Lahore Real Estate Forum

Monday, December 15, 2025 07:48 AM
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(75)
Sunday, May 17, 2015 09:25 PM PST 
analysis prism

I see a flood of posts asking cmy to give price estimate. I strongly urge all owners to wait a bit and carryiut self analysis as it is not a rocket science. Market is dictated by buyers who set the price based on supply and demand. But rezt assure bad locations will loose may be their price is 65 plus monus including development charges and good locations will be 80plus minus while excellent could be 90 around.but important thing is who sticks or hold till 5 year's the minimum his money and does not circulate.

Pardesi, Jeddah replied on Sunday, May 17, 2015 09:41 PM PST 

It is a real problem for those having weak holding power. A huge influx of sellers is already pulling down the market & may result in 10-15 lacs lower than your estimates above.
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(74)
Saturday, May 16, 2015 07:20 PM PST 
candid omments phase 9

I do t know why frank comments on phase 9 are deleted by administrator. Please do not panic about plot cost as it is too premature. Hold your horses and wait at least ror 1 month for market to set its course. Overall the map is just average with false hopes of faat scale development. Best areas near dha town ask 11 and kamahan village are void and not occupied by dha.

mahmad replied on Saturday, May 16, 2015 07:25 PM PST 

If DHA is showing it in their map that means they have acquired it. It can be challenged in court if they show private land as part of DHA. They have a huge legal department. Will you allow your plot to be shown as DHA map if they did not acquire it? Wont you sue them? Areas not acquired are clearly marked by DHA and they are out of boundary.
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(73)
Friday, May 15, 2015 10:49 PM PST 
phase 9 prism

I dont have a plot in phase 9. But following observations :
1: surrounded by villages and built up area, bad reputed socities all around.
2: fast track or slow track it cannot be possession handy before 2020.
3: if u hold for 5 years it will be doubled minimum and 2.5 times the maximum.
4: he will be living in fools paradise who say 4 marla,would be 7 crores. Yes it will be by 2025.
5: commercial only get value when area is fully habitated.
6: actual value would be when ring road is through after 4 .5 years.
7: phase 7 prices would not hain now due to cheaper plots on this side.

Irfan replied on Friday, May 15, 2015 11:03 PM PST 

I also dont have any investment in Phase-9 but I keep following this forum quite regularly, may be more than Phase-9 investors :)
I congratulate all the file holders.
I do agree with most of your points. i am little disappointed by the map. Anyhow, most of the DHA phases are launched in similar fashion & then map keep on changing after every year due to various reasons.
I dont agree with your last point. Phase-9 has no comparison with Phase-7 at this moment. Phase-7 & Phase-5 M-block are the only cheaper choices available for the people to build home in DHA in next 5-years. After 5-years once phase-8 & 9 are available for construction, till that time phase-7 would have been reasonable populated & having higher prices. At that time, yes you can compare phase-9 with phase-7 but not now. These are just my thoughts you may differ

Imran replied on Friday, May 15, 2015 11:19 PM PST 

AA

Brother I am having issue with the map. Can you tell where is the location of E/1045

Thanks

info replied on Friday, May 15, 2015 11:22 PM PST 

@kmc Although i agree with most of the points but i dont agree with point 7 also for many reasons.

Khalid replied on Friday, May 15, 2015 11:37 PM PST 

Phase 9 map is really NOT good. Too many Villages inside, Factories, Irregular Pockets along with Graveyards and Hudiara Drain (Nala) and Ring Road. All are NEGATIVE POINTS.
5M, 10M are thrown mostly at borders like step child. These holders will rush to market soon to sell their holdings to re-invest at better places.
Many Kanal plots are also facing borders, pockets, factories, graveyard, grid station, near HT Wires will also rush to sell soon.
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(72)
Thursday, May 7, 2015 09:03 PM PST 
dear CMY

now see another side of true story. one of my friend also had an excellent plot in F block phase 5 back in 2002. every one asked him it has reached its ceiling trade it off and reinvest somewhere else. he sold it for 90 and bought 2 files of phase 9 at 44 each at its peak time. slowly the bubble began to squeeze and prices starting declining rapidly. he was able to sell ix file at 38 and second at 32 with great difficulty. so a plot worth 26 now was wasted and he could just add up 70 lac. my overall conclusion is whether you trade or not the net result is same when you hold a particular thing or plot over time.

Ahmet replied on Thursday, May 7, 2015 09:17 PM PST 

kmc,

I beg to disagree with due respect.Two reasons.

1) In 2002, there were plenty of 'better' options than Phase 9. I would never have invested in Phase 9 back then with lucrative options like Phase 6 or 8 or even 7. Just like I would not invest in DHA 9 extension today when smaller and medium term investments are available in the market today like DHA Gujranwala or DHA Multan files. I wouldnt call Phase 9 a good investment today because potential of return on the earlier 2 is higher.

2) The 2008 recession that lasted almost 5 years was a 'global recession'. The largest since the the great depression 5 decades ago. It really crashed the prices globally and alongated the pak property crash for no great reason. I dont see a similar recession happening again. At least not of the same scale. US is recovering. China is looking good.

Its all about great timing. I bought an apartment in Dubai in 2009. The market crashed. People paniced and sold off their apartment at half the prices. I held on to the property. Today its worth more than it was in 2009 with a decent rental income.

Just my 2 cents.

syed shoaib replied on Thursday, May 7, 2015 09:25 PM PST 

kmc u missed many factors phase 5 in 90 lacs was not peak, first mistake, second your friend missed 6,7,8 and jumped to 9, second mistake, like cmy yiur friend didn't buy in lowest price 3rd mistake , and after buying at wrong time he do not hold it long . so how can u compare a amateur decision maker with a guru ??

aslam replied on Thursday, May 7, 2015 09:45 PM PST 

Ye sab kismat ke baten hoti hain. Simple is that

info replied on Thursday, May 7, 2015 10:00 PM PST 

True bat to kismat ki hay.

KF replied on Friday, May 8, 2015 04:10 PM PST 

I do agree, with KMC, I was in same situation, I bought the file in 34 n had to sell in 22 lacs.
To be very honest, its all speculation, might you buy the file in 62 now, no one know, if things go bad, you had to sell it in 30,s. dont forgot, you are buying just piece of paper n hoping to get the plot after 10 yrs. Even, 2005, people were hoping the same.
Moreover, in 2005, there was so hype in the market, "dont know wat will happen tomorrow, lets buy today, all artificially created by big investors.

Moreover, societies in papers, or societies which were under development process were mostly effected. Rest populated areas were nt much effected, n started to picked up again after 1-2 yr time.

in result, you should be GURU of market, try to clear up urself before slow down any thing. Best of luck

CMY replied on Friday, May 8, 2015 04:18 PM PST 

KMC only problem in your story is that in 2002 when F block was 90 lacs you had DHA6 files. I bought two files in DHA6 at 18 lacs and 22 lacs. Even its peak price ever was 32 lacs at that time. DHA 6 3 plots today at 600 lacs plus but F is max 300 lacs

DHA phase 9 peak was in April 2004 at 47 lacs.

Lets do the math again :)

Choudry Mujahid Yasin ( CMY )
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(71)
Wednesday, May 6, 2015 11:10 PM PST 

Is there will be any rebate if some one pays development charges lump sump at once right after ballot. I.e 10-15 % ?

CMY replied on Wednesday, May 6, 2015 11:20 PM PST 

Most likely yes but Its announced when DHA makes development charges announcement.

Especially with DHA9 fast track development contract DHA will need development charges funds as fast as possible.


Fast track development means development company will have its staff its staff working in 3 shifts 7 days a week.

I will be surprised if we get DHA9 in 3 years. I will be 100% satisfied even if they do it in 5 years.

kmc replied on Wednesday, May 6, 2015 11:25 PM PST 

For God sake. Look at phase 7 and 8.why fast track for phase 9 just to please file holders. Have a heart. Please account for ground realities. If they atart by 2017 and finish by 2022.it will be a miracle

CMY replied on Wednesday, May 6, 2015 11:33 PM PST 

KMC sahib 3 years ago an overhead bridge was taking 3 years to build. Now days they complete in 3 months with use of tons of machinery now available in Pakistan.

I am not trying to please DHA 9 file holders. DHA Lahore is trying to do this.

Open this link of DHA official web site
http://dhalahore.org/themes/dha/Press-Gallery/ph-IX-Ballot.pdf

Zoom in on blue area and read 2nd line that says Fast Track Development work. You may need reading glasses to see it and also may have to open your mind with your eyes at same time:) Because your mind set is stuck at past 10 years when you say year 2022. It should look for next 10 years in my opinion.

Choudry Mujahid Yasin ( CMY )

upfront replied on Wednesday, May 6, 2015 11:33 PM PST 

Thanks CMY
@ KMC brother it is written in every advertisement by DHA that there will be fast track development CMY is telling nothing that is self created.
Secondly do no compare phase 7 and 8 development pace with 9. Dha is compensating phase 9 holders who hold it for 12 long years by developing it on fast track

upfront replied on Wednesday, May 6, 2015 11:40 PM PST 

All the very best all phase 9 holders May Allah be with you All

AH replied on Wednesday, May 6, 2015 11:48 PM PST 

Dear CMY. I remeber your analysis during IK Dharna in ISB. You told it is going to settle and we all witness that same happend. Political situation has great impact on real estate. But people also move money out from Stock and put in property. Plz let us know current situation after q25 N

CMY replied on Wednesday, May 6, 2015 11:59 PM PST 

I am a diehard fan of Imran Khan and creator of most popular terms like Mother of PTI for Fauzia Qasori and #PTIFamily so my opinion will be biased for any political discussion here:)

I wanna leave politics out of here on this real estate discussion forum and will discuss politics . We can talk about politics on my twitter accounts >>>>>>>> @PTIFamily I dont use this one more often >>>> @Choudrymyasin

https://twitter.com/ptifamily

Ahsan replied on Thursday, May 7, 2015 12:07 AM PST 

hahhahaha
Good to hear that you are imran supporter

kmc replied on Thursday, May 7, 2015 12:23 AM PST 

I will be very happy if done earlier. But require either malik riaz or shahbaz sharif. I know dha administration have their l8nitations with money as,well as other hurdles

CMY replied on Thursday, May 7, 2015 12:27 AM PST 

Dear friend kmc may be they can make more money for them self by speeding up its development work. If I was them I will take this route as It will generate me more money in less time.

info replied on Thursday, May 7, 2015 12:33 AM PST 

Agreed with kmc as most of the delay is not because of technology but because of processes, finances and land issues. These issues remain the same for phase 9 if not worse so i don't see any "fast track" development for phase 9 just for the heck of it.

But kmc rationale thinking is just not the point in this euphoria and no dealers would tell you more than 2 to 3 years time line so lets agree that in 6 months phase 9 will be handed over and if malik riaz steps in, it may take 2 months then.

MSN from KSA replied on Thursday, May 7, 2015 12:50 AM PST 

@CMY I am following it on twitter but didn't know it is yours.

I have 4.5M to invest, what would you suggest for investment? Ph 9 10M file or any other option?

kmc replied on Thursday, May 7, 2015 02:04 AM PST 

People are not prepared to listen anything negative about phase9. If shahbaz sharif or malik riaz intervenes it can be done in 3 years.

shami replied on Thursday, May 7, 2015 02:36 AM PST 

kmc just like malik riaz built taj mahal in bt orchard lahore and bt phase 9 pindi or dha Valley in islamabad?

Jameel replied on Thursday, May 7, 2015 02:57 AM PST 

Commenting upon development work speed, The Only Issue is to clear the Pockets [ un Acquired Land pockets] DHA would Love to do it is 3 year , more delay means more cost for the you will pay the same.
DHa 6 , 7 they gave nery nice map initially, Could clear Some pockets Could Not Clear some , map changed 3 Times Main roads Blocked , Barki access point Blocked many other Changes Now Things materlized about 9 years after, see ist and Last Map.
in phase 8, they Told we will only Include in the map acquired Land, Too Much "Kata Phat" map, showing Pockets and Lot of Criticism that lket to 25% Price reduction after ballot, still many roads are blocked Because of Pockets.
i have Personal experience of plot near a pocket, For DHA the only Tool is delay or time which Kneel Down Black mailer, DHA did Not contact the owner of Pocket, First he was Coming there daily in evening with Gunman i met him once he was asking 8 cror for 8 kanal, [At that time Price of Plot was only 50 lac and of course he could only Claim 1/3 of that, but as he was Blocking main road he continued. , When 2 years passed he stopped Coming and only Gunman was there, after another 3 years there was no one the encroachment [ the owner could not bear the cost of ckokidar gunman etc] 5th year i heard that negotiations done and Pocket cleared. This Man had only Qabza Jaddi Pushti of Land and there were no legal papers with him I don't know what was final deal.
So mostly things clear but take time. My estimate for DHA 9 Possession is 7,8 years.

bahi replied on Thursday, May 7, 2015 12:31 PM PST 

Jameel sb,

true statement
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(69)
Thursday, April 25, 2013 03:45 PM PST 
DHA 9

Another Calculation:

Price estimated at balloting time

20Marla 43/44 + 15 = 58/59
10Marla 28/29 +9 = 37/38
5 Marla 15/16 + 4.5 = 19.50/20.50

Price after ballot:
20 Marla between 58 to 70
10 Marla between 40 to 55
5 Marla between 19 to 25

File owner replied on Thursday, April 25, 2013 07:31 PM PST 

Mr. JK
Where are you????????????????
give your valuable comments!!!!!

Kmc replied on Friday, April 26, 2013 12:38 AM PST 

Trading is going on around 40 by dealers. Price may even fall to 39.50 for few days but would rise steadily from next week till ballot maximum upto 45 plus minus around June
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(67)
Tuesday, December 4, 2012 09:08 PM PST 
phase ix

i see a lot of emotions on phase ix file, guys all those who bought it on higher prices 5-7 years ago must wait to gain profit enough to compensate ur wait, means sell it only after ballot. all those who bought in last 2 years and have gained 15 lac plus should let it mature and try your luck it can give you 10-15 lac more and be patient.all those who are joining now for quick gains should also wait for ballot, the map presumingly will be a good one, remember it is the last dha phase close to dha itself. next phases will be at least 20 km away. this file has potential not to loose even for worst location plots which will be far better than phase 7 plots near brb,have a happy waiting and njoy ur plots.

snk replied on Tuesday, December 4, 2012 09:38 PM PST 

nice comments

AB replied on Tuesday, December 4, 2012 09:40 PM PST 

KMC bhai.... very well said

KMC_SecondVersion replied on Tuesday, December 4, 2012 10:59 PM PST 

KMC

you are yourself very emotional about DHA phase 9 stuff. one way of expressing your emotions :)

ABC replied on Wednesday, December 5, 2012 04:55 AM PST 

@ KMC & LRE Experts,

Sir, Lots of people commenting about Phase 7 that is the wrost phase of DHA lahore compare to 5,6,8 and 9. Please lets us know why Phase 7 is the wrost among all said DHA phases ? if it is wrost phase than why the prices of plots without possession are increasing despite the development started in Phase 8 and Phase 9 balloting is expected.

Your valueable feed back will help the phase 7 new buyers and plot holders.

Regards,

Hassan replied on Wednesday, December 5, 2012 12:48 PM PST 

To answer respected Mr. ABC, one liner.....
Price in phase 4 is 70 to 90 lac approx....
but have you ever heard ppl talking about it? no because its an isolated and deprived phase of DHA as phase 7 to be....
also it is 5 km away from nawaz sharif interchange so you can imagine......
i do not own phase 7 or any other :p so a very nutural observation
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