Lahore Real Estate Forum

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(76851)
Wednesday, November 9, 2016 05:09 PM PST 
LRE Inventory November 09, 2016

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(76850)
Wednesday, November 9, 2016 04:34 PM PST 
Selling Advice

I am an overseas Pakistani and have purchased a couple of plots in Lahore in last few years before tax changes of July 2016. I would like to ask respected forum members to comment on how would be the experience to sell these plots. Do I need to show a proof of how I earned the income used to buy the plot? Is such a proof required at the time of purchase or sale or both?
Is it a better option to wait till it is 5 years before selling the plots?. Thanks.

Someone replied on Thursday, November 10, 2016 01:20 AM PST 

I am in the same boat.

Can someone please answer ??

ExpatPaki replied on Thursday, November 10, 2016 01:36 AM PST 

If any overseas pakistani has recently sold their plot, please share their experience.

M Ibrahim replied on Thursday, November 10, 2016 04:30 AM PST 

According to today's newspaper latest NEWS if u sell ur property then u will ve to pay 3% tax e.g. If u sell ur plot for Rs 1 Crore u ve to pay Rs 3 Lac in tax iske ilawa there is nothing they will nt ask u the source of ur income If u pay 3% at the time of sale

Observer replied on Thursday, November 10, 2016 09:56 AM PST 

nothing will happen nobody going to ask you, its my personal experience i have bought sold many plots from 2011 till 2016, nobody ever bothered me though i have legal source to tell and i'm not a filer as well buy never bothered by anyone

IjazIqb® replied on Thursday, November 10, 2016 06:42 PM PST 

Give 4-5 thousands to a lawyer to file your returns. Your tax will be 0 because your income is from foreign sources. You can also register online and file tax returns if you do not want to pay anything to any lawyer https://iris.fbr.gov.pk/infosys/public/txplogin.xhtml

I will recommend registering through a lawyer because online process takes more time and lawyer can get your name in ATL in few days.

This is the best way. You will become a filer and do not need to pay any extra tax. After your name is in ATL, you can save a lot of money in many departments including buying and selling of property.

No need to afraid of anyone. You can legalize everything without paying anything because there is no tax on overseas income. Without filing tax returns, you will always try to hide from FBR. Why you want to run away from FBR when you can become a filer with 0 tax?

My income was also from the foreign sources and I started filing tax returns with 0 tax since last two years. Now I save lot of money specially on bank transactions and token tax of my vehicles etc.

ExpatPaki replied on Friday, November 11, 2016 02:23 AM PST 

Thanks to everybody for sharing the helpful thoughts. Specially to IjazIqb for sharing their experience.

@IjazIqb - When becoming a filer for first time, do you declare your plots and provide foreign salary slips etc? Also can you please recommend a good lawyer for this purpose. Thanks.
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(76846)
Wednesday, November 9, 2016 01:19 AM PST 

Amnesty for property announced


https://goo.gl/mEvQHl

KK® replied on Wednesday, November 9, 2016 01:24 AM PST 

http://video.dunyanews.tv/index.php/en/mustwatch/59257/Govt-to-bring-amnesty-scheme-for-real-estate-investors-

Observer replied on Wednesday, November 9, 2016 01:35 AM PST 

ajj es khaber k anay se pahlay he market ka mood change ho raha tha. Lots of queries were there today. some people smel it coming alread. Market may jaan aa gi ab Insha Allah

AHMAD HASSAN® replied on Wednesday, November 9, 2016 04:05 AM PST 

انشاء اللہ

Surfer® replied on Wednesday, November 9, 2016 04:11 AM PST 

"In shaa ALLAH" Boom starts soon.

AK replied on Wednesday, November 9, 2016 06:43 PM PST 

Interesting comments, black money will become white "inshallah":)

AHMAD HASSAN® replied on Wednesday, November 9, 2016 07:21 PM PST 

Black money makers are not depending on this amnesty. They have many ways. But those converted white money to black due to system faults will get benefits. انشاءاللہ

Observer replied on Wednesday, November 9, 2016 08:10 PM PST 

I utterly agreed with you Ahmad sahib i do not why people here think that all real estate investors hold black money? There are lots of people which invested their life time savings and now stuck due to govt's bad policies
P.S: Not every one here is a blackia, please be considerate

Abdul Razzaq replied on Wednesday, November 9, 2016 09:29 PM PST 

Yes true, short cuts, our life could be easy if we stop thinking on short cuts. God help us all.

Babar Nazar Awan® replied on Thursday, November 10, 2016 01:47 PM PST 

two new developments, first FBR has raised voice against the scheme and second real estate association has asked for reduction of tax from 3 to 1 percent. Story is likely to take many turns before final thing emerge.
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(76844)
Tuesday, November 8, 2016 09:34 PM PST 
DHA Lahore Phase 9 Prism Plots For Sale

DHA Lahore Prism 9 Near Plot No.818 Block A At 120 Lacs(1 Kanal),
DHA Lahore Prism 9 Near Plot No.981 Block A At 122 Lacs(1 Kanal),Facing Park
DHA Lahore Prism 9 Near Plot No.155 Block A At 112 Lacs(1 Kanal),
DHA Lahore Prism 9 Near Plot No. 914 Block A At 108 Lacs(1 Kanal),2 Paid Army
DHA Lahore Prism 9 Near Plot No.890 Block A At 117 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No.120 Block A At 110 Lacs(1 Kanal),3 Paid Civil


DHA Lahore Prism 9 Near Plot No.162 Block P At 120 Lacs(1 Kanal), 80 Ft Road, Near Park
DHA Lahore Prism 9 Near Plot No. 484 Block P At 104 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No.298 Block P At 108 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No.556 Block P At 100 Lacs(1 Kanal), 3 Paid Civil
DHA Lahore Prism 9 Near Plot No.724 Block P At 80 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No.222 Block P At 120 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 269 Block P At 112 Lacs(1 Kanal),
DHA Lahore Prism 9 Near Plot No.119 Block P At 120 Lacs(1 Kanal),

DHA Lahore Prism 9 Near Plot No.06 Block Q At 120 Lacs(1 Kanal),
DHA Lahore Prism 9 Near Plot No. 532 Block Q At 110 Lacs(1 Kanal), 2 Paid, Next To Park.
DHA Lahore Prism 9 Near Plot No. 206 Block Q At 112 Lacs(1 Kanal), 3 Paid Civil

Price Range Of DHA Lahore Phase 9 Prism Residential Plots:
One Kanal Minimum 75 Lacs To Maximum 130 Lacs
Ten Marla Minimum 55 Lacs To Maximum 75 Lacs
Five Marla Minimum 32 Lacs To Maximum 44 Lacs

For DHA Lahore Prism 9 Map:
http://www.lahorepakistan.net/maps/DHA-Lahore-Phase-9-Map-Prism-9.html

For Best Buying And Selling In Prism 9 Please Contact:

Mian Fawad Ahmad
Lahore Real Estate
Cell: +923024489001
e-Mail: INFO@LREPK.Com
:sh: :sh: :sh:
DHA Lahore, DHA Lahore Prism, DHA Lahore Map, DHA Lahore Location, DHA Lahore Files, DHA Lahore Prism 9 Map, DHA Lahore Phase 9, DHA Lahore Phase 9 Plots, DHA Lahore Phase 9 Map, DHA Lahore Phase 9 Ballot, DHA Lahore Phase 9 Balloting, DHA Lahore Phase 9 Prism Development, DHA Prism 9, DHA Phase 9, DHA Phase 9 Plot
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(76843)
Tuesday, November 8, 2016 04:54 PM PST 
LRE Inventory November 08, 2016

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(76842)
Tuesday, November 8, 2016 03:09 PM PST 
Lahore Prism Commercial Plots For Sale November 2016


Prism Commercial Civic Zone-1 8-Marla Supreme Location


DHA Phase 9 Prism - Commercial Zone 1, DHA Phase 9 Prism, DHA Defence, Lahore

Lahore Real Estate Offers you one A+ category commercial plot DHA Phase 9 Prism

DHA Phase 9 Prism Civic Zone 1 Near Plot 12 @ 950 Lacs, 150 Feet Road, Conrer, 8-Marla

DHA Phase 9 Prism Civic Zone 1 Near Plot 158 & 159 @ 1500 Lacs, 80 Feet Road, 8-Marla Pair Conrer & Next to Corner ( Rare Deal To Find 16 Marla Commercial Plot At Such Top Location)

DHA Phase 9 Prism Civic Zone 1 Near Plot 113 @ 700 Lacs Next to Parking Area, 8-Marla

DHA Phase 9 Prism Civic Zone 1 Near Plot 162 @ 700 Lacs Prime Location,8-Marla

Oval Complex (Inner Side) Near 204 @ 425 Lacs, 120 Feet, 4 Paid Civil Installment

As far as investment options go phase 9 prism is the go to place where monumental gains are expected,

Best investment option for Aspirants in very reasonable price range,

Serious personnel contact please.

Prism Development Update : https://www.lahorerealesate.com/2016/10/24/dha-phase-9-prism-development-update-october-2016/

Salman Maqsood
+923224009967
Lahore Real Estate
Email: INFO@LREPK.COM

<a href=DHA Lahore Phase 9 Prism Development Update" width="662" height="497" />


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(76841)
Tuesday, November 8, 2016 02:28 PM PST 
Future for dha phase 8 z (10 marlas)

Is keeping dha phase 8 z (10 marlas) file for next 1 year good idea or bad.?
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(76836)
Monday, November 7, 2016 10:39 PM PST 

PLEASE EVALUATE BAHRIA TOWN BLOCK B PLOT NO 236 NEARBY
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(76835)
Monday, November 7, 2016 08:34 PM PST 
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(76834)
Monday, November 7, 2016 07:14 PM PST 
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(76833)
Monday, November 7, 2016 05:23 PM PST 
LRE Inventory November 07, 2016

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(76832)
Monday, November 7, 2016 03:13 PM PST 
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