Lahore Real Estate Forum

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(73294)
Friday, May 13, 2016 03:25 PM PST 
Assessment/Analysis

I am planning to have 1 kanal plot in lahore with a budget of around 60 lac to construct house after two years and in this reference I have following options:

1: buy an on-ground plot in central park housing scheme

2: buy a non-possession plot in central housing scheme in C block

3: make an investment in dha multan for two years and then buy a plot in central housing scheme or such like society.

Advice is solicited in this regard, especially from the honorable guru MR. CMY, if he is kind enough.

Thanks

MS replied on Friday, May 13, 2016 03:40 PM PST 

You can also think about State life phase 1 on ground plots which have excellent
location and rates are very nominal compared to its location.

Ahsan replied on Friday, May 13, 2016 04:00 PM PST 

The
prices of statelife 1 kanal plot are much higher now. In my opinion, 1 kanal option in central park is very good within this budget but you need to act fast as prices are booming at a fast rate.

Central Park replied on Friday, May 13, 2016 04:39 PM PST 

1 Kanal plot on ground with possession in Central Park is best option. Do not delay as
prices are rising. Do not go for any non possession plot anywhere.

Loyal Pakistani replied on Friday, May 13, 2016 07:07 PM PST 

Please also visit beacon house n AWT2

Asif replied on Friday, May 13, 2016 10:13 PM PST 

Go for Central Park on ground and possession plot only.. try to lock the deal at earliest.
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(73293)
Friday, May 13, 2016 03:17 PM PST 

DHA Phase 7, CCA 4
In above commercial area DHA have added more than 200 commercial plots (now total approx 700 plots) which makes it biggest commercial area in whole DHA ( proper) how it will impact on the prices of CCA 4 commercial plots

Shah replied on Friday, May 13, 2016 06:52 PM PST 

This is a game changer for not only Phase 7 CC4 commercial
prices but potentially also the lower block cuttings towards CC4 of residential also.

Generally prices fall when supply increases. However there are some exception to this rule and this is one such brilliant example. Here is the logic behind it:

When a commercial becomes this big, it actually gains more interest from all sorts of banks, restaurants, coffee shops, whole sellers, retailers and brands due to the sheer size of the market. Smaller commercial hubs have lower value in general and large commercial hubs have much higher value in general (when the market matures/plazas constructed and businesses establish). Small commercials might not have all brands, all banks and all eatries. But larger commercial hubs have a general presence from very major chain of business.

So its time to enjoy for phase 7 commercial holders in general and cc4 holders in particular :)

Iftikhar Afzal replied on Friday, May 13, 2016 08:15 PM PST 

Mr P7 & Shah, Please tell us how many residential plots are there in phase 7 ? Which other neighboring colonies can be dependent on these 700 plazas? Thanks

Junaid replied on Friday, May 13, 2016 09:17 PM PST 

Phase 7 residential has around 29,000 kanal plots and is one of the largest after the addition of new cutting areas then there is proper 18 hole Golf club Defence Raya 1350 kanal, knowledge park with around 9 universities, kidney and liver center etc.

Iftikhar Afzal replied on Friday, May 13, 2016 09:47 PM PST 

Shah Sahib, do not you think knowledge park will have its own commercial area which will meet its needs ? knowledge park is a Punjab Govt project which will carter for all its requirements. If it is so than ? Actually i was thinking that this much commercial area of phase 7 is too much for its needs.

Shah replied on Friday, May 13, 2016 10:57 PM PST 

Iftikhar bhai
If your look at the google image, the land reserved for knowledge park is hardly enough to cater to multiple universities let alone a big commercial centre within that land. If anything other than actual university campuses is to be built here, govt would (or at least should) plan for hostels with maybe few shops like fruit shops/tandoors etc but brands and coffee shops and banks and entries can't be built here unless govt is planning for only a couple of universities here (in which case this is not a knowledge park by definition but just a couple of university projects that I highly doubt).

Just compare the PU area or LUMS area on google map and then compare it with the land available next to phase 7 Z block. Remember to discount the land where kidney centre is now already being built and you will get an idea of how much land is actually left for universities.

Also remember that a road is planned next to BRB with entrance from bark road next to CC4 all the way to rohi nala as per last year news given by CMY. This should be the most direct and convenient route to this knowledge park.

There is a reason phase 7 commercial went from 160 in Jan this year to 250 in 4 months :)

Iftikhar Afzal replied on Saturday, May 14, 2016 03:02 AM PST 

As per http://hed.punjab.gov.pk/lahore-knowledge-park area reserved for the knowledge park is 852 acres or 6816 kanals. I think this much space would be enough to build at least 8 to 10 university level educational institutions along with all allied facilities. The knowledge park buildings would be at least 4 to 6 storied. Old timer universities were built horizontally on large spaces but now the trend is upward or vertical where less space is required.

Reborn® replied on Saturday, May 14, 2016 04:55 AM PST 

DHA phase 3 commercial is catering to half of the lahore not only phase 3 residents, you never know Phase 7 can be that big too. :)

P7 replied on Saturday, May 14, 2016 05:05 AM PST 

@
Iftikhar Afzal
Are you a property dealer if yes than i can understand your sentiments towards Phase 7

Junaid replied on Saturday, May 14, 2016 07:00 AM PST 

I have heard from a property dealer though don't know how correct it is that there is planned food street besides CCA-4 Phase 7 between BRB canal and CCA-4, empty space that can been seen in map
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(73290)
Friday, May 13, 2016 02:09 PM PST 
Dha prisom B block

Dha Prism-B Block is a most ignored block having more than 50% excluded area. This cannot be developed till clearance of such areas. All plot holders in this block are on risk. They have been trapped by Dha.
I think that we should stop paying development charges till things are settled. Best wishes for B block plot holders

prism Block B holder replied on Friday, May 13, 2016 02:11 PM PST 

Hehehehehe

prism Block B holder replied on Friday, May 13, 2016 02:14 PM PST 

B block is ajacent to M block phase 5 where plot
prices are 160-165 lac. Its just matter of few months Block B will equalize M block phase 5 prices. Wait and watch

Zafar Shah replied on Friday, May 13, 2016 02:23 PM PST 

Yes this block has been made in haste, having so many flaws in laying its plan.Even its main road is not complete. In fact Block B is a Prison. We should strive to get out of it ASAP. So
It is better to stop paying D.Charges and wait & see.

buyer replied on Friday, May 13, 2016 02:58 PM PST 

Respected Khurram zafar sahib and zafar shah sahib if you hold plots in B block prism and have intention to sell please comment below and we can meet in LRE office as i would be interested in buying. Thanks

buyer replied on Friday, May 13, 2016 02:58 PM PST 

Respected Khurram zafar sahib and zafar shah sahib if you hold plots in B block prism and have intention to sell please comment below and we can meet in LRE office as i would be interested in buying. Thanks

Ashfaq® replied on Friday, May 13, 2016 03:03 PM PST 

Sector B is hidden gem of Prism.

Maj. Aanjum replied on Friday, May 13, 2016 03:10 PM PST 

More probably if dha could not settle the flaws in this block, all plot holders will be accommodated in others blocks. I am also not comfortable with the discussions of dha officials. There is something fishy fishy. Allah pak save us from all hazards.

Zafar Shah replied on Friday, May 13, 2016 03:37 PM PST 

@buyer.. My dear,pl note that I only sought advice from u friends that under the prevailing circumstances, we should pay Dev. Charges or not. I invested in Dha 9 prism not for some business but only to have my dream house there.
Any how I welcome ur offer and
contact u first through LRE if needed . Thanks and regards

buyer replied on Friday, May 13, 2016 03:49 PM PST 

@zafar shah sb. Ok no problem thanks for your concern and All the Best

Ahmad786® replied on Saturday, May 14, 2016 01:33 AM PST 

See map, you are totally mistaken. In worst case you will get access from askari as by law you will get right of way and imagine being part of askari Xi :).
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(73289)
Friday, May 13, 2016 01:57 PM PST 
Dha prisom B block

Development Charges
As B block of Dha 9 Prism is most ignored and is also a step child, should we discontinue depositing installments of Dev. Charges till its fate is cleared??
In map, its lay out/plan has so many flaws, which shows that this was created in haste. To me this sector is a trap to imprison innocent investors. They are confused what to do.in the presence of more than 50% Excluded area, how its development can occur. How its main road can be straighten???
So all plot holders in this b block of dha9 prism should stop paying D.Charges.

Ekrar® replied on Saturday, May 14, 2016 12:08 AM PST 

Khurram, this is not the solution.....YOU will have to pay penalty then! ...YOU MAY EITHER GO TO DISPOSE IT OFF N BUY SOMETHING IN OTHER BLOCK ?
ELSE
Pray to ALLAH ...when B block will be developed, it will be closest to other DHA phases, so will be most valued !


GOOD Luck for your plot!

Ahmad786® replied on Saturday, May 14, 2016 03:40 PM PST 

B block is right beside Askari XI which is already developed. You can guess its value. By law B Block will get passage through Askari XI as there is law of Right of Way. Donot confuse yourself or pose as if you are confused :)
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(73288)
Friday, May 13, 2016 01:57 PM PST 

I have some question regarding on ground and off ground plots issue in Bahria Town. I hope UPN team can answer it better.

When buying how one could know if it is on ground and off ground plot, whereas on the map all plots numbers are mentioned.?
Many plots in orchards is also have issue of off ground and on ground.

Second, in sector F ( Bahria canal side)all plots in Alamgir & Sheikh sadi block are on ground or not.?

Also Where is Aziz bhatti & Tariq bin ziyad sectors. Is land exist for these blocks.

hassan07® replied on Friday, May 13, 2016 02:08 PM PST 

I tell you a secret, try visiting plot before purchase to see its on ground or off ground.

If cant visit send someone trust worthy to visit on your behalf, its the most secured method.

Kureshi® replied on Friday, May 13, 2016 08:54 PM PST 

Hassan , yar itna bara raaz fash kar dia apney !!!
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(73287)
Friday, May 13, 2016 01:53 PM PST 
Bahria Town

I have some question regarding on ground and off ground plots issue in Bahria Town. I hope UPN team can answer it better.

When buying how one could know if it is on ground and off ground plot, whereas on the map all plots numbers are mentioned.?
Many plots in orchards is also have issue of off ground and on ground.

Second, in sector F ( Bahria canal side)all plots in Alamgir & Sheikh sadi block are on ground or not.?

Also Where is Aziz bhatti & Tariq bin ziyad sectors. Is land exist for these blocks.

dubai replied on Friday, May 13, 2016 11:26 PM PST 

off ground which dont exist physically but only on map. on ground which yu actually can go and see or under construction

dubai replied on Friday, May 13, 2016 11:30 PM PST 

alamgir block development has just started so picture is little bit better but not clear whether they have all land in hand to develop or not. sheikh saadi is off ground while azzizz bhatti and tariq bin zayad are only names with neither any
location nor any map. they balloted the remaining files under these two new blocks. its actually little bit safer to go for alamgir block out of all these options if yu are mulling to buy there
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(73285)
Friday, May 13, 2016 04:08 AM PST 
Advice Needed

I want to invest 50 lac I am considering following 2 options
Bahria orchard 8 marla
Dha 9 10 marla file
Plz comment
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(73284)
Friday, May 13, 2016 01:26 AM PST 
question

Why overall lahore property increasing day by day every ehere.
its my maasumana question.do coment
from january price increse is 15%

AHMAD HASSAN® replied on Friday, May 13, 2016 01:50 AM PST 

This happens every year before budget.
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(73282)
Thursday, May 12, 2016 10:58 PM PST 

Experts, what is the reason IVY green is keep on icreasirng every day but DHA 8 Broad way since long no change stand still on 300.

DHA Lahore Phase 8 IVY Green Commercial File 4 Marla For 242 Lacs Call +923224009766 Or +/05/2016
DHA Lahore Phase 8 Parkview Commercial File 4 Marla For 255 Lacs Call +923224009766 Or +/05/2016
DHA 8 Broadway Commercial (Not Available) File 4 Marla For 300 Lacs Call +923224009967, Or +/05/2016
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(73281)
Thursday, May 12, 2016 10:07 PM PST 
PRISM J

Dear Lre please assess current rate
phase9/J/596 5 marla thank you in advance



:h :h :h

AsimIrfan replied on Friday, May 13, 2016 02:39 PM PST 

Dear Sir,

Prism near J 596 is around 30 to 31 lacs included 1st installment paid


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

ASSESSMENT replied on Friday, May 13, 2016 03:20 PM PST 

Asim sb. Are you sure?

ASSESSMENT replied on Friday, May 13, 2016 04:58 PM PST 

29.50 lac ki file and H upper cutting plot at 30 lac? Bhai you should give fair assessment as we trust LR estate very much

ASSESSMENT replied on Friday, May 13, 2016 05:00 PM PST 

J upper cutting*

hassan07® replied on Friday, May 13, 2016 05:52 PM PST 

@ ASSESSMENT

Bro, Please get this evaluated by other dealers as well. LRE provide assessment of the plot based on usual market conditions. when you will offer for sale, you gonna get definitely high.

Try to
contact Mr Fawad as well of LRE.

ASSESSMENT replied on Friday, May 13, 2016 06:14 PM PST 

Hassan bhai i would be doing that because here assessment is not correct i believe but it was matter of evaluation through most trusted estate though

Strange Assesment replied on Saturday, May 14, 2016 12:32 PM PST 

30 lacs with 1st installment paid in j upper cutting non boundary plot !! Strange evaluation when file is trading at 29.5 lacs. Would be more then happy to buy on this price.

ASSESSMENT replied on Saturday, May 14, 2016 02:45 PM PST 

Its around 37 lac minimum according to two dealers in T block phase 2 but i wanted a say on my plot from LRE too:-(
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(73280)
Thursday, May 12, 2016 10:00 PM PST 
Evaluation phase 7 commercial

Ad Type
City
Scheme
Phase
Block
Plot
Size
Dealing
Lahore
DHA
7
CCA-1
63
4 marla
Dear Salman Maqsood/LRE team can you please evaluate current market price of 4 marla phase 7 commercial plot no. 63? Thanks

LRE® replied on Friday, May 13, 2016 02:40 PM PST 

Dear Sir,


Phase 7 CCA-1 near 63 can be sold around 280 to 285 lacs


SALMAN MAQSOOD
+923224009967
LAHORE REAL ESTATE
EMAIL:INFO@LREPK.COM
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(73279)
Thursday, May 12, 2016 09:14 PM PST 
Dha Rahbar Extension Affidavit Files--Expected Balloting date

Ad Type
City
Scheme
Phase
For Sale
Lahore
DHA rabhar 2 Extension
2
Dear LRE Team

Please inform expected date of balloting of Dha Rahbar Extension Files. Please also inform about its exact location.

Regards
Yasir
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(73277)
Thursday, May 12, 2016 07:51 PM PST 
Phase-9 Ext. another booster

Where the hell is Kid Ekrar ?
Can't you see another booster to 9 Ext.
10 marla file @ 40 lacs and 2 months ago it was 30.5 lacs.
Ekrar I feel sorry for you and your logics all went down the drain!

Ekrar2 replied on Thursday, May 12, 2016 09:01 PM PST 

Everybody has his own opinion so respect that. Who knows when this market shifts to another
location, which could result in a chaotic situation in prism, btw he is not alone in saying that prism plots are overpriced.

Request replied on Thursday, May 12, 2016 09:09 PM PST 

@Awais, please stop continuing this Twaddle.

Muhammad Ayyaz® replied on Thursday, May 12, 2016 09:20 PM PST 

again and again repeating, look like to be childish behavior

Jk replied on Thursday, May 12, 2016 09:40 PM PST 

Awais your behavior is very childish and immature.

Awais Ibraheem replied on Thursday, May 12, 2016 11:30 PM PST 

I want Ekrar's baseless logics to see how he nullifies this upward trend in
9-ext.

Jk replied on Thursday, May 12, 2016 11:44 PM PST 

Awais what are you trying to prove that you are smarter than him. I am sorry but you are being ridiculous and immature. You never know if 9-extension will have downward trend in coming months. We expect people to show some maturity on this platform. If you know his logic baseless than keep that up to yourself. At this point your posts seems to be baseless to all of us.

Salaman679 replied on Friday, May 13, 2016 08:52 AM PST 

I think CMY/administrator needs to take care of ''Mr.Awais Ibraheem'' stupid posts.He is spoiling beauty of that forum.

Awais Ibraheem replied on Friday, May 13, 2016 12:37 PM PST 

@ JK : who the hell are u to stop me from giving my point of view ?
Keep your foolishness to yourself!

Awais Ibrahim replied on Friday, May 13, 2016 02:05 PM PST 

Everybody here us foolish and baseless except the all great Awais Ibrahim lolz.

Muhammad Ayyaz® replied on Friday, May 13, 2016 02:34 PM PST 

It isn't your point view but it is repeating same thing again and again on daily basis.

JK replied on Friday, May 13, 2016 03:11 PM PST 

I am the boss of all foolish people

IjazIqb replied on Friday, May 13, 2016 07:09 PM PST 

I am also following this site since I purchased a 5 marla prism file. I had purchased in 18 lac just over 2 years back.

If you check all the posts by Ekrar, you will see he was always saying Phase 9 is about to crash and everyone in Phase 9 will loose money, but I never ever seen downward trend and now my plot in J block is touching 35, so I have doubled my amount in less than 3 years.

At one stage, I was disappointed reading Ekrar's post and was thinking to sell my file, but thanks to almighty ALLAH, I did not sell it. After reading his continuous negative and against the facts posts, I found Ekrar a bad analyst.

He should stop posting here as several persons must have lost money because of his bad analysis.

Yes, everyone has his opinion, but if your opinion is continuously causing lose to general public, then you should keep your opinion to yourself. My sincere advice to Ekrar will be to stop analyzing property as your analysis skills are very poor.

Adeel khan replied on Friday, May 13, 2016 07:30 PM PST 

Fully agree. .
Answer to everything which Ekrar's stupid analysis did with innocent people money who fell in his trap !

Ekrar® replied on Friday, May 13, 2016 11:41 PM PST 

@IjazIqb.... I never said anything wrong about phase 9 .....
DISTINGUISH BETWEEN PHASE 9 n PHASE 9-EXTENSION!!!!

PHASE 9-EXTENSION IS DIFFERENT FROM PHASE 9 PROPER....n PHASE 9-EXTENSION is bound to touch 35 / kanal.... search through all my previous posts whether I said anything wrong about phase 9? ....



Anyways, IjazIqb n Adeel khan...sorry if you could not read my point of view properly !!!!
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