Lahore Real Estate Forum

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(61369)
Sunday, April 26, 2015 02:59 PM PST 
Construction cost estimation

Ad Type
City
Dealing
Lahore
Dear All,
I need your help in estimation for construction.
Home area 1 K
first phase ground area ( 3000 Sqfeet Approx )
Budget availability 3o Lakh


Estimation required for

Grey Area construction
normal finish etc.

Can any one gudie me how to proceed , i have zero knowledge of construction

I want to consume all money i have with max construction
Kindly help me
JazakAllaha

Rasheed replied on Monday, April 27, 2015 04:56 AM PST 

I am in process of building a house and grey structure can cost north of 1000 per square foot. Labour cost alone could be 260 per square foot or more.

Any expense on top of grey structure depends on the finish you want to achieve. Nobody can give you exact guess of it. It totally depends on choices you make during construction of interior/exterior etc.

Building a house is sum of many parts and each have a different unit cost associated with it. It depends on which option you go it. Sorry to say but in your case, 30 lakh is not enough for even getting grey structure done, probably 35-40 lakhs, you can get grey structure.

A fairly good finish can easily cost 2000 per square foot, so for 3000 sq.ft, i'd say 60-65 lakh.

iam23m replied on Monday, April 27, 2015 08:28 PM PST 

Thank you rasheed Bhaee, i am trying to increase my budget.

One more information is required that what is included in the grey Structure. ?

Plastar is included or not
Tyling is included ?
Electic cables are included ?

Thanks & jazakAllaha

Rasheed replied on Monday, April 27, 2015 10:43 PM PST 

Grey structure should have plaster, internal and external. Generally, tyling is not included but I managed to negotiate the cost of labour for tyling in grey structure cost, but it cost me 20 rs/sq. ft more. I think it was worth to have it included if you can. Electric cables are not included. Electric work can cost you 125,000 for double story house.
>
(61368)
Sunday, April 26, 2015 02:41 PM PST 
Construction Cost 3.5 marla House

Ad Type
City
For Sale
Lahore
I want to construct 3.5 marla plot.I want to know that how much cost will be needed to construct 3.5 marla house double story.

Grey Structure?
Executive Finish
Luxury Finish
What is the material cost break up and how much labor cost me and how much approximate time will be needed to construct a house?


I am thinking to do a thakha and material will be provided by me to that thakka-dar.

Rasheed replied on Monday, April 27, 2015 05:00 AM PST 

Dear Qaisar Iqbal,

Labour costs are generally included in the per sq foot quotes. I think in Lahore, it is about 240-260 per square foot at minimum.

abdul rasheed replied on Monday, May 21, 2018 05:15 PM PST 

3.5 marla house of cost ground flora

tajammal Hussain shah replied on Wednesday, October 3, 2018 06:31 PM PST 

I want to construct 3 marla plot in sheikhupura.I want to know that how much cost will be needed to construct 3marla house single story.

Grey Structure?
Executive Finish?

What is the material cost break up and how much labor cost me and how much approximate time will be needed to construct a house?


I am thinking to do a thakha

tajammal Hussain shah replied on Wednesday, October 3, 2018 06:48 PM PST 

I want to construct 3 marla plot in sheikhupura.I want to know that how much cost will be needed to construct 3marla house single story.

Grey Structure?
Executive Finish?

What is the material cost how much labor cost me and how much approximate time will be needed to construct a house?


I am thinking to do a thakha

Sobia replied on Wednesday, July 17, 2019 12:02 AM PST 

Aoa sir my house is 2marla....L have ground floor...I need two more stories....2nd and 3rd.....kindly tell me costs....of more two marl and Labour....

Anser Mehdi replied on Thursday, September 5, 2019 10:13 PM PST 

sir i have 5 marla area innislamabad and i want to cover 3.5 marla can we consruct 3 rooms, kitchen bath and car porch in this area if yes then tell me total cost with labour material...etc

Hafiz Muhammad Tayyab replied on Thursday, December 26, 2019 12:51 PM PST 

I want to construct 3.5 merla in lahore how cost with metrial without metrial labuer rate
>
(61367)
Sunday, April 26, 2015 02:34 PM PST 
true advice needed

dear cmy sb i have been following your tweets on this website from past 2 years.i have one 8 marla and one 4 marla comm phase 9 already and i have budget of 18 million to invest for 3 years.where should i invest that money??i have seen you have been supporting phase 9 commr too much.what makes you so sure of returns regarding ph 9 (plz give some reasons like location etc).your answer would be very much appreciated.may allah grant you with best health...

CMY replied on Sunday, April 26, 2015 03:23 PM PST 

Saleem bhai last week I wrote a very detailed post to explain why commercial plots always won in past against residential plots for larger amount investment. Unfortunately that post got deleted with database corruption. If any one saved that post or can recover it from Google cache etc please re post.
I will try to rewrite that post in shortest possible lines since its already 2am in Chicago and time to go to bed.
During past 12 years if trading i never saw a single client lose a single rupee on commercial plots investment in DHA Bahria or NFC IF the held their investment for more than 1 year from purchase.I will say Not a single person Mater of fact all commercial property owners made 2 to 4 times more gains than if they had same amount in residential plots.
I also noticed for commercial plots larger the plot size more gains it had. This was the main reason I highly recommend if one have budget they must try to go for largest size one commercial instead of buying 2 small commercial. I suggested an 8 marla commercial would be better buy at DHA9 8-marla 308 lacs than two 4-marla plots in DHA9 at 390 lacs for both plots. There were other reasons I recommend large size 8 marla commercial over 4 marla. In two 4 marla commercial plots construction cost will be lot higher than one 8 marla. In all past phases All 8 marla were on prime locations like largest main boulevards but 4 marlas were in sector commercial areas. Since highest rank army officers like Gen Brig are allotted 8 marla commercial you will find 8 marla in only prime locations. I am told 95% 8 marla commercial are one largest widest main Boulevard too but I cant trust this imfo as I have not seen new master plan with my own eyes. Due to their better location in all past ballots and maps I believe 8 Marla will win against 4 Marla

In two 4 marla rent will be lower because they are just too small for any multinational or restaurant or bank or designer clothing or shoes shops. In 4 marla even real estate office in not practical. Two desks and space is gone. In 4 marla you mostly see tailor shops vegetable shops tandoor etc that cant afford big rents. 8 marla get you more rent from multinational companies banks restaurants real estate offices because they have more visibility on wider roads than isolated CCA.
If one can afford DHA 9 8-marla go for it 1st. If cant afford 308 Lacs go for 4-Marla commercial at 195 lacs before you go for 1 kanal residential plot in DHA 6 or 8. If still cant afford than please go for DHA7 commercial of 4 marla at nearly 135 lacs before you buy one kanal residential plot in DHA7. For me to suggest these make no difference I am going to get more commission if you buy two 4 marla than 8 marla. I will make same commission if you buy residential or commercial. I am suggesting this because its what I learned from 12 years dealing in DHA Bahria and NFC2 along with dozens other schemes. I also felt largest price of single plot least chance that holder will sell plot in falling market or in panic. People with that kind of amount are highly educated and more smarter and calm. They always sell lowest priced holding BEFORE largest one.Since they hold large commercial plots for longer term you get very few sellers ans
prices keep rising slowly but gain are solid due to firm holders or new buyers. One more point number of largest commercial plots is many times lower than 4 merlas.


Same time I will strongly suggest for residential plots I have experienced totally opposite of above. In this case smallest size plots always gained most. I have seen again and again people made more money in 4 5-Marla than 1 1-Kanal. I think main reason here was 1-Kanal plots available for sale is many times more than 5Marla and same time lower prices are affordable to way too many buyers than 1-Kanal buyers.

I hope I was able to help you. Tried my best to share you from my heart what I learned in 12 years dealing with smartest people in Pakistan. We got PHd Prof Doctors Managers Gen Maj Col politicians name any smart person we deal with daily. This is what they did and where they made most money.

I will ask you now please let me know you opinion too with your budget where you was thinking to go and why. And where you plan to go know since you already have commercial did it gain more than residential or less.

Lets have a poll for you. Friends please answer with 180 budget you suggest Saleeem bhai to increase budget yo 195 kacs and go for DHA 9 4-Marla commercial or he should by a 1-Kanal residential in DHA6 or DHA8. More pople vote better idea we both will have what will be a better investment in future too.

My one request to all holders of residential plots please dont take this post wrongly as 10000s more holders like you and me too preferred to go for residential because we never knew in past commercial investment was more rewarding. I too always thought commercial plots were overpriced and not good for new investment but I must admit missed lots of good opportunity in past. Hold what yoy have but do think about commercial in future seriously.
I wish and pray all of you gain big including residential plots holders 1st.


Allah Hafiz

Choudry Mujahid Yasin ( CMY )
Info@LREPK.com

Ashfaq Khan replied on Sunday, April 26, 2015 03:44 PM PST 

CMY replied on Friday, April 17, 2015 08:09 AM PST

What is your professional outlook about DHA 9 Commercial 8 marla
files???

Ans:
To date I have not seen any body that invested in DHA Lahore commercials for 1 year or more loose a single rupee of his investment. My 12 experience have shown me if one could have large budget he should only go for biggest size commercial plots available in his budget instead on many residential plots. I have seen people that invested in commercial plots have always gained more than twice on their invested compared to same amount invested in residential plots. To be honest I my self was not an advocate of commercial plots due to their higher prices but over the time I saw commercial plots kept gaining many folds even when market was generally very dull. Perhaps very few available commercial plots and sold wealthy long term holders make their prices only rise and rise upward. Even during fall in real estate market wealthy holders of commercial plots never sold these plots panic and need. They sold their lower priced lower sized plots 1st.

Based on & observing closely 100s of deals in DHA Lahore I would say its always wise to buy several smallest size residential plots instead of one larger size residential plot. At the same time one must always try his best to buy largest available size in his budget instead of buying two smaller commercial plots.
Now you asked me about 8 marla commercial plot in DHA Lahore. If possible please go for 8 marla commercial plot instead of 4 marla if your budget allows you. Currently DHA phase 9 8 marla commercial is better value based on price comparison. Do keep in mind 4 marla plots are not large enough for any good office or restaurant etc. 8 marla commercial plots are also in lower numbers and averagely rented by bank or multi nationals so their rents are much higher than 4 marlas due to their larger sizes and better location. When it comes to construction 8 marla also wins here. Cost of designing and construction is lot less than if you construct 1 8 marla instead of two 4 marla commercial plots.

Do keep in mind 8 marla plots are mostly allotted to highest ranked Gen Lt Gen and Brig etc so in each phase DHA Lahore phase 8 marla commercial plots are always on prime location only. Their ballot is done more fairly than too because each Gen want the best location 8 marla plot :). Their ballot is done more fairly because risk of wealthy plot owner can more easily challenge protest ballot results if they are unfair :). People who saw the map of DHA Lahore phase 9 are saying 95% 8 marla commercial plots are on a huge main boulevard, I dont know how much I can trust this info until I personally see the map. But I told you all I know about DHA Lahore phase 9 Lahore. My request If you hold one hold it tight and dont sell at their strong rise as lot of room to grow and in very short time. If have budget available dont deley the purchase as you will be paying more with each day waiting. Very very very few sellers in market for commercial plots of 4 or 8 marla in DHA Lahore. Extremely hard to find even one plot when we get a buyer.


Choudry Mujahid Yasin ( CMY )
Lahore Real Estate
Info@LREPK.Com

syed shoaib replied on Sunday, April 26, 2015 04:47 PM PST 

What is method of buying
dha multan file in lahore , is transfer available here ? Someone from lre update us on nfc phase 2 elections , ring road and development .thank u

CMY replied on Sunday, April 26, 2015 04:55 PM PST 

Ashfaq Khan nice job sir. Well done. Made my day. If possible please also copy a post where I suggest in what budget where one can buy property. That will save me lot of time. If you get free time please email me all larger posts of me and other here in last 10 days that you can easily recover as they all got deleted.

That will be great gift. I spent too many hours on them and lost all those useful posts for me and other good folks like Shehzad Jameel Habeeb sahib etc here.

Ashfaq Khan replied on Sunday, April 26, 2015 05:51 PM PST 

Dear CMY sahib, sorry I could save only 2 posts.

CMY replied on Thursday, April 16, 2015 11:16 PM PST

Dear Friend RZ

How comes DHA have not asked public ( civilian ) to apply for plot and have not announced the
prices, as they did for DHA-8?

Ans: You will insha Allah get these plots offered on installments to general public before ballot.

How do you say we are approaching close to balloting?

Ans:
On ballot day of DHA Lahore phase 8 Z block these were the words to public by Brig sahib who is administrator of DHA Lahore and highest authority for ballots. He said I am extremely sorry and ashamed that we have to delay the DHA Lahore for this long and so many years. He said I cant promise you DHA Lahore phase 9 ballot will be held tomorrow but I do say its now only weeks away.

Now looking at his above statement I can safely "ASSUME" DHA Lahore phase 9 ballot will be held in just a few weeks time and must be held before 2015 ends.

Also worth noting is that DHA Lahore 8 Z block ballot was held in hurry to remove any complaints that why DHA 9 ballot was held BEFORE DHA 8 is finished.


What is your idea about the prices and installment rate and period ?

Ans:
DHA Lahore phase 9 1 Kanal will be offered at 85 to 90 Lacs for 3 years in installments.


How much Development charges can be ?
Ans:
I expect it to be 17 to 20 Lacs for one kanal.


How many plots are for general public size wise ?
7000 to 10000 for all sizes combined including commercial plots.

Above all figures are estimate "ONLY" based on my 12 years of dealing DHA properties and seeing past ballots in DHA Lahore. We should wait for official prices or numbers for accurate figures

Choudry Mujahid Yasin ( CMY )
Lahore Real Estate
Info@LREPK.Com

saleem replied on Sunday, April 26, 2015 09:29 PM PST 

really so kind of you that you explained it so thorougly.i just wanted to confirm that you are suggesting me that i should sell my one 4 marla comm ph 9 that iam already having and add 18 million to that investment and buy one 8 marla comm so that it i could have two 8 marla comm in total???secondly do you think returns would be like it was in phase 5 & 6 commer.if yes what makes you so sure i-e its
location or its outrageous masterplanning etc.last but not the least. i am not going to buy a plot in ph 6 instead i have intention of selling my ph 6 plot that is how 18 million would come in my budget..again many many thanks for taking some priceless time out of your routine to answer my questions and its fine even you reply after a day because i don't want to disturb your sleep.

CMY replied on Monday, April 27, 2015 02:09 AM PST 

Thanks a million to both Ashfaq Lhan and buy123

I knew I will get lucky and someone from this webpage vistors will re post my lost posts for me. Why I had this so strong feeling?

In 2010 I had a meeting with manager of largest estate in Lahore with 4 branches and 100s employees. During that meeting that manager told me CMY I am your oldest fan. He pulled out a big file folder. than he showed me 100s printout of all my posts since 2003. He said I used your posts information in most times to advise buying selling options to our own clients base. He actually showed me had highlighted in yellow color highlighter all lines that contained all recommendation . I was surprised big time that how he went to that length to save all my past posts for so many years.

So I had strong feeling someone here may actually have saved some of my recent but lost posts between April 3rd to April 22 2015.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.com

saleem replied on Monday, April 27, 2015 01:25 PM PST 

dear cmy sb really so kind of you that you explained it so thorougly.i just wanted to confirm that you are suggesting me that i should sell my one 4 marla comm ph 9 that iam already having and add 18 million to that investment and buy one 8 marla comm so that it i could have two 8 marla comm in total???secondly do you think returns would be like it was in phase 5 & 6 commer.if yes what makes you so sure i-e its
location or its outrageous masterplanning etc.last but not the least. i am not going to buy a plot in ph 6 instead i have intention of selling my ph 6 plot that is how 18 million would come in my budget..again many many thanks for taking some priceless time out of your routine to answer my questions and its fine even you reply after a day because i don't want to disturb your sleep.please do answer cmy sb

CMY replied on Monday, April 27, 2015 01:54 PM PST 

Saleem bhai you understood right. Go for DHA9 8-Marla proper commercials IF its possible for you to do it asap. Very strong buying demand and almost none sellers is showing it may be getting out of your reach very soon.

Heard
location of 8 marla is excellent on DHA 9 map. 95% on main blvd. But DHA could change its latest map any time. You know they have done many changes in pas too. If you have connection in DHA verify these 8 marla commercial locations.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com
>
(61365)
Sunday, April 26, 2015 12:37 PM PST 
roof insulation

AA Everyone,
I am constructing house here in Bahria Rawalpindi and need some help. How to insulate top floor roof from heat during summer? I saw some discussions around it but can't find it now. I remember CMY brother provided with some tips. Appreciate the help in advance.

sania replied on Sunday, April 26, 2015 06:00 PM PST 

safwan sab for this purpose plz checkb #@*%!.com.you can get very useful information from there.
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(61364)
Sunday, April 26, 2015 11:26 AM PST 

Dear CMY looking forward for ur kind guidance to invest hard earnd money of 12Million for 2 to 3 years
1- 1K PLOT IN M BLOCK PHASE 5
2_1k plot in upper cutting blocks of phase7.
3_4 Marla commercial phase 7
kind Regards

CMY replied on Sunday, April 26, 2015 11:35 AM PST 

M block
DHA Lahore phase 5

Shahzad Qamar replied on Sunday, April 26, 2015 05:47 PM PST 

M block ph 5

Tariq Qureshi replied on Monday, April 27, 2015 01:11 AM PST 

Dear CMY sahab Thanx a lot
>
(61363)
Sunday, April 26, 2015 10:31 AM PST 

Non balloted 1 kanal DHA Lahore phase 9 one kanal price today was 57.75 lacs. In same DHA Lahore phase 9 4 files of 5 marla = 1 kanal are selling for 92 lacs.

Interesting argument by CMY. Kanal files could easily rise to 80-90 lakh.
>
(61362)
Sunday, April 26, 2015 10:11 AM PST 
Advise

Dear LRE Team & wise members of forum,

I have a one kanal plot in p block (non-possession) Dha Phase 7 and a 5 marla in C block (at boundary) DHA 9 Town. I dont know reasons of non- poseesion of plot while mostly plots in P block has been given possession. Pl advise should I sell them both, or any one of them and invest some where else. If yes, pl where? I have also two million cash available to meet the difference, if required or to invest independently following sound guidance.

Have a nice day.

Kaleem
>
(61361)
Sunday, April 26, 2015 05:51 AM PST 
Advice for investment

Please advice to invest 15 to 17 lacs which should give best return within 6 months or year
>
(61360)
Sunday, April 26, 2015 05:14 AM PST 
Unbelievable new technology

Unbelievable new technology

Phenomenon known as quantum locking. Never saw any thing like this so sharing this nice experience with you.


How can a super-thin 3-inch disk levitate something 70,000 times its own weight?

Play full video here

http://www.ted.com/talks/boaz_almog_levitates_a_superconductor?language=en

or short video here

https://www.youtube.com/watch?v=Ws6AAhTw7RA

Tahir Chaudhry replied on Sunday, April 26, 2015 07:35 AM PST 

Just watched it...amazing! Good to know your interests in such dynamics.
I live in NJ though from Lahore, and keep visiting Science & Tech Exibit in Tri States area but this one is new. Thanks for sharing dear CMY!
I'm impressed with your regular feed back and unbiased analysis here.
Me too have a couple of Phase-9
files for investment, and holding back.
Allah may bless you with His heeling and good health.
Regards.
>
(61359)
Sunday, April 26, 2015 05:00 AM PST 

Dear CMY sir , phase 8 park view one kanal files A block , please guide the future for these files

Thanks
>
(61358)
Sunday, April 26, 2015 02:16 AM PST 
estimate

Ad Type
City
Scheme
Phase
Block
Plot
Size
Demand(Rs)
For Sale
lhr
DHA
7
U
1641
k
?
Dear CMY may it be evaluated and worth purchase now a days.Thanks

Lahore Real Estate replied on Monday, April 27, 2015 03:56 PM PST 

Dear Sir,
The current market value of U 1641 dha phase 7 is around 80 Lacs

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(61357)
Sunday, April 26, 2015 01:19 AM PST 

Aoa. Respected team can u plz evaluate plot 1 kanal c block no.919. Also what is cost of good location plot( 10 marla). in phase 7 .thank u.

Lahore Real Estate replied on Monday, April 27, 2015 03:59 PM PST 

Dear Sir,
can you confirm the society of C-919 1 Kanal for evaluation.In dha phase 7 you can find plot around 48 to 60 lacs depending on
location. On 150 Feet Y block around 75 Lacs.

Lahore Real Estate
Email:INFO@LREPK.Com
>
(61356)
Saturday, April 25, 2015 11:32 PM PST 
Great Investment Opportunity - Big returns in just couple of months

Hello friends. I just finalized a deal of 1 Kanal plot in DHA phase 8 L Block which is adjacent to ex Air Avenue. This was a disputed area where development was on hold.

But now, the dispute has been resolved and DHA has started development in that area for the past 4 days.

You can go and see by yourself. Since this is a new development, most of the people are still not aware of this happening.

But dealers know what's happening and prices have risen one million per Kanal in just 4 days.

But I still believe that the prices are very attractive. So I bought a plot on a very good price. Because the seller did not know that the development has started :)))
Nowhere in DHA can you get this good deal.

I also met the supervisor on site and he said that the estimated time of completion of work is 4 months.

Just wanted to share my findings with you.
Picture also attached where I have purchased the plot.

Regards,
Fahad..

Riaz replied on Sunday, April 26, 2015 12:21 AM PST 

L Block is situated in Ex Air Avenue.
Which L block of phase 8 you are talking about ? Where it has exact
location?
Dear LRE, can you explain his info?

Jameel replied on Sunday, April 26, 2015 12:38 AM PST 

what i understand from Fahad is that..
there has been dispute how
DHA phase 8 park view will be connected to air avenue [still part of phase 8], There were couple of pockets which were preventing Road extension of air avenue to Park view , it was patch of 120 meters only I think there may had been progress to get land there.
same Road Passing Between Block R and N of air avenue may lead to DHA 8 Proper.
This is small news but may have impact on the Pocket of plots which were On L boundary.

CMY replied on Sunday, April 26, 2015 12:55 AM PST 

Fahad Rehman all this land belonged to my close friend with last name starting with Bh....

90% plots here are owned by him alone for past decade. He was also largest owner of land in Parkview ext. You may have bought plot here from LRE or from other dealer from original owner with last name BH..... :)

Your info is correct. Congratulations.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

Fahad Rehman replied on Sunday, April 26, 2015 01:07 AM PST 

Dear CMY Sb. Yes, you are right... :)

Regards,

Sunny replied on Sunday, April 26, 2015 04:46 PM PST 

Dear Experts

Does this mean that, Ex Parkview will be directly connected to proper Phase 8 through ex Air Avenue. Please confirm. Thanks.

Habib replied on Sunday, April 26, 2015 05:04 PM PST 

Yes this is exactly what Fahad is telling, But there is another samll patch in the way as well have a look at Google earth

Madris76 replied on Sunday, April 26, 2015 08:13 PM PST 

Dear Mr. CMY sb,

Can you please give your opinion on the land in between ex air avenue and phase 8 proper which is also i think belong to eden society. now a days there is also a very beautiful park covered by high walls which is said to be of chaudhary Arshad of eden as i asked one of the security guard there. i am saying this as park not private farm house bcz if we look in google earth there is jogging track and beutiful landscaping work inside there. some people say it also belong to army. On the other side of this park there is phase 8 proper U block. is it good to hold plot on this boundary of the park or private farm house.? your input is needed please.

Madris76 replied on Sunday, April 26, 2015 08:15 PM PST 

Mr. Habib, Jameel, and Shahzad sb are also requested to please give their feedback if they are aware of this area in between air avenue and phase 8 proper,and i am sure they are. thanks

Jameel replied on Sunday, April 26, 2015 09:10 PM PST 

DHA 8 proper will Connect with air avenue by not Main boulevard rather a parallel 80 feet road Connecting air avenue to DHA 8 proper exactly at the point of round about, There was one pocket in the way I Hope that issue will also resolve soon. I am not aware of any Eden land in that area.
Main Boulevard can also lead to DHA 8 proper but there is bigger pocket, and more over there is no provision of DHA 8 proper Map for that purpose.

Mian Haseeb replied on Monday, April 27, 2015 02:27 AM PST 

Will it effect air avenue
prices and demand

shahid nazir chaudhry replied on Wednesday, November 4, 2015 01:21 AM PST 

well all experts property has given their remarks about future expects relating to Air avenue which is now phase 8 but ideas become on thoughts actually some one confirm me there is again stay held by perhaps Eden Housing or else ,now again development work in adjacent of L sector has been stop ,no one can resolve the issue except court decision . the person who shows his cleverness no body is aware about now whats remarks please.
>
(61354)
Saturday, April 25, 2015 10:26 PM PST 
Anticipated next Property Boom In Lahore

Dear Friends/Experts

Economic boom in any industry are mostly cyclic. There was a depressing period in Lahore real estate market from . There was a boom in Lahore during 2013 and prices got doubled almost everywhere. When we will expect a next boom in Lahore?

ZB replied on Saturday, April 25, 2015 11:19 PM PST 

You are very much right, we can expect good increase in real estate and defiantly in DHA-9. This phase has lot of potential to grow and good news have already start coming from every side.

Do not confuse your self with daily rates. In real estate business things do not change in day. just buy if you have funds and wait patiently. longer you wait more you will gain.

Ahsan replied on Saturday, April 25, 2015 11:36 PM PST 

DHA phase 9 is a good option but remember that the more benefit will be in a underpriced societies where people can construct houses in a short term. I expect a next boom in 2018 just after the next general elections as that happened in 2013.

Jameel replied on Sunday, April 26, 2015 12:05 AM PST 

Dear Ahsan, When Boom will come you will not have to ask as before that there will be 5 years of slump, Boom is not possible without Slump. I rather see this time slow rise as indicators are good and already Boom is over which was not so intense and Mostly properties went 2X in general.

Shahzad Qamar replied on Sunday, April 26, 2015 05:56 PM PST 

Jameel saab, I hope you will agree that whenever there is a slump it does not effect everything at same scale, what do you think which areas will not be affected at higher scale in case of slump?

Jameel replied on Sunday, April 26, 2015 09:22 PM PST 

Dear Shehzad Sb,
All the properties where investors ratio is more are heavily hit by Slump, More are
files, far off areas, underdeveloped areas. But developed plots and houses are hit less hard, at the same time they also grow less.
My trick is simple I enter only in a Slump time and also only in Low Priced areas where ground realities are better, the Most important for me is Land acquisition. Then by the grace of God there is not down fall may be less growth or more growth or Stagnant price for few years. I never invest by taking Loan etc. I like smooth growth than fluctuations. Assets are not to give you hypertension rather it is for peace of mind.

Shahzad Qamar replied on Sunday, April 26, 2015 11:35 PM PST 

I think I have similar strategy, waiting some good correction to re-enter but it does not seem to happen in near future lolzz

Rasheed replied on Monday, April 27, 2015 05:42 AM PST 

You don't have to wait for correction. There are other ways to make money like buy the worst house on the best street. Do it UP. Chances of loss are very low.

Shahzad Qamar replied on Monday, April 27, 2015 05:39 PM PST 

Raheel saab excellent suggestion, but qasmay Allah di, it is very difficult to find such opportunity specially when we are concerned about Qabza and fraud.
>
(61353)
Saturday, April 25, 2015 10:23 PM PST 
NFC phase 2

Dear CMY sahib / LRE Team

What is the future of NFC phase 2. Is there any chance of its development in near future. Kindly reply.

:h :h :h

Muhammad Ameen replied on Saturday, April 25, 2015 10:29 PM PST 

Experts and CMY saab please comment on this.As many people want to know the answer of this question also please explain
1.What is the price estimation on 150 FEET ROAD MAIN BOLAWARD IN NFC.
2.Where you will see the nfc price in next 2 years.
3.I have heard that there are some mortgage plots there.Please confirm this and is there any method to avoid those mortagage plots.
4.What is the price of Main commercial and where you will see its price in 2years.

Jameel replied on Sunday, April 26, 2015 12:00 AM PST 

150 Feet plot i am not aware But average
Location plot is available in 30 to 37, [Including development charges] 100 fee Road plots are about 10 Lac Plus, about 45 lac and 150 should be 10 lac more plus.[just an estimate]
When you make Token make clear and write on receipt, If you ask NFC society they usually tell that it is Mortgage Plot, More reliable is LDA office. Mostly plot on the Back are Mortgage. But exact numbers no one knows.
In 2010 I met their Cheif engineer, and asked question about development he said there is possibility that more charges will be levied on the members to Complete the development. i did not hear any news. Neither they send any notices to the people for any fines or cancellation of plots.
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(61352)
Saturday, April 25, 2015 09:37 PM PST 

I mean is impact is s loop on dha rehber 3
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(61351)
Saturday, April 25, 2015 09:35 PM PST 

What Will be the impact on Dha rehber phahe 2
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(61350)
Saturday, April 25, 2015 08:50 PM PST 
Impact of Southern loop of ring road on Ferozpur Socities

Dear Friends/ Experts

Does this approval of Southern loop of ring road affect prices on Ferozpur road schemes such as Bahria Nasheman, Central park, Grand Avenue? Please shed some light on it

Regards
Ahsan

Rahza replied on Saturday, April 25, 2015 09:10 PM PST 

LRR will have sufficient imapct on DHA phases....i think

Shahzad Qamar replied on Sunday, April 26, 2015 05:53 PM PST 

For sure there will be impact but it is better not to invest now based on this estimated impact. better wait till the construction starts and then invest when the route will be 100% clear
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