Lahore Real Estate Forum

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(81267)
Monday, April 30, 2018 02:13 PM PST 

Can any one from LRE please explain what will happen to Property market before and after 1st July when non filers won’t be able to buy Property more than 4 million?Thank u

invester replied on Monday, April 30, 2018 11:32 PM PST 

down
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(81266)
Monday, April 30, 2018 03:03 AM PST 

Have a look at salient features of prism announced at the time of balloting.
Gated and walled phase. Where will be the gates. Dha multan constructed main gate before other development.
Church.
University
Hospitals. Only one hospital is mentioned in map.

Please share you views
>
(81265)
Sunday, April 29, 2018 10:42 PM PST 
Indus Town Gujranwla

Ad Type
City
Scheme
Phase
Size
Demand(Rs)
For Sale
Gujranwala
Indus Town
one
3 Marla
1,290,000
Indus Town Gujranwala is first realestate project in Pakistan for Low and middle Income group consisting of 3, 4 and 5 marla Plots. It ideally located near Citi Housing & More Eman Abad and approach is from GT Road and Canal. 3 Years Instalment plan. :pkf
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(81264)
Sunday, April 29, 2018 09:23 PM PST 
NFC2 Development images

There is significant improvement in NFC2 Development, New Satellite images are uploaded for that area, I am not sure what is impact on the price of property here.
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(81262)
Saturday, April 28, 2018 06:33 PM PST 
DHA Phase 6 Lahore Block Wise Prices Update April 2018

DHA Phase 6 Lahore Block Wise Prices Update April 2018




•°•RESIDENTIAL•°•

5 Marla Residential Plots
Block E = 55 to 65 lac (non possession)
Block D = 90 to 105 lac

7 Marla Residential Plots
Block J = 130 to 145 lac
Block D = 105 to 130 lac

10 Marla Residential Plots
Block A = 185 to 205 lac
Block D = 125 to 175 lac
Block L = 140 to 170 lac
Block E = 95 to 110 lac (non possession)

1 Kanal Residential Plots
Block A = 205 to 315 lac
Block B = 210 to 315 lac
Block C = 165 to 300 lac
Block D = 180 to 265 lac
Block E = 160 to 225 lac
Block F = 165 to 230 lac
Block G = 185 to 280 lac
Block H = 215 to 325 lac
Block J = 195 to 325 lac
Block K = 170 to 275 lac
Block L = 180 to 275 lac
Block M = 160 to 260 lac
Block N = 130 to 235 lac

2 Kanal Residential Plots
Block B = 650 to 675 lac
Block C = 625 to 650 lac
Block D = 500 to 575 lac
BlocK E = 415 to 550 lac
Block F = 550 lac
Block G = 575 to 625 lac
Block H = 650 to 700 lac
Block J = 625 to 650 lac
Block K = 550 to 650 lac
Block L = 575 to 625 lac


•°•COMMERCIAL•°•

MB Main (Possession)
Commercial Plots
4-Marla: 700 to 1050 lac
8-Marla: 1020 to 1100 lac

MB Back (Possession)
Commercial Plots
4-Marla: 500 to 750 lac
8-Marla: 800 to 975 lac

MB Main (Non-Possession)
Commercial Plots
4-Marla: 575 to 650 lac

MB Back (Non-Possession)
Commercial Plots
4-Marla = 425 to 450 lac

CCA-1 (C-Block)
Commercial Plots
4-Marla: 550 to 700 lac
8-Marla: 1000 to 1400 lac

CCA-2 (D/E Block)
Commercial Plots
4-Marla: 425 to 525 lac
8-Marla: 810 to 920 lac

L-Block Commercial Plots
4- Marla: 450 to 650 lac

2-Marla Commercial Plots (For Sector Shops)
80 to 175 lac

Thanks & Best Regards,
Saad Mahmood
+
Lahore Real Estate
+92-42-111-111-040
>
(81261)
Saturday, April 28, 2018 01:05 AM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
Dha
7
Y
556
1K
Kindly evaluate Dha P7 near 555-Y Block 1K

LRE Support Staff replied on Saturday, April 28, 2018 03:03 PM PST 

Dear Sir,
Your Plot is Around 125 to 130 Lacs
For More Information
Contact
Shahid Riaz
+923028449766
Lahore Real Estate
>
(81260)
Saturday, April 28, 2018 01:03 AM PST 
Dha 9Town

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
DHA
9 Town
A
370
5M
Kindly evaluate near 370-A 9Town 5Marla

LRE Support Staff replied on Saturday, April 28, 2018 02:51 PM PST 

Dear Sir,
Your Plot Is around 68 to 70 Lac
For More Information
Contact
Absar Hussain
+
Lahore Real Estate
>
(81259)
Saturday, April 28, 2018 12:45 AM PST 
Short term and long term impact of budget

Dear CMY sir I will be grateful if you could give your detailed analysis As to what will happen in short term and long term in Property market as now the budget for the next year has been announced.Thank you and best regards
>
(81258)
Saturday, April 28, 2018 12:18 AM PST 

NFC2 Development work for inner roads is in full swing. See attached most recent satellite snap.

Tan replied on Monday, August 13, 2018 07:51 PM PST 

Any further updates on nFC2 development.
Thank you
>
(81257)
Saturday, April 28, 2018 12:04 AM PST 
Be Tax Filers of stay away from Property

Sorry I have been out of Touch for last few months not because of lack of interest, but because my Point Blank analysis is in clash with others benefit, When market was beating up is Late 2015, I had been warning the people to invest cautiously and my estimate was that full paid average location plot in Prism should be about 80 Lac, or about 77 K Dollars, Others Believe it or not I have already tapped this opportunity. Details I will disclosed later.
Now Question of today is what is going to happen after imposition of "BAN" on Purchase of Plot worth More than 4 Million value.This is a well known fact that in spite of relief on Taxes on filers most of transactions in real estate are by non filers. It does not necessarily means that all investors had been criminal and and money was through illegal means but there is increasing reluctance of people to declare their money and income. Salary holders are exception and they are also not players in real estate market. My own intuition is that whatever you say, this Generation at least will never comfortably declare their income and assets. Next generation hopefully may change. Govt desperately needs to increase documented economy to continue growth pace and increase GDP.
I personally believe that if this ban Continues real estate will see worst time in decades. In 1999 Musharraf Govt was probing the income sources and it was considering to imposing 100,000 Property tax on more than one Kanal house, The Kanal houses fell to their lowest, in 1n 1995-96 a 10 Merla Double story new House was 28 to 30 Lac in Allama Iqbal Town, in 1999 to 2000 Prices fell to record Low and one Kanal Houses were sold in that price, One of our relative got one kanal single story new House in just 22 Lac.
If this ban is seriously imposed then a free fall in market will be seen the investors will exit and real estate sector may shrink to realistic size.

analyzer replied on Saturday, April 28, 2018 12:29 AM PST 

I agree, but we have to see if the next government keeps it or removes the filer condition. However due to FATF regulations, the Government is forced to document the economy, so there is a lot of international pressure to take these measures. lets see what happens.

Qureshi replied on Saturday, April 28, 2018 12:55 AM PST 

100% Agreed

Asad shah replied on Saturday, April 28, 2018 01:11 AM PST 

I think
prices of Dha bwp files and gujrawala 5 Marla files will gain as they are well under 40 lacs

Qureshi replied on Saturday, April 28, 2018 01:51 AM PST 

Asad Sb: Based on current market situation, what is the good price to secure 1K file of Dha Bwp as it is decreasing day by day?

Asad shah replied on Saturday, April 28, 2018 02:29 AM PST 

Dear Qureshi sb things are very uncertain at the moment.If you have an holding power of at least 1.5 to 2 years then you can go for Dha bwp which I guess has hit the rock bottom.Rest Allah knows better

Tahir Lutfi replied on Saturday, April 28, 2018 04:39 AM PST 

Filer or non Filer, Dha or non Dha, just stay away from property till the removal of this black law if declaration

Dollars will see significant gain from now and thousand of overseas will lose their investment in Dha and Bahria who have already invested. Especially
files if Dha will see a bad time

Muhammad Razzaq replied on Saturday, April 28, 2018 06:08 AM PST 

In current situation the best bet is possession plots of 5 marla. DHA or Bahria. What do the experts say about it?

Shahid1 replied on Saturday, April 28, 2018 09:22 AM PST 

Government has given an option to turn black money into white by paying a very nominal fine. Any investor with unexplained wealth should take advantage of this and then should pay his taxes honestly in future.
With little honesty everything will be fine.

ahmed replied on Saturday, April 28, 2018 11:06 AM PST 

Disagree, there are no other opportunities. People have money but there is no industry to invest, banks not paying enough interest, gold on peak. your assumptions are correct but investor cannot hold money. On the othr side enough is enough, people have to pay tax. They will accept it and move on. Only reason no other opportunities.

Ahmad replied on Sunday, April 29, 2018 01:41 AM PST 

The
prices may not go back to that extent as economy size has increased from 400-500 billion to 5900 billion.

replied on Sunday, April 29, 2018 05:15 AM PST 

There will be a dip in the market after which things will better than present scenario.

People will always be needing food , clothing and shelter... I think it will be a good opportunity to buy good stuff during this dip. Most of the buyers are overseas and their source of income is white....it's just that they were not motivated to bcome filers...once they and other investor become fillers and make use of lowest ever
transfer fee , there will be tremendous business... inshAllah

KSA Banker® replied on Sunday, April 29, 2018 03:58 PM PST 

Dear "Initiator of this thread", first of all, thanks a lot for posting an informative message. It is very unfortunate that such messages provoking lively debates and discussions have been missing from this discussion forum for the past couple of years. I hope all those folks who used to post their views of the market would start posting again as divergent views enrich market knowledge of an average reader of this forum like myself. We don't want sanitized views of any particular group with vested interest to post only rosy pictures. Please keep up the effort even if certain followers of the forum may not agree with your opinions. Secondly, you mentioned that you managed to find an average kanal plot deal with fully paid in Prism around 80 lacs. Once the transfer has been completed, please do share approximate
location so that potential investors like myself can also benefit from this precedent transaction as I am also looking for a couple of good deals. Thanks in advance and best regards.

invester replied on Sunday, April 29, 2018 04:10 PM PST 

I do not agree with . People invest in property to make a profit so its
prices reflect that. So its not like food or clothing. You dont buy clothes and not use them for 10 years and try to make a profit from them after 10 years. The property prices in Pakistan are way too high compared to our incomes and GDP. Most places in USA are cheaper than Pakistan. A house in New jersey costs less than a house in DHA or Islamabad. This cannot continue. THese high prices have made all other businesses un profitable as land is a basic input in any business. Its about time that people should start investing their money in actual businesses that generate income, give employment and give tax rather than investing everything in a plot which does nothing for the economic activity

Nabeel® replied on Monday, April 30, 2018 05:43 PM PST 

Thanks friend for sharing your views.

I have been tracking closely the Prism market for the last few years as a potential buyer.

We have to be careful when we mention 80 lakh all paid for average plot, as this would be a very rare case based on ill-informed or very desperate seller. We cannot generalize one deal. I have also made one deal on category plot quite below market but am very clear that it was a Black Swan event and I got lucky. At my purchase time, there were no other similar deals available, actually even average clean plot was not available as people are holding their plots mostly.

Prism
prices have seen correction two times after ballot. Once was in Oct 2016- Jan 2017 where prices fell upto 20 lakh as they were highly inflated and did not reflect the maturity of development at the time.

They then slowly started creeping upwards though not to earlier prices. Then went down again as is the current scenario where prices have been stagnant since few months while development charges are being incurred. However, even with cash in hand I have not seen 80 lakh full paid, or even 85 lakh or even 90 lakh full paid.

Dollar Dar replied on Monday, April 30, 2018 11:25 PM PST 

I think when folks refer to 80 lakhs, they mean $80K. In dollar terms average Prism plot decreased its value from $100K to $80K during the current downturn

P K Mirza replied on Tuesday, May 1, 2018 02:50 AM PST 

This is very good for all people who wish to get under their owned shelter (basic human need), if investors (in property) will suffer that is good too, because no country can develop with real estate, investors might consider other sectors like manufacturing and exports for their investment. Think big, see the big pictures and think about your country!
>
(81255)
Friday, April 27, 2018 07:03 PM PST 

When the main gate of prism will be constructed ?
And in drone videos I couldn’t see the boundary wall around prism.
Will there be a wall between prism and 9 town? And between Askari flats and prism?
>
(81253)
Friday, April 27, 2018 01:42 PM PST 

I have following two 1 kanal plots in lahore. need to sell one. Which one has more potential to keep?
DHA phase 8 S block
DHA phase 9 Q block

ahmed replied on Friday, April 27, 2018 01:45 PM PST 

Also if you can give me approx. value.
Many thanks

Team LRE replied on Friday, April 27, 2018 02:59 PM PST 

Sir! Please make me sure about plot numbers.

ahmed replied on Friday, April 27, 2018 03:16 PM PST 

both corner
S block 695 or 733
Q block 497 or 498

Saleem replied on Saturday, April 28, 2018 12:26 AM PST 

I have not seen s block plot but your prism plot is very odd shaped. I think you will not find a buyer for this kind of plot in even 105 lacs range with civil
update. Better to dispose off.

Surfer® replied on Saturday, April 28, 2018 04:43 PM PST 

Ahmed sb.
Seen your both plots on map. Regarding phase 8 S- 695 or 733. Although its corner but
location is week due to JV BOT side facing your plot for 200 kanal while S- 695 is also facing school secondly very deep in phase 8 S block.
Now comes to Prism Q block 497 or 498 although its not properly 50*90 plot but if we draw a line seems like you got extra land is an advantage to hold for your house. If you planned make your home location wise prism is much better than phase 8 as well as facing park & near to theme park. I think you should hold PRISM plot if you want to make your dream house.
In shaa ALLAH PRISM will gain more in future.

ahmed replied on Saturday, April 28, 2018 08:49 PM PST 

many thanks saleem saab and Surfer for your views. Just wondering any response from LRE?
>
(81251)
Friday, April 27, 2018 03:43 AM PST 

Will there any chance of Dha Bhawalpur prices going up before elections?Kindly do give your response on this LRE.Thank you very much indeed

Asad LRE® replied on Friday, April 27, 2018 05:17 AM PST 

dear Mian Kashif sb
sir there are strong chances if ph1
files issuance is closed

Asad

Qureshi replied on Saturday, April 28, 2018 01:56 AM PST 

Mian Sb: I believe price will be stagnant till elections
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(81250)
Thursday, April 26, 2018 09:10 PM PST 

Need to know A+ category Grey structure construction cost, also the A+ turn key construction cost, will appreciate if persons with knowledge can guide

Saif Saleem replied on Wednesday, July 4, 2018 10:09 PM PST 

Share drawings at and we can quote an estimate
>
(81249)
Thursday, April 26, 2018 08:35 PM PST 
DHA Phase 9 Prism Best Ever Drone View Latest Update By Lahore Real Es

DHA Phase 9 Prism Best Ever Drone View Latest Update By Lahore Real Estate Drone April 2018



We will update you soon with many more new detailed Videos
Regards,
Your Friend
Ch Mujahid Yasin (CMY)
+
Lahore Real Estate ®
+92-42-111-111-040
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AB replied on Friday, April 27, 2018 02:43 AM PST 

Sir Kindly record video with CMY audio.Don't like that music video also suggest in the video about investment,hot areas of future etc
>
(81248)
Thursday, April 26, 2018 08:10 PM PST 
DHA Phase 9 Town Project Details – Location Map – Possession statu

DHA Phase 9 Town Project Details – Location Map – Possession status


In current price ranges of possession plots among all phases of DHA Phase 9 Town is the best buy for genuine buyers with a lower budget. Possession plots are available here now at a much lower rate as compared to its surroundings. The good affordable options here already had started attracting the end users and builders from past couple of months.

Location:


DHA Phase 9 Town is located on a prime location on Bedian Road, it connects with Phase 9 Prism, Askari XI and Phase 6 from three sides. The main entrance of Society connects with D and E Block of Phase 6 on Bedian road. Currently, Government has a plan for the expansion of Bedian Road about 200 ft wide, when this will be completed then Phase 9 Town will be more easily accessible from Airport and Cantt through Bhatta Chowk.

Project Details:


This phase has divided into five blocks A, B, C, D and E with plot sizes of 5-Marla, 8-Marla and 10-Marla. The road structure here is of 30ft, 40ft, 50ft, 100ft and 120ft. Majority of the plots here were allotted to serving and retired army officials. Currently, DHA is in process of acquiring more land in surroundings of B and D block so further extensions of these blocks are expected in near future.

Possession Status:


All blocks had granted possession except E-Block which currently under development stage.

Investment Preference:


Although this whole phase is best for medium-term investment, all sizes of the plot are recommended here. Recently more than 200 site plans had been approved from DHA office for home construction. But currently Blocks A and C must be on your high priority as both of these blocks are on the main entrance and currently, many numbers of homes are under construction in these two blocks. One major factor that will lift up prices here in near future is the price difference of possession plots in Phase 6 and Phase 9 Town, if you see the 5 Marla possession plot in D Block of Phase 6 now which is currently at 90+ Lacs and here in 9 Town is near to 48 Lacs. So, expected gain here will be minimum 1 to 2 Million in next 1.5 years. Transfer Cost of 5-Marla, 8-Marla and 10-Marla is around 1.23 Lacs, 1.65 Lacs and 2.02 Lacs.

Below are the price ranges of plots:


5-Marla: 55 To 80 Lacs
8-Marla: 70 To 95 Lacs
10-Marla: 105 To 135 Lacs



Ch Mujahid Yaseen ( CMY )
+
+
Both numbers are reachable via WhatsApp (Prefer for Calls over texts)

For further Details and updates regarding real estate sector or having any question,Lahore Real Estate Discussion Forum*
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Tags:
DHA Phase 9 Town,DHA Phase 9 Town Development Video,DHA Phase 9 Town House for Sale,DHA Phase 9 Town Location Map,DHA Phase 9 Town Map,DHA Phase 9 Town News,DHA Phase 9 Town project details,DHA Phase 9 Town Project Status,Plot Rates in DHA Phase 9 Town,Plots for sale in DHA Phase 9 Town
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