi Arabia for 10 years and still visit on and off.

99% of people in Saudi don’t have a clue how to handle their money in PAKISTAN. ( legally )

Most of the people in Saudi send money to Pakistan to support their families though WU, Banks or any other channel. These people don’t need any remittance records as the money is spent on necessities.

But Investors who want to invest in Pakistan need to maintain proper Record in Pakistan for their REMITTANCE to be declared " WHITE MONEY "

let me give you few examples where your HARD EARNED HALAL money is considered black in PAKISTAN.

1. You are travelling to Pakistan and greed comes over you. You put 1 lac Riyals in your laptop Bag and bring the money to Pakistan, convert the money through money changers and buy a
plot or put in your bank. ( People do this thinking that their money is HALAL so no one will question them ). PAKISTAN CONSIDERS THIS MONEY BLACK.

2. You transfer your money into your XYZ relatives account and you pay from his account.

3. You send Dollars to your USD account in PAKISTAN , Invite money changers in the bank, convert your cash in PKR and deposit back into your account. ( PAKISTAN CONSIDERS THIS BLACK MONEY )

these are just few examples which people do with their money. there are many more.


NOW LETS COME TO THE POINT , HOW CAN YOU DECLARE YOUR MONEY WHITE OFFICIALLY RECOGNIZED BY PAKISTAN AND FBR.

1. Open a bank Account in PKR in PAKISTAN. I USE UBL because SABB uses UBL as their remittance partner in PAKISTAN. YOU need to know which bank is in partnership with your Saudi Bank.

2. SIMPLY USE AL RAJHI to transfer your money or use your online SABB account to transfer money to UBL. If you are sending money through SABB to UBL account, the money will be deposited within 3 days with all the details of your transaction. If you use SABB to transfer money into any other bank, it will reach UBL KARACHI and then UBL KARACHI will issue a LOCAL PO which will be deposited into the bank which you have mentioned. ( NO record of remittance will be shown )

Note: Rajhi mostly uses HBL to process remittances.


3. When you receive money in PAKISTAN, You should have TT number or reference number with you, Along with scanned copy of Saudi bank voucher or money changer voucher. Go to your UBL branch and ask them to ISSUE " PRC" against your remittances. Your branch will make an application and you will sign it , they will scan it and send to the concerned department over email. After few days or even weeks with continuous follow ups eventually your PRC will arrive and you can collect it.

THIS PRC IS ONLY THING WHICH IS ACCEPTABLE and FBR ACKNOWLEDGES as FOREIGN REMITTANCES.

I have explained small details about UBL. procedure varies between different banks. BUT Keep in mind you need PRC certificate to legalize your money.

Lastly do not send money in USD in Pakistan. Because if you change USD to PKR from bank itself you will loose lots of money as their exchange rate is very poor ( they make lots of money by converting into PKR ) and the only way to get PRC from bank for USD is if you use banks services. if you withdraw USD and use local money changer , NO one will issue PRC and FBR or the GOVT. of PAKISTAN will not recognize your remittances as legal.

ALL this is for people who are investing in Pakistan. Money which is being used for necessities do not need to go through all this procedure.

ONE LAST THING

Overseas people who want to avoid paying 0.6% WHT on their bank transaction must file their income tax on yearly basis.( HIRE A LAWYER WHO WILL DO ALL THIS ON YOUR BEHALF FOR A VERY SMALL FEE of around 10-15 thousand ) As soon as you file your return you will be automatically updated as " FILER" STATUS and no WHT will be applicable on you when you buy a property, CAR, CASH withdrawals, BANK transfers etc. etc. All the money which you are sending to Pakistan is exempted income. There is no income tax on your foreign income which you are sending to Pakistan. All overseas will declare their income as foreign remittances and declare their assets. You will return a NILL income tax return with all your assets and money LEGAL.

I request all overseas to go through these procedures again and again as i myself have gone through all of this ( I learned it the hard way with no one to guide me) so i want other people to benefit. These are just simple steps with no extra money involved, just some paper work and all your money and assets will be legal.

I am willing to give answers to all of your questions which will help you legalize your money in Pakistan. Please forgive me if I am wrong some where. Whatever I have written is a personal experience and may vary from one individual to another.

User_19762® replied on Saturday, July 23, 2016 01:47 PM PST 

Habib bhai thanks for detailed guidance, one question if person send money to his blood relatives like father bank account then what will be the status and from that transfered money, account of father is used for purchase of
plot.

Rana 1 replied on Saturday, July 23, 2016 03:33 PM PST 

Salam to all,

@Habib brother, I am living in EC and wanted to do some business in Saudia because of Holy Places to work and pray together there.
As you told you are living and often visiting Saudia, is there some possiblity to establish some your company and do a small import of fruits and vegetables to compensate the expenses.

Thanks and Regards,

Habib replied on Saturday, July 23, 2016 04:10 PM PST 

Dear Rana I am in UAE, this article was Courtesy of Mr Sa Living in Saudi
84512)   
CMY 
City & Country:
-
Saturday, July 23, 2016 03:08 AM PST  Reply: >

*Prism DHA Lahore Phase 9 Development Update July 2016*
<<< Standing in Prism A Block While Taking Picture




*Prism DHA Lahore Phase 9 Development Update*



More Pictures Can Be Seen At Lahore Rral Estate Facebook Page Here



http://www.lahorerealestate.com/plots-for-sale/prism-dha-lahore-phase-9/


or here


https://www.facebook.com/permalink.php?story_fbid=1173455266031331&id=119021218141413




Time to make long term investment again in Prism plots taking advantage of this current taxes confusion buying opportunity. Please dont look for short term. Prism is going to return you most in 3 year from even todays prices that have out performed all other Lahore housing projects in DHA Lahore and all Lahore property market.

To buy sell plots here or to get free assessment of your plot you are buying or selling anywhere or stay fully updated on daily bases on development prices trends please leave SMS or a free WhatsApp text message at +16308024186 or +92322492992 .


Choudry Mujahid Yasin ( CMY )
+16308024186

KSA Banker® replied on Saturday, July 23, 2016 01:25 PM PST 

Dear
CMY, hope you are recovering well from your back problem, further to your below post, can you kindly elaborate and explain the logic to support your recommendation that due to "this current tax confusion", there is opportunity to buy in Prism for long term, by what percent the prices in Prism have come down due to this tax confusion to warrant such assertion? My advance apologies for any difference of opinion with other respectable participants of this forum but in my humble opinion being a relatively small real estate investor, prices had just gone crazy over the last year with demands for canal plot approaching up to 15 million in prism which may be 10 years away from being live able. Frankly, from rental yield perspective, such prices did not make any sense and correction was due in any case even before tax issue which may be a contributing fact now. It may take a bit of time for market participants to first understand and then accept new market reality and conditions. So in my opinion, which differs from yours in this case, it is time to wait with liquidity in hand till the prices come down to more rational levels hopefully.
84511)   Send E-mail only to  advertisement poster
Not Registered 8840 
City & Country:
+966
Saturday, July 23, 2016 02:16 AM PST  Reply: >

current rate and trend of a proper allocation file of 10 marla in DHA
Just want to know the present trend and rate of a 10 marla proper allocation file in DHA Phase 5 Lahore.
Should I sell it right now?
Should I wait untill the balloting?
Any idea about balloting date?

Surfer® replied on Saturday, July 23, 2016 01:34 PM PST 

Sell it & buy 1k in
PRISM for 3 years hold fruitfull Investment. "In shaa ALLAH"
84510)   
User_19762® 
City & Country:
-
Saturday, July 23, 2016 01:11 AM PST  Reply: >

ANSWER ON FOREIGN EXCHANGE REMITTANCE BY OVERSEAS PAKISTANIS
http://www.pri.gov.pk/faqs/

FAQs
FREQUENT ANSWERS & QUESTIONS


Can I send money to a bank without having a bank account in Pakistan?

Yes you can. The beneficiary will receive the remittance in cash form.


Is it important to declare the purpose of the funds being sent to Pakistan?

Each overseas entity has its own KYC (Know your customer) / AML (Anti-Money Laundering) requirements and the transactions have to be as per the permissible modes and purposes. Please contact our nearest certified bank for further assistance, if you provide me your city, I can assist you in locating the nearest branch/exchange company {Go to locator to provide the nearest location}


Where can I obtain the information on KYC and AML?
You can visit the following websites to get more information.
KYC: www.sbp.org.pk/bpd/2003/c10.htm
AML: www.sbp.org.pk/about/act/AML-Ordinance-2009.pdf


Can you assist me to find out how much funds were remitted from xxxx country to Pakistan in the last year?
The availability of such information can be obtained from SBP website www.sbp.org.pk/ecodata/index2.asp or PRI website www.pri.gov.pk under home remittance section.


I want to know about the rules & regulation for remittances in Pakistan?

You can obtain details and information through SBP via email (info@sbp.org.pk) or from SBP website www.sbp.org.pk/fe_manual/chapters/chapter10.htm


I have a remitting business, how can I engage with banks in Pakistan?
Sure, if you provide me your details, I can have someone give you a call back with this regards
Name
Company Name / Business Name
Location
Contact Number
Best time to call
Email address:


What is the difference between Money Exchange and Banks?

There is no difference between the two as long as they are both certified. If you provide me your city, I can assist you in locating the nearest branch or exchange.


How many foreign accounts are available in Pakistan?
Currently Pakistan Banks are offering 4 foreign currency accounts.
USD
GBP
EURO
YEN


Can I send money from India to Pakistan?
Yes you may, but you will need to contact the local Indian Banks directly as we are not affiliated yet with any Banks in India.


Can I send money from Israel to Pakistan?
No


I am a foreign national, can I send money to Pakistan?
Yes, you can.


I want to invest in Pakistan, can you guide me?

You can obtain details and information through SBP via email (info@sbp.org.pk) or from SBP website www.sbp.org.pk. You can also contact at info@pri.gov.pk.


Why disclaimer states that PRI do not guarantee any information provided to the customer?

Please note our legal department handles this matter. If you have any queries regarding the disclaimer you can email them at info@pri.gov.pk for assistance.


Is Western Union affiliated with PRI?

No, at this time Western Union is not affiliated with PRI.


What is PRI address?
PRI Remittance Initiative, Camp Office, 4th Floor, Main Building State Bank of Pakistan, I.I. Chundrigar Road, Karachi 74000, Pakistan


Does the PRI come under the laws of State Bank or Government?
It is a joint initiative of 3 entities; State Bank of Pakistan, Ministry of overseas Pakistanis and Ministry of Finance.


Can the business transactions from company to company be made through PRI?
Commercial transactions are not entertained through PRI.


If the beneficiary is expired, who can collect the remittance on his/her behalf?
In this scenario relatives of the beneficiary will contact the beneficiary bank.


If the sender is sending the remittance in cash to cash mode, can the beneficiary collect the remittance from any other bank besides the beneficiary bank?
No, in cash to cash mode, beneficiary can only collect the remittance from the beneficiary bank.


Are there any taxes on Remittance?
No, there are no taxes.


What is the turnaround time (TAT) to receive remittance in Pakistan?
Cash to Cash: As low as 10 min
Account to Account: Minimum 24 Hours to maximum 48 Hours


Are there any penalties if the remittance is delayed?
Yes, the penalty will be 65 paisa per Rs.1000/- per day and the penalty will be bear by the beneficiary bank.


What conversion rates will be applied on remittance?
The same conversion rates will be applied at the time of sending the remittance. Sender needs to confirm the rates with the affiliated bank or Exchange Company at the time of sending the remittance


What is CRC (Child Registration Certificate)?
The purpose of issuing of Children Registration Certificate is to register all children with Pakistani citizenship and who are below the age of 18 years at the time of application for registration regardless of their stay inland or abroad. This data would be a source of verification for the subsequent request for *NICOP/CNIC upon the attainment of 18 years of age.


What are the charges for sending the remittance?
If you are remitting below $200 their will be charges which the sender entity will confirm you at the time of remittance. If sending entity is on free send model then and sending remittance equals to or above $200 then it is free of cost. Otherwise charges will be informed by the sending entity.


SBP Link where information regarding workers remittance is available?
http://www.sbp.org.pk/ecodata/Homeremit_Arch.xls (Home Remittance Archive)


PRI Member Banks
ALLIED BANK OF PAKISTAN LTD.
HABIB BANK LIMITED
MCB BANK LIMITED
NATIONAL BANK OF PAKISTAN LTD.
UNITED BANK LIMITED
KASB BANK LIMITED
JAHANGIR SIDDIQUI BANK LTD.
BANK AL-FALAH LIMITED
DUBAI ISLAMIC BANK LTD.
HABIB METROPOLITAN BANK LTD.
SUMMIT BANK LIMITED
SILK BANK LIMITED
NIB BANK LIMITED
SAMBA BANK LIMITED
MEEZAN BANK
BANKISLAMI PAKISTAN LIMITED
BANK AL-HABIB LIMITED
SONERI BANK LIMITED
FAYSAL BANK LIMITED
ASKARI BANK LIMITED
THE BANK OF PUNJAB
BURJ BANK
SINDH BANK
The Bank of Khyber
Tameer Microfinance Bank Ltd
84509)   
Ahmed 
City & Country:
-
Saturday, July 23, 2016 12:34 AM PST  Reply: >

Please evaluate 2628 prism j block 5 M

CH SAEED replied on Saturday, July 23, 2016 10:47 AM PST 

Dear Ahmed Sb,

Prism near J 2628 is around 31 lacs ( 2 paid )

CH SAEED
+923224333661
Lahore Real Estate
Email:INFO@LREPK.COM
84508)   
LondonBoys 
City & Country:
-
Friday, July 22, 2016 10:28 PM PST  Reply: >

Price Evaluation
Dear LRE,

Kindly evaluate the below plots,

Plot 15/ Q block - 1 kanal - Phase 9 Prism
Plot 1720/ F block - 1 Kanal- 9 prism
plot 945 /R block -5 marla - 9 prism

Thanks.

CH SAEED replied on Saturday, July 23, 2016 10:48 AM PST 

Dear Sir,

Market value near Q 15 is around 90 lacs ( 2 paid )

Market value near F 1720 is around 100 lacs ( 2 paid )

Market value near R 945 is around 40 lacs ( 2 paid )

CH SAEED
+923224333661
Lahore Real Estate
Email:INFO@LREPK.COM
84507)   
Waseem® 
City & Country:
-
Friday, July 22, 2016 02:28 PM PST  Reply: >

Safe Passage for Corrupt
The point is when you do fraud, do it in billions, so that you can buy any government official.

Abdal® replied on Friday, July 22, 2016 03:00 PM PST 

Fully agreed. Amnesty at 4-5% with no past record checking when the applicable tax rate is around 35% would be discouraging honesty and law abidance in the society.

Habib replied on Friday, July 22, 2016 03:07 PM PST 

Waseem You are bit unclear
700 Billion estimate is owned by 7 lac Stake Holders, so Fraud is still in Millions


This is estimate of Current sale and Purchase of whole market for Last 5 years, Holders will have to File the assets, and pay some Penalty if there was some underreporting and or Black money.


Question Comes If I Bought a Property 1 years Back say in
Lake city Kanal in 49 Lac and paid CVT etc at 36 Lac rate How Fair Market Price at that time will be determined, what is fair market price of a File??

still there is Confusion and many things will be clear in Coming days

However People be ready for assets declaration, the law was passed in 2015, This year Govt first asked for proof of Purchases for last 10 ys Holdings and now they have Come down to 5 Years,

In Future do all transections though your Bank only and keep same Bank If someone get recent experience of assets declaration please share with us.

Real Estate is best replied on Friday, July 22, 2016 03:17 PM PST 

kisi taraf tou khush ho jaya karo yaar tax laga tou rona daala ab agar mamlaat solve ho rahay hain tou phir rona ratta

AHMAD HASSAN® replied on Friday, July 22, 2016 03:20 PM PST 

Both Stakeholders & FBR teams are working separately to propose new market values of 21 cities properties. Really very hard job if go for actual. A general understanding is that current DC rates will be increased 20% and rest will remain same. If this is correct then business will be restored as usual. A real picture will come after 27th July as FBR figures could be different and become point of conflicts. Apart from that we should really appreciate GOVT team as they didn't try to become showstopper yet, although they crashed business so far. Lesson learned for overseas Pakistanies is that don't let convert our white money to black money. Try to become filer and start to declare actual purchase & sell price because this relief is temporarily. In coming years new amendments will be in place.

Kureshi® replied on Friday, July 22, 2016 04:14 PM PST 

very valid points,Habib.


Waseem sb, Not all money termed black is bad. for 90 % users its the bad system that turned their hard earned white money to black. Any body who has changed location of
plot by flipping property in past 5 years ( i am sure thre are many on this forum) have become a victim of turning their white money to black due to less knowledge of filing property transactions in their tax returns and intehrently wrong system of recording transactions based on CVT and stamp duty on DC rates.

while it is a karwa ghoont but its a big step that govt and dealer association is taking to fix this big mess which no one has ever dared addressing.

Lets hope and pray that things get settled in an amicable way and end up being beneficial for the country and countrymen.

Newbie replied on Friday, July 22, 2016 04:45 PM PST 

Question is for someone who is not a filer, lives abroad i.e. non resident.. if lets say he has purchased a property last year, then how government will collect tax from him ? since he is a non-filer so not declaring assets, will he have to pay this tax at the point of when he sell in future or will he get some kind of notice from FBR to his abroad address ?

Newbie replied on Friday, July 22, 2016 05:50 PM PST 

Anyone ?

Asad-Ali replied on Friday, July 22, 2016 06:20 PM PST 

@Newbie, you would be asked to pay Tax at the time when you sell this.

Newbie replied on Friday, July 22, 2016 06:35 PM PST 

Thanks Asad-Ali. It is still confusing :

Does it mean, a filer have to declare the asset purchased in last 5 years and pay the tax immediately.

And the non-filer will only pay when he sell, and do not need to bother until he decide to sell.. And inface, if he sell after 5 years, then no tax.

Its difficult for me to believe that non-filer is at an advantage.
Pleaae explain ?

Asad-Ali replied on Friday, July 22, 2016 07:42 PM PST 

no matter you are filer or non-filer, no need to pay TAX until you sell your
plot. And if you are filer, you can declare its actual value you purchased and there is no new TAX on old transactions. Taxes apply only on future transactions

Newbie replied on Friday, July 22, 2016 07:55 PM PST 

@Asad-Ali - thanks
But then what is the scope of amnesty that is being planned, and is it not for past transactions, where to avail amnesty u have to pay tax upfront within 2-3 months of amnesty period ???

Jameel Mughal® replied on Friday, July 22, 2016 11:23 PM PST 

@New bie these issues have Been discussed in previous post, all assets have to be declared no matter 100 ys old. FBR will only question sources of Funds in last 5 years prchases.
@ asad Ali don't Confuse gain Tax with this Filing
As 2015 law every one should File Income Tax though payable is zero, You have to declare all assets and to my understanding being overseas was no exemption. Now if some earns overseas and have 5 Cror Property in Pakistan and transferred all money by legal means should not worry, At this time there is no wealth Tax in Pakistan. So no matter you hold 100 Cror Property you are not Liable.
Property Tax is different entity and You are already paying. A different dep Called Excise and Taxation is responsible for that.
However all your money will be white once declared only catch is in Future if some new Tax Like "wealth Tax" is Imposed then you may have to pay.
This Law was widely not practiced in Pakistan and is still not being practiced. Even big politicians and businessmen and Govt officials [Corrupt or Not Corrupt] are not declaring personal assets.
The big question is should overseas take advantage of this point and declare assets or still wait. I personally will wait for Fair market price Law and discuss with some Tax expert at later stage.
N.B wealth Tax was in Practice in Pakistan till Late 1990s and after certain Bracket was 0.5 and then 1.0 Annually, later it was abolished by Last Nawaz Sherif Govt Before Musharraf. Wealth Tax is imposed on your net worth and not in practice in 90% Countries of the world. For reference see the Countries where wealth tax is in practice.

Newbie replied on Saturday, July 23, 2016 10:46 PM PST 

@Jamil bro. Thank you. If as a non-resident and a non-filer I do not want to become a filer, can it be done legally or do I must need to become a filer and declare all assets. I have purchased few properties in last 5 years in Pakistan and all of them are in good profit but have not sold any of them so far and hence nothing to declare for cgt reasons.
84506)   
LRE Rates Update 
City & Country:
-
Friday, July 22, 2016 11:58 AM PST  Reply: >

Lahore Property Prices Update By Lahore Real Estate ® July 22,2016
DHA Lahore Phase 5 Proper (10-Marla) , 115 Lacs 22/07/2016 Call Salman Masqood +923004009967

DHA Lahore Phase 6 (5-Marla) , 49 Lacs 22/07/2016 Call Fawad +923018449221
DHA Lahore Phase 6 (10-Marla) , 86 Lacs 22/07/2016 Call Fawad +923018449221
DHA Lahore Phase 6 (1-Kanal) , 124 Lacs 22/07/2016 Call Fawad +923018449221

DHA Lahore Phase 7 (5-Marla) , 43 Lacs 22/07/2016 Call Fawad +923018449221
DHA Lahore Phase 7 (10-Marla) , 60 Lacs 22/07/2016 Call Fawad +923018449221
DHA Lahore Phase 7 (1-Kanal), 90 Lacs 22/07/2016 Call Fawad +923018449221

DHA Lahore Phase 8 Z Block (10-Marla) , 58 Lacs 22/07/2016 Call Fawad +923018449221
DHA Lahore Phase 8 Z Block (1-Kanal) , 90 Lacs 22/07/2016 Call Fawad +923018449221

DHA Town Lahore (5-Marla) , 43 Lacs 22/07/2016 Call Hassan Mehmood +923211199904

Prism DHA Lahore Phase 9 (5-Marla) , 34.25 Lacs 22/07/2016 Call Tariq Raheem +923018449221
Prism DHA Lahore Phase 9 (10-Marla) , 59 Lacs 22/07/2016 Call Tariq Raheem +923018449221
Prism DHA Lahore Phase 9 (1-Kanal) , 76 Lacs 22/07/2016 Call Tariq Raheem +923018449221

DHA Lahore Phase 9 Extenssion (5-Marla) , 31 Lacs 22/07/2016 Call Tariq Raheem +923018449221
DHA Lahore Phase 9 Extenssion (10-Marla) , 47 Lacs 22/07/2016 Call Tariq Raheem +923018449221
DHA Lahore Phase 9 Extenssion (1-Kanal) , 67 Lacs 22/07/2016 Call Tariq Raheem +923018449221

DHA City Lahore (5-Marla) , 11.50 Lacs 22/07/2016 Call Asim Irfan +923224003475
DHA City Lahore (10-Marla) , 19.90 Lacs 22/07/2016 Call Asim Irfan +923224003475
DHA City Lahore (1-Kanal) , 34.50 Lacs 22/07/2016 Call Asim Irfan +923224003475

DHA Rahbar Phase 2 Ext (5-Marla) , 32 Lacs 22/07/2016 Call Jawad Ahmad +923334177721

DHA Multan Allocation (1-Kanal) , 41 Lacs 22/07/2016 Call Mian Fawad +923024489001
DHA Multan Affidavit (1-Kanal) , 42.50 Lacs 22/07/2016 Call Mian Fawad +923024489001

DHA Bahawalpur Land Affidavit (1-Kanal) , 36 Lacs 22/07/2016 Call Tariq Raheem +923018449221

DHA Gujranwala Land Affidavit (10-Marla) , 26.50 Lacs 22/07/2016 Call Mian Fawad +923024489001
DHA Gujranwala Land Affidavit (1-Kanal) , 38.25 Lacs 22/07/2016 Call Mian Fawad +923024489001

*Commercial Files Prices Update,*
DHA Lahore Phase 6 MB (4-Marla), 410 Lacs 22/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 6 E Block (4-Marla), 455 Lacs 22/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 7 (4-Marla), 252 Lacs 22/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 8 IVY Green (4-Marla), 262 Lacs 22/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 8 Parkview (4-Marla), 305 Lacs 22/07/2016 Call Salman Masqood +923224009967
DHA Rahbar Phase 2 Ext (4-Marla), 223 Lacs 22/07/2016 Call Salman Masqood +923224009967
DHA 9 Town ( 4 Marla ) 340 Lacs 22/7/2016 Call Salman Masqood +923224009967
DHA Phase 5 M Block ( 4 Marla ) 362 Lacs 22/7/2016 Call Salman Masqood +923224009967
*Residential Installments Plots Prices Update,*

Lake City Installment (7-Marla) , Total Booking Price = 41.90 Lacs, Down Payment = Lacs, Quarterly Installment = 349000/- Lacs , (2.5 Years Plan). Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 22/07/2016 Call Adil Saeed +923224009967

Lake City Installment (10-Marla) , Total Bokking Price = 65 Lacs, Down Payme= 10 Lacs, Quarterly Installment=550000/- Lacs (2.5 Years Plan) . Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 22/07/2016 Call Adil Saeed +923224009766

Lake City Lahore Commercial Installment (5-Marla) , Total Booking Price ,325 Lacs, Down Payment , 100 Lacs, Quarterly Installment , 2.50 Lacs (2.5 Years Plan) . Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 22/07/2016 Call Adil Saeed +923224009766

Lake City Lahore Commercial Installment (8-Marla) , Total Booking Price ,520 Lacs, Down Payment , 100 Lacs, Quarterly Installment , 42 Lacs (2.5 Years Plan) . Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 22/07/2016 Call Adil Saeed +923224009766

DHA Bahawalpur Installment Plots Current Profit 22 Lacs Booking (10-Marla) , Must Call As Rate Changes A Lot During Day 22/07/2016 Call Tariq Raheem +923018449221
DHA Bahawalpur Installment Plots Current Profit 38 Lacs Booking (1-Kanal) , Must Call As Rate Changes A Lot During Day 22/07/2016 Call Tariq Raheem +923018449221

DHA Multan Installment Plots Current Profit On Booking (10-Marla) , Launch Soon 22/07/2016 http,//bit.ly/1qT2BWF
DHA Multan Installment Plots Current Profit On Booking (1-Kanal) , Launch Soon 22/07/2016 http,//bit.ly/1qT2BWF


*Residential Plots Prices Update,*
DHA Lahore Phase 5 M-Block (1-Kanal) , 135 To 180 Lacs 22/07/2016 Call Salman Masqood +923004009967

DHA Lahore Phase 6 (5-Marla) , 60 To 85 Lacs 22/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 6 (10-Marla) , 135 To 165 Lacs 22/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 6 (1-Kanal) , 125 To 275 Lacs 22/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 6 (2-Kanal) , 300 To 450 Lacs 22/07/2016 Call Hassan Raza +923028449766

DHA Lahore Phase 7 (5-Malra) ; -- Call Hassan Raza +923028449766
DHA Lahore Phase 7 10-Malra 60 To 90 Lacs 22/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 7 (1-Kanal) , 90 To 175 Lacs 22/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 7 (2-Kanal) , 225 To 250 Lacs 22/07/2016 Call Hassan Raza +923028449766

DHA Lahore Phase 8 (5-Marla) , 55 To 65 Lacs 22/07/2016 Call Adil Saeed +923028409967
DHA Lahore Phase 8 (8-Marla) , 72 To 82 Lacs 22/07/2016 Call Adil Saeed +923028409967
DHA Lahore Phase 8 (10-Marla) , 90 To 105 Lacs 22/07/2016 Call Adil Saeed +923028409967
DHA Lahore Phase 8 (1-Kanal) , 125 To 250 Lacs 22/07/2016 Call Adil Saeed +923028409967

DHA Lahore Phase 8 Z Block Ivy Green 5-Malra 30 To 50 Lacs 22/07/2016 Call Khadim Hussain +923228400030
DHA Lahore Phase 8 Z Block Ivy Green (10-Marla) , 60 To 78 Lacs 22/07/2016 Call Khadim Hussain +923228400030
DHA Lahore Phase 8 Z Block Ivy Green (1-Kanal) , 100 To 125 Lacs 22/07/2016 Call Khadim Hussain +923228400030
DHA Lahore Phase 8 Z Block Ivy Green (2-Kanal) , 250 to 275 Lacs 22/07/2016 Call Khadim Hussain +923228400030

Prism DHA Lahore Phase 9 (5-Marla) , 35 To 50 Lacs 22/07/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (10-Marla) , 55 To 80 Lacs 22/07/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (1-Kanal) , 65 to 140 Lacs 22/07/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (2-Kanal) , - Call Salman Masqood +923224009967

DHA Town Lahore (5-Marla) , 47 To 65 Lacs 22/07/2016 Call Hassan Mehmood +923211199904
DHA Town Lahore (8-Marla) , 75 To 85 Lacs 22/07/2016 Call Hassan Mehmood +923211199904
DHA Town Lahore (10-Marla) , 95 To 105 Lacs 22/07/2016 Call Hassan Mehmood +923211199904

DHA Phase11 Halloki Gardens (5-Marla) , 28 To 35 Lacs 22/07/2016 Call Jawad Ahmad +923334177721
DHA Phase11 Halloki Gardens (8-Marla) , 42 To 50 Lacs 22/07/2016 Call Jawad Ahmad +923334177721

DHA Air Avenue (10-Marla) , 80 To 105 Lacs 22/07/2016 Call Saeed Rafique +923224333661
DHA Air Avenue (1-Kanal) , 120 To 160 Lacs 22/07/2016 Call Saeed Rafique +923224333661

DHA Parkview Lahore (10-Marla) , 105 To 120 Lacs 22/07/2016 Call Saeed Rafiq +923224333661,
DHA Parkview Lahore (1-Kanal) , 125 To 200 Lacs 22/07/2016 Call Saeed Rafiq +923224333661,
DHA Parkview Lahore (2-Kanal) , 225 To 390 Lacs 22/07/2016 Call Saeed Rafiq +923224333661,

State Life Lahore Phase 1 (5-Marla) , 37 To 58 Lacs 22/07/2016 Call Saeed Rafique +923224333661
State Life Lahore Phase 1 (10-Marla) , 65 To 73 Lacs 22/07/2016 Call Saeed Rafique +923224333661
State Life Phase 1 (1-Kanal) , 78 To 125 Lacs 22/07/2016 Call Saeed Rafique +923224333661

State Life Phase 2 (5-Marla) , 15 To 17 Lacs 22/07/2016 Call Saeed Rafique +923224333661
State Life Phase 2 (10-Marla) , 19 To 23 Lacs 22/07/2016 Call Saeed Rafique +923224333661
State Life Phase 2 (1-Kanal) , 31 To 42 Lacs 22/07/2016 Call Saeed Rafique +923224333661


DHA Rahbar Lahore (5-Marla) , 32 To 50 Lacs 22/07/2016 Call Jawad Ahmad +923334177721
DHA Rahbar Lahore (8-Marla) , 60 To 80 Lacs 22/07/2016 Call Jawad Ahmad +923334177721
DHA Rahbar Lahore (10-Marla) , 85 To 100 Lacs 22/07/2016 Call Jawad Ahmad +923334177721
DHA Rahbar Lahore (1-Kanal) , 145 To 210 Lacs 22/07/2016 Call Jawad Ahmad +923334177721

Bahria Town Lahore Sector A & Overseas Enclave A &B (10-Marla) , 75 to 100 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector A & Overseas Enclave A & B (1-Kanal) , 100 to 175 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector B (1-Kanal) , 125 To 185 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector B (2-Kanal) , 280 To 335 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector C (5-Marla) , 37 To 50 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector C 10-Malra) , "57 To 100 Lacs
" 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector C (1-Kanal) , 98 To175 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector C (2-Kanal) , 290 To 320 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector D (5-Marla) , 40 To 65 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector D (10-Marla) , 65 To 100 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector D (1-Kanal) , 100 To 125 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector E (5-Marla) , 30 To 50 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector E (10-Marla) , 48 To 88 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector E (1-Kanal) , "120 To 150 Lacs
" 22/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector F (10-Marla) , "45 To 85 Lacs
" 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector F (1-Kanal) , 67 To 112 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Orchard Lahore Phase 1 (5-Marla) , 37 To 45 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore Phase 1 (8-Marla) , 45 to 58 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore Phase 1 (10-Marla) , 48 To 75 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore Phase 1 (1-Kanal) , 95 To 125 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Orchard Lahore OLC Phase 2 (5-Marla) , 28 To 44 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore OLC Phase 2 (8-Marla) , 36 To 58 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Commercial Sector A B C D E F (5-Marla) , 150 To 700 Lacs 22/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Commercial Sector A B C D E F (8-Marla) , 250 To 600 Lacs 22/07/2016 Call Adil Saeed +923224009766

Bahria Nasheman Lahore (5-Marla) , 30 To 36 Lacs 22/07/2016 Call Mian Waqas +923334177716
Bahria Nasheman Lahore (8-Marla) , 40 To 50 Lacs 22/07/2016 Call Mian Waqas +923334177716

Central Park Lahore (10-Malra) , 22 To 48 Lacs 22/07/2016 Call Mian Waqas +923334177716
Central Park Lahore (1-Kanal) , 50 To 85 Lacs 22/07/2016 Call Mian Waqas +923334177716

Fazaia Lahore Phase1 (10-Marla) , 55 To 70 Lacs 22/07/2016 Call Mian Waqas +923334177716
Fazaia Lahore Phase1 (1-Kanal) , 90 To 120 Lacs 22/07/2016 Call Mian Waqas +923334177716

NFC Lahore Phase 2 (5-Marla) , 16 To 25 Lacs 22/07/2016 Call Mian Waqas +923334177716
NFC Lahore Phase 2 (10-Marla) , 26 To 35 Lacs 22/07/2016 Call Mian Waqas +923334177716
NFC Lahore Phase 2, (1-Kanal) , 35 To 56 Lacs 22/07/2016 Call Mian Waqas +923334177716

Lake City Lahore (5-Marla) , 30 To 43 Lacs 22/07/2016 Call Mian Waqas +923334177716
Lake City Lahore (10-Marla) , 65 To 75 Lacs 22/07/2016 Call Mian Waqas +923334177716
Lake City Lahore (1-Kanal) , 90 To 120 Lacs 22/07/2016 Call Mian Waqas +923334177716

Sui Gas Lahore Phase 2 (1-Kanal) , 42 To 70 Lacs 22/07/2016 Call Mian Waqas +923334177716
Sui Gas Lahore Phase 2 (2-Kanal) , 105 To 140 Lacs 22/07/2016 Call Mian Waqas +923334177716

Important Must Read

"*Lahore Real Estate ® Pvt Ltd Is a Registered & Authorized Dealership* Please Note That Lahore Real Estate only Office Is Located At 98-Y Commercial, DHA Phase 3 Lahore And Does Not Have Any Branch Offices Or Affiliation With Any Other Entity. LahoreRealEstate.Com Is The Most Visited Lahore Based Property Market Website From The Last 12 Years Straight From ""2004 To 2016"".

Beware of imposters and fraudsters claiming to be from LRE because people blindly trust us or copycats & copy paste dealers / estates that always try to use our name , look alike web sites or WhatsApp groups etc. If they are shamelessly cheating us for our daily hard work for you be sure they wouldnt hesitate to cheat you too for many lacs in deals at every given opportunity. Lahore Real Estate always asks no money to be sent to any LRE team member other than Salman Maqsood +923224009967 for token or transfer costs even if you had deals with LRE in past..To be extra careful and safe before you finalize any deal or give any tokens please 1st inform Lahore Real Estate management by calling or sending SMS or WhatsApp text at +923224009766 or +16308024186 to make sure money is sent to Lahore Real Estate proper Representative and not to fraudster dealers.

Lahore Real Estate is also informing you in advance even though we work 100% honestly for you to get an affidavit files at best prices in DHA Multan Bahawalpur or Gujranwala etc, all affidavit deals are only done on conditional token at LRE and if for any reason any deal doesnt get completed LRE will only be responsible of returning your original token. There are always minor risks in affidavits deals like legal issues in sellers land owners investors other files or sellers refusing deals due to market fluctuation. Some times DHA offices hold on to issuance of new affidavits for weeks to months ""in some cases primarily due to higher workload"".

LRE is helpless in such situations thus can only return your original token to you. Either dont buy affidavits at all or be patient and wait and we try to get files for you from time tested people . We suggest even if cost is higher to you if white money only but an allocation if available because very less or no chance seller backing off from deals , more safety from legal issues as land in DHA possession and in allocations sale deeds are also issued ."

Rates You Can Trust Are Provided By,
Adil Saeed
*Lahore Real Estate ® ( Where Dreams Come True )*
042-35692420 Upto 23 0r +9242-111-111-040
Mobile,03224009766 (+923224009766)
Mobile,03004009766 (+923004009766)
Send All eMail To, INFO@LREPK.Com
http,//www.LahoreRealEstate.Com

All Maps Available Here >> http,//www.LahorePakistan.Net
All Property Discussions Available Here >> http,//www.lahorerealestate.com/ads
84505)   
ahmad 
City & Country:
-
Friday, July 22, 2016 11:50 AM PST  Reply: >

what is the current value of V 662 phase 8 ?
84504)   
Mubashir 
City & Country:
-
Friday, July 22, 2016 11:47 AM PST  Reply: >

Dear LRE

AOA

Kindly evaluate the present market price and location of the following one kanal plot of Phase 6.

700-C
525-C

Hassan Raza replied on Friday, July 22, 2016 11:51 AM PST 

Dear Mubashir Sb,

Phase 6 near C 700 is valued around 215 to 220 lacs

Phase 6 near C 525 is valued around 230 to 235 lacs

Hassan Raza
+923028449766
Lahore Real Estate
Email:INFO@LREPK.COM

Hassan Raza replied on Friday, July 22, 2016 12:05 PM PST 

Dear Sir,

Phase 6 near C 700 is around 215 to 220 lacs and C 525 is around 230 to 235 lacs

Hassan Raza
+923028449766
Lahore Real Estate
Email:INFO@LREPK.COM
84503)   
Chaudhary® 
City & Country:
Lahore
Friday, July 22, 2016 11:22 AM PST  Reply: >

price evaluation..LRE team
700,525 phase 6 sector c

Hassan Raza replied on Saturday, July 23, 2016 10:50 AM PST 

Dear Sir,

Phase 6 near C 700 is around 215 to 220 lacs and C 525 is around 230 to 235 lacs

Hassan Raza
+923028449766
Lahore Real Estate
Email:INFO@LREPK.COM
84502)   
Ali 
City & Country:
Lahore
Friday, July 22, 2016 11:07 AM PST  Reply: >

Price Evaluation
Dear Lre,
Pls evaluate EE-600 in State Life PH-2

Thanks.

CH SAEED replied on Friday, July 22, 2016 11:39 AM PST 

Dear Ali Sb,

Your
plot near EE 600 is around 18 lacs

CH SAEED
+923224333661
Lahore Real Estate
Email:INFO@LREPK.COM
84501)   
Amir 
City & Country:
Lahore
Friday, July 22, 2016 10:29 AM PST  Reply: >

NFC 2 Plot
Dear LRE,

Kindly evaulate the cost of land of 130-A NFC-2.
84500)   
Mubashir 
City & Country:
Lahore
Friday, July 22, 2016 10:26 AM PST  Reply: >

Plot Evaluation in NFC 2
Please evaluate the current price of my plot E 200

thanks

Mian Waqas replied on Friday, July 22, 2016 10:37 AM PST 

Dear Mubashir Sb,

Your
plot near E 200 is around 44 lacs ( cost of land )

Mian Waqas
+923334177716
Lahore Real Estate
Email:INFO@LREPK.COM

Anwar replied on Friday, July 22, 2016 06:36 PM PST 

Mubashir sahib if u want to sell NFC 2
plot E 200 I want to purchase on cash because I have to return back on 30.07.2016, immediate transfer. Please contact me at 03486792576

FK replied on Saturday, July 23, 2016 03:04 AM PST 

AOA
What is peice of G-401 (10 Marla) full developments paid.

Thanks
84499)   
Asad-Al 
City & Country:
-
Friday, July 22, 2016 12:13 AM PST  Reply: >

Guys - Please check this detail sheet


Total Late Fee for 1 kanal Prism development charges, if you pay after 3 years i.e 31 dec 2018 (exact date), will be 582309 PKR.

Asad-Ali replied on Friday, July 22, 2016 12:31 AM PST 

Above Post is about Reference # 84474 (A Person asked for total late fine for 1 kanal
prism development charges) after 3 years.

Mohammad replied on Friday, July 22, 2016 09:29 AM PST 

Thank you brother Highly appreciate your effort

Babar® replied on Friday, July 22, 2016 04:16 PM PST 

Dear Asad AL thanks a lot for sharing such a important information. Appreciate your kind effort.
84498)   
ahmad 
City & Country:
-
Thursday, July 21, 2016 11:48 PM PST  Reply: >

what is the current value of V 662 phase 8 ?
84497)   
majid 
City & Country:
-
Thursday, July 21, 2016 11:47 PM PST  Reply: >

whats the price of J 803 prism?

ASIM IRFAN replied on Friday, July 22, 2016 10:39 AM PST 

Dear Majid Sb,

Your
plot near J 803 can be sold around 40 lacs ( 2 paid )

Asim Irfan
+923224003475
Lahore Real Estate
Email:INFO@LREPK.COM
84496)   Send E-mail only to  advertisement poster
Not Registered Yet 
City & Country:
Oman
Thursday, July 21, 2016 10:29 PM PST  Reply: >

Pak Arab Society / Central Park / Bahria Nasheman / EMC
Guys - AOA
I am based in Middle East and want to move to Lahore with family and looking for a 5 marla (LDA approved) project as i believe projects without LDA approval could be risk investments.

Can someone advise me if the following projects have LDA approval.

1. Bahria Nasheman
2. Pak Arab Phase 2
3/ Bahria EMC
4. Central Park

Regards
Syed Assad

Arif M® replied on Friday, July 22, 2016 01:26 AM PST 

Bahria EMC and Nasheman are safe but far from city. Central park possession area good to go. Similarly for Pak Arab only consider possession area. Their phase 2 is not LDA approved.

FAA.awan replied on Friday, July 22, 2016 01:52 AM PST 

Dear brother,among these options Bahria Nasheman is the best project on Ferozepur road for living purpose having all facilities of modern life.There is no problem of load-shedding ,security and quick maintaince response.In short,beautiful soceity for living.It is safe and approved project by LDA and TMA. No tension of any sort, Lahore Ring Road is also coming near it.

User_14317® replied on Friday, July 22, 2016 01:50 PM PST 

Bahria masheman..
84495)   
Surfer® 
City & Country:
-
Thursday, July 21, 2016 10:12 PM PST  Reply: >

Good Breaking news

Jameel Mughal® replied on Friday, July 22, 2016 12:03 AM PST 

I think Major Rift have resolved
Price will Fixed Like Dc rates and in Lahore will possibly not much different than DC rates
Transfers and Stamp fees will happen in DC rates
Federal tax will be charged based on Fare Market Value
FBR will audit/probe last 5 ys transactions, Not 10 yrs [ that is still pinching me] Actually 10 ys Probe was already near to impossible even Banks also don't Keep that old record due to every day changes in soft wares. For Overseas investors it is easy to Bring white money but difficult to deal with Corrupt officials, and For Local investors or holders it will difficult to prove white money both will be discouraged
I am Closely watching new developments before commenting any details.

AHMAD HASSAN® replied on Friday, July 22, 2016 01:11 AM PST 

What do you mean when you say fair market value. Before federal tax was on gain. E.g. if net gain will be 10 lac then one has to pay 1 lac. But if market value will be fixed then it seems GOVT going to take 10% on market value either one sell in loss or profit. What kind of this deal is? GOVT is in win win posation & giving one free token to black money holders to take money out. Please don't become aggressive buyer and wait. The one who will sell now will be in total benefit. And new buyers will be in total loss if they will buy at high price.

Asad-Ali replied on Friday, July 22, 2016 01:45 AM PST 

Ahmad Hassan, you are absolutely right. same question in my mind, if market value will be fixed with annual 10% increase. then according to this formula Capital Gain Tax should be zero if i buy a
plot in July 216 and sell in May 2017, so net Gain will be ZERO according to market value which is FIXED in july 2016 and may 2017.

Ultimately It seems that FBR will apply Flat 2% or 3% CGT of current market value (Apply on Seller)

User_9325® replied on Friday, July 22, 2016 02:41 AM PST 

I think there will an amnesty for past transactions as it will bring chaos. fbr officers will get rich due to under the table setllements and governement will lose revenues due to low level of transactions. dont know why they tried to sacrifice the hen rather then enjoying the eggs they were already eating.

User_6006® replied on Friday, July 22, 2016 03:13 AM PST 

it's good but dead phase is dead phase .

Bilal29 replied on Friday, July 22, 2016 05:39 AM PST 

So what has actually changed under the new proposed tax law?

I thought market value ka chaker ab khtam ho gaya hai
84494)   
Surfer® 
City & Country:
-
Thursday, July 21, 2016 10:02 PM PST  Reply: >

Good Breaking news
Come to business again
84493)   
shiraz bashir 
City & Country:
03002146320
Thursday, July 21, 2016 05:07 PM PST  Reply: >

plz evaluate the flowing plot 9 prism

R 1216

ASIM IRFAN replied on Friday, July 22, 2016 10:41 AM PST 

Dear Shiraz Sb,

Prism near R 1216 is valued around 35 to 36 lacs ( 2 paid )


Asim Irfan
+923224003475
Lahore Real Estate
Email:INFO@LREPK.COM
84492)   Send E-mail only to  advertisement poster
User_528® 
City & Country:
-
Thursday, July 21, 2016 04:51 PM PST  Reply: >

:h what is the future potential for DHA Bahawalpur 2 Kanal if someone gets it in balloting? lot of friends discussed 1 Kanal, need expert opinion around 2 Kanal and if market in BWP will have buying power for 2 Kanal etc.
84491)   
Iftikhar Butt 
City & Country:
Lahore, Pakistan
Thursday, July 21, 2016 03:43 PM PST  Reply: >

Advice needed for small investment
Today I visited a number of housing societies on the new constructed defense road, and found a remarkable developments in the area.

I am middle income group person, and want to buy a plot in any society of the area. My budget is 2 to 3 Million.

I have contacted a number of dealers and found the following two options of plots in my range, and are lucrative to me especially because of Lahore Ring Road:

1. A 5-Marla Plot at Khayaban-e-Amin (About 25 to 30 Lac).

2. An 8 to 16 Marla Plot at Audit (About 20 to 30)

Kindly advise me to decide which investment would be beneficial in the short and long term.
:h :h :h :h

Asad-Ali replied on Friday, July 22, 2016 12:39 AM PST 

Its better to avoid both.

FAA.awan replied on Friday, July 22, 2016 02:01 AM PST 

It is better to buy a off ground 5m
plot in bahria orchard for better gain in near future.

User_6006® replied on Friday, July 22, 2016 03:11 AM PST 

avoid both consider reliable societies even they are far from ring road , in start ring and defence looked catchy with time many projects launching so bahria eme ph 3 orchard , nfc , fazaia ph 2 , paec , pak arab new phase , central park, park view ,
prism files , societies on GT , sheikhpura , kasur etc better thn this both

Iftikhar Butt replied on Friday, July 22, 2016 04:06 PM PST 

Dear Friends, Thank you very much for your comments. But frankly, I couldn't find any real reason why I shouldn't not invest in any the above societies.

Especially Audit & Accounts Phase 2, which is a Cooperative Housing Society, where the
prices are still very cheap and one can safely expect that the prices could be doubled after the Lahore Ring Road SL-2 will pass through it after one year.

Please tell me why I cannot expect a good profit margin in Audit 2 during the next one year?
84490)   
Rana Khurram 
City & Country:
-
Thursday, July 21, 2016 02:49 PM PST  Reply: >

https://jang.com.pk/latest/141726-property-valuation-govt-withdraws-appointing-sbp-officials
congratulations!

Habib replied on Thursday, July 21, 2016 03:18 PM PST 

I Hope some activity will start in Market after this
News

Waseem® replied on Thursday, July 21, 2016 06:45 PM PST 

Congratulations for what ?

Iftikhar Wariach replied on Friday, July 22, 2016 04:50 PM PST 

Mr.Iftikhar Butt, I have been searching for a
plot in some society for quite some time to earn decent amount on my investment. But due to recent tax measures envisaged by the govt, I have decided to wait for some time.During past weeks I have visited a number of societies on defence road and have noticed absence of development work in most of the societies,whereas prices of plots are quitehigh. Based on this observation I think Audit& Accts Society ph 2 may not be underestimated on this criteria.Butt sb based on your estimation of prices in A&A society, the price per marla is even less than 2lac which is at parity of prices of land available ib the vicinity of Lahore having no deveopment at all. Moreover LRR and engulfing by LDA city add special features to this society. Butt sb I will further probe the viability of investment in this society and keep friends updated please. Regards
84489)   
9 prism 
City & Country:
Lahore
Thursday, July 21, 2016 02:44 PM PST  Reply: >

Plz evaluate the following plots 9 prism

R 2745
R 1878

thanks

ASIM IRFAN replied on Thursday, July 21, 2016 03:08 PM PST 

Dear Sir,


Your
plot near R 2745 is around 70 lacs ( 2 paid )

Your plot near R 1878 is around 38 to 40 lacs ( 2 paid )



ASIM IRFAN
+923224003475
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM

========================
84488)   Send E-mail only to  advertisement poster
jehanzeb 
City & Country:
Pakistan
Thursday, July 21, 2016 02:35 PM PST  Reply: >

change of property laws
Dear All

There has been a lot of discussion on the successful meeting of Government and dealers, however I would like to point out that the new laws have been passed by parliament and hence no one including Mr. Dar can change or amend them. These will have to go back to the parliament for any amendments. Secondly the supreme court can set aside a law passed by parliament if it is against the constitution of Pakistan otherwise it cannot change or order a stay on a law passed by the parliament.

Secondly I think in any market, perception is more important than reality. If most people think that the market will go down, then it will go down regardless of the underlying fundamentals. Property has had a good run for the last 3 years and its gains have been 10 times more than the growth rate of the economy. Therefore it cannot go on increasing at this rate. Eventually all property is linked to the over all economy. You cannot separate the two for the long term.

Real Estate is best replied on Thursday, July 21, 2016 03:31 PM PST 

oh thank you very much for telling the greatest secret of world

Habib replied on Thursday, July 21, 2016 03:31 PM PST 

There is inherent Tendency in real estate market and that is its inertia for both Up and Down, You recall slow down in 2005 but Bottom in 2008. You will hardly see any change or panic selling for at least one year, My anticipation is Transections will fall down price growth will stop but fall in price will not happen, This Situation will Continue for Couple of years and then there will be improvement

I will warn Buyers to be extremely cautions in Buying Futuristic Properties, reason is development and hand over is lot dependent on turn over, Usually developers and big file holders keep holdings and slowly release in Market, In Slow over the Money Supply to developer dries, resulting sometimes in Collapse no matter how sincere they are.

End on 2017 will be good time to buy ready properties bit cheaper than today price and Pak rupee may have to face pressure as well.
84487)   Send E-mail only to  advertisement poster
MOHAMMAD RIAZ 
City & Country:
0092
Thursday, July 21, 2016 02:28 PM PST  Reply: >

Please access the current value of my commercial plot 48/2 Quaid Block Bahria Town Sector E.
84486)   
RAPak® 
City & Country:
-
Thursday, July 21, 2016 02:23 PM PST  Reply: >

Suggestion of system change
I really appreciate fast successful meetings our FBR Team, Mr. Haroon Akhter and Minister for current Tax Policy. Why did not this respected management utilizing goby from other countries like Europe, Australia, USA or Canada. Currently the discussion concludes that Black Money (OVERSEAS HALAL EARING) becoming issue day by day and it will effect drastically to Overseas Pakistani. A small change in system can resolve many issues and will give best conversion and usage of “WHITE MONEY”

I will feeling itchy and uncomfortable by giving the example of India our neighbor where all overseas Indian have one NRIs (Non Residence Indian) account (NRE), which is using very efficiently and effectively in-country and no BLACK and WHITE concept for overseas workers. Our Management can take other country best goby.

Non Residence Overseas account lets Overseas Pakistani transfer Our earnings to Pakistan conveniently with complete security in “WHITE” mode.
Features & Benefits: (1.) Free transfers of funds freely between Pakistan and abroad. (2.) Pay ZERO tax on the interest earned on your Non Residence Account in Pakistan
Accessibility: (1.) Withdraw cash easily and shop worldwide with International Debit Card. (2.) Appoint a mandate to operate your account for you
Managing your account: (1.) Transfer your funds freely to any place outside Pakistan. (2.) Conduct transactions securely online, 24x7 with Net Banking . (3.) Other benefits of Pay utility bills, Cheque books, sage deposit lockers same typical.

To transfer money to your NR Overseas account, we can: (1.) Transfer funds from abroad in a freely convertible foreign currency (2.) Present foreign currency notes / traveler’s cheques brought in by us on your visit to Pakistan. (3.) Directly remit the amount to Pakistan bank from your overseas bank account. (4.) Transfer funds from an existing Non Residence Overseas Account held in other banks in Pakistan.

Now when one overseas will use this amount purchasing the property by paying from his overseas account the money will be always WHITE and no need to worry to overseas employee as well as FBR. It will save a lot of time and work very professionally.

KK® replied on Thursday, July 21, 2016 05:03 PM PST 

very good suggestion...but decision makers have small brains..its difficult to make them understand

MIT® replied on Thursday, July 21, 2016 10:00 PM PST 

Good suggestion and can be implemented if not otherwise 'unsuitable' to the ruling class.

Not Registered Yet 45709 replied on Saturday, July 23, 2016 01:15 AM PST 

Very good suggestion but they r all looters they cant implement any law which is in favor,prosperity of public.
84485)   
99 
City & Country:
-
Thursday, July 21, 2016 01:21 PM PST  Reply: >

http://www.pkrevenue.com/exclusive/finance-minister-to-announce-agreed-mechanism-for-immovable-property-valuation-on-july-21/

How much true is this?
84484)   
LRE Rates Update 
City & Country:
-
Thursday, July 21, 2016 11:58 AM PST  Reply: >

Lahore Property Prices Update By Lahore Real Estate ® July 21,2016
DHA Lahore Phase 5 Proper (10-Marla) , 115 Lacs 21/07/2016 Call Salman Masqood +923004009967

DHA Lahore Phase 6 (5-Marla) , 49 Lacs 21/07/2016 Call Fawad +
DHA Lahore Phase 6 (10-Marla) , 86 Lacs 21/07/2016 Call Fawad +
DHA Lahore Phase 6 (1-Kanal) , 124 Lacs 21/07/2016 Call Fawad +

DHA Lahore Phase 7 (5-Marla) , 43 Lacs 21/07/2016 Call Fawad +
DHA Lahore Phase 7 (10-Marla) , 60 Lacs 21/07/2016 Call Fawad +
DHA Lahore Phase 7 (1-Kanal), 90 Lacs 21/07/2016 Call Fawad +

DHA Lahore Phase 8 Z Block (10-Marla) , 58 Lacs 21/07/2016 Call Fawad +
DHA Lahore Phase 8 Z Block (1-Kanal) , 90 Lacs 21/07/2016 Call Fawad +

DHA Town Lahore (5-Marla) , 43 Lacs 21/07/2016 Call Hassan Mehmood +

Prism DHA Lahore Phase 9 (5-Marla) , 34.25 Lacs 21/07/2016 Call Tariq Raheem +
Prism DHA Lahore Phase 9 (10-Marla) , 59 Lacs 21/07/2016 Call Tariq Raheem +
Prism DHA Lahore Phase 9 (1-Kanal) , 76 Lacs 21/07/2016 Call Tariq Raheem +

DHA Lahore Phase 9 Extenssion (5-Marla) , 31 Lacs 21/07/2016 Call Tariq Raheem +
DHA Lahore Phase 9 Extenssion (10-Marla) , 47 Lacs 21/07/2016 Call Tariq Raheem +
DHA Lahore Phase 9 Extenssion (1-Kanal) , 67 Lacs 21/07/2016 Call Tariq Raheem +

DHA City Lahore (5-Marla) , 11.50 Lacs 21/07/2016 Call Asim Irfan +923224003475
DHA City Lahore (10-Marla) , 19.90 Lacs 21/07/2016 Call Asim Irfan +923224003475
DHA City Lahore (1-Kanal) , 34.50 Lacs 21/07/2016 Call Asim Irfan +923224003475

DHA Rahbar Phase 2 Ext (5-Marla) , 32 Lacs 21/07/2016 Call Jawad Ahmad +

DHA Multan Allocation (1-Kanal) , 41 Lacs 21/07/2016 Call Mian Fawad +923024489001
DHA Multan Affidavit (1-Kanal) , 42.50 Lacs 21/07/2016 Call Mian Fawad +923024489001

DHA Bahawalpur Land Affidavit (1-Kanal) , 36 Lacs 21/07/2016 Call Tariq Raheem +

DHA Gujranwala Land Affidavit (10-Marla) , 26.50 Lacs 21/07/2016 Call Mian Fawad +923024489001
DHA Gujranwala Land Affidavit (1-Kanal) , 38.25 Lacs 21/07/2016 Call Mian Fawad +923024489001

*Commercial Files Prices Update,*
DHA Lahore Phase 6 MB (4-Marla), 410 Lacs 21/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 6 E Block (4-Marla), 455 Lacs 21/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 7 (4-Marla), 252 Lacs 21/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 8 IVY Green (4-Marla), 262 Lacs 21/07/2016 Call Salman Masqood +923224009967
DHA Lahore Phase 8 Parkview (4-Marla), 305 Lacs 21/07/2016 Call Salman Masqood +923224009967
DHA Rahbar Phase 2 Ext (4-Marla), 223 Lacs 21/07/2016 Call Salman Masqood +923224009967
DHA 9 Town ( 4 Marla ) 340 Lacs 21/7/2016 Call Salman Masqood +923224009967
DHA Phase 5 M Block ( 4 Marla ) 362 Lacs 21/7/2016 Call Salman Masqood +923224009967
*Residential Installments Plots Prices Update,*

Lake City Installment (7-Marla) , Total Booking Price = 41.90 Lacs, Down Payment = Lacs, Quarterly Installment = 349000/- Lacs , (2.5 Years Plan). Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 21/07/2016 Call Adil Saeed +923224009967

Lake City Installment (10-Marla) , Total Bokking Price = 65 Lacs, Down Payme= 10 Lacs, Quarterly Installment=550000/- Lacs (2.5 Years Plan) . Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 21/07/2016 Call Adil Saeed +923224009766

Lake City Lahore Commercial Installment (5-Marla) , Total Booking Price ,325 Lacs, Down Payment , 100 Lacs, Quarterly Installment , 2.50 Lacs (2.5 Years Plan) . Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 21/07/2016 Call Adil Saeed +923224009766

Lake City Lahore Commercial Installment (8-Marla) , Total Booking Price ,520 Lacs, Down Payment , 100 Lacs, Quarterly Installment , 42 Lacs (2.5 Years Plan) . Current Profit Or Loss on Booking , Must Call As Rate Changes A Lot During Day 21/07/2016 Call Adil Saeed +923224009766

DHA Bahawalpur Installment Plots Current Profit 22 Lacs Booking (10-Marla) , Must Call As Rate Changes A Lot During Day 21/07/2016 Call Tariq Raheem +
DHA Bahawalpur Installment Plots Current Profit 38 Lacs Booking (1-Kanal) , Must Call As Rate Changes A Lot During Day 21/07/2016 Call Tariq Raheem +

DHA Multan Installment Plots Current Profit On Booking (10-Marla) , Launch Soon 21/07/2016 http,//bit.ly/1qT2BWF
DHA Multan Installment Plots Current Profit On Booking (1-Kanal) , Launch Soon 21/07/2016 http,//bit.ly/1qT2BWF


*Residential Plots Prices Update,*
DHA Lahore Phase 5 M-Block (1-Kanal) , 135 To 180 Lacs 21/07/2016 Call Salman Masqood +923004009967

DHA Lahore Phase 6 (5-Marla) , 60 To 85 Lacs 21/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 6 (10-Marla) , 135 To 165 Lacs 21/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 6 (1-Kanal) , 125 To 275 Lacs 21/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 6 (2-Kanal) , 300 To 450 Lacs 21/07/2016 Call Hassan Raza +923028449766

DHA Lahore Phase 7 (5-Malra) ; -- Call Hassan Raza +923028449766
DHA Lahore Phase 7 10-Malra 60 To 90 Lacs 21/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 7 (1-Kanal) , 90 To 175 Lacs 21/07/2016 Call Hassan Raza +923028449766
DHA Lahore Phase 7 (2-Kanal) , 225 To 250 Lacs 21/07/2016 Call Hassan Raza +923028449766

DHA Lahore Phase 8 (5-Marla) , 55 To 65 Lacs 21/07/2016 Call Adil Saeed +923028409967
DHA Lahore Phase 8 (8-Marla) , 72 To 82 Lacs 21/07/2016 Call Adil Saeed +923028409967
DHA Lahore Phase 8 (10-Marla) , 90 To 105 Lacs 21/07/2016 Call Adil Saeed +923028409967
DHA Lahore Phase 8 (1-Kanal) , 125 To 250 Lacs 21/07/2016 Call Adil Saeed +923028409967

DHA Lahore Phase 8 Z Block Ivy Green 5-Malra 30 To 50 Lacs 21/07/2016 Call Khadim Hussain +
DHA Lahore Phase 8 Z Block Ivy Green (10-Marla) , 60 To 78 Lacs 21/07/2016 Call Khadim Hussain +
DHA Lahore Phase 8 Z Block Ivy Green (1-Kanal) , 100 To 125 Lacs 21/07/2016 Call Khadim Hussain +
DHA Lahore Phase 8 Z Block Ivy Green (2-Kanal) , 250 to 275 Lacs 21/07/2016 Call Khadim Hussain +

Prism DHA Lahore Phase 9 (5-Marla) , 35 To 50 Lacs 21/07/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (10-Marla) , 55 To 80 Lacs 21/07/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (1-Kanal) , 65 to 140 Lacs 21/07/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (2-Kanal) , - Call Salman Masqood +923224009967

DHA Town Lahore (5-Marla) , 47 To 65 Lacs 21/07/2016 Call Hassan Mehmood +
DHA Town Lahore (8-Marla) , 75 To 85 Lacs 21/07/2016 Call Hassan Mehmood +
DHA Town Lahore (10-Marla) , 95 To 105 Lacs 21/07/2016 Call Hassan Mehmood +

DHA Phase11 Halloki Gardens (5-Marla) , 28 To 35 Lacs 21/07/2016 Call Jawad Ahmad +
DHA Phase11 Halloki Gardens (8-Marla) , 42 To 50 Lacs 21/07/2016 Call Jawad Ahmad +

DHA Air Avenue (10-Marla) , 80 To 105 Lacs 21/07/2016 Call Saeed Rafique +923224333661
DHA Air Avenue (1-Kanal) , 120 To 160 Lacs 21/07/2016 Call Saeed Rafique +923224333661

DHA Parkview Lahore (10-Marla) , 105 To 120 Lacs 21/07/2016 Call Saeed Rafiq +923224333661,
DHA Parkview Lahore (1-Kanal) , 125 To 200 Lacs 21/07/2016 Call Saeed Rafiq +923224333661,
DHA Parkview Lahore (2-Kanal) , 225 To 390 Lacs 21/07/2016 Call Saeed Rafiq +923224333661,

State Life Lahore Phase 1 (5-Marla) , 37 To 58 Lacs 21/07/2016 Call Saeed Rafique +923224333661
State Life Lahore Phase 1 (10-Marla) , 65 To 73 Lacs 21/07/2016 Call Saeed Rafique +923224333661
State Life Phase 1 (1-Kanal) , 78 To 125 Lacs 21/07/2016 Call Saeed Rafique +923224333661

State Life Phase 2 (5-Marla) , 15 To 17 Lacs 21/07/2016 Call Saeed Rafique +923224333661
State Life Phase 2 (10-Marla) , 19 To 23 Lacs 21/07/2016 Call Saeed Rafique +923224333661
State Life Phase 2 (1-Kanal) , 31 To 42 Lacs 21/07/2016 Call Saeed Rafique +923224333661


DHA Rahbar Lahore (5-Marla) , 32 To 50 Lacs 21/07/2016 Call Jawad Ahmad +
DHA Rahbar Lahore (8-Marla) , 60 To 80 Lacs 21/07/2016 Call Jawad Ahmad +
DHA Rahbar Lahore (10-Marla) , 85 To 100 Lacs 21/07/2016 Call Jawad Ahmad +
DHA Rahbar Lahore (1-Kanal) , 145 To 210 Lacs 21/07/2016 Call Jawad Ahmad +

Bahria Town Lahore Sector A & Overseas Enclave A &B (10-Marla) , 75 to 100 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector A & Overseas Enclave A & B (1-Kanal) , 100 to 175 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector B (1-Kanal) , 125 To 185 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector B (2-Kanal) , 280 To 335 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector C (5-Marla) , 37 To 50 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector C 10-Malra) , "57 To 100 Lacs
" 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector C (1-Kanal) , 98 To175 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector C (2-Kanal) , 290 To 320 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector D (5-Marla) , 40 To 65 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector D (10-Marla) , 65 To 100 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector D (1-Kanal) , 100 To 125 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector E (5-Marla) , 30 To 50 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector E (10-Marla) , 48 To 88 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector E (1-Kanal) , "120 To 150 Lacs
" 21/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Sector F (10-Marla) , "45 To 85 Lacs
" 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Sector F (1-Kanal) , 67 To 112 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Orchard Lahore Phase 1 (5-Marla) , 37 To 45 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore Phase 1 (8-Marla) , 45 to 58 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore Phase 1 (10-Marla) , 48 To 75 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore Phase 1 (1-Kanal) , 95 To 125 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Orchard Lahore OLC Phase 2 (5-Marla) , 28 To 44 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Orchard Lahore OLC Phase 2 (8-Marla) , 36 To 58 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Town Lahore Commercial Sector A B C D E F (5-Marla) , 150 To 700 Lacs 21/07/2016 Call Adil Saeed +923224009766
Bahria Town Lahore Commercial Sector A B C D E F (8-Marla) , 250 To 600 Lacs 21/07/2016 Call Adil Saeed +923224009766

Bahria Nasheman Lahore (5-Marla) , 30 To 36 Lacs 21/07/2016 Call Mian Waqas +
Bahria Nasheman Lahore (8-Marla) , 40 To 50 Lacs 21/07/2016 Call Mian Waqas +

Central Park Lahore (10-Malra) , 22 To 48 Lacs 21/07/2016 Call Mian Waqas +
Central Park Lahore (1-Kanal) , 50 To 85 Lacs 21/07/2016 Call Mian Waqas +

Fazaia Lahore Phase1 (10-Marla) , 55 To 70 Lacs 21/07/2016 Call Mian Waqas +
Fazaia Lahore Phase1 (1-Kanal) , 90 To 120 Lacs 21/07/2016 Call Mian Waqas +

NFC Lahore Phase 2 (5-Marla) , 16 To 25 Lacs 21/07/2016 Call Mian Waqas +
NFC Lahore Phase 2 (10-Marla) , 26 To 35 Lacs 21/07/2016 Call Mian Waqas +
NFC Lahore Phase 2, (1-Kanal) , 35 To 56 Lacs 21/07/2016 Call Mian Waqas +

Lake City Lahore (5-Marla) , 30 To 43 Lacs 21/07/2016 Call Mian Waqas +
Lake City Lahore (10-Marla) , 65 To 75 Lacs 21/07/2016 Call Mian Waqas +
Lake City Lahore (1-Kanal) , 90 To 120 Lacs 21/07/2016 Call Mian Waqas +

Sui Gas Lahore Phase 2 (1-Kanal) , 42 To 70 Lacs 21/07/2016 Call Mian Waqas +
Sui Gas Lahore Phase 2 (2-Kanal) , 105 To 140 Lacs 21/07/2016 Call Mian Waqas +

Important Must Read

"*Lahore Real Estate ® Pvt Ltd Is a Registered & Authorized Dealership* Please Note That Lahore Real Estate only Office Is Located At 98-Y Commercial, DHA Phase 3 Lahore And Does Not Have Any Branch Offices Or Affiliation With Any Other Entity. LahoreRealEstate.Com Is The Most Visited Lahore Based Property Market Website From The Last 12 Years Straight From ""2004 To 2016"".

Beware of imposters and fraudsters claiming to be from LRE because people blindly trust us or copycats & copy paste dealers / estates that always try to use our name , look alike web sites or WhatsApp groups etc. If they are shamelessly cheating us for our daily hard work for you be sure they wouldnt hesitate to cheat you too for many lacs in deals at every given opportunity. Lahore Real Estate always asks no money to be sent to any LRE team member other than Salman Maqsood +923224009967 for token or transfer costs even if you had deals with LRE in past..To be extra careful and safe before you finalize any deal or give any tokens please 1st inform Lahore Real Estate management by calling or sending SMS or WhatsApp text at +923224009766 or + to make sure money is sent to Lahore Real Estate proper Representative and not to fraudster dealers.

Lahore Real Estate is also informing you in advance even though we work 100% honestly for you to get an affidavit files at best prices in DHA Multan Bahawalpur or Gujranwala etc, all affidavit deals are only done on conditional token at LRE and if for any reason any deal doesnt get completed LRE will only be responsible of returning your original token. There are always minor risks in affidavits deals like legal issues in sellers land owners investors other files or sellers refusing deals due to market fluctuation. Some times DHA offices hold on to issuance of new affidavits for weeks to months ""in some cases primarily due to higher workload"".

LRE is helpless in such situations thus can only return your original token to you. Either dont buy affidavits at all or be patient and wait and we try to get files for you from time tested people . We suggest even if cost is higher to you if white money only but an allocation if available because very less or no chance seller backing off from deals , more safety from legal issues as land in DHA possession and in allocations sale deeds are also issued ."

Rates You Can Trust Are Provided By,
Adil Saeed
*Lahore Real Estate ® ( Where Dreams Come True )*
042-35692420 Upto 23 0r +9242-111-111-040
Mobile,03224009766 (+923224009766)
Mobile,03004009766 (+923004009766)
Send All eMail To, INFO@LREPK.Com
http,//www.LahoreRealEstate.Com

All Maps Available Here >> http,//www.LahorePakistan.Net
All Property Discussions Available Here >> http,//www.lahorerealestate.com/ads
84483)   
Umer135® 
City & Country:
-
Thursday, July 21, 2016 11:39 AM PST  Reply: >

Encouraging Progress with FBR
Good News regarding Taxes is coming SOON!!!!!!
84482)   
Saleem 
City & Country:
-
Thursday, July 21, 2016 11:39 AM PST  Reply: >

Confirmation letter for 10M lake city installments
Did some one get confirmation letter for lake city 10M installments plot. They were to issue letter in next week of Eid but i still did not get it.

ButtSaab® replied on Friday, July 22, 2016 10:21 AM PST 

You would probably get them after "Bari Eid" , I just got old booking M7c letter a week back.
Form was submitted in February :)
84481)   
Saeed 
City & Country:
UAE
Thursday, July 21, 2016 08:27 AM PST  Reply: >

Evaluation Required
Please Estimate Current Value of
Prism Zone 3 - 189

Salman Maqsood replied on Thursday, July 21, 2016 11:57 AM PST 

Dear Saeed Sb,

Your
plot near Zone 3 189 is around 300 to 310 lacs

Salman Maqsood
+923224009967
Lahore Real Estate
Email:INFO@LREPK.COM
84480)   
Abbas 
City & Country:
-
Thursday, July 21, 2016 07:47 AM PST  Reply: >

Any body have any idea about Park view Villas near thokar niaz baig. I means it current real status about Tulip and Tulip extension blocks. Thank you very much.
84479)   
CMY 
City & Country:
-
Wednesday, July 20, 2016 08:58 PM PST  Reply: >

CONGRATULATION

Alhamdulillah our efforts has been successful and Meeting with Mr Haroon Akhter advisor to Prime Minister and panel of FBR officers has ended.

GOVT. has shown willingness to withdraw the appointment of Valuators and make a fair value table for taxes and white money. We have also opposed the period Capital Gain Tax and proposed old period of two years.

DC rate in provinces will continue for Stamp Duties etc.Finance Minister Mr. Ishaq Dar will finalize deal tomorrow.

Maj M Rafiq Hasrat
DHA Lahore dealers association president.

Jawad Rizvi replied on Wednesday, July 20, 2016 09:06 PM PST 

Congratulations to you too,
CMY; to all other members and to Nation.

Ejaz_EJ® replied on Wednesday, July 20, 2016 09:08 PM PST 

CMY... You rocks

BAJWA® replied on Wednesday, July 20, 2016 09:36 PM PST 

CMY thanks May Allah Almighty bless u with good health

Newbie replied on Wednesday, July 20, 2016 10:29 PM PST 

CMY. In the last post u mentioned that there will b huge gains if amnesty given... kindly can u elaborate the reason for that.. thanks

Kureshi® replied on Wednesday, July 20, 2016 10:39 PM PST 

Lots of unanswered questions :

1. What about audit of last 5 - 10 year transactions

2. Capital gain tax percentage

3. Opposition of proposed gain tax period - the verdict .

4. Amnesty on what and when ?

Good thing is that no SBP evaluation.

Real Estate is best replied on Wednesday, July 20, 2016 11:34 PM PST 

great

AHMAD HASSAN® replied on Thursday, July 21, 2016 12:48 AM PST 

Will business become normal from tomorrow now?

NT replied on Thursday, July 21, 2016 02:18 AM PST 

In case of amnesty, black money currently sideline in the system will flow to property market & could be big plus for real estate.

Not Registered Yet 38167 replied on Thursday, July 21, 2016 07:04 AM PST 

Thanks God

User_3295® replied on Thursday, July 21, 2016 07:07 AM PST 

Thanks God

Not Registered Yet 8160 replied on Thursday, July 21, 2016 10:15 AM PST 

Status of sangatpura
phase 7
Aoa. I wanted to know what is the status of sangatpura village phase 7 x block. And when is the posession expected in non posession plots of x

Mrs imran replied on Thursday, July 21, 2016 10:16 AM PST 

Status of sangatpura
phase 7
Aoa. I wanted to know what is the status of sangatpura village phase 7 x block. And when is the posession expected in non posession plots of x

Mrs imran replied on Thursday, July 21, 2016 10:16 AM PST 

Status of sangatpura
phase 7
Aoa. I wanted to know what is the status of sangatpura village phase 7 x block. And when is the posession expected in non posession plots of x

Syed Zafar abbas replied on Thursday, July 21, 2016 12:41 PM PST 

But daily hang
news paper of today is telling some other story. Govt is committed not to withdraw any thing. Things will remain same as govt already decided. Govt is firm to grab and tap the source of real estate business.

Mrs Imran replied on Thursday, July 21, 2016 01:12 PM PST 

Please koi meri baat ka bhi javab dai doo

H Ali replied on Thursday, July 21, 2016 02:05 PM PST 

Jang
news doesnt want this to happen thats why. GEO and Jang news have been spreading negativity and IA they will be proved wrong. They have zero credibility and can be bought by anyone. all they need is $$$$

Rana Shafqat® replied on Thursday, July 21, 2016 02:51 PM PST 

Jang aur Jeo ka Bycott, for bieng against realestate

Rana Shafqat® replied on Thursday, July 21, 2016 02:54 PM PST 

You are Amir Batwani or Mrs Imran ? as both are asking same question ?

Mrs Imran replied on Thursday, July 21, 2016 03:03 PM PST 

@ rana shafqat! Our questions is same but v r different ppl, but no 1 is replying '______'

Rana Shafqat® replied on Thursday, July 21, 2016 03:38 PM PST 

Well then get registered, Sangatpura villageis shrinking in size, will eventually reduced to a very small size before disappearing, as the cases in court are nearing to logical conclusion, however, if u will mention your
plot no I can try to give precise information.

Mrs imran replied on Thursday, July 21, 2016 04:37 PM PST 

Its 1681

Mrs Imran replied on Friday, July 22, 2016 10:54 AM PST 

Where is your PRECISE information @ Rana shafqat??

User_12307® replied on Saturday, July 23, 2016 09:31 AM PST 

It was a very successful move by our ruing class and civil service to legitimise their black money and property by giving only a few percent of tax,without having to take it out of Pakistan ...Bravo..they involved the whole nation in it and now every one is thankful that it is settling...instead of demanding from them to be accountable...that is called a super shot...Bravo
84478)   
CMY 
City & Country:
-
Wednesday, July 20, 2016 08:56 PM PST  Reply: >

CONGRATULATION

Alhamdulillah our efforts has been successful and Meeting with Mr Haroon Akhter advisor to Prime Minister and panel of FBR officers has ended.

GOVT. has shown willingness to withdraw the appointment of Valuators and make a fair value table for taxes and white money. We have also opposed the period Capital Gain Tax and proposed old period of two years.

DC rate in provinces will continue for Stamp Duties etc.Finance Minister Mr. Ishaq Dar will finalize deal tomorrow.

Maj M Rafiq Hasrat
DHA Lahore dealers association president.
84477)   
BAJWA® 
City & Country:
-
Wednesday, July 20, 2016 07:47 PM PST  Reply: >

Positive developments in 2nd round of Property Taxation Committee meeting
1. immensity scheme expected
2. property transactions will not be monitored
3. proposal to eliminate role of SBP panel
4. no audit of last 5 yrs property deals

BAJWA® replied on Wednesday, July 20, 2016 07:49 PM PST 

sorry amnesty

Ali32 replied on Wednesday, July 20, 2016 08:17 PM PST 

Please share the source of this
news??

Kureshi® replied on Wednesday, July 20, 2016 10:43 PM PST 

All 4 points are great and thank you for sharing. The official statement being spread is a bit different and doesn't not cover these awesome points.

Please advise if this is also official or wish list.

BAJWA® replied on Wednesday, July 20, 2016 11:02 PM PST 

these are recommendations agreed by both parties Adviser to Pm,FBR and stake holders.final decision will be in the meeting with Ishaq Dar. this is my limited knowledge through media rest Allah knows best.

Khalid Azad® replied on Thursday, July 21, 2016 06:21 AM PST 

Government refuse to accept any demand,as per sources.
Government taking time like capital tax on Bank withdraw.
84476)   
Hashmi® 
City & Country:
-
Wednesday, July 20, 2016 07:29 PM PST  Reply: >

THE EXPRESS TRIBUNE: Taxing Real Estate
ISLAMABAD: The government on Monday showed its intention to retreat from its stance of taxing gains from the property business at fair market value and constituted a committee of stakeholders to find a solution after property transactions came to a halt.

The committee would comprise real estate agents, representatives of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Federal Board of Revenue (FBR).

The constitution of the committee underscores flaws in the budget-making process, which the National Assembly passed just last month.

The decision to constitute the committee was taken after a meeting between the tax authorities and the real estate sector representatives.

Special Assistant to Prime Minister on Revenue Haroon Akhtar Khan chaired the meeting.

Property market expects govt to take back controversial tax decisions

Through the Finance Act 2016, the government got an amendment to Section 68 of the Income Tax Ordinance approved, allowing the FBR to determine the fair market value of any property without taking into consideration the value fixed or notified by any provincial authority.

The fair market value will be determined on the basis of valuation done by a panel of approved experts of the State Bank of Pakistan (SBP).

Till June 30, the value of property for tax purposes was determined on the basis of rates set by the district commissioner, which in most cases were several times lower than the prevailing market rates.

The real estate agents claim that after recent changes in the law, the property transactions in major cities have stopped.

The estimated size of black money parked in real estate is around Rs7 trillion, according to officials.

Experts argue that such vast powers to the FBR or the SBP nominated experts would open new avenues of corruption – a concern also expressed by the real estate agents during Monday’s meeting.

The committee would submit its recommendations to Finance and Revenue Minister Ishaq Dar by the end of current week, said an official of the FBR.

Govt may double tax on transfer of properties

“Stakeholders have expressed concern over four clauses of the income tax law that deals with taxation on real estate in addition to objecting to the procedures being adopted to calculate these taxes,” said Chaudhry Abdul Rauf, President of the All Pakistan Real Estate Agents Association.

He said the association objected to the government’s decision to charge a flat 10% capital gains tax on properties sold within five years of the holding period. “The association sought reintroduction of the slab rates instead of charging the fixed rate,” said Rauf.

He said the valuation system under Section 68 was not acceptable and feared it would open new avenues of corruption.

The association also objected to the increase in withholding tax on the sale and purchase of properties in the budget for 2016-17.

Solution offered

Naveed Zafar Ashfaq Jaffery & Co – a chartered accountancy firm – has proposed three solutions. It has suggested that a one-time amnesty scheme may be introduced for declaring the property at the actual cost and paying taxes at 2% or 3% of the amount of difference between the declared cost and the actual cost.

Such differential amount may be added to the declared assets after availing the scheme and payment of taxes.

The officials said any solution would be for the future and past property transactions might have to be condoned by offering an amnesty scheme.

Property dealers asked the government to gradually increase the property valuation over a period of five years, however, government officials proposed the increase in rates over three years.

The new property valuation rates would be lower than the fair market value but significantly higher than the rates fixed by the district commissioner, they added.
84475)   
Amirbatwani 
City & Country:
Lahore
Wednesday, July 20, 2016 04:51 PM PST  Reply: >

Status of sangatpura phase 7
Aoa. I wanted to know what is the status of sangatpura village phase 7 x block. And when is the posession expected in non posession plots of x and v blocks.
Regards

MIT® replied on Wednesday, July 20, 2016 09:58 PM PST 

@Ashfaq..What if, one is unable to pay the charges due on time for any reason(s)? Instead of giving your 'fatwa' leave it to the people to decide themselves because each and every sour is responsible for his own deeds. You and myself shall go to our own graves separately.
84474)   
CMY 
City & Country:
-
Wednesday, July 20, 2016 02:42 PM PST  Reply: >

Dear friends an important note to save a lot of money. Even if you have not received your Dha Lahore 9 Prism or DHA Phase 8 Ivy Green plots development charges intimation letters still you must pay due installments to avoid fine and interest on fine that is huge 20% calculated daily bases on each missed installment for each day you missed it.

Approximate per day fine for each missed installment is
01 Kanal = Rs 91
10 Marla= Rs 61
05 Marla= Rs.41
04 Marla Commercial= Rs 91
08 Marla Commercial= Rs 174

If can afford pay installments and donate possible files amount for good cause instead of giving to DHA. BTW DHA never ever waive off any fines. Must send separate pay order for each plot to DHA.

Never pay more than due installments as higher paid plots very hard to sell in market. Never pay full amount in advance or forget about selling it untill all nearby plots locations are full paid too. No discount to pay in lump sum to sellers but only buyer lose a chance to pay remaining due amounts in installments so he will only look for due paid plots instead of full paid.

*BTW market is very slow because taxes issue may take a while to get solved. Law have to be passed in parliament to reduce reverse or correct it and also announce amnesty scheme on property sale purchase money in past and for future couple of years*

Let the corrupt people sell their DC rates purchased land for CPEC projects or routes at new 10 times higher market rates to Govt first to mint easy billions more dollars and than let these poor guys once again take those easily minted billions of dollars to outside Pakistan by making them halal and trouble free through in near future amnesty scheme on transactions ( You will be told it is a big favor for you to recover the recent loses) . All this is going to take a lot of time so best thing for you to do is to play Pokémon Go for now with your kids or take your kids out side so they can catch a few birds




Your friend
Choudry Mujahid Yasin ( CMY )
+

Ashfaq® replied on Wednesday, July 20, 2016 03:51 PM PST 

Brothers, just to let you know the fine on late payment comes under category of "Interest" according to Shariah rulings. Please do not delay payment of development charges even for one day. Anyways, everyone has his own choice and views. I am not forcing anyone.

Babar® replied on Wednesday, July 20, 2016 05:32 PM PST 

I have a question, if someone is not paying the
installments of his 1-kanal plot for complete 3 years, what will be the total amount of delay penalty / surcharge ?

User_19995® replied on Wednesday, July 20, 2016 05:56 PM PST 

365*3*91=99645 PKR

SIM replied on Wednesday, July 20, 2016 07:25 PM PST 

So no more real estate business in near future

User_18559® replied on Wednesday, July 20, 2016 07:50 PM PST 

@ Ashraf,

Total Delay penalty for all
installments will be = Rs. 655,200
Development charges after 3 years will be 1,950,000 + 655,200 = Rs. 2,605,200.

User_18559® replied on Wednesday, July 20, 2016 07:51 PM PST 

Sorry above message was in reply of Babar.

MIT® replied on Wednesday, July 20, 2016 10:01 PM PST 

@Ashfaq..What if, one is unable to pay the charges due on time for any reason(s)? Instead of giving your 'fatwa' leave it to the people to decide themselves because each and every sour is responsible for his own deeds. You and myself shall go to our own graves separately.

Ashfaq® replied on Wednesday, July 20, 2016 11:16 PM PST 

@ MIT. Please not I am not a scholar and I didn't give a fatwa. I just shared one ruling and clearly mentioned *everyone has his own choice and views. I am not forcing anyone*. If you don't like it just ignore it. I hope message is clear now.

Rana786® replied on Thursday, July 21, 2016 05:20 AM PST 

Bahio,

I right calculation is as follows.

1st
installment pay nahi ki so 91*365 = 33215 for 1 year.
2nd installment pay nahi ki so 91*(365-120) = 22,295 for 1st year.
3rd installment pay nahi ki so 91*(365-240) = 11,375 for 1st year.
4th installment pay nahi ki so 91*(365-360) = 455 for 1st year

2nd year will be the same but you add previous year.

Farhan_29® replied on Thursday, July 21, 2016 12:49 PM PST 

Rana sb second year mai first year ka compound interest bhi pare ga plus the second year fine
84473)   
Ismail 
City & Country:
Dubai
Wednesday, July 20, 2016 01:30 PM PST  Reply: >

Have You Heard About ‘Nad Al Hammar Gardens’?
No? Okay let me tell you about it. Nad Al Hammar Gardens is an upcoming real estate project set in the heart of Dubai.

This huge development project comprises of 69 residential plots, 32 mixed use plots, 12 showroom plots and 2 school plots. It’s an ideal opportunity for foreign and national investors who want to plough their money into the freehold areas of Dubai.

The 6 million sq ft freehold community project is located east of Dubai creek, close to Mirdiff and Al Warqa areas and is in close proximity to City Centre Mirdiff. Its distance from Dubai International Airport will not be more than 15 minutes’ drive, distance from New Dubai is around 20 minutes’ drive and Jebel Ali is just 40 minutes away from the project.

With strong focus on community features, the development offers a great range of amenities including mosques, schools and retail areas. Beautiful landscaping and gardening will add great value to customer experience and create a unique and memorable environment.

Nad Al Hammar Gardens strategic location will not only attract investors but this project will also play a key role in Dubai’s expansion plans. Projects like these are the proof that the future of real estate sector is very bright in Dubai. The growth of Dubai’s economy and real estate sector is the evidence of the well thought out policies of our government headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai who with his strong leadership and visionary initiatives turned Dubai into a leading business and financial hub of the world.

Ali replied on Wednesday, July 20, 2016 02:39 PM PST 

Property main attraction kam hoti ja rahi hai ab logo ki

A R Khan replied on Wednesday, July 20, 2016 09:17 PM PST 

Always remember, If you have no rights in a country, DON'T invest. By this logic, don't invest even in Pakistan in areas where qabza groups or other mafia operate.

Bhaijan replied on Wednesday, July 20, 2016 09:36 PM PST 

Rule is never invest in a country where you have no rights. Even in Pakistan, don't invest in areas/schemes where there are qabza groups/mafias operate - in other words where you cannot go any time of the day or night as you please.

Not Registered Yet 6972 replied on Thursday, July 21, 2016 03:13 AM PST 

send me for info please at
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