Lahore Real Estate Forum

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(69112)
Thursday, December 10, 2015 12:47 PM PST 

I confirmed through my sources that there is not change in the alignment of RR southern loop from ferozpur road till Multan road (as per previous approve alignment). From Multan road onward its status was not decided before and still is not clear. The previous company which gave bid for RR was not willing to give rebate which is considered as a must for Public private partnership contract based on contract clauses. Due to which it has been rejected by punjab govt.(inside teller). Punjab govt is in negotiation with FWO now becz they also submitted bid but their price was higher. Negotiations are going on, all documents are approx. Complete. Govt is buying land for SL1 and SL2. The rumors that RR alignmet through bahria has been changed has no bases at all. Punjab govt is trying to take extra 150 ft road on both sides. They want to make commercial on both sides bcz they believe if they will not commercialise it now. It will be commercialised later on by indivviual land owners. This has make problems in the previous packages of ring road. For example people have made commercialization along the existing RR packages. Contractor constructed the storm drainage drains along the road but after changing the land for commercial and other purposes they use to break the storm drainage drain and put sewerage in it. In some of the area storm drainage exit was in the low lying farmers land which is only used during rainy season. But after the illegal connection of sewerage into the storm drain, now farmers are protesting against Ring Road authority. Now regarding bahria, bahria is willing to handover the land for RR but they are opposing 150' for commercial along the ring road through bahria.
These are the ipdates regarding ring road.

Copies from Post # 77477 by MI

:cl :cl :cl :cl :cl :cl

Info Seeker replied on Thursday, December 10, 2015 01:15 PM PST 

this is a great great info..

Brother can you kindly
update when the work on RR (SL) will start ?? or when would the contract be awarded expectedly and the work to be started on ground ??
>
(69111)
Thursday, December 10, 2015 12:44 PM PST 

Hello,

I wish to invest around 20 million in Dha files for a few years. Which area would be best for secure and reliable purchasing.

Should I purchase a file in Prism 9 Dha , Phase 5 , Phase 6 ?

Anything else worthwhile outside DHA? Must be safe!!!

Any help would be really appreciated.
>
(69110)
Thursday, December 10, 2015 12:34 PM PST 

In continuation to very interesting post#77466 by friend "GOAL"; i want to continue the light discussion today with a slight different but with more specific conditions. hope all the experts and friend will contribute :)

For an overseas pakistani living in middle east since last few years, what can be his work plan to come back in next few years with conditions as below.

1. Current saving in the form of pakistani property b/w 1- 1.5 crores
2. In a profession related to design and construction (Architect or Civil Engineer)
3. Relatively young age between 30-35 (its mentioned beacause he is young enough and in a position to do some hardwork unlike a person who will be entering his 50s and thinking about some relaxed incomes)

His goals after coming back (say after 2-3 years) are

. monthly income of minimum 2 lacs per month.

What should be his workplan or plan of action to achieve his goal, considering his specific conditions(including his current savings)

All serious advises in order to achieve that goal are welcomed

King of Kasur- replied on Thursday, December 10, 2015 12:55 PM PST 

ur expected rate of return is very high but achieveable. I already started work on it
1- start a business related to daily consumables. in this line ROR is high but competition is tough.
2-rental income from commercial investment. ROR is low but less risky. capital grows also.
3- Never go for fixed income source. ultimately ur money value decrease bcz of high inflation in pakistan.
King of Kasur. (currently banished to KSA)

Habib replied on Thursday, December 10, 2015 01:09 PM PST 

Retirement plan Looks nice when you look at it from distance but acutually it is very bad for you health and psychology. Best thing is to continue working is reltively stress free environment and if there some other commitments or old age then flexible job is best.
A Person at 35 should Look for promotion and increment in income than retirement.
However it is always good to have some liquidity = Assest with you which helps to relieve anxiety.

"Relatively young age between 30-35 (its mentioned beacause he is young enough and in a position to do some hardwork unlike a person who will be entering his 50s and thinking about some relaxed incomes)"

Maverick replied on Thursday, December 10, 2015 01:26 PM PST 

Dear Habib,

Did I mention anything like retirment seeking option in my statement ?? i guess not.

You copied my statement at the end in which i have mentioned the age group and his position to do continous hard work rather than become a layback person.

Intent of my question is to ask about some better prospects about doing one's own work/business etc, rather than doing for someone else (i.e. job) which gives a feeling of daily prison, lesser liberties and lesser room to exercise your own ideas and will in life... That all will end up compromising one's overall confidence in his life.

Bottom line is that i am asking for a workplan in given conditions. that what viable growth options are available (of-course sitting idle whole day and eating lazy profits is not an option for a young person)

DXB replied on Thursday, December 10, 2015 02:21 PM PST 

@Habib, good message. Thanks

King of Kasur- replied on Thursday, December 10, 2015 03:17 PM PST 

I disagree humbly with Habib sab.
Working class kay liya aik golden Quote hay;
“They key is to work extremely hard for a short period of time and then make money work hard for you through wise investments that yield a passive income for life.”

Waqar replied on Thursday, December 10, 2015 03:33 PM PST 

Your point is right King..

If person gets free from his financial anxieties... then he can choose anyhting to work upon as per his own choice... not due to forced financial factors... as mostly did in their working lives.

If a person knows that his investments are reaping handsome yields for him monthly and on a permanent basis then he can choose his practical life as per his own will :)

hope all understand

khalid replied on Saturday, December 12, 2015 01:00 AM PST 

In continuation of this GOAL what about if someone invest about 10Million for rental income, say generate 1 Lac per month & rest 5 Million used for business so that he would have the fix income plus he would have the business which can also generate some monthly income with growth & man would be busy as well. Also have his own control on work & movements. Thanks

tahir replied on Saturday, December 12, 2015 01:04 AM PST 

Excellent comments by Waqar; I have the similar situation with personal assets around 15-20 million age 29. I have invested all in DHA and Bahria Town plots in Lahore and Rawalpindi but in near future do want to have decent monthly income along with relatively less stress job!
To be free from financial anxieties and choose anything to work upon as per my choice!!!
Construction of house and rent is one option but I don't like the headache involved in doing so plus qabza issues!! Other I can think of is buying and selling plots that can yield you decent profit but not a guarantee of fixed 2 lac income!
National Savings can yield you 2 lac per month on investment of 2 crore but that 2 crore will be highly inflated in 10-20 years.
My vote is for buying selling plots use brain invest in under priced areas
>
(69109)
Thursday, December 10, 2015 09:16 AM PST 
PRISM COMMERCIAL

Dear Experts

I want to buy 4 MARLA commercial in PRISM for building one day Inshallah .

Considering Civic Zone 1 vs Oval complex right now
which one would you advise ?

I know Oval complex higher priced but I think Zone 1 will be developed earlier due to location and will have potential to build sooner than Oval complex

Plz plz adivse and also give me rates on these two
Do you have any available. ?

thanks
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(69108)
Thursday, December 10, 2015 08:58 AM PST 
Evaluation of plots in DHA

Dear LRE :flg
Please evaluate the following
DHA-9-C-781
DHA-9-N-121
Thank you very much

Mian Fawad LRE replied on Thursday, December 10, 2015 04:52 PM PST 

Market Value Of Your Plot No. C-781 @ 72-73 Lacs And N-121 @ 54-55 Lacs In
DHA Lahore Prism 9.

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM
>
(69107)
Thursday, December 10, 2015 08:57 AM PST 
Evaluation of plots in DHA

Dear LRE :flg
Please evaluate the following
DHA-9-C-781
DHA-9-N-121
Thank you very much
>
(69106)
Thursday, December 10, 2015 08:25 AM PST 
Price estimate

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
Dha
8
V
1298
1k
LRE hats off to ur hard work . Kindly evaluate DHA ph 8 block V 1298. Thanks

LRE replied on Thursday, December 10, 2015 05:43 PM PST 

Dear Umaiz Sb,

Dha Phase-8 Plot # V-1298 Around 155 Lacs


Mian Rashid
Lahore Real Estate
+923028409967
Email:INFO@LREPK.Com
>
(69105)
Thursday, December 10, 2015 01:48 AM PST 
plot purchase in SL 2

Ad Type
City
Scheme
Phase
Plot
Size
Wanted
lahore
State life
2
1
10 mrla
please help me out
also about future of this inestment????
>
(69104)
Thursday, December 10, 2015 12:27 AM PST 
Bahria Town Non-Construction Charges

What impact can be expected on process from this kind of non-construction charges from Bahria Town.

rana replied on Thursday, December 10, 2015 12:28 AM PST 

*
prices

Ahmad replied on Thursday, December 10, 2015 12:52 AM PST 

500,000 ridiculous.... Will just impact the plot price

Ahmad replied on Thursday, December 10, 2015 12:56 AM PST 

500,000 means around 40,000 per month penalty. People who donot have crores to build house will have to sell

MUZZAMIL replied on Thursday, December 10, 2015 02:44 AM PST 

How much for 10 Marla?
i have 10 M plot in overseas-B , havent applied for possession yet , although its available , after how many years non construction penalty starts?

HC replied on Thursday, December 10, 2015 03:55 AM PST 

This print out paper looks shady as that non construction penalty was for main entrance bahria town plots which are more then c kanals, they are like 20 30 big plots some as big as 5 kanals.

Hussain Kaisrani replied on Thursday, December 10, 2015 11:05 AM PST 

@ Muzzamil (and other members of Bahria Town),
There is a misconception among the members of Bahria Town about Non Construction Penalty. It does not matter whether you apply for possession or not rather it totally depends upon the date when Bahria Town announced possession for some project.
No construction Penalty generally starts after three years of possession announced date.

HC replied on Thursday, December 10, 2015 12:49 PM PST 

Sir how much is it for 10 Marla or none

Habib replied on Thursday, December 10, 2015 12:58 PM PST 

one lac

Habib replied on Thursday, December 10, 2015 01:04 PM PST 

Dear Hussain Kaisrani and other dealing there, A doubt is being created that this no Constrtion is only for few plots of 5 Kanal each, but letter is from Bahria Orchard. Can some one tell about other plots in sector A ,B and C Plus Bahria Orcard phase 1 and 2.
And Bahria Pindi. I will request LRE admin to let people post their opinion as it is serious matter.
If this trend Continues it will seriously affect realestate investment from overseas.
>
(69103)
Wednesday, December 9, 2015 11:34 PM PST 
Sale Price Evaluation

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
DHA
Prism Ph 9
N
897
1 Kanal
AOA ,

Main Fawad Bhai , Kindly Evaluate my plot in prism N-897.


Thanks

Rabbani

Mian Fawad LRE replied on Thursday, December 10, 2015 04:54 PM PST 

Market Value Of Your Plot No. N-897 @ 59-60 Lacs In
DHA Lahore Prism 9.

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM
>
(69102)
Wednesday, December 9, 2015 08:58 PM PST 

Alternate to Raiwind near Edenabad
>
(69101)
Wednesday, December 9, 2015 08:34 PM PST 
DHA phase 8

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
Dha
8
V
1335,1338
1k
Salam ! Kindly evaluate these plots in DHA ph 8 (1335V facing park ) & (1338V corner ) . Thank you sir

LRE replied on Wednesday, December 9, 2015 09:05 PM PST 

Dear Naveed Sb,


Dha Phase-8 Plot # V-1335 Around 135 Lacs &
Plot # V-1338 Around 140 To 150 Lacs

Mian Rashid
Lahore Real Estate
+923028409967
Email:INFO@LREPK.Com
>
(69100)
Wednesday, December 9, 2015 08:25 PM PST 
Phase 9 Town Balloting

Please any update about Phase 9 Town Balloting 1000 Files ! :h

Zaheer UK replied on Thursday, December 10, 2015 01:03 PM PST 

DHA is not owning the ballot yet! However there are enough rumors that ballot has already been done.

A little disappointment from DHA Town as R block is now over shadowing DHA town
files. A village is also reported in new DHA town ext map which is not in a favour for town. Also the development will be at the same time as R block.
>
(69099)
Wednesday, December 9, 2015 07:55 PM PST 

Dear LRE,

Kindly evaluate the price of 1 kanal plot Q 416 prism
Should I hold it or sell it?
Your reply would be highly appreciated

LRE replied on Wednesday, December 9, 2015 08:51 PM PST 

Dear Fahad Sb,

Prism Plot # Q-416 Around 92 To 95 Lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(69097)
Wednesday, December 9, 2015 06:21 PM PST 
DHA Lahore Phase 9 Prism Prices Update Block Wise Dec 2015

Prism DHA Lahore Phase 9 Block Wise Prices Update.

(Development Charges ate NOT included. BTW first installment of Prism development charges is due on Jan 31, 2016. )

A 75 to 100
B 55 to 85
C 53 to 100
C 45 to 55 (10 Marla )
D 53 to 100
E 53 to 95
F 53 to 98
F 43 to 55 ( 10 marla )
G 67 to 85
H 52 to 80
J 38 to 43 (10 marla)
J 21 to 30 ( 5 marla )
K 55 to 78 1 kanal
K 39 to 50 (10 marla)
K 23 to 32 (5 marla)
L 52 to 92
L 38 to 50 (10 marla
L 22 to 25 (5 marla)
M 52 to 85
N 52 to 85
P 52 to 100
Q 60 to 100
R 58 to 72
R 42 to 55 (10 marla)
R 27 to 38 (5 marla)

Prism commercial plots
4 Marla= 185 to 290
8 marla= 375 to 600 Lacs

Salman Maqsood
Lahore Real Estate
+923224009967
+923004009967
Email:INFO@LREPK.Com

phase nine replied on Wednesday, December 9, 2015 07:39 PM PST 

Prism
prices moving up. Excellent!!!

Ch Khalid UK replied on Thursday, December 10, 2015 02:59 AM PST 

Thanks for
update.

Xyz replied on Thursday, December 10, 2015 12:48 PM PST 

Phase 9 prism
prices goes up & up & up & up.

Ahmet replied on Thursday, December 10, 2015 09:47 PM PST 

I think the first real jump shall be when development begins.

opinion replied on Friday, December 11, 2015 12:45 AM PST 

Exactally

opinion replied on Friday, December 11, 2015 12:45 AM PST 

Exactally

prism 9 replied on Saturday, December 12, 2015 12:56 AM PST 

Yes Ahmet i commented the same that the day on which machinary will reach the prism site we shall witness a real jump in prism rates
>
(69096)
Wednesday, December 9, 2015 03:15 PM PST 

There are so many files available for purchase within dha ....

Can anybody guide me as to which area to invest in for safe and fruitful gains in future.
>
(69095)
Wednesday, December 9, 2015 01:53 PM PST 

Development Board installed at Kadir topaz road on Velencia check post. Trucks and excavators working behind Valencia (ameer pura)

SM replied on Wednesday, December 9, 2015 01:55 PM PST 

Ahmad bhai you are really a gem on this forum... thanks sir for helping us out who are not there in pakistan right now :)

btw is this today's pic ? and who is the contractor working on this ?

Ahmad replied on Wednesday, December 9, 2015 02:00 PM PST 

Yes I am on site. Everything written on board.work in progress.

SM replied on Wednesday, December 9, 2015 02:06 PM PST 

Ahmad bhai... what the target or time frame they been given by the authorities for the completion of this road ??

Are they commenting ont his question ?

Ahmad replied on Wednesday, December 9, 2015 02:07 PM PST 

Pretty fast paced. But can't comment on time

SM replied on Wednesday, December 9, 2015 02:08 PM PST 

OK OK , is the work been started from the other end as well ? i mean in vicinity of Lake/Fazaia ? or anywhere in the middle ?

Ahmad replied on Wednesday, December 9, 2015 02:11 PM PST 

Three areas. One from Fazaia. On bridge between Eden and dha rahber and between defence road and Kadir Tobpas

SM replied on Wednesday, December 9, 2015 02:29 PM PST 

ahmed bhai board ki full pic nahi li aap ne :)

SM replied on Wednesday, December 9, 2015 02:29 PM PST 

yes it is full.. sorry pehle enlarged dekh raha tha

SM replied on Wednesday, December 9, 2015 02:33 PM PST 

where the exact spot from where you took this pic ?? is it the place from where this new road and valenica link road will be separated ??

Ahmad replied on Wednesday, December 9, 2015 02:49 PM PST 

Yes. I took pic on bridge on Nala on Valencia link right before it's entrance check post

Ahmad replied on Wednesday, December 9, 2015 02:54 PM PST 

Yes impact is huge as population will grow rapidly in this area. LRR will double the impact

SM replied on Wednesday, December 9, 2015 02:58 PM PST 

Ahmad bhai... The double road between DHA rahber and Eden is already there operational...will this new road will use the same or will there be another alignment parallel to it ?

Ahmad replied on Wednesday, December 9, 2015 03:05 PM PST 

Road between rahber and eden will link. Some work is going on on this road as well

Ahmad replied on Wednesday, December 9, 2015 03:05 PM PST 

Road between rahber and eden will link. Some work is going on on this road as well

SM replied on Wednesday, December 9, 2015 03:25 PM PST 

I am having problem with posting a discussion note since this morning. anybody can help ?

Furqan replied on Wednesday, December 9, 2015 04:15 PM PST 

Ahmad bhai sui gas phase 2 WILL boom or not with link roads n with LRR plz guide me

Ahmad replied on Wednesday, December 9, 2015 04:22 PM PST 

Yes it will pass through residential portion of eden but since it is double road with service roads so no issue

MUZZAMIL replied on Thursday, December 10, 2015 02:54 AM PST 

Thanks Ahmed
shaukat khanum is next kalma chowk

Hassan replied on Friday, December 11, 2015 03:57 AM PST 

Test
>
(69094)
Wednesday, December 9, 2015 01:30 PM PST 

Valencia can't maintain its roads?

Valencia replied on Wednesday, December 9, 2015 01:49 PM PST 

Its about how serious and active that society is... so far it seems maintenance of the society is not in their priority list. If roads of valencia can be at par with wapda town then rates there would surely jump.

Ahmad replied on Wednesday, December 9, 2015 01:55 PM PST 

Why don't people of Valencia intervene? They are biggest stake holders as they are the owners.

valenica replied on Wednesday, December 9, 2015 02:07 PM PST 

PPL hardly bother sir... yaha gutter khula ho to log raasta badal lete... but kisi ko hardly he taufiq hoti k ja k complaint ker de... aap road maintenance ki baat ker rahe ho... who cares here..

Ahmad replied on Wednesday, December 9, 2015 02:15 PM PST 

I am in this area right now. New alternate road will be blessing as it is too much time consuming to cross bad roads of Valencia and reach defence road.

Ahmad replied on Wednesday, December 9, 2015 02:16 PM PST 

People don't think how they are damaging their property

Valencia replied on Wednesday, December 9, 2015 02:35 PM PST 

Ahmad bhai aap ne jo pic post ki wo exactly kis point pe hai

Ahmad replied on Wednesday, December 9, 2015 02:57 PM PST 

On bridge before Valencia check post

Ahmad replied on Thursday, December 10, 2015 12:40 PM PST 

People themselves devalue their property and can't even realize. I am in this area right now. New alternate road will be blessing as it is too much time consuming to cross bad roads of Valencia and reach defence road.
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