Lahore Real Estate Forum

Sunday, October 4, 2026 10:10 PM
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(60261)
Sunday, October 12, 2014 08:36 PM PST 

Dear LRE

I need an advise on the following:

1. Whats the best investment for a period of 4 years for a 1 Kanal plot in DHA ?

2. When is the balloting expected for DHA Phase 8 Z block and whats its exact location? Is it worth investing in it ?

3. Whats the location for DHA Islamabad Phase 2 Extension ? How good it is as an investment for next 3-4 years ?

4. Whats the future for DHA Phase 9 and when is the balloting expected ?

4. Any chance of property prices to go on the down side as they have been on a peak for quite sometime ?

Thanks and Regards

Ahmed replied on Monday, October 13, 2014 01:13 AM PST 

Very interesting questions, especially 2,4 and 5. Would like your expert analysis here sirs

DHA analysis replied on Monday, October 13, 2014 02:29 PM PST 

DHA analysis replied on Monday, October 13, 2014 11:28 AM PST

Will not go down any soon since no other business in Pakistan to do other than property.

Won't go up as well or if it would go up consider it would be very little and that would only make up for inflation that is coming soon ( which I hope I am not correct).

If you have brought some property you have to wait like 5 years to see growth

If you have not , I advise you to stay away.

Ahmed replied on Monday, October 13, 2014 03:45 PM PST 

What if you are in the market to buy property in lahore for your own home? Would this be the right time to purchase?

Shahzad replied on Monday, October 13, 2014 05:04 PM PST 

Property market will be down next year following stocks - first or second quarter.

Ahmed replied on Monday, October 13, 2014 08:13 PM PST 

So I should hold back on the buying sir @Shahzad? Can you please elaborate on why you think so?

Shahzad replied on Tuesday, October 14, 2014 05:56 AM PST 

investments are all about making money. property market has reached its potential.

Shahzad replied on Tuesday, October 14, 2014 05:59 AM PST 

Simple rule - money on hold for longer period without further potential mean sell & sell all...then reinvest at low.

Ahmed replied on Tuesday, October 14, 2014 06:16 AM PST 

I suppose that would make sense considering market is stagnant for the past year I think. When do you believe this selling phase will start then Sir?

Shahzad replied on Tuesday, October 14, 2014 12:40 PM PST 

Nobody can give exact time, only prediction. My prediction is it is not far now, latest during next year first quarter or second quarter

Shahzad replied on Tuesday, October 14, 2014 12:42 PM PST 

In these situations, best is to buy already dead market but with good name and for that you need to search the market (no suggestion from my side) & brother I am not "Sir" just a "Friend".

ajaz replied on Tuesday, October 14, 2014 01:22 PM PST 

to gain profit, normally i see people going for a kanal file in DHA , just to wait for the ballot in a hope to get profit, whereas in the same capital they can buy a smaller plot in dha ready for possession and than can gain profit.
a typical eg is 1k file of phase 9, and a typical eg of buying a plot is ph 9 town...for above.
To me ph9 file has eached its peak , but there is still a cushion of earning in phase 9 town in a year to come.time for earning in ph 9 file was last year when it was at 35, not any more.

Shahzad replied on Tuesday, October 14, 2014 04:05 PM PST 

Considering balloting in 2016, possession in 2021 & good marks for
location the fair price of kanal file is 42 as of today. Simply buy with closed eyes if it reaches this value or below.If impossibly balloting is next month the fair value is 50 but file might reach to 55+ due to overheat market.

FRIEND KSA replied on Wednesday, October 15, 2014 01:20 AM PST 

Really very happy to see healthy discussion on this forum.otherwise this site has become just INQUIAY COUNTER ,to check file/plot price

FRIEND KSA replied on Wednesday, October 15, 2014 01:25 AM PST 

Means INQUIRY COUNTER to check file/plot price.Missing LRE
team golden guidelines for investment
>
(60260)
Sunday, October 12, 2014 08:34 PM PST 

Dear LRE Team,

Since DHA Gujranwala has also been launched and they are giving 10 marla / 1 kanal for 20 lacs / 40 lacs which is much lesser than Fazia prices?

How do you compare both of these societies potential wise and project delivery wise and location wise?

I will appreciate your valuable insight.

Aslam replied on Monday, October 13, 2014 02:50 AM PST 

DHA
prices doesnt include development charges.
>
(60259)
Sunday, October 12, 2014 03:40 PM PST 
1 kanal.price.in DHA phase 6

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
lahore
DHA
6
N
841
1 kanal
How much am I expected to.get for 841N block (phase 6)?

Lahore Real Estate replied on Monday, October 13, 2014 01:07 PM PST 

AOA
Dear Sir
Your Plot Worth
DHA Lahore Phase 6
N 841@115 Lac

Hassan Raza Lahore Real Estate
03028449766
>
(60258)
Sunday, October 12, 2014 03:33 PM PST 
Price of 10 Marlas in State Life Phase 2

Ad Type
City
Scheme
Phase
Size
Wanted
lahore
State Life
2
10 marlas
I want to buy 10 marlas plot in state life phase 2. What is the price?

Lahore Real Estate replied on Monday, October 13, 2014 02:51 PM PST 

Dear Sir,
In State Life Phase 2 EE 937 Facing Park (10 Marla) is available at 21 lacs. Few more locations available
contact for more info.

Ch Saeed
Lahore Real Estate
+923224333661
Email:INFO@LREPK.Com
>
(60254)
Saturday, October 11, 2014 12:23 AM PST 

Hello Dear LRE Team Aslam o Alakum

I have few questions on which your expert opinion is requested:-
- I own a 1 kanal plot in DHA ph 7 X block plot 196/1. What is the market value of this? I m interested to sale. Should i sell it or wait for some time?
-what are the prospects of Z block phase 8 file? Should i sell it or wait for some time? what could be broad time frame when balloting is expected?
- I am interested to buy 1 kanal plot in DHA budgeting between 1 crore to 1 crore 25 lac where i can construct a house with in 1-2 years. So in which area i can get the plot.

Thank u in anticipation for your kind help

Shahzad replied on Saturday, October 11, 2014 05:28 AM PST 

Phase-7 R S T U

Lahore Real Estate replied on Saturday, October 11, 2014 07:24 PM PST 

Dear Sir,
DHA Phase 7 X 196/1 is valued around 85 to 88 lacs. There is no confirm updates available when dha is going to balloting of dha phase 8 z block. You can buy one kanal plot in dha phase 6 around 125 to 135 in surrounding of houses or dha phase 7 R block for house construction. DHA Phase 8 is also appropriate option as well.


Lahore Real Estate
Email:INFO@LREPK.Com
>
(60253)
Saturday, October 11, 2014 12:05 AM PST 

Dear friends
Pl guide me for BT Islambad ph 9 ten merla file current going rate, I had this file since 2005 and its paid fully RS 810000.
regards
>
(60252)
Friday, October 10, 2014 10:41 PM PST 
>
(60250)
Friday, October 10, 2014 10:37 PM PST 

Dear LRE team
Salam
I own a plot in phase 7 x block plot no 196/1. Please could u evaluate the price.

Lahore Real Estate replied on Saturday, October 11, 2014 07:14 PM PST 

Dear Sir,
DHA Phase 7 Near X 196/1 is valued around 85 to 88 Lacs.

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(60249)
Friday, October 10, 2014 10:32 PM PST 
>
(60248)
Friday, October 10, 2014 10:31 PM PST 

Dear Sir,

Please assess below plots of DHA Phase 7 Lahore

1. near Y 892 1K Residential
2. near CCA4 Plot No. 72 4 Marla commercial

Lahore Real Estate replied on Saturday, October 11, 2014 07:18 PM PST 

Dear Sir,
DHA Phase 7 Near Y 892 is valued around 90 to 92 Lacs.

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(60247)
Friday, October 10, 2014 08:23 PM PST 
Evaluation of dha phase 7 plot

Dear Sir, can you give me evaluation of my plot No u-782 dha phase 7. I can see the prices not rising since last 8-10 months. Is there a specific reason. And when can we expect any rise in price?

Lahore Real Estate replied on Saturday, October 11, 2014 07:20 PM PST 

Dear Sir,
DHA Phase 7 Near U 782 is valued around 90 to 92 Lacs.
Prices of phase 7 are stagnant due to selling pressure

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(60245)
Thursday, October 9, 2014 07:24 PM PST 
DHA Comparison

Hi
I have one question. Why the rates of plots and bungalows in Karachi Defence is almost twice as much comparing Lahore Defence for comparable units. Why is that?

This is despite the fact that karachi has varoius issues like security and water shortages and Lahore has better living and people.

Please provide your analysis.

Shahid replied on Friday, October 10, 2014 01:28 AM PST 

Karachi has lesser safe places like Defence & Clifton to live for the rich families that's why its
prices are higher whereas Lahore has so many different options (Housing societies) to live that's why Lahore Defence prices are lower than Karachi.
This is just my assumption, may be I am wrong

Sheikh replied on Saturday, October 11, 2014 12:21 AM PST 

Also there is a fact now in Karachi its Community Living Started....if you compare
prices every area is expensive....i.e in Nazimabad and FB AREA house price is more then 10 Crore for 1000 Sq.Yds ( 2 kanal) old house but prefer buyer will be urdu speaking...in Rizvia...Ancholi etc same prices but our Ahle Tashee Brothers are Big buyer there.....Then in Shabirabad and Alhamra Area you will find our Daudi Bohra Jamat Brothers....in Dhorajiii you will find only memon buyers and in Gulshan e Iqbal etc You will find Pakhtoon Brothers..IN DHA most of the resident are Sindhis and Punjabis Business Families.....
In Lahore Same pattern is now follwing on...Like in DHA specially BB Block mahority is our Ahle Tashih Brothers as compare to other areas and same is the Case in Shadman and Shahjmal Areas but its not yet expanded so maybe in futuer this pattern of Community Living will Proceed.

DHA either in Lahore or Karachi its a community mix......
>
(60243)
Thursday, October 9, 2014 02:40 AM PST 
Plot Evaluation

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
Lahore
DHA
7
Y
3608
1 Kanal
Dear LRE,
Can you please evaluate DHA phase 7 Y-block 1 kanal plot no. 3608?



Thanks,
Pansota

Lahore Real Estate replied on Thursday, October 9, 2014 04:34 PM PST 

Dear Sir,
DHA Phase 7 Near Y 3608 is valued around 75 Lacs.

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com

Pansota replied on Thursday, October 9, 2014 05:37 PM PST 

What is your future outlook regarding Y block phase 7? When is DHA giving possession and what price would you expect in next 6-8 months?

What is your recommendation on this sector?

Thanks

Lahore Real Estate replied on Thursday, October 9, 2014 08:27 PM PST 

Dear Sir,
You can expect DHA Phase 7 Y block Possession (New Cutting / Extension) in 2016.Currently Phase 7
prices are at lower side because less trading and tremendous selling pressure. if political stability prevails after 6 months little rise in prices expected of phase 7.Your plots has weaker location in Y block.

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com

Shahid replied on Friday, October 10, 2014 01:18 AM PST 

Dear Mr. Hassan Raza

Why is selling pressure only on Phase-7? Any specific reason?
I mean, Phase 6 & 8 looks stable.

Waiting for your valuable comments

Lahore Real Estate replied on Friday, October 10, 2014 02:37 PM PST 

Dear Mr.Shahid,
You are right Phase 6 and phase 8 is stable but dha phase 7 trading is very low. Buyer are willing to buy in dha phase 8 and 6 more unless has low budget.Even Possession has no impact on
prices in dha phase 7

Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
>
(60242)
Wednesday, October 8, 2014 05:02 PM PST 
Construction cost of 1 K home in Izmir society

Dear Friends,
Kindly guide me how much is the construction cost for building 1 kanal home in izmir society.
I appreciate if some one guide me floor wise.

thanks

Abrar ismaeel replied on Thursday, October 9, 2014 01:17 AM PST 

120 lacs for best quality Gray structure and fancy finishing

Ehtesham ulhaq replied on Thursday, October 9, 2014 06:00 AM PST 

One of my friends house is under construction in Valencia & so far he has spent around 80,00,000 grey work, marble/tiles, bathrooms,false ceiling windows r done, doors & kitchens need another 15 lacs.

Ehtesham ulhaq replied on Thursday, October 9, 2014 06:01 AM PST 

Forget to mention covered area is around 6000 ft. i.e. 2 full floors + half of third floor.

Habib replied on Thursday, October 9, 2014 02:26 PM PST 

3rd Floor is usually not allowed in Valencia I am surprised

Dr. Irfan replied on Thursday, October 9, 2014 02:56 PM PST 

thanks for the
update my friends.
I have a very limited budget and also i also d'nt want covered area to be very large.
My budget is 4 million Rs.
Now should i go for grey work ( both floor) or should i go for full work on ground floor only.
kindly advise.

Ehtesham ulhaq replied on Saturday, October 11, 2014 07:01 AM PST 

Irfan: It's your decision. If it's me I will go for one complete livable floor instead of ending up nowhere.

Habib: You r right, 3rd floor is not allowed but he has done it. From front u see only 2 floors & room for staircase but behind it he has covered around 1200 Sq.ft. Not yet finished, not sure about completion certificate.

Dr. Rashid replied on Sunday, October 12, 2014 08:37 PM PST 

Dear Mr.Dr Irfan I am phd in civil engineering and teaching in U.E.T since 20 years.I want to share my experience of my life.When i was 25 years old i had constructed my father house with labor rate.That period and experience with sub-contractor Mr. Mehdi was wonderful.He has completed my all work,He was alone with his labors but i found him one of the best among al in his working method.Then after 15 years of my life i had constructed a 12 marla home in Johar town.I hired a lahore most famous sub contractor Mr. Tariq.He was very cheat,liar and unprofessional as well.I made more than a loss of 100000 rupees even in labor rate.In middle of the project i kicked him out and was very worried.At that time i completely forgot about my 1st sub contractor then my Mother one day remembered me about him.In that time i had taken so many sub-contractors,all were giving me different rates.He was above 60 years of age and I was stunned that he is still doing work.He came to my project and started working on it.At that time he was working with material rate..Whatever he asked i gave him that rate coz i knew about his truth,selfless,professional and reliable personality.

I am 100% sure u cant find such people who has no greed in this life and who does their work not for wealth but for passion.He completed my work with best service.I said that you are not better than me but from all civil engineers as his wish was always to be a civil engineer.He has taken all work with material but yet he always came and gave me material rates.And i was always surprised that his rates are even low then market rates whenever i check then rates are only high in which quality is concerned,because he was the guy who really dont compromise in his quality and work and i m recommending you that hire a professional like him as rates and
prices does not matter because in the end bad and cheap material and work costs you more.Still he is the one who always asks you before taking any material that whether you want it or not.

Now the story ends in an emotional way,i am now above 50 years of age and on January 2014 i needed to make upper portion of my home.There was none but one Mr. Mehdi so i visited him again,he is above 70 years now & still very energetic and lively,He stood up and embraced me for honour,i was really weeping when i saw him as old man with white beard.He said i dont work now.That was a word which made me cry out then he hold me up stood me with happiness that his only youngest son out of his 4 daughters Mashallah became Civil engineer from uet lahore,a great pride moment for him and his son has taken his farthers company on his footpath of truth,diligence,hard work.I talked to his son and given him my all work with material rate.He came to me day by day and only in couple of meetings i noted he is the second Mr. Mehdi in both work,quality and sincere,I couldnt believe that he worked with me like its his own house and was giving me again rates,material qualities,specifications and much more varieties in his products.God has given him his fathers prayers.

He completed my all work in 1800 rs/sqft and what a home has he made for me in that price.This looks me very unreal whenever i see other sub-contractors especially in our construction field then there are Angels like Naqvis in this earth.May Allah helps them for their wealth and health.They are working for 30 years in lahore and still they are very normal Haq Halal persons who earn only reasonable profit thats why Haq halals can not buy bunglows big cars and rich life in my Country Pakistan.Alas !!I am recommending you that these are true Changers whom if u meet only one time in life you will give them work blindly and whenever u ll check them in their work,quality and even market price rates you ll be surprised.I can give you people his son number if you ll want to have any civil engineering related work.As working for complete construction & finishing works you ll not need even to go market for doors,windows & paints.I suggest to hire him even for consultancy in const. or material rates.

shawn replied on Sunday, October 12, 2014 10:46 PM PST 

@ dr rashid

can u please give us his mobile number and company name and
location. Thanks

raheel replied on Monday, October 13, 2014 04:40 PM PST 

dear Dr.rashid sb.
please give phone no. & name of company,
thanks.

Sohail Shafi replied on Tuesday, October 14, 2014 01:57 PM PST 

Dear Dr. Rashid Sahib,
Please give the number and name of the person.
Thank You

Usman Dar replied on Wednesday, October 22, 2014 04:58 PM PST 

I think the post by Dr. Rashid is fake and maybe he is the Contractor by himself. He used fake name, as i have a sister studying in UET and she has confirmed from Dr. Rashid Hameed Mughar about this post and Mr. Mehdi, He denied any such post and said he has not recommended any such contract on any Internet Blog.

AG replied on Sunday, November 16, 2014 06:25 AM PST 

@Usman: Please verify it from Dr. Imtiaz Rashid who has been teaching since 20 years almost, not Dr. Rashid Hameed.
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