Lahore Real Estate Forum: Property News & Community Talk : Discussion Property News & Community Talk

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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

(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

(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.

(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

(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

(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

(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

(55559)

DHA Lahore Phase 6

Saturday, December 1, 2012 03:39 AM PST

Reply:

DHA Lahore Phase 6 Plots For Sale

DHA Lahore Phase 6 Near A172=115 1K
DHA Lahore Phase 6 Near A342=73 10m
DHA Lahore Phase 6 Near A08=125 70 feet road
DHA Lahore Phase 6 Near A 420=80

DHA Lahore Phase 6 Near B235=120
DHA Lahore Phase 6 Near B550=120
DHA Lahore Phase 6 Near B171=120

DHA Lahore Phase 6 Near C 409=120 corner
DHA Lahore Phase 6 Near C170=106
DHA Lahore Phase 6 Near C674=100
DHA Lahore Phase 6 Near C685=105

DHA Lahore Phase 6 Near D41/4=98
DHA Lahore Phase 6 Near D211=110
DHA Lahore Phase 6 Near D 238=110
DHA Lahore Phase 6 Near D732=59
DHA Lahore Phase 6 Near D340/1=96
DHA Lahore Phase 6 Near D 481+482=200 Pair

DHA Lahore Phase 6 Near E62=86
DHA Lahore Phase 6 Near E145=88 120 feet road
DHA Lahore Phase 6 Near E512=82
DHA Lahore Phase 6 Near E626=68

DHA Lahore Phase 6 Near F64=85
DHA Lahore Phase 6 Near F178=82
DHA Lahore Phase 6 Near F71=72 corner
DHA Lahore Phase 6 Near F113=85

DHA Lahore Phase 6 Near G507=87
DHA Lahore Phase 6 Near G246=92
DHA Lahore Phase 6 Near G601=100
DHA Lahore Phase 6 Near G93=100

DHA Lahore Phase 6 Near H287=110
DHA Lahore Phase 6 Near H404=150 corner+facing park
DHA Lahore Phase 6 Near H193=112
DHA Lahore Phase 6 Near H =340
DHA Lahore Phase 6 Near H 456=135 100 feet road

DHA Lahore Phase 6 Near J170=118
DHA Lahore Phase 6 Near J234=120
DHA Lahore Phase 6 Near J569=102
DHA Lahore Phase 6 Near J223=120
DHA Lahore Phase 6 Near

DHA Lahore Phase 6 Near K1031=90
DHA Lahore Phase 6 Near K666+667=260 pair corner+ facing park
DHA Lahore Phase 6 Near K827=96 pair
DHA Lahore Phase 6 Near K800=95

DHA Lahore Phase 6 Near L300=115
DHA Lahore Phase 6 Near L 1265=92 corner
DHA Lahore Phase 6 Near L322=100
DHA Lahore Phase 6 Near L 195=105

DHA Lahore Phase 6 Near M 373=90
DHA Lahore Phase 6 Near M 403=90
DHA Lahore Phase 6 Near M29=97

DHA Lahore Phase 6 Near N 292=96 100 feet road
DHA Lahore Phase 6 Near N 1012=100 150 feet road pair
DHA Lahore Phase 6 Near N 986=82
DHA Lahore Phase 6 Near N536=77
DHA Lahore Phase 6 Near N 705=72

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.

(55558)

Mustafa

Friday, November 30, 2012 10:57 PM PST

Reply:

Can you please advise what is the procedure to buy a DHA Lahore Phase 9 Files for 5Marla.

Thanks Mustafa

MFA replied on Friday, November 30, 2012 11:08 PM PST

@ Mustafa

Please Contact Mian Fawad Ahmad @ LRE For Buying In DHA Lahore Phase 9.
Contact No. 0302-4489001 and Email Is Fawad@LREPK.COM

Mustafa from Amsterdam replied on Saturday, December 1, 2012 03:07 AM PST

Dear Mr.Mian Fawad Ahmad MFA - can you kindly advise the process and procedure for 5 marla files?

(55557)

Dha Lahore Phase8 Plot for Sale

Friday, November 30, 2012 07:28 PM PST

Reply:

DHA Lahore Phase 8 Plots For Sale
DHA Lahore Phase 8 Near T 251@75 Lac FP
Mian Rashid
03028409967
Lahore Real Estate
Email-Rashid@Lrepk.com :pkf

(55556)

Bilal

Friday, November 30, 2012 06:39 PM PST

Reply:

Hi Salman
Please tell me the worth of DHA Phase 1 28 L two Kanal Plot
Thanks

Lahore Real Est replied on Friday, November 30, 2012 07:33 PM PST

Dear sir,
Your plot can be sold around 175 Lacs
Lahore real estate

(55555)

DHA Lahore Phase 9

Friday, November 30, 2012 06:27 PM PST

Reply:

DHA Lahore Phase 9 Plots For Sale

DHA Lahore Phase 9 Near 157 D 5 Marla @ 21.50

DHA Lahore Phase 9 Near 7 B 5 Marla @ 25.00 (150 ft Road)

DHA Lahore Phase 9 Near 1322 C 5 Marla @ 19.50

DHA Lahore Phase 9 Near 864 D 5 Marla @ 18.50

DHA Lahore Phase 9 Near 1192 B 5 Marla @ 24.00

DHA Lahore Phase 9 Near 627 B 5 Marla @ 21.50

DHA Lahore Phase 9 Near 1322 D 5 Marla @ 19.50

DHA Lahore Phase 9 Near 418 A 5 Marla @ 23.00

:1)
DHA Lahore Phase 9 Files:

*****DHA Lahore Phase 9 Five Marla File Available At 11.75 Lacs.*****

*****DHA Lahore Phase 9 Ten Marla File Available At 19.25 Lacs.*****

:1)

DHA Town Lahore Phase 9 Map:

http://www.lahorepakistan.net/DHA-Town-Phase-9-Map.htm

DHA Lahore Phase 9 Available Plots:

http://www.dhalahore.net/property-buy-sell-rent/dha-lahore-phase-9-plots-for-sale/

For More Detail Please Contact:

Mian Fawad Ahmad
Cell : 0302-4489001
Email : FAWAD@LREPK.COM
UAN : 042-111-111-040
Direct Line : (042-35692422)

:forsale: :forsale: :forsale:

Tags:DHA,DHA Lahore,DHA Lahore Phase 9,DHA Lahore Phase 9 Balloting,DHA Lahore Phase 9 Ballot,DHA Town Lahore,DHA Lahore Map,DHA Lahore Phase 9 Map,dha phase 9 prices,dha phase 9,DHA Town,DHA Town Phase 9,DHA Town Plots,DHA phase 9 Ballot,DHA Ballot,

Saad replied on Friday, November 30, 2012 06:44 PM PST

Mian sb.
CMY indicated earlier that balloting of phase 9 is expected soon.
Will these 5 and 10 marlas files be the part of this balloting whenever it happens?

Mian Fawad replied on Friday, November 30, 2012 10:42 PM PST

@ Saad

5 and 10 Marla Files Also Included in DHA Lahore Phase 9 Ballot When It Done.

Mian Fawad Ahmad
0302-4489001

(55554)

waseem

Friday, November 30, 2012 11:47 AM PST

Reply:

phase 7 possession

Any news of phase 7 possession

javid replied on Friday, November 30, 2012 02:56 PM PST

if you have a plot in non developed area OR a bad location plot in DHA-7. Switch it with DHA-9 file and retry your luck as soon as you can. DHA-9 is far better option

(55553)

MJ Khan

Friday, November 30, 2012 01:07 AM PST

Reply:

Divine Gardens

Ad Type

City

Scheme

Cur. Rate

Lahore

Divine Gardens

Need update on Divine Garden Project

Can LRE or anyone provide update on the Divine Garden project? Also, can someone update the price of 5 and 10 marla houses in Divine Gardens being offered for sale nowadys? Does anyone has any updated pictures of blocks D and E being finished to be handed over soon? Thanks.
MJ Khan

(55552)

Imran

Thursday, November 29, 2012 07:35 PM PST

Reply:

What is the excess point of Phase 5 extension and how will it be attached to phase 5?

kmc replied on Thursday, November 29, 2012 10:14 PM PST

after completion of flyovr on ferzpur road or thru phase 9 entry. 5 years

KMC_SecondVersion replied on Thursday, November 29, 2012 11:36 PM PST

KMC you dont have exact information. The underpass has been approved between DHA phase 5 and its extension M block. The work will start soon!

Khan replied on Thursday, November 29, 2012 11:50 PM PST

I consider DHA 5 "M" block will also get entrance from service road of ring road like Askari 11 has.

Humza replied on Friday, November 30, 2012 12:29 AM PST

M block is the part of phase 5 and deffinately it will get access (underpass) through A/C block when development will start for this phase.

SIM replied on Friday, November 30, 2012 01:23 AM PST

M block will always be isolated from rest of DHA. It will prove to be the XX(ph 3) block of phase 5. please invest wisely. thanks

BilalS replied on Friday, November 30, 2012 03:00 AM PST

What is the order of development. Which one will be developed first?

Phase 5 m block
Phase 7 and ext
Phase 8
Phase 9

BilalS replied on Friday, November 30, 2012 03:01 AM PST

I wonder why would dha not give a direct access from ring road to M block? whats the problem in that?

JJJ replied on Friday, November 30, 2012 05:00 AM PST

Today you can't get an average plot in less than 65 lacs. Critics to phase 5 Investment were always there since file was 22 lacs less than 2 years ago.

The same average plot would be around 75 to 80 lacs within or before next 1 year. Think if phase 9 good location would be around 70 to 75, what would be the price of phase 5 M block plot.

wajhi replied on Friday, November 30, 2012 03:07 PM PST

Developing order of following is as under

Phase8
phase 5 m block
phase 7 and ext
phase9

shaukat replied on Sunday, December 2, 2012 03:38 PM PST

dha is now focusing on phase 9 is already under very speedy development. blocks a, b, c & d will be handed over in next few months before all of the above. remaining blocks will also be developed & handed over quickly. one plan is develop dha 5 m block with dha 9 to save cost as practically m block is part of phase 9.

HK replied on Thursday, October 17, 2013 11:32 PM PST

Please update phase 9 balloting progress

(55551)

sarmad

Thursday, November 29, 2012 05:22 PM PST

Reply:

Hello ..
I would like to know the value of my plot ... itz on the main road , 208 .. sector A , phase 6 .. itz area is 10 marla ...waiting for reply .. thanks !

Lahore Real Est replied on Friday, November 30, 2012 07:43 PM PST

Dear Mr.Sarmad,
The current market value of Near A 208 is around 78 Lacs

Lahore Real Estate
03004009967

(55550)

Observer

Thursday, November 29, 2012 03:55 PM PST

Reply:

Does Size Matter in DHA 9? (i.e. Plot Size)

Comparatively which size is a better buy for 5 years investment in DHA Lahore Phase 9?

Currently:

5 Marla DHA 9 file is at 11.80 Lakh
10 Marla DHA 9 file is at 19.30 Lakh
1 Kanal DHA 9 file is at 31.25 Lakh

In DHA and other housing scheme generally there is a multiplication factor (for price) of 1.4 to 1.6 for a double sized plot with an average MF of 1.5:

i.e. generally

Price of Average 10 Marla plot = 1.5 X Price of Average 5 Marla plot.

Price of Average 1 Kanal plot = 1.5 X Price of Average 10 Marla plot.

Based on anticipated price of 5 Marla @ 40 Lakh (excluding development charges) and the MF (multiplication factor) of 1.5, after 5 years prices of average plots in DHA Lahore Phase 9 will be:

5 Marla at 40 Lakh
10 Marla at 60 Lakh
1 Kanal at 90 Lakh

40
40 X 1.5 = 60
60 X 1.5 = 90

Please note there are EXCEPTIONS based on skew in supply relative to plot size and demand of end users for particular sizes. Example: price of 2 Kanal > 2 X Price of 1 Kanal in DHA 6 and 7 due to very little supply of 2 Kanal plots and relatively high demand from home makers with deep pockets.

And currently this general rule does not apply to 5 and 10 Marla plots in DHA 9 where price of average 10 Marla plot is almost double of the price of average 5 Marla plot. But based on the anticipated supply (a large number of 10 Marla and one kanal plots be sold to public on installments) and demand of small to large sized plots it is safe to assume that after balloting this general rule of 1.4 to 1.6 MF will hold likewise in DHA 9. Keep in mind however that despite MF of 2 in DHA 9 plots, the MF for the files is 1.62 to 1.63 at this time (11.80, 19.30 & 31.25).

31.25 / 19.30 = 1.62
19.30 / 11.80 = 1.63

As mentioned above, it all depends on supply of smaller sized plots compared with the supply of larger sized plots, and demand from the potential home makers. Small sized plots (5 and 10 Marla) in large numbers are relatively a new phenomenon in DHA 9.

So, assuming average price of 5 Marla at 40 Lakh (excluding development charges) after 5 years, the anticipated prices (in Lakhs) and Price Appreciation will likely be as follows:

Plot Size	Current Price	MF 1.4	1.5	1.6	1.7

5 Marla	11.80	40	40	40	40
10 Marla	19.30	56	60	64	68
1 Kanal	31.25	78	90	102	116

	Price Appreciation	MF 1.4	1.5	1.6	1.7

5 Marla		339%	339%	339%	339%
10 Marla		290%	311%	332%	352%
1 Kanal		251%	288%	328%	370%

BOTTOM LINE: If the MF goes above 1.62 the larger size wins and if MF goes below 1.62 smaller size wins (very likely to be around 1.4 or 1.5) especially 1 Kanal Price will very likely be equal to 1.4 X 1.4 X 5 Marla Price, since there will be so many one kanal files compared with smaller sizes. The uncertainty about 10 Marla price will remain till announcement or lack thereof of more 10 Marla plots.

(Sorry for being too hypothetical about baseline price. No one among us knows the future, but there is some essential tadka of currently verifiable facts applied to possible future scenario of that baseline price)

Adnan replied on Thursday, November 29, 2012 05:43 PM PST

Dear Observer, I appreciate the statistical analysis, however, this multiplication factor depends upon many non statistical factors including location of the plot as the most primary factor. Most of the plots in phase 9 will be on 40 foot roads, also today 5 marla sounds better as there are plots on the ground and development work is being done, plus people will less cash (which is most of the population) are looking to buy them. Tomorrow, big budget guys will jump in, specially expatriates, and they would affect the price of 1 kanal more than the smaller plots. Which means that there are more chances of 1.7 than 1.5 for one kanal plots. Also, the above table takes into account existing prices, we have to remember that 5 marla is already at a high due to development work and confirmed plot status, whereas 1 kanal is currently at a lower level than it should be. Therefore, if you consider the pricing structure in say 6 months from today, the difference in price of each size will be much different, which will change the ROI factor.

Observer replied on Thursday, November 29, 2012 08:08 PM PST

One:

Since we are considering average prices in each size category, the location of individual plots (exceptionally good or bad plots) does not matter for the sake of price comparison.

Two:

I think 1.7, i.e.

{
Price of Average 1 Kanal Plot = Price of Average 5 Marla Plot X 1.7 X 1.7
}

is extremely unlikely in DHA 9 looking at the number of 1 Kanal to 5 Marla files and potential long run end user buyers. An MF above 1.7 is almost impossible for "5 Marla Price X MF X MF = One Kanal Price" formula. However, in case of DHA 9, 5 Marla to 10 Marla MF may go to 1.7 or more, if many more 10 Marla plot are not offered. That larger 5 Marla to 10 Marla MF will however reduce the 10 Marla to 1 Kanal MF. Ultimately, keeping the relationship between 5 Marla and One Kanal at consistent levels regardless of number of 10 Marla plots.

Three:

As a side note, looking at the table above, it seems relatively easier to assume 5 years Price appreciation in the tune of 300% in case of DHA 9 files, compared with assuming likewise price appreciation in say DHA 5 or 6 or 8.

If you are buying or holding one or more plots in DHA 5 or 6 or 8 priced around one Crore or more, do you really feel it is more likely to give you Price Appreciation of 300% in N number of years or is DHA 9 is more likely to appreciate to that level from current price levels.

In other words if you are buying or holding a plot in DHA 1 to 8 priced at One Crore do you think it is more likely to go to 3 Crore in next 5 years or it is more likely for DHA 9 file to go to 3 times as much from the current very low price levels. A good investment with lower budget and having good potential is much more likely to go triple in price compared with a large budget already mature item, in the same amount of time.

Moral of the Story:
If you are in it for investment purpose only (not an end user who has to make home soon on that ideal plot in that ideal phase), it is smart and prudent to liquidate some of those high priced MATURE investments and switch those funds (without further delay) to relatively low priced investments having much more potential of return on investment.

In Real Estate TIMING is always much more important than LOCATION LOCATION LOCATION. A smart investor should Make good investment at right time, Let it mature, and Switch when it is mature (MLS). You may also choose to switch when it is not mature yet, but has already given you good return too fast, because the world is always full of even better investment opportunties to choose from.

Habib replied on Thursday, November 29, 2012 08:28 PM PST

In general for an average Housing Society the Above analysis is Good small Plots are expensive than Bigger/merla, however still in Phase 5, 5 merla can be Found less than 40, wehre as good Kanal plot is 120+
DHA is sign of Grandiorisity, I my self have no concept in living in Suburban areas Like DHA if you dont have 3 cars one Driver and One Full time servents in home. Living in 5 Merla House in DHa does not suit that Concept at all, If You visit 5 merla and 10 Merla Houses in DHA 1 they look so Poor as Compared to Bigger Houses of same age and Phases.
That is the reason 2 kanal plots and Houses are Much more expensive in DHA if You go by Multiplication Factors like This This
But if You go to mid Calss areas Your analysis is 100% Correct.
The Bottom line is For Midde or Low Middle class it is not good to live in posh Localities, You can use DHA Brand but life is difficult in Budget and Commuting cost.

Observer replied on Thursday, November 29, 2012 09:20 PM PST

1. I have clearly mentioned above that there are some EXCEPTIONS even in DHA, especially for 2 Kanal plots which are few compared with demand from the home makers with deep pockets. There are other exception in other sizes too (in different DHA phases), but in general this rule also applies to DHA. And BTW the exception also apply just like DHA to all other housing schemes too. Neither this Rule, nor the Exceptions are unique to DHA only. So you will likely get lost in this Rich/Poor, Superior/Inferior theory while trying to create some special DHA factor here.

There are variables other than plot size (especially # of plots, i.e. demand and supply for potential buyers) which equally affect DHA as well as other societies. In fact I believe the desire to live in DHA for the middle class in much stronger than any imaginative inferiority complex, otherwise why would they buy a 10 Marla under development plot in DHA 9 for 45 Lakh when they can easily buy a 1 Kanal under development plot in DHA 7 for 45 to 50 Lakh. It only means that there is definitely very strong desire to live in DHA from the middle class community AND DHA 9 definitely has much better location and potential than DHA 7.

2. Even with the exception, your comparison is totally unfair, where instead of comparing average plot at similar location, you are comparing worst plots in one size category to best plots in the other size category. This is not fair and does not hold logic for the sake of accurate comparison.

3. I also mentioned above that 5 and 10 Marla in relatively large numbers and with even better treatment than one Kanal, at least so far, is a new phenomenon in DHA. This is not the case in most previous phases. Still you can verify the ratio or MF in most cases with few exceptions.

4. You need to visit again the localities of small size plots (5 and 10 Marla) in Phase 5 and Phase 3, verify the actual going rates and the sentiments of their residents towards proudly living in and being part of DHA. You will rarely find any inferiority complex, unless you have one in yourself. It is you who matter, not the size or your house. You feel inferior ONLY if you think others are superior. DHA has nothing to do with that.

5. Here are some examples for you:

In DHA 1 to 4 reasonable and comparable plot prices are (for 5, 10, 20 Marla): 48, 75 and 110. That is MF of 1.6 and 1.47

In DHA 5 reasonable and comparable plot prices are (for 5, 10, 20 Marla): 43, 68 and 110. That is MF of 1.58 and 1.62

In DHA 6 reasonable and comparable plot prices are (for 10, 20 Marla): 58 and 85. That is MF of only 1.47

In DHA 7 reasonable and comparable plot prices are (for 10, 20 Marla): 30 and 50 in same incomplete blocks. That is MF of 1.67 which is gradually going down with time, and will likely touch 1.50 level at possession time

In DHA 8 Parkview reasonable and comparable plot prices are (for 10, 20 Marla): 55 and 80 (see prices in C and C Extension). That is MF of only 1.45

In DHA 8 Air Avenue reasonable and comparable plot prices are (for 10, 20 Marla): 49 and 70. That is MF of only 1.43

In general the real MF (of comparable plots with variation in size only) goes down with time, approaching below 1.5 at maturity, with few EXCEPTIONS here and there.

BTW, I am very happy if MF in DHA 9 goes above 1.7 and always remains above 1.7, but I find it next to impossible for the long run. Something around 1.5 is more likely to happen in the long run, just like other DHA phases.

Observer replied on Friday, November 30, 2012 01:18 AM PST

RE: Development Charges

All comparisons are uniform as far as development charges are concerned. Where the development charges are not known all sizes/instruments are compared excluding development charges. Even if we include some hypothetical development charges those are a small part of the overall value and generally vary not too differently from the MF of plot price.

For example, in DHA 7 new cuttings, the development charges for one Kanal are 15 Lakh and development charges for 10 Marla are 9 Lakh. 15/9 = 1.67 similar to MF discussed above. It is reasonably fair to compare prices excluding or including development charges provided prices on both side of comparison are treated the same way. Current prices and anticipated prices of DHA 9 are all excluding development charges which is clearly mentioned. The MF will practically remain the same if development charges are also included on both current and anticipated prices. Any difference in calculations with variable but reasonable amounts of development charges will statistically negligible.

The purpose of this whole exercise is to highlight the significance of this Multiplication Factor (MF) between the prices of differently sized plots. It can be reasonably concluded that while keeping a keen eye on the current and future scenarios of Supply and Demand, when the MF is seen hovering around higher sides (e.g. 1.7), buying the smaller sizes will generally yield more return on investment compared with buying larger sizes. Likewise, when MF is too low (around 1.4) it will generally prove better to buy larger sizes and ignore the smaller sizes.

SIM replied on Friday, November 30, 2012 01:47 AM PST

Brother Observer, I am really impressed with your statistical analysis. But the point is, does it really matter at the end. The prices will be determined at last by the ruthless, Demand and supply Rule. Where poor will not be able to compete with rich. The way we are printing Currency, we can expect any price in future.
I understand that availability of habitable land is increasing in Lahore but so is the population. Be it DHA or any other Society , we can not determine or predict the future price of Land.
I know that your comparison is only between different plot sizes, but things can change any moment by the number of buyers or sellers. Thanks for sharing a wonderful analysis.

Observer replied on Friday, November 30, 2012 02:04 AM PST

Dear SIM,

Along with considering very important factors like Supply and Demand, there can be benefits of using the kind of analysis mentioned above. Demand and supply is very important BUT it changes the price only. Demand and supply does not and cannot change the worth. A smart investor has to research and be aware of the approximate or exact worth.

I would say at the very least there is no harm in using such techniques and analysis to find out the better investment options. Some times temporary developments can create inefficient markets for short periods of time, screaming to be taken into consideration.

For example, recently about 2.5 months ago, due to (temporary) large supply DHA 9 5 Marla file went down to as low as 9.15 Lakh with a very liquid market, whereas 10 Marla file was at 17.40 and 1 Kanal file was around 28, i.e. both remained stable. This represented an extreme MF of 1.9 (5 to 10 Marla) and 1.6 (10 Marla to 1 Kanal). Now based on much more reasonable MF of 1.6, the price of one Kanal should have been 24 Lakh and 10 Marla should have been 14.75 Lakh for 5 Marla to go as low as 9.15 Lakhs, and hence that disparity is now cleared with 5 Marla gaining nearly 30%. That is a huge gain in just 75 days. One Kanal file must go to around 37 Lacs for for a similar gain. But due to this MF disparity other sizes in same phase gained around 10% only in the same time. Any disparity in these prices of different sized plots within same phase and scheme can be similarly used to your benefit as an investor, especially when someone is thinking about buying, there is no harm in considering such factors to narrow down the relatively better options.

This is just one tool. A smart and educated investor ought to have many such tools in his/her Zambeel to give him/her the edge over the herd.

BTW: you said "Brother Observer", which is correct, but how did you know it could not be a "Sister Observer"? I did not mention my gender anywhere, did I? See, I found some cognitive bias right there (smile). Just like that ordinary buyers and sellers have many cognitive biases which create disparities and gaps between PRICE and WORTH.

Demand and Supply determines the direction of the market. It moves the market. But the result of Demand and Supply is not always an efficient market. Usually it is the opposite, in real estate.

EOM

nadeem replied on Saturday, December 1, 2012 03:50 AM PST

anticipating or forecasting in this case is very difficult due to the following factors or market indicators

1. inflation rate and depreceation of currency
2. avalability of buyers and sellers
3. cost of construction
4. interest rate
5. goodwill of product
6. low or high risk factor

Humza replied on Saturday, December 1, 2012 12:00 PM PST

I love this type of discussion and analysis. Well done and highly appreciated everybody efforts and knowledgeable thoughs.

Kashif Ali replied on Monday, December 3, 2012 05:34 PM PST

Dear Observer

I don't have that level and understanding about DHA to put my comments that I'm agreed or not. but overall the analysis is very impressive and it's knowledgeable for new users like me.

Regards,
Kashif Ali

(55549)

Dha Rahber 10M Plot For Sale

Thursday, November 29, 2012 02:31 PM PST

Reply:

Lahore Dha Rahber 10M Plot For Sale

Dha Rahber 10 Marla Plot For Sale

Near Plot no 119, situated in Block A, Asking Price : 26 Lacs

For Best Buying & Selling in DHA Rahber Lahore Contact

Mian Rashid

Lahore Real estate

Email : Rashid@LREPK.com

Cell : +92-3028409967

UAN : +92-42-111-111-040 or 35692420 upto 23