Lahore Real Estate Forum

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(61886)
Thursday, May 7, 2015 05:07 PM PST 
Phase 7 Commercial

Dear CMY Bhai:

In one of your post below regarding phase 7 commercial files, u have mentioned that their location may change. Need your detailed opinion abotu Phase 7 Commercial files, as i believe, they have low price and once population is in phase 7, they will go up.

Thanks

curious to know replied on Thursday, May 7, 2015 06:21 PM PST 

I do not know about future of phase 7 commercial
files as long as gains/profits are concerned but i am rest assured at this price it has Almost Zero downside risk. Priced are so depressed in phase 7 commercial files.

Sheru replied on Thursday, May 7, 2015 06:30 PM PST 

I agree with curious. The only way for phase 7 commercial file seems up. Below the current price, it almost free!

flex01 replied on Thursday, May 7, 2015 06:45 PM PST 

agrred with both of u, "curious to know " and Sheru,, However, expert CMY will have some expert opinion about it:)so iwill request him to please reply. Thanks

info replied on Thursday, May 7, 2015 07:14 PM PST 

Agreed and highest returns are when interest is lowest for no plausible reason.

curious to know replied on Thursday, May 7, 2015 07:43 PM PST 

Dear info share in detail your thoughts about phase 7 commercial 4 marla file.
Thanks in advance

curious to know replied on Thursday, May 7, 2015 08:51 PM PST 

Very very well summarized and balanced analysis. Thanks again

info replied on Thursday, May 7, 2015 09:59 PM PST 

Thanks curious to know. Its just that i don't know, maybe i am wrong or may be i am correct as only Allah knows the best but these are just the property cycles that i have seen. However, these market anomalies may take years to correct but then property is almost always a long term investment.

Arslan replied on Friday, May 8, 2015 04:04 PM PST 

Dear CMY,
Please share your thoughts on 4 marla commercial for phase 7 and how good is this option to keep for 2-4 years?
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(61885)
Thursday, May 7, 2015 05:07 PM PST 
dha gujrawala

hi,
Can we buy dha gujrawala like dha multan in lahore from LRE?

Khalid replied on Friday, May 8, 2015 01:14 PM PST 

I had bought
DHA Gujranwala file but I never visited Gujranwala. I bought from a dealer who brought the intimation letter to me in Lahore. I have been told now by DHA Gujranwala that my allocation letter is ready and I can collect it by visiting them in person. I shall do so some time this year.

Hope this gives a hint.
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(61884)
Thursday, May 7, 2015 05:01 PM PST 
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(61883)
Thursday, May 7, 2015 04:45 PM PST 

Dear CMY Sir! may Allah Bless you. You have narrated a very good example which is an eye opener for me. I do have plot in Phase 8 for investment purpose also.Now i will start acting upon your advice in coming days. may be approach you for specific advice in coming days. Thanks again

Regards
Bilal
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(61882)
Thursday, May 7, 2015 04:42 PM PST 
Anticpated price of 1 kanal Plot in Central park after a year?

Dear CMY Sahib/ Experts

With Due Respect

Few of my friends and myself bought 1 kanal plot in Central Park few months back in bracket of 39-41 lac. These are possession plots and ready for construction in Block A . What's your expert opinion about the anticipated price of 1 kanal in central park within a time limit of 1 year ? The dealers working in central park are very positive about the prospects but your true analysis and guidance help us to make a right decision.

Regards
Ahsan Ali

Habib replied on Thursday, May 7, 2015 06:23 PM PST 

Inshallh, in 40 Months you can gain 30 to 40 lac, in 12 Months I cant say

Ahsan replied on Thursday, May 7, 2015 06:51 PM PST 

Dear Respected Habib Sahib

Thanks, for your input and if possible , plz give few rationale reasons for increase.

jamz replied on Thursday, May 7, 2015 11:16 PM PST 

i think it can be 41-42 in a year.
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(61881)
Thursday, May 7, 2015 04:41 PM PST 

AOA HABIB SB
JUST FOLLOWING YOUR INDEPTH ANALYSIS OVER A PERIOD N THESE R V GD. I WANT YOUR VALUABLE ADVISE...SINCE I M SERVING I VE NO EXPERIENCE OF PROPERTY, I VE 1 K FILE IN PH 9 SHOULD I SELL IT NOW OR AFTER BALLOTT?. WILL IT BE POSSIBLE FOR ME TO SELL IT NOW AND BUY BACK AFTER 2-3 months after EARNING HANDSOME PROFIT? What is YOUR EXPECTATION OF RATES OF PH 9 AFTER 2-3 MONTHS PURLY BASED ON HISTORY OF DHA IN LHR AND PH 9 LOC/PROSPECTS?HOW MUCH I NEED TO PAY FOR NDC I VE ALREADY OBTAINED NOC.
THNX BHI IN ADVANCE JAZAKALLAH

Habib replied on Thursday, May 7, 2015 05:04 PM PST 

Dear Sir,
it is Better To Hold as you may not good price now or you may not be able to sell even, reason is the info we are getting that new transfers will not be entertained for Ballot, Just hold It, see the
Location you get.
In Next 8,9 years phase 9 will see many ups and Down, If Your Plot Location is Bad I would Advise ou to sell and Buy one in DHA 7 in Good Location. Once Houses are made there Price will come up and you can switch to better Location in DHA 9.

As I highlighted earlier that people are being fooled by daily changing rates in files, Other wise they will never ask to hold for Month then sell and then Buy again, realestae is patient game.

Sara replied on Thursday, May 7, 2015 05:12 PM PST 

Habib Sb I need your advise also. I have RS 30 lakh and want to buy a plot and construct a house later. Can you please guide me in detail what are your recommendations. please
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(61880)
Thursday, May 7, 2015 04:39 PM PST 
DHA phase 9

Dear CMY,

we do understand business always like that, can give maximum or minimum returns. Now scenario is little bit different than your previous prediction about prices due to DHA last advertisement that after 30th April's file transfers will not be included in the held ballot 15th May. Earlier your estimation was about 5 marla file before ballot around 30 to 32. Now in your last post it was about 26 to 28.
1. what you expect after ballot 5 marla where that will be standing now for good or bad location.

2. after 30th April files transferred, where price will stand for.


your reply always appreciable.

CMY replied on Thursday, May 7, 2015 04:47 PM PST 

Shahid sahib you are reading it wrong. I still see bad locations at 30 to 32 lacs but worst location like facing grave yard or nala at 26 to28 lacs.

Please note the difference between bad and worst. Facing commercial overhead tank near boundary are called bad location. Facing grave yard or facing Hudaira drain location cant be same as bad location and should be called worst possible locations.


I will not mind if I am wrong because you dont know when I gave these figure
prices were many lacs lower and every one was confused how much files were going to fall from those many lacs lower amounts.

Shahid replied on Thursday, May 7, 2015 04:53 PM PST 

Dear CMY,

it means, still prediction for the good
location plot will be around 40 to 42 and for bad locations 30 to 32 lacs?

thx for your response.......

CMY replied on Thursday, May 7, 2015 05:00 PM PST 

Yes my friend, Lets see. May 15 is not that far.

Shahid replied on Thursday, May 7, 2015 05:05 PM PST 

Dear CMY,

thx a lot for your feedback, in fact in my above question i was talking about file rates prediction before ballot instead the plot rates after ballot. your answer was based on plot
prices after ballot.
small confusion never mind.
stay blessed and happy.......
now i got my answer, Rest Allah knows better.........

abbasnaqvi replied on Thursday, May 7, 2015 05:15 PM PST 

If I buy file before balloting at 24 I can assume that I buy at 24+7=31 lack and if I got even bad
location it make no harm to me but if I got good location then I got some profit of 6 to 8 lack and if I got worst location I will lose 2 to 3 lack? Am I write in understanding current situation?

xyz replied on Thursday, May 7, 2015 05:34 PM PST 

Abbasnaqvi and shahid bhai

The question is that after balloting where the price will be stand of 5M. is this range of
prices 30 to 32 and 40 to 42 after balloting or after three years.

Shahzad Riaz (USA) replied on Thursday, May 7, 2015 05:48 PM PST 

Dear CMY Sb,
I am in USA. I had bought a plot in Ph-5 M block almost 1 year ago @ 90 lacs (near No. 642)...Any idea what its price would be now?
Do you recommend holding it or selling it to buy 2-3
files of DHA Multan or DHA Gujranwala?

Regards,
Shahzad (texas)

ahmed naeem replied on Thursday, May 7, 2015 05:57 PM PST 

Best of the best price to buy before ballot is 21-22 lack 5 Marla
regard less of whatever
location after balloting you got plot.

Zeeshan Malik replied on Thursday, May 7, 2015 06:04 PM PST 

Dear CMY, Plz tell me where do u see 1 kanal lowest rate after ballot ..

Shahid replied on Thursday, May 7, 2015 06:44 PM PST 

Dear XYZ and All,

don't get confuse, respected CMY, always confirm the price prediction without development charges, it means in all cases no chance for lose but much more chances for small or big profit.
now a days DHA town 5 marla file is being sold @ 35.25. just imagine still that is file not the plot.

Second thing, earlier balloted
prices never become same that balloted later on. Same like DHA town Block ABCD prices with always be different then the prices for DHA 9 town extension.

it means DHA phase 9 may 15 balloted prices will not be the same for remaining files which will be balloted later on.
Stay confirmed, i hope will be the best option
Rest Allah Knows better........

Shahid replied on Thursday, May 7, 2015 06:46 PM PST 

prediction about
prices are after ballot not after three years.
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(61879)
Thursday, May 7, 2015 04:06 PM PST 

Dear CMY sb
Anyother good Commercial option available in this or unto 150 Budget with time frame of 2 years for max gain?

Awaiting usual healthy response.

Regards,
KAKAR
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(61877)
Thursday, May 7, 2015 03:52 PM PST 
DHA TOWN

Guys....,when the dust of Phase 9 balloting will be over..., then the next turn will be for DHA Town plot holders..., Possession is near, most probably at the end of June...,

do u agree?

A.Akram replied on Thursday, May 7, 2015 03:59 PM PST 

100% Agreed
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(61876)
Thursday, May 7, 2015 03:41 PM PST 
IEP Town Sector B

Dear Sir CMY,

I hope you are in good health. My query is a bit different from current hot topics as I want to ask about current status and future of IEP Town Sector B, specifically their 2 Kanal Plots. I have a two Kanal plot over there. Should I sell it and invest somewhere else? And what shall be expected selling price? Moreover, will it be better to convert it in 1 Kanal plots and sell separately.

Looking forward to your kind guidance at earliest.

syed shoaib replied on Thursday, May 7, 2015 03:53 PM PST 

no kanal is less than 100 there many houses started even this month , just few plots left out of 300 app , iep now engineers town and this year they banned to convert 2 kanal into 1 kanal each , society management is excellent here now ro plant , fountains installed soon zee grill of valencia is shifting to its club , and security with in security , in wapda town every street now have gated hurdle but iep is one gem , they already sold their commercial plots in sector b , for your info due to lot of traffic on wapda town round about on pia main boulvard wapda town main bulverad now can be used as semi commercial , people making lot of commercial shops ,
prices increasing in this area , no issue in society for living only problem iss from eagle eye view that one gate is opening in punjab phase 2 and other in wapda town but for living its one gem , recently people from eme phase 1 lso shifted here andliking it much . your plot is not less than 200 lacs in any case.

syed shoaib replied on Thursday, May 7, 2015 04:10 PM PST 

i am sure they baneed 2 kanal division in iep sector a but not sure implemented here too because few homes in construction stage which are divided 2 kanal into pne kanal plot . hope my reply help u a bit .

M.A.K replied on Thursday, May 7, 2015 06:27 PM PST 

Thank you syed shoaib. I would love some more input from other respectable members as well, and specially from Sir CMY.

syed shoaib replied on Thursday, May 7, 2015 07:55 PM PST 

I spent time in many societies lahore is pack with relatives , abdalian , pcsir , dha phase 5 ,askari 10,11 etc but i love sector b iep , full of engineers doctors , bussinessman , educated posh area , gather on funreal and eid , walled society , after that i liked abdalian , other socities have edge of main roads approach but i conside sector b still underprice , u have some fruit left of kanal in abdalian is 250 here must be 200 soon so even luxury tax of 2 kanal wont keep it away to be over is now its rate . Jazak Allah khair
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(61875)
Thursday, May 7, 2015 03:37 PM PST 

Dear CMY when you posted the news of express way lahore-sialkot You said that phase 7 commercial file holder and z-2 plot holders will be biggest winners at the end. Now today just red you comment that you withdraw from phase 7 commercial because you are not happy any more due. Plz guide is somr thing went wrong with phase 7 comm. Files now thanks
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(61874)
Thursday, May 7, 2015 03:34 PM PST 

Dear Sir
please advise the current price of Bahria town Tulip Ext plot # 327/6.i want to sell this if the price is suitable.
Further Is LRR is touching Tulip Ext Area over allocated plots.
Regards

Zahid
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(61872)
Thursday, May 7, 2015 03:16 PM PST 
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(61870)
Thursday, May 7, 2015 02:44 PM PST 
Not Sure, why my questions are unanswered...

Dear CMY,

What would be the future of those affidavit files which are bought in May 2015? When would be the next balloting for those phase 9 files?

Regards,
Mohsin

CMY replied on Thursday, May 7, 2015 02:57 PM PST 

Mohsin bhai my apology I did miss your multiple request here.

These
files will be balloted latter on. It could take weeks or It could take years.

In past once a major ballot is done in a phase all files that are allotted AFTER MAJOR BALLOT are allotted in on going mini ballots for that phase. Old practice was to hold a mini ballot when DHA had 100 new files in that phase after major ballot. Looking at 40000 kanal I dont know how many files be made every month. May be DHA will hold min ballot at every 100 or 500 or 1000 marks I cant say for sure.

Mini ballot could be held soon if lot of files are left out of current major ballot.


You should keep in mind next major ballot will be held under watch of corp Cmdr Lahore and in front of 2000 people in a hall but on going mini ballots are held with supervision of 2 3 department heads Like transfer and land branch heads etc.



Once again its my fault and I am sorry


Choudry Mujahid Yasin ( CMY )

Khurram Javaid replied on Thursday, May 7, 2015 04:19 PM PST 

Dear CMY,
I submitted my ballot check request yesterday and am still waiting for it.

Regards

Mohsin replied on Thursday, May 7, 2015 05:03 PM PST 

Thank you CMY
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(61869)
Thursday, May 7, 2015 02:32 PM PST 
URGENT ADVISE NEEDED FROM CMY BHAI

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
LAHORE
DHA
PHASE 8
Y
236
8 marla
Dear Mujahid bhai, can you advise me quickly one of my relative is offer me his above mentioned plot for 65 lac which he has an offer. is it good buy for future? this plot is in the round about 100' road back 2 sides open. I have to reply him today. please guide me. May Allah bless you always.

CMY replied on Thursday, May 7, 2015 03:08 PM PST 

Ehsan bhai DHA is filling that too deep land. You must visit this area personally.

Unless you are settling some loan payments I dont think its a wise move.

ehsan replied on Thursday, May 7, 2015 03:26 PM PST 

thank you sir
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(61868)
Thursday, May 7, 2015 02:29 PM PST 

please advise the current price of Bahria town Tulip Ext plot # 327/6.
Further Is LRR is touching Tulip Ext Area over allocated plots
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(61867)
Thursday, May 7, 2015 02:08 PM PST 
advise needed urgent cmy

urgent info and advice needed cmy 1.as you know ndc expires for non possession plots in 90 days ,what if i apply now but do not sale in 90 days , can i able to apply ndc again any time ? 2. i have 5 marla phase 9 file and i have holding power of year maximum may be 6 months as i have to go for pursuing my ms in engineering abroad , is it wise to go for balloting on 15 may ? and if i have chance to sale it in 30 plus before balloting should i buy kanal in dha multan for one year or hold 5 marla phase 9 for one year , which is better investment option considering good location and bad location plot luck in mind ??

CMY replied on Thursday, May 7, 2015 02:12 PM PST 

You can apply NDC as many times you want after each time it expires. No sale is required. You don't have to sell property.

CMY replied on Thursday, May 7, 2015 02:16 PM PST 

Before ballot 28 lacs for 5 Marla very possible BUTTTTTTTT 30 is not likely.

Moizuddin replied on Thursday, May 7, 2015 02:23 PM PST 

Dear CMY,

I have one file of kanal in phase 9, please advise me the expected price and best level to sell because I don't want to go in ballot

Regards

CMY replied on Thursday, May 7, 2015 02:27 PM PST 

It that was my file I would wait for it to get back to 62.85 Lacs till Monday open. If not back there sell it at close at going price.

dont wait for 63. Never go with round figures. Stay 10000 below for buying or selling

syed shoaib replied on Thursday, May 7, 2015 03:33 PM PST 

ok forget 30 figure cmy i can add 3,4 lac in 28 for
dha multan , main thing is as you know education is expensive in first world countries i need 45 to 50 lacs , do you see phase 9 5 marla holding for a year better option or dha multan 1 kanal in next 12 month time ? just a better advise i need from only you rest on ALLAH and luck , no worries .

syed shoaib replied on Thursday, May 7, 2015 04:55 PM PST 

cmy u there ??
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