Lahore Real Estate Forum

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(75782)
Monday, August 15, 2016 03:43 AM PST 
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(75781)
Monday, August 15, 2016 03:39 AM PST 
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(75780)
Monday, August 15, 2016 02:24 AM PST 

For those asking for latest ring road news.

Foundation stone of Lahore Ring Road Southern Loop Project laid
Lahore29 MINS AGO BY STAFF REPORT
12570061_h28662802
Punjab Chief Minister Muhammad Shehbaz Sharif on Sunday laid the foundation stone of 22.2 kilometre-long Lahore Ring Road Southern Loop Project which will be completed in a year.

At least six interchanges, 18 bridges and 19 sub ways will also been constructed on it.

Addressing on the occasion, the chief minister said that the foundation stone laying ceremony of the Lahore Ring Road Southern Loop Project on Independence Day is a step towards strengthening Pakistan and Punjab economically. He said that socio-economic activities will boost in Lahore and Punjab with the completion of this project.

He appreciated the performance of Frontier Works Organisation (FWO) DG Major General Muhammad Afzal in laying the foundation stone of the project. Sharif said that when he was elected as chief minister of the province first time in 1998, FWO and National Logistics Cell (NLC) were first introduced for infrastructure projects in Punjab.

He said that the performance of private sector with regard to infrastructure projects was very unsatisfactory at that time. The chief minister said he is happy that the decisions made 18 years ago have yielded good results. Although development process was reverse geared during some pervious tenures, in spite that new culture of quality, hard work, honesty and transparency was introduced. An environment of competition was created due to FWO and NLC, he added.

He said that FWO constructed the main boulevard road in Gulberg in 1998, which was recently reconstructed after 18 years due to signal free corridor. The road constructed 18 years ago reflected hard work and honesty, he added. Sharif expressed the hope that construction work of Lahore Ring Road Southern Loop Project will be of international standard with regard to transparency and quality.

The chief minister said that some projects remained suspended in the past in Pakistan but Pakistan Muslim League-Nawaz (PML-N) government has introduced the culture of completing the projects within or before the stipulated period while ensuring quality.

He said that when Major Afzal assumed the charge of FWO DG, this institution made great progress. He thanked Major Afzal, his team, Lahore Ring Road Authority Chairperson Commissioner Abdullah Sumbal and his team due to whose efforts the foundation stone of the project has been laid today.

Sharif said that this is a big project of Punjab government and FWO under public private partnership. He said that today when the nation is celebrating 70th Independence Day, we have to pledge for the construction and development of the country. He said that we have to make such a developed and transparent Pakistan which will be respected by the friends and foes.

A briefing was given to the chief minister about important features of the project. Speaking on the occasion, Major Afzal said that construction of Lahore Ring Road Southern Loop Project will result in facilitating the citizens and this project reflects development vision of Chief Minister Sharif. We will come up to the confidence of Chief Minister Punjab, he added. Arrangements have been made for the execution of this project before the stipulated period, he said.

He said that had Chief Minister Sharif not taken interest in this project, this project would have been only on papers today. He thanked the chief minister on taking personal interest in the project.

Lahore Ring Road Authority Chairperson Commissioner Sumbal said that construction of Lahore Ring Road Southern Loop is the biggest project in the history of Punjab under public private partnership and it will be completed within a year.

Provincial Minister Mujtaba Shujaur Rehman, National and Provincial Members Assembly, Khwaja Ahmed Hasaan, government officers concerned and senior officials of FWO were present on the occasion.
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(75779)
Monday, August 15, 2016 01:56 AM PST 
GOOD OMEN. 14th AUGUST 2016 FOR PAKISTAN

.
THIS 14th AUGUST HAS BROUGHT LOTS OF GOOD LUCK FOR PAKISTAN.

1-

CM PUNJAB HAS INAUGURATED THE LAHORE RING ROAD SOUTHERN LOOP PROJECT TODAY.

2-

CM SINDH HAS INAUGURATED THE K4 WATER PROJECT WITH THE HELP OF FEDERAL GOVERNMENT 50% SUPPORT IN FUNDS.

3-

PAKISTAN HAS CELEBRATED HIS 70th INDEPENDENCE DAY SUCCESSFULLY AND PEACEFULLY.

4-

PAKISTAN HAS FANTASTICALLY WON IN 4th CRICKET TEST MATCH IN UK IN A VERY CINBINCING MANNER. THANKS TO YOUNIS KHAN.

5-

LOTS OF HAPPY MOMENTS YET TO COME IN PAKISTAN BUT WE JUST NEED TO STAY PEACEFULLY IN OUR WORDS AND IN OUR ACTIONS. CPEC N GAWADER PROJECT WILL PROVE A MILESTONE FOR OUR NATION.

GOOD LUCK

.

Surfer® replied on Monday, August 15, 2016 05:04 AM PST 

Finally the day has arrived:
"Ma shaa Allah".
Findings that I discussed last year on PRISM ballot in this respected Forum has been fullfiled by the Grace of ALLAH.
For those who think property will come down actually are in deep state of misunderstanding.
Here I would like add few more words for those who really waiting for price dip in Property specially in PRISM.

1. On 1st August 16 National Savings Center has reduced its rates to its lowest level of history many of the Investor looking for new doors of oppotunities.
2. Karachi Investor is also looking into the development Infra Structure in Lahore.
I am not an Analysist but "In shaa ALLAH" very soon looking into a Good boom in PRISM & Raiwind side Societies near to LRR. Just fasten your seat belts for one year & see the result when LRR is operative in August 17.
I hope many friends here want to Challange my statement but my recomemdations no effect due to this FBR rates on properties in near Future.
But Try you level best to think hard before making any Property or Investment decission.

Surfer.

umerjee replied on Monday, August 15, 2016 01:24 PM PST 

I think mkt was bit overpriced before new texes. mkt is in stabilizing phase now.hopefully upward journey will start in next three months.INSHALLH

Asif Sardar replied on Monday, August 15, 2016 02:31 PM PST 

Is it 70th Independence day or 69th?

LOYAL PAKISTANI replied on Monday, August 15, 2016 03:51 PM PST 

.
.

MR. ASIF SARDAR, PAKISTAN CAME INTO BEING IN 1947 SO WHEN YOU INCLUDE YEAR 1947 THEN IT IS 70th.

CORRECTION IS WELCOME.
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(75778)
Monday, August 15, 2016 01:40 AM PST 

Test
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(75776)
Sunday, August 14, 2016 11:56 PM PST 

A.o.A, LRE
Mujy information chaiaye plot buy sell pr taxes details or kya kisi plot ko buy sell krny k liye NOC excise tax office lyni hogi.
Kya taxes ke details ka notification ah gaya hai
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(75773)
Sunday, August 14, 2016 11:34 PM PST 

Aoa.is it possible to get 10 marla plot in proper phase 8 in 10 million.
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(75772)
Sunday, August 14, 2016 11:19 PM PST 

Aoa.is it possible to get a 10 marla plot in dha phase 8 proper in 10 million.when will phase 8 get possession
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(75771)
Sunday, August 14, 2016 09:18 PM PST 
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(75770)
Sunday, August 14, 2016 09:04 PM PST 

DEAR LRE,
AOA
Reference Q # .Still no reply from your office.
This means that no such experience person in your office.
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(75769)
Sunday, August 14, 2016 08:39 PM PST 
Location of Newly Balloted Blocks in Sector F Bahria, Lahore

Dear UPN Team,

Why the location and Map of the Tariq Bin Ziyad and Aziz bhatti blocks in Sector F is still not announced by the Bahria Town, when these will be announced.

Is there any development in Sector F going on currently or no development at all.

Please Comment and give us latest news on setor F Bahria town Lahore.
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(75768)
Sunday, August 14, 2016 08:39 PM PST 

AsSalam-O-Alaikum

Happy independence day.

Please evaluate Plot J-1438 Phase 9 Prism. 2 (paid)Thanks

JAWAD AHMAD replied on Monday, August 15, 2016 01:53 PM PST 

Dear Sir,

Current price near J 1438 is around 36 to 37 lacs ( 2 paid ).




Jawad Ahmad
+
Lahore Real Estate
Email:INFO@LREPK
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(75767)
Sunday, August 14, 2016 07:39 PM PST 

Experts is it right time to sell central park g block possession plot?

HassanHC® replied on Sunday, August 14, 2016 09:21 PM PST 

Central Park is getting good gains.
Societies near ring road should be kept for minimum one year for max gains.

Current expectation minimum 30% gains from start or RING ROAD work inshallah.

Lot of ppl sitting on cash just waiting for official start of work and to see progress on ground before they will jump in.

Abid replied on Sunday, August 14, 2016 10:16 PM PST 

officially work started on Lahore Ring Road southern loop today......CM Punjab inaugurated LRR work at Raiwind Road lahore

Investor new replied on Sunday, August 14, 2016 11:10 PM PST 

Experts please tell me what is per marla price in g block possession plot?

G block replied on Sunday, August 14, 2016 11:47 PM PST 

It around 5 lacs per marla to 5.5 for any good plot in G block in posession area (10 Marla). Some plots are much cheaper around village and non posession area.

Investor new replied on Monday, August 15, 2016 12:01 AM PST 

Experts please advice what if I sell my plot and enter to prism my plot size is 16.5 g block possession area with excess land paid already is it OK or should still wait for ring road

Haroon_16® replied on Monday, August 15, 2016 01:40 AM PST 

Central Park is as good a society as any other. If I were you, I would never make the blunder of selling it right here.

I would either wait, or even if sell, go for Orchard. Prism will take years to develop.

umerjee replied on Monday, August 15, 2016 03:33 AM PST 

Today i was in central park just to vist as i have some investment there.dear construction activity is at its paek.more than 100 houses are under construction.mostly in g block.my personal view is that 10 marla plot will be worth 8 million in two years time which is now almost 5 million.so keep ur investment and save the huge cost of switching.

Investor new replied on Monday, August 15, 2016 04:10 AM PST 

@umerjee

what is worth of my plot size is 16.5 marla g block possession area with excess land paid already
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(75766)
Sunday, August 14, 2016 07:32 PM PST 
RATES are falling down

buyer is absent from market , sellers everywhere , market will crash soon till how long people keep on holding plots for gain dream , once some one with out holding power sell it in corrected rate trend of price cutting will start . in 2005 mush era was not bad and punjab lahore was moving good but prices not

Kureshi® replied on Sunday, August 14, 2016 07:37 PM PST 

Just curious , What is the intent of this post. Information ? Caution ? Warning ? Good news ? Bad news ? Creating panic ? Hamdardi ?

Real Estate is best replied on Sunday, August 14, 2016 07:38 PM PST 

Allah Malik o Razik hai☺

Pakistan® replied on Sunday, August 14, 2016 07:38 PM PST 

Let him say

why sharing truth is creating panic ?

AhmetKildir® replied on Sunday, August 14, 2016 07:55 PM PST 

Someone dreaming for a bargain.

Chaudhary® replied on Sunday, August 14, 2016 08:01 PM PST 

Mr.User-6006 grapes are always sore for u dear, my poor user

Kureshi® replied on Sunday, August 14, 2016 08:08 PM PST 

Who am I to stop anyone from commenting but I have the right to share my curiosity, sir.

Real Estate is best replied on Sunday, August 14, 2016 08:13 PM PST 

@6O06 people cannot stop/restrict buying property just because govt has imposed some insane taxes on it. Lots of mega development going on all around lahore. Wishing that
prices will crash shows that you don't have any stake in real estate and desparetely want to have something

User_19995® replied on Sunday, August 14, 2016 08:22 PM PST 

yes i agree with all of you here. I think he seems to be living in dream world. See the
prices in diff schemes are increasing on daily basis even after this all taxes thing.

He is saying market is crashing if no buyer is there how the increase can be seen.

KK® replied on Sunday, August 14, 2016 08:37 PM PST 

actual rates in market increasing day by day , no negative impact at all,, i am a buyer but not able to find plot in y bydget

KK® replied on Sunday, August 14, 2016 08:37 PM PST 

actual rates in market increasing day by day , no negative impact at all,, i am a buyer but not able to find plot in my bydget

Z.F replied on Sunday, August 14, 2016 09:32 PM PST 

Market may trade kum zaroor ho rai hai lakin
prices stable hai aor kum honay ka koi chance nai hai Sir.

User_9629® replied on Sunday, August 14, 2016 10:31 PM PST 

I know one thing i want to sale my goid
location plots each 5 marlas in prism 9
Everyone gives very charming estimates
But couldn't get a single offer less or more for last 25 days.
One thing for sure market has no buyers.

tallat replied on Sunday, August 14, 2016 11:12 PM PST 

Like it or not its a reality market is not the same as it was a few months ago, every thing is on a hold

Muhammad asad replied on Monday, August 15, 2016 12:31 AM PST 

The market is down side no byer in market after taxes. The winner will be those who understand and sale properties in further Slump.

AHMAD HASSAN® replied on Monday, August 15, 2016 01:18 AM PST 

1. Necessity never made a bad bargain. Buyers are in market but less than before,
prices are not going down also. Investors are more afraid from FBR than taxes. If someone can get data, he will find more transactions/queries for less than 4m values plots.

AHMAD HASSAN® replied on Monday, August 15, 2016 01:35 AM PST 

I used term ذخیرہ اندوز specially for those who are holding
files/plots in 100s. Buying land for agri to build & sell himes commercial space is ok. Please don't become against me. It is just a thought. I could be mistaken. It is debateable.

LOYAL PAKISTANI replied on Monday, August 15, 2016 02:03 AM PST 

Mr. Ahmad Hassan, you are really brave and have valour in your words. We should be optimistic and He, Allah Pak will save us from bad luck.

Aldwin® replied on Monday, August 15, 2016 02:09 AM PST 

Ahmad Hassan
This site is mostly visited by investors who want to see their investments grow. I am one small investor myself. But I agree with your point 100%. Since investors started putting money into real estate in 2003, it has become more and more difficult for middle class salaried Pakistanis to build one home for themselves upon retirement. I would personally like to see that era return where educated people can think of building a home for themselves. But unfortunately, real estate is now a money making business for lots of people including overseas Pakistanis and who can blame them. Such high returns where money is doubled within a year without any effort or insecurity, is too much of a temptation to resist.
However, for those who visit this site, please show some empathy (in theory) for those brethren who cannot afford such high
prices real estate. There is nothing wrong if market slows down or prices come down a little !! If anyone suggests this, why does he suddenly becomes an enemy who has nefarious designs against humanity, at least that's the impression left by several comments. I see so many people pumping the market here day and night, which they think serves their investment purpose. So be it. Let others also voice their opinion. Difference of opinion is a sign of healthy society. No one can take your profit (rizq) away from you no matter what comment he leaves here. Please don't kill me over my comments...peace.

Kureshi® replied on Monday, August 15, 2016 02:33 AM PST 

Just as food is a necessity as well as a halal business , real eatate is also a necessity as well as a halal business. Without investors there will be no developers and without devwlopers , there will be no housing societies. Dearth of houaing societies will lead to higher rates. So please stop making investment in property a sinful business.

My 2 cents. Apologies in advance if I offend someone feeling.

User_9325® replied on Monday, August 15, 2016 02:46 AM PST 

real estate trading is halal. zakheera andozi which yu are refering to is only forbidden in eatables. go and consult a religious scholar before declaring thousands of investors as sinners. please dont pass judgements. yu can find many fatwas regarding this online also. if yu are not satisfied with this business then stop doing this, why do yu declare all of us sinners?

AHMAD HASSAN® replied on Monday, August 15, 2016 02:56 AM PST 

The Prophet (peace and blessings of Allaah be upon him) said: “Do not artificially inflate
prices.” (Reported by al-Bukhaari, see Fath al-Baari, 10/484).

I didn't say that property business is sin or all are doing sin. But any act of price esclation either food or trade is not permitted. It gives benefits to few but harmful for majority. Now same applied in society or residential plots business or no. This is debateable. And what societies & investors are doing for price esclation. We all know.

User_6006® replied on Monday, August 15, 2016 04:01 AM PST 

I found people saying sin sin are more sinners , beard is sunnat every mulla can teach u but what are real sunnah doing good with others,not revenging even u can, speaking truth, taking care of neigbor , informing others , spreading education etc I told truth , allegators can put allegations some may be true yes I m desperate to buy , who is not desperate over here

but I told truth may be its lame or not fulfilling your interest , but use common sense may be may be societies near ring road survive it but
prices will drop for sure as I am seeing people started investing in other thing and govt policy is against property market . Few buyer vs seller , what it have to do with govt investment in lhr when trade wont happen often like past .

User_6006® replied on Monday, August 15, 2016 04:01 AM PST 

I found people saying sin sin are more sinners , beard is sunnat every mulla can teach u but what are real sunnah doing good with others,not revenging even u can, speaking truth, taking care of neigbor , informing others , spreading education etc I told truth , allegators can put allegations some may be true yes I m desperate to buy , who is not desperate over here

but I told truth may be its lame or not fulfilling your interest , but use common sense may be may be societies near ring road survive it but
prices will drop for sure as I am seeing people started investing in other thing and govt policy is against property market . Few buyer vs seller , what it have to do with govt investment in lhr when trade wont happen often like past .

User_9325® replied on Monday, August 15, 2016 04:04 AM PST 

this is a new fatwa. however , I strongly believe that real estate investment is a totally halal business and the hadith yu quoted is specifically meant for eatables. I am yet to find a credible scholar giving any fatwa against real estate investment. Infact moulana tariq jameel sb himself invests a lot in lands. thereby I strongly dis agree but since yu have doubts , so yu should stop investment in real estate, simple. but i am sorry im not convinced with this nerrative of yurs

Kureshi® replied on Monday, August 15, 2016 04:04 AM PST 

Then why keep coming back to a forum which is which is meant for discussing and strategizing this "sin" as a registered sinner :)

Ahmed bhai , this does not change my respect for you as an expert and a brother.

AHMAD HASSAN® replied on Monday, August 15, 2016 11:53 AM PST 

1. I don't ve authority to judge or apply any FATWA. I also didn't say that buying or selling land or doing real estate business is sin. Please don't interpret things other way.  One can buy land, develop society and sell with جائز منافع.

User_9325® replied on Monday, August 15, 2016 01:43 PM PST 

then please sell all yur holdings to me in half price. as property
prices escalated a lot in last one year and yu believe it to be najaiz profit so plz sell yur holdings at january 2015 prices. im the buyer. we can deal thru lre. regards

talal replied on Monday, August 15, 2016 02:01 PM PST 

Ahmad Hassan is right hoarding of every thing is bad, as it gives rise to unjustified
prices, every one knows how big fish play in real estate market ,so guys get off his back plz

MFA® replied on Monday, August 15, 2016 02:18 PM PST 

We as a Paksitani nation need to learn a lot on sharing ideas, discussion and difference of opinion.

Real Estate is best replied on Monday, August 15, 2016 02:36 PM PST 

All who are advocating that hoarding is bad and engaging people in the debate of halal n haram, they are just not aware of basic economics principles, we are dealing in paper curreny which has no intrinsic value, in olden times there were dinnars/coins which had intrinsic value and there was no concept of devaluation of money. but now there is a big threat of devaluation of paper currency which has extrinsic value so to protect our money agaist devaluation buying property is best solution so that the increae in price of property hedge against devaluation

User_9325® replied on Monday, August 15, 2016 03:03 PM PST 

and those who are advocating against hoarding of plots, I am hundred percent sure are themselves property investors/ hoarders thats why they land on this page frequently otherwise a person who is against property investment , will never ever visit this page

tallat replied on Monday, August 15, 2016 09:25 PM PST 

Real estate is best people are investing these days in foreign currencies. Its paper too?

User_9629® replied on Monday, August 15, 2016 09:42 PM PST 

Escalated and inflated property
prices are 20 % real money (remittances)
Rest its inflation which govt want to get rid off
Playing with property and files with ways used by hoarders is condemnable.
It has made life difficult for common man.
A top govt employee of 21 grade can't even afford 5 marla house, and u people say its not hoarding
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(75764)
Sunday, August 14, 2016 03:46 PM PST 
LRR Map


Query replied on Sunday, August 14, 2016 03:53 PM PST 

It means Ring Road will not cut Bahria? Then, Why LRR started demolishing inside Bahria?

Nabeel® replied on Sunday, August 14, 2016 03:53 PM PST 

Project ends at Raiwind road.Really, so what about the bulldozers at Bahria?

What happened to SL3? Or that is planned under the radar? :-)

Laiq Ur Rehman® replied on Sunday, August 14, 2016 04:32 PM PST 

That's the end point of SL2. SL3 will start from raiwind Rd to Multan. Read the wording under black line. It says SL2.

Laiq Ur Rehman® replied on Sunday, August 14, 2016 04:32 PM PST 

Sorry raiwind Rd to Multan Rd.

Waseem® replied on Sunday, August 14, 2016 06:04 PM PST 

1 year time is for SL-1 & SL-2. SL-3 is to be decided later.

Ahmer replied on Sunday, August 14, 2016 07:57 PM PST 

Where is this board located?

Abid replied on Sunday, August 14, 2016 10:13 PM PST 

officially work started on Lahore Ring Road southern loop today......CM Punjab inaugurated LRR work at Raiwind Road lahore

ahmed replied on Monday, August 15, 2016 09:05 PM PST 

mujhay samajh nahi ati k log kio itna ro rahay ha LRR ko what hell it has given to the State life and other socities on the northern side , plot on the northern side is still low than the southern side of ring road , in state life 5 marla plot price is around 4 - 5 million , which is even low than the bahria orchard good
location plots , so why peoples are day dreaming regarding leaps and bounds of price , please stop making fool from these things ,
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