Lahore Real Estate Forum

Monday, August 10, 2026 04:04 AM
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(75108)
Monday, July 18, 2016 07:43 PM PST 

Is there really a meeting today with real estate sector? any update on outcome?

ShahzadQamar® replied on Monday, July 18, 2016 07:45 PM PST 

I think it is just a false hope rolled by Dar to keep the sector calm for a short period,,,he will not make any withdrawls to his decision of taxation.

Ejaz_EJ® replied on Monday, July 18, 2016 08:00 PM PST 

Dear Shahzad
please don't spread ghost news, meeting was at 3PM and wait for the outcome and FYI all the parties are serious to resolve the matter at a win-win situation.

Habib replied on Monday, July 18, 2016 08:38 PM PST 

Dar have nothing to do here, Slow down in real estate sector was expected and there were clear signs about that These Taxes have actually put oil on already burning fuel.
Even if Dar will say every thing comes Back to usual the Momentum have been broken. The Sale Purchase will stop to very low Level the Demand
prices will remain higher Many Months even Up to year, Only desperate sellers will sell. After 6 months if situation will remain like this then fall of prices will be there and market will enter in Slump period.
In 2005 there were no new Taxes and same thing happened Prices stopped Growing in early 2005 and Bottomed in 2008 to 2009.
Each times Boom and Slump comes we give many intelligent reasons to blame this and that but it is hallmark of all business no matter Gold, Oil stock etc.
That is why CMY said many estates will close Quick gains are unhealthy and in Slow upward moving markets every one enjoys.
I feel sorry for Those who purchased inflated properties in Hype in spite of warnings to seasoned analysts.
Investors will find way to exit

ShahzadQamar® replied on Monday, July 18, 2016 08:38 PM PST 

Ejaz bhai i wish the same as you said. I am also among those who want to see Win.Win. I was sharing only the historical outcome of Dar decisions. a dark example is WHT

User_6006® replied on Monday, July 18, 2016 09:02 PM PST 

this is why cmy said na koi property brhte he rahy ge na koi giri he rahy gi , meant every season come monsoon over it's time for autumn , taxes will add insult to injury and in long run very beneficial . but as few said in 2020 lahore property will be rock high and all big cities after this slump will gain as deserve , in 2020 punjab govt will spend billions on lahore . but slump is slump

ayla replied on Monday, July 18, 2016 09:21 PM PST 

Nab has cleared daar chor in spite of his confession about money laundering, nothing good expected from Nora gang ,awam have to suffer

SaeedUSA® replied on Monday, July 18, 2016 09:37 PM PST 

Mr habib is right. And if you look at the interest rate in 2005 and it's almost same level as today so it's the time. When every body's start buying
files and plots, there is always crash and I talk to some web designer in Pakistan and every body was buying files and they said they made more money than their own profession. I sold my plot 4 months ago and sitting on cash...repeat of 2005.

Khalid Azad® replied on Monday, July 18, 2016 09:38 PM PST 

Habib sb I agreed with you that property Slump are already started. Now previous high
prices will not come in near future.
I already worm this but some of my friends feel not good my words, So I stop warning.
This is same Slump as 2005 period. Big players already gain and execute and now we will wait till next move that is nearly after 2020.

NT replied on Monday, July 18, 2016 10:23 PM PST 

There is no alternative of property for Pakistani in short & medium term. Today not only interest rate on PKR is historically low but future expectations are also downward. At the end of 2005 USD was earning more than 4% interest rate today it's almost 0%. Pakistan economy reletively growing at very healthy rate and for incremental money there seems no other option but only property.

Aseem replied on Monday, July 18, 2016 10:53 PM PST 

A committee has been formed in the meeting of FBR and Builders Association....it would start meetings after 2 days to finalize proposals in consulation with all stke holders...expats specially please stop all remittances to Pakistan i.e. govt can be brought under pressure....

User_9325® replied on Monday, July 18, 2016 11:06 PM PST 

people who are waiting for a crash will keep hoping and lahore properties will only go up and up. this time the growth is infrastructure driven and billions are being injected into development this fiscal year also. correction if happened will be max 10 to 20 percent. we will all be here after six months and will see what will happen

Khan replied on Monday, July 18, 2016 11:55 PM PST 

Amazing to read that the
prices will go up and up! How high they can go? how many people can afford? Please try to understand the economics! Prices can as high as people can afford. I can give you my own example. I have been living in USA over thirty years. I can tell frankly I am having a hard time buy a plot or house in Pakistan. Seriously thinking about selling everything in Pakistan staying in USA. Because USA is stilling affordable than Pakistan.
Regards

Real Estate is best replied on Tuesday, July 19, 2016 12:20 AM PST 

all the best khan. hurry up leave pakistan ki jaan

Real Estate Analyst replied on Tuesday, July 19, 2016 01:47 AM PST 

its like 2005 situation . but I think this time crash will be worst then 2005 . no result of todays meeting at all . 2005 Mey bhi dealers yeh hi kehety they jo ajj kehety hey . its all over . you will see the tamasha in next one year its going to be bloodshed in real estate Market

User_9325® replied on Tuesday, July 19, 2016 02:09 AM PST 

im in dubai.. a 700 sq ft 1 bed room apartment at average locality is around 7 lac dirhims which translates to about 2 crore rupees. only 700 sq foot of below average construction without land, leased onto yur name for 99 yrs. so for me
lahore real estate is still cheap as I can buy a decent 10 marla house in this budget in posh areas. Dont know about USA. It might be cheap to buy villas there in downtowns of major cities. and Insha Allah yu will see these prices to double in coming 3 to five years.these taxes cannot stop the flow of money.

Habib replied on Tuesday, July 19, 2016 02:39 PM PST 

User 9325 There is no Comparison of Rents in UAE and Pakistan, These are serviced apartments
Also DHA offered Flats in phase 5 in 3 Cror Plus Just few Months Back, People who went for that will have to wait 10 years to reach inflation adjusted fair price

User_9325® replied on Tuesday, July 19, 2016 03:30 PM PST 

pakistan is going to witness billions of dollars of investment in CPEC and industrialization with inprovement in energy situation expected till 2018. GDP will reach 6 percent Insha Allah. we as nation prefer our own houses. when people will start making mobey, they would naturally go for making their homes and real estate demand will increase. there is already shortage of housing in pkaistan. im optimistic Insha Allah. if tthere is no polictical turmoil and elections happen smoothly, I see good future for Pakistan as well as real estate. As far as thise DHA apartments are concerned , I dont consider them a good buy as those are insanely expensive. may be high net worth people took them for whom 3 crore doesnt matter for partying and PRIVATE meetings in a secure surrounding
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(75107)
Monday, July 18, 2016 07:29 PM PST 
Plot Evaluation in Phase-8 DHA

Please evaluate the current price of my 1 Kanal Plot 1871-T.

Khadim Hussain replied on Tuesday, July 19, 2016 02:39 PM PST 

Dear Mudassir Sb,

Market value near T 1871 is around 250 to 255 lacs

Khadim Hussain
+
Lahore Real Estate
Email:INFO@LREPK.COM
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(75104)
Monday, July 18, 2016 04:47 PM PST 
plot evaluation f;498 ,1 kanal,prism

:1) dear LRE team
kindly evaluate the plot near F-495,prism phase 9.
thanx

LRE® replied on Monday, July 18, 2016 06:50 PM PST 

Dear Sir,
Current value of your plot is in the region of 112 to 115 lacs.

Salman Maqsood
Lahore Real Estate
Info@LREPK.com
+923224009967
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(75103)
Monday, July 18, 2016 04:12 PM PST 
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(75102)
Monday, July 18, 2016 03:33 PM PST 
Anyone Selling Cheap Plot in State Life Phase 2

Salam,

Anyone selling plot in State Life Phase 2 ? I am interested in buying on long term investment purpose from those who are already sick and tired oh holding them from long time with no gain so far?



Thanks
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(75101)
Monday, July 18, 2016 03:01 PM PST 

Be positive....Read Other news Papers who have no vested interests.
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(75099)
Monday, July 18, 2016 02:44 PM PST 
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(75098)
Monday, July 18, 2016 02:40 PM PST 
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(75097)
Monday, July 18, 2016 02:26 PM PST 
Property sector is under surgeon's knife

I read it this way, we have destroyed every other sector of economy but property sector survived. Now we are hell bent to destroy it. Whatever the outcome of today's negotiation is but long term property sector will be on rough ride from authorities.
So I request CMY to open office in UAE and start exploring that market. Pakistan realestate is ready to go down in the doldrums.

Kureshi® replied on Monday, July 18, 2016 02:52 PM PST 

Zahid sb,

I have noticed that there are only horror stories about property and taxes in Jang. Read other papers and you will feel better. I just read very encouraging news in Express Tribune today.

Let us be positive and hope for the best. Dont read Jang. it has some vested interest in this matter. I will try to upload Express news article.

User_16330® replied on Monday, July 18, 2016 03:26 PM PST 

It seems that the Top guys in government, opposition, some Media groups & Bureaucracy are more interested to boost UAE Property due to their high stake in their market. If Pakistani property continue to thrive, there are fair chances in near future that investment will be more in Pakistan than UAE and they will do anything to discourage it.

Khurram11® replied on Monday, July 18, 2016 04:09 PM PST 

Very well said. That's actually their expertise - destroying every sector every time they come to power and leaving the economy to the brink of bankruptcy.

However, they may survive this time and people won't move out money from Pakistan so fast (as they did in 1998 last time when the brothers were around). This is because the property markets in UAE and other places are in very bad shape already and it's not advisable to move out and invest money anywhere else than Pakistan.

Waqas Dubai replied on Monday, July 18, 2016 04:18 PM PST 

Inshallah they will be packed soon with their third class policies.

Waqas Dubai replied on Monday, July 18, 2016 04:20 PM PST 

Inshallah they will be packed soon with their third class policies.

Ashfaq® replied on Monday, July 18, 2016 05:21 PM PST 

Everyone can imagine about their mental capabilities. Our government and SBP also want to destroy real estate sector which is the only successful sector remains in Pakistan.

Dildawar replied on Monday, July 18, 2016 08:01 PM PST 

Yes, these two brothers are not doing good to tax evaders.

AHMAD HASSAN® replied on Monday, July 18, 2016 08:09 PM PST 

No one can stop
prices to come down from 20 to 25%.

Ejaz_EJ® replied on Monday, July 18, 2016 08:55 PM PST 

i think Lahore market was inflated higher than other cities, so correction in Lahore market will be more than other cities, like Multan, Bahawalpur, Gujranwala or Islamabad.

stake holder replied on Monday, July 18, 2016 09:44 PM PST 

Ahmad Hassan, ap k mou may khaak, our hard savings are at stake tunu apnay tabsray di pai ay

Muhammad Asif® replied on Monday, July 18, 2016 09:45 PM PST 

Agree with Ahmad Hassan sb...
It is just a beginning.

Kureshi® replied on Monday, July 18, 2016 10:54 PM PST 

Jazbati qaum... bhai thora instizar farmaiye...nothing is going down.

Khan replied on Monday, July 18, 2016 11:57 PM PST 

Dear M. Zahid shabi,

Every other sector was destroy because of realestate market. People too their money out of every sector and pour into realestate.

Khan replied on Monday, July 18, 2016 11:57 PM PST 

Dear M. Zahid shabi,

Every other sector was destroy because of realestate market. People too their money out of every sector and pour into realestate.
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(75096)
Monday, July 18, 2016 01:30 PM PST 
Plot evaluation Dha prism B block near 857

LRE Team
Please evaluate my plot of one kanal Dha prism block B near plot # 857.
Thanks n regards

Ch Saeed replied on Monday, July 18, 2016 01:49 PM PST 

Dear Zamurad Sb,

Prism near B 857 is around 115 lacs ( 2 paid )


CH SAEED
+923224333661
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
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(75091)
Sunday, July 17, 2016 03:54 PM PST 
413

Please evaluate the price of 10M plot in Bahria Town Lahore

Plot 413
Sector C
Overseas B

:h
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(75090)
Sunday, July 17, 2016 07:59 AM PST 
Answer to WhatsApp group

[7/16, 6:47 PM] +......... 977: What's the future for Real Estate market in Next 6 Months? Is Newly imposed Sales Tax on Property going to have any affect for Investors? Feedback and inputs requested.Thanks.
Imran Igra
[7/16, 6:57 PM] Choudry Mujahid Yasin USA: If recently announced taxes stay In next 2 3 months Lahore market will go down 10 to 15% only and will still have solid 100% gains in 3 Years hold. But if proposed amnesty scheme accepted by all sides Lahore market will see massive gains a big jump right away.

Mrs Imran replied on Sunday, July 17, 2016 08:18 AM PST 

Hope u r feeling better @ CMY! Ap mujhy bata sakty hai k kitna time lagta hai plot sell karny mai? Transfer and transaction k saat? 1, 2,3 months or more or less, I cannot join yr what's app grup, but I am on this forum, so please if u ans my question, it will b very kind of u.

HassanHC® replied on Sunday, July 17, 2016 11:15 AM PST 

Yes I also think the same. Let's hope inshallah on Monday we get positive outcome.

Surfer® replied on Sunday, July 17, 2016 05:06 PM PST 

My opinion is also the same.
"In shaa ALLAH" hopefully in next few weeks massive gains ahead.

Zeeq® replied on Sunday, July 17, 2016 05:24 PM PST 

May I dare to say otherwise.... If political parties with help of establishment starts an uprising as they are planning in London then whole things gonna be slow down for some time even if they remove taxes completely.

So there are multiple factors involve .

Bilal replied on Sunday, July 17, 2016 05:46 PM PST 

CMY Brother I pray for ur health
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(75089)
Sunday, July 17, 2016 05:47 AM PST 
Posted in all LRE WhatsApp Groups by me earlier today

Sir transfer fee you pay is a tax. Development charges you pay is a form of tax(Parks mosques main road hospitals and schools are built from taxes but we pay from own pockets in DHA or Bahria town etc) . CVT + Stamp duty + WHT + Advance Income Tax + empty plot tax. Now ill planned capital gain tax. *Tax Leena hey key jaan leni hey :) *


Yes there should be tax on gains but it should be imposed on gains only after deduction on all losses and expenses and must be imposed in a proper manner in steps with consultation of all stake holders. Not hidden in finance bill three days before budget approval.

Choudry Mujahid Yasin (CMY)
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Rana_Australia® replied on Sunday, July 17, 2016 11:35 AM PST 

@Hamid why u support unnecessary taxes . I think you like banana .

New replied on Sunday, July 17, 2016 12:19 PM PST 

Well said rana sahib

Not registered yet replied on Sunday, July 17, 2016 01:03 PM PST 

@ hamid because everyone knows about the credibility of the govt that even if pay taxes what will happen people will get nothing except inflation.

And the taxes we have to pay are the result of the loans govt already taken for their levish lives.

Above all the mechanism is not correct at all people are suffering.

One of my friend bought a shop worth 1 million now fbr evaluating it @ 4 million so these are mindless people with no sense how to implement the things ina correct way

User_19995® replied on Sunday, July 17, 2016 08:32 PM PST 

@ Zeeq

Most of the people investing are from overseas as they dont have options to do any other business. I know people who went to pak with big chunks of money to set industry like sugar but big mafias didnt allow them or asking money or shares in return so you need to improve your system.

Already many sectors are suffering as industry being shifted to other countries why ?

Tax on property is already there but this is mindless way without any thinking just read the articles of economist or other CA firms on this.

Now you put tax on contruction, buying, empty plot,cement.

How poor person who wants his own home can do that

N S Mughal® replied on Monday, July 18, 2016 01:37 AM PST 

N S Mughal
I think there are some intruders from Madam Maryam Nawaz media cell who are supporting tax system. Beware of them. Taxes are paid to facilitate the public. Instead they facilitate themselves and their kids.

LOYAL PAKISTANI replied on Monday, July 18, 2016 02:04 AM PST 

Mr. Zeeq well said. People pay tax and getting benefits in Pakistan. Those who submit return are little comfortable. We should crisize but also appreciate positive points like how quickly govt. Managed to cater Pakistanis in Turkey through PIA. We are getting petrol at lowest in the Asia.

But govt. Should make system transparent n clear. Education n health should be the top most priority.

I'm looking bright Pakistan's future. People are not important but Pakistan should going on peaceful n prosper.

LOYAL PAKISTANI replied on Monday, July 18, 2016 02:05 AM PST 

.
Mr. Zeeq well said. People pay tax and getting benefits in Pakistan. Those who submit return are little comfortable. We should crisize but also appreciate positive points like how quickly govt. Managed to cater Pakistanis in Turkey through PIA. We are getting petrol at lowest in the Asia.

But govt. Should make system transparent n clear. Education n health should be the top most priority.

I'm looking bright Pakistan's future. People are not important but Pakistan should going on peaceful n prosper.
.

Z.F replied on Monday, July 18, 2016 02:21 AM PST 

Tax lagna to chayeh zaroor per itna nai jitna laga diya hai ... 2nd step by step lagna chayeh tha as they did in stock exchange ...

Point to ponder replied on Monday, July 18, 2016 02:48 AM PST 

People refer every thing to religion, they interpret interest as sood and say it's haram, but earning overnight in Satta in property business is completely halal. This tax was good to keep a check on
prices from going berserk. Price hike like these completely destroy the end user who wants to build his house. I might be a beneficiary of this hike but deep inside I feel like my earnings do not reflect my effort to I had put in make it. I hope Allah guide us all on the right path.

Hamid replied on Monday, July 18, 2016 05:43 AM PST 

This is how it make it difficult for poors. If real estate is expensive then cost of doing business goes up. This results in increase in
prices of everything. Rich don't pay taxes on income then government end up imposing Taxes on everything at flat rate regardless of your income. This hurts look income people.
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