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Monday, December 15, 2025 06:23 AM
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(166)
   thinker
Monday, June 13, 2022 11:36 PM PST 
Reply: >
Will 1% tax be charged on plots as well or just built up property. As you cannot be getting rent for a plot
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(165)
   thinker
Thursday, March 10, 2022 10:25 PM PST 
Reply: >
No one is posting on the site these days. Looks like people have lost interest in property.. What are the member opinion future direction of property.. Is there any rise in the next 1 to 2 years ?
amjad replied on Friday, March 11, 2022 01:44 PM PST 

Mkt is over-supplied
Tahir Ch replied on Monday, March 14, 2022 04:16 PM PST 

I as well as some other friends were expecting some correction in rates but after one year it looks like increased rates have been settled and people are not willing to decrease their profit.
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(164)
   RFM
Thursday, January 20, 2022 07:33 AM PST 
Reply: >
AoA,
What the current price range of PRISM H-1168
When is possession expected ?
What would be the price after possession?

Jazak Allah
Thinker replied on Thursday, January 20, 2022 08:27 PM PST 

Possession in prism is always just 2 months away at any given time for the last many years.
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(163)
   thinker
Sunday, October 17, 2021 07:01 PM PST 
Reply: >
With increasing prices of cement, bricks and steel, and further devaluation of Rupee, what do members think about the future of construction activity in Pakistan
Azzzha replied on Sunday, October 17, 2021 11:21 PM PST 

V bright
Cons replied on Monday, October 18, 2021 01:01 PM PST 

Its is not the first time inflation hit, Dunya chalti rehay ge :)
Arhum Arhum replied on Monday, October 18, 2021 03:14 PM PST 

Builders will keep building as long as there is demand and right now there is still high demand. Even when demand returns to normal (pre covid levels), there will still be genuine customers who want houses. We are still facing an annual growing housing shortage so construction activity will never die out in years to come because people need a home to live in and markets to shop at.
Rizwan replied on Monday, October 18, 2021 03:43 PM PST 

Now it has become expensive. There should be an alternative way for affordable housing like apartment buildings. Demand of 3 marla houses will increase as it is the only last option in cheap housing.
alpha replied on Monday, October 18, 2021 04:44 PM PST 

Mortgages will become more common I guess
Arhum Arhum replied on Wednesday, October 20, 2021 03:03 AM PST 

Rizwan, current hike in all construction materials is due to various reasons. Internationally, commodities have become expensive as supply has lagged and failed to meet sudden demand after covid lockdowns leading to higher construction costs and secondly, government relief has also led to sudden demand increase and higher prices. These effects will be short-lived.

As for mortgages, government is trying to encourage banks to lend more to construction as well as private sector but after lending fiasco post-Musharraf era, banks are very reluctant to lend money to private sector and much more happy to keep their money in long-term bonds which are risk free. I don't think mortgages will become common until Pakistan's closure laws drastically change and become profitable for banks (as in US).
Malik A replied on Wednesday, October 20, 2021 07:43 AM PST 

Cement sales are already down 12% in Sept showing the long term trend. But increase in price of cement and steel may start easing in 9-12 months as Intl Commodity Mkts/Supply chains return to normal.
Malik A replied on Wednesday, October 20, 2021 07:45 AM PST 

Cement sales are already down 12% in Sept showing the long term trend. But increase in price of cement and steel may start easing in 9-12 months as Intl Commodity Mkts/Supply chains return to normal.
alpha replied on Wednesday, October 20, 2021 01:13 PM PST 

aluminum forward contracts are at all time high - aluminum is a better predictor of inflation ( than copper ) since it requires smelting etc. Cement , steel cartel barons of Pakistan will keep on milking it till the international prices come down - which may be a long haul
Arhum Arhum replied on Wednesday, October 20, 2021 05:10 PM PST 

Indeed alpha, lots of commodities are at all time high prices. But this is because of sudden increase in demand due to covid relief measures including lower interest rates. Demand will return to normal as we are already seeing increasing interest rates and other measures to reduce inflation, so demand will go down and come to normal levels again. On the other side, supply is also trying to catch up to demand. I don't know when or in how long demand will return to normal but hopefully very soon in a couple of years.
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(162)
   DHA Phase 7 Lahore | Current Files & Plot prices | Latest Development Activities | October 2021
Saturday, October 2, 2021 09:47 PM PST 
Reply: >
DHA Phase 7 Lahore | Current Files & Plot prices | Latest Development Activities | October 2021
DHA Phase 7 Lahore | Current Files & Plot prices | Latest Development Activities | October 2021



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Thinker replied on Saturday, October 2, 2021 10:03 PM PST 

Very good progress in Phase 7. I think after Phase 6, the next phase to fully develop will be phase 7. Prices are still low, so lots of people can purchase plot and build a house. Fairways is developing nicely and with Mcdonalds and other restaurants it would soon become a nice place to live.
Qaiser replied on Saturday, October 2, 2021 10:21 PM PST 

Any news on Masjid in P,Q,S,Q,T and U blocks?
Any updates on Park in T/S block?
thanks
Arhum Arhum replied on Sunday, October 3, 2021 09:34 PM PST 

Thinker, if you've been holding plot for a long time having purchased good location plot at value of 2.5 crore or below, then I can see worth of investment. But right now, good location plot is costing 3+ crore which is not worth it because you'll see maybe 10-15% gains in 1-2 years time. The initial investment has become too large and it's still a 'maybe' because giving phase 9 possession of 2-3 blocks is definite by end of this year. Whatever your thoughts are on phase 9 prism, there is no doubt that it will definitely take away genuine demand from phase 7.

Qaiser, I am hearing very solid news that because mcdonalds has started now, park in sector Y will start early next year within first or second quarter of 2022. As for masjid, unlikely a masjid comes in P, Q or S blocks as R block masjid is close by for them. Much more likely that T or U block masjid starts in first or second quarter of 2022. I am aware that DHA has planned one masjid for early next year, can only speculate the location but most likely T or U block.
Tahir replied on Monday, October 4, 2021 12:09 PM PST 

AOA
I am a non DHA investor but used to see increasing or decreasing rates in DHA as many relatives have investments there. In 2015 my cousin purchased a 1 K good location in W block DHA phase 7 amounting to Rs. 1.25 Crore. At that time all friends were abusing him along with me as well. From the owner he purchased was selling because he was going to purchase two plots in DHA 9 Prisim. Actually the purchaser was living in USA and did not have any experience of investment in real estate and on recommendation of any friend he invested in Phase 7.

In 2015 in Blocks B and Q demands were 80 and in R, N, M and H etc. demands were 60 in Phase 9. So 80 + 18 = 98. Although Phase 9 has some edge at present and there are prominent chances of increasing of investments there but as we were expecting Phase 7 is a border area and People have to shift in other localities as tension will increase with Indea and keeping all these things in mind investments are going to stuck there.

So at the end investments have increased in Phsae 7 as well.
Lost... replied on Monday, October 4, 2021 04:08 PM PST 

Dear Tahir, are you saying that in case of any conflict with India, Phase-7 will be a more dangerous place to live compared to Phase 6, 8, and 9?
Tahir replied on Monday, October 4, 2021 06:02 PM PST 

Dear as I mentioned that I am living outside DHA and I think phase 7is situated on BRB so that BRB was last defence line in 1965 war saved by Maj Aziz bhatti so I think so. However I have not seen physically DHA phase 7
alpha replied on Monday, October 4, 2021 06:13 PM PST 

Sir Tahir - you are right - Phase 7 touches the BRB canal. I think Arhum sb. is saying that Phase 9 has yet to fetch a the possession dividend ( which can be 1 crore or 1.5 crore ) - hence there is juice still in Phase 9. The better location of Phase 9, I believe is already accounted for in the current plots prices - however I might be wrong as I am not an expert here. Phase 9 has an edge of Phase 7 in the sense that the it is protected by the Hudaira drain and the enemy will have to literally swim through our *)(* to get to phase 9
Arhum Arhum replied on Monday, October 4, 2021 07:31 PM PST 

Alpha, thanks for yet again making a joke out of the discussion. 7's train for investment is gone now, 9 prism's is only getting started. 9 prism is the future of DHA living and no other developing DHA lahore phase after it will come to match it in terms of location or living. The location of phase 9 prism is already accounted for in price, sure but once it gets possession, it will quickly close gap between itself and phase 7. Either phase 7 prices will see a crash which is unlikely or prism will see boom which is definitely the more likely scenario. Not to mention that without a doubt, phase 9 prism prices will double in coming time.

Tahir, it is not a matter of whether investment increases or not. Over long periods, real estate investment anywhere in DHA's developing phases will increases. It is a matter of how quick, how much will have to invest and what is return rate. Phase 7 return rate is low right now, in fact you are better off investing in Multan or other DHAs instead. And there are no concerns of war happening ever. 1965 was a special time when he didn't have atom bombs, now we do. In terms of safety, Phase 7 is fine
Tahir replied on Monday, October 4, 2021 11:35 PM PST 

I don't intend to break hearts or destroy pleasent atmosphere but for sake of arguments I will add that Kargil war of 1999 and 2001 Pak India tension when hundreds of bankers were constructed on BRB is a prove that there is still a chance for limited conventional war may be after 50 years. These were remarks of an Indian Army Officer, however an Army personal may explain it well either it's wrong or right.

As far as increase in prices of property is concerned, we see every property prices are linked with each other. Increase in Phase 9 have also increased dead investment of Bahawalpur, Phase 13 etc.

At present Please 9 has edge due to its location which is near to city and I mentioned rates of 2015 above. Can someone guide how much Phase 9 investors have been benefitted till date as compared to Phase 7 from the rates of 2015 as at present I don't have correct idea of prices.

Thanks
Tahir replied on Monday, October 4, 2021 11:40 PM PST 

The effects of war may be worse for Phase 6 and 8 or for whole DHA as well. I mentioned that an Army Officer may explain it well but still there are chances of conventional war may be after 50 years
alpha replied on Tuesday, October 5, 2021 12:01 AM PST 

Again, I am not an expert so take my opinion with a grain of salt. It is an efficient market - when plots double in price in DHA 9 ( or in any other phase ) the prices will increase ( by 80% or 90% ) in other phases of DHA as well.
Arhum Arhum replied on Tuesday, October 5, 2021 12:58 AM PST 

Tahir, what joke-like comments are these. I'm pretty certain now you are sitting overseas commenting on this issue. Anyone with a sane mind sitting in Pakistan will know that we will never go to conventional war in that sense again. Kargil war is perfect evidence to that, both sides de-escalated tensions when international community pressure came in due to risk of nuclear war. Only army propaganda nowadays that we are still at threat of conventional war against India especially on our border along Lahore! If there is any chance of conventional war it will happen in disputed territory or foreign soil not along Lahori border.

Alpha, may very well be an efficient market but only to a certain point. Developing phases act similarly only to a certain point and developed phases do not change much in prices. DHA phase 1-5 barely saw jump in prices unlike phase 7 or prism did. Phase 7's juice is running out, it will not keep on increasing forever. It is approaching its limit or cap.
Tahir replied on Tuesday, October 5, 2021 12:22 PM PST 

Dear Arhum, as I mentioned that an army officer may explain well that in 2001 being atomic force both countries deployed their force on Lahore border and hundred of bankers were constructed on BRB and you may google Gen Aziz statements on the issue the then Core commander, Lahore. However, your comments right or wrong were expected to be delivered in good and polite manner.

As you are a property expert and especially phase 9 Lover so we were expecting from you to explain compression on gains of Popular Phase 9 and Dead Investment of DHA Bahawalpur which gained from 25 Lac to 60Lab (1K) and same case is the case of Phase 13 Lahore and all happened in less then one year.
Tahir replied on Tuesday, October 5, 2021 12:51 PM PST 

and also the compression with Phase 07 from 2015 to date and all know that after population rate of increase in property are bound to stop or see very less gains.
alpha replied on Tuesday, October 5, 2021 01:39 PM PST 

Dear Sir Tahir - Lahoris generally prefer to be close to the border rather than away from it whenever the tensions are high. This has been the case since 1965. Even now, whenever the tensions are high, the Lahoris venture out to the border areas to help our brothers in the trenches
Arhum Arhum replied on Tuesday, October 5, 2021 06:58 PM PST 

Alpha you are a king of comedy! Well done!

Tahir, I am a Pakistani investor living in Pakistan not a dealer. When the Abhinandan fiasco happened back in 2019, I remember military was mobilising along border, tanks and aircrafts could be heard moving in Lahore. Then what happened? Absolutely nothing! Army is there to prepare for the worst possible scenario but in 99.99% cases the worst possible scenario does not happen when you have nukes! Only overseas Pakistanis get scared like kittens over such things.
Tahir replied on Wednesday, October 6, 2021 12:49 PM PST 

Dear I can only say that you are 110% right, however, I was expecting your comments as expert of Investment in DHA, what investors have earned from Prisim, and from dead investments which I mentioned above from May 2015 (Balloting date of Prisim). As far I know that my friend sold a average location 1 K in May 2020 in only 105 Lacs and dead investments also increased during this period almost 200 %.

Yes Prisim future from now to onward seem to be bright being close to city but what was profit ratio in past of Prism and other dead DHA areas as mentioned above, I think it is close to each other.
Arhum Arhum replied on Wednesday, October 6, 2021 04:02 PM PST 

Tahir sb, there is nothing such as 'dead investment' when it comes to DHA Lahore market or DHA in general. In short run, DHA market can act irrationally or speculation can be seen but in long run, you will always see good returns. Property market in Pakistan went through stagnation period from 2016-20 hence why you think it is a 'dead investment'.

If you're buying property in Pakistan, buy it with the mind of long run gains because if you look for short term gains, chances are you'll end up disappointed and sell at a loss or reduced profit.
Phase 9 prism investor replied on Wednesday, October 6, 2021 08:36 PM PST 

1000% agreed with Mr. Arhum Arhum. For every ones knowledge i bought a plot in B block in 2016 cost of land in 80 paid 20 lac development charges and costed me 105 lac approx. But i was in dire need of money in 2020 so sold at 95 after 4 years of holding at 10 lac loss. But right after one year now same plot rate is 250.
alpha replied on Thursday, October 7, 2021 01:04 AM PST 

Sir, what Tahir Sb. is saying that for pari passu comparison, last year has been crazy for all sorts of assets. Lithium doubled in price, containers cost increased by 5 times, US real estate market went up the roof, BTC broke $50K, USD crossed 170, MRNA vaccine went up 4 times. While the price appreciation in Prism reflects fundamentals ( location, iminent possession etc ) - but last year gave similar results for all sort of assets
Arhum Arhum replied on Thursday, October 7, 2021 12:31 PM PST 

Alpha, I can only touch upon reasons for why commodities and other assets have boomed. BTC was pure speculation as interest rates were lowered everywhere and people had savings they wanted to invest now that they were spending less as businesses were closed. The rest of the commodities you mention like lithium, containers/shopping, vaccines is all due to sudden increase in aggregate demand post-covid lockdowns. US real estate market once again boomed due to low interest rates and a changing social attitude of younger generation to own homes+older generation not willing to sell homes leading to high demand and low inventory.

For DHA property market, you fail to ignore the fact that prices were stagnant or slightly decreased from 2016 to 2020 April. In an efficient market, that does not happen. The market now is just making gains it should have slowly made from 2016 to 2020 April, a great lag took place. I don't expect prices of phase 7, 9 prism or any other developing phase to come down (at least not by much) even if market again returns to stagnation. Only files will be impacted by such a scenario. And let it be known, phase 9 prism has outperformed most assets and this is genuine growth. Prices of containers, lithium will return to normal and bitcoin will crash sometime in future but DHA property market will not crash or decrease in value as other temporary gaining assets/commodities have. There is a major difference. Investing in DHA is a sound investing decision, investing in bitcoin is foolish.
Old man replied on Thursday, October 7, 2021 02:01 PM PST 

Prisim saw a bad time from 2006 to 2010 and investors have to bear major losses. From 2011 to March 2015 there were minor profits or it was a stagnant stage. So I think investing in Dha is lucky for most of time but it my be bad time for some unlucky people for a specific long or short period. There are some chances it may happen in Dhv 10 or 13 as well.
Arhum Arhum replied on Thursday, October 7, 2021 06:46 PM PST 

Old Man, prism had not been balloted at the time. I will never understand prices of files, they go up and down very randomly. Again if you're buying file, keep in mind that it is a very long-term plan. Be prepared to hold your asset for 10-15 years if you want suitable gains.
alpha replied on Friday, October 8, 2021 03:54 PM PST 

Who acts as a market maker for DHA files. Is it that DHA indicates the price to its partner dealers and they set the price indicated by DHA ? If that is the case, if I am a seller and there is no buyer at that price, will DHA or the dealers buy the file ? I doubt that the price is determined by supply / demand
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(161)
   CPEC Updates
Friday, September 17, 2021 08:59 PM PST 
Reply: >
CPEC Updates
CPEC Updates
While presiding over the Senate Standing Committee on Planning & Development, Chairman Saleem Mandviwalla said the Chinese were not satisfied with the pace of work on CPEC “They are crying”, said Mr Mandviwalla, adding the “Chinese ambassador has complained to me that you have destroyed CPEC and no work was done in the past three years".
Special Assistant to the PM on CPEC Affairs Khalid Mansoor also endorsed Mr Mandviwalla saying the Chinese companies were not satisfied with the government’s institutions and their pace of work.
Source: https://www.dawn.com/news/amp/1646793
Arhum Arhum replied on Sunday, September 19, 2021 01:22 AM PST 

No one is satisfied with pace of work in Gwadar. Still waiting for that FDI to arrive in Pakistan...
Kamal Khan replied on Sunday, September 19, 2021 05:23 PM PST 

Three years (without progress) is a long era. On one side the Govt is linking Pakistan's future with CPEC but on the other no progress is reported for the last 3 years. Why do we have this situation. Any realistic and not politically motivated views please.
Thinker replied on Sunday, September 19, 2021 07:12 PM PST 

I think apart from incompetence, the other issue is that USA does not want CPEC or any more Chinese influence in the region, and they have insiders to make sure that their interests are preserved. Just my two cents worth
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(160)
   Muhammad
Tuesday, September 14, 2021 09:50 PM PST 
Reply: >
Future of Phase 9 Prism Commercial 4m
Dear CMY Sb and all experts here, Aoa,

Please shed some light on dha phase 9 commercial 4 marla files. Is it a good investment to do? Current rate is 330 where do you see this going in coming 2-3 years? Is it a good investment or risky one?

Thanks.
Opinion replied on Tuesday, September 14, 2021 11:57 PM PST 

Best investment of all times. Minimum plot in prism is 4.5 crore. Good is 6 and best 7 crore. But today file is not available less than 340 in market
Amjad replied on Wednesday, September 15, 2021 12:01 AM PST 

Commercial gains are un-matched. Today prism kanal allocation is at 175. Compare it with 4 marla comm file. Commercial file still very lucrative
alpha replied on Wednesday, September 15, 2021 12:42 AM PST 

Opinion sb/sahiba and Amjad sb. When can I construct a shiny plaza on the 330 lakh 4 marla file plaza, rent it and retire ?
Arhum Arhum replied on Wednesday, September 15, 2021 12:48 AM PST 

Commercial files of prism are very attractive however there is no availability in market usually. Commercials are always much better than investing in residential because buying a commercial plot/file is like purchasing a stock. A stock will give you dividend as well as capital gains over time and same goes for commercials, capital gains+rental income when you build it. But totally against holding commercials long term and using it for rental income because return on invesment is very low and not as good as plot trading. Once you feel commercial value is close to maxing, exit.

Issue of course is commercials are much more expensive so most investors get priced out. Prism commercial file is good opportunity, no doubt if you can get hold of the files.
Opinion replied on Wednesday, September 15, 2021 01:07 AM PST 

@alpha, sonay 330 lac main itnay mazay? Plaza banana hai tou phase 6 main 15 crore kharcho and enjoy karo
alpha replied on Wednesday, September 15, 2021 02:01 AM PST 

I am not sure phase 6 commercials at 15 crore. If they are, I do not understand the valuation. If they reap a rent of 5 lakh a month, it would take about 30 to 40 years just to breakeven. There are better investments.
For phase 9, the break even period might be longer. With the advent of malls and online shopping, who would need to rent a 4 marla commercial ?
Arhum Arhum replied on Wednesday, September 15, 2021 02:46 AM PST 

Indeed Alpha that is exactly my point. Phase 6 MB commercials are actually priced around 15 crore so makes no sense to use them for only rental income purposes because annual rental return is so low (around 5% on investment).

Which is why buy commercials at cheap rate, when you get possession, build them and put rent them out. Wait for good enough capital gains to be made, then exit and move onto next phase. With this scenario you get capital gains+rental income for some while. For example you buy a phase 9 prism commercial file today, hold till possession, when possession arrives and you think it will still make reasonable capital gains, then construct on the plot, rent out the building. Collect rent+cash out when you feel capital gains targets have been reached (lets say it hits 12 crore valuation).
Investor replied on Wednesday, September 15, 2021 12:47 PM PST 

Dha main jo milta hai pakar lo bhai prices tou barh he jani hain
SC replied on Wednesday, September 15, 2021 01:10 PM PST 

I have major issues with Prism commercial locations which are yet to be balloted.

Majority of them are in litigation areas (K block commercial in litigation area near Roohi Naala, F block commercial on Darbar location near ring road, H block commercial on top of Yohanabad etc.)

So forget about ballot and constructing a plaza anytime soon!!!
alpha replied on Wednesday, September 15, 2021 01:32 PM PST 

When will one be able to construct a plaza on a 4 marla commercial file? How long will it take to ballot and get a possession? I am not an expert on commercial property and have little knowledge of dynamics of 4 marla commercial in average to poor locations. I fail to comprehend good rental income from average to poor locations from a 4 marla tower. I need some education here ( in a non-condescending way Opinion). Please do not give examples of Y block market or Phase 6 MB. Their location justifies their economics ( rental demand, foot fall etc. ).
Business man replied on Thursday, September 16, 2021 01:19 PM PST 

All over the world businesses are at a sharp decline due to COVID-19. In pakistan the inflation and a sharp decline in valuation of Rupee has decreased the purchasing power of masses and resultantly business are at sharp decline. In other posh societies of the city like Valancia, Wapda Town etc. only banks are providing good rent and a lot of commercial properties are available for rent but there are no one to afford such high rent. In 3rd world countries where literacy rate is low online business were expected to come in the market after 5 to 10 years but COVID - 19 has dubbled the speed of on line businesses and these businesses have started capturing the market.

It is difficult to afford such high rents today so after more increase in the commercial property prices and subsequently rent will compel the business community to go for on line businesses.
Thinker replied on Thursday, September 16, 2021 02:20 PM PST 

Investing in commercial now is a very bad idea. The rental income will be too low, and if rents are low then prices cannot be high in the long run. Buying a 15 crore plaza and getting a rent of 3.5 lak per month in phase 6 is a bad investment. I also agree that online shopping has taken off and people buy almost half of their stuff online, specially where brands are involved as you get the same thing, without driving, parking, hot weather issues. It will be very difficult for stores to stay competitive while paying rent, electricity, salaries, maintenance etc with online businesses selling the same thing like mini minor, generation, ethnic, bata, service etc. commercial will be used mostly by banks, offices etc. Also with malls where you get everything in one place and they are air conditioned, why would anyone go for shopping in 4 marla plazas with lifts and stairs.
Hard thinker replied on Thursday, September 16, 2021 03:57 PM PST 

Es hisaab se tou phase kay tamam plazay ab tak vacant honay chaiye thay phir? But happening otherwise wahan mil kuch nahe raha
alpha replied on Thursday, September 16, 2021 04:04 PM PST 

I was looking for some commercial real estate a year and half ago. There were ample opportunities in Phase 1 to 4. Lots of vacant floors in 4 marla plazas. Things might have changed now as per hard thinker. I settled for a good place in Haly tower - which at the time was also empty.
Arhum Arhum replied on Thursday, September 16, 2021 04:19 PM PST 

I think you all missing point of my argument. Commercials see similar capital gains in percentage as residential properties do, the only difference is initial capital investment. So buy commercial files at cheap rates if you have the money and then watch them gain a lot in value. When you get possession, you may then generate rental income for a while until you feel exponential capital gains have been achieved, then you exit and move on. Commercial investment is best by far but difficult as you get priced out.

It is a no-brainer that investing in commercials for rental income is bad. No one should buy a commercial for the 4-5% annual returns through rental income. Plot trading (whether of commercial or residential) is much more valuable and gives better returns.

Business man, indeed true but temporarily. Business cannot all shift online, there is a social and pleasurable aspect of purchasing goods in person. Nothing can replace physical stores altogether. I am seeing many plazas emptying due to restaurant business down but same time, seeing a lot more offices open of real estate, construction and allied industries. Also seeing a lot more medical, grocery shops open. So overall, the demand for rental buildings although is down but not as much as being said. Post-covid, it will rebound.

Thinker, indeed same views here as I have said above. Hard thinker, I have seen many plazas empty from phase 1 to 6 recently and some have been empty for almost a year now. Most do get picked up quickly. Why are some still remaining empty? Because overall supply has increased due to boom in construction, either that or owners are not willing to budge to correct rental value rates. In phase 6, rainbow superstore occupied a 20 marla plaza front and back (4 floors i think) but they were outcompeted by Al Fatah and Jalal sons so they vacated. Now cakes and bakes has taken one floor but only 8 marla of that space. Spice bazaar has taken top floor and roof top but remaining space still is empty you see. Many more cases as such I observed in phase 1-6 Lahore.
alpha replied on Thursday, September 16, 2021 04:39 PM PST 

for capital gains, won't 5 marla file be better - less risky, more liquid , fundamental demand
alpha replied on Thursday, September 16, 2021 04:39 PM PST 

I meant 5 marla residential
Arhum Arhum replied on Thursday, September 16, 2021 07:07 PM PST 

If you look at percentage returns, then almost all categories of residential and commercial give roughly same returns. 5 marla generally stay more expensive per area because the development charges of most housing schemes are not progressive with respect to area and secondly, you're paying more installments per area. I'll take prism as example, I think 5 marla development charges were something like 9-10 lac, 10 marla was close to 14 lac and 1 kanal was about 20 lac. Similarly, installments are not progressive with respect to area and 5 marla have greatest charges per area.

So overall 5 marla ends up having a higher price later on and the effect of slighter higher demand for 5 marla is not huge on prices. Commercials in my opinion beat residentials as an investment because you can build on it and get rental returns for few years (as you wait for further capital gains to be made)
alpha replied on Thursday, September 16, 2021 07:20 PM PST 

Makes sense. But I fail to understand what will be use and customers of upper floors in a 4 marla four storied tower in a remote sector of a large phase ( prism ). A bank ( worth going ) will not put a branch in a 4 marla in a remote sector. So far, I see property dealer offices in the upper floors. For office space, one would prefer more central locations in an large corporate towers ( like Tricon ) instead of putting 30 folks in a 4 marla floor.
Also, location becomes more important factor in commercials - and with file in a large phase one is not sure where will it be. Risk-adjusted, an on-ground 5 marla, or a 5 marla file might be better.
One can rent a 5 marla ( enough fundamental demand ) as well. 8 marla excites me but its too expensive. 4 marla is like a suzuki cultus...
alpha replied on Thursday, September 16, 2021 07:25 PM PST 

again when I say 5 marla, I mean residential 5 marla. I am not an expert on 4 marla commercial real-estate so my observations are purely personal, and should be taken with a grain of salt. 4-marla might be a gold mine, but I need to touch and feel to believe it. A file for 3.5 crore in dhok khabba may not cut it for me.
Arhum Arhum replied on Thursday, September 16, 2021 07:36 PM PST 

Banks almost always want a full building of 8 marla and same goes for big businesses. For 4 marla, what I've seen is that basement, ground, mezzanine, first floors are easily rented out to anyone including restaurants, grocery, bakeries etc. Those floors are most valuable as every business wants them. The top 2-3 floors are always for offices, small restaurants, clinics, gyms and generally smaller businesses etc. The view from them becomes better and more aesthetic so they become nice working environment. To rent out a full 4 marla building is slightly tougher so you usually have to rent out the ground floor+mezannine+basement to someone and other floors to some other business. Very easy to rent out ground and lower floors but might take more time to rent out upper floors.
Business man replied on Friday, September 17, 2021 12:13 PM PST 

The increase of Property prices in DHA since 2001 threw a huge impact on other walks of life. The land owners in nearby areas of DHA also became millionaire & billionaire and they started purchasing lands in other parts of the province hence agriculture lands became expensive. The rent of Lands (Theeka) also became expensive and subsequently dairy products and agriculture products became too much expensive and got out of reach of 70% to 80% of masses. Of courses people are buying these products to their bottom line to bind the relation of soul and body and purchasing floor, rice etc. but expensive fruits and dairy products are out of reach for majority.

As a business man i know that hoteling and grocery items give only 15% return and out of this you have to arrange salaries, Electricity Bills, Rent and other day to day overhead and after managing all this you will see for savings. The constant increase of property prices will create more and more difficulties for business community. For residential purpose you may choose to afford Federal blue area or I-10 katarian as per your class and to maintain your Level but for establishment of a new business you need to survive with low expenses and a majority loose their investment as a result of high cost of infrastructure.

My brother in law sold his 2 plots of 1-K in Lahore and started a business of Sub-way in New york and after two years he sold the said business by losing all his basic investment and at a huge loss. So high rent is a world wide issue and for sure this will leave a impact on business in Pakistan. As Mr. Arhum said it may be a temporary issue but in my opinion it is a permanent issue in Pakistan and will increase day by day and this is not only for Covid-19. As these problems were also faced before Covid-19.

Only few people having their own commercial properties will earn or chain stores and big organizations will sustain due to their huge sale volume.
Arhum Arhum replied on Friday, September 17, 2021 06:18 PM PST 

I don't know about your brother's investment so cannot comment but rental returns are generally much higher in NY and USA. Pakistan, annual rental incomes are so low, only 5-6% of property value whereas almost everywhere else it is roughly 10% so rent is actually much lower here. Which is why you see small businesses thrive here actually. There are so many stories I can tell about how small businesses became medium sized and expanded or at least survived for very long time within Lahore itself.

There's actually a very good reason why rent is much lower in Pakistan. It is because most people in Pakistan make money from plot trading, hence those that invest in real estate are not looking for rental income primarily (as a result of being developing country). In other nations, which already have developed cities, those that invest in real estate earn money from rent rather than long-term trading of properties as property trading is does not given much returns in such countries. As for your comments on restaurants, restaurants with dine in have incredible margins. Delivery restaurants also have very good margins but much of that is eaten up by foodpanda monopoly through commissions. Groceries generally do have 15% margins but those can be upped through bulk buying as big ones like Al Fatah and Jalal sons do.

When it comes to DHA, business is very valuable. Cannot say the same about other areas but purchasing power of consumers in DHA is incredible which is why businesses thrive there.
Muhammad replied on Sunday, September 19, 2021 04:57 AM PST 

Thanks alot everyone JazaKAllah
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(159)
   Lahore Smart City | Address of the Future
Monday, September 13, 2021 10:20 PM PST 
Reply: >
Lahore Smart City | Address of the Future
Lahore Smart City | Address of the Future


Watch this Video Give It a 👍🏻 And Share It With Your Friends.

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MS replied on Tuesday, September 14, 2021 03:34 PM PST 

Sorry to Say Ch Sb but you have been misguiding people since last year. You ain’t the same person you used to be before pandemic. All news you break in recent times go the opposite way. Where is ur confirm news of Prism possession ? Where is State Life 2 merger with Dha? Your last year video when rates were at peak, people who follwed guidance didn’t sell now regret sadly.
MS replied on Tuesday, September 14, 2021 03:39 PM PST 

& deleting legitimate comments from veteran LRE customers cannot change the realities.
Thinker replied on Tuesday, September 14, 2021 04:19 PM PST 

And people will not make any money in this project
Dha only replied on Tuesday, September 14, 2021 07:39 PM PST 

Lahore smart city main sirf dealers paisa banaye gay awam sirf phassy ge in the end Allah ka wasta hai logon apnay paise mat phasao en projects main. Only invest in Dha regardless which city you invest in
alpha replied on Tuesday, September 14, 2021 07:41 PM PST 

yes. I miss old cmy sb... now sometimes he is doing rudn rudn, sometime smart smart
Arhum Arhum replied on Tuesday, September 14, 2021 07:47 PM PST 

Indeed. Only DHA is trustworthy brand and that too only DHA sole projects. I am still skeptical of DHA ary laguna type joint venture projects. Nowadays every dealer seems to be pushing new unknown real estate schemes out of the blue like smart city, noor orchard etc.

Time and time again we have been shown that we should not invest in such real estate schemes. Even LDA city which I personally dislike is better than investing in such non sense because at least it is a safe investment.
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(158)
   Prism 1 Kanal Low Price Plots For Sale
Thursday, September 9, 2021 06:20 PM PST 
Reply: >
Prism 1 Kanal Low Price Plots For Sale

Near By Number

C - 871 @ 170 Lacs ( All paid + 60 ft + Near Sector Park

E - 716 @ 175 Lacs ( All paid + Near Sector Park

For More Info contact

Muhammad Fayaz
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Lahore Real Estate


:forsale:
ashraf replied on Thursday, September 9, 2021 11:44 PM PST 

please advice the sale price of Prism P786 phase 9prism all dues paid .
Thinker replied on Saturday, September 11, 2021 08:23 PM PST 

What happened to possession which was due on 6th Sep ?
Khawaja Qasim replied on Saturday, September 11, 2021 09:31 PM PST 

Dear Thinker
Possession is near but not so near it will take a year or so don't worry prices will go up even if they give possession after 3 years price will increase by 30-50% thats what matters
Tariq replied on Sunday, September 12, 2021 01:12 AM PST 

My guess is it will be double with in three years
Arhum Arhum replied on Sunday, September 12, 2021 01:23 AM PST 

Khawaja sb, I guarantee you possession of at least two blocks coming from A,P,Q,R by December 30th 2021. Note my words. And yes when possession does arrive, it will not benefit phase 9 prism prices very much. I've said it before, either prices go up by 10 lac in possession areas or down by 10 lac in non-possession areas to create difference in possession and non-possession plots. Because in DHA Phase 8 prices went down in non possession areas after first possession was given but opposite scenario in phase 6.

Anyways, after 3-5 years prices in prism will double depending upon when next real estate cycle boom comes. Overall giving possession to prism will most benefit end users as they will have both phase 7 and 9 prism as options in certain price range. Phase 7 end user demand will go down as a result.
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(157)
   Breaking Official Announcement Likely Soon: DHA Lahore Phase 9 Prism Q R Possession On Sept 6th 2021
Wednesday, September 1, 2021 11:55 PM PST 
Reply: >
Breaking Official Announcement Likely Soon: DHA Lahore Phase 9 Prism Q R Possession On Sept 6th 2021
*Breaking Official Announcement Likely Soon: DHA Lahore Phase 9 Prism Q R Possession On Sept 6th 2021*

https://youtu.be/UlHtWurebCg

Ch Mujahid Yasin ( CMY Of LRE )
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MHA replied on Thursday, September 2, 2021 01:06 AM PST 

That’s awesome news !!!!
But hope it’s true this time
Omer replied on Thursday, September 2, 2021 02:21 AM PST 

Why to keep is so secret. Should have been announced long time back by the DHA with exact date of deliverance to give equal opportunity to all.
Thinker replied on Friday, September 3, 2021 08:23 PM PST 

Even if possession is given, no body can live there for another 5 years
Arhum Arhum replied on Saturday, September 4, 2021 04:55 PM PST 

Thinker you are a typical prism hater. Always speaking with emotions rather than logic. Seveners feeling very insecure and uncomfortable because prism has delivered and will continue to deliver far more juice than 7. I know you have historically been so critical and mostly wrong about prism, it is comical.
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