Lahore Real Estate Forum

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(76116)
Sunday, September 4, 2016 09:52 AM PST 
CMY / commercial advice

Dear CMY sahib

Thanks for updates. Hope and pray inshallah for good health

What do you suggest now for commercial investment for 3-4 years with intent to get capital gain / or Build for rent ...

. Where do you see prices of phase 7 and phase 9 commercial top locations in next 3 years for 8 Marla and 4 Marla

Thank you

CMY replied on Sunday, September 4, 2016 10:55 AM PST 

Commercial always be preferred over residential. 8 Marla must be preferred over 4 Marla if budget allows.

Prism Commercial far stronger gainer in past and will bw better due to huge areas to be served.
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(76115)
Sunday, September 4, 2016 07:52 AM PST 

Any effect of Lahore Eastern Bypass on Lahore property market? Which societies will get benefit?

answer replied on Sunday, September 4, 2016 10:33 PM PST 

Rana town only.
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(76114)
Sunday, September 4, 2016 06:38 AM PST 

"I want to buy one kanal plot which is better for 2-3 years investment DHA phase 7 or DHA phase 9?

My budget is 12m.

Thanks
Murtaza
"



In 120 lacs you will get a weak location in DHA7 and a very decent location in Prism DHA 9.



If you want to build a house in DHA7 in next 2 years go for only DHA7. If goal is to earn more over 3 years or more go for Prism. Both equally safe.



Only possession dont warrant paying extra money if intent is growth only. Yes it make sense if plan is to make house. Please also keep in mind you will pay new Punjab govt tax on empty plot and also will pay non construction penalty for possession plots in future for just keeping for investment only. Please also keep in mind Prism was highest gainer in past 5 to 7 years due to superb location ad DHA 7 was slowest gainer in same period in entire DHA in same period.

Only possession dont increase prices location is what is most important. DHA7 have possession started in some blocks more than 2 years ago but prices rose more in Prism due to location that proves my point.

Your friend

Choudry Mujahid Yasin ( CMY )

Lahore Real Estate

+ SMS and calls ( Available and prefer contact on WhatsApp for free of cost investment fair advice no matter where you are buying from).

Farhan® replied on Sunday, September 4, 2016 02:26 PM PST 

CMY Sb you seem to be bit biased towards Phase 9 despite of the fact that in your post above largest inventory on sale is Phase 9. In my humble opinion thinking of past track record of DHA, very slow development process in every phase. And in time of uncertainty biggest correction occurs on off ground properties. But time may prove me wrong. Les see.

Mrs Imran replied on Sunday, September 4, 2016 02:34 PM PST 

@ CMY sahab! If this person Murtaza is interested in phase 7 so please refer my plot, yr teem member Khadim hussain sahab knows about my plot 1681 X block, as u know it can give me good return after possession, but I don't want to wait.

LOYAL PAKISTANI replied on Sunday, September 4, 2016 02:47 PM PST 

Quote price and will you exchange plot on one of the Raiwind Road best society n plot
location is excellent also facing park n nearest to canal.

interested replied on Sunday, September 4, 2016 03:14 PM PST 

Loyal which society u possess plot in ?I have one in Dha 7.we can deal through lre.

Farhan® replied on Sunday, September 4, 2016 04:19 PM PST 

There seems to be a campaign to malign phase 7. Please post wth real names to haves one credibility.

Flex01® replied on Sunday, September 4, 2016 05:31 PM PST 

Agreed with Farhan. I think non registered users should not be allowed eventually on this website

Mrs Imran replied on Sunday, September 4, 2016 06:30 PM PST 

I don't want to exchange, and I was asking CMY sahab no one else '______'

LOYAL PAKISTANI replied on Sunday, September 4, 2016 07:39 PM PST 

It is situated in Beacon House Lahore on 70 feet road in front of park n along with park there is commercial area, community club n society office.

Very near to canal. Ready to live and Construction
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(76113)
Saturday, September 3, 2016 11:27 PM PST 
Prism DHA Lahore Prices Updare Sept 3 2016

*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

Usama Javed® replied on Sunday, September 4, 2016 12:22 AM PST 

So finally the cat is out of the bag,Now onwards there will be steady and healthy gains in prism from these
prices. Good in a way for prism.

Sheikh_at® replied on Sunday, September 4, 2016 12:42 AM PST 

Thanks to Allah I sold my prism plot at peak, by the looks of the market, it i s not looking good for prism and phase 7.

Usama Javed® replied on Sunday, September 4, 2016 01:04 AM PST 

Sheikh sb, The price for which you sold prism plot was not peak! Prism's
prices will attain peak where and when it will equalize OR outpace Phase 8 prices. 3 years down the road you will see prism peaking. Good luck

Sheikh_at® replied on Sunday, September 4, 2016 01:25 AM PST 

Usama sb, I know its a very promising prospect. Im a short term investor and was referiing to a next month or two. In the long term, obviously its the best investment in dha lhr.

AhmetKildir® replied on Sunday, September 4, 2016 01:27 AM PST 

Bhayo, logic use karo. Market was great till the taxes were introduced. Taxes didn't all of a sudden reduce the money supply. Money supply is still there. Any reduction of
prices in phase 7 or Prism will pour in that money. Investors like me who are hunting for discounted rates will fully avail this lovely FIRE SALE offered by the small investors who are unable to bardaasht corrections. I can't wait to get my hands on a golf course facing or theme park facing plot.

Farhan® replied on Sunday, September 4, 2016 02:01 AM PST 

guys please don't compare Phase 7 with Phase 9 in correction. Please have a look at the daily
prices posted by LRE for phase 7 plots both files and balloted. I have noticed any correction there so far. Though I would be expecting more correction in phas 9.

Usama Javed® replied on Sunday, September 4, 2016 02:18 AM PST 

@Sheikh sb, yes i knew you version, that is why was wishing to best of luck for your new move.

@Ahmet, brother we are in the same boat.
All the best.

AHMAD HASSAN® replied on Sunday, September 4, 2016 02:28 AM PST 

Ahmet made it very clear. Buyer is there but waiting for price to come down. Seller also wants to sell on previous
prices then they want to buy on new price :). Who will break this deadlock? Answer is "TIME". Prices are towards decline side. Previous prices were with two installments & new with three installment & few lacs drop. Just like Ahmet, am waiting too but am targeting J block plots only.

@anticipation replied on Sunday, September 4, 2016 03:27 AM PST 

OMG....Even factors like massive projects of LRR, Orange line etc., fast-track development and on-map plots could not support prism to 'sustain'
prices. The prices have already fallen 15% and still more to go....

what will happen with the 'FILES' of DHA Multan/Bhwp/Guj. I think its time for them to drop too. For example, DHA Multan will see its first bottom at 32-33 soon. Bhwp will go down to the level of 25 again!
IF Prism is to face dip and then an epoch of STAGNATION where the development is right on track, HOW WILL FILES SURVIVE?

KSA Banker® replied on Sunday, September 4, 2016 03:46 AM PST 

Dear and Respected CMY, please excuse my ignorance but I have following few very simple questions which I would love to get your response to for my better understanding:

(i) What exactly the rates as mentioned above mean? are these rates at which prism plots have been bought and sold over the last 20 days (meaning rates defined by market) or these are your estimates of the fair value at which plots should be traded today?

(ii) how many prime
location one kanal plots were bought or sold through LRE at 145 lacs per kanal in blocks A, C, D, P, Q during 30 days leading upto to 6th August 2016 (the date of previous rates update)?

(iii) how may prime location one kanal plots have been bought or sold through LRE at 130 lacs per kanal in blocks A, C, D, P, Q during 28 days leading upto to 03rd September 2016 (the date of latest rates update)?

By the way, the tone of your message seems to be advising potential investors to jump in as you mention that "rates have come down by many lacs". I did some quick calculations. If we take the average of the range of rates provided by your for each block and then take the average of those averages for each block, the average decline between 06 August and 03 september is only 6 lacs (for kanal plots). If I remember correctly, you pointed out in your last audio message that rates in prism may come down by 10 to 15 lacs (which I suppose you may be referring broadly to average rates). So it seems that Prism prices may come down quite a bit more to be rational enough to lure genuine white hard earned money investors.

Again, although i have been silently following this forum for long time, I rarely write here and dont intend any offence to any one. I hope answer to my above questions (if provided by respected CMY) would help many readers of this forum who prefer rationality over hollow claims or wishful, self deceiving portraying of any situation

Habib replied on Sunday, September 4, 2016 12:15 PM PST 

Thanks CMY showing us some direction, So far people were getting impression that
prices in prism did move an inch, In my Post " Advice to sellers" a while ago I gave the same advice to seler that they need to Consider offers about 8% Less than Peak Level.
Only 2 months Have passed, If you see slow Down Prices did not Crash in 2 months, In my view it is only beining and when reasonable volume of trade is established only then we can say the market have bottoms and then on ward recovery will start.

Arif M® replied on Sunday, September 4, 2016 02:49 PM PST 

I do not follow prism market, however I have been tracking couple of small societies on raiwand side. Let me share my observations from last 4-5 months.

Demand
prices of 5 marla in 2016 START were 33-36 lac
Demand prices of 5 marla just BEFORE taxes were 38-42 lac
Demand prices of 5 marla just AFTER taxes became 42-47 lac
and NOW they have dropped demand prices to again around 38-42 lac.

All this to to give impression that there has been considerable drop in prices. However in reality prices are still at peak level. I wonder how many will fall for this trap.

lilly replied on Sunday, September 4, 2016 06:17 PM PST 

Could anyone plz tell me what is the future of
DHA Multan and Bahawalpur?? Market gurus are requested to post comments. Regards

Habib replied on Sunday, September 4, 2016 08:05 PM PST 

more than other sectors percetwise

Nabeel® replied on Sunday, September 4, 2016 08:39 PM PST 

Yes, I think those looking for opportunistic distressed deals have ample time in hand to wait for the market to bottom. This looks just to be the start of the downturn, post which will follow a period of price stabilization/stagnation during which a decision can be taken for purchase.

I think it really depends on how many short-term holders are currently in the market.

CMY replied on Monday, September 5, 2016 03:12 PM PST 

Panic selling with large numbers of deals is not seen yet and hopefully we wont see it soon either. Lets hope its only few weeks profit taking thingy and not start of any correction etc :) Sellers still hoping and holding sale till after the Eid to capture the expatriates vising during holidays. So no major movements in either direction possible until after the Eid so lets chill till than :)

BTW one last chance to grad
DHA Multan under 40s for 2 to 3 years holding for easy 100% gains inshaAllah. My guess is after reversal from this current falling price DHA Multan wont look back again. Only weeks time to stay weak and than good recovery very very likely. I cant explain real reason in public why its price is falling daily. That why I love to have private chats with you on WhatsApp. Join me at this WhastApp number + to have real fun.
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(76112)
Saturday, September 3, 2016 10:11 PM PST 
Eme vs Dha rahbar commercial plots

Need advice on prospects of commercial plots between EME society vs DHA Rahbar
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(76111)
Saturday, September 3, 2016 10:00 PM PST 
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(76109)
Saturday, September 3, 2016 08:00 PM PST 
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(76107)
Saturday, September 3, 2016 06:22 PM PST 
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(76103)
Saturday, September 3, 2016 10:07 AM PST 

Dear LRE team,
Can you tell me current market value for my 8 Marla corner plot 612-H in bahria orchard low cost housing scheme Lahore at raiwind road Lahore
thanks
masood
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(76102)
Friday, September 2, 2016 10:02 PM PST 

Buddies, DONOT WORRY ABOUT DHA MULTAN IT IS A SUPERB PROJECT AS MENTIONED MANY TIMES BY CMY DUE TO THE FOLLOWING REASONS;
1) LAHORE - MULTAN MOTORWAY
2) MULTAN METRO
3) FUTURE SOUTH PUNJAB CAPITAL
4) TRANSIT BETWEEN LAHORE AND KARACHI
5) ATTRACTIVE LOCATION
6) DHA MULTAN IS SURROUNDED BY POLLUTED AND EXPENSIVE AREA
7) LAND HAS BEEN ACQUIRED


SO HOSLA RAKHO BHAYO

User_G7722® replied on Friday, September 2, 2016 11:55 PM PST 

POLLUTED - - - HAHAHAHAHAHA
!
Sir, dont be so excited. :)

Farooq replied on Saturday, September 3, 2016 01:16 AM PST 

hahaha......I think he meant populated!

MIT® replied on Saturday, September 3, 2016 01:28 AM PST 

Let him express; do not make fun pl.

Farhan _29 replied on Saturday, September 3, 2016 01:34 AM PST 

Sadiqabab bhi transit ha bhai g
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(76099)
Friday, September 2, 2016 07:32 PM PST 
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(76098)
Friday, September 2, 2016 07:15 PM PST 

Please evaluate Bahria EMC plots below:

B885 & B900

Regards
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