Lahore Real Estate Forum: Property News & Community Talk : Discussion Property News & Community Talk

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(81327)

Zahid

Sunday, May 13, 2018 09:39 PM PST

Reply:

Plot in Bahria Orchard

AOA, I am an overseas Pakistan living in Canada. Do I have to be physically present in Pakistan to buy a plot (file) in Bahria Orchard?
Thanks so much

Dr Chaudhry replied on Sunday, May 13, 2018 10:02 PM PST

WAS
If its open form then not.

LRE Support Staff replied on Monday, May 14, 2018 03:09 PM PST

Dear Sir,
You can buy being there in via Power of attorney in name of blood relation through Embassy. Its time consuming project if seller agrees to in case of transferred plot.. Or for regular transfer you must need to come physically

Lahore Real Estate

(81326)

Muhammad Azhar

Sunday, May 13, 2018 07:13 PM PST

Reply:

Evaluation

Ad Type

City

Phase

Block

Plot

Size

Cur. Rate

Lahore

1744

Kindly evaluate Prism R Block Plot no. 1744.

Regards,
Muhammad

Salman LRE replied on Monday, May 14, 2018 03:09 PM PST

LRE Salman replied on Monday, May 14, 2018 02:56 PM PST

Dear Sir,
Your plot is valued 41 to 42 Lacs. civil update

Salman Maqsood
Lahore Real Estate
+923224009967
+923004009967

Muhammad Azhar replied on Tuesday, May 15, 2018 01:43 PM PST

Dear Salman,

What do you mean by civil update? Please can you explain.

BR,
Muhammad

(81325)

Ali

Sunday, May 13, 2018 06:22 PM PST

Reply:

Dear LRE,

Please evaluate prism E924.

Regards,

Ali.

LRE Salman replied on Monday, May 14, 2018 02:56 PM PST

Dear Sir,
Your plot is valued 90 to 92 Lacs. civil update

Salman Maqsood
Lahore Real Estate
+923224009967
+923004009967

(81324)

Farjad Mirza

Sunday, May 13, 2018 06:03 PM PST

Reply:

Carpenter for Door and Cabinet Work in DHA, Lahore

Hi Friends,

Any one can guide me on what is the Per Sq-FT rate of carpenter for making doors and door frames (chokhats) in DHA Lahore. Obviously I will be looking for excellent quality work. Also it will be a great help if someone refers me to a good carpenter.

Best wishes to all LRE readers.

Aqil replied on Monday, May 14, 2018 08:37 PM PST

Rate 50rs per sq foot

(81323)

Mian kashif

Sunday, May 13, 2018 12:49 AM PST

Reply:

I want to sell my Dha Bwp 1 kanal allocation file.Is it a good time to sell?I have heard prices will come further down after a month or two.Will appreciate if someone gives me a sincere piece of advice?thank u

Khan88 replied on Sunday, May 13, 2018 12:54 AM PST

As a general rule, few months before election prices slide everywhere. This is true for all democratic countries including UK, USA, India and Pakistan, etc.

Tahir replied on Sunday, May 13, 2018 01:04 AM PST

In 2002 and 2013 market of property was like sky rocket

Although these were election years
However after reaching at top level prices came down

In June 2016 prices were not realistic so it will remain stagnant or may further come down as per economics rule of demand and supply

ivester replied on Sunday, May 13, 2018 10:30 AM PST

from 2014 to 2106 prices doubled every where. Average increase in property is around 12% per year so it will take another 5 years to bring 100% increase in 2 years to 12% over 7 years.

Naveed786 replied on Sunday, May 13, 2018 01:55 PM PST

It's best buying time for DHA Bahawalpur. Not Recommended to sell now.

Estimater© replied on Sunday, May 13, 2018 05:05 PM PST

I am from Bahawalpur, holding couple of of DHA Bahawalpur files & retaining it for some good returns, as LRE is advising always. May be after election we can hope some better business conditions. Anyway if you are going to sell find some local, he will give you better price as per my experience.

Khan88 replied on Sunday, May 13, 2018 08:14 PM PST

@Tahir: Hate correcting people but not few months before election, after election is a different story altogether, seems like you missed the whole point

Khan88 replied on Sunday, May 13, 2018 10:34 PM PST

No government is going to take corrective actions, Pakistan has to increase its tax base for people who dont pay taxes or default in international markets.

Taxes will only go up. In few years time non-filers wont be able to buy any plots at all, once taxes are in they always stay in.

E.g. in Great Britain Income tax was a temporary measure introduced in 1842.

(81322)

DHA Rahbar Lahore Phase 2 Block M, N & P Lates

Saturday, May 12, 2018 09:09 PM PST

Reply:

DHA Rahbar Lahore Phase 2 Block M, N & P Latest Update By Lahore R

DHA Rahbar Lahore Phase 2 Block M, N & P Latest Update By Lahore Real Estate May 2018

We will update you soon with many more new detailed Videos
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Your Friend
Ch Mujahid Yasin (CMY)
++
Lahore Real Estate ®
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(81321)

DHA Lahore Phase 6 Block B Latest Update By Lahore

Saturday, May 12, 2018 08:28 PM PST

Reply:

DHA Lahore Phase 6 Block B Latest Update By Lahore Real Estate May 201

DHA Lahore Phase 6 Block B Latest Update By Lahore Real Estate May 2018

Lahore Real Estate® ( Where Dreams Come True )

(81320)

DHA Lahore Phase 8 Ivy Green Z Block Important Dev

Saturday, May 12, 2018 04:31 PM PST

Reply:

DHA Lahore Phase 8 Ivy Green Z Block Important Development Update By L

DHA Lahore Phase 8 Ivy Green Z Block Important Development Update By Lahore Real Estate May 2018

Lahore Real Estate® ( Where Dreams Come True )

(81319)

DHA Lahore Phase 6 Block A Latest Update By Lahore

Saturday, May 12, 2018 03:31 PM PST

Reply:

DHA Lahore Phase 6 Block A Latest Update By Lahore Real Estate May 201

DHA Lahore Phase 6 Block A Latest Update By Lahore Real Estate May 2018

Lahore Real Estate® ( Where Dreams Come True )

(81318)

Anwar Ali

Saturday, May 12, 2018 03:25 PM PST

Reply:

Ad Type

City

For Sale

Lahore

Dear lre team
Evaluation Of plot
165 B Dha 9Town?

LRE Support Staff replied on Saturday, May 12, 2018 05:50 PM PST

Dear Sir,
B 165 is around 65 lac
For More Information Contact
Absar Hussain
+
Lahore Real Estate

(81317)

Najam

Saturday, May 12, 2018 06:46 AM PST

Reply:

Kindly evaluate these for me. Thanks.
Plot no. 1178 A DHA Town
Plot no. 1972 A DHA Town
Plot no. 1726 C DHA Town

LRE Support Staff replied on Saturday, May 12, 2018 05:49 PM PST

Dear Sir,
1178 is around 62 lac
1972 is around 67 lac
C 1726 is around 75 lac
For More Information Contact
Absar Hussain
+
Lahore Real Estate

(81316)

Advise Seeker

Saturday, May 12, 2018 01:14 AM PST

Reply:

Building House in Bahria Orchard

Experts! Plz guide would it be beneficial to build a double unit independent 10 Marla house in bahria orchard phase 1 for rental income? Moreover what are the rent rates in bahria orchard phase 1? Is rental property in demand in bahria orchard? :pkf

Advise Seeker replied on Saturday, May 12, 2018 02:07 AM PST

Although I am not an expert but given the current situation of real estate market no drastic positive change seems to happen in near future

Khan88 replied on Sunday, May 13, 2018 12:58 AM PST

If you dont want to lose your money - dont invest in the next 2 to 3 years

Advise Seeker replied on Sunday, May 13, 2018 01:55 AM PST

Can you PLZ elaborate???

khan 2 replied on Sunday, May 13, 2018 12:44 PM PST

If you invest now, your best case scenario is that your plot retains its value for the next 3 years. Which effectively means around 30% loss due to inflation. In worst case it might lose 30% value which combined with inflation will mean around 60% loss. Add transfer charges, dealer commission, taxes, notices from FBR etc. The final decision for finance bill is that non filer cannot buy any plot worth more than 50laks. This will be passed on monday. So you can imagine the situation

Zaidi replied on Sunday, May 13, 2018 03:37 PM PST

Rightly said. This Government has tried its best to kill property business. It is now very long-term scenario. Rental yield is 4 to 6 % and if considered property tax and maintenance costs it will be 3 to 5 % only. But unfortunately there are not much secure options available for a common man.

Khan88 replied on Sunday, May 13, 2018 08:16 PM PST

@Khan2: Bravo a very good reply, Sir you have my respect

Advise Seeker replied on Sunday, May 13, 2018 11:43 PM PST

Well that's a really good analysis. But my point is that lets say right now 10 Marla plot in Bahria Orchard phase 1 is within a range of 6 million including all costs. If any person having budget of Rs. 10 to 10.25 million instead of going for a 1 K plot in any society may go for construction of house that may fetch Rs. 50000 monthly as rental income for double unit 10 Marla house in bahria orchard phase 1. In other words after investing Rs. 10.25 million one could fetch Rs. 3 million in next five years i. e. Rs. 50000 x 12 x 5 years. There would be an increase in assets value as well. The average monthly rental income may also increase. Will any 1K plot fetch about 25 to 30 percent in next five years??? Isn't it better to go for rental income than investing in plots and wait for long periods of time to gain some profits that are uncertain???

Khan88 replied on Monday, May 14, 2018 04:58 AM PST

@ Advise Seeker:

There are a lot of assumptions in your analysis.

1st - Construction costs will go up within the next 2-6 months period significantly, oil prices are rising and rupee will devalue.
2nd - Will cost you Rs. 8 million atleast to construct a house that will get you 50,000 Rs. income
3rd - Assuming you dont have to pay income tax (under 1.2 million threshold), wealth tax, maintenance and other charges will mean your net income per month will be approx. 40,000 Rs
4th - Every landlord knows house is not always on rent, there are times between tenants - keep one month out just for this.
5th - Assuming you will be able to fetch 50 K rent, your income in five years will be 2.2 million (40K x 11 x 5) with total expense of 14 million. Yearly yield will be 3.14%.
6th - Price appreciation is not guranteed in 5 years, you cant take that into account. Price can go up as well as down but lets hope it goes up.

(81315)

NFC Lahore Phase 2 Lahore Block Wise Rate Updates

Friday, May 11, 2018 08:35 PM PST

Reply:

NFC Lahore Phase 2 Lahore Block Wise Rate Updates by LAHORE REAL ESTAT

NFC Lahore Phase 2 Lahore Block Wise Rate Updates by LAHORE REAL ESTATE for the Month of May 2018

A Block
1-Kanal= 45 to 55
(Above rates are for clear plots)

B Block
1-Kanal= 48 to 72
10-Marla = 43 to 46 Lacs

C Block
1-Kanal= 52 to 60 Lacs
10-Marla = 36 to 42 Lacs
5-Marla= 23 to 28 Lacs

D Block
1-Kanal= 56 to 66 Lacs

E Block
1-Kanal= 58 to 72 Lacs

F Block
1-Kanal= 52 to 66 Lacs
10-Marla = 34 to 39 Lacs
5-Marla= 22 to 27 Lacs

G Block
1-Kanal= 52 to 60 Lacs
10-Marla = 36 to 42 Lacs
5-Marla= 23 to 29 Lacs

H Block
1-Kanal= 52 to 67 Lacs
10-Marla = 40 to 44 Lacs
5-Marla= 25 to 31 Lacs

J Block
1-Kanal= 48 to 60 Lacs
10-Marla = 32 to 36 Lacs

K Block
1-Kanal= 46 to 60
10-Marla = 32 to 36 Lacs
5-Marla= 21 to 26 Lacs

L Block
10-Marla = 32 to 37 Lacs
5-Marla= 22 to 26 Lacs

M Block
5-Marla= 21 to 23 Lacs

Note: 1-K Plot rates at 150 feet road 160 to 170 Lacs.

Development charges "not" included in above prices. Buyers must pay all least half development charges amount too before transfer in society office.

One kanal : 6 lacs
Ten marla : 3 lacs
Five Marla : 1.5 lacs

Transfer Cost (Including All Govt.Taxes)
5 Marla Plots =60,000/- Approximately
10 Marla Plots =1,05,000/- Approximately
1 Kanal Plots =2,10,000/- Approximately

Mian Waqas
+
Lahore Real Estate.

(81314)

Saeed Rafique

Friday, May 11, 2018 08:29 PM PST

Reply:

Lahore State Life Phase 1 Plots For Sale

State Life Phase 1 Lahore Commercial Plot For Sale

State Life Phase 1 Lahore Near F-1148 @ 160 Lacs 4 Marla
State Life Phase 1 Lahore Near F-1140 @ 155 Lacs 4 Marla
State Life Phase 1 Lahore Near F-1096 @ 135 Lacs 4 Marla

State Life Phase 1 Lahore Residential Plot For Sale

State Life Phase 1 Lahore Near D-08 @ 152 Lacs 120 1 Kanal
State Life Phase 1 Lahore Near E-30 @ 118 Lacs 1 Kanal
State Life Phase 1 Lahore Near F-156/A @ 95 Lac 10 Marla Corner

:forsale: :forsale:

State Life Phase 1 Vedio Update
https://youtu.be/Z01_-dr2JvY

State Life Phase 1 Map
http://lahorepakistan.net/State-Life-Lahore-Phase-1-Map.htm

For Buying and Selling Contact with confidence

Ch Saeed Rafique
03224333661
Lahore Real Estate
+92-42-111-111-040

(81313)

Thelma

Friday, May 11, 2018 01:28 AM PST

Reply:

Has Bahia town Karachi balloting for 125 sq yards plot been done today as promised??

Khan88 replied on Friday, May 11, 2018 05:46 PM PST

Would be interesting to know - theoretically they are not allowed to unless I misunderstood the SC judgement.

(81312)

DHA Lahore Phase 8 Broadway Commercial Latest Upd

Thursday, May 10, 2018 09:49 PM PST

Reply:

DHA Lahore Phase 8 Broadway Commercial Latest Update By LRE

DHA Lahore Phase 8 Broadway Commercial Latest Update By Lahore Real Estate May 2018

Lahore Real Estate® ( Where Dreams Come True )

(81311)

plots For Sale By Lahore Real Estate

Thursday, May 10, 2018 08:24 PM PST

Reply:

plots For Sale By Lahore Real Estate

Urgent For sale
Phase 8 Block W Plot # 726 @ 250 Lac
Phase 6 Block K 490/1+490/2 @ 520 Lac
Phase 7 Block X Plot # 336 @145 Lac
Phase 9 Town Block B
Plot # 7 @ 75 Lac

Adnan Siddiqui
+
Lahore Real Estate
+92-42-111-111-040

:forsale: :forsale:

(81310)

Farhan8700

Thursday, May 10, 2018 12:52 PM PST

Reply:

Ad Type

Phase

Block

Plot

Cur. Rate

9 Town

2051

Kindly evalute 9 Town 2051 A block

Kashif replied on Thursday, May 10, 2018 01:09 PM PST

it will be around 58-60 Lac. Because lot of houses are under construction in near surrounding.

Imran replied on Thursday, May 10, 2018 01:35 PM PST

Value of this plot is around 58-60 lac. Because lot of houses are under construction in near surrounding

LRE Support Staff replied on Thursday, May 10, 2018 02:41 PM PST

Dear Sir,
Your plot is around 55 to 57 Lac
For More Information Contact
Absar Hussain
+
Lahore Real Estate

Farhan8700 replied on Thursday, May 10, 2018 02:52 PM PST

Is it valued lower because of commercial in front? I expected it to be 60 plus.

Majid replied on Thursday, May 10, 2018 03:48 PM PST

Around 58 lac

(81309)

Waleed

Thursday, May 10, 2018 04:07 AM PST

Reply:

Pak arab f3 commercial

Ad Type

Block

Plot

Size

Road

Dealing

Commercial

220

A.o.A sir i want to purchase 5 marla commercial plot in pak arab f3 at main commercial bollyward on 220 ft road but i hear its fake one plot is sale to many peoples so kindlly tell me about it ..

(81308)

Farhan87

Wednesday, May 9, 2018 11:28 PM PST

Reply:

Price in DHA 9 Town expected to go down in next few months or not?

And please evaluate DHA 9 Town Block A 2051 5 marla

Khan88 replied on Thursday, May 10, 2018 01:58 AM PST

Apologies to pitch in. It is quite obvious DHA9 will have to adjust as investors stop parking illegal money in but it would take 6 months or so for the decline to come considering the vested interest of everyone and shear size of the phase. The only thing certain is there will be no increase in prices for the next two years or so.

Qureshi replied on Thursday, May 10, 2018 03:29 AM PST

Dear Farhan Bahi: In my opinion you can not expect any price revision in Dha 9 Town prices as of today. However, you will see further gradual gain in next 1.5 years. Construction activity is at its boom.

Izzy replied on Thursday, May 10, 2018 12:44 PM PST

Well in my opinion 9 Town is a 5 marla society 85%. Rest is 8 marla and 10 marla. Remember 5 marla is entry level plot size in DHA and only in 9 Town you can get 5 marla plot on good location otherwise mostly 5 marla plots are on boundary. Pls also remember prices decline where there is no construction activity. There is a massive construction activity going in 9 Town which means prices can slow down or stop increasing for a time being until election happen. Rest assure prices will not come down any way in 9 Town. There is lot of activity going in 9 Prism and 9 Town will serve as a gateway to it. If you are thinking of buying plot do so or you might miss the train. Good plots on good location asking is around 78 to 80 lacs but you can get a plot around 72 to 75 lacs on Good location. Also remember 9 Town is only dha project where buying & selling is happening all rest dha is dead. 1 kanal and 2 kanal houses and plots business completely dead. On average daily dha transfers are 40 in number out of which 65% is 9 Town.

Khan replied on Saturday, May 12, 2018 06:50 PM PST

In my humble opinion, invesing in DHA is not a gud idea .I invested alot in DHA prism and town in 2012 and 13. However my colleagues investments at same time in Izmir , jubilee town, nespak and other socities turned out to be lot more fruitfull as compared to DHA. Today I am atill paying dev charges with no on ground plots. If I had invested in other societies like nespak, izmir and other could have given me double profit and posession plots and free of dev charges burden.