Lahore Real Estate Forum

Tuesday, August 11, 2026 04:11 AM
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(74710)
Monday, June 27, 2016 03:02 PM PST 
Evaluate F-1311 Prism 10 Marla

Dear Asim Irfan.

Please evaluate F-1311 Prism 10 Marla...

Regards.

AsimIrfan replied on Monday, June 27, 2016 03:38 PM PST 

Dear Rizwan Sb,

Your plot near F 1311 is valued around 70 to 72 lacs


ASIM IRFAN
+923224003475
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
>
(74708)
Monday, June 27, 2016 02:34 PM PST 

Dear LRE team,

Please evaluate plot near 537A statelife housing society phase-1, thanks

LRE® replied on Monday, June 27, 2016 04:04 PM PST 

Dear Sir,

State Life Phase 1 near A 537 is worth around 115 to 120 lacs

More information
contact



CH SAEED
+923224333661
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
>
(74707)
Monday, June 27, 2016 02:03 PM PST 
>
(74706)
Monday, June 27, 2016 01:40 PM PST 

Dear @Jameel Mughal
Please put some valuable comments location of Prism L Block especially plots at 80 ft road from 601 till 618 Series. Is it best or average location and keeping for 3 years will be worth-able .Thanks

LRE® replied on Monday, June 27, 2016 01:59 PM PST 

Dear Hassan Sb,


Kindly
contact Salman Maqsood +923224009967.He give better suggestion and for you.



LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
>
(74705)
Monday, June 27, 2016 12:11 PM PST 
>
(74703)
Monday, June 27, 2016 12:01 PM PST 
>
(74701)
Monday, June 27, 2016 05:10 AM PST 

Dear LRE

Are DHA BWpur 10 marla installment available with you...if yes, let me know beak up how much is required to pay. Thanx
>
(74700)
Monday, June 27, 2016 04:21 AM PST 

Salam Alikum,

There is so much hype in DHA Multan as well as DHA Bahawalpur. My question is, why is DHA Gujranwala not in HOT Recommendation List?

Irfan replied on Monday, June 27, 2016 05:17 AM PST 

Dear LRE-Brothers

How are you all?

Please evaluate near 8c/y/6.

Regards.
>
(74698)
Monday, June 27, 2016 01:33 AM PST 
Dha phase 9 10 marla scope

Dear Jamil Mughal sab
Please throw light on phase 9 10 marla plots.
which blocks r good for house construction.

LRE® replied on Monday, June 27, 2016 02:00 PM PST 

Dear Salman Sb,

Kindly
contact Asim Irfan +923224003475.




LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
>
(74696)
Monday, June 27, 2016 12:51 AM PST 

Dear Mr. Habib, Mr. Mughal
Need honest and clear answer withou any hesitation.
Can we imagine now that effected July 1st the Transfer Cost of one Kanal plot can reach to 8 to 9 from 5 lac (including commission & if value is above crore).

Jameel Mughal® replied on Monday, June 27, 2016 01:50 PM PST 

Not likely People always get panic near 1st July And I was answering similar questions last year none happened and neither it affected property boom or
prices.
Most likely DC rates of 100 Lac Market value Plot will revised to 60 Lac.The Transfer for 60 Lac DC Rate will be 60 X [2+3+2]% = 4.2 Lac Taxes for non files and Transfer plus Commission about 2 Lac means about 6.2 Lac

User_16051® replied on Monday, June 27, 2016 01:56 PM PST 

Jaamel sahab what would be on selling in the same case ?

Before 5 years of purchase

Jameel Mughal® replied on Monday, June 27, 2016 04:41 PM PST 

My anticipation is instead of going to long hassle of evaluation and plus minus of sale Purchase difference, they will go for Flat tax [Desi Method], It may start from DC value between 3 to 5%. So selling a plot in 100 with DC rate 60 seller may be paying 2 to 3 Lac which looks Justified, But details have to come yet.

Whether it is good or not good for country is different debate. There is IMF pressure to do more documentation of economy and increase tax net. This is only way to increase the GDP, In case of Pakistan the GDP 90% issue is Lack of Documentation. It is less dependent on revenue. For example there are 3000 home owners in Valencia and their net worth is 6 Cror each average [House Plus other holdings] , if only 200 have declared their assets. How Govt can know the net financial worth of this town. Even if Govt does not impose wealth Tax on them this declaration will help GDP and Economy.
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(74695)
Monday, June 27, 2016 12:26 AM PST 
GCC OIL AND GAS DIRECTION

Abu Dhabi's ADNOC cutting 5,000 jobs -

Abu Dhabi's state-owned National Oil Co (ADNOC) plans to cut 5,000 jobs by the end of the year, and 2,000 of the lay-offs have already been carried out.

ADNOC has roughly 55,000 staff. Many companies in Abu Dhabi and elsewhere in the Gulf are trying to cut costs as low oil prices slow economic growth and pressure state finances.

An ADNOC spokesman, contacted by Reuters, did not confirm or deny the cuts but said: "In keeping with the entire oil and gas industry, ADNOC is constantly looking at ways to be more efficient and more profitable, particularly in the current market environment.

User_12596® replied on Monday, June 27, 2016 01:12 AM PST 

Over All situation of gulf is critical. Very difficult to survive. Lot of pakistani going back. Decrese in remittances.

Arif M® replied on Monday, June 27, 2016 01:28 AM PST 

Same situation of Job market in KSA. Many of those who are on low-mid level jobs have not got salaries for 2-3 months. Situation is getting miserable.

User_16407® replied on Monday, June 27, 2016 01:29 AM PST 

really bad situation for GCC, already 1 million expats in Ksa exited ksa, decreased remittance, selling pressure on ppty will set in soon when returning ppl start selling

future replied on Monday, June 27, 2016 02:00 AM PST 

No more expat will be allowed in oil fields, operational sites by mid to end of 2017.

Localization only.

RavianGik® replied on Monday, June 27, 2016 02:43 AM PST 

Biggest UAE Contractor ARABTEC not paid salaries for over 2 months.
Many international high profile companies offering high level executives to leave voluntarily or work without kids school allowance and reduced housing allowance.
The worst hit areas are construction and oil and gas, banking, NBD alone fired 300 employees, over all UAE lost 9 out of 100 jobs i.e. 9% workforce became redundant.

Allah azzojal sab ka rizk mahmooz rakhay but situation tough. This bloody brexit came at worst time today I had friend from Belgium and told Scotland and other nations ready to launch strong separation movement.

Thank god Pak economy not running on credit cards and mortgage and banking system very strong means no risky lending done to consumer except govt :(

On one part this is sad but every clound has silver lining and this scenario bringing money back to Pakistan to be pumped in realty market and boosting DHA and other societies

Future is bright replied on Monday, June 27, 2016 03:54 AM PST 

Lots of riyals and pounds flowing back to pakistan as well as hundreds of families will return in the near future.
This will be positive for the real estate as well as overall for the country with some sound brains returning to serve the country and hopefully would have improved their vision and bring better concepts to the society.

Arif M® replied on Monday, June 27, 2016 04:33 AM PST 

In short term, it might bring some money but in long term it will be disaster. If true, People coming back will be out of jobs.


Pakistan economy has already failed to provide jobs to existing human resources. So, people coming back from GCC countries can not have much hope to get jobs here. Even if they get jobs, their earnings will be not same as in middle east. All this means decrease of earnings and it is not a good news for ANY Pakistani sector. We can only pray that things get better at least in middle east so many brothers do not loose jobs.

Future is Bright replied on Monday, June 27, 2016 05:59 AM PST 

Its not that all of them will need jobs. There is a chance many will start their businesses and investments which will create jobs and hopefully Pakistan will prosper.
Everyone out of job from gulf shouldnt expect a job in Pak but no one can stop them from investing n small business.
In my opinion jobs will be lost in gulf and there is uncertainty for even those who will be able to keep their jobs for time being.
Everyone will try to secure home and an investment in Pak in case they lose job in gulf and cant get one in Pak when they return.
Prayers are important but so is wise planning and anticipation. Cant rely on jobs dear and no investment or business is small even if its a pgotocopy shop. Small start leads to big thing!

Rana_Australia® replied on Monday, June 27, 2016 11:33 AM PST 

But @Future Zadco is hiring . I received a call for interview although i am not interested as I am with Slb Global

Amir Khan® replied on Monday, June 27, 2016 02:14 PM PST 

The information is correct. ADNOC is planning to reduce 7-8,000 employees this year and another 5-6,000 next year. Many functions are being centralised to reduce costs and improve efficiency. Some Companies are being earmarked for mergers. So some tricky times are ahead in the Oil & Gas sector. Banking industry is also shedding jobs. My own brother lost his job in Abu Dhabi Islamic Bank after 18 years of service with them. Now there are reports of merger talks between National Bank Of Abu Dhabi and First Gulf Bank. If this happens analysts claim of cost savings of atleast 28%. This will have a domino effect on other sectors like construction, health, real estate and services. People are spending less due to uncertainty and job insecurity. Many families are choosing to go back. The situation is bound to get worse before it gets better. The Brexit issue hasnt helped matters either. May Allah help us all in this time of trial. The million dollar question is "What do we do with this sizable population when the get back". There are no ready jobs for them. Are there any dependable sources of income streams avaialble to them to earn a decent living. Point to Ponder.

Arif M® replied on Monday, June 27, 2016 03:08 PM PST 

Future is bright, if not all then majority of them will need jobs which they can not expect to find in pakistan. not even on half of their current salaries. I have many relatives who worked in middle east and whoever came back failed to adjust here. They do jobs all life in middle east countries - which have far better law and order situation. They are accustomed to that life style.

When they come back they have have no idea of how to run business and that too in a countary like Pakistan where you need to bribe and use connections at every step. These are the realities. Sit with any Pakistani living abroad and majority will share the same views. So yes i still think that we should pray for our brothers otherwise living of thousands and thousand of families will be disturbed.

AHMAD HASSAN® replied on Monday, June 27, 2016 04:05 PM PST 

After EID we will see fall in Lahore property too. It's not correction but free fall. GCC countries also limiting monthly remitance value. Now one will not be able send unlimited. And GCC countries has major share in remitance and property investment. This recession started from West and reached Asia now.

Ejaz_EJ® replied on Monday, June 27, 2016 04:33 PM PST 

very well said Mr.Ahmad,
I agree.

there will be free fall for Lahore properties as it gained significantly and it is bound to reverse at reasonable level.

focus might will be shifted towards growing small cities.

Usama Javed® replied on Monday, June 27, 2016 04:53 PM PST 

haha After Eid plots in lahore will sell for 10 lac per kanal. free fall? Brexit on everyone's nerves it seems.

MFA® replied on Monday, June 27, 2016 05:09 PM PST 

ADNOC is cutting jobs and revamping their structure its true. But its not just because of slump in oil price, but due to their new CEO Sultan Al Jaber, who is experimenting things here and there, it might not result in some positive outcome. Even now criticism within ADNOC is rising because of so many haphazard organizational changes.

AhmetKildir® replied on Monday, June 27, 2016 05:19 PM PST 

I guess I'm the only one who is bullish here =).

P.s. oil price is double of what it was in Feb and analysts were saying at that time that oil will go to $10. It's at $50 now and analysts latest target price is $65 by close of year. Just my two cents. You can celebrate the doom and gloom as much as you want.

AHMAD HASSAN® replied on Monday, June 27, 2016 05:47 PM PST 

Ahmet oil
prices will come back. No doubt but people who lost jobs will not be back. Oil prices is not the only reasons of job cuts. There are other factors also. An oil company is a country within country, many business linked with oil sectors, someone supplying stationery or other is supplying equipments. They all suffer too. Time is not to invest but to sell. You recently sold your Rahbar files :)

AhmetKildir® replied on Monday, June 27, 2016 06:27 PM PST 

@Ahmad, nope. That's not why I sold them. And I reinvested whatever I sold immediately somewhere else within dha.

Let's agree to disagree. No need to get personal bro.

FUTURE replied on Monday, June 27, 2016 08:00 PM PST 

Following are the important factors which are determining the future of OIL and GAS.

1. CO2 emission and global warming.

2. Switch to renewable energy.GE already targeting and plan in progress.

3. Production of shale gas in US which cost around USD80.

4. Car producers like VOLKSWAGEN announced production of electric driven cars will replace its current oil driven inventory within next 5 years, japanese also following same foot prints. Who will need oil then.

5.All engineering activities will be done from INDIA where 5 people can do job at cost of one expat will improve cost efficiency.

6. To improve efficiency the concept of PMC will evaporate and effects already seen at AMEC, WOODS GROUP, TECHNIP.

7. Technip will have 100 staff (french / italian) reduced from 1000 in ABU DHABI.

8. No more GREEN FIELD PROJECTS, only BROWN FIELD.

A lot more.................

AHMAD HASSAN® replied on Monday, June 27, 2016 08:17 PM PST 

Ahmet Bahi, I apologise, I meant not to be personal. My last sentence was just a joke.

Mian® replied on Monday, June 27, 2016 09:48 PM PST 

Ahmet bhai. Do you have any suggestion for short term investing in short budget?

Tariqq replied on Wednesday, June 29, 2016 05:12 AM PST 

The first thing a returning expat would consider is a source of income and building his house. With lesser jobs, short term property investments would multiply. And purchasing/contructing houses would also result in property and contruction boom. So relax, InshaAllah future is bright. I am an expat in Oman btw, and the situation here isn't really this worse as it is being advertised.
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(74694)
Monday, June 27, 2016 12:19 AM PST 
DHA Bahawalpur Pictures Update

DHA Bahawalpur Pictures Update
>
(74693)
Monday, June 27, 2016 12:16 AM PST 
DHA Bahawalpur Pictures Update

DHA Bahawalpur Pictures Update
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