Lahore Real Estate Forum

Start NEW Topic Or Post Advertisment

                                                          
 
Back to Forum |

Lahore Rea lEstate ,

(109378)
   Rehan Naeem
Thursday, May 4, 2017 04:39 PM 
Reply: >
Dear CMY LRE Team
Kindly update the market of dha phase 7 and its upcoming trend direction.
Best regards
Rehan Naeem
Jameel Mughal® replied on Thursday, May 4, 2017 05:15 PM 

DHA 7 is Good Choice in making Home and only place where you still can get Reasonable Kanal plot in 1.30 Cror. Already 200 Houses are under construction If market remain slow even then price will slowly creep up after another 500 Houses will reach about 1.60 Average So you can say in 1.5 years 30 Lac gain is expected in an average plot . In that time DHA phase 6 and 8 will show lesser gain.
If market spikes gain in that period what we saw in 2015 then situation will be different and more gain is expected, So minimum 30 lac gain in in 1.5 to 2 years.
Rule of thumb is if market is slow go for mature products and if Market is fast then go for futuristic investments and exit before slow down.
Mature Properties are "Bonds" of real estate and Files etc are stock of real estate market
Ovais replied on Thursday, May 4, 2017 06:12 PM 

Good to see Mr. Jameel Mughal back in action.. Welcome back sir
PRISM replied on Thursday, May 4, 2017 07:05 PM 

Jameel saab your prism assessment so far is not coming up as you told. Prism prices are increasing in this slow market and have touched 150ish lacs top. I will here say CMY has so far predicted most accurately and consistently the PRISM future.

You at one point said last year " PRISM will eat its installments and price will be struck" and on the contrary prices have increased more then last year range.

CMY thank you once again for guiding us for PRISM if purpose is not to make home immediately.
Abdullah replied on Thursday, May 4, 2017 07:51 PM 

Please keep us enlightened by your words. Thanks jameel sir.
Prism replied on Thursday, May 4, 2017 11:40 PM 

I know some people's CROW WILL BE ALWAYS WHITE.

I am talking about since last year PRISM bashers have been humbled but no they will keep on talking about FUTURE events.

Anyways carry on with your self fulfilling prophecy

CMY Saab thanks again for guiding us and I salute you as your all predictions for PRISM were correct regarding PRISM is the future. Inshallah
Surfer® replied on Friday, May 5, 2017 06:53 AM 

PRISM has perfomed so good so far there is no need to prove what upcommings are included in this Excellent Package "already explained so many times". I hope CMY explained a lot on google map illustration regarding Prism those who have some knowledge will hopefully act accordingly.
"In shaa ALLAH" PRISM will consistently prove in Future as in past.
Jameel Mughal® replied on Friday, May 5, 2017 07:19 AM 

Prism is another phase 8 where people believe like religion. Prism is stagnant at moment if you talk of an average plot. Spiked prices have flattened I am closely watching 5 merla the price of 44 at prime location hence come down to 41 in J Block upper cutting that too including 4,5 paid A Fall of about 6 lac, means 12 to 14 % fall, so to me again this Location will be good for investment again I am not sure about Kanal may be it holding.
In last visit to DHA Office one month back there was Long queue of cars for entry, so i Parked outside and preferred to go walking inside office. Means Business usual has started. So there are some buyers mostly end users.

Price may not come down as I predicted but will remain stagnant.
The price fall is caused by two type of people one Land Owners and other officials who get land in "Lottery" this was a factor of down fall of Phase 7 from 60 to 30 in 2008 to 2009, End users are resilient and they keep holding till inflation adjusted price crosses the value they are holding.

I thank LRE for opening my account
IM786® replied on Friday, May 5, 2017 08:38 AM 

Jameel Mughal sb nice to see you back and sorry to know that ur account was blocked. Although Prism performed against ur prediction but we would like to see ur comments on dha lahore phases and other dhas outside lahore.
Request to CMY please dont block Jameel Muhal sb. We respect his views.
Asif replied on Friday, May 5, 2017 10:20 AM 

Good to see you back Jameel Mughel sb,
hope to see some life in the forum again.. apart from evaluations.
shan replied on Friday, May 5, 2017 10:21 AM 

Nice to see you Jameel bhai

Can you please guide which option will be best for investment from dha bahwalpur / multan or gujranwala. bahwalpur price is less and in progress ahead and i feel its better.

Kindly advise.
Jameel Mughal® replied on Friday, May 5, 2017 11:12 AM 

I Favor DHA Multan than Bahawalpur, and Gujranwala is in between, reason is that Location, However If I ould have some connection with this area then I will go for that for long term investment. 3 Plus in Bahawapur are Low price, more advanced stage and transfer possible in Lahore.

I Hope Multan will not disappoint the investors like DHA peshawar, Many people may not know that it has been DHA history to Give map and Location of your plot in Ballot this have happened 100 times. This was a normal predictable practice. Now Only DHA peshawar did strange thing and after ballot no map or location was given rather only intimation that we will give you a plot somewhere, just like an Allocation letter. It clearly means that still DHA peshawar does not have Land in Hand to project a decent map and even after ballot still you are holding a file. If same thing is played again in Multan then it will be big set back to the reputation of DHA as whole.
Pls read last para carefully an important point is elaborated
Surfer® replied on Friday, May 5, 2017 04:47 PM 

Jameel bhai welcome Good to see you back on Forum.
I hope Ahmet kilder sb, Kureshi bhai, Hassan, Awan sb. & others will be join again soon so that their should be good healthy disscussions.
Rashid replied on Friday, May 5, 2017 06:32 PM 

Please shed some light on dha Gujranwala?
Is it launched or not yet?
At what stage it is?
Why its prices is so high/keep increasing or there chances in its prices drop in future?
Thanks
>