Lahore Real Estate Forum

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(66368)
Thursday, June 25, 2015 07:05 AM PST 

Dear CMY,
Having been beneficiary of your past advises, I will seek clarification from you as to which DHA (Multan or Gujranwala) should we prefer if we are proceeding for short-term buy? It is heard that both DHAs have been given deadline date of current year to conduct ballot for allotment of plot numbers. Would you kindly shed light on the subject, based on your vast experience in the field? Thanks a lot.

Transcription replied on Friday, June 26, 2015 01:51 AM PST 

Dear CMY bhai... your response awaited... I have the same query
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(66367)
Thursday, June 25, 2015 06:52 AM PST 
Bahria Town marked for Lahore Ring Road’s southern

Bahria Town’s stakeholders were confused about the route of Lahore Ring Road (LRR)’s southern loop when it was announced a few weeks ago. I think the wait is over now, as the authorities concerned have marked Bahria Town for the development of the LRR, which will actually run through the locality and will likely acquire the properties that fall within its route.

Bahria Town’s Iqbal Block, Rafi Block and Tulip Extension would most likely be affected by the development of LRR and that the authorities concerned had marked the houses and plazas that would be razed to make way for the highway.

Bahria Town authorities were in the process of negotiating with the government to minimize the area affected by LRR. Bahria Town would compensate those affected by the construction of the road.

The questions arising here are: what will be the compensation rate? Will it be according to market value? How many investors and home-owners will be affected? Where will they be given alternate properties, if any? There are no particular answers at the moment and guessing is pointless, but our hope is that Bahria Town’s management will let stakeholders know what is going to happen sooner rather than later.

If Bahria Town is already in talks with the government, it probably means that the developer is taking the matter seriously and is actually thinking about the property owners who will be affected. The developer may have planned the society keeping LRR in mind, but as it stands, this seems like a sticky situation to be in.

I would suggest investors and home-owners in Iqbal Block, Rafi Block and Tulip Extension keep a close eye on developments and wait until Bahria Town comes forward with a compensation plan. You must be worried about your properties, which is completely rational, but it is highly unlikely that Bahria Town will leave you hanging so my suggestion would be not to worry until there are more facts available.

At the same time, I would like to congratulate the investors and home-owners in other blocks of Bahria Town, who will finally enjoy the juice of LRR’s southern loop.

Please share you thoughts regarding LRR’s markings in Bahria Town



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Golf view replied on Thursday, June 25, 2015 11:36 AM PST 

So where is new map of LRR?
What's the impact in Golf View Residentia.
Is there any map where LRR is shown overlaying Golf View?

Amer replied on Thursday, June 25, 2015 03:59 PM PST 

Thanks for the
update and certainly the rout is the same as shared by CMY or LRE Website. It was written on wall

Respected Hafiz Sajad & BT Experts is it recommended to build home near LRR? ( I own 10M plot near 255 Iqbal), keeping in view noise & pollution from highway? Thanks

KSA replied on Thursday, June 25, 2015 04:22 PM PST 

What about Golf View Residencia.

This will be affected by LRR or Not??????????????????

KSA replied on Thursday, June 25, 2015 05:38 PM PST 

Before couple of days; the Hafiz Sb has shared the map to the same discussion forum that LRR will badly affect Golf View Residecia

Which map is true now?????????

According to the new Bahria Town Lahore's comments today there is no any word here that will show that GVR will be affected by LRR.

Here only Iqbal Block, Rafi Block and Tulip Extension are mentioning.

Who will clear above two different discussions i.e. 2 different schools of thought

Naveed replied on Thursday, June 25, 2015 06:07 PM PST 

AOA,

I've my plot in Tulip Ext, I'd stop construction after I saw the LRR marking, visited Iqbal, Rafi & Jenefer blocks and talked to members(affected from LRR) most of members were uncertain with hope Bahria will compensate enough. I compiled an application(asking Bahria about LRR status and compensation) and get signed of 14 members but Bahria Authorities refused to submit application with argument "We don't have any notice from Gov on LRR yet, plus we are in discussion with Gov to change ring road plan...so please stay relax and in case if LRR passed through we'll compensate"

Looking at current LRR map it is unbelievable(for me at least) to imagine, it will pass very close to Grand Mosque, separate F block completely, a lot of residences, will be killing for Bahria's beauty and safety - I guess MR will definitely do something to change LRR current map

I can count at least 3 members who stopped construction due to this issue(in last few weeks) started again so I am also planning to start construction again with the hope, MR will be good to Bahria Members.

Any Thoughts?

imran replied on Thursday, June 25, 2015 06:58 PM PST 

hafiz sb has shed detailed light on above issue in some of the older posts which yu can search scrolling down. LRR will pass through Bahria and cash strapped MR after paying heavy amounts to Army in lieu of dha valley fraud cannot afford the cost associated with re routing of LRR and punjab govt doesnt consider sector e and f legal as those have not been approved by any authority so will go ahead with current LRR plan...bahria has actually abomdoned Lahore project and only concentrating on karachi..they damn care about lahore anymore as they dont have any future expansion plans here

ALI replied on Friday, June 26, 2015 01:07 AM PST 

Please some body guide me that whether LRR will affect Golf View Residencia BT Lahore OR NOT???

Hussain Kaisrani replied on Friday, June 26, 2015 10:02 AM PST 

This post is copied from Zameen.com which is very FAMOUS in being with developers and project owner. All this information is old and just to keep the members calm.
Please take this post in this context.

http://www.zameen.com/blog/bahria-town-marked-for-the-development-of-lahore-ring-roads-southern-loop.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+ZameenBlog+%28Zameen+Blog%29
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(66366)
Thursday, June 25, 2015 05:38 AM PST 
Need guidline for File Business

Dear All Property Experts,

I am looking for investment of 50-60 lakhs and i am looking to invest for midterm like 2-3 years.You guys plz advise me that i should buy file or numbered plot .If file then from which phase of DHA or if Plot then from which phase.I will appreciate and thanks in advance for more and more people,s input.
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(66365)
Thursday, June 25, 2015 05:14 AM PST 

Dedicated To Shahzad Waheed! Jagte Raho, Jagte Raho Jagte Raho Jagte Raho Jagte Raho...............Sehari Ke Lye Nahi Jaga Rahe Hain Balke State Life Phase 2 Ki Development K Lye Jag Jao Shahzad Shahzade..... :h

RH replied on Friday, June 26, 2015 05:16 PM PST 

Any
update on the status of Phase 2? I am holding a plot in FF and quite disappointed with the performance of State Life Association. They promissed to have the map out within few months after the last year's AGM however no news so far.

I will really appreciate if any one can comment on this.

RH

Nadeem Malik replied on Monday, June 29, 2015 04:24 AM PST 

As we all know that the association of SL is pro active, therefore, will repeat the same promise in the upcoming AGM as they did in the last AGM. So don't worry keep wait till their retirement or separation from SL.
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(66364)
Thursday, June 25, 2015 04:50 AM PST 
EVALUATE THE PLOT RATE

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
LAHORE
DHA
9
Q
102
1 KANAL
SIR YOU HAVE TIME TO EVALUTE MY PLOT GOD BLESS ALL OF YOU

shaukat replied on Friday, July 10, 2015 09:52 AM PST 

mr. ali no have time to tell ypu any this so be happy
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(66363)
Thursday, June 25, 2015 03:15 AM PST 
Dha phase 9

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
Lahore
Dha
9
K
425
1
Dear LRE team, please advise price of K425 and P661 in dha phase 9?

Thanks
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(66362)
Thursday, June 25, 2015 03:07 AM PST 
Current Rate

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
LAHORE
KHAYABAN AMIN
E
E
5 M
5 M
Please evaluate following plot

554 E Khayanban Amin Lahore.
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(66361)
Thursday, June 25, 2015 03:06 AM PST 
8 Marla Commercial Broadway Vs Phase 7 Residential Plots Investment

Can any one advise / comment on 8 Marla Commercial Broadway File Vs Phase 7 Residential Plots i.e. an investment of around lacs over a time horizon of 2- 3 years. Which investment is expected to give better returns.

Khalid Mehmood replied on Friday, June 26, 2015 10:05 AM PST 

Phase 7 Res block W S T U P are best for short term profit near one to two years investments.
For longer time three to five years plz considered phase 9 Z1 & Z2 commercial 8 marla, they have batter choice near yours budget now days.
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(66359)
Thursday, June 25, 2015 12:54 AM PST 

Dear LRE Team;

Please evaluate following plots excluding development charges

1- J516 (5 Marla)
2- C120 (1 kanal)
3- 8 Marla Comm CZ1 (plot # 9)

Regards
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