Lahore Real Estate Forum

Tuesday, August 11, 2026 06:20 AM
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(74670)
Saturday, June 25, 2016 08:36 PM PST 
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(74669)
Saturday, June 25, 2016 08:22 PM PST 
Advice Required from Jamil sb, habib sb and other repected Experts

I have a very basic query, but i am confused about it.

As you know that there are so many ways in our country to get deceived. If i am planning to buy a plot in State life phase 2, how to make sure that the file is genuine and the file is not problematic and some other person will not claim the land in future. Is there an official institution in Pakistan to cross check before buying a plot?

THNX AND JAZAK ALLAH

Habib replied on Saturday, June 25, 2016 11:49 PM PST 

Dear Sir, I Never had deception in any of my deals so far, However If you want extra precaution deal in DHA, The Only deception you may have you will buy 2 Lac expensive and then it will cover in few days.
Coming to state life 2, it is at good price but still not good,
File will not be problematic in 90% cases and no one else will claim land

However it my not be developed for Long time and your money will be stuck, There is clear indication by LDA that they are not permitting new changes proposed by them.
You can go to one window LDA and ask about state life 2
If You tell the budget we may advise you better
DHA Multan and DHA Gujranwala are still good buy, but Keep in mind it will mature in 6,7 ys in between if it goes down don't regret.

Arif M® replied on Sunday, June 26, 2016 02:23 PM PST 

Completely agree with Habib sb. You will not face any frauds in SL-2 at time of transfer. No qaza group issues. But the main issue is that SL-2 does not have enough land to deliver. They have issues with LDA. Because of these reasons your money will remain stuck and not grow. It will be better if you can invest in
DHA Multan, BWP etc.

Arif M® replied on Sunday, June 26, 2016 09:43 PM PST 

No one will question the prime
location of SL-2. No doubt they have it. But they ll have to first sort out things with LDA. 14 marla gimmick along with additional commercials that they have offered must also be approved by LDA. and it will not be easy job.

In addition you should also check the prices of SL-1 which has even better location, developed, populated and yet prices for 10 marla have not gone beyond 60-70 lacs. Considering this, I dont feel SL-2 is worth the risk. That said I also agree that DHA-Multan/BWP current prices have seen a jump. But i feel Multan still have plenty of juice left in it. If you are not interested in these then you can search for other underpriced options in Lahore that are less riskier than SL-2.

K Siddiq replied on Sunday, June 26, 2016 11:14 PM PST 

Arif sb
can you plz suggest priority wise investment options ranging between 3-4 millions for 5 years incl DHA Mtn,Bwp and Pshr....thnx for your kind guidance

Arif M® replied on Monday, June 27, 2016 05:30 AM PST 

I am no expert but i feel
DHA Multan can give good return if holding power is 2-3 years. But don't take my word. Just keep reading forum posts. Try to learn from experts and then make a wise decision. Tip is to look for safe but underpriced options.

K Siddiq replied on Monday, June 27, 2016 02:06 PM PST 

really grateful
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(74668)
Saturday, June 25, 2016 06:32 PM PST 

Assalam o Alaikum
I have a question for experts. CGT is applicable upto 5 years now. I plot is sold after more than 5 years then
a. Is this capital gain considered as non taxable income just like agri income?
b. Where in return to show this income?
Many thanks in advance

Jameel Mughal® replied on Saturday, June 25, 2016 06:53 PM PST 

Still Tax is not implemented ,
Yes If you are selling after 5 years of Holding no gain tax will applicable though gain can be 200%. It mainly focuses on the short term traders not true investors.

saima replied on Saturday, June 25, 2016 07:19 PM PST 

Is it true for
files too balloting or no balloting?

Stockee® replied on Saturday, June 25, 2016 08:07 PM PST 

@ Jameel Mughal
Sir thank you very much for response
While filing IT return, where this gain/income to be shown?

Jameel Mughal® replied on Sunday, June 26, 2016 02:51 AM PST 

all taxes on allocation
files will be as plots. Affidavit files will not get Tax. [it does not mean affidavit is better this is long detail and mentioned many times before]
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(74667)
Saturday, June 25, 2016 05:39 PM PST 
Plot assessment

Dear Salman and others,aoa.please give me latest assessment.also advice now it's a peek or not.thanks
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(74666)
Saturday, June 25, 2016 04:41 PM PST 

CMY sir, only once and only once, I need a yes or no from you. You have said many times Central Park possession area is good for investment.

Please one question, is Grand Avenues possession area good for investment as well, or not?

Please respond, thanks.

CMY replied on Saturday, June 25, 2016 04:43 PM PST 

Yes in possession area ok to buy.

Haroon_16® replied on Saturday, June 25, 2016 09:04 PM PST 

Thanks a lot.

Password error replied on Saturday, June 25, 2016 10:02 PM PST 

dear CM sahb please shed some light on park view villas multan road. I the development is very slow in society.
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(74664)
Saturday, June 25, 2016 04:23 PM PST 

Hi lhr can u give vale of my plots dha phase 6 1 kanal 286N and 421G ?
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(74663)
Saturday, June 25, 2016 02:56 PM PST 

I apologize for asking question not directly related to property. I am a pensioner and have plot worth 5 million in DHA Lahore. Due to problems with fulfilling monthly expenses I am planning to sell my plot and invest it where i can get monthly income. Due to lot of hustle & inconvenience involved in Saving centre thinking of options like Apna microfinance or Finca banks. Will be obliged for your valuable experience sharing & advice.

User_12596® replied on Saturday, June 25, 2016 03:05 PM PST 

These all banks offer riba and its haram, Buy a house and get rental income, u can find house or flat in cheap societies.

Ahson replied on Saturday, June 25, 2016 03:20 PM PST 

5 Marla old house can be purchased in that budget to get rental income of about 25-30 thousand per month.

Ahson replied on Saturday, June 25, 2016 03:22 PM PST 

Don't put ur money in the bank it will devalue very quickly and getting interest is haram too. But at the end of the day choice will be yours.

Aseem Mumtaz replied on Saturday, June 25, 2016 04:17 PM PST 

Dear Mr. Murrad, mutual funds can be a good option...I invested rs.1.1 million in NAFA associated with NBP...they are paying better than NSS...and profit/principal is withdrawable using ATM...

AHMAD HASSAN® replied on Saturday, June 25, 2016 05:10 PM PST 

You can buy 5 acre land close to Changa Manga Jungle with this budget. You can find land under ex-army office title that will be secure to transfer. You can producr different kind of vegetables and earn average 5M per year. You can add more income if buy two pickups vans and start delivery to vegetables shops in any area of Lahore. You can also buy barren land, but you will get more area in less price. Then import coco soil from Sri Lanka and build terraces and water recycling system. Now your infrastructure is ready to grow any vegetables, I would recomend you tomattos and this method can yield 450t per acre. And if you import different types of seeds from West and produce different shape of tomottos then you can export directly to world 4 to 5 start resturants @ 200 RS per KG.

AHMAD HASSAN® replied on Saturday, June 25, 2016 05:13 PM PST 

Just to add, there is a world living outside DHA & Lahore. Just explore what they do to earn.

Ejaz_EJ® replied on Saturday, June 25, 2016 05:58 PM PST 

Mr. Ahmad Hassan Sb

I appreciate your input here and now a days I am planning to buy a barren land as well to grow seedless lemon and other type of citrus, but you have given a different idea and it inclined me toward this idea to bring soil from Sri Lanka

I would like to talk you on this to get better understanding on whole idea and cost, where are you based in? please let me know how we can tie up to meet or to talk?

Appreciate your consideration.
Thank you

AHMAD HASSAN® replied on Saturday, June 25, 2016 06:37 PM PST 

Dear Ejaz,

I live in Abu Dhabi, you can get my phone number from CMY. I will also try to get your number.

ShahzadQamar® replied on Saturday, June 25, 2016 07:04 PM PST 

Hi Ahmad, where are you from in Abu Dhabi, I live in Khalidiya

AHMAD HASSAN® replied on Saturday, June 25, 2016 07:45 PM PST 

I live in Khaldya too ;). In which you work?

Ejaz_EJ® replied on Saturday, June 25, 2016 08:14 PM PST 

i live too in Abu Dhabi, but i am not able to post here my ID

RavianGik® replied on Saturday, June 25, 2016 09:03 PM PST 

You can purchase in this amount two offices in empress tower and save 5-8 lacs commercial rent there is 13K per month.

In this manner you will get 26k monthly and you will be free to do some light job as well. also your commercial office property will gromw.

These offices in from of Shimla pahari and still under
prices.
you should look for 290 to 330 sq ft office

If interested send me email at

SaeedUSA® replied on Saturday, June 25, 2016 10:19 PM PST 

Dear Aseem, How much NBP Nafa pay per month? and can you open their account while sitting outside country.

ShahzadQamar® replied on Saturday, June 25, 2016 10:38 PM PST 

Prestige cars. Gasco

Riaz® replied on Saturday, June 25, 2016 10:42 PM PST 

@SaeedUSA: You can please google NBP Fullerton Asset Management where they have different funds for different profiles like pensioners or for young people etc. There are other fund management companies like Meezan, AKD and UBL etc who are also very good.

AHMAD HASSAN® replied on Saturday, June 25, 2016 11:57 PM PST 

Al Montazah Towers next to prestige towers. Let me know your ITS.

Ejaz_EJ® replied on Sunday, June 26, 2016 01:02 AM PST 

Ahmad sb pls call me at zero five zero nine nine one five two five five

MIT® replied on Sunday, June 26, 2016 02:09 AM PST 

So glad to see such a nice discussion among my brothers to help each others with their intelligent viewpoints and tips for going into small businesses. This no doubt is a very positive forum for all of us; so many thanks to CMY's wisdom for creating this facility for the general benefit of all visitors. Given an opportunity and right direction my Pakistani brothers can perform and achieve their target successfully in any field anywhere in the world. Best wishes for Ahmed Hassan, Shehzad Qamar, Ejaz EJ and of course Prof. Murad.

ShahzadQamar® replied on Sunday, June 26, 2016 06:52 AM PST 

i really dont know what is ITS but will find you at Al Montazah. see you inshaAllah. I am at 601

Password error replied on Sunday, June 26, 2016 02:14 PM PST 

how nafa works , its complicated to understand on site

Ejaz_EJ® replied on Sunday, June 26, 2016 06:05 PM PST 

Ahmad Hassan sb I am still waiting for your call on number given above.
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(74662)
Saturday, June 25, 2016 02:24 PM PST 

Plz inform about current market rate of One K plot DHA Phase 7 Y 924. Thanks a lot :h

LRE® replied on Saturday, June 25, 2016 02:34 PM PST 

Dear Anwar Sb,

Phase 7 near Y 924 is valued around 150 lacs



KHADIM HUSSAIN
+
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
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(74661)
Saturday, June 25, 2016 02:08 PM PST 
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(74659)
Saturday, June 25, 2016 10:54 AM PST 
SEARCH FACILITY

CMY sb. if i search CMY or click CMY for past post, i only get 3 pages of your post. The drop down menu shows all the numbers but doesn't show any post if i click 1-100 post.

CMY replied on Saturday, June 25, 2016 11:22 AM PST 

We are working on to restore 13 years posts search by moving to larger servers. Temp blocked to keep site online due to heavy trafic these days.
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(74658)
Saturday, June 25, 2016 10:34 AM PST 
Prism A block entry access through 9Town only

Dear All,

I am extremely confused with a ground reality unless I am wrong and mis calculated. Prism most prime and expensive block A has only have a access entry from 9Town block D which is the most underpriced block of whole of DHA. I am failed to understand how this can be possible that people are not realising the importance of 9town blocks?

Jameel sb and other experts please comment.

Saim replied on Saturday, June 25, 2016 03:36 PM PST 

Zaheer and Jameel
That is the reason u will c H ,G and F going up now. LRR direct entry to these blocks will take them up.As for A block DHA will do some thing otherwise entering thru Town is not a good option at all.

ShahzadQamar® replied on Saturday, June 25, 2016 07:06 PM PST 

H is future of Prism - wait and watch
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(74657)
Saturday, June 25, 2016 10:32 AM PST 
Brexit Impact on Lahore Real Estate Market?

Many concerned friend from UK Europe are keep asking me impact of Brexit on Lahore property market?


Yes billions of black money sitting in people houses in Pakistan or in overseas in Euro/Pounds will will go to work in Pakistani property market especially in Lahore as once again Karachi is getting dangerous to live.

You could also see major selling pressure in local UK and EU countries from expatriates Pakistanis and other nationals. Pakistani will prefer to invest that at home where especially Lahore where currently 300 billions are being spent on infrastructure improvement.

In Pakistan only two places to make money are left now. One is property investing and other is buying and holding foreign currency for gains expecting Pakistai rupee collapse due to massive loans taken by Govt. Rich people people bought foreign currency in large amounts especially after tax imposed on cash withdrawals from banks etc. They are keeping $ pounds Euros hidden. Now after clearly seeing that Euro/ Pounds and other EU currencies will be under selling pressure in future with each EU country walking away. Money will be cashed and put to work in property only. Gold too high not easy to trade ( Bagumaat wont let you do it :)


Choudry Mujahid Yasin ( CMY )
+

Salman.A® replied on Saturday, June 25, 2016 10:59 AM PST 

What about Stock market?

After inclusion in EM , PSX is in limelight of foreign investor.

VERY high risk investment in stocks, not for everyone, one needs to be smart and know the fundamentals and technicals before investing any money in the stock market.

But third option for investment is STOCKS. I LOVE IT and maybe i am biased towards it.

LRE WhatsApp Group 101® replied on Saturday, June 25, 2016 11:23 AM PST 

Things that have already happened today:

- The pound has plummeted to a 30 year low
- Japanese stock market has crashed 8% and suspended trading
- Comfirmation of another Scottish independence referendum
- Calls for an Irish reunification referendum
- Far-right nationalists across Europe now calling for referendums and the demise of the EU
- Hundreds of UK pension funds underwater
- HSBC is worth £10bn less since yesterday
- S&P has announced that UK now likely to lose its AAA credit rating
- In two hours, the UK economy has lost over £255bn, the equivalent of 40 years' worth of EU contributions
- UK Prime Minister David Cameron has resigned
- The UK has down slipped down to the 6th largest economy

Adeel Zubari

User_6006® replied on Saturday, June 25, 2016 12:00 PM PST 

one fact is that lahore property already rising from many months and out of reach of common man now , no matter the 300 billion govt spending or whatever happening sharp increases in property over short time naturally invite slump . so be careful specially when someone suggest you that karachi becoming violent , people have black money in homes and will invest etc now as currencies of eu falling , if u look at property history in many good times even plots get posession but
prices remain undervalue this what slump brings , and slump do not need factor it's property rule and key for property to move in phases else it wont work

Jameel Mughal® replied on Saturday, June 25, 2016 12:42 PM PST 

Thanks CMY for elaborating Brexit effect if any on Pak real estate.
One of my friend lived in UK for 30 years, now he in UAE all family is UK national They are having 5 Flats in UK, still he Bought 2 Kanal Plot in Pakistan and Told me still he thinks Pakistan is his home. He is deeply concerned about Brexit. He thinks none of his properties gained in UK for last 4 Years where as back home price have gone up 4 Fold. I am astonished I am in UAE for long but thought the Pakistani national in UK and US feel fully secured which is not the case.

User_15051® replied on Saturday, June 25, 2016 02:47 PM PST 

Next big thing for Pak expatriates in US is coming in the shape of Trump😎

Ahson replied on Saturday, June 25, 2016 03:37 PM PST 

I'm in USA since since last 13 years but still consider Lahore my dream town to live again after a few years. Nothing like homeland where we all spent our childhood and grew up and eventually went to different countries to earn a living. Secondly our country has cash economy and people buy on cash without any banks involved so no matter what happens in Europe or elsewhere, the real estate in Pakistan will never take a dip, it could slow down but never collapse.

User_12596® replied on Saturday, June 25, 2016 04:41 PM PST 

Yes you are right Ahson, i am living in KSA but life is better in Lahore as compare to here, We can earn money here but Life ka maza nahee hy, Lahore property is best, if you have 2 three properties in lahore u dont need to live abroad.

ShahzadQamar® replied on Saturday, June 25, 2016 07:14 PM PST 

CMY I agree with your statement but in general what happens in such cases on shorter run is that investors pull their money from all the investment locations markets real estate etc. to close the books and reinvest after some time that brings temporary slump in each sector and same might still happen in Lahore once Big Fish try to hide in Pond water for breathing.

SaeedUSA® replied on Sunday, June 26, 2016 01:44 AM PST 

Very good analysis by RaviaGIk but forgot one thing that Pakistan own political situation is not good. After Eid will be big show down.If you look at the interest rate chart for Pakistan since last 15 years and you will see crash of 2005 and 2016 are almost same. Back in 2005 same time interest rate was 6 % and started going up and realestate went down.I am thinking that interest rate will be going up very soon or may be next year..my two cents..

MIT® replied on Sunday, June 26, 2016 02:27 AM PST 

Nice input CMY, Jameel and Ravian. Thanks.

AhmetKildir® replied on Sunday, June 26, 2016 02:47 PM PST 

Brexit is going to prove a disaster for the investors in England. Already the currency is down 10%+ hence the property
prices are down 10% just on hedge w/o considering the actual capital losses due to foreseen lack of demand.
International investors pulling out will now be looking at underpriced properties in Cyprus, Portugal, Dubai, Canada etc.
Pakistani and Indian investors (that make up 40% of the UK property market) will be looking at their respective countries (and Dubai) in addition to the international options mentioned above.
I see a big boom in Pakistan property in 2016 especially around Eid al Adha.
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(74655)
Saturday, June 25, 2016 07:30 AM PST 
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(74653)
Saturday, June 25, 2016 07:02 AM PST 
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