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

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(71428)

Habib

Thursday, March 10, 2016 04:41 PM PST

Reply:

5 Merla Letters Phase 9 being issued

Just from yesterday Discussion...
My Friend got letter for 5 Merla in prsim and Last date of First instalment is 30 th April
The rate of no payment is 20% as Highlighted by Me before
sorry for poor quality

Mustafa replied on Friday, March 11, 2016 05:50 AM PST

Thanks for clarifying.

(71427)

shoaib

Thursday, March 10, 2016 04:27 PM PST

Reply:

what is the minimum price in prism j block in upper cutting even on boundary plot. i have 23 lac can i purchase plot in upper cuttting? and after 2 years how much have it worth?

Habib replied on Thursday, March 10, 2016 04:43 PM PST

I middle Curtting ie Opposite H Block is Possible and is not bad

shoaib replied on Thursday, March 10, 2016 05:55 PM PST

habib bhai i cannt get plot in upper cutting at above budget?

Habib replied on Thursday, March 10, 2016 06:07 PM PST

Upper cutting Central Location is 30 Lac, on sides not Boundary is 28 Lac near Grve yard and on boundaries about 25 to 26 .
If You come Futher Down after commercial near boundaries 23 can be tried, But Honestly now 23 is price of lower Cutting Boundary plot.
Keep in Mind File in 24.5

shoaib replied on Thursday, March 10, 2016 07:35 PM PST

thank you habib bhai

Headliner� replied on Thursday, March 10, 2016 08:00 PM PST

Dear Experts/LRE
Kindly evaluate my plots in prism both 5 marla CORNER
J-276 and K-1287

(71426)

Anjum

Thursday, March 10, 2016 04:06 PM PST

Reply:

Name reserve

Please reserve my name as Anjum

(71425)

Salim

Thursday, March 10, 2016 04:04 PM PST

Reply:

Kindly evaluate these plots:
Plot no. 1728 C DHA town
Plot no. 1076 D DHA town

Amjad replied on Friday, March 11, 2016 06:39 PM PST

Test

(71424)

Ali

Thursday, March 10, 2016 04:02 PM PST

Reply:

What is Scope of DHA Gujranwala?

What is Scope of DHA Gujranwala?

If I buy a 10 marla plot file there in 2016 for investment, what could be the return and after how long?

Any idea when the balloting and development could start?

Thanks.

AhmetKildir� replied on Thursday, March 10, 2016 04:23 PM PST

I have a small investment in DHA Gujranwala. I believe it has a lot of potential but DHA isn't focusing enough here. There were some rumors of a March 2016 ballot but those have died down. No authentic news at the moment but rumors are now of a July 2016 ballot. Balloting should significantly raise the prices (30% at minimum) pre-ballot.

Ali replied on Thursday, March 10, 2016 04:47 PM PST

AhmetKildir� Thanks a lot. So do you recommend investing in DHA Gujranwala? Do you recommend investing in any other Housing Scheme, preferably in Lahore?

Our budget is around 18.50 Lacs

Faisal replied on Thursday, March 10, 2016 05:42 PM PST

I think DHA Gujranwala is one of the best investment in your budget.
It is without doubt under valued.
To the best of my knowledge, they have acquired most of Land so Balloting can happen anytime soon.

Go for it. Rest Allah knows best.

Faisal123 replied on Thursday, March 10, 2016 05:42 PM PST

I think DHA Gujranwala is one of the best investment in your budget.
It is without doubt under valued.
To the best of my knowledge, they have acquired most of Land so Balloting can happen anytime soon.

Go for it. Rest Allah knows best.

Ali replied on Thursday, March 10, 2016 07:07 PM PST

AhmetKildir� Yes, we can wait for 2-3 years. Approximately how much gain we can expect after 2-3 years and after 5-6 years?

Thanks.

Ekrar� replied on Thursday, March 10, 2016 11:56 PM PST

it may take a year for prices to come down...wait for the 'correct' time of investment there in 9-ext!

(71423)

Imran

Thursday, March 10, 2016 03:19 PM PST

Reply:

Dear LRE Experts,

Kindly request to please evaluate below DHA Lahore Phase 9 Prism Plot:

� DHA Phase 9 Prism Block R 5 Marla Plot # 1668

Thanks a lot for your great work.

Regards,

Imran

(71422)

Farooq

Thursday, March 10, 2016 03:08 PM PST

Reply:

I want to sell my 5 Marla file in DHA 9 Town. What price should I be looking at? Secondly when can one expect the ballotting of the remaining files?
Farooq

Mustafa replied on Thursday, March 10, 2016 05:02 PM PST

As per LRE, rate is 38 but I will suggest to not sell below 40 lacs as minimum price for below average plot is 45 plus.
Ballot can happen anytime ...

Mustafa replied on Thursday, March 10, 2016 06:20 PM PST

Dear CMY please register my name sooner, as now it is some one else using the same name!

Mustafa replied on Thursday, March 10, 2016 07:35 PM PST

Second post is not from me. People are playing with my name now on DHA town as I am considered as guru for that area.

For all, I must acknowledge that I am a dealer who has 6 plots in town and I want hype in this area, so I can make huge gains. Now I repent that I was very greedy and was selfish. Please ignore all my advices on DHA town.

I will not use name Mustafa anymore.

Mustafa replied on Thursday, March 10, 2016 11:04 PM PST

Please stop maligning my name. I am not going to debate here which one is my post or which one is fake.
I have already requested CMY to reserve my name and until any comment from Mustafa will not be owned by me...

All please ignore any message comes with the name Mustafa as someone is trying to cheat people on this forum.

(71421)

Bashir

Thursday, March 10, 2016 03:06 PM PST

Reply:

I need to know what is the location of Fazaia phase 2 is it on sundar road and how much it is far from Fazaia phase 1

Laiq Ur Rehman� replied on Thursday, March 10, 2016 03:14 PM PST

It will have 2 links... from Sundar road and also Jati Umrah road...

distance wise it is around 11 KM from Fazaia 1

(71420)

Ali

Thursday, March 10, 2016 03:00 PM PST

Reply:

Dear LRE Team and other experts,

Any idea how far can dha phase 7 5 marla file can increase and what are the future prospects of this file , after balloting where will be these plots located.

Your response will highly be appreciated.

Regards,

Ali

(71419)

Mrs Imran

Thursday, March 10, 2016 02:18 PM PST

Reply:

Any news of possession? Phase 7 X blocks remaining blocks??

Mrs Imran replied on Thursday, March 10, 2016 02:22 PM PST

Or please give me any number, from I can confirm

XYZ replied on Thursday, March 10, 2016 02:38 PM PST

DHA has recently given possession for 555 one kanal plots. May be your plot is not included in it. You can visit DHA office or call (if you are an overseas) to get this information. But frankly I am telling you that they will not give you any definite date. Even in dealers, no one knows, they are just guessing. InShAllah hope for the best.

Rana replied on Thursday, March 10, 2016 07:44 PM PST

Salam,

We are also having in ph7/X. We suffered enough with wait.

I think now soon will be our turn as all other blocks are handed over.

Could be within 3 months.

Regards,

(71418)

adnan saleem

Thursday, March 10, 2016 01:16 PM PST

Reply:

assesment of plot

Ad Type

City

Scheme

Phase

Block

Plot

Size

For Sale

lahore

dha

723

dear sir

pl assess subject ploy

(71417)

Wajahat Kamran

Thursday, March 10, 2016 12:06 PM PST

Reply:

Expensive Plot purchased in Prism

Dear All ,
I came in Pakistan for 15 days . I purchased an expensive plot in DHA Prism 9 for 128 lacs inclusive transfer and commission .
Plot is excellent on 150 ft road and upper block . I found out that i purchased it a bit expensive .
What do you expect the price after 18 Months ( thats next October -2017 when i visit Pakistan ) . I paid 5 installments yesterday amounting to 8.10 lakhs approx because till October 2017 ( I dont want to have any load )

Total amount paid =136 lacs
Expected price next year October =???

Regards
I am flying this Saturday

Suleman Memon replied on Thursday, March 10, 2016 12:33 PM PST

@Wajahat,

first of all you should have done your home work before buying. you should have called 4-5 dealers to enquire about the prices. The amount you have paid you could have a bought a very prime location plot in phase 7 with possession. Ph 9 prism is all in map at the moment and as per dha it self it will take 4 years to develop. I am oversea myself but it is people like us who just push the market price up by purchasing/ paying unrealistic prices and some of the dealers trick us as well. My friend you hae done a high side buying. If want to make home than fine, if for investment purpose lets see what happens next year. Phase 9 prism market will hold its prices now for long unless phase 7 and dha 9 Town prices come to some realistic levels compare to other dha phases.

Another thing you can do is call few dealers and get your plot valued . You will know its worth. By the way in the last 15 days 9 prism have seen very weak trading and people who are willing to sell have decreased the prices upto 10-15 lacs in a kanal plot. Best is call LRE and they will help you.

Habib replied on Thursday, March 10, 2016 01:01 PM PST

There things should be considered before
Try to avoid to jump into a hyped sitaution especially when it is for investment.
Get Comperative price info
Good Bargain.
Inspite of all this sience there are some people who always buy in hype and sell in depression.
I feel in October 2017 your plot will just consolidate its price and will be able to cover only transfer expenses and comsession. But dont worry Loss is not expected. Rest God Knows

Akmal replied on Thursday, March 10, 2016 01:24 PM PST

Whatever u are doing now, u should have done before buying this plot. I guess it was not a well thought & wise decision. As u have already bought it, now wait for couple of years for some return. Good Luck

Nabeel replied on Thursday, March 10, 2016 01:29 PM PST

All these far flung societies like DHA Prism....wait for 5 years for return on investment

18 months is too short time to be looking for returns unless something huge happens in the area. South side has only risen fast due to Lahore Ring road, otherwise there were no rises within 18 months there as well.

Wajahat Kamran replied on Thursday, March 10, 2016 01:33 PM PST

Infact , i knew i was purchasing 5-7 lacs expensive but it was corner 150ft ( upper blocks ) road and there are very few corner plots or facing golf plots . So i took the chance. Lets see next year ..long time

Nabeel replied on Thursday, March 10, 2016 01:36 PM PST

Don't worry, you've taken your decision. No use crying over spilt milk. Everything is selling in Lahore like hot cakes because of hype. Hope everyone is ready when the price bubble bursts.

Ashfaq replied on Thursday, March 10, 2016 01:37 PM PST

@ Wajahat,

I believe you did right investment on right time for a prime location plot although little bit costly. But now have trust on Allaah the Almighty and do not take any panic. Your plot is on prime location and I think up to Oct 2017 or end of 2017, its price would be between Rs 175 to 200 lacs, Insha Allaah (only Allaah knows the future).

Bao-G replied on Thursday, March 10, 2016 01:40 PM PST

Dear Wajahat,
I am not agreed with all members. Since you have take decision whatever the outcome is (expensive), its fair.

Do one thing, if you can wait, this investment will give you some sort of return (not huge but some). So... Wait now....

usman replied on Thursday, March 10, 2016 01:54 PM PST

@Wajahat

what is done is done. Learn from your mistake and dont look back.
Hold this plot for atleast 5 - 7 years.It will definately gain.

if you try to sell it quick you may loose money.

ShahzadQamar� replied on Thursday, March 10, 2016 02:17 PM PST

Expect it to be double in 6 to 8 years time. You will not lose money but you might have already lost profit of around 30 lacs in 6 to 8 years span

Pakistan� replied on Thursday, March 10, 2016 02:55 PM PST

@Wajahat

dont be hard on yourself

We, the expats, will always buy a bit higher since we are already on a deadline of 10-15 days trip.

any one living in lahore can always secure a better deal. So just ignore that 3-5 % that you paid extra...

Muhammad Asif� replied on Thursday, March 10, 2016 03:30 PM PST

Agree with Pakistan.
For future..just keep visiting this website at least for a month or so before coming, if you do not have time to visit regularly..You will have the idea..

Surfer replied on Thursday, March 10, 2016 03:51 PM PST

@ Wajahat bhai I have read all the views most of the people here are with discouraging behaviour passes comments regarding your post. It is very easy to pass comment & it is very difficult to be in your shoes & than Answer. Lets make a positive statement you have bought expensive plot no doubt but you have paid for what? You have select the creme of PRISM but your timming is bit late. That what i always said property is the game of TIME (buying as well as selling) LOCATION, & MONEY,Once you have mixture of all 3 elements you gain a lot but with patient.As you have made a late decission that why you have paid more if you make this decission 3 months back you can find plot like yours may be in 95 or 1 crore. But a plot like yours is not possible to buy again because excellecnt plots are now hold for long period of time and Vanished from market for longer period of time.
My advice for you is hold it for atleast 3 years for good gains, and 5 years for Excellent gains. "In sha Allah"

Habib replied on Thursday, March 10, 2016 04:26 PM PST

Sitting over here in UAE I almost always Fix the Token through "reliable dealer", He never Offers my bid to seller but a bit less, And keeps about 50 K Margin other than Comession but I am still Comforatable as I know Margin is not 5 Lac.
And deal is tension free with in week.

Mir replied on Thursday, March 10, 2016 05:39 PM PST

Cut your losses and run. You've been duped by the Prism bridge (which also has a large presence in this forum). The largest phase of DHA (compare the size of prism to the reset of DHA) and you really think it will be developed in 4 years ? Look at DHA's past record. That's all i gotta say.

AhmetKildir� replied on Thursday, March 10, 2016 05:58 PM PST

I don't know your plot number Wajahat but if it's a 'best' location plot, it will be worth 3+ crore in 3-5 years so don't worry too much.

I bid on a plot in February at 119.5 but the seller still didn't sell it. So trust me there are plenty of fools like you and me looking for excellent locations without sweating too much about overpaying a few dimes.

Rana replied on Thursday, March 10, 2016 08:04 PM PST

Salam to all,

First of all i say you Wajahat " mubarak" for your buying and secondly getting a very nice comments from all sides.

You bought a very good plot so dont worry you would gain a good margin too.
Phase9 is most considered and it would stay most considered. So you could see the prices fastly climbing like ph.8.

I think in one year good located plot would be minimumly about 150 even not developed. Lahore is on peak going in real estate in WORLD, MASHAALLAH.

Rest Allah knows Best.
Regards,

Rana

opinion replied on Thursday, March 10, 2016 08:45 PM PST

Wajahat kamran you have taken right decision do not think so much and do not listen to pessimists who are of the view that prism plot will only able to recover transfer cost in 1.5 year. you had grabbed top location in prism after 3 years it will be equal to top location of W block phase 8 in value i.e. 250 lac plus. if you still not at ease with 150 feet plus corner just share your contact i will buy it from you right away. we can involve salman maqsood of LRE in our deal

Dude replied on Thursday, March 10, 2016 08:45 PM PST

Yes dear, someone rightly said here in above post, there is no shortage of fools. You concluded this deal first and seeking advise thereafter. Done is done and can't be reversed. Now wait for its becoming 3-4 Crore. Nobody knows would it ever reach that point in our life or not. Anyway good luck.

opinion replied on Thursday, March 10, 2016 08:52 PM PST

delay your flight and apply for urgent allocation letter. i am ready to buy

opinion replied on Thursday, March 10, 2016 08:56 PM PST

possession possession ki rat lagane walo.. is possession available in phase 8?? yet its prices are phenomenal

Surfer replied on Thursday, March 10, 2016 10:26 PM PST

@ Mir your apology is still pending for your last misbehave post. Now again you are giving a stupid advice of running away. Seems like you always run away in your real life????

Haris replied on Friday, March 11, 2016 12:04 AM PST

The guy himself realises that he bought it a bit expensive and has only asked for its expected price in October 2017. He needs a specific reply based on assumptions. If he plans selling it during his next visit in October 2017, he might be either merely recovering the extra cost he has paid or may earn profit, depending upon how much attraction his plot would draw for a buyer like him.

TK replied on Friday, March 11, 2016 01:41 AM PST

Kamran Sahib agar aap meray Betay hottay tu aap ki ais harkat Kay baad Mai aap ku bay dhakhal kar daita. Who will spend this much in Prism when everything is on paper and you won't even get possession for at least 12 years. Now har Banda jhouti tasalli day raha hai aap ko that you will be in 2 year or you will be fine in 5 years. Kamran sahib truth is you won't be fine till long time. Even now u can recover your money and can move to phase 8 or good location 7 please do that. Prism sirf aike khowab hai and your next generation will see it coming true not in our life time. People need to speak the truth in this platform.

syed replied on Friday, March 11, 2016 02:09 AM PST

its one of finest location , though u paid a bit high but consider yourself lucky for having that location too.

Qasim replied on Friday, March 11, 2016 03:18 AM PST

You bought it a bit expensive by 30-35 Lacs but need not to worry becoz its location is unique. Its hard to find such plots and its buyers. You would hardly require 2-3 years to cover this difference. If cant wait for that much duration, Mr Opinion is a quite serious for its instant buying at the same price. You may check validity of his offer.

opinion replied on Friday, March 11, 2016 02:35 PM PST

Wajahat sb. i`m still waiting please respond thanks

opinion replied on Friday, March 11, 2016 02:50 PM PST

@ TK yes prism tum jaise hased aur jalne walay logon k lia sirf khowaab he hai. people like you can only bad mouth prism.

Haf replied on Friday, March 11, 2016 03:41 PM PST

Mr opinion everyone has a right to give his/her opinion abt any Dha phase or other society. If Mr TK gave comments abt prsim which u do not like then it does not mean u respond like laraka woman. Plz show some decency.

opinion replied on Friday, March 11, 2016 08:55 PM PST

Dear Haf please mind your own business. Do not pose as kapati gawandan har ak ki baat may tang ghusane wali

Khawar replied on Friday, March 11, 2016 11:40 PM PST

If Wajahat opts to accept Opinion's offer, Opinion will disappear forever, since he knows the actual worth of plot. Opinion has made this offer because he knows Wajahat can't afford accepting it due to time limitation.

(71416)

Nadeem

Thursday, March 10, 2016 10:43 AM PST

Reply:

What is the market value for.
IK Ph8 T-1647
IK ph6 G-672

(71415)

Usman ali khawaja

Thursday, March 10, 2016 03:47 AM PST

Reply:

Suggestion regarding investment

Dear all,

I have 10 millions to invest and i wish to buy a plot and built a house on it for sale purposes. Which is the best location for max output? I m interested in raiwind side of Lahore so plz shed some light brothers for such investment as whether it is a better option than investing in multiple plots and if yes in my budget which is the best location for max output ???

Thanks!!!

Qasim replied on Thursday, March 10, 2016 11:45 AM PST

@Usman do you have an experience in building house?

Nabeel replied on Thursday, March 10, 2016 01:33 PM PST

Since you are looking on Raiwind side, 1 crore means 50 lakh budget to buy a plot maximum , and 50 lakh to build the house. I would say if you look at the relatively good societies in that budget then 10 marla in Fazaia or 8 marla in Bahria Orchard.

(71414)

Muhammad

Thursday, March 10, 2016 03:33 AM PST

Reply:

Dear Jameel Mughal Sahab,
I need your kind opinion on Phase 7 sector S plot 55
What you think its fair market value should be and what would be its potential in next 2 years. Do you think chak dhera will be completely abolished.

Thank you

(71413)

bashir

Thursday, March 10, 2016 02:43 AM PST

Reply:

LDA avenue one

what is the price of one kanal plot in Ldaavenue one block C,which is in litigation.
i know its not transferable but stamp paper etc.

Moosa-Sh� replied on Thursday, March 10, 2016 05:31 AM PST

Hi,
what is the plot number please?

Moosa

bashir replied on Thursday, March 10, 2016 10:57 AM PST

1123

(71412)

Ch Khalid UK�

Thursday, March 10, 2016 02:09 AM PST

Reply:

Test

sonia replied on Tuesday, March 22, 2016 08:08 PM PST

hi

(71411)

Nayar

Thursday, March 10, 2016 01:17 AM PST

Reply:

DHA Lahore 9 - Prism

Dear LRE team,

I want to invest in DHA Prism file (5 marla). What are your expectation on a 2-3 years holding period? I heared that I should at least wait for 2 year for a profit and that a shorter holding period is not interesting.

Additionally, what are your opinion on the fast track development of the whole scheme? Is it feasible under their timeframe (3 to 4 year as I understood - correct me if I'm wrong)?

Best regards,

Nayar

Kamran replied on Thursday, March 10, 2016 02:00 AM PST

Dont take a risk in 5 m files. Purchase a average plot in j blok. J block is underprice

AHMAD HASSAN� replied on Thursday, March 10, 2016 02:47 AM PST

Balloted plots are better than file, if one has money in pocket. On ground plots surrounding with constructed homes are best, if one wants to construct home in near future.

Nayar replied on Saturday, March 12, 2016 07:23 AM PST

I don't want to build a home. Only investment.

(71410)

Nayar

Thursday, March 10, 2016 01:15 AM PST

Reply:

Dear LRE team,

Could you please give me the current market value the following plots:

DHA Town Phase 9 plot 754 Block A
DHA Town Phase 9 plot 686 Block A

Moreover, is it possible to sell plots with a power of attorney? The holder of plot is currently sick and cannot travel.

Many thanks,

Nayar

(71409)

Nayar

Thursday, March 10, 2016 01:12 AM PST

Reply:

test