Lahore Real Estate Forum

Sunday, August 16, 2026 05:10 PM
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(75962)
Tuesday, August 23, 2016 10:48 PM PST 

Hi LRE i need sincere advice i have two 10 marla plots in phase 7 they worth 78 lacs each ? i bought them for 60 lacs 3 years ago .I think it has been a slow investment in 10 marla .Should i sell these plots n buy 1 plot either in phase 7 or phase 9 1 kamal good location ? sincere advice needed

User_9325® replied on Tuesday, August 23, 2016 11:27 PM PST 

dont think it will be a wise decision given the current scenario. I think you should hold onto those plots as time of phase 7 has begun now. yu have waited for so long. in present slow market I think phase 7 will continue to be little bit safer option then prism to withstand slump.

Habib replied on Wednesday, August 24, 2016 02:30 AM PST 

test

Habib replied on Wednesday, August 24, 2016 02:31 AM PST 

All the properties are going for marginal dip or stagnation, It is better for you to hold as dip will be minimal here.

CMY replied on Wednesday, August 24, 2016 11:27 AM PST 

With some amount added It is strongly recommended to sell 10 malra in DHA7 to buy Prism one kanal. Your net return in three years will be lot higher. Insha Allah

Choudry Mujahid Yasin ( CMY )
*
Lahore Real Estate®*
98-Y Block Commercial Defence Phase 3
Infront Of Breeze and Old DHA head office
Lahore
042-35692420 Upto 23 (+924235692420 to 23) Or UAN 042-111-111-040
Contact us Form http://bit.ly/2bLUbkY
Info#LREPk.Com

========Important======
Beware of imposters/fraudsters. We have only one office in Lahore and at above address. To be safe no money should be sent to any one claiming to be from LRE without first getting ok from Adil Saeed + or Salman Maqsood +923224009967 or Choudry Mujahid Yasin + even if had past deals with LRE (All Three no have WhastApp too)
========Important======

Arif M® replied on Wednesday, August 24, 2016 02:33 PM PST 

I agree with both Habib and CMY. I think it will be good to switch but not right now. May be you can do it after 3-6 months once there is some drop in prism
prices and increase in phase 7 prices. In longer term (4-6 years) Prism will be winner. In shorter term (1-3 years) phase 7 will be winner.

All said, make a decision after spending LOT of time and doing LOT of research. Best of luck.

Surfer® replied on Wednesday, August 24, 2016 04:10 PM PST 

I agree with CMY it is the best time to switch. If someone really wants to switch in PRISM.
"PRISM WILL BE REAL WINNER IN COMMING YEARS"
"In shaa ALLAH"
Try your level best to think hard before making any Investment decission of your hard earned.

M.A.K® replied on Wednesday, August 24, 2016 07:49 PM PST 

Sir CMY, Can you please give your own rationale expectations on magnitude of the huge returns expected from Prism. I mean that if someone buys a good (not best) plot in Prism in 120 lacs and pays remaining around 15 lacs development charges and with transfer fees the total plot cost will be 140 lacs. So how much expected future value do you see for such plot after three years in Prism?
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(75961)
Tuesday, August 23, 2016 10:25 PM PST 

Can anybody please update what are the actual rates of 5 marla on ground, possession plots in Bahria Town Lahore in C and D blocks?
It is hard to judge actual prices as lots of views are shared in context of given market situation.
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(75960)
Tuesday, August 23, 2016 09:21 PM PST 
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(75958)
Tuesday, August 23, 2016 07:55 PM PST 
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(75957)
Tuesday, August 23, 2016 06:11 PM PST 

Aoa, kindly evaluate the price of 1 kanal plot in dha phase 9 N block near 620. (3 paid).thanks

Lahore Real Estate replied on Tuesday, August 23, 2016 06:29 PM PST 

Dear Sir,

Prism near N 620 worth is around 105 lacs ( 3 paid ).


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

Jk replied on Tuesday, August 23, 2016 06:48 PM PST 

Dear can u tell me thar
prices fall down? Because few days Back it's upto 110 with 2 paid.

SaeedUSA® replied on Wednesday, August 24, 2016 09:44 AM PST 

Prices are going down very fast. I got a call from broker yesterday that there is house in iqbal town and investor bought it for 140 lakh to sell later with 35 lakh biana and now he doesn't want to buy it and he is willing to take 125 lakh and may be more less..i might offer him one crore. Other wise he is going to loose his biana.

Real Estate is best replied on Wednesday, August 24, 2016 11:26 AM PST 

Saeed sb, please use common sense PLEASE.its not that the
prices going down its because he investor clearly unable to arrange balance payment to execute the deal. he just want to sell it to a third party on biana with some profits on top as market is slow and and trasfer time could have approached and he does not have funds thats why he is trying to safe his biana from being confsicated.

Real Estate is best replied on Wednesday, August 24, 2016 11:29 AM PST 

People like you have no insight and creating confusions for others

AHMAD HASSAN® replied on Wednesday, August 24, 2016 01:57 PM PST 

@ Real Estate is best, you are expert, we admit. But why you became personal. Although there could be disagreement between opinions but there is consensus between us that we all respect each others opinions. Ahmet, Jamil Mugal, Tahir Bukhari, HassanHC, Shahzad Qamar, Ejaz ( Plz excuse if missed any name) all earned a lot of respect here due to honest opinions regardless they agree or disagree with one. Please first register yourself. Then give us respect.

Arif M® replied on Wednesday, August 24, 2016 02:39 PM PST 

Completely agree with views of Ahmad Hassan. Real estate is best seems to be a knowledgeable person but fail to earn general respect because of immature attitude. Thumb rule. Give respect. Earn respect. And hence your views will also gain more respect.

Flex01® replied on Wednesday, August 24, 2016 03:12 PM PST 

Well said Ahmed Hassan. Totally agree with u.

Real Estate is best replied on Wednesday, August 24, 2016 03:30 PM PST 

Ok bhaiyo meray pechay par gye ho sab. mai tou asa he hon. what i can do for all of you is, i will never post here again. bye bye

Ejaz_EJ® replied on Wednesday, August 24, 2016 03:40 PM PST 

Thank you Ahmed Hassan Sb for the compliments,

i am silent from some time but closely observing the current situation,

Regards

AHMAD HASSAN® replied on Wednesday, August 24, 2016 04:06 PM PST 

Real Estate is best, you are part of this family. We don't want you to leave us.

FAA.awan® replied on Wednesday, August 24, 2016 04:44 PM PST 

Dear Real Estate is best, your are very nice man on this forum.you are one of them who have positive views about property market.Here some people are trying to create so- called slump for their personal benefits whatever they have.One thing should be kept in mind,it is just tea-break,not the end of game as the pessimists are portraying only dark side of the picture.Be brave and face them.Best of luck.

Surfer® replied on Wednesday, August 24, 2016 06:55 PM PST 

@ Real estate is the best I always try to read your posts as your posts are very much positive.
Yes you are right some people here always trying to create panic but soon this tea-break will be over everyone with negative views will converted to say that they miss the opportunity to grab.
Anyways As Mr. Ahmed hassan said you are part of this family. No one here is against you or your postive approach.
So my recommendation be in touch & enjoy postings but plz get yourself registered by CMY. You are just a sms away from registration.
Just be happy ☺
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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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