Expert opinion required

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What are the chances that DhA-Town,s 120 feet road will be joined with R block near 216 R block?

C Block initimation letter

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Has any one received intimation letter for C-Block 1K?

:h :flg

Where to invest in Prism R block?

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A lot of people are asking about where to invest in the R block. This is my personal opinion (disclaimer: my personal opinion = my personal opinion. Please know that I do not have any investments in R block yet and there is no vested interested of mine to promote R block).

- I would strongly suggest investing in ‘clean’ plots around the APARTMENTS and PLAYGROUND. By clean plots, i mean plots that are not facing school, farmhouse, waterworks, boundary or masjid. It hurts me to say this but masjid plots are relatively more difficult to sell because of the traffic that accumulates during prayer times.
- All 10 marla plots on the 120’ road are gold plots. Just make sure they are not too close to the factory.
- All 5 marla plots on the 60’ road close to the playground are gold plots.
- All corner plots close to the park, apartments and playground are diamond pots (except for the ones facing the masjid, the boundary or the water works).

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Anybody received Prism "R" block intimation latter?

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Dear LRE Team , I signed NDC for this plot for 93 lacs with dealer saying (market is not good ) but on Thursday when i came to Lahore from Pindi ..other dealers were offering 120 lacs ( 2 installments paid as well as I am a retired army officer)..
What can i do now ? i dont want to sell it for 93 ( dealer has taken 4 weeks time and given me 5 lacs biyana )


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i am fed up with people saying phase 9 will be developed in 5-7 years reason being dha management failed to develop and handover phase 7 and phase 8 within 3 years. bhai there was lots of ligation problem in phase 7 which caused an unwanted delay in possession similarly too much deep land in phase 8 was played a major role in slow development pace. phase 9 neither has litigation issue nor land is unreasonably deep which would stop dha not to develop hence handover it within 3 years.
i believe in Dha`s promise to develop it within 3 years
:)


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Permalink > DHA Lahore Phase 7
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Dear CMY, Ahmet, LRE team and all respected property Gurus,

Today I received my allotment letter and got surprised to see my plot no. Changed from B-245 to E-488 in Prism.

Could you please advise whether this new location is better or not as compared to previous.

I will be grateful if you can evaluate it's current price and also advise whether I should keep it or sell.

Thanks
Kind regards,

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Hi all! I know this is not completely relevant to the kind of forum this is but nevertheless its always good to get advice from wherever one can.

I have recently purchased a 1 kanal plot in prism with a view to build a house 5 years down the line. I currently own and live in a 12 marla house in Askari 8. The plan is to sell this house (Askari) and use the money for construction when prism is ready.

My question is: what is the best way to finance the construction. Should I

a) sell Askari first, and live on rent for a year until construction is complete:

b) use Askari house as collateral to take out a loan from a bank for construction

Or are there any other options?

I know im planning wayyy ahead of time but i just want to be mentally prepared for the decision.

Thanks

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START OF DEVELOPMENT WORK IN PRISM

Most likely the work would start as per following sequence
1. Development of major roads (150 & 120 feet) all over the phase
2. Development of 2-3 blocks simultaneously.
3. In my point of view it will start from A, B & Q blocks (personnel assessment based on location, no work on LRR, easy accesses from already developed areas etc). It may skip B block temporarily due to a large excluded area.


Thus In my point of view it is going to be
A & Q

Followed by C,D, P & R

ANY EXPERT OPINION?

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Bahria townLahore Non-Construction Charges Policy
Posted: 26 Jan 2016 09:38 AM PST by Hussain Kaisrani
Bahria Town Lahore management imposed Non-Construction charges of Rs.500,000/= per year for 1 Kanal plots with effect from February 28, 2016. This is applicable to all projects for which possession was announced more than 3 years ago. Bahria Town Lahore Sector C and Bahria Orchard phase 1 members are specially affected by this decision.
Bahria Town Lahore announced possession of its Sector C plots around 7 years ago. As per Bahria Town policy the non construction charges were applicable after three years of possession announced (without an affect whether an owner applied for possession or not). This decision of Bahria Town is a tactic to populate the area. With the start of construction activity in the area, the business activities boost up followed by increase in the market rate of plots.

We should understand that Bahria Town is not a missionary organisation. It keeps on taking steps and measures that investors and buyers are attracted to its projects. When members are in the position to earn high, it is then Bahria Town's time to take its share from their high level profit.

The ground reality is that the rates of Bahria Town Sector C possession plots have increased at least Rs.15 Lac during last one year. This trend does not seem changing in near future due to limited supply and high demand for Sector C plots. The uncertainty issue of Lahore Ring Road Route has made the Sector C and other possession plots first choice of contractors and residents. Bahria Town management understands this fact and wants to take its share either from profit, construction fees or transfer fees. Whatever decision an owner of possession plot takes, Bahria Town will be earning at least Rs.500,000/= from a 1 Kanal plot.

This non construction fee is likely to increase in coming years. If members have no plans to construct a home on its plot, it is better to shift the investment in other projects. Even within Bahria Town projects there are many options where non construction charges are not yet applicable.