Lahore Real Estate Forum

Monday, December 15, 2025 04:43 AM
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(421)
Sunday, September 13, 2020 10:14 PM PST 

My friend has a house in Falcon complex, it was purchased by his father, but the Mukhtar e aam is in my friends name. He wants to know his legal status as to can he sell the house?

waseem replied on Monday, September 14, 2020 12:49 AM PST 

Yes. He can.
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(417)
Wednesday, October 10, 2018 03:40 PM PST 
Merger

Heard that meger between KEMC society on defence road and dha rahber is on advance stages..is it true.who will benefit more.
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(416)
Tuesday, September 18, 2018 07:25 PM PST 
NON-FILERS CAN BUY PROPERTY OF ANY AMOUNT

BIG NEWS: Non-filers can buy property of any amount. Up to 50 Lacs restriction is removed. Will impact positively on market for sure.

chouhdry replied on Tuesday, September 18, 2018 08:15 PM PST 

GREAT NEWS!

Investor replied on Tuesday, September 18, 2018 08:22 PM PST 

Property will definitely boom!

Investor replied on Tuesday, September 18, 2018 08:22 PM PST 

Property will definitely boom!

Fraz replied on Tuesday, September 18, 2018 08:26 PM PST 

And the country will lose. Welcome to Naya Pakistan !!!!

Tariq ch replied on Tuesday, September 18, 2018 08:35 PM PST 

Restriction was imposed in this financial budget of 2018, whereas, property market crashed two years back in June 2018.

So it seems likely that overall property market will boost immediately.

However DHA market has some exceptions where 9 Town prices increased 30 to 40 % in dead slow market

Tariq ch replied on Tuesday, September 18, 2018 08:37 PM PST 

Correction
It seems Unlikely

Junaid Akram replied on Tuesday, September 18, 2018 09:12 PM PST 

Obviously great news for property market. More investment opportunities will help boost this sector thanks to this government.

Free_man replied on Tuesday, September 18, 2018 09:26 PM PST 

New Dha like Multan and BwP were benefiting from restriction of 5 million but now money will be more freely directed to Lahore. Good news

Adnan_Ali® replied on Tuesday, September 18, 2018 09:35 PM PST 

U turn government any time can take u-turn, so new investor will still wait and watch, Dollar/Rupee Value and stock exchange are other factors that will decide

investor replied on Tuesday, September 18, 2018 10:15 PM PST 

No change in property as it is stagnant because it is way over priced. Untill the income of people catch up with the property prices there would be no up turn. When property goes up every thing becomes expensive including rents, and hence it becomes unfeasible to open shops etc. This restriction was imposed just 2 months ago but the property has been down for the last two years

JUJ replied on Wednesday, September 19, 2018 01:16 AM PST 

Property went down when restrictions were imposed. It is stagnant for couple of years. Everybody at that time said property business has suffered due to Tax Filer and non-filer distinction. Now by any Newton's law it should go up.

Lahori_guy replied on Wednesday, September 19, 2018 05:27 AM PST 

Bad move for Pakistani tax system. This will only benefit property developers.

Warrior88 replied on Wednesday, September 19, 2018 06:36 AM PST 

Seems like tax authority will say hello letters to these non-filers in time , killing off the market! Seems like an FBR trap.

Pro_Pakistan replied on Wednesday, September 19, 2018 12:56 PM PST 

Probably good for real estate sector but not for the country. These restrictions were forcing people to become filers and come under Tax net. Now there is no motivation for them to be filer and they can do whatever they feel like being non-filer and do not pay taxes on their main source of income.

I am a filer and i feel this is injustice with Filers (mostly salaried class)

Sad day.

bilal replied on Wednesday, September 19, 2018 01:58 PM PST 

Good on the face but a regressive step. Will plunge the country into undocumented economy.

bilals replied on Wednesday, September 19, 2018 01:59 PM PST 

Good on the face but a regressive step. Will plunge the country into undocumented economy.

babloo replied on Wednesday, September 19, 2018 02:57 PM PST 

Although this policy will make people to invest in the property without the need of showing all of their assets to the FBR. but just think.
1)Overseas donot have to pay tax on their income.so they only have to pay double tax when transferring the property to their name.which is good.
2) Pakistan residents are not exempt from income tax. so they would be already filling the tax returns.and if they are not filling the tax returns and hiding their wealth halal or haram.life will be easy for them unless haram income is traced by the anti corruption dept. I think property price will increase but not as in 14 and 15.

babag replied on Wednesday, September 19, 2018 05:33 PM PST 

Overseas Pakistanis used to buy the Properties in Pakistan rather than depositing the money (savings) in foreign country, as they feel the money was save for their future when they return to their own country Pakistan and also at the same time growing in value. with the law that only filer can buy property, it became difficult for the Overseas investors, So they started investing in their foreign country itself.thus reducing the FDI in pakistan. So I feel this is a good policy to let overseas Pakistani to buy property without filling the returns.

Mirza replied on Thursday, September 20, 2018 06:41 AM PST 

Some people believe that its a trap for resident non-filers.

Also, non-filers will be paying even more taxes on transfer of property.

What are your thoughts ?

Ahmad replied on Thursday, September 20, 2018 04:23 PM PST 

I live abroad and it was a puzzle for me to buy a property in Pakistan. I think, it is a good step to allow non-filers to buy property. As far as 'trap' mentioned, i don't mind receiving a letter from FBR to explain my source of income. We should do honest business and there should be no fear of 'trap'. The legal tax we pay for our country is good for all of us. We anyway pay hefty taxes while living abroad and never complain :)
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(414)
Wednesday, April 12, 2017 08:45 PM PST 
INVESTMENT OPTION

DEAR EXPERTS LRE, SURFER, NAEEM MUGHAL ,CMY SB

WHAT IS THE BEST INVESTMENT OPTION IN 3.5 MILLION AT THIS TIME FOR 2 TO 3 YESRS,


GIVE VALUE ABLE SUGGESTION
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(413)
Thursday, September 22, 2016 11:45 PM PST 

Plz guaid me

Best option for rental incom in 2 million ?



:h
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(412)
Wednesday, August 10, 2016 04:40 AM PST 

I am buying one kanal plot.the owener is outside country and is giving power of attrony to some of his relative for sale of plot.my question is ,is it legel?which things should be kept in mind for doing bayana and transfer.plz help me

Saeed replied on Wednesday, August 10, 2016 11:20 AM PST 

If the plot is in DHA, it would require seller's physical presence for transfer.

User_19995® replied on Wednesday, August 10, 2016 01:30 PM PST 

Yes it can be done.

Now the system is computerized i had given Power attorney for selling my plot and went to land record department. First they did NADRA verification. Then they took photo ask some questions about the land then they issued paper for Power of attorney.

It can also be done i think if some one is not there through embassy that detail i dono much as i was physicaly present when i gave power.

As even though things are better and records are computerized still it can be forged. Just speak the owner itself also to be safe. As some one might be selling on behalf of him.

This is the only thing u need to check else it is legal and normal thing

User_19995® replied on Wednesday, August 10, 2016 01:37 PM PST 

Also you need to check the names matching with ID card and all the docs with power of attorney of the original owner of the land.

You can also verification of the owners and status from land department.

After all these verification you can give bayana.

bilal replied on Wednesday, August 10, 2016 01:41 PM PST 

Dear Experts! I want to construct one kanal house with basement in DHA. Kindly suggest me How much it will cost me for complete construction of the house.
Your opinion is highly appreciated

Adv. replied on Wednesday, August 10, 2016 01:54 PM PST 

Although there is nothing wrong in this BUT It's better to avoid such deal. Try to go for a straight-forward and hassle free deal with a seller who is physically there.

ShahzadQamar® replied on Wednesday, August 10, 2016 02:45 PM PST 

Avoid heavy Biana till you get all the paperwork done / embassy verified and sent via courier to your agent and you have seen it yourself and is confirmed by respective society that it is sufficient to proceed with transfer.

replied on Wednesday, August 10, 2016 06:44 PM PST 

thanks everyone.more information will be appricated.

Waseem® replied on Wednesday, August 10, 2016 10:47 PM PST 

All you need to do is verify the power of attorney. The payment should be in pay orders/ demand draft in the name of the owner.

replied on Thursday, August 11, 2016 01:36 AM PST 

HOW to verify the power of attorney?payment in the name of owner or the person having attorney?
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