Lahore Real Estate Forum

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(76256)
Sunday, September 18, 2016 03:48 PM PST 
Pakistan Property Taxes Latest News

Worth watching

https://www.youtube.com/watch?v=p3DfVuRqj6c




CMY

M Zahid® replied on Sunday, September 18, 2016 05:36 PM PST 

o - FBR role should be abolished.
o - Transactions be recorded on actual value and DC values brought up.
o - Taxes to be reduced to keep the balance with increased sale / purchase price.

One thing more!
Overseas Pakistanis should be given facility of overseas bank account. Transaction from that should be considered legal and a proof of income not required for tax purposes.
Fair and transparent transactions are in every ones interest and hope govt will move early before getting the situation bad

Habib replied on Sunday, September 18, 2016 06:49 PM PST 

M Zahid,
"Overseas Pakistanis should be given facility of overseas bank account. Transaction from that should be considered legal and a proof of income not required for tax purposes"

I opened Both Local and FC Account in Lahore near my house staying abroad, If you are in UAE go to nearest UBL/HBL and Discuss with Manager, they Cheque 50 DHs Fees, in 3 weeks they deliver your Cheque Books, On reaching Lahore you have to activate Cheque Books that is 5 Minute Job open with minimal amount and then you can operate it fully once all things OK

User_G7722® replied on Sunday, September 18, 2016 07:10 PM PST 

@ Mr Zahid: Well said and balanced points.

@ Mr Habib: You have mentioned "opening of account" procedure for expats but Q raised by Mr Zahid is there- - - "transactions via this account need legal proof of income or not?"

I talked to UBL staff in Doha for this type of account. They said you still need legal certificate and each certificate costs QR-150 (~4300 Rs). This certificate can be taken for each transaction alone or for 1,2,3 years cumulative transactions.

M Zahid® replied on Sunday, September 18, 2016 08:18 PM PST 

Thanks User_G7722,

Point well explained. Transaction from OPA(oversea Pakistani Account) to be considered proof of income for tax dealings. There is not such status to encourage OPs to invest back in the homeland.

User_PK9549® replied on Sunday, September 18, 2016 08:26 PM PST 

Changes changes and changes will make the situation more confusing. To put an end to all this confusing situation, all Dar needs to do is reverse all the changes he made in the tax percentages and that theory of fair market value and FBR.

Once it's been reversed, all they need to do is to increase the DC value and that is it. Business will be good again and Gov will generate more revenues than before.

Win Win for all !

Basharat replied on Monday, September 19, 2016 01:33 AM PST 

There is Allied Express Account in Allied Bank which is tax free and only way to do credit transactions is through remittance from abroad. Debit transactions you can do like normal account. I was told by bank manager that there is no. tax on debit transactions from this account. So, I opend it and using it. May be other banks have similar accounts.
You do not need proof for CBR for source of funds as only way to deposit in it is through foreign remittance.

Arif M® replied on Monday, September 19, 2016 01:37 AM PST 

Agree with suggestions of AQEEL dedhi.

Transactions should be recorded at actual rates.
Tax rates/transfer fees should be reduced to 1 or 2%.

This way there will be no black money issue. No fear of blackmail from FBR. No confusion of varying federal /DC rates. Since transfer fees will be 1-2% of total amount so buyer/seller will also not have any issue with it.

AHMAD HASSAN® replied on Monday, September 19, 2016 03:24 AM PST 

I also agreed with Adeel Deedhi, first time someone talk about right solution.
>
(76254)
Sunday, September 18, 2016 06:48 AM PST 
>
(76253)
Sunday, September 18, 2016 02:05 AM PST 
price evaluation

dear LRE plz evaluate latest price of DHA-7,near plot no 1045-U.
thanks and regards.

Lahore Real Estate replied on Sunday, September 18, 2016 04:42 PM PST 

Dear Asad Sab,

Your Plot Near U-1045 ( Phase 7 ) Can be Sold Around 135 Lacs


Khadim Hussain
+
Lahore Real Estate
Email:Info@lrepk.Com
>
(76252)
Saturday, September 17, 2016 08:21 PM PST 
Commercial Plots For Sale In DHA Defence Lahore

DHA Lahore Commercial Plots For Sale September 2016



DHA Phase 6 CCA Near 52 @ 1200 Lacs. 8-Marla


DHA Phase 6 CCA Near 146 @ 550 Lacs. 4-Marla


DHA Phase 6 CCA-2 Near 70 @ 900 Lacs. 8-Marla


DHA Phase 6 CCA-2 Near 218 @ 460 Lacs. 4-Marla


DHA Phase 6 CCA-2 Near 62 & 63 @ 1850 Lacs. 8-Marla Pair



DHA Phase 7 CCA-4 Near CCA-4 339 @ 350 Lacs. 4-Malra



DHA Phase 8 Z-Block Ivy Green Z1 Near 25 @ 650 Lacs. 8-Marla


DHA Phase 8 Z-Block Ivy Green Z1 Near 54 @ 650 Lacs. 8-Marla


DHA Phase 8 Z-Block Ivy Green Z6 Near 02 @ 280 Lacs. 4-Marla. Very Good Deal


DHA Phase 8 Z-Block Ivy Green Z2 Near 147&148 @ 700 Lacs. 4-Malra Pair

:sh: :sh:



For More Info or To Buy and Sell IN DHA Lahore Commerical




Salman Maqsood

Lahore Real Estate ®

+923224009967

+923004009967

Email: Salman@LREPK.Com


User_12115® replied on Sunday, September 18, 2016 03:45 AM PST 

can any admin register my nick to BK
thanks
>
(76250)
Saturday, September 17, 2016 06:27 PM PST 
1 kanal for 80 lacs

Can I get a 1 kanal plot for 80 in DHA? Want to build house in next 3-6 months.

Jameel Mughal® replied on Saturday, September 17, 2016 08:44 PM PST 

Yes in 80 to 90 You can Get Compromised
Location in Z2 Block Phase 7 very near Nallah, which is not bad for living no smell as Nallah here is only storm water drain. Same is true for Y Block 1800, 1900 range plots Other Option is in 110 to 120 In Y Block avenue 15, 50 feet road with 10 Feet Nallah in center, It will also be Storm water drain made by DHA and Mostly Covered.
The 2 nd option is better, see Ground realities spending 4,5 hours at sight and then make your mind. Supply can be minimal.
I Hope You know average plot in Phase 7 is 140 to 150, In 80 Lac you can try good Location in T Block 10 merla.

LOYAL PAKISTANI replied on Saturday, September 17, 2016 09:27 PM PST 

I myself like DHA Phase 7 and recommend to always go for nice
location atleast suitable for living. You have to work even harder to find good location plot in pleasant location but may also increase atleast 20 to 25 lacs in your budget. Good Luck. I have experienced in my life that we dream then penetrate on it but it's Allah Pak who fulfils

AHMAD HASSAN® replied on Saturday, September 17, 2016 11:55 PM PST 

If you intend to build two story house & then I recomend to reduce it to one story & buy better
location plot.
>
(76249)
Saturday, September 17, 2016 06:00 PM PST 
DHA Lahore Phase 9 Prism Plots For Sale

DHA Lahore Phase 9 Prism Plots For Sale

DHA Lahore Prism 9 Near Plot No. 431 Block B At 97 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 1522 Block C At 115 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 816 Block C At 87 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 120 Block C At 118 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 1322 Block D At 115 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 74 Block E At 125 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 898 Block E At 80 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 80 Block F At 115 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 104 Block H At 116 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 362 Block L At 95 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 255 Block M At 109 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 755 Block M At 95 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 171 Block M At 112 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 73 Block N At 81 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 281 Block P At 125 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 1038 Block P At 110 Lacs(1 Kanal)
DHA Lahore Prism 9 Near Plot No. 484 Block P At 110 Lacs(1 Kanal)

DHA Lahore Prism 9 Near Plot No. 2707 Block R At 65 Lacs(10 Marla)
DHA Lahore Prism 9 Near Plot No. 637 Block L At 66 Lacs(10 Marla)
DHA Lahore Prism 9 Near Plot No. 1391 Block L At 68 Lacs(10 Marla)
DHA Lahore Prism 9 Near Plot No. 1027 Block L At 76 Lacs(10 Marla

DHA Lahore Prism 9 Near Plot No. 2002 Block R At 39 Lacs(05 Marla)
DHA Lahore Prism 9 Near Plot No. 494 Block R At 35 Lacs(05 Marla)
DHA Lahore Prism 9 Near Plot No. 649 Block J At 36 Lacs(05 Marla),
DHA Lahore Prism 9 Near Plot No. 1232 Block J At 34 Lacs(05 Marla)

Price Range Of DHA Lahore Phase 9 Prism Residential Plots:
One Kanal Minimum 78 Lacs To Maximum 135 Lacs
Ten Marla Minimum 58 Lacs To Maximum 78 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
:forsale: :forsale: :forsale:
>
(76248)
Saturday, September 17, 2016 04:58 PM PST 
LRE Inventory 17 September 2016

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

>
(76247)
Saturday, September 17, 2016 04:21 PM PST 

Dear khadim Hussain/ LRE Team
Please kindly advice the value of the plot.

Phase 7
Y3261/ 10 Marla


Thanks

Lahore Real Estate replied on Saturday, September 17, 2016 04:40 PM PST 

Dear Mr Sohail,

Phase 7 near Y 3261 worth is around 77 to 78 lacs.


Khadim Hussain
+
Lahore Real Estate
Email:INFO@LREPK.COM
>
(76246)
Saturday, September 17, 2016 02:30 PM PST 
Plots For Sale

Urgent For Sale

DHA Phase 7 X 1681 At 126 Lacs ( 1 Kanal )

DHA Phase 7 Y 3952 At 90 Lacs ( 10 Marla )

DHA Phase 7 U 2027 At 80 Lacs Final ( 10 Marla )

DHA Phase 8 Y 58 At 98 Lacs ( 10 Marla )


Reasonable Price.
Best for investment.
Unique location.

More Detail Plz Call



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








:forsale: :forsale:
>
(76245)
Saturday, September 17, 2016 04:14 AM PST 
Phase 7 Commercial

Parkview fell from much over 300k to 270
Ivy Green fell and the price gap between IVy commercial and 7Commercial shrank from 25 lac to just a few lac now (read almost same in real sense)
Rahbar commercial fell from almost 235 to 208
Phase 9 commercial Oval complex (although not a file anymore but balloted plots) fell over 50 lac in the same period

The only commercial file that has shown the highest resilience in this slump post taxes is the commercial file of Phase 7 which is still hovering above 255 which is the lowest drop in any of the above mentioned commercial files since end June 16.

Lesson for those not too filled with self praise/egos and of open mind to learn from past mistakes: High performance in the recent past is not the correct yard stick for investments. The correct yard stick to guage the future value of investment is fundamental reality of over priced/over hyped property existing on papers for a distant future vs under valued property nearing completion

;)

Jameel Mughal® replied on Saturday, September 17, 2016 04:36 AM PST 

Well said shah, the issue is forum members are mostly holders and biased towards their own investment not matter what is logic,and that is human nature. There are few which comment based on facts and give true picture.
We have learnt a lot in previous two cycles of hypes and slumps but did not get benefit out of that.

Shah® replied on Saturday, September 17, 2016 05:25 AM PST 

True that Jameel bhai

Following the market hype and then falling is love with that investment decision against all rationale and against all ground reality is the biggest short coming in most investors. But then at the expense of sounding selfish I must say market needs such people who loose money due to this. Otherwise the rest wont make money as without loosers there could be no winners. My apology again to anyone who gets offended with this rather selfish sounding comment. But thats the reality.

HassanHC® replied on Saturday, September 17, 2016 06:55 AM PST 

Jameel Saab then in the same sentence where you have mentioned biases of holders of non Phase 7 plot, mention CMY SAAB also. As many times he proved you why prism is superior overal to phase 7.
Also yes different phases get cooling off but praising each other for holding phase 7 plot for last 2 years is good but at the same time PHASE8 PRISM IVY GREEN PARKVIEW are reality and most of them have been invested by 1000s of investors I am sure they are not as fool and naive as you and Mr Shah think and those investors who held for last 1-2 yrs minimum earned more dollar to dollar compared to phase 7 and let's see in future how much they loose vs your golden investments.

If you will present an inspector like a commissioner on daily basis I will have to differ. Though may be I respect inspector a lot. (Translation I like phase 7 but how you are trying to present it more bigger then it is attract criticism though independently it's not a bad investment)

Shah® replied on Saturday, September 17, 2016 12:24 PM PST 

Serious investors are heartless so to speak as far as place of investment is concerned. They dont have affiliations with any particular property or phase. Getting emotional and making every single post on this forum about phase7 vs phase 9 depicts a rather immature mindset on investment matters.

Phase 9 was a great buy last year at last year
prices. Many, like me bought at that time. And we sold at peak this year in the first half of the year when prices over shot the realistic level. There will be another time for entry in phase9 but that time is not now.

I personally have no affiliations with either phase7 or phase 9. I have affiliations only with my ROI which is close to 100% in last 12 months (for this part of my portfolio in DHA) by two simple moves:

1. Buying phase 9 when it was the time to buy last year and selling it when it was time to sell in April 16
2. Buying pgase 7 when it was time to buy (Feb 16) and holding it till ballot (which is due some time this year). And then it will be time to sell even this one a d to move on

My sincere advise to the newbee investors here is to not get trapped in their emotional preferences of one pvase over other. Money is made with a cold heart and with numerical logic and ground realities. Not with hot headed emotions clouding your decision. Wise are the one who learn from their mistakes and not get fixated over them. The later kind is the likes of political cannon fodder of the mentality "Shair eik vari fair". Wont do you any good.

Cheers

Jameel Mughal® replied on Saturday, September 17, 2016 03:22 PM PST 

Hassan You know Yourself that I am prism investor, though small, As an investor you have your own limits where you feel that this investment got realistic value and more than that is artificial. Advising the people at that point is sincerity not Phase 7ism or Phase 9 Vendetta. To me realistic value of Phase 9 average plot is 90 Lac Full paid. This based upon inflation adjusted value of average Phase 8 price. level he should be Ok, Though market still may undershoot or over shoot. [others have right to disagree]
Because Course of DHA 9 was very long so it was predictable even when Phase 9 was leaping every day.
I have relatively bigger investment in Phase 8 but never advised anyone that it is "best" Investment of day.

Surfer® replied on Saturday, September 17, 2016 03:27 PM PST 

@ Shah sb. The teacher.
Thanx for your lesson.
Can I ask you a question?
Why are you comparing your commercials with phase 9 Prism & Ivy green which just balloted last year?
WHAT IS THE REASON BEHIND THIS?
Kindly make an analysis on realistic bases you are very near to phase 8 which is balloted after phase 7. Kindly make comparasion with commercial broadway phase8 to justify yourself & your statement.
Again Reflection of FEAR Comparasion with phase 9 PRISM.
Comparasion of matured Investment with developing one day may harmfull to you in future.
PRISM is a "INVESTOR PARADISE" & remain will untill or unless their is an other phase develop by
DHA Lahore Chapter like PRISM.

Ahsan® replied on Saturday, September 17, 2016 04:23 PM PST 

@ Jameel Sahib

I highly regard your advice and opinion. Kindly suggest when is the time to enter prism 1 kanal and what is anticipated price in March 2017 of priem 1 kanal? Please guide us.

Ahsan® replied on Saturday, September 17, 2016 04:23 PM PST 

@ Jameel Sahib

I highly regard your advice and opinion. Kindly suggest when is the time to enter prism 1 kanal and what is anticipated price in March 2017 of priem 1 kanal? Please guide us.

Jameel Mughal® replied on Saturday, September 17, 2016 04:29 PM PST 

Surfer, He is pointing on good investment of the day, not proving that DHA 7 was better than Broadway, All of these investment have potential some have already over shooted and reached @ 2020 price, no matter how good they are, It will not be wise to buy them,
Wisdom is to see what will give you more gain today.

I give you comparison of My observation of Holding One Plot in Valencia and one in Phase 7

2006 end Valencia average 30, Phase 7 average 40 [here I Picked valencia]
2007 end Valencia average 40 Phase 7 average 35
June 2008 Valencia average 42 Phase 7 average 35 [Here I Picked Phase 7@33]
2010 valencia average 45 DHA 7 average 38 [at that time I was stunned as there was lot of on ground development even poles and transformers in Phase 7 ut it was not picking]
2012 end Valencia average 70 DHA 7 average 90
March 2016 Valencia 120 DHA phase 7 115 [It was time to Pick 7]
Sept 2016 Valencia average 125 DHA 7 average 140

Wisdom is not to Pick an investment when it is in hype and keep singing its song, Rather find underpriced areas and invest in time.

Ahsan® replied on Saturday, September 17, 2016 04:55 PM PST 

@jameel Sahib

You are a gem on this forum, please share your opinion for central Park and Grand Avenue. I have a plot in central park 1 kanal possession and getting offer of 77 lacs and Grand Avenue near possession for 45 lacs. I feel that they can still grow further or how hard slump will hit them?

Regards Ahsan

Jameel Mughal® replied on Saturday, September 17, 2016 06:10 PM PST 

Dear Ahsan,
Don't Touch Central Park it will give you slow gain in spite of slump, Grand Avenue if Your Plot is in Phase 1 and almost developed you may wait, These investment still have good Room to grow.
Grand Avenue have Some land Acquisition issue in phase 2, They have overbooking and may not give possession soon, Another option for you can be to sell it and switch to AWT2 or Sigas 2 in Possession areas.
If I don't have cash Flow issue I will wait keeping in mind sale and purchase expenses.

Shah® replied on Saturday, September 17, 2016 06:27 PM PST 

Dear Surfer bro
Kindly read my posts again but as an objective observer. You will find answers to your questions there. I have invested twice in priism and exited twice encashing a decent bag of ROI both times. I will invest again in Prism when It is time to invest again. I neither love nor hate prism, or any other phase for that matter.

Jameel bhai has also correctly mentioned that the purpose of this discussion is not to promote or discourage anything. Everything has its own merits and everything has a time of entry and time of exit.

The purpose of this whole discussion is to highlight that entry and exit times needs to be carefully calculated without emotions and affiliations. I gave numerical data in my first post to support my argument. But one cannot see facts and figures if the mind is clouded by emotions.

Anyways, I hope investors in prism and all other phases recover from their losses. My sincere regards to you all!

Jameel Mughal® replied on Saturday, September 17, 2016 06:28 PM PST 

@ overseas
Phase 7 5 Merla T Block, @ 55 to 60
Phase 7 10 merla Y Block @ 95 on 150 Road Avene 14,
Phase 7 10 merla Y Block @ 70 one or 2 lines away from BRB
Phase 7 10 merla Y Block @ 62 near Nallah though there is no smell as no Population or Industry at that point.

For 5 Merla you can also Consider DHA Town Phase 9 same Price as that of phase 7 and Located in heart of Prism possession available but population in DHA 7 may be bit faster.

These are all indicative bargain
prices. Keeping in view the current market situation.

KSA Banker® replied on Saturday, September 17, 2016 06:46 PM PST 

Dear All, just to second Jameel Sahib's opinion regarding estimated fair
prices for Prism one kanal plots, please see below an analysis which I posted few days ago indicating similar results. Hope this helps the potential buyers as well.

Like many of you (followers of this discussion forum), I am a real estate investor and prospective buyer waiting for prices to come down to rational levels before making my intended investment(s). As part of the preparatory work and capitalizing on my limited financial and investment analysis skills, I did a simple simulation to try to estimate “target return based” fair prices for canal plots in Prism today.

The methodology adopted for this simulation is that after a certain number of years (holding period), prism will develop into a mature phase (say like DHA Phase-5 today) and upon reaching such maturity, prices of plots in Prism will be comparable to current prices in Phase-5 adjusted for inflation during the holding period. By assuming certain average inflation rate per year and current estimated prices in Phase-5, we can project the potential prism prices at the end of the holding period. By discounting the value of the plot at the end of the holding period at the target rate of return per year, we can estimate what is maximum price we should pay for the plot today in order to achieve the target rate of return. The development charges yet to be paid are also taken into consideration as additional cost for buyer in this analysis along with transaction costs (agent fees, taxes etc.).

For the sake of this simulation, canal plots in prism are divided into five categories which are (i) best locations, (ii) great locations, (iii) good locations, (iv) average locations and (v) poor locations.

The analysis is done based on US dollar values as inflation rate is more predictable.

Following are the key assumptions for the analysis:
- Current plot prices in Phase-5 for above categories are (i) Best at US$ 355 thousand, (ii) great at US$ 315 thousand, (iii) good at US$ 280 thousand, (iv) average at US$ 240 thousand and (v) poor at US$ 200 thousand
- Annual growth (inflation) of above mature prices is assumed at 2.5%
- Target rate of return is assumed at 10% per year
- Holding period is assumed at 15 years (estimated time for Prism to reach the maturity level in which Phase-5 is today)
Based on the above assumptions, the maximum prices (including transaction charges) which may be rational to pay today for the five categories of plots in Prism to achieve the target return are estimated as (i) best at US$ 110 thousand, (ii) great at US$ 95 thousand, (iii) good at US$ 85 thousand, (iv) average at US$ 70 thousand and (v) poor at US$ 56 thousand.
I thought of sharing the above analysis with other readers of this forum with the hope that it may help other potential buyers like me to make a bit more informed and rational decision based on some degree of analysis

Kamal Baig® replied on Sunday, September 18, 2016 12:15 AM PST 

AOA
Jameel sb

I was sale out my 10 marla plot of NFC2 F block on 28.5 lac cost of land in start of this year and purchased 5 Malra in best
location in EMC on 23 lac , which is now near 33 lac. Please tell me now what will best time to enter again in NFC2?

Jameel Mughal® replied on Sunday, September 18, 2016 01:25 AM PST 

You mean KEMC??
Best time in NFC is when this admin will change they are afraid of Audit, I think Like Valencia Registrar Cooperatives should appoint its member to rectify their sate of Affairs, The Only Issue in NFC2 is that they are short of Money to develop and that is natural, development Cost in 2005 and 2016 cat be 6 lac. There are no other serious issues,

Jameel Mughal® replied on Sunday, September 18, 2016 03:04 AM PST 

Adil, Any rate below 35 will be Good, go for allocation file and intend should be long term holding, minimum 5,7 years. keep in mind that smaller cities are more affected by slump and rate of population is slow.
other investment with similar Budget is DHA Phase 9 prism J Block good Locations, At the end of 7 years both could give you same ROI, In prism you will pay 9X75K development, and Multan yo will pay 1.6 to 1.9 Million development Charges.

User_12115® replied on Sunday, September 18, 2016 03:43 AM PST 

@Jameel sb..
I beg to differ, small cities see less slump and history is evident of it.
neither of any slump in last few decades effected markets like Multan. Their growth was lesser than lahore but when lahore fell, Multan market held on to its
prices.
You can compare Multan Cantonment prices of those times - they are still higher than Lahore cantonment as it is considered a posh area and available land is limited.

Bilal® replied on Sunday, September 18, 2016 03:43 PM PST 

I like Jameel sb's sincere opinions! No strings attached:)


His advised properties gained better.

Uber replied on Sunday, September 18, 2016 06:45 PM PST 

Jameel sb, I would be keen to get in touch with you. Is there a way I could get some sort of
contact/email

IM786® replied on Sunday, September 18, 2016 08:52 PM PST 

Yes Plz jameel Sb give ur email address if u would like to.
>
(76244)
Friday, September 16, 2016 09:45 PM PST 

ٹیکس گزار اپنے اپنے حلقے کے ایم این اے پر دباؤ ڈالیں کہ وہ وہ معیشت کے وسیع تر مفاد میں اُس آرڈینینس کی منظوری نہ دے جس کے تحت ایڈوانس انکم ٹیکس کی وصولی اور جائداد کی ویلیو کی تشخیص کرنے کے اختیارات ایف بی آر کو دئیے گئے ہیں۔ یاد رہے کہ ان اختیارات کے تحت ایف بی آر نے مختلف بڑے شہروں کے مختلف علاقوں کے لیے پراپرٹی کے ریٹس متعین کر دئیے ہیں اور خریدار اور فروخت کنندہ سے ان ریٹس کے مطابق ایڈوانس انکم ٹیکس وصول کیا جا رہا ہے جو کہ پہلے سے مروجہ نظام سے کئی گنا زیادہ ہے۔ڈی ایچ اے لاہور کے اعدادوشمار کے مطابق جب پرانے نظام کے تحت ڈسٹرکٹ کلیکٹر کے متعین کردہ ریٹس کے مطابق صوبائی اور وفاقی ٹیکس وصول کیے جارہے تھے تو روزانہ ٹرانسفر ز کی تعداد قریباً 300تھی۔ جب کہ نئے نظام کے مطابق یہ تعداد تقریباً 10گنا کم ہو گئی ہے۔ کیوں کہ ٹرانسفرز بہت کم ہو رہی ہیں لہذا زیادہ شرح کے باوجود ایڈوانس انکم ٹیکس کی کلیکشن بھی پچھلے سال سے کم ہو گئی ہے۔ یعنی پچھلے سال اگر اس شعبے سے 8ارب انکم ٹیکس وصول ہو ا تھا تو اس سال اس کی وصولی 8ارب سے بھی کم رہے گی اور ایف بی آر کی 70سے 80 ارب روپے ایڈوانس انکم ٹیکس وصولی کے تخمینہ جات بالکل غلط ثابت ہوں گے۔
لاہور ہائیکورٹ کے مسٹر جسٹس شمس محمود مرزا کے سامنے نیاز علی شیخ نے رِٹ پٹیشن نمبر 26561/2016کے ذریعے آرڈیننس کے ذریعے کی گئی ترامیم کو چیلنج کیا ہے بلکہ یہ بھی آئینی نقطہ اٹھا یا ہے کہ آئین میں کی گئی اٹھارویں ترمیم کے باوجود وفاقی حکومت کو غیر منقولہ جائداد پر کسی بھی قسم کے ٹیکس لگانے کا اختیار نہیں ہے اور یہ اختیار صرف صوبوں کو دیا گیا ہے۔ پٹیشن میں مزید کہا گیا ہے کہ ایک ہی پراپرٹی کی صوبائی حکومت کے ریٹس اور وفاقی حکومت کے ریٹس مختلف ہیں اور یہ تضاد کسی طرح سے بھی قانونی تقاضے پورے نہیں کرتا۔ پٹیشن کی اگلی سماعت 23ستمبر کو ہو گی جس میں وفاقی حکومت اپنا موقف دے گی کہ صدارتی آرڈیننس کی پیشگی منظوری وفاقی کابینہ نے دی تھی۔ کیوں کہ یہ منظوری نہیں لی گئی تھی لہٰذا وفاقی حکومت نے جلدی سے آرڈیننس کو منظوری کے لئے اسمبلی میں پیش کر دیا۔
اگر قومی اسمبلی نے نئے قوانین کی بغیر سوچے سمجھے منظوری دے دی تو یہ نہ صرف ملکی معیشت کے لئے ایک بڑا دھچکہ ہو گا بلکہ 70/80ارب روپے ٹیکس کی وصولی ایک خواب رہے گی۔ پراپرٹی انڈسٹری اور بہت ساری انڈسٹریز کو سپورٹ کرتی ہے اور پراپرٹی بزنس سے نکلنے والا سرمایہ کسی اور ملکی انڈسٹری میں استعمال ہونے کا کوئی امکان نہیں ہے۔ بلکہ یہ سرمایہ بیرون ملک منتقل ہونا شروع ہو گیا ہے یہی وجہ ہے کہ امارات میں ایک دفعہ پھر پراپرٹی انوسٹمنٹ بزنس تیزی سے بڑھ رہا ہے ۔ لہٰذا قومی اسمبلی آرڈیننس پر بحث کے دوران ایف بی آر /وزارت خزانہ سے جولائی 2016ء سے لے کر اب تک کی ایڈوانس انکم ٹیکس کی وصولی کے اعدادو شمار لے تاکہ نئے قوانین کے ریونیو کی وصولی میں اضافے میں تاثر کی پڑتال ہو سکے۔

AHMAD HASSAN® replied on Friday, September 16, 2016 10:08 PM PST 

اسحاق ڈار اور نواز شریف کے سامنے ایک ایم این اے کی کیا اوقات۔ ان کو تو مصافحہ کا موقع مل جائے تو دس دن ہاتھ نہیں دھوتے ۔ پچھلے سال بینک ٹرانزیکش پر وڈ ہولڈنگ ٹیکس لگا۔ تاجر برادری نے کتنا احتجاج کیا۔ کچھ ہاتھ آیا ۔ اب بھی کچھ نہیں ہونا ۔ کیونکہ بادشاہ سلامت احکامات کو واپس لینا توہین سمجھتے ہیں۔ اور جو قانون اسمبلی سے پاس ہو جائے اس کو عدالت بھی واپس نہیں کر سکتی۔ اس کو سیاسی طریقے سے حل کیا جا سکتا تھا۔ لیکن جو حضرات مذاکرات کرنے گئے وہ حکومت کی باتیں ماں کر آ گئے اور ہم مٹھائی کھانے میں لگے رہے۔

User_16051® replied on Friday, September 16, 2016 10:21 PM PST 

hahaha well said ahmad hassan bhai

Khurram® replied on Friday, September 16, 2016 10:44 PM PST 

Ahmad Hassan, you nailed it.

Babar Nazar Awan® replied on Saturday, September 17, 2016 03:00 PM PST 

Ahmed Hassan bro, the comment of the year. And ironically true as well

Iftikhar Ahmad replied on Sunday, September 18, 2016 04:11 PM PST 

well said ahmad hassan bhai- yeh koun log hn jo abi bi kehty hn " Aik wari faer... sheeer"

Ahmad786® replied on Tuesday, September 20, 2016 01:08 AM PST 

THESE MNA are slaves of their leaders who have them ticket.

Mahmood Akhtar replied on Tuesday, September 20, 2016 05:17 PM PST 

Blame should also shift on property dealers who accepted the govt. version. Ishaq Dar many time quote this that the tax is imposed with the consent of community representing it.
>
(76243)
Friday, September 16, 2016 05:05 PM PST 
Evaluation

Please evaluate

Prism C 748 - one kanal
Prism H 156 - one Kanal

Thanks, Regards

Lahore Real Estate replied on Friday, September 16, 2016 05:47 PM PST 

Dear Mr Khalid,

Plot near C 748 is around 90 lacs ( 3 paid ).

Market price near H 156 is around 100 lacs ( 3 paid ).



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

Ch Khalid UK® replied on Friday, September 16, 2016 06:24 PM PST 

Dear Mr Salman, Salam.

I am just providing you the following estimate made last month by one of your colleague "Ch Saeed"

Will you please comment on it, Whether they were wrong estimates or otherwise, Thanks, Regards.

-------------------------------------------------------------------
CH SAEED replied on Monday, August 8, 2016 12:38 PM PST

Dear Sir,

Current price near H 156 is around 117 lacs ( 2 paid ).

Plot near C 748 is still around 117 lacs ( 2 paid ).


Saeed Rafique
+923224333661
Lahore Real Estate
Email:INFO@LREPK

AHMAD HASSAN® replied on Friday, September 16, 2016 06:48 PM PST 

Prices are falling.

AHMAD HASSAN® replied on Friday, September 16, 2016 07:05 PM PST 

Investors are looking towards Phase 10 now. Commercial
files are also dropping.

Jameel Mughal® replied on Friday, September 16, 2016 08:07 PM PST 

Observer, average 5 paid will be 80, I know it will offend you but mark my word where you can see after 6 months.

AHMAD HASSAN® replied on Friday, September 16, 2016 08:36 PM PST 

Dear Jamil, what are your analysis about Rahbar residential & commercial
files. Will it fall further?

ShahzadQamar® replied on Friday, September 16, 2016 09:10 PM PST 

Jameel bhaii aap tau badshah banday hyn...80 5 paid lagta hy full out of order analysis ho gaya hy aap ka aaj kal. loot machee hy per inni v nehee machee

Ch Khalid UK® replied on Friday, September 16, 2016 10:06 PM PST 

Dear respected CMY Sb, Salam

It is brought to your attention that on 8th August 2016 after imposition of new taxes the
prices quoted by LRE for Prism one kanal plots were 65 to 140 lacs and today they are 75 lacs to 145 lacs there is no price drop.

I asked the evaluatation of my two above plots, Why above two plots have been assessed so differently after one month when your web provide increase of prices. Your expert opinoin is required.

Thanking you in an anticipation of quick response.

Regards

Lahore Real Estate replied on Saturday, September 17, 2016 03:17 AM PST 

Dear Khalid Sahib,
C 748 valued around 105 Lacs. I was on phone while giving assessment. There is misconfusion in listening. I consider it G 748.

Salman Maqsood

Surfer® replied on Saturday, September 17, 2016 03:37 AM PST 

@ Khalid sb. Seen your both plots on the PRISM Map. I think there is a great bit of confusion form LRE
team your both plots ARE valued around @ 110/= at the moment.
@ Jameel bhai yes marked your words.
Now mark my words again:
"PRISM IS THE FUTURE OF DHA LAHORE"
"In shaa ALLAH"

Surfer® replied on Saturday, September 17, 2016 03:54 AM PST 

Correction @ 110/= each

KSA Banker® replied on Saturday, September 17, 2016 03:57 AM PST 

Dear Jameel Mughal Sahib, let me salute your courage to speak the truth. Only God knows the future and your prediction may turn out to be true or otherwise but it is commendable that you so bluntly said what you believed despite the fact that your opinion seems so different from the very bullish view of Prism market being promoted by some influential figures on this forum. Seeing that most of the people on this forum are always in patronizing mode singing praises of mortals like us, you said what you believed irrespective of who may like it or dislike.

Nabeel® replied on Saturday, September 17, 2016 05:47 AM PST 

17% drop in 1 month in Prism.

Will be interesting to see how far the various societies get affected by this foolhardy government tax move.

Last few months people were denying there will be any stagnation in market,which they finally accepted.

Next people were in denial that
prices cannot reverse.This is happening now. It is good to be protective about your investment, but please try to accept market reality otherwise you risk looking like a fool if you keep plugging your investment every day.

CMY replied on Saturday, September 17, 2016 07:28 AM PST 

AOA Ch Khalid UK® bhai first I would like to say there are no bata rates for Prism plots that can be given here in all answer. On each call or inquiry on phone to LRE each person may give you a different assessment. I cant blame any of my dozens
team members. Every one looks at map and available plots supply and buyers demand differently even at Lahore real estate. With 25000 plots in Prism each person cant give same assessments for a plot and many times guys are giving assessments that are not acceptable to even me in few cases after I look them at map in free time. To make assessments more accurate I have already developed/ working on two systems. I will disclose one manual system here only & the other fully automated system is my business secret and possibly highly accurate gauge for each property in Prism (DHA7 8 Ivy Green not yet added in my second to date very reliable system). Even my own team dont have access yet to it until I perfect it even more to make iot even more accurate. It takes a lot of data entry and I am hiring more staff for that. That system is going to support any one from my team in giving you highly accurate assessment in just one phone phone call in a few clicks in only 2 minutes or less work.

In first case I have a mechanism working now for WhatsApp and SMS plots assessments only. I myself check map first and than ask at least 5 members of Prism teamLRE separately / individually to give their assessments without any fear of being wrong. Later I share other answers to all five to educate themselfs and to train them. I also use my own judgment at final stage and mostly average of their assessments and my assessment is used to give friends final answer for plots assessments asked but only if I was asked via SMS or WhatsApp.

To be honest my priority is for friends who trusted me fully via SMS and WhatsApp and shared their phone number and plot details with me. I dont give same time and serios effort to assessment with fake non names or female names etc because there is reason for that. 75% plots assessments asked here are from fake holders and non serious persons. For example a guy I blocked few weeks ago posted DHA Town different plots assessments daily just to keep DHA town alive in discussion on front here each and every day. Just imagine how much time is wasted answering imaginary plots assessments. If we dont answer we are considered ignorant to visitors. So team have to answer asap. People like him do waste your and very limited available time of Team LRE.

Frankly you also had WhatsApp and could have asked or may have asked for assessment in WhatsApp to get good answer. I always ask friends in there to tell me its a chaska assessment or you are asking for seriously buying selling anywhere LRE or not LRE. If some one tells me they are planing to buy or sell we try our best to give as accurate possible. Also why you are asking value lasy month here and this month again makes me worried too. No need to worry as you are not a flipper and most likely holding min 3 years plus. Please dont pay any attention or lose sleep for short term ups and downs. Relax and enjoy. Market go up and down. They dont go up only or down only :)

Saeed Rafique mainly deals in State Life Parkview Air Avenue and Prism small size plots only. His assessment was very wrong to high side. Prism C 748 never had worth more than 110 lacs even during Ramadan when all Prism prices were at peak. He gave you assesment of 118 lacs with 2 paid that was not correct. My apologies for his mis judgement.

Currently one can ask and is asking max 105 to 106 lacs for location like Prism C748 but if one wanted to sell an offer above 100 lacs is simply not possible as no buyers in market. There are no panic sellers in market and current demands are not being reduced. Limited number of plots are available in market. Most sellers have decided not to sell due to fear of paying capital tax on sales. Fewer sellers in market and even fewer buyers in market to buy plots on still higher asking prices. Most offers are now days from buyers are 5 to 8 lacs lower than asking prices. Actual deals are happen not at sellers demands and not at asking prices. Before july first even when offer was given at asking prices sellers use to take demand prices even higher. Not the case now. Until today no panic seen in market and until that is not seen all buyers are playing safe and offering 5 to 8 lacs lower amounts just incase market corrects more. This time buyers are in control and before July 1st 2016 sellers were in control. Until end on Muharram not much change expected.

BTW H 156 will have demand price of 110 lacs today with offers likely in 105 lacs plus minus. I am not saying you should buy or sell I am just telling you this is what you should expect. If a seller will ask more than 110 lacs dealers including LRE will offer dozen other plots nearby at 110 lacs and if buyer is offering 100 lacs dealers will focus on other serious buyers 1st.


In my opinion when an assessment is given my staff should give and must be asked what is demand prices and what is buy price for any plot. This will keep things more clear to every one.


By Choudry Mujahid Yasin ( CMY )
+ Plz store this number on your phone and use it for all direct messages to me and also for getting yourself & relatives or friends added to LRE WhatsApp group.

CMY replied on Saturday, September 17, 2016 07:56 AM PST 

Khalid bhai also I dont know where you saw Prism kanal in 65 in August but this was last rates
update I shared with 1000s people. By chance it had both Aug and Sept Prism prices. 1000s people can verify my posts shared with them. If you look closely in your group you will see it there too :) Prism 65 lacs canal is history now.


Please note I am blocked on WhatsApp on + for sending too many Eid messages so disregard this number. Only + should be used for SMS and WhatsApp direct messages to me now.




*Prism DHA Lahore Phase 9 Block Wise Most Latest Prices Update September 2016.*
(All prices are with 3 installment paid for civil development charges)

*A Block*
1 Kanal 88 to 130 Lacs

*B Block*
1 Kanal 78 to 115 Lacs

*C Block*
1 Kanal 75 to 130 Lacs
10 Marla 67 to 78 Lacs

*D Block*
1 Kanal 75 to 130 Lacs

*E Block*
1 Kanal 72 to 120 Lacs

*F Block*
1 Kanal 80 to 120 Lacs
10 Marla 65 to 75 Lacs

*G Block*
1 Kanal 82 to 120 Lacs

*H Block*
1 Kanal 73 to 120 Lacs

*J Block*
10 Marla 58 to 65 Lacs
5 Marla 32 to 42 Lacs

*K Block*
1 Kanal 75 to 110 Lacs
10 Marla 58 to 65 Lacs
5 Marla 32 to 40 Lacs

*L Block*
1 Kanal 72 to 115 Lacs
10 Marla 55 to 68 Lacs
5 Marla 33 to 37 Lacs

*M Block*
1 Kanal 78 to 120 Lacs

*N Block*
1 Kanal 75 to 118 Lacs

*P Block*
1 Kanal 78 to 130 Lacs

*Q Block*
1 Kanal 80 to 130 Lacs

*R Block*
1 Kanal 78 to 98 Lacs
10 Marla 62 to 75 Lacs
5 Marla 32 to 43 Lacs


*DHA phase 9 Commercial Prices Update*

*Prism Civic Zone 1*
8 Marla : 625 to 825 Lacs
4 Marla : 350 to 400 Lacs

*Civic Zone 2*
8 Marla : 525-650 Lacs
4 Marla : 300-375 Lacs

*Civic Zone 3*
8 Marla : 475-650 Lacs
4 Marla : 225 to 300 Lacs


*Oval Complex*
Inner loop 4 Marla : Lacs
Outer loop 4 Marla : 350-385 Lacs


Choudry Mujahid Yasin (CMY)
Lahore Real Estate
+ WhatsApp preferred ( Available for you 18 hours a day on free services WhatsApp LINE SOMA in addition to SMS and call on regular cell service )

============================

*Prices have dropped many lacs. THIS WAS LAST RATE UPDATE FOR PRISM*

============================

*Prism DHA Lahore Phase 9 Block Wise Most Latest Prices Update August 6 2016.*
(All prices are with 2 installment paid for civil development charges)

*A Block*
1 Kanal 90 to 145 Lacs

*B Block*
1 Kanal 78 to 125 Lacs

*C Block*
1 Kanal 78to 145 Lacs
10 Marla 72 to 83 Lacs

*D Block*
1 Kanal 78 to 145 Lacs

*E Block*
1 Kanal 72 to 130 Lacs

*F Block*
1 Kanal 85 to 135 Lacs
10 Marla 70 to 80 Lacs

*G Block*
1 Kanal 85 to 130 Lacs

*H Block*
1 Kanal 73 to 125 Lacs

*J Block*
10 Marla 62 to 72 Lacs
5 Marla 33 to 45 Lacs

*K Block*
1 Kanal 80 to 120 Lacs
10 Marla 62 to 75 Lacs
5 Marla 32 to 45 Lacs

*L Block*
1 Kanal 75 to 130 Lacs
10 Marla 55 to 70 Lacs
5 Marla 33 to 37 Lacs

*M Block*
1 Kanal 78 to 125 Lacs

*N Block*
1 Kanal 75 to 125 Lacs

*P Block*
1 Kanal 78 to 145 Lacs

*Q Block*
1 Kanal 80 to 145 Lacs

*R Block*
1 Kanal 78 to 105 Lacs
10 Marla 65 to 80 Lacs
5 Marla 32 to 48 Lacs


*DHA phase 9 Commercial Prices Update*

*Prism Civic Zone 1*
8 Marla : 700 to 900 Lacs
4 Marla : 375 to 450 Lacs

*Civic Zone 2*
8 Marla : 625-700 Lacs
4 Marla : 350-450 Lacs

*Civic Zone 3*
8 Marla : 550-700 Lacs
4 Marla : 250 to 350 Lacs


*Oval Complex*
Inner loop 4 Marla : Lacs
Outer loop 4 Marla : 400-450 Lacs

MD® replied on Saturday, September 17, 2016 01:34 PM PST 

Nice explanation cmy sb... Ppl here trying to create panic ...i discussed with some other agents as well all are saying same thing... Very few sellers in market and buyers are reluctant to purchase in this situation.. at some time ppl hav to get out of this fear in market

AHMAD HASSAN® replied on Saturday, September 17, 2016 03:17 PM PST 

This is true. Mostly sellers agreed to hold between 2 to 3 years. Many already passed first year of holding. What if this new law exists permanent with more hard changes? Will be there any buyer after three years? کھیت سے چڑیاں ہی اڑ گئی تو چگنا کیا ہے۔

Ch Khalid UK® replied on Saturday, September 17, 2016 05:21 PM PST 

Dear CMY, Salam,

Thank you very much for restoring my confidence which was shattered by respected Mr Salman.

You said from where I read 65, please find enclosed below thread 84985 of your web of 8th August 2016 providing 65 as the lowest price of one kanal plot and highest as 140 in Prism Phase 9 plots. Please read at the mid of the page about Phase 9 prism
prices:

84985)
Lahore Property Prices Update By Lahore Real Estate ® 8 August 2016,


DHA DHA Lahore Phase 8 Z Block Ivy Green 5-Malra 30 To 50 Lacs 08/08/2016 Call Khadim Hussain +
DHA Lahore Phase 8 Z Block Ivy Green (10-Marla) , 60 To 78 Lacs 08/08/2016 Call Khadim Hussain +
DHA Lahore Phase 8 Z Block Ivy Green (1-Kanal) , 100 To 125 Lacs 08/08/2016 Call Khadim Hussain +
DHA Lahore Phase 8 Z Block Ivy Green (2-Kanal) , 250 to 275 Lacs 08/08/2016 Call Khadim Hussain +

Prism DHA Lahore Phase 9 (5-Marla) , 35 To 50 Lacs 08/08/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (10-Marla) , 55 To 80 Lacs 08/08/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (1-Kanal) , 65 to 140 Lacs 08/08/2016 Call Salman Masqood +923224009967
Prism DHA Lahore Phase 9 (2-Kanal) , - Call Salman Masqood +923224009967

DHA Town Lahore (5-Marla) , 47 To 65 Lacs 08/08/2016 Call Hassan Mehmood +
DHA Town Lahore (8-Marla) , 75 To 85 Lacs 08/08/2016 Call Hassan Mehmood +
DHA Town Lahore (10-Marla) , 95 To 105 Lacs 08/08/2016 Call Hassan Mehmood +

DHA Phase11 Halloki Gardens (5-Marla) , 28 To 35 Lacs 08/08/2016 Call Jawad Ahmad +
DHA Phase11 Halloki Gardens (8-Marla) , 42 To 50 Lacs 08/08/2016 Call Jawad Ahmad +

Any way you took pain and clarified the situation. I am grateful and highly obliged. In future I will check it on WhatsApp. Once again CMY thank you very much and wish you a good health.
Regards.
>
(76242)
Friday, September 16, 2016 02:03 PM PST 
DHA Phase 8 Plots For Sale

Phase 8 S 515 At 195 Lacs

Phase 8 V 185 At 170 Lacs

Phase 8 X 231 At 200 Lacs

Phase 8 X 1060 At 170 Lacs

Prime Locations.
Best for investment.
Unique location for Project Developers & Investors.
Contact Us For More Details.




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




:forsale: :forsale:
>
(76241)
Friday, September 16, 2016 08:02 AM PST 
Market Direction Audio Aug 25 2016

Many friends may have missed it because I forgot to post this link above. Also check today's price of DHA Multan its under 40 lacs as said in this audio but now its time to buy it again now for short or long term investment. May still have good opportunity to grab it till Muharram end at max.



Market Direction Audio Aug 2016


Please also note my WhastApp on USA phone + is now blocked for sending too many Eid Mubarak messages to you :)
You can still make a regular call SMS to this number but now I prefer + to be used for SMS or free text / calls via WhatsApp LINE Viber Tango SOMA IMO etc. I am available to assist you free of cost 14 hours a day ( 10 Am to 12 PM Chicago USA time) no matter what estate office you are buying selling your properties . I always prefer WhatsApp/Viber/SOMA/LINE texts or calls to save your hard earned money


Choudry Mujahid Yasin ( CMY )
+ To be saved on your phones for WhatsApp Viber LINE SOME EMO TANGO texts or calls

Babar Nazar Awan® replied on Friday, September 16, 2016 04:53 PM PST 

i think its both ways in months to come,
prices may fall further or remain stable. not certain that prices will fall.
>
(76240)
Friday, September 16, 2016 04:07 AM PST 
Elite Town & Chinar Bagh housing schemes

I shall be highly obliged if someone could share the relevant and vital information about these societies with specific reference to construction of houses at this moment. Thanks

Koi sharam koi hiya hoti replied on Friday, September 16, 2016 07:16 AM PST 

Elite Town's owner Kashif Khan is an absconder and has engulfed the money of many innocent and poor people who kept deposited installments way back in 2003 with a hope that oneday they will construct their homes but still nothing there except a trapping segment of phase 1. Even Pathetic condition of incomplete phase 1. Kashif's case is in NAB since long and he should be caught through interpol. I am surprided how still they are running GLOBAL College without any fear. Further there was a fat devil Ibrar who is also absconded with him to USA.
and he should be caught through interpol.
May Allah Almighty's curse be with them who play with the aspirations of poor and needy people.
LRE
team...... I hope no comments in such cases???? 😂

CMY replied on Friday, September 16, 2016 08:14 AM PST 

"LRE
team...... I hope no comments in such cases???? 😂"

No sir this kind of master piece can be only written by Jhara pehlwan like you without using real names phones or address. We are very skiny guys that only run estate to earn daily daal roti and are not big Badmash to fight with persons or organizations after such posts written with our identity visible to all.

Koi sharam koi hiya hoti replied on Friday, September 16, 2016 01:01 PM PST 

Dear CMY sb,
First of all i apologize for my above deliberately written one satirical statement in the thread.
The reason was to catch the sight of readers and i was strongly predicting that such statement would get reaction from LRE especially from CMY. So if CMY wrote something then like me,i think,people would read the thread otherwise many posts of uninterest by majority of the readers remain ignored and on this lovely open platform,many "have nots" are unintentionally missled because jab kawa hans ki chal chalta hi to apni bhi bhool jata hi and ultimately poor hurts himself. Mr. CMY,you are a leader of this forum and we are the followers and under your guidance we ( even me) have earned handsome. So we all consdier you our leader by heart. Your heart will also tell you that you are leading us and we are your followers and we come at your doorstep (website) for help and advice.But unluckily most of us are courtiers and discuss the fields of our personal interests, so moaners and impotents remain totally ignored. Anyhow, if any moaner comes for some assistance atleast he should be guided even indirectly, atleast only in those cases where potential harm is severe. In our relegious modus operandi,a leader is responsible for all the communal deeds and
distractions of people.
In the end, i agree with you that it is your compulsion not to write any hostile words against any societal evil in order to prevent their bullies at business. I hid my identity because i have the weakest state of faith. If others may also have at least such a weakest faith and can assist the people in disguise then it is better than seeing the poor people comitting suicide of their hopes and aspirations.
I am ashamed and again seek pardon if i am sounded rude. Hopefully,it is my last statement in this regard.

Heartiest wishes for boundless and flourishing businesses for LRE
team.
Regards.

Jameel Mughal® replied on Friday, September 16, 2016 03:44 PM PST 

Such a harsh criticism loses its own worth, and looks one sided opinion by a opponent or affectee.
More useful could have been, Town so and so, Could develop only little part of phase 1 and most of Phase two is still not developed, even phase 1 have these issues however price in phase 1 have increased from 50K per mela to 300K per Merla in last 12 years and People are solving their issues by Apni Madad Aap. ... so and so.
We do criticism even on big developers Like DHA, Bahria, urban developers, eden etc but facts are balanced and not bitterly personal.

We also don't know the problems of developers, Land acquisition is very difficult, cost of development and property
prices sky rocket, if any project is delayed due to unforeseen reasons developers gets bankrupted. I agree there is also issue of bad faith.

CMY replied on Saturday, September 17, 2016 10:06 AM PST 

"it is your compulsion not to write any hostile words against any societal evil in order to prevent their bullies at business."


I think your post without out any name is still here should be enough to say I supported your point of view and not tried to protect any bullies cheating innocent people :0) .


I only pointed to

"LRE
team...... I hope no comments in such cases???? 😂"


My actions speak so I dont have to speak :) You are a true gentleman and I salute you for each of your word.
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(76239)
Thursday, September 15, 2016 09:26 PM PST 
Legal Advice

I bought a plot and transferred it at DHA Lahore office. Now I collected the allocation letter and at the same time DHA has told me that the owner had done a biana with an agent on the plot and then went to court to cancel the biana 4 days before the same owner along with the same agent transferred the plot to me in DHA office.

After the transfer signatures and photo, DHA received a stay order from court. Now DHA is saying that since they received the court letter after the transfer so DHA has done the transfer in my name but now I can not sell the plot until the stay is vacated.

I have just learnt of this story now and what wanted to know what should I do?

Jameel Mughal® replied on Thursday, September 15, 2016 10:14 PM PST 

You are Lucky that market is cooling down otherwise you would be in trouble, Nothing can happen to your property as it is already been transferred, It is Dirty game Between the Owner and previous Biana Holder, Actually the Biana Holder must have not paid the agreed amount in due time, and your owner must have Forfeited some or all of biana amount. This Case best be solved out of court, Your legal Position is that you can file a 420 case on owner [why he sold Property when previous biana was not cancelled] or Put pressure on him that he should solve the issue out of Court. For example he did biana 10 Lac, he cant forfeit all 10 lac, even Court will also order something in between.
The negative side is if case prolongs many years the plot value will be higher and higher, The previous biana Holder's Position will be stronger.
Tell the owner that you intended to sell the plot when needed, because of you I am in Trouble you Finish the case otherwise I will go in court, Don't discuss your weakness etc with any one. Keep this Plot with you if price was good don't give back to owner as they will never compensate your transfer and 10% gain Tax cost,
I am not legal adviser you can discuss with some sincere Lawyer but don't get Panic. Because of recession your position is strongest.

I am hearing many of such disputes as Foolish dealers have done unrealistic bianas with Owners and unable to find seller with "Roti", It is advise to all Biana Holder, owners and Buyers. Nither Biana Holder have right to take all money back he should expect 2,3 Lac less. Nor Owner can forfeit all Biana money. Buyers should be very cautious that there was biana and write on stamp paper and ask seller also before deal. New seller should only sell to parties with cash transfer ie only 7,10 days transfer time.
And dealers/investors should forget Biana Game for a while untill market revives.

Jameel Mughal® replied on Friday, September 16, 2016 02:35 AM PST 

Agreed with Juniad Otherwise Court can Cancel that stay in one day, That is money dispute between Previous dealer who could not arrange payment in time and still Holding expired Biana paper and Plot owne. The Third party have nothing to do with.
OutLooker Property transaction are already reformed in DHA and are fool Proof, Bianas are personal agreement and are kept in homes without registering in any legal place. DHA or LDa office cant do any thing about that.
Stay does not mean any thing big it just means that Cout still have not heard two parties and case is pending. 3rd Party can Join the case and stay can be lifted in first hearing. Then it will be just monetary dispute between two persons.
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(76237)
Thursday, September 15, 2016 04:06 PM PST 
LRE Inevtory 15 September 2016

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Abu Muhammad replied on Thursday, September 15, 2016 08:46 PM PST 

Daily Price
update
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