Lahore Real Estate Forum

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(61993)
Saturday, May 9, 2015 11:43 PM PST 
Expected development charges in IVY green Vs DHA 9

Dear CMY,
Do you think that 5 Lac less development Charges in IVY green [10 Merla] will have positive edge for Phase 8 IVY green 10 merla plots, especially when post ballot DHA will ask for up front all development charges.

secondly this new decision of DHA to take all development charges at once, how it will affect post ballot price.

Another comment linked to IVY green is By No means IVY green Location is Better than Phase 7, if You talk of Proximity to BRB, and being isolated as compared to DHA 7, For Comparison Consider it same. But development have yet to start. How IVY green Kanal is Holding its price Little More than Low Budget plots of Phase 7? 75+19= 84,. One is ready and in other even intimation is not issued by no means will be delivered in 3 years.
what is logic here? I think it is only Difference Toyota 1974 is better than 1976,

CMY replied on Saturday, May 9, 2015 11:52 PM PST 

Jameel sahib DHA have not official announce yet and I dont believe this figure at all but poeple close to DHA staff is keep insisting 5 marla charges are 4.5 lacs. I think the be 5 to 5.5 lacs.


To be honest Ivy Green will be in back burner now after DHA9 ballot. DHA7 is also going to hurt it. DHA9 priced should be compared to only X T U Y Z lower parts
prices, For rest of DHA7 W R S P should be close to and about 20% less than DHA6 lower blocks near DHA7. In three DHA6 or 7 be same almost same thing with living point of view.

Choudry Mujahid Yasin ( CMY )
info@LREPK.Com

dubai replied on Sunday, May 10, 2015 01:25 PM PST 

jameel sb, I understand that yu live in UAE. Im also living in Dubai and currently in the thinking process whether to mortgage a apartment here or not?? im sure yu will be having an eye on real estate in Dubai also...plz advice is it a good time to Mortgage??? or market will go through correction owing to Oil
prices slump?

Regards
>
(61992)
Saturday, May 9, 2015 11:35 PM PST 
House Construction

For Mr. Hussain Kaisrani,
Good to see you here. A few months back I saw your valuable "House construction cost analysis" on some website. The cost was updated to November 2014. Now I need a really honest and reliable contractor or thekedaar to build my 2 units small house near Doctors' Hospital, Johar Town. Can you recommend or provide some real skilled person with or without material prices to carry out this work please.
Will appreciate.
Regards.

Hussain Kaisrani replied on Sunday, May 10, 2015 12:05 AM PST 

Thanks dear Tahir,
Hope you understand that we can take responsibility of anyone's honesty. I can recommend you Mr Yousuf .
I haven't worked with him yet but few friends found him a reliable contractor.
It is always better to visit the previous projects or at least talk to the person with whom a contractor worked with.
Good Luck!

Tahir replied on Sunday, May 10, 2015 12:20 AM PST 

Thanks Mr. Kaisrani.
Will
contact Mr. Yousuf accordingly.
Regards.
>
(61991)
Saturday, May 9, 2015 10:47 PM PST 
Closing rates of DHA9 Proper

Closing rates of DHA9 Proper

Solid Buying started at 1PM on Saturday as expected by me during early this week. Last week will be only up now question is how much up from todays close. Sellers gone. Only buyers left. When buyers want to buy each seller is backing out. Almost none confirmation of files. Price of 5-Marla back to 26.50 27 lacs and 1 Kanal back to 62 to 63 before ballot on May 14 afternoon, Not 100% Guaranteed but Insha Allah.

DHA9 proper 5 Marla= 25

DHA9 proper 10 Marla=40.50

DHA9 proper 1 Kanal=59.50


DHA9 proper 4 Marla Commercial = 215
DHA9 proper 4 Marla Commercial = 348

DHA admin had briefing with all largest land owners investors. Same people that bought 1000s of kanals agri land from small land owners overe the years and than gace to DHA.
land owners. DHA explained project in full detail to them. Told them it will be developed on fast track 25/7 to make up for ballot delay. Said many other things like DHA9 will have boundary wall for security control accesses gated community there will be 11 gates made at entry points with names like Bab-ul-Salam etc.

DHA admin assured these large owners we are different than past admins. We will listen to you and work with you to increase value of DHA9 Prism and not only get it developed for you.

Ashraf Gurki , Mohammad Sadid , Bhatti , Abbasi sahib were just few of the large owners at this meeting. Dealers know them all. These guys own 1000s of files each

Choudry Mujahid Yasin ( CMY )
info@LREPK.Com

RANA replied on Saturday, May 9, 2015 11:05 PM PST 

Salam Mr.CMY,

Thanks for keeping up-to-date with
prices. It brings us to learn the market for next investment, INSHAALLAH.

Real estate is the best business ever, safe and sound, but it needs to test how much patience do we have.

I think before or after 15th, price of 1k will be 70.
Rest ALLAH KNOWS BEST.

Wasalam

khalid replied on Saturday, May 9, 2015 11:14 PM PST 

cmy shahib this one my third time post please let me knowcmy please let me know what u think dha phase 7 567 w is this good investment and what u think next 2 to 3 yeadr price thx

AKHTAR ABBAS replied on Saturday, May 9, 2015 11:15 PM PST 

CMY saab, I am sorry but according to my knowledge 5 marla is still under 25 lac.Many
files in market in 24.May be I were wrong but I have confirmed from some reliable source.Agreed with 1 kanal file rate.

CMY replied on Saturday, May 9, 2015 11:30 PM PST 

AKHTAR ABBAS bhai you dont have to be sorry. Your dealer may still have it from his client at lower price. We are posting average rates. Some can be higher some can be lower. Its very fast moving hours. Wind swing each hour of 1 lacs plus minus. Madness for buyers sellers dealers. Cant guarantee rates accuracy like we do in normal trading days. We have to give you rates where we can possibly give you a file.

CMY replied on Sunday, May 10, 2015 12:21 AM PST 

AKHTAR ABBAS bhai I have double checked with other LRE
team members buyers were available at 25 at close but files were not.

AKHTAR ABBAS replied on Sunday, May 10, 2015 02:07 AM PST 

Thx most respectable CMY saab for rechecking.I will also recheck again in morning may be situation will be different.As market is changing so sharply no one can pridict the exact market.I have check at 4 pm may be you have checked at 6 or at 7 then possibilities are there for 1 lac difference.
>
(61990)
Saturday, May 9, 2015 10:05 PM PST 
Sector shop for sale on urgent basis

Ad Type
City
Scheme
Phase
Block
Plot
Size
Demand(Rs)
For Sale
Lahore
DHA
8
V
45
2 marla sh
12500000
Sector shop for sale in DHA-8 block-V. Price as per market rate. Urgent sale
>
(61989)
Saturday, May 9, 2015 09:26 PM PST 

Dear CMY Sir,

As per your assessment rates of phase9 files have started to move up since today afternoon, now sir, would this sentiment be carried on tomorrow and in the next week or selling pressure will prevail from Monday. This highly volatile market trend has affected small holders as panic strikes them first.

Pl respond

Regards

zaeem Ishtaiq replied on Saturday, May 9, 2015 09:49 PM PST 

Ya i were also expecting that rates will rise up in evening or in 2nd half of the day but it surprised me.If rates were still going down then i don't think so it will rise again on Monday,Tuesday,Wednesday.There may be possibility that in last 3 days before ballot
prices will shoooootttttt up but but but but Currently there is "Unpredictable Situation" for small investor.To much risk.May Rise may go down.Small investor like me are thinking to sell before ballot then after ballot again enter in market.Let see what will happen.God knows better.

ABC replied on Saturday, May 9, 2015 10:31 PM PST 

I booked 10M in 39. How its rising.

Moin replied on Saturday, May 9, 2015 10:43 PM PST 

Seems like dummy visitors running intrigue Q&A sessions on the forum.
Isn't it?

ABC replied on Saturday, May 9, 2015 10:47 PM PST 

Man am not dummy. Send mr your email. I shall send you copy of my token receipt.

Moin replied on Saturday, May 9, 2015 10:50 PM PST 

@ABC: I take your words for it, my comment was not intended for you.

Moin replied on Saturday, May 9, 2015 10:53 PM PST 

@ABC:Post from CMY: (a moment back!)

Closing rates of DHA9 Proper
Closing rates
Residential
files all available

25
42.50
59.50

Commercial
215

Choudry Mujahid Yasin ( CMY )
info@LREPK.Com

RANA replied on Saturday, May 9, 2015 10:56 PM PST 

Salam to all,

Prices of phase.9 will rise in either way before ballot or after ballot, INSHAALLAH.

In these two weeks just short term-inverstors are playing. So all others those who wanna keep their files they would't regret INSHAALLLAH.
Just be patience and ALLAH is with Sabereen.

WASALAM,

Anwar replied on Sunday, May 10, 2015 02:38 AM PST 

Three\four days back DHA has made bulk purchases of
files of Phase 9 from local market which resulted, sudden rise in the prices of all files.Once DHA stoped purchases and moreover at the same time, NDC issuing process also terminated from very next day decline in file rates was observed.Since DHA has bought 1 k file at 63 lak and 10 and 5 marlas arround 43 and 27 lak respectively. Hence as per my thinking same will be the minimum tharash hold for each file. I would humbly request CMY bahi for his valued comments please.

CMY replied on Sunday, May 10, 2015 03:33 AM PST 

Anwar your point is valid DHA boutght 400+
files at 5Marla @ 27+ Lacs , 10 Marla @ 43+ Lacs and 63+ Lacs for kanal.

The prices should go back to these figures at least.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com
>
(61988)
Saturday, May 9, 2015 08:22 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
Jeddah
Jeddah
Jeddah
Jeddah
Jeddah
Jeddah
Jeddah
Jeddah
Jeddah
Dear CMY & All Experts,

Please let me know, if my name can be part of balloting of DHA-Multan, even I have not yet collected my allocation letter.

I bought file through my brother and obtained only intimation letter.



:h
>
(61987)
Saturday, May 9, 2015 08:11 PM PST 
DHA Phase-7 V Block around Plot# 640

Dear CMY,
Please evaluate this plot and any news when this area will be cleared?
Regards,
MH

CMY replied on Saturday, May 9, 2015 11:58 PM PST 

I am very sorry but answer is never. DHA have given up in here.

Choudry Mujahid Yasin ( CMY )
info@LREPK.Com
>
(61986)
Saturday, May 9, 2015 07:39 PM PST 
Request To Mr Hassan Kaissarani

Dear Sir,
I was delighted to see your post on LRE
you have a lot of Knowledge of Bahria, Pls give us balanced opinion what is happening there.
I am sure you are in tough

AS replied on Saturday, May 9, 2015 08:40 PM PST 

bhi nothing will happen...if u remember Iftikhar Ch was also after Malik Riaz but couldt do anything...speculations are being genrated to pull down Bahria Market for BIG FISHES to invest...TC

Ahmed replied on Saturday, May 9, 2015 08:55 PM PST 

Bahria is Bahria no match!
Peaceful living!

zaeem Ishtaiq replied on Saturday, May 9, 2015 10:02 PM PST 

Bahria market is going at smooth pace after 2013 where ground plots were available.I don't think so this will heart Bahria Market if if if if if if if if if if some one purchased ON GROUND plots.Its not good time to deal in
Files in BAHRIA TOWN.

Hussain Kaisrani replied on Saturday, May 9, 2015 11:30 PM PST 

Salaam Dear Jameel and CMY,
Thanks remembering me.
I am always there on this page and learning from your wisdom and knowledge on real estate.
After reading your comments and writings, I do not find any reason to write. To make my point my clear MERAY ALFAZ AAP KI TEHRIROON Ki WAJAH SEY PHEEKAY PAR GAEY HAIN.
When I started writing on Bahria Town and surrounding areas in early 2005, there was no information available online on the subject. Now things are changed on positive side.

Dear Jameel, I don't see any problem in Bahria Town and its living standard. We shifted here in 2006 when only few families were residing there. We are enjoying our stay here and never thought for a single moment to move from here. I, along with my family, stayed in the UK and Europe in (believe me) but the quality of life, cleanliness, facilities and kids education etc were not better over there than Safari Villas. In short, I am more than satisfied with my decision to have a house in Safari Villas.

As we have always discussed, a new investor (or one has sufficient funds) should only invest in on ground and physically existing plots. Things were clear about Sector F, Green Valley / Bahria Greens, Golf View Residencia at the time of launch of these projects and I wrote about these projects in detail. One can search with my name on this page or by googling.
My information about Bahria Town Karachi projects is very limited so could not say much about it.

In short, physically existing plots and houses of Bahria Town Lahore have gained a lot during last couple of years. The price and rental value of commercial is dropped (as it was too much over) but houses are going pretty well. Bahria Town Lahore seems over populated now. Bahria Town School Lahore has to open 4 campuses within last three years and all these are over crowded even though Beaconhouse School System is opened last year. Lahore Grammar School will also be opening its branch in near future. Commercial area is almost fully operational. Every second day we hear about the opening of new outlet of some brand. I am simply amazed to see the growth of Bahria Town Lahore.
I know that Bahria Town Lahore has played a lot games and many of our friends has suffered a lot. As CMY explained, we need to be careful when investing in some project on installment. Shifting of plots from Sector C to Bahria Orchard was a very disturbing decision for hundreds of Bahria members. After that the issue of Civic center also created a problem. There are so many issue of Bahria Town which could not be justified by any means.

It would not be out of context if I express my feeling and emotion of gratitude about
Lahore Real Estate and its management. I have benefited (and am benefiting) from this page and Lahore Real Estate Office. Brother Abid Yasin, Adil Saeed and CMY are my MOHSINEEN.
May Allah keep them healthy and happy.
Thanks.

CMY replied on Sunday, May 10, 2015 12:13 AM PST 

Hussain Kaisrani bhai thanks for your input and very kind words.

I must also say here. Bahria town Lahore on ground plots are always a great investment. And Bahria Town take care of its residents I have never seen other developers do same. Amount Bahria Town invest for its residents good life is just unmatched. Have not seen this kind of support from developed in USA for their residents.


Choudry Mujahid Yasin ( CMY )
info@LREPK.Com

Hussain Kaisrani replied on Sunday, May 10, 2015 12:26 AM PST 

If convenient, Mera Naam Bhi Neela Kar dain Please. So that I can be able to see it if some one address me in the post. Thanks.

Jameel replied on Sunday, May 10, 2015 12:47 AM PST 

Thanks Brother, Hussain Kaisrani,
I still miss Chit Chat with you that used to be 8 years back,
Stay Blessed.

CMY replied on Sunday, May 10, 2015 07:04 AM PST 

Hassain Kaisrani bhai all these are now hot linked


Hussain
Kaisrani
Hussain Kaisrani
>
(61985)
Saturday, May 9, 2015 07:11 PM PST 

Ad Type
Scheme
Phase
Dealing
DHA
9
Dear CMY sb,

will P9 map be available on 15th may?
can we file holders visit DHA office p6 on ballot-day to get our plot numbers (also mention any specific time if possible) ? :h
>
(61984)
Saturday, May 9, 2015 05:56 PM PST 

Dear CMY Bhai :Has development work for Phase 5 M been initiated by DHA. If Yes what the likely time frame for the possession of Phase 5 M. Also there are news about bridge or under pass linking 5 M with rest of Phase 5.

These are questions which many investors would like to know about. If you can plz shed some light on these questions I will be grateful
>
(61983)
Saturday, May 9, 2015 05:55 PM PST 
Phase 9 Ad in Khaleej times

http://epaper.khaleejtimes.com/PUBLICATIONS/KT/KT/2015/05/09/index.shtml

HHH replied on Saturday, May 9, 2015 06:31 PM PST 

Their ad actually looks pathetic. I hope their land planning and development
team does a better job.
>
(61982)
Saturday, May 9, 2015 05:55 PM PST 
DHA 9 File

DHA Phase 9 file is still going down down.i were expecting that it will move up today but still market is not good.May be some wild trends will be expected in evening and tomorrow. May be more buyers in market and price will rise.If by tomorrow market will go Down or stop rising then I think next week 1st 3 days will also go slow and high rate will be expected in last 2 days.
>
(61981)
Saturday, May 9, 2015 05:05 PM PST 

Which of the following two options is better to buy 1 kanal on ground plot in DHA with with budget around 110 lack.

(1) phase 5 block M
(2) Phase 8 block S

Objective is 1.5 years investment. Opinions from all brothers is highly appreciated

CMY replied on Saturday, May 9, 2015 05:30 PM PST 

phase 5 block M


Too many graveyards in Phase 8 block S

AKHTAR ABBAS replied on Saturday, May 9, 2015 06:01 PM PST 

Go for phase 7.its been slow days so better rate will be expected after Ramadan.Mean while DHA 9 will also be settled.

AKHTAR replied on Saturday, May 9, 2015 10:10 PM PST 

3 plots in dha Rehbar
>
(61980)
Saturday, May 9, 2015 04:43 PM PST 

I agree to QaSiM raja sb! People shud use dere own minds' rather den jus blindly following anyone' anyone at all' not talkin abt Cmy sb particularly ! Cmy himself says I'm guessing due to my vast experience ! He s also guessing 'predicting' for seeing but nothng is said for sure! So wen somthng go against d predictions' lame no1 but urself! I hope d prices of phase 9 goes well according to d predictions cz a lot of ppl s dream s r on stake! IA

Irfan replied on Saturday, May 9, 2015 05:42 PM PST 

Very true judgment. Even well educated people dont use their own brain while buying anything and blindly follow others advise and later on start blaming.
>
(61979)
Saturday, May 9, 2015 04:38 PM PST 

Dear cmy please tell me how you see dha gujranwala investment in 3 to 5 years where price you see

CMY replied on Saturday, May 9, 2015 04:54 PM PST 

Sarfraz in same budget
DHA Multan is better buy for twice the return on same amount. Better team. Way ahead of Gujranwala


Choudry Mujahid Yasin ( CMY )

Hassan Khan replied on Saturday, May 9, 2015 05:01 PM PST 

What about 10 MARLA option in
Dha Gujranwala as no 10 marla offered in multan?
>
(61978)
Saturday, May 9, 2015 04:34 PM PST 
Comments needed

Just to Light the Mood in the day I am sharing,
I got an Email I am posting here [there is a bit exaggeration and details removed]

Dear Jameel Sahib,
I could not make correct investment decision in my Life,
I Bought a DHA 8 File in 30 Lac in 2 years it reached 80 Lac, I should have sold it immediately. In 2004 I Could have parked my money in NSS for 3 years to make it 120 Lac, In 2007 I think I did a big mistake not to buy Bahria sector C commercials in 30 lac each I should have bought 4 Of them. At peak price in 2013, I should have sold them and Bought 20 plots in DHA 6, Now I would be owning 20 to 24 Plots in DHA phase 6, the worth of 40 Cror. But I am now owning only One Plot is phase 8, worth 1.4 Cror, Am I not ruined.

What to reply to such people

Should I say some People are Sheikh Chily [No Offense intended]

syed shoaib replied on Saturday, May 9, 2015 05:16 PM PST 

at least u have 1.4 crore use it wise now , come ou2 of past everyone have similar type of chances .

AKHTAR ABBAS replied on Saturday, May 9, 2015 06:40 PM PST 

I am really sad to hear this story.Business is always risky go for ground realities and do some dua before having some deal.InshAllah God will never let you down.

Tahir replied on Saturday, May 9, 2015 10:45 PM PST 

Mr. Jameel, the disgruntled person himself asked you "Am I not ruined", Yes! Of course he is absolutely RUINED ethically, morally, and even physically now to have no peace because of so much greed & lust for the money, and having no thanks for the One who created this person and given him so much instead.

Jameel replied on Saturday, May 9, 2015 11:18 PM PST 

To me it is Fuuny, but honestly many think similarly if not exactly same way, they want investment should gain few Lacs if not every day every week.

Rational replied on Sunday, May 10, 2015 12:57 AM PST 

Dear Jameel Sb.
Though one should not look at his mistake but we should believe in Allah in all such affairs. May be there were some bad things for you and your family that Allah kept you away from such wealth. You never know. Rizq is written by Allah in our destiny. Looking higher in worldly affairs will always keep you dissatisfied. So pray to Allah for Barakat in

what you have. Also do istikhara yourself before making any decision. Salam
>
(61977)
Saturday, May 9, 2015 04:19 PM PST 
>
(61975)
Saturday, May 9, 2015 03:38 PM PST 

Salam to everyàne,

Alhamdulillah & MashaAllah, My family owns 2 plots of 2 kanal each in ph.7 X.

Could all brothers and sisters including Mr.CMY with their expertive views explain what should be done;
sell to change phase, or
wait till development is completed, and
which time phrase?

Thanks a lot,

CMY replied on Saturday, May 9, 2015 03:43 PM PST 

Rana sahib you are lucky keep both till next 3 years
>
(61974)
Saturday, May 9, 2015 03:23 PM PST 
DHA Multan Balloting

Dear All,

I have one question, people here have discussed DHA Multan at length (Maroof Sb has recently written a detailed and useful opinion, Bro CMY from time to time has spoken about it) and have mostly said that balloting will be 2-3 years down the line. However if you see the website of DHA Multan and see the "FAQs" section, you will see as answer to the last question that they have said that ballot will be in first half 2015. Now that seems very near, but what my question is that would it not be very unaccurate if they did the ballot 2-3 years after the date DHA itself has published on their website. I would like to think that they might delay it by six months to a year but 2-3 years? Is this correct or just wishful thinking on my part and any black and white statement on DHA's website cannot be trusted?

I might be missing something here....please clarify.

CMY replied on Saturday, May 9, 2015 03:26 PM PST 

DHA Multan phase one ballot is this year.

CMY replied on Saturday, May 9, 2015 03:28 PM PST 

Where did you read I said 2 to 4 years. I need link to make correction. I always saud ballot can be announced ballot any day of this year.

mext60 replied on Saturday, May 9, 2015 03:33 PM PST 

Thanks CMY for replying, no you did not say 2-3 years but some other commentators.

So the
files whose rates are published here, belong to phase 1 then? Which will mean that those files will become plot this year itself, this appears to be very promising investment (hopefully)

CMY replied on Saturday, May 9, 2015 03:37 PM PST 

Yes they are for phase 1 that will be balloted this year. Not in weeks but in months. Some where in 2015

malik amjad dubai replied on Saturday, May 9, 2015 04:30 PM PST 

dear cmy sahib, I am in process of buying multan file but it is affidavit file and if balloting is during this year when we can transfer it to allocation file as I believe that affidavit
files w not be included in balloting. I can not visit again to pakistan for this purpose, 2ndly I have already sent token money to ur office for subject file and wants to send remaining amount through my father so he can prepare pay order on file seller name but bank there is saying they can not clear it before 2 weeks as it is a big amount and they don't have cash in that small branch, but I have to pay with in week, and also there are chances they w deduct some tax and other charges etc, pls guide bkz I can not transfer it directly to file seller name with out completeion of formalities, pls guide for quick transfer and affidavit issue thanks

CMY replied on Saturday, May 9, 2015 04:51 PM PST 

Malik Amjad two days after transfer of affidavit without paying extra money you can receive your intimation letter.


All intimation become allocation automatically in two days in Multan. Once its allocation Its ready for ballot of phase1.

All visitors NEVER Ever make a deal in file or plot if your funds are not ready for bank purchase order in Pakistan. If funds are delayed we are at great risk to loose token money.

Please call the LRE
team member so he can try his best to buy more time for you.


Choudry Mujahid Yasin ( CMY )
>
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