Lahore Real Estate Forum

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(72250)
Friday, April 8, 2016 02:42 PM PST 
Investment Advise Request

Dear Experts. Please advise to invest Rs 12 Million. I can hold this investment for long term. Which option looks better or suggest any other better option :

1) 01 Kanal Prism Plot in A, C, D, Q or P sectors

2) 01 Kanal Prism Plot in Sector H, E , G or L and 1 Kanal File in DHA Multan

3) Two 5 Marla Plots in DHA Town

4) 01 Kanal Plot in Phase-7

5) 01 Kanal Plot in Phase-7 (around 9 Million ) plus DHA Multan File

Talal replied on Friday, April 8, 2016 03:00 PM PST 

Don't forget development charges of 20 lacs

Qaiser replied on Friday, April 8, 2016 03:08 PM PST 

@Talal. Yes, the development charges being spread over 2-3 years would be managed.

Surfer replied on Friday, April 8, 2016 04:00 PM PST 

Click Option no 1 avoid Multan. If you are able to manage development charges.

Ekrar® replied on Friday, April 8, 2016 05:03 PM PST 

If you can hold for more than 5 years, go for Option 1 without any hesitation!!! Try getting a TOP
LOCATION plot in prism A,C or D!!!

dubai replied on Friday, April 8, 2016 06:02 PM PST 

I think go for Dha 9 town two plots...hold for one to two years as appreciation is expected there bcoz of main boulevard, construction activity etc. after having reasonable gains shift to prism.

Qaiser replied on Friday, April 8, 2016 06:33 PM PST 

@Ekrar. Thanks for your input. Will it be possible if you can share your views on Dubai's comments wherein to buy two DHA Town plots and switching to Prism after materializing gains. I fact, I was also inclined on this strategy but may be missing some thing, therefore you assessment would be valuable. Thanks @ Dubai too.

Ekrar® replied on Friday, April 8, 2016 07:06 PM PST 

Dear Qaiser, This is somewhat tricky.

If u live in Pakistan, u can opt for this strategy(told by dubai)...
There are always more chances of gains when u keep switching in properties where the construction activity is about to start!

It is true that 9-Town is expected to increase by 6-8 lac further during current year, BUT what will happen after that?
The cost of SWITCHING from Town to prism at a later stage i.e hassle of paying the dealers, membership fee, CVT, paying something extra for "GOOD"
location to lock the deal in 9-town,etc etc may eventually lead u to a lesser profit margin(may be)...

So the question is how much further profit would u earn from 9-Town: may be 12-16 lac?


At the same time, there is a risk that u may not be able to catch a top location plot in prism A, D, C even at 150 once development activity starts in these sectors in full boom(which is highly likely)!
Already top location plots asking price is 125+!

Mustafa replied on Friday, April 8, 2016 07:19 PM PST 

Its best to invest in DHA Town plots for 2 years. You should be able to buy decent plots for 58 lacs each and sell them around 85 lacs in 2 years. After that shift to Prism or what ever is offering safe and healthy returns. You need to remember that your investments to have lower shortfall risk and DHA Town has that specific property at this moment in time.

Ekrar® replied on Friday, April 8, 2016 07:30 PM PST 

Mustafa sb,
even if he buys 9-Town at 60 today n sells at 85 after 2 years(according to your assessment): Profit of 25 lac per 5 marla?...total profit 50 lac

Don't you think, PRISM top
location after 2 years(in Sector A/D/C) will be 175+?

THEN WHY GO FOR PAYING DEALERS/MEMBERSHIPS etc etc. ???

Qaiser replied on Friday, April 8, 2016 07:59 PM PST 

Thanks @ Ekrar and @ Mustafa for your pertinent views. Infact, LRE has given us a platform to have assessments and share views from different perspectives. The follow up points for consideration are:

1) Whether in 2 years time Prism Top locations would be around 175 lacs?

2) Whether, in 2 years time Town 5 Marla would be around 85 lacs?

3) Considering the
transfer fee + Membership Fee + Dealer Fee (twice; one for selling and one buying) would be around Rs 240,000. Of course extra the hassle for sure would be on top of that?

Ekrar® replied on Friday, April 8, 2016 09:16 PM PST 

Dear Qaiser, TOP
LOCATION PRISM plots are usually held by people having STRONG HOLDING POWER....so I doubt you will be able to grab the deal after 2 years even in 200!!!(I told the minimum price as 175+ after 2 years)

On a lighter note: After 5-6 years, u can "SHOW OFF" people that I own a TOP LOCATION PLOT IN PRISM :P, this charisma will not be attached with 9-Town!!!!

Now comes ur decision,as it is ur money n ur risk!!!!
Good luck for future!

Qaiser replied on Friday, April 8, 2016 09:44 PM PST 

@ Ekrar. Thanks for your valuable input. Just one more opinion. How to do you rate Prism Sector H,G,E, L Vs A,B,C over 5 years investment horizon.

Mustafa replied on Friday, April 8, 2016 09:52 PM PST 

Dear Ekrar, no offense but i expect Prism plot at 175, after 4 years in good blocks that will be developed first. I am sure things can be different from what we expect today, but DHA Town offers minimal downside risk in a collapse scenario while everybody knows what happens to non-possession plots in bad markets. In good market Prism will gain proportionate to DHA Town, but why take the downside risk when same return is achievable in less risky investment. I would myself invest in Prism after a few years but the existing rates in comparison to Phase 7 add to the downside risk, that i always avoid being a financial analyst as I have seen how markets shift over the past 15 years.

Aa replied on Friday, April 8, 2016 11:54 PM PST 

I just dont get what investers in 9 town are after. Aray bhai 50-60 lakhsfor 5 marla iss say zyaada kitnee hee jagon pay hain?

Qaiser replied on Saturday, April 9, 2016 01:02 AM PST 

@ Mustafa. Appreciate the scientific / logic based argument.
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(72249)
Friday, April 8, 2016 02:36 PM PST 
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(72248)
Friday, April 8, 2016 02:26 PM PST 
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(72247)
Friday, April 8, 2016 01:54 PM PST 

Dear members I have a question about the construction rules in Lahore property. I have a 9 Marla commercial in architect society. I want to build 3 stores in addition to ground floor. Is that allowed by lda bylaws thanks

Jameel Mughal® replied on Friday, April 8, 2016 04:57 PM PST 

it is clear due to land issue they want to decrease number of
files, if you think ou can invest some where else and can get better return in some time then take money back
It was a bad investment to start with and getting money back in 10% loss is not bad idea
>
(72246)
Friday, April 8, 2016 01:43 PM PST 
Price Assessment

Dear LRE Fellows
Can you please assess following lots

J 2929 Prism
N 209 DHA Ph6

Appreciate your support.
Thanks

Asimirfan replied on Friday, April 8, 2016 02:30 PM PST 

Dear Sir,

prism near J 2929 is around 29 to 30 lacs



Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(72245)
Friday, April 8, 2016 01:23 PM PST 

Dear members I have a question about the construction rules in Lahore property. I have a 9 Marla commercial in architect society. I want to build 3 stores in addition to ground floor. Is that allowed by lda bylaws thanks

Qaiser replied on Friday, April 8, 2016 02:01 PM PST 

Better pay a visit to LDA office and check it out there.
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(72244)
Friday, April 8, 2016 10:57 AM PST 
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(72243)
Friday, April 8, 2016 10:36 AM PST 
Evaluation

Dear LRE Team,
Please evaluate below two plots :

1) 1 Kanal Phase-7 153-W
2) 1 kanal Phase-9 673-H

LRE® replied on Friday, April 8, 2016 01:29 PM PST 

Dear Sir,

phase 9 near H 673 is around 88 lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
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(72242)
Friday, April 8, 2016 09:27 AM PST 
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(72241)
Friday, April 8, 2016 05:18 AM PST 
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(72240)
Friday, April 8, 2016 03:28 AM PST 

Dear LRE team ,

Please provide estimate of following :

712 F , DHA phase 9

559 V , DHA phase 8

Regards

LRE® replied on Friday, April 8, 2016 01:32 PM PST 

Dear Sir,

In the current market your plot near F 712 can be sell around 88 lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
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(72239)
Friday, April 8, 2016 02:34 AM PST 
Model Town Link Road

There is reumor that Bahria Town is going to Launch Commercial project near Model Town Link Road.

Does anyone have any information about whereabouts and prospects of that?

Thanks,
Ghouhri
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(72238)
Thursday, April 7, 2016 11:04 PM PST 
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(72237)
Thursday, April 7, 2016 10:59 PM PST 
Plot current market valuation

Ad Type
City
Scheme
Phase
Block
Plot
Size
Features
Cur. Rate
Lahore
9
F
557
1 Kanal
Corner
Kindly evaluate current market value of the plot plz

Hassan Niaz TeamLRE® replied on Thursday, April 7, 2016 11:46 PM PST 

Dear Sir,
Your plot no 557 Sector F Prism is around 100-102 Lacs
Hassan Niaz
Dha Phase 9Prism (RESIDENTIAL, COMMERCIAL )
+
(whatsapp, viber, imo )
INFO@LREPK.COM
Team LRE representative may be approached anytime at the above mentioned number. If unable to respond to your call at first instance due to busy schedule or time difference in case of overseas clients, kindly leave a message with your inquiry. Team LRE makes sure to respond to our valuable clients ASAP with the best possible solution in real estate. We highly appreciate your cooperation.
>
(72236)
Thursday, April 7, 2016 10:55 PM PST 
Plot Valuation

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Features
For Sale
Lahore
AWT2
2
A
55
1 kanal
100 ft
Main boulevard facing canal
1. Please provide evaluation of above plot.
2. Should I hold or sell?

Regards
Khalid

Khalid Javaid replied on Saturday, April 9, 2016 03:04 PM PST 

Will LRE
Team not honour my request because it's not DHA?

LRE® replied on Saturday, April 9, 2016 03:14 PM PST 

Dear Sir,

your plot near A 55 is around 60 lacs in AWT2 phase 2


Mian Waqas
Lahore Real Estate
+
Email:INFO@LREPK.Com
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(72235)
Thursday, April 7, 2016 10:38 PM PST 

When will DHA Rahbar be balloted?
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(72234)
Thursday, April 7, 2016 10:21 PM PST 

Aoa
Dear members And respected CMY kindly guide me. I want to investment 3m for 1 to 2 years. Please suggest the best suitable location/society and your expert views.
>
(72233)
Thursday, April 7, 2016 09:41 PM PST 

What happened to prism file's is there going to mini bolting in near future?

Sincere Person replied on Thursday, April 7, 2016 09:52 PM PST 

Dear Brother,

Its all due to foolish people who are badly mad for money to invest in DHA for their personal interests. Even they never mind it the plot would be on ground after 15 to 20 years and it does not matter it would be on Ganda Nallah or at bottom of River Ravi.

DHA is taking laugh on these foolish people and dealers are enjoying on this forum to more push to take rebates from DHA.

You will soon hear that DHA is going to launch new sectors on Motorways.

Ekrar® replied on Friday, April 8, 2016 12:28 AM PST 

Dear sincere person...the whole world does not REVOLVE around you. If you are thinking that people around you are FOOLISH, there is something seriously wrong with you...get a life! People have invested their hard earned life long earning in these DHA projects and many of them have doubled/quadrupled(and so on) their investments by staying with DHA.
What's wrong with you here... Mr. Rana didn't even ask u whether people are foolish or not? He posed a simple question and ur reply is...


@Rana, no idea about mini ballot...just couldn't see someone banishing the whole lot of people on the forum!

Shah replied on Friday, April 8, 2016 12:32 AM PST 

A mini Ballot is not completely out of question. Sooner than later that is bound to happen.

However the recent movement in Prism file is a market correction in upward direction in price to keep the correct balance between Prism and other 5 marla
files in places like 9 Extn which reached 22 and Rahbar that reached 25.50 as of today. Prism price simply had to move up to keep the correct balance.

The logical next step is the upward correction in balloted plots of 5 marla in Prism. Especially in the underpriced area of J Block upper and middle cuttings. Those plots have already been inching up for the last couple of months and will continue to inch up for some time till the correct balance is reached with all unballoted files prices at current level.

Ayla replied on Friday, April 8, 2016 12:21 PM PST 

Shah and ekrar what can be the potential price of upper j block five plots away from boundary to sell in a month or two thanks a lot
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(72231)
Thursday, April 7, 2016 08:26 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
LAHORE
DHA RAHBER
PHASE 2
J
447
5 MARLA
Dear LRE

Please evaluate my plot.

Regards

LRE® replied on Thursday, April 7, 2016 08:53 PM PST 

Dear Sir,

Dha rahber phase 2 near plot J 447 is around 38 to 40 lacs


MUHAMMAD ASIF
LAHORE REAL ESTATE
+
Email: INFO@LREPK.COM
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