Lahore Real Estate Forum

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(75902)
Saturday, August 20, 2016 04:08 AM PST 
Reply to Ahmad Hassan Sb - Audit and Accounts Phase 2

Ahmad Hassan Sb,

The land completely owned by the Society. LDA did not approve the Society so far because Lahore Ring Road was passing through it and a number of plots were falling under the Ring Road.

Now when the demarcation of Ring Road has been finalized, the approval from LDA will soon be issued.

Moreover, only Sector A of Bahria Town, Lahore and Bahria Orchard(Safari Town) are approve by LDA, and all the other (several) Sectors/Schemes of Bahria Town, Lahore are not approved.

But you are ONLY trying to defame Audit & Accounts Phase 2 on this ground… why??… it seems that you have some other hidden reason… do you?

AHMAD HASSAN® replied on Saturday, August 20, 2016 05:45 PM PST 

Dear Amjad Bahi, I have zero investment in Bahria due to that reason. Residents of Bahria who are effected from ring road route will get DC value as of agricultural rates or they will be on Bahria management discretion. I am not going to get any benefit or lose anything if one buy or don't buy plot in A&A. But صراط مستقیم ہی صیح راستہ ہے۔ Being a good citizen we also have some responsibilities. We should force societies to get approval. Just look at the post above, one of victim from Nishemen Iqbal. My own brother build a house in Izmeer Town. Roads has been broken & Izmeer management is not going to remake all house will be constructed. That means either people ve to build with own efforts or wait for next 50 years. Without approval means LDA has no record of your property. You canot claim anything from anyone.

Hadi replied on Saturday, August 20, 2016 06:03 PM PST 

Mr Ahmed hassan if u r in touch of ur brother who has house in izmir then u should not have given reference of this society regarding broken road in it. All roads have been really built. No broken road can u been seen in the society. U can check it by visiting ur brother'so home any time

Hadi replied on Saturday, August 20, 2016 06:18 PM PST 

Am jade sahib bahria A , B and Co r approved by LDA rest E, F etc r not approved.

AHMAD HASSAN® replied on Saturday, August 20, 2016 06:24 PM PST 

I visited Pakistan last time in June 2016. Till that time no. But I will recheck specially today.

SMR Hakim replied on Saturday, August 20, 2016 06:48 PM PST 

Mr.Ahmad Hassan. It will be very kind of you if you have offered comments after visiting IZMEER TOWN. Izmeer Town is one of the best residential society at a prime
location.The management looks after affairs of society properly.The residents are living peacefully. Kindly visit the society and then offer your esteemed comments.

Jahan Durrani replied on Saturday, August 20, 2016 06:51 PM PST 

Mr.Ahmad Hassan. It will be very kind of you if you have offered comments after visiting IZMEER TOWN. Izmeer Town is one of the best residential society at a prime
location.The management looks after affairs of society properly.The residents are living peacefully. Kindly visit the society and then offer your esteemed comments.

AHMAD HASSAN® replied on Saturday, August 20, 2016 07:05 PM PST 

Till my last visit June 2016, roads were required repair work or needs to remake. And this was pending since many years. Yes main roads are ok but I am talking about streets.

Adnan_Ali® replied on Saturday, August 20, 2016 08:19 PM PST 

Bokhari Sb, Hats off to your Logic ;)

AHMAD HASSAN® replied on Saturday, August 20, 2016 08:23 PM PST 

Dear Tahir, how one thing could be best for investment & not good for living. Shouldn't be good for both, isn't it.

Tahir Islam Bokhari replied on Saturday, August 20, 2016 08:42 PM PST 

Ahmad Hassan Sb,

We are living in present, not future.

Audit and Accounts is good for investment right now, like some of my friends here may think that DHA Phase-9 is good for investment at the moment.

I am talking about investment for the next one year, and I am sure nobody who is looking for one year investment in DHA Phase-9, Prism can also expects that I will become livable by that time.


So neither Audit & Accounts Phase 2 nor DHA Phase-9 can be good for living after one year, but both can be good for one year investment.

I hope that you understand this difference!

Falak replied on Sunday, August 21, 2016 01:21 AM PST 

Ahmed Hassan bhai 70℅ Road in Izmir had been remade till January 2016. Rest 30℅ were made till April 2016 as I am residence of Izmir. If u visited in June 2016 then no way there was any road which needed to be repaired. Plz recall your memory may be you visited Izmir town in June 2015 instead of June 2016.

AHMAD HASSAN® replied on Sunday, August 21, 2016 02:13 AM PST 

My last & final comment on this discussion. سستا روئے بار بار مہنگا روئے ایک بار .

AliAwan® replied on Sunday, August 21, 2016 10:53 PM PST 

Double ownership: Back in early 2000's management cancelled plots for defaulters. They were reallocated but the defaulters went to court and court ordered to give the plots back. That created double ownership and as per my knowledge that problem has been solved and people have been given alternative plots.

BABUR replied on Monday, August 22, 2016 02:01 AM PST 

thank u ali bhai u accepted some facts, however, the notice is displayed on society office that possession for D Block is not available till mortgage will not be cleared by LDA

AliAwan® replied on Monday, August 22, 2016 02:10 AM PST 

I will check this Babur as i have investment in Phase 2 so not much of knowledge about this but will surely check this if you say so.
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(75901)
Saturday, August 20, 2016 03:50 AM PST 

Dear Brothers,

I have 4 million investment! I am confused between Prism J Block 5 marla or DHA Multan 1 kanal allocation. Which one will be more beneficial in 3 years time frame?

Thank you!

MSR replied on Saturday, August 20, 2016 06:15 AM PST 

5 marla can gain max to 6 million however I Kanal can go way beyond that. Choice is your's.

tallat replied on Saturday, August 20, 2016 11:02 AM PST 

Hang Nora gang, they will again steal the election

Lahore Real Estate replied on Saturday, August 20, 2016 01:28 PM PST 

Dear Sir,

Phase 9 Prism is the hotest prospect for now and for the future as well, your 3 years holding plan is like icing on the cake, be comfortable in investing in prism as it will serve you very well.



Lahore Real Estate
Email:INFO@LREPK.COM

Lone Ranger replied on Saturday, August 20, 2016 03:12 PM PST 

Thanks MSR & LRE,

I agree with MSR in terms of potential gain.
Dear LRE, why are u recommending J Block over Multan? Any specific reason?

Thank you

Surfer® replied on Saturday, August 20, 2016 04:45 PM PST 

Both are reasonable Investments:
But J block has more potential to grow in 1 to 2 years due LRR & Fast track development "In shaa ALLAH" in PRISM.
Try your level best to think hard to Invest your hard earned.

Flex01® replied on Saturday, August 20, 2016 05:09 PM PST 

Tend to agree with MSR

However, in pak RE, logic does not apply most of the time:)

Arif M® replied on Saturday, August 20, 2016 06:22 PM PST 

Prism 5 marla average plots are currently selling at 38 lac + dev charges. Almost 50 lac total. On other hand DHA town average plots which have possession and better
location are selling for 55. That means very little growth margin left here. I ll recommend you to go for Multan with holding period of 3-4 years.

J vs 9 town replied on Saturday, August 20, 2016 06:33 PM PST 

@Arif M, Sir prism K,J have direct approach from LRR, 9 Town ko kidher compare kar rahay hain J block se?
Approach does matter in determining the price of a property

J vs 9 town replied on Saturday, August 20, 2016 06:41 PM PST 

Moreover do you think in 9 town 5 marla plots will be selling at the same price after 3 years?
after 3 years if 9 town reaches at 75 lac on average for 5 marla then K J R prism 5 marla should also be selling at 70 lac on average
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(75900)
Friday, August 19, 2016 10:40 PM PST 
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(75899)
Friday, August 19, 2016 09:41 PM PST 
Orange line

LHC stopped construction of Orange line close 11 historic sites. Now more houses will be demolished. More cost on engineering for new routes. Lahore first two under passes (Jail road & Muslim town) are on wrong side. May be designs were copied from North America side. After building two wrong under passes authorities learned lesson but with high cost of money & accidents as well as confusing drivers. This is typical outcome of nepotism & keeping all authorities in single hand.

Haroon_16® replied on Friday, August 19, 2016 10:56 PM PST 

A very important information required please.

What is the approximate rate of 5 qilla 125 kanal approximately near Kamoke. It is agricultural land.

It is very important for me as I cant even find any dealers or rates on zameen website either. Any expert in this regard kindly comment.

Maybe Ahmad Hassan sahab especially, I think he is an expert in such matters. Anyone else also comment.

Arif M® replied on Friday, August 19, 2016 11:36 PM PST 

Loosing billions because of wrong decisions and poor planning. First Bahwalpur Solar project, then Nandi Pur and now this. How many go un-noticed is another story.

Pakistan has such a high skill force who work in top companies of Foreign countries. But they never get the chance to work here because here it is only sifarish and rishwat culture.

And if by mistake someone competent and honest gets into Govt. department then he is thrown out for not following orders of these rulers. Most recent example is firing of two officials who questioned corruption in gas pipeline project. Next day they were fired from Job by Shahid Khaqan Abbasi ministry. Reported today by DAWN.

depressed Pakistani replied on Friday, August 19, 2016 11:45 PM PST 

When elections arrive you all vote for the same rulers; so why regret

LOYAL PAKISTANI replied on Saturday, August 20, 2016 01:26 AM PST 

Exaggeration n sad side.

User_11165® replied on Saturday, August 20, 2016 02:41 AM PST 

Dear nation ,. I love their works, plz keep it up, Abhi tu shamat shuru hue hai. Mazay karo jutay marnay Wally ishaq daler ziada karo

AHMAD HASSAN® replied on Saturday, August 20, 2016 03:04 AM PST 

Am wonder that planners of this project weren't aware of basic act of historical buildings protection.

KK® replied on Saturday, August 20, 2016 01:14 PM PST 

Shukar hai qaum jagna shuru ho gai hai after recent taxation,,rulers must be answerable for every penny they spent

AHMAD HASSAN® replied on Saturday, August 20, 2016 06:21 PM PST 

Haroon, Last year my sister purchased @ 16 lac per acre close to منڈیالہ . There are two منڈیالہ . One is on Sialkot road & second is close to Kamonki. I am talking about that is close to Kamonki.
Prices are in between 15 to 24. Depends on location, seller condation & status of شریکہ پارٹی . If you are buyer more then challenging part is to deal with HAQ SHUFA. North punjab land is devided into small chunks due to unplanned inheritance transfers. Becareful.

Khawaja Qasim® replied on Sunday, August 21, 2016 12:52 AM PST 

Some thoughts on PIA privatization
Leaving politics of PIA privatization aside, it is a classic case of not asking the right questions by anyone including media anchors or even PIA protesting employees for e.g
1. Everyone mentioned the number of employees of PIA per plane which was much higher than other airlines, however No body asked the real important question -- How much does PIA spend on employee salaries as a percentage of revenues? that is what would have cleared the issue of losses and whether they are because of over staffing or some other reason. It turns out that PIA spends just 17% on salaries whereas most western airlines spend 30-40% on employee salaries. Hence the losses are not due to over staffing. You need to look at the remaining 83% of expenses.
2. No body asked the Government minister for privatization to share the assets of PIA and the assessed price of each of that asset for anyone interested in buying PIA. The combined worth of an organization is more than than the total number of assets, but just totaling the total asset value is the start. This list should be published and available for all public and on the internet. This would mean that the process is transparent and there are no malafide intentions. For e.g the PIA office in blue area of Islamabad would be worth around Rs 5-7 billion. From what I have heard it has been assessed at Rs 5 crores in the document. Since the document is not public I cannot ascertain that.
3. PIA own 100% of Roosevelt hotel in Manhattan NewYork. I have posted its latest pictures. Its highly profitable and worth billions of dollars as its located in the most expensive real estate in the world. What is the value assessed for this hotel?
4. Has any international neutral agency been hired to assess the value of these assets?
5. What is the worth of PIA precision engineering factory in Karachi which has even contributed in the defense projects of very high importance of the country?
6. PIA owns or partly owns Hotels in Jedda, Paris, UK and in many other countries..Can we see that list?
7. I know people have their horror stories about travelling on PIA but I have traveled on PIA all over the world and found it to just as good as any other airline.
8. I dont know about the intentions, but based on the above I think "someone" will make billions of dollars in this deal, and the people of Pakistan will suffer, just like people of karachi are suffering after privatization of KESC to K-Electric.

Asif replied on Sunday, August 21, 2016 01:39 AM PST 

@AHMAD HASSAN SB...Any idea about
prices of agricultural land near Kotmomin and Sargodha. looking for cheap agri land there, means undervalued.

Thanks

Hasan Alvi replied on Sunday, August 21, 2016 05:47 PM PST 

Dear khawaja Qaism very good over view you given about sahiwal project. This is ill planning by ganjas one of them is سرئ پاے کا شوقین ہے اور دوسرا عورتوں کا ٹهرکی
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(75898)
Friday, August 19, 2016 08:45 PM PST 
Price evaluation

Dear Khadim Hussain

Kindly evaluate the price of 1 kanal plot near T 1803 phase 8 lahore.

Lahore Real Estate replied on Friday, August 19, 2016 09:00 PM PST 

Dear Sir,

Market price near T 1803 is around 255 to 260 lacs.


Khadim Hussain
+
Lahore Real Estate
Email:INFO@LREPK
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(75896)
Friday, August 19, 2016 07:29 PM PST 
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(75894)
Friday, August 19, 2016 05:30 PM PST 
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(75893)
Friday, August 19, 2016 05:29 PM PST 
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(75892)
Friday, August 19, 2016 04:49 PM PST 

Experts please tell me what is 10 marla plot price in central park g block?

Lahore Real Estate replied on Friday, August 19, 2016 05:28 PM PST 

Dear Sir,

In central park G block (10 marla) plot price is around 47 to 55 lacs.


Lahore Real Estate
Email:INFO@LREPK.COM

Adnan_Ali® replied on Saturday, August 20, 2016 01:49 AM PST 

in Block G, there are also On Ground Plots (Not Possession) but Possession expected within 6month-1 years in lesser price around 30-38 Lakhs, If you check their Map these are adjacent to 1 Kanal cutting behind main park (Plot #1 to 280). These still have potential in my opinion.

Hassan® replied on Saturday, August 20, 2016 03:53 AM PST 

Adnan Bhai,

What about
prices in D block? and when you are expecting possession in D block as you have recently visited the site i guess as you said in other post.

Adnan_Ali® replied on Saturday, August 20, 2016 08:10 PM PST 

Hassan Bhai , in D Block, 80 ft roads and some 40 ft roads also have been done including sewerage. while inner is still agricultural land which will be used for at least 1 season more. I expect it around 1 year at least. however legally when you make sign the transfer letter, society get you signed an affidavit paper that Possession can take maximum 3 years at the most. but in Real if they keep continue with same pace, it will be in time frame of 1 to 1.5 years approx.

central replied on Saturday, August 20, 2016 08:30 PM PST 

kya central park sell karke prism main buy karna chahye

Lahore Real Estate replied on Monday, August 22, 2016 01:39 PM PST 

Dear Sir,

Phase 9 Prism is the hotest prospect for now and for the future as well buy a plot in prism and be comfortable in investing in prism as it will serve you very well.


Lahore Real Estate
Email:INFO@LREPK.COM
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(75891)
Friday, August 19, 2016 04:36 PM PST 
Price evaluation

Dear LRE team,
Kindly evaluate the price of 1 kanal plot in phase 9 prism near N 611 (3 paid).
Thank you

Lahore Real Estate replied on Friday, August 19, 2016 05:27 PM PST 

Dear Sir,

Prism near N 611 can be sold at 102 lacs ( 3 paid ).



Salman Maqsood
+923224009967
Lahore Real Estate
Email:INFO@LREPK.COM
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(75890)
Friday, August 19, 2016 04:03 PM PST 
TRANSACTION STATUS IN BAHRIA AND DHA

Dear LRE team,


Please advise the transaction status at DHA and bahria how many transactions per day now a days. Please advise.

User_9325® replied on Friday, August 19, 2016 04:18 PM PST 

10 to 15 transactions per day in DHA and bahria less then 10. market is almost dead

Real Estate is best replied on Friday, August 19, 2016 04:20 PM PST 

yesterday about 30 tranfers held in Dha, no idea about Bahria

webster® replied on Friday, August 19, 2016 05:23 PM PST 

@ Real estate is best, would u please share the average figure prior to new taxation,

further any idea these 30 transaction how many by investors, or plot or house transfers.

AHMAD HASSAN® replied on Friday, August 19, 2016 05:38 PM PST 

As per my information "could be incorrect" deals value less than 40 are going smoothly. In fact market players are adjusting (not for price) themselves to find ways for tax/FBR avoidence. Once that will be settled you will see تیزی. One of the way is to send money on summer vacations outside Pakistan that is in process nowadyas. Don't worry it will come back as a white shape to meet with first FBR challenge. In the mean time they would ve understand & discovered all tax avoidence ways after sell.

Real Estate is best replied on Friday, August 19, 2016 07:08 PM PST 

@webster bro transfers could be anything plots, houses etc i shared yesterday's figure as a whole only. in start of august they were only 10-15 per day, but with passage of time transaction volume improving overall.✔
before taxes volume was huge.

AHMAD HASSAN® replied on Friday, August 19, 2016 07:23 PM PST 

True. After Eid things will book ok.

HassanHC® replied on Friday, August 19, 2016 09:21 PM PST 

I agree with AHMADHASSAN assessment.
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(75887)
Friday, August 19, 2016 02:14 PM PST 
ASSESSMENT OF 6 YEAR OLD HOUSE IN JOHAR TOWN LAHORE

I NEED TO KNOW THE ASSESSMENT OF PRICE OF A HOUSE CONSTRUCTED IN BLOCK-B-3 OF JOHAR TOWN LAHORE
IT IS DOUBLE STORY CORNER 5 MARLA
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(75883)
Friday, August 19, 2016 06:05 AM PST 
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