Lahore Real Estate Forum

Friday, August 7, 2026 02:57 AM
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(75956)
Tuesday, August 23, 2016 05:06 PM PST 

Dear Khadim Hussain
Please kindly advice the market price for the plot number.

Phase 8/X1100

Thanks

Lahore Real Estate replied on Tuesday, August 23, 2016 05:36 PM PST 

Dear Sir,

Plot price near X 1100 is around 180 lacs.



Mian Rashid
+923028409967
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
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(75954)
Tuesday, August 23, 2016 02:51 PM PST 
Remittance question

Friends,

I had some money deposited in my account after selling a plot. I wish to remit it to Dubai. I asked MCB and they have said it is not possible to do outward international remittance through bank account as it is not allowed by State Bank of Pakistan?

Is this correct? I thought government wanted us to use proper banking channels?

Pakistan® replied on Tuesday, August 23, 2016 02:58 PM PST 

Meezan bank told me same

Adeel Khan® replied on Tuesday, August 23, 2016 03:43 PM PST 

Following are the possibilities:

1-Remit Through Dollar East Exchange. Pay them in Local Currency and they will remit for you or make demand draft in beneficiary name to be drawn on specified bank in the country you wish to transfer money.

Alternatively,

2- Open a foreign currency account in any bank (Ask first if they do the international wire transfer through foreign currency account)then deposit US Dollars (Cash) in the account then you can wire transfer from your that account to your account abroad.

3- Make a Demand Draft in Foreign Currency in your name drawn on the bank in the country you you wish to transfer. You can deposit that Draft in your country abroad.

I did this through Soneri Bank Limited.

Thanks & Regards.

Adnan replied on Tuesday, August 23, 2016 03:49 PM PST 

Go to Link Exchange on main boulevard gulberg lahore, give them cash or cheque of your local account, they would need your details in dubai, passport, copy of iqama, bank details including IBAN and Swift code, thats it. You will get the money in 4 working days. I keep using their services for my remittances from pakistan to bahrain, last week i got 11 lacs, took 4 days, their rate of conversion is slightly higher and that is where they make money. But its not too bad at all. And the limit for remittances out of pakistan has recently been increased from 10,000 $ to 50,000 $, so you can remit upto 5 million rupees in one transaction instead of breaking it up in parts like in the past. good luck.

Nabeel® replied on Tuesday, August 23, 2016 05:41 PM PST 

Thanks for your suggestions brothers. I am reluctant to open a foreign currency account in Pak after seeing my brother's experience in Standard Chartered Pakistan. They are happy when you deposit your money but whenever one needs to withdraw dollars, they say they don't have them and it will take time.

I lost a couple of real estate deals as they could not arrange to give out even 10,000 USD in 10 days! Rather they could not give even 100 USD within 7 days. This is for a Premium account customer.

tallal replied on Tuesday, August 23, 2016 07:27 PM PST 

Same thing happened to me in alfalah bank they take a long time to pay and gave bad dollar bills,i had to go twice to change them, and they were not happy about it,

Babbi replied on Wednesday, August 24, 2016 01:22 AM PST 

I have good experience with UBL regarding foreign currency account/transactions etc.

Habib replied on Wednesday, August 24, 2016 02:41 AM PST 

Most bank create hurdle in accessing Dollars but in 7,8 days this issue is sorted, Dollars can be changed to Pak rupees radially on interbank rate [same rate as that of Tez rafter from UAE] So I don't think one need to invite Money changer in the Bank to Change the Dollar to Pak currency and they also give you rate slightly less than market rate as they have to provide this service. The only temptation is when Dollar is on Black in Market which is rare case then open market rate is far high than interbank rate. Keep in mind Changing Dollars from open market can make your white money Black or you will have to do effort to prove that and keep all transection records.

On Opposite direction Dollars from Foreign currency account can easily be transferred out [Up to certain limit] but you have to give the reason and obtain permission from state bank which is 3,4 days process.

Ammar® replied on Wednesday, August 24, 2016 02:25 PM PST 

Dear Habib,
you mentioned above that "Changing Dollars from open market can make your white money Black or you will have to do effort to prove that and keep all transection record"
you mean if one keeps all receipts given by open market dealer then he can avoid risk of making his white money into black?
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(75953)
Tuesday, August 23, 2016 03:04 AM PST 
CMY ( LRR BAHRIA)

Dear CMY, few months back you shared the map of RR which is passing through Bahria. Since the matter is open now hence would you please share the final version of RR map or previous version which was shared by you earlier is still valid.

Kindly advise.

Adeel Khan® replied on Tuesday, August 23, 2016 03:45 PM PST 

Just Google by typing Ring Road Through Bahria Town Lahore. You will find plenty of images and videos.

Thanks.

User_19762® replied on Tuesday, August 23, 2016 07:03 PM PST 

Your advice is good however there are plenty of maps and which one is correct and final
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(75951)
Monday, August 22, 2016 10:19 PM PST 

Plz evaluate plot# 12 sector D block DD 60 feet road Bahria town lahore thanks.
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(75948)
Monday, August 22, 2016 09:22 PM PST 
Your advice on keeping or selling plot in S block - Phase 9

Hi All
I have a plot in Phase 7 - S block (1 kanal).
I would appreciate if you can suggest if it should be sold and invested some where or kept.
I am saying in terms of investment.
regards

abdullah7789 replied on Tuesday, August 23, 2016 08:43 PM PST 

Should I sell it or keep it?
Please advice

Lahore Real Estate replied on Wednesday, August 24, 2016 02:13 PM PST 

Dear Mr Abdullah,

Prices in Phase 7 have hiked as much as they possibly could have. From an investment point of view Phase 9 Prism is the go to place, if you could sell that phase 7 plot and reinvest in Prism it will be extremely beneficial in the longer run.


Lahore Real Estate
Email:INFO@LREPK
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(75943)
Monday, August 22, 2016 08:30 PM PST 
AWT-2 Pictures

Houses
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(75941)
Monday, August 22, 2016 08:21 PM PST 
AWT -2 LATEST PICTURES OF CONSTRUCTED / UNDER CONSTRUCTION HOUSES

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(75940)
Monday, August 22, 2016 06:59 PM PST 
getting calls from all dollars

getting calls from yesterday from dollars where i went as a buyer in last year and more ,,,,,,,, market desperately looking for buyers , market started to shake prices will drop . ALERT

Real Estate is best replied on Monday, August 22, 2016 07:06 PM PST 

@6006 You were given the right title by HassanHC, Fear Monger 😈

tallat replied on Monday, August 22, 2016 08:26 PM PST 

Real hens telling the truth no buyers these days as compared to sellers. Its my own experienced. Trying to sell desperately

Khurram® replied on Monday, August 22, 2016 08:30 PM PST 

@tallat, what do you want to sell. can you mention here. There are a lot of investors on this forum who are willing to buy because this is the right time for buyers

Arif M® replied on Monday, August 22, 2016 08:42 PM PST 

Real Estate is Best, is it not better if we stick to sharing opinions and views related to real estate... rather than name calling?

AhmetKildir® replied on Monday, August 22, 2016 08:44 PM PST 

Tallat you are probably the only seller in the world who is trying to portray a dismal view of the market and yet claiming to be selling a plot. Aapki azmat ko salaam hai. Please register your ID and then do whatever you wanna do.

Arif M® replied on Monday, August 22, 2016 09:17 PM PST 

@Ahmet, he might have plans to sell one and buy 3. So that way it can suit him :P

User_14317® replied on Tuesday, August 23, 2016 01:48 AM PST 

It is real hard to find buyer, i am facing same issue.

User_14317® replied on Tuesday, August 23, 2016 02:05 AM PST 

CMY replied on Sunday, August 21, 2016 11:31 PM PST

Perhaps current very weak property market is not suitable for
DHA Multan launch . Also Commercial may not be launched on iinstallments at first iinstallments booking.

Above is market condition explain by respective CMY sb with below on of post.
The first line is describing same situation which we are facing right now.

Nabeel® replied on Tuesday, August 23, 2016 03:04 PM PST 

I think they are always buyers in the market, if the price is right for them. :-)

Ali replied on Tuesday, August 23, 2016 10:18 PM PST 

As a buyer if I have to hold my investment for 3 years then I will think a lot before investing otherwise if I have to pay 10 percent tax on selling property within first year then it will make this investment much less attractive for me.

Real Estate is best replied on Tuesday, August 23, 2016 10:37 PM PST 

@Ali, Half knowledge is no knowledge and making assumptions on the basis of half knowledge is lethal. 10% Tax is on gains which one makes on a property(selling-buying price) not on overall price of property. if you earn 20 lac in one years paying 2 lac as CGT is what problem. if you are not filer then even no need to pay this 10% all together

AHMAD HASSAN® replied on Wednesday, August 24, 2016 08:02 AM PST 

@ Real Estate is best you should apologies to User_6006. Yes you have correct & 100 knowledge about taxes. But issue isn't taxes. Issue is FBR threat and source of money. Our system had converted white money into black. Now wait for market to stable. This is true, I also ve one plot for sell but no offer yet. On ground reality is if plot price was 130, seller demanding 135 and buyers offering 100. Not only me everyone wants to catch crash deal. Who doesn't want to buy cheap. Best buy gives you best sell.
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(75939)
Monday, August 22, 2016 06:56 PM PST 

Dear LRE & Property Experts,

I have around 70 lacs and want to buy 10 marla plot in order to immediately start my house construction. Can I buy 10 Marla plot in DHA phase 6 or 7 in this price range?

Lahore Real Estate replied on Monday, August 22, 2016 07:34 PM PST 

Dear Mr Qasim,
Immediate construction does not look likely as 10 marla plot in phase 6 would cost more than your budget phase 7 is a possibility but you would have to wait for possession.

Lahore Real Estate
Email:INFO@LREPK.COM
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(75938)
Monday, August 22, 2016 06:49 PM PST 
Divine Gardens 14 Marla Plot For Sale

Divine Gardens 14 Marla Prime Location Plot For Sale.

Its Located At Executive Block And Very Good Price Buy Today Build Today.

Asking Price is 110 Lacs.

For More Info Plz Call Or Email.

Adil Saeed
0300/322-4009766
Masaeed786@gmail.com

:forsale: :forsale: :forsale:
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