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Monday, December 15, 2025 07:38 AM
Total Records: 82   Records Viewed Per Page: 10
(82)
   Awan
Saturday, February 9, 2019 05:16 PM PST 
Reply: >
DHA Bahawalpur
Aoa CMY sb.
Whats the estimated price of my above plot?

Regards and thnx in advance :h :h :h
Lahore Real Estate ® replied on Saturday, February 9, 2019 09:21 PM PST 

Dear Sir!
Your Plot worth is around 40 to 42 lacs

FOR MORE DETAILS CALL TO:
Salman Maqsood
+923224009967
Lahore Real Estate®
>
(81)
   Awan
Monday, December 4, 2017 11:36 AM PST 
Reply: >
Dear Lre team
Please evaluation plot 157 Block C in 9twon?
LRE Support Staff replied on Monday, December 4, 2017 03:27 PM PST 

Dear Sir,
C-157 Is Around 65 Lac
For More Information Contact
Absar Hussain
+
Lahore Real Estate
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(80)
   Syed Zafar Abbas
Thursday, November 23, 2017 10:21 PM PST 
Reply: >
Payment of Development Charges DHA 9 Prism
To all respected plot holders
You know our hard earned money is held with DHA in the shape of cost of land and Development charges uptill now. Every one among us try level best to pay D C in time. If one fails to pay DHA imposes heavy penality. On the contrary speed of work is very slow and I am afraid DHA will not give possession in coming 5 years or more.under the prevailing situation,We all should demand from DHA that if they fail to comply their commitment, plot holders will be compensated at the same rate they impose penalty on them for as long as they keep our money. If we had to go court we should. Regards
worried replied on Thursday, November 23, 2017 10:56 PM PST 

good point, i m waiting for phase 8 possession since long, forget about phase-9 before 5 years, please go ahead,
worried replied on Thursday, November 23, 2017 10:58 PM PST 

DHA should apply rules on itself as well and pay delay penalties and compensation,
Amin replied on Friday, November 24, 2017 12:58 AM PST 

Very good point
DHA should update on development status periodically on its own
How about sending a signed letter to dha by plot holders re this
Bell the Cat replied on Friday, November 24, 2017 03:18 AM PST 

Point is quite logical but who cares. Fairness and judicious treatment on its own .....by any 'body' including DHA is impossible in Pakistan.
Habib replied on Friday, November 24, 2017 03:54 AM PST 

Good Point
This is First time DHA will pay fine in Prism, If rate is same as holders then many will recover 50% of their Plot Price.
This Shows How Innocent are Prism investors.
Your Well Wisher..... replied on Friday, November 24, 2017 04:51 AM PST 

Please explain the ruthless society we are living in.

DHA Phase 9 was announced in 2004 and civil file holders were allocated the worst location plots in May 2015 balloting. Civil Allotees were giving 3 years to pay their development charges and at the same time Military allotees were given 20 years to pay their development charges whilst they got allocated the best plots in the lovely blocks.

Just imagine, our lovely estate agents only promote or sell military allotee plots at their desired rate.

The plots on 150 ft road are selling at the highest whilst everyone have now witnessed the new development plans defence entrance (i.e. overhead bridges, underpasses and so on). We civil investor buying these expensive plots and in future these plots will become least desirable due to heavy traffic and so on. Our agents then will say to us it was a bad buy which they now promoting.

You wish to go to THE COURT!!!! Where in USA 🇺🇸 or UK 🇬🇧.....in Pakistan 🇵🇰 GOOD LUCK MATE!!!!
Mubeen Asghar replied on Friday, November 24, 2017 02:22 PM PST 

Asslam a alaikum,

Sir, my request to you is kindly visit the site of Prism 9, development is going on at a very fast rate, you can also see the latest videos on our youtube channel. They will surely handover the possession of some block in next 1.5-2 years. Regarding balloting, DHA always have a fair balloting, we know a lot of our clients got a good location plot in Prism 9.

Thanks
Mubeen Asghar
+
Lahore Real Estate
Syed Zafar abbas replied on Friday, November 24, 2017 02:45 PM PST 

@ brother Mubeen Asghar...it is hoped and wished what u said come true exactly. But it is reality that DHA will not fulfill its commitments in prism.Here my pray is this that DHA should pay return on the amounts they held if it fails to give possession of plot till the needful. For this a forum of some learned active stake holders be formed who can take care of our interest. In Pakistan nobody cares if one does not fight for his rights. Come forward dear friends. Regards
Awan replied on Friday, November 24, 2017 02:56 PM PST 

@syed zafar, have you ever visited prism site in last one year? I believe never. Because i visit every week as i live in askari 11. Prism is developing at a remarkable pace. This speed was never seen in any prior phases of Dha before. Bhai its easy to be a keyboard warrior but it take a little headache going to actual site. Please visit once. Ap 5 saal ki ratt chore dain ge
Syed Zafar abbas replied on Friday, November 24, 2017 04:09 PM PST 

@Awan Bhai...ur input is very encouraging. It my point is something different. .My point is that when DHA is charging penalty on late payments if their dues, then we the petty plot holder should be compensated equally in case of delay in giving possession as per their comittments. For instance in Bahria Town Rawalpindi, the management will give me rental valued amount in case they failed to give me the possession of an Appartment I booked. Regards
Your Well Wisher replied on Friday, November 24, 2017 05:55 PM PST 

Walaikum us Salam Mubeen Asghar,

Thanks for your comments and I am really pleased to hear the timescale you have suggested (and not DHA i.e. from 2004 to 20XX).

Please explain the reason DHA is asking civil allotees of all blocks to pay Development Charges within the three years. If all the blocks will not get possession at the same time. It will be extremely disappointing and specially if Blocks A, C, D, F, G and M will get the possession first.

WHY NOT 5 YEARS INSTEAD OF 3 YEARS if the possession will not be given in 3 years.

I also visit Prism regularly, the timescale is completely incorrect as it will take much longer to get electric, gas, overhead tanks, sewer and internal block roads. I estimate that the complete prism handover will happen by 2025 or later. The first possession might happen in 2020 and the every six months there on.

I think that the DHA is only enjoying its brand recognition and exploiting the civil investors. You imagine any other developers released a phase in 2004 and hand over of plots is still completely uncertain.
Awan replied on Friday, November 24, 2017 06:30 PM PST 

@well wisher.. 2004 was never the right year to enter in phase 9 but 2012 was, thus buying in 2004 and then complaining about dha management is unreasonable act.Similary phase 10 files are available since 2012(for 23 lac/kanal) but still in 2017 one should not buy phase 10 files untill you should have bought phase 5 or 6 files. See where these phases are todate.
Your Well Wisher replied on Friday, November 24, 2017 07:02 PM PST 

@ Awan Sb,

UNREASONABLE ACT.....YES My Act is unreasonable!!!

Great my friend.....
Surfer® replied on Friday, November 24, 2017 07:23 PM PST 

DHA Lahore Tries this time its level best to fullfill their commitment in most of the blocks sewerage system is allready completed with stone Mud roads status can be seen on youtube channel by different media & non media persons & advance google earth. Intrestingly On my last visit very speedialy NLC is working on different blocks at the same time. The main basic Idea to develop PRISM from my point of view is its entry points as far as these entry points are concerned are now being visible from all points this developed 150" road will be connected with these points very soon. After this mainsteam then all blocks center 80" road is being connected to this allready developed 150ft road. Hope fully this time DHA Lahore will fullfill its commitment of possesion on time. If not than partial possession In shaa ALLAH will be seen on time. Yes i agree with Zafar sb. Point that if in case Dha Lahore is unable to fullfill its commitment must compensate its stake holders but In shaa ALLAH the situatiin is different this time due to highly Compatitive property market.
MHA® replied on Saturday, November 25, 2017 01:54 AM PST 

I think balloting was fair
I had 8 Marla file in 2015 and got plot in ballot on 150 foot road commercial Zone 1
Realistically ACDPQ should get possession first and possibly by 2020
Your Well Wisher replied on Saturday, November 25, 2017 07:15 AM PST 

@MHA,

On what basis you are suggesting that the balloting was fair. It was only because you were allocated better location plots however majority were give the worst location plots. Please pick up the phone and speak to any agent and ask for only civil allottee plot. You will amazed to know the most low price and worst location plots were civil allottee.

I concur with you that the possession will be given to sectors A,C,D,P and Q.

@Banker

I strongly support LRE team and they are the best, professional, very honest and humble individuals. They are always there to help all. I never every disrespect these hardworking people. I strongly condemn the statement you made on this forum.

I also say that the DHA is for Honest, Dedicated and very loyal Military Officer out their combating for our motherland. We do not care if they will get little advantage from us. We love our Military Officers who sacrifice their lives for us all. They our Sons, Brothers and Fathers. WE LOVE THEM and RESPECT THEM.
Eesa replied on Sunday, November 26, 2017 04:05 PM PST 

Paying a normal per annum installment from 2002 to statelife insurance and after 4 years more will get an amount by which can buy 1 kanal main boulverad house in 2022 in so called phase 5. If died then family will have not to wait for 4 years more or will get handsome stipend till maturity.
So does DHA give above oppertunity? If one dies during installment period, would DHA compensate a family?
Would the persons having boundry lined balloted plots in 2015 who waited for 11 years capable to sell their plots at worth Rs. 8 crore in 2022.
What the worth of money would be when you paid lump sum in 2004 and one paid annual installments of state life?
The lucky people in DHA are only those who got hance to invest during crisis but even they gambled either got good location or worse location plot. And gambling isa prohbited entity.😂

Come on! Try to think out of box
Faher replied on Tuesday, November 28, 2017 03:48 AM PST 

Eesa,
Which one of state life's installment plans did you invest? Thanks
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(79)
   Thelma
Sunday, November 5, 2017 12:56 AM PST 
Reply: >
Dear LRE
Please evaluate Prism P 222. And how many installents have been paid up to date.
Ali replied on Sunday, November 5, 2017 11:19 AM PST 

If you want to sell the plot i am interested to buy my offer is 110 lacs with updated installments. We can deal through LRE. Thanks
Awan replied on Sunday, November 5, 2017 01:25 PM PST 

I am interested in 111 lac even. But Ali sb you and I both know plot's worth
Faheem Ansari replied on Sunday, November 5, 2017 03:57 PM PST 

I am interested in 111.50 , but ali and awan we all know plot's worth .
Ishaq Dar replied on Sunday, November 5, 2017 04:55 PM PST 

I am interested in 115 and we all know the worth of this plot
Ali replied on Sunday, November 5, 2017 05:35 PM PST 

Sir awan sb if you you know the plot price and really intrrested than quote much more than my offer. Prism market is getting slower if you dont want to accept it its your will. Bhai ap apne aik B blovk k plot k liay kch b nai sunna chahte k prism k prices kam huin hain. Bhai ap k plot ki ptice 7 to 8 lacks increase hui hai bs.
Ali replied on Sunday, November 5, 2017 05:38 PM PST 

LRE and other members and even me who is frequently in vontact with various market dealers are saying that the market is damn slow and no buyers in market. But sir your single plot is at thr same value rather have increased 5 to 10 lacs from past 6 months. Br happy bro
Salman Maqsood LRE replied on Monday, November 6, 2017 01:50 PM PST 

Dear Sir,
Prism P Near 222 is valued around 125 to 128 Lacs. Update Civil.

Salman Maqsood
Lahore Real Estate
+923224009967
Nabeel® replied on Monday, November 6, 2017 03:30 PM PST 

Thelma, 8th installment is due now.

Approximately 5 installments still pending including current and 7.5 lakh
There are few buyers in current market with cash to purchase 1 Crore + plots.
Ahmad replied on Monday, November 6, 2017 05:53 PM PST 

Dear Thelma please comment below if you want to sell your plot in 118 lac my full and final offer. Please comment in order to proceed further
Thelma replied on Tuesday, November 7, 2017 04:18 AM PST 

Thankyou for answering my question. team LRE
And no where have I mentioned selling the plot.Its for keeps and not on sale.
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(78)
   jehanzeb
Sunday, October 29, 2017 03:25 PM PST 
Reply: >
DHA phase 7
AOA

Just wanted the opinion of members on Phase 7 DHA. I want to buy a plot and build a house there. I would do the construction 2 year from now. When is a good time to buy there? Why no one has built any house there yet, although possession is available in most areas?

thanks, Jehanzeb
Farooq Shaikh replied on Sunday, October 29, 2017 04:08 PM PST 

What do you mean by "why no one has built any house there yet, although possession is available in most areas?". I think you have not visited phase 7. Many houses are constructed, people are living and many more are under construction. Two weeks earlier, I visited Y block, which is considered as weak block of phase 7, I counted, there were 7 houses constructed or under construction. Other blocks have already many houses. Visit the location and then decide.
Jehanzeb Ahmad replied on Sunday, October 29, 2017 05:02 PM PST 

Dear Farooq, I live in Islamabad and visited phase 7 last year..so thanks for the update. When is a good time to buy? Will prices be stagnant in the next year, increase or go down?
Khurram11® replied on Sunday, October 29, 2017 06:26 PM PST 

Lahore property as a whole is not expected to increase much. People often forget the real reason prices move... Demand and supply. In Lahore supply of good societies have increased so much that demamd is left way behind. Hence no need to rush to get a plot if you are not in a hurry to live, you will get better deals even if you wait 6 months to a year.
Shahid1 replied on Sunday, October 29, 2017 10:04 PM PST 

Not true for phase 7. Prices are already depressed significantly in phase 7 and are moving up slowly as the house construction is picking up.
USA DOC replied on Monday, October 30, 2017 01:58 AM PST 

Phase 7 is dead End location unfortunately
Honest replied on Monday, October 30, 2017 09:59 AM PST 

Phase 7 is big disappointment from DHA !
It's time to accept the fact
It's deserted as hell
No interest of dha there
Nothing at all
Seriously
Farooq replied on Monday, October 30, 2017 01:36 PM PST 

@Honest. You have selected your name as Honest, but you behaved completely dishonestly. Its so funny. You listed few negative points but without any reason or logic. Your third point is really funny, seems that you had a chance to visit hell, that's why you know how it looks like. By the way, few years back, phase 6 was also deserted like hell....hahaha.

Anyway, talking seriously, can you please tell me what is the difference between 6 and 7. (I think its the golf course, which is dividing them), earlier 7 was the part of 6. I do not see any difference between them, development wise, house construction activity pattern, etc. I think 7 is also following the same path as other phases have gone through. I agree that lower (new cutting) will still take time to become livable. But in my personal view once the lower cutting is given possession, it will populate more quickly as compared to the upper part of 7. Lower cutting has 10 marla plots which are usually constructed fast as compared to a kanal of 2 kanal houses.
ahmed khan replied on Monday, October 30, 2017 01:38 PM PST 

Dear All, all i can say seeing is believing.I visited phase 8,unfortunately most of the area which is un built is deep & cost of construction will be high.Phase 7 yes mostly leveled & has at least a kidney center or a university is coming up. Phase 9 yes , today it has approach problem BUT in years to come it will be resolved.
Awan replied on Monday, October 30, 2017 02:06 PM PST 

Farooq sb ka plot hai bhai phase 7 main. Khabardar jo kisi ne phase 7 ki burai ki tou
Shindaz Khan replied on Monday, October 30, 2017 03:08 PM PST 

Hi Guys,
This forum is all about brain storming, every idea or thought has value, so we should respect every comment. I personally feel the way Pakistani population progressing every place in Lahore important. Agree with Mr. Farooq's comment that couple of years back Phase 6 was not as hot as today.
If u need to built home now Phase 7 is okay coz phase 9 will take another 4 to 6 years.
Salman Maqsood LRE replied on Monday, October 30, 2017 03:53 PM PST 

Dear All,
In Phase 7 you will get top of line possession plot in 150 to 175 Lacs depending on location where in phase 8 you need to raise your budget 210 to 250 Lacs. Phase 7 is cost effective for those who want to construct houses in next 1 to 2 Years. Phase 7 R, P, S block ( Pirce Range :150 to 175 Lacs )now live able dozens of houses there. Where as T, U, Q, Y, W ( Pirce Range :125 to 150 Lacs ) 5 to 10 houses each block as of now. You can construct in Z-2 in budget of 90 to 105 lacs of one kanal.
DHA delayed the possession the new cutting of T,U,X, Y & Z1. Not sure when dha will deliver, expected in 2018. . Two kanal is must buy opportunity for those willing to construction around 275 lacs in next 3 years.

Salman Maqsood
Lahore Real Estate
+923224009967
Shahid1 replied on Tuesday, October 31, 2017 12:42 AM PST 

That is the whole point. In phase 7, you get a good plot in 125, you put 125 on it and you have a nice one kanal house in 250.
In phase 8, you get a good plot in 250, you put 250 on it to have a similar one kanal house in 500. And what you get, couple kilometers closer to airport.
However in phase 7, you are living in the heart of DHA but in phase 8, you are on the side.
Habib replied on Tuesday, October 31, 2017 03:53 PM PST 

If You are considering Phase 7 this is right time to Buy Plot, Recalling the experience of Phase 5 and 6, In first 2 years there are less Houses, The Moment they Cross Certain Threshold, there is Construction boom, Predictably you can say in another 3 years it will be as Populated as DHA phase 6 was Populated in 2015, How Much it was Populated in 2015 you can find in Google Earth Historical Imagery .
Nabeel® replied on Wednesday, November 1, 2017 03:40 PM PST 

Agree with Habib Sb.

If you want to build a house in Phase 7 in future, now is the time to purchase a plot. The more you wait the prices will go up. Reason being that as it gets populated, it will become more of attractive for end-users.

Phase 7 will probably be the only phase which will hold prices in current slump , as it was underpriced earlier. Choose a plot in upper cutting.
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(77)
   LRE Rates Update
Thursday, October 26, 2017 03:43 PM PST 
Reply: >
DHA Multan Files Prices Update 26 October 2017

DHA Multan Residential And Commercial Files Prices Update


DHA Multan Affidavit (10 Marla) 34.15 Lacs
DHA Multan Affidavit (1-Kanal) 46.75 Lacs
DHA Multan Allocation (1-Kanal) 44.85 Lacs

DHA Multan Residential Installment Plot Files Buyer Prices Update


5 Marla Buyers at 4.60 Lacs Seller Demands at 5.00 Lacs (Booking Price 20 Lacs in 3 years installments)

8 Marla Buyer at 4.70 Lacs Seller Demands at 5.10 Lacs (Booking Price 30 Lacs in 3 years instalments)

10 Marla Buyer at 6.75 Lacs Seller Demands at 7.15 Lacs (Booking price 35 Lacs in instalments)

1 Kanal Buyer at 4.90 Lacs Seller Demands at 5.30 Lacs (Booking price 68 Lacs in 3 years installment)

2 Kanal Buyer at 8.50 Lacs Seller Demands at 9.50 Lacs ( Booking price 130 Lacs in 3 years in instalments)

DHA Multan Commercial Installment Plot Files Buyer Prices Update


4 Marla Buyers at 24.00 Lacs Sellers Demands at 25.00 Lacs ( Booking price 175 Lacs in 3 years installment)


8 Marla Buyers at 19 Lacs Sellers Demands at 20 Lacs ( Booking price 350 lacs in 3 years in installment)

Contact On These Numbers For Buying And Selling
Fawad +923024489001
Jawad +
Jamshaid +
Ihsan +
Nouman +
Umair +
Note:(Sellers must pay own membership fee (Rs.64160 ) and any seller taxes when or if imposed.
All seller are must required to travel to DHA Multan for transfers and pays his own travel expenses)
Multan Dha holder replied on Thursday, October 26, 2017 04:32 PM PST 

DHA multan cash file ka tou bara he gharq ho gya hai. Yeh kaha ja ker dobara gain karna start ho gi?
M Zahid® replied on Thursday, October 26, 2017 06:08 PM PST 

When all other assets are loosing then DHA Mutlan is not different. Prism allocation file has nearly returned from 80 to 72. Market improvement factors have no near term visibility. DHA Multan can fall under 40 if DHA have not made any substantial intervention, like balloting etc. Which they can not announce until land is cleared enough to do that. This may reach to 35 or so.
But this fluctuations are part of development cycle. Long term holders will not be affected by these up and down movements.
Lahore Real Estate replied on Thursday, October 26, 2017 06:08 PM PST 

Overall market is observing downward trend, rates won't decrease too much.
Mubeen Asghar replied on Thursday, October 26, 2017 06:08 PM PST 

Asslam a alaikum,

Sir, DHA Multan is almost near to its minimum point, it will hard to fall below than this. Currently prices are down everywhere due to political instability, they will be good in coming months.

Thanks
Mubeen Asghar
+
Lahore Real Estate
Awan replied on Thursday, October 26, 2017 07:39 PM PST 

Zahid sb 35 is very very very pessimistic view i guess as installment wali file is priced at 68 lac. Aodh adh ka difference is IMPOSSIBLE
Afridi replied on Thursday, October 26, 2017 11:06 PM PST 

DHA MULTAN is still to fall below this because of availablity of DHA 10 in lahore market at almost the same price. Both DHA 10 and Multan are at the same phase of development ( I don't buy the gimmick that 2.5 km road can do much in DHA multan) ...both have land yet to acquire, both are files, ballot of both is not done yet, LAhore factor will make dha 10 much much better choice if someone buys now for his future generation.
AMS replied on Thursday, October 26, 2017 11:11 PM PST 

Surprisingly, entire market is affected by the political instability in the country except DHA Multan and Lahore Prism Commercial plots whose OWN and price still prevailing on more or less same level which we found at launching of DHA Multan and a year before in Lahore.
free_man replied on Friday, October 27, 2017 02:01 AM PST 

روک سکو تو روک لو ۔ سب نیچے جائیں گے
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(76)
   State Life 2
Saturday, October 21, 2017 09:55 AM PST 
Reply: >
State Life Phase 2 IS COMING!!!
State Life Phase 2 IS COMING!!!

State Life Phase 2 IS COMING!!!


State Life Phase 2 IS COMING!!!
A reader of LRE replied on Saturday, October 21, 2017 01:04 PM PST 

Stop Guys!!!!
Rana & SL2... I understand frustration for both of you!!! Property is damn slow' no buying selling in market so frustration is Natural,

You both should understand that market hype created by guys like you is over now; it would go down day by day (Prism already lost enough steam up to 40% down). So stop plz!!!!

Meaningful silence and no reply from LRE about SL2 is also very suspicious means something really happening at State Life. Right?
Awan replied on Saturday, October 21, 2017 03:34 PM PST 

@Reader of LRE. Prism lost 40% steam? It implies that a plot worth 125 lac in Prism should be at 75 lac now(According as you said) is any available with you at 75 lac i am interested to buy?
Awan replied on Saturday, October 21, 2017 03:36 PM PST 

We both can share details with LRE for dealing
LRE Support Staff replied on Saturday, October 21, 2017 03:52 PM PST 

Dear Sir,
There Are Still Rumors About State Life 2,no confirm news.So, We Will Update if There Is Any Confirm News About State Life 2

Regards,
Lahore Real Estate
Mirza replied on Monday, October 23, 2017 04:10 AM PST 

I'm also ready to buy prism plot at 40% down or even 25% down then 3 months ago.
Winner replied on Monday, October 23, 2017 07:44 PM PST 

LRE staff is waste of time. Contacted their staff on WhatsApp many times, No reply.
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(75)
   Jameel Ch.
Sunday, October 8, 2017 02:18 AM PST 
Reply: >
Prism Dying!!!
Sold my plot in Prism for 20 Lakhs less then the last year. Prices are drastically coming down and market is now flooded with the plots at Prism. Dealer Mafia is showing false dreams to the buyers that prices are going up every month, it would hand over in next 3 years. All BullShitt!!!
I bet, Prison would never be ready in next 10 years!
M Zahid® replied on Sunday, October 8, 2017 02:58 AM PST 

Yes prism is in India and possession will never be given.
Although main roads are near completion and work in all blocks going. Yes being located in India possession will not be given. I bought couple of decent plots under 70 and now no plot in prism is for 70 but still I have to abuse prism and dha.
Rock replied on Sunday, October 8, 2017 05:25 AM PST 

Well said Mr Zahid !!
These people are actually trying to lower prices to buy cheaper 😄
I bought 2 commercials in 2015 and 2016 at great locations Zone 1 8 Marla and ooval complex outer
Alhumdullilah great gains already and looking in future stable investment as well
Riaz 44 replied on Sunday, October 8, 2017 10:26 AM PST 

Property investment is in slump and everywhere the prices are going down. It's same with prism. Even after the possession in phase 8 prices have gone down from 20lac to 30Lac per kanal so even a rapid development in prism will not change anything unless the market is bullish. Remember the supply in practically unlimited in prism.
As far as making huge profits in Prism is concerned it's correct that people have made millions from it but now it's the correction time.
Riaz 44 replied on Sunday, October 8, 2017 10:29 AM PST 

Prism is not dying... just the correction time.
H78 replied on Sunday, October 8, 2017 12:16 PM PST 

I understand market slow but prices still high not coming down
Trying to buy in phase 6 and prices are actually higher compared to 6 months ago
Habib replied on Sunday, October 8, 2017 12:39 PM PST 

Prices quoted by Dealers are still high, Yes I agree that supply is unlimited but Plots are in Hand of tertiary market [Though not still with end users] off loading at very low prices is not expected. The Only thing which can change the game is Pak Rupee. I hope it will not fall but if it happens there can be more fall.
Yes it is Correct you need another 6 years to reach phase 7,8 Level of development and hand over. But what next? these plots still need demand or it will be sold as today DHA 9 Town. It is ready for Building and Located in Prime location of Prism.
Stagnant Price of DHA Town is Beyond my understanding, How I can Convince Myself to buy a plot in prism in 1.5 Cror when nearly 3 Plots of 5 merla can be owned in that price which is always good for investment and price gain.
M Zahid® replied on Sunday, October 8, 2017 02:09 PM PST 

Habib sb!
Disagree that depreciation of rupee will cause a further fall. Rupee is under immense pressure and will go down around 10%. When this will happen; no one knows other than Dar sb. This will make reality market more attractive to overseas. what you can buy now for $100 will be available in $90.

I have no inside information but based on assessment of progress, i think possession will be given in 2020. I recently posted a fresh satellite picture where you can see work progressing in all blocks. Prism market is based on development speed. To illustrate my point further; assume that dha complete all development work in one year and handover possession. Do you think price will be despite of slow market; No. Similarly if development slow down, dha contractors only work in few block with slow pace, people develop the feeling that it really will take 7 or 8 years then prices will stagnate.
saleem replied on Sunday, October 8, 2017 03:36 PM PST 

I will fore sure agree with habib sb. prism market is getting stangant with day by day and if not great but losing a bit. this is obvious no property will remain stangant for much longer period it will starts losing its value gradually. Prism would not be ready for another 5 years thats reality one say anything will just build castles in air. Even 25% of any block is not yet completed and prism consists of around 15 sectors. long way to go. we all know there is over supply of plots in market and yet very few buyers therefore we all can forecast the market.
phase 6 seems to be very good investment because it will be now gaining in future. second PHASE 9 town would be much more attractive investment as posssession is there and still low price. in coming 2-3 years it will have much more houses and investment.
saleem replied on Sunday, October 8, 2017 03:42 PM PST 

Yes secondly dha town will be connecting prism upper blocks A,C and Q therefore much better investment than prism for coming 3 years.
Habib replied on Sunday, October 8, 2017 04:24 PM PST 

@ Zahid If Rupee starts Slipping down then overseas investors will not jump rather will wait and see, I am Commenting based on experience. This happened in 2010 when Rupee Started Sliding Down in Zardari Period [ In Musharraf Time also we saw very stable Pak rupee as we saw in Nawaz Sharif era]
But again Currency Value and other parameters are secondary factors. The Main thing is when Next Cyclic Boom will start, no matter Phase 9 or Phase 7 or 8 all will shoot up.
Unfortunately I am not seeing it in near Future.
M Zahid® replied on Sunday, October 8, 2017 04:56 PM PST 

@ Habib Rupees was artificial propped in MS time and as soon as this support was removed USD soared from 60 to 85, in Zardari time. Now current finance minister have done the same as was in MS time. Before going for 6th IMF Programme in APRIL devaluation will be done as precondition unless IMF programme can be avoided.

Next reality boom!
Yes CPEC is a factor which will have positive impact on economy and energy profile will improve our exports. This will start to show up in next 2 to 3 years. But major contributor to reality sector are inflows from remittances which are bad strained due to middle eastern turmoil. Oil crash, wars and interstate feuds are heavily impacting our footprint of overseas diaspora. There is no immediate improvement visible on the horizon for the said issues. Resultantly, demand in the Middle East for Pakistani labour is not heading south in near future to improve our remittances. The drivers for under development reality projects would be pace of development and for newly completed areas speed of house building and commercial activity. Remaining areas will remain stagnate or inching up at snail pace.
MBS® replied on Sunday, October 8, 2017 06:25 PM PST 

Carving out the dirt roads and providing possession with electric and utilities is a different thing. Recall phase 8 development, from dirt roads to possession.

Compare the size and time period it took to give possession.

While progress in Prism is very good, relating only development speed to price appreciation is not the complete equation... for instance. there are many more competitive options which didn't exist few years back like law and order in Karachi and Peshawar, Bahria Karachi, DHA Multan, Peshawar, Bahwalpur, Gujranwala etc which have attracted quite a fair share of investors.

I don't think that prices in DHA lahore overall or anywhere else will repeat historical trend of aggressive gains in a matter of months/years, but will more likely remain realistic and competitive.

Crossing the 20 Million mark in 3 years will be a real milestone for Prism.
Muhammad Asif® replied on Sunday, October 8, 2017 07:26 PM PST 

Nothing to do with the prism alone, market is in correction mode and non-developed areas will get more hit. Worse is coming in 2018.
Nabeel® replied on Sunday, October 8, 2017 08:45 PM PST 

It is true that:

- If you are trying to sell in Prism market now, expect at least 20 lakh less than dealer-quoted prices. If you try to sell at dealer-quoted price, you will never be able to sell.

- Devaluation of rupee in reality means a decrease in the value of
your property - IF prices don't rise at same time, which is what is expected : Prices will not rise if devaluation happens in next 1-2 years. So it amounts to a further loss in the value of your property.
Awan replied on Sunday, October 8, 2017 09:39 PM PST 

@Nabeel sorry to say brother but you have just broke the legs of basic economics concept. And also all those who are co-relating devaluation of paper currency with property value. Paper currency has no intrinsic(real) value but it has extrinsic value while property(in any form) bears intrinsic value. So in real terms if paper currency depriciates the property OR any other tangible assest(having real internal value)apriciates in real terms.
So if pak rupees devalution occurs it will positively impact properties in any form.
Awan replied on Sunday, October 8, 2017 09:40 PM PST 

Broken*
Salman replied on Sunday, October 8, 2017 10:12 PM PST 

The Lahore market will not go up due to the fact that DHA has killed the market with over supplied plots, and secondly the GT road clients and South Punjab clients have been stopped in Gujranwala, Bahawalpur & Multan.
Third, there is no charm left in one kanal plot (for example) due to heavily development charges. As a buyer of one kanal plot we have to pay in three years approximately 2.5million to DHA Lahore in terms of development charges, transfer and stamp duty fee. In the three years plot price will not go up more than 4 million, so at the end only DHA is making money and nothing left for the buyer unless he hold the plot for ten years.
Khurram11® replied on Monday, October 9, 2017 04:19 AM PST 

Dear all,

Why is it so hard to understand the economics of PKR devaluation? It's going to happen. It will negatively impact the existing investors whose investment value in $ will reduce. However it will greatly benefit the potential market as the property prices will become cheaper for foreign investors who will buy more that will improve property market current slump in transactiom volumes.

It is just like the impact on Gold. When PKR depreciates, the existing investors loses a little however it becomea cheaper in real value to the entire market so they buy more that also shoots up gold prices.

So all in all depreciation would be good for potential investors of real estate, gold and FX investors while the ones who really loses out are the ones who have invested their wealth in fixed income deposits, PLS saving schemes, basically those who are invested in interest based PKR investments.
Nabeel® replied on Monday, October 9, 2017 04:25 PM PST 

For brother Awan:

Sorry sir, but economics doesn't work that way. You are saying that if paper VALUE decreases, then tangible asset VALUE increases. There is no such correlation.

In practice, upon devaluation, asset PRICES (not VALUE) increase to cover up the loss in worth of the currency.

However, the current real estate market is such that prices cannot increase, hence if prices remain constant, then devaluation of rupee will have a net negative impact.

Let me illustrate by an example: If rupee is devalued by 10%, then market should react and property prices should rise by 10% . This would ideally make the VALUE of the property still the same in real terms. Means if plot of 1 crore should rise to 1 crore and 10 lakhs, then existing investors will not lose anything. Their purchasing power would remain the same.

In current market scenario, real estate prices are in stagnation and will not arise upon devaluation. Hence a 1 crore plot, if remains a 1 crore plot after devaluation of rupee by 10%, means the plot has lost its value by 10% in real terms.

Hence existing holders lose, new foreign investors may make money if prices remain the same, as they will get more rupees for their foreign exchange.
Muhammad Asif® replied on Monday, October 9, 2017 04:44 PM PST 

Yes theoretically it is the way how depreciation works, investment/ product become cheaper for new buyer who starts buying and eventually price come to the same level in rupee in real terms(from 100 to 110 in case of 10% depreciation) so no loss to previous holders as well. But this works assuming all other relevant factors constant.
But this time is different, potential buyers are already in very weak position due to middle east financial situation. Country's political situation is another factor which will also contribute to recession.
On top of all country's financial position is not good at all, the heat we will start feeling after few months.
We also dont have enough genuine buyers (buyer to construct home) for the supply of plots we have, not at least at current prices.
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(74)
   DHA Multan Pakistan File Rates Update
Saturday, September 23, 2017 02:25 PM PST 
Reply: >
LRE Rates Updates

DHA Multan Files Prices Update


DHA Multan Affidavit (10 Marla) 34.80 Lacs 23/09/2017 Call Mian Fawad +923024489001 & Adil +923224009766
DHA Multan Affidavit (1-Kanal) 49.00 Lacs 23/09/2017 Call Mian Fawad +923024489001 & Adil +923224009766
DHA Multan Allocation (1-Kanal) 47.00 Lacs 23/09/2017 Call Mian Fawad +923024489001 & Adil +923224009766

DHA Multan Residential Installment Plot Files Buyer Prices Update


5 Marla Buyers at 4.60 Lacs Seller Demands at 5.10 Lacs (Booking Price 20 Lacs in 3 years installments) 23/09/2017

8 Marla Buyer at 5.10 Lacs Seller Demands at 5.60 Lacs (Booking Price 30 Lacs in 3 years instalments) 23/09/2017

10 Marla Buyer at 7.00 Lacs Seller Demands at 7.50 Lacs (Booking price 35 Lacs in instalments) 23/09/2017

1 Kanal Buyer at 5.10 Lacs Seller Demands at 5.60 Lacs (Booking price 68 Lacs in 3 years installment) 23/09/2017

2 Kanal Buyer at 10.50 Lacs Seller Demands at 11.00 Lacs ( Booking price 130 Lacs in 3 years in instalments) 23/09/2017
Contact On These Numbers For Buying And Selling
Fawad +923024489001
Jawad +
Jamshaid +
Ihsan +
Nouman +
Umair +

DHA Multan Commercial Installment Plot Files Buyer Prices Update


4 Marla Buyers at 24.00 Lacs Sellers Demands at 25.00 Lacs ( Booking price 175 Lacs in 3 years installment) 23/09/2017


8 Marla Buyers at 24.00 Lacs Sellers Demands at 25.00 Lacs ( Booking price 350 lacs in 3 years in installment) 23/09/2017

Contact On These Numbers For Buying And Selling
Fawad +923024489001
Jawad +
Jamshaid +
Ihsan +
Nouman +
Umair +
Note:(Sellers must pay own membership fee (Rs.64160 ) and any seller taxes when or if imposed.
All seller are must required to travel to DHA Multan for transfers and pays his own travel expenses)


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dha multan 5 marla payment plan,dha bahawalpur file rate,dha gujranwala file rates
Awan replied on Saturday, September 23, 2017 02:26 PM PST 

What has gone wrong with Dha Multan cash file?
Mubeen Asghar replied on Saturday, September 23, 2017 05:14 PM PST 

Asslam a alaikum,

Sir Awan,
Nothing, just a little correction had happened plus there is an overall depression in market due to political unstability, you will see a sharp rise near balloting, which is expected in next year.

Thanks
Mubeen Asghar
+
Lahore Real Estate
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(73)
   AS
Wednesday, September 20, 2017 06:50 AM PST 
Reply: >
Possesion Year of L Block Prism Phase 9 D.H.A
Respected LRE,
AOA,
Please to inform the expected possession year of L Block Prism 9, because I have 10 Marla plot in L Block and I want to build house on this plot.
Also please to inform about the fine if instalments of development charges are not paid in time.
REGARDS
ShahzadQamar® replied on Wednesday, September 20, 2017 10:53 AM PST 

Forget about building house in Prism at least for next 5 years. Possession impossible before 2022.
Regarding delay in installments, i dont think its good idea. Although the fine would be around 50 per day for each installment delay, but if you for example do not pay all four installments for the year, the total fine within that year only - will be ~50,000 RS. If none is paid in 3 years time, overall fine for 3 years period only will be more than 450,000 for 10M. After 3 years, fine will be almost 900 per day and trust me its not a good idea not to pay installments on time for DHA.
Saleem replied on Wednesday, September 20, 2017 12:38 PM PST 

I think it seems impossible that dha will give like A,P,C,Q upper blocks in next 5 years. And for block like L it may take 6-7 years unfortunately.
Tahir replied on Wednesday, September 20, 2017 05:27 PM PST 

OHHH then where is DHA promise of fast track development ????
Nothing is sure in Pakistan so we cant trust at any one including DHA.
Awan replied on Wednesday, September 20, 2017 08:57 PM PST 

2022? I think they will start giving possession from first quarter of 2019 blockwise. Development is taking place at good pace if not excellent. Please see latest videos by LRE
Saleem replied on Wednesday, September 20, 2017 09:55 PM PST 

Awan bhai why are you mid guiding people. You can see from videos not a single block development completed by even 20% in 2.5 years how they are going to hand over in 2019 upper blocks. Stop building castles in air and misguiding people.
USA DOC replied on Wednesday, September 20, 2017 10:29 PM PST 

Development started February 8, 2016
So only 1.5 years now into development
Check facts
Saleem replied on Thursday, September 21, 2017 03:44 AM PST 

Ok lets see how much they develop till january. The status would be same like it is now. We have already seen their fevelopment pace in 1.5 years. You seem to be a new one we have seen them developing phase 5, 6 ,7 ,8 and even 5 M block which was just one block
Awan replied on Thursday, September 21, 2017 09:46 AM PST 

Saleem sb. I will not respond to your comment as i know what problem you have with prism
Awan replied on Thursday, September 21, 2017 09:50 AM PST 

If people will be misguided by mere a comment about Prism. Then those people will be your likeminded. Ajj kal dunia buhat hushyar hai ap ki tarah dumb nahe jo itni asani se mislead ho jaye
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