Lahore Real Estate Forum

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(61894)
Thursday, May 7, 2015 06:47 PM PST 
Special thanks to Mr. CMY

Me and my sister are a regular visitor of this forum. I remember selling my property in Bahria Islamabad and purchasing 5 one kanal files in Phase 9 a few years ago. Costed me less than 100lakh at that time. Now I am hoping all my 5 files hit the 100 lakh mark! ..fingers crossed :)..

This is all due to Mr. CMYs advice I took when i was a total Anarri in property. I personally have never dealt with LRE but they will be my official agents from now on.

Thanks Mr. CMY. And a special thanks from my sister too. She bought a Phase 9 10 marla file in May 2013 right before the elections for 23.5. She bought it because she thought Imran Khan will win the elections which will bring stability to the country's economy. Na Imran aaya, na stability, magar General Raheel zaroor aye. Thanks to him DHA is progressing well Alhumdulillah.

Best regards,

Ahmet

:pkf

Ahmad Ali replied on Thursday, May 7, 2015 07:36 PM PST 

You have taken the risk in file business and MashAllah Allah given you good reward.In which year you purchased those
files?

Rahza replied on Thursday, May 7, 2015 08:02 PM PST 

mojaain lg gaaieenn :D

Ahmet replied on Thursday, May 7, 2015 08:44 PM PST 

Thanks.

I bought these 5
files in October 2011 meaning almost 3 1/2 years ago. I was checking the documents. The price I paid was 18.5 per file not including transaction related expenses.

I will be keeping all these files after the ballot and dont plan to sell anything.

MMD replied on Thursday, May 7, 2015 08:56 PM PST 

I think it was the best time to buy it.... i bought it 2 years later and its price was around 48 lac.

Habib replied on Thursday, May 7, 2015 09:07 PM PST 

I agree to All Your Points except " na stability " Pakistan is enjoying best economic indicators in Last 12 years, Dont Become hostage to some biased TV Channels whose job is to create Disatisfaction and earn few Bucks , For My Child's exam I Pulled out TV Cabel, Believe me if you over see the news nothing bad is happening, Pakistan is On Right Track after a long time

http://www.adb.org/countries/pakistan/economy

Source asian development Bank

wajid replied on Thursday, May 7, 2015 09:18 PM PST 

All Pakistani news channels are bunch of jokers. They make anyone hero or zero in minute without realizing what consequences their action would bring. They are unstopable. If you want to stay heatly, do not watch them.

SalmanKhan2015 replied on Thursday, May 7, 2015 09:42 PM PST 

Ahmet

that was a leap of faith that you took. I could not take it and diverted my funds somewhere else :)

Ibrahimdxb replied on Thursday, May 7, 2015 10:07 PM PST 

On the advise of CMY I bought 1k file @14 in 2010 through LRE and sold last year@49 and then buy some commercial property in Johar Town. Thanks for his advice.

Aslam replied on Friday, May 8, 2015 02:49 AM PST 

@Ahmet

You should be thankful to Pakistan which gave you so much huge profits. Will you be able to get such huge profits in your DEVELOPED countries?
The issues that you are pointing out are temporary and will be solved soon. May be we are not able to see this miracle but our next generations will see it.

Ahmeg replied on Friday, May 8, 2015 03:10 AM PST 

@Aslam,

bhai whatever. this thread was to thank cmy saahab. Not creating sand castles.

HHH replied on Friday, May 8, 2015 03:53 AM PST 

@Ahmet
I wonder why you use the term 'Paki'. Do you not know that its used in a derogatory manner. Its racist and insulting. But may be you have become used to it and hence sensitized to it.
Your description of Pakistan may be partially true but it is one-sided and smells of arrogance. You might be living abroad, as many of us are, but you still must have your relatives here. It is highly probable that your parents have spent their lives here. You might like to pretend to yourself that you are better than those who are living in Pakistan, but you are not. You think you are too good for Pakistan. That's good, because stay away. You are not cool, you are simply an ill-conceited fool.

Ahmet replied on Friday, May 8, 2015 06:47 AM PST 

HHH, Thanks for the compliments. My wife is an American National but I never applied for the passport as I never wanted to lose my identity. Paki is a derogatory term in the UK. Everywhere else, it isn't.
Anyway, mind your business and stop judging people. Let God be our judge.

IbrahimDXB replied on Friday, May 8, 2015 11:40 PM PST 

Mr. HHH your comments are not appropriable. we can not evaluate others on our own feeling...every body have their own point of view and we should not took as personal level which hearts others. thanks for understanding regards.
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(61893)
Thursday, May 7, 2015 06:38 PM PST 

dear sir
I have one file in Dha phase 9 5 Marla
Can you tell me what is the future of file as I heard balloting on 15th of May
So how much price this file will gain

Rahza replied on Thursday, May 7, 2015 07:54 PM PST 

i have also 1 phase 9 marla....well it depends upon the
location of the plot...good location...then good gain....
i am hoping to get 40 Lac :/
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(61892)
Thursday, May 7, 2015 06:27 PM PST 

Dear LRE,

I have 4 files 1 Kanal each in Prism 9, need may be 1 to build house in future. Need your advice on below:

Is it allowed by DHA if i would get a pair and build a house on 2 kanal? or do they have any restriction to build house on 1 Kanal only.

What do you think if after bellot, i sell 3 plots and buy one 8 marla commercial.

What do you think is the best choice to gain more. Keeping 4 residential plots or 1 residential and 1 - 8 marla comm in Prism 9?

Thanks & regards,
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(61891)
Thursday, May 7, 2015 06:13 PM PST 
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(61890)
Thursday, May 7, 2015 05:56 PM PST 

Please evaluate current rate of dha phase 8 corner near v278 thanks

Lahore Real Estate replied on Thursday, May 7, 2015 07:11 PM PST 

Dear Sir,
the current market value of V 278 around 135 Lacs

Mian Rashid
Lahore Real Estate
+923028409967
Email:INFO@LREPK.Com
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(61887)
Thursday, May 7, 2015 05:25 PM PST 
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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 
>
(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.
>
(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
>
(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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