Lahore Real Estate Forum

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(61418)
Tuesday, April 28, 2015 03:30 PM PST 

I just want to share a good news with all the Lahories that Lahore is going to have a Kidney & Liver transplant hospital & research center soon. It is a big news and many people will for sure get benefit from it.

Since it is a property discussion blog, so in that perspective it is also a good news particularly for investors/plot owners in DHA 7. This PKLI & RC is going to be constructed within Lahore Knowledge Park. There are no physical activities for LKP as yet, but as per the following news, published in DAWN, PKLI&RC construction is going to start very soon.

This news will really have a big impact on phase 7 in terms of house construction or plot prices.

Good luck to all.

LAHORE: The Punjab government has released Rs300m for establishing an institute of kidney & liver transplant in Lahore.
It has already allotted 50 acre land for the institution on the Bedian Road. The foundation laying ceremony for the Rs12bn institute will be held within a month.

Pakistan Kidney & Liver Institute Trust Chairman Prof Saeed Akhtar received the cheque for Rs300m in a ceremony organised here on Sunday. Prof Saeed is also head of the Organs Transplant Department of the Al-Shifa International Islamabad. Health Secretary Jawad Rafique Malik, and Special Secretary Finance Department Ahmed Raza Sarwar were also present on this occasion besides Khawaja Salman Rafique.
Also read: Liver transplant facility
The participants of the ceremony were told that after completion of the institute, Rs6bn would be required annually to run the hospital. The government would provide 25pc of the total amount while rest of the expenditure would be met by the trust.

Prof Saeed Akhtar, who was also working in USA as surgeon of liver & kidney transplantation, said more than 100 liver transplants had been carried out at Al-Shifa International Islamabad successfully.
Published in Dawn January 12th , 2014

Bader Hussain replied on Tuesday, April 28, 2015 03:36 PM PST 

Sorry I put the old news, please see the latest news about it in the following links.

#@*%!://www.brecorder.com/pakistan/politics-a-policy/214954-lahore-to-have-modern-pakistan-kidney-liver-institute-cm.html

#@*%!://paperpkblog.com/408088/pakistan-kidney-liver-institute-research-centre-lahore-jobs

#@*%!://www.dawn.com/news/1156478/rs300m-released-for-kidney-liver-transplant-institute

flex01 replied on Tuesday, April 28, 2015 07:04 PM PST 

seems old news from Jan 2015..

Only useful if some thing going to materialize

Ur Customer replied on Wednesday, April 29, 2015 01:10 AM PST 

Today I visited Phase-7. Construction of Pakistan Kidney & Liver Institute Hospital has been initiated. Initial development has started.
I think Lahore Knowledge Park will start soon.

XYZ replied on Wednesday, April 29, 2015 01:48 AM PST 

Ur Customer, thanks for
update. It is really good news and I think particularly for phase 7.
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(61416)
Tuesday, April 28, 2015 02:10 PM PST 
ENGINEERS TOWN (IEP TOWN) LAHORE

Any information about Engineers town (IEP town) what is price of 2-kanal plot and what is future of the society?? please comments...

IEP full on replied on Tuesday, April 28, 2015 03:10 PM PST 

it could be a better option as DHA rehber is nearby and also this society has all the needed facilities.
2K is around 10M to 11M at good locations the price is raising with the raise in DHA rehber.
its my personal opinion. rest, Allah knows better.

Habib replied on Tuesday, April 28, 2015 05:57 PM PST 

CH Shareef,
I had a detailed survey of this Society just months ago, IEP sector A Located on Defence road is a society neglected by investors for long time, It is very Close to Valencia where
prices have increased to 110 Lac per Avergae Plot, In Past its Price have always been 1/2 of Valencia, Now it stated Populating still good Plosr are available in this area in about 60 Lac in Posession and Non LDA Mortage area, and 45 to 40 In posession but LDA Motgage area, Most of the facilities are vailable in that society including Gas,There are almost 50 Houses there, Prices are very low as compared to suuroning anad about 1/2 Of DHa Rahber which itself have only 10 houses built. For Living it is very good in this budget. Stadard of development is good.


There are few down sides
There are many catergories of Plots, Non mortage with possesion,[Best]Mortgage with Possession, Non Mortgage without posession, New Blocks underdelelopment. Motrgage with no Psoession Be very sure beafore purcahse what you are puchasing all has different rates.
Progress from Non Possession to posession is slow, Progress of development is Slow in Non possesion areas.
6 years backe IEP handed over this society to Enineers Town due to ?? Issues.
Most of houses built here are not top class like you see in valencia, most are either single story, gery structure some incomplete few Complete Double Story Liek People are building as per money they have,
Mangement Office is lenient and crosses some time limits, like Open files issues inspite of Govt Watrning, Mortage Plot Sold, Construction allowed on Morgage Plots Just by Approval of Society [ Not approval by LDA as per per coperative rules]
There are abundant 2 Kanal Plots where construction is expected to be slow.

At the end I will say This society is a semiregulated, underpriced with room to grow slowly, Not higher end, safe and fraud free, No qabza isses.
In 2006 one Plot in C Block was 19 Lac and today it is 57, Insalljh in next 9 years it will be 3x

Jameel replied on Wednesday, April 29, 2015 04:26 AM PST 

another Pice of info is kanal is 18 Merla 45X90 in IEP and 2 Kanal is 36 Merla

Muhammad Haroon replied on Tuesday, October 8, 2019 09:45 PM PST 

About Engineers town, I want to ask what is meant by non-possession plot and what are the drawbacks of non-possession plots. How long it takes, on average, to get possession of a plot in IEP..
i have a very low budget presently as I have just started my career and am looking for some investment in area where I can make a house few years later. I just need a suggestion that should I invest 4.4 million in IEP or wait for a better investment opportunity to pop up.
Also is there any property in a proper co-operative society that I can buy in this budget in close vicinity to Thokar Niaz Baig?
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(61415)
Tuesday, April 28, 2015 01:53 PM PST 
Dream Garden Housing

Dear CMY Sb.
I have a plot in dream garden Housing Defence Road. Should i retain it or sell it and switch to some other places. Possession is expected very soon. Please reply.

Muhammad Ameen replied on Tuesday, April 28, 2015 11:26 PM PST 

Hold that plot.I have visited this site and its excellent developed.Hold that plot for 1 year it will pay you.As i were also interested to purchase plot but i came to know about this society very late.Procession have been given to people and i hope so within 6 month much construction activity will be started.

So wait for 1 year to get good return.

Rasheed replied on Wednesday, April 29, 2015 01:58 AM PST 

After repeated visits of Raiwind road and nearby areas, this society stands out. The
prices have not reflected the location factor. I couldn't spot any major issues with the society other than the approach from Valencia. That road could be improved. Is it missing any utilities? or development too slow?
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(61414)
Tuesday, April 28, 2015 01:47 PM PST 

Dear CMY Sb

I have sold my property and have received RS.17.5 Million.
Can you please recommend what should I buy with this money.
I have heard a lot about your expert opinion and would request to oblige me as well.

many Thanks
M.Saeed

Muhammad Ameen replied on Tuesday, April 28, 2015 11:46 PM PST 

I am not expert as CMY saab have much more experience than me.He is the real "USTAD" teacher of guiding people but i can give you suggestion if i were have such amount i can buy

1. Buy 1 kanal plot DHA 7
2. Buy 1 kanal file DHA 9 Proper

But final words from CMY Saab as he is one of top experts in Real Estate in Pakistan

Rasheed replied on Wednesday, April 29, 2015 02:08 AM PST 

It all depends on what life-style you want. If you want Hands off approach, you could buy another plot or commercial etc. which most people would.

To repay what society have offered you, create jobs for the not so well off, who were not as lucky as you.

If you have so much cash in hand and TIME for construction, buy a 10 marla top
location plot in a decent society and build a house. In 6 months time, you should be able to walk away with at least 2 million profit.

Or you could buy two 5 marla plots, construct one sell it off, and with that cash, take out the profit and reinvest the original to build the other. Continue this cycle and you can make decent profit, provided you have love for building construction.

This would create jobs for poor and boost the housing market. If you do want to go down this route, do good research, do your numbers and only go for societies which are highly liquid. I wouldn't name any because everyone have their own opinion. Otherwise, stick with hands off approach, buy commercial etc.
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(61413)
Tuesday, April 28, 2015 01:22 PM PST 

Dear CMY

I have two good locations plots in IVY Green, one 5marla while the other is 10marla. Please advise should I sell them or hold?

Awaiting your advice.

Regards
Umer

CMY replied on Tuesday, April 28, 2015 01:39 PM PST 

Depends a lot on locations. If bad location sell and buy better location with adding some money. Switching bad location plot with a good location must be done abd done asap. Lower the price less money you had to add out of pocket. More wait more monry will be needed and switch may be more difficult.

Generally DHA8 Z block is as good long term Investment. It will have a boundary wall and be a gated community due to its isolated location. People wont feel safe if left open from all 4 sides. Keep in mind it have some distance from Berki road main. Also development charges will be high because a high boundary wall to be built to keep robbers and thief away.

Prices are still extremely low because location of plot can be seen on map today. Prices here will gain min 100% in next 3 years. I am including development charges of 21 to 22 lacs. Will get developed very fast. 3 years min and 5 years maximum. DHA gave 3 years possession time.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.com

amin replied on Wednesday, April 29, 2015 12:26 AM PST 

Dear CMY, AOA. Your candid views are so much valuable for many in Pakistan specially for those who are novice and new in real estate. Could you please evaluate that in ivy green which residential sub sector is the best for investment? thanks and regards.
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(61412)
Tuesday, April 28, 2015 01:21 PM PST 

Aoa
Kindly suggest me that should i invest money in DHA Commercial Avenue in Islamabad ( 4 m) or in i kanal of dha Gujranwala ?

faiz replied on Tuesday, April 28, 2015 01:35 PM PST 

dear,
about Islamabad we do nt know. but think 100 times before going for gujranwala. as it will take decade to develop.

Umayr Masud replied on Tuesday, April 28, 2015 03:03 PM PST 

DHA Gujranwala won't take decades to develop, as development work is very speedy & the file rate is going up soon.
you can invest in DHA Gujranwala with closed eyes for long term investment.

Umair Masood
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(61411)
Tuesday, April 28, 2015 12:09 PM PST 
phase 7 commercial file

Dear CMY sab,
aoa, really thanks for services,
do you have idea that if we buy phase 7 four marla commercial file, it will fall in CCA 3 (X block) or CCA 2 (Y block).one of real estate agent told me that affidavit file from SANGATPURA will definitely fall in X block.
i come to know from your recent comments that top of your commercial priority is phase 7 and residental plot is phase M M.Am i right

faiz replied on Tuesday, April 28, 2015 12:11 PM PST 

i come to know from your recent comments that top of your commercial priority is phase 7 and residental plot is phase 5M .Am i right
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(61409)
Tuesday, April 28, 2015 10:59 AM PST 

Dear CMY Sahib - can you recommend any DHA possession (plot) area which will gain like DHA 9 File ? Which place do you see money will double in two to three years ? Which area do you consider will be really "HOT" where one can invest and double in two to three years ?

CMY replied on Tuesday, April 28, 2015 11:07 AM PST 

DHA 7 R block

Arslan replied on Tuesday, April 28, 2015 11:26 AM PST 

Thanks Sir do you think DHA 7 "R" block investment is better than DHA 5 M block where money will double in two to three years ? Or any second option ?

CMY replied on Tuesday, April 28, 2015 11:34 AM PST 

Arslan bhai both choices can achieve your target in 3 years time or less. Both will have lowest downside risk if market starts falling in future. Rest I will have to leave it to Allah. He can do things we cant imagine.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

Arslan replied on Tuesday, April 28, 2015 11:42 AM PST 

So True Allah know best!

CMY Sahib one last question as you know it is very very tough to make and save money in Pakistan. God Bless our current Govt for this inflation and making our life difficult. I am sitting with no electric. Any way life goes on.

I am really scared where to invest Rs 1 crore plus few lakhs as this is my hard saving.

If you CMY Sahib had this money where would you invest regardless of FILE or PLOT.

Which would be your number one and number suggestion.

PLEASE I repeat I am hard headed and want to invest only where the gain in 100% assured PLEASE advise SIR as its very difficult to save this money.

Thank you in advance and we wish you good health - Amen.

Arslan replied on Tuesday, April 28, 2015 11:56 AM PST 

Thank you buy123 - respected Sir/Madam.

I would like to hear from CMY Sahib what he recommends as I have highlighted above money to make in Pakistan in NOT that easy.

CMY replied on Tuesday, April 28, 2015 01:24 PM PST 

I would buy a good
location corner plot in DHA 5 M block if money was this important for me. If I cant afford any risk.

Normally I take some chances in my real estate investments where reward is bigger but downside risk is there. Even with price risk I dont invest where money is not safe. I trader stocks as day trader so old habit of taking price risk is still inside me. Have not traded stocks in past 14 years though.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.com
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(61407)
Tuesday, April 28, 2015 06:44 AM PST 

Respected CMY sir,
I have 4 marla commercial plot in Q-Block Air Avenue. Should i sell it and add more money and buy phase 9 proper 8 marla commercial file? Or keep my investment. I want to invest for 2-3 years

Regards.
Zain Rana
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(61406)
Tuesday, April 28, 2015 04:13 AM PST 

Dear CMY Sb. and other friends:
Need advise, I have 10M plot in Jubllee town. Shall I keep it or to shift another place for good investment. If yes then what is the best option in this budget to get maximum return.

CMY replied on Tuesday, April 28, 2015 11:37 AM PST 

Not dealing in old LDA schemes and not dealing any where a registry is held and patwaries are involved. Never felt comfortable with those deals due to corruption and Qabza groups.

Thora kamatey hein and magar sotey bhahut sakoon sey hain. After transfer is done in
DHA Lahore we and our clients still stay happy and trouble free for years to come.

Not updated enough to answer questions where LRE in not very actively dealing properties. Friends updated there can help if they want to.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

buy123 replied on Tuesday, April 28, 2015 11:41 AM PST 

I came to know that
prices in Jubilee Town has fallen.
A friend even accused LDA that they are making the prices to fall just to sell/appreciate LDA avenue asap.

LDA avenue still seems to be a better marketed scheme than Jubilee Town.

Muhammad Ameen replied on Tuesday, April 28, 2015 11:41 PM PST 

Prices are now stable in LDA Avenue.Due to procession were provided to plot holders,prices gains a lot.

10 marla 40 to 55 lac
1 kanal good location on 40 feet road range from 65 to 75

My advise is to Hold your plot it will good you give return in future.As Jubliee market is totally depending upon LDA Avenue 1.
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(61405)
Tuesday, April 28, 2015 03:42 AM PST 

Dear CMY, How are You? Can someone from your office check,if my DHA-9 file is Complete? I have already submitted form more than week ago.
Allah Hafiz.
M.W.Khan :h

CMY replied on Tuesday, April 28, 2015 08:20 AM PST 

Plz check your email. We need more info

M.W.Khan replied on Tuesday, April 28, 2015 09:10 AM PST 

Thank you very much for your reply.I just replied the email with required information. Allah Hafiz.

CMY replied on Tuesday, April 28, 2015 09:24 AM PST 

Please check your email again for my answer. I still dont have what I needed from you.

M.W.Khan replied on Tuesday, April 28, 2015 09:52 AM PST 

Dear CMY, Thank you for your quick reply. I just send you email again. Right now I got only this letter. I need your help for next process.thx

CMY replied on Tuesday, April 28, 2015 11:00 AM PST 

Sir I will try to my best to get info from DHA asap. Insha Allah I will
update you soon.

CMY replied on Tuesday, April 28, 2015 11:06 AM PST 

100s of emails were sent by me to inform you about ballot ready check results.Plz check you email. Rest email will be sent tomorrow Insha Allah so be patient. Thanks for waiting this long.

Few friends were requested for more info/papers. Full name and file allocation number is must needed. If any one have only intimation please you must send its scan or picture too.

Only less than 2 dozen
files need to be checked.

M.W.Khan replied on Tuesday, April 28, 2015 11:17 AM PST 

Thanks for your help and time. AH

Khan replied on Tuesday, April 28, 2015 02:17 PM PST 

@ LRE, thanks I got stated email.

Muzzamil Hameed replied on Tuesday, April 28, 2015 04:58 PM PST 

i am also waiting for response regarding my file being ballot ready
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(61404)
Tuesday, April 28, 2015 01:37 AM PST 

Dear CMY sahib, can we ask you to give your valuable comments on Lahore knowledge park impact on DHA phase 7 and phase 7 Z1 boundary in particular.

Thanks and best regards.

Your Customer replied on Tuesday, April 28, 2015 04:18 AM PST 

CMY sb please dont ignore this post. I'm your fan and customer.

Please help.

CMY replied on Tuesday, April 28, 2015 06:16 AM PST 

I dont ignore people even if they are not my fan or my customers :)

I only ignore any question If I am not updated enough to answer it. Its better not to answer them to misguide people if I dont have a satisfactory or useful answer for them. I do ignore freinds repeated questions though. Friends must use our search post field above left at start of page to educate them and to ask us useful questions. One can just click on >>>>>> CMY <<<<< to find my all my answers upto day one of this page. Sorry I cant make it more easier than that my friends.

Here is an answer I posted recently to your IGNORED question :)

----------------

CMY replied on Sunday, April 26, 2015 12:10 PM PST

Nothing new about knowledge park since my last post about it. Govt too busy in building metrobus and roads projects because they get more votes in elections. Education is not TOP priority of CM Shehbaz sahib.

Punjab Govt wanted to build 852 acres knowledge Park. Its a 10 year plan. Punjab HEC have signed MOU with UK Turkish and Bangladesh Universities to build their campuses here. No further progress is available since last year agreement. Some land issues between DHA Punjab Govt and Sikh temple. There was a court ruling that land to handed over to Sikh temple. Punjab Govt may have settled this land issue but news about is not made public yet.


If you have any thing new other than above info to share with u it will help us all. You may want to add a full detailed post about it.

Thanks in advance

Choudry Mujahid Yasin ( CMY)
Info@LREPK.Com
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(61403)
Tuesday, April 28, 2015 01:03 AM PST 
Phase 9 and LRR

Dear CMY,
Most of Land in DHA 9 area is already acquired by DHA, Now will Lahore ring Road Authority will buy this Land from DHA? Previously no Land was given to LRR By Sui gas or Phase 4 DHA,
2nd question is do you think the delay in dHA 9 Ballot is due to this reason?
I am sure DHA cant throw Phase 9 map till they are sure which route LRR will Follow,
Pls share with us inside story not taking into account what will affect on the Price of file :)
I am sure DHA and Govt of Punjab have cold relations.

CMY replied on Tuesday, April 28, 2015 06:26 AM PST 

Lahore Ring Road route is wel known for many years where its is passing in
DHA Lahore phase 9. DHA knew it for many years and have accommodated it in DHA Lahore phase 9 master plan.

Yes currently DHA Lahore and Punjab Govt have great relations. They were not good when DHA Parkview underpass was eliminated in front of Lahore airport. But now both are working hand in hand in DHA 9 for LRR plus Ashiana housing small ext and in DHA 7 area for knowledge park education complex project.

Choudry Mujahid Yasin
Info@LREPK.Com
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(61401)
Monday, April 27, 2015 11:51 PM PST 
DHA Multan/Gujrawala files

Dear LRE Team & CMY
DHA Multan/Gujrawala files
Is it possible to buying dha multan/dha gujrawala files in lahore DHA office rather than go to Multan or Gujrawala.

CMY replied on Tuesday, April 28, 2015 12:10 AM PST 

Only draw back is buyer seller must go to Multan and Gujranwala for transfers. This is main reason dealers and clients stay away from these.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.com
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