Lahore Real Estate Forum

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(53682)
Thursday, July 19, 2012 01:14 PM PST 
Sophia Farms Lahore

Dear All, السلام عليكم و رحمة الله و بركاته

I have recently started visiting this site and would like to thank you all for your valuable comments, which is a great help for all newbies like me. I'll be grateful if you could comment on Sophia Farms Lahore and indicate the current prices.
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(53681)
Thursday, July 19, 2012 11:32 AM PST 
Similar site in Islamabad

Respected CMY sb AoA
will you please give me sit url like yours dealing in Islamabad property.I shall be thankful.

Q replied on Saturday, July 21, 2012 12:29 PM PST 

Is there any similar site for Karachi

Q replied on Saturday, July 21, 2012 12:30 PM PST 

Is there any similar site for Karachi
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(53680)
Thursday, July 19, 2012 07:45 AM PST 
10 Marla Plot in DHA 5.

I am looking for 10 marla Plot to buy in DHA 5. Wat could be current value pls ?

thanks khalid

Lahore Real Est replied on Thursday, July 19, 2012 09:07 PM PST 

In dha Phase 5 10 marla rate are from 61 to 75 lacs depending on
location.If you are interested we can arrange plots for you.Do contact us

Salman@LREPk.Com
03004009967
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(53679)
Thursday, July 19, 2012 07:43 AM PST 
Price assessment Bahria C. Overseas Ext.

Ad Type
City
Scheme
Cur. Rate
Lahore
Bahria C
Hi,
Can any one assess the price of Bahria C. Overseas Ext. on main 80 Foot Rd pls.


many thanks
Khan

JJJ replied on Thursday, July 19, 2012 05:06 PM PST 

I think, it should be around 22-25 Lcs....
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(53678)
Thursday, July 19, 2012 07:27 AM PST 
Price

Ad Type
City
Scheme
Size
Cur. Rate
Lahore
EME
1K
Can some one davise me the price of my 1K plot in EME, since i live in USA i dont know the location number of my plot.
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(53677)
Thursday, July 19, 2012 07:20 AM PST 
Bahria Town -9. Rwip/Isb

What will be the fate of Ph-9 of Bahria Town considering present scenario.

Neese replied on Friday, July 20, 2012 01:18 AM PST 

Nil better to talk with Managment and refund ur Amount I will tell u how to refund
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(53676)
Thursday, July 19, 2012 05:24 AM PST 

Ad Type
City
Scheme
Block
Size
Cur. Rate
Lahore
Sabzazar Scheme
D
10
please if someone can let me know the price of 10 marla plot in D block Sabzazar. Thanks
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(53675)
Thursday, July 19, 2012 02:31 AM PST 
Transfer PKR from Lahore, to Toronto, Canada

Dear All,

Moderator: please leave this message for a while. Thanks.

After selling my plot in Lahore, I want to transfer about 6 million PKR from Lahore, to Toronto, Canada. Please advice which is the best way of doing that.

Many thanks in Advance.

Regards,

bilal replied on Thursday, July 19, 2012 04:08 AM PST 

U should have a foreign currency account in pakistan. and then u can transfer money to ur bank in toronto..

for a hassle free transaction, its convenient if the remitter and beneficiary account title (i.e. ur name) is the same.
in the comments, mention the remittance is from ur personal account to ur own account.

If u send it thru western union etc they charge u a lot and the amount is held for many days and they start asking u about ur IDs, source of income etc and sometimes they tell u ur name is black listed :)

one more tip is to transfer money in smaller bits lets say 2mn each to see if it goes thru fine.

Essam replied on Thursday, July 19, 2012 05:11 AM PST 

hi cont me my email address is

Kashif Chohan replied on Thursday, July 19, 2012 10:41 AM PST 

As per Canadian govt.laws any remittance more then $10,000 needs to be declared otherwise it will be assumed as criminal activity.

dxb replied on Thursday, July 19, 2012 01:24 PM PST 

I wish you good luck on your Canadian venture and feel sorry to hear that you have to sell your property to settle there. Very few Pakistanis get a good professional job and I hope you are one of them. Rest are all taxi drivers, and poor labourers.

Khair replied on Thursday, July 19, 2012 01:25 PM PST 

Open a Can dollar acct in Pak Bank.Convert rupees to Can dollars.All bankers can give u baazar rate sitting in the bank.They do have their connections for clients likeu.Dont take this money into baazars.Once converted,put the money in ur acct,get a checque book,deposit the cheque in Canada,it will take 3 weeks that money would be at Toronto.
Else get international draft prepared in Can dollars from your bank and bring it along.
May discuss with a banker.
Zardari say bachna bhai.

Wajhi replied on Thursday, July 19, 2012 02:38 PM PST 

Send money to abroad by Dollar east.It is quick way to send money from Pakistan to any country in the world. just
contact to a person over there and give him money and with in few hours get money in Toronto.

Habib replied on Thursday, July 19, 2012 03:29 PM PST 

It is Not that simple You have to declare the Amount in Canada and then Pay Tax as Per rules, Liquidation of assessts overseas amount to about 30% payable as Tax I vagely remember one of My friend living in US was in big Trouble to Transfer money after selling his forefathers property. If You Consult some Tax Consultant in canada it is better for You.

I remeber a Candian Doctor working in UAE he earned and saved a Lot of Money and at retirement he went to Mexico, as per him if he would transfer money legally to Canada he will lose lot. Most of Professionala working and living in Gulf try to spend last penny of their Hefty saving before repatriation. Tax system is so cruel in west that even a small Violation cost you many years in Jail.

Onlooker replied on Friday, July 20, 2012 12:48 AM PST 

Just open a USDollar account in Pakistan and a PKR account in the same branch. Arrange a money changer to come in the branch and provide US Dollar against PKR. Just remit from your Fx account to your Canadian bank account. The bank will probably ask for a trail of where the money came from which you can give by providing copies of Sale documents. Cant comment on Canadian taxation and disclosures required.

Kashif Chohan replied on Friday, July 20, 2012 03:26 AM PST 

If you have already declared your foreign property to CRA ( Canada revenue agency )in your annual tax returns then you can transfer the money by filling declaration form available with Canada Border and security agency. No tax will be imposed on you.

Otherwise they may question you on misrepresentation and evasion of tax charges.

A.Akram replied on Friday, July 20, 2012 04:21 AM PST 

Many thanks to all of you for your kind and valuable advice. I will get some advice from a Tax consultant before transferring the money.

dxb: I 100% agree with you. I am a Petroleum Engineer currently working in Statoil Norway and I have some other plans being a Canadian Permanent resident.
Kashif Chohan, I have talked with you couple of years back when you were in Canada (2010). Can you please give me your mobile number, so that I can
contact with you.

LRE Hot Topics replied on Monday, July 23, 2012 02:42 AM PST 

Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics
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(53674)
Thursday, July 19, 2012 12:04 AM PST 
Commercial Plot

Dear experts please give some comments, i would like to buy a commercial plot (not for re-sale but to get some handsome rent after construction 3 to 5 years).

My budget to buy is 20 to 25 maximum.

Please comments.


Thanks

:1)

commercialrent replied on Thursday, July 19, 2012 02:48 AM PST 

Please can you elaborate what in your opinion the value of "handsome rent" should be?in the budget u've mentioned you can buy a commercial shop & rent it out (12-15k Pkr monthly rent) buying a commercial "plot" wouldn't be possible in this range!

Muhammad Saqib replied on Thursday, July 19, 2012 04:50 AM PST 

20 to 25 lakh is to buy a plot, I plan to built a double story and generate 30 to 40 thousand/month, but i dont have any idea where in lahore i can buy plot now and after 3 to 5 yrs almost it can return good rent.

Which area/society etc is suitable towards my need.

Thanks

Dxb replied on Thursday, July 19, 2012 01:15 PM PST 

Your budget for buying commercial plot is too low and intended rental yield is too high.

khanzada replied on Thursday, July 19, 2012 04:49 PM PST 

mohammad saqib sab
according to my wisdom i will give you a sincere advise.in this money i mean in 25 lacs you should buy a one kanal plot in lda avenue1.possession is very near withen one year.after the possession rates will be doubled.25 lacs plot will be minimum in 50 lacs and after possession people will start construction as they are waiting since long time for possession.you have much time 3 to 5 years.after 3 to 5 years its rate will be minimum 60 lacs.then you can sale out your plot in invest in other project.

Muhammad Saqib replied on Thursday, July 19, 2012 05:41 PM PST 

Is there any cheap society available on ferozpur road, raiwind road, multan road, to buy a commercial plot?

i know my budget is very short for commercial but i wish to built a double story commercial even on less space like 3 marla, but i am interested in commercial.

@ khanzanada thanks for your comments those are exteremly valuable for me as well i am impressed too. but i come to know there are litigation issues. and what is your advise for 10 marla in lda? its price and future prospectus.


help me to finalize a
location for small commercial plot at 20 to 25 lakah (but safe location).

Thanks

jahanzeb replied on Thursday, July 19, 2012 10:53 PM PST 

you should buy 3 marla commercial bahria town overseas B, you can build 2-3 storey building on your plot.you can make a flat on upper portion so you can get handsome rent by renting flat and shop.

khanzada replied on Friday, July 20, 2012 05:04 PM PST 

mohammad saqib sab i really dont know any commercial property in 20,25 lacs.may be you can check nfc2 on multan road.again i will say buy in lda avenue in 23,24 lacs possession is very near you can sell your plot after possession in this way you can earn very handsome money in very less time.this is my sincere advise.

Muhammad Saqib replied on Friday, July 20, 2012 05:33 PM PST 

@ khanzada,

i understand your advise and realy appriciate too. but my concern is not to get money on resale i need to construct commercial and get some money on month basis not once in a year or years.

what i plan is if i get some commercial property with 20 to 25 and after few yrs i invest more on it to construct i.e. about 40 lakh and enjoy my retired life which is after 5 yrs at age of 60.

once again i appriciate your reply and advice its very worthful for youngsters not for 60 yrs old.

JJJ replied on Friday, July 20, 2012 09:57 PM PST 

Saqib Sahib, I think you should wait little for DHA to announce for applications for sector shops or small commercial plots in DHA 5 ext and DHA phase 9 including DHA town and it would be worth applying in that. If you would be successful, It would be like winning a lottery.

Regards

Muhammad Saqib replied on Friday, July 20, 2012 10:39 PM PST 

@ jjj

Its really great to make deal with dha but the thing is when it will be, is there any time for dha 5 ext, dha phase 9, dha town, commercials.

LRE Hot Topics replied on Monday, July 23, 2012 02:42 AM PST 

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M. Mujtaba Syed replied on Friday, August 17, 2012 03:36 AM PST 

you Can buy a good
location 3 Marla Commercial Plot in the Main Commercial Area i.e Block B of Army welfare Trust Housing Scheme Phase 2, Lahore. The society will be crowded after 3-5 years as lots of construction going on there after arrival of Sui Gas. Its a big Housing Society with only One Main Commercial Area. Rest are all Sector Shops. you can even buy 2 commercial plots there in the inner circle with the range of 30 to 32 Lacs. After 3-5 Years u can construct Building i.e A basment, Ground Floor, 1st Floor and 2 flats on top. U can get a good rent in 3-5 years time Span.
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(53673)
Wednesday, July 18, 2012 11:30 PM PST 

Dear All,

After selling my plot in Lahore, I want to transfer about 6 million PKR from Lahore, to Toronto, Canada. Please advice which is the best way of doing that.

Many thanks in Advance.

Regards,
>
(53672)
Wednesday, July 18, 2012 10:05 PM PST 
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(53671)
Wednesday, July 18, 2012 09:54 PM PST 

I have some questions Bahria Orchard because I have a little information about it.

1. How long will it take to complete the project and when will the plots be handed over to the customers to build houses?

2. I know the difference of rate. But what is the difference concerning the development and location between Bahria Orchard and Bahria Overseas / B and C. Which one is the best choice concerning development and location to build house in 3 years time?

:h

ua replied on Friday, July 20, 2012 01:34 AM PST 

1. Part of project is complete while part is still under development.
2. Main difference is of the
location. In three years time, you'll be able to build house at either place. Depends on where you want to live. Although Bahria A / B / C will be a better place due to the age and size of the projects, but I think that at current prices, Bahria Orchard may just be the better deal.
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(53670)
Wednesday, July 18, 2012 09:53 PM PST 
4 MARLA COMMERCIAL PLOT FOR SALE IN DHA PHASE 6

Lahore Real Estate offers 4 marla commercial plot for sale at prime location
DHA Lahore Phase 6 Near MB 317 @ 225 Lacs.
Good for all business.ready for construction Contact for further detail.

Salman@LREPK.Com
03004009967

:forsale: :forsale: :forsale:
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(53669)
Wednesday, July 18, 2012 09:41 PM PST 

ASA
Could you please help me to understand that:

1. On this website, the rate of 10 Marla Plot in Bahria Orchard is 1300,000 to 1600,000

2. Bahria Town Office gives the rate of a 10 Marla plot is: 2350,000 with one year installment.


Why is this big difference and please also tell something about the importance of location and future of Bahria Orchard?

Is it a good decision to buy plot on 1 year installments there for 2350, 000 with 10 % extra for corner. :h

ua replied on Thursday, July 19, 2012 11:02 AM PST 

Buy from open market. You will save the extra million.

Uzma replied on Saturday, July 21, 2012 03:44 PM PST 

ASA
Thanks [ua] for your advice. Most of the people advised me to buy from open market because there are 2 mail uses of this.

1. You can choose the
location and plot you want.
2. You can save a lot because the rates in the open market are much too less.

Uzma replied on Saturday, July 21, 2012 03:44 PM PST 

ASA
Thanks [ua] for your advice. Most of the people advised me to buy from open market because there are 2 mail uses of this.

1. You can choose the
location and plot you want.
2. You can save a lot because the rates in the open market are much too less.
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(53668)
Wednesday, July 18, 2012 09:28 PM PST 
One Kanal Golden Plot For Sale DHA Lahore Phase 8

It is situated in DHA Phase 8, Plot No.732,Block Y on 50 feet Road in front of Park.Demand 50 Lacs. Development Work has been started. Best investment for near future. For more details contact us.

Mian Rashid
Lahore Real Estate
03028409967
Rashid@LREPK.Com
:sh: :sh: :sh:

Essam replied on Thursday, July 19, 2012 05:17 AM PST 

test
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(53667)
Wednesday, July 18, 2012 09:06 PM PST 
DHA Valley Islamabad

DHA Valley was a fraud project since beginning. No land has been developed after years. Lot of people have lost their savings and no chance of return.

Sad sad state of affairs in country.

AK

danial replied on Wednesday, July 18, 2012 10:16 PM PST 

they are very clvr ppl, they only and only started and conducted the development work in the approved portion i.e oleander, lily, homes and overseas. the development work is around 50-60 percent in those ares. however i have a question that with out the master plan which included all the facilities of life ? would the remaining DHA valley will have any appealing shape? but 1 thing is sure that
prices will now definitely rise up as the plot holders reduced.good news for those sectors.

Good News ?????? replied on Thursday, July 19, 2012 01:04 PM PST 

is this a good news?

jago pakistan replied on Thursday, July 19, 2012 01:09 PM PST 

u know that overseas pakistani made extensive pressure on dha management , thats why the
location of overseas block and DHA Homes was changed , if u look into the original and old map the location of DHA homes and overseas was some wheer else, can local pakis can build the pressure?

Irfan replied on Thursday, July 19, 2012 03:22 PM PST 

By DHA Valley overseas you mean ALL Blocks of Overseas or only oleander and lily?

There are many blocks in DHA Valley Overseas.

danial replied on Friday, July 20, 2012 12:32 PM PST 

@@@irfan

i dnt know much , but one thing is for sure , that the project and plots will gain some worth , as they are reduced to very minimum qty. now the
prices of plots will be surely incresed once the possesion takes place.

Faisal awan replied on Friday, July 20, 2012 01:28 PM PST 

DHA overseas blk
* sunflower
* Magnolia
* Bogenvelia
DHA Homes
* Oleander
* Lily
These five blocks are now approved sectors and developments work is in progress at a high pace. i personally checked with google earth and foung alot of semi constructed houses.

Irfan replied on Friday, July 20, 2012 07:43 PM PST 

can you please google earth markers,
the problem is they will be one year old.

any brother can visit site and post actual pictures?

Difficult Question replied on Saturday, July 21, 2012 04:15 PM PST 

I have a million dollar question:

How far DHA Homes are located from Islamabad Highway?
From within DHAI, I was told different answers: 12 KM, 8.1 Km, so on and so forth?

Google will not give correct mileage as there is no direct road so far?
I think if some friend living in Pakistan can visit and take the coordinates of the first built/under construction home and then it could be correlated to any point on the Islamabad Highway.
Can some friend do this service to us expats, please?

LRE Hot Topics replied on Monday, July 23, 2012 02:42 AM PST 

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WAITING replied on Saturday, July 28, 2012 08:24 AM PST 

ANY
UPDATE ?
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(53666)
Wednesday, July 18, 2012 09:00 PM PST 
Foreign Currency Account in Pakistan

I am sorry to post this post which is not related real estate/property.

I would like to open Foreign Currency Account in Pakistan. Please advice me which bank is safe and with good reputation which currency is better, Pound/Euro or dollars?
Abdul Rehman

Habib replied on Wednesday, July 18, 2012 09:16 PM PST 

I dont Know which Conutry You Live best is Dollar Account, UBL and Habib Bank are best , I Opend one account in UBL without Going to Pakistan and Got every thing Check Book etc here in UAE they charged me 50 Dhs For Courier Service.

Abu Dhabi replied on Wednesday, July 18, 2012 09:26 PM PST 

@ habib

Dear habib please tell me how to open a uae dirham account with ubl while staying here, and what are the documents required, as well is ubl offer online service facility i mean can i check my balance/ bank statement online (via internet).

Thanks

Abu Dhabi

Huzba replied on Wednesday, July 18, 2012 10:11 PM PST 

I opened my account with SAMBA Pakistan which is basically a Saudi American Bank offering best rate compare to others. I am enjoying the best services from them. Operating my account online from abroad. I had account with Standard Chartered but regreted later on due to their poor dealing, since last four years I was trying to get ATM card could not get because we expats are having limited vacation time and the bank procedure is very lengthy and complicated. Go for SAMBA the best.....!!!!!!!!!!

Saudi-expat replied on Wednesday, July 18, 2012 10:17 PM PST 

I am very happy with the service provided by Bank Al-Habib, not habib bank, charge me only 5$ for depositing Dollar check

Kashif Ali replied on Wednesday, July 18, 2012 11:04 PM PST 

I'm the second to recommend BANK-Al HABIB. The staff is so co-operative and friendly.

I'm co-ordinating through email with Bank-Al Habib Manager in Pakistan, and he always reply me in time with good advises.

Branches are good with no long ques, rate is good. All branches are online.

regards
Kashif Ali

Opinion replied on Thursday, July 19, 2012 12:01 AM PST 

At present, Bank Al Habib is number one in service. You shoul certainly avoid Standard Chartered as they are not only poor in service but also can refuse to honor cheques on very small pretex.

Abu Dhabi replied on Thursday, July 19, 2012 01:00 AM PST 

Can i open forign currency account (UAE dirhams) in pakistan with bank al habib or samba bank, while staying in abu dhabi, and how?

Huzba replied on Thursday, July 19, 2012 02:58 AM PST 

You have to be physically available in bank to open account in any currency and even to receive cheque and ATM card.

lahore replied on Thursday, July 19, 2012 01:24 PM PST 

Huzba u r right. I presume that Charterd Bank some how discourage the peopoe to open their foreign cuurency account in view of their not only lenghty procedure but also staff having incomple information. And when u submit your documents they raise further queries (while in the meantime expat having litte time in Paksitasn, left the county. While i tried to open my account at lahore they said that cheque book will come through post or after two week to collect my wife or daughter. Later on they told that it is obligatary to come (customer) and collect the cheque book (while i was abroad).

LRE Hot Topics replied on Monday, July 23, 2012 02:42 AM PST 

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(53665)
Wednesday, July 18, 2012 08:57 PM PST 
DHA Valley Islamabad

After reading the above i called my Friend working in Record section of DHAI.He confirmed the news above stated is accurate. DHA Valley now consist of Overseas Block,Lily,Orleandar & DHA Homes.
Nothing confirmed with regards to the prices of Plots.However said Officially Dha Homes Prices for the Ready Homes is fixed at 60 Lakhs due to cancellation & Non Payment if purchased directly from DHAI.
But might be less 2-3 Lakh with estate agents.
Congrats to the owners of Remaining Blocks.
Sajjad Durani

Irfan replied on Thursday, July 19, 2012 12:23 AM PST 

By overseas you mean ALL Blocks of Overseas?

Salman replied on Thursday, July 19, 2012 07:50 PM PST 

If 80 percent of DHA Valley is reduced then what would happen to ppl who invested their money?

another case against DHA and Malik riaz ?
more promises?
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(53664)
Wednesday, July 18, 2012 08:56 PM PST 
DHA Lahore Phase 9 Town Plots For Sale

DHA Lahore Phase 9 Town Near Plot 1784-C @ 23.75 Lacs,150 Ft Road,Near Park (5 Marla)

DHA Lahore Phase 9 Town Near Plot 856-C @ 21.00 Lacs,Corner (5 Marla)

DHA Lahore Phase 9 Town Near Plot 1603-A @ 18.00 Lacs,(5 Marla)

DHA Lahore Phase 9 Town Near Plot 1011-A @ 19.50 Lacs,Facing Play Ground(5 Marla)


****Five Marla Files Available In DHA Lahore Phase 9 @ 10.50 Lacs**** Strongly Recommended


****Ten Marla Files Available In DHA Lahore Phase 9 @ 17.50 Lacs****


For Buy/Sell In DHA Lahore Phase 9 Please Contact

Mian Fawad Ahmad
0302-4489001
Email:Fawad@LREPK.com

:forsale: :forsale: :forsale:
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(53663)
Wednesday, July 18, 2012 08:53 PM PST 

As a matter of fact, the daily rates are not today's opening rates, they are actually yesterday's closing rates. And yes, property exchanges work like stock exchanges, with mostly minor but sometimes major daily changes. If you gentlemen notice closely, most of the rates usually remain unchanged over many days before a slight increase or decrease. Take for example Phase 9 file, it has been hovering around between 26.25 and 26.50 for almost three weeks, with buyers sitting at around 15000 PKR lower than the seller price. It should also be kept in mind that most of these rates are for reference and once you are in a hot deal, the price is always negotiated. Furthermore, we must be grateful to this site that gives so much information and runs this magnificent blog 24 hours a day to help people like me living outside the country and everyone else, and in this process, if they make some money, so why not. It is everyone's right to make money, its simple business. So be appreciative people, and if you dont like the idea of watching property rates daily, then you should not be on this forum, with due appologies.
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