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(65793)

MNM

Friday, June 12, 2015 12:31 PM PST

Reply:

So what is DC rate? How does it impact me as a plot holder in phase 7 Z.

How long would I get to construct house after possession to avoid penalty?

Please can someone answer these?

(65792)

Najam

Friday, June 12, 2015 11:44 AM PST

Reply:

Dear CMY sahib

I want to invest Rs.65 lacs.for 6-8 months. Where to invest?

Profound regards

(65791)

Adeel

Friday, June 12, 2015 11:17 AM PST

Reply:

AOA all brothers

I have 35 lacs budget for 2 years, where should I invest and what possible increase I can expect?

Adeel

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M_Ahmed replied on Friday, June 12, 2015 01:51 PM PST

Excellent choice, not all the eggs in one basket and both are growing options. You can sell one after two years and build the other or what ever. Two options have more flexibility and risk has been mitigated as well.

Yahya replied on Friday, June 12, 2015 02:41 PM PST

Dear CMY.
Only 10 lacs increase in 02 Years...Whats special in this...35 lacs investment can easily fetch 10 lacs in 02 years..even banks can give this much profit..why go for risk at Prism..

Ahsan replied on Friday, June 12, 2015 02:49 PM PST

AOA All members,

I am new in the property business s I need experts advice regarding investment of PKR 5mm in propert. Pls advise where should I invest for next 2,3 years to get maximum gin. Many thanks in advance for yor opinions.

imran replied on Friday, June 12, 2015 07:53 PM PST

@yahiya which bank will give 10 lac profit in 2 years? as per my knowledge banks these days offer 5 to 6 percent profit which makes around 3.5 lacs after two years. Although I consider bank profit as haram but even if yu are comfortable with it then i guess its still better to invest in property to get better gains then banks

(65790)

Moin Khan

Friday, June 12, 2015 09:29 AM PST

Reply:

Prism Lahore Plots For Sale By Lahore Real Estate

Republishing the list of properties just posted by CMY below...

enjoy!

CMY replied on Friday, June 12, 2015 09:37 AM PST

Thanks

Moin Khan replied on Friday, June 12, 2015 09:39 AM PST

Your are welcome!

MMA replied on Friday, June 12, 2015 10:20 AM PST

great CMY !!

Do you have any commercial plots prism ? What's the range of 4 marla vs 8 marla plz. !!!!!

Salman Maqsood LRE replied on Friday, June 12, 2015 10:21 AM PST

Prism DHA Lahore Phase 9 Near Civic Zone-1 Plot No 2 @ 550 Lacs 8-Marla Salman +/06/2015 Commercial 150 Feet
Prism DHA Lahore Phase 9 Near Civic Zone-1 Plot No 164 @ 425 Lacs 8-Marla Salman +/06/2015 Commercial
Prism DHA Lahore Phase 9 Near Civic Zone 2 -7 @ 425 Lacs 8-Marla Salman +/06/2015 Commercial 80 Feet
Prism DHA Lahore Phase 9 Near Civic Zone-2 Plot No 70 @ 425 Lacs 8-Marla Salman +/05/2016 Commercial 60 Feet
Prism DHA Lahore Phase 9 Near Civic Zone 2 -86 @ 425 Lacs 8-Marla Salman +/06/2015 Commercial 60 Feet
Prism DHA Lahore Phase 9 Near Civic Zone-3 Plot No 80 @ 465 Lacs 8-Marla Salman +/06/2015 Commercial 150 Feet
Prism DHA Lahore Phase 9 Near Oval Complex-217 @ 240 Lacs 4-Marla Salman +/06/2015 REFVJ10

WMB replied on Sunday, June 14, 2015 12:41 AM PST

And can also someone highlight the impact of DHA Town Pocession, looks like no deal at all or ?

RHB replied on Sunday, June 14, 2015 03:06 PM PST

Dear CMY

Files rates are 22 + for 5 marlas in prism & plot has the same value when we want to sell. So if plots after ballot failed. what is the future of files & extension files. DHA plot < files price. Is that a new trend in DHA or all investment in files have no future. Plz comment

(65789)

Mohsin

Friday, June 12, 2015 09:17 AM PST

Reply:

Dear Friends,
I came to know that NOW in bahria Lahore, if any plot is taken possession and is not constructed within a certain time, heavy monthly penalties are to be paid. Is it true and if yes, what is the time span 3 yrs or only few months?

I'll be grateful if I can get clarification

Regards

CMY replied on Friday, June 12, 2015 10:01 AM PST

There will be a non construction penalty in DHA 6 and DHA7 possession plots too for all those persons holding plots in there for investment purpose only and not building a house today on those plots there.

Choudry Mujahid Yasin

Tahir Mahmood replied on Friday, June 12, 2015 11:20 AM PST

Dear Choudry Mujahid Yasin

If a person buy plot and construct home after the grace period given by DHA.For example somebody purchased plot in 2008 in Phase-6 and now in 2015 he is going to construct it.Did he also pay the non construction penalty?

CMY replied on Friday, June 12, 2015 11:35 AM PST

After the grace period every single plot holder that have not bult a house will have to pay penalty that was increased by DHA in past few years olf phases and may have increased it even more once again. Dealers normally dont give you this info but a seller holder or buyer must know and keep this factor in mind too.

I have seen few smart people ask me 1st question when they visit my office to buy a possession plot. They ask what will be non construction penalty if I hold a plot and not construct a house on plot.

In many other than DHA projects its extremely high amounts. But one must be aware of this fact in DHA you have to pay it too. A seller must pay this fine amount from agreed selling price. Many deals do get messed up at time of transfer when sellers ask buyers to pay them as it come as shock to them that they have to deducted that large amount from payment and dealer failed to let him know till last day and buyers do rightly say what I got to do with it clear your own dues to date.

Choudry Mujahid Yasin ( CMY )

Ta replied on Friday, June 12, 2015 11:42 AM PST

Dear Choudry Mujahid Yasin

Which I understand that if I purchased plot in 2008 in Phase-6 and now in 2015 I am going to construct it, I have to pay the non construction penalty .

Thanks in advance

CMY replied on Friday, June 12, 2015 11:50 AM PST

I have to pay the non construction penalty .

Answer is yes

malik replied on Friday, June 12, 2015 01:24 PM PST

How much is the penalty?

Salman-Jed replied on Friday, June 12, 2015 03:34 PM PST

Mujahid Bhai, How much is the penalty in Ph-7?

(65788)

Zaheer Ahmed

Friday, June 12, 2015 09:02 AM PST

Reply:

FOR THE ATTENTION TO MR JAMEEL.

I have become a huge fan of your Mr Jameel no disrespect to CMY. However I would like your expert views on DHA Rahbar 10Marla File ? Is it worth spending 3million for DHA Rahbar and how long will the ballot take place?

Please advise !!