Lahore Real Estate Forum

Monday, December 15, 2025 06:02 AM
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Wednesday, May 15, 2024 02:58 PM PST 
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(581)
Thursday, April 30, 2020 04:45 PM PST 
information regarding formanites house society Lahore

Complaint lodge in Nab against formanites Housing society Lahore in 2015 regarding excess booking of plots. since the year of complaint no information or status confirmed by NAB.

would u pls confirm current status of proceeding by Nab against formanites housing society.

ms ahmed replied on Saturday, December 19, 2020 06:37 AM PST 

aslamlikum any body have any idea about formanight socity lahur any news please iam in london i hav bought 6 plots in 203

Hassan replied on Tuesday, February 2, 2021 02:50 PM PST 

Contact at

Yaser Zaheer replied on Monday, August 30, 2021 03:37 PM PST 

What is the latest status of Formanites NAB case ?
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(580)
Thursday, April 12, 2018 12:26 AM PST 

What is the change in transfer taxes in societies like cooperative and private housing schemes like state life, anmol, gts, formanites, etc. after amnesty scheme ordinance that has been implemented with immediate effect
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(578)
Sunday, August 21, 2016 03:05 PM PST 

A.A

I have 10 M plot, F Block in Formanites Housing Scheme for Construction & Slef Living Purpose, Please inform about the status of Scheme and will it ever merge to DHA??

Regards
Syed Ghulam Mustafa

Lahore Real Estate replied on Tuesday, August 23, 2016 05:05 PM PST 

Dear Mustafa Sb,

LRE are not dealing in Formanites Housing Scheme, cannot assist you.


Lahore Real Estate
EMAIL:INFO@LREPK.COM
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(577)
Monday, August 8, 2016 12:32 AM PST 

Experts please advice for investment purpose where should I invest central park, formanites, Dha phase 9 prism, or LDA avenue please advice as I am new on this property forum :pkf

HassanHC® replied on Monday, August 8, 2016 01:25 AM PST 

If you don't have any investment in DHA. go with PRISM DHA PHASE 9. As very safe and room to grow with time. Ring road. Bedian Road widening. So good infrastructure will support this project.

Real Estate is best replied on Monday, August 8, 2016 02:01 AM PST 

Among all options Prism is top prority, avoid formanites

Real Estate is best replied on Monday, August 8, 2016 02:03 AM PST 

please register me as Real Estate is Best

Surfer® replied on Monday, August 8, 2016 02:04 AM PST 

Go for PRISM best top location.

webster® replied on Monday, August 8, 2016 02:08 AM PST 

@ surfer if some one already have investment then what other options without installment options

webster® replied on Monday, August 8, 2016 02:09 AM PST 

already in prism

Linker replied on Monday, August 8, 2016 02:52 AM PST 

Go for central park possession plot for solid and quick gain.

DHA PHASE 9 PRISM@ replied on Monday, August 8, 2016 03:20 AM PST 

If purpose is only investment then nothing like Dha

Ziad Harris replied on Monday, August 8, 2016 04:07 AM PST 

can i get kanal in prism for 75 lacs

tallat replied on Monday, August 8, 2016 11:27 AM PST 

Like it or not market is at a stand still and will be for a long time to come.buyers and sellers are apprehensive why they should give heavy taxes to an incompetent government for nothing in return.their confidence is shattered.

Real Estate is best replied on Monday, August 8, 2016 11:38 AM PST 

@Tallat, acha then what would be people doing with their cash/savings? sitting on cash will drastically eat up the value of their cash with passage of time. and they will be looser. Not every one can play in stock and commodity market. Bank deposite return rates are lowest ever. No one can abruptly setup industry in current situation. at the end property in only tangible and secured assesst.

tallat replied on Monday, August 8, 2016 01:00 PM PST 

Real u mean to say its a mujboory to invest in real estate in Pakistan?

Zia replied on Monday, August 8, 2016 01:05 PM PST 

@Ziad Harris. Yes, you can easily get a kanal in 60-70.

@tallal. Nothing can be done about people like you, who are in habit of spitting in the same plate in which they eat.

Real Estate is best replied on Monday, August 8, 2016 01:48 PM PST 

No its Mujboory to protect One's savings against inflation and devaluation.

Real Estate is best replied on Monday, August 8, 2016 01:53 PM PST 

May you find something more lucrative other than property to invest your hard earned money(if any). leave it up to poors like us@tallat

Muhammad Asif® replied on Monday, August 8, 2016 02:31 PM PST 

AoA,
Brother wait and see for some time (couple of months or bit more) and then decide whether is it good time to invest.

All the best.

Farrukh Saleem replied on Monday, August 8, 2016 02:45 PM PST 

LAHORE RING ROAD SOUTHERN LOOP IS THE BEST OPTION

At the moment buying a plot in Societies falling on the Southern Loop will be the best option as outlook of these Societies will be completely changed after one year.

DON'T WAIT OTHERWISE YOU WILL BE TOO LATE

AHMAD HASSAN® replied on Monday, August 8, 2016 04:45 PM PST 

If one isn't player of stocks, canot start business like industry etc. And if funds are less then he can invest in mutual funds. Safe & good alternate of property too. Dosn't need to invest in million from day one. One can add funds on monthly or quartly basis. I invested with ABL Islamic funds. It doubled in 4 years. One should ve multiple options.

@ Real Estate is the Best. Property shouldn't be a single source of earnings. Yes agreed with you that property is a better place to park money than banks. But one should explore all option. not all in Pakistan are earning from Prisim 9. There are billions not aware of this name even. People earns then buy property.

@Zia Please don't insult or try to snub others. You can write your comments, you ve right to agree or disagree.

Few years back my own elder brother lost his job and received RS. 2 million as a end of service benefits. That day he had two options, either buy 5 marla prisim file and sit quietly or to start a low profile business. He bought 2 Kanal land on BADIAN Road in 1.1 Million. Rest money he used for boundry wall, one small hall, and started business of Packing with companies who outsourced this job. That also help him to introuce own brand name and to start own export. Based on need he brings labor on daily basis. He bought & kept few goats too for BARAKKAH :). Now last year he purchased 5 marla plot in Prisim. Today value of his 2 kanal propety is 8 million that he is selling to buy more space to expand his business ( no 5 M prisim plot is equal to 8m yet). The purpose of telling this is only that don't stop exploring multiple options. Pakistan is the best country to live, work & earn. There is a huge potential outside this sector too. This is the only reason property business grow & people are earning from property also. The alarming situation is only external debt that has been reached $76b. No idea how & who will pay.

Kureshi® replied on Monday, August 8, 2016 06:21 PM PST 

Ahmed Hassan , your post is worth weight in gold... we should explore multiple options of investments even if there is no threat on horizon for property business.

Ibhave heard this many time not to put all your eggs in one basket but experienced it first hand , first time.

LOYAL PAKISTANI replied on Tuesday, August 9, 2016 01:59 AM PST 

Good one from Ahmad Hassan n Kureshi

Arif M® replied on Tuesday, August 9, 2016 11:16 AM PST 

@Ahmad Hassan, this is really inspirational. I agree that Pakistan has lot of potential for different businesses. We just need to show courage and take first step. Those businesses are not as trouble free as buying selling plot but definitely the reward is also greater as compared to property.
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(576)
Sunday, April 10, 2016 06:07 PM PST 
Property Matter Expert Opinion

I need some expert opinion regarding property.
I bought a plot in society.I got Allotment Letter, paying all installment (plot price +development charges), procession letter and then got registry in my name.Now society have impose new development charges on me and I did not pay because I already clear all dues and got procession and registry in my name.Now society have cancel my plot and allot this plot to new person and he got Allotment Letter, procession letter only.Still registry intaqal in my name. Now I have suit in court for for right. I have also physical procession of plot.Expert opinion require How much strong you can see my case and is it possible that after getting registry the plot can be cancelled?

Rahim© replied on Sunday, April 10, 2016 06:49 PM PST 

Local hunt sb. You've a very strong case. Just keep two things in mind.
1. Keep a vigilant eye on the court proceedings and pay your lawyer properly so he fights for you in court on each date. The suit he has written and his game plan should be consulted by some other lawyer too to be on safer side.
2. Make sure the possession of that plot remains with you.
.
Once sale deed that too a registered one has been issued in your favour, you're pretty much safe.

Omer ® replied on Sunday, April 10, 2016 06:58 PM PST 

Good Luck, InshAllah you will have your right back. Keep your registry safe with you.Please mention which society is playing this kind of games.

Local Hunt replied on Sunday, April 10, 2016 07:38 PM PST 

Rabin thanks for your value able comments. It's my hard earning money and see how societies like this play with people land.InshAllah I will fight till the end for my right rest Allah will know what happens.
Omer this is Formanite Housing society.There are hundreds of cases where there are many owners of 1 plot.Management of this society is been arrested by NAB as there are 1100 application against them.

Pakistan® replied on Sunday, April 10, 2016 08:01 PM PST 

may I know which block of formanites is facing this issue ?

AHMAD HASSAN® replied on Sunday, April 10, 2016 08:53 PM PST 

This is the reason, highly advised stay away from private societies, especially installment offerings. LDA & DHA are the best.

HassanHC® replied on Monday, April 11, 2016 12:23 AM PST 

Also stay away from state life phase 2, and DHA valley and DHA phase 2 extension Islamabad

Local Hunt replied on Monday, April 11, 2016 12:46 AM PST 

I agree with Hassaan.I just told this to you people so that you can stay away from these projects and see all documentation before buying. NEVER trust on anyone in property matters.Do your working before investing.
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(575)
Saturday, March 19, 2016 04:50 PM PST 
Formanites society

AOA All group members,

Yesterday i visited Formanites society. It looks good. As there is possession available in most of the blocks. many houses are constructed. But one dealer told me that there are some plots which are LDA approved and some on which there is some litigation.

Could any one tell me how to know that which plot is LDA approved and which is not? Any specific document from which i can get any prove regarding that?

And also give your opinion about that society for short term investment purposes.

Regards.

Formanites Affectee replied on Saturday, March 19, 2016 07:56 PM PST 

fraud society...
i took its phase-2 file almost 14 years ago and it is till in my custody..
they deceived and looted people..

Rizwan® replied on Saturday, March 19, 2016 10:33 PM PST 

But whats about their possession plots.. They are pn ground and we can start construction now

Jamal khan replied on Sunday, March 20, 2016 01:05 AM PST 

1000 % fraud society, watto is main leader of fraudia.few months back nab also arrested him

Kam replied on Sunday, March 20, 2016 01:14 AM PST 

Don't think.fraude society.

Flex01® replied on Sunday, March 20, 2016 01:18 AM PST 

State life phase 1, is 200 meters away and 100% reliable than formanites

Waseem® replied on Sunday, March 20, 2016 02:12 AM PST 

Formanites inner roads are small. Mainly houses are on the main roads. HBFC & Sate Life are way better than this. State Life phase 1 is way better, 1 kanal ranging from 90-130 lacs.

FSL® replied on Sunday, March 20, 2016 03:39 PM PST 

It is good if you want to build a house now...
1K plot is at the price of 5 Marla...
Just Build a 5-6 Marla house on 1k plot...
5 Marla house with a big garden...

Rizwan® replied on Sunday, March 20, 2016 06:27 PM PST 

Ya i can understand that they did fraud with lots of holders their. But at the moment i think there is no harm to go for a possession available plot... How can someone fraud me if i pay the amount and construct my home on it... Am i thinking right or not?

Bird Eye replied on Monday, March 21, 2016 05:21 AM PST 

Please stay away from this society as one plot have more than 1owners even society issue more than 1 pocession letters to more than one plot owners. Many plots have more than one owner so plz be care full in your dealing

Reborn® replied on Monday, March 21, 2016 06:52 AM PST 

These societies are for the people with extra money to waste , same goes for Eden projects.

Rizwan® replied on Monday, March 21, 2016 01:01 PM PST 

Thanks a lot for ur valuable suggestions... I will definitely stay away from it now.
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(574)
Saturday, March 19, 2016 04:47 PM PST 

AOA All group members,

Yesterday i visited Formanites society. It looks good. As there is possession available in most of the blocks. many houses are constructed. But one dealer told me that there are some plots which are LDA approved and some on which there is some litigation.

Could any one tell me how to know that which plot is LDA approved and which is not? Any specific document from which i can get any prove regarding that?

And also give your opinion about that society for short term investment purposes.

Regards.

FSL® replied on Sunday, March 20, 2016 03:38 PM PST 

It is good if you want to build a house now...
1K plot is at the price of 5 Marla...
Just Build a 5-6 Marla house on 1k plot...
5 Marla house with a big garden...
>
(573)
Saturday, March 19, 2016 02:48 PM PST 
Formanites society

AOA All group members,

Yesterday i visited Formanites society. It looks good. As there is possession available in most of the blocks. many houses are constructed. But one dealer told me that there are some plots which are LDA approved and some on which there is some litigation.

Could any one tell me how to know that which plot is LDA approved and which is not? Any specific document from which i can get any prove regarding that?

And also give your opinion about that society for short term investment purposes.

Regards.

Formanites Affectee replied on Saturday, March 19, 2016 07:54 PM PST 

fraud society...
i took its phase-2 file almost 14 years ago and it is till in my custody..
they deceived and looted people..
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