Lahore Real Estate Forum

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(48)
Monday, June 20, 2016 10:10 PM PST 
DHA Phase 7 - X block map update

DHA phase 7 X block map has been updated and available on DHA website.

The unplanned area in phase 7 close to 2 kanal cutting has now been plotted.
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(46)
Monday, May 30, 2016 07:13 PM PST 
DHA Phase 7 - 2 Kanal Plots

Dear Experts,

I got a chance to listen to CMY's recent audio to explain market situation and dynamics where he started with focus of on DHA phase 7 and the risky blocks vs the non risky ones with considerable potential.

One thing he mentioned during this audio which he described as a hidden gem were 2 kanal plots in DHA Phase 7 within U, X and Y block. The prices are about 230 to 250 lacs which is about the price of a one kanal plot in DHA phase 8.

I am wondering if to build a house, this could be a good option in the next 2-3 years. Distance wise, it is approximately 8 minutes drive from the airport to Phase 7 X and Y block 2 kanal plots and hardly 2 minutes from the golf course of DHA phase 6. Personally, I do agree that this could be a very high end community of 2 kanal homes because there are lots of 2 kanal plots in U, X and Y blocks with direct approach from phase 6 and very peaceful and calm spot.

I was wondering what your thoughts are and if you consider this as a good proposition. I am also thinking of relocating a one kanal plot I have in Phase 6 for house construction in F block and getting a proper 2 kanal plot in Phase 7 to built a home in next 3 to 4 years max.

:h

HassanHC® replied on Monday, May 30, 2016 08:59 PM PST 

For home construction I think very good idea specially if you can wait 3 -4 years. Investment point also not bad as for 2 kanal budget this might be the only good option in DHA as of now.

Mustafa replied on Tuesday, May 31, 2016 03:50 AM PST 

Perfect investment for making a house. You can build on half plot and turn the remaining half into a garden and sell that peice at a good price in 5-10 years. That way you get to enjoy your property while experiencing good profits on it. Offcourse, if you need a bigger house you can always keep it all.
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(45)
Saturday, May 28, 2016 08:22 PM PST 
Question

Hi All,

Sorry for non property relevant question.
I need to know that what is the Legal way to Transfer money from Pakistan to Saudi arabia
Please share your expereince

Thanks

Rizvi

Kam replied on Saturday, May 28, 2016 09:35 PM PST 

Western union

AHMAD HASSAN® replied on Saturday, May 28, 2016 09:43 PM PST 

WU will be very expensive way. Open a forign currency account in any Pakistan bank. Buy currency from open market and credit into your account. Some banks demands to keep cash for 30 days and some don't. You need to visit branch with all details of Saudi Bank account. Per transaction charges are RS. 1500. Banking currency rate will be applied. As per my calculations it will cost you arround 2.5% but WU or moneygram will cost you 4 to 5%. Another way is ATM if cash isn't much. It will also cost you 2.5% but there will be daily limit.

MIT® replied on Sunday, May 29, 2016 01:00 AM PST 

So you mean, by using any above channel, there is NO LIMIT whatsoever nor any legal permission required from any State Authority. Can you gentlemen clarify please.

Raza Rizvi replied on Sunday, May 29, 2016 01:08 AM PST 

Rizvi sb. Go to UBL bank in KSA and transfer from their at better rate than any other way in KSA.
Regards
Rizvi ☺

AHMAD HASSAN® replied on Sunday, May 29, 2016 01:09 AM PST 

There is daily or monthly limitation, only bank can clarify this. But state bank will accepts transaction if executes before 11 a.m. daily. If one will be late then one needs to visit next day before 11 a.m.

MMM replied on Sunday, May 29, 2016 02:04 AM PST 

@Ch.Taj, Before giving your "best option" read and re-re-read to understand the very QUESTION in this post first, and then provide your 'valuable' advice please.

MMM replied on Sunday, May 29, 2016 02:18 AM PST 

@Ch.Taj, Before giving your "best option" read and re-re-read to understand the very QUESTION in this post first, and then provide your 'valuable' advice please.

SubCon replied on Sunday, May 29, 2016 02:52 AM PST 

@MMM - Hahah!! Those inverted commas ;)

Adnan replied on Sunday, May 29, 2016 04:13 AM PST 

you can try dollareast (Telegraphic transfer ) or other dealers like this.

http://dollareast.com/telegraphic-transfer-swift-transfer

Through banks (swift transfer), procedure is also not difficult, you do not need a foreign currency account. They will use your PKR account and apply exchange rate of current date. Simple

Adeel replied on Sunday, May 29, 2016 07:50 AM PST 

If you ask sharif family, then can guide you best as they have good experience.

SA® replied on Sunday, May 29, 2016 07:57 AM PST 

I am amazed how ignorant people are about REMITTANCES and LEGAL WHITE MONEY IN PAKISTAN. I have lived in Saudi Arabia for 10 years and still visit on and off.

99% of people in Saudi don’t have a clue how to handle their money in PAKISTAN. ( legally )

Most of the people in Saudi send money to Pakistan to support their families though WU, Banks or any other channel. These people don’t need any remittance records as the money is spent on necessities.

But Investors who want to invest in Pakistan need to maintain proper Record in Pakistan for their REMITTANCE to be declared " WHITE MONEY "

let me give you few examples where your HARD EARNED HALAL money is considered black in PAKISTAN.

1. You are travelling to Pakistan and greed comes over you. You put 1 lac Riyals in your laptop Bag and bring the money to Pakistan, convert the money through money changers and buy a plot or put in your bank. ( People do this thinking that their money is HALAL so no one will question them ). PAKISTAN CONSIDERS THIS MONEY BLACK.

2. You transfer your money into your XYZ relatives account and you pay from his account.

3. You send Dollars to your USD account in PAKISTAN , Invite money changers in the bank, convert your cash in PKR and deposit back into your account. ( PAKISTAN CONSIDERS THIS BLACK MONEY )

these are just few examples which people do with their money. there are many more.


NOW LETS COME TO THE POINT , HOW CAN YOU DECLARE YOUR MONEY WHITE OFFICIALLY RECOGNIZED BY PAKISTAN AND FBR.

1. Open a bank Account in PKR in PAKISTAN. I USE UBL because SABB uses UBL as their remittance partner in PAKISTAN. YOU need to know which bank is in partnership with your Saudi Bank.

2. SIMPLY USE AL RAJHI to transfer your money or use your online SABB account to transfer money to UBL. If you are sending money through SABB to UBL account, the money will be deposited within 3 days with all the details of your transaction. If you use SABB to transfer money into any other bank, it will reach UBL KARACHI and then UBL KARACHI will issue a LOCAL PO which will be deposited into the bank which you have mentioned. ( NO record of remittance will be shown )

Note: Rajhi mostly uses HBL to process remittances.


3. When you receive money in PAKISTAN, You should have TT number or reference number with you, Along with scanned copy of Saudi bank voucher or money changer voucher. Go to your UBL branch and ask them to ISSUE " PRC" against your remittances. Your branch will make an application and you will sign it , they will scan it and send to the concerned department over email. After few days or even weeks with continuous follow ups eventually your PRC will arrive and you can collect it.

THIS PRC IS ONLY THING WHICH IS ACCEPTABLE and FBR ACKNOWLEDGES as FOREIGN REMITTANCES.

I have explained small details about UBL. procedure varies between different banks. BUT Keep in mind you need PRC certificate to legalize your money.

Lastly do not send money in USD in Pakistan. Because if you change USD to PKR from bank itself you will loose lots of money as their exchange rate is very poor ( they make lots of money by converting into PKR ) and the only way to get PRC from bank for USD is if you use banks services. if you withdraw USD and use local money changer , NO one will issue PRC and FBR or the GOVT. of PAKISTAN will not recognize your remittances as legal.

ALL this is for people who are investing in Pakistan. Money which is being used for necessities do not need to go through all this procedure.

ONE LAST THING

Overseas people who want to avoid paying 0.6% WHT on their bank transaction must file their income tax on yearly basis.( HIRE A LAWYER WHO WILL DO ALL THIS ON YOUR BEHALF FOR A VERY SMALL FEE of around 10-15 thousand ) As soon as you file your return you will be automatically updated as " FILER" STATUS and no WHT will be applicable on you when you buy a property, CAR, CASH withdrawals, BANK transfers etc. etc. All the money which you are sending to Pakistan is exempted income. There is no income tax on your foreign income which you are sending to Pakistan. All overseas will declare their income as foreign remittances and declare their assets. You will return a NILL income tax return with all your assets and money LEGAL.

I request all overseas to go through these procedures again and again as i myself have gone through all of this ( I learned it the hard way with no one to guide me) so i want other people to benefit. These are just simple steps with no extra money involved, just some paper work and all your money and assets will be legal.

I am willing to give answers to all of your questions which will help you legalize your money in Pakistan. Please forgive me if I am wrong some where. Whatever I have written is a personal experience and may vary from one individual to another.
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(44)
Sunday, May 22, 2016 10:06 PM PST 
Help required

Dear Admin,

This is non property question please allow it to be there for some time.

Actually I want suggestion from friends about immigration.

Which place is better Australia or canada.

I have both PRs now need to decide where to go

Kabooter replied on Sunday, May 22, 2016 10:36 PM PST 

It depends on your profession. Each country has its own pros and cons and you should choose a country on the basis of professional prospects. Alternatively ask Iqra which PR he/she wants, the choice problem will automatically be solved :).

Iqra replied on Sunday, May 22, 2016 11:02 PM PST 

will go with Aussie for sure

Darwaish® replied on Monday, May 23, 2016 12:50 AM PST 

I will tell you a short story of my own. I was travelling from Heathrow to Toronto. The purpose this time was to land as immigrant to Canada. Seat next to me was occupied by a middle aged British lady. We started talking. To cut story short, she asked me the purpose of my travel to Toronto and I told her I am going for landing as an immigrant to Canada. I asked her the same question you have posed since I had the option to immigrate to Australia. The lady told me there is a basic difference in people's attitudes between Canada and Australia. Original white Canadians are mostly of Irish descent while Australians are Brits. She said the Irish origin people are decent, more polite and accommodative as compared to Brits.She happened to be English as well. And she told me that I have made a right choice.I had the advantage of going to Canada since I was educated there and had lived as a student for many years and therefore knew the country.
But I must tell you that was the time when Imran Khan had married Jamiama. Now many years have passed. Australians are getting better in their attitudes and are more receptive now. Weather wise Australia is better. My suggestion would be to visit both the countries and check with the friends and relatives who are living there. Australia also feels closer to Pakistan.

Kam replied on Monday, May 23, 2016 01:56 AM PST 

East and the west. Pakistan is the best.
I àm living in KSA. I am trying hard to quite from here.and move to pakistan.

Irfan292 replied on Monday, May 23, 2016 02:09 AM PST 

If you have got both PRs, you must be an educated and qualified person probably well set in your profession.
For anyone who is well set locally, there is no place on earth like your homeland. This is not just an emotional statement, it is based on facts.

MIT® replied on Monday, May 23, 2016 02:21 AM PST 

Though I myself live in USA, but I agree first with Irfan292 & Kam and then with Darwaish as well.

Jameel Mughal® replied on Monday, May 23, 2016 02:24 AM PST 

Australia is better in climate there is prejudice and hate crimes, economy is slow immigration is not flexible like in Canada you go for it if you really think you will move there.
Canada Climate is very cold, Less prejudice and hate as so most people will be immigrants, Still Lot of room to grow, real estate is booming there even more than USA. Soon Canada will also lose flexibility of immigarion as they are making is more and more tough for people who are 1/2 hearted about immigration .
But again immigration is not my Subject

Ah replied on Monday, May 23, 2016 06:40 AM PST 

Winter is very harsh in Canada.we r not use to live in like this weather.people r friendly. Asian and south Asians r well settled here,u can imagine that Canadian defense minister is from Sikh community.its good to live in Pakistan but if after sacrifice of few years u can get a passport of civilized country than its worthy.u would b able to travel all around the world still u could face some hurdles when they will see your place of birth.keep in mind raising children here is a big risk.

Haider replied on Monday, May 23, 2016 11:06 AM PST 

Australia has better climate. Almost like Pakistan. But people there have somehow rude attitude. Canada has better people, better culture, better economy. But there is 4-5 months EXTREME winter period in canada. If I was you, I would choose canada.

Salman679 replied on Monday, May 23, 2016 12:23 PM PST 

There are 4 major factors to take into consideration for immigration.
1-Kids studies
2-Salary wages rate
3-Career growth
4- Weather

In studies,Australia is no.4 and Canada is no.5.list is USA,UK,Germany ,Australia, Canada

2-Australian avg salary per hour is $15,Canada is $10

3-All regional head quarters for Asia /pacific regions are in Australia or Singapore.While US is main hub fro head quarter in other part.

4-Best weather in Australia while Canada:)

Regards,

Nabeel replied on Monday, May 23, 2016 12:42 PM PST 

It all depends on your circumstances, and your expectations.

If you are in a well-paying job currently, and expecting to be employed in a white-collar job in either of those countries..
DO Not...Repeat: DO NOT leave your job in the hopes of landing a white-collar job after you migrate. White-collar jobs are rare in those countries.

If you are young, and plan to run your own business when you land there, or OK with doing odd jobs once you reach there, its a good option.

Skyliner replied on Monday, May 23, 2016 01:40 PM PST 

Australia feels like home especially because of the weather and landscape.
While comparing the two is hard without a definite criteria, I'd say Canada is way too saturated now and probably difficult to penetrate for newbies whilst Australia has a lot of untapped potential and space for newbies.

I have never experienced racism alhamdulillah and nor did any of my friends.

If you want to judge a nation based on the behavior of a few bogans, then you can imagine what should be the image of Pakistan, where we burn down whole families in an instant based on racism, religion or difference of opinion. So don't undermine Australia with the myth of Racism.

Between the two, in these times, I'd go for Australia, good for business, work life balance and very energetic/sporty place to raise your kids.

Nadeem® replied on Monday, May 23, 2016 02:26 PM PST 

I was in similar situation couple of years ago and decided in favor of Australia mainly due to weather. It's true economic conditions are not great and as per my knowledge same situation is in Canada. Have many friends and family members in Canada. It's equally hard to find a good job for a new comer in both countries as someone rightly pointed out in comments above.
If there are no personal issues I still recommend Australia.

luqman replied on Monday, May 23, 2016 03:58 PM PST 

Which place of Canada has best weather and has least cold in winter.

SubCon replied on Monday, May 23, 2016 05:23 PM PST 

Completely depends on your profession but I would personally prefer Canada over Australia but that is because of personal bias perhaps. I consider Canada for attached and integrated with the rest of the world whereas Australia is somewhat disconnected due to its location. Also, I find Canadian Universities more well known across the world as opposed Australian. People in Canada are much more accomodating than Australia.

mrwise replied on Monday, May 23, 2016 05:47 PM PST 

just moving out and leaving ur white collar job here will not solve the problem , there is a lot of struggle in these countries doing odd job and may take u lot of time to settle and khawari as well , if u are qualified enough or u have money to open up ur own small business than it is ok , going there empty handed is not a good idea , remember there are no white collar jobs for u very very rare.so to cut short forget about the weather and attitudes but focus on ur action plan what to do there and how to settle well . take enough funds think about ur childern education plan and see if u can begin ur own small business .getting a passport only after so much waiting and suffering should not be the only aim ,it is to settle down successfully so go ahead and take ur shot australia or canada

oz replied on Monday, May 23, 2016 08:39 PM PST 

I have been living in Australia from last 15 years. Mild winter & summer.If you want to enjoy 24/7 then Australia is best. Regarding jobs, if you are in IT or finance then Australia is not bad. For science graduates it is not a great place. One of the most expensive country in the world though. Sydney is very multicultural, with halal food easy to find. I do not know much about Canada though.

AB replied on Monday, May 23, 2016 09:29 PM PST 

My dear brothers. The aim of this wordly life according to the Holy Quran is to worship Allah. No body has suggested to Mr PPAKI that in which country you will be able to accomplish your religious obligations in a better way. This life is temporary so think and prepare the life to come. May Allah guide us to the right path.

Mrs Khan replied on Monday, May 23, 2016 11:03 PM PST 

I always vote for canada because of its cultural diversity. It is a good place to live and raise kids but not better than Pakistan. I think you are educated person, you need to choose one according to the availably of jobs there.
I was in the same boat 10 years ago when I have to decide between US and Canada. That was very hard for me and I did "ISTIKHARA" . So seek ALLAH's guidance. HE will take you at the right path and help you on very step there.
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Thursday, May 19, 2016 10:13 PM PST 
One Of many daily LRE WhatsApp groups messages on May 18 2016

One Of many daily LRE WhatsApp groups messages on May 18 2016

https://soundcloud.com/choudry-mujahid-yasin/choudry-mujahid-yasin-may-16-22016-whatsapp-audio-dha-commercials








If you exited LRE WhatsApp groups by mistake or want to join yourself now or want to add friends or relatives just send me message at +.

Choudry Mujahid Yasin ( CMY )

Pakistan® replied on Friday, May 20, 2016 02:31 PM PST 

you spoke wisely @Ahmad

SubCon replied on Friday, May 20, 2016 02:53 PM PST 

While I respect CMY's opinion, I tend to feel that most people are unable to see beyond 15 years. Yes commercial will still be a very prized commodity but it will decline at some point simply because all over the world, the retail experience is moving from physical shops to virtual (online) shops for everything from clothes to basic groceries to banks! People who are in their 40s now are perfectly capable of using technology. The stigma that Pakistan is somewhat different is incorrect. When mobile phone connections were made available to common public in late 90s early 2000, everyone thought it will be too expensive for "common man". Today, you see the picture.

I do not think commercial activity in 20 years will be nearly close to what it is today. The only place I see commercial will still be valid is restaurants and perhaps a select stores. Physical banks will vanish and so will many grocery chains. There is a reason why big malls like Fotrus square and Emporium are moving away from convential malls like Pace and making retail more of an "outing" with cinemas, playlands, foodcourts being the major attraction for these malls rather than commercial activity. The idea is to lure people in for these activities and then they "may" end up shopping. If you carefully assess the design of Fotress square mall, they walk you through all of the commercial shops before you land up in the cinema. That is for tactical reasons.

In many of the developed retail outlets in Lahore, some known brands are already struggling to get enough customers. This will only get worse with time. Where 100s of commercials fit into this picture in the long term is something which should be assessed. I am not saying commercial is not good. I am saying that in 15/20 years or even earlier, the need more commercial could reduce dramatically with large scale malls or online retail being a preference.

Aa replied on Saturday, May 21, 2016 12:56 AM PST 

Agree subcon. In most of central london residential and commercial prices are the same.

Kureshi® replied on Saturday, May 21, 2016 12:59 AM PST 

Dear subcon, good point but if you happen to see the freak shows at lawn sales reccently, you would want to reconsider your points.

SubCon replied on Saturday, May 21, 2016 06:08 PM PST 

@Kureshi ji, the freak shows at lawn sales has also prompted many lawn developers now to consider online sales. I know for a fact that Elan and Maria B are already considering going virtual because their target market is already very comfortable with online presence. As I predict, 20 years from now, next generation will nether have time nor will they bother going to a store. The world dynamics are changing all over. My prediction is that in 15 years, finding a residential plot in Lahore (based on population) will be very very difficult and eventually people will start selling off portion of their houses like it currently happens in Delhi and many other parts of the west!
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Thursday, May 19, 2016 03:28 PM PST 
Phase 7 block U main ki back

AOA. I just want to ask about phase 7 future . Is it worth to buy Rs 145 lac one kanal in U block phase 7 main ki back par


Regards

Farooq replied on Thursday, May 19, 2016 04:08 PM PST 

Basharat Ali, i will suggest you to buy 1 Kanal plot in DHA Phase 5 M Block. M Block prices will gain more quickly than phase 7 prices InshaAllah.

Farooq replied on Thursday, May 19, 2016 04:09 PM PST 

Phase 5 M Block is situated at prime location and has better access points.

SubCon replied on Thursday, May 19, 2016 05:07 PM PST 

Phase 5 M block is good location but useless until an underpass is made to connect it to proper DHA. If and when this underpass will be made is a mystery to everyone. So as it currently stands, it is isolated small block. Phase 5 M block could gain very quickly if it gets connected to proper phase 5. If not, I would say DHA phase 7 will be safer and gain more.

SubCon replied on Thursday, May 19, 2016 07:52 PM PST 

Just to add to the point above, I personally prefer Phase 5 M block location over phase 7 any day!! But the only reason I support phase 7 is because it is physically attached and connected to DHA phase 6 - so far the best phase of DHA with all sorts of commercial activity and hub within the next 5 years.

HassanHC® replied on Thursday, May 19, 2016 09:28 PM PST 

SubCon I really enjoy reading your commentary as you are among the few bunch who are not supporting one project or have obvious biases.

Please keep on commenting as you are doing unbiased and neutral even if it is just your opinion which can go wrong right.

I will also suggest to register yourself. As I did the same and it helped in weeding out spammers. Good luck

SubCon replied on Friday, May 20, 2016 12:59 AM PST 

Thank you for your generous words Hassan. Will do as advised :)

saif replied on Friday, May 20, 2016 01:23 PM PST 

i have such a plot available, in u block. if interested contact me .
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Wednesday, May 18, 2016 12:51 AM PST 
DHA Lahore Phase 7 Development Update Video



Lahore Rind Lahore Interchange Development Starting-Lahore Real Estate

https://www.youtube.com/watch?v=-s6JAbhI2_s


Fazaia Housing Scheme Lahore Ph 1 By Lahore Real Estate May 16 2016

https://www.youtube.com/watch?v=SGc1mf8PL2c


Fazaia Housing Scheme Lahore By Lahore Real Estate May 16 2016

https://www.youtube.com/watch?v=IFpdylPgbmM




DHA Lahore Phase 6 MB and DHA8 Lahore Real Estate May 2016 Update

https://www.youtube.com/watch?v=qlzvhzurIMo


DHA Lahore Phase 6 by Lahore Real Estate May 2016 Update

https://www.youtube.com/watch?v=5fIWoCHhCdA



DHA Lahore Phase 7 Rakh Dera Chal by Lahore Real Estate May 16 2016

https://www.youtube.com/watch?v=bQL4U1nVZZs




DHA Lahore Phase 7 Houses Construction Update By Lahore Real Estate May 16 2016

https://www.youtube.com/watch?v=U9ZUz_4jhC8




DHA Lahore Phase 7 T U W V Block by Lahore Real Estate May 2016 Update

https://www.youtube.com/watch?v=TR0s2-3PQ0U


DHA Lahore Phase 7 R Block By Lahore Real Estate May 16 2016

https://www.youtube.com/watch?v=QG04NduejLE




DHA Lahore Phase 7 W and Z Blocks By Lahore Real Estate May 16 2016

https://www.youtube.com/watch?v=VkbaPn2cN1U




Nawaz Sharif Interchange Lahore Ring Road Ariel Veiw By Lahore Real Estate May 2016 Update


https://youtu.be/upJu99rbB80


DHA Lahore Phase 5 M Block By Lahore Real Estate May 2016 Update

https://youtu.be/KyhDIMHsItw




Dear friends these DHA Lahore Phase 7 and other videos were uploaded or bieng uploded by me in Lahore Real Estate videos by me. I dont want you too miss any thing so uploading here as well. Its better that you join WhatsApp groups to get timely updates first.

Enjoy

Choudry Mujahid Yasin ( CMY )
+ to join my WhatsApp group

SubCon replied on Wednesday, May 18, 2016 01:40 AM PST 

CMY, appreciate very good and unbiased commentary in the videos on Phase 7 which seems to be rare on this site. Love DHA Phase 7 development and coverage of mega projects (Liver university hospital and Knowledge Park). 150 houses under construction? wow! I anticipate a very healthy gain in phase 7 in the next 2 years.

Ashfaq® replied on Wednesday, May 18, 2016 01:47 AM PST 

CMY Sahib

This is the difference between you and other dealers. Jazzaak Allaah Khair................

Qasim® replied on Wednesday, May 18, 2016 03:48 AM PST 

Dha phase 5 M block is a hidden jewel of Dha, very good location at dirt cheap price compare to proper ph 5.

tahir replied on Wednesday, May 18, 2016 03:10 PM PST 

Dear CMY
CC Rashid sb

appreciate your hard work

Baba G - Khushboo laga ky replied on Wednesday, May 18, 2016 04:18 PM PST 

BCC : Nawaz Sharif sb bi likh dena tha, Khashbo laga ky

Loyal Pakistani replied on Friday, May 20, 2016 09:13 AM PST 

Yes Mr. Nawaz Sharif is our worthy n beloved PM.
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Wednesday, May 18, 2016 12:26 AM PST 
Lahore Ring Road Updates

Lahore Ring Road Updates picture shared by a friend in group

ZS replied on Wednesday, May 18, 2016 12:35 AM PST 

Thanx CMY Lagta he ab criticize karney Walon ka moh band ho jai ga

Jk replied on Wednesday, May 18, 2016 12:37 AM PST 

Mr CMY I have a question regarding Rahbar 2. Today 5 marla file price is 28.50 and commercial is 205 lacs. If you actually go visit Rahbar 2 one is really disappointed with everything your eyes see..unlike proper DHA there is no good infrastructure at all. Do you forecast price correction in Rahbar 2 residential and commercial file prices?

SubCon replied on Wednesday, May 18, 2016 01:37 AM PST 

This is tremendous development particularly for DHA Prism and Raiwind Road Societies. I do not anticipate any correction in any of these projects. All the people here who said ring road is just a fantasy would know this is real! Good job LRE!

Jk replied on Wednesday, May 18, 2016 05:15 AM PST 

Hassan you are right BUT how can you compare Prism with Rahbar or Phase 7 with Rahbar? I mean proper DHA is proper DHA. If I have choice to buy 5 marla I will rather buy in prism or phase 7 for same price (currently) than Rahbar. So my intial question was if you compare prism and phase 7 (5 marla prices) against rahbar 2 than why would any buy in rahbar for same price?

Rahbar Proper DHA XI replied on Wednesday, May 18, 2016 05:38 AM PST 

Cox Rahbar is proper Phase 11 of DHA nd Proper Developed as well and in Developed phases of DHA Like DHA Town , Phase 6 ,8,7 the prices of 5 Marla gone up to 65 while Rahbar's DHA 11 r still under priced and Central Located Through LRR Defence Road kahna flyover Construction; Alternate Raiwind Route nd Raiwind Road Itself make DHA 11 Rahbar A Good Luking society ppl r living dere 100+ house Constructed more ppl r luking to live in it Security is superb thts y Rahbar it self a Proper DHA 11 Now it's becoming a Diamond investment Day by Day

Nadeem. replied on Wednesday, May 18, 2016 01:01 PM PST 

Apologies to all LRR optimists but being a realist I am still waiting for the detailed map of LRR. Why no one knows if his/her plot would be inside LRR or not (Those who would say map is even available online, that is a high level map). Why payment mechanism has not been announced yet? How can govt. hand over land to FWO which they have not purchased yet? How come such a big project can be started without CM Punjab or PM inaugurating it ?

Nadeem. replied on Wednesday, May 18, 2016 02:14 PM PST 

Irfan, really appreciate your logical reply. Few people tag me as someone who is against LRR construction, which I am not as my own investment would benefit from LRR.

I am just unable to connect the dots, land has not been purchased by government and hence hasnt been handed over to FWO. How would the construction start? I have no doubts over the road survey being done by FWO but I still see something fishy here. It may not be as bad as I think but certainly its not as shiny as dealers are presenting

SubCon replied on Wednesday, May 18, 2016 02:29 PM PST 

Nadeem sb, when orange line project was announced, the construction and demolition started within days. Many chunks of land were not acquired or were disputed in litigation but the project went ahead on speed of lightening. They kept demolishing and kept giving people compensation. Despite all the media and rightful opposition, the project is being constructed without any bottlenecks. Not to mention, we are talking about mostly constructed homes, monuments and very expensive land on orange line route. In that context, LRR land acquisition should be a much simpler process. Also, I am not entirely sure if your point of people not being paid anything is correct. I personally know someone who's land was acquired by government for LRR (about 10 marlas) and the government has compensated them. I do not know the mode or the rate but I know this person's property on main Raiwind road has already been demolished for Adda plot inerchange.

Lrr replied on Wednesday, May 18, 2016 07:59 PM PST 

Lrr

Lrr replied on Thursday, May 19, 2016 12:40 AM PST 

Lrr

Lrr replied on Thursday, May 19, 2016 03:37 PM PST 

Lrr
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