Lahore Real Estate Forum: Property News & Community Talk : Discussion Property News & Community Talk

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(72710)

Third Umpire

Tuesday, April 26, 2016 02:09 PM PST

Reply:

Kindly give me current value of one kanal plot of phase 9

H - 679

Thanks.

LRE� replied on Tuesday, April 26, 2016 02:24 PM PST

Dear Sir,

Prism near H 679 is around 75 to 77 lacs included 1st installment paid

Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com

(72709)

ali

Tuesday, April 26, 2016 01:45 PM PST

Reply:

Ad Type

City

Scheme

Phase

Block

For Sale

lahore

dha

phase 8

Dear LRE team, Aoa pls tell me the price of 15 marla plot in dha phase 8 ex air avenue lahore p block .Thanks

(72708)

Amir

Tuesday, April 26, 2016 01:25 PM PST

Reply:

DHA Multan

Dear LRE Team, I intend to buy DHA Multan file. Earlier i read one post from LRE saying that only files until Jan 31 will be the part of phase 1. My question is if i buy the file now it will not be included in phase 1? Seeking your guidance. Thanks

(72707)

M block

Tuesday, April 26, 2016 12:37 PM PST

Reply:

Dha prism 709M 1 kanal. current value - and expected value in 3 yrs. sell or hold? Thanks!

LRE� replied on Tuesday, April 26, 2016 01:52 PM PST

Dear Sir,

Prism near M 709 is around 57 to 58 lacs included 1st installment paid

sell this plot

Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com

m block replied on Tuesday, April 26, 2016 02:39 PM PST

THANKS

(72706)

umair

Tuesday, April 26, 2016 12:28 PM PST

Reply:

Any latest update regarding nfc2 Election

umerjee replied on Tuesday, April 26, 2016 01:23 PM PST

postponed due to stay order from highcourts

(72705)

PAKMAN

Tuesday, April 26, 2016 12:21 PM PST

Reply:

Legal value of token

Ad Type

City

For Sale

Lahore

One of my relatives accepted a token for a plot from a dealer. Later his friends/relatives advised him not to sell the plot as prices are increasing. He then decided to cancel the deal and is willing even to pay double the amount of token. However the dealer has threatened with a case. What is the legal position of that token. The receipt was only written at the back of one of the documents related to the plot in hand writing?

mousa replied on Tuesday, April 26, 2016 12:49 PM PST

Better to get double other wise noting u can do through court,

Rai replied on Tuesday, April 26, 2016 01:30 PM PST

Maximum loss is returning double the token amount. Thats it.

ahsan2 replied on Tuesday, April 26, 2016 06:05 PM PST

he can't do anything ! simply ask the dealer to do whatever he can. simply just ignore him , after few days he will request you to return the actual token only.

(72704)

SAK

Tuesday, April 26, 2016 06:28 AM PST

Reply:

DHA PHASE-9 EXTENSION

Can anyone make a smart anticipation about the ballotting of phase 9 extension. Thanks

tallat replied on Tuesday, April 26, 2016 11:18 AM PST

10 years

(72703)

Prism

Tuesday, April 26, 2016 05:11 AM PST

Reply:

Evaluation

Ad Type

City

Scheme

Phase

Block

Plot

Size

For Sale

Prism

DHA

1368

LRE: Evaluate please.

LRE� replied on Tuesday, April 26, 2016 01:53 PM PST

Dear Sir,

Prism market value near H 1368 is around 80 to 85 lacs included 1st installment paid

Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com

(72702)

Mohammad Iqbal mallick

Tuesday, April 26, 2016 02:41 AM PST

Reply:

Government officer�s co-operative housing scheme, Raiwind Road Lahore.

Aoa
Can someone update the status of Government officer�s co-operative housing scheme, Raiwind Road Lahore.

Shakeel replied on Tuesday, April 26, 2016 06:03 PM PST

It is an unfortunate society ..only meant for loot khasoot by management

Syed ANZ replied on Tuesday, April 26, 2016 07:23 PM PST

Salaam brothers,

The location of this Government officers society looks good on the map. Any brother or LRE please share it's worth and prospects.
I am also interested because of its location but know nothing as it doesn't carry a brand name as such.

Thank you all for comments in advance.
Sincerely, Syed

Umer replied on Tuesday, April 26, 2016 10:47 PM PST

Block A of the society is good for investment.

Al e Naqvi replied on Wednesday, April 27, 2016 05:57 AM PST

C and D blocks very hot location

(72701)

Amir

Tuesday, April 26, 2016 02:36 AM PST

Reply:

DHA Multan

Dear LRE Team,

I am living overseas and want to buy DHA Multan File. I read LRE post earlier that file transferred till JAN 31 2016 only will be included in Phase 1 which will be developed earlier.

Does it mean that if i buy the file now it will not be the part of phase-1.

Your expert opinion please.

Thanks. :h

Ejaz_EJ� replied on Tuesday, April 26, 2016 12:16 PM PST

Dear Amir,
actually DHA issued a notification that they will stop buying land for phase 1 starting from Jan. 31, 2016 it does not mean that files issued after that will not be included in phase-1.

All files issued till date are related to phase-1 as phase 2 is not yet started.

it might possible that all files will not be included in first ballot, but will be for phase-1.

each 2-3 months mini ballots will held and all current files will get plots in Phase-1

Small Investor replied on Tuesday, April 26, 2016 12:54 PM PST

is it wise to enter DHA Multan now or we should wait a while till they officially announce the project ?

khalid replied on Tuesday, April 26, 2016 04:38 PM PST

Today rate of file on dha website is 33 lacs.
It was 32.50 lacs earlier.

(72700)

Fairpoint

Tuesday, April 26, 2016 01:27 AM PST

Reply:

Fast pace development promise

Ad Type

Scheme

For Sale

Prism

If it takes one year for DHA to despatch prism intimation letters,

How long will it take it to develop thousands of acres?

Fairpoint replied on Tuesday, April 26, 2016 01:31 AM PST

Am amazed at the optimism of people hoping to get possession in three years.

I mean, Seriously!!!

For God sake, try to see thru the illusion of marketing haze...

Its way way over priced already...

Iftikhar Afzal replied on Tuesday, April 26, 2016 03:43 AM PST

Who is hoping for possession in 3 years? We r hoping for dev completion in four years (in feb 20) & block by block possession in next two years to be completed in feb 22 (Inshallah). You looks a voyager who surely missed his shuttle. Do not be dishearten. There will be occasions when you can be benefited if you keep your mind broaden and hope for the best for others.

Fairpoint replied on Tuesday, April 26, 2016 04:29 AM PST

Yar prism holders ko ye kua khush fehmi balkay ghalat fehmi hai k sub yahan invest krna chahte hain??

Bhai har sawal ka jawab "missed the train" nhi hota kabhi tou logical answer bhi dia karo.

Anyway khush raho. No hard feelings. :-)

Only time will tell.. And i honestly hope dha does better than its track record this time by delivering a phase before yen years.

abd replied on Tuesday, April 26, 2016 07:05 AM PST

@ iftikhar afzal
feb 22 means almost 7 years from ballotting date.
and still it is fast track?

Jk replied on Tuesday, April 26, 2016 07:40 AM PST

You will get the Possesion in prism in about 15 years at least. Your next generation will get to see the fully develop prism. People don't realize there is still huge phase 6,7 and 8 to be develop which will at least take min 10 years to develop than prism turn will come.

fed up replied on Tuesday, April 26, 2016 02:44 PM PST

Yar fairpoint roz ek he rona ratta lagaya hua hai tu ne if prism does not suit you simply do not buy it yeh roz roz ka sayapa tou band kar bharway

fed up 2 replied on Tuesday, April 26, 2016 02:52 PM PST

JK and fairpoint is the same person using different IDs

Jk replied on Tuesday, April 26, 2016 09:32 PM PST

Yes you are right. we have the same realistic approach based on facts

Tala replied on Tuesday, April 26, 2016 10:49 PM PST

Uff guys Dha 7 is the worst ever. People living there will be outcasts. So prism lovers are u happy. Stay happy

Jk replied on Tuesday, April 26, 2016 10:57 PM PST

Lol. Thanks Tala.

L Siapa replied on Wednesday, April 27, 2016 02:58 AM PST

Is prism a good investment

Prism replied on Wednesday, April 27, 2016 04:10 PM PST

The day before yesterday, I passed through the road along with rohi drain and saw the road compaction work on main 150 ft. road of prism. Perhaps, its the road linking oval complex and rohi drain (just my wild guess because of Nishat Dyeing factory). My apologies as I couldn't take photographs because of the trafic mess infront of the factory.

The DHA will be able to complete the work within given time or not that's what time will tell. What seems very clear is DHA is trying its best.

(72699)

Habib

Tuesday, April 26, 2016 12:51 AM PST

Reply:

DHA phase 9 price direction

will experts or people with recent slae and puchase will discuss with is price direction, of an avergae plot in Prism,

Few days back my friend got estimate of a Plot which is On back on Main 1500 feet road Corner in Upper cutting F Block near school and estimate of 70 was given, If that is true then price has reversed, As such a plot was about 75 to 76 lac 2 months back

Zain replied on Tuesday, April 26, 2016 01:00 AM PST

O bhai i'm unable to lock a reasoable deal in prism in upper blocks for the last 2 weeks as every time sellers run away once i meet their demand and you saying prices reversed??

Jk replied on Tuesday, April 26, 2016 01:00 AM PST

Currently people consider Prism as liability with all the ongoing development charges. True Price will be determined after all dues will be clear in near future.

HassanHC� replied on Tuesday, April 26, 2016 01:11 AM PST

could be near to or almost at boundary and facing big high school, otherwise till date prices holding firm or improving as I am on tour in pak and met many dealers.

Zain Daniyal replied on Tuesday, April 26, 2016 01:56 AM PST

Dear Sir,

Is there any confirm 8marla on ground plot in Bahria Orchard's H or J blocks. I am crazy to purchase at any cost. UPN team, kindly let me know if any availability in your inventory.

Thanks much.

Kureshi� replied on Tuesday, April 26, 2016 02:58 AM PST

The one I bought in F block 8 months ago has shown appreciation of 28 lac.

For Good location plots there is no reversal as yet.

For Orchard , C and D block are the hottest. Truly they have gained 20 lac in last 3 months.H and J are also good but C block is the best.

MNQ replied on Tuesday, April 26, 2016 03:54 AM PST

there is no increase in prism as rates on LRE are same a last 4 months, same list of plots unable to sell

MNQ replied on Tuesday, April 26, 2016 04:01 AM PST

simplest of person can see the writing on the wall

more supply means less price leading to bubble bust of prism

MNQ replied on Tuesday, April 26, 2016 04:08 AM PST

Good news is that overpricing of Prism is driving the Ph7 prices up every day...thankyou prism investors

how on ground possession plots of Ph7 can be equal to 15 years prism plots

Answer this replied on Tuesday, April 26, 2016 04:52 AM PST

Answer one question why for all these years phase 8 increased more then 7 even IVY increased more then 7 even prism increased more then 7. Why only 7 looks left out why

Why DHA PHASE 8 which has no possession avg is 2 crore
Vs
DHA PHASE 7 with possession but near brb is 1 crore

That prices possession not only imp thing.

Jk replied on Tuesday, April 26, 2016 08:05 AM PST

Sir you will see just in matter of max 2 years phase 7 plots will cross 2 corors. There is lot going on in 7 including knowledge park, kidney center and many other project. Every one takes about brb canal which really could be weekend hang out activity far much better than drain followed across the prism everywhere you go. Phase 7 is the best investment at present

Tahir Lutfi replied on Tuesday, April 26, 2016 10:44 AM PST

@ MNQ I purchased 5 marla good / above avg location @ 27 lac in J block near 318 two months back
Now I am unable to buy another @ 33
The same increase is in R block
Ppl have made millions not only from prism but from many others schemes
U plz continue counting and be happy in ur paradise

Answer this JK replied on Tuesday, April 26, 2016 11:30 AM PST

JK I knew you will run away and will have no logical answer. Don't talk of future 2 years and making castles in air
Simple q I asked

Why only PHASE 7 has lost to all new sectors

PHASE 8 launched after phase 7 but more price them 7
IVY launched after phase 7 but already prices bearing phase 7 when just boundary done

Look I have not even mentioned PRISM yet.

Do you think ppl some how always forget 7. Reason is market knows every thing.

Jk replied on Tuesday, April 26, 2016 11:43 AM PST

Okay now please listen to my answer to your question which is logical and based on facts just not emotional love with Prism. Phase 8 better location and closer to airport than phase 7 which is why phase 8 is better than phase 7 otherwise phase does not have oil or gas mines. So this answer to one of your question. Phase 7 is a phase where people buy to build or plan to build house. They do realize that it is hardly 5 mins drive from phase 6 and 8 so they prefer it. Reason phase 7 prices are not over inflated because it is not hijacked by foreign investor from Dubai and locals. Sir with all do respect do you know that phase 9 prism prices are just artificially raised by investors especially from UAE where property value significantly declined and they end investing in Prism. How do I know bec data based on Dha office. Your third question. Prism will never be more than phase 7. Just wait 2 years when phase 7 plots will be much over 2 corors and prism prices will almost be same as today's price with all dues clear. It happened in phase 6 phase 5 as well and trust me prism is no different. It is simply a project which our kids or grand kids will see fully developed.

alia replied on Tuesday, April 26, 2016 12:37 PM PST

Can't agree more with jk,lots going on in phase 7 in next two years, slow and steady will win the race inshAllah.no one has missed the prism train it will stop on many stations in the next few years inshALLAH

Khan Baba replied on Tuesday, April 26, 2016 12:44 PM PST

JK has the some solid point about Phase 7 but Prism will go high too.

MNQ replied on Tuesday, April 26, 2016 12:58 PM PST

@JK best logical explanation on Ph7, ppl price of ph7 already in 1.5 range in 3 blocks where houses are being constructed and 1.2 in adjacent blocks, it is at the stage where ph6 was 6 years ago, if Prism train is so fast why hasn't it appreciated after so called wall. DHA9 town prices are stuck even after possession. ph7 is adjacent to ph6 and nearer vs prisim goes down the drain of ruhi naullah, hudaria drain and stench of tannery factories, vs ph 7 near to a canal soon people when visit in hot weather the prism will smell the difference

M Zahid� replied on Tuesday, April 26, 2016 01:06 PM PST

Habib,

I bought two plots in last few months and can tell you my experience is that there are not many clear plots less than 80 in the market.To prove my point i would insight that prism file price is on the increase and you will see a jump of 10 lac from current price in couple of month. For my last purchase i paid about 8 lac more than the asking price. I endorse Zain's point of few that as soon as you meet the demand then seller runs away and start asking more.
Here people start to curse prism who have missed the train that possession will be delivered in 15 years or 20. Those who are investors not home makers are not bother about when passion is delivered till work is started and progressing on good pace. Few things have changed in DHA over a decade when Phase seven was launched. DHA town planned and delivered, Phase 8 balloted in March 2012 and progressing with good pace. Ivey green is in progress and will not take 10 years like Phase 7. Market correction can happen along the path of delivery but with so many good things of Prism, it stands out of other Lahore projects, slump will not hit badly to it.

Answer this replied on Tuesday, April 26, 2016 01:15 PM PST

JK lol after 10 years of phase 7 if you feel it will compete with PHASE 8 or IVY or PRISM don't you feel as investors you have made bad decisions.

Still not too late switch so you will feel less angry towards other happening phase.

Ok one other stat last 5 years all sectors land fed and there prices have best phase 7

DHA PHASE 8 beat 7 avg price 2 crore
DHA EME beat 7 avg price 2 crore
DHA IVY beat 7 avg price 1 crore plus just launched last year
DHA RAHBAR beat 7 avg price 1.75 crore launched 5 years ago

no mention of PRISM yet 7 looks lower as a investment. Why because investors know where the action is. Now stop being complacent and sell and switch.

Szaidi� replied on Tuesday, April 26, 2016 05:19 PM PST

All phases of DHA LHR has given good return. When phase 7 was launched average price of file was 25 and now kanal plot price is 125. It means a gain of 500%. Who says it is a bad gain. Now obviously phase 9 is focus for investors and will make money with the passage of time. For people who want to build house in next 3-4 years phase 7 is a good choice for them because they cant do this in prism. But for investors who are not looking to build house in near future for them prism is an ideal place to multiply their investment.

Jk replied on Tuesday, April 26, 2016 09:46 PM PST

Okay Sir I will explain again. First I never said Phase 7 will beat phase 8. Phase 8 is pricy because it is closer to the airport etc as compared to phase 7 so you are paying a premium for the location not bec Phase 8 has gold mines. Secondly You talk about IVY. Please check the statistic data and prices again. IVY prices are not more than phase 7 but comparable to it. Reason? Because both of them have same comparable and distance from the airport. Now lets talk about EME and Rahbar. If you are a true lahorie than you should know why people choose to live in that location. Most of the people who live there I will say 75 percent of them living in Rahbar, EME area are NON-Lahorie who always dream of having a house in Lahore as well. They don't want to live in proper defense because they want it close to motor way. And the remaining folks are Tajarat community. Mechanisim of the market on that side of Lahore is very different than remaining Lahore. You are not comparing apples to apples. Now the third thing and I will like to make it clear. I never said Prism is bad project. All I am saying that Prism is very long term project 15- 20 years. AND Prism prices can never cross Phase 7 once dust settle down with all the on going charges in Prism. It is way overpriced and I do understand phase 7 might be under performing currently but in next 2-3 years prices will go up significantly high. Why. New shopping complex/apartments, Kidney center, Knowledge park, 5 mins away from phase 6 and 8 and 12 mins from the airport and lastly Phase 7 is a reality no future promises in maps which will take 20 years to come true.

Jk replied on Tuesday, April 26, 2016 09:59 PM PST

Sir I will also like to share that I have investment in Prism. Like I mentioned earlier I bought prism kanal files when they were 22 lacs each so it does not matter to me but I will NEVER spent 80 lacs or currently get in into Prism market right now at these prices. May be two years later when all dues are clear. Point is Prism has been very kind to me but that does not change the facts.

Tala replied on Tuesday, April 26, 2016 10:58 PM PST

To all prism lovers Dha 7 is worst of the worst investments. If that makes you happy

Jk replied on Tuesday, April 26, 2016 11:22 PM PST

Here is the answer Sir - These are not excuses but FACTS . Not just mine but everyone opinion who is not emotional about Prism. I could say the same about Prism that Prism is not our kid either. Sir like I mentioned I already have investments in Prism and Phase 7. You are telling someone that I am not a good investor who bought Prism kanal file for 22 lacs and Phase 7 file for 26 lacs. Please re think Sir. If you are going to have a conversation based on logic and facts I can continue this discussion but if you are just un realistic talk about long term 15 years paper plan than I cant help. I answered to every single scenario you asked in your previous email and you asked me the very same questions again. I suggest you read my previous mail again. Sir IVY is a project which is almost neglected by people and DHA is doing everything they could to promote it because of its poor location. Sir you cant compare Rahbar/EME side of Lahore with Prim or 7. I explained that as well. You think Prim is going to cross Phase 7 prices I cant argue but I will never invest in Prism "Fairly tale" project at these prices or even recommend anyone.

answer this replied on Tuesday, April 26, 2016 11:49 PM PST

ok you are in denial mode so please never sell 7 plot and wait for there time to shine like for last 10 years you have been doing.

In the mean time thank you for your free advise but no thanks.

Iftikhar Afzal replied on Wednesday, April 27, 2016 12:17 AM PST

@ JK Please sell ur plots in prism and do invest that amount in ph 7. Surely u will be benefited more. Carry on with good job & do not waste ur time and money in a 15/20 years long term paper plan. Good wishes for the best investment in coming days.

Jk replied on Wednesday, April 27, 2016 12:43 AM PST

Sir My Prism kanal plot is already in the market and I plan to buy inshallah another plot in phase 7. I am not in a denial mode but in "lets face the reality" mode. Through out my conversation I never said Prism is a bad project. All I said it is good investment for our next generation when Lahore will be so congested in 15-20 years people will not even mind living next to the drain.

Jk replied on Wednesday, April 27, 2016 12:56 AM PST

Respectfully "answer this" you seriously remind of my ex-wife.

Chaudry replied on Wednesday, April 27, 2016 03:33 AM PST

Jk I can see y your ex wife left u haha

Jk replied on Wednesday, April 27, 2016 03:45 AM PST

lol. Chaudry Bhai you are a smart man you know already..Now you know why I don't like Prism. Just lots of on going high development charges with lots of future promises and future is not clear at all.

Reborn� replied on Wednesday, April 27, 2016 05:14 AM PST

Been to ivy few months back. JK is right, location is not good at all.

Jk replied on Wednesday, April 27, 2016 05:43 AM PST

thanks Reborn. I went to see IVY all the way from New York. Location is horrible. All you see is just one sign on IVY green with no roads. Infact you cant even take your car and one of my dear friend was debating with me earlier that prism will be developed in 4 years.

Jk-daddy replied on Wednesday, April 27, 2016 07:31 PM PST

Jk stand for Jhoota Kaanjar

Jk replied on Wednesday, April 27, 2016 08:45 PM PST

Jk-daddy you can use whatever language you like. It does not bother me..lol

(72698)

dubai

Tuesday, April 26, 2016 12:33 AM PST

Reply:

Ad Type

City

Scheme

Phase

Block

Plot

Size

For Sale

lahore

bahria orchard

lco

526

8 marla

dear team UPN kindly evaluate
regards

UPN replied on Tuesday, April 26, 2016 03:00 PM PST

Dear Dubai,

The current value of your plot is around 50 lakh.

Best Regards,
Universal Property Network
(affiliated with Lahore Real Estate)
22 A, Main Boulevard Commercial
(In Front Of Roshaan Center, Near Green Pharmacy)
Sector C
Bahria Town, Lahore
+ (Whatsapp Text)

email:

(72697)

tahir

Tuesday, April 26, 2016 12:20 AM PST

Reply:

investment in on ground plots of Bahria Karachi

Ad Type

City

For Sale

Lahore

Some one is requested to through some light on Bahria Town Karachi
Althoug BT has some bad rapu in files however it's on ground possession or near possession plots often give good return

I think people r much busy in Lahore and some one may invest in BTK for slow but sure gains in on ground plots

Kureshi� replied on Tuesday, April 26, 2016 03:00 AM PST

There in 23 lac RS"ON" in precint 8 plot of 10 Marla . total price is 28 lac and uptil now only 18 lac is paid.

BTK is a hidden gem

Waji� replied on Tuesday, April 26, 2016 04:02 PM PST

I bought plot during overseas book and allotted plot in Precinct 1 street 32... Mr Kureshi or some one please update me current ON for Precinct 1 plot... so far 8 installment paid.

Thanks

Kureshi� replied on Wednesday, April 27, 2016 02:39 AM PST

Waji Sb , I am Lahore based and not a dealer. But you can get this info from UPN. If not I can give u khi numbers where u can get your assessment.

Precinct 1 sounds like a goodblocation.

(72696)

Rana Khurram

Monday, April 25, 2016 11:18 PM PST

Reply:

Ad Type

City

Scheme

Phase

Block

Plot

Size

For Sale

lahore

dha

phase 9 prism

1743

5 Marla

Please evaluate dha phase 9 5Marla R 1743.

AsimIrfan replied on Tuesday, April 26, 2016 01:30 PM PST

Dear Sir,

Prism near R 1743 can be sold around 32 to 33 lacs included 1st installment paid

Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com

(72695)

Ahmed

Monday, April 25, 2016 10:54 PM PST

Reply:

Stamp Duty on Hiba and Foreign Citizen

Ad Type

City

Scheme

Phase

Block

Size

For Sale

Lahore

DHA

1 Kanal

Hello
I am a USA citizen. My father just gifted me a 1 kanal plot as Hiba transfer at DHA Lahore in Phase 7. Do I as a foreign national have to pay Stamp Duty, and if so how much it is on one kanal? Thanks

:pkf :pkf :h :h :pkf :pkf