Lahore Real Estate Forum

Monday, December 15, 2025 07:35 AM
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(2342)
Saturday, May 29, 2021 12:56 AM PST 
Availability of Electricity and Water in NFC-2

LRE/All,

Is there any update on when electricity and water will be available in NFC-2? Society offered possession more than 18 months ago. How many houses have been built so far?

:pkf
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(2341)
Monday, October 5, 2020 03:35 PM PST 
DHA Phase 9 prism

Please Share DHA Phase 9 Prism Lattest updates, What are market conditions for investments. It is the best option to invest. Any updates for development and possession. What is the good location plot price in F block and G block. Is there any upward trend?
Is it capable to reach 250 lacs in one year time?

Rizwan replied on Monday, October 5, 2020 05:43 PM PST 

Next jump will be on possession. It is most likely in 1 to 2 years.

End user KSA replied on Monday, October 5, 2020 07:10 PM PST 

Market is getting more stable. Right now standard in F, G & H block price range is approx 120-145 and catagray plot u can get it around 150-160. Prism prices shown in Websites are not real. They showed 10-25 lacs more form the real
market. I don know why?
The prices will never touch 250 Lacs in one year. It can reach to this level if DHA will hand over the possession.
Now in all phases the prices in correction mode. I suppose the File prices will also reduced shortly.

SFGCS replied on Monday, October 5, 2020 08:17 PM PST 

The prices will see a correction with resumption of IMF program.

Habib replied on Monday, October 5, 2020 08:35 PM PST 

I agree with End User KSA feedback. Last 2-4 weeks the prices have stopped to go up and even had correction of 5-6% on the price increase which happened between July and August.
There are some die hard fans of Prism which will even tell you that Prism will touch 3 crore in one year which is not realistic. There is still time in possession and only possession is not enough to have increase in prices rapidly and it goes slow and smooth. Prism is huge!! So imagine the time it will take for it to get populated for first 20-30% then to 50% and later to 70-80%. People would have made money in prism in 2 months (July and August) for around 20-30 lakh with the spike in prices and the increase in number of transactions. but now may be it takes 1-1.5 years to have another increase of lets say 30 lakhs as things will be slow now and even if you see now the transactions will be less.
Many "dealers" have done token to make fast money and are now stuck finding genuine buyers to sale the plot taken on biana/token - that is confirm news and the truth. many people will agree with me

gamma replied on Tuesday, October 6, 2020 02:51 PM PST 

Yes - Prism prices are now controlled by IMF and World bank. Actually George Soros just started buying corner plots

Shehzad replied on Tuesday, October 6, 2020 03:26 PM PST 

Yes Prism is undervalued right Now. It Will gain more in short term. No doubt its the best investment in Lahore now a days.
This is the best time to buy Plots in 9 prism.

+ replied on Tuesday, October 6, 2020 03:31 PM PST 

No need to buy..the market has already started going down..it will go down because bianas are been stuck..no buyer in the market..file prices going down sharply..wait till december 2202 you will get a good location plot in prism in 100~110 lakh range.

yahya replied on Tuesday, October 6, 2020 03:31 PM PST 

No need to buy..the market has already started going down..it will go down because bianas are been stuck..no buyer in the market..file prices going down sharply..wait till december 2202 you will get a good location plot in prism in 100~110 lakh range.

PRISM INVESTMENT replied on Tuesday, October 6, 2020 03:33 PM PST 

Prism prices in one year ,by sep 2021 will be 3.5 crore plus.

End User KSA replied on Wednesday, October 7, 2020 02:13 PM PST 

Dear Habib You are absolutely right..... The prices is going down slowly because most of the dealers stuck in Banas and trying to find the genuine buyers.....except the bians certain number of plots in Prism as well as in Phase 7 are marked as stay order due to refusal of transfer by the settler due to sudden jump in prices.
In my opinion the Prism average good plot should not be more than 120-130 and category plot around 150-165 not more than this. At this level of prism takes at least 5 years to reach at current population of phase 7. I agreed the location of phase 7 is not good as Prim but there is a construction.
For example, You can see phase 8 prices are stuck since 3-5 years almost with same rates. Due to high prices of plots there is no construction there.
It is good for the investors as well as end user if the prices will stable and increased on logical bases otherwise the Prism will stuck like Phase 8 and you will not see any construction there.
The area of Prims is very huge, we suppose if DHA will hand over the possession for A,P,Q R blocks in December-2020 as creates hype of some dealers personally I am not optimistic. Considering the current work speed and laying the electrification cable the DHA will reach not ready for possession before December 2021.
This is just dealers GAME and Hype.
Due to the current PTI Govt economic performance the prices will increase of property not more than 5-10% up to 2021.
See the prices of phase 10 file suddenly reach from 40 to 60lac now back to 52 in 2 weeks, in coming days it will stable under 45-50. Who fool will invest in DHA phase 10 because the history shows DHA at least took 15-20 years to develop the phase.
I have a plot in prism on 150” Road, I bought it 124 lac in Jan-2020- All paid , in June the dealer approach me and offering 107 and suddenly the price increased he offer me 125 then after week he again offer me 155 and on peek offer me 185 and now he offer me 160-165. See the dealers GAME
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(2340)
Monday, July 27, 2020 03:46 AM PST 
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(2339)
Monday, March 16, 2020 03:52 AM PST 

could overseas Pakistani sell their DHA plot without visiting Pakistan, by giving authority letter to brother in Pakistan.

ashraf replied on Monday, March 16, 2020 08:58 AM PST 

yes ,why dont you donate this to dam fund

Qamar replied on Monday, March 16, 2020 02:17 PM PST 

Off course he will once plot prices reaches at the price of peanuts.

Zakheera andozi band karo ghareeboun ka khayal karo

Habib replied on Monday, March 16, 2020 02:27 PM PST 

Dear Rashid, You cant sell a plot in DHA or LDA based on Power of Attorney, You need to Visit in person, However anyone can buy on your behalf without visiting as over seas showing Passport Copy Visa and Exit stamp Copies.
I feel sorry for Qamar and Ashraf remarks

Qamar replied on Monday, March 16, 2020 05:59 PM PST 

You don’t need to feel sorry Habib. All I said is written on the wall. Land prices are going to go rock bottom. And it should be a lesson for zakheera andoz. Buy to make a home and not to kill economy.

dxb replied on Monday, March 16, 2020 07:06 PM PST 

plots are for building houses...... it should not be used as a tool for investors to hold land while waiting for gains.

I am an investor myself. but expecting returns all the time is not practical

Faizan Ahmad (IT Team) replied on Monday, March 16, 2020 07:31 PM PST 

Dear Rashid,
Must arrive for selling. Power of attorney possible but months long process. Only family transfer possible in this way as buyer seller have too much mistrust during power of attorney transfer for payment time amounts etc
Regards,

P. K. Mirza replied on Tuesday, March 17, 2020 05:03 AM PST 

"Off course he will once plot prices reaches at the price of peanuts." Qamar are you sure? I want to buy a file in Prizm - 9, should I wait then?

Qamar replied on Tuesday, March 17, 2020 03:08 PM PST 

Mr. Mirza,

Investors have long abandoned investing in plots. It’s the investors and the greed of people that made the plot prices reach this point.

It’s been stuck for 4 years now that buying and selling stopped due to high prices. Not that majority can’t still buy plots easily. Given the economic condition of world, market fall is imminent since no big investors ( like banks , industrialist , insurance companies ) survive without liquefying the assets for long . And as far as common people are concerned majority of it still makes hardly both ends meet.

So this lockdown will make way for prices to fall drastically.

Another factor I would like to add is rent factor.

5 marla house is currently 10m rupee with rent around 35-40 thousand in return.

Given the prices not going high from 4 years and trend will stay same
Counting inflation rate people have actually lost by investing.

It seems gloomy but hopefully you will be able to buy , lest you won’t be scared to loose your money at that time around
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(2338)
Sunday, March 15, 2020 10:46 AM PST 
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(2337)
Saturday, March 14, 2020 01:55 AM PST 
Need advice from my friends

Any brother can reply on 3 questions.

1. Can I construct single storey on 1 kanal plot at DHA?
2. If yes, what is approx cost of A class construction and time period.
3. What about 2nd storey, if I need to construct after 3 years. What will be procedure? Is it allowable.

Appreciate brothers reply.

Habib replied on Monday, March 16, 2020 02:46 PM PST 

Yes you can Construct a single story in DHA, but you may face a problem getting Permission for Second story, However I will not advise it due to these reasons
Constructing second Story later will spoil the walls in first story due to damp ire water treatment of Upper story
Cost will be significantly High
A, B Class Double story House can be Completed in DHA in 170 to 180 Lac
A single story can be Completed in 70% of this price, 2nd Story can be Completed in 40% of this price if Prices do not change [ 10% Loss is due to Doing work bit by bit]
A Class have no definition and you can keep on spending as Much as You Like
Most of Beautifully Looking Thekedar Houses are B or C Class.
Average time for making a house is about 7 ,8 Months But you make it as fast as 4 Months. Fast Making House should be planned in March and in May it will dry and in June ready for paint.
For earth Filling Bhall is used for Fast making as it settles fast. If you make normal earth Filling [Matti] Then it will settle in few Months and your Floor will Crack
For normal earth Filling people prefer Matti Filling and wait One season 4,6 Months then it Becomes Compact and Floors are made.
Normal Earth Filling is Better but not advisable for fast construction

P. K. Mirza replied on Tuesday, March 17, 2020 05:09 AM PST 

Single storey house construction is no problem. Get a design by architect, the design can be in 2 ways, submit the house plan as single storey and if needed resubmit it for additional storey with new drawings/design. Option 2 submit the original design foe 2 storey and at the completion inspection tell DHA at this time you can only construct single storey due to funds.

Mustafa replied on Thursday, March 19, 2020 06:47 PM PST 

jzk
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(2335)
Sunday, October 20, 2019 06:57 AM PST 
DHA Lahore Phase 9 Prism Plots For Sale By Lahore Real Estate

DHA Lahore Phase 9 Prism Plots For Sale By Lahore Real Estate

Habib replied on Sunday, October 20, 2019 06:52 PM PST 

I don't see any Block better than F Block
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(2334)
Wednesday, October 16, 2019 09:53 PM PST 
Grey structure

Dear All,
I will appreciate If someone can give reference of a builder with good experience what had been rates for Labour or with Material rates for a Kanal House in DHA 7. Right Now I am Looking For Grey structure.
secondly Does DHA give Completion certificate for Grey structure

Thanks in Advance

dr m iqbal replied on Thursday, October 17, 2019 05:55 PM PST 

hi
just contracted an experienced and trustworthy engineer /contrator@1700 sqft.if u like share his contact details
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