Lahore Real Estate Forum

Monday, December 15, 2025 07:55 AM
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(364)
Thursday, August 1, 2019 01:39 PM PST 

How is D block?
Is it already developed ?
I heard that Askari and Villas are already under constructed in D block?

Can anybody guess Rating of D block location?
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(363)
Saturday, June 22, 2019 11:49 PM PST 

Dear Tax Experts,

In past five years, I have bought two plots. One in DHA Multan (transferred money to my younger brother account, and he purchased on my behalf. He is a student and have no source of income). 2nd plot, I bought by sending directly to owner money in installment remittances.

I am a non-resident since last 10-years. Do, you advise me or my brother to become filer??
:h

Adnan replied on Sunday, June 23, 2019 02:56 PM PST 

ok so I am in the same situation, only that my brother is already a filer. According to the law (available on the FBR website), if you are a non resident and you do not have any income in Pakistan, you do not need to be a filer. Non residents are also not required to furnish wealth statements. If the money to buy plots was sent through banking channels (currency exchanges in the gulf also have a forwarding local bank in Pakistan) and you do have documents to show the transfer of funds, no need to become a filer since plots do not generate income. If you sell those plots in the future, then you need to be a filer to enable FBR to determine whether or not you should be charged any capital gains tax. However, with the current situation in terms of inflation, devaluation, etc. there will not be any capital gain in the foreseeable future. This is my take so far, and I plan to sit with a tax adviser in Pakistan on my visit next month. If any one on this forum can add or clarify, that will be wonderful.

amjad replied on Sunday, June 23, 2019 07:37 PM PST 

I am in a little bit different situation. I am a tax payer and paid instalments of my brother's plot with an understanding that he will pay when he returns. so please guide me.

faiz ahmad replied on Monday, June 24, 2019 03:51 PM PST 

As you have send your money through bank and you have bank receipts, your money is white.this amnesty scheme is not for you.
Still I advise you to become filer as non resident pakistani without paying any tax and mention your these two plot in your wealth.

Adnan replied on Monday, June 24, 2019 04:07 PM PST 

An update for overseas Pakistani brothers, I spoke to FBR today and was informed that non resident pakistanis do not need to be a filer if they do not have income in pakistan. As long as you have sent the money to buy property in pakistan that can be verified by bank through a foreign remittance certificate, it is white and tax free. The only drawback of being a non filer non resident will be having to pay higher tax on sale of property (non filer tax rate is higher). So until you do not decide to sell the property, no need to be a filer. Although you can become a filer online and can file a zero income tax return online as well, once a year, without having to hire a tax adviser or coming to Pakistan. So I have decided to not become a filer until such time that either I have income in pakistan or have to sell my plots and invest elsewhere. Decision is upto the individual. Same thing I said in my previous reply on this post but now its ratified by FBR. You can call directly to the FBR hotline at any time @ . Hope this helps.

Tahir C. replied on Tuesday, June 25, 2019 06:40 AM PST 

@Adnan... Thanks for sharing. I sent an email query to FBR helpline last week but got no reply even after 7 days. Had asked similar clarification in my own specific situation. A lot of Overseas/Non Residents are still not clear with "Disclosed/Declared" and "Undisclosed/Undeclared" e.g National Saving Scheme investments other than Real Estate.

Adnan replied on Tuesday, June 25, 2019 01:57 PM PST 

@Tahir C. Amnesty scheme is clear, if the money is legitimate and you can prove the source, e.g., remittance certificates that your bank has to issue, you do not qualify for the amnesty scheme. If you send money from pakistani bank overseas branch to the same bank pakistani branch, e.g., I send from HBL Bahrain to HBL pakistan, no need for remittance certificate, your bank statement is good enough. However, if the sending bank is different, or if you send via money exchange to your bank account, the money exchange will send to their corresponding bank in pakistan which may not be your bank, so your branch then needs to obtain a remittance certificate from the corresponding pakistani bank, which is a bit of a hassle but if you have good terms with your branch manager, this should not be problem. Amnesty scheme is for black money only, if your money is white, relax.
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(361)
Sunday, May 27, 2018 02:00 PM PST 
Guidance Required

AOA,
I am planning to buy 10 Marla plot in low budget societies. My bidget is max. 4 millions. I have sorted out following three options:
1. Khayaban-e-Amin
2. Bankers Avenue Co-operative Housing Scheme (on Bedian Road adjacent to DHA-7)
3. IEP Engineers Town
I am confused which option to choose. Any one here who has current / previous experience of living there or buying plots in these housing societies please share their valuable experience and honest opinions about these societies.
Further, please give me a fair idea of 10 Marla possession plot prices in these societies?

Thanks in advance.

ib ksa replied on Sunday, May 27, 2018 10:56 PM PST 

iep is better in all of them

Helping Hands replied on Monday, May 28, 2018 03:14 PM PST 

I will suggest you to buy plot in LDA Avenue 1 in J,M,D block.

Honest Adviser replied on Monday, May 28, 2018 08:09 PM PST 

Ms. Aneela, I will advice you to buy an eight marla plot in Bahria Orchard Phase 3. Bahria Have a better infrastructure and management to maintain the society.
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(360)
Thursday, May 24, 2018 05:28 PM PST 
Overseas Pakistani

Dear CMY/LRE Team,

Please advise about the property sales/ purchase for overseas Pakistanis. I am living in KSA for last 18 years. Do I need to be a tax (zero) filer? If not, can I purchase property?
Thanks,

tax person replied on Thursday, May 24, 2018 06:08 PM PST 

You can purchase any property without being a filer till 30th june. After that you can only buy property of less than 5 million if you are a non filer. So yes after 30th june you ll have to become a filer
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(359)
Friday, March 2, 2018 03:36 PM PST 
State Life Housing Society Lahore Phase 1 & Phase 2 Price Update M

State Life Housing Society Lahore Phase 1 & Phase 2 Price Update March 2018



1 Kanal
A Block 120 to 160
B Block 120 to 170
C Block 110 t0 1140
D Block 105 to 140
E Block 100 to 130

10 Marla
B Block 100 to 120
F Block 85 to 120
G Block 80 to 110
G Ext 38 to 50
J Ext 45 to 65

5 Marla
A Block 55 to 65 Lac
A Ext 35 to 55 Lac

Commercial 4 Marla
F Block 150 to 235

G Ext Block 60 to 70 Lac
J Ext Block 65 t0 75 Lac

8 Marla Commercial
G Ext Block 110 t0 130 Lac
J Ext Block 120 to 135 Lac


State Life phase 2

14 Marla
AA Block 24 to 27 Lac
BB Block 25 to 28 Lac
CC Block 25 to 29 Lac
JJ Block 25 to 28 Lac

7 Marla
EE Block 14 To 17 Lac

3.5 Marla
FF 9.50 to 11.50 Lac

Saeed Rafique
+923224333661

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KSA_ replied on Friday, March 2, 2018 07:04 PM PST 

Hello,

I want to sell 14M in BB. Any buyer available?

LRE Support Staff replied on Friday, March 2, 2018 07:28 PM PST 

Dear Sir,
Kindly Contact
Saeed Rafique
+923224333661
Lahore Real Estate

Faheem replied on Saturday, March 3, 2018 12:57 AM PST 

For God sake...can some body help the affectee of state life ph2?
Why management is so worst that could not develop it even passing more than a decade.
It has proven a kind of punishment for those who decided to buy state life ph 2 plots.
Is there any hope in near future or we will continue cursing management now nd then.

LRE Support Staff replied on Saturday, March 3, 2018 01:45 PM PST 

Dear Sir,
We Suggest you to wait for next 1.5 to 2 years. InshaAllah You Will Get Your reward
For More Information Contact
Saeed Rafique
+923224333661
Lahore Real Estate

Faheem replied on Saturday, March 3, 2018 08:25 PM PST 

Thank dear Saeed Rafiq sahib for your feedback.
We are listening this for last 5 years.....but nothing happened so far
Can you please explain how and why you are claiming that we may get reward after 1-2 year ?
Is this your guess work OR some important decision are expected from management to improve state life ?
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(357)
Saturday, October 21, 2017 09:55 AM PST 
State Life Phase 2 IS COMING!!!

State Life Phase 2 IS COMING!!!

State Life Phase 2 IS COMING!!!


State Life Phase 2 IS COMING!!!

A reader of LRE replied on Saturday, October 21, 2017 01:04 PM PST 

Stop Guys!!!!
Rana & SL2... I understand frustration for both of you!!! Property is damn slow' no buying selling in market so frustration is Natural,

You both should understand that market hype created by guys like you is over now; it would go down day by day (Prism already lost enough steam up to 40% down). So stop plz!!!!

Meaningful silence and no reply from LRE about SL2 is also very suspicious means something really happening at State Life. Right?

Awan replied on Saturday, October 21, 2017 03:34 PM PST 

@Reader of LRE. Prism lost 40% steam? It implies that a plot worth 125 lac in Prism should be at 75 lac now(According as you said) is any available with you at 75 lac i am interested to buy?

Awan replied on Saturday, October 21, 2017 03:36 PM PST 

We both can share details with LRE for dealing

LRE Support Staff replied on Saturday, October 21, 2017 03:52 PM PST 

Dear Sir,
There Are Still Rumors About State Life 2,no confirm news.So, We Will Update if There Is Any Confirm News About State Life 2

Regards,
Lahore Real Estate

Mirza replied on Monday, October 23, 2017 04:10 AM PST 

I'm also ready to buy prism plot at 40% down or even 25% down then 3 months ago.

Winner replied on Monday, October 23, 2017 07:44 PM PST 

LRE staff is waste of time. Contacted their staff on WhatsApp many times, No reply.
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