Lahore Real Estate Forum

Monday, December 15, 2025 07:52 AM
Total Records: 10   Records Viewed Per Page: 10
 
(10)
Wednesday, October 5, 2016 09:32 AM PST 
I will be away for a while again

Dear friends I am fully exhausted running website and running 100s WhatsApp groups together with taking 100s calls answering emails SMS and coordinating deals etc so couple of days ago I have requested LRE management team for at least few months off time from running the website affairs.

I simply dont have enough energy or time anymore to run everything by myself and desperately need some oxygen.


You can still reach me via WhatsApp and SMS or regular calls.

Choudry Mujahid Yasin ( CMY )
+ for WhatsApp texts and SMS and + my USA cell number for regular SMS and calls

Junaid replied on Wednesday, October 5, 2016 10:08 AM PST 

Stay healthy and safe CMY sb

Habib replied on Wednesday, October 5, 2016 12:32 PM PST 

Have a Nice Break

4fsaeed replied on Wednesday, October 5, 2016 12:53 PM PST 

Happy holidays !

mkbkhalid® replied on Wednesday, October 5, 2016 02:08 PM PST 

Stay healthy and safe Mr. CMY

Observer replied on Wednesday, October 5, 2016 02:18 PM PST 

Stay blessed

monger replied on Wednesday, October 5, 2016 02:51 PM PST 

http://tribune.com.pk/story/1193573/dha-govt-considering-downward-revision-property-valuations/

Irfan Peerzada replied on Wednesday, October 5, 2016 02:53 PM PST 

Yes take rest please.

Just a thought everyone here is doing work or business to support his family and kids. And similarly you are runing all of these whatsap groups & website to earn handsome income after all, from your post it seems like some one is forcing you to do so.

Just on a lighter note. :)

Saad Khan replied on Wednesday, October 5, 2016 02:59 PM PST 

Yes at some point in time Rest getting more important than money matters, after all money is something but not every thing.Enjoy life and stay helathy.

KSA® replied on Wednesday, October 5, 2016 08:08 PM PST 

Stay blessed always

Ch Khalid UK® replied on Wednesday, October 5, 2016 09:11 PM PST 

Wish you a wonderful time

AHMAD HASSAN® replied on Wednesday, October 5, 2016 09:14 PM PST 

Dear CMY, I pray for your health. But I am surprised when you say that you have to run everything by yourself. Translate your analytical skills, experience & mind into a system & let system to take care of your business. I will just give you an example that how system makes your life easy. If one send message Asslam o alikum, in reply you don't need to type Alikum Salam & waste your seconds. Let system to reply this. 😊

LOYAL PAKISTANI replied on Wednesday, October 5, 2016 11:24 PM PST 

.

MISS YOU SIR !!!

YOU ARE LIKE A FRUIT TREE.

REGARDS,

.

Jahangir Butt replied on Thursday, October 6, 2016 01:28 AM PST 

You have already done a reamarkable job but we need more from you. Come back soon...

Saad replied on Thursday, October 6, 2016 01:43 AM PST 

Irfan yes

User_19953® replied on Thursday, October 6, 2016 04:00 PM PST 

dear sir plz assess for collaboration this combined plug-ins is very good. big compaines like NASA, LinkedIn and Spotify are using it for collaboration management.
slack.com
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(9)
Tuesday, October 4, 2016 04:06 PM PST 
Should I sell DHA to buy in Duabi?

Dear All, i have a 10 Marla house in Defence Raya phase 6 Lahore,the rental in that area is low, and even the prices of 10 Marla houses are less as compared to houses outside Raya. i was thinking of selling it and buying a studio in Dubai, as i have a loan that i took to buy the 10 Marla house, and since bought,it is vacant due to no kitchen/wardrobes in the house. I recently got the kitchen & the wardrobes made, but if i compare the ROI/rental income in Pakistan vs Dubai, it is still more in Dubai. Kindly advise whats best to do as per your knowledge. Should i keep the 10 Marla house and give it on rent? Rental is 45k-50k PKR. Thankyou in advance.

Umair replied on Tuesday, October 4, 2016 05:09 PM PST 

Your cost of capital exceeds rate of return. Should exit before interest expense eats up all your savings.

Pakistan® replied on Tuesday, October 4, 2016 05:30 PM PST 

rentals are coming down in dubai too ... already 10% decrease this year

give it another 6 months to see how dubai reacts

User_19533® replied on Tuesday, October 4, 2016 06:01 PM PST 

Dear Umair, i did not understand what you are tryingto say. Kindly explain :(

Habib replied on Tuesday, October 4, 2016 06:06 PM PST 

Give us example what you are getting in Dubai at what price what is current rent and what maintenance plus cooling etc.

User_19533® replied on Tuesday, October 4, 2016 06:31 PM PST 

in Dubai the rent will be atleast around 90k PKR for the same amount of investment. i have no idea about the maintainenece charges/cooling charges. can anyone guide me on it?
will the prices in raya appreciate more?

Farooq replied on Tuesday, October 4, 2016 11:16 PM PST 

I am thinking of buying a house in Defence Raya. Can anyone update on the construction quality, living conditions, facilities and cost of 10 marla house in Defence Raya.

User_19533@, how much did you pay for the house.

User_12115® replied on Tuesday, October 4, 2016 11:57 PM PST 

Raya construction quality is better than Askari 10 or 11
Three contractors were given task to build ten marla houses in Raya - two of them were external while houses from TM50+ (old numbering now 285+) were constructed by RAYA themselves as their contractor left pretty early.
I own a house there and have frequent visits there, 35% of 10 marla houses were occupied in last 8 months only and once ten marla occupancy is 90+% - you can expect a price increase in rental and its value.

moreover, raya lacks in commercial which will be handed in 2 two years which may increase the prices.

Pakistan® replied on Wednesday, October 5, 2016 12:39 AM PST 

maintenance charges minimum is 15 aed per square feet

Jameel Mughal® replied on Wednesday, October 5, 2016 04:17 AM PST 

Get the average rent of last 10 years, then exclude 33% as maintenance and other cost, Then calculate rental yield, If you was not not able tos stay. You may have to hand over to some maintenance company who will charge about 10% of rent anally.
In Dubai if you are land lord then you are responsible for all maintenance, I am living in Building hge 3 bed plus maid room, Prime location Current rent 125K annual, I am sure the owner is not getting more than 40 K per Flat Profit in pocket, Too Much Leakage of money every one AC, Lift Natoor, his Own Company Exploiting.

Nabeel® replied on Wednesday, October 5, 2016 04:23 PM PST 

Any views on Icon Valley (next to Bahria Orchard)? 11 Marla house prices seem similar to 10 marla houses in Defence Raya?


Jameel Sb is right - After excluding service charges and real estate management fees, there isn't much left in this scenario of studio.

Saad Khan replied on Wednesday, October 5, 2016 10:07 PM PST 

Whats the point of high rental yielding if the studio value itself decresing?

Jameel Mughal® replied on Thursday, October 6, 2016 01:20 AM PST 

I am in Abu Dhabi, The Building I am living had rents 55 to 60 In years 195 to 2001 [when it was new then there was Slow increase, I came in 2005, at 75K, then slow 5% some years 10% increased now my rent reached 130 [Govt paying] However from new renter they are asking 125. Now it 21 years old but well maintained. Each Floor have only 2 Flats only drawing room is bigger than many 2 bed Flats 18X42 feet.
Every Now and then renter are bother owner, renovation of Kitchen baths etc etc, i am sure owner is not getting much out of it,
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(8)
Saturday, September 24, 2016 07:47 PM PST 

Any one has this news that Govt is thinking to revert back the changes after witnessing this huge revenue loss in first quarter?

Saad Khan replied on Saturday, September 24, 2016 08:04 PM PST 

Actually in next 15 to 20 days..

Local Hunt replied on Saturday, September 24, 2016 09:50 PM PST 

Any news about reverting back.Is it true that our gov is thinking to revert tax?

User_19953® replied on Saturday, September 24, 2016 11:11 PM PST 

it was neither govt who implemented this nor they will revert back. It is lord IMF :)

FAA.awan® replied on Sunday, September 25, 2016 05:03 AM PST 

Yes,the news is true,the source is C42. news channel.It was told that LDA is facing a huge loss in every month which can be in billions in coming days.LDA earned billions by approving new maps and charging transfers fee which is zero now a days.LDA authorities are upset and they reported it to Punjab Govt and the govt is also taking it serious.DC rate could be implemented once again by making a few changes in it.If the govt does not do so,then it will have to face the music.It's a great positive news for property lovers after a long time.

Saad Khan replied on Sunday, September 25, 2016 11:04 AM PST 

I am from karachi and here the dealers are under this impression that changes is going to revert back in next 15 to 20 days. Buying activities are also picking up here after Baqra Eid in anticipation of this news as buyers won't see these prices once changes revert.
Note:I also have the holding in prism too.
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