Lahore Real Estate Forum: Property News & Community Talk : Discussion Property News & Community Talk

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(74926)

Faisal

Tuesday, July 5, 2016 07:54 PM PST

Reply:

Awami Villa File

Kindly evaluate awami villas lahore file - File number AWL-00532.

Also, please let me know when the next allotment will made and flats will be given to remaining members?

regards,
Faisal

(74925)

Tuesday, July 5, 2016 06:47 PM PST

Reply:

Price Estimation

Dear Lahore Real Estate Team,

I would appreciate if you could estimate price of Phase 9 plot K 2331 of 5 Marla.

Thanks and kind regards

AsimIrfan replied on Monday, July 11, 2016 02:25 PM PST

Dear Sir,

prism near K 2331 is valued around 33 to 34 lacs ( 2 paid )

ASIM IRFAN
+923224003475
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM

(74924)

Tuesday, July 5, 2016 06:42 PM PST

Reply:

Happy Eid

Eid Mubarak to all the forum friends.

Thanks and kind regards

(74923)

ALI

Tuesday, July 5, 2016 06:34 PM PST

Reply:

Plz give market value of following prism plots

J 1047
J 2253
R 2779
R 924

thanks

Asim Irfan replied on Tuesday, July 5, 2016 06:47 PM PST

Dear Ali Sb,

Prism near J 1047 can be sold around 68 to 70 lacs 2 paid

Prism near J 2253 can be sold around 65 lacs 2 paid

Prism near R 2779 can be sold around 70 to 72 lacs 2 paid

Prism near R 924 can be sold around 37 to 38 lacs

Asim Irfan
+923224003475
Lahore Real Estate
Email:INFO@LREPK.COM

(74922)

Phase8

Tuesday, July 5, 2016 06:10 PM PST

Reply:

Price Evaluation Please Mian Rashid Sb

Mian Rashid Sb Please evaluate.

Thanks

Phase8 replied on Tuesday, July 5, 2016 06:12 PM PST

Phase 8
Block V/ Nr 436 corner/facing park

Mian Rashid sb pls evaluate.
Thanks

LRE� replied on Tuesday, July 5, 2016 06:26 PM PST

Dear Sir,

Phase 8 near V 436 is valued around 225 to 230 lacs

Mian Rashid
+923028409967
Lahore Real Estate
Email:INFO@LREPK.COM

(74921)

Mubashir

Tuesday, July 5, 2016 05:45 PM PST

Reply:

LRE Please evaluate the mentioned plots Q 512 and K 277

Thanks

Asim Irfan replied on Tuesday, July 5, 2016 06:39 PM PST

Dear Mubashir Sb,

Prism near K 277 is around 63 to 65 lacs with 2 paid

Asim Irfan
+923224003475
Lahore Real Estate
Email:INFO@LREPK.COM

LRE� replied on Tuesday, July 5, 2016 06:42 PM PST

Dear Mubashir Sb,

your plot near Q 512 can be sold around 85 lacs

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

iftikhar replied on Tuesday, July 5, 2016 07:26 PM PST

Dear Mubashir,

Please confirm if K-277 is your plot. As this is my friend plot he has given me to sale it out. he is in KSA.

Thanks and regards

(74920)

Aslam

Tuesday, July 5, 2016 05:42 PM PST

Reply:

LRE Please evaluate 5marla 2830 J prism?

Asim Irfan replied on Tuesday, July 5, 2016 06:37 PM PST

Dear Aslam Sb,

Prism near J 2830 can be sold around 35 to 36 lacs

Asim Irfan
+923224003475
Lahore Real Estate
Email:INFO@LREPK.COM

(74919)

Kureshi�

Tuesday, July 5, 2016 04:41 PM PST

Reply:

Dear CMY and LRE experts, it is nice to see discussions other than tax but still we need to hear from you the progress on this issue as your views are most authentic.

Is it true that it is is business as usual till 31-July.

Lots of pamphlets are being spread. Some for personal advertisement and some might be true. Please shed some light on this issue because once the mind is clear , one can make decision of sale and purchase freely. :h

AHMAD HASSAN� replied on Tuesday, July 5, 2016 07:20 PM PST

From CMY audio, This is very much clear that If one buy a plot in 100 & sell in 110, he will paying 10% on 10 lac profit only.� But if he won't show actual selling price then ones white money will become black money automatically. No one wants to do this. But this will also reveal other end buying cost. This is the main purpose of this excercise. Now FBR will ask to buyer source of money. Actually FBR doesn't want to kill real estate industry, they are only behind black money makers. That will effect market

Jameel Mughal� replied on Wednesday, July 6, 2016 12:46 AM PST

All orders are usually from 1st July, unless there is some notification by Government

(74918)

CMY

Tuesday, July 5, 2016 04:27 PM PST

Reply:

Congratulations and Eid Mubarak to you and everyone in your families in Australia

replied on Tuesday, July 5, 2016 04:30 PM PST

Eid Mubarak to all

(74917)

User_19581�

Tuesday, July 5, 2016 03:41 PM PST

Reply:

test

(74916)

Rana_Australia�

Tuesday, July 5, 2016 02:53 PM PST

Reply:

Very Sad for Blasts in K.S.A

Aoa ..May Allah shower blessings on Muslims . I strongly condemn these attacks in Saudi Arabia and these attackers cannot be Muslims

On Property discussion w.r.t DHA Multan , it would not be launched soon because DHA is trying its level best to promote DHA Bwp . I personally heard from a very senior official in DHA Lahore that DHA would have been far better if they had launched DHA in Dera Ghazi Khan or Sargodha instead of Bahawalpur . Moreover , officers from 96th LC onwards till 102nd LC are to be allocated plots now in DHA . None of the officers I know are interested in Multan or Bwp or even Guj . Its just hype . Note my words and todays date and see 6 months from now on . Multan will maximum touch 46 and Bwp with all DHA backup and artificial hype will go 38 max .
Regards & Eid Mubarak in Advance

Rana_Australia� replied on Tuesday, July 5, 2016 03:31 PM PST

Brother Arif M : DHA Multan and DHA Bwp are just 60 km apart . There was technically no need of a DHA so near to Multan . Yes Multan is good but if Multan is launched then Bwp sinks ..This is what DHA does not want . In current context of new DHAs , DHA Peshawar is the only DHA that will rise appreciably . Please check with army officers DHA Peshawar is miles ahead of Multan , Bwp and Guj . . Yes the 2nd best option is Multan .

Regards

Umer_Shafiq replied on Tuesday, July 5, 2016 04:05 PM PST

Like always Rana saab promoting DHA Peshawar since he has invested in it and spreading false news about other DHA's.FYI Army has already alloted plots to officers in DHA Bahawalpur.its not artificial hype and DHA is not backing up anything.Its just that first time ever any DHA has opened its transfer offices in other cities thats the reason of rapid price gain in Bahawalpur. Uptill now only Lahore office is opened. Karachi and Islamabad offices opening soon.People are not selling their files. They r mostly short.Its simple either buy a 5 marla plot for 35+ In Lahore or get a kanal plot in DHA Bahawalpur. Price is already rising in DHA Bahawalpur at a steady pace and as soon as the Karachi and Islamabad offices are operational it will rise very quickly. Official price of 2 kanal plot in DHA Bahawalpur is 90 lacs. It means 1 kanal price is 45 lacs. I think Rana saab missed the train.lol.Peace.
As an overseas Pakistani i would love to invest in DHA Lahore and Multan and Bahawalpur are chapters of DHA Lahore.They have always delivered.i would not like to invest in Peshawar.BTW this site is also about Lahore real estate not Peshawar.

manan replied on Tuesday, July 5, 2016 05:46 PM PST

Official website of dha multan already showing 46

manan replied on Tuesday, July 5, 2016 05:48 PM PST

Correction 45lac

BK replied on Tuesday, July 5, 2016 07:46 PM PST

@Rana_Australia
I am pretty sure you have never traveled from Multan to BWP - nor do you have any idea about locations of DHA MUL+BWP.
The Distance between the two is 110+ km.
DHA BWP may have come as a surprise but Multan needed an organised society strongly. Just 4 km from DHA-Multan site - one can't find 1K plots around 120 lac in Wapda town - Buch VIllas has Crossed 100 + lac in phase 1 too. An underdeveloped society of Royal Orchard is offereing 1K plots at 90+ now-a-days on remaining 2 years installments.
If at present - DHA Multan was developed it would have crossed Wapda town easily.
DHA Multan rate depends on how fast they develop it.

Rana_Australia� replied on Tuesday, July 5, 2016 09:08 PM PST

@BK you might be right .Infact I did sell 5 files of DHA Multan recently at 39 each through LRE .I also purchased through them at 32 each . Wapda Town maximum is 150 lac in Multan which is a bench mark . Check prices in Hyatabad which is bench mark for DHA Peshawar .Minimum price is 225 lacs upto 325 lacs . So which DHA is winner in long run . Just think ???

azhar replied on Tuesday, July 5, 2016 11:05 PM PST

Dha Peshawar is one of its kind beacuse its a walled community and I think the wall has started to build and security will be tighter like Askri 10 lahore,moreover, it has acquired the land and it will grow in next 2 years.

BK replied on Wednesday, July 6, 2016 03:46 AM PST

@Rana_Australia wapda town phase 1 A block is 200+ for kanal avg. Good plots are 240+
10 marla is available for 120+
There at dead ends in Multan wapda town. And it is v ill planned, DHA is definitely going to have premium

Phase 2 wapda town is 150+
Peshawar is no doubt a very good project. I am not comparing it with Multan, there's already an Own of 12-15 lac and it is going to be great.

Kb20 replied on Wednesday, July 6, 2016 06:40 PM PST

If one invest in Peshawar main question how can you sell it , if you go to Peshawar for selling after paying you money they probably will kidnap you and take to wazirostan, then you have to pay double of the amount you took as a ransom and then they will release you. Peshawar is not like open market for everyone, it is for the people who are local and know the area or local people. And I am not joking it does happened in past several times. As big gains might some one could get also the big risk for investor aswell and the risk is not just the money the risk of life is involved. Even if some one say Peshawar will go Upto 5 crore a I will still not be interested as I love my family and want to stay with them. Just a thought

Rana_Australia� replied on Saturday, July 9, 2016 10:16 AM PST

Dear @KB20 ..I respect your feelings and also have a family . Be careful and caution is necessary . But jo hona hai woh hona hai . Shahbaz Taseer was kidnapped from posh area of lahore and Gilani son from Multan . This is Pakistan !

(74915)

AHMAD HASSAN�

Tuesday, July 5, 2016 01:05 PM PST

Reply:

Another cause of market correction

:flg

User_15601� replied on Tuesday, July 5, 2016 03:33 PM PST

I think Dha Multan ll b launched after 16th July as the booking of Dha Bahawalpur is closing on that date.

HassanHC� replied on Tuesday, July 5, 2016 09:03 PM PST

This is not big concern yet as many things in England yet to unfold.
Dubai property is very slow and with CPEC already billions coming to Pak.

(74914)

manan

Tuesday, July 5, 2016 12:57 PM PST

Reply:

Naughty CMY

(74913)

manan

Tuesday, July 5, 2016 06:48 AM PST

Reply:

Dha multan official website showing 45lac rate

Ehsan� replied on Tuesday, July 5, 2016 07:06 AM PST

YES, But on LRE site, rate is not going up.

CMY replied on Tuesday, July 5, 2016 12:00 PM PST

You can buy a dozen files from LRE at 41.75 and sell those to DHA Multan at 45 lacs and have a very good Eid for family.

MALIK� replied on Tuesday, July 5, 2016 12:02 PM PST

Lolzz

CMY replied on Tuesday, July 5, 2016 01:57 PM PST

No one loves and advocated DHA Multan more than me during past one year. I too want to see its price at 45 lacs like DHA Multan that must wants this minimal price of installment files just before launching of installment files. But DHA Multan 1 kanal allocation is available in open market 40.50 Lacs and 1 kanal affidavit is available at only 41.50 lacs. Just posting higher than actual going market rates does not look good at all and actually shows desperate attempt to keep price artificially higher gor land file until installments files launch . In these days of social media a market price can't be hidden for few hours. LRE or no LRE fact is a fact. Buyer are way too smart and find out actual trade able price in minutes. This is reason we only post actual going rates. Just posting higher rate on official website wont take file rate up for ever. This practice is hurting credibility of a very best and my favorite DHA Multan team so I wanna help and request to avoid this trick in future.

My personal request to DHA Multan not to be afraid of current lower land file market price before launching. My strong request and advise to launch DHA Multan asap with out any further wait. More wait you will find lower land files rates than today even if all new affidavit are halted temporally in support of higher prices before launch of installment plots. We cant stop allocation holders from selling thier allocations in falling market. Time is now critical. If possible run ads on Eid holidays asap. Launch price should be min 62.5 lacs for 1 kanal. 38 lacs for 10 Marla. It will be guaranteed booked heavily at that price. Trust me people are waiting in 1000s to book. Keep plots numbers lower in this first phase to have good own on installment plots. In future phases you can always book higher number of plots. People will book more in larger numbers in future only if able to see own on this launch. People trust DHA name and will heavily book. In three years cash land files will be at min 80 Lac. Who won't be happy to pay for 1 kanal in installments in 3 Years time at 62.5 lacs in DHA Multan phase 1?

Also strongly suggested upto 50 land files must be bought from market at current rate of 41.50 lacs to bring an actual market rate at 45 Lacs. If I was in control 8 would immidaitly do it. 1 to 1.5 crore to support DHA Multan land file is not a bad deal. (DHA will bare average 2 lacs or less expense to bring lanf files price up before actual launch. DHA will earn many crore in installments bookings extra applications in land files are actually trading higher than today and can sell these files at profit near about 50 lacs price even before installments files ballot :)

One last request announce in ads installment plots will be transferable in Lahore Karachi Islamabad and Multan and on just due paid installments and even on booking amount in first 90 days.

Jameel Mughal� replied on Tuesday, July 5, 2016 03:37 PM PST

CMY I am not stake Holder in DHA Multan hence many may not like my honest opinion, No to release Affidavit files can be two issue either to Slow down the supply in Market as they Know Market can crash once supply is there [Unfair Tactics] And second can be difficulty in tingeing clearance at Land Dept Level, You Know DHA Multan is New, Land issues are very Litigational Family tree based [Malik So so Hisa 1/142] People were holder of Land for Hundreds of years and Land still in Name of their Forefathers, these all issues will take time to Settle.

MALIK28� replied on Tuesday, July 5, 2016 04:05 PM PST

Dear Jamil sb
Iam an apt fan of ur candid opinion on realestate issues, but just wana differ a bit.
1. DHA Multan is a reality now. Small hickups here n there wont stop the gain for which its destined. No need to repeat wat r the rates in its surrounding areas in multan.
2. Are there no legal issues inPH 7, 8 and 9??? Did the price gain stopped for these. Didnt they rise n rise very well?
Just humble submissions.

CMY replied on Tuesday, July 5, 2016 04:27 PM PST

Dha Multan have more land that is needed in phase 1. Very large land holders. Mostly Garadazi family .

Its only new team that will learn marketing dynamics with time.

BK replied on Tuesday, July 5, 2016 07:52 PM PST

I know the acquired area very well, and know many farmers personally who gave 2000+ acres of area to DHA. the boundary wall demarcation was done many months back and the wall has been started now.
the Mati-tal gate was given by Dharalas - who alone sold 10 Murabba = 250 acres to investors.

(74912)

New DC Rates

Tuesday, July 5, 2016 04:49 AM PST

Reply:

New DC Rates

New DC Rates

User_9325� replied on Tuesday, July 5, 2016 05:15 AM PST

whats new in that? has that CGT been reversed to 2 yrs holding period?

(74911)

Kureshi�

Tuesday, July 5, 2016 04:41 AM PST

Reply:

Dear LRE team and experts , is this true or some shararat ?

(74910)

ABBAS HAIDER

Tuesday, July 5, 2016 04:08 AM PST

Reply:

please tell me the price of this plot :h :h .. thankyou ..

(74909)

Ali Farhan�

Monday, July 4, 2016 10:15 PM PST

Reply:

Regarding Bahria Town

Attention : Travel Gurus

At the time of transfer why Bahria Town keeps all original documents and only give a single page "Transfer Intimation Letter" to buyer who paid lets say 5 million? How safe it is for long term investment and can we get copies of all documents from Bahria Town for our record?

Also please advise what impact would be of new Taxes on Bahria Town files? :h :h :h

Thanks

Khawaja Qasim� replied on Monday, July 4, 2016 11:05 PM PST

@Ali please clarify, you received "Transfer Intimation Letter" but after few weeks you will receive allotment letter by showing this letter and other ID proof? Is it?

(74908)

Ekrar�

Monday, July 4, 2016 06:44 PM PST

Reply:

Just a Thought

I was just thinking about the essence of CGT.

Govt shares 10% of profit, well, that 's ok.

BUT IF One sells a property on LOSS, will govt share 10% of loss as well?? ....lolz

humayun replied on Monday, July 4, 2016 07:25 PM PST

Dar should answer this question. Genuine question

Aa replied on Monday, July 4, 2016 08:16 PM PST

Actually in many tax systems one can carry forward what is known as a capital loss to future years and offset it against capital gains (and to some extent, ordinary income) for tax purposes. Which is kind of similar to what you are proposing. It may make sense for govt to introduce that here.

Ekrar� replied on Monday, July 4, 2016 08:35 PM PST

If I buy two properties X at 1 crore and Y at 1 crore.

Now in a year time, I sell X at 1.1 crore and Y at 0.9 crore, the net Capital gain for me is 0. So I should not be paying any tax in such a case...But here?

Anjum replied on Monday, July 4, 2016 08:41 PM PST

U can adjust the loss in 5 years like stock

Khawaja Qasim� replied on Monday, July 4, 2016 11:09 PM PST

@Ekrar, exactly the same question came to my mind :) the government should share loss too!
But I think Anjum has a point we can adjust this loss with other property with gains.
I think we should keep track of all withholding tax from now on means withholding tax paid on Cell phone bill (mobile companies if requested can give you the letter indicating how much withholding is deduced for a year), withholding deducted from bank transactions!
Most importantly the withholding deducted on property purchase that is a lot of money the same money can be used to adjust the CGT.

(74907)

Kureshi�

Monday, July 4, 2016 06:22 PM PST

Reply:

Nawa-e-waqt advertisement. .

Adeel Khan� replied on Monday, July 4, 2016 06:25 PM PST

WOW

FAA.awan replied on Monday, July 4, 2016 06:48 PM PST

I think our dealers and investors are showing somewhat hesitation and laziness in this regard.They should come forward to protest against jaga tax of ishaq dar.If this tax is imposed,then real estate will be a past memory.

Not registered yet replied on Monday, July 4, 2016 06:53 PM PST

Hahaha..It will only affect DHA as DC rate in other areas like WAPDA and VALENCIA all are way high and close to current market rate, it is DHA only where DC rate is 40 lacs while value is 175 lacs. it is a big joke.

Test_Passed_As_Entered_Ok� replied on Monday, July 4, 2016 06:55 PM PST

Hahaha..It will only affect DHA as DC rate in other areas like WAPDA and VALENCIA all are way high and close to current market rate, it is DHA only where DC rate is 40 lacs while value is 175 lacs. it is a big joke.

Kureshi� replied on Tuesday, July 5, 2016 04:37 PM PST

Thank you , Salman