Lahore Real Estate Forum

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(65822)
Saturday, June 13, 2015 05:32 AM PST 

Billions allocated for LRR southern loop,

http://finance.punjab.gov.pk/system/files/Dev201516_II.pdf

LO14005548 Lahore Ring Road Project - Southern Loop - 1,000,000,000
Package-I (Land Acquisition and Relocation of
Utilities).

2091-A LO09000260 PC-II-Detailed Engineering & Construction
Supervision of Lahore ring Road (southern Loop). 50,000,000 Million (2015-16)
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(65821)
Saturday, June 13, 2015 04:48 AM PST 
Plot for sale

Ad Type
City
Scheme
Phase
Block
Plot
Demand(Rs)
For Sale
Lahore
Prism
9
H
857
6600000
Plot for immediate sale
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(65820)
Saturday, June 13, 2015 03:06 AM PST 

when dha is giving full possesion to build house in phase7
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(65819)
Saturday, June 13, 2015 03:02 AM PST 
Home Construction Margin for 5 Marla

Dear Experts.
I have two plots of 5 Marla. i want to construct these plots and to sale these houses. can any body tell me what is the average margin available for each house. any person who is doing such business please help me in this regard.


thanks

Omar Khan replied on Saturday, June 13, 2015 05:51 PM PST 

where do you want to construct these houses?? coz margins depend upon
location and buyer's profile....

AKHTAR replied on Sunday, June 14, 2015 12:46 AM PST 

15 lacs plus appreciation in cost of plot
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(65818)
Saturday, June 13, 2015 02:03 AM PST 
Bahria Golf View Residencia Lahore

Ad Type
City
For Sale
Lahore
Is LRR southern loop the death sentence for this scheme?

I request all who have a view on this, whether informed or not so informed, to kindly contribute their comments.
Observer


======Admin Note======
Real All >> Hot Topics

Jameel replied on Saturday, June 13, 2015 05:53 AM PST 

I wrote about it detail few days back, Just Match the Map with on ground development you will see Bahria Could Not take over 50% of needed land, Only 5% will be taken by LRR,
So mainly Failure of this Project is Bahria's Own failure to get Land. Another thing only God knows that if they sold more
files than even map? If I am holder of this phase I will exit and merge my files to some other option in Bahria. Definitely if memberships are reduced drastically remaining members will get Possession but who knows when. You can recall sector C affected people relocation in Bahria orchard which happened some 7 years back and people were very unhappy at that time. But Now you can see Orcard is developed better than Bahria canal. So it is Not new in Bahria.
So lesson is best Buy on ground things where all things are solved or in DHA proper where Land Files tagged are Floated than paper Files.

Bharia golf view replied on Saturday, June 13, 2015 12:08 PM PST 

How can you merge the file of golf view residencia into other option as bharia does not offer it till now only commercial
files is merging at this stage
Please comment

Observer replied on Saturday, June 13, 2015 01:35 PM PST 

Jameel sb your input in this matter is highly appreciated. As per my information Golf view map has already been made public and all plots allotted which implies there are no excess
files in circulation.

The matter with acquisition of land is indeed not clear. As per your opinion only 5%of land to be effected by LRR. I think it will be considerably more. If any of the readers of this post know more about it then please shed some light in this matter

Thank you

Nawaz replied on Saturday, June 13, 2015 03:45 PM PST 

Jameel sb plz share your thoughts or inside info on commercial merging instead of residential as informed by Bahria through public notice

BT News replied on Saturday, June 13, 2015 06:33 PM PST 

News in Bahria Town dealers that Bahria Town is slowly purchasing land around "Fateh Singh wala" which is just behind Lahore Safari Park and other side is Sector A. Residents of this village confirmed that someone is buying land around village which is most probably BT to shift Golf View along Nargis Block till Sector A Safari Villas side, finally touching dream garden of Munoo Group. Still need to be confirmed officially by Bahria Town.

HHH replied on Sunday, June 14, 2015 01:00 AM PST 

@BT News
Rumor is BT is buying land for Bahria greens behind Haier factory on Raiwand. Have you heard anything about it too?

Observer replied on Sunday, June 14, 2015 01:26 AM PST 

Golf view is by far the most spectacular and exciting housing project in Lahore. Please share the map if anyone has it.

As stated by me earlier all plots commercial as well as residential have been allotted.

The question which remains unanswered is whether this project has a future or not?

Observer replied on Sunday, June 14, 2015 01:32 AM PST 

Real property website has a very good map of golf view residencia otherwise try punching into google and you will certainly find what you are looking for.

HHH replied on Sunday, June 14, 2015 02:22 AM PST 

@Observer
Due to the fact that Bahria is the biggest and the richest developer in Pakistan, I believe that all of its projects have a future. There may be issues here and there for some time, but eventually they get resolved since it has the resources to do so. Same cannot be said of other developers.
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(65817)
Saturday, June 13, 2015 01:49 AM PST 
Looking for deal DHA 9 Prism

Ad Type
City
Scheme
Phase
Block
Plot
Size
Demand(Rs)
For Sale
Lahore
DHA
9
P
262
1K
70
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(65815)
Friday, June 12, 2015 11:42 PM PST 
SUI GAS II Map needs Update

Dear CMY and LRE Team

Please update your SUI GAS II map as it is an old version. There have been a few changes in A Block. The map which I got from Society office is slightly different then yours.
Hence please update the same for the benifit of all LRE readers
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(65814)
Friday, June 12, 2015 11:24 PM PST 
Lahore ring road and Punjab budget

So, not a penny allocated in budget for LRR

omer replied on Friday, June 12, 2015 11:49 PM PST 

@khan ,according to my information ,its a BOT project ...once they finalize the successful bidder then that company would make the project and govt provides them assistance whenever and wherever its needs.

Aslam replied on Saturday, June 13, 2015 12:15 AM PST 

Quoting from the bid documents, available on their web site

"
The Lahore Ring Road Authority (LRRA) hereby invites international and local parties to submit Bids for the engineering, procurement, construction and finance of the Southern Loop (30.4 km) of Lahore Ring Road (“the Project”) on a Build-Transfer (BT) basis against deferred bi-annual payments for eight (8) years after construction.
"

omer replied on Saturday, June 13, 2015 01:04 AM PST 

@khan ,brother if u reads it closely it says finance ,so it means that the successful company is also financing the project too ,and the govt will return the money in 8 years with 16 payments and i think with 15 or 17 %interest

AK replied on Saturday, June 13, 2015 01:20 AM PST 

Billions are allocated for LRR southern loop as per budget documents, 10 billion for land acquisition, th ks

AK replied on Saturday, June 13, 2015 02:01 AM PST 

finance.punjab.gov.pk, look development expense volum II under 2015-16

Aslam replied on Saturday, June 13, 2015 02:20 AM PST 

Quoting from budget documents courtesy @AK

LO14005548
Lahore Ring Road Project - Southern Loop -
1,000,000,000
Package-I (Land Acquisition and Relocation of
Utilities).


Also there is budgeted amount to pay to NESPAK for supervision of this project

omer replied on Saturday, June 13, 2015 03:13 AM PST 

thats an excellent news,,,which part of lrr they will starts first?multan road or dha ?please comment
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(65813)
Friday, June 12, 2015 11:22 PM PST 
Lahore ring road and Punjab budget

So, not a penny allocated in budget for LRR
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(65812)
Friday, June 12, 2015 10:37 PM PST 
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(65810)
Friday, June 12, 2015 09:59 PM PST 

FOR THE ATTENTION TO WHOM IT MAY CONCERN

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?

All of you have discussed far too many other socities pls help me with this if somebody can?
Please advise !!

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(65809)
Friday, June 12, 2015 09:31 PM PST 

Dear All

10 Marla plot in dha 7 or 1 kanal in fazaia phase 1? Plz advise thanks
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(65807)
Friday, June 12, 2015 07:18 PM PST 
Bahrian Orchard and Green Valley

Plots in Bahria Orchard have increased in value by a couple of lacs (for 5 marla) recently, after a long lull. The development work here is almost complete and is world class in its standard, as expected of bahria. Expansion of raiwand road (and future LRR)will also have a positive effect on it. I expect it to gain sold gains in the future. Comments welcome.

Bahria Green valley file merging has also been announced. This means that bahria is trying to get rid of extra files from the market and getting closer to announcing the location for this project, which is thought to be behind haier factory on raiwand. The files are in negative now but if location is announced, then it will shoot up immediately. Progress in this regard is slow paced but I see positive outcome in the end. Comments invited.

sunny replied on Friday, June 12, 2015 07:27 PM PST 

Price increased for Bahria orchard?

I have a plot 5 marla, G block, near 1034, what's the market value?

FQ.awan replied on Saturday, June 13, 2015 04:54 AM PST 

Yes,Bahria Orchard has a great future and potential.It is a hot cake for investors.It is nearby LLR.Its
prices will increase rapidly.

FQ.awan replied on Saturday, June 13, 2015 05:34 AM PST 

Yes,Bahria orchard is a hot cake for investors.It has a great future and potential.It is so near to LLR .It is also near possession.

akhtar replied on Saturday, June 13, 2015 10:52 AM PST 

sunny saheb your plot value 21 Lac
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(65806)
Friday, June 12, 2015 06:47 PM PST 
Clarification Required for Non-Construction Penalty in DHA

Have DHA publicly announced non-construction penalty for various Phases of DHA. If yes, from where someone can get a copy of that notice. It is strange that such an important notice has never been posted on this website.

If DHA has not publicly announced the non-construction penalty, then I doubt that DHA is legally authorised to charge the non-construction penalty.

A clarification is due.

Habib replied on Friday, June 12, 2015 08:58 PM PST 

I can recall

3 year after Possession no
After 3 years 13 K per year Per Kanal
In DHA phase 1,2,3,4 [Or ? ys after Possession] , 53000 per Kanal per Year
There are notifications on DHA site please spend some time and let us know as well
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(65805)
Friday, June 12, 2015 06:41 PM PST 
short term investment

For 2 years period, which option is better Phase 5 M block or an excellent location plot in Phase 9?

Qasim replied on Saturday, June 13, 2015 03:44 AM PST 

Phase 9 becoz town planing of M block is v very poor!
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(65803)
Friday, June 12, 2015 05:43 PM PST 

I am new in the property business I need experts advice regarding investment of PKR 5mm in property. Pls advise where should I invest for next 2 to 3 years to get maximum gain and inves Will be sucure. Many thanks in advance for yor opinions.
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