Dear all,

I would like to purchase 1 Kanal plot to make house for my own living in a gated community after 3 years near to Thokar Niaz Beg on Canal, Multan or Raiwind road.
For this purpose I visited 3 socities last week namely Lake City, Bahria Town sector C, Sukh Chayan. All seems to me good as per their development standard and facilities.
I need advice from you that which one I should select out of three for living after 3 yrs where all facilities like school, hospital, Mosque, shopping malls, Gym. etc will be available by that time. If you select any society, please also select the best block and street and market price to there in order to decide.
Thanks for your help and sincere advice.
Regards
Thanks for your expert opinion.
Regards

Sector D-12 and Your Sincere advise
Hello Islamabad
I made a request few days back to get a sincere advise from the friends of Islamabad but unfortunately did not get proper response and neither a creditable expertise of Islamabad commented on my request.

Kindly tell me is it worth to invest in sector D-12 and when do you think this sector will be in position to live
Have the construction of houses started and how many ?
Is the Margala Avenue has started if not is it in pipe line yet or contract awarded. ?
Where do you see the future on sector D-12
Please write whole heartedly as it is matter of my hard earn money

Re post number 48137
Dear Dubai Investor,
I m fully agreed with Qaiser, please don’t put your hard earned money in Dubai. The following are the key disadvantages in real estate sector of UAE.
1. Govt’s inconsistence policies ( initially announced a 99 year visa for property owner and later revoked without any reason/justification)
2. 100% confirmed no rental or capital appreciation at least for near 5-8 years time. Demand has been on declining trend with substantial supply pumped in over the coming years.
3. No banks are willing to support the buyers and the actual buying power of the society is very limited hence in case you opt to sell your investment it’s nearly impossible in near future. Most of the buying power is artificially supported by consumer lending which has been dented extensively specially in Dubai.
4. Hidden costs like maintenance /service /community fees are very high
5. NO RIGHT what so ever you owned in this country. ( just for an example in case you have a street fight with cab driver there BOTH OF YOU WILL BE DEPORTED AND YOU LL NOT BE ABLE TO RETURN IN THE COUNTRY FOR THE REST OF YOUR LIFE)
6. The main concept of the real estate especially of UAE and particularly in Dubai was not logical, around the world , the Real estate investment considered on two ground i.e Social Security or long term investment but in Dubai the RE was treat as commodity trading and peoples had made hell of money but those days are OVER FOREVER now.
7. The financial health of big giants of UAE are in very bad shape , Dubai’s Nakheel. Emaar are actually bankrupt bcos they are not able to meet the financial obligations even refunding the money of customers are not possible , DP world is another disaster asking the lender to restructure their commitment /repayment . Stocks are rock bottom various shares are below par.
In short the I’ll give you an example if you have a property in Pakistan in any city with Market value of Say one Crore and you want to sell it for 80 Lacks , you will get the money in no time but in Dubai, investors are asking 50% below the original price BUT NO DEMEND.

DUBAI CHARM IS OVER , they are introducing so many indirect taxes on the expat population here to support their economy like living tax, paid parking across the UAE, tool tax, ID card ( with no use but AED: 300 for one year) etc.
My honest suggestion is to invest in the place where in case you can BURN TYPRES for agitation rather than just sit home cursing yourself for investing in place which doesn’t belong to you.

Regards
Kashif Riaz

Our Budget & Economic Situation
What do you think the current economic situation, currency devaluation, inflation impact of taxes & energy crises will produce? - apart from deprived real-estate investment position, closing of small scale industries & businesses, it gives birth to social unrest.

The global financial crises has have raised many eye-brows of busy businessmen who once thought that the given geo-political situation will not effect their lives. Since then, not only individuals but institutions & Govts. have diverted their funds to safer investments, like gold, for rainy days. Some analysts say that the economic crises was a self-created havoc by the big bankers to suck more money from the Govts. in the name of bail-outs because after so much hue & cry end-of-the-day these banks are still there enjoying their authoritative positions. Whatever the case may be, but it has changed the way people think & their life style. So much global commercial inter-dependence demands a peaceful environment. (Just to remind you that the 2nd world war was the outcome of the great recession of 1930s). The inherent phenomenon of ‘urge to dominate’ stimulates opponents’ reactions. The present situation triggers for safer measures to be taken in the economic decision making & self-reliance.

However, present economic situation in Pakistan is becoming adversely surprising. Demand is ever increasing as the country of over 180 million people require basic necessities whereas the productivity & growth rate has fallen leading to beg for the necessities at the state level. In simple words nation is forced to fulfill its basic needs from ever-soaring internal & external loans. I can balloon-up this issue and can link this with the present ethico-geo-politico-socio-economic problems of our homeland and can start condemning govt. leading to some specific personalities which mostly people are doing these days over the net and the media. Some people feel by this way they can get self-satisfaction; it is proving to be wastage of energies. May Allah shower His Blessings upon responsible people & may Guide them the righteous path; however, unfortunately this was not evident in the recent federal budget. Health, education & employment was not even touched what to talk of big projects & supporting industries.

It would be an honour to hear from friends good suggestions as to how eradicate this situation & overcome our in-efficiencies. In this regard I have personally observed in my last year’s visit from Brussels to Paris by train… I met an Indian who was working with the European Union Commission for accelerating international trade & exchange. I wonder how their govt. is strengthening their already deep-rooted ties with developed nations even to the personal levels & gaining support as well as the business. Same is badly required by Pakistan at a faster pace from west, middle-east & the far-east & I wish that the Pakistani educated intelligentsia should come forward with a positive move & can provide suggestions if we have to bring a soft -revolution otherwise its hard-core version is dying to show its face.

real estate investment gurus
your truly got a 2 marla commercial facing park, next to the grave yard, in x block.
is it a good or bad investment
you advice is important..kindly vote

regards

price decline D-12
Prices have declined in D-12 sector after the announcement of possession and expert of isb realestate are saying that it can further come down for few months atleast to 1 crore rupee kanal 50x90 price and after the completion of electical work and proper electricity connections, prices will go back to possitive side or it will stay here for a while. best time to invest in d-12 would be after july and so on.

Reference my post no. 45888 and other discussions posted for subject issue.

I am not spokesman of DHA, once again I am writing in personal capacity on this private forum.

Thousands of people have invested in DHA projects in three major cities. The reason behind is the credibility enjoys by DHA as market leader. I would like to highlight/clarify some important facts regarding DHA Islamabad projects in succeeding lines:

1. Mr. Shahzad and Mr. Usman are PM and Deputy PM of DHA Valley from Habib Rafique. I am from DHA and sitting in head office located in Ph. I
2. Habib Rafique and Bahria Town are development partners of DHA. Bahria Town is not financer. Finance is obviously coming from the installments paid by the members. So it is very logical to understand that investment is coming from DHA through its members.
3. Ph. I (Extn) & Ph. II (Extn) are in developing stages. In my view, remapping and other administrative issues will be resolved this year and than it will took 3 to 5 years depends on location, sector and country’s situation.
4. DHA has announced its Ph. III already. Ex-NPCHS (New Pindi Cooperative Housing Society) has merged in DHA as Phase. III. Transfers are also started. Plot holders are contacting the officials these days for updation of their record. Merger of AGOCHS-II is still in process.
Merger of any society is not an easy task. Just acquiring the land is not called merger. From by-laws of the company to plot size and dealing with the members a lot has to be done by new administration.
Ph. III is operational, please be updated.
5. File system has been adopted for the convenience of members, how else they can Sale/Purchase on initial stages. Once the development proceeds further the file/certificate system replaced with allotment letters. Allotment letter of DHA Ph. II (Extn) and DHA Valley (except Commercial Avenue) are already in practice, details of which can be confirmed.
6. DHA Valley is a mega project. Beside DHA Valley plot of 5 & 8 marlas, other projects like DHA Valley Overseas, Commercial Avenue and DHA Homes are located within DHA Valley. Valley includes all these projects. There are 20 main phases in Valley including 16 of DHA Valley, 3 of DHA Valley Overseas and 1 of DHA Homes. Commercial sector is located on the edge of each sector. DHA Home is located in the middle most of Valley and further divided into 2 sectors (A for 8 marlas and B for 5 marlas) and it is very much a part of DHA Valley.
7. First time DHA has allotted plots to the families of our shaheed jawans, who paid their life for our country. These 5 & 8 marla plots are also located in Valley.
8. There are policies like waiver of surcharge and delaying in payment in case of delaying in possession and effectees of IDP’s on project-to-project basis.
9. There are two major objective of each project. Quality and Delivery. In all mega projects problems like relocation and possession occurs. Terrain of Potohar is solid and uneven, which gives town planner a hectic job to do.
10. Google earth images are too old. They can lead us to specific area but cannot describe the current development of the area. (If you have slow internet connection or facing problems in downloading Google Earth software, you can directly log on to http://wikimapia.org without any download of software but the images are same).
11. Question arises about payment to Habib Rafique. If Habib Rafique is not satisfy with DHA over payment issues, why recently two companies have started DHA Tower!
12. DHA Tower is a 19 stories building located in Ph. II (Extn). It is a JV between DHA and Habib Rafique. It will be next DHA head office. Located on the edge of Expressway leading towards DHA Valley will certainly increase activities of the area. Features/Booking detail is available on various locations.
13. If DHA is no good investment for future, why in post no. 45940 Hats Off is recommended to invest in DHA Ph. II (Extn) by the same person who is writing so much against it. It raise eyebrows that what statement to rely but it also shows that investments are safe as compare to other projects.
14. DHA Valley is long term investment. Those who have not their first experience in Real Estate investment knows that 4 to 5 years are nothing in property investment. The price hike in 2004 to 2006 was unrealistic and by all means it had to adjust.
Valley is going to be a city and contains more units that whole Islamabad. New Islamabad Airport is an example of development in the region. It is situated in Pind Ranja. How much time has been consumed after the announcement of an Airport. Change of name and team are not main issues. Land was acquired by CAA in 80’s. 3600 Acre project was influenced greatly by political and economic environment. Still timeline of completion is uncertain. Valley is surely to regain its loss but it will take some time.

Delivering a plot is not main thing but it matters to deliver it in a community. In all under develop projects of DHA not only work on basic facilities are in process but Masjid, School, College, University, Hospital, Retail Centers, Community Clubs are also in the Master Plan. An example of this is the availability of 40 Kanals land available in Ph. II on main GT Road for hospital on JV basis.

In short, DHA projects can be compared with other mega projects of different societies/locations and more than compatible. I am not convincing the members here to invest but to give some clear picture. I once again recommend members/visitors to use this site only to facilitate others & for sharing of useful information and not against anyone. Even this site is running by one of DHA’s registeed property dealer.

Suggestions/comments are welcome. Thanks and Best Regards

Imran
mit1aries@hotmal.com

Lahore Real Estat Market Pulse as of 1.00 Pm Aug 22, 2009
<<<< DHA Lahore Phase 6 Defenceraya Golf Course Aug 2009

DHA Lahore Plots File Prices Lahore Real Estate Market Pulse

DHA Lahore Phase 5 M Block Allocation File buyers at 30.00 and sellers 30.25 lacs

DHA Lahore Phase 5 Extension Allocation File: Buyer(s) at 22.85 Sellers(s) at 23.00 lacs

DHA Lahore Phase 6 Allocation File Sellers at 32.00 lacs

DHA Lahore Phase 7 Allocation File Sellers at 19.85 lacs

DHA Lahore Phase 8 Allocation File Buyer(s) at 34.25 Lacs Seller(s) at 34.30 Lacs.

Parkview-DHA-8 Lahore 1 kanal allocation file Buyer(s) at 25.65 Lacs Seller(s) at 25.75 Lacs

Parkview-DHA-8 10 Marla allocation Buyer(s) at 17.40 Lacs Seller(s)at 17.50 Lacs

DHA Lahore Phase 9/10 Allocation File Buyer(s) at 14.20 Lacs Seller(s) at 14.25 Lacs


DHA Valley Islamabad open files 5 marla 3 paid sells at loss of = 23000 to 28000

DHA Valley Islamabad open files 8 marla 3 paid sells at loss of = 15000 to 20000

DHA Valley Islamabad Non open files 5 marla 3 paid sells at loss of = 30000 to 35000

DHA Valley Islamabad non open files 8 marla 3 paid sells at loss of = 28000 to 34000

DHA Islamabad Phase 2 extension lowest price certificate file is available at 10.10 Lacs


Bahria Town Lahore Sector C 10 marla 2 paid buyers at 1.99 sellers at 2.01 lacs

Bahria Town Lahore Sector C 10 marla 3 paid buyers at 2.71 sellers at 2.74 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 2 paid buyers at 1.45 sellers at 1.46 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 3 paid buyers at 1.94 sellers at 1.97 lacs

Bahria Town Phase 8 without devolepment charges General blocks other than A B D C 3.05 to 3.30 lacs for 10 marla

Bahria Town Phase 8 with devolepment charges cleared in blocks A B D C 8.00 to 9.35 lacs for 10 marla

**********************************
***For More Detailed Prices Schemes Click Here***

***For Past Prices History Click Here***
**********************************


Rates you can trust are provided by:



Ch. Mujahid Yasin ( CMY )
Lahore Real Estate
Registered/Authorized Dealer (DHA, EMAAR, Bahria Town, Urban Developers, etc.)
0423-111-111-040 in Office Hours Only
Mobile +92-322-400-9967
eMail: LRE786@GMail.com

http://www.LahoreRealEstate.com

LDA HAWKSBAY SCHEME 42
Would any of the learned contributors willl share some knowledge about this location with any news about development and the future potential of this scheme-Regards and thanks for sharing

bubble is bursting again soon
dear cmy

its heared that dha does not have all land for phase 8,and there are still big pockets of village population in the existing planned land

area across the barki road is included in phase 8,so fews file holders will get the plot there

dha is proposing to fix the development charges @ 15 lacs per kanal

parkview ballotting is arranged in march09.

its also heared that dha authorities are thinking to shift its next phases/8,9,10 on the otherside of the city-raiwind road,as there is highly likely possiblity that dha is taking over dha rahber.

moreover worsening security n border conditions ,its expected that not only dha but all the realestate prices are going to fall significantly ,very soon.

please comment
thanks

Lahore Real Estate Market Pulse Nov 7 2008 9.10 PM
DHA Lahore Phase 5 . Allocation 1 Kanal seller at 41 Lacs

DHA Lahore Phase 5 Extension. Allocation: Buyer(s) at 29 Sellers(s) at 29.05 lacs

DHA Lahore Phase 6 Allocation: Sellers(s) at 44.00 Lacs

DHA Lahore Phase 7 Allocation: Sellers(s) at 23.50 Lacs

DHA Lahore Phase 8 Allocation: Buyer(s) at 37.10 Seller(s) at 37.20 Lacs

DHA Lahore Phase 9/10 Allocation: Buyer(s) at 15 Seller(s) at 15.05


Parkview-DHA-8 Lahore 1 kanal allocation OPEN file Buyer(s) at 31.50 Seller(s) at 31.55 Lacs

Parkview-DHA-8 Lahore 1 kanal allocation Transfer file Buyer(s) at 31.80 Seller(s) at 31.85


Parkview-DHA-8 10 Marla allocation Buyer(s) at 22.15 Seller(s)at 22.20 Lacs.

Bahria Lahore Sector C 10 marla 2 Paid at 1.80 Lacs
Bahria Lahore Sector C 10 marla 3 Paid at 2.35 Lacs


Bahria Town Rawalpindi Phase 9 10 marla 3 paid file buyers at 1.78 lacs sellers at 1.80 lacs

Bahria Town Rawalpindi Phase 9 10 marla 2 paid file buyers at 1.28 lacs sellers at 1.30 lacs

Profit Awami Villas Rawalpindi Standard = 28000 or Less
Profit Awami Villas Rawalpindi Premier = 25000 or Less
Profit Awami Villas Lahore Standard = 70000 or Less
Profit Awami Villas Lahore Premier = 60000


DHA Islamabad Phase 2 Extension 1 kanal allocation file 9.35 Lacs.

DHA Lahore Phase 5 plots 67 lacs to 120 Lacs

DHA Lahore Phase 6 plots 43 lacs to 70 Lacs

DHA Lahore Phase 7 plots 28 lacs to 50 Lacs

DHA phase 8 Parkview and Air Avenue plots 56 lacs to 90 Lacs.


DHA 8 Air Avenue Lahore
10 Marla 35 to 50
20 Marla 60 to 78
40 Marla 125 to 140

DHA 8 Park View Lahore
10 Marla 33 to 38 Plus Dev Charges
20 Marla 55 to 75
40 Marla 95 to 135

Latest Maps From Lahore Real Estate


DHA Islamabad Phase 2 Ext Detailed Rates

A B C D block file cost about 17.00 To 19 lacs
E F G H block file cost about 14 To 16 lacs
J H K block file cost about 12 To 14.50 lacs
P Q R S T block file cost about 9.15 TO 10 lacs

These are going rates of BT ph 8 pindi

Bahria Towm Rawalpindi Phase 8 10 Marla 3.10 Lacs plus 4.95 Lacs as development charges

Bahria Towm Rawalpindi Phase 8 1 Kanal 8 to 9.50 Lacs plus 6.50 Lacs as development charges


*** Always deal with Registered/Authorized Dealers only ***

Rates you can trust provided by:

Ch. Mujahid Yasin (CMY)
Lahore Real Estate
Registered/Authorized Dealer (DHA, EMAAR, Bahria Town, Urban Developers, etc.)
+92-300-400-9967
+92-322-400-9967
eMail: LRE786@GMail.com

http://www.LahoreRealEstate.com/

Plot Prices
To stay optimistic, I believe plot prices will rise in Pakistan due to following reasons :

- Panic with Stock Markets
- Lack of trust in Banking sector
- Flat prices for a long time, upward cycle has to kick in. It will be nice if someone can advise on realestate cycles in Pakistan? I believe one was in mid ninties and other soon after 9/11.
- People who don't have options to move o'seas have no option but to invest in Pakistan.
- Lack of well planned, secure housing socities in Pakistan
- Ruppee devaluation against US$. At the end, all prices have to adjust accordingly unfortunately.
- Real estate investment has turned to be safer investment in the long term.
- Weaker rupee opens and opportunity for overseas Pakistani's to buy something for eventual return. Sooner or later this will happen

At the end of the day, people who could hold their investments turn out to be the winners. We should only hope that conditions in Pakistan improve because without law and order and war situation, it will be a chaos.

Declining Ruppee and Real estate investment.

It am astonished to see that 1 dollar is worth 76.45 today. Does it really make sense to convert US dollar to Ruppee and buy a plot in Pakistan. A typical plot costs about 40 lacs. So decline in value of 1 ruppee against a USD make you lose 40,000 ruppees.

I am not sure if I should hold off and wait to buy a plot at this moment.

Please suggest in this very uncertain situation.

May God help Pakistan get through this tough time.

Investment in Dubai
Can someone please tell me the minimum amount needed to invest in Dubai and from which one can also get a residential Visa.

I have heard that there are two types of investments in Dubai,

1) Rental investments, where when you buy a flat and put it on rent and receive the payment in Pakistan, which is quite large, 60-80 thousand per month.

2) When you buy a property and leave it so it can appreciate in value.

Any advice will be appreciated.

too much similarity in rates in June 06,07,08
There is striking similarity of rates in June 06,07,08 It it a chance? seasonal variation? or signs of stabilty of Market?? Food for thought


Market Pulse at 6 Pm Lahore TimeTuesday June 09, 2006

DHA Lahore Phase 7 @ 33.90 to 34.15 Under selling pressure
DHA Lahore Phase 8 @ 40.90 to 41.10 Under selling pressure
DHA Lahore Phase 9-10 @ 19.15 to 19.35 Under selling pressure
DHA phase 5 @ 75 to 138 lacs
DHA phase 6 @ 50 lacs to 75 lacs


*** Updated: Monday, June 11, 2007 3:00 PM ***
LRE Market Pulse ( Rates You Can Trust )
• DHA Lahore Phase 5 Ext: Buyer(s) at 33.00 Seller(s) at 33.75 Lacs
• DHA Lahore Phase 8 Allocation: Buyer(s) at 40.50 Seller(s) at 41.00 Lacs
• DHA Lahore Phase 9/10 Allocation: Buyer(s) at 17.30 Seller(s) at 17.40 Lacs
• State Life Phase 2 Proper, 8-Paid, 1-Kanal: Buyer(s) at 11.95 Seller(s) at 12.05 Lacs
• State Life Phase 2 Membership, 6-Paid, 1-Kanal: Buyer(s) at 8.95 Seller(s) at 9.05 Lacs
• Bahria Town Phase 9, 3-Paid, 10-Marla: Buyer(s) at 1.74 Seller(s) at 1.76 Lac
• Bahria Town Phase 9, 2-Paid, 10-Marla: Buyer(s) at 1.23 Seller(s) at 1.25 Lac
For less frequently changed rates in other housing societies/cities please visit:


Lahore Real Estate Market Pulse at 04.30 Pm June 9, 2008
DHA Lahore Phase 5 Extension. Allocation: Buyer(s) at 33.25 Sellers(s) at 33.50

DHA Lahore Phase 8 Allocation Against land: Buyer(s) at 42.85 Seller(s) at 43 Lacs

DHA Lahore Phase 9/10 Allocation Against land: Buyer(s) at 18.35 Seller(s) at 18.40 Lacs

Parkview-DHA-8 Lahore 1 kanal allocation file Buyer(s) at 30.60 Seller(s) at 30.75 Lacs.

Park view-DHA-8 10 Marla allocation file against Land Buyer(s) at 19.30 Seller(s)19.35 lacs.

Parkview-DHA-8 10 Marla allocation file against PV plots Buyer(s) at 18.80 Seller(s)at 18.95 Lacs.

I am an overseas Pakistani. Can some of the experts on this very useful forum guide me about real estate investment opportunities in Islamabad?
I would like to see my investments grow, together with a peace of mind that my investements are safe, secure and above all genuine. This investment can be considered a long term one as I am no hurry to sale the plot or even considering building my own house on it.I have the range of between 3 to 4 million PKR. I heard that DHAI Phase 2 Ext, and other phases are good options? In Phase 2 Extension what are the range of prices these days? How about Overseas sector of DHAI? I have heard that prices in Overseas sector are higher than Phase2 Ext though they are in close vicinity, I guess. Why the prices are higher in Overseas sector? Is there a reason?
Is this a good time to invest or one should wait till Budget or at least until political scenario of the country becomes stable? How is the market these days? Bullish or Bearish? I would appreciate valuable guidance fom the forum experts. Kind Regards to all.

I am on overseas Pakistani. Can some of the experts on this very useful forum guide me about real estate investment opportunities in Islamabad?
I would like to see my investments grow, together with a peace of mind that my investements are safe, secure and above all genuine. This investment can be considered a long term one as I am no hurry to sale the plot or even considering building my own house on it.I have the range of between 3 to 4 million PKR. I heard that DHAI Commoner's town, and other phases are good options? In Commoner's town what are the range of prices these days? How about Overseas sector of DHA? I have heard that prices in Overseas sector are higher than Commoner's town though they are in close vicinity, I guess. Why the prices are higher in Overseas sector? Is there a reason?
Is this a good time to invest or one should wait till Budget or at least until political scenario of the country becomes stable? How is the market these days? Bullish or Bearish? I would appreciate valuable guidance fom the forum experts. Kind Regards to all.

ASHRAF again further to my post 37805
..i am really thank ful of CMY for his reply and input.
..i donot advice CMY to take medicine,but i will try PROZAC to please my CMY.
..i also thank for CMY for using good words for me,this shows his depth in his business.
..the property is at same price for last 2 years ,and it will remain the same,the prices were raised fakely by the property dealers
..there is nothing special in DHA to pay for such high price
..policies are rapidly changing
..old phases of DHA will rise only and not the new one,s
..plots of DHA are more in market than the buyers,it will go on increasing day by day,a time is near when u will see more than 50000 or more plot in market,do all have price of 1 crore or more,practcally not possible to digest,any how CMY may be in dreams
..its the false raise in price by different people to make the life in this country miserable for an ordinary man.
..lot of the message was sent to caution the lay-man
..i have enough plot in DHA with experience enough to discuss
..this is a discussion forum,every one has right to say for the betterment of all.
..CMY has really minded i donot why but my brother 'TRUTH IS ALWAYS BITTER",,for the bitter truth i do oplogise and in vite others to participate in this debate
..with due respect for all
..your ASHRAF KHAN
..

Biyana - Please Explain
I am an occasional visitor to this site and have passive real estate investment in Lahore. Since I am more of a buy & hold kind of person, I do not watch the market as closely. I am aware that it has gone up significantly and rapidly since early this year.

Off and on I read CMY and others talk about “Plots on Biyana” or “Biyana Plots” as being available in the market. I have read posts where folks talk derogatorily about dealers trading in such plots. Can some one shed more light on this side of business? Is it speculative buying by making a down payment and getting a month or more to make full payment or loose the down payment? Somewhat like Call Options on stock exchange. How does it really work? If property dealers themselves deal in this kind of speculative buying, does it not have the effect of rapid price increase, because anytime there is a genuine buyer in the market the dealers will steer them towards biyana plots they themselves have a financial interest in? And a genuine seller is squeezed out of the market. Your thoughts are appreciated.

Realtors, investors all geared up to boost property business
The real estate investors and dealers are flexing their muscles to fuel up the standstill property business in the metropolis after government formation in the country.

The holding of elections could not heat up the market's situation as the realtors and investors expected it but it is being hoped that with the formation of government, the real estate market will be active again.

Real estate analyst, Ovais Sohail, told Daily Times that the market had not taken bullish turn after elections but there were some positive buying activities witnessed in commercial side by corporate sectors. "The market will take a significant bounce in the next one or two months as strong sentiments prevail among investors' circles," he told and added "particularly the Real Estate Investment Trust (REIT) will attract big investors whenever their confidence boosts."

Mr Shoail, who is also Chief Operating Officer of Pak Real Estate, a local real estate research house, told that a number of foreign developers and construction companies have been waiting to enter in Pakistan's real estate market because of the high returns of as compared to other countries of the region except Dubai. He added that the majority of the foreign developers are interested to invest in Punjab, as they believed that the provincial government would be more stable there as compared to other provinces.

He mentioned the pace investment in Pakistan is continuing at Dubai's real estate market as the confidence of local investors is yet to be restored.

The property business has witnessed a prolong passiveness for last year as the prevailing political uncertainties coupled with law and order situation deteriorated in the country causing negative impact across the board in all investment-favorite posh societies of the major cities.

A retailer of Gulistan-e-Johar area, Syed Mabroor, said even transactions of the properties are very slow contributing to the decline in prices in some localities, now we (real estate agents and brokers) are closely observing the government formation and ready to play our game in the market. We have been advising the investors not to sell their property with low returns so they have also been waiting for resuming of trading activities. And when all the investors involve are re-active in the trading, the market will be skyrocketing, he added.

He said the transactions and values have been increased after elections and hoped that it will take more pace in the next month.

Vice President Real Estate and Construction's sub-committee, Federation of Pakistan Chambers of Commerce and Industry (FPPCI), Munir Sultan said that the local developers and constructors have been adopting wait-and-see policy since the holding of the elections but now they are all set to announce their residential and commercial projects.

He said that some developers had announced their housing projects and societies after elections but they are not getting positive response. He told that a big number of projects will start their booking activities in the next one or two months. As far as Gwadar real estate is concerned, the resident retailer, Saeed Baloch, told that the property's transaction has gripped the momentum since the commencement of Gwadar seaport. He added that the prices of the commercial and residential plots have increased sharply for the last one week.

But, some realtors are still very pessimistic about political and governing situation of the country, they said that the rift between elected assembly and President and movement to restore deposed judges are yet to be solved which may impact the real estate market.

Courtesy: Daily Times

REIT - Kya hai ye
lately i have been hearing alot about this, REIT, i know it stands for real estate investment trust, but what is this, i have never heard of it before what is it for.

thank you

Some interesting ponits open for debate

1- Why has the recent correction in global equities not affected Pakistan???

This is quite strange for me!!
This suggests that the Pakistani market stands "corrected" already and / or the international funds do not have a significant stake in the Pakistani market. The money in KSE appears to be more local.

2- The Pakistani property market is stagnent for the last three years - DHA values are sitting where they slid to after march 05 correction.

The Pakistani expatriates are sending 6 Billion of foreign exchange money every year. What assets this money is going into?

It was probably bank savings and KSE last year. Where will this go in 2008?

3- The Pakistani economy has no significant export / competitive advantage to speak of, unlike India, China, Brazil, Malaysia etc, so the stagnation of Pakistani exports is understandable.

The Pakistani ruppee has been supported by the strong inflows, declared and undeclared, from the war on terror money + the expatriates money.
Will "terror money" continue?

The large current and trade deficits suggest that Pakistani ruppee cannot hold up its exchange rate and is in for a slow decline.

If the ruppee were to stay stable, then converting foreign exchange in ruppee savings and getting 10% returns in rupees makes great sense. This is what has caused a boom for the banks for the last few years.
However, a correction in ruppee exchange rate makes the rupee fixed returns a risky proposition.

In short, among stocks, bond / savings and property, what makes sense for the Pakistani expatriate inside Pakistan???

Lets start a serious discussion!!

There is a lot of money in Pakistan. Upper middle class in Pakistan has better living standard than upper middle class in Europe and North America. Certainly better than most Pakistanis living abroad. If you doubt just look how expensive are cars here, how many cars owned by each family. How many BMWs you see in posh areas of Karachi, Lahore, Islamabad, Faisalabad, Gujranwala etc. And how many servants, maids, drivers etc. each household has at their disposal. You dont see that easy living in Europe and North America.

Anyone who come to this site has some property already or has interest in buying property. Only the potential buyers bash real estate so they can save some money on buying. They are acting like vulture or parasites. Bashing real estate investment for their small personal savings.

It is strongly recommended you complete your purchases in DHA asap.
If friends remember in past few months I requested them many times to hold investments in DHA if they could do hold till Nov 15 2007 to safe on down side . ( If they had to buy or wanted to buy If they were traveling to Pakistan it was ok to buy at your visit to Pakistan).

I strongly believe worst is behind us and its time for a good slow solid recovery after 2.75 years of fall in prices that started in Mar 2005.

If you are seller holding your sales till Feb will give you more gains. If you are buyer you should immediately complete your purchases and have property transfered to your name right away to be safe. Looking to save few thousands here and there could cost you few lacs more in matter of weeks.


Ch Mujahid Yasin ( CMY )
0300-400 9967
0322-400 9967

Malik Riaz Hussain (CEO Bahria Town) is appearing on GEO TV today
Dear All,
Salaam,
GEO TV is presenting Malik Riaz Hussain interview in its program EIK DIN GEO KAY SATH tonight at about 10 PM.
He is supposed to discuss his future plans and his working strategy etc.
Thanks.

Gold reached highest value (since last one year) USD 711 per Oz
Gold reached highest value (since last one year) USD 711 per Oz

Good opportunity for investment for small investors

Allah Hafiz

I am very glad that Br. Jamshaid has been saved from a 'great loss' by Br. Salman A Khan’s undisclosed reasons of massacre of files and immunity of plots (if ph 7 has plots at all). He sure has supreme convincing power. And I respect him for his contributions here.

I admit the defeat of my faulty logic, and will not drag this further (i.e. will avoid further posts on this topic), despite the fact that I feel convinced about the following points:

1. I see DHA Ph 7 'plot' as a HIGH RISK, LOW REWARD file (a DHA promise to deliver a plot in future) WITH a map, and a plot number pointing to a location on that map.

2. Practically, your plot is something you can stand on and have possession of, to make home.

3. A DHA ph 7 plot is nothing more than a relatively matured but more expensive file in the worst-located phase in entire DHA Master Plan (VERY SORRY if anyone feels bad by these words, but the facts cannot be changed, and the locations cannot be moved.)

4. I feel (may be, I am wrong in thinking that) that Mr. Salman A. Khan for some reason seems unfairly biased towards ph 7. (He seldom shares any fact or insider info which may prove negative about ph 7, although it is hard to believe that he only hears positive news about ph 7 from his insider sources, and only bad news about files). If that is the case, I humbly request Mr. Salman A. Khan sahib to be more fair, and not look at things through certain preset colored glasses, for the sake of fairness. NOT EVERY THING IS GREEN ABOUT PH 7, AND NOT EVERYTHING IS RED ABOUT FILES.

5. I also feel (again, I may be wrong) that he found it hard to counter-argue my couple of posts (9/10 Vs ph 7), in a constructive sense, and the best he came up with was the scare-tactic about the files. And reality is nothing more than that. The reason I feel so is he only recently admitted owning a ph 8 file. May be he has sold it now. But if he still owns it, it is unfair to tell others files are bad. I also don’t think that there is any drastically bad news that he can share. Otherwise he would send that to emails of people requesting it, to let them assess. If he sends anything to those emails, the recipients are requested to share the core here at least briefly, in a presentable way, to communicate the basic concern.

6. It’s a fact that Mr. Salman A Khan, never favoured files much, but before he had different reasons for that. I myself value his arguments greatly BUT based on my research about the “Individual Worths of DHA Phases”, I feel DHA files at current prices are no-doubt extremely good, LOW RISK, HIGH REWARD LONG-TERM investments compared with plots (or so called plots of ph 7). Ph 8 files are very good investment, but 9/10 files are better due to very low risk of loss involved in worst case, and excellent percentage wise reward in best case. Reasons are discussed in great detail in the two previous posts.

7. Anyway it’s up to the people to decide. We are human beings and can be wrong. But there is nothing wrong with trying to know more, and sharing what we know.

RE: POST # 33456
Development charges are just one factor. Don’t get carried away with that. Read point # 7 again. The development charges are factored in there. You have mentioned 12 lacs. Even with 15 lacs development charges ph 9/10 will give significantly better returns than ph 7 plot IN THE LONG RUN. You cannot factor in FUTURE dev. charges TODAY.

1. Development charges will be applicable after ph 9/10 ballot. There is at least 4 to 5 years gap between development charges imposition of ph 7 and ph 9/10.

2. The longer this time gap the greater the difference in development charges, but at the same time lesser the average investment involved over a period of time. Dev. charges money will remain stuck in ph 7 plot 4 to 5 years more than ph 9/10, and in the long run due to fundamental advantages of ph 9/10 over ph 7 discussed above, ph 9/10 will prove to be much better return on average investment involved over that time-period as explained in point 7.

3. Again, the thing to understand here is: the longer the time-span between ph 7 and 9/10 dev charges imposition the smaller the average investment involved (favours 9/10). And the other scenario, the shorter the time-span between ph 7 and 9/10 dev charges imposition, the smaller the amount of 9/10 dev charges (ironically, again favours 9/10 due to quicker delivery of plots and lower amount of charges).

4. Another important thing to understand here is 9/10 will automatically become more and more attractive buy as plots in other phases improve in price as described in point # 6 of the referred post. Suppose you buy phase 7 plot today and in 2 years its price increase by 20%. Ph 9/10 being smaller amount and relatively low risk involved will increase at better acceleration or percentage. The amount of increase in lacs may be less than ph 7 but percentage of increase will be much more than ph 7. The longer the term, the better the returns for ph 9/10 compared with ph 7. As explained in prev post, against a hundred percent increase in DHA 7 price over 5 to 7 years, 9/10 investment at 17 lacs today will yield more than two hundred percent return on average investment involved during this 5 to 7 years time-span after deducting very high amount of development charge, assuming all dev charges paid by then and also assuming 9/10 will still be well behind ph 7 by 15 lacs. These assumptions are very conservative and reflect worst case scenerios over long-term comparions of ph 7 and 9/10 giving all benefit of doubt to ph 7.

5. Basically what I am trying to convey to plot-lovers is: the more plot prices grow in any of DHA phases there will be better and automatic percentage wise return over average investment involved in ph 9/10 over that same period of time. We are not discussing months here. This analysis is only applicable for medium to long term investment. Over very small period of time (few months to a year), it is possible but very unlikely that ph 7 plot will give better percentage wise return than ph 9/10. But the longer the period the better the %age returns in ph 9/10 compared with ph 7. THE TIME FACTOR and RETURN ON AVERAGE INVESTMENT INVOLVED are the key-words here.

BOTTOM LINE: Ph 7 Plot may win the SPRINT, but 9/10 will win the MARATHON. The analysis is not for SPRINT. It’s for MARATHON. (BTW, it is very likely 9/10 will win the SPRINT too but MARATHON is almost certain.)

P.S. 1: History of real estate investment tells us that best returns are made on well-researched LONG-TERM investments in cheap/underpriced instruments (e.g. raw land, DHA files, etc. – btw, DHA files are more secure than non-DHA plots due to Qabza and Fraud risks in non-DHA plots); and NOT IN poorly researched/SHORT-TERM investments in already saturated market of developed or soon to be developed PLOTS. Developed plots have already gained well and are meant to make homes with less room of further gains. But that is a whole different chapter. This analysis is for LONG TERM investment purpose only. It’s better to make good well-research long-term investment and then sleep over it not worrying about market volatility. OR you an exhaust yourself with short-term trading and get screwed by market volatility and overhead cost of frequent buy/sells. Choice is yours.

P.S. 2: Everybody has the right to disagree. BUT keep in mind, I am convinced about the above analysis and in previous post, based on my thorough research. If you believe otherwise based on your research CONVINCE ME OTHERWISE using logic, facts and figures. I would appreciate serious experts' detailed views ONLY, and will ignore any superficial statements, and all comments from non-serious people. The purpose of this website is to learn from each other by initiating and participating in useful discussions.

DHA phase 9/10 is much better than ph 7 for investment purpose. To explain why, here is a comparison of ph 7 and ph 9/10 (in reply to Shahjee’s question):

1. DHA ph 9/10 is safest among DHA with lowest risk of loss on investment. An investor’s first consideration should always be to prevent or limit the loss in worst case scenario.

2. The buying and selling price difference is negligible in case of files. If you buy a plot chances are you may be over-paying for a location and better deals may have been missed out for similar locations. Files on the other hand are much more liquid (easy and quick to buy and sell) at fair market rates which vary only by a few thousand across the board, at a given time.

3. There is a huge psychological advantage of ph 9/10 which is it’s easiest among whole of DHA to fit in investors budgets who have lowest DHA standard buying power. Moreover people with higher budgets can use this investment instrument to better diversify their long-term portfolios. DHA 9/10 files can also be used for hedging or limiting risk by REITs real estate investment strategists.

4. In long-term perspective, DHA ph 9/10 has exceptionally better location than DHA ph 7. It is closer to recently widened Ferozepur road, and rest of new city like DHA 1 to 4, Modle town, Liberty, Johar Town, Iqbal Town etc. On the other hand DHA ph 7 goes towards BRB canal. And this phase is worst located among all DHA phases announced so far.

5. DHA ph 9/10 will give you more percentage wise return on investment in the long term than any of DHA plots not just ph 7. For example in 5 years a DHA ph 5 plot at 1 crore will give a return of only 15 percent (at best) to go to 1 crore 15 lacs. A ph 6 plot at 65 will give a 30% return to go to 85. And ph 7 plot at 40 lacs today will give a return of 50% to go to 60 lacs. Whereas ph 9/10 file at 17 has a potential of giving 100 to 200% return by going between 35 and 50 lacs in five years.

6. If you like other phases of DHA based on your research. And think that a particular phase will go up more than other phases. For example if you like ph 7 or ph 8 and think that prices in those phases will go up. And even if you are corret, DHA 9/10 will automatically increase as a side-effect in comparison. Its very likely to happen that as the prices of plots in earlier phases rise, lower-costing ph 9/10 will become more and more attractive and will more likely fit the budget of most potential buyers wishing to invest in DHA but unable to buy high-cost plots.

7. Say you buy a plot in ph 7 at 40 lacs today thinking it will give you best returns in five years and it will go to 80 lacs in 5 to 7 years time. Or may be you bought ph 7 allocation at peak price of more than 70 lacs and now holding a plot worth 40 lacs which includes development charges. Your net cost of plot is 79 lacs and you hope that in coming 5 to 7 years you will recover your loss at some point it will go back to 80 Lacs. WHAT DO YOU THINK PRICE OF DHA PH 9/10 WILL BE AT THAT TIME WHEN PHASE 7 RECOVERS YOUR LOSS AND GOES TO EIGTHY AGAIN (Or 79 = 70+9). It would be unwise to think that Ph 9/10 will remain sitting at 17. When your DHA 7 plot will be at 80 recovering your loss, ph 9/10 will be very close behind in worst case and ahead in best case in 7 to 10 years time-frame (with better than ph 7 %age return in 4-5 year time too as you have asked about that time frame of 4-5 years). So now calculate the percentage of return from 17 Lacs. Even if DHA 9/10 is at 65 Lacs when DHA 7 plot of 40 lacs doubles to 80. The return on your initial investment of 17 lacs after excluding 10 to 12 or even 15 lacs dev charges will be more than two hundred percent. Basically you should understand that even in worst case scenarios ph 9/10s %age return will still be more than ph 7 plot, in the given time-frame of 4 to 5 years. In best case scenarios the returns of ph 9/10 will be more than double the return of a ph 7 plot.

8. The actual size of DHA ph 9/10 is less than half of ph 6/7. This is a fact which is not commonly known yet. You have to see in Satellite images that there is very small area left after State Life ph 1 & 2, Formanites ph 1 & 2 and other societies like Anmol, GTS etc.

9. Compared with ph 7, Ph 9/10 is closer to already well populated DHA ph 1 to 4. Moreover, many plots of ph 9/10 will be closer to ph 5 too, when comparing distance with phase 7’s remotest blocks.

10. THE ONLY ADVANTAGE ph 7 has is it’s possession will be before DHA ph 9/10 but that early possession will be PRACTICALLY USELESS FOR MOST owners as there are two unpopulated phases 6 and 8 that have to be populated before DHA ph 7 can get populated. So possession will be given for ph 7 but will not be used by most owners as first homes will be made in ph 8 and ph 6, and after that in ph 7. By the time ph 7’s turn will come in full swing, phase 9/10 will be ready too, and will certainly be preferred over ph 7 due to ph 9/10’s better location, newer town-planning and most modern development with latest features, amenities and IMPROVEMENTS over the older phases.

11. In the long run ph 9/10 being closer to populated phases 1 to 4 and many other populated housing schemes will get inhabited more quickly than DHA ph 7, and thereby, in five to ten years time average ph 9/10 plot will likely be much more expensive than average DHA 7 plot.

12. So, the conclusion is you should chose ph 7 plot only if you want to make home in coming 3 to 4 years (but it will likely be in a largely deserted phase because of ph 8 and 6 being ahead of it with better locations). Otherwise, for long-term investment purpose DHA PH 9/10 IS CLEARLY THE WINNER. REASON: In the worst case you will not lose much, and in the best case you will get best returns on your investment. This is called LOW RISK HIGH REWARD investment.

dear cmy and salman A khan sir pl give some advise i have plot in dha 7 in w block i bought it at 62 lac in 2005 now what can i do how much i wait to cover my money waiting for reply thank u sir

What are Real Estate Investment Trusts? Here is some info
SECP finalises draft to bring in REITs as alternative asset class

ISLAMABAD (July 27 2007): Pakistan corporate regulator plans to introduce a specialised mutual fund to help regulate the real estate business by bringing it under the umbrella of stock trading, said a top official. The Securities and Exchange Commission of Pakistan (SECP) has decided to bring in the Real Estate Investment Trusts (REITs) as an alternative asset class in the country.

The REITs is a specialised mutual fund that sells like a stock and primarily invests in the real estate. It is usually a company that offers common shares to the public. A REIT stock is similar to any other one that represents ownership in an operating business.

A mutual fund is a form of collective investments that pools money from many investors in stocks, bonds, short-term money market instruments, and/or other securities. Salman Ali Shaikh, the commissioner at the specialised companies division of the SECP, told Business Recorder on Thursday that a draft to introduce such a regulation has been finalised.

The commission, he said, has now publicised the proposed parameters to seek public opinion. "We have placed it on the web site and (we) will start writing about 100 letters to concerned individuals and organisations to improve the draft," Shaikh added.

The SECP will then finalise and formally introduce the regulation within 30 days. The reasonable input from the public as well as experts will be incorporated in the draft. The SECP will initially introduce the REITs in three major cities - Islamabad, Karachi and Lahore. Other towns will then be included gradually. Potential investors will have to buy land for floating the REIT fund.

According to a document Shaikh provided to this writer, the REIT Regulations, 2007 will help increase the inflows of foreign direct investment (FDI) into Pakistan. The foreign investors are at the moment reluctant to enter the unstructured market especially where real estate scandals have caused mistrust. Experts believe it will also discourage the sale and purchase of land only on papers. The document says domestic investors will follow a structured route under the REITs framework.

The combination of an equity security and real estate will offer an alternative asset class to investors. Shaikh said amendments made in the 1984 Company Ordinance through the Finance Bill, 2007 empowered the SECP to make such regulations under its regulatory jurisdiction.

Pakistan, Ali claimed, would become the first country to introduce the stock trading of real estate businesses among the so-called emerging economies. At the moment, this system is in place only in the United Stated, Europe and parts of Asia. Rapidly growing economies like India, Vietnam and Philippines still lack such a law.

http://www.brecorder.com/index.php?id=597123

 *** Updated: Saturday, July 7, 2007 4:30 PM  ***

LRE Market Pulse ( Rates You Can Trust )

•   DHA Lahore Phase 5 Ext:   Buyer(s) at 31.75  Seller(s) at 32.25 Lacs 

•   DHA Lahore Phase 8 Allocation:   Buyer(s) at 41.90   Seller(s) at 42.40 Lacs 

•   DHA Lahore Phase 9/10 Allocation:   Buyer(s) at 17.30  Seller(s) at 17.55 Lacs 

•   State Life Phase 2 Proper, 8-Paid, 1-Kanal:   Buyer(s) at 12.65  Seller(s) at 12.75 Lacs 

•   State Life Phase 2 Membership, 6-Paid, 1-Kanal:   Buyer(s) at 9.65  Seller(s) at 9.75 Lacs 

•   Bahria Town Phase 9, 3-Paid, 10-Marla:   Buyer(s) at 1.70   Seller(s) at 1.73 Lacs 

•   Bahria Town Phase 9, 2-Paid, 10-Marla:   Buyer(s) at 1.20  Seller(s) at 1.23 Lacs 

For less frequently changed rates in other housing societies/cities please visit:

 

LRE Property Prices Snapshot @  http://www.LahoreProperty.com

 

Rates You Can Trust Data Provided By Lahore Real Estate.

 

 *** To Buy/Sell Plots & Files in DHA Lahore, please Call (+92-42-) 111-111-040, or Email: LRE786@GMail.com  ***

 

Property prices will start rising
Yesterday at 2 pm a terrorist attack occurred on Glasgow airport Scotland. A few days’ earlier two bombs were found in cars in central London. So it looks like a lot of people in England and Scotland will have more trouble and get harassed by the police and other racist people so I think they will want to move back or at least move there money to Pakistan just in case and real-estate is the only safe bet.

Currency 1 year return 5 year return

Canadian Dollar 6.6% 46%
Australian Dollar 16.3% 50.6%
Euro 7.2% 39%
US Dollar 1% 1%
New Zealand Dollar 29% 61.5%
Brazilian Rial 15.5% 52%
Indian Rupee 14% 21%
Russian Ruble 5.8% 23.7%
Thai Baht 21.6% 33%
Chinease Yuan 6.1% 10.3%
Malaysian Ringget 6.7% 11.5%
Swiss Franc 2.9% 20.25%

Above returns are for the last one and five years in Pakistani currency.

Interesting to see the Newzealand dollar, australian dollar, the thai baht and even the Indian Ruppee performing so well.

This points to free float of the currency + strong performance of the economy + good management by the government and central banks (even Thailand!!)

we seem to be tied to the tail coat of the americans. and their currency is not going anywhere - which means we are depreciating versus major economies.

I posted these returns to suggest that investing in currencies is also a viable option as compared to real estate.

more on commodity prices later,
jnz

Safari Villas Lahore – A Living Experience (Part 4)
It is now almost a year when my family shifted in Safari Villas Lahore. There were always many positive additions here which kept on providing sense of great feeling to witness the development. A wonderful development, road networks, over security, parks, beautiful mosque, mini zoo, market, shops, restaurants, transport services, school, hospital, kids playing area and electricity availability round the clock. There are other good additions in the area and a PERMANENT CHANGE and constant improvement makes the Safari Villas enjoyable.

There are some new developments in Bahria Town Lahore which are also directly related to Safari Villas which I wanted to share with you.

1. The Meadows enhances the beauty of Bahria Town Lahore. There are worth visiting sites in the Meadows project which are in final stages.
2. Bahria Town School Lahore has been affiliated with Cambridge for its O level and A Level exams. Besides this it has affiliation with Agha Khan Board for Matric. The quality of education in School is satisfactory and fees structure is very much on low side. As per school's Principal Ms. Naghmana Ambreen, the fees are very much subsidized. Pick and drop for Safari residents is free.
3. New restaurants has been started. Yummy 36 is now serving better along with its Ice Cream Parlor and restaurant. De Olive Green has vast open area as it is situated in Shaheen Park.
4. Sham-e-Ghazal, Jashn-e-Baharan and Youm-e-Azadi March etc are the events which were arranged during last few months.
5. A very beautiful mosque is now completed. Juma prayer, Eid Namaz and Taraveeh can be offered in Safari Villas.
6. Bahria Town Management has started yearly white wash and coloring of all the villas without charging any thing from the owners.
7. Bahria Town Management has taken its responsibility to remove the problems in the making and construction. Almost every tile of my villas has been replaced. All the faults were considered by Bahria Town and they accept as their responsibility.
8. Movie Theater, Community Hall is under construction. Its speed of construction shows that these will be ready within next month.
A contract with AFC has been made and they are supposed to open their branch within next month.
9. AFC has a plan to have a general Store or Mart type of shop along with their Fried Chicken.
10. As Sui Gas bills were not accepted by PICIC bank so Bahria Town office is taking the responsibility of depositing these bills.
11. Hospital has more facilities as Specialists / Consultants are available in their clinics (within the hospital) from 8 AM to 4 PM. Emergency is function on 24 hours basis. Unfortunately we needed hospital facilities – both consultancy as well as Emergency – and we found it very professional and economical.


I do want to share with you my disappointments with Bahria Town.

1. They have almost stopped their completion work in Safari Villas as well as in Sector C. It seems that their work force as well as machinery remained busy either in The Meadows or in their project on Raiwind Road.
2. Though they take full responsibility of removing their construction faults but they are not quick in this regard. Their customer service for solving daily problems is VERY prompt and professional. It does happen that their team reaches on spot before returning of the complaint to his/her villa.
3. They are not able to provide PTCL phone lines to all the villas. Though they have provided V Wireless phones but many people are not comfortable with it due to its limitation (Mainly it does not have extension option).
4. Cable network in NOT under control of Bahria Management so their service is not upto the mark.
5. Internet Services are not yet provided by Bahria Town.
6. Life is NOT enjoyable in Safari Villas NOWADAYS due to too much electricity shut down. Bahia Town has totally FAILED in providing this facility during last three days. Their rates for electricity unit are on higher side and their service in this regard is pathetic.
Thanks for your time.