Lahore Real Estate Forum

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(65561)
Saturday, June 6, 2015 12:26 PM PST 
DHA-9 Development Charges

Dear DHA-9 Plot Holders :flg

Brother CMY has given an idea of development charges for DHA-9 plot which seems way more then it should be. It was 10 Lacs in DHA-8 just 4 years ago and now more then double of DHA-8, Why and how it can be justified. I am sure DHA is thinking and noting plot holders reaction otherwise there is NO need to delay and not to announcing these charges.

DHA-8 have already kept around 8000 good location plot and allotted rest of plot to general public and now imposing ridicules cost as Development Charges is un fair and big question mark of their name.

Raise your noise before this gets too late. I am not convinced either to guess high price in stead of realistic.

Please comment :)
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(65560)
Saturday, June 6, 2015 06:08 AM PST 
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(65559)
Saturday, June 6, 2015 05:25 AM PST 
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(65557)
Saturday, June 6, 2015 04:58 AM PST 

Dear
Pls evaluate plot k-858 dha phase 9.
Regards
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(65556)
Saturday, June 6, 2015 04:57 AM PST 

Dear CMY i am really impressed by your vast knowledge in property. You are not just a dealer, you are a researcher. A hidden PHD property researcher.

Brother i wanna ask about trasfering prism balloted plot to my sister's name, it is currentely on my name and i want to transfer it to my sister's name. It's one kanal plot balloted from file in sector P dha phase 9.
Is Dha transferring plots in prism or not if it is then how much total charges would be?

Thanks you so much
JizakAllah hu khaira
Qasim Ali

LRE Admin replied on Saturday, June 6, 2015 06:34 AM PST 

Transfer Fee 50950
CVT 30000
Stamp Duty 45000
Membership fee 22830
Documentation Fee 4000


Total 152780

Qasim ali replied on Saturday, June 6, 2015 12:55 PM PST 

Thanks you so much dear LRE Admin...jizakallah
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(65555)
Saturday, June 6, 2015 04:55 AM PST 

Salam

i would like to buy plot in dha 9 A or B block, any want to sell? i need in good location .my request is if some one is really serious to sell please keep current market price in mind before demanding.
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(65554)
Saturday, June 6, 2015 04:54 AM PST 

Reference post 73619:
Prices are less in phase 7 commercial because market has not realized the potential yet though these have increased around 20% in the last two months; 4 marla commercial file in phase 7 has quietly increased from 125 lacs to todays rate of 155 lacs (see LRE rates today). When i bought commercial in phase 6, similar argument was given for very low prices in phase 6 CCA. In fact this has been true for commercials in Y block phase 3, which were priced lower than H block. Phase 4 and phase 5 commercial were also priced lower and then increased substantially after house construction started. Actually, value of commercial is only when residential has been built; there is no point of having commercial areas without having residential developed and people living in there. On average it takes 7 to 8 years for a phase to get developed and another 4 to 5 years for people to start living there. For phase 7 commercial, 7 to 8 years have passed and it is mostly developed now so now is the time to have huge gains in phase 7 commercial as house construction starts.

Market mostly corrects itself when commercial starts going on rent and then there are huge spikes, which is the reason that investing right now in not developed phases does not make much sense but then very few people think rationally.

phase 7 commercial replied on Saturday, June 6, 2015 09:55 AM PST 

Dear info reason behind this price hike in ph 7 commercial is because no new commercial affidavits getting clear by DHA now a days supply is limited. Those who have allocations demanding higher price thats it

info replied on Saturday, June 6, 2015 10:48 AM PST 

Dear phase 7 commercial. This may be one of the reasons but there could be others also. Anyway, we are trying to project future with logical reasons so time will tell who was right but keeping in view the past DHA history, i think of phase 6 and 7 as the best phases among all both for residential and commercial for many rationale reasons.

phase 7 commercial replied on Saturday, June 6, 2015 10:57 AM PST 

Yes in longer run your argument will be proven right i agree

Jameel replied on Saturday, June 6, 2015 04:07 PM PST 

in fact it is not only for DHA 7 Commercial but residential plots are also up , Like 5 to 10 Lac increase in demands seen in last 2 weeks. Possibly due to some under construction houses.
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(65553)
Saturday, June 6, 2015 04:52 AM 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 surrounding big societies. Where Bahria Town 5 Marla Commercial plot is cost 200 lacs to 850 Lacs. It will also be route to access Ring Road interchange and Bahria Town Sector F is getting its connected entrance from Multan 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?
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(65552)
Saturday, June 6, 2015 04:45 AM PST 

@Phase 9
When Parkview files were moved to Phase 7, DHA announced that possession of Phase 7 new cutting plots will be given by April 2014. Its now June 2015 and still no possession. So how can people believe DHA this time, when they have broken their promise previously.
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(65551)
Saturday, June 6, 2015 03:29 AM PST 
can I find my Prism Plot number?

I have an intimation letter which mentions code 1737/8 and mentions an allotment section (UAE ). Plus I have an affidavit letter which mentions a challan number . It's under my name Maria. Can I find my Prism Plot number?

HIAN replied on Saturday, June 6, 2015 05:55 PM PST 

I hav same problem, anyone can help us to know the procedure.
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(65550)
Saturday, June 6, 2015 02:25 AM PST 
phase 7

I have two option to construct my house one in phase 7 and other in Ex air avenue Dha phase 8. which one will be better to construct a kanal house for the future rates and personnel living by the end of this year , i am so confuse please a sincere advice needed from experts of on this forum.

Advice needed replied on Sunday, June 7, 2015 03:18 AM PST 

Thanks so much for such viberant and clear advice. I really appropriate that.
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(65549)
Saturday, June 6, 2015 02:17 AM PST 

Increased and solid buying is seen in Prism DHA phase 9 especially in good location one kanal plots.

Likely development charges for Prism will be
5 Marla = 7.5 to 9 Lacs
10 Marla = 13 t0 14 Lacs
1 Kanal = 19 t0 21 Lacs

Very unjustified amounts for small plots owners. If Prism can sustain this shocking amount and people can hold their plots there will be good gains ahead because all bad locations in the market already. Rest of people have holding power. Less than 1000 plots one bad location out of 25000 plots. Most already in market for sale. No more negative stuff lest to surprise any one.

DHA is justifying higher amounts for speedy fast track development in 3 years. DHA says they dont increase development charges latter on. Also saying 2 smaller plots take same front and 1 kanal and need more roads electric sewage system etc

Choudry Mujahid Yasin ( CMY )


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

Overseas Pakistani replied on Saturday, June 6, 2015 02:25 AM PST 

CMY sb;
What about dev charges for 4 & 8 Marla commercials.

Thank you

Z.F replied on Saturday, June 6, 2015 02:25 AM PST 

CMY sb. today budget is in favor of construction activities and housing societies then why these so high development charges. it seems unfair and also unjustifiable.

khan replied on Saturday, June 6, 2015 03:09 AM PST 

Well very justified to increase development charges of 5 marla had they given them the same good
location as 1 kanal plots
Idiots

overthesea replied on Saturday, June 6, 2015 03:27 AM PST 

CMY please convey the message to your source that if DHA would have done correct town planning for smaller plots then they may ask high charges so both parties could have win win situation.

Under new scenario who will buy small plots with high DC. Further when Gen Raheel Shareef will retire if he is going to retire within next 2 years then i doubt on DHA.

CMY replied on Saturday, June 6, 2015 04:32 AM PST 

25000 ploys x15 lacs= 375,000 lacs to be collected as development charges alone. Largest ever amount.

Count how many billions it is in Rs and $s. My math is always wrong :)


Only DHA to collect this huge foreign amount in form of exchange in next 3 years alone as most owners are expatriates.

If DHA admin still cant do a fast track Prism phase 9 development. I dont know when it can be done and who can do it.

15 lac is average amount for each plot for 25000 plots in total. You have commercial plots that have min 30 lacs as development charges for 8 marla plots also you have 21 lacs amount for 1000s of kanal plots. Average must be above 15 lacs for each plot not less than that.

DHA is never going to spend that kind of cash development only. If it does development can be done in 1 year.

Choudry Mujahid Yasin

LHR replied on Saturday, June 6, 2015 04:54 AM PST 

CMY sb mentioned development charges likely to be not yet decided but in my opinion DHA has been doing development work since long, charges might wl b high but not as such high. Rest Allah knows better and we wl know when it will be officially announced.

mubashar replied on Saturday, June 6, 2015 04:57 AM PST 

If any private developer imposes such high development charges then people start abusing him with bad names like XXXX, XXXXX, XXXX and XXXX etc. Now what should we call DHA management? I think no one can ask to DHA about any thing in this country. We can say might is right policy is running across this country. OH MY LORD HELP Us

mky replied on Saturday, June 6, 2015 05:03 AM PST 

Construction cost decreasing , good for those who want to build a home , selling home on profit now face more tax .


In that much friendly situation and high devep charges i think dealer wont mind to increase plot
prices a little above themselves on their own although not bubble thing but sometimes in correction phase one need to increase , and keep price difference acc to difference in dev charges ,so put 5 marla above 30 without dc from now on

Block B replied on Saturday, June 6, 2015 11:20 AM PST 

Development charges should be based on front size instead of plot size. I do not mind higher development charges as long as they deliver quality and within promised time line .
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(65548)
Saturday, June 6, 2015 01:41 AM PST 
LDA Seals 11 Housing Society

LAHORE: The officials of the Estate Management Directorate of the Lahore Development Authority (LDA) have sealed offices of 11 approved housing schemes for not handing over transfer and mortgage deeds of public places, parks and roads to the LDA.

The societies whose offices were sealed were Lahore Avenue, Muslim Nagar, SNGPL Phase II, Rail Town, Al-Raheem Garden IV, Al Ghani Garden, Mashallah Housing Scheme, Al Ghani Garden Phase II, Al Raheem Garden Phase V, Al Rehman Garden Phase III and Midland Housing Scheme.


Just for info,

omer replied on Saturday, June 6, 2015 02:05 AM PST 

are u sure that it involves sui phase 2? and where we can confirm this news ?????thanks

MS replied on Saturday, June 6, 2015 02:12 AM PST 

Check LDA website for more info.

Phase 9 replied on Saturday, June 6, 2015 02:44 AM PST 

Sirf SNGPL ka he pata hai, baki ka tuo kabi naam bhi nai suna. naam say he 2 number lag rayi hai. Good job LDA.
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(65547)
Saturday, June 6, 2015 01:32 AM PST 

why no one is discussing ivy green here?? i guess apart from phase-7. this could be another low budgeted DHA society livable within next 2 years.
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(65546)
Saturday, June 6, 2015 01:20 AM PST 

Value of 132 -H, phase 9?



:pkf :h
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(65545)
Saturday, June 6, 2015 12:58 AM PST 
home for sale near wapda town in iep sec b

kanal 4500 sq ft

a plus material

5 rooms , 1 study , dinning , drawing , 2 kitchen ,

solid woodwork 95%. original dayar with bit of 5% semi wood

skylight , airy , big almunium windows , marble and granite , gas .

rcc lainter solid . chenab river sand used

2.7 years old

demand much less than surrounding but better livable

280 .

4 car porch , square lawn

please contact on email provided . thank u

Syed Shoaib
:forsale:
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(65544)
Saturday, June 6, 2015 12:47 AM PST 

:pkf prism F-497 for sale....dmd 80 laks w/o dev charges.
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(65543)
Saturday, June 6, 2015 12:45 AM PST 

What would be the price range of 1 kanal plot in phase 8 W block
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(65542)
Friday, June 5, 2015 11:53 PM PST 

Ad Type
Scheme
Phase
For Sale
DHA
9
Hello Experts . Can you please tell or predict when Phase 9 PRISM next mini balloting will take place ? ALSO After the next balloting will there will be still files left or it will be the final and last balloting in PHASE 9 PRISM. I will really appreciate your expedite response. Thanks
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