Lahore Real Estate Forum

Monday, December 15, 2025 04:38 AM
Total Records: 142   Records Viewed Per Page: 10
(142)
Thursday, March 15, 2012 01:56 AM PST 
phase 7

What is the future of phase 7. Will the prices fall once the PV allotees start selling their plots

Azad K replied on Thursday, March 15, 2012 05:23 AM PST 

If we could predict the future then we would all be very rich. The PV allotees may or may not sell their plots.

If PV allotees sell and there are no buyers then price could fall.

If PV allotees sell and there are buyers then price may not fall.

It is possible that PV alotees may NOT sell, if they sell what proportion of them will sell and what will they buy instead at their price range?

Khalid replied on Thursday, March 15, 2012 11:33 AM PST 

Dear Investor Most of the DHA-7 is ill planed and badly squeezed to accommodate all left over effecties of different phases.

DHA-6 extension PV file holder cet ect are prime examples.

Now it is DHA-9 only which is most promising and It looks DHA-9 will be balloted soon so to able DHA to collect more funds. Certainly development charges will be spread over 3 years and there should be no doubt within 3 year development in DHA-9 will get started.

some friends has mentioned due to inflation the development charges will be15 lac and I believe over all value of 1K plot will not be less then 60 lacs as well. That mean DHA-9 file will reach to 40 lacs soon. Therefore it is strongly suggested to buy in DHA-9 only.

Jameel replied on Thursday, March 15, 2012 11:57 AM PST 

DHA 7 is big phase so 500 plots will not have major impact on that, on the other hand DHA 7 price is realistic at the moment, it is neither inflated nor under priced.

Phase 5 ext may be sold bit cheaper in few days due to draw back of location and being isolated
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(141)
Saturday, July 16, 2011 01:51 AM PST 
dear parkview file holders

i want to share something with u about parkview ballot.few minutes before i did call to a dha official(he is kernal rank man)i asked him about ballot he told me very few months are rest in ballot of parkview files .i said it means it will take three months he emphised on his point and said no very few months.(so my guess is this it will be before september)
i asked him about location he said location is very clear it is near lahore school of economics.i think it is same place which few months before cmy bhai mentioned.i think cmy bhai knows every thing but at this time he does not want to speake any thing about parkview ballot and location.
so its a good news from my side before ramadan for parkview files holders.be happy.

Allah rakha replied on Saturday, July 16, 2011 01:54 AM PST 

sorry not few months i wanted to say few weeks.

Azad K replied on Saturday, July 16, 2011 02:05 AM PST 

Heard it all before...not once but many times. In fact every few months this news is repeated. One day it will become true as well.

JJ replied on Saturday, July 16, 2011 05:41 AM PST 

Allah Rakha Sahib,

DHA office doesn't open at 10:51 PM during night to serve you.

Allah rakha replied on Saturday, July 16, 2011 06:10 AM PST 

mr JJ i have not said that i did talks in dha office.i said i did talks with an official of dha.thanks

AHMAD replied on Saturday, July 16, 2011 01:09 PM PST 

we have been hearing this since...... People in DHA 7 have been hearing we are getting possession soon and that soon never came .... defence Rehya ..... Possession soon and now this bullshit few weeks ..... these few weeks means atleast ten years My Friend at least Ten years This is PAKISTAN
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(140)
Thursday, July 14, 2011 07:48 PM PST 
Bahria Town Enclave Islamabad Launch 8 Marla Plots On Installments

Click On Image TO Make It Larger.
Bahria Town Enclave Islamabad Launch 8 Marla Plots On Installments

Tags: 8 Marla Plots On Installments, Bahria Enclave Islamabad, Bahria Islamabad, Bahria Town Enclave Islamabad, Bahria Town Enclave Islamabad Plots On Installments, Bahria Town Plots On Installments

Mug... replied on Thursday, July 14, 2011 09:02 PM PST 

Contact CDA Master Plan cell for detail. Dont push people in wrong direction
Mug

Khan. replied on Thursday, July 14, 2011 10:03 PM PST 

Now I am scared :) I applied few days back for 10 marla. Something does not seem right. I hope and pray that Bahria does perform the job and deliver as they are advertising.

AK replied on Thursday, July 14, 2011 10:27 PM PST 

No NOC from CDA and projected land has not been purchased by Bahria so far.

atiq raja. replied on Friday, July 15, 2011 04:54 AM PST 

be care full the bahria is 4km away from cda scheme on very narrow road which can not be wide. not worth, bahria is doing fraud.please check cda wed site clearly shows that bahria is 4km away.

mahmood replied on Friday, July 15, 2011 05:41 AM PST 

observation of Mr. atiq raja is right. Master Plan Cell CDA told me that no NOC is issued. No private scheme can be developed in zone 4. Bahira have no ownership that is why size of scheme and total number of plots have not been mentioned in the advertisment. this is a big scam by bahira town and some CDA officers.

BT.. replied on Friday, July 15, 2011 08:47 AM PST 

Simply .....be remain away to save your money.....Bahria Phase 9 is no where on ground which was advertised and attracted every one.

mohammed ali replied on Friday, July 15, 2011 11:51 AM PST 

bahria enclave is sultana daako. please take care . danger 400000 watt

MAS replied on Friday, July 15, 2011 01:05 PM PST 

It is to be noted that the Bahria ad no longer shows the area map as it did in its initial ads. It also no longer says that Bahria Enclave is "In Front of (Bilmuqabil)" Park Enclave, it only says that it is "Near" Park Enclave.

AK replied on Friday, July 15, 2011 01:22 PM PST 

Please check below google map which shows both false (as shown in ads) and correct location of Bahria Enclave. Real location is far away from Park road and is almost inaccessible because a very narrow poorly built road goes to the site.

Please stay away from this fraud scheme by BT.

http://www.wikimapia.org/#lat=&lon=&z=14&l=0&m=b

mahmood replied on Friday, July 15, 2011 03:07 PM PST 

Somebody should come forward to expose this fraud in media to save the public. CDA officers are scared of Malik Riaz. They will not issue any press release until the expiry of last date. Anyhow if somebody want to know the factual position, he can call Master plan Cell CDA.

Azad K replied on Friday, July 15, 2011 05:06 PM PST 

I got a call from an agent in Pakistan, asking me to buy. He even lied about the NOC when asked. I refused to buy, but it suggests that the project is failing to sell and BT is getting desperate.

Bahria's victim replied on Friday, July 15, 2011 06:28 PM PST 

I believe people still remember Bahria's performance in this region particularly, Phase-9 was claimed to be delivered in 2003 and even in 2011 no sign, so big question mark???

AK replied on Friday, July 15, 2011 08:05 PM PST 

It seems like Malik Riaz greed has reached new peak. He is initiating new projects collecting billions of rupees without completing previous projects.

Another Victim , R Pindi replied on Saturday, July 16, 2011 12:43 AM PST 

Allah Almighty is requested to help poor Pakistanis by remaining away from yet another scam of looters like Bahria Town. They are purchasing costly properties abroad with the hard earnded money of their poor country fellows. I do'nt know how much a human being needs the money for his limited life?

Azad K replied on Saturday, July 16, 2011 02:03 AM PST 

The reason that Bahria Town keeps launching new projects without completing existing projects does suggest that Malik Riaz takes the money out of Pakistan and invests it abroad, and then he needs to launch project the money from which, is used to complete the old projects.
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(139)
Thursday, July 7, 2011 10:21 PM PST 
Bahria Town Lahore Sector D will be Launched Tomorrow

Bahria Town Lahore Sector D will be Launched in Newspapers Tomorrow.

Booking Forms From Bahria Town Are Now Available in Lahore Real Estate Office.

For confoirm booking please call Mr Ail Saeed at 03224009766

Ch Mujahid Yasin ( CMY )
03224009967

Bahria Town Sector D replied on Friday, July 8, 2011 03:18 AM PST 

Bahria Town Sector D Lahore

Khan. replied on Friday, July 8, 2011 06:13 AM PST 

if you have choice and willing to pay premium, which plot is better?
1. Corner?
2. Main Blvd?
3. Facing park?

ua replied on Friday, July 8, 2011 02:05 PM PST 

For a plot measuring 10 marla or more, corner is definitely a big advantage as it gives you various options during constructions (e.g. separate entrance for upper portion; separate entrance for servant quarter at the back). For a smaller sized plot, I don't think it is that much of an advantage.

I don't know why a plot on Main Blvd is considered to be a better plot. If you want to build a home, the ideal location is just off the main boulevard. It saves you from the traffic right in front of your house and is easily accessible. Facing park is a good location if it is a well maintained park, otherwise you may end up living in front of the neighborhood garbage dump.

Azad K replied on Friday, July 8, 2011 06:01 PM PST 

I would always recommend from experience for people to go for the existing on ground plots first, unless they have some compelling reason for going for new launches.

Bahria Sector D Lahore replied on Saturday, July 9, 2011 02:40 PM PST 

Bahria Town Sector D Lahore Location Map

https://www.lahorerealesate.com/ads/public/img-.jpg

LRE Hot Topics replied on Monday, July 11, 2011 07:28 PM PST 

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(138)
Thursday, July 7, 2011 06:21 PM PST 
Bahria Enclave ISB

Hi guys, please give ur comments on this offer, i m amazed by its timing, and interestingly its closing date is 20 july, it will give one jerk to minds who r thinking ABOUT DHA or CDA park enclose offer.

Khan. replied on Thursday, July 7, 2011 07:38 PM PST 

More details are needed:
1. Does this cost include development charges?
2. Possession status/time frame?
3. Is there a discount for lump sum payment?

Bahri a is notorious in slapping hefty charges so I am pretty sure low price to lure more ppl and then slap lacs of rupees in the name of inflation etc.

atiq raja. replied on Thursday, July 7, 2011 09:32 PM PST 

same location of cda park enclave,half price 60 lakh per kanal,better than cda,any how cda have big jerk from behria town.

Bahria Enclave Islamabad replied on Friday, July 8, 2011 03:27 AM PST 

Bahria Enclave Islamabad or CDA park Enclave Islamabad?

Khan. replied on Friday, July 8, 2011 04:12 AM PST 

BEI due to price but again Bahria could come back and slap huge charges. I am going for 10 marla plot. I talked Bahria and they told its first come first serve, no ballot so thats good. Possession in 2 yrs. 5% discount if paid in lumpsum.

mtaus replied on Friday, July 8, 2011 05:56 PM PST 

One more question arises. Doesn't Bahria require NOC from CDA for scheme in Zone 4. As per CDA website, private housing schemes are permitted only in Zone 2, Zone 5 and E-11. Bahria ad does not give any NOC number nor does CDA website mention this scheme.
Any comments from the experts?

Azad K replied on Friday, July 8, 2011 06:04 PM PST 

Unless Bahria is allowed to use the DHA banner, it would need NOC from CDA.

Khan. replied on Saturday, July 9, 2011 09:46 AM PST 

I talked to Bahria customer support guys and was told they have NOC and all legal paper work in place to see this project. Please confirm at your end before buying.

Thanks.

Azad K replied on Saturday, July 9, 2011 04:46 PM PST 

If they have NOC then they should display it, like all other schemes on their website and advertisements. I think the fact can only be confirmed by CDA. Also to my knowledge 2 NOC's are required, one is planning and the other is engineering.

Nauman replied on Saturday, July 9, 2011 07:51 PM PST 

It looks to be a very nice housing scheme. Did Bahria got an NOC from CDA? Bahria Town is actually challenging CDA by launching a new scheme just opposite to the CDA "Park Enclave" and the plots price is half of the CDA one.Challenging CDA monopoly is Islamabad!! I am also interested to buy a plot but hesitant because of the legalities of this scheme. Its also very interesting that Bahria luanched Enclave exactly exactly with the CDA Park Enclave. I also talked with a Bahria sales officer and he told "Land is owned by Malik Riaz" But about NOC status, no satisfactory reply...

LRE Hot Topics replied on Monday, July 11, 2011 07:28 PM PST 

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(137)
Thursday, July 7, 2011 08:10 AM PST 
Intresting question

Germany makes 7400 MW power from solar and 27000MW form wind

why we want to build coal or oil power plants ? Do we know the harmfull effect of C02 and how it contibutes to global warming , which means more floods or extreme droughts

second question Nulear power plants are not safe in earthquake zone or near sea, Are pakistan nuclear power plants in chasma and khi safe? and what will happen if a natural disarter happen their?

we should think about it?

Azad K replied on Thursday, July 7, 2011 08:26 AM PST 

OIl power plants we don't need but coal we must build. If your total demand is 20,000MW and it increases by 10% a year, then you need 2,000MW extra every year. You cannot solve your problem by building small power plants. We need power plants that will add 1,000s of MW each year.

I read somewhere that by 2030 we will need 100,000MW. At the moment it is around 20,000 so that means we need 80,000 extra in about 20 years. So that means we must add 4,000 extra each year on average.

Ahsan replied on Thursday, July 7, 2011 03:17 PM PST 

Why do not u speak abaout Kala Dam
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(136)
Thursday, July 7, 2011 07:39 AM PST 
My observation about long term projects

I have been following this website for 3-4 years now , tne team of this website is bunch of nice guys but I do not think they understand time periods when giving advise to others. So far all their estimates about time periods have been wrong.


It took phase 6 almost 10 years to get inshape and , ring road phase5-6 interchange is still under work (it was suppose to open in 2010 according to advise given on this website), DHA has so much work to do in phase 6, then phase 7 then phase 8 and then phase 9????

First of all DHA will not be able to do all this work in 1-2 years. Even if they do work on Phase 7 and 8, there will be so many plots available and according to demand and supply rule, price of phase 9 will never go up soon.

It will take atleast 20 years for phase 9 so its a very long term project . And the way the rupree is devaluating against all the international currences 50 lac of future are 20 lac of today so there is no actual gain.

50 lac of next 20 year are 20 lac of todat( Very important to understand)

The punjab govt does not have funds to give pay to govt servents the whole country is bankrupt, I do not think DHA will be able to make roads and do work on Phase 7-8 soon and phase 9 is even so so so so far away . So please convert your money into euro, australian doller, or canadian doller to make them safe.

So kindly think hard before investing in long term projects in pakistan ???????

Overseas Pakistani replied on Thursday, July 7, 2011 07:59 AM PST 

Instead of converting Pak Rupees into dollars, euros or pounds why don't we ask people to convert our foreign currencies to rupees and invest the money in the country.

If all the people convert rupee into dollars, pounds etc then this country don't need any enemies to destroy us.

All the people who invest in Pakistan's economy are very respecatable to me.
We should encourage people to invest in Pakistan instead of investing in foreign currencies or foreign lands.

Usman butt replied on Thursday, July 7, 2011 08:05 AM PST 

@ overseas Pakistani

If oder to do business in Pakistan you need to do corruption and fraud and when you do not have power or oil or security in a country why you want to invest their . Its better to through your money in a well then investing it in pakistan.

have a discussion with some one who has a small factory in pakistan to know thw situation on the other hand india is doing so much better because they have more educated people running the country

Overseas Pakistani replied on Thursday, July 7, 2011 08:26 AM PST 

@ Usman
Why we don't elect educated people or new political parties. People keep electing same rulers again and again. My point was that instead of investing in foreign property or foreign currencies we should invest in Pakistan in any profitable business.

Azad K replied on Thursday, July 7, 2011 08:34 AM PST 

For the revival of the property market, inflation need to be reduced, and we need to encourage the growth of our economy in excess of 6% a year. Otherwise our population growth will become a ticking time bomb for us, and we will not be able to feed them or give them jobs.

I would ask all to focus on the economy and the property market will improve automatically if economy improves. If you are going to buy plots buy on ground plots as opposed to files which could be a ponzi scheme. I am suspicious of developers when they don't complete existing projects and keep launching new ones. We need strong laws to regulate developers and to protect the public.

Only in Pakistan can a developer not complete the project and then ask for further development charges whilst not compensating the plot owners for not delivering on time.

usman butt replied on Thursday, July 7, 2011 08:51 PM PST 

Habib

I think Pakistan had a lot chances , China , middle east , south korea and singapore and now india all are doing well and we are so far behind that you have no idea, I have already explained that gain in Real estate is just the devaluation of your curreny and the gain is not real its artifical like manupulation of most comodities in Pakistan for personal benifits.

UAE and USA are not doing good themself , if you look in 2010 euro was 113 now its 125, Australian doller is almost 90 and canadian doller 89. Why dont we compare Pak rupree with neighbous like india and bangladash?

usman butt replied on Thursday, July 7, 2011 09:06 PM PST 

1Pak rs = 0.518 Ind Rs ( in 2000 1 pak rs was 0.85 IND rs so in 10 years our currency lost almost half of its value against indian rs)

1Pak rs = 0.868 Bang Taka now
1pak rs = 0.5023 Afghan now

Also see other ecnomic indicators and how hard earn money of many pakistanies is losing its worth.

The govrenment is bankrupt due to decads of corruption and bad polocies. They just print money and that how our curreny is going down and down

Azad K replied on Friday, July 8, 2011 06:15 PM PST 

I am just as patriotic as anyone else, perhaps a lot more. However in order to move forward we have to admit our mistakes and our weaknesses if we don't do that then we will continue to sleep walk from one crisis to another. We can do our bit for the country but unless we get good leadership all are efforts are wasted, as they good we do individually is offset many times by the bad government and the bad bureacracy that we have. We are falling behind our regional competitors. We have so much potential, but our people are the worst enemies of Pakistan.

LRE Hot Topics replied on Monday, July 11, 2011 07:26 PM PST 

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(135)
Wednesday, July 6, 2011 11:27 PM PST 

Investing in property with the intention of selling it in future is worse than getting interest from a bank in savings account.

Buy buying a piece of land and not doing anything after than and then hoping to sell it for a higher price is just another form of gambling...in fact its worse than gambling, because gambling in casino effects only the person and his family who gambles. But in real estate investment it effects the cost of living of entire community.

So when you buy a plot with the intention of selling it for more price, think again and ask yourself if you are doing the right thing.

JJ replied on Wednesday, July 6, 2011 11:36 PM PST 

What's wrong in that. A money in bank went into circulation and one is selling a plot because he need the money.

Don't give your stupid FATWA'S here and don't visit this site as this is not for people like you. Why you visiting this site by the way?

asifm9 replied on Thursday, July 7, 2011 12:11 AM PST 

Buying a plot for resale is perfactly right if we pay zakat on it i.e 2.5%/annum of market value of plot. If we start payining the zakat religiously, there will be very less people to invest in property. Allah has imposed zakat at all assets which are not use. Property investment has really increased cost of living (food,accomodation). Look at lahore, there are thousands of developed plots which are nither used for agriculture nor for residence due to this sort of investment. This land was once the source of cheep vegetables, meet and milk for lahories. Now they have to pay more for food items and more for residence. If we want to increase our wealth we should invest in agriculture or any ther business which will create job opertunity for the people.

Azad K replied on Thursday, July 7, 2011 01:09 AM PST 

People should invest in companies or businesses as opposed to real estate. If they want for their own use then it is fine, but the hoarding of plots with a view to forcing their prices up, has a negative effect on the economy. First of all it ties up huge amounts of money, which is doing nothing but just waiting for prices to appreciate. Secondly that money could be better used elsewhere in trade and industry or infrastructure building.

AK replied on Thursday, July 7, 2011 03:39 AM PST 

Well said asifm9.

Ahmed replied on Thursday, July 7, 2011 07:33 AM PST 

Any investment which has a risk of loss is perfectly alright.

AG replied on Thursday, July 7, 2011 08:11 AM PST 

Gentlemen,

1. Islam does not forbid investment in property. We need to meet the requirements set by Islam i.e pay Zakat etc.
2. Property development helps the nation in a number of ways.
3. It, ultimately, provides much needed housing units which are required in millions for the rapidly increasing population of Pakistan.
3. It provides employment to the poorest of the country, the labourers, masons, electricians, plumbers etc.
4. It supports around sixty labour intensive industries in which again the poorest get jobs.

The best way of Triggering Ecnomic Recovery is to provide soft loans for housing units & trim the prices of construction materials.

Unfortunately our litteracy rate is very low which leaves a major part of our young population without jobs & idle brains which leads them to crimes & militancy because "An Idle Brain Is The DEVIL"s Workshop". Further Acute Poverty fuels the situation.

So my dear friends property development & investment in it Makes Sense.

Kind Regards.

LRE Hot Topics replied on Thursday, July 7, 2011 03:53 PM PST 

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Wednesday, July 6, 2011 02:58 PM PST 
What whould be the Future of DHA Phase 9

Respected CM Sahib,

Please accept my appreciations on your good work, may God bless you and give you more strength to follow your decided rules.
Brother in 2005-6 I purchased the DHA phase 9 file @ 20 lacs. Many years comes and goes but I am still losser, few months back DHA Phase 5-Estention file was at 25 lacs, and now people are saying after ballot it will worth @ more than 40 Lacs,
My question is no body suggest us to burn this file of DHA Phase 9 and shift your money toward 5-Extention. I request to you please do remember people like us (who have been trapped in Phase 9) and advise me what to do now..?.
I personally feel you can advise me better than anybody else.

Regards

Sofia Khan

WatchListCanada replied on Wednesday, July 6, 2011 03:37 PM PST 

@ CMY Sahib

Very good analysis. Seems to based on real indicators.

Azad K replied on Wednesday, July 6, 2011 05:21 PM PST 

Another way of looking at it is if you put your 20 lacs in 2005 into a term deposit at even 10% a year then by 2015 it would become 52lacs. Then considering it is the second half of 2011, you would be lucky to get possession even by 2015. Inflation rate is currently about 14% therefore investing in files is seriously losing people money. If you need to live then buy a plot or file otherwise the good days of property are over. Your 20 lacs by 2011 at 10% a year would have become 35 lacs anyway and with 12 lacs development charges to pay it is costing you 47 lacs already. So where is the profit?

Not Haramkhor replied on Wednesday, July 6, 2011 06:51 PM PST 

Azad K sood is haram while investing in property is not haram.

Usman Butt replied on Thursday, July 7, 2011 07:30 AM PST 

@CMY

Sorry CMY I do not agree with you, I have been following your website for 3-4 years now , you look like a nice guy but your do not understand time periods, It took phase 6 almost 10 years to get inshape and , ring road phase5-6 interchange is still under work, DHA has so much work to do in phase 6, then phase 7 then phase 8 and then phase 9????

First of all DHA will not be able to do all this work in 1-2 years. Even if they do work on Phase 7 and 8, there will be so many plots available and according to demand and supply rule, price of phase 9 will never go up soon.

It will take atleast 20 years for phase 9 so Sofia Khan its a very long term project and either you should move out of it or have some patience. And the way the rupree is devaluating against all the international currences 50 lac of future are 20 lac of today so there is no actual gain.

50 lac of next 20 year are 20 lac of todat( Very important to understand)

The punjab govt does not have funds to give pay to govt servents the whole country is bankrupt, I do not think DHA will be able to make roads and do work on Phase 7-8 soon and phase 9 is even so so so so far away . So please convert your money into euro, australian doller, or canadian doller to make them safe

LRE Hot Topics replied on Thursday, July 7, 2011 03:52 PM PST 

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Tuesday, July 5, 2011 02:20 PM PST 
DHA Lahore Plots On Installments Application Form

https://www.lahorerealesate.com/dha_app_form_sale_of_plot.pdfDHA Lahore Plots On Installments


Dear friends I am currently trying to understand this advertisement today in newspapers.

So far I have understood.

These plots are well under priced than current going market rates and on top they are on installments of 2 to 3 years. This is a great offer and every visitor of this website should try it best to participate in this super offer by DHA Lahore.

DHA Lahore will collect lot of money that can be used to develop all phases much faster and same time people who get plots in ballot will benefit by getting a lot of profit on booking or can buy a plot in proper DHA Lahore on easy installments.


DHA have offered plots in DHA Lahore phase 1 to 9 so lets get ready for ballot and development of all current phases of DHA Lahore.


In case DHALahore.Org goes down due to heavy traffic there you can download forms from LahoreRealEstate.Com too.

https://www.lahorerealesate.com/dha_app_form_sale_of_plot.pdf


http://dhalahore.org/images/forms_download/flash_news/dha_app_form_sale_of_plot.pdf


If you need further help please call on phone.


Please note any recommendation is based only my personal feeling. I get nothing from you or DHA Lahore to recommend you or book any plot in this new installments plots booking. I am just trying to help and guide you based on my market knowledge. Its your money do more research before you apply. You will be responsible for your decisions to book or not to book. I will not share your profit or loss so I dont want to get accused of any thing in future.

Ch Mujahid Yasin ( CMY )
03224009967


Muhammad replied on Tuesday, July 5, 2011 02:35 PM PST 

Any News relavant to DHA5 EXT balloting

Arshad Majeed Khokher replied on Tuesday, July 5, 2011 02:43 PM PST 

Dear CMY,
Kindly advise about the best commercial plot option from all the commercial plots being offered in today's advertisement.

Jazakumallah Khair.

R Investor replied on Tuesday, July 5, 2011 03:09 PM PST 

Dear CMY sahib

i have two queries

1-I want to apply for phase 9 (5 Marla) plot kindly plz guide me whether it will be good investment or its better to purchase a file after ballot becoz supply of more files will put a downward pressure on the prices of these files.

2-DHA Town Vs Phase 9 (5 Marla plot/File) becoz prices are almost same
where to invest and y to invest

Ahmed replied on Tuesday, July 5, 2011 03:15 PM PST 

Are development charges included in these prices?

Thanks

Friend replied on Tuesday, July 5, 2011 03:43 PM PST 

Dear CMY,
I have a question, are these plots which DHA is offering in phase 9, developed or yet to be developed?

secondly, in all other phases like from 1-6 , Is DHA offering plots on ready to make home basis or possession will be handed over after 3 years time.
Like if i buy in phase 5, will i be able to make home ?

CMY replied on Tuesday, July 5, 2011 03:46 PM PST 

Possession is available for all plots in phase 1 to phase 6. All other plots will take 3 to 5 years to get ready for houses.

Friend replied on Tuesday, July 5, 2011 03:51 PM PST 

Thank you for the prompt reply.I have one more query...
i talked with LIVE operator and that what he said ...
Live Operator: they r on installments . possession is open in some sectors
[0:47] Farhan Butt: in phase 5 and phase 6 is it open?
[0:49] Live Operator: yes after payment of isntallments

Does it mean we can only make home after 3 years ?

CMY replied on Tuesday, July 5, 2011 03:56 PM PST 

Does it mean we can only make home after 3 years ?

You will have option to pay plot price in installments if you plan to hold plot for long term or if you want to build a house right away you can pay full amount now and get possession right away and start your house construction.

Ch Mujahid Yasin ( CMY )
03224009967

Friend replied on Tuesday, July 5, 2011 04:01 PM PST 

That just cleared everything :)
Thank you.

Kamran replied on Tuesday, July 5, 2011 04:20 PM PST 

As my part, DHA Town is far better option for 5M than DHA-9, as location of DHA Town is mentioned but not for DHA-9. DHA-9 is v huge area and definitely due to small size the 5M plots will locate at trivial area.

PROGRESS replied on Tuesday, July 5, 2011 04:33 PM PST 

Dear Bro CMY,

What is the best option in DHA 9 5M or 10M.

Secondly, is stil there picture is remaining like some more plots to come in market on installment like in DHa 5 ext and DHA 9 one Kanal.

I hate transparency replied on Tuesday, July 5, 2011 04:39 PM PST 

From the ad, it would seem that this is yet another smart initiative by DHA to collect huge amounts of interest free funds to utilize for either some investment or fixed term deposit. Smart because they know that the greedy public can't resist games of chance/luck.

1. No quantity given for the plots on offer, and how many in each phase/category (tens, hundreds, thousands?). So no one can make an informed decision of the probability of getting a plot, instead of their money back in a few months. But hey, if you're a believer in prize bonds, then this is just the thing for you!
2. No information of the plot location. This is very odd. Do CDA/LDA do this kind of selling of plots? No, if you have an exisiting location on the ground and you want to maximize return, you AUCTION it. Market forces come in to play and everything is transparent. So why is DHA so benevolent? (It would be nice if they could show some benevolence in their existing commitments and deliver the already sold phases on time or within the same decade as initially indicated).
3. By pricing it just a little bit below average market price, they ensure tens of thousands of applications. DHA makes up far more money by the potential interest on deposits, and also many of the plots will be below average and some above average. For example, if they get 50,000 applications, avg Rs 1 million down payment, earn 10% on a fixed term deposit for 3 months, they earned Rs 1.25 BILLION in interest income. That is the sale value of 250 ten-marla plots!

Some relevant phrases that come to mind here:
A. THE HOUSE ALWAYS WINS
B. IF YOU LOOK AROUND THE TABLE AND CAN'T FIGURE OUT WHO THE SUCKER IS, IT'S YOU.

It is sad that even now, they are no (enforced) regulations that oblige an organization collecting public funds to disclose relevant information. People who don't learn from history are doomed to repeat it....

Mrlahori replied on Tuesday, July 5, 2011 04:48 PM PST 

Salam, I have a question as well. I am a bit confused. Is this form and RS. 5500 fees is for ballotting ? Like i mean They will take application form from thousands of people and will do KURRAA ANDAZI and the number of people will get plots who will get in the draw ?? or anyone who apply for a plot with this form will get a plot allotment if they want to go ahead ?

I am not sure if my question make sense or not. Basically i am asking if this is a draw kind of thing on which allotment of plots is based or everyone who will apply will get a plot ?

Looking forward to this answer. Thanks

Pardesi, Jeddah replied on Tuesday, July 5, 2011 06:04 PM PST 

From a gambler's point of view it is an option to get a plot on instalments with a chance of good location; otherwise losing Rs. 1 to 5 lacs & difficulty of getting rid of it in the market as we have already got a huge number of sellers in Ph 7 & 8. Phases 1-6 have already been balotted for the good locations & some forfieted plots may be left with DHA,7-9 posession date matters.

From an investors's point of view I suggest he should wait to opt for a good location plot & pay a little premium to get a plot on instalments after the ballot.

Javed replied on Tuesday, July 5, 2011 06:19 PM PST 

I agree with the analysis of I hate transparency. It is actually our greed that entangle us into a snare.Particularly when dha has not disclosed location of plots and its acstual numbers available. It will be drone like on five marla people, who are barely minimum able to gather resources to pay and waite for three years.(it is the fault of five marla people and not of dha) if the plots are ready for possession and constsruction how it come that dha will put these plots on instalment.

CMY replied on Tuesday, July 5, 2011 06:36 PM PST 

One of the most important thing in today's advertisement is DHA Lahore phase 5 extension location. Now its official that DHA phase 5 ext will be located next to Askari phase 11 and location map also indicate DHA Lahore have enough land for all DHA phase 5 ext files.

Ch Mujahid Yasin ( CMY )
03224009967

Azad K replied on Tuesday, July 5, 2011 08:49 PM PST 

I can understand why DHA is allowing people to purchase in installments where houses aren't built yet, however even this suggests that DHA is losing its edge and has to resort to these measures.

But in Phase 1-5 if they have any plots then they should be auctioned. I cannot think of the reason behind allowing people to pay in 3 year installment in the older phases unless DHA wants to accomodate some selected persons.

MAS replied on Wednesday, July 6, 2011 12:46 AM PST 

@ 'I hate transparency' Thank you for giving words to my thoughts. More than DHA, it goes to show the character and intellectual level of the people who would apply in the ballot in the face of such insult by the balloting company.

MAS replied on Wednesday, July 6, 2011 01:12 PM PST 

To make my above comment a little more balanced DHA does enjoy more trust of public as compared to other societies because it has delivered more than others in the past which is why many would apply. Each person has the right to choose whether to apply or not but we should all be aware of the lack of transparency and that the applicant's chance of getting a good plot may be less than expected.

AK replied on Thursday, July 7, 2011 03:42 AM PST 

DHA is loosing its reputation in Lahore and Islamabad.

LRE Hot Topics replied on Thursday, July 7, 2011 03:52 PM PST 

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