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

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(72664)

Masood

Monday, April 25, 2016 10:09 AM PST

Reply:

Ad Type

City

Scheme

Phase

Block

Plot

Size

Features

Cur. Rate

Lahore

Fazaaia

1 Kanal

Corner

Hello LRE,
Can you please give me current value of my plot.
Thank you

LRE� replied on Monday, April 25, 2016 02:57 PM PST

Dear Sir,

FAZAIA Phase 1 near E 82 is around 105 to 108 lacs

Mian Waqas
Lahore Real Estate
+
Email:INFO@LREPK.Com

Tipu� replied on Monday, April 25, 2016 08:32 PM PST

Dear LRE..

Pls update prices for Fazaia I as per your evaluation in daily price update..where one Kanal is still 70 to 100 lakhs..

(72663)

Masood

Monday, April 25, 2016 10:06 AM PST

Reply:

Plot pricing

Ad Type

City

Scheme

Block

Plot

Size

Features

Cur. Rate

Lahore

Bahria orchard LCO

612

8 Marla

Corner

Hello LRE team,
Can you please tell me current value for my Bahria Orchard Low cost scheme.
Thank you

UPN replied on Monday, April 25, 2016 03:00 PM PST

Dear Masood,

The current value of your plot is 42 to 43 lakh.

Regards,
Universal Property Network(UPN)
(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:

(72662)

abd

Monday, April 25, 2016 08:58 AM PST

Reply:

dear all

the first ad abouot prism ballotting appeared in
newspapers on 1st may 2015. that there would be fast
track development which would take approximately 3
years. now almost one year is gone. where is the fast
track development.

Khan Baba replied on Monday, April 25, 2016 12:50 PM PST

at least 10 to 15 years as per previously record.

abc replied on Monday, April 25, 2016 12:58 PM PST

Still people are waiting for development charges letter?

Umer replied on Monday, April 25, 2016 02:52 PM PST

Dear Brother.. I am also customer like you but fast track infrastructure has been started. Pictures are available on different website. People who visited recently told that boundary wall on different block almost completed. Company who got the contract also told that they have to complete within 3 years. DHA lean the lesson from previous mistakes....

SubCon replied on Monday, April 25, 2016 03:14 PM PST

@abd: A year has gone by and even the boundary wall is not complete. So people expect that in 3 years, all roads, infrastructure, parks will be completed. If DHA develops even one block fully in 3 years and gives possession, I will consider it an achievement. Glad I bought plots in the upper blocks!

Surfer replied on Monday, April 25, 2016 09:52 PM PST

@ All yes you all are right that balloting is has done one year ago in May end 2015. But @ All development is just starts in february 2016. So @ All wait till alleast February 2019. Yes Umer Dha has learn a lot from its previous mistakes now time to prove. Fast track developments proves to be a new era of development for PRISM prisoners. "In sha ALLAH".
@ SubCon very lucky to got plots in upper blocks. Best of Luck @ All

(72661)

Usman

Monday, April 25, 2016 06:50 AM PST

Reply:

PRICE EVALUATION

Ad Type

City

Scheme

Phase

Block

Plot

Size

Road

Demand(Rs)

Features

For Sale

Lahore

DHA

Z-2

1146

1 Kanal

Corner

Please can you advise what is current market value of this plot. What are prospects? Thanks

LRE� replied on Monday, April 25, 2016 01:48 PM PST

Dear Sir,

Phase 7 Z2 near 1146 the market value is around 90 lacs

Khadim Hussain
Lahore Real Estate
+
Email:INFO@LREPK.Com

(72660)

Muhammad

Monday, April 25, 2016 05:43 AM PST

Reply:

Evaluation of property

Ad Type

City

Scheme

Block

Plot

Size

Cur. Rate

Lahore

Air Avenue

141

21.5 M

I am going to buy this plot kindly tell me its maximum worth.

LRE� replied on Monday, April 25, 2016 03:04 PM PST

Dear Sir,

Air Avenue near P 141 no standerd corner plot is around 150 lacs

Ch Saeed
Lahore Real Estate
+923224333661
Email:INFO@LREPK.Com

(72659)

Ahmed

Monday, April 25, 2016 04:21 AM PST

Reply:

When will ring road construction start?

raza replied on Monday, April 25, 2016 04:05 PM PST

Ring road construction start now

Ahsan replied on Monday, April 25, 2016 04:36 PM PST

Its not started yet. Govt delaying it

Waseem� replied on Monday, April 25, 2016 10:23 PM PST

Punjab Govt main focus is on Orange line train & all funds are diverted to this project. The only offer was from NLC on BOO (Build Operate Own) basis which is also delayed.

(72658)

Monday, April 25, 2016 02:36 AM PST

Reply:

PRISM 1 K PRICES

Dear LRE Team, can you please help to provide me price of these 3 plots in DHA Ph-9 Prism: C-1303, H-667 and H-246. Thanks a lot.

LRE� replied on Monday, April 25, 2016 02:24 PM PST

Dear Sir,

Prism near C 1303 the market value is around 85 to 87 lacs included 1st installment paid

Prism near H 667 the market value is around 90 lacs included 1st installment paid

Prism near H 246 the market value is around 86 lacs included 1st installment paid

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

(72657)

Ahmad786�

Monday, April 25, 2016 01:38 AM PST

Reply:

Please evaluate H64 Fazaia 1

LRE� replied on Monday, April 25, 2016 02:58 PM PST

Dear Sir,

FAZAIA phase 1 near H 64 can be sold around 98 to 100 lacs

Mian Waqas
Lahore Real Estate
+
Email:INFO@LREPK.Com

(72656)

a qureshi

Monday, April 25, 2016 01:09 AM PST

Reply:

phase 7 and 8 possession

got one plot in dha lahore, phase 8 (s block) and phase 7 (Y block)

any idea when possession is expected as I am always told its just around the corner but ........

(72655)

Adnan Aamir

Sunday, April 24, 2016 11:43 PM PST

Reply:

Dear All please tell me What is the final destination of Lahore Ring Road ..Means where it will be stopped..?

Maybe replied on Monday, April 25, 2016 12:28 AM PST

Somewhere close to Raiwind Road.

Ah replied on Monday, April 25, 2016 01:19 PM PST

It's even not up to Multan road nfc2 entrance, but also it will go west of Multan road.

Adnan Aamir replied on Monday, April 25, 2016 06:09 PM PST

thanks a lot Ah brother...can you plz tell me the point west of multan road..?

Loyal Pakistani replied on Tuesday, April 26, 2016 01:09 AM PST

It has three phases. But yet it will finish near ada plot raiwind road. Phase 3 of LRR is pending. But it will complete in time when IK stop disabling govt.

Ah replied on Tuesday, April 26, 2016 01:35 AM PST

Lahore Multan motor way under construction in West of RAVI,there is a big inter change West of RAVI opposite to ring road.

Adnan Aamir replied on Tuesday, April 26, 2016 02:26 PM PST

Thanks Dear Brothers...

(72654)

aamer

Sunday, April 24, 2016 11:40 PM PST

Reply:

Hi dear all
Actually this is not property related issue,, but important to all of us specially (for overseas Pakistanis) who do their transactions through banks ,to settle realestate payments.

the banks (govt tax imposed) charging .6 percent to withdraw cash ( amt exceeding pk 50000)and .4 percent if through chq.

pls if some one know the way to save this hard earning money specially for overseas Pakistanis ,,

as I heard that their is no tax to sending money from abroad ,, how could we save this .6 percent and .4 percent.

pls advise

Mousa replied on Sunday, April 24, 2016 11:57 PM PST

I am sending cash payment to pak though money gram up to 5 lakh from Ksa.No Tex imposed by banks.but for larg amount u need to show evidence to bank. There are overseas account u can open in pak bank.i yhink that are exempt from texes.

aamer replied on Monday, April 25, 2016 12:52 AM PST

Dear Mousa

I know that there is option of sending money through money gram/ western union or even through banks cash payments,, but after all FBI may inquire you,, if you buy or sell any investment/property,,

because their is no evidence of money transferred into your name or in your account..

Ahmed replied on Monday, April 25, 2016 01:02 AM PST

Online evidence is always there with Western Union. You can make an online account. And FBI or any other authority has nothing to do with it as long as money is legal and it is transferred to you or your family. Nothing happens.

Ahmad786� replied on Monday, April 25, 2016 01:37 AM PST

Keep your money invested in offshore company and send your money to any country as dividend or profits.

Faiz� replied on Monday, April 25, 2016 02:06 AM PST

Dear,
First of all you have to enter you name in ATL list (active tax payer).You have to give some basic info about your assets to your tax lawyer, he will charge you 5000 t 10000 rs and your name will be appeared in ATL list
Once your name in ATL list then a lot of benefits like if buys a plot then tax is double if your name is not in ATL list and is half if your name is in ATL list.
Similarly if your name is in list then the charges in Pakistan bank to bank transfer through bank draft is zero so if you send money there is no charges for overseas transection and if you want to pay to somebody just pay by crossed cheque or bank draft then there will be no charges.
but yes you can not take cash more than 50000 one day then the bank will chagres.
I hope you understand.

Learning replied on Monday, April 25, 2016 03:11 AM PST

Interesting discussion here. All the participants above have spoken but the very answer Mr. Aamer needs to know is still nowhere. Aamer & Ahmed is it FBI or FBR? Clarify pl.

Ahmed replied on Monday, April 25, 2016 03:41 AM PST

@Learning It is FBR, but aamer said FBI, so I too used FBI for his understanding! FBR is Federal Board of Revenue.

And I have pretty much answered his question. In short, use Western Union online, everything will work.

Tayyeb replied on Monday, April 25, 2016 04:24 AM PST

Here there are two questions. First regarding WHITE money to which I will reproduce the relevant section 111 (4)(a) of income tax ordinance 2001 of Pakistan which states "to any amount of foreign exchange remitted from outside Pakistan through normal banking channels that is encashed into rupees by a scheduled bank and a certificate from such bank is produced to that effect". For sure money remitted through banks and exchange companies especially from middle east and deposited into a bank account in Pakistan is white money. Secondly, the question of deduction of 0.6% withholding has been explained in detail by @Faiz. Here in UAE, National Bank Exchange issues rupees denominated Pay Order of any amount which can save the withholding deduction if the same is issued in Pakistan by a bank.

L@hore replied on Monday, April 25, 2016 12:23 PM PST

@Tayyeb Sb,
thanks for explanation!!
but i have one more question as you quoted relevant section on income tax ordinance,
Is it necessary to encashed foreign remittance into rupees from bank in order to avoid tax on that income?
How about if money is white and is coming through proper bank channels in to any foreign currency account in any local Pak bank but we withdraw foreign current rather than encashment from bank in PKR?
Do need to pay tax on such foreign remittance case?
thanks.

aamer replied on Monday, April 25, 2016 02:10 PM PST

sorry its FBR ,,
THANKS of feedback.

Tayyeb replied on Monday, April 25, 2016 03:09 PM PST

Foreign Currency remitted into bank has then to be encashed by the scheduled bank. As an example, you remit $ 100,000 into your Dollar account in Pakistan if these are converted into Pakistan Rupee by teh scheduled bank it will remain WHITE. However, if your withdraw dollars and get it converted into Pakistan Rupees from any dealer / exchange (as the rate is higher in open market and there is an incentive for this) and not the bank, it will no more remain WHITE. This is my interpretation and understanding, you can confirm from some one else also to be 100% sure.

HussainD� replied on Monday, April 25, 2016 03:38 PM PST

Getting money exchanged from an authorized money changer will still be a white money if you have proper documents, proof of receiving money in bank account and then receipts of exchange, etc. Money does not change colour so easily and quickly that t will become black if you do not exchange it by a bank. lol

HussainD� replied on Monday, April 25, 2016 03:44 PM PST

And you cannot save WHT on cash withdrawal but you can save WHT on transfer and issuance of instruments if you are on ATL (as mentioned above). To be on and to remain on ATL you need to have a NTN and submit your tax return every year. I live overseas and have an active NTN. I transfer money to my FC account and sometimes to my PKR account and do not pay withholding tax on pay orders and cross cheques as I am on ATL. I hope it helps.

Tayyeb replied on Monday, April 25, 2016 04:28 PM PST

@HussainD. It is advised to keep the remarks like "lol" to your self as it is a serious discussion and not a joke. Whether the money changes color or not one only finds out when he is taxed unnecessarily due to an unprofessional advise. Do not misguide others by presumptions, tax law is very clear and there are no two interpretations that the encashment has to be from a "scheduled bank" and money changers are not scheduled banks.

aamer replied on Monday, April 25, 2016 04:41 PM PST

Thanks to all brothers

I am living in Kuwait,, from Kuwait may I get NTN ( IF I ASK SOME ONE IN PAKISTAN TO GET HELP OF ANY TAX LAWYER)..

COZ AS I MENTIONED ABOVE I BOUGHT A HOUSE IN LAHORE ,, WHEN I WITHDRAW SOME AMT THROUGH PAYORDERS BANK THEY CHG ME .4 WHT...

HussainD� replied on Tuesday, April 26, 2016 01:08 AM PST

babloo bhai mind kyoun kerta hai, tu professional munshi ban ja meri khair hai, mujhay es tarah ka koi shauk nahi

(72653)

Uzma Bashir

Sunday, April 24, 2016 10:58 PM PST

Reply:

Any update when Bahria town is announcing new sector in Lahore?

What are the good options for installment of 5-10 marla currently?
:h

Ahmed replied on Monday, April 25, 2016 01:02 AM PST

Who told you new sector will be launched?

UPN replied on Monday, April 25, 2016 03:29 PM PST

Dear Uzma,

There is no confirmed news regarding New Sector in Bahria Town Lahore although new cutting of 5 marla plots is expected near Talha Block but its not confirmed yet.

(72652)

Dr. Sana Irfan

Sunday, April 24, 2016 10:38 PM PST

Reply:

:h

Dear LRE Community,

Is there any expert of Khayaban -e- Amin here. Just wanted to get a suggestion, whether to buy 5 marla plot in C block or L block. Prices are almost same but C would be inside proposed LRR and L would be outside of LRR. Also L block has possession but C hasn't.

AHMAD HASSAN� replied on Sunday, April 24, 2016 10:42 PM PST

Being a brother, I would advise you that take care of your hard earned money. Try to invest in LDA, DHA or Bahria. Please avoide Khaybaan Amin. Don't get trapped by a local dealer.

Dr. Sana Irfan replied on Sunday, April 24, 2016 10:56 PM PST

What would be the impact of LRR on C block or L Block ?

Kureshi� replied on Monday, April 25, 2016 12:10 AM PST

Risky investment. May give u return at the cost of your sleep.

AHMAD HASSAN� replied on Monday, April 25, 2016 12:35 AM PST

No impact. I know many who bought plots there but now crying.

Sarmad replied on Tuesday, April 26, 2016 07:02 AM PST

Khayaban-e-amin was among the top 10 searched societies as per Zameen.com's trend analysis. In a blog they mentioned that in March 2016 alone, the average property rate in Khayaban-e-Amin went up by 18.66%. They just received LDA approval for the revised plan and accordingly prices here are showing an increasing trend.

LRR and Defence road widening will definitely bring positive impact on rates here.

Regarding risk factor, it used to be a high risk investment but now LDA approved the revised plan and development is ongoing so no longer considered as high risk. L block does not have any LRR issue and has main park so it is better than C block. Average location plot in L block is currently trading at b/W 29/33 lakh which was around 22-23 just 3 month's back.

(72651)

Universal Property Network (UPN)

Sunday, April 24, 2016 10:33 PM PST

Reply:

Good News

Happy to announce that Development work has started in Alamgir Block Sector F Bahria town Lahore.

Congratulations to all Plot Holders from UPN.

Exclusive Picture By Universal Property Network (UPN).

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:

dubai replied on Sunday, April 24, 2016 10:54 PM PST

thanks to Allah. i am holding there for a long time. patience do give reward.

S.Khan replied on Monday, April 25, 2016 12:19 AM PST

Great news. Thanks UPN for sharing the update.

What are the current prices of 10M and 1K plots that were alloted in Aziz Bhatti and Tariq Bin Ziyad blocks?

Lahori_Guy_1 replied on Monday, April 25, 2016 08:07 AM PST

Do you have updated complete map of bahria town having new cuttings of Alamgir, Sikander and Talha blocks in it.

ah replied on Monday, April 25, 2016 09:01 AM PST

also include aziz bhatti and tariq bin zaid.

UPN replied on Monday, April 25, 2016 03:07 PM PST

Dear S.Khan,

The are no stable prices in the Aziz Bhatti and Tariq Bin Ziyad Blocks yet, will be able to guide you better after the map is shared by Bahria Town. The current prices of 10 marla plot is around 42 to 50 lakh and 1 kanal plots price vary from 64 to 68.

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

Sir,

What about status of Abu Bakkar Block,
Development started or not ?

Regards,

(72650)

hassan07

Sunday, April 24, 2016 10:01 PM PST

Reply:

Hello All,

Someone posted on this forum earlier that J and H blocks of Bahria Orchard are going to be Commercial hub in near future and Residential plots (8 marla) will reach 75 lacs within 1 year. Do you think it is realistic or just a marketing strategy ?

UPN replied on Sunday, April 24, 2016 10:25 PM PST

Dear Hassan,

Its true that there is going to be huge rise in prices of J and H Blocks because they are fully developed and possession is soon expected in near future.

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:

Kureshi� replied on Sunday, April 24, 2016 11:49 PM PST

UPN replies are always very pro-Bahria town.

Naveed@786� replied on Monday, April 25, 2016 01:02 AM PST

I believe 110% on predictions by CMY and UPN because they always predict with full of knowledge and according to ground reality. I personally do not know any other person/dealer who has such kind of inner sources.

FAA.awan replied on Monday, April 25, 2016 01:13 AM PST

Yes,UPN is right,Bahria Orchard prices will fly and 8m can easily cross 75 lac in the end of this year2016,and 5m plot will be 50 to 60 lac.Orchard boom will break all record of bahria town past.Thinkers will repent as they are already repenting and the train will go...

Kureshi� replied on Monday, April 25, 2016 02:51 AM PST

Acha then how come UPN team is silent on LRR phenomenon.

hassan07� replied on Monday, April 25, 2016 03:05 PM PST

Agree that price will increase, but to such an extent that it will be from 75 to 85 lacs for 8 marla in J / H block ?

Note: I am already an investor in Orchard and gained handsome profit.

UPN replied on Monday, April 25, 2016 03:44 PM PST

Dear Kureshi,

We are not silent on LRR issue, the thing is its already discussed alot on many forums including LRE and as soon as we will have new authentic news on LRR will surely share.

Naveed KSA replied on Monday, April 25, 2016 07:39 PM PST

Just to inform everyone, I've plot in H block and I've already taken Possession for my plot. It's matter just to apply for Possession.

hassan07� replied on Monday, April 25, 2016 07:49 PM PST

Naveed bhai thanks for your message.

What is estimate of your plot price ? Is it normal, corner, park facing ?

(72649)

Universal Property Network (UPN)

Sunday, April 24, 2016 06:38 PM PST

Reply:

For Sale @ UPN, and Buying Requirements

<=== Latest UPN Inventory: 24 April, 2016

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

For Buying/Selling in Bahria Town, Please Contact:

Waqas Naseer
Iftikhar Ahmad
Bilal Shamim
Ali Muazzam
M. Imran Ch.
Muhammad Roshan
M. Saleem CH.
Mian Zeeshan Rasool
Shahid Yousuf
Rana Adnan Mudassar

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)

FC replied on Monday, April 25, 2016 06:32 PM PST

Kindly evaluate the market value of plot near 950 Quaid block BT

(72648)

Ehsan

Sunday, April 24, 2016 06:25 PM PST

Reply:

i want sale my plot

Ad Type

City

Scheme

Phase

Block

Plot