Lahore Real Estate Forum

Monday, August 31, 2026 07:52 PM
Total Records: 99217   Records Viewed Per Page: 20
(76371)
Monday, September 26, 2016 10:37 PM PST 

Dear LRE Team/ Mian Waqas
Please kindly upload new Map for Sui Gas 2.

Thanks
>
(76370)
Monday, September 26, 2016 10:15 PM PST 

Is it a good idea to buy corolla and rent it out for monthly rent?

Is it better business than renting a house out?

If yes, how much profits estimated?

Which companies to give car to? Are they reliable?

Navid replied on Monday, September 26, 2016 10:29 PM PST 

Start Uber business....hire a driver for it.

Quite Lucrative!!!!

Navid replied on Monday, September 26, 2016 11:00 PM PST 

Go for two 660 cc Japanese cars .....spending 18-20 lac. Estimated return will be 1 lac per month per car !

Navid replied on Monday, September 26, 2016 11:07 PM PST 

A car, on average, remains in operation for 10 hours a day....
In each hour, let's say there are two rides each @350 rupees. It means, 350x2x10=7000 rupees....
Out of 7000 rupees, 4000 are the expenses(uber share, driver, fuel, maintenace), it means 3000 per day is the profit.

Haroon_16® replied on Monday, September 26, 2016 11:20 PM PST 

Thanks so much Navid bhai. So I need to give car to Uber. Can you please tell me how do I
contact Uber and ask them to take my car? Do they hire their own drivers or do I provide Uber with driver and car both?

Khurram® replied on Monday, September 26, 2016 11:32 PM PST 

Navid, these calculation seem confusing to me. If there were two rides, it means we did the business of 700 rupees only for that day. From where did this 7000 come in? Does it will mean uber will pay you from their pocked since the car was available for 10 hours of the day ? If so, does not make sense. Can you please explain?

Haroon_16® replied on Tuesday, September 27, 2016 12:00 AM PST 

Kharrum, he said 2 rides per hour, not day. Read his comment again.

AHMAD HASSAN® replied on Tuesday, September 27, 2016 12:01 AM PST 

Buy Mercedes only & rent out for weddings. Easy to manage & low risk as well.

Khurram® replied on Tuesday, September 27, 2016 12:20 AM PST 

Got it though 2 rides every hour and each costing Rs. 350 seems difficult but this makes the calculation correct.

Salman.A® replied on Tuesday, September 27, 2016 12:24 AM PST 

UBER or CAREEM are not lucrative business models for full time earnings. UBER is useful when you own your own car and want to share your monthly car expense. If someone goes to office in the morning , he can pick a ride and when he comes back he can pick a ride again. This way his monthly expenses of petrol etc will be covered. This is what uber is for.

UBER is not the main business at all in fact it is one of the worst. I will not go into details i will just give break down the profit calculation posted by mr Navid. I am assuming 2 rides per hour, even though it is highly impossible that you pick and drop 2 rides in one hour in LAHORE. but lets assume same constant as mr navid.

7000 per day Gross Earnings
1750(25%) UBER SHARE ----- = 5250

Rs. 350 Ride means 20 KM approx. i will assume minimum 6.5 Rs. per km petrol expense. For 40 km in 1 hour means 40*6.5=260 * 10 = 2600 Petrol Expense for whole day with 400KM Rides.

= 2650 Rs. Left

Drivers PAY 20000/Month which will translate into Rs. 770 per day ( driver will work for 26 days with sundays off ) and do not expect to get a literate driver for any less.

= 1880

Now with car travelling for 400KM everyday it requires 3 oil changes at 3000KM each. Each oil change cost approx 1800*3=Rs.5400/Month. which is Rs. 208 per day

= 1672

Now we come to maintenance . Tuning will be required at least monthly + car service + car wash + polish + etc etc and i will roughly calculate that to be Rs.7200/month or 277/Day

1672-277=1395

Now lets come to TIRES , average 50,000 KM for tires , which will take 5 months to change Tires cost about 25000 to change. So we will have cost of 5000/month or approx 200/Day

1395-200 = 1195

Now Last but not the least the car is depreciating and car with high milage will depreciate more
Depreciation is taken at 10% per annum ( which means 8333/Month depreciation or 320/DAY

1195-320 = Rs.875 Per day profit

I have done my best to be as low as possible or cost. I am sure the cost will be much higher for example car accident ? car stolen ? major accident ? total damage ? now if you want insurance then it will cost 3% per annum of the total cost of the car.


I will not get into insurance and calculate 875 as daily profits. Which turns out to be approx. 22500/MONTH.

its not that lucrative. and in real life when the car is on the road it will be far far less. Especially when you will goto the market to sell the car, all your profits will be washed out in depreciation.

In the End UBER is good for sharing your car expense not to run your kitchen. Unless you yourself drive the car then money can be made for monthly house expenses.


I have tried my best to explain in little more details about the expenses of driving a car on the road. Rest all of you are smarter than me. Make your own decision

( If there are any calculation mistakes please forgive me , this is not an exam it is just to show a real picture )

Haroon_16® replied on Tuesday, September 27, 2016 12:48 AM PST 

Ahmed sir, I am not that rich. Not even close. Salman bhai thanks so much for the effort you put in. Right or not, I appreciate your effort and also your points make sense. So taking Uber or Careem out of the equation, do you think I should give a car to any multinational company or those who run rent a car business? Any advice in that please? And if you have more options, please do share those as well regarding renting my car out business. Thanks.

Waseem® replied on Tuesday, September 27, 2016 01:44 AM PST 

Looks like property business had a real bad hit after all. We are discussing auto business on real estate website. SMH

Pakistan® replied on Tuesday, September 27, 2016 02:50 AM PST 

just watch tonight Kamran Khan program on Dunya news abt property business

it has collapsed

Navid replied on Tuesday, September 27, 2016 03:33 AM PST 

@ Salman A: I'm sorry....ONE BIG MISTAKE IN CALCULATION:

UBER CHARGES 350 FOR A DISTANCE OF approximately 13-14 Km (not for 20km) as follows:

base fare:150, per km charges: 6.84, per minute charges: 3.15

So if a ride of 13 km takes 25 minutes in Lahore, the charges would be calculated as: 150+ 6.84*13+ 3.15*25 = 350

Moreover, many a times, the surge of 1.2-2.0 is applied to the fares, making 350*1.5=500.

NOW DO YOUR CALCULATIONS.

BTW, EVEN AUTO RICKSHAW CHARGES 300 rupees for covering a distance of 10-12 km in Lahore, then how you are supposing that UBER will charge 350 for a distance of 20km????

Navid replied on Tuesday, September 27, 2016 04:08 AM PST 

I am assuming 2 rides per hour, each of 12km distance which is QUITE POSSIBLE( rikshaw charges 300 for a distance of 12km and UBER is a much better alternative and won't remain free at all).

7000 per day Gross Earnings
1400(20%) UBER SHARE ----- = 5600 : RIGHT NOW UBER SHARE IN PAKISTAN IS 20% not 25%.

Rs 350 ride means 12 km approx. So assume 6.5 Rs. per km petrol expense, for 25 km in 1 hour means 25*6.5=162*10-1600 petrol expense for whole day with 250 km rides.

= 4000 left

Drivers PAY 20000/Month which will translate into Rs. 770 per day
= 3230 left

Now with car travelling for 250KM everyday it requires 2 oil changes at KM each. Each oil change cost approx 1800*2=Rs.3600/Month. which is Rs. 105 per day

= 3125

Now we come to maintenance . Tuning will be required at least monthly + car service + car wash + polish + etc etc and i will roughly calculate that to be Rs.4000/month or 125/Day

3125-125=3000

Now lets come to TIRES , average 50,000 KM for tires , which will take 8 months to change Tires cost about 20000 to change. So we will have cost of 2500/month or approx 100/Day: This will be covered by ONE SURGE FARE PER DAY ON AVERAGE !!!


INSURANCE, DEPRECIATION etc: 15% of total i.e 500 Rs. per day
3000-500 = Rs.2500 Per day profit.
SO PROFIT PER MONTH= 2500*30=75000! THE SURGE FARES ARE EVEN HIGHER IN UBER, GIVING ONE THE OPPORTUNITY TO EARN MORE IN PEAK HOURS.

OK, even after considering the ground realities, let's say one earns 50k instead of 75k, it becomes a win win situation by investment of 1 million rupees car !

So by investing two cars of worth 2 million, one can earn at least at least 1 lac rupees per month by UBER according to my calculations!


(Thanks Salman A for providing the detailed scenario to be discussed...)

AHMAD HASSAN® replied on Tuesday, September 27, 2016 06:00 AM PST 

2005 E series will cost you 2.5m & 2016 corolla 2m. Difference is less but profit is high. Don't own risks. جس کا کام اسی کو ساجھے

Aarif replied on Tuesday, September 27, 2016 01:23 PM PST 

There is often shortage of cars (both on careem and uber). Careem is not even able to cover 20% of lahore with its current supply of cars.

Whereas in Uber (because of cars shortage), customers often pay on surge pricing (means paying 1.5-2 times of regular pricing).

So following can be concluded from above..

- There is great demand of this uber, careem alike services in lahore market. Where as the supply is very low. Because of that
prices (and yield) is higher as compared to regular pricing.

+3163 replied on Tuesday, September 27, 2016 07:56 PM PST 

Can anyone guide me whom to
contact for wedding services or hotel services. I need to rent my car to earn some extra bucks.

User_19767® replied on Tuesday, September 27, 2016 07:56 PM PST 

Can anyone guide me whom to
contact for wedding services or hotel services. I need to rent my car to earn some extra bucks.
>
(76367)
Monday, September 26, 2016 07:21 PM PST 
Sui Gas Phase 2 Lahore One Kanal Plot For Sale

Sui Gas Phase 2 Lahore One Kanal Plot For Sale

Sui Gas Phase 2 Lahore Near Plot No. A-58 At 68 Lacs
Sui Gas Phase 2 Lahore Near Plot No. A-154 At 60 Lacs
Sui Gas Phase 2 Lahore Near Plot No. B-205 At 65 Lacs
Sui Gas Phase 2 Lahore Near Plot No. E-620 At 66 Lacs
Sui Gas Phase 2 Lahore Near Plot No. F-244 At 60 Lacs
Sui Gas Phase 2 Lahore Near Plot No. G-114 At 63 Lacs
Sui Gas Phase 2 Lahore Near Plot No. G-441 At 62 Lacs

Sui Gas Phase 2 Map:
http://www.lahorepakistan.net/Sui-Gas-Lahore-Phase-2-Map.htm

For More Detail In Sui Gas Phase 2 Please Contact:

Mian Waqas
Lahore Real Estate
(Viber,Whatsapp,Imo)
INFO@LREPK.COM

:forsale: :forsale: :forsale:

Tag: sui gas phase 2,sui gas phase 2 map,sui gas phase 2 location map,sui gas phase 2 plots,sui gas phase 2 prices,

Sohail replied on Monday, September 26, 2016 08:01 PM PST 

Dear Mian Waqas
Please kindly upload new Map for Sui Gas 2.

Thanks

Lahore 56® replied on Monday, September 26, 2016 09:40 PM PST 

Is there any new map?

Awais replied on Tuesday, September 27, 2016 01:39 AM PST 

Dear lre
Pls evaluate following sui gas kanal plots

Pair 133c and 133d

Essa replied on Tuesday, September 27, 2016 01:39 AM PST 

Dear lre
Pls evaluate following sui gas kanal plots

Pair 133c and 133d
>
(76366)
Monday, September 26, 2016 07:04 PM PST 
>
(76365)
Monday, September 26, 2016 05:57 PM PST 
LRE Inventory 26 September 2016

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

>
(76364)
Monday, September 26, 2016 03:00 PM PST 
31461

Dear Jawad bhai / LRE Team.

Can you please evaluate the price of M-202 Dha Rahbar phase 2 extension.

kind regards,

Lahore Real Estate replied on Monday, September 26, 2016 06:07 PM PST 

Dear Zeeshan Sb,

Market price of your plot near M 202 is around 48 lacs.



Mian Rashid
+923028409967
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
>
(76363)
Monday, September 26, 2016 01:14 PM PST 
Property valuation

Dear LRE Team,

Please evaluate the following plot in Sui Gas 2:

113-B (1 kanal)

Thanks

Lahore Real Estate replied on Monday, September 26, 2016 02:17 PM PST 

Dear Sir,

Plot near B 113 is around 56 to 57 lacs.



Mian Waqas
+
Lahore Real Estate
Email:INFO@LREPK.COM
>
(76360)
Monday, September 26, 2016 01:43 AM PST 
Ring Road

Construction of 22.4 km Southern loop of Ring road underway near Khayaban-e-Ameen and Halloki village
>
(76359)
Monday, September 26, 2016 12:31 AM PST 

need urgent possession plot in central park for 3-4 million size should be 10 marla
>
(76358)
Sunday, September 25, 2016 03:39 PM PST 

Dear Brothers,

Can any one please suggest me a good area to buy a land for dairy farm business near or within Lahore- I would be looking some area in a range of 10 million.

Further to it, any constructive suggestions are also welcome related to subject business.

User_19953® replied on Sunday, September 25, 2016 10:08 PM PST 

Dear MFA,

A better option is to market existing available milk from remote areas. This to be done after you learn sophisticated technology to maintain quality and quantity your supply chain.Be a trustworthy middleman instead of doing this from scratch. For this you should select collection areas on N5 highway towards Multan.
As doing it from scratch is complicated and risky practice you will be needing a lot of skill/time to manage it.

MFA® replied on Monday, September 26, 2016 12:03 PM PST 

Appreciate that, would be much obliged if you could throw some more light on it. :)

AliAwan® replied on Monday, September 26, 2016 05:40 PM PST 

Dear MFA,

In lahore you will only be able to find 1 acre for 80 -90 lac in outskirts. i had done some research in past and i think the best area would be Lahore Nakana sahib road, reason is that its very cheap right know, and punjab govt is planning a new highway to nakana. Try to get land arround there. Range is 15-30 lacs per acre. Second best would be on motorway near the second interchange (i forgot the name) the land will have good access from motorway and also on an isolated area. The cost would be 25-45 lacs per acer. Personally i prefer motorway surrondings as it would give good access to lahore and a good place for farmhouse as well.

MFA® replied on Monday, September 26, 2016 07:13 PM PST 

@AliAwan

Great recommendations. I will look into it, btw as you mentioned that you did some research in past, so did you endup buying some good land?

AliAwan® replied on Monday, September 26, 2016 09:11 PM PST 

I was planning to start up the same business 2 years back but then i got a job aboard so moved from Pakistan. But i do have plans to start up such a business some time in future!! The good thing about this business is that you can have few other things along with this!! for example Claves Fatining and Goat Fatining and may be poultery as well on a smaller scale!! Good stable income but alot of supervision and hard work. I am sure you can manage that. Good luck !!

Muhammad Asif® replied on Tuesday, September 27, 2016 12:54 AM PST 

If you dont have previous experience of dairy farming then try not to go for it as your main business. It is very intensive management required business. The time one knows that it is not working normally becomes too late by then coz of its complicated model if one has no experience.
Instead goat farming is much better.. keep it as main business for meat and kurbani and keep very small dairy farm for running expenses of both units.
Later you can increase the size once you get the exp.

User_19953® replied on Tuesday, September 27, 2016 01:50 AM PST 

What i mean is you collect via specialized vehicles from good dairy farms outside Lahore and sell it in well being areas of lahore in good price.

For a starting point you can read through below
http://pakdairyinfo.com/

For networking go through this
https://www.facebook.com/groups//

MFA® replied on Tuesday, September 27, 2016 03:49 PM PST 

Thanks alot Aliawan - Appreciated

Muhammad Asif: Well I have heard the same from different groups and off course it requires a lot of dedication plus commitment to run it for profit.

User 19953: Very good point infact, I am interested in knowing more details about it. As what kind of specialized vehicles are required? Any other working on it? I will definitely check below links.

AliAwan® replied on Tuesday, September 27, 2016 04:30 PM PST 

Good point User 19953 but if you do the dairy business and have good milk production, Nestle and other companies collect it from your doorstep. Plus Nestle has a collection center near Kamoki.
>
(76356)
Sunday, September 25, 2016 02:05 PM PST 
Lahore Ring Road

Ring Road work is in full boom for Adda Plot interchange...

Very good sign for raiwind side properties

Ring Road replied on Sunday, September 25, 2016 03:49 PM PST 

What about other areas of Lahore ring road Southern Section

mkbkhalid® replied on Sunday, September 25, 2016 04:08 PM PST 

from adda plot to Multan road which will go from bahria any
update

User_16051® replied on Sunday, September 25, 2016 04:22 PM PST 

Recent
update is that Ring Road has started policing loop-3 strip inside bahria, they have already demolished bahria boundary wall in that portion from where LRR-3 would pass. and moreover affectees in Bahria town have already been given the forms by Bahria Management about the compensation options which they can opt to.
The other areas of LRR-SL would be equally beneficial.

FAA.awan® replied on Sunday, September 25, 2016 04:28 PM PST 

It's a time to invest in Raiwind side soceities nearby LRR. Very positive for those soceities.

LOYAL PAKISTANI replied on Sunday, September 25, 2016 09:58 PM PST 

Will Fazaya be divided in 2 parts by LRR. I think it will create bad impact like noice pollution n heavy traffic etc


What do you think ?

Ahmad786® replied on Sunday, September 25, 2016 11:10 PM PST 

People give such arguments against Fazaia for the past one year and
prices are almost double. Fazaia even after devided remain a beautiful liveable gated society. There is no commercial inside residence areas so it can be kept gated

Ahmad786® replied on Sunday, September 25, 2016 11:11 PM PST 

BTW alternate Raiwind Road has already divided into two and yet the
prices are still rising. LRR will bring more spice

LOYAL PAKISTANI replied on Sunday, September 25, 2016 11:37 PM PST 

Let's see in future.

Prices are also doubled on ADA Plot societies. I'm of the view that it will impact both positive n negative on society.

London replied on Tuesday, September 27, 2016 06:24 AM PST 

Buy Sector F commercials before they go beyond limits currently trading at lowest
>
(76355)
Sunday, September 25, 2016 01:41 PM PST 

Dear lre

Please follow evaluate the following plot

274 janiper sector c bahria town
>
(76354)
Sunday, September 25, 2016 01:18 PM PST 
Plot valuation

Dear LRE Team,

Please evaluate the following plot in Bahria Town Sector C:

147 - Nargis

Thanks

Ali replied on Monday, September 26, 2016 01:21 PM PST 

What is your demand?
If price is justified then we can have a deal via LRE.
>
(76353)
Sunday, September 25, 2016 01:09 PM PST 
>
(76352)
Sunday, September 25, 2016 01:06 AM PST 

I am looking for a 1 kanal plot in the range of 16-18 million in Lahore Phase 6, DHA. If anyone is interested please mention the plot number and a method of contact. Thank you.

Lahore Real Estate replied on Monday, September 26, 2016 02:10 PM PST 

Dear Sir,

Kindly
Contact Hassan Raza +923028449766.He give you better options in your budget.


Lahore Real Estate
Email:INFO@LREPK.COM
>
HTML code is disabled   Previous Page   Got to MORE Discussion or Ads on Next Page