Lahore Real Estate Forum

Wednesday, July 29, 2026 02:58 AM
Total Records: 99126   Records Viewed Per Page: 20
(78773)
Saturday, July 1, 2017 07:32 PM PST 
>
(78772)
Saturday, July 1, 2017 05:04 PM PST 
DHA Multan

Dear,
1 year back i purchased file of DHA Multan but havent collected the allottment letter as has not been able to travel to Multan.

Is it advisable to go and collect now or can defer collection lateron.
From safety perspective :h

ShahzadQamar® replied on Saturday, July 1, 2017 05:09 PM PST 

Your letter will be in safe possesion with DHA however it is always better to collect at the earliest.

LRE Support Staff replied on Saturday, July 1, 2017 06:09 PM PST 

dear Sir,
It is in safe custody for sure, Can collect any time as per your convenience.

Lahore Real Estate
>
(78769)
Saturday, July 1, 2017 02:04 PM PST 
DHA LAHORE PHASE Z PLOT NO. 153

DHA LAHORE PHASE Z PLOT NO. 153
DEAR FRIENDS AND SENIORS,

I WOULD LIKE TO GET CURRENT RATE FOR 1 KANAL PLOT IN DHA LAHORE PHASE 8 Z1 153.

APPRECIATE IN ADVANCE.

SHEIKH S,

Lahore Real estate replied on Saturday, July 1, 2017 04:31 PM PST 

Dear Sir,
Your Plot Worth Is Around112 Lacs With
Update Installment paid
For More Info Contact
Khadim Hussain
+
Lahore Real Estate
>
(78768)
Saturday, July 1, 2017 11:43 AM PST 
Prism commercials

Plz Eval Zone 1 8 Marla 150 foot road
Plot near 8
Thx

Lahore Real estate replied on Saturday, July 1, 2017 04:29 PM PST 

Dear Sir,
Your Plot Worth Is 875 to 900 Lacs
For More Info
Contact
Salman Maqsood
+923224009967
Lahore Real Estate
>
(78767)
Saturday, July 1, 2017 03:28 AM PST 
>
(78766)
Friday, June 30, 2017 10:08 PM PST 
price evaluation

Honorable Members of Lahore Real Estate. Kindly evaluate near plot 1064 , sector X, phase 8 and oblige.

Lahore Real estate replied on Saturday, July 1, 2017 05:42 PM PST 

Dear Sir,
Your Plot Evaluation Is Around 165 Lacs
For More Info
Contact
Khadim Hussain
+
Lahore Real Estate
>
(78764)
Friday, June 30, 2017 08:53 PM PST 
Miss commitment From Contractor regarding renovation of house

Dear Construction experts and relevant

AOA

Pls. advise me on this matter.
I signed an turn key agreement with a contractor to renovate a 10 marla house as per drawings (drawings given by me includes building, electrical and sewerage drawings. I get separate services of an architect for these drawings).
Before the signing of agreement the contractor visited the site and thoroughly viewed the site and then he gave me final quotation, i got two three more quotation and after comparing the items i selected this contractor.

The contractor violated agreement variously but main violation is time. The agreement to complete was 4 months but after passing 6 months he could not complete the gray structure (its very painful as we shifted to rented house).

2. Other Violation is Payment plan. He mention in agreement that 10% on different job but he insist to pay more amount for various activities and till yet i had paid 26/27 lacs which is almost 700,000 excess payments (as many activities not yet started/completed).

3. The quility of his work is not as per mentioned standard as he mentioned in his agreement that every activity will be A+ (the best quality available with their firm).
Some other violations which u understand as normal contractor did.

During last 2/3 months i ask him many time (not only personally but also send SMS and Whattsapp) to speed up my work and complete my work in time but his routine did not changed.
One or two times I want to kick him but my friends (Including one witness in agreement) ask me to continue work with him as money will struck so i kept mum to avoid disrupt my work.

Whenever i ask him about delayed work he says that your building was to complex and cost which he gave is too lesser. Although he did not ask to quit the agreement but his delaying tactic suggest me to think otherwise.

Pls. mention what should do in this situation as i am really disturb in this situation.
Best Regards.

Shahid1 replied on Friday, June 30, 2017 09:51 PM PST 

That is very common with more constructors. They try to get more money from you at the start of the project. If now he has less money to get from you and more work remaining then he will never finish it.
His goal is to re-negotiate agreement with you and get more money. Either you hire a new person or work with him, you will end up paying more money eventually. Either way in future, don't give contractors extra money up front.

Waseem® replied on Friday, June 30, 2017 09:53 PM PST 

Even if you have legal contract, it will be of no use. There are consumer courts, which probably can help. If you want to do legal action, these consumer courts can probably help. Do check with these consumer courts thoroughly before taking any action. 2nd option is to terminate contract with him & hire someone who can complete the job & this will rid you from further tension & trouble. If this contractor is making trouble he will continue doing same in future, so better kick him out.

ShahzadQamar® replied on Saturday, July 1, 2017 03:05 PM PST 

I dont think going legal will help you out anything as you yourself have breached by paying extra or upfront. The rules of agreement are straight that you pay on completion to enable you termination of agreement any time and to keep contractor under your terms. Now that you have already paid more than the work legal action will not give you anything except allowing you to terminate agreement without any further payment and perhaps thats what your contractor would love to have. I dont know the total value of your agreement and percentage completed but if you have not paid more than 50% better terminate and if you did better work it out with existing contractor to let it be done with some acceptable quality. Else if you have someone in POWER use him. Sharief banday ko bardasht e karna parta hy bus

JD replied on Saturday, July 1, 2017 05:04 PM PST 

I would suggest swallow the pill and move on. However what is the guarantee that your next contractor is not like him! It's a nightmare unless you know that the contractor is reliable. Unfortunately reliable and dependable and two words that even money can't buy in Pakistan !

Take the hit and move on - how much are you loosing out ?
>
(78763)
Friday, June 30, 2017 06:46 PM PST 

Plots For Sale In DHA Lahore Phase 9 Prism

1 Kanal



Q 258 At 95 Lacs Update Civil

10 Marla



R 294 At 76 Lacs Update Civil "120 Feet Road"

5 Marla



J 265 At 45 Lacs 5 Paid

K 1286 At 42 Lacs 5 Paid

For More Info Contact

Muhammad Fayaz
+
Lahore Real Estate



Tags,
dha lahore phase 9 prism,dha lahore phase 9 prism ballot results,dha lahore phase 9 prism balloting,dha lahore phase 9 prism development charges,dha lahore phase 9 prism location,dha lahore phase 9 prism map,dha lahore phase 9 prism plot prices,dha lahore phase 9 prism plots for sale,dha lahore phase 9 prism prices
>
(78762)
Friday, June 30, 2017 02:24 PM PST 
>
(78761)
Friday, June 30, 2017 01:47 PM PST 
Analysis

Dear all wise and experienced members of this forum.from past few months i wanted to lost this discussion on this forum but couldnot find time.my question is that its been two years phase 9 has been balloted and they were saying to give possesion in three years which means that only one year is left but the ground reality is that they have not been successful in developing even 25% of any of the the block in two years how it is possible they will handover entire phase in one year.lets have a flash back for you people phase 7 was not handed over in even 6 years so is the case with phase 8 which is still going through the same phase of development. Keeping in view that there size were smaller than phase 9. Furthermore dont forget about phase 5 m block which is still not been handed over considering it is just 1 block even after 5 years.so think about it.i think phase 9 cant be handed over in next four years keeping dha past record.so prices are bound to come down as you can find 4 marla comm in oval complex as you can in phase 6 cca where you can build and rent out right away.do you think if oval comp inner circle has rate of 5 cr and will increase with every day that means it will cross the phase 5 and phase 6 comm.so is the case you can also see the rates are almost same even the development charges are being added in it.please dont start bashing on me as i have 2 comm plot in inner circle and one kanal plot very near to theme park on 120 feet road and seconad one kanal plot on 150 feet road. I think we should be honest to our earnings and sayings.god bless all

anticipation@ replied on Friday, June 30, 2017 10:09 PM PST 

Yes,
prices will not increase. Happy! So please stay away then!

Ali replied on Saturday, July 1, 2017 01:30 AM PST 

Dear anticipation, very rude.
We may disagree but certainly respect one another.
No offence meant please.

Ehtesham replied on Saturday, July 1, 2017 06:55 AM PST 

Frustration of current slow market is obvious from the comment of anticipation. People like him do not have holding power and then crack when market correction occurs!

ShahzadQamar® replied on Saturday, July 1, 2017 07:56 AM PST 

Dear Saleem if u can retrieve my past posts I have said it many times that prism will not give posession before 2022 so its very clear that still 5 years to go or even more. regarding your question on gains residencial will gain slow double tripple times are gone now for prism. commercial is a mess because over priced in prism considering not even a single plot will start giving rent before 2025 so a good investor will never keep his money stuck for so long. regarding your concern on rates of residential to come down....its impossible....at these rates residential will not be down even 10% ever in future.

Saleem replied on Saturday, July 1, 2017 03:29 PM PST 

Dear shahzad qamar and anticipation if you remember in 2011 there was possesion in phase 6 you was able to find a good plot in b and h block in 80 lacs range including devlopment charges.so it all depends upon how long tbey take to develop it which dont looks like it will take atleast 4 to 5 years.if you are right if it increase 10 lacs per year so after 5 years it will be like 200 lacs for top
location.i dont think so.looking at past trends for phaze 5 ,6 and phase 8 which have top locations as compared to phase 7.coming to commercial it is totally un justified as we all know that it will be not ready for possesion for next five years.so no rent till then and secondly commercial prices increases only when the residential units increases drastically.look at phase 6 you can fond 8 marla in 8 to 9 crore andrent out for 4 to 5 lacs now.and you can get atleat 3 crore rent in five years and furthermore there is still lot room there as there is no kfc, mango,mcdonalds, jalal sons,gourmet resturant, bundu khan,enem,hardees, shezan resurant and bunreds of small brands of clothing and househols things to come oved there.its been 7 years and still its commercial is like 35% fill.so how do you think in next five years people will leave phase 6 where it would be lime housefull people will ignore its commercial and wait for phase 9 to buils there plaza.commercial always gain and give good rent when its densly populated so that people could do their business and could have number of customers.still people are waiting gor phase 6 to get more populated so that they can have more and more brands to bring there and so is the customers

ShahzadQamar® replied on Saturday, July 1, 2017 05:01 PM PST 

Saleem i did not get your point in second post. regarding commercial i have said the same thing that it is over priced in prism and will take long time to give returns. regarding commercial i am 100% positive that excellent
location plots will be above 250 in next 5 years.2011 rates of 6 can not be used as reference as 2010 to 2012 was a worldwide downtrend in realestate these were not normal years

Saleem replied on Saturday, July 1, 2017 11:12 PM PST 

Shahzad qmar sb i am trying to say that phase 9 comm is overpriced.it will take atleast five years for prism to be given possesion.we all know that commerial becomes successful when there is alot of houses there who can come and shop there.look phase 6 have got 400+ houses but still no jalal sons, enem store,mango, potpuri,hardees,kfc,mcdonalds,bread and beyond,gloria jeans, gourmet resturant,bundu khan shezan hotel and hundred of clothing and interior furnishers shop.even its been like 6 years of its possesion.look at phase 4 dd market it came housefull now after so many years as it is now densly populated so more and more customers for their things.so is the xx market. All i am saying is that there should be alot of buyers near the market that would make the commercial successful.otherwise no one would be constructing plaza where there is limited customers nor will they pay you good rents.

Saleem replied on Saturday, July 1, 2017 11:25 PM PST 

Secondly if they are giving you possesion after five years.you build a plaza over there who would be your customer as it also take residential to get constructed i think even max of the people start to construct their houses it normally takes a year or so to construct a house.so it will take more 2 years so that people get shifted in their houses and come for shopping.but this is exceptional case like how much time phase 5 took to get 300 plus houses or phase 6.these are huge phases lets have a example of 9 town which is much smaller than these phases which have got possesion from past 2 years how many houses are there constructing not more than 20 even after 2 years and the largest size of the plot is 10 marla means less construction cost.and we should also not forget it also has superior
location as prism has.so normally it take 3 to 4 years a phase to get max houses if there is max construction activity.but we all know that even it is residential 50% are investors who will not construct the house over there.so we should see all these factors.

Saleem replied on Saturday, July 1, 2017 11:25 PM PST 

Secondly if they are giving you possesion after five years.you build a plaza over there who would be your customer as it also take residential to get constructed i think even max of the people start to construct their houses it normally takes a year or so to construct a house.so it will take more 2 years so that people get shifted in their houses and come for shopping.but this is exceptional case like how much time phase 5 took to get 300 plus houses or phase 6.these are huge phases lets have a example of 9 town which is much smaller than these phases which have got possesion from past 2 years how many houses are there constructing not more than 20 even after 2 years and the largest size of the plot is 10 marla means less construction cost.and we should also not forget it also has superior
location as prism has.so normally it take 3 to 4 years a phase to get max houses if there is max construction activity.but we all know that even it is residential 50% are investors who will not construct the house over there.so we should see all these factors.

ShahzadQamar® replied on Sunday, July 2, 2017 02:08 AM PST 

yess there is no juice in prism commercial and possibly commercial
prices will fall. also one thing to note that still huge number of commercials in prism are not yet ballotted perhaps for future army allocation or installment option launch

ShahzadQamar® replied on Sunday, July 2, 2017 02:08 AM PST 

yess there is no juice in prism commercial and possibly commercial
prices will fall. also one thing to note that still huge number of commercials in prism are not yet ballotted perhaps for future army allocation or installment option launch
>
(78760)
Friday, June 30, 2017 01:08 PM PST 

Please evaluate the following
DHA-9-C-781
DHA-9-N-121
Thank you very much

Lahore Real estate replied on Friday, June 30, 2017 07:04 PM PST 

Dear Sir,
C-781@112 lac with
update
N-121@85 lac with update
For More Info Contact
M.Ihsan
+
Lahore Real Estate
>
(78758)
Friday, June 30, 2017 03:27 AM PST 
>
(78757)
Thursday, June 29, 2017 10:15 PM PST 

Dear sir can u pls evaluate the price of 1356 j and 1422 j prism?regards

Lahore Real estate replied on Friday, June 30, 2017 07:13 PM PST 

Dear Sir,
⁠⁠⁠⁠⁠J 1356 @ 34 to 35 lacs with
update installments paid
J 1422 @ 33 to 34 lacs with updated installments paid
For More Info Contact
Jawad Ahmad
+
Lahore Real Estate
>
(78754)
Wednesday, June 28, 2017 06:24 PM PST 
DHA Multan...Lovely Investment

Have spoken with another local resident of Multan today.

He has said there is a lot of pent up demand for quality housing in Multan. On average 12 lacks per marla prices in Wapda Phase 1. So 2 Crore plus for 1 Kanal.

Army captains have to wait over 2 years to get plot allocated in Cantt.

It will be the go-to area for most of the Southern belt army officers. Already many army officers allocated land in DHA Bhawalpur have asked to transfer their allocations to DHA Multan.

Multan is also one of the few major NODES on CPEC route in Punjab so future a lot of development expected.

Nabeel® replied on Wednesday, June 28, 2017 07:39 PM PST 

Please Note: DHAB is also good investment especially with ballot expected, most probably ballot for DHAB will be held in less than 9 months. However, the returns will taper off/plateau, after a while and investment needs to be moved elsewhere later.

Multan will continue to give (in worst case) 10 lakhs return on average every year for much longer, better annual returns if progress is better.

On investment of under 50 lakh, very good cash cow. Nothing in Lahore at this price at this entry point which gives net 20% annual returns. And not required to switch investment after 1 or 2 years.

manan replied on Thursday, June 29, 2017 01:36 AM PST 

AA Nabeel sb
Intresting analysis of
DHA multan. kindly propose your proposals for dha multan. regards

ShahzadQamar® replied on Thursday, June 29, 2017 02:19 AM PST 

Nabeel bro there are 9000
files for army those are already part of 6000 acre so there is nothing new here except an oversupply in market in coming times.

DHAB Question replied on Thursday, June 29, 2017 05:03 PM PST 

Nabeel brother please explain and shed some more light on this "However, the returns will taper off/plateau, after a while and investment needs to be moved elsewhere later."

Also tell me if someone wants to buy an installment residential file of 10 marla, what entry and exit point you recommend?

And the slow or fast gain will be associated with what exact events?

Thanks.
>
HTML code is disabled   Previous Page   Got to MORE Discussion or Ads on Next Page