Lahore Real Estate Forum

Saturday, August 29, 2026 05:25 AM
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(68543)
Sunday, October 25, 2015 10:39 AM PST 
An Important Note Regarding Price Assessments

REF: Post # 76807, by Azi

Dear Stranger (and others concerned):

We apologize for the confusion. The difference between P 519 and P 520 prices may be due to development charges included in one price and excluded from the other price but not explicitly mentioned, which it should be. The concerned LRE staff members will IA clarify by Monday.

Some similar incidents have come to our knowledge very recently; we have investigated and found out the reasons of such price differences as plain typos mostly, to sometimes unintentional communication issues/gaps between occasionally careless online support staff who are posting the assessment prices on behalf of the actual (more competent) staff who is dealing in that particular/relevant project. It is extremely embarrassing for us; we take it very seriously, and IA very soon it will be fixed, except for the occasional human error factor which is unavoidable, as it cannot be perfect.

Likewise, as it seems in this case, some times inclusion or exclusion of development charges from the price may be the issue too. For that we need to have uniform pattern of pricing such plots.

Regarding minor differences: it is only natural that different people have different opinions. Two different persons, even at same office, may have slightly different assessments of marketable worth of plots, when asked (this is not an issue for frequently traded file prices, in most cases). Also same person may have reasonably different (or significantly different) assessments at different times, due to changes in market dynamics. It's all but a static market. Moreover, the demand prices and actual tradable prices of plots are usually at least a few Lacs apart.

Please rest assured that we are working to correct such nuances as much as possible.

stranger replied on Sunday, October 25, 2015 10:56 AM PST 

I appreciate LRE concern

Azi replied on Sunday, October 25, 2015 12:28 PM PST 

Dear LRE,
I appreciate your point of view for this note but you have mentioned that the price list of your plots are excluding development charges.

khan replied on Sunday, October 25, 2015 02:13 PM PST 

no in the list below this page i dont see any mention of all plots are excluding development charges.

LRE Management replied on Monday, October 26, 2015 08:46 PM PST 

Update: We have checked thoroughly, the issue is actually not related to inclusion or exclusion of development charges. It is due to typing mistake as claimed by online support staff. The mistake could not be corrected due to relevant staff being off for Muharram holidays. As similar mistakes have happened in last few weeks, we have taken necessary corrective measures, and IA it will get considerably better in near future.

stranger replied on Monday, October 26, 2015 11:23 PM PST 

Excellent

ABC replied on Tuesday, October 27, 2015 12:24 AM PST 

Quality concerns inevitably arise in any work that is produced. It is best to deal with such issues head on by first acknowledging them. Good to see LRE do that and take ownership. Thank you for showing a mature attitude and answering the query rather than sweeping it under.
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(68542)
Sunday, October 25, 2015 03:09 AM PST 

Any body know, when the AGM of SL took place?

... replied on Sunday, October 25, 2015 05:21 PM PST 

Nov.
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(68538)
Saturday, October 24, 2015 06:09 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
State Life
2
EE
708
10 Marla
Please Evaluate my Plot in State Life Phase 2 EE 708
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(68537)
Saturday, October 24, 2015 01:35 PM PST 

Dear LRE,
Pls evaluate DHA phase 8 plot no. 1345. 1 kanal
Thanks in advance.
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(68536)
Saturday, October 24, 2015 08:58 AM PST 

AOA LRE TEAM
Is it good to buy DHA Nine Town 5 Marla file? Do you have any idea about its balloting?
Regards

Adil Saeed replied on Saturday, October 24, 2015 09:08 AM PST 

Files upto Dec 2014 are already balloted. Future ballot date for remaining files is not clear at this point.


Adil Saeed
Lahore Real Estate
0300/ 03224009766
MASaeed786@Gmail.Com

Khawar Bhatti. replied on Saturday, October 24, 2015 11:33 AM PST 

Adil Saeed Sb Salaam!!
Bhai When this Dec 2014
files Ballot happen. I did not see any news on DHA web.
I have Comm 8 M in DHA Town , I bought this file in May 2013. It should be Balloted.
FYI.

Mansoor_uk replied on Saturday, October 24, 2015 12:48 PM PST 

Dear Adil sab
Where is the expected
location of new 1000 file ballot and price of plot will be ?
Thanks
Mansoor
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(68535)
Saturday, October 24, 2015 07:52 AM PST 
Dha Phase 8 Ex air avenue

Dear brother kindly evaluate

Dha phase 8 L 359 one kanal air avenue

Adil Saeed replied on Saturday, October 24, 2015 09:05 AM PST 

Ph 8 L359 is worth Rs 11.3 to 11.5 millions


Please
contact me for more information if needed

Adil Saeed
Lahore Real Estate
0300/ 03224009766
MASaeed786@Gmail.Com
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(68534)
Saturday, October 24, 2015 02:22 AM PST 

I have 22 Lac please advise me where I invest for 3 years. Your comments are valuable for me. Thanks

SL2 replied on Saturday, October 24, 2015 04:28 AM PST 

STATE LIFE PHASE 2

Aziz replied on Saturday, October 24, 2015 02:19 PM PST 

Thanks Adil saeed sb.
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(68532)
Friday, October 23, 2015 02:24 PM PST 

I sold a plot and received Biana. As per agreement, buyer was supposed to make full payment within two months and get plot transferred in his name. In case he fails to do so, the agreement stands cancelled and biana will not be returned. Now almost three months have lapsed I have asked the buyer to complete the payment so that transfer can be completed but he is delaying. I plan to now cancel the agreement. What is the legal way for this, so that he does not create problem for me in future

ZM replied on Friday, October 23, 2015 05:37 PM PST 

There is no need to ask him to make the payment - if you want to keep biana amount, you are legally entitled as per biana agreement to keep biana amount. Keep biana and sell your plot to some else.

NT replied on Friday, October 23, 2015 05:47 PM PST 

@ZM
I don' t think it's so simple.

Farooq replied on Friday, October 23, 2015 08:00 PM PST 

Nasir,

As the agreed period to execute the contract has elapses, you should send him a legal notice confirming that the contract is cancelled and is not valid any more.

Noman ahmed replied on Saturday, October 24, 2015 12:50 AM PST 

Nasir,
He might have taken your original papers.

Navid replied on Saturday, October 24, 2015 12:52 AM PST 

Never take biana in future.....go for the full payment to buy/sell....LRE gives such an option to buyer as well sellers, i think

Nasir Mahmood replied on Saturday, October 24, 2015 04:32 PM PST 

Original documents are with me. Do I need to
contact Lawyer for a legal notice regrading cancellation of agreement or a simple letter from my side will work

Habib replied on Saturday, October 24, 2015 10:27 PM PST 

Give a Bit More time If You Like, Other wise Create Phada and Call Off the deal and depending upon the Biana and mutual understanding you can Forefeit some amount.

In other case it will be Dewani case, The Case can Hang for years. In that time if the man takes stay order you can't sell the plot. However you can finish the case any time by paying full amount of Biana.

Whatever agreement written on biana paper is not 100% Followed in Court as all is not legal. The Fist objection will be who Bought the paper [Only seller should have Bought the paper] was amount of Paper as Ok for amount of deal etc etc

Irfan replied on Saturday, October 24, 2015 10:28 PM PST 

Dear Nasir,

If it's stated in agreement that plot transfer shall be done in 2months failing which Biana shall be forfeited, then you can go ahead and sell your plot and keep Biana with you. It cannot be challenged in any court of law as Buyer is on default.

Another option is to negotiate new selling price with buyer if plot value went up since initial agreement.

To sumup - all depends how Biana agreement was worded.

abc replied on Tuesday, October 27, 2015 12:29 PM PST 

Good thing is return the biana and safe yourself from courts

Nasir Mahmood replied on Saturday, November 7, 2015 09:55 PM PST 

What will happen after legal notice. If buyer still doesn't respond or pay the remaining amount. What will be the next legal action to close the issue. I think legal notice does not ends the case.

Legal opinion please
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(68531)
Friday, October 23, 2015 02:20 PM PST 
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(68530)
Friday, October 23, 2015 12:27 PM PST 

Dear LRE,

Could you please estimate the price of 5 Marla Plot# 232, Block Z5 in IVY Green, DHA?

Thanks,

Phase 8 - Z5 replied on Sunday, October 25, 2015 01:07 PM PST 

Evaluation please?
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(68528)
Friday, October 23, 2015 02:01 AM PST 
Price evaluation

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
Dha
8
Z
1
10
Plz evaluate phase 8 ivy green 10 merla. Plot near Z3 number533. Also can I pay all dev charge to dha with any concession on total price? Thx. Faiz

Salman Maqsood LRE replied on Monday, October 26, 2015 04:53 PM PST 

Dear Sir,
IVY Green Phase 8 Near Z3 533 valued around 48 to 50 Lacs. NO Rebate or concession available on lum sup payment of development charges as per dha policy.

Salman Maqsood
Lahore Real Estate
+923224009967
Email:INFO@LREPK.Com
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(68527)
Thursday, October 22, 2015 09:48 PM PST 

Kindly evaluate 10 marla plot K-858 in dha pahse 9.

Regards
>
(68526)
Thursday, October 22, 2015 08:52 PM PST 

Kindly evaluate T-1163, Phase 8 DHA

Thanks.
>
(68525)
Thursday, October 22, 2015 03:56 PM PST 

Need to buy a commercial plot in Canal Garden, please quote me the rates.
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