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Tuesday, December 12, 2017 05:26 AM
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29)   
Sajjad 
City & Country:
-
Thursday, December 7, 2017 04:08 AM PST  Reply: >

Dear LRE team
I invested in 2 files of DHA Bahawalpur and 1 file of DHA Gujranwala At your advice
Now around 10 month passed I’m anxiously waiting for some dramatic changes in these one so that at least I can sale one
But upto now still I’m in lose
Anyone can guide abt the near future

Naveed786 replied on Thursday, December 7, 2017 12:11 PM PST 

DHA Gujranwala is very long term project because the main problem is difficulties in land equiring there are still many pockets which is causing delay in project so that no body can predict it's time to deliver at least for next 1 year. DHA Gujranwala files prices gradually coming down now.

DHA Bahawalpur is going on right track by it's on ground developments. The prices of DHA Bahawalpur files were fluctuating due to uncertainty in Real estate market but now it's moving upward direction so it could be a good jump with the ballot of DHA Multan and after it further growth on DHA Bahawalpur cash files Ballot. The development work is going on fastly on its Main Entrance and Gates etc. .

Mubeen Asghar replied on Thursday, December 7, 2017 01:10 PM PST 

Asslam a alaikum,

Sir DHA Gujranwala had almost acquired 90% Land, now just few hundreds acres are left to aquire. It's launching is expected in next year, so you will see good price appreciation in them, mostly in 10-Marla file. On another side, development is ongoing at a very fast rate, DHA Bhawalpur will also be at good price in next year. Just wait for few more months.

Thanks
Mubeen Asghar
+
Lahore Real Estate

ShahzadQamar® replied on Thursday, December 7, 2017 06:48 PM PST 

for both projects dont wait anxiously....just relax for 5 years if you want to take good return. Check the prices in 2022 not every month for DHA bwp and gjwala
28)   
Sohail 
City & Country:
-
Tuesday, December 5, 2017 07:37 PM PST  Reply: >

Dear Lahore Team & CMY,

Can you justify why my plot 567Y under valued then 493 & 874.

Also howcome Corner plot price is 20lac more at same place.

plot for sale list on your website shows value as below:

Plot 493Y. 140lac. (Backside of my plot)
Plot 874Y. 157lac ( Lower in front same row)

Appricite your reply,

Anonymous replied on Wednesday, December 6, 2017 12:47 AM PST 

Never mind Mr. Sohail
LRE current value estimates are always a little less compared to the property they advertise for sale (similar location). This is their usual fashion.

Mubeen Asghar replied on Wednesday, December 6, 2017 01:07 PM PST 

Asslam a alaikum,

@Anonymous
The price appears in ads is always a demanding value, not the exact one. Can anyone in market estimates the exact value at which the buyer in future agrees and deal proceeds ? So, there is always a negotiation. This is how market works.

Thanks
Mubeen Asghar
Lahore Real Estate
27)   
Haroon Ahmed12 
City & Country:
Lahore
Monday, December 4, 2017 09:50 PM PST  Reply: >

Dear LRE team,

Is it advisable to invest in DHA Bahawalpur 10 Marla installment file? It has been noticed that own has significantly declined to less than Rs 100k?

Regards
Haroon

Mubeen Asghar replied on Tuesday, December 5, 2017 01:21 PM PST 

Asslam a alaikum,

Better to invest in 1-Kanal Cash file, price difference is not much but gain expected on 1-Kanal cash would be much greater than 10-Marla Installment.

Thanks
+
Mubeen Asghar
Lahore Real Estate
26)   
Sharjeel 
City & Country:
-
Sunday, December 3, 2017 09:02 PM PST  Reply: >

I have 3.5 million to invest for 3 years. Which of following has good potential to grow in 3 years ?

1. Dha gujranwala
2. Dha phase 10
3. NFC phase 2
4. Any other option?

Mubeen Asghar replied on Monday, December 4, 2017 01:10 PM PST 

Asslam a alaikum,

Sir buy DHA Bhawalpur 1-Kanal, it would be best than above mentioned options.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Abbas replied on Monday, December 4, 2017 01:11 PM PST 

In this budget, preferred investment is DHA Multan (Phase 1-10 Marla cash file or Phase 1 Extension-1 kanal cash file)

Naveed786 replied on Monday, December 4, 2017 01:58 PM PST 

DHA Bahawalpur is the best choice right now.

Mubeen Asghar replied on Monday, December 4, 2017 02:42 PM PST 

@Sir Abbas

DHA Bhawalpur 1-Kanal is best over 10-Marla of Multan.

Thanks
+
Mubeen Asghar
Lahore Real Estate

Shahzad KAH replied on Monday, December 4, 2017 10:03 PM PST 

Any rough idea, how many 1 kanal DHA Bahawalpur cash files are issued todate?

Thanks

latif replied on Tuesday, December 5, 2017 02:19 AM PST 

Buy 08 Marla ready to build plot in Bahria Orchard phase 2. This will be the best decision you can made at the moment in your budget
25)   
Question 
City & Country:
Lahore
Friday, November 24, 2017 05:25 PM PST  Reply: >

Prism or LDA City
Dear LRE and others

Can u plz guide in Rs. 4 million, whichever would be better in next 2-3 years from the following:

Prism 5 marla
2 LDA city files of one 10 marla + one 5 marla


Thanks

Tahir replied on Friday, November 24, 2017 09:07 PM PST 

Avoid Lda city add some money and purchase 5 marla Prisim

Ali replied on Friday, November 24, 2017 10:13 PM PST 

I think 4 million to bound for 5 marla in prism would not be a wise move. And strange thing is tahir sb saying add some more in it to get 5 marla. Brother prism is already facing correction as was expected. The thing is 5 marla cutting is present in J , K and R block. If you buy now you are going to pay rest of development charges which you dont have to because with facing correction it is already eating up development charges. For these blocks dha is not going to hand over you possession in next 3 years. Keep 5 years in mind. I think you should enter prism 5 marla after 2 years. You should raise your budget and buy 5 marla dha town plot. Much better investment for next 2 to 3 years than prism.

Ali replied on Friday, November 24, 2017 10:15 PM PST 

And you can also go for dha multan 1 kanal cash file if you can raise your budget and time frame is like 2-3 years. Prism 5 marla would be third choice to consider for now.

ivy green replied on Saturday, November 25, 2017 02:03 AM PST 

Is it good to buy ivy green phase 8 commercial plot 4 marla at 250 now for 2 years plz guide thx

Mubeen Asghar replied on Saturday, November 25, 2017 01:29 PM PST 

Asslam a alaikum Sir,

Sir Prism will take next 3 years atleast for good gains, you can prefer LDA City files, or in my honest suggestion better buy 1-Kanal of DHA Bahawalpur with in same budget, it will give you more return as compared to above two options.

Thanks
+
Mubeen Asghar
Lahore Real Estate
24)   
Syed Zafar Abbas 
City & Country:
Lahore
Thursday, November 23, 2017 10:21 PM PST  Reply: >

Payment of Development Charges DHA 9 Prism
To all respected plot holders
You know our hard earned money is held with DHA in the shape of cost of land and Development charges uptill now. Every one among us try level best to pay D C in time. If one fails to pay DHA imposes heavy penality. On the contrary speed of work is very slow and I am afraid DHA will not give possession in coming 5 years or more.under the prevailing situation,We all should demand from DHA that if they fail to comply their commitment, plot holders will be compensated at the same rate they impose penalty on them for as long as they keep our money. If we had to go court we should. Regards

worried replied on Thursday, November 23, 2017 10:56 PM PST 

good point, i m waiting for phase 8 possession since long, forget about phase-9 before 5 years, please go ahead,

worried replied on Thursday, November 23, 2017 10:58 PM PST 

DHA should apply rules on itself as well and pay delay penalties and compensation,

Amin replied on Friday, November 24, 2017 12:58 AM PST 

Very good point
DHA should update on development status periodically on its own
How about sending a signed letter to dha by plot holders re this

Bell the Cat replied on Friday, November 24, 2017 03:18 AM PST 

Point is quite logical but who cares. Fairness and judicious treatment on its own .....by any 'body' including DHA is impossible in Pakistan.

Habib replied on Friday, November 24, 2017 03:54 AM PST 

Good Point
This is First time DHA will pay fine in Prism, If rate is same as holders then many will recover 50% of their Plot Price.
This Shows How Innocent are Prism investors.

Your Well Wisher..... replied on Friday, November 24, 2017 04:51 AM PST 

Please explain the ruthless society we are living in.

DHA Phase 9 was announced in 2004 and civil file holders were allocated the worst location plots in May 2015 balloting. Civil Allotees were giving 3 years to pay their development charges and at the same time Military allotees were given 20 years to pay their development charges whilst they got allocated the best plots in the lovely blocks.

Just imagine, our lovely estate agents only promote or sell military allotee plots at their desired rate.

The plots on 150 ft road are selling at the highest whilst everyone have now witnessed the new development plans defence entrance (i.e. overhead bridges, underpasses and so on). We civil investor buying these expensive plots and in future these plots will become least desirable due to heavy traffic and so on. Our agents then will say to us it was a bad buy which they now promoting.

You wish to go to THE COURT!!!! Where in USA 🇺🇸 or UK 🇬🇧.....in Pakistan 🇵🇰 GOOD LUCK MATE!!!!

Mubeen Asghar replied on Friday, November 24, 2017 02:22 PM PST 

Asslam a alaikum,

Sir, my request to you is kindly visit the site of Prism 9, development is going on at a very fast rate, you can also see the latest videos on our youtube channel. They will surely handover the possession of some block in next 1.5-2 years. Regarding balloting, DHA always have a fair balloting, we know a lot of our clients got a good location plot in Prism 9.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Syed Zafar abbas replied on Friday, November 24, 2017 02:45 PM PST 

@ brother Mubeen Asghar...it is hoped and wished what u said come true exactly. But it is reality that DHA will not fulfill its commitments in prism.Here my pray is this that DHA should pay return on the amounts they held if it fails to give possession of plot till the needful. For this a forum of some learned active stake holders be formed who can take care of our interest. In Pakistan nobody cares if one does not fight for his rights. Come forward dear friends. Regards

Awan replied on Friday, November 24, 2017 02:56 PM PST 

@syed zafar, have you ever visited prism site in last one year? I believe never. Because i visit every week as i live in askari 11. Prism is developing at a remarkable pace. This speed was never seen in any prior phases of Dha before. Bhai its easy to be a keyboard warrior but it take a little headache going to actual site. Please visit once. Ap 5 saal ki ratt chore dain ge

Syed Zafar abbas replied on Friday, November 24, 2017 04:09 PM PST 

@Awan Bhai...ur input is very encouraging. It my point is something different. .My point is that when DHA is charging penalty on late payments if their dues, then we the petty plot holder should be compensated equally in case of delay in giving possession as per their comittments. For instance in Bahria Town Rawalpindi, the management will give me rental valued amount in case they failed to give me the possession of an Appartment I booked. Regards

Your Well Wisher replied on Friday, November 24, 2017 05:55 PM PST 

Walaikum us Salam Mubeen Asghar,

Thanks for your comments and I am really pleased to hear the timescale you have suggested (and not DHA i.e. from 2004 to 20XX).

Please explain the reason DHA is asking civil allotees of all blocks to pay Development Charges within the three years. If all the blocks will not get possession at the same time. It will be extremely disappointing and specially if Blocks A, C, D, F, G and M will get the possession first.

WHY NOT 5 YEARS INSTEAD OF 3 YEARS if the possession will not be given in 3 years.

I also visit Prism regularly, the timescale is completely incorrect as it will take much longer to get electric, gas, overhead tanks, sewer and internal block roads. I estimate that the complete prism handover will happen by 2025 or later. The first possession might happen in 2020 and the every six months there on.

I think that the DHA is only enjoying its brand recognition and exploiting the civil investors. You imagine any other developers released a phase in 2004 and hand over of plots is still completely uncertain.

Awan replied on Friday, November 24, 2017 06:30 PM PST 

@well wisher.. 2004 was never the right year to enter in phase 9 but 2012 was, thus buying in 2004 and then complaining about dha management is unreasonable act.Similary phase 10 files are available since 2012(for 23 lac/kanal) but still in 2017 one should not buy phase 10 files untill you should have bought phase 5 or 6 files. See where these phases are todate.

Your Well Wisher replied on Friday, November 24, 2017 07:02 PM PST 

@ Awan Sb,

UNREASONABLE ACT.....YES My Act is unreasonable!!!

Great my friend.....

Surfer® replied on Friday, November 24, 2017 07:23 PM PST 

DHA Lahore Tries this time its level best to fullfill their commitment in most of the blocks sewerage system is allready completed with stone Mud roads status can be seen on youtube channel by different media & non media persons & advance google earth. Intrestingly On my last visit very speedialy NLC is working on different blocks at the same time. The main basic Idea to develop PRISM from my point of view is its entry points as far as these entry points are concerned are now being visible from all points this developed 150" road will be connected with these points very soon. After this mainsteam then all blocks center 80" road is being connected to this allready developed 150ft road. Hope fully this time DHA Lahore will fullfill its commitment of possesion on time. If not than partial possession In shaa ALLAH will be seen on time. Yes i agree with Zafar sb. Point that if in case Dha Lahore is unable to fullfill its commitment must compensate its stake holders but In shaa ALLAH the situatiin is different this time due to highly Compatitive property market.

MHA® replied on Saturday, November 25, 2017 01:54 AM PST 

I think balloting was fair
I had 8 Marla file in 2015 and got plot in ballot on 150 foot road commercial Zone 1
Realistically ACDPQ should get possession first and possibly by 2020

Your Well Wisher replied on Saturday, November 25, 2017 07:15 AM PST 

@MHA,

On what basis you are suggesting that the balloting was fair. It was only because you were allocated better location plots however majority were give the worst location plots. Please pick up the phone and speak to any agent and ask for only civil allottee plot. You will amazed to know the most low price and worst location plots were civil allottee.

I concur with you that the possession will be given to sectors A,C,D,P and Q.

@Banker

I strongly support LRE team and they are the best, professional, very honest and humble individuals. They are always there to help all. I never every disrespect these hardworking people. I strongly condemn the statement you made on this forum.

I also say that the DHA is for Honest, Dedicated and very loyal Military Officer out their combating for our motherland. We do not care if they will get little advantage from us. We love our Military Officers who sacrifice their lives for us all. They our Sons, Brothers and Fathers. WE LOVE THEM and RESPECT THEM.

dxn replied on Sunday, November 26, 2017 02:10 AM PST 

to all proponents of dha

may i ask what happened to dha city which is also dha lahore project....

i am also shocked to read Awan sb comments to enter dha projects at launch time

Eesa replied on Sunday, November 26, 2017 04:05 PM PST 

Paying a normal per annum installment from 2002 to statelife insurance and after 4 years more will get an amount by which can buy 1 kanal main boulverad house in 2022 in so called phase 5. If died then family will have not to wait for 4 years more or will get handsome stipend till maturity.
So does DHA give above oppertunity? If one dies during installment period, would DHA compensate a family?
Would the persons having boundry lined balloted plots in 2015 who waited for 11 years capable to sell their plots at worth Rs. 8 crore in 2022.
What the worth of money would be when you paid lump sum in 2004 and one paid annual installments of state life?
The lucky people in DHA are only those who got hance to invest during crisis but even they gambled either got good location or worse location plot. And gambling isa prohbited entity.😂

Come on! Try to think out of box

Faher replied on Tuesday, November 28, 2017 03:48 AM PST 

Eesa,
Which one of state life's installment plans did you invest? Thanks
23)   
Ahmed 
City & Country:
-
Monday, November 20, 2017 05:25 PM PST  Reply: >

I purchase DHA Bahawalpur one kanal for 1year investment
But since I purchase continuously prices going down can someone suggest
Upto what time should I keep
Thanks

Flex01® replied on Monday, November 20, 2017 05:44 PM PST 

Sorry to tell you bluntly , but real estate is not a short term investment. One should only invest in Re, if holding period is at least 3 to 5 years.

DHA Bahawalpur will see lower prices for the next 2 years or so, till all the installments are paid and plot balloting is done with development

Mubeen Asghar replied on Monday, November 20, 2017 06:01 PM PST 

Asslam a alaikum,

Sir currently market was down almost everywhere from last some few months, just recently from last week prices are starting getting better. DHA Bahawalpur 1-Kanal will be good in next 1 year. Better to hold it now.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Naveed786 replied on Monday, November 20, 2017 11:23 PM PST 

Now don't need to be under estimate this particular time because this is ready to move upward. DHA Bahawalpur is going to an announcement for its Phase 2 to issuing new affidavits for phase 2 so it will be a good advantage for Phase 1 file holders to enjoy the profits on basis of gradully with the progress of developments and next year ear ballot it can gain maximum InshaAllah.

User_6006® replied on Tuesday, November 21, 2017 12:13 AM PST 

As Cmy mentioned buy plots for at least 2,3 years hold time ,Dha bhawlapur may loose because they are not dividing into phase 1 and 2 etc or ext new files keep on coming and i heard they able to get few thousand kanal more and including it in phase 1 so files keep on coming next few months but after settling new files and with overall situation better for govt and market it will jump so hold for a year to see good.

Naveed786 replied on Tuesday, November 21, 2017 11:34 AM PST 

I think it's best time to buy DHA Bahawalpur right now. The Prices have been started to take a good jump so take it quickly before time fly like DHA Multan which is still now at 50lac. ROI would be good for short term but much better in longer run in DHA Bahawalpur.

Faheem Ansari replied on Wednesday, November 22, 2017 03:50 AM PST 

yes naveed rate may go two lac plus or 4 lac minus in short times but after new govt in 2018 rates will increase to 40

Faheem Ansari replied on Wednesday, November 22, 2017 03:55 AM PST 

yes naveed rate may go two lac plus or 4 lac minus in short times but after new govt in 2018 rates will increase to 40

Nabeel® replied on Wednesday, November 22, 2017 02:50 PM PST 

My opinion on Bhawalpur : "Those who fail to learn from history, are doomed to repeat it."
22)   
Haroon® 
City & Country:
-
Sunday, November 12, 2017 12:51 AM PST  Reply: >

Hi LRE,
There were Multan extension files available one time. Are they still in the market or it is only Multan Phase 1 files now and no more extension files?

Mubeen Asghar replied on Sunday, November 12, 2017 02:05 PM PST 

Asslam a alaikum,

Actually there were of phase 2 named as Phase 1 extension, mostly the files of upcoming DHA phase comes in market initially as extension of its previous phase, later they named as a separate one, they still are in market but buying/selling is very low as it's a long term project.

Thanks
+
Mubeen Asghar
Lahore Real Estate
21)   
Dha multan 
City & Country:
-
Sunday, November 12, 2017 12:51 AM PST  Reply: >

Anticipation
I think price for one kanal of dha multan will move between 45 and 50 till ballotting and when date will be announced it would go abruptly to near about 65; comments please

Mubeen Asghar replied on Sunday, November 12, 2017 02:01 PM PST 

Asslam a alaikum,

Yes, it will hover around 45-50, near balloting it will be 55-60, and after balloting depend upon the location of plot it will be 63,65-70 or more than that in best case scenario.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Dha multan replied on Sunday, November 12, 2017 10:11 PM PST 

Thanks a lot dear Mubeen, LRE, almost the same assessment /anticipation as I have.

multani replied on Monday, November 13, 2017 12:20 PM PST 

DHA Multan official website shows following important notice.

پلاٹ فائل کے نیچے ادائیگی کی ادائیگی کی آخری تاریخ 15 جولائی 2017 تھی، جس میں 30 ستمبر 2017 تک توسیع کی گئی تھی. 30 معتبر گاہکوں کو ان کی ادائیگی میں جمع نہیں کیا جاسکتا ہے، جو ڈی ایچ اے کے قواعد کے مطابق منسوخ کر دیا گیا ہے. تاہم، اگر 30 ستمبر 2017 سے پہلے ادائیگی کی وصولی کی ادائیگی کی گئی ہے تو، ڈی ایچ اے ملتان ان کے دعوے کا معزز احترام کرے گا.

Thelma replied on Monday, November 13, 2017 10:50 PM PST 

Can somebody please explain this notice .which file s dues need to be paid?

Mubeen Asghar replied on Tuesday, November 14, 2017 01:28 AM PST 

Asslam a alaikum,

@multani,
Sir, this notice is for the down payment and installment date of balloted installment plots not of cash files.

Thanks
Mubeen Asghar
+
Lahore Real Estate
20)   
drtangi 
City & Country:
-
Tuesday, November 7, 2017 10:07 PM PST  Reply: >

Bahria Orchard Phase 4
Can you please give me a price estimate for my following plot?

8 Marla Commercial
Plot # 72, Block G3
Bahria Orchard Phase 4

I have paid 45Lac down payment and 3 installments of 20Lac each.

Thank you in advance.

Mubeen Asghar replied on Wednesday, November 8, 2017 01:31 PM PST 

Asslam a alaikum,

Sir you plot have market value around 5 Lacs own.

Thanks
Mubeen Asghar
+
Lahore Real Estate
19)   
zeej 
City & Country:
-
Sunday, November 5, 2017 08:47 PM PST  Reply: >

Bahria Orchard Query
Aoa, I would like to ask if Bahria Orchard Phase 1 is good buy at the moment? I am interested in 5 Marla plot and if I get the plot, then I am ready to wait for 5-6 years before selling plot. Also, if Orachrd is good society, then which block would you suggest? I am oversees and have not visited the society yet, but will definitely do before buying. Thanks.

Mubeen Asghar replied on Monday, November 6, 2017 12:12 AM PST 

Walaikum Aslaam Sir,

Orchard is good, Phase 1 had already reached to the maturity point, prefer Phase 4 plots, they will be good in next 3-4 years as development work will proceed.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Zeej replied on Monday, November 6, 2017 05:23 PM PST 

Thanks a lot Mubeen. What would be price range for 5 marla and 10 marla plots in orchard phase 1 and phase 4? And as you suggested, phase 4 might be better but should I not prefer on-ground plots?

Mubeen Asghar replied on Monday, November 6, 2017 06:45 PM PST 

Sir 5-Marla is in range of 35-41 Lacs and 10-Marla in 48-65 Lacs in Phase 1 of Orchard, while Phase 4 have different price ranges, average and good location have own started from 2 Lacs to 10 Lacs. For further details feel free to contact me.

Thanks
+
Mubeen Asghar
Lahore Real Estate
18)   
Mian Waqas 
City & Country:
Lahore
Saturday, November 4, 2017 03:16 AM PST  Reply: >

Market interpretation
*How property bubble will burst in Pakistan*

The property bubble occurs due to high speculation which artificially increases the property demand. As there is no real demand, every property bubble bursts and we see massive price crash. In 2005, Pakistan real estate bubble collapsed and people lost millions of rupees. The property market took several years to recover the prices. Once again we are in trouble but most important thing is to know how property bubble will burst in Pakistan.

*Current property price trends*

Pakistan real estate sector was in bubble phase since November 2016, when property tax amnesty scheme was introduced. But now due to massive crack down on black money, this bubble has started to collapse. Asking price has decreased by 20-25%. It’s just the start of a lengthy process which will take many months to complete.

*Why property prices are falling in Pakistan?*

Investment has huge impact on property price as it increases the volume of transactions. When transactions are high, property prices rise. Ironically, Pakistan property market was alcoholic of black money and foreign remittances. But now black money has been blocked by SC and remittances are decreasing too. Due to less investment, property prices are falling.

*The market behavior*

The only buyers at the moment are the honest tax payers who want to buy a place for living as they are fed up of paying rents. The genuine buyers have low purchasing power, so only small & cheap properties are changing hands. Property search and queries are still strong, but buyers are waiting for the big bargains.

*How property bubble will burst in Pakistan?*

The current property prices are not sustainable as investment in drying up. Property price crash is written in the sky. The only question is what course this crash will take. There are three possible scenarios; hard crash, soft crash and long stagnation. We will see 35-50% property price fall followed by long stagnation. But this time crash will be bigger than that of 2005.

*Which areas will be hit hard?*

Property price fall will not be same across Pakistan. Some areas will be hit hard where others will see only price stagnation. Areas which are less inhabited and have high speculation will be hit hard. Areas with moderate population and some speculation will see moderate price fall. On the other hand, areas with high density and low speculation will see only price stagnation.

*Luxury versus affordable properties*

Luxury properties are always the first victims of property price crash, whereas cheap properties only see price stagnation. This is because luxury properties are the main target of black money people and cheap properties are bought by the genuine buyers. Houses of worth up to 10 million PKR will see price stagnation but high end properties will see hard price crash.

*Losers and winners*

Every real estate crash has losers and winners. The people who bought properties at peak price in early 2017 will be the losers. This is because they bought properties at high rates and after crash property price will be less. On the other hand people who will buy the properties after price crash will be the winners, as at that time prices will be very affordable.

*How much time it will take to bottom out property prices?*

In every property crash some people make a killing due to wise decision and right timing. The most important thing is to guess the time when property prices will be bottomed out. As SC has opened the mega corruption cases and investment is drying up, so it will just take 4-6 months for crash to complete and further 4-6 months to bottom out the prices; the right time to start buying again.

*Article written by Garrison estate Nexus*
Note🤐 above article might be understanding of a person or organizaion and you have a right to disagree with whole or some parts of it..awaiting reponse from much experianced persons .

New Investor replied on Saturday, November 4, 2017 05:53 AM PST 

Thanks for sharing your opinion.

1. Please share your experience knowledge. Your opinion (assumptions + facts)is based on what ?

2. How to exit right now ? if someone purchased in early 2017. How he can exit ?

M. Abid 1 replied on Saturday, November 4, 2017 06:12 AM PST 

SoA,
I dont agree with this analysis. Because you can see after price fall in 2005, where prices climbed up. Could you tell me a single country in whole europe or america. Answer is no one.
It means prices rose ten times more than of 2004.
Alhamdullillah in Pakistan people having cash,not credits like developed countries.
So there would be no crash at all. Yes market is stagnant because many investors are thinking to find the fall.
It is just because of political situation.
Population is rising and development with China is going on.
Peaceful environment is being created by military.
Just once few big investors decided to buy then little will have no more chance to get the train.
All foreign investors also waiting, waiting.
This hybernation periode can break any time, but will be in this winter InshaAllah.
Who will buy now is the real winner, InshaAllah.

Laiq Ur Rehman® replied on Saturday, November 4, 2017 06:37 AM PST 

What a rubbish. Not based on any facts.. Prices are mostly or 90% falling in areas which are off ground. Not many buyers in the market and also not many sellers as well. Sellers are not willing to backdown their prices. Only real needy do. You will be fool to compare the current market situation with last decade. Those were inflated prices and people are much more mature now. They have holding power now. People living abroad invested heavily in property market in the last few years and they have holding power. Thats also one of the reasons for keeping market afloat. Prices will rise given some development in any area. Fild business is down and nobody is willing to invest in it at least for now.

Adnan replied on Saturday, November 4, 2017 11:52 AM PST 

Garson state is totally screwed up bunch of crazy idiots
No need to listen to their nonsense

Mubeen Asghar replied on Saturday, November 4, 2017 01:31 PM PST 

Asslam a alaikum,

Sir, whenever there is a fall or bursting out of artificial bubbles then there are huge falls in prices, Can you point out any single society where there is hardly a correction of prices more than 20% , it's just a little bit of correction happening due to political uncertainty, it's the best time to buy, Brother Abid is correct that once the big investor will enter you will won't find files/plots at this price, and this will happen soon.

Thanks
+
Mubeen Asghar
Lahore Real Estate

jehanzeb replied on Saturday, November 4, 2017 01:40 PM PST 

AoA
Everyone has their own opinion on the future, as it is unknown and hard to predict. The only rational way to judge is to see historical returns on property. If you take any random 10 year period, the average return on property has been 10 to 13 % per year. Yes your plot might double in a year, but if you see long term the return settles to 12%. BTW just to clarify by an example, let us say you bought a plot in DHA for 1 crore 10 years ago and right now it is for 3 crores, your annual rate of return comes to 11.5%.
If the property prices doubled from 2013 to 2016, then this trend cannot continue and prices would have to increase at a rate so that the return drops to 12% over a 10 year period.
Also why the return is 12-13% over the long run and not more ? The simple answer is that the average inflation is 11% in Pakistan historically.

Babar Nazar Awan® replied on Saturday, November 4, 2017 04:02 PM PST 

its an academeic article has no relevence with reality.

User_6006® replied on Saturday, November 4, 2017 04:27 PM PST 

Nice attempt but do not live in fool paradise,if lhr, karac, isbd costly for u buy in gwadar. Dnt wait for time but act.

Rana_Australia® replied on Saturday, November 4, 2017 07:49 PM PST 

Mian Waqas is right to an extent but prices in Prism for example wont fall much except ordinary plots ..Corner , 150 ft road etc are still high in demand . DHA Town is increasing . Yes , prices in DHA Multan , BWP and Gujranwala have gone down . DHA Multan acquired so much land and prices of allocation might be 38 very soon . 38 Lakhs is a very good price to buy DHA Multan . BWP might come to 24 . Ideal time to purchase at 24 . Peshawar best buy now before ballot on 25th December . If you have big budget purchase in Phase 8 W Block .Price might not increase now in Phase 8 but jump of one crore especially W Block in one year expected .
Regards

Shahid1 replied on Sunday, November 5, 2017 12:52 AM PST 

There are only investors in prism. Prism is favorite for investors because of the low transfer cost. The day the transfer cost rises, prism will be hit very very hard.

ahmed replied on Sunday, November 5, 2017 05:43 PM PST 

Asalam o alaikum,

Dear Fellows,
Just reading LRE discussions since some years, Some people say correction is just a small bit. and they are waiting for the big investors sooner.and some think this correction will go on for some time.

Please can someone give more details on both views.Please.

Thanks.

Nabeel® replied on Thursday, November 9, 2017 02:07 PM PST 

No one knows the future, so why waste time talking about it?

Only thing is your buying and selling strategy should change based on current scenario.
17)   
Dha multan 
City & Country:
-
Saturday, November 4, 2017 01:17 AM PST  Reply: >

What is happening
Please give an analysis what is happening in dha multan; the prices are continuously declining with apparently no stop.

Mubeen Asghar replied on Saturday, November 4, 2017 01:54 AM PST 

Asslam a alaikum,

Sir, prices are declining everywhere, it's just a political instability and nothing else.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Nabeel® replied on Monday, November 6, 2017 07:04 PM PST 

Short-term holders with less knowledge of the fundamentals of the project have exited. They were mostly those who bought to hold till ballot only.
16)   
Khalid Javaid 
City & Country:
UAE
Tuesday, October 31, 2017 06:17 PM PST  Reply: >

Green Palm Gwadar Project Update
Dear All,

Is any update on the Green Palm Gwadar. The investors have almost paid more than 30% of the land cost so far. But nothing concrete is visible so far anywhere.
1. Should investors continue paying installments?
2. If anything adverse about this society (if any), please share your thoughts.


Regards,
Khalid

Inam replied on Wednesday, November 1, 2017 01:11 AM PST 

Should have posted this question after 2 years minimum. Abhi tu bhai lambi taan ker bhol jayeen Green Palm ko . Its a long long term investment.

Mubeen Asghar replied on Wednesday, November 1, 2017 12:54 PM PST 

Walaikum Aslaam,

Sir you should keep paying your remaining charges, Currently any investment in Gwadar is a long term investment, don't expect high short term gains in current market. In the long run it would be a very good for you.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Mohammad Reaz Jamal replied on Wednesday, November 1, 2017 03:50 PM PST 

Mubeen sb for long term how many years approximately please clarify regards

Mubeen Asghar replied on Wednesday, November 1, 2017 07:19 PM PST 

Sir for 5-7 years.

Thanks
Mubeen Asghar
+
Lahore Real Estate
15)   
Rana_Australia® 
City & Country:
-
Monday, October 30, 2017 10:58 PM PST  Reply: >

DHA Peshawar
Respected All ,
DHA Peshawar has officially confirmed its ballot on 25th December . I assume the price to gain 5 to 7 lakhs before ballot . Please shed a light . Previously it was rumors , this time it is official announcement .

Regards

Mubeen Asghar replied on Tuesday, October 31, 2017 01:05 AM PST 

Asslam a alaikum,

Prices already increased from 49 to 58, will not increase more than this, will be near 60 near ballot, Plot will have value 60+ after ballot.

Thanks
+
Mubeen Asghar
Lahore Real Estate

KPK replied on Tuesday, October 31, 2017 03:32 AM PST 

It is not only Lahore or Gawader or for that matter DHA Multan where prices go up.
DHA Peshawar is a small plot community. Only four sectors. Contract for all four awarded. Land purchase, and no further land available for extension. Only competition with Hayatabad phases....that is Peshawar Development Authority. First DHA in KPK. It has lot of potential. In short as well as long term.
Location is excellent. Its main commercial will have opening on Peshawar bypass..
Also land in this locality is totally flat. Good drainage, no extensive fill required like DHA - Phase 8 Lahore....thus roads can be quickly constructed.
It shall me min 13-16 millions in 2-3 years.
Excellent opportunity for investment
14)   
LRE Rates Update 
City & Country:
-
Thursday, October 26, 2017 03:43 PM PST  Reply: >

DHA Multan Files Prices Update 26 October 2017

DHA Multan Residential And Commercial Files Prices Update


DHA Multan Affidavit (10 Marla) 34.15 Lacs
DHA Multan Affidavit (1-Kanal) 46.75 Lacs
DHA Multan Allocation (1-Kanal) 44.85 Lacs

DHA Multan Residential Installment Plot Files Buyer Prices Update


5 Marla Buyers at 4.60 Lacs Seller Demands at 5.00 Lacs (Booking Price 20 Lacs in 3 years installments)

8 Marla Buyer at 4.70 Lacs Seller Demands at 5.10 Lacs (Booking Price 30 Lacs in 3 years instalments)

10 Marla Buyer at 6.75 Lacs Seller Demands at 7.15 Lacs (Booking price 35 Lacs in instalments)

1 Kanal Buyer at 4.90 Lacs Seller Demands at 5.30 Lacs (Booking price 68 Lacs in 3 years installment)

2 Kanal Buyer at 8.50 Lacs Seller Demands at 9.50 Lacs ( Booking price 130 Lacs in 3 years in instalments)

DHA Multan Commercial Installment Plot Files Buyer Prices Update


4 Marla Buyers at 24.00 Lacs Sellers Demands at 25.00 Lacs ( Booking price 175 Lacs in 3 years installment)


8 Marla Buyers at 19 Lacs Sellers Demands at 20 Lacs ( Booking price 350 lacs in 3 years in installment)

Contact On These Numbers For Buying And Selling
Fawad +923024489001
Jawad +
Jamshaid +
Ihsan +
Nouman +
Umair +
Note:(Sellers must pay own membership fee (Rs.64160 ) and any seller taxes when or if imposed.
All seller are must required to travel to DHA Multan for transfers and pays his own travel expenses)

Multan Dha holder replied on Thursday, October 26, 2017 04:32 PM PST 

DHA multan cash file ka tou bara he gharq ho gya hai. Yeh kaha ja ker dobara gain karna start ho gi?

M Zahid® replied on Thursday, October 26, 2017 06:08 PM PST 

When all other assets are loosing then DHA Mutlan is not different. Prism allocation file has nearly returned from 80 to 72. Market improvement factors have no near term visibility. DHA Multan can fall under 40 if DHA have not made any substantial intervention, like balloting etc. Which they can not announce until land is cleared enough to do that. This may reach to 35 or so.
But this fluctuations are part of development cycle. Long term holders will not be affected by these up and down movements.

Lahore Real Estate replied on Thursday, October 26, 2017 06:08 PM PST 

Overall market is observing downward trend, rates won't decrease too much.

Mubeen Asghar replied on Thursday, October 26, 2017 06:08 PM PST 

Asslam a alaikum,

Sir, DHA Multan is almost near to its minimum point, it will hard to fall below than this. Currently prices are down everywhere due to political instability, they will be good in coming months.

Thanks
Mubeen Asghar
+
Lahore Real Estate

Awan replied on Thursday, October 26, 2017 07:39 PM PST 

Zahid sb 35 is very very very pessimistic view i guess as installment wali file is priced at 68 lac. Aodh adh ka difference is IMPOSSIBLE

Afridi replied on Thursday, October 26, 2017 11:06 PM PST 

DHA MULTAN is still to fall below this because of availablity of DHA 10 in lahore market at almost the same price. Both DHA 10 and Multan are at the same phase of development ( I don't buy the gimmick that 2.5 km road can do much in DHA multan) ...both have land yet to acquire, both are files, ballot of both is not done yet, LAhore factor will make dha 10 much much better choice if someone buys now for his future generation.

AMS replied on Thursday, October 26, 2017 11:11 PM PST 

Surprisingly, entire market is affected by the political instability in the country except DHA Multan and Lahore Prism Commercial plots whose OWN and price still prevailing on more or less same level which we found at launching of DHA Multan and a year before in Lahore.

free_man replied on Friday, October 27, 2017 02:01 AM PST 

روک سکو تو روک لو ۔ سب نیچے جائیں گے
13)   
LDA CITY 
City & Country:
Lahore
Tuesday, October 24, 2017 03:54 PM PST  Reply: >

LDA CITY DEVELOPMENT
Despite of start of Development in LDA CITY, Why prices are stuck. Please shed some light

Nabeel® replied on Tuesday, October 24, 2017 06:19 PM PST 

LDA Avenue is their previous project which is over 15 years old.

Read the below article, you will know why :-)

https://www.zameen.com/blog/lda-avenue-i-an-update-on-rates-litigation-and-buying-trends.html

Mubeen Asghar replied on Wednesday, October 25, 2017 03:50 PM PST 

Asslam a alaikum,

Sir prices are down everywhere due to political instability, hope things will be better in coming months.

Thanks
Mubeen Asghar
+
Lahore Real Estate
12)   
Habib 
City & Country:
-
Monday, October 23, 2017 03:27 PM PST  Reply: >

DHA Phase 8 Proper Correction
There is Significant Correction in Phase 8 plots prices all are ready for possession, How it will affect other sectors of DHA? It is big question
In past whenever there was slump, DHA was worst affected as huge proportion are investors.

Mubeen Asghar replied on Wednesday, October 25, 2017 03:56 PM PST 

Asslam a alaikum,

Sir DHA Phase 8 already had gain too much in previous years, now due to political instability a little correction is happening in prices. And not just DHA, rates are down everywhere.

Thanks
+
Mubeen Asghar
Lahore Real Estate
11)   
Dha multan 
City & Country:
-
Monday, October 9, 2017 03:19 AM PST  Reply: >

Deliberations
Please make some deliberations on the present and future aspects of dha multan. Should we hold or get rid of.
Thank

Mubeen Asghar replied on Monday, October 9, 2017 06:29 PM PST 

Asslam a alaikum,

Sir it would be very good in next 2-3 years, our suggestion is you should hold it now. It will give you a very good gains.

Thanks
Mubeen Asghar
+
Lahore Real Estate

afridi replied on Tuesday, October 10, 2017 11:03 PM PST 

Will be developed after 20 years?? or after 15 years???
10)   
Zaid Arif 
City & Country:
-
Monday, September 25, 2017 05:08 PM PST  Reply: >

DHA Bahawalpur
All the experts are humbly requested to shed light, on whether DHA Bahawalpur 1-Kanal Affidavit is a good investment at the current price of 28.7 lac as a two-year investment or not...

Mubeen Asghar replied on Monday, September 25, 2017 06:00 PM PST 

Asslam a alaikum,

Sir it would be very great if you would hold it for 3 years along with development charges.

Thanks
Mubeen Asghar
+
Lahore Real Estate

M Zahid® replied on Monday, September 25, 2017 06:32 PM PST 

Dha Bahawalpur has been swinging between 22 to 36 since its launch. Although this is the more advanced in land acquisition and development of any newly launched DHA's. What is the reason that it has not made any leap forward in-spite of many management efforts?
My personal take is management priorities are not correct.
Location is slightly compromised which is on other side of city and GT Road.
Local population don't view it favourable and relocation rate from small towns and villages to Bahalwapur is very low in comparison to Multan or Lahore.
Management could have corrected by building quality recreational, high class educational and medical facilities prior putting efforts towards development. But DHA is following usual and established cycle of dha lahore development which leaves it unattractive for local population. This will remain so until people start seeing medical college, good hospital, universities, good leisure and recreational facilities taking shape. I assume this will take more time than assumed in Mubeen's response.

ShahzadQamar® replied on Tuesday, September 26, 2017 10:16 AM PST 

if you have some strong nerves, its the best time to enter DHA bwp and inshaAllah you will not lose any anything but a success will give you high returns.

Zaid Arif replied on Tuesday, September 26, 2017 04:50 PM PST 

A bundle of thanks to the respondents. Inputs from CMY, Jameel Mughal, Habib and others are also requested... specifically regarding the potential gain/loss in 2 years window.
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