Lahore Real Estate Forum

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(72254)
Friday, April 8, 2016 04:08 PM PST 
Evaluation of plots

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
DHA
09
J
312
5 Marla
Please evaluate the price of 312-J Block, Prisim,Lahore :cl :cl

LRE® replied on Friday, April 8, 2016 07:24 PM PST 

Dear Sir,

prism near J 312 is around 29 to 30 lacs




Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(72253)
Friday, April 8, 2016 03:48 PM PST 
Plot Evaluation

Ad Type
City
Scheme
Phase
Block
Cur. Rate
Lahore
DHA
9
H
Dear LRE,
Please evaluate my plot # H - 66 prism

LRE® replied on Friday, April 8, 2016 09:03 PM PST 

Dear Sir,

Prism the market value near H 66 can be sell around 95 lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(72252)
Friday, April 8, 2016 03:43 PM PST 
Fazaia Phase-1 Price Increases Assessment

Fazaia Phase-1 is already around or over 1 crore per Kanal. What would be the expected impact of completion of Alternate Road. further, any impact upon start of Ring Road Project (although no firm news on the start date and time of completion). Does this investment seems a viable option?

Yousaf replied on Friday, April 8, 2016 04:18 PM PST 

1 Crore to a Kanal means must be a well planned and well developed society. Can you please share what all this society has on offer inside it for its residents. I mean market for daily commodities, education, health care & recreational arrangements etc.

Hafeez replied on Friday, April 8, 2016 04:29 PM PST 

@ Yousaf. It is well planned and well managed society but apparently being small society not too much on the offer in terms of items you inquired.

Reborn® replied on Friday, April 8, 2016 09:59 PM PST 

The society isnt that big and on top of that ring road cutting it in to two.

Ibraheem replied on Saturday, April 9, 2016 02:20 AM PST 

Dear @ kureshi can u tell me the source of defence road widening news as there is no advertisement by LDA or anyother authority regarding this . Is it confirm news or just a rumour?

Kureshi® replied on Saturday, April 9, 2016 05:31 AM PST 

i work for telecom infrastructure company and we have been advised by Authorities. That is a free tip for my brothers and sisters on this forum.

its from bhoptian chowk to ferozepur road. happening in next few weeks.

Ahmad786® replied on Saturday, April 9, 2016 02:43 PM PST 

Alternate Road cut it in two and
prices almost double. Now imagine the price when Ring Road cut fazaia in 2. Right on interchange, dont underestimate the potential.

Bilal Arshad replied on Monday, April 11, 2016 05:14 PM PST 

Ring Road would pass through (cut inside) Audit and Accounts Cooperative Housing Society Phase-2, and it would be most beneficial for buying at the moment as its still very cheap.

Developed plots with all dues clear
prices are: 16 Marla 23-30 Lac, 8-Marla from 13-17 Lac).

Prices can multiply many times as the ring road would pass inside(cut through) it. The location of Ring Road inside it has already been marked by Land Acquisition Authorities.

Amjad Ali replied on Wednesday, April 13, 2016 12:04 AM PST 

@Bilal Arshad can you plz explain why
prices are still so low, especially when (as you said) Lahore Ring Road is passing through Audit & Accounts Society?
>
(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.
>
(72249)
Friday, April 8, 2016 02:36 PM PST 
>
(72248)
Friday, April 8, 2016 02:26 PM PST 
>
(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.
>
(72244)
Friday, April 8, 2016 10:57 AM PST 
>
(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
>
(72242)
Friday, April 8, 2016 09:27 AM PST 
>
(72241)
Friday, April 8, 2016 05:18 AM PST 
>
(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
>
(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
>
(72238)
Thursday, April 7, 2016 11:04 PM PST 
>
(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
>
(72235)
Thursday, April 7, 2016 10:38 PM PST 

When will DHA Rahbar be balloted?
>
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