Lahore Real Estate Forum

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(61852)
Thursday, May 7, 2015 03:53 AM 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

CMY replied on Thursday, May 7, 2015 09:46 AM PST 

K NOOR sahib Now its better to wait. After Saturday close I expect price may improve. If it dont hold file to sell after ballot.
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(61851)
Thursday, May 7, 2015 03:33 AM PST 
Commercial Plot

Dear Expert,I want to know about commercial plot within 80 lac range having potential for future and having holding power of about 2 years.Please suggest some society on Riwand side or on canal side.

Jameel bahi i am expecting ans from u.
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(61850)
Thursday, May 7, 2015 03:31 AM PST 

Dear CMY sb, Shall appreciate your attention to guide me on phase 8 commercial 4 M. Where you see it after three years from value and development perspective. Thank you and Jazzak Allah khair

CMY replied on Thursday, May 7, 2015 09:50 AM PST 

Syed sahib
DHA Lahore phase 8 development work pace have picked up. after 12 to 18 months possession will be given. When house building will start It could gain a lot. 3 years 50% to 75% gain is very likely from today's prices here.
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(61849)
Thursday, May 7, 2015 02:24 AM PST 

Dear CMY

Pls tell us what will be the procedure to be adopted by Dha for 2 kanal plots because neither it is discussed before on this form nor Anyone has asked u about this
Pls do reply
Thanks in advance

M.Ali replied on Thursday, May 7, 2015 02:46 AM PST 

CMY sahab I also want to ask you the same question that will there be any 2 kanal residential plots for sale in Phase 9 like and if so how can we buy them? Thanks

IMRAN Imtiaz replied on Thursday, May 7, 2015 02:47 AM PST 

I mean to say what is the procedure to buy a 2 kanal plot in Phase 9 after balloting

CMY replied on Thursday, May 7, 2015 04:17 AM PST 

2 kanal
files could be 50% less profitable for land owners than having 8 files of 5 marla so no body wants them.

We have to find pairs or make pairs in market from plots for sale after ballot.

Lahore Real Estate is best prepared estate technology wise to make pairs for sellers to give them best price for each individual seller of each plot in these possible pairs.

Buyers will have best chance to buy pairs by comming directly to us and save their time and that could go to middle men.

Choudry Mujahid Yasin ( CMY )

Sheru replied on Thursday, May 7, 2015 03:13 PM PST 

Respected CMY sb,

I have requested this info earlier but I appreciate you have been very busy and overwhelmed with so many questions here.

Regarding the 2 kanal query above, I have read this on this platform before in some posts about phase 7 2xkanal plots being very underpriced. I do not have plans to construct immediately (not before 4 years atleast) and I have one kanal plot in phase 6, which I can sell and buy 2xkanal in phase 7 in order to construct home on it later. The price is almost the same with just a very small or no difference.

Do you think this will be a good decision? I am quite tempted as this gives me double the amount of space just a few minutes ahead of where my current one kanal plot is. Also, given that most new phases have very limited 2 kanal plots (i.e. some in phase 8 and none in phase 9) also indicates that 2 kanal plots may become a rare thing in the next few years.

Although, I will eventually construct but just in case, do you think in case I change my mind later and want to sell, I will make some gain on phase 7 2xkanal plot? If so, how much do you expect in 5 years for a 2xkanal plot that will cost me around 185 to 190 lacs now?

I will be indebted for your response just once, please!
>
(61848)
Thursday, May 7, 2015 01:24 AM PST 
please evaluate current price on cost of land

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Cur. Rate
lahore
nfc
phase 2
h
344
5
40
evaluate current price on cost of land

syed shoaib replied on Thursday, May 7, 2015 05:01 AM PST 

any expert of nfc phase 2 ??
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(61847)
Thursday, May 7, 2015 01:09 AM PST 

I want to buy Phase-9 Prism 10 Marla File which would be included in the ballot on 15th May.

I heard that once you call any dealer for a file he would say that yes it is available and mention a rate but the moment you go to him to buy it, he would say now the price has increased by X amount. Is that true?
Is it the case with LRE too :h

Comments from CMY/Adil Saeed would be highly appreciated.

MSN

Navid replied on Thursday, May 7, 2015 02:57 AM PST 

Yes...when u go to buy , they say price increased by X amount.
when u go to sell, they say price decreased by X amount.
It is called demand and supply, that may change with the appearance of even one buyer/seller.
>
(61846)
Thursday, May 7, 2015 12:32 AM PST 
Phase 9 - Rate and Commission

Ad Type
City
Scheme
Phase
Size
Wanted
Lahore
DHA
Phase9
1K
Looking for 1k in prism 9. What is closing rate today?
Also, how much commission I have to pay LRE, beside the misc DHA fees/charges.

nadeem replied on Friday, May 8, 2015 01:33 AM PST 

its available with me. plz call at
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(61845)
Thursday, May 7, 2015 12:27 AM PST 
SOME QUESTIONS

DEAR BROTHER CMY

HOW ARE YOU? HOW IS LAKE MICHIGAN? HOW FAR ARE YOU FROM LAKE?
PLEASE SEE MY HUMBLE QUESTIONS AS FOLLOWS:
1) WHAT IS THE DIFFERENCE BETWEEN "AM/9X/ABCD" [REFRENCE #] AND "9X/OL/00ABCD" [PLOT / HOUSE #]?
2) "ASSOCIATE MEMBERSHIP" IS AS SAME AS MEMBERSHIP? SINCE I HAVE BANK CHALN AS MENTIONED "ASSOCIATE MEMBERSHIP FEE"
>
(61844)
Thursday, May 7, 2015 12:22 AM PST 
Property info

DEAR PROPERTY EXPERTS,

I would like to ask for you kind guidlines for investment of 10 Millions in DHA.Plz advise where i should invest for next 3-5 years.Thx

q replied on Thursday, May 7, 2015 12:39 AM PST 

Dha Rehbar

zaeem Ishtaiq replied on Thursday, May 7, 2015 02:17 AM PST 

Jameel bahi i have heard that there there is some land issue in suigas phase 2.As land is not cleared so it is advised to go for procession plots.

LDA AVENUE 1 is also good option
1 kanal range from 70 to 90 avg
location.
10 marla 35 to 55 lac

Jameel replied on Thursday, May 7, 2015 02:39 AM PST 

Yes You are right, In Sui gas 2 there are few pockets Not Clear Till now, But on Ground Plots are Good If You find Old Map of Suigas 2 somewhere in LRE site you will see Shaded parts, 90% of them have been Clear till Today. Good Thing is sui gas Society is clearly telling before Purchase and allowing at time only clear land and with Possession, One Of friend here in Forum Could Not Complete the Purchase Just because of 4 week Site plan / NOC issuance time By Sui gas, Site Plan issued means Land acquired and Possession is available Only go for Such Plots.
LDA venue 1 is Very good project now Most of the Problems Fixed Price also came abou 20% lower than last year, but I think It will not Grow in 3,4 ys time scale and there are few qabza issues. People make Juggi on your Land or start Nursery or Building Material Business and each time you come to them they will say we will go when You will Build, they watch the weakness of the party. Overseas gentleman is best for them, they exploit you. 2 examples of My close friends, Both in LDA area in one Plot Gujjar made Juggi, in other Building Material business set up, Both of My friends had very well connected Political Back ground, they could vacate them but had to make Houses on plots, Now they are thinking what to do with these houses. I never heard these things in regulated societies,

zaeem Ishtaiq replied on Thursday, May 7, 2015 03:25 AM PST 

Jameel bahi i agree with this what you say about LDA Avenue but the point is that it has much more potential in near future as its approach is excellent.

Jameel bahi what is the development status in Sui Gas phase 2 and whats about commercial plot?

Jameel replied on Thursday, May 7, 2015 03:29 AM PST 

Commercial no idea, Block A and B Possession is available

mobin replied on Tuesday, May 12, 2015 03:15 PM PST 

i have one kanal plot 503 C-Block at LDA Avenue 1 Lahore, extra land (paid), NOC+Possession obtained. iam allottee and want to sell out, any body want please call . plot is at the back of 100 ft road and direct approch from 150ft main road (fifth from the 150 road)
>
(61843)
Thursday, May 7, 2015 12:07 AM PST 

Sir I want know Dha prism 9 and dha 9 same.

CMY replied on Thursday, May 7, 2015 12:14 AM PST 

New name for DHA9 proper is DHA9 Prism

Khurram replied on Thursday, May 7, 2015 03:20 AM PST 

Dear CMY and LRE
team,
If we sell a plot/file in DHA within 2 years time, what kind of Tax is applied on seller and how much it is for 10 marla file of Phase 8-Z?
Regards,

CMY replied on Thursday, May 7, 2015 01:33 PM PST 

I am not good with texes :)

Any tax experts here to help me Khurram sahib.
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(61842)
Wednesday, May 6, 2015 11:52 PM PST 
Phase 8, Broadway Commercial, 4 Marla,

Dear CMY,
What are the future prospects of 4 Marla commercial plot, broad way, phase 8 within a scenario of 3 years in terms of price appreciation and development.
Regards,
Mumtaz
>
(61841)
Wednesday, May 6, 2015 11:17 PM PST 

ASSALAM O ALAIKUM ! sir what is current rate of dha phase 9 file 5marla ? & is it gud to sell 5 marla file right now before balloting or it will give me some handsome amount after balloting ?

CMY replied on Wednesday, May 6, 2015 11:47 PM PST 

If you want to buy this 5 marla for 3 to 5 years you must do it in next 3 days by Saturday.

After date
files of 5 marla may be to short again. Its not under pressure like DHA9 kanal. Can go back up to 27+ in next 2 or 3 days

Kanal may see some pressure for 2 days only but will also recover next week now and settle at 63 lacs before ballot.

DHA may make announcement in weekend papers that all files issued till May 14 will be included in ballot.


If long term buying buy your file get it transferred and forget about temp WILD MOVES most created by a small group of setteybaz cell phonen only/no office type non registered dealers.

Rahim Ali replied on Thursday, May 7, 2015 12:01 AM PST 

Respected CMY,
Please givr some idea about dha rahbar phase 5 marla file. As I have one 5 marla file that worth 18 lac should I hold it or shoul move towards any deal?

CMY replied on Thursday, May 7, 2015 11:30 AM PST 

Its safe to keep. May give you some return soon too when LRR southern loop start. Other place have more and faster returns.

Choudry Mujahid Yasin ( CMY )
>
(61840)
Wednesday, May 6, 2015 11:10 PM PST 

Is there will be any rebate if some one pays development charges lump sump at once right after ballot. I.e 10-15 % ?

CMY replied on Wednesday, May 6, 2015 11:20 PM PST 

Most likely yes but Its announced when DHA makes development charges announcement.

Especially with DHA9 fast track development contract DHA will need development charges funds as fast as possible.


Fast track development means development company will have its staff its staff working in 3 shifts 7 days a week.

I will be surprised if we get DHA9 in 3 years. I will be 100% satisfied even if they do it in 5 years.

kmc replied on Wednesday, May 6, 2015 11:25 PM PST 

For God sake. Look at phase 7 and 8.why fast track for phase 9 just to please file holders. Have a heart. Please account for ground realities. If they atart by 2017 and finish by 2022.it will be a miracle

CMY replied on Wednesday, May 6, 2015 11:33 PM PST 

KMC sahib 3 years ago an overhead bridge was taking 3 years to build. Now days they complete in 3 months with use of tons of machinery now available in Pakistan.

I am not trying to please DHA 9 file holders.
DHA Lahore is trying to do this.

Open this link of DHA official web site
http://dhalahore.org/themes/dha/Press-Gallery/ph-IX-Ballot.pdf

Zoom in on blue area and read 2nd line that says Fast Track Development work. You may need reading glasses to see it and also may have to open your mind with your eyes at same time:) Because your mind set is stuck at past 10 years when you say year 2022. It should look for next 10 years in my opinion.

Choudry Mujahid Yasin ( CMY )

upfront replied on Wednesday, May 6, 2015 11:33 PM PST 

Thanks CMY
@ KMC brother it is written in every advertisement by DHA that there will be fast track development CMY is telling nothing that is self created.
Secondly do no compare phase 7 and 8 development pace with 9. Dha is compensating phase 9 holders who hold it for 12 long years by developing it on fast track

upfront replied on Wednesday, May 6, 2015 11:40 PM PST 

All the very best all phase 9 holders May Allah be with you All

AH replied on Wednesday, May 6, 2015 11:48 PM PST 

Dear CMY. I remeber your analysis during IK Dharna in ISB. You told it is going to settle and we all witness that same happend. Political situation has great impact on real estate. But people also move money out from Stock and put in property. Plz let us know current situation after q25 N

CMY replied on Wednesday, May 6, 2015 11:59 PM PST 

I am a diehard fan of Imran Khan and creator of most popular terms like Mother of PTI for Fauzia Qasori and #PTIFamily so my opinion will be biased for any political discussion here:)

I wanna leave politics out of here on this real estate discussion forum and will discuss politics . We can talk about politics on my twitter accounts >>>>>>>> @PTIFamily I dont use this one more often >>>> @Choudrymyasin

https://twitter.com/ptifamily

Ahsan replied on Thursday, May 7, 2015 12:07 AM PST 

hahhahaha
Good to hear that you are imran supporter

kmc replied on Thursday, May 7, 2015 12:23 AM PST 

I will be very happy if done earlier. But require either malik riaz or shahbaz sharif. I know dha administration have their l8nitations with money as,well as other hurdles

CMY replied on Thursday, May 7, 2015 12:27 AM PST 

Dear friend kmc may be they can make more money for them self by speeding up its development work. If I was them I will take this route as It will generate me more money in less time.

info replied on Thursday, May 7, 2015 12:33 AM PST 

Agreed with kmc as most of the delay is not because of technology but because of processes, finances and land issues. These issues remain the same for phase 9 if not worse so i don't see any "fast track" development for phase 9 just for the heck of it.

But kmc rationale thinking is just not the point in this euphoria and no dealers would tell you more than 2 to 3 years time line so lets agree that in 6 months phase 9 will be handed over and if malik riaz steps in, it may take 2 months then.

MSN from KSA replied on Thursday, May 7, 2015 12:50 AM PST 

@CMY I am following it on twitter but didn't know it is yours.

I have 4.5M to invest, what would you suggest for investment? Ph 9 10M file or any other option?

kmc replied on Thursday, May 7, 2015 02:04 AM PST 

People are not prepared to listen anything negative about phase9. If shahbaz sharif or malik riaz intervenes it can be done in 3 years.

shami replied on Thursday, May 7, 2015 02:36 AM PST 

kmc just like malik riaz built taj mahal in bt orchard lahore and bt phase 9 pindi or dha Valley in islamabad?

Jameel replied on Thursday, May 7, 2015 02:57 AM PST 

Commenting upon development work speed, The Only Issue is to clear the Pockets [ un Acquired Land pockets] DHA would Love to do it is 3 year , more delay means more cost for the you will pay the same.
DHa 6 , 7 they gave nery nice map initially, Could clear Some pockets Could Not Clear some , map changed 3 Times Main roads Blocked , Barki access point Blocked many other Changes Now Things materlized about 9 years after, see ist and Last Map.
in phase 8, they Told we will only Include in the map acquired Land, Too Much "Kata Phat" map, showing Pockets and Lot of Criticism that lket to 25% Price reduction after ballot, still many roads are blocked Because of Pockets.
i have Personal experience of plot near a pocket, For DHA the only Tool is delay or time which Kneel Down Black mailer, DHA did Not
contact the owner of Pocket, First he was Coming there daily in evening with Gunman i met him once he was asking 8 cror for 8 kanal, [At that time Price of Plot was only 50 lac and of course he could only Claim 1/3 of that, but as he was Blocking main road he continued. , When 2 years passed he stopped Coming and only Gunman was there, after another 3 years there was no one the encroachment [ the owner could not bear the cost of ckokidar gunman etc] 5th year i heard that negotiations done and Pocket cleared. This Man had only Qabza Jaddi Pushti of Land and there were no legal papers with him I don't know what was final deal.
So mostly things clear but take time. My estimate for DHA 9 Possession is 7,8 years.

bahi replied on Thursday, May 7, 2015 12:31 PM PST 

Jameel sb,

true statement
>
(61839)
Wednesday, May 6, 2015 11:10 PM PST 
A lot of correction near day close.

As I expected looking at number of NDC Its was going to be a tough day.Here it is. A lot of correction near day close.

Sellers at this price.
1-Kanal= 62 Lacs (Currently 30% buyers and 70% sellers in market)
10-Marla= 42 Lacs (Currently 30% buyers and 70% sellers in market)
5-Marla= 25 Lacs (Currently 45% buyers in and 55% sellers in market)

4-Marla-Comm=215
8-Marla-Comm=345

Tough two days. Last week before may not be as bad now. All the cleaning of files from market will be done by Monday open. This is my GUESS for only for next 3 days trading. Too many people keep asking here whet will happen tomorrow. This is for them. Not possible to time each files exact movement 100% accurately as buyers sellers ration change too fast.


I am just talking DHA9 DHA9 and DHA9 only because that's the place where 90% things are happening. Every phase has its time. Now is the time for talk of DHA9 ups and downs. Good or bad etc


After ballot things will stay cool and I still think price ranges or good and best plots and bad plus worst plots will be very close to my post ballot estimates I posted here 3 to 4 weeks ago.

Now things you wont ever know in public. But i promised you will know what I knew :)

DHA Lahore its self purchased lots of files yesterday for one Kanal near or above 63 lacs. Either they are tight with available land in DHA9. Or planning to launch apartments or houses on that land for files they are purchasing now to sell 20 lacs higher than 63 lacs.


I am keep praying ballot is fair one. We all should. I must say also Ivy Green most recent ballot was good.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

Z.F replied on Thursday, May 7, 2015 02:07 AM PST 

Selling pressure is bit surprising for me coz i dont see anything bad in phase 9 Prism.

Z.F replied on Thursday, May 7, 2015 02:11 AM PST 

i am very sure ph9
prices will rise again in a short period( in 2 months).

zaeem Ishtaiq replied on Thursday, May 7, 2015 02:27 AM PST 

In next coming days price will increase due to ballot and my expection is that price will remain between 27 to 29 lac for 5 marla but after ballot
prices will stop for few months reasons.
1.More seller in market after ballot as bad location plots will sell.
2.Ramzan factor,Usually market is very slow in Ramzan but after eid may be it will increase.
3.Summer factor,In JULY,Aug,Sep market is slow due to hot weather but after Bari Eid market will again shoot up.

Khurram replied on Thursday, May 7, 2015 03:18 AM PST 

Dear CMY and LRE
team,
If we sell a plot/file in DHA within 2 years time, what kind of Tax is applied on seller and how much it is for 10 marla file of Phase 8-Z?
Regards,
>
(61838)
Wednesday, May 6, 2015 10:56 PM PST 

What is about DHA Rehbar.Defence road is widening. LRR SL also passes through its back.Prices are still less then Dha town.It is developed scheme. Can or any other property expert or CMY add input for its investment

pervez replied on Wednesday, May 6, 2015 11:04 PM PST 

Dha Rehbar phase 2 ,5 marla.ready to build.what about its investment. Are LRS personal also about Dha Rehbar. Pl
update its prices

Musa replied on Wednesday, May 6, 2015 11:33 PM PST 

Bro don't compare Dha 9 town with Dha Rahber. 9 town
location and surrounding you can not ever compare with Rahber. Just wait and see 9 town prices shooting up by mid of June as possession by 30th June 2015 as per Dha administrator. 9 town on one side ph 6 other side Askari 11 next to it ph 9 prisim. 5 mins drive you on LRR and in ph 5. I hope this answer your question.

Rahim Ali replied on Wednesday, May 6, 2015 11:57 PM PST 

Brother its depends on ur budget. If you have 2.0 million then u can purchase 5 marla file in dha rahbar phase 2 extension as its
prices will increase with time also its balloting is expected by the end of this year.
>
(61837)
Wednesday, May 6, 2015 10:26 PM PST 

Dear LHR Team.

Please update phase 9 closing rates today.

Kind Regards
>
(61836)
Wednesday, May 6, 2015 10:21 PM PST 

what is DHA pahse-9 file rate of today? :h
>
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