Lahore Real Estate Forum

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(62118)
Tuesday, May 12, 2015 11:28 PM PST 
Advance Income Tax on Expats

Ad Type
Scheme
For Sale
Bahria
Dear LRE Team
I am an Expat and in the process of buying a property in Bahria Town. As part of the transfer cost, the agent has introduced me to "Advance Income Tax" of 1% incase I have NTN and 2% incase I don't have NTN. My question is that whether this is applicable to Expats, who don't live and work in Pakistan and second how this calculated. My agent has told me that it will be 104,000 as 1%, so I suppose for me will it be 208,000 being the 2%.

Please reply.

Aman

AH replied on Tuesday, May 12, 2015 11:56 PM PST 

If one is not living and working in Pakistan the how can get NTN no. Secondly we already have huge cobtribution in Pakistan by sending money to Pakista. I heard many taxes are being implemented on property in new budget.

Abu-Bakar replied on Wednesday, May 13, 2015 12:44 AM PST 

@AH Overseas Pakistani can have NTN.
If some one is tax payer and then moved to overseas.

@ Amna, There were some news of tax exceptions for overseas Pakistanis in last year's Fed budget. But I guess you need to check with CBR and see what does they say...


http://www.fbr.gov.pk/help.aspx



NOTE: Always go to the "SOURCE" if you need any information,else You will get second hand info, it might be outdated or incorrect.
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(62116)
Tuesday, May 12, 2015 11:08 PM PST 
Phase 9

Anyone knows what's closing file rates for phase 9.
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(62115)
Tuesday, May 12, 2015 11:05 PM PST 

Salam

Dear CMY

i have 5 merla plot file of bahria Karachi QUS series.

5 installments paid .

what is the current rate.

should i hold or sell it

thanks
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(62114)
Tuesday, May 12, 2015 10:00 PM PST 

Yesterday I was talking with one high rank person from DHA. Prisim word is not only for marketing purpose. A story is behind that. Fast track development is also marketing and business word. Those who has sold their files are clever investors. Best time to buy is after ballot. All on this blog have same kind of advise from LRE team which is diffetent from CMY (WITH RESPECT). Now whats is story behind word prism and fall of prices. Wait till ballot. Those who couldnt sell. Please dont be panic.
In fact everyone advise you best based on his knowledge and many took benefits from CMY advise including me. NYAAT KISI KII BURII NAHI. BUS INVESTOR BOHAT ZALIM HAY.

UAE replied on Tuesday, May 12, 2015 10:13 PM PST 

What are the closing
prices for phase 9 today, appreciate in Advance

AH replied on Tuesday, May 12, 2015 10:16 PM PST 

Am also in UAE. No idea :)

MM replied on Tuesday, May 12, 2015 10:19 PM PST 

Mr UAE..what is going to happen to phase 9
files which are not included in May 15th ballot? Decline ? Since plot has higher value than files? And when the ballot for remaining files will happen?

UAE replied on Tuesday, May 12, 2015 10:25 PM PST 

It's understood thing if plot
prices will not b good enough then file prices wl go more down. How much no idea but if plot prices will b good enough the file prices will go up. Rest Allah knows better

AH replied on Tuesday, May 12, 2015 11:59 PM PST 

There are 20 pockets and Rohi Nala in Phase 9 Map. Which is out in market now.

HAJI replied on Wednesday, May 13, 2015 12:27 AM PST 

Dha town has the best
location in phase 9 map.

syed shoaib replied on Wednesday, May 13, 2015 03:53 AM PST 

it is named prism not for dimensions , history bla bla but it will develop as it show culture of all 5 provinces of pakistan here u can say a new better modern mini pakistan with cultural taste .
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(62112)
Tuesday, May 12, 2015 07:09 PM PST 

What are the new predicted prices on 16 May 2015( after ballot)

Worst, Bad, Normal and Best Location.
Phase 9 Prism

Umer replied on Tuesday, May 12, 2015 08:04 PM PST 

How can b 20 lac difference between Phase 8 Z block & phase 9 prism 10 marla plots? Though both r DHA. Totally feels unrealistic .No doubt phase 9 has much better
location bt we should keep mind, its the largest phase so supply would be greater as well.

This is what I felt, rest Allah knows better.
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(62111)
Tuesday, May 12, 2015 07:05 PM PST 
DHA Phase 9 - Master Plan

Dear CMY

Salam and Praying for your Well Being and health.

As we can see a few images of the Phase 9 Map, have you got any information on planned allocations for Phase 9 - 10 Marla Plots. If you have got any information, can you please indicate the land belts on these maps for allocation of 10 Marla plots. I have got one.


:pkf

CMY replied on Wednesday, May 13, 2015 06:38 AM PST 

I am waiting for official map of DHA9 Prism 9 (Proper). May be this leaked map is good too but I cant see any plots on it.
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(62110)
Tuesday, May 12, 2015 06:54 PM PST 

Dear CMY, Rumors are in market that phase-7 files will be balloted alongside phase-9 ballot. What are your views and when it is likely to balloted.

CMY replied on Wednesday, May 13, 2015 12:35 AM PST 

Yes its very possible. Have seen this practice on past ballots too.

Choudry Mujahid Yasin ( CMY )
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(62109)
Tuesday, May 12, 2015 06:27 PM PST 
phase 9

what will be fate if 5 marla holders who end up on very good location and those who end up at very bad location , further corner , big roads , graveyard , boundary , commercial facing keeping in mind on both locations , and what is current price of 5 marla file ??

Farhan Majeed replied on Tuesday, May 12, 2015 06:48 PM PST 

Any updates on balloting of Phase 9 Town
Files. I have a 5 marla file since August 2013. When can we expect the ballot? Thanks

KK replied on Tuesday, May 12, 2015 06:52 PM PST 

Yar teera Sawal kya ha? what you want to ask?

Interpreter replied on Tuesday, May 12, 2015 07:00 PM PST 

In my opinion "Syed Shoaib" wants an opinion on price range of 5 Marla Plots (Good
Location & Bad Location) for Phase 9 after the ballot.

KK replied on Tuesday, May 12, 2015 07:54 PM PST 

On In that case, I am sure no once can give you exact Answer Unless the the map is on the table...
SO as most accurate GUESS, I think the overall
prices after ballot will take few months to get a stable number.
So lets wait for few days more and then see the trend for few month to take decision of selling or Purchasing.
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(62108)
Tuesday, May 12, 2015 05:19 PM PST 
bahria Golf view Residencia

Ad Type
City
Scheme
For Sale
lahore
bahria town
Dear Rehza and respected LRE,
It seems LRR southern loop Dissect BTL from fazaia then golf view resedencia will be effected. Please put some light which area of golf view will be effected. Please explain number wise like first 200 numbers or 400 onward or after 600. Will be very thankful as I have plot on first 100 dont know whether its safe or not.

E.A replied on Tuesday, May 12, 2015 06:30 PM PST 

Dear Imran,
i had a chat just before with a GURU of Bahria, he told me that not a single plot in Bahria will be affected with LRR, it is passing from the boundry of Bahria.

Thanks

Sheru replied on Tuesday, May 12, 2015 06:43 PM PST 

@E.A. With due respect sir, I find that to be a gross misrepresentation. It is fair to say that we do not know yet but to suggest that not a "single" bahria plot will be affected is incorrect. IF and only IF the current map which is being circulated since 2012 is implemented, I definitely see Bahria and in particular Golf view residencia being the most affected. Ring Road is practically passing through entire Golf view residencia.

Rahza replied on Tuesday, May 12, 2015 06:50 PM PST 

Bahria golf will be affected seriously....

Affan Ali replied on Tuesday, May 12, 2015 07:18 PM PST 

Hello Rahza
As you see, many ppl request you for information on Golf View about Ring Road effect. You please be kind to them and tell them to get dua as it will save them their life savings.

Shoaib Mansoor replied on Tuesday, May 12, 2015 07:24 PM PST 

Rahza bhai pe kisi baat ka asar hojaae... ye ho nahi sakta... :-p

Sheru replied on Tuesday, May 12, 2015 07:51 PM PST 

ahaha - exactly Shoaib bhai!! Rahza bhai ko humain tarrpanay main bohat maza aata hai ;)

Rahza bhai, aur kuch nahin tou itna tou bata dain keh all the info you have shared till now, is this the most recent? Please? Itna tou confirm ker dain! Dekhain itnay pyaar say request ker rahay hain hum sab ;)

Rahza replied on Tuesday, May 12, 2015 08:14 PM PST 

well i said...dont ask me again :D....
ab ring road banay k baad hi pta chlay ga k kia bna hay aur kahan say guzri yay ring road ;)

Shoaib Mansoor replied on Tuesday, May 12, 2015 08:29 PM PST 

this is something cruel from Rahza esp for bahria golfers and NFC-2 investors :-D

info replied on Wednesday, May 13, 2015 12:48 AM PST 

NFC investors don't have much worry from LRR as only few plots will be affected and LRR interchange is a big plus.
>
(62107)
Tuesday, May 12, 2015 05:11 PM PST 
Need an Advice

I have investment in Dha phase 8 Z block. Is it advisable to shift my investment to phase 9?

CMY advice please.

Thank you

Khalid Mehmood replied on Tuesday, May 12, 2015 06:06 PM PST 

Please don't delay Phase 9 are proper DHA phase, its
location are 100 time batter than Z block phase 8.
Always invest in proper phase of any scheme not extension not extra block like Z.
Location matter in property, phase 9 are much batter location than Z.

Ibrahimdxb replied on Tuesday, May 12, 2015 10:02 PM PST 

Mr. Khalid given the right opinion as there is no comparison between two and at this time there is a small difference in value but in long run there will be a huge gape of price and value of property.
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(62106)
Tuesday, May 12, 2015 04:48 PM PST 

AOA CMY Sahib,

I am following ur posts from a very long time. And i am a die hard fan of u. I have one question regarding State life Phase II. I know now a days every one is talking about DHA Prism, and no one bothers about SL2. But following are my thinkings, needs ur suggestion or evaluation about my thinking,

1. Location of SL2 is unmatched. I know there are some deep wholes in its area but the location of this phase is like a GOLD. And i am thinking that in a 2 or 3 years time this place will be like a hot cake deal for investors.

2. Keeping in mind its location, i dont think so any one who purchased that property will throw that away like a garbage. This phase of state life will gain max returns in the coming years.

3. As the ballot of PRism is very near and DHA will start development of DHA prism very soon. And when the development of PRism will start it will definitely impact the prices fo SL2 because it is adjacent to SL2 and we would witness a sharp increase in the prices of SL2.

Am i thinking right or the other way around?

Please pass some comments on my thinkgs,

Regards,
Rizwan Ahmed
Student of CMY in Property Matters. :-)

mohsin replied on Tuesday, May 12, 2015 05:04 PM PST 

There will be some movement in SL2 AFTER the month of June 2015. Thats what the director told us to hold till June.

To LRE I am interested in buying the phase 9 ext file. i called the number listed here which has a very nice ring tone darood shareef MA. but no one answers.

CMY replied on Tuesday, May 12, 2015 05:34 PM PST 

Mohsin bhai please call +923224009766

CMY replied on Tuesday, May 12, 2015 05:37 PM PST 

I agree with DHA9 Prism map on its side SL2 will become more attractive and may start gaining in price soon now.

Shahzad Qamar replied on Tuesday, May 12, 2015 05:41 PM PST 

CMY bhaii I dont think SL2 will gain attractively because its development will take much much longer than ph9 due to SL management. But yes SL1 will rise now 1crore plots reaching 1.5 within 2 to 3 years

CMY replied on Tuesday, May 12, 2015 05:41 PM PST 

Mohsin bhai Fawad is DHA office with multiple
files transfers. Please call Adil at +923224009766 or Salman at at +923224009967 Both are always updated on all DHA files rates.

CMY replied on Tuesday, May 12, 2015 05:43 PM PST 

Shahzad Qamar SL2 will be next Ravians HS. That was turned into DHA5 L block

Shahzad Qamar replied on Tuesday, May 12, 2015 06:40 PM PST 

CMY from that angle you are right, I understand that possibility

Rizwan Ahmed replied on Tuesday, May 12, 2015 06:42 PM PST 

@CMY sir... thanks for ur reply...

raheel replied on Tuesday, May 12, 2015 06:44 PM PST 

CMY Sb,

I don’t know on one topic response is on the west side whereas on the other side on the east, the same is that with my question & response of CMY Sb. regarding SL – 2 of below post. Whereas now answer is entirely different.

Raheel Question : Great CMY Sb.

I purchased 10 marla plot of State Life Phase 2 on 40 feet road in December 2013 which is transferable & not the open one.

Kindly guide me either to hold this or sale out for investing in other society.

Can you also provide your expert views for any chance of merger between DHA & State Life in future

Kindly response the above points in detail, GOD BLESS YOU & KEEP SMILES & HEALTHY.


CMY Answer :

Raheel bhai please sell it. Not good to keep it. No hope other than DHA merger in future. If that every happen be good but other than that no justifiable return here to hold it for long term.

Choudry Mujahid Yasin ( CMY )

CMY replied on Wednesday, May 13, 2015 02:24 AM PST 

Raheel

"No hope other than DHA merger in future"

Can be held if your hope is strong and can you keep here. If you think its not possible. Sell it. Simple enough
>
(62104)
Tuesday, May 12, 2015 04:22 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
Lahore
DHa
9 Town
A
824
5m
Dear LRE Team and mian fawad saab,

Please Evaluate the following plot please, selling price?

DHA phase 9 town Block A plot no. 823 (cornor).

Thanks.

Mian Fawad replied on Tuesday, May 12, 2015 07:48 PM PST 

Dear Sir,

Current Market Price Of Your Plot No. 823-A Is Rs. 45.00 Lacs


Mian Fawad Ahmad
Lahore Real Estate
0302-4489001
INFO@LREPK.Com

Mushtaq Ahmad replied on Tuesday, May 12, 2015 08:52 PM PST 

Fawad Sahib,
Please Evaluate the following plot?

DHA phase 9 town Block D plot no. 1907 (5 Marla).

Thanks.
>
(62103)
Tuesday, May 12, 2015 04:10 PM PST 
Phase 9 Map

I heard that Phase 9 Proper map is available in real estate agent. LRE please upload.
>
(62101)
Tuesday, May 12, 2015 03:56 PM PST 
DHA Phase 9 Prism 9 Bad Location Plots

DHA Phase 9 Prism 9 Bad Location Plots Will Be Only Inside These Circles

Need a better Res Map To Point With More Accuracy





Choudry Mujahid Yasin ( CMY )

CMY replied on Tuesday, May 12, 2015 04:00 PM PST 

Two white area on bottom left are poorly developed GTS housing and Inmol housing schemes. These are NOT villages. Any plot around these two housing project wont be a bad
location

phase nine replied on Tuesday, May 12, 2015 04:05 PM PST 

Dear CMY if God Forbid any one gets plot in these red circles do u still suggest to hold plot for 3-4 years?

Z.F replied on Tuesday, May 12, 2015 04:08 PM PST 

CMY,sahib is map may golf ground kaha hai ...

CMY replied on Tuesday, May 12, 2015 04:10 PM PST 

He should sell his plot asap without blinking his eyes and move to a better
location by adding little money without wasting time.

Having a bad plot in ballot is bad luck. Keep sitting on it for too many years will be pure negligence and should be a crime :)

phase nine replied on Tuesday, May 12, 2015 04:11 PM PST 

Thanks a lot for guidance

Ashfaq Khan replied on Tuesday, May 12, 2015 04:13 PM PST 

CMY Sahib,

Please highlight locations of 8 marla commercial plots.

CMY replied on Tuesday, May 12, 2015 04:15 PM PST 

This is at least 4 years old map with minor changes. Look at its age with folding marks in the middle for many years.

Apartment buildings and golf course many other things are missing. Roads are on same place but there are few changes.

Rahza replied on Tuesday, May 12, 2015 04:19 PM PST 

well why DHA dont give a 25 feet green belt along Nullah and then a 25 to 30' road and then the ressidential area starts..because overall they are providing the facilities that are not present in previous phases...so why not to avoid this "smell area: to make it comfortable for everyone...for investors and for residents......?

CMY replied on Tuesday, May 12, 2015 04:24 PM PST 

I have marked only areas that will be considers a bad
location on official DHA Prism map.

Other side of Ring road is Nala so marked it red. All area around villages are market red. Only plots effected by bad boundary is market red. Boundary near developed housing schemes GTG and Inmol is is not bad at all for plots near it.


We must wait for official and clearer map. I cant see plot sizes in here.

Irfan replied on Tuesday, May 12, 2015 04:27 PM PST 

There are many bad locations marked on this map by respected CMY. That means bad location plots chances are increased in ballot. Golf course, Theme Park etc are missing perhaps

CMY replied on Tuesday, May 12, 2015 04:27 PM PST 

Plots on other side of ring road are mostly 5 marla and 10 marla only like in DHA8 Y block.

Rahza replied on Tuesday, May 12, 2015 04:30 PM PST 

well i was saying in general....
dha is trying to make this phase the best of all...so i think its a valid point regarding green belt and a road before plots line...

Irfan replied on Tuesday, May 12, 2015 04:38 PM PST 

Respected CMY sb,
Despite of your health conditions, your sense of humor is really great.

syed Zafar Abbas replied on Tuesday, May 12, 2015 05:01 PM PST 

Dear CMY Sahib.. My question is how much loss I will sustain if on balloting a bad
location one kanal plot is allotted to me which costed me 17+19=36 lacs. I am holding the file for last six years long and now I am being harrased. I am sure I will be gaining in either case and I will go till end.
Lot of regards

Shahzad Qamar replied on Tuesday, May 12, 2015 05:31 PM PST 

Zafar saab just chill,,,in your price even if you get a plot inside the village (lolzz) you will still make a very good profit out of it. just relax. but as CMY said if it is in red zone sell it immediately and go for some better option with added money.
>
(62100)
Tuesday, May 12, 2015 03:52 PM PST 
DHA 5 BLOCK M

Dear All
any update on phase 5 Block M,about under pass or some new pics.
Regards :h :h :h

faiz replied on Tuesday, May 12, 2015 05:30 PM PST 

Dear lre,
AOA, i want to ask how much extra charges (stamp duty, cvt.
transfer fee,advance tax,miscallaneous charges) except commission fee for DHA phase 5 M block one kanal.I do not know the dc rate of this block so advance tax will be applicable or not.

If somebody is interested in phase 5 M block one kanal,is it accessible by road to see exact location of proposed plot so it is not deep or any high tension wire overhead or any obvious drawback.
thanks

faiz replied on Tuesday, May 12, 2015 05:30 PM PST 

Dear lre,
AOA, i want to ask how much extra charges (stamp duty, cvt.
transfer fee,advance tax,miscallaneous charges) except commission fee for DHA phase 5 M block one kanal.I do not know the dc rate of this block so advance tax will be applicable or not.

If somebody is interested in phase 5 M block one kanal,is it accessible by road to see exact location of proposed plot so it is not deep or any high tension wire overhead or any obvious drawback.
thanks
>
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