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(55578)
   Riaz
Monday, December 3, 2012 02:09 PM PST 
Reply: >
10 M PLOT IN NAZ TOWN LAHORE FOR SALE
Ad Type
City
Scheme
Block
Size
Demand(Rs)
For Sale
LAHORE
NAZ TOWN
B-BLOCK
10 M
1,300,000
12 Marla Plot in Naz Town Lahore (Adjacent to Valancial Town) for immediate sale.

Or anybody wants to exchange with Valancial, Wapda, or other nearby societies, I will pay the difference.

Price: Rs. 1,300,000 (Negotiable).
Naz Town replied on Monday, December 3, 2012 02:30 PM PST 

I heard there is serious litigation in Naz Town. Buyers are cautioned to double check any issues before buying.
Riaz replied on Monday, December 3, 2012 03:49 PM PST 

I do not think there is anything like that as this is not a new society. This as old as Valancia and Wapda. I myself had bought this plot 30 years back.

I just recently got my INTIQAAL documents renewed by Patwari and ALHAMDULILLAH there is no problem in my plot. Naz Town Administration is also sitting in the society and if anyboyd has any doubt he can go to them for further clarification.

Thank you;
Javed replied on Monday, December 3, 2012 06:34 PM PST 

Dear Riaz, if every thing is fine, then why you want to shift across the road to wapda or Valancia !!!!!!

Do,nt you think that double registry and qabza mafia is highly active their.Surprisingly low rates also make it suspecious.
Riaz replied on Monday, December 3, 2012 08:05 PM PST 

Dear Javed, thanks for your comments. In fact, Naz Town is not developed properly. Roads are narrow and residential atmosphere is not like Valancia or Wapda. I need to build house now and decided to move any other society where roads are good and living atmosphere is better than Naz Town.
Ahmad replied on Monday, December 3, 2012 10:05 PM PST 

In our culture honesty is seldom appreciated. The poor guy has merely placed an advertisement and "awam" has jumped in criticizing for no reason. My cousine has recently bought plot in Naz Town and he is pretty satisfied with it.

A joke suits for raw commentors:

A person was eating goal gapay. A marasi passes by and asks "Baho jee khata dalwa lo phir maza aaye gha". mama kha koi raha hay aur .................
Not so fast replied on Tuesday, December 4, 2012 01:34 AM PST 

:)

By your own definiton and joke you acted like a marasi by jumping in a serious discussion with your goal gapay.

It is important to discuss the pros and cons. The potential buyers have rigth to be skeptical and ask questions. If someone cautioned buyers about litigation that is good too. Mr. Riaz seem very decent person and he has answered the questions very politely, even thanked people who asked questions or objected. But you are the one who acted like the joke you mentioned.

If your brother is satisfied that does not mean every plot in Naz Town is litigation free, does it?
Riaz replied on Tuesday, December 4, 2012 11:53 AM PST 

I appreciate the comments from "Not So Fast". If anyone can guide me truly what is the market rate of 10 M plot in B-Block of this society so that I could determine the final price and make final deal with interested brothers who have approached me to buy.

Thanks;
tabi replied on Thursday, December 6, 2012 09:17 AM PST 

I think its rite price u mentioned 13lac 50thouand up or down, but I recommend not to sale. KSA recently acquired it and expected to change its look in a couple of years. The other point I have in my mind is u can not even buy 5 marla plot out of this money. Better if ur plot is not disputed. You just start construction and do the best new style construction out of the money rather waisting on this plot location change. U can also buy a new plot in ido town for future investmen. They r also cheap n after connection of road development come closer like few min drive. I m sure in few years it ll be in better shape. Rest is ur personal decision.
tabi replied on Thursday, December 6, 2012 09:36 AM PST 

Sorry its LDA instead KSA, my mobile auto tying.
Ashraf replied on Sunday, September 8, 2013 06:29 AM PST 

Is it sold?
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(55577)
   SJ
Monday, December 3, 2012 01:31 PM PST 
Reply: >
House Construction
Ad Type
City
For Sale
Lahore
Dear friends,

I am planning to start the house construction of my one kanal plot at phase-8 (ex parkview). Kindly guide me a good architect (with average fee) and please let me know the estimated map approval charges of cantt board & DHA

Thanks
>
(55576)
   Opinion
Monday, December 3, 2012 07:13 AM PST 
Reply: >
I have budget of 7-8 lacs only and want to invest for 3-5 years, can someone guide me please where to invest where I can get good return in 3-5 year period of time.

Thanks,
Longterm NFC2 replied on Monday, December 3, 2012 06:54 PM PST 

Buy a 5 marla plot in NFC phase 2. The development is very very slow since it is cooperative housing but in this budget you have very few options. In 5 years it will give you good return. Another option is statelife phase 2 but avoid that by any means. They were not even able to get the map approved in last 6.5 years. There are a lot of issues there. Statelife 2 is also cooperative. It fits your budget, and may be tempting but avoid it as due to previous corrupt managements this societyis practically bankrupt at this point.
Ashraf replied on Wednesday, December 5, 2012 02:31 AM PST 

10 Marla in nfc 2
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(55575)
   Phase9Query
Monday, December 3, 2012 04:26 AM PST 
Reply: >
1Kanal Phase9 file price before Balloting
Quick question to ask to CMY or any expert on DHA Phase 9 (1 Kanal) FILE :

Like CMY mentioned in his earlier post, 50 Lac is expected value for worst location plot after balloting, that would mean Rs.15 Lac of development charges included in that 50 Lac. So the actual value of plot to owner is Rs.35 Lac because owner's will be given Rs.35 lac after deduction of development charges of Rs.15 Lac regardless he/she has started paying installment of development charges or have paid in full.

Would it not be better & wise decision to sell the file before balloting if the rate of the File is around Rs.40 Lac before balloting?

Would appreciate your comments on this.
Thanks in advance.
Ahmad replied on Monday, December 3, 2012 06:35 AM PST 

This is a ongoing process. It depends what you want to do with money. If you sell around 40 there will certainly be buyers present. But 2 years from now, the new buyers become sellers until the area gets populated and families settle down. 40 is not a price to sell DHA-9. Aim minimum for 45. If it touches that level there are chances that price will come little bit down after ballot for bad location plots. In my view, the real beneficiaries are those who bought file during last 18 months or those who will get good location plots like on main road, facing parks, and corner ones.

At the end, only Allah knows better. Saman 100 year ka pal ki khabar nahin :) ...
DHA 9 installment plot replied on Monday, December 3, 2012 03:53 PM PST 

My dear 50 Lac is price of worst plot. If you get among best plot worth 75 Lac or more, you get a profit of 25+ Lakh. For average plot you get profit of 15+ Lac.

God knows may be DHA will sell on installment at 85 Lac or 80 Lac. In DHA 8 when property was crashed they sold plots at 55 Lac on installments. At that time DHA 6 plots were available for 55 Lac. Now plots have gained 30 Lac. And prices have doubled in some DHA phases and other schemes. So if DHA sells one kanal now on installment, they will sell for 85 Lac or minimum 75 Lac in light of current market conditions. The commercial plots of last ballot are now selling for as much as 2 Crore profit only after 18 months, so if DHA 9 one kanal plot is sold on 75 or 85 Lac on 3 years installments, there will be thousand of buyers willing to try their luck again. Amazingly just like DHA 8 those plots will also sell on premium.

Many people thought DHA 8 was expensive at 55 Lac on installments and now buying the same for 90 Lac on cash down payment. So DHA 9 should be sold on installments for 75 Lac or 85 Lac only, looking at prices in other phases of DHA. Even in DHA 9, 10 Marla plot on cash payment is sold for as high as 45 Lacs. So on installments price is usually 30% more.
Khan replied on Monday, December 3, 2012 06:23 PM PST 

Logical analysis....................................well done
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(55574)
   Raza
Monday, December 3, 2012 03:56 AM PST 
Reply: >
Assesment of Price
Dear LRE Brothers,
Can you please share any expected date for Phase-7 P Block Possession?
also i need price assesment for plot around 230-P in Phase-7.

Regards
Hassazn Raza replied on Monday, December 3, 2012 05:31 PM PST 

Raza Sahib,
Your plot has worth of 73 Lacs.

Hassan RAza
03028449766
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(55573)
   umer
Monday, December 3, 2012 02:28 AM PST 
Reply: >
best investment in Lhr?
Ad Type
City
Scheme
Phase
For Sale
lahore
DHA
7,9
Can you please guide regarding few things:

1- Best investment with 25 lac?

2- In dha phase-9, 5-marla and 10-marla expected balloting date?

3- In dha pahse-9, what will be the development charges of 5-marla and 10-marla?

4- from where will be the approach of dha pahse-9?

5- is dha phase-9 file a better investement or dha pahse-7, Y-block 5 or 10 marla plot with 25 lac budget?
>
(55572)
   Advice Seeker
Sunday, December 2, 2012 07:50 PM PST 
Reply: >
Hi everyone,

First of all, I am very thankful to LRE team for keeping all of us updated about the progress in property. A person like me who had no idea about property is now updated with your help :-)

I am seeking suggestion from all respected members and visitors of this page about the Residential Apartments in Air Avenue, phase 8.

Today I visited the building and found out that 2 bed(5 Marla) apartments are between 38 - 45 and 3 Bed(almost 9.5 Marla) is of 70 - 80 Lac.

I have a budget which can accommodate the 2 bed apartment and considering my small family, I am looking for something small.

Before I proceed any further on this, I am seeking your input as whether I should buy the apartment or not considering it is in Phase 8 and may grow with the passage of time.

Please spare sometime in giving your advice on the reputation/development planning and future perspective of the Air Avenue Luxury Apartments.

Thanks in advance
Anon replied on Tuesday, March 26, 2013 07:51 AM PST 

I would not spend a penny on urban developer. it's been 5 years that i am waiting for apartment and the floor is not even ready
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(55571)
   CMY
Sunday, December 2, 2012 06:28 PM PST 
Reply: >
Cant You Guess This Place :)
Cant You Guess This Place :)
Divine replied on Sunday, December 2, 2012 06:42 PM PST 

Divine garden
Khan replied on Sunday, December 2, 2012 06:57 PM PST 

Bahria Town................
PROGRESS replied on Sunday, December 2, 2012 07:05 PM PST 

Safari Villas....Bahria Sector B
Hussain Kaisrani replied on Sunday, December 2, 2012 07:16 PM PST 

Safari Park, at Central Avenue, Safari Villas, Bahria Town, Lahore.
Salman replied on Sunday, December 2, 2012 07:52 PM PST 

why you used filters on this pic
Sanda replied on Sunday, December 2, 2012 09:01 PM PST 

This is "Sanda Kalan"
fsaeed replied on Sunday, December 2, 2012 09:10 PM PST 

Bahria town Lahore
Tanweer. replied on Monday, December 3, 2012 12:55 AM PST 

I give up :(. What is this place CMY Bhai.
CMY replied on Monday, December 3, 2012 01:04 AM PST 

Bahria town Lahore Safari Villas
qasim replied on Monday, December 3, 2012 01:19 PM PST 

safari villas bahria town lahore
babaG replied on Monday, December 3, 2012 02:23 PM PST 

CMY Saab,

It's Safari Villas in Bahria Town. :)

Watch the price skyrocket there now ;)
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(55570)
   awais
Sunday, December 2, 2012 06:14 PM PST 
Reply: >
Dear CMY
I have one plot at Umar Block (BT-LHE) corner, aprox 200 Sq yard (8M), # 634.
I really appreciate your advice on the below:
1) If I construct a two story house for small family (A quality) how much it will cost me with material and what will be best covered area.
2) What the current sale prices of my plot is in case of sold the same and buys one ready 8 / 10 Marla safari villa in good location and corner plot.
Awais replied on Monday, December 3, 2012 06:25 PM PST 

Dear Hussain Kaisrani Sahib
appreciated for your kind advise on above post. thanks
Hussain Kaisrani replied on Tuesday, December 4, 2012 12:56 AM PST 

Dear Awais,
Thanks for remembering me.
When you or some other friend specifically addresses CMY Sahib (USTAD WADDA) then people like me do not find it appropriate to reply the post.
1. The covered area would certainly depend upon your budget and family requirement. In my humble opinion, the covered area should be as standard construction in the area. It will also help to sell or rent out your home easily (if or whenever it is needed). In this situation the covered area should be around 3,300 sq.ft. (It also includes the mumpty and a small room on second floor which has been recently permitted by Bahria Town Lahore.
2. As I am not directly involve in sale purchase matter so I can only provide you an idea of the sale price of your plot. Please DO NOT depend on it. Your plot should be sold around Rs.25 Lac.

If you are in the position to construct your home by your own then it would be far better and economical than buying a Safari Villa. But living is Safari Villas is far better than any other block of Bahria Town.
Good Luck.
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(55569)
   Syed Ali
Sunday, December 2, 2012 05:34 PM PST 
Reply: >
I have a question about phase 9
i am extremely confused whether the file i have, should i sell it before balloting or hold it.
need some solid and detailed advice with all the pros and cons.
would eally appreciate it.
thanks
Khan replied on Sunday, December 2, 2012 07:48 PM PST 

Read carefully the below mentioned comments given by CMY and decide yourself:

CMY replied on Friday, November 30, 2012 12:18 AM PST

Also many friends in email asked me what is expected price of DHA Lahore phase 9 before ballot and after the ballot.

I am expecting DHA Lahore phase 9 to see 35 to 38 lacs price before the ballot. I am expecting the DHA phase 9 one kanal plots to sell from min 50 lacs for the worst locations to as high as 75 lacs for 150 feet road facing park or corner plots from day one of ballot.


Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com
Malik replied on Sunday, December 2, 2012 09:28 PM PST 

@Khan/LRE can you confirm that development charges are included in that price 50/75 lacs?

Thank you
Khan replied on Sunday, December 2, 2012 11:07 PM PST 

Yes, estimated price includes development charges.
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(55568)
   Khalil Rajput
Sunday, December 2, 2012 05:16 PM PST 
Reply: >
Ballot of DHA-9
After reading a logical assessment by Observer and advise of CMY I contacted my sources to find out

When is the ballot of DHA-9?

I am being informed that Defence Housing Authorities are compiling final list of military personals getting DHA-9 plots. They were almost ready to announce ballot by end 2012 but due to a long list and high pressure DHA was unable to announce ballot and now making sure all deserving individuals are on board. The list has been sent for final approval and as soon this get signed announcement of ballot will be made. It is also noticed for not to opposing high development charges.

All positive sign for DHA-9 are reconfirmed.

Good Luck :cl
>
(55567)
   Green fort 2
Sunday, December 2, 2012 04:46 PM PST 
Reply: >
Dear LRE team and Habib sb,

Please tell me pros and cons of green fort 2 lahore.

what is the price range here,

kindly help

Thanks
>
(55566)
   Mustafa
Sunday, December 2, 2012 03:46 AM PST 
Reply: >
THIRD request
Can you please advise what is the procedure to buy a DHA Lahore Phase 9 Files for 5 Marla.

Thanks Mustafa
rana replied on Sunday, December 2, 2012 03:56 AM PST 

Mustafa Bhai, your request is too general, that is why you may not have gotten a response on your earlier postings. If you ask a specific question you will get various visitors chip in on the answer.
Procedure is typically to get hold of an agent, who finds a seller. You both then go to the DHA office and transfer the file over to your name etc.
javid replied on Sunday, December 2, 2012 03:59 AM PST 

Call Fawad 0302 4489001 and get LRE account number.
Send ABOUT 4/5 lack token money and then keep watching the daily rates. The day and time you like the rate call them and ask them to book on your behalf, LRE will follow your instruction and will hold a file for you and will ask you to be present for transfer in 2/3 days and you can take the remaining amount in pay order.
sara from jeddah replied on Sunday, December 2, 2012 04:32 AM PST 

your reply is apperciatable

please clear this amount, is for 5 marla commercial plot or reside=ncial plot , kindly inform dha town 5 maral plot file price
redards ,
JJJ replied on Sunday, December 2, 2012 05:30 AM PST 

5 Marla file prices of DHA town phase 9 A,B,C & D blocks are different and would be in between 14 to 15 lacs, there are still some files in the market named DHA Town which people believe that plots will be allocated in A,B,C & D blocks against those files.
The 5 Marla file of Phase 9 rate you can see between 11.70/11.80 is for other blocks of DHA phase 9 and to purchase any DHA plot or file, you don't need to come to Pakistan if you are living abroad. I think Rs. 50,000 to 1lac is enough to send as token money to lock the deal and you have to send rest of the amount within 2/3 days as per agreement to get the plot transfer to your name. DHA will not handover allocation letter to anyone and you can collect it yourself whenever you visit Pakistan. This whole exercise can also be done through your relative or directly by LRE on your behalf. Process is simple, you just need to arrange money, 2 photographs, visa/passport copy,cnic copy and sit back and relax!!
LRE deals very professionally and you will be send scanned copies of transfer documents within 24 hours by email.
kkk replied on Sunday, December 2, 2012 12:09 PM PST 

For this 5 marla file, If the intiamation letter is received and allocation is left with DHA unreceived (coz the buyer is overseas). In this case, will this file be included in the balloting ?? coz the allocation fee yet to be paid by the buyer.
CMY replied on Sunday, December 2, 2012 12:20 PM PST 

Thanks to all for very kind comments for LRE, Highly appreciated.



Mustafa sahib to be safe only one lac token money should be sent in most cases unless price of property is above 20 lacs.

When sending token money to Lahore Real Estate I request you to please always call 03004009766 Adil Saeed first for directions about what account no etc.

NEVER EVER send any token to any body via internet or for internet deals if you have no past deals with that person or estate offices. Too much fraud these days. Be alert and be safe.

You will send token money first. When you agree to buy file at days price we send token money to seller. We set a transfer date. Rest of money is paid by your relative in Pakistan to seller after transfer in DHA office. You must transfer all money to Pakistan to your relative when or before you send us token. After token is sent to seller most file transfers are done within 24 to 48 hours.

Need more details please call Adil Saeed sahib at 03004009766 or 03224009766.

Choudry Mujahid Yasin ( CMY )
Lahore Real Estate
Mustafa replied on Sunday, December 2, 2012 02:30 PM PST 

Thank you everyone for your comments.

Dear CMY do you think this is the BEST investment for Rs 12 Lalk +/-

Regards from Amsterdam
waseem replied on Sunday, December 2, 2012 02:39 PM PST 

@
sara
It is file for resedential plots
sara from jeddah replied on Monday, December 3, 2012 12:37 AM PST 

thank u jjj ,i need LRE contact number,wants to talk to
THEM personaly ,i am surely interested in a dha town phase 9.or the number are same as MR. CMY send.
MJM Dammam replied on Monday, December 3, 2012 01:23 PM PST 

@sara - contact number for LRE - UAN +92 42 111 111 040 or 35692420, 1,2,3
Lahore Real Estate replied on Monday, December 3, 2012 03:19 PM PST 

In order to buy confirm DHA files (5 Marla, 10 Marla and One Kanal), it is Best to call Mr. Adil Saeed of Lahore Real Estate as first choice at:

+923224009766 or +923004009766
MASaeed786@GMail.Com

For DHA 9 plots of 5, 8 and 10 Marla, or for 5, 10 Marla files of DHA 9, you may also contact Mr. Fawad Ahmad of Lahore Real Estate at:

+923024489001
Fawad@LREPK.Com

Lahore Real Estate
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(55565)
   Kmc
Sunday, December 2, 2012 12:09 AM PST 
Reply: >
Phase ix
The way phase ix file is fast climbing up I believe it will touch 40 by December end. If bad location plots are worth 50 as cmy guessed it means minimum price of file should be 35.good location can go upto 60 . Time to reap profit? What is best time , now in file or after plot? Share your views
Seek replied on Sunday, December 2, 2012 01:44 AM PST 

Salam,

can some1 answer this query.

today 1K file price = 33Lacs.
if at the time of Ballot = 40Lacs
Approx. Price on the very next day of Ballot = ?
development charges= ?
if some1 wants to sell on the very next day of ballot who will pay the development charges?

thanks
Kmc replied on Sunday, December 2, 2012 04:10 PM PST 

@ seek
Depends on location. It will be the file of price on that day plus development charges(15 lac expectEd) plus good location bonus ( may go upto 10 lac) or minus bad lcation deprication ( upto -5 maximum or no effct to file price). Dev charges to be paid by buyer in lumpsum. Only insallments for original holders.
Seek replied on Sunday, December 2, 2012 05:43 PM PST 

thanks Kmc
what would be a better idea, to sell before ballot or after?
Kmc replied on Sunday, December 2, 2012 09:25 PM PST 

Hold hold hold
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(55564)
   Lahore DHA Commercial
Saturday, December 1, 2012 08:53 PM PST 
Reply: >
Lahore DHA Commercial
DHA Lahore Phase 3 Block Y Near-13 2 Marla 58 Lacs
DHA Lahore Phase 3 Block Z Near-58 8 Marla 900 Lacs
DHA Lahore Phase 5 CCA Near 93 4 Marla 425 Lacs
DHA Lahore Phase 5 CCA Near 54 4 Marla 415 Lacs
DHA Lahore Phase 6 CCA Near-53 8 Marla 550 Lacs
DHA Lahore Phase 6 Block A Near-42 4 Marla 350 Lacs
DHA Lahore Phase 6 MB Near-134 4 Marla 425 Lacs
DHA Lahore Phase 6 MB Near-86 4 Marla 425 Lacs
DHA Lahore Phase 6 MB Near-190 4 Marla 215 Lacs
DHA Lahore Phase 8 CCA-1 Near-30 4 Marla 220 Lacs
DHA Lahore Phase 8 CCA-2 Near-104 4 Marla
DHA Lahore Commercial Broad Way B Near Marla 525 Lacs
DHA Lahore Commercial Broad Way C Near 12 8 Marla 550 Lacs
DHA Lahore Commercial Broad Way C Near 244 8 Marla 480 Lacs
DHA Lahore Commercial Broad Way B Nea r 22 8 Marla 525 Lacs

For More Info Contact
LAHORE REAL ESTATE
Muhammad Azeem
eMAIL: Azeem @LREPK.COM
Cell: +92-3334177723
UAN : +92-42-111-111-040 Or 35692420 upto 23

:sh: :sh:
WOW replied on Sunday, December 2, 2012 01:23 AM PST 

Its amazing to see how these prices has evolved during last couple of years. 8 Marla at phase 8 is going for 900 Lacs that's wonderful
Pakistanis are rich they can pay 90 Million rupees for 1800sq ft of land. I wonder why prices just go high and high in all new developments and all the older phases are not as much appreciated though have strong customer base and lies in between "Abadies"
Tahir replied on Sunday, December 2, 2012 12:56 PM PST 

i have a plot near 30 MB ph 6. please tell me the estimate price and future of this plot. thanks
Imran replied on Monday, December 3, 2012 12:05 AM PST 

I agree with WOW. everything goes in opposite direction in pakistan i.e. no logic.
BilalS replied on Monday, December 3, 2012 03:35 PM PST 

I wonder if there's crude oil or gold mine underneath these :)
I mean seriously, 90 million for undeveloped 8 marla plot. Pakistanis are filthy rich, must say.
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(55563)
   Adil Saeed
Saturday, December 1, 2012 05:41 PM PST 
Reply: >
Divine Gardens 6 Marla House For Sale In Installments
Divine Gardens 6 Marla 3 Bed with attached Bath house for sale.Prime location Total price 60 lacs.Pay now around 12 lacs remaining in 2 year installments.For more info plz call Email.

03004009766
03224009766

:forsale: :forsale: :forsale:
khan replied on Saturday, December 1, 2012 06:11 PM PST 

adil saeed sab please tell me what is the total cost of 10 marla divine garden house.i am interested in 10 marla house.
zubair replied on Saturday, December 1, 2012 08:15 PM PST 

dear adil
did they complete any homes or still not finish. can you update some pictures
Adil Saeed replied on Saturday, December 1, 2012 09:09 PM PST 

@ Khan

In Divine Gardens 10 Marla house available at 93 to 98 lacs depend on location.

@ Zubair

Work is going on in all blocks. They are planning to hand over Blocks D and E first, by March 2013.
fowad replied on Saturday, December 1, 2012 09:34 PM PST 

can you please attach pictures of house, thanks
usman saeed replied on Sunday, September 9, 2018 07:24 PM PST 

if u have any house for instalment like 5,8,10 marla contact me
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(55562)
   DHA Rahbar Lahore
Saturday, December 1, 2012 03:40 PM PST 
Reply: >
LAHORE DHA RAHBER PLOT FOR SALE
LAHORE DHA RAHBER PLOT FOR SALE

NEAR PLOT NO 175 BLOCK A 10MARLA ASKING PRICE 22LACS

Mian Rashid
LAHORE REAL ESTATE
EMAIL:Rashid@LREPK.COM
MOBILE:03028409967
UAN +92-42-111-111-040 OR 95632420 UPTO 23
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(55561)
   price assessment
Saturday, December 1, 2012 05:44 AM PST 
Reply: >
Dear LRE team,
please evaluate prices of following plots,

Phase 6 K 525
phase 7 R 52

Thanks
Lahore Real Est replied on Saturday, December 1, 2012 09:11 PM PST 

@ price assessment
Phase 6 Near K 525 can be sold around 100 Lacs
Phase 7 Near R 52 can be sold around 72 to 73 Lacs

Lahore Real Estate
03004009967
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(55560)
   Confused
Saturday, December 1, 2012 04:38 AM PST 
Reply: >
Salam All,

I am bit confused. I have plaza under construction at DHA.. i am offered a fair rent by one bank.I just want to ask a question from you guys

IS money from property rented to bank who is obviously doing ribah/sood business HALAL?

My only reason to invest in rental properties because i want to keep my self away from sood as much as possible

Thanks in advance
Khan replied on Saturday, December 1, 2012 07:16 AM PST 

Though you should ask this question from Aalim e Deen.
babaG replied on Saturday, December 1, 2012 09:21 AM PST 

Confused Saab,

You will be much more confused if mullah bhai declares rental income from bank is haram because they are involved in a haram (ribah/soud) business.

In such a case, you may find majority of your potential tenants' income is not truly halal either... for example, if I engage you in a gup shup session and sell an item and sort of lie to you about the product / service... during the selling process to make you pukka customer, then mullah bhai may declare that income to be haram as well.

What if you rented your property to a restaurant business... how will you ever confirm if restauranteur goat meat or doggy / billi meat in his famous biryani ? And if it really pure goat meat (I will be a reqular customer there then), how will you ever confirm if cooking oil restauranteur used is not made from khota churbi / bones ? ...Because mullah bhai may declare all of this restauranteur's income to be a haram one... Because customers are being deceived during the buying / selling process. Makes sense ?

Khan Saab suggested you reach out to several practicing muslims and go from there. Sometimes time is well spent with a practicing muslim then with a mullah / Aalim e Deen.

Bottom line: halal / haram concept in pakistan s really tough !
Moujaan' kuri jaao bus !

rest of babayz and cheetaz are more than welcome to comment as I need to learn a lot here.
Ahmed replied on Saturday, December 1, 2012 10:51 AM PST 

Dear , not all banks are doing sood. Some banks etc are ok.more over taking and giving and record keeping of sood activity is mentioned as not allowed,but to be sure , contact 2to3 mufti and then decide yourself.
Ashfaq replied on Saturday, December 1, 2012 12:21 PM PST 

Dear Brother Confused,

I appreciated your concern. May Allah the Almighty bless all of us with same level of thoughts. As per fatwa given below, it is not permissible for you to rent a place to a bank that deals in riba, because that is helping the bank in this major sin, namely riba.

Urdu:
https://www.islam-qa.com/ur/ref/22870/building%20rent%20to%20bank

English:
https://www.islam-qa.com/en/ref/22870/building%20rent%20to%20bank

Question: We rent our complex for a bank...whether the rent which we receive from the bank is halal. please clarify.

Praise be to Allaah.

Firstly:

Dealing in riba is haraam and is a major sin. Allaah says (interpretation of the meaning):

“O you who believe! Fear Allaah and give up what remains (due to you) from Ribaa (from now onward) if you are (really) believers.

279. And if you do not do it, then take a notice of war from Allaah and His Messenger but if you repent, you shall have your capital sums. Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums)”

[al-Baqarah 2:278-278]

Secondly:

Once it is established that it is haraam to deal in riba, then it is also haraam to help others in that in any way whatsoever. That is because Allaah says (interpretation of the meaning):

“Help you one another in Al‑Birr and At‑Taqwa (virtue, righteousness and piety); but do not help one another in sin and transgression”

[al-Maa’idah 5:2]

Based on this, it is not permissible for you to rent a place to a bank that deals in riba, because that is helping the bank in this major sin, namely riba. It was proven that the Prophet (peace and blessings of Allaah be upon him) cursed the one who consumes riba, the one who pays it, the one who writes it down and the two who witness it, and he said: “They are all the same.” Narrated by Muslim, 1598.

Al-Nawawi said: This indicates that it is haraam to cooperate in falsehood.

Al-Sindi said: All of them are cursed for their participation in sin.

The scholars of the Standing Committee for Issuing Fatwas were asked:

I own a building and one of the banks applied to rent it. This bank is one of those that deal in riba. Is it permissible for me to rent it to this bank and others that deal in riba, or not?

They replied:

That is not permissible, because the bank mentioned is going to use it as a place for dealing in riba, which is haraam. Renting it to them for this purpose is helping them in doing something haraam. Allaah says (interpretation of the meaning):

“Help you one another in Al‑Birr and At‑Taqwa (virtue, righteousness and piety); but do not help one another in sin and transgression”

[al-Maa’idah 5:2]

Fataawa Islamiyyah, 2/423, 424

Shaykh ‘Abd al-‘Azeez ibn Baaz said:

There are many verses and ahaadeeth which indicate that it is haraam to cooperate in sin. By the same token it is haraam to rent property to owners of banks that deal in riba, because of the evidence mentioned.

Fataawa Islamiyyah, 2/395

The rent that you take from the bank is haraam wealth, which you must get rid of by giving it in charity. You must hasten to do that, because the Prophet (peace and blessings of Allaah be upon him) said: “Every body that is nourished on haraam things, the Fire is more fitting for it.” Narrated by al-Tabaraani; classed as saheeh by al-Albaani in Saheeh al-Jaami’, 4519.

With regard to the rent that you took before you knew that it is haraam, it is permissible for you, because Allaah said, when He revealed the prohibition of riba (interpretation of the meaning):

“So whosoever receives an admonition from his Lord and stops eating Ribaa, shall not be punished for the past; his case is for Allaah (to judge)”

[al-Baqarah 2:275]

See also questions no. 2492 and 8196

And Allaah knows best.
Ashfaq replied on Saturday, December 1, 2012 12:26 PM PST 

If bank is only dealing in Islamic products and not doing business of Riba, the situation is different.
visitor replied on Saturday, December 1, 2012 03:41 PM PST 

i think you can get more offers than bank,so to satisfy yourself you can waite and try to rent any other options,i lost my money in business ,rest of money i save in meazan bank,with that money income i always try to help some poorpeople for their daughter marrige arrangement,iam satissfy and feel free,Khuda dilon ke hal behtar janta he.
confused replied on Saturday, December 1, 2012 08:33 PM PST 

babaG

Thanks.. that's why i asked some practical Muslims at this forum
If i start thinking on your lines..i would be in trouble as after renting i cant poke my nose into my tenant's life/business or listening/taping their phone calls to know what actually actually they do or checking their oils and meet????.. I think i should look at the face value of business at this stage and then its between Allah and tenants

Ashfaq

THANKS for all of your input.

visitor

yes that what currently i m doing. i had visit from famous hospital today and they want to make their clinic/hospital at the property.May be deal would be done with them. I don't know why banks are always the highest bidder for rent????...This hospital is a famous one in Lahore charging around 5000/rs per night for private rooms(there are around 16 rooms on upper floors except basement ground and mezzanine) thus don't want to pay extra 20,000 in monthly rent. Any way few more are in pipe line. According to my understanding you cant spend Haram money on Halal things. Doing good deeds is very important but it should be from pure Halal money. Pakistani interest rates are very high and lucrative and it gives you good return but one can easily get same from wisely invested in commercial properties at DHA(from my experience in 3 to 4 years it even exceed from SOOD/Ribah because of capital appreciation)

May Allah guide us all
Jameel replied on Sunday, December 2, 2012 12:03 AM PST 

Dear confused I would advise you not to do so, as it is long term deal so will have many thoughts which will not let U sleep.
This Issue cant be resolved on Logics or discussion this id matter of Doubt.
Ahmed replied on Tuesday, December 4, 2012 12:24 PM PST 

Dear confused bhai,

Can you tell me how can one make good rental income, let me say if I invest in dha and take some cornor commercial plot or on the Main road 100 feet or what else can make it easy to get a good rental income.I mean which kind of property can give me better rental income in DHA. shall I buy 8 marla commercial plot, or 16 marla commercial plot or 4 marla commercail plot, which will be better.And with your experience what kind of rent customer are better in DHA
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(55559)
   DHA Lahore Phase 6
Saturday, December 1, 2012 03:39 AM PST 
Reply: >
DHA Lahore Phase 6 Plots For Sale
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Hassan Raza Cell: +92-3028449766
Lahore Real Estate
Phone: 042-35692420 Upto 23
UAN: 111-111-040
info@LREPK.com
Fax: +92-42-35729657
Address: 98-Y Commercial Area, DHA Phase 3, Lahore.
Ny replied on Saturday, December 1, 2012 04:56 AM PST 

Dear lahore team or if any friend can update on commercial plots in L block dha phase 6.any plots available in l block commercial .i know there is commercial on 70feet road very near to golf ground.
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