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

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(68500)

DCUF

Wednesday, October 21, 2015 01:48 PM PST

Reply:

AoA LRE team
Plz evaluate plot
DHA phase 8 commercial Broadway
block D
plot # 213

Salman Maqsood LRE replied on Wednesday, October 21, 2015 02:21 PM PST

Dear Sir,
Your plot is valued around 275 to 280 Lacs.

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

(68499)

Central Park

Wednesday, October 21, 2015 01:46 PM PST

Reply:

can you please evaluate plot D-0446 central Park
bought it in 2004 and no sign of posession as yet😭

LRE replied on Wednesday, October 21, 2015 02:32 PM PST

Dear Sir,
Your plot is valued around 15 Lacs. its seems that Management has no land yet for non developed.A B, G and Some Portion of F Block has possession. On the other hand D,C,E, H block still just on map, No major development to develop these blocks. We are not sure How long further it can take.Developed area get a lot and getting populated day by day.

Mian Waqas
Lahore Real Estate
+
Email:INFO@LREPK.Com

(68498)

Jameel Mughal�

Wednesday, October 21, 2015 01:43 PM PST

Reply:

No construction penalty in DHA 6 , 83,000 per year looks unjustified, As In DHA 3 20 years after expiry of Constriction grace period this charge was escalated to 55,000 in in 2010. Earlier charges were nominal soon after DHA phase 4 and 5 Charges were also increased. It is Unjust to charge same rate for Phase 1 and Phase 6.

MS replied on Wednesday, October 21, 2015 02:38 PM PST

dha is now following in Bahria Town Footsteps. i think main purpose to make the plot holders to think for house construction or make money as thousands of are vacant in phase 5,6 and 7.

saima replied on Wednesday, October 21, 2015 10:03 PM PST

now prices will decline as investors will pull out soon

MMS replied on Thursday, October 22, 2015 12:17 AM PST

You are right saima! This will also show the real "Supply and Demand" rule. If the plots are bought by the investors. Then technically plot stays in the market. Actual buyers are usually the one who wants buy a plot and build a house.

regards

jameelmughal replied on Thursday, October 22, 2015 02:25 AM PST

It is Two edge sword, In case of Bahria 4,5 years Back I expected the same but in fact prices increased when more construction was seen, However that also coincides in 2011 to 13 price Boom.
Houses are usually Built by 3rd or 4th Generation buyers. I myself think one should pay the dues and watch. And Some how put the pressure on DHA. Yes that is right if some one is not building 20 years after possession like in case of Phase 1 to 4 that can be justified but for Phase 6 which is just nascent and community is trying to strive this is very much unjustified.

khan replied on Thursday, October 22, 2015 04:58 AM PST

its a matter of perception
yes investment is good, but eventually the purpose of plot is to build a house. either u make one, or sell it to someone who has money to build one
just my two.cents

(68497)

Asad

Wednesday, October 21, 2015 12:50 PM PST

Reply:

Dear LRE team. What will be the location of park view phase 8 commercial for the files? Is it good and safe investment and when a person can make plaza or sale for good return?

Salman Maqsood LRE replied on Wednesday, October 21, 2015 02:15 PM PST

Dear Sir,
Expected Location for Park view Files is A Block. Location wise worthy to buy. It can yield healthy profits in next 2 to 3 years. The choice is yours either make plaza or retain as investment. Recommendable.

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

(68496)

maj786

Wednesday, October 21, 2015 11:18 AM PST

Reply:

plots in islamabad

Ad Type

City

For Sale

islamabad

Can anyone please advise which website is best to check plot prices in islamabad and which parts to invest in ideally on installments. Thanks you for reading

(68495)

Jameel Mughal�

Wednesday, October 21, 2015 03:03 AM PST

Reply:

Development Charges of DHA 9 and IVY green

Dear All,
Intimation letters are being issued for sucesful Ballot Holders of DHA 9 prism and IVY green. The last date of first installment is 15th Dec, Failure to do so will impose 20% Annualized fine on non payment/ Due Amount, If yo don't get intimation letter due to some reason till mid of November it is better to Contact DHA Office.
Paying Directly to DHA specified bank [filling up Challan form available in DHA office] You can save Demand draft/ Payorder charges which can be upto Rs 1000 if you are are not an account holder.

MUZZAMIL replied on Wednesday, October 21, 2015 03:37 AM PST

Sir which specific bank (specific branches?) will take installments?
cant we download challan form OR its a must to visit DHA office to get it separately for each plot?

LHR replied on Wednesday, October 21, 2015 06:04 AM PST

dear all,

dha not yet confirmed the development charges for Prism, they will it will confirmed on the letter, please confirm anyone who receive letter for prism and development charges are there for 5 marla 10 marla, thanking you u all in advance.

asma replied on Wednesday, October 21, 2015 04:50 PM PST

why prices are not announced on DHA web site?

Webster replied on Thursday, October 22, 2015 12:23 AM PST

If some one get the letter then please share the actual letter with detail of charges

Assistance required replied on Monday, October 26, 2015 02:57 AM PST

dear all,

i heard by one of my friend that Dha prism 5 marla charges are not 09 lac its about 7 lac to 7.5 lac only. please confirm if some receive official letter by Dha

(68494)

asma

Wednesday, October 21, 2015 01:18 AM PST

Reply:

plz give my remarks about shadab colony adjacent to pak arab housing scheme on ferozpur road. i am going to purchase 5 marla plot here. in pak arab 5 marla plot is 40 to 60 lac and in shadab colony 5 marla plot is 16 to 23. why there is huge price difference?

Jutt replied on Wednesday, October 21, 2015 02:54 AM PST

there is security and infrastructure (Colony Roads, Sewerage) issues in shadab colony that is why population like to go pak arab society rathar than colony

jameelmughal replied on Wednesday, October 21, 2015 01:41 PM PST

Price Difference is huge Location is Almost same and Infrastructure and resale is Better in Pakarab, In Both societies People are living. It is Upto you if You have Budget issue then Shadab is only Option. Any way Pak arab is also not A Class society. For Investment point of View also shadab is better as it will grow More than Pak arab. However is Less reputed socities Like Shadab you need to be careful about fraud, Get Only Plot which is transferable By Registry and Intial in Patwar Khana. And Get Good Info from Patwar Khana Before Token or Biana.
Also take Into Account these Figures
Shadab colony 5 Merla House 20+ [30 Lac For B Class Construction]= 50
Pak arab House 45+ [30 Lac For B Class Construction]= 75
I mean Construction cost will be same in both, then difference in Houses will be lesser.
Also Someone Quoted you price of Highest priced plots in pakarab

Arshad replied on Wednesday, October 21, 2015 05:01 PM PST

In 40-45 lacs you can get a good plot in Pak Arab check E block. But
if you have plan to construct after 2 years better to buy in F1-block(27-30 lacs) as it will be having possession in an year or so.

asma replied on Wednesday, October 21, 2015 08:21 PM PST

jameel sb I want to invest 2 million on ground plot. plz suggest me location may b I construct a house there and eat rent of the house. I have already plot in prosm phase 9 5marla on boundary I want sell it now.

jameelmughal replied on Thursday, October 22, 2015 02:54 AM PST

when you are aiming at rent it is always bad idea to Construct house and rent new house. The reason is If you live yourself your hous will still look new after 10 years and if you rent it you cant recognize after 5 years. The reason is harsh use and lack of in time management.
People who are looking for for renting houses they buy old bulit houses with sold Construction and then make its portions. Mostly these houses are available on Plot Price, area being old gives a lot of rent as compared to new area. i give you an example. A house Bought by my relative
In BOR near Johar Town there are 3.5 Merla houses Most are double story roads are wide,Location is Prime. These were built in 2000 and Initial Price was 9 to 11 Lac. Now these Houses are available 45 to 55 Lacs Most need renovation. The possible rent is minimum 20+15=35, This best Cost to rent ratio I know in Lahore and Capital gain is also there. Similarly 5 merla houses in Johar Town, Faisal town and Allama Iqbal town also yield maximum rent even more than DHA. Because of central Location

Hassan C replied on Thursday, October 22, 2015 05:21 AM PST

Jameel sahib very good analysis. This has helped some of my perceptions as I wanted to build house for rental purposes when I will resettle in Pak from Overseas.

In summary you are saying if want to get rental income buy houses in mature societies at or near cost of land you will get the house and can take rent, As land value will go up price will go up.

But if we buy new plot and make a new house, every year structure cost will be depreciated and eventually structure will not have much value in 10 years and only land value we will get when will sale the rental house.

Based on that may be amount of rent taken in 10 years may be less then the depreciation of the newly made house.

Habib replied on Thursday, October 22, 2015 01:10 PM PST

In Pak arab you can easily get a resonable Loction in 40 Lac with Possession and ready for Construction, I dont know which prime location you are talking in 60 Lac

asma replied on Thursday, October 22, 2015 05:23 PM PST

thanks a lot jameel sb. your words make my mind clear.sir I have totally 3 million and one file in dha prism phase 9. plz suggest me what I do with this money? I want to buy an old house in decent society.

Visitor replied on Friday, October 23, 2015 11:45 AM PST

@jameelmughal: Excellent analysis, it revives the confidence in the forum as there aren't many people here who will give honest opinion. All seem to be inclined to their own benefits.

I would however like to disagree slightly with the idea considering that new localities with potential will eventually gain more weight as they get popular. Plot prices in area increase and that affects the house price. Lets take DHA Rahbar 1 for example, it has possession and one can start constructing now and rent it out, Compared to johar town and iqbal town DHA Rahbar has more potential to grow and same plot that you can get for 25 lac now will probably be 40 lac in a few years so the equation IMHO would be

when constructed 25+30 = 55
in a few years 40+30 = 70 - 10 (wear and tear) = 60

rents also increase with time in new areas.

your thoughts/comments please!

(68493)

Fakhar Khan

Wednesday, October 21, 2015 12:43 AM PST

Reply:

Ad Type

City

Scheme

Phase

Block

Plot

Size

Cur. Rate

Lahore

DHA

1159

1 K

Kindly evaluate Plot 1159 in H Block Phase 9. Thanks

Salman Maqsood LRE replied on Wednesday, October 21, 2015 02:42 PM PST

Dear Sir,
Your plot is valued around 64 to 65 Lacs

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

(68492)

Syed Mazhar Abbas

Tuesday, October 20, 2015 11:36 PM PST

Reply:

Price of Plot# 1112 C Block Prism 9

Please evaluate/ Price of 1112 C Block in Prism 9.

Thanks

Salman Maqsood LRE replied on Wednesday, October 21, 2015 02:43 PM PST

Dear Sir,
Your plot is valued around 60 to 62 Lacs

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

(68491)

Sara khan

Tuesday, October 20, 2015 10:26 PM PST

Reply:

Dear LRE
I am a fond reader and follower or your website.
Could you kindly evaluate 2 plots for me

1. Sukh Chayn Gardens - 1 kanal plot 28-F right next to park and zoo with opposite facing larger plots

2. Spring Meadows, Bedian Rd lahore - 6 kanal farm house plot right at the beginning of entrance from Bedian Road

Thanking you
S. Khan

(68490)

Irfan UAE

Tuesday, October 20, 2015 09:34 PM PST

Reply:

Architecture

Can someone please guide me what is the cost of architectural and structural drawings etc for a 5 marla residential house in DHA, and please also suggest me some good architecture

Irfan UAE replied on Tuesday, October 20, 2015 09:40 PM PST

I mean good architect.

(68489)

Evaluate

Tuesday, October 20, 2015 09:12 PM PST

Reply:

Please evaluate Z1-352, in Phase 8 Z block, DHA.
Thankyou in advance.

LRE replied on Wednesday, October 21, 2015 03:44 PM PST

Dear Sir,

IVY Green Plot # Z1-352 Around 48 To 49 Lacs

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

(68488)

Tuesday, October 20, 2015 07:36 PM PST

Reply:

Please Evaluate the Plot Price DHA 6 / L / 847

Ad Type

City

Scheme

Phase

Block

Plot

Size

Cur. Rate

LAHORE

DHA

847

20M

Please Evaluate the Plot Price DHA 6 / L / 847

LRE replied on Tuesday, October 20, 2015 07:47 PM PST

Dear Sir,

Your Plot # L-847 Dha Phase-6 Around 160 Lacs

Hassan Raza
Lahore Real Estae
+923028449766
Email:INFO@LREPK.Com

(68487)

E.A

Tuesday, October 20, 2015 06:43 PM PST

Reply:

Dear Mr.Fawad,
can you please evaluate DHA Town B-850, and let me know if it is a time to sell to hold it for few months more?

Thanks

LRE replied on Tuesday, October 20, 2015 07:49 PM PST

Dear Sir,

Dha 9 Town Plot # B-580 Around 55 To 56 Lacs

Mian Fawad Ahmed
Lahore Real Estae
+923024489001
Email:INFO@LREPK.Com

DCUF replied on Wednesday, October 21, 2015 08:48 AM PST

dear Mr.Salman,
please evaluate plot
phase 8 CBW
block D
plot number 213

(68486)

ABC

Tuesday, October 20, 2015 05:18 PM PST

Reply:

Per Square Feet Construction Cost

Ad Type

City

Scheme

Phase

Block

Plot

Size

Wanted

Lahore

DHA

77/3

1Kanal

Dear Forum,
Could anyone can tell the Total Buildup Area of 1 Kanal, with 5 Bedrooms and standard Size.

Thanks
ABC

Cost replied on Thursday, October 22, 2015 01:22 PM PST

2000Rs/sq ft minimumum with medium good finish

(68485)

Shaukat

Tuesday, October 20, 2015 04:30 PM PST

Reply:

Dear LRE

What is the current value of non balloted files of bahria town sector f (if all instalments paid) 10 marla and 1 kanal?

LRE replied on Wednesday, October 21, 2015 05:27 PM PST

Dear Sir,
10 Marla File around 2.50 Lacs loss
1 Kanal File around 8 to 10 Loss

Waqas
Lahore Real Estate
+
Email:INFO@LREPk.Com

(68484)

Gulf Expat

Tuesday, October 20, 2015 02:01 PM PST

Reply:

9 Town Ballot

Ad Type

City

Scheme

Phase

Dealing

Lahore

DHA Town

Hi,

Till now the mini-ballot results are not published by DHA, any update Please.

DHA_Lahore replied on Tuesday, October 20, 2015 02:58 PM PST

Please wait for few year's Thanks in advance .

LRE replied on Tuesday, October 20, 2015 03:41 PM PST

Dear Sir,
It is better to ask DHA Directly with your file number. May be they can help you.

Lahore Real Estate
Email:INFO@LREPK.Com

Aamer Ksa replied on Tuesday, October 20, 2015 05:18 PM PST

Please evaluate my 1 kanal plot DHA Phase 9 Plot No.694 Sector F. Thanks

LRE replied on Tuesday, October 20, 2015 05:51 PM PST

Dear Aamer Sb,

Prism Plot # F-694 Around 71 To 72 Lacs

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

E.A. replied on Tuesday, October 20, 2015 06:40 PM PST

@ DHA Lahore

please don't create panic, in the next few days ballot results with maps will be available on DHA website.

Thanks

lhr-twn replied on Wednesday, October 21, 2015 01:29 AM PST

Where will be expected location any idea please

(68483)

Investment Advice

Tuesday, October 20, 2015 01:28 PM PST

Reply:

Dear LRE and other experts.

Please guide me where shall i invest my saving of worth 100 million in real estate property..?

I was thinking one 4 marla commercial in oval complex prism 9

buying file of 4 marla ivy and park view.

buying 4 marla in broadway phase 8 ?
please guide

Regards

Ahmed replied on Tuesday, October 20, 2015 04:50 PM PST

You can buy all in this budget. So go one file of each.

Salman Maqsood LRE replied on Wednesday, October 21, 2015 04:24 PM PST

Dear Sir,
Consider 8 Marla plot for in Zone 1 Prism along side . It is among the best

Salman Maqsood
+923224009967
Eamil:INFO@LREPK.Com

(68482)

Ali

Tuesday, October 20, 2015 02:47 AM PST

Reply:

Property expert plz advice whitc is best option in Dha comercial property around 26 Million :h
Regards !

(68481)

Ksa

Tuesday, October 20, 2015 02:36 AM PST

Reply:

Ad Type