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free_man replied on Thursday, August 4, 2022 08:54 PM PST 

A lot of it is still empty and not gone on rent. Although rent prices are being increased by DHA.
www.pakest.com
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(25)
Wednesday, June 26, 2019 04:40 PM PST 

US $ to reach 184 within one year , as agreed by government to IMF 🙁

Khan88 replied on Wednesday, June 26, 2019 04:57 PM PST 

Unfortunately it will be really bad for the poor people of the country.

The wealthy will hoard assets in gold/usd/foreign currencies.

free_man replied on Thursday, June 27, 2019 01:01 PM PST 

There is no agreement on rate but agreement is on free float exchange rate. This can go 485 and even beyond if the demand for imports keep going up. But there is economic theory of replacement comes in when meat get expensive people resort to pulses. If exchange will keep going up then people will come to a point where imported goods will be unaffordable and demand for import will decline, so will be demand for dollar. This balance point could be any body's guess. It can be 185, may be 200 or 250.

Ahsan Sattar replied on Thursday, June 27, 2019 01:58 PM PST 

There is one thing called "Real Effective Exchange Rate" REER. The REER of Pakistan was around 125 in 2017 when Pakistan was asked to bring REER closer to 100 for any negotiations with IMF. Pakistan since then started devaluation.
Currently (at 162) the REER of Pakistani rupee is 103. This is fairly close to 100.
The problem with our currency is as soon the government brings REER close to 100 mark it starts rising again, because of number of factors including the trade deficit.
It will be keep depreciating but at lower rate till end of this year probably. After that global recession to follow.
Best of luck!
(At 100 it is considered that the currency is neither overvalued or undervalued. Above 100 is artificially over valued currency and below 100 is overvalued currency)

Kashif79 replied on Thursday, June 27, 2019 11:38 PM PST 

IMF money has not arrived as yet. The situation may change when that occurs and when more lenders are willing to lend.
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(24)
Tuesday, February 19, 2019 10:59 AM PST 

Aoa, Property prices in Pakiatan have risen so much in last few years that it is impossible for an average person to purchase a house.I earn about 4000 AUD per month and hardly save 700 AUD in Australia which is 70000 per month.I dont know when will I be able to purchase property here in Pakistan.
Thanks

calculation replied on Tuesday, February 19, 2019 12:39 PM PST 

14,000,000 / 70,000 = 200 months = 16 year (5 merla house)

Ali replied on Tuesday, February 19, 2019 01:04 PM PST 

At 3% annual appreciation (which is quite low estimate) the price will be 1.6 time of 1.4 crore after 16 years. This adds 84 lac extra for which you need further 120 months = 10 years of saving. During this 10 years the price will appreciate another 34% on current price for which you need 5 more years. Then year.....year.....month......2.2%......4months.....

Total 36 years :( for 5 marla house.

So invest whatever you have so that it doesn't add up and remains always out of your reach.

Nabeel replied on Tuesday, February 19, 2019 02:28 PM PST 

Person with monthly saving of 70,000 rupees cannot make a house anywhere, not just Pakistan.

Ahmad replied on Tuesday, February 19, 2019 04:23 PM PST 

@Nabeel: That is not true! with an income of 4K per month, he can buy an apartment worth 200K. The monthly payment will be less than 700K for the finance of 30 years.

free_man replied on Tuesday, February 19, 2019 06:18 PM PST 

Yes Peshawar files are free and anyone can afford to buy it even Rana sb.

filer replied on Tuesday, February 19, 2019 07:37 PM PST 

that's why everybody is afraid of become filer in order to provide money trail because how anybody can buy DHA Peshawar plot from Rs.70,000 month savings

Thinker replied on Tuesday, February 19, 2019 11:02 PM PST 

I totally agree with Rana sb. The property prices in Pakistan, specially in Islamabad are out of reach of 99.99% people. All businesses need land and it is so expensive that no business is viable be it a shop or a office or agriculture or a factory. I earn Rs 5 lak per month and save 2 lak. A 10 marla house in G sector of islamabad is around 4 crores. So I need to save for 16 years and yes in 16 years the house would be 6 crores so I need around 25 years to buy that house. I am 48 so probably be dead by then.
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(22)
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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(21)
Monday, September 10, 2018 02:37 PM PST 
DHA Bahawalpur Ballot Officially Announced For Dec 25 2018 What To Do

DHA Bahawalpur Ballot Officially Announced For Dec 25 2018 What To Do Next Expected Prices Ahead



DHA Bahawalpur Ballot Officially Announced For Dec 25 2018 What To Do Next As A Holder. When To Buy Sell ? Expected Prices Ahead

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SAJID NASIM replied on Tuesday, September 11, 2018 02:38 AM PST 

What you predict the 1Kanal plot expected prices after DHA BWP Dec 25 ballot?
Thank you.

Pakistani replied on Tuesday, September 11, 2018 04:12 AM PST 

No one is giving confirm rates of files today.
Rough idea for kanal affidavit and allocation file dha bhwp.
Thank you.

free_man replied on Tuesday, September 11, 2018 01:05 PM PST 

Installment file is of 38 lac and those people have paid instalment for three years. There are only two last instalments left. In my opinion it will stop around 45. With ballot due, no one will sell file until have some incentive to sell it. Big investors will off load their burdens and it may drag a bit, in the end it should reach to 45 lac before ballot.

LRE Online Support Staff replied on Tuesday, September 11, 2018 01:27 PM PST 

Dear Sajid,
Plot Price would be around 40 Lac
Regards,
Lahore Real Estate

Rai Omair replied on Sunday, February 3, 2019 12:40 AM PST 

What price would 10 Marla plo balloted in Sector D Phase 1 of DHA Bahawalpur could accrue? Please advise.
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(20)
Sunday, May 27, 2018 08:26 AM PST 

Which size plots shall I buy in DHA Phase 9 prism ? For investment for 2-3 years? Expert advise please. :)
Budget: 15 Million

Bhatti replied on Sunday, May 27, 2018 08:37 AM PST 

Or in any other phase of DHA ?

Khan88 replied on Sunday, May 27, 2018 09:26 AM PST 

Dont buy Prism it is over-priced, Phase 7/8 might be safer bets.

Habib replied on Sunday, May 27, 2018 06:20 PM PST 

IVY Green 5 merla

Fayyaz Goraya replied on Sunday, May 27, 2018 06:33 PM PST 

Dear in this budget it’s best to invest in dha Bahawalpur , in ur budget u can buy 6 files as now it’s available in its lowest price u will get good gain in next 2-3 years

DR, Khalid replied on Sunday, May 27, 2018 09:53 PM PST 

what is price of DHA Bahwalpur ?

Fayyaz Goraya replied on Monday, May 28, 2018 12:58 AM PST 

Dha Bahawalpur affidavit file price 26.5 lacs and allocation file price 25.5 lacs this time

Surfer replied on Monday, May 28, 2018 02:54 AM PST 

Respectfully
Disagree with all viewz. Kindly search the market yourself because its your hard earned money. Try your level best to invest in Project where you can feel comfortable. According to current political & economic condition. Try to avoid files for atleast till new Govt will take over. Try to avoid projects which are allready matured and are over priced. Try to buy Half cooked plots. Where in Future you feel there is promising potential & room to grow.

Free Advice replied on Monday, May 28, 2018 12:11 PM PST 

Basic principle of investment

Do not keep your all eggs in one basket. Diversify your investment and in current scenario constructed building to enjoy rental income is a batter choice instead of being caught in files or projects of Dha which will be matured in 7 to 10 years.

Especially Bahawalpur. Multan. Gujranwala which will be developed as per previous historyp

Habib replied on Monday, May 28, 2018 04:56 PM PST 

Dear Surfer, all your predictions about Prism have proved to be wrong, in 2015 people were aiming that by 2018 DHA phase 9 Prism average will be 2.5 Cror, I thought it will follow same course as of DHA 6 and 7.
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(19)
Saturday, May 19, 2018 04:46 PM PST 

The Assembly has passed the finance bill so after 30th June non filers cannot buy any property worth more than 50 laks. Please comment on its effects on the property market

Rao Asif replied on Saturday, May 19, 2018 09:48 PM PST 

Govt along with fbr is trying to discourage investment in property and bring back the money to industries. Jo jitna Jaldi samjh gaya us k liay utna acha.

Thinker replied on Saturday, May 19, 2018 10:05 PM PST 

Very true, Plus property has the highest potential to bring taxes to the Government. They cannot let people makes crores in profit and pay 1% as duty or taxes.

DR, Khalid replied on Sunday, May 20, 2018 01:01 AM PST 

DR, Khalid
Property market will collapse soon,

Khan88 replied on Monday, May 21, 2018 05:45 AM PST 

Get out now or wait another 5 years or more for prices to recover to today's values.

Londonboyz replied on Monday, May 21, 2018 04:21 PM PST 

Dear Friends,

Nothing to panic about. Things were more worse in 2016 when Ishaq Darr imposed new taxes, but nothing happened. Market started moving ahead after 8 weeks when people understood new tax system. Plot which was 50 lakhs in 2016 is worth 75 lakhs today. Its just a teething phase which will pass after elections. My suggestion is buy what you want to buy before 30th june and enjoy the profit after elections. Property market in world is the safest of all investments and will remain forever. In Pakistan there is no investment like property investment because your money stay in your pocket not in market or some one else pocket and you are begging others for your own money.

thinker replied on Monday, May 21, 2018 07:01 PM PST 

keep dreaming and misguiding people.

Khan88 replied on Monday, May 21, 2018 08:35 PM PST 

Sorry not letting me post link

Just google LSLacadata April 18 release

world replied on Tuesday, May 22, 2018 01:18 AM PST 

@LondonBoys

all my investor friends and uncles are pulling out of pak market...
you will see difference with in 3-6 months......

yesterday dubai allow 10 yr visa for any 1 who invests money in dubai .... money will go out of pak due to this single reason
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