Saturday, February 10, 2018 04:18 AM PST Reply:
Property in Pakistan
I am surprised that the property market in all cities in Pakistan is completely stagnant. What are the causes of this stand still situation?
This stand still is causing serious concern to the foreign investors.
Constructive comments for CMY
team would be much appreciated.
Thinker replied on Saturday, February 10, 2018 02:54 PM PST
Its very simple. Property prices doubled between everywhere in Pakistan. However peoples income does not double in 2 years either here or abroad, hence no buyers. It usually takes 7 years for income to double (10% increase per year), hence property will remain stagnant for a number of years before the cycle starts again. This cycle has been going on for the last 70 years. nothing new.
Manan replied on Saturday, February 10, 2018 03:15 PM PST
Your points seems logical.. However there are other reasons such as imposing high taxes etc on realestate.
Rana_Australia® replied on Saturday, February 10, 2018 04:31 PM PST
- Political Chaos
- Many avenues to invest ( DHA Multan , Bahawalpur, Peshawar, Guj, Rahbar) in addition to prism & Phase 8 has bifurcated investment
- Property prices increased to a new level till mid 2016 ..now some time required to gear up again
The best places to invest are DHA Peshawar ( not much hype in Punjab but it's vicinity is 3 crore for Kanal) and DHA Multan . Short Term investment is DHA Bahawalpur to gain 6 lakhs in next 6 months. Gwadar is extremely risky and volatile as Singhar & New Town are being taken by Chinese Port Authority . Bahria I cannot comment much ( never been a fan of it)
Rana_Australia® replied on Saturday, February 10, 2018 04:42 PM PST
1. Political Chaos ( artificially created )
2. Too much price appreciation in 3 Years till mid 2016 requires time to settle
3. Too many avenues to invest in addition to Prism and DHA Phase 8 like ( DHA Peshawar + DHA Multan+DHA BWP + DHA GUJ + Gwadar + LDA City + DHA RAhbar) so the investment is bifurcated
4. Best investment is DHA Peshawar ( might not seem attractive now it has the potential to reach Lahore Phase 5 Prices ) , Multan is also excellent
5. Short term only Bahawalpur for 6 lakhs in 6 months
6. Gwadar is extremely risky because recently Singhar and New Town are being acquired by Chinese Port Authority and they might pay back in 3 years
Hm replied on Saturday, February 10, 2018 11:38 PM PST
Dear Mr Rana_Australia. Please can you comment more on #6 whether this is a rumour or already disclosed by govt? Thanks
Rana_Australia® replied on Sunday, February 11, 2018 12:07 AM PST
Point #6 was a hot topic when I visited Gwadar recently . I stayed at Naval Guest House . Naval senior officers told me not to invest till 6 months . Gwadar is not as simple as it looks . Big Fish like Saudi Aramco , AP Moller and Maersk have purchased big land .shanghai hotels chain is coming.Small investors might be eradicated. I advise to invest after careful research
User_6006® replied on Sunday, February 11, 2018 01:55 AM PST
i disagree with rana 99% best time to invest in Gwadar today 1% invest in brands ,which in my book only 4
1.Naval anchorage 2,GREEN palm by rafi 3. Golden palm by Hashwani 4. BSM malik riaz nephew Golf city .
Govt scheme and open land can victimize few
some other pvt dont have NOC or Experience at their back or corrupts or not good developer given few have good land and will but bad teams.
Simple replied on Sunday, February 11, 2018 10:42 PM PST
Brother, your information is wrong about Sanghar & New Town.
I have visited Gwadar many times & also have investments there.
It's correct many big investors are coming To Gwadar that is a positive sign for real estate market of this city, it will not affect small investors.
Naval Officer might told you to wait because Gwadar Master Plan is due in six months but it has nothing to do with Govt Societies like Sanghar & New Town. People who have invested in open land are more concerned about Master Plan.
Friday, February 9, 2018 09:15 PM PST Reply:
An Amazing investment opportunity in DHA phase 10 Lahore.
Invest Today and earn Profit tomorrow. Because this is a right time for investors to secure their Future by buying files.
Manan replied on Friday, February 9, 2018 11:26 PM PST
Mohsin bhai.. Salam
Plz advice is it short term or long term investment
Noman replied on Friday, February 9, 2018 11:47 PM PST
DHA 10 is not feasible at current rate, please avoid...
Either the rate will remain 50 /kanal for the next 3 years or it will further fall... No chances of any increase.... DHA 10 is a big big phase and is at least 15 years behind the current status of Prism where one kanal file is available at 72. So how come it is feasible to invest in it at the moment....
In present scenario, if the file price of DHA 10 falls below 36 /kanal, then it will become a feasible buying option.
Waseem® replied on Saturday, February 10, 2018 12:26 AM PST
that "Tomorrow" is approximately 10 years away !
Arsalan replied on Saturday, February 10, 2018 12:59 AM PST
Mohsin bhai, if you have stuck in phase 10, why do you want others to stuck also?
Ahmad replied on Saturday, February 10, 2018 04:24 AM PST
I completely agree with Noman. The price of DHA Phase 10 will be Rs 51 plus taxes = Rs 55 lacs. DHA will charge developments charges in the region of Rs 30 Lacs estimated therefore the price will be Rs 85 lacs (55 ± 30). Moreover the time of balloting is also not known. There are no buyers in the market any ways!!!
|City & Country:|
Sunday, January 28, 2018 09:07 PM PST Reply:
i need an advice from expert where to invest 70lac for maximum return in three years time???
Asad LRE® replied on Monday, January 29, 2018 12:01 AM PST
wa alaikum asslam dear sir
you can buy
one kanal file in dha9 pism
one kanal dha multan+ one kanal dha bahawalpur
one kanal dha multan+ 10 marlas LDA City
Rao Asif replied on Monday, January 29, 2018 02:35 AM PST
which one is the best?
Asad LRE® replied on Monday, January 29, 2018 03:58 AM PST
i go with
1 kanal dha multan+1 kanal dha bahawalpur
Rana_Australia® replied on Monday, January 29, 2018 08:51 PM PST
Purchase a corner kanal plot in DHA Peshawar ..
|City & Country:|
Wednesday, January 24, 2018 02:42 PM PST Reply:
i do not know current construction? LRE
team please clarify
manan replied on Wednesday, January 24, 2018 04:42 PM PST
any body there to reply?????????
CMY replied on Thursday, January 25, 2018 02:35 PM PST
This is Veterinary University buildings under construction.
TeamLRE should have answered this post long time ago. I feel ashamed and apologize on my team behalf. I think responsible person was sick yesterday but still others could have answered it easily.
manan replied on Thursday, January 25, 2018 02:44 PM PST
CMY Sb, many thanks for your reply. regards
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Wednesday, January 24, 2018 01:52 PM PST Reply:
here are sector identified.
manan replied on Wednesday, January 24, 2018 01:54 PM PST
i request LRE team to correct if i made mistake. i request LRE team to identify main gate on this map
Atta replied on Wednesday, January 24, 2018 02:35 PM PST
How big is this project? Acres? and how many 1 kanal plots?
CMY replied on Thursday, January 25, 2018 02:44 PM PST
Sir we are currently not allowed to draw our own map as block numbers etc could change. Official map or size is NOT disclosed yet by DHA Bahwalpur.
Tuesday, January 23, 2018 07:42 PM PST Reply:
Nasir replied on Tuesday, January 23, 2018 08:38 PM PST
Dear LRE Team:
Please also share the latest satellite image of Phase 9 Prism
Safari replied on Tuesday, January 23, 2018 09:14 PM PST
Please please Prism 9 share
MHA® replied on Tuesday, January 23, 2018 10:42 PM PST
Plz show prism !!
Manan replied on Wednesday, January 24, 2018 01:22 PM PST
Lre team plz identify sector A, b, c on Google map.. I will appreciate
manan replied on Wednesday, January 24, 2018 01:50 PM PST
I have identified sector A,B ans C ALONG WITH COMMERCIAL. Kindly confirm.
one thing i am not sure is location of main gate on this map.please clarify.
Monday, January 15, 2018 12:09 AM PST Reply:
Analysis DHA Multan 10 Marla vs 10 M Gujrnwla and Bhawalpur 01 Kanal.
I am waiting from anyone to give his wise comments and analysis on comprison between 10 marla of DHA multan
vs DHA Gujranwala and 01 kanl DHA bahwlpur in 03 years time..😒😇🤤
CMY replied on Monday, January 15, 2018 07:35 AM PST
Dha Bahawalpur must be preferred. Much advance stage of development
M Zahid® replied on Monday, January 15, 2018 12:35 PM PST
Your information looks outdated. DHA Multan is running at bullet train speed and Bahawalpur at Pakistan railway speed.Nearly 60 of drainage work is done in A block of DHA Multan. If they keep moving with this speed Multan will leave even prism. I would request you to look back again on progress side of both projects to make decision.
Manan replied on Monday, January 15, 2018 01:21 PM PST
Zahid do share pictures to support your point please.
ShahzadQamar® replied on Monday, January 15, 2018 09:47 PM PST
zahid i am supporter of DHA multan but this approach by multan to develop block wise phase.1 without plot balloting shall hurt the investments. as after A development surely they will ballot and only very few files will get plot numbers remaining will have to wait i dont know how many years. They should first release map and ballot all existing phase.1 files then they can handover block by block. this way undeveloped plots shall also gain excellent rise. but block by block development shall hurt file holders
MBS® replied on Tuesday, January 16, 2018 02:52 PM PST
I think they are working on at least 3 blocks; A,B & C with a total area of more than 1000 acres. This should accommodate more than 5000 files. And its quite a decent number to please majority of file holders.
Plus the dha multan villas are already under construction as Zahid shared the imagery few days back.
So a good size of high rolling inventory will be there in the market.
Looking good overall!!
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Thursday, January 4, 2018 06:27 AM PST Reply:
Ali replied on Thursday, January 4, 2018 05:44 PM PST
I think u have lot of files in hand of this dead society? If yes then immediately sell and move to another society otherwise wait for next century.
Manan replied on Saturday, January 6, 2018 12:49 PM PST