False celing and Insulation
I am trying to get Fire proof False celing and Insulation lining to walls of house [inner side in already constructed house] Basically to to have insulation as top floor gets heated a lot.
Can someone guide what is the Cost and where I can find Material and wokers to Fix it in Lahore,
The Total area of Celing is about 300 Feet and walls is also 300 feet.

DHA 7 Block wise progress
Would CMY or some one give updated progress of Development/Handover process of DHA 7 Blockwise.


Thanks

I am in Fix to decide about Choice between LDA 1 vs DHA 7 lower Priced Blocks. For Investment point of view which one is better, As of today there is only marginal difference in Price. LDA 1 have good Location but carries lots of Risks of Frauds, on the other hand DHa 7 have location disadvantage. But peace of mind, for a time being prices in both are stuck.
pls comment

Last question: with a budget of 1.5 - 1.7 crore, which is the best sector in islamabad can i buy a 1 kanal plot. (preferably corner plot).

I look forward to the replies, and any offers.

Hi, i'm reposting this, I'd be very graeful for any advice as I am not sure where to buy.

Advice Please on PWD, Rawalpindi

I'd be grateful if you could advise me about PWD Housing Society. Please could you tell me what sort of area this is and what is the average value for a 1 kanal plot and 1 kanal house in this area. A friend of my relative is selling there and I'm not sure whether its good place to live in or good for investment.

I'd be grateful for your advice. Thank you

Advice Please on PWD, Rawalpindi
Salaam, I'd be grateful if you could advise me about PWD Housing Society. Please could you tell me what sort of area this is and what is the average value for a 1 kanal plot and 1 kanal house in this area. A friend of my relative is selling there and I'm not sure whether its good place to live in or good for investment.

I'd be grateful for your advice. Thank you.

Not many DHA 8 Plots in Market?
CMY we are not finding much DHA 8 plots in Market what is the reason?

Front Tiles/Gutka
Can any one give me idea how much will be cost for the front elevation tiles for a small house of 10 merla. I think total area of the front will be about 400 Sq feet.
Any one with experice of various type of tiles / Cemical tiles Gutka pls comment

Thanks

parity of Land price and house construction
Land prices are almost stuck for last 5 years but still people claim that they are still expensive, There is no meter which can measure the "actual worth of Property" But there are certain indicator which can help us to analyze
One of them is Parity between Land price and house construction, If you want to contruct a good house at this time you need almost double money than land price, This indicator is constaly pointing that land is cheaper today as Construction cost is automatically inflation adjusted.
In other Coutries rental value determines the worth of Property but that does not hold true in pakistan expecially Lahore.

Any new tax expected?
In July is there any new tax expected on realesate, Like CVT on plots less than Kanal or Capital Gain Tax on sellers??
Pls give any update info

Phase 8 Ballot
People had been waiting for last 7 years for phase 8 Ballot, But I am astonised to see disappointing response of Market. Which is in such a deep slump that no stimulus is ready to wake it up.

Bahria Town Lahore
It look many people are dissatisfied from Bahria Town. Due to delay in development or extra cahrges Is there any neutral commenentator who can update us in Detail.
looking at interest of people in Bahria Orchard I have mixed feeling about Bahrai

DHA 8 file
Dear CMY Few questions
1. I heard that DHA8 file is again taking a bit of reverse turn, or may be it is stablizing at certain level would you comment on observation.
2ndly how long sale of DHA 8 file will continue I mean how many days before ballot DHA will stop transfer of DHA 8 file.
3. I there any official comment by DHA that that developnment charges will be 10 lac only.
4. What are current charges of DHA 8 file transfer. Same as 6,7 or more??

Lake view Vs Central park
Now when Lake view prices are almost touching realistic value of 20 to 25, I am stuck between comparison of Lake view and Central Park possession area. Both are Distant from Lahore, Cetral park 5 Km more tham Lake view. Would experts comment how they Compare raiwind Road with Ferozepur Road.Especially transport and safety at night and Which society will be populated earlier

Hefty biana
Recently I drooped the offer to buy a house as seller was asking for hefty Biana of 20 Lac, Total transection was aboutb 42 Lac, The seller gave me argument that he want to marry his daughter, we requested him to give poseession but he said I desire that my daughter should go from this house.
It was difficult to varify the authancity of party hence we called off the deal.
But What is legal position of Biana and how reliable is it when written on 100 Rs Stamp paper. Is there any thig like Court registered biana.

Askari X
Ref to this question
Q , February 3, 2010 10:45 AM PST

how much is rent for 10m Askari-X SD House in Sector-C (corner) what are usual payment terms and on going market price if one like to purchase
Ans
House rent is about 25 K and cost is about 82 to 90 Lac depending upon design and location if new, But Dont forget 5 Lac tranfer fees to Civillain, Holder have to get NOC from GHQ, Buyer have to appear in interview if both pass transfer is easy.
You can get House in E Block in as low as 72 but downside these are 3 bed, you have to pay about 35 lac Biana till army officer will get house in his name after completion and then he will apply for NOC like process of about 8,9 months Plus is it is only few hundered meter from Air Strip [I am suprized and frightened by the looking at E Block so close to air strip that you can even throw stone on Plane]
They have totally spolied the safety of Lahore airport. As you cn fire on the plane using a simple weapon.

Some coverage of legal/illegal Plazas
We need to have some coverage of Plazas also in this forum, At this time prices of offices and shops in Plazas are down to earth.
Rently I visited the booking office of an incomplete Plaza on Moulna Shoukat Ali Road where banners were "get Flat in 10,00,000" and shop in 8.75 Lac, Due Prime location of Buliding I went to office. The person Told me that they were booking for higher Floors which are not yet approved by High Court but "hopefully" will be approved. I asked how you can book with no permisiion. There was no Clear reply.
I hope some visiors are dealing with business. I am sure there are certain Plazas in Lahore which are totally legal and this is time to buy property in Those areas but there are no transparent NOC etc which can make us sure.
Would someone give more info on that.

Farming
I hope many of Viewers are from Farming Business or Families, I would Like To Know what is usual cost of Land per acre and what return you get if you give it on lease.
Similarly if I buy Land near City and main Road and Make Poultry Farm, Fish Farm and Diary farm and give it on lease what is return and what are hitches in this business.

askari 10 Map
Can someone help me to find askari 10 map

Phase 6& 7
Hi CMY would you shed light which Blocks of Phase 6 have got possession,
Ans which Blocks in phase 7 will get posession in coming year, and update of revesion of phase 7 Map

Prices in Valancia a bit low
In last couple of years prices of plots in valancia went up about 30% Many friends were looking to buy there. Now i discovered that Kanal plots are 3 to 5 Lac cheaper than few months back. As it is ready to live society so friends who were looking for bargain deals can tap the chance.

Too much Tax and charges on plots transfers
I am afraid too much Tax and charges on plots transfers will be last nail in the Taboot of realestate business. Now overseas investors are totally out and dealers are also reluctant to buy as for them it difficult to sell.

wikimapia images updated
wikimapia images updated in Raiwind road side [old images were about 2.5 years old] now you can see almost 6 months old development status in that area,
However DHA 6,7 site still images are about 2 years old as Golf course project is almost complete with may houses ready but not showing on map, same is true for parkview sector C

http://www.wikimapia.org/#lat=31.4037954&lon=74.2269373&z=15&l=0&m=s&v=9

A Thought
while coming back from Pakistan i came across one of my friend, He is living in UAE and having his own business setup not very well educated, But at present having resonable money.
He went on short visist to Pakistan where he was setting up an oil mill and Cold storage in his city Arif wala. While going into details he told me that Oil mill can be establised in about 70 Lac if you have land and Cold storage in About 1.2 Cror both of them can earn this much profit in 2 to 3 years.
I belong to Lahore city and always had investment in realestate.
I was thinking in retrospectively that how good is such business. You earn more, people get jobs and your country gets progress. We are just having holdings in the plots which are located 20 Km from city and where roads are made and some sewage lines are burried in land for decades and no one is living there. Honestly no country can progess like that. That is why are going down and down. In past during Ayoub period people were setting up factories and mills and now every one is running after files and plots because it had been more profitable and hassle free.

Recent Visit to Pak
Recently I was on Visist in pakistan and got Chance to see some areas of Lahore.
DHA 7 is more developed and more litigation areas are clear. Looks some Blocks will get posession with in One Year Most developed Blocks at this time are S 1/2 of Q and R Block.
Some of Phase 6 Blocks ares still waiting posession, I am not sure what are the issues
DHA 6 Has some houses under construction but not much
DHA 5 is much more populated than was 2 years Back
Park view DHA Houses are almost Complete People, Many Kanal houses too and some small 5 story Plazas where realestate people are working few people Living but not as populated as Air avenue
Air Avenue is Much more populated and Q Block is getting Flats soon.
Broadway road is complete and you can reach from air Port to Phase 6,7
Valancia main Bluvard is being connected to Main 150 road as I mentioned in Post below
About prices DHA has low prices and prices are about 10% weak in DHA 6,7 as compared to 1 year Back
DHA Villas are Having only 2 to 3 Lac own depending upon Loaction.
many Housea are available in Air avenue as well in about 80 Lac Budget
Park vew Kanal and 10 merla plots are marginally cheaper but CVT is too lot so for Buyers there is Not much attarction.
In all other Lahore Prices are Slowly Coming up Like In Johar Town, Valancia,WAPDA and on Canal side in johar Town 5 merla house was about 36 Lac one year Back now it is about 40 Lac

Good news for Valancia residents
Good news for Valancia residents and holders. The Access Road which society was waiting for last 20 years, is finally being made. 150 Feets road will connect its main bluvard to Khiabane Jinnah, which is coming from Shoukat Khanum to Raiwind road. It will touch this close to Nasheman 1 exit. It was only 1/2 KM raod patch which was pending since long.
Eariler residents had to pass through the wapda society to reach valancia. or other approach was throgh Defence raod which was distant.
Already valancia plots price has reahched to such high level that I dont expect some more boost but main Bluvard 2 Kanal plots will definitely gain. Recently they were about one Cror each.

Green cap Housing ferozepur Road
Anybody has information about Green Cap housing society, It a low cost housing Prject before Hadiara Drain on Ferozepur Road,
would someone confirm what are rates, who is developer and what is Transfer procedure Plus what facilities are available there till date.
Thanks

Plots on ferozepur Road
I am planning to invest 10 to 15 Lac on reidential Plots on Frozepur Road,I know about Central park and Elite Town but is there any option Closer to city preferably before Hadira Drain. And what are prices
thanks

Khiabane Ameen
CMY Thanks for uploading Kiabane Ameen Photo graphs but what as I understand they Completed the Main Bluvard and the dis appeared, and not an inch progress for lasr 2.5 years. No map no LDA approval no declaration of development charges, Does some one have insight of what is happening there.
What is update about that

National Tax Number
Can any one tell me if Overseas Pakistani want to buy Property in Pakistan how can he present National Tax Number, what is alternate for them.

Price in NFC2 is weakening
Price in NFC2 is weakening, I thought after development price should have come up. Are there some issues of Land or any other thing

what is grey structure
In middle east unfinished houses made by developers are very Popular, these are houses or apartments which dont have internal finishing Like doors windows woodwork and Kitchen Baths finishing etc, I am not sure about floor.In india I also heard about such arrangement
In ad below I heard of grey Structure in Lahore. can some one give me detail of this type of House and explain what does it contain and what not, And what are per square feet rates for such construction.

This type of construction suits overseas people a lot which are not planning to move to their Houses, in coming few years.

Stamp duty
As Govt of punjab did not increase the Tax will someone confirm that 2% stamp duty is payable to even small Plots<< like 10 merla or So

Park View
Dear CMy,
Can you take soemtinme toexplain which Blocks has possession in Parkview nad Plots which are laying on encroachments what is their price and what is future
Plus what are minimum prices of possession plots,
I ma talking of Kanal Category.
Thanks

Any recent experience of Making House
I am in a fix ,
i have Plot of 1 Kanal and Planning to make house, I understand the Cost is about 1100 to 1200 square foot.The map I have with me is about 5500 Feet. But I have fear that If I start the construction the cost may increase much more than estimate. I am tossing between Buying a ready house or constructing on my plot.
Would some one share with me the recent experience of house construction on 1 Kanal plot, what was final cost??