Lahore Real Estate Forum

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(76641)
Wednesday, October 19, 2016 01:27 PM PST 

Dear LRE team,

Could you please evaluate the following Commercial plots:

Phase 6C, CC2 PLOT NO. 241, 4 Marla Comm

Phase 6C, CC2 PLOT NO. 213, 4 Marla Comm

Thank you very much

Rahat Ali :flg
>
(76638)
Wednesday, October 19, 2016 03:17 AM PST 
Second phase of recession

Second phase of recession is about to come. We can see further drop in property prices.

User_6006® replied on Wednesday, October 19, 2016 04:12 AM PST 

where is phase 1 located ?? :P

Fed up replied on Wednesday, October 19, 2016 11:28 AM PST 

Aay tinday lay gobbi lay aalo lay PROPERTY laayyy.....
Hope now Ahmad Hassan sb. would find some vicious satisfaction.

Observer replied on Wednesday, October 19, 2016 11:49 AM PST 

feb up bhai Ahmad sahib ki purani aadat hai. khud en sahib k pass hai kuch nahe dorson ki life saving par kahtey hain dob rahe hai aur chaskay laitay hain. leave it

Ejaz_EJ® replied on Wednesday, October 19, 2016 12:15 PM PST 

Ahmed Bhai, be optimistic always, and please avoid such a pessimistic approach.
you will see a good returns on property by starting from next month and onwards.

Aseem replied on Wednesday, October 19, 2016 12:28 PM PST 

We may like it or not, today's dawn substantiates this point...read news regarding rupee free fall against $ due to tax on 'real estate'.....

HassanHC® replied on Wednesday, October 19, 2016 12:31 PM PST 

Sir Jee relax phase 1 is any ways not bad and ppl getting use to it. Few months dull patch is common after every major push

AHMAD HASSAN® replied on Wednesday, October 19, 2016 01:38 PM PST 

At least we see some activity on this blog, although am target for all. But reality can't be changed. This is true one has cash ready will take advantage from this phase. Please look at file
prices, falling on daily basis. If this is not recession, come out & buy because you ve something while I don't ve :)

Nabeel® replied on Wednesday, October 19, 2016 01:53 PM PST 

Ahmed bhai can you share some numbers or examples of how much property
prices dropped from last 4 months /Eid Ul Fitr?

Arif M® replied on Wednesday, October 19, 2016 02:02 PM PST 

Balance of optimism and pessimism is key for any good analysis. As they say hope for best but prepare for worst.

Ahmad sb. can you share the logic behind your analysis. Any updated info about market activity will be helpful for all of us.

Adnan_Ali® replied on Wednesday, October 19, 2016 04:44 PM PST 

If you are talking about Global Recession expected due to "Donald Trump if elected" or if its about Pakistan (political instability). PSX Stock Index is already experiencing this.

Local Property Market is already experiencing slowdown/correction and no one is declining this (its Fact) so lets see what outcomes after few week.

Khurram11® replied on Wednesday, October 19, 2016 05:03 PM PST 

@Ahmad Hassan: which file
prices are falling on daily basis? Plot prices may have decreased a little bit, but to claim that 'file' prices are 'falling' daily is very dramatic. If you just check LRE website file prices 4 months ago, almost all are at the same price! Infact DHA Gujranwala file prices increased during this period.

Well Done replied on Wednesday, October 19, 2016 06:15 PM PST 

Dear Friends,

Please don't blame Ahmad Hassan Sb. He is only doing his job, and gets paid for spreading Pessimism. Well Done Ahmad Hassan Sb!

AHMAD HASSAN® replied on Wednesday, October 19, 2016 06:52 PM PST 

My role is 0 in current situation. This has been set by default. None of market/business can grow without facing recessions. Even traffic on this Web page has been reduced. Worst is about to come but all will pass INSHALLAH.

test replied on Wednesday, October 19, 2016 08:59 PM PST 

There is a lot of sense in what AH is saying..I have been in touch with dozens of fellows here in Muscat and vast majority of them want to sell property, few buyers are waiting for the right time to make a deal. Public is in deep waiting mode due to short fall in remittances and expected unfortunate rupee devaluation.

AHMAD HASSAN® replied on Wednesday, October 19, 2016 10:01 PM PST 

Prisim 1K was 78 now 75
Prisim 10M was 59 now 53
Prisim 5M was 34 now 31
Town 5M was 46 now 36 (I picked one at 35 few days before)
Rahbar Commercial was 230 now 160
Park View Commercial was 330 now 230
10 to 15% prisim plot
prices has dropped.
DHA daily transactions reduced from 200 to 10 now.

Zeeq® replied on Wednesday, October 19, 2016 10:30 PM PST 

I am partially agree with AHMAD HASSAN@ Statement. Market can't be controlled through wishes.
Life is full of Ups and Downs...so is market. But remember one thing..
Long term investor always WIN ...

User_PK9549® replied on Wednesday, October 19, 2016 11:32 PM PST 

Any one who wants to buy cheap property can
contact Ahmed Hassan. Ahmad Hassan you can earn handsome amount in this recession if you can help people to find cheap property. The offers I get for my plots are more than I use to get before your first phase of recession. Hopefully your second phase of recession would earn me few lacks more now :P

ahmad hassan (Positive) replied on Thursday, October 20, 2016 03:20 AM PST 

Ahmad Hassan is Dil Jala, a negtive person, lena daina kuch veee nai aweee da expert....

CuriousInvestor replied on Thursday, October 20, 2016 11:52 AM PST 

Asa,

I just want to request that we all refrain from the personal attacks going on in this thread. Just because there is a difference in opinion doesn't mean we should degrade one another. If you do that, then what is the use of a DISCUSSION forum? Respect each other and yourself enough to not partake in such acts.

Rana Mujahid replied on Thursday, October 20, 2016 03:11 PM PST 

One should not attack anyone for his personal opinions, had these been genuine opinions. The reason for attacks is the deliberately misleading comments.

Whosoever regularly visits this forum can easily judge that Mr. Ahmad Hassan is not an investor himself, but just an agent of someone who is assigned the task of spreading negativity in the market.

AHMAD HASSAN® replied on Thursday, October 20, 2016 06:02 PM PST 

Dear Rana, am not the one who launched ID, bring FBR in action mode & put market in correction mode.
Prices are going down & down. In fact such dips cause market more strong. No one can earn if market always go up. Train must stop at stations & let others to join the journey. It's a quite logical. Yes I will call it second phase because 50% of my coleagues lost job this month. All were investors & sending remitance to Pakistan. There is nothing negative hidden. I am really sorry if someone changed mind to buy due to my comments & hurts to short term investors as they are in try to sell & grab cheap deals.

Muhammad Asif® replied on Thursday, October 20, 2016 07:32 PM PST 

@Ahmed Hassan sb, Agree with you. Also a big dent of GCC situation is still in pipeline. It could be a worst if happens.

http://www.argaam.com/en/article/articledetail/id/449687

Nabeel® replied on Thursday, October 20, 2016 07:49 PM PST 

To be honest till today price drops have not been very significant, many on hold, some fallen. Only activity has reduced.

Bahria Orchard 10 Marla
prices dropped by 8.5% in September alone as per Zameen.com

CMY Sb. mentioned "many lakhs" reduction in Prism.

I have spoken to a few renowned dealers and they have mentioned some reduction in 1 kanal prices in Phase 7, and a negative outlook for Prism over the short-term with recommendations to hold buying.

The Middle East factor is looking increasingly bad for 2017, a few friends have gotten laid off recently and the outlook for 2017 is worse than 2016. Oil agreements look increasingly difficult to happen, and in its absence Shale Oil continues to affect the create the new equilibrium.

I hope people do not blindly start plugging their money into Pakistan stock exchange seeing its dizzying performance since last year : Everyone cannot be a winner, and when it crashes it will be ugly.

Economists are saying it is a time of "wealth preservation".

Khawaja Qasim® replied on Friday, October 21, 2016 05:24 PM PST 

@Ahmad Hassan Sb. DHA 9 Town 5 marla at 35 is an excellent pick, can you tell which block and nearby
location!
Thank you very much!

User_19953® replied on Sunday, October 23, 2016 04:58 PM PST 

Dear Ahmed Shahib,

please if you can share details from of DHA town 5M and from where you have purchased it.


Regards
Khuram
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(76637)
Wednesday, October 19, 2016 03:11 AM PST 
Price verification

Salam, I want to know the exact price of my plot as it is on the main road. Plus I want to know if I should keep this plot or not as phase 7 as shown very little growth.
Plot # 2220, Phase 7, Y block, DHA

Lahore Real Estate replied on Wednesday, October 19, 2016 02:07 PM PST 

Dear Mr Omar,

Phase 7 near Y 2220 worth is around 125 to 130 lacs.

Its right time to sell.



Hassan Raza
+923028449766
Lahore Real Estate
Email:INFO@LREPK
>
(76636)
Wednesday, October 19, 2016 02:31 AM PST 

Today I visited Bahria EMC. At the end of B block, I saw a lot of homes being constructed simultaneously. I got a feeling they are like Bahria Homes/Model Houses or something because the pace was very fast. A lot of work being done.

Does anyone have idea about it? I mean, what are they and what is their anticipated launch price? Future of this society? Pretty good?
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(76632)
Tuesday, October 18, 2016 09:16 PM PST 

DHA Phase 8 Z Block IVY Green Plots For Sale





1 Kanal



Plot # Z1 - 116 At 125 Lacs ( 3 paid army).

Plot # Z1 - 48 At 125 Lacs ( 3 paid army).

Plot # Z1 - 10 At 120 Lacs ( 3 paid army).

10 Marla




Plot # Z4 - 1086 At 82 Lacs ( 3 paid civil + Corner + 80 Feet Road ).


Plot # Z5 - 539 At 70 Lacs ( 3 paid civil).

Plot # Z5 - 550 At 70 Lacs ( 3 paid civil).

Plot # Z6 - 372 At 80 Lacs ( 3 paid civil facing kanal).

5 Marla



Plot # Z4 - 329 At 52 Lacs ( All dues clear).

Plot # Z4 - 253 At 50 Lacs ( All dues clear).

Plot # Z4 - 544 At 52 Lacs ( All dues clear).


See Phase 8 Z Block IVY Green Developments Picters Click Here




Khadim hussain
+
Lahore Real Estate
Email:INFO@LREPK.COM






:forsale:
>
(76630)
Tuesday, October 18, 2016 07:30 PM PST 
Model housing scheme, ferozepur road lahore.

DO any body has any update about this scheme on ferozepur road , before central park.
Is this society LDA approved.
:h
>
(76629)
Tuesday, October 18, 2016 06:30 PM PST 
Tax filer / Non filer

Dear Sirs,

I am working oversea and planning to make a transaction of around 15 mio for property purchase.
Since the bank charges Tax 0.6% for non filer and 0.3% for filer for any bank draft or cash
The Tax amount will be 90K for non filer and 45K for filer.

A bank employee informed me that follow the transaction as non filer and dont go for registration because govt/fbr will start sending you notices every year and will charge your fixed amount every year even you dont make any further transactions.

Please advise me; what is better option?

HussainD® replied on Wednesday, October 19, 2016 01:21 AM PST 

AoA,

I don't think that the bank employee's information is correct. There is no fixed amount for charges. However, you will be supposed to file your tax return every year to remain active on tax payer (filer) list. In my opinion, you are more likely to get notices about source of income if you are non-filer. I would personally go for filer choice. By the way, I am also an overseas and I am filer. I file my return every year and declare 0 income and pay 0 tax as I don' have income in Pakistan. It would be even better for you to consult a tax consultant in Pakistan to have a more authentic view.
Regards,

zeeshan replied on Wednesday, October 19, 2016 02:09 AM PST 

If you have a gud tax filer that wont happen and depends on source as well ...

NT replied on Wednesday, October 19, 2016 12:34 PM PST 

For filer there is no tax (0.3%) if they make payment through cheque/pay order. Secondly this is my third year as a filer & I never received any notice.

Ibrahimdxb replied on Wednesday, October 19, 2016 04:37 PM PST 

Asif Sahib: since you are overseas and source is foreign remittance. please become a filer and there is no issue of FBR. there will be no income tax on your return but only you have to pay Rs.3000 etc to income tax wakeel for submission of your income tax return on line. you will have more benefits as filer in case of buying or selling etc.

Me also an overseas and did same (become filler) and on property transactions I saved hundreds of thousand due to filer only without paying any income tax for the last so many years. Don't listen to banker etc. even in banks transactions there is much more benefits for fillers than non fillers. thanks

Siddique® replied on Wednesday, October 19, 2016 05:09 PM PST 

I am a volunteer filer from last 3 years on FBR portal, and i never had any such notice so far.

MMM replied on Wednesday, October 19, 2016 07:30 PM PST 

No WHT is charged for bank draft for filers. Also 0.3% deducted on cash withdrawals above Rs. 50,000 per day which is also refundable/adjustable by the filer.

FAROOQ Ahmad replied on Thursday, October 20, 2016 11:41 AM PST 

Dear Ibrahim Sb, We would appreciate if you please give us the
contact no of your tax Lawyer who charges Rs 3k. I would like to avail his services. Regds.
>
(76628)
Tuesday, October 18, 2016 04:57 PM PST 
LRE Inventory 18 October, 2016

Click On Image To Enlarge
Click On Image to make it larger

>
(76626)
Tuesday, October 18, 2016 01:39 PM PST 

State Life Phase 2 Plots For Sale


JJ Plot # 699 @ 29 Lacs Very Good Location ( Attractive Deal ).


BB Plot # 927 @ 31.50 Lacs Located at 100 feet Road.


For Best Buying Selling In State Life Phase 2 Plz Contact.




Saeed Rafique

+923224333661


Lahore Real Estate

Email:INFO@LREPK







:forsale:
>
(76625)
Tuesday, October 18, 2016 01:38 PM PST 
Cur Rate

Dear LRE team,

Could you please evaluate the following Commercial plots:

Phase 6C, CC2 PLOT NO. 241, 4 Marla Comm

Phase 6C, CC2 PLOT NO. 213, 4 Marla Comm

Thank you very much

Rahat Ali
>
(76623)
Tuesday, October 18, 2016 03:17 AM PST 
DHA Lahore Phase 9 Prism Plots For Sale

DHA Lahore Phase 9 Prism Near Plot No.121 Block A At 105 Lacs(1 Kanal)
DHA Lahore Phase 9 Prism Near Plot No. 366 Block A At 105 Lacs(1 Kanal)
DHA Lahore Phase 9 Prism Near Plot No.625 Block A At 125 Lacs(1 Kanal),

DHA Lahore Phase 9 Prism Near Plot No. 751 Block P At 88 Lacs(1 Kanal)
DHA Lahore Phase 9 Prism Near Plot No. 933 Block P At 96 Lacs(1 Kanal)
DHA Lahore Phase 9 Prism Near Plot No. 879 Block P At 126 Lacs(1 Kanal), Corner, 80 Ft Road
DHA Lahore Phase 9 Prism Near Plot No. 178 Block P At 115 Lacs(1 Kanal)
DHA Lahore Phase 9 Prism Near Plot No. 294 Block P At 120 Lacs(1 Kanal)
DHA Lahore Phase 9 Prism Near Plot No. 628 Block P At 90 Lacs(1 Kanal)
DHA Lahore Phase 9 Prism Near Plot No. 514 Block P At 105 Lacs(1 Kanal)

DHA Lahore Phase 9 Prism Near Plot No.786 Block Q At 122 Lacs(1 Kanal),
DHA Lahore Phase 9 Prism Near Plot No.206 Block Q At 115 Lacs(1 Kanal),
DHA Lahore Phase 9 Prism Near Plot No. 623 Block Q At 100 Lacs(1 Kanal),
DHA Lahore Phase 9 Prism Near Plot No. 06 Block Q At 116 Lacs(1 Kanal),

Price Range Of DHA Lahore Phase 9 Prism Residential Plots:


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 DHA Prism 9 Please Contact:

Mian Fawad Ahmad
Lahore Real Estate
Cell: +923024489001 (Whatsapp, Viber, Line)
e-Mail: INFO@LREPK.Com
:forsale: :forsale: :forsale:

Waqar khan replied on Tuesday, October 18, 2016 07:51 AM PST 

Do you have any confirmed commercial available in phase 9 prism zone 1 8 Marla on 150 foot road
How is availibility of commercial in prism
Thx

Lahore Real Estate replied on Tuesday, October 18, 2016 01:30 PM PST 

Dear Mr Waqar,

Kindly
contact Salman Maqsood +923224009967.



Lahore Real Estate
Email:INFO@LREPK.COM
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