Lahore Real Estate Forum

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(72224)
Thursday, April 7, 2016 04:42 PM PST 

@ CMY please can u tell anything about possession of phase 8 and phase 7 remaing blocks? You said in october 2015 that DHA will start possession soon, when is soon???? Its been 6 months now and no news, and i am talking about the developed residential 1 kinal plots, so please if u can help me and tell me how much wait???

Shah replied on Thursday, April 7, 2016 09:09 PM PST 

Since you are looking for possession, it is likely that you are looking forward to start the construction of your house and not an investor.

Phase 7 is being handed over in batches and the process is continuing since over an year now. In Oct 2015 a precise 3,281 plots got possession in Sec Y and Z both in residential and commercial. The remaining plots in phase 7 will be handed over in batches over the next 6-9 months period. If you want to be the first drop of rain by starting the construction of your house in Phase 7 remaining plots you should target construction commencement from Jan 2017. This should be a safe bet.

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

@ shah thank you for ur answer, I think cmy sahab ko agar koi faida na ho raha ho to wo kisi ko information k liy ans nai karty ab un ko sary faidy phase 9 se hai to he dam care, I have been waiting for possession 12 years just to make my house on 1 kinal plot in 8 Y block, the cutting of 1 kinal plots is completed, but still no news of possession, it is not possible for mr to sell my plot and go to possession areas of phase 7 because its not worth selling;-( so I am just waiting
>
(72223)
Thursday, April 7, 2016 04:40 PM PST 

Dear Salman Maqsood

Please what is price rang of 8 marla
Commercial in Prism commercial
Zone 2 on main 80 feet road

Thank you

LRE® replied on Thursday, April 7, 2016 05:30 PM PST 

Dear Sir,

prism 8 marla commercial zone 2 is around 415 to 475 lacs


Salman Maqsood
Lahore Real Estate
+923004009967
Email:INFO@LREPK.COM
>
(72222)
Thursday, April 7, 2016 04:34 PM PST 
What will be the price of this plot?

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
DHA
9
J
2436
5
Please tell me what should b the price of J 2436 Phase 9 5 Marla?

Asimirfan replied on Thursday, April 7, 2016 05:34 PM PST 

Dear Sir,

prism your plot near J 2426 is around 24 to 25 lacs


Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(72221)
Thursday, April 7, 2016 04:07 PM PST 
Development Charges Letter?

AOA All group members,

Could someone tell me that if one has not received the Allocation letter from DHA office and not paid the Membership fee too (Please note that i have intimation letter in my hand)... Is it possible that DHA will not send development charges letter due to this?
>
(72220)
Thursday, April 7, 2016 03:20 PM PST 
DHA Prism Evaluation

Ad Type
Scheme
Phase
Block
For Sale
DHA Prism
9
M
Dear, what is the present worth of 1K plot Near to M 220 in Prism 9. regrads

LRE® replied on Thursday, April 7, 2016 05:46 PM PST 

Dear Sir,

9 prism near M 220 has market value of 85 lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(72219)
Thursday, April 7, 2016 02:58 PM PST 
commercial cheap property

Whats the best location for cheap 4-5 marla commercial property within 2 crore budget? please suggest only ready for construction property.
>
(72218)
Thursday, April 7, 2016 02:46 PM PST 
Evaluation of Plot

Can you please evaluate the DHA Town plot 5 Marla 416-D

thanks

LRE® replied on Thursday, April 7, 2016 03:24 PM PST 

Dear Sir,

dha town near D 416 is value around 54 lacs


Hassan Mehmood
Lahore Real Estate
+
Email:INFO@LREPK.Com
>
(72217)
Thursday, April 7, 2016 02:41 PM PST 
DHA Rahbar

Dear LRE,

DHA Rahbar 1K plot prices are sky rocketing, i.e. 145 To 210 Lacs. What is so special with DHA Rahbar?

Anwar replied on Thursday, April 7, 2016 02:43 PM PST 

Price range of DHA Rahbar 1K plots is even more than DHA Parkview and Air Avenue.
Location wise no comparison between PV, AA and Rahbar!
>
(72216)
Thursday, April 7, 2016 12:38 PM PST 
Phase-9 Prism Commercial.

8 Marla Zone1 at 150 Ft road: 7 crore (no availability)

8 Marla Zone1 at 80 Ft road: 6 crore (no availability)

4 Marla Oval (inner circle): 4 crore (no availability)

4 Marla Oval (outer circle): 3.25 crore (no availability)

I think based on above, Prism is the best investment now and for the next atleast 10 years. People who understood are not willing to sell knowing that story has just started.

Ashfaq® replied on Thursday, April 7, 2016 01:27 PM PST 

@ FRH

Any
update about Zone commercial of Prism?

Ashfaq® replied on Thursday, April 7, 2016 01:28 PM PST 

Any
update about Zone 2 commercial of Prism?

Asif replied on Thursday, April 7, 2016 01:59 PM PST 

I was never been convinced for Prism
location and its marketing rumors and was never been interested in Prism at all.
Now after seeing the growth and the margins. i am 100% convinced that Prism is a good investment for long or short terms and the moment.
I understood that is shall follow the market trends no matter if they are based on any logic or background.. Just follow market trend thats all.

Azhar replied on Thursday, April 7, 2016 07:21 PM PST 

test

Adrees® replied on Thursday, April 7, 2016 08:10 PM PST 

test
>
(72215)
Thursday, April 7, 2016 02:26 AM PST 
assessment J block prism

LRE please assess current market value of 5 marla plot
prism9/J/1555

AsimIrfan replied on Thursday, April 7, 2016 01:51 PM PST 

Dear Sir,

Prism Plot # J-1555 Around 26 To 27 Lacs


Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(72213)
Thursday, April 7, 2016 12:22 AM PST 

what is the price of H 41 prism?

Hassan Niaz TeamLRE® replied on Thursday, April 7, 2016 01:02 AM PST 

Dear Sir
Your plot no 41 Sector H Prism is around 85-87 Lacs
Hassan Niaz
Dha Phase 9Prism, DHA Phase 1-5
+
(Whatsapp, viber, imo )
INFO@LREPK.COM
Team LRE member may be reached 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.
>
(72212)
Wednesday, April 6, 2016 11:50 PM PST 
Disposing off Prism Plot...Advice Required

AOA,
I was lucky to be allocated 1k plot in Sector D on 150yds road opposite Sector C. Now as per market rates in sha Allah will get very good rates if i sell it. Now I am thinking to sell it and buy 2x files in DHA Multan and 2x files in DHA Bahawalpur of 1K each from this money and wait for 4-5 years, as I can keep for this period....PLz advice me should I go on or stick to Phase 9 for 4-5 years.
Thanks and JAZAKALLAH

Ekrar® replied on Thursday, April 7, 2016 12:11 AM PST 

Also arrange to pay 80 lac development charges for these 4
files :P

Ekrar® replied on Thursday, April 7, 2016 12:14 AM PST 

sell ur plot @125+, then split ur investment in different parts of Lahore! ...but I would suggest to buy ONLY IN LAHORE!

Kam replied on Thursday, April 7, 2016 12:55 AM PST 

Bahawlpur is Pind-village. Dont even think to invest in BWP. I Visit bwp after 10 years and shoked to see that the area is the same no new developments in 10 years.invest ín Lahore

K Siddique replied on Thursday, April 7, 2016 01:55 AM PST 

Bahawlpur 1K file is dropped to 22 lakhs ....in this price you cant find DHA 1k file

K Siddique replied on Thursday, April 7, 2016 01:59 AM PST 

@ Ekrar bahi Development charges are not the issue....as DHA never canceled the plot on non payment of these charges....what do you think what can be the max price of my prism plot and
DHA Multan and Bhawalpur plots after development...after 4-5 years

Ekrar® replied on Thursday, April 7, 2016 10:51 AM PST 

Lets keep 5 year time frame and a budget of 150 lac:
At present 32+20 dc= 52 per kanal in
dha multan . . .meaning that u can buy 3 multan files in 150!
Ur top location prism plot will be 350+ after 5 years....gain of 200.

just ask urself a question:
when will a file of dha multan give u 70 lac profit(3 files=70×3=210 lac)
If ur mind says that u will get 70 lac profit per file in 5 years time by investing in multan then u can go for it!

Ejaz_EJ® replied on Thursday, April 7, 2016 12:14 PM PST 

Mr.Ekrar
I have to salute your assumptions, magically you put the EXACT price of prism plot at 350, nobody knows man.

just be practical, Multan
files can give more benefit in short/long term despite having one plot.

Thanks

MBS® replied on Thursday, April 7, 2016 02:09 PM PST 

Not sure about the Bwp DHA but
DHA Multan can easily leap to double the current price in 3 years.

That means 150 lac investment should be around 300 lac in 3 years.
Prism is good but 350 mark has not been achieved until now by even Phase 5. 350 in 5 years for a prism plot is a folly projection.

Nevertheless, its a fair idea to split your investment in different places.

Ekrar® replied on Thursday, April 7, 2016 05:24 PM PST 

A top
location plot in prism is very much likely to go even beyond 350!
These certain sectors of prism, after development, will be even better than phase 6 or phase 8. After 5-6 years, even the developed phase prices become double due to INFLATION. I have no qualms in saying that phase 5/6/8 will be at 350+ after 5 years. THEN why not one would expect TOP LOCATION DEVELOPED PRISM PLOT at 350+?
(EJ sahab, 350+ is not the exact price, prism TOP LOCATION CAN BE EVEN MORE after 5 years:I am sure you don't want me to discuss pros of PRISM, orange line, LRR etc etc!)

Adnan sb, this downward dip has happened in the past with so big a phase like 9-ext. Actually 9-ext is a big phase, even bigger than prism. So when DHA starts to issue files to agri-land owners there in 9-ext, the supply of files will be so abundant that the prices may go down even below 35!
BUT ONE HAS TO WAIT FOR THE 'RIGHT' TIME TO INVEST IN 9-ext!
Adnans sb, I am talking about WHEN WILL ONE GET A "PROFIT" OF 70 LAC BY INVESTING 32+20 IN DHA MULTAN?( i.e DHA Multan investment: 32+20=52 lac, When will THIS PLOT GIVE 70 LAC PROFIT AND BECOME OF WORTH 120 LAC?... If u think, it will give such profit in 5 years and will become 120 lac in 2020, go for it!)

Ekrar® replied on Thursday, April 7, 2016 05:41 PM PST 

Based on LRE rates,
TOP
LOCATION PHASE 6 at 250+. Think its price after 5 years....not even 350?
TOP LOCATION PHASE 8 at 240. Think its price when construction activity starts and then after 5 years....not even 350?

TOP LOCATION PRISM WILL BE EVEN BETTER THAN PHASE 6 /PHASE 8 PRICES....THEN think of ITS PRICE :D

I believe phase 8 will break the psychological barrier of 400 after 5-6 years, n prism will follow the suit!

Adnan replied on Thursday, April 7, 2016 06:33 PM PST 

Thanks a lot Ekrar Sb, Its really very nice to learn from you because you guide always in realistic approach and proper examples.
>
(72211)
Wednesday, April 6, 2016 10:12 PM PST 
Reply to Foreigner

This is a reply to below post of Foriegner as I can't seem to post a reply there due to some error on website:



First of, am not a dealer. I invest. And isn't that why we are all here on this forum? :) Currently I have investments in multiple phases of DHA in both residential and commercial.

Through the last decade or so experience of investments and reading and learning from other knowledgable members of this forum I have concluded that the highest return on investment is either on a 5 marla cutting as highest number of buyers readily available in market OR on commercial property. ROI is the holy grail for serious investors. And its maximum ONLY in above two categories. 2 kanal and kanal have much lower ROI than these categories.

Secondly, I wrote a detailed post on why 7 commercial file at 205 is the best investment at this time a day or two ago and you can look it up in below posts of yesterday/day before. As to you point about getting a bad location in ballot, that probability of hitting it big time (getting a main bcd/corner/facing large parking plot) or getting stagnant (bad location plot) always remain in file business be it commercial or residential. Many risk averse people tend to liquidate their files just prior to ballot when files take a sudden jump on ballot news. If you are risk averse sell your files (commercial or residential) just when market peaks before ballot and exit with a handsome money. If you are a risk taker like myself, hang in there and see what the fate has in stored for you. Sometimes you do hit BIG :)

Concern Citizen replied on Thursday, April 7, 2016 06:36 AM PST 

Kibla Shah Jee, What make you think that this non sense investment can on forever. Eventually at some point market will crash due to affordability. Then what will happen to those who has invested their life time savings.

Shah replied on Thursday, April 7, 2016 04:04 PM PST 

Dear Concern Citizen
One needs to understand that stock market and property, though having any similarities, are fundamentally different.

Investing in both stock market as well as in property to reap rewards in short term is risk prone if one accounts for the economic/market cycle phenomena that you have hinted in your post. And thats something nobody and almost no financial model can safely predict.

However in long term property market always emerges as a winner. But of course one needs to have holding power for sailing through the troughs in market cycles.

Summary: If you have a good holding power, invest in property and stick/switch investments as per your best judgements of market trends and forecasts. Stick to your investments when market drops and hold on till market gets into the next boom. You will eventually emerge with a good ROI.

However if you have a weak holding power, and only in property for making quick gains in a short term, keep in mind that if and when market takes the down swing you could loose part of your investment as you will be forced to liquidate in down swing as not having enough holding power. So if you fall under this category of short holding power/short term investor, plz undertake a property investment only if you are a risk taker.

Above is true for all property in all housing schemes, residential and commercials alike. This is property 101!
:)
>
(72208)
Wednesday, April 6, 2016 09:23 PM PST 

Hello,

I have a plot in DHA 6 and some cash in hand.
After selling the plot the total capital value will be around 190 lax.
i was following Parkview and Ivy green but now these are way high from my budget . And the jumps were un expected in such a short period of time. I still cudnt understand the reason of these jumps.

Anyhow, Please suggest me something our of the following.

1): Sell the plot in DHA 6 and buy in DHA 8 ?
2): Sell the plot in DHA 6 and buy 1+1 kanal in Ivy green.
3): Don’t sell DHA 6 and buy another 5 marla in Ivy green or prism ? or buy 10 marla in Bahria?

Basharaat ali replied on Thursday, April 7, 2016 01:14 AM PST 

How parkview out of budget u can get 190 a good plot

Asif replied on Thursday, April 7, 2016 02:01 PM PST 

Hello Basharat, I missed to mention Parkview and Ivy green commercial
files.

Shah replied on Friday, April 8, 2016 02:39 AM PST 

Excellent and spot on advise by dubai in above post.
>
(72207)
Wednesday, April 6, 2016 08:47 PM PST 

Dear LRE please evaluate j64 prisim and its future after LRR

Asimirfan replied on Friday, April 8, 2016 01:35 PM PST 

Dear Sir,

prism near J 64 has a value around 29 to 30 lacs


Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(72206)
Wednesday, April 6, 2016 07:01 PM PST 
>
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