Lahore Real Estate Forum

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(65581)
Saturday, June 6, 2015 06:39 PM PST 

Dear LRE team please evaluate following plots
1 Kanal B698
5 Marla J667

9001 replied on Sunday, June 7, 2015 07:18 PM PST 

@ Sajjad

Location Of Your Plots Are:

698-B Facing Boundary, Market Value Is Rs. 55-56 Lacs
667-J On Boundary, Market Value Is Rs. 22-23 Lacs


Mian Fawad Ahmad
Lahore Real Estate
03024489001
INFO@LREPK.Com
>
(65580)
Saturday, June 6, 2015 06:12 PM PST 
Can anyone help me?

Ad Type
City
Scheme
Phase
For Sale
phase
9
can I find my Prism Plot number? I have an intimation letter that mentioned that file has been transfer to your name with code 2025/20. so how i can find my plot no. in balloting results. thanks in advance
>
(65579)
Saturday, June 6, 2015 06:06 PM PST 

Jameel sb and other property experts i have a question for you.


I bought ivy green file 2 years back at 38. Now the plot i got is about 42 lakhs as per lre estimate.

Do you think it is time for me to say good bye to ivy green and buy on raiwind road for quick returns.

I think ivy green is not a good investment. It will take 3-4 years from now to reach 60-65 including 14 lakh development charges and my profit will be only 12 lakhs in 5 years on an investment of 53 lakh.

Please suggest

aziz


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Info replied on Sunday, June 7, 2015 12:53 AM PST 

Could you kindly elaborate how
location of ivy is better than phase 7? Have you ever visited the area?

info replied on Sunday, June 7, 2015 01:17 AM PST 

I have visited this area two weeks ago totally neat n clean level land 2.75 km away from Ph 6 boulevard/Barki road.
In ph 7 10 marla min rate is 52 to 60 lacs located at near BRB.
In ivy 7 & 8 marla cutting for shuhada quota.

shabi replied on Sunday, June 7, 2015 01:20 PM PST 

Dear sir why you bought that file 38 lac that is your mistake your should bought it when it was 32 to 33 lak then you estimate your profit i bought this file at 32 lak feb 2014

Habib replied on Sunday, June 7, 2015 05:48 PM PST 

was 33 Lac in Arpril 14
>
(65578)
Saturday, June 6, 2015 05:34 PM PST 
Assessment of my Plot

Please evaluate 1526 H Prism and comment to sale or hold..thank you.
>
(65577)
Saturday, June 6, 2015 05:20 PM PST 

OA
Dear Salman Maqsood Bhai
please please please

Kindly evaluate Prism Ph9 5 marla near J2586 and highly oliged.
Jazakallah

maqsood replied on Saturday, June 6, 2015 06:29 PM PST 

26 lakh
>
(65576)
Saturday, June 6, 2015 05:04 PM PST 
Income Tax Return File

Dear ALL,
I want to ask this question which is not related to property.Please if you have some information kindly Answer

I have taken my NTN no in 2007 to start my business.Then i was not able to get some project. I started my JOB from 2007 and i have not submitted my Income Return. after wards i Came in Saudi arabia in 2012. I want to know how i can file my Tax return and should i have to submit my income tax return from 2008 ? Expert point of view is highly appriciated.

Ans replied on Saturday, June 6, 2015 05:27 PM PST 

Sir I hv same problem looking for answer I open a company and moved out of country.

khalid replied on Saturday, June 6, 2015 05:41 PM PST 

you people must have to file required papers to Income Tax Dept with regard to closure of your business, otherwise one day (could be after 10 years) you will get a notice from Income Tax Department for payment of all outstanding tax with penalties. Take it serious and get this matter closed ASAP.

Ans replied on Saturday, June 6, 2015 06:19 PM PST 

Thank you Khalid sahib.

Malik G replied on Saturday, June 6, 2015 09:48 PM PST 

Thanks Khalid Sb for your advice. what about the previous file returns what should we have to do for this? ANy ohter seniors if have some information please provide this will also help many ohters peoples in the same boat

Abid replied on Monday, June 8, 2015 03:59 PM PST 

For the business in 2008, you should file it in tax returns. after that, you dont need to file. I dont know the latest but when i left Pakistan 5 years ago, law was that you dont file and you dont pay any tax if you are out of Pakistan for more than 81 days in a year.
>
(65575)
Saturday, June 6, 2015 04:52 PM PST 

AOA
Dear Salman Maqsood Bhai
please please please

Kindly evaluate Prism Ph9 5 marla near J2586 and highly oliged.
Jazakallah

newman replied on Saturday, June 6, 2015 05:08 PM PST 

22 lac
>
(65574)
Saturday, June 6, 2015 04:32 PM PST 

Ad Type
City
Scheme
Wanted
Lahore
Lda Avenue, Lake City,
Aoa plz guide which socitey to good to invest and if want to build home, another suggustion will be appreciated
>
(65573)
Saturday, June 6, 2015 04:27 PM PST 

Dear Jameel,
I have 5 marla plot in dream gardens defence road, i have option to sale this for Rs. 2.5M today.
Pls advise should i hold it or sale it. In case of sale pls also advise where i should invest said amount again.
Thanks

Jameel replied on Monday, June 8, 2015 03:25 AM PST 

I am Confused about
Location if it is Dream avenue near valencia, it is Good to hold as location is good But How far is Plot From nallah
. If You have 7 Lac More then switch to LDA avenue 1 10 merla plot
>
(65572)
Saturday, June 6, 2015 04:05 PM PST 
bad news from last days

nfc elections cancelled

prism dev charges increased to 9 lac

more tax on selling home

budget also have nothing for me

may ALLAH make something good out of bad looking things .

feeling broken

:pkf

Ali replied on Saturday, June 6, 2015 04:24 PM PST 

Please elaborate which more taxes on selling home?

NT replied on Saturday, June 6, 2015 04:25 PM PST 

@newman
"More tax on selling home"

Any source of this information
>
(65571)
Saturday, June 6, 2015 03:59 PM PST 

AOA
Dear Salman Maqsood Bhai
please please please

Kindly evaluate Prism Ph9 5 marla near J2586 and highly oliged.
Jazakallah
>
(65570)
Saturday, June 6, 2015 02:40 PM PST 
Phase 8 Broadway Commercial Files 8 Marla Investment

Can any one advise on Phase-8 Commercial File 8 Marlas. What can be the investment returns for buying it and holding it for 5 years. What other better alternate for investment can be looked into for same amount and time frame?
>
(65569)
Saturday, June 6, 2015 02:36 PM PST 

evaluation please please please
Dear Experts

Kindly evaluate Prism Ph9 5 marla near J2586 and highly oliged.
Jazakallah

9001 replied on Sunday, June 7, 2015 07:12 PM PST 

Location Of Your Plot No. 2586-J In Prism 9 Is Near Park, Market Value Is Rs. 24-25 Lacs

Mian Fawad Ahmad
Lahore Real Estate
03024489001
INFO@LREPK.Com
>
(65568)
Saturday, June 6, 2015 02:33 PM PST 

Dear CMY, I own a plot in phase-7, sector T, plot no- 440. please intimate price of plot. Thanks
>
(65567)
Saturday, June 6, 2015 02:25 PM PST 
Prism Phase 9 / Q / 204

Dear LRE ! I'm posting my humble query third time in anticipation of a simple answer. Is Kanal plot number 204-Q a desirable holding for future gains ? Please advice current value. Thanks !

Arshad replied on Saturday, June 6, 2015 06:10 PM PST 

Slaam Khurram sb,
I was allotted Q-202 in Prism 9. Plot was valued around Rs Million by LRE
team last week.

Regards,
Arshad

Khurram replied on Sunday, June 7, 2015 12:55 AM PST 

Mr.Arshad thanks for your reply. Nice to know that I'm your neighbor
>
(65566)
Saturday, June 6, 2015 01:40 PM PST 
Dha Lahore Phase 9 Prism Plot For Sale

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
Lahore
DHA
Prism 9
C
1048
1K
50 Feet
62 Lacs
Corner
Dha Lahore Phase 9 Prism Plot For Sale Near C 1048 @ 62 Lacs. Corner, Reasonable price,

Salman Maqsood
Lahore Real Estate
03224009967
Email:Salman@LREPK.COM

taha replied on Saturday, June 6, 2015 10:32 PM PST 

Salam saab
What options do u have in block A &B in dha 9.
Can you plz email me if you can not give in open discussion.

Thanks

MSH replied on Sunday, June 7, 2015 01:49 AM PST 

It is close to graveyard... not a realistic demand!
>
(65565)
Saturday, June 6, 2015 01:40 PM PST 

evaluation please please please
Dear Experts

Kindly evaluate Prism Ph9 5 marla near J2586 and highly oliged.
Jazakallah
>
(65564)
Saturday, June 6, 2015 01:29 PM PST 
150 Feet Road NFC Phase 2

Need expert advice on 150 Feet road of NFC Phase-2. As per my view there will be a great need of 1 Kanal
commercial plots near Bahria Town and between big societies. Where Bahria Town 5 Marla Commercial plot is cost 200 lacs to 850 Lacs.

It will be used to access LRR interchange and
Bahria Town Sector F is getting connected with Multan Road by same road.

1. Is it a good investment under the assumption of future Commercial Road?
2. How much time will it take to earn profits?
3. Can it serve major Commercial purpose?

Jameel replied on Saturday, June 6, 2015 03:26 PM PST 

MNalik sahib, it all depends a lot on many thing
1 What will be route of LRR exactly
2 Will it have a good Intercahnge in Bahria itself
3 will there be Continuation of amin road from Bahria to NFC [ Looks Likely]
4 Most important is will they allow the residential to use as commercial, Dont take is granted None of Societies allowed free Use of Main Boulevard Plots for Commercial. As Commercials are sold @ Big rates, the owners of commercial Object to it. Even In Jubilee Town Main plots Cant be Converted in Commercial. Previously it happened in LDA areas. But Now they are sending Notices to these People. One of My Friend was using its Kanal house for Commercial activities LDA officials came and sealed it. Later they told Convert it into Commercial by Paying fees 140 Lac, There was some Loop hole he paid one Lac "Token" [To LDA posing that I am starting process of Convertion] with some Bribe they temporarily opened the seal.

Mahmood replied on Saturday, June 6, 2015 04:46 PM PST 

I don't think it will an serious issue to convert main road plots to commercial though government leaves will be imposed. There are exceptions like Bahria and DHA where the conversation might not be allowed.

NFC2 150 road will have great potential as this road may connect multinational road, canal bank road and Bahria sector F along with LRR.

CMY please shed some light on this.

sahil replied on Saturday, June 20, 2015 05:03 AM PST 

sir I ve a one knal plot on 150 feet road in g block.. I want to kmow its future .. kindly help thx
>
(65563)
Saturday, June 6, 2015 01:14 PM PST 
NTN for Overseas Pakistanis

Dear experts,
Can overseas Pakistanis get NTN or file tax returns despite having no income in Pakistan?
Because it seems that non filers will have to pay extra at bank transactions, car registration, advance property tax etc.
Your input will be appreciated. Thanks

Jameel replied on Saturday, June 6, 2015 03:12 PM PST 

Yes

SIM replied on Saturday, June 6, 2015 03:25 PM PST 

Thanks Jameel Sahib. If you can briefly explain the procedure, I will be grateful.

Jameel replied on Saturday, June 6, 2015 03:30 PM PST 

In next Visit Fill up the form and Submit to Tax authorities on approval you will get number , You will Declare all your assets Bank accounts etc . And will have to file each year.
>
(65562)
Saturday, June 6, 2015 12:43 PM PST 
Development Update Pictures of Phase 7 (S, T, U, V)

Dear Friends,
You may see the recently taken pictures of Phase 7 (few blocks) by clicking on the following URL.
https://picasaweb.google.com/skrizavi/Phase7Pictures?authkey=Gv1sRgCJ_n7sCT97nXkgE

Kriz



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Real All >> Hot Topics

dubai replied on Saturday, June 6, 2015 01:11 PM PST 

good work...really appreciate

Tahir Mahmood replied on Saturday, June 6, 2015 03:53 PM PST 

Great work and effort.Jazak Allah

Amir replied on Saturday, June 6, 2015 05:12 PM PST 

What about construction activity in P block phase 7 ..

khalid replied on Saturday, June 6, 2015 05:54 PM PST 

Excellent Kriz and everyone should be thankful to you for your help. We would appreciate if you kindly post some pictures of X and Y blocks as well. Thanks in advance.

Kriz replied on Saturday, June 6, 2015 07:54 PM PST 

Sure guys.. i have a plan to cover rest of phase 7 tomorrow. To me its a classic case of mispricing. Phase 8 is atleast two years behind where phase 7 lower cutting is right now... particularly for T, U and X. Phase 7 is probably the only phase so far having its own proper Drain. Its not the naala, its proper drain covered and shaped as footpath to deal with heavy rain water which is now the requirement of every society. Ground level is even better than phase 6. In phase 6, b blocks, some areas are as deep as 10, to 12 feet. The mos beautiful block is w, right behind raya. Once the village of V is gone, V and S would be at par with W. P has its own advantage being the only block on Main blvd. U is the perfect for a house, located between cca3 and cca4, has main community club, largest play ground largest school and no village. X is mainly for elites with majority of two kanal. I will post my comments about other blocks when i will actually visit them. To me it is destined to be the next phase 6 as burki road is being expanded to a 4 lane road t least and will be c9mpleted hopefully in next 4 to 5 months. Once it is done there will be two entrance to phase 7 from burki road. Q, and T(cca4) and i an surprized that it is even cheaper than many non dha societies. Last lane of phase 7 is hardly two mins and 1.5 km away from raya and at max 4 km to phase 6 main blvd. My only comment is that people should visit it instead of listening dealers.

dubai replied on Saturday, June 6, 2015 09:56 PM PST 

i had similiar views after visiting the area and bought a plot in T block lower cutting (as my budget only allowed that) last year during my visit to Pakistan with anticipation that its the NEXT BIG THING. but the
prices stuck to the same level and even sofetened a bit only recently to pick up again. I think phase 7 is under pressure from Prism phase 9 as I think dealers are giving extra ordinary hype to Prism and ignoring Phase 7. i too bought against the advice of my dealer as he was more inclined towards phase 8 or 9 but i made this decision based on above mentioned observations by mr kriz...

Jameel replied on Sunday, June 7, 2015 12:49 AM PST 

100% DHA 7 low Price is anomaly and soon it will correct

info replied on Sunday, June 7, 2015 01:17 AM PST 

Agreed Kriz, people have no idea about the area and take wrong decision based on bad advice.

CMY replied on Sunday, June 7, 2015 02:54 AM PST 

Dear brother Kriz thanks a lot for taking time out to take each view one by one and sharing these pictures with all of us.


So kind of you for helping all of owners in DHA 7

Choudry Mujahid Yasin
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