Lahore Real Estate Forum

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(72643)
Sunday, April 24, 2016 04:41 PM PST 
expert advise for 8 to 10 marla plot prices in Beaconhouse estate

Ad Type
City
Scheme
Phase
Block
Cur. Rate
Lahore
Beaconhouse
1
A
I need to know the current market price of 10 marla plots in Beaconhouse estate
>
(72642)
Sunday, April 24, 2016 03:26 PM PST 
Serious advise needed

Ad Type
City
Scheme
Phase
For Sale
Lahore
Pace circle and Hyatt
Cantt
Hello,

So i recently saw an ad of hyatt regency operated pace circle apartment. When i further researched this project which I had been seeing in Cantt by the name of Hyatt i came to know that the pace circle apartments 2 bed retailing for 2.5 crores will have a guaranteed $2400 rental income as hyatt will basically rent these apartments from owners with 10% yearly incremental in rental as well.

Basically you buy the apartment and then rent it to hyatt for guaranteed 2400 dollar rent. Also shops are 2 crores in that mall.


What do you guys think? Is it a safe investment? I am hearing all units have been sold ?? Any thoughts or comments on this hyatt and pace project? I think the Taseers are funding this.

Basharaat ali replied on Sunday, April 24, 2016 03:35 PM PST 

Failed project, started 2007 still 40% only grey structure completed rest Allah knows

dubai replied on Sunday, April 24, 2016 03:37 PM PST 

not safe at all

NM CH replied on Sunday, April 24, 2016 04:19 PM PST 

Totally failed project. They have the same grey structure built since 4 years. They lack funds and looking for investors to donate their money to them. I pass by this project daily as being a resident of Askari X.

Basharaat ali replied on Sunday, April 24, 2016 06:03 PM PST 

2400 $ per year or per month ?

Investor replied on Sunday, April 24, 2016 07:23 PM PST 

$2400/month rental.

Isnt Hyatt a trusted and credible brand name? If it was a failed project I don't think Hyatt wouldve lent its name or credibility. I know its been taking forever but thats partly because pace is owned by salman taseer and with his son recently returned i think this projecy may have substance in it. Just want expert opinions because the
location is surely beautiful.

Investor replied on Sunday, April 24, 2016 07:24 PM PST 

$2400/month rental.

Isnt Hyatt a trusted and credible brand name? If it was a failed project I don't think Hyatt wouldve lent its name or credibility. I know its been taking forever but thats partly because pace is owned by salman taseer and with his son recently returned i think this projecy may have substance in it. Just want expert opinions because the
location is surely beautiful.

Habib replied on Monday, April 25, 2016 03:30 AM PST 

It Looks a Market Stunt by delaer otherwise Why Hayatt Company will not build own apartments and why sell and pay rent at 10%
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(72641)
Sunday, April 24, 2016 02:58 PM PST 
ASSESMENT

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
lahore
phase-9
town
D
56
5 marla
Kindly evaluate the price of plot D-56 DHA -9 Town :h :h

LRE® replied on Monday, April 25, 2016 01:53 PM PST 

Dear Sir,

Dha 9 town near D 56 can be sold around 52 to 53 lacs


MUHAMMAD MAZHAR
LAHORE REAL ESTATE
+
EMAIL: INFO@LREPK.COM
>
(72640)
Sunday, April 24, 2016 02:01 PM PST 
Plot evaluation

Ad Type
City
Scheme
Block
Plot
Size
Cur. Rate
Lahore
Khayaban-e-amin
L
1413
5
Dear LRE team

Please evaluate this plot in Khayaban-e-amin.
L block, Plot # 1413, 5 marla

rana replied on Monday, April 25, 2016 12:34 AM PST 

25 lak if u sale give me no

Sarmad replied on Tuesday, April 26, 2016 06:44 AM PST 

Rana sahib, I do not own this plot. I am interested to purchase a plot near this
location and the owner is asking 31 lak so I wanted to have an independent evaluation.
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(72639)
Sunday, April 24, 2016 12:01 PM PST 
NFC Phase 2

What is the update about Nfc Phase 2 Elections?

Kamal Baig® replied on Sunday, April 24, 2016 01:24 PM PST 

last days i received SMS that election are cancel

Tipu® replied on Sunday, April 24, 2016 02:18 PM PST 

Elections have been postponed...another stay order..

Zahid replied on Sunday, April 24, 2016 02:28 PM PST 

Till yesterday elections were scheduled on time and there was no news of cancelation or delay because of stay order.

syed replied on Sunday, April 24, 2016 03:44 PM PST 

a month more needed this time stay taken by same old contestant ?? Mf

Ah replied on Sunday, April 24, 2016 06:19 PM PST 

Syed Bhai.could u please tell us some details of this,that what's going on there, there is some real problem or they r playing games with plot holder's.

syed replied on Sunday, April 24, 2016 07:52 PM PST 

this time stay taken by a group against other ?? instead of past against society , but both group rose and flag blame each other of getting stay , what fking mind they are?

syed replied on Sunday, April 24, 2016 07:53 PM PST 

this time sty taken by a group against other ?? instead of past against society , but both group rose and flag blame each other of getting sty , what .. mind they are?

Aseem replied on Sunday, April 24, 2016 11:58 PM PST 

Dear NFC plot holders! I reached NFC1 today at about 11.00 AM to cast my vote. Representatives at the stall of ‘Humara NFC Residents Friends Group’ contesting elections under the election symbol of ‘rose’ told that elections had been stayed again late Friday by a single-bench of Lahore high court on an appeal of NFC Insaf Group contesting elections under the symbol of flag. Residents group tried to challenge this stay order in the court on Saturday but that couldn’t be done due to weekly off. Now they intend to do so on Monday.
This is the 3rd such postponement of elections and the matter of elections has been lingering on for about one year. As per representatives of Resident group, development in NFC2 has been put on hold due to this very reason. NFC, they said, is being run by a government appointed administrator who has no powers to develop the society as per new society rules. Otherwise, they claimed, ample funds were available with the society for getting the work done. They also claimed to finish the development of at least two-three blocks within 1-1/2 year upon its commencement.
NFC Resident group was expecting a favorable decision by a larger bench of Lahore High court in a short period of time since such stays have also been overturned in the past. Let’s see how things shape up in the days to come.
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(72637)
Sunday, April 24, 2016 05:27 AM PST 
>
(72636)
Sunday, April 24, 2016 02:44 AM PST 
Defence Raya

Ad Type
City
Scheme
Phase
Cur. Rate
Lhr
DEFENCE RAYA
3
Hello property wizards,

I was amazed to see the price list of defence raya phase 3. I just dont understand how you expect someone to pay 6 crores for a 1 kanal house or 11 crores for a 2 kanal. Are the floors and walls of this project plated with diamonds? Is the bathroom made of gold? At this price only Mansha, saigols, and other pedigreed family can afford such houses. i mean loadshedding will also take place in defence raya. This project is insane and i dont think there are many people who'd pay such kind of money for a house. And such prices coming from DHA is even more depressing.

Mousa replied on Sunday, April 24, 2016 03:21 AM PST 

Prices high due to golf view only. Green environment. There are lot of people who will buy these houses for living. Price does nt matter for them.

Iftekhar replied on Sunday, April 24, 2016 08:46 AM PST 

People who have more money are more sensible and dont waste money for illogical deals. I dont think DHA would manage selling even a single unit.

golfer replied on Sunday, April 24, 2016 02:51 PM PST 

Yes people who own pumps and industrial factories have that kind of money to fund these houses but please tell me why someone so rich would want to live in a 1 kanal or 2 kanal house in Phase 6 in between a golf course that is fairly new. I think DHA is charging crazy money for something thats not worth much. Penta apartments are understandable even though i thought they werent worth what they were sold for... But defence raya is literally over the reach of many upper middle class or lower upper class. Every other class wouldnt want to live in a gated community inside dha. Ever heard of jahangir tarin wanting to live in raya? People who have such money dont need DHAs brand name to construct a palace of their liking.

K. Mahmood replied on Sunday, April 24, 2016 03:55 PM PST 

Look at the timing,Black money is being converted to white as per policy of Govt. Sure these will be sold. Be relax

Akmal replied on Sunday, April 24, 2016 04:21 PM PST 

Apparently
prices looks quite high for residential villas as well as commercial plazas but lets see how DHA advertise/market it to attract the customers. Project is offered on installment which is positive point.

Aa replied on Sunday, April 24, 2016 05:02 PM PST 

Houses in top notch secure gated communities like sarwar colony in cantt are 13 crore for one and a half kanal house.There are 300 houses there. Issue with these dha houses will only be that no one will trust constriction quality given very poor job done one first two phases. Otherwise its a beautiful secure
Community where kids can run around and play on the street which is very rare.

Ashfaq® replied on Sunday, April 24, 2016 05:22 PM PST 

Just for an idea. Please compare price of one kanal house in DHA 5 or DHA 6 with Defense Raya. Then it would be easy for you to understand the mechanism of pricing.

SubCon replied on Sunday, April 24, 2016 06:36 PM PST 

Phase 6 is the future of DHA for the next 10-15 years. There is no doubt about that. It is in the centre of phase 5,6,7,8 and 9 Town and will be the hub for all the commercial activity. Consequently, you will see all attached phases to benefit from this tremendously. It does not make sense to have market value transactions at less than a minute's drive for 3 crore (assuming plot value half of the total 1 kanal house price: 6 core) where 1 kanal 4 lanes down the road in Phase 7 W block is currently traded at 130 lacs. Phase 7 and phase 6 around golf course is bound to rise once commercial activity begins. No wonder starting blocks of phase 6 have crossed 250 lacs per kanal.

DHA always manages to sell and if they managed to sell both phase 1 and 2 of Raya homes, they will definitely be able to sell phase 3 otherwise they would not have launched at this price.
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(72635)
Sunday, April 24, 2016 02:37 AM PST 
DHA 9 J sec

Ad Type
City
Scheme
Phase
Block
For Sale
lhr
dha
9
j
i have a question, when a plot is mentioned in the price eavl add by LRE it is given as 32, but when asked for eval by me, it is priced 30 incl instl. So are prices going down or what.

Mousa replied on Sunday, April 24, 2016 03:28 AM PST 

No
prices going down. Its roughly estimated prices. No boday can give 100 percent acurate estimate.

tallat replied on Sunday, April 24, 2016 12:38 PM PST 

I just sold one average
location for 30.5 without forst instalment

tallat replied on Monday, April 25, 2016 08:30 PM PST 

It was near 699 j
>
(72634)
Sunday, April 24, 2016 02:09 AM PST 
DHA 9 J sec

LRE Team, i have a question, when a plot is mentioned in the price eavl add by LRE it is given as 32, but when asked for eval by me, it is priced 30 incl instl. So are prices going down or what.
>
(72633)
Sunday, April 24, 2016 12:24 AM PST 

Ad Type
Phase
Block
Plot
Size
Cur. Rate
1
A
320
10 marla
Please evaluate Plot 320, A Block, Grand Avenues Ferozepur Road, Lahore
>
(72632)
Sunday, April 24, 2016 12:08 AM PST 
Construction Business

Ad Type
City
Dealing
Lahore
Hello Guys, May be my question is not relevant but some experts can help me. I am thinking to start my house construction business with PKR 10M on small level, I know amount is not that big. Any one who can help me, what are the best area to start this business in Lahore with this amount and what are the probability of success?

Thanks,

Answer replied on Sunday, April 24, 2016 01:12 AM PST 

go for small plot like 5 marla & construct house in that scheme which hav gud market !! like bahria town wapda town valancia or tariq garden .Dha as well if in budget

Mousa replied on Sunday, April 24, 2016 01:47 AM PST 

You will construct one house and then u will find buyer.it will take time.2nd time when u will purchase land and material it will be incresed. You profit will be covered in this circle. U cant spare money .

Dubai replied on Sunday, April 24, 2016 01:54 AM PST 

Thanks guys for your valuable input. I know I need to increase the budget, so that money can circulate and should not depend on one project. can anybody tell me what is the margin % on house construction business, a rough idea? I am planning to increase the budget with the passage of time.

dubai replied on Sunday, April 24, 2016 02:15 AM PST 

i have done this business for 3 yrs and conclusion was that its better to invest in 2 plots instead of building as profit fetched in carefully selecting plots over a certain period say 1 yr is far better then construction

Mousa replied on Sunday, April 24, 2016 03:25 AM PST 

Ìf u dont have construction back gŕound.it will be difficult for u. Construction is not easy task. U can save too much money if u know how to speed up work.

ZS replied on Sunday, April 24, 2016 03:33 AM PST 

Do go for construction business in my personal experience there is a very hard to find a serious buyer for a newly constructed house ppl say ye thek nhi he wo thek nhi he in my opinion 10 M is more den enough for a property business first of all keep ur eye on DHA Market select a phase in which there is hard to find a plot of 5 Marla or 10 Marla or even a kanal search an good
location plot and make a Biana wid amount of 1 Million or 2 once Biana ve throw ur plot into the market nd sale it on ur asking price this is how u can earn good profit out of 1 or 2 Million investment keep ur 8 Million for backup kahin payment bhi karni par jati he plot ki
Well this is my personal opinion ppl must ve better views den me Cheerz...

ZS replied on Sunday, April 24, 2016 03:35 AM PST 

Do notttttt go for construction business in my personal experience there is a very hard to find a serious buyer for a newly constructed house ppl say ye thek nhi he wo thek nhi he in my opinion 10 M is more den enough for a property business first of all keep ur eye on DHA Market select a phase in which there is hard to find a plot of 5 Marla or 10 Marla or even a kanal search an good
location plot and make a Biana wid amount of 1 Million or 2 once Biana ve throw ur plot into the market nd sale it on ur asking price this is how u can earn good profit out of 1 or 2 Million investment keep ur 8 Million for backup kahin payment bhi karni par jati he plot ki
Well this is my personal opinion ppl must ve better views den me Cheerz...

Subhan replied on Sunday, April 24, 2016 09:09 AM PST 

You dont have to buy a plot for house construction business. You just need to have enough expertise, rich experience, a
team of experts to deal with various steps involved in construction and a rigistered office for legal coverage of business plus central coordination of all activities. For a team of experts 10 Million is more than enough to take a good start.

gullu replied on Sunday, April 24, 2016 02:47 PM PST 

ok i understand u want to do business in construction, for that u need capital,experience,good
team of workers ,and a damn good luck to get hold of a good deal buyer, all this happens after a lot of efforts and the profit margin after six months time vary from 5-15 lakh to be very very optimistic u may get 20 sometimes. but wait why so much hassle risk and time to make this kind of money .
i planned to do the same and visited many new houses in dha, talked to many people, finally i came to the conclusion that to do so i need a good 2o million to roll or sustain in two small house building project.while as an alternate u can start with a purchase of a 5 marla good location plot in a good scheme like dha or bharia, invest in another 5 marla , and merely by only plot transaction u can make similar kind of money so why go into construction kind of hassle, ok if u still are anxious u keep hunting for a good location newly constructed house and get a deal .wait and sell it .so bro take a safer way and buy and sell plots , construction can be done if u have a spare amount

Kureshi® replied on Sunday, April 24, 2016 04:24 PM PST 

Dear Dubai , your plan for construction is a very practical.

Choose a plot of 10 Marla and make 4 units of 2.5 Marla in small societies. Sells lime hot cake. Similar small units arebeaaieer and cost effective. First few venntures will be tough. But then all new jobs and businesses are tough in the beginning.

Property selling is a good idea but it is a hawai rizq. The plot on which you are doing construction will also give you profit on top of your efforts of construction. Money will be in circulation and Allah Subhanawutala will bless you with barkat as you will become reason of rozi for many.

HassanHC® replied on Sunday, April 24, 2016 05:09 PM PST 

Kureshi Saab is it allowed to make portions of 10 Marla plot into 4 units and these small units can be sold separately.

tallal replied on Sunday, April 24, 2016 11:14 PM PST 

Its allowed only in registry lands. Hassan c not in any society

dubai replied on Sunday, April 24, 2016 11:51 PM PST 

I think pak arab housing society has 2.5 or 3 marla cutting

Kureshi® replied on Monday, April 25, 2016 12:02 AM PST 

No , such adventures can only be undertaken in registry areas. There is huge market in less than 5 marla. People don't want to waste money in paying rents ; instead they want to pay monthly installments. It is only possible in small sized units.

Try bedian road, Cavalry ground for example.

If you cannot find such land , start with 5 Marla.
>
(72631)
Sunday, April 24, 2016 12:06 AM PST 
Plot value

Ad Type
City
Scheme
Block
Plot
Size
Cur. Rate
Lahore
Bahria Town
D
329CC
10 Marla
Dear LRE Team,

Please evaluate my plot in Bahria Town, Block D-cc 329.

thanks
Tariq

UPN replied on Sunday, April 24, 2016 02:30 PM PST 

Dear Tariq,

The current value of your plot is 88 to 90 lakh.

Regards,
Iftikhar Ahmed

Email:
>
(72628)
Saturday, April 23, 2016 10:33 PM PST 

kindly evaluate plot near 1462 j phase 9 prism 5 M current price and location evalutuion

AsimIrfan replied on Monday, April 25, 2016 02:43 PM PST 

Dear Sir,

Prism near J 1462 is around 53 lacs included 1st installment paid

Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(72627)
Saturday, April 23, 2016 10:30 PM PST 
>
(72626)
Saturday, April 23, 2016 10:04 PM PST 

i would like to inform specially to overseas Pakistanis that BE-carefull when visiting Pakistan and doing property process...it happened with us one year ago aswell someone called on mobile phone and said they calling from society office and will collect Dues from home (Chinar Bagh Society ) when we confirmed from office they said Dues always paid by person in society office..similar inicident almost happened on 19/04/2016 as soon a Challan of surcharge was issued by Dha next day a call came on mobile saying he is from Dha office confirming " name plot no and asking if I have paid the money " when telling him yes he hanged the phone..it is obvious someone in Dha Accounts Branch might ve passed out personal information.
Therefore all of you Be very carefull..( Both times I was saved )
>
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