Lahore Real Estate Forum

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(68952)
Thursday, November 26, 2015 05:59 PM PST 

Ad Type
Scheme
Phase
Block
Plot
Size
For Sale
Prism
9
H
857
1 Kanl
Could you please evaluate H-857 in DHA Phase 9

LRE replied on Thursday, November 26, 2015 07:28 PM PST 

Dear Hasan Sb,

Your Plot # H-857 Prism Around 68 Lacs


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(68951)
Thursday, November 26, 2015 03:47 PM PST 

Please evaluate myfollowing plots,

* B-338 (1Kanal Prism 9)
* G-465 (1Kanal Prism 9)


Best Regards,

LRE replied on Thursday, November 26, 2015 07:30 PM PST 

Dear Kamal Sb,

Prism Plot # B-338 Around 72 To 73 Lacs &
Plot # 465 Around 70 Lacs

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

RA replied on Thursday, November 26, 2015 09:40 PM PST 

Salman Sb,
With due respect, may I ask you the difference between B-336 where you gave estimation of 82 lacs in below posts and B-338 where you are giving estimation of 72 lacs?

Moreover, I believe both of above plots are average
location on average road while B-245 is a cornor plot with direct access from 150ft road but you gave estimation of 68 lacs. I am really confused and will gratefull for your kind response.
Thanks
Kind regards,

MIM replied on Friday, November 27, 2015 01:56 AM PST 

Dear RA

Please appreciate efforts of LRE
team for such a good work. They give you tentative rates. These are not bata shoes where price is fixed by company. There are thousands of plots for which they are giving tentative price. It in impossible for normal person to quote same price which was quoted week before.

It seems you are accusing Salman as if he charged you for advice. You can second opinion from market.

Kh. Zahid replied on Saturday, November 28, 2015 04:09 AM PST 

@MIM. Everyone has right to ask about any query. You should ask your question. Dont try to stop others from their right,

RA replied on Saturday, November 28, 2015 11:53 AM PST 

Dear MIM,
You completely mis-understood in a negative way. I am a big fan of LRE and always appreciate their true and sincere efforts.
I was just a question for my knowledge. I am 100% sure about the bonafide intentions of LRE for all evaluations. Either their could be a typo error or Mr. Salman will definitely have a good reason for this bid variance. Since I am an overseas and have no updated knowledge of ground realities, therefore asked that question with purely good faith.
Asking question is not disrespecting anyone rather the main beauty of this form created by CMY whom I consider the real property guru, mentor and a benchmark in the history of pakistan real estate business.
I am sure neither Salman Sb not any other member of LRE would be upset with my question. But I still apologize for any inconvenience caused to anyone.
May God bless all of us.
Kind regards,
>
(68950)
Thursday, November 26, 2015 03:31 PM PST 
Plots in R Block Prism

Dear Brothers , Aoa..Finally I have retired 2 months ago from ADC ( Arabian Drilling Company ) after 26 Years .

I am interested to purchase a very good location kanal plot ( 90 to 95 lakh ) in prism . My son who is a young army officer suggests purchase 3 good plots 5 marla in R Block ( 36*3) for 108 lakhs approx.
I am confused . Rest Allah Pak knows better .Please suggest . I have to take decision fast .

Best Regards
Saim Ahmed

Z.F replied on Thursday, November 26, 2015 05:12 PM PST 

if its me i will buy 2 5marla good
location nd 2 average location plots in K block.

Akhter replied on Thursday, November 26, 2015 09:50 PM PST 

Looks someone is trying to create many scenarios by using ADC name. Thanks

Haseeb replied on Friday, November 27, 2015 12:09 PM PST 

Z.F pls explain a little more.
Pls tell us why do you prefer K block? I have one plot there but don't know, should i keep it or sell it. Pls let me know why Prism K block is good.

Mian replied on Friday, November 27, 2015 12:31 PM PST 

@Saim Ahmed sb.
Its better to buy one very good
location plot of one kanal in A,C,D,P,Q in prism because you have to pay developments charges for 3 plots of 5 Marla i.e approx 27 lack. While in one kanal you pay 20 lack approx so you save 7 lack. Secondly after 3 to 4 years the gain for one kanal may be approx 100% to 150% approx. So at the day end you have a good plot as well as good investement in your hand
"In Shaa Allah"

Qamar replied on Friday, November 27, 2015 06:09 PM PST 

@Mian your advise is good, however at time of need person can sell one small plot to meet his urgent need instead of disturbing big piece of land.
>
(68948)
Thursday, November 26, 2015 12:30 PM PST 

dear salman
please evulate dha phase 9 oval complex 4 marla near 245 should i hold for 3 years how many profit i expect
please give me your expert opnion
thanks

Salman Maqsood LRE replied on Thursday, November 26, 2015 02:27 PM PST 

Dear Sir,
Prism Oval Is valued around 255 to 260 Lacs. You can hold for sure for 3 Years. Healthy Gains expected.

Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(68947)
Thursday, November 26, 2015 11:40 AM PST 
Price evaluation

Dear LRE team

Can you please evaluate DHA Phase 7 plots

X block near 134
U block near 1958

Thank you

LRE replied on Thursday, November 26, 2015 02:38 PM PST 

Dear Sir,
DHA Phase 7 Near X 134 is valued around 105 Lacs
DHA Phase 7 Near U 1958 is valued around 85 to 90 Lacs

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(68945)
Thursday, November 26, 2015 05:47 AM PST 

With some of these basic principles in mind, do check DHA Lahore phases and you may be surprised to find out that there are many anomalies and myths. For example, I disagree that Phase 9 location is better than Phase 6, 7 or Parkview as is generally believed in the market and I could have detailed arguments on this. Similarly, on development, can DHA complete any phase development in 3 years. In my opinion not, as it has not happened ever in DHA and it may not happen in future also as institutions, processes and environment remains the same.
Disclaimer: I have investments in different DHA phases and some I prefer more than others simply because market distortions provide huge returns. This is my point of view and you are most welcome to disagree though I hope with logical arguments.

Mrs Imran replied on Thursday, November 26, 2015 11:27 AM PST 

What is your point? Phase 9 ko 10 saal lagy gai... Mery pass phase 7,8 k plots hai but still waiting for possession.. Its been 12 years now, people have invested in dha to make thair house including me, my whole life savings, realestate is not just investors business, normal ppl r also suffering, and DHA should stop this making money business

Farooq replied on Thursday, November 26, 2015 12:55 PM PST 

that's the only business? secure & profitable

Mrs Imran replied on Thursday, November 26, 2015 01:08 PM PST 

Ap log nai samaj sakty majboor logo ke majborian, doing business is very good, business karny waly business kary but they should give possession now, jab development charges liy bhi 10 saal ho gai hai to ab tak development kew finish nai hui phase 8 ke and now they will do the same with phase 9

ali replied on Thursday, November 26, 2015 01:46 PM PST 

Dear Imran
Its not DHA who is at fault it is us who make it as business and do haphazard buying and selling and doing speculations.
If you have kept Phase 7 and 8 for 10-12 years certainly you have gained from your investment! You will get possession soon in a year or so.
Now what we learned from this exercise! When there is new Phase launched don't buy don't buy or buy at less price like 30-40 lac per kanal for phase 9 or similar may be acceptable.
So, the best time to purchase land is when it is near developed or possession is near thats where people make money.
The people who made money are not one who bought 10-12 years ago rather those who bought it 3 years ago.
Go the point! similarly there will be ups and downs in Phase 9 when
prices are low; development/possession is near time to jump in and buy.
For DHA it's kind of true buy the plot in your lifetime and your children will make house on it! So better buy on ground developed or near to developed plot to make house in your life.

Ahsan replied on Thursday, November 26, 2015 02:37 PM PST 

@ali. Your opinion is correct. Property is always a long term investment and partiularly if u r buying a non developed plot in DHA. Now in this forum there is always a discussion going on about phase 9 development within 3 years time. I do not understand how people this and support and argue on it. As has been said hundred times that phase 9 is almost equal in size to phase 6 and 7 together, or even bigger I think.

Phase 9 will take its time which will not be less than 7~9 years. As discussed in eaelier posts as well, those who are looking to construct their houses in phase 9, must have to wait atleasr 7 years, if not more than that.

This is a on ground reality which cannot be changed by mine or anyone else's like or dislike. I will not comment on
location of any of the DHA phase as each has its own pros and cons. If it is DHA, for sure it will develop reach to its maximum, but on its time.

Javed replied on Thursday, November 26, 2015 07:19 PM PST 

@Hammad, Yes agreed DHA Valley is another example. 7 years gone from the lauhching still does not know when we get possession.

jameelmughal replied on Friday, November 27, 2015 05:31 AM PST 

@ hammad Ali Unfortunately Market value Works on myths Like DHA Phase 7 Y Block is near Indian Border and S Block 700 Yards away is Not. And Phase 6,and 8 are not at all near border.
@ Ahsan Regarding investment in DHA phase 9 Chances are quite likely that people who will invest midway in its life cycle will earn same amount as people who are investing now, So why I should Block money 2015 to 2019. I may be be able to get better return somewhere else.
The People who are frustrated in delay of development need to learn experience from other examples in past which are already there .
I always said that if you want to make home in 3 years you should buy in areas where Possession is given today like in phase 7.

fed up replied on Friday, November 27, 2015 12:04 PM PST 

Prism ko 100 saal lagy ge develop hone may. so you all better get out of it.but please apne tabsary band karo please

exc replied on Friday, November 27, 2015 12:34 PM PST 

Finally some sane voices on this forum. Unfortunately, most people here are very sentimental about their investments (understandably so) but the fact of the matter is that (without commenting on
location), phase 6 will be where phase 5 is now in the next 5 years. Phase 7 will be where phase 6 is now in the next 5 years, phase 8 will be where phase 7 now is in the next 3 years (because of being surrounded by already developed phases) and phase 9 will be where phase 7 is now in the next 8 years (if all goes well and development is not delayed).

Mrs imran replied on Friday, November 27, 2015 07:50 PM PST 

Yes@ exc ap bilkul sahi khe rahy hai

AlCapone replied on Saturday, November 28, 2015 12:05 PM PST 

@ exc phase 8 will be where 7 is now in 3 year???? please compare phase 8 best block with phase 7 best block NOW!

Phase 8 is the proof that
location matters alot with little affect of development.

Phase 7 investors are just hurt that's all.

supporter replied on Saturday, November 28, 2015 11:10 PM PST 

@AlCapone very valid and strong argument.
Location matters a lot in the valuation of property. Phase 9 has strong location. Bad luck for 7 holders may be.
>
(68944)
Thursday, November 26, 2015 02:20 AM PST 

Dear Sir,

Can you please evaluate & suggest plot price in DHA Phase 7, Block Y, near Plot # 1457.

Regards,
SHAS

LRE replied on Thursday, November 26, 2015 02:40 PM PST 

Dear Sir,
DHA Phase 7 Near y 1457 is valued around 95 TO 100 Lacs

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(68943)
Thursday, November 26, 2015 01:52 AM PST 
Praise evaluation

Dear Salaman

Please evaluate the current value of Phase 9 , 1155 and R 2505

Which one is better to hold

Thanks

Qamar replied on Thursday, November 26, 2015 01:53 AM PST 

K 1155

LRE replied on Thursday, November 26, 2015 07:36 PM PST 

Dear Qamar Sb,

Prism Plot # K-1155 Around 25 To 26 Lacs &
Plot # R-2505 Around 33 To 34 Lacs

Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(68942)
Wednesday, November 25, 2015 11:26 PM PST 
Price Evaluation

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
Lahore
DHA
7
Y
near 4301
Kanal
Please evaluate price of 1 Kanal plot near Y-4301 in DHA Phase 7 :h

LRE replied on Thursday, November 26, 2015 02:39 PM PST 

Dear Sir,
DHA Phase 7 Near Y 4301 is valued around 85 to 90 Lacs


Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(68941)
Wednesday, November 25, 2015 09:02 PM PST 

Dear Brothers ,
Aoa ..My sister is purchasing an old house in DHA Phase 3 Z Block ( 10 Marla ) . It is costing her 1750000+600000( transfer /commission )=1.8 million approx .
If we spend 10 lakhs for rennovation . Is this a reasonable deal . Please suggest .

Best Regards
Saim

Correction replied on Wednesday, November 25, 2015 10:53 PM PST 

I am sure you mean 18 million, one crore eighty lacs that is

Humayun replied on Thursday, November 26, 2015 01:16 AM PST 

I think good deal but how old the house is also matters a lot.

Ahmed replied on Thursday, November 26, 2015 03:34 AM PST 

Phase 3 z block there is a old 10 marla house worth of 12.5 million and also worth of 25 million, it depends on the
location, not the construction cost because all houses 15y or more old are counted as MALBA only worth of 1 to 1.5million. Must look for the location.

jameelmughal replied on Thursday, November 26, 2015 01:43 PM PST 

Go ahead Price is Ok as per market today.
Just Make sure that old house have solid Construction, In DHA you can get many houses in this Budget all depends How good
Location and what condition of House. I was looking for such a house in 2010 when a House like this was 90 to 110 depending upon location. I saw 14 houses ranging from 75 Lac to 120. Surely level of House is Not an issue in DHA as they are making road every 3 years [To get Budget] So level remains constant. The only issues can be seepage of Baths and Kitchen especially upper floor almost impossible to remedy and Location.

Eagle Eye replied on Thursday, November 26, 2015 01:50 PM PST 

Seems like a good deal.Even you spend 20 lakh.Still i think very reasonable

Saim Ahmed replied on Thursday, November 26, 2015 03:33 PM PST 

Jameel Bhai ,
location is on 60 ft road but back is Charar Pind graveyard . Front is nice .

Jameel MughalŪ replied on Friday, November 27, 2015 12:41 PM PST 

I think I have seen it his House in 2010, Or at least a House in same
location. It was offered to me in 90 Lac at that time. If it is same it have some 1/2 Heated renovation like tiles in one or two rooms and rest chips.
I can tell you this House is good for living as areas is nice and have very good access and 60 feet road yo just need to safe guard back side. For reselling and investment it is not good house. It is quite possible that the same house is still in market since 2010 or may be some investor is reselling. You can judge that price gained from 90 to 165. But On Back side Graveyard is big minus.

Qasim replied on Friday, November 27, 2015 10:38 PM PST 

compare it!
10 marla house vs 1 kanal house
old house vs new built according to your requirements
if you requirement is 10 marla then 1 portion you can give it to rent!
No problems in new house
future value will be more of you 1 kanal house; when phase 7 fully developed value can be increase to 1.5 times!
think about it! That what I am planning....so giving you the same advice.............
I am in Hong Kong! I plan to come back after 1 year, so with 200 lac i wont go for old 10 marla house in Phase 3 rather I will build 1 kanal house in phase 7 or phase 8
all the best

raza replied on Friday, November 27, 2015 10:50 PM PST 

Qasim dha phase 3 is the heart interms of amenities inhabitation and so much developments
malls parks mosques, I understand you might have investment in phase 7 that does not mean ppl stop buying in developed phases for house living.

Phase 7 has 10s of thousands of plot some one might not like living in empty space near to the edge

Qasim replied on Friday, November 27, 2015 11:11 PM PST 

Dear raza
Thank you for your reply!
I understand your point of amenities ; I believe new phases like 6,7 and 8(in future) will also have these amenities.
You are right; it also depends on your lifestyle/preferences!
My thinking is; everyone has a car so living 10-15 mins away from amenities time being is not big deal; look at benefits you get in terms of investment, new construction, area etc
I may be wrong!
In Pakistan for middle class family; house is living as well as main asset! so its better to sacrifice at present little bit but at the same time built a long term asset for your future generation!
If they lot of money then its ok to live in phase 3 and enjoy life for 10-15 years and then house will be malba
Since I have limited resources I will prefer to live in new house with less luxuries but my next generation will also benefit! the lifespan of new house, 1 kanal etc etc after 10+ years you wont see much difference mark it!

Qasim replied on Friday, November 27, 2015 11:13 PM PST 

What brother Siam asked is different opinions!
everyone has its own opinion and all are true in some context!
I think Siam will choose based on his own circumstances, financial situation etc
I wish you all the best!
May Allah guide you in correct direction!
>
(68940)
Wednesday, November 25, 2015 08:09 PM PST 

Sir pls can u let me know dha multan price today
somebody give me 29 lac today your price today is
2865 ?

Mian Fawad LRE replied on Thursday, November 26, 2015 12:19 AM PST 

Dear Akhtar,

Current Price Of
DHA Multan Is Rs. 28.65 Lacs


Mian Fawad Ahmad
Lahore Real Estate
+92-302-4489001
>
(68939)
Wednesday, November 25, 2015 06:02 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
lahore
dha
phase 9 prism
R
1743
5 Marla
Please evaluate market price Thanks. :h

LRE replied on Wednesday, November 25, 2015 07:49 PM PST 

@ Khurram Sb,
your plot market worth around 30 Lacs.

Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com
>
(68938)
Wednesday, November 25, 2015 05:53 PM PST 

Below Post in Google Earth view
>
(68937)
Wednesday, November 25, 2015 05:49 PM PST 
Double Road From Raiwind road to Badian Road

I showed at google map . work on a double road from bhobatian raiwind road to badian road is going to start soon :cl :cl

khan replied on Wednesday, November 25, 2015 06:08 PM PST 

What is your source of information? I doubt it because when Lahore ring Road is going to be built which is likely to start very soon then this proposed road would be redundant & I don't think that govt would like to spend money on this road

khan replied on Wednesday, November 25, 2015 06:14 PM PST 

According to my understanding the Raiwind would be connected through Sua e Asil Road till Hyer & I guess the paper work in this respect is underway

khan replied on Wednesday, November 25, 2015 06:14 PM PST 

According to my understanding the Raiwind would be connected through Sua e Asil Road till Hyer & I guess the paper work in this respect is underway

Asim replied on Wednesday, November 25, 2015 07:58 PM PST 

tell us about it more,would this road will be along both side of nala? what would be the impact on dha phase 9 ?

road replied on Wednesday, November 25, 2015 11:06 PM PST 

This road is along side hadyara nala from bhobatian to kahna kacha on defence road and from kahna kacha to badian road on hadyara drain.

Shehbaz Bajwa replied on Friday, November 27, 2015 12:30 PM PST 

I think there is substance to this news. New bigger electric towers have been planted on both sides of the nala starting from multan road. They are between defence road and ali akbar road. So something is cooking up.
>
(68936)
Wednesday, November 25, 2015 04:18 PM PST 
Prism 9 Price Evaluation

Dear LRE,

Could you please evaluate the prices of following plots in Prism?

1. B-245, Kanal, Cornor
2. J-925, 5 Marla, Facing Park
3. R-1424, 5 Marla

Thanks
Kind regards,

LRE replied on Wednesday, November 25, 2015 07:52 PM PST 

@ RA,
Prism J 925 market worth around 24 Lacs.
Prism R 1424 market worth around 29 to 30 Lacs.


Asim Irfan
Lahore Real Estate
+923224003475
Email:INFO@LREPK.Com

Salman Maqsood LRE replied on Wednesday, November 25, 2015 07:53 PM PST 

@ RA,

Prism B 245 market worth around 68 to 70Lacs.


Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
>
(68933)
Wednesday, November 25, 2015 02:45 PM PST 
>
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