Lahore Real Estate Forum

Monday, December 15, 2025 06:10 AM
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(6)
Friday, April 14, 2017 12:30 PM PST 

Please tell us the current value of
DHA-9-C-780
DHA-9-N-120
Thank you in advance
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(4)
Saturday, March 3, 2012 11:28 PM PST 
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(2)
Thursday, September 25, 2008 05:43 PM PST 

Dear all,Best wishes for you.

I saw one web site about pakistan real estate,every thing was fine apart from prices.
I mean 1kanal new built house in DHA have a range of 2crore 30lakh to 2crore 50 lakh.
Now my point is, a reasonable location plot in DHA is around 90 lakh(POPULATED AREA)and if construction cost is around 70 lakh,then its total cost is 1 crore 60 lakh.Okay if you give 12 lakh to builder as 1 lakh per month for 12 months to cover his effort.Even then total amount is 1 crore 72 lakh.
Then why demanding prices are so high and purely unrealistic.
Comments please.

CMY replied on Thursday, September 25, 2008 06:05 PM PST 

We could get you many newly built houses in DHA Lahore phase 5 for 170 to 195 lacs.

Khan replied on Thursday, September 25, 2008 10:26 PM PST 

Aq shaib, Would you investment your 1.6 crore (for land and construction) for one year (it takes about one year to built one kanal house) and just take 12 lakh profit?

I would rather invest my 1.6 crore in bank for one year and make 16 laks rather than going through all the hassle of buying plot, constructing a house and then selling it just for 12 laks profit.

Earning 30% premimun on 1.6 crore for developer is very reasonable. 40 laks profit for the developer is resonable, but your are right 2.3-2.5 crore is still very high. Perhaps 2.5 crore is with room for negociaction.

Arsu replied on Friday, September 26, 2008 12:07 AM PST 

Khan bi please do spare some time in knowing what our religion demands from us, taking interest is clearly prohibited in Islam.We must stay away from things that lead to a direct clash with the teachings of Islam.

Khan replied on Friday, September 26, 2008 01:39 AM PST 

Arsu bhai, This is not a religious forum. You need to find a religious form to protray Islam. I am just giving trade-off between two avaibale options. Halal or haram is not the topic of this forum.

It is the hypocratic people like you who carry huge album of family picture (although pictures is not allowed in Islam), watch TV, carry pakistani currancy with baba Quid-a-azams picture on it, yet teach others about Islam. Leave halal or haral on ones own concious. We all know what Islam says about intrest.

Sorry for being too harsh on this. But every time there is talk to business these mulla comes along....

Ashfaq Khan replied on Friday, September 26, 2008 04:25 AM PST 

Well said Khan Sahib. Thanks so much.

Ali3 replied on Friday, September 26, 2008 07:17 AM PST 

Dear Mr. Khan Sb. I am not a mullah. I am not even religious person. But i can tell you for sure that interest, or usury, is the worst thing you can do for you and your children. Allah and His messenger have declared war on such people.

This is not an Islam forum? You think Islam is only inside the masjid? I think Islam starts the moment you come OUT of the mosque.

Having said that, I think you could have given the proper answer that now there are many Islamic banking options available, and grand muftis of Pakistan are even on their advisory boards. Tough few people like Mr. Zaid Hamid say that even such "Islamic" currency based fractional reserve banking is still not halal.

I would like to inform you that THIS IS A MUSLIM COUNTRY! The second country in the world after Medina created on the name of Islam, for Islam. 99% people living in it are Muslims. If you don't like it, it's your personal choice, i don't object to it, but you have no right to rebuke anyone on telling you something from QURAN for you own good. Taking and giving interest is worst than eating pig meat.

Ali3 replied on Friday, September 26, 2008 07:23 AM PST 

You are comparing family album and picture on currency notes with INTEREST??? That's the most foolish thing i have ever heard in my whole life! It seems as if you have come from the stone age. Next you will be comparing the wearing of slippers with having a mustache.

Ali3 replied on Friday, September 26, 2008 07:25 AM PST 

If you want to live on interest, it's your personal choice, but please don't spread GUMRAHI in the name of your enlightened moderation. Next you will be saying that even wine shop is halal.

Sheraz replied on Friday, September 26, 2008 08:04 AM PST 

Arsu and Ali3,

You both ceratainly disagree with the whole world economic system and did mention taking interest factor quite seriously even though it is a pitty that you guys forget about the inflation factor which is 30% nowadays. So in real terms even after taking profit we are still paying from our pockets when buying groceries. The time when sood was haram can you guys tell the Quranic reference for inflation, I bet it was not 30%. I know for sure that nowadys Pakistanis dont even complete the basic covenants of Islam like Namaz, Roza, Haj and Zakat so is there really a point to fight with them on one highly debatable so called sin (interest). I urge you both to insist on must factors only and leave these issues on the judgement of individuals.

You would not like it, but I think Khan is justified on acting upon his judgement on the matter and if he can convince God on the day of judgement then who cares. I assure you he will be standing in an endless que of people answering the same question. You guys are lucky your que would be very short and that is the only benefit I see for not taking interest nowadays.

Ali3 replied on Friday, September 26, 2008 08:31 AM PST 

Sheraz: according to your logic, Quran is outdated because it does not meet the requirements of modern times. The Quran clearly mentions that it is for all times, till the end of time.

According to your second logic, since we don't pray namaz, we should also eat pig meat.

Your own words speak for yourself!

Ali3 replied on Friday, September 26, 2008 08:37 AM PST 

By the way, if you take out a little time from your busy life you will find out that the guidelines regarding interest are very CLEAR! and definitely not debatable as you mention. It is another thing if you don't want to accept it. There are people who are even saying that drinking alcohol is halal. That doesn't mean that what they are saying is true.

Ali3 replied on Friday, September 26, 2008 08:39 AM PST 

You mention that Khan Sb. will be "convincing" God. You like to think that on the day of judgment there will be a "negotiation" going on with God?

Irf replied on Friday, September 26, 2008 09:12 AM PST 

Lets forget how the ecnomy and goverment operates and I agree Ali3 and others, Interst is haram, Full stop, no arguments,

surely one can ask to muslims like Arsu did to implment this at their own level its up to individuals how they do it than.

Thanks Allah i have never taken interst and over my life, i have got lots of finanical gains, Allah has helped me may be becuase i do nto take interst, request you all to start from your own leve, avoid wehre you can, and Allah will give you wealth from means that we cannot even think of, InshAllah

Sheraz replied on Friday, September 26, 2008 10:39 AM PST 

Ali3,

This topic always offend eveyone. I respect your judgement and agree it is haram, but you might not know that there are people around who do not mind interest and gives even more in charity then they earn from profit by their own hands. Their justification is that why give it to the corrupt bank officials when you can spend that money where it really belongs. The same goes for Zakat. This is one example of a judgement that many follows, obviously there are other arguments like inflation as well. That is why I said leave it to the individual to answer to God.

Among a long list of your rude comments u mentioned that I question Quran. Like to correct you there that this is not the case and I wanted to refer that there are things in this time for which the easy interpretation is hard to find in Quran and it is said in our religion to act on your own judgements there. Your method of critisizing others about our noble religion is pethatic and sooner you change it the better it would be specially for people around you.

abj replied on Friday, September 26, 2008 11:34 AM PST 

I wonder why some people think that others are craving for "their" advice on religion? Did anyone ask the question whether its haram or halal? It was a simple logical perspective of an individual.

And the guy named "Ali3", please chill out, as it seems you may need a new keyboard or by now, or your fingertips may be aching from punching the keys too hard. I respect your opinion and your love for religion, but please donot try to force it on others. One of the fanatics also bombed the Mariott too out of his frustration, as he thought that was the way to get back to people that didnt agree with him, so he had the right to kill them all.

By the way, Pakistan does not belong to fanatics. Jinnah was not a fanatic. Iqbal was not a fanatic. Sir Syed was not a fanatic. Is was named "Pakistan" and not "Fanaticistan". The list is long. This started from Zia ul haq, that brain washed the mostly un-educated class of Pakistan to create a sect to stay in power, and was done with Saudi money thru "Madrassah" system to counter the shia "Persian" influence. The system has created ticking time bombs in our country by an idiot. A masters degree alone does not get one educated. The idiots have a simple philosophy "My way or the highway".

Its a very small minority that has the extremist views, and majority of Pakistanis reject that extremist view. So you are mistakened to think that Pakistan was merely created for fanatics, in other words. If someone asks for a certificate from you certifying how good of a muslim they are, I guess they will be open to ask you. Same goes for Interst or Ribba.

Aamir replied on Friday, September 26, 2008 12:43 PM PST 

Literal interpretation and self interpretation of the religion only leads to controversies. Those who like tolerance or want to present Islam as a tolerant religion can quote parts of the Holy Quran that advocates tolerance, while the hardliners, the fundamentalists and even the terrorists can quote those parts of the Holy Quran that foments killing of the disbelievers.

Ali3 replied on Friday, September 26, 2008 02:54 PM PST 

fd

Ali3 replied on Friday, September 26, 2008 03:07 PM PST 

Dear brothers Sheraz and abj. First of all, i would like to say that i feel that you have been rude to me. Anyway, I have a very good answer to your posts. If you have the courage to listen you are requested to please write to my email so that i may send it to you. It seems as if some words (not rude words i promise) are banned from this site. I have identified some of them, but it will take too long to identify more. Also, i do not wish to exploit the services of this site by posting any more non property related posts.

Don't worry, I will use only non-Islamic explanation. Anybody else too who wishes to learn about why the interest based modern economic system is the worst evil, please write to me. Thank you.

Ali3 replied on Friday, September 26, 2008 03:09 PM PST 

you have resorted to use words like "fanatic" and "extremist" from a simple discussion based on interest! If somebody wants to follow Quran, you immediately call them fanatic and extremist??

Please send me your email so that i can send you a very informative update on interest based banking economic system.

Ali3 replied on Friday, September 26, 2008 03:19 PM PST 

You think you can abuse anyone by callling them "fanatic" and "extremist" just because they want to follow a very clear and simple instruction from Quran? This shows that actually you are extremist. All that i had said was that mr. khan should not rebuke mr. arsu for talking about Islam. That's all. but you resorted to using extremist words because my answer is not compatible to your thinking.


Arsu replied on Friday, September 26, 2008 06:55 PM PST 

Khab bi i am extremely sorry as what i said did hurt you it seems.But let me tell you one thing that if i am not regular in namaz, does'nt mean that i should put all of my energy in defending my wrong act.I must admit that i am at fault not being regular.Ali3, i honestly respect your emotions for the religion.

Ag replied on Friday, September 26, 2008 07:54 PM PST 

CMY sahib and KHAN sahib thanks a lot for your reply and keeping reply related to my requested question.

Ali3 replied on Friday, September 26, 2008 08:04 PM PST 

I will quote some posts on this forum by abj:

"But dont impose your fundamentalist views on others. It does not make any difference what so ever, unless you have a pea sized brain or maybe the brain size of a mosquito, which you already have proven to possess."

"People with closed minds are the STEP 1 to whats going on in the tribal areas of Pakistan. Those people contribute nothing to the modern world, and are just a burden/danger to the rest of civilised, hardworking, balanced people of Pakistan, and are beyond rehabilitation. They are unfit to live out in the open, and should be in a cage, the least."

So, who's the true fanatic, fundamentalist and extremist and rude person here? abj: if it were not for the people of tribal areas who are a "burden" on you and "deserve to be put in a cage", you would long ago have been a colony of the Soviet empire!

Jameel replied on Friday, September 26, 2008 11:08 PM PST 

What is Islamic Banking , Schlars are working very hard, still they are far from solution, i thorouly stuided , Riba free banking and sukuk Bonds etc, it looks the concept is all the same as westeren but terms have been chaged and there is mild differences. Still it is acceptable as we know that to slaughter the animal without saying God's name is haram although stuff is all the same. So Islamic banking is an option for us.
My tiny knowledge and understanding is Govt and corporate interest is justified as it is not exploiting poor rather helping them by decreasing inflation. [This is also Fitwa of one known Scholor from egypt], where as interest loan one to one basis is haram as it is exactly the same form as was practiced in pre islam days and causes exploitation of person.
It is another question now if some poor person needs money when his wife sick who will give if there is no system, some of his friends will pay Rs 100 and tell we did a lot.

ABASSI replied on Friday, September 26, 2008 11:32 PM PST 

Thank you mr. khan for a fine note.

Yes, taking interest on your investment is totally HALLAL.

No problem at all. Those who propagate negative about it are illiterate and their brains are limited to the teaching of street Mullah, who by the way also encourages Muslims to kill their Muslim brothers based on minor differences. So my brother invest in BANKS and you are all good.

Once again, thanks khan sahib and people alike. Keep writing, it’s a war against illiterate people who are dangerous for the society.

Adeel replied on Saturday, September 27, 2008 12:31 AM PST 

With due respect to all, thread has gone too long and wayward. Here is a food for thought reproduced again:
The issue is extremely controversial. Here is one reference which says a lot about it:
http://www.globalwebpost.com/farooqm/writings/islamic/r-i-consensus.html

The excerpt:
NOTE for fellow Muslims: Because this topic of riba involves what is haram (prohibited) and halal (permissible) in Islam, every Muslim MUST do his/her own due diligence and conscientiously reach own position/decision in regard to personal practice. In doing so regarding this matter or any other aspect of life, Muslims should seek guidance from the Qur'an and the Prophetic legacy.

"There is nothing prohibited except that which God prohibits ...
To declare something permitted prohibited is like declaring something prohibited permitted." Ibn Qayyim*

Shaykh Mahmud Shaltut

Shaykh Mahmud Shaltut () was an eminent Egyptian Islamic scholar. He was also the shaykh or grand imam of Al-Azhar University in Egypt from 1958 to 1963. Dr. Fathi Osman, in his book, Concepts of the Qur'an: A Topical Reading (2nd edition, Los Angeles, MVI Publications, 1999), p. 919, mentions the following.

"Muhammad Abduh, the distinguished Egyptian mufti and commentator on the Quran [d. 1905], considered the interest paid by the post offices for the savings there as lawful, an opinion later supported by Mahmud Shaltut, the former Sheikh of al-Azhar [d. 1962] Moreover, he allowed for the interest on state bonds, if the economic development and the individual and public interests require issuing them [al-Fatawa, 8th., Cairo: 1975, pp. 351-355]. Additionally, Shaltut agreed to any transaction with any fixed interest in advance, if it was offered by the Muslim state or any establishments subsidiary to the state or affiliated with it, as it assumed that there is no exploitation of either party in such cases."

Regards

Arsu replied on Saturday, September 27, 2008 03:21 AM PST 

Adeel bi we can find plenty of such fatwas and mufti's whom we like because they support our view point. I remember few years back someone in Pakistan gave fatwa that if you have to give bribe sometimes in order to get your legal work done , does'nt matter.Why we don't project fatwas given by saudi shura council pertaining to intersts.They even go to the extent that its not lawful for someone working in the banks that deal in interests.Also if you knowingly rent your building out to such banks, its not rightful either.Meaning taking and giving interest aside, we are not even supposed to assist in this concern.It can again stir up and endless debate but the point is that whatever we say or do, we can never escape from our own conscience and the notice of Allah.

abj replied on Saturday, September 27, 2008 10:52 AM PST 

To ALI3,

Why r u writing mutiple posts? R u responding to each person, each post, or the thoughts come to you in chunks? Anyways, I will respond in simple points.

(a) NO, I have absolutely no desire for you to email me your opinion about Interest. If you read my post, the crux was that, I am least interested in the topic, and dont like anyone extending their un-solicited advise. and NO, brother, I am trying to be fair, and not rude.
(b)In my opinion, your views are those of an extremist and a fanatic. Again, my point is a little different tahan what you are trying to preach. I simply say, I am not interested in the discussion. Keep it to yourself, unless someone asks for it.

(c) thanks for digging my prior post and showing that I am consistant. Do you see similarities? I previosuly advised another "Gumrah" person what I am saying now.

My intent is not to hurt your feelings. I just dont like anyone telling others what to do. Its "Jahalat", the sooner we learn, the better. Its effecting our people in pakistan, our lives and our standing as a society in the rest of the world. We want a progressive Pakistan for our future generation, and not the Afghanistan style Talibanization of our beautiful land. We pakistani's, are the craziest ones amongst all islamic countries, if you have been around. Tells you something? We need motivated people like you to get people away from this nonsense. Divert energies to positive things, and not these fundamentalist views that only creates hate and differences among people. Live and Let live, in our wonderful Pakistan.

Jameel replied on Saturday, September 27, 2008 01:48 PM PST 

If some one want to get some insight in islamic Banking system he can goto
http://en.wikipedia.org/wiki/Islamic_Banking
This is an unbaised article and if you have some insight in current Financial system, You will find it almost similar.
The Point is if scholars have no agreement what definition of Riba , and if Habib Rafiq Inc gets loan from Askari Bank to Build Thokar Flyover, where they will get money from Govt in 2,3 ys, The Mark up/"interest"/ profit looks Justified, where none is being exploited and many people will be getting benefit.
The model of Current Islamic Banking is introduced by, Yasin Abu Bakr Argwings-Kodhek, This looks to me only attractive that it is with "Neyyat" Not to confront Islamic teachings otherwise Concept is all the same as that of Westeren Financial System with only minor Differences. If we have safe Rliable Islamic Banking institutes in our system we should Convert to them. But we should not Impose "Kafir" Fitwa to those who are not doing this.
May allah Give us guidence.

Ali3 replied on Saturday, September 27, 2008 02:51 PM PST 

abj: So, if somebody respectfully tells you that Pakistan is a Muslim country, than he's a "jahalil", "fanatic", "extremist", "fundamentalist".

YOU can say whatever you want whenever you want to whoever you want.

BUT nobody can say anything to you. If giving advise is "Jahalat", then WHY do you give advise to others, and frequently use abusive words? You have a feudal mentality, the real curse of Pakistan.

Nobody has the right to say anything. Only YOU are the master, who can say and do whatever you want. If somebody doesn't have the same thoughts as you, then he should be abused at liberty.

PLEASE LEARN SOME MANNERS. You and your western bosses are not the only humans on this planet

abj replied on Monday, September 29, 2008 12:35 PM PST 

Ali3: No, if somebody tells me that Pakistan is a Muslim country, its a fact, as Majority of population of Pakistan is muslim. So thats not "Jahalat". But if someone is trying to advertise a plot on a real estate site or someone is trying to compare investment, and the response from someone is "pakistan is a Muslim country", I would call that person an idiot. See the difference.

So, if someone starts preaching religion on a real estate board, and tries to give un-solicited advice on Haram halaal according to religion is "jahalat". The thought-process, that everyone like you sees everything (and should see) in the world thru a "religious Lense" like you is being a "jahil". BTW, you are not doing any service to Islam either by doing that. I will not get into that with you, as you are craving for it, so lets get back to facts.

Stating a fact is not abusive words. An "Idiot" is an "Idiot". What else should I call you?

I did not give you advise. I just stated the fact, that what you are saying is irrelevant to the conversation. I dont know what the term "Feudal" means. I am just a hard working man in a foreign country trying to make a living, and is always proudly/rightly worried about his homeland Pakistan. I donot give anyone unsolicited advice, actually I charge money to give financial advise. Right now, people like you are the problem with Pakistan. People like you have made Pakistan Hell. Had I been the "Master", as you stated something from an old dictionary, you probably would not be sitting in front of a computer, for sure. You would be paying for all the misery being created by "Fundamentalists" like you. So thats the real curse right there.

PLEASE BORROW SOME SENSE BEFORE ITS TOO LATE. IF YOU HAVE NOTHING WORTHY TO SAY PERTAINING TO A CONVERSTAION< ITS BEST TO KEEP ONES MOUTH SHUT> You and most of your hypocitical "Bearded" fundamentalist bosses are not the only humans in Pakistan. You are not the "THEKA_DAAR" of Islam either. You have made life miserable for all Paksitanis, and have made us a laughing stock of the World.
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