Lahore Real Estate Forum

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Wednesday, May 23, 2018 06:50 PM PST 
Guidance for Investment of 25 to 30 lakh

AOA Everyone!!

I am looking to invest an amount of 25 to 30 lakh for a period of 3 to 4 years. I want to invest in on-ground plots / very safe societies only. What are the options for investment?

I have shortlisted a few societies (please feel free to suggest any other societies):
1. Fazaia Housing Scheme Phase 2
2. Bahria Orchard (on-ground plots only)
3. DHA Rahbar Phase 2 Extension Files (When can we expect the ballot?)
4. ...

Can I expect 50 to 60% gain in my investment in the next 3 to 4 years?

I request the members of LRE team, and all learned members of this forum to please help/guide me with your suggestions.

Thanks in advance :-)

Asad LRE replied on Wednesday, May 23, 2018 06:56 PM PST 

sir nothing better than dha bahawalpur in this budget

Asad +

An Inquiry replied on Wednesday, May 23, 2018 07:17 PM PST 

Hmmm. Thanks for your reply.

But I am more interested towards on-ground plots. Can you suggest a few options for on-ground plots?

By the way, If I get a 1 kanal file of DHA Bahawalpur in around 27 lakh, how much gain can I expect in 3 to 4 years?

Asad LRE replied on Wednesday, May 23, 2018 08:20 PM PST 

dha bahawalpur one kanal total will cost
2,700,000 price ( cost of land)
63,000 transfer cost
27,000 1% LRE
2,790,000 total

then after ballot youll have to pay development charges, say 20 lacs in installments

for possession you'll wait for 3-4 years, on possession one kanal dha bahawalpur should be 11-14 million

regards

Asad +

MS replied on Thursday, May 24, 2018 07:08 AM PST 

In that budget you can easily get 14 marla on 100ft road in State Life phase 2. Gain will be much more than Bahawalpur file. Choice is urs.

Curious replied on Thursday, May 24, 2018 07:23 AM PST 

Thought state life phase 2 is delayed forever, is my information wrong?

MS replied on Thursday, May 24, 2018 01:29 PM PST 

Revised Map of State Life phase 2 is underway for approval from TMA. It will be adjusted in phase 1 extension as happened previously when G extension & J block was given. Only a matter of few more months, you can wait and watch yourself what happens to the price of phase 2 files. Society does have the land it’s only a matter of development.

Flex01 replied on Thursday, May 24, 2018 01:40 PM PST 

AVOID STAtelife 2 at all cost....your hard earned money would be stuck!!!!

Go for either dha Multan, bahawalpur or dha rehbar files

An Inquiry replied on Thursday, May 24, 2018 03:07 PM PST 

Thanks everyone for your responses. Couple of more queries:

1. Is DHA Rahbar (Phase 2 extension file) a good investment? I have been hearing about ballotting for a long time, but it has not happened. Any confirm news regarding ballotting?

2. No one seems to recommend Fazaia Housing Scheme Phase 2. Isn't it a good option for investment (in 5 marla plot)?

Advise Seeker replied on Thursday, May 24, 2018 04:47 PM PST 

Dear avoid investing in property as I can see no major boost in property sector for next 5 years. You won't get 50 to 60 percent gain.

An Inquiry replied on Thursday, May 24, 2018 04:59 PM PST 

Hmmm. But what other options should a small investor explore?

Profit rates of National Savings are extremely low. Plus, my experience with the Mutual Funds and Stock Market has not been too good either :-(

advise giver replied on Thursday, May 24, 2018 06:11 PM PST 

I agree that property will not give any return for the next 3-5 years. If you want to invest you can buy dollars or euros. In 4 years you ll get around 30-50% return on it. Interest rates on national savings will be increased by the end of this year as we are headed for massive inflation. If you invest in property now, you wont be able to sell in 6 months to avail the increased rates in national savings later. Rest Allah knows best.

Latif replied on Friday, May 25, 2018 05:52 AM PST 

Bahria orchard on ground Plots are best option in this budget. This is good chance to invest or make home in world class society in such a small amount

AR replied on Friday, May 25, 2018 01:41 PM PST 

state life 2 right time for invest as my opinion maximum 2 years from now gain will be more than 100%

An Inquiry replied on Friday, May 25, 2018 07:23 PM PST 

@Latif: Thanks a lot for your reply. Can you please guide in which blocks of Bahria Orchard can I get an on-ground plot in around 25 to 30 lakh?

Advise Seeker replied on Friday, May 25, 2018 09:55 PM PST 

I agree with Latif's reply. Bahria Orchard is really a good option. Don't know much about plots under 3 millions but it's much safer and wiser to get hold of an on ground possession plot in Phase 1.

Latif replied on Saturday, May 26, 2018 06:06 AM PST 

You can get 05 Marla plot in G block within your budget. Number of houses are already under construction there.

P K Mirza replied on Wednesday, June 13, 2018 11:33 PM PST 

State Life 2 will never be developed, grabbers will take the land, as they have done in past and make their own society.

P K Mirza replied on Thursday, June 14, 2018 12:46 AM PST 

So, if you own a 1-kanal file of State Life Phase II, you will get a 14-marla plot, possession of which, as committed by the AGM member, will be handed over after two years. And if that’s not what you want, you have the option to surrender 4 marlas and get a 10-marla plot, possession for which will be given in about one year.

neversayagain replied on Wednesday, June 20, 2018 06:31 PM PST 

in my opinion and to the best of my observation there is no more charm in property investment.Mafia is now holding this market with black money.better say good bye to this sector and try some elsewhere as buy dollars and wait for one year.

khan replied on Wednesday, June 20, 2018 06:33 PM PST 

in my opinion and to the best of my observation there is no more charm in property investment.Mafia is now holding this market with black money.better say good bye to this sector and try some elsewhere as buy dollars and wait for one year.
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Saturday, March 10, 2018 12:13 AM PST 
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Wednesday, January 10, 2018 12:33 AM PST 
State Life 2 ???????????

Salam All,

Whenever I see the word "State Life 2" in this forum, I can clearly see tons of abuses below that post like most dump society; shitty society; dead investment and much more...

I would request LRE to please provide us some inner news, any further plan what they are thinking or any forecast for the same. I am asking because no one at this forum can refuse few facts about that..

*** One of the best location at this time
*** At the edge of Lahore Ring Road
*** Surrounded by DHA all over
*** One of the cheapest once it comes to price in Lahore
*** Accessible very easily

If you keep all above mentioned factors in mind, one would notice that no harm to keep around 25-30 laks at aside for this as an investment because this piece of gold would not vanish one day. It has to be bild one day as construction is already done at its all sounded areas.

Bottom line, it has to be built one day sooner or later. So if any one have small amount of 25 to 20 laks I assume no harm inverting in it.

requesting LRE please provide your input and all property experts with their opinions.

Thanks

Investor replied on Wednesday, January 10, 2018 12:46 AM PST 

If it is that good then why do you have to prove to every one my friend
If u like it buy there no one stopping

Winner replied on Wednesday, January 10, 2018 05:17 PM PST 

@Investor

He clearly requested LRE to comment on this. Don't jump in and stay calm.

Winner replied on Wednesday, January 10, 2018 10:56 PM PST 

@LRE : kindly do not remove again.

Huge disappointment from LRE for not replying to any query through WhatsApp unless it involves selling/buying commission.

Real man replied on Thursday, January 11, 2018 01:13 AM PST 

Statelife 2 and winner is the same person who launched a campaign few days back that State life 2 is coming, state life 2 is coming

Infact that will never come

HAHAAA replied on Thursday, January 11, 2018 04:09 AM PST 

HAHA wait one HAAAAAAAAAAAAAAAAAAAAAAAAA HA
Try more may be u find some fool

CMY replied on Thursday, January 11, 2018 08:25 AM PST 

Winner sahib we try our best to answer all WhatsApp questions asap. Resend your questions to WhasApp at + as I am currently in USA

Also please be kind enough to share name return call phone number etc

CMY replied on Thursday, January 11, 2018 08:32 AM PST 

State Life 2 sahib or sahiba your all points are valid but society have lost trust of new buyers due to negligence & years ignorance by past managements. Current management is trying to get things straight and hopefully they will have things under control soon like shortage of land or in other words more files than available land. They are trying to reduce size of plots and available files in market etc

Our prayers are with all current holders. They have held this for too long and praying their looooooooong waits and patience pays them well. Nothing else available in this budget in this area.

Ch Mujahid Yasin ( CMY )
+ & +

Bzbdhdhd replied on Friday, January 12, 2018 10:32 PM PST 

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Hhhhhbbbb replied on Monday, January 15, 2018 05:53 PM PST 

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zz replied on Tuesday, January 16, 2018 01:48 AM PST 

it depends, if you vote again in 2018 for the land mafia ...Allah Hafiz
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Tuesday, December 19, 2017 04:06 PM PST 
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(589)
Thursday, November 23, 2017 10:21 PM PST 
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.

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
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Wednesday, October 4, 2017 12:39 AM PST 
Want To Buy State Life 2 Files

AOA,

I want to buy 2 files of State Life Housing Society Phase 2 for one Kanal each. Seller must come to personally to State Life Office to have transaction face to face. I am not interested if you live abroad or unable to come to state life office for transfer.

Haleem Ansari

Saleem Ansari replied on Wednesday, October 4, 2017 01:25 AM PST 

I want to buy 2 files of State Life Housing Society Phase 2 for one Kanal each. Even if seller doesn't want to come to personally to State Life Office to have transaction face to face. I am still interested if you live abroad or unable to come to state life office for transfer.

kaleem ansari replied on Wednesday, October 4, 2017 01:56 AM PST 

i want to buy 200 files of state life housing society phase 2 for one kanal. i dont care if the seller is alive or dead i want 200 files

Waseem replied on Wednesday, October 4, 2017 02:28 AM PST 

State life 2 is still under NAB investigation, i guess. Phase 1 is secure & safe investment, phase 1 extension is under development.

Farooq replied on Wednesday, October 4, 2017 03:04 AM PST 

just need one

Malik Riyaz replied on Wednesday, October 4, 2017 03:10 AM PST 

i dont care NAB i need 10 files cash payment

Reality replied on Wednesday, October 4, 2017 10:27 AM PST 

Same foolish campaign from one respected member

Who will invest in SL2 in this dead market and in the presence of many other lucrative investments

Crazy replied on Wednesday, October 4, 2017 10:41 AM PST 

Non sense 🤓

ShahzadQamar replied on Wednesday, October 4, 2017 12:30 PM PST 

Dear All stay away from SL-2. Everybody please sell their files to Mr. Haleem 100% all files. It is fail project

Naseem Ansari replied on Wednesday, October 4, 2017 02:09 PM PST 

I also want to buy 12 files of State life 2.

Faheem Ansari replied on Wednesday, October 4, 2017 02:23 PM PST 

I want state life phase 2 extension files owners must come to office else i will go abroad too.

Haleem Ansari replied on Wednesday, October 4, 2017 09:38 PM PST 

i will pay double for state life 2 files

Farooq replied on Saturday, October 7, 2017 05:34 AM PST 

Naam Haleem aur itna josh; Ansari Sahib!
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