Lahore Real Estate Forum

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(73754)
Wednesday, May 25, 2016 06:18 PM PST 

Please evaluate 3087 J Prism 5 marla
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(73753)
Wednesday, May 25, 2016 06:01 PM PST 

A lot of knowledgeable persons are contributors of this site. Mr. SubCon has put very convincing comments for commercial investments in future regarding on line shopping. Still commercial is sought investment. My view is that there must be one ratio or multiplying factor between commercial and residential which is KPI (key performance indicator). Say 5. If commercial is available less than 5 times residential. It must be bought. If it is available more than that then residential should be bought. Comments from all gurus specially Subcon, Shah, Ahmet Kildier, Jameel Moghal, Habib, Yahya are requested.
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(73752)
Wednesday, May 25, 2016 05:53 PM PST 

There will be no chance of having price crash or correction reason because it was already under priced, don't see the way as 1 lakh increase on each day, file was undervalued before and now its going towards right direction and correction. There is no correction needed in Multan DHA. The only way it needs correction to go higher and higher. If you compare Multan Dha with adjacent towns then you can see it was badly undervalued which it needs to recover now and this is the time where this project is moving forward after long wait.

syed replied on Wednesday, May 25, 2016 06:05 PM PST 

first of all no need to compare , it's just undeveloped land 450 km away from
dha lahore a chapter of it , nothing in it's surrounding beside a university and so rural area , living can be there troublesome even after development and right now it's just barren land , and without any reason price is increasing totally unfair

P.S : in short i am few lac's short so talking bad in fear that prices do not increase more sooner and i again miss the channce :) :/

KB20 replied on Wednesday, May 25, 2016 06:41 PM PST 

Syed Sb respect for you being honest in your last sentence. And let me make correction here Multan Dha is not in rural area as I have visited several times before purchasing it is surrounded by populated area. All new towns and societies already existing there. So realisticly chances are Defence Multan need to catch up the
prices with its adjacent towns.

Babar® replied on Wednesday, May 25, 2016 07:00 PM PST 

Dear Syed, I am from Multan and I know the worth of that area, this is the only area in Multan where all new housing socialites and development are being made. While siting in Lahore or Islamabad and criticizing on other cities is not fare. Batter just visit once that site and than make your comparison and "pinching analysis" accordingly.

Nabil replied on Wednesday, May 25, 2016 07:14 PM PST 

@KB20

You are right. This is my first ever investment in property sector in Pakistan. I have read each and every comment made by you in discussions with Ekrar and finally decided to buy
DHA Multan ( despite of discouragement from other people on this forum). You are right about the file being underpriced. I had an option to buy 5 marla DHA phase 9 J block in the same price bracket but glad I took your suggestions and bought a file at 32. Would be nice if you answer these questions:

1) What time/price should short term sellers sell the file.

2) Where do you see the price after Eid/Launch.

3) How much will it gain after balloting?

4) Is it worth it to keep it for long term or should I move my investment to somewhere in Lahore due to developments happening there in Raiwind road societies.

Thanks again for helping me to make a decision to Enter Multan in time :).

Bajwa replied on Wednesday, May 25, 2016 09:13 PM PST 

The last transaction was observed at 38.5 today.

KB20 replied on Thursday, May 26, 2016 03:18 AM PST 

Nabil I am very glad that some has been benefited because of my post. I was always been silent reader of this forum from several years as I am based in UK and always interested in investing in property from several years.But this time I decided to spread out my words so people could get benefit with me and it will really make me happy when some one else making money aswell.You gave the reference of my previous posts and debates with other respected members and found it that my opinion would be beneficial for people and it looks like it did worked. Going back to your questions I will rather answer it in one go instead of going through with all your questions.
Margin how much you want to earn is all depends on your target whatever you have set for this investment.
This Multan Dha investment will show you different aspects means you can earn 10-20 etc etc all depends on you . This investment will show you different phases but this is guaranteed but obviously Allah knows the best the quaranteed was profit how much you want to take its up to you. Different phases means it will be increasing always because there is no cheap options in the area where defence Multan is located so it's very obvious that Multan has to have increase in price to minimize the difference with the adjacent towns. How much it will be after Eid do not know if I am saying then probably then I am lying. But one thing is sure prior to ballot it will be around 50 lakhs. This what I can see. After ballot it will get stagnant for atleast few months and then the rise of 30% expected in first year after balloting. It could be more the 30 % increase but I am just giving you carefull figures. So as I said is better to stay in Multan and get the maximum gains which will be 1 year maximum after balloting then sell it and then move to Lahore. After balloting minimum 1 year needs to get maximum gains. Gains still will be expecting before possession but then percentage wise it will be small gains so that time will be the best time to pull out from Multan and move to some where else. Hope it helps brother.

KB20 replied on Thursday, May 26, 2016 04:40 AM PST 

One more thing the read post above, where the guy is prdeicting 75-100 I am totally agreed with him. Rest is the LRE plateform which I have no doubt saying running very professionally we need to thankful to these people providing us such a great platform. Be regular reader of this platform CMY the guy who run this always gives sincere advices to all of I rely on this guys experience try to follow his leads, as it is confirmed he is genuine guy helping people out including myself.

KB20 replied on Thursday, May 26, 2016 04:42 AM PST 

Nabil I am very glad that some has been benefited because of my post. I was always been silent reader of this forum from several years as I am based in UK and always interested in investing in property from several years.But this time I decided to spread out my words so people could get benefit with me and it will really make me happy when some one else making money aswell.You gave the reference of my previous posts and debates with other respected members and found it that my opinion would be beneficial for people and it looks like it did worked. Going back to your questions I will rather answer it in one go instead of going through with all your questions.
Margin how much you want to earn is all depends on your target whatever you have set for this investment.
This Multan Dha investment will show you different aspects means you can earn 10-20 etc etc all depends on you . This investment will show you different phases but this is guaranteed but obviously Allah knows the best the quaranteed was profit how much you want to take its up to you. Different phases means it will be increasing always because there is no cheap options in the area where defence Multan is located so it's very obvious that Multan has to have increase in price to minimize the difference with the adjacent towns. How much it will be after Eid do not know if I am saying then probably then I am lying. But one thing is sure prior to ballot it will be around 50 lakhs. This what I can see. After ballot it will get stagnant for atleast few months and then the rise of 30% expected in first year after balloting. It could be more the 30 % increase but I am just giving you carefull figures. So as I said is better to stay in Multan and get the maximum gains which will be 1 year maximum after balloting then sell it and then move to Lahore. After balloting minimum 1 year needs to get maximum gains. Gains still will be expecting before possession but then percentage wise it will be small gains so that time will be the best time to pull out from Multan and move to some where else. Hope it helps brother.

Khawaja replied on Thursday, May 26, 2016 05:26 AM PST 

DHA Multan is a good investment for sure once it is converted to plots will compete with plots in adjacent societies like wapda town etc. Plots will gain slow and steady up as it depends on DHA Multan team how fast and good development they come up with.
But if these are files, they always go up and down subject to demand and supply before balloting. All we have seen it many times in DHA Lahore.
File rate would probably go around 40-43 lacs +/- till balloting to support Installment plots to be offered at 55 lacs. All those who are expecting cash file rate to be 50+ before balloting, Ask yourself if 2.5-3.0 years installment file would be available at 55 lacs would you be interested to buy cash file at 50 or even at 45+ rate ?
- File Rate will go up or down in June if Allocation files also come in market for short term profit taking?
- NEWS 1 of today (received from couple of LPs) is that few Land Providers and Estate Agents/Traders have files in hand but they have stopped to offer to support more tightness in supply, rather non-availability of files to shoot the files rate up which remained stagnant for long time at 28 to 32.
- NEWS 2 of today, more files will be issued around 30th May, so rate may come down again.
Anyone can confirm by calling DHA Multan +.
Also call few real estate agents in authorized list in DHA Multan website www.dhamultan.org
Its 2-3 years investment project to get better or double return, if looking short term then be careful before investing.
Lets pray all investors would earn.
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(73751)
Wednesday, May 25, 2016 05:42 PM PST 
Price Estimate

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
Lahore
DHA
7
U
1837
1K
Dear Sir,

Please let me know the rate of this plot. I want to buy.

Regards.

LRE® replied on Wednesday, May 25, 2016 05:56 PM PST 

Dear Sir,

Phase 7 near U 1837 is around 95 to 98 lacs


HASSAN RAZA
+923028449766
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
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(73750)
Wednesday, May 25, 2016 05:24 PM PST 
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(73749)
Wednesday, May 25, 2016 05:04 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
lahore
dha
phase 9 prism
R
1743
5 Marla
Please evaluate market value.

AsimIrfan replied on Wednesday, May 25, 2016 05:59 PM PST 

Dear Sir,

Prism market value near R 1743 is around 33 to 34 lacs included 1st installment paid


ASIM IRFAN
+923224003475
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
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(73748)
Wednesday, May 25, 2016 04:41 PM PST 
For Sale @ UPN, and Buying Requirements

<=== Latest UPN Inventory: 25 May, 2016

:1) :1) :1) :1) :1) :1) :1)

For Buying/Selling in Bahria Town, Please Contact:

Rana Adnan Mudassar
Bilal Shamim
Waqas Naseer
Mian Zeeshan Rasool
Iftikhar Ahmad

Shahid Yousuf
M. Saleem CH.
Muhammad Roshan
M. Nabeel
M. Imran Ch.


Best Regards,
Universal Property Network
(affiliated with Lahore Real Estate)
https://www.lahorerealesate.com
https://www.lahorerealesate.com/Ads
22 A, Main Boulevard Commercial
(In Front Of Roshaan Center, Near Green Pharmacy)
Sector C, Bahria Town, Lahore

+ (Whatsapp Text)
email:
http://www.ourupn.com

:1) :1) :1) :1) :1) :1) :1)
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(73747)
Wednesday, May 25, 2016 03:31 PM PST 
DHA Prism Buying

Ad Type
City
Scheme
Phase
Size
Wanted
Lahore
DHA
Prism
1 Kanal
I want to switch to prism 1-kanal. budget is one crore. Experts please advice which blocks have more potential in coming two years... is it Block H, K, F ??

Please pardon my lesser knowledge as i am new to DHA Prism side. :)

Regards,

kam replied on Wednesday, May 25, 2016 05:49 PM PST 

H is Best

NM CH replied on Wednesday, May 25, 2016 06:02 PM PST 

At present the best block to invest with lot of potential is H block.

Password error replied on Wednesday, May 25, 2016 06:03 PM PST 

At present the best block to invest with lot of potential is H block.

Ahmer Shah replied on Wednesday, May 25, 2016 06:23 PM PST 

Dear brothers,

can i get anything very good in H around 100 lacs??

Z.F replied on Wednesday, May 25, 2016 07:36 PM PST 

H seems better and still cheap surprisingly.

MD replied on Wednesday, May 25, 2016 07:48 PM PST 

Chose a clean
location on any of these blocks.... if intention is for investment only then buying 3 small plots is also a good option...

Ahmer Shah replied on Wednesday, May 25, 2016 07:55 PM PST 

MD yes intention is for investment... can 3 small plots gettable in 100lac budget ?? GOOD
LOCATION !! as i dont want any avge to poor located. even i was thinking of 2 * 10 marlas before. but again good 10 marla is 60-65 so it would be out of my budget. plus in DHA PRISM main commodity or you can say main unit is Kanal. smaller plots have lesser importance & location.

Please comment.

HassanHC® replied on Wednesday, May 25, 2016 09:18 PM PST 

Good
location H block or F block. As they are closer to RING ROAD accesses.

Surfer replied on Wednesday, May 25, 2016 10:29 PM PST 

My suggesstions will remain for A block always. If other than A than H block.

Rizwan® replied on Thursday, May 26, 2016 03:21 PM PST 

@Ahmer Shah.. The next hot cake will definitely be H block and Upper cutting of K block... but i think The most clean block after A block is G block... I think there is no bad
location plot just u have to avoid facing commercial, facing primary school and hospital... its perfectly located... no boundary... every plot is good located... plus u will be very close to oval and also close to ring road... Isnt that a good thing?

Kureshi® replied on Thursday, May 26, 2016 08:38 PM PST 

My votes for F and G block. H has Youhanabad.

Aamir replied on Thursday, May 26, 2016 10:21 PM PST 

No votes for poor ole sector M? :(
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(73746)
Wednesday, May 25, 2016 02:47 PM PST 

A lot of knowledgeable persons are contributors of this site. Mr. SubCon has put very convincing comments for commercial investments in future regarding on line shopping. Still commercial is sought investment. My view is that there must be one ratio or multiplying factor between commercial and residential which is KPI (key performance indicator). Say 5. If commercial is available less than 5 times residential. It must be bought. If it is available more than that then residential should be bought. Comments from all gurus specially Subcon, Shah, Ahmet Kildier, Jameel Moghal, Habib, Yahya are requested.
>
(73744)
Wednesday, May 25, 2016 02:30 PM PST 

Dear guys. I want to ask a question as overseas pakistani. People like me are sending remittances from abroad and when we are doing transaction in pakistan, we have to give withholding tax against this money. This money is tax exempted or withholding tax is applicable on remittances. I dont know the current policy .if someone can answer this question i will be really thankful to him

Basit replied on Wednesday, May 25, 2016 02:50 PM PST 

kala qanoon is applicable regardless of source of income

shahbaz replied on Wednesday, May 25, 2016 02:51 PM PST 

you have to pay 0.3% withholding tax on both cases either pay cheque or withdraw cash.

Pakistan® replied on Wednesday, May 25, 2016 02:52 PM PST 

yes ..its applicable

Shuaib replied on Wednesday, May 25, 2016 02:54 PM PST 

Dear Humayun,

I am in the same boat as you are. What i understand is that
there is no tax on sending remittance... like if you are sending 10lac rupees from a gulf country to your PK bank account. it will be transferred the full 10lac amount to you PK account without any tax... NOW if you will make a transaction on this 10lac amount or part of it for any purpose like for property buying or for anything else. withholding tax would be applied. lesser for filer, bigger for non-filer.

Hope that helps

Flex01® replied on Wednesday, May 25, 2016 02:54 PM PST 

Withholding tax is applicable


People in Pakistan think that people workiig abroad,, get money hanging no trees,,so they should pay more in Pakistan :)

Adie replied on Wednesday, May 25, 2016 03:20 PM PST 

I do not think that there is direct with holding Tax on Foreign Remitannces.

It applies only when you/your family withdraw more than 50000 PKR in 1 day from their bank account.

To avoid this tax, just inform your family that do not withdraw more than 50000 in their bank account in 1 day (which is 0.6%).

Nabeel replied on Wednesday, May 25, 2016 06:26 PM PST 

Good discussion, but couldn't make out the facts.

Witholding tax is applicable how exactly to overseas pakistanis?

+ replied on Wednesday, May 25, 2016 06:26 PM PST 

Good discussion, but couldn't make out the facts.

Witholding tax is applicable how exactly to overseas pakistanis?

humayun replied on Wednesday, May 25, 2016 09:10 PM PST 

Thanx you very much dear friends for your quick and detailed reply

Jameel Mughal® replied on Thursday, May 26, 2016 04:50 AM PST 

Overseas are exempted only from income Tax of income earned abroad, CVT, withholding tax, stamp duty, property tax,Capital gain Tax, Vat all are payable.
Income tax is also payable earned on the business/ rents in Pakistan.
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(73739)
Wednesday, May 25, 2016 01:24 PM PST 
LDA AVENUE 1

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Cur. Rate
Lahore
LDA Avenue
1
B
213
1 KANAL
60
What is the current price of this plot.

Is it suitable to sell it now or hold on for near future to gain more.
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(73737)
Wednesday, May 25, 2016 12:47 PM PST 
State Life Phase 2

Ad Type
City
Scheme
Phase
For Sale
Lahore
State Life
Phase 2
If anyone can provide any updates also on State Life Phase 2? Meeting held on May 16 and what next? Thanks
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(73736)
Wednesday, May 25, 2016 12:20 PM PST 

Dear LRE, state life phase 2 prices are updated or need revisions in charts ?

Ahmed replied on Wednesday, May 25, 2016 12:48 PM PST 

Dear, do you have any uodates on SL2
prices? What is the future?
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