Lahore Real Estate Forum

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(69512)
Thursday, January 7, 2016 09:39 PM PST 

Salam to all and LRE team,

please assess the value of PH.9/N 777?

Thanks,

LRE replied on Friday, January 8, 2016 03:04 PM PST 

Dear Rana Sb,

Your Plot # N-777 Prism Around 50 Lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(69511)
Thursday, January 7, 2016 09:29 PM PST 
Investment Portfolio Advise - Rs 60 Million (6 Crore)

Dear Forums Members. I have followed your comments and assessments during last few weeks and found those useful. As I am not too much familiar with ground realities, being outside Pakistan. I needed advise for investing Rs 6 crore for next 5 years. What can be the options in terms of mix - societies (DHA/Raiwind Road etc), plot size and commercial / residential? Your advise will be highly appreciated enabling me to make an informed and rationale decision, whether right or wrong that only time will tell.

Iqbal replied on Thursday, January 7, 2016 11:25 PM PST 

8 Marla commercial in civic zone 1 150 feet road phase 9

Tayyeb replied on Thursday, January 7, 2016 11:49 PM PST 

@Iqbal. Is it fine to put all eggs in one basket i.e. Just one commercial plot? What would be the price and what would be the expected gain after 5 years?

Ashfaq replied on Friday, January 8, 2016 12:00 AM PST 

Insha Allaah, in five years price would be more than double plus annual rent would be more than 1.25 crores. do not think to much.

Amjed Malik replied on Friday, January 8, 2016 12:08 AM PST 

Prism 9 zone 1 commercial 8 marla property are hot cake nowadays, difficult to find plot in 150 road @ 650 Lac. Very nice fruit full feature investment. Prism zone1 8 marla plot in main 80 fit road are also good choice.

Tayyeb replied on Friday, January 8, 2016 12:51 AM PST 

@Amjed. What about a 4 Marla commercial in Prism and remaining in redidentisl? This will be diversified portfolio.

Hussain replied on Friday, January 8, 2016 01:09 AM PST 

@ Tayyeb, I was going to suggest the same and then I have a look at your above comment. 4m commercial + something else preferably not in Prism would be good diversification.

Tayyeb replied on Friday, January 8, 2016 01:16 AM PST 

@Hussain & My. What about a 4 Marla Commercial in CZ-1, One Residential in Phase-7 (which phase???), one residential in Fazaia and one residential may be in Sui Gas

Iqbal replied on Friday, January 8, 2016 01:20 AM PST 

@Tayyeb other good option can be 4 Marla commercial oval complex inner circle phase 9 (current value around 3 crores) and one phase 6 E block commercial file of 4 Marla (valued around 280 Lacs currently). If you can afford 4 Marla commercial file of Phase 6 Main Boulevard which is valued around 380 Lacs, that is even better. Currently the main boulevard 4 marla commercial plots of Phase 6 are selling around 7 to 8 crores.

Tayyeb replied on Friday, January 8, 2016 01:32 AM PST 

@Iqbal. Thanks. The options you mentioned in Phase-6 seem attractive. How you view the future of Phase 6 E Block Commercial? What about investment in 8 Marla CZ-2 Phase 9 as I suppose it will be less expensive? And finally any comments on Park View 8 Marla Commerical future? Await your valuable input.

Iqbal replied on Friday, January 8, 2016 01:47 AM PST 

Zone 2 commercial 8 marla is valued around 4.5 crores currently. This is also a good investment but I would recommend to go for commercial in zone 1 (whether 4 marla or 8 marla) or oval complex inner. Phase 6 Main boulevard is more promising. The above options seem more attractive than Park view option

Tayyeb replied on Friday, January 8, 2016 01:55 AM PST 

Just one simple query. The current price at MB, 4 Marla plot is 7-8 crore while file is 3.8 crore. How much expected time will it take for the file to be converted into plot or it is totally DHA's sweet will?

Iqbal replied on Friday, January 8, 2016 01:58 AM PST 

If you want to diversify, i would suggest to go for 4 marl aoval complex inner. Rest can be invested in top
location plots in phase 9. I amm recommending phase 9 because it has good potential to grow in future and curretly prices are low.

Tufail saudia replied on Friday, January 8, 2016 02:06 AM PST 

My advice in your budget is only prism zone1 main 150 fit then 80 fit road 8 marla plot. Get it before late as supply is limited in prism zone 1 commercial 8 marla plot.

Ali Islamabad replied on Friday, January 8, 2016 02:09 AM PST 

If you have little time, prism 9 property zone 1 commercial 8 marla has best investment.

Tayyeb replied on Friday, January 8, 2016 02:10 AM PST 

@Tufail. What will be the tentative price for 8 Marla Commercial on 80 feet and inside the complex?

Tayyeb replied on Friday, January 8, 2016 02:15 AM PST 

@Ali. Hope you would not mind substantiating your basis of statement especially how much time frame we are talking about? As I am fine with 5 years time frame to invest and forget.

Tayyeb replied on Friday, January 8, 2016 02:16 AM PST 

@Iqbal. Can you please advise and assess on residential plot investment in Phase-7 Vs Phase-9?

Ahmet replied on Friday, January 8, 2016 04:34 AM PST 

If I had 60 million, I wouldn't think twice before investing in Prism 8 marla commercial. Look at 'any'
DHA Lahore commercial prices in the last two decades and you'd be able to predict it's future.

Tufail Malik replied on Friday, January 8, 2016 11:05 AM PST 

Tayyab bhai prism zone1 8 marla plot on 80 fit road are nearly 560 to 600 lac depending
location. Very good location and investment in this budget.

Tayyeb replied on Friday, January 8, 2016 08:33 PM PST 

@Ahmet. So you suggest to put all eggs in one basket. The plot is already 5 -6 crore, were the comparable plots at the same price at the same stage of development in other phases? What will be your assessment of the price in 5 years irrespective of status of development works?

Ahmet replied on Saturday, January 9, 2016 03:46 PM PST 

I agree with the diversification of portfolio and putting your eggs in several baskets rule but only if your diversifying across regions. If your investing all in
DHA Lahore, invest in something which will surely give you the gains you need. DHA Lahore commercial has 'never' disappointed anyone unless they bought it a very mature stage. Even then they would've made some. The reason I'm in Lahore property is because I want to buy a well located 8 marla commercial plot in DHA one day where I can build a Plaza. Do not let go of this opportunity if you have the funds. Prism commercial prices will only go up.

Khalid Mehmood Awan replied on Thursday, February 25, 2016 10:35 AM PST 

Prism Zone 1 commercial 8 marla plot is best in this budget, 150 or 80 fit road perfect choice.
>
(69510)
Thursday, January 7, 2016 09:02 PM PST 
is it wort

Dear seniors,
,A newly built 3 bed house is for sale in gardenia ,c block bahria Lahore for 70 lac. Would it be worth buying and putting it on 40000 rs per month rent. Or you have some other suggestion where this much investment can get me more money. Thanks

Habib replied on Friday, January 8, 2016 12:45 AM PST 

is it 5 Merla? Bulit by ?? Give deails

hassan replied on Friday, January 8, 2016 01:32 AM PST 

yes 5 marla, built by owner, a real nice built

Ahmed replied on Saturday, January 9, 2016 04:57 AM PST 

Go ahead, you are getting it 10 to 15 lack cheaper than market price!
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(69509)
Thursday, January 7, 2016 06:49 PM PST 
Investment

Salaam All:
I want to investment Rs 7 million in DHA, Lahore for 1 year. Which phase looks good for 1 year investment plan? Please advise... :flg

Best Regards
Khalid

Surfer replied on Friday, January 8, 2016 04:00 AM PST 

Best buy phase 9 prism good
location plot.
>
(69508)
Thursday, January 7, 2016 06:47 PM PST 

Aslamalaikum,

Anyone have an Idea about Iqbal Avenue Phase-IV Lahore. Is it safe to invest in Iqbal Avenue Phase-IV?

Please advise. Thanks
>
(69507)
Thursday, January 7, 2016 06:11 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
Lahore
DHA
9 Prism
M
734
1 K
Dear LRE

Kindly evaluate current market rates of 1 Kanal plots:

1. M 734
2. N 165

Regards

LRE replied on Thursday, January 7, 2016 08:19 PM PST 

Dear Amir Sb,

Prism Plot # M-734 Around 55 Lacs &
Plot # N-165 Around 58 Lacs

Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(69505)
Thursday, January 7, 2016 05:29 PM PST 
Prism Development Time Frame by DHA

Can any one advise what was the time frame told by DHA before ballotting for completion of development works in Prism

Amir replied on Thursday, January 7, 2016 05:35 PM PST 

3 Years

Iqbal replied on Thursday, January 7, 2016 05:36 PM PST 

The phase will be ready for possession by end of 2018

jnm replied on Thursday, January 7, 2016 05:38 PM PST 

whats the source iqbal sb?

Danial replied on Thursday, January 7, 2016 05:47 PM PST 

Is not it a very short time to complete the development? Will it be practically possible?

ABC replied on Thursday, January 7, 2016 06:37 PM PST 

DHA Management is source

Ahmed Mahmood. replied on Thursday, January 7, 2016 06:49 PM PST 

My Brother Danial and others, we humans cannot know future what will happen, So With the past history of someone we can predict the possible future,I remember Ph 8 ballot was in mar-2010. and I think possession can start with few blocks in 2017.so 7 years for not very big phase.Ph 9 is big and if the ballot was in 2015 june, than expect Possession starting with few blocks in 2022 or 2023.If I am missing anything please correct me.

Danial replied on Thursday, January 7, 2016 07:29 PM PST 

@Ahmed. You are absolutely right considering the past track record. But if DHA has some different plan to do it quick and if stick to its then time line can be shorter also?

opinion replied on Thursday, January 7, 2016 08:09 PM PST 

Too much higher development charges of prism are the proof themselves that dha will develop the phase in 3 years at the most.

RA replied on Friday, January 8, 2016 12:11 AM PST 

The biggest issue for delay in phase 8 development was its deep land which is not the case in phase 9. Most of its land is levelled and ready for development. With more development charges and latest technology and resources as compared to past one predict a shorter time for development. Rest Allah knows the best.

Aa replied on Friday, January 8, 2016 12:47 AM PST 

@RA then u don't know the reality
Phase 9 is 20 feet deep at some places
It's master plan delayed and the reason was its very expensive to raise level at most of points. It will cost them 40 billion if they raise it for development.
And this us the reason we have to pay too much development charges.

opinion replied on Friday, January 8, 2016 01:38 AM PST 

@Aa false information. i have been there physically land is almost leveled i have explored the area on foot.
>
(69504)
Thursday, January 7, 2016 05:19 PM PST 

Dear LRE Team,

Please advise, Which one is better option for...

Ph-8 (Z-Block) or Prism for 5-Marla plot ??
Ph-8 (proper) or Prism for 1-Canal plot ??

I will be thankful
>
(69503)
Thursday, January 7, 2016 04:30 PM PST 

Dear LRE
Please let me know the market value
For Phase 9 , 8 marla commercial
Civic zone 2 plot # 30 near
Thanks

LRE replied on Thursday, January 7, 2016 08:21 PM PST 

Dear Sir,

Your Plot # Civic Zone2-30 Prism Around 440 To 450 Lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(69502)
Thursday, January 7, 2016 04:28 PM PST 
DHA 9 prism, development charges

1.What are the quarterly development charges for 1 kanal plots.
2. How to make bank draft, "Defense housing Authority" is enough or should also mention plot No. in the draft.
3. When to contact DHA if someone has not received allocation letter. Should I wait until end of Jan.
>
(69501)
Thursday, January 7, 2016 04:02 PM PST 
>
(69500)
Thursday, January 7, 2016 03:54 PM PST 
Evaluation

Dear LRE,

Please evaluate Prism Q-623.

Mian Fawad LRE replied on Thursday, January 7, 2016 04:18 PM PST 

Market Value Of Your Plot No Q-623 @ 76-77 Lacs In PRISM 9.

Mian Fawad Ahmad
Lahore Real Estate
Cell: 03024489001 (Viber,WhatAapp,Line Available)
Email: INFO@LREPK.COM
>
(69499)
Thursday, January 7, 2016 11:11 AM PST 

Did anyone receive dha prism letter for 5 Marla ?

holder replied on Thursday, January 7, 2016 11:33 AM PST 

not yet
>
(69498)
Thursday, January 7, 2016 09:46 AM PST 

Assalamoalikum N Good Morning Friends,
I am still waiting for the intimation letter of phase 9. Did any body received the letter now a days?
>
(69497)
Thursday, January 7, 2016 05:49 AM PST 
>
(69496)
Thursday, January 7, 2016 02:25 AM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
LAHORE
PRISM
9
Q
343
1 KANAL
pl evaluate prism Q 343

LRE replied on Thursday, January 7, 2016 02:47 PM PST 

Dear Sir,


Your Plot # Q-343 Prism Around 63 To 64 Lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(69495)
Thursday, January 7, 2016 01:59 AM PST 
>
(69494)
Wednesday, January 6, 2016 10:45 PM PST 
Please evaluate::: P-431 Prism

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
Dha
9
P
431
1 K
LRE. Can you please evaluate P-431 Prism

Investor replied on Wednesday, January 6, 2016 10:47 PM PST 

Please neglect this posting

LRE replied on Thursday, January 7, 2016 02:45 PM PST 

Dear Sir,

Prism Plot # P-431 Around 82 Lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(69493)
Wednesday, January 6, 2016 08:11 PM PST 
Please evaluate::: P-431 Prism

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
Dha
9
P
431
1 K
LRE. Can you please evaluate P-431 Prism

LRE replied on Wednesday, January 6, 2016 08:22 PM PST 

Dear Sir,

Prism Plot # P-431 Around 82 Lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com

Malik2 replied on Thursday, January 7, 2016 01:45 PM PST 

Kindly evaluate 1263-L 5 marla DHA 9 Prism
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