Lahore Real Estate Forum

Wednesday, August 19, 2026 04:43 AM
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(74583)
Wednesday, June 22, 2016 02:40 PM PST 

A GENUINE N URGENT REQUIREMENT,

Dear Members,

I,need a 1 canal single storeyed built house or 1 canal ground floor for rent in Johar Town or areas around Johar Town.( preferably 3 bed). i am short of time, pls if anybody van help!

Thanks.

Question replied on Wednesday, June 22, 2016 03:28 PM PST 

What happened to your phase 7 and phase 8 plots ?

Mrs Imran replied on Wednesday, June 22, 2016 04:11 PM PST 

Actually i hve to shift to lhr soon

..am holding a plot in Phase 7 not 8.
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(74582)
Wednesday, June 22, 2016 06:25 AM PST 

Aslamualikum salman bhai or hassan raza saab if u can plz evaluate my plots
pHASE 7 y 3035 1 KANAL 100FEET ROAD
pHASE 7 Y 2489/3 1 KANAL
PHASE 7 Y 3991 10 MARLA
PHASE 7 Y 3964 10 MARLA
i heard Phase 7 k plots ko bhot aag lagi hui he aaj kal.Prices r shooting up . one dealer call me if i m interested in selling my plots there is a buyer he needs it asap .is it true possession is almost near any idea when entire possession will b given ?

LRE® replied on Wednesday, June 22, 2016 02:22 PM PST 

Dear Sir,

Your Plot Near Y-3035 Worth 130 Lacs 100"Fit Road

Your Plot Near Y-2489/3 Can be Sold 110 To 112 Lacs

Your Plot Near Y-3991 (10 Marla ) Worth 75 To 76 Lacs

Your Plot Near Y-3964 ( 10 Marla ) 75 To 76 Lacs

More information Plz Content

KHADIM HUSSAIN
+
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM

Butt Sahab replied on Wednesday, June 22, 2016 10:38 PM PST 

wow Mashallah 10 lacs increase in each of my plots witth in a moth ...Phase 7 Zindabad
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(74581)
Wednesday, June 22, 2016 06:07 AM PST 
Investment advice needed

I have 8.5 million in hands.kindly advice and guide me to some options of investments in Lahore.cmysb and Jameel Mughal Sb kindly propose some options except prism as I think it is little bit overpriced now.
Regards

LRE® replied on Wednesday, June 22, 2016 04:26 PM PST 

Dear Khalid Sb,

Kindly
contact Hassan Raza +923028449766.He give you better option in your budjet.




LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM

Jameel Mughal® replied on Wednesday, June 22, 2016 08:13 PM PST 

In DHA there are limited option, you can think of 10 merla in phase 9 say in K Block in 60+14. In J Block 2 Plots of 5 merla are still worth Trying try to lock deal before 30th as there are some sellers in Market.
Y block phase 7, 10 Merla is also good option both for investment and making home as it is gaining price very fast.
In Lake ciry M2A 10 merla is Bit over priced at 70 to 75 but very nice on ground
location,
You may try in Fazaia slightly below average Kanal plot, Fazia is sister of Lake and Both will gain proportionately.

In Kanal You can Consider LDA avnue 1, OPF1, IEP, and central park on ground but all these are not A Grade brands will continue gains at slow pace.
AWT 2 I omitted as it gained too Quick and currently getting overpriced.
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(74580)
Wednesday, June 22, 2016 02:21 AM PST 

Dha Raya ballotting took place today and the results are available on Dha website.I have got a 1 kanal villa.i want to sell it .interested parties can contact me

Shah® replied on Wednesday, June 22, 2016 04:50 PM PST 

plz mention villa number to check
location.

Thanx
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(74579)
Wednesday, June 22, 2016 02:02 AM PST 
sorry for late response

Mr Hussian asked
Dear Jameel Muqhal Bahi,
I need your valuable advice .I have a plot in Q block 738 on 70 feet road .Should I hold it for 2 to 3 years for good increase. Some dealers told me it has a max price 125 now and it will not increase in future better move to phase 9. I always read your comments about Phase 7.Kindly advise me I am waiting for your reply. PLEASE .
ShahzadQamar® replied on Monday, June 20, 2016 10:50 AM PST

Moving from 7 to anyother phase will not give you any better returns because 7 itself is also underpriced and have potential to gain.
Flex01® replied on Monday, June 20, 2016 10:59 AM PST

Agreed with Shahzad Qamar.

With due respect to Prism 9 fans, prism will and should see some correction in the next 1-2 years(just my opinion, don't start bashing me:)
Habib replied on Monday, June 20, 2016 12:11 PM PST

This is an average Location Upper cutting Parallel to DHA Raya But a Bit near Village and 70 feet road, I will Hold it, there few houses under construction very near your plot, wait for another 1 year, sure it will be 150.
HUSSAIN@1956® replied on Tuesday, June 21, 2016 10:51 AM PST

Many Thanks Shahzad,Flex and Habib for your advise.
Jameel Muqhal,
Waiting your comments on my request.
Jameel Mughal® replied on Tuesday, June 21, 2016 10:59 PM PST

sorry for late response the plot is average but still will give you quick gains, if 100 houses are under Construction then believe 200 are in process map etc, moment 500 houses are made you will see the price of phase 7. Just few months back builders have acquired plots at very low rates like 100 Lac and they are expert in making house in 100 lac, they will spend 2Cror and sell at min 3.5, By that time average plot will be 175.
People who sold the plots in Phase 7 in last one year after waiting so long did foolish mistake

HassanHC® replied on Wednesday, June 22, 2016 02:59 AM PST 

I agree who ever sold any plot in Lahore last one year and parked the money in bank lost but who reinvested did not.

Any and every good coming society gained.

Even AWT, Suigas NFC Khyaban Valenica all gained which as such were not the first choice.

So I believe 7 should gain too as its also in Lahore and when every one is gaining then market trend is the same.. Any one who sold 7 and invested in Lahore in any good project did not loose as long as he invested in RAHBAR LAKE ORCHARD PRISM SUI GAS AWT IVY etc.

Now going forward PRISM LAKE ORCHARD RAHBAR are still good safe and projects to HOLD ON along with Phase 7 which is doing catch up and this is healthy. Once phase 7 gets this jump complete in next few weeks then it will also sit on the fence and get regular market based movements along with the above projects mentioned.

Irfan replied on Wednesday, June 22, 2016 03:15 AM PST 

Dear LRE-brothers


How are you all?
Please evaluate Plot_No : 9P/H/1663.

Regards.

HUSSAIN@1956® replied on Wednesday, June 22, 2016 05:15 AM PST 

Many Thanks for your advice, very much appreciated. Jameel Muqhal and HassanHC
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(74578)
Wednesday, June 22, 2016 12:46 AM PST 
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(74577)
Tuesday, June 21, 2016 10:50 PM PST 

Making buying and selling decisions
For investment purposes, how does one ascertain when is the best time to bye or sell a plot or property?
In other words, to rotate the investments around some suggest that you should keep selling and buying on a regular basis. However, how can one know what is the best time to bye or sell? Should that depend on when you have targeted your next when a plot has reached its maximum value?
Comments are welcome.

Jameel Mughal® replied on Wednesday, June 22, 2016 03:32 AM PST 

Dear Khalid It is very tricky Game
When properties are gaining almost all are gaining up to some extent
You need to be expert to identify which of your property has already gained unrealistic price and is there any other good area which is underpriced, You can exit and buy in underpriced area. But if you have no underpriced option in your mind then usually it is not good idea to sell as properties under limelight continue gaining. Once you switch this is your luck you may have to wait many years before it will Click, Like AWT was relatively under priced from 2005 to 2015 but only clicked in 2016. Many seasoned investors and dealers can undergo self deception. Elite advisers of the forum underestimated DHA phase 9 J Block initially but it is only investment which is nearing 100% return in one year, same is happening in phase 7 now which was named as dull investment.

Real Estate Analyst replied on Wednesday, June 22, 2016 05:18 AM PST 

like prisem is over priced at this time

ShahzadQamar® replied on Wednesday, June 22, 2016 06:49 AM PST 

I dont think Prism is over priced yet with good locations 90 to 95. If these good locations move to 150+ in a year time that will be over pricing and should be sold immediately, or as of today if these reach 125+ that is over pricing. I am talking about good locations not best ones including development charges

Khalid Azad® replied on Wednesday, June 22, 2016 09:45 AM PST 

Thanks Jameel br for sharing beautiful words. Waiting for CMY sb and Habib sb comments.
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(74576)
Tuesday, June 21, 2016 10:34 PM PST 

Little bit of work on LRR can be seen here:

https://www.google.com/maps/place/Central+Park/@,,679m/data=!3m1!1e3!4m5!3m4!1s0x0:0x560945ba4c168f6d!8m2!3d!4d
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(74575)
Tuesday, June 21, 2016 10:34 PM PST 

Any news on Bahria Nasheman extension?

What location will it be and when?
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(74574)
Tuesday, June 21, 2016 08:39 PM PST 
Property tax

Aoa experts

Plz guide me regarding this notice i received today?

User_528® replied on Tuesday, June 21, 2016 09:36 PM PST 

strange, it says tax but mentions valuation only, which property is this? 5M/10M/1K/2k? is it vacant or construction is done on this property?

RavianGik® replied on Tuesday, June 21, 2016 09:40 PM PST 

Dear
It is standard tax on house which is rented. If vacant house you can go back and tell inspector whose no mentioned. It must be for 1K house. This is not something new. It was same for last year as well.
Its normal property tax.

Faheem replied on Tuesday, June 21, 2016 10:09 PM PST 

test

User_528® replied on Tuesday, June 21, 2016 10:10 PM PST 

test

Rai replied on Tuesday, June 21, 2016 10:27 PM PST 

Aoa,

This is my 1 kanal(17marla) house near wapda town. I reside here myself its not rented. I guess its the valuation amount mentioned on it. What will be tax amount imposed? Plus i constructed and shifted 2 months back. From when my tax deduction will start and how much?

Jameel Mughal® replied on Wednesday, June 22, 2016 12:07 AM PST 

One of My friend got similar Notice few months back, Upper portion was rented his house is in B Block Johar Town, He went to office and met the person and issue was amicably solved. He Mush have paid some nominal Bribe which he did not mention to me but Tax is about 14000 Per Year i guess aea was B or C Class, If Your House is Not on main then you can get similar agreement.
This is Tax for a Kanal House on main with rental assessment of 95000 and assumption that house is fully rented, In other words Maximum rent.
Later Pls ahre with us your experience to help others but dont mention m\nmaes etc

Rai replied on Wednesday, June 22, 2016 04:31 AM PST 

Ok i will surely keep this thread updated.

M Arshad Ali® replied on Wednesday, June 22, 2016 01:16 PM PST 

Yaar sab bholley badshah ho, Sir even if u r residing in your own house u have to pay property tax. So it is calculated by excise inspector and your property tax will be around 7000, so no need to worry
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(74572)
Tuesday, June 21, 2016 07:22 PM PST 
Price Assessment

Ph 9 prism F 904,assessment rqsted please
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(74571)
Tuesday, June 21, 2016 06:53 PM PST 
Askari 11

Greetings

Need advise

I got plot in lower Q block next to boundary wall.

Being in oversea's my foot print in Pakistan is limited to vacation only and have no plans to move permanently as of yet... by time kids grown up most likely they will not settle in Pakistan and I will be at retiring I guess.

I was thinking to switch my plot to Askari 11 apartment as its a respected place to live/vacation/retire.

Do you suggest I should switch my investment to Askari 11 Apartments?

Is there any disadvantage of having apartment in higher floors as they are cheaper? I prefer top floor as its more windy, private, less noise/hectic.

I bought this Prism plot as file @ 18 lacs by CMY 8 years back :D

Thanks

Wj

aa replied on Tuesday, June 21, 2016 07:09 PM PST 

does askari eleven have elevators?? i think its probably walk-up in which case higher floors big disadvantage

Waji® replied on Tuesday, June 21, 2016 07:28 PM PST 

They got generator Backed-up elevators ...

khan replied on Tuesday, June 21, 2016 10:41 PM PST 

how much is the cost of askari 11 apartments?

Muhammad Ayyaz® replied on Wednesday, June 22, 2016 12:25 AM PST 

@User_16407

I think you don't have a good idea about flats of lahore and particularly Askari Flats.

In Askari 1 Sarfraz Raffique Road older flats of 1992 and 1994 model have value from 11 Million to 13 & 14 Million.
(These flats have less than 1 million value in 1994 when they were launched)

Askari 1 also have 2011 and 2012 model.

These flats have good rental income too. In Lahore mostly Askari flats are successful because of their
location, security and mostly due to their peaceful environment.

User_16407® replied on Wednesday, June 22, 2016 01:00 AM PST 

@Ayyaz

Please google
prices of askari 1 -11 and you will see the appreciation, they are stagnant at lacs, new askari 11 are being sold at 100lacs so what appreciation is there? where as in Karachi the same flats are 175 lacs ......if some one had bought a house in DHA at 80 lacs in 2010 now it is 200 lacs this is appreciation

Arqam replied on Wednesday, June 22, 2016 05:23 AM PST 

Dont go for these flats as these are in abundance ......over 500 to 700 units ....all will be eligible to come in Market in 1st half next year....as per demand and supply formula ...to my assessment price will be further decrease....rest Allah knows
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(74570)
Tuesday, June 21, 2016 06:14 PM PST 
Panic in market regarding new taxes, Mr. Jameel Mughal plz comment

My relative is a high official (CSS Officer) in FBR. I discussed with him the matter of evaluation of plots by FBR.

as per his statement, the FBR has no time to evaluate each plot, and what remain the effect of DC rates announced by District Collector, Land and Revenue Deptt.

During the Audit of Filers and to bring the general Public in tex net, the FBR is trying his best to broad the TEX net. Previously the Clerks of FBR were doing evaluation of price of plots and by taking bribe they could easily less the evaluation. So the FBR will evelute the plots of Filers with the help of third party.

This will not done for each trading but for Audit of filers and by watching of multimillionaire Bank Accounts of Non-Filers. That was also happening in past.

In other countries and especial in India the Govt. / Tax Deptt. has the authority to acquire the plot, land and other property of a person who has evaluated his at very less rate from market and on the rate he mentioned. However it will not be implemented in Pakistan for few years.

So as per the announcement of Ishaq Dar Gain Tax would be implemented on the property of Three Million (as i remind it was mentioned in the news paper) new gain tax would be implemented.

I think there would be no new gain tax for five or ten marla of many societies including Prisim.

Jameel Mughal sb previously i was planning to sell my upper cutting "J" Block good location plot but on your recommendation and in the light of new Tax policy i postponed my idea.

However, plz tell me the market is fast now a days due to the coming of overseas or the effect of fast market will continue of "J" Upper due to the ring road more visible in doming days / months.

Please comment you do not see any correction if the Tax policy is soft.

AHMAD HASSAN® replied on Wednesday, June 22, 2016 02:02 AM PST 

That budget still not approved by lawmakers.

Tahir Lutfi replied on Wednesday, June 22, 2016 04:18 AM PST 

Jazak Allah Jamaal sb

Tahir Lutfi replied on Wednesday, June 22, 2016 04:20 AM PST 

Thanks a lot jameel bahi
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