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

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(53045)

Dha8 Plot For Sale

Monday, June 4, 2012 03:28 PM PST

Reply:

DHA PHASE 8 PLOT FOR SALE

One Kanal Plot For Sale Near X 818 @ 73.Lac cor
One Kanal Plot For Sale Near X 129 @ 75.Lac
One Kanal Plot For Sale Near W 136 @ 88.Lac
One Kanal Plot For Sale Near W 233 @100.Lac cor
Mian Rashid
03028409967
Lahore Real Estate
Rashid.lahorerealestate@gmail.com

(53044)

DHA Commercial

Monday, June 4, 2012 02:49 PM PST

Reply:

DHA Lahore Phase 4 Commercial Wanted

Lahore Real Estate requires 4 Marla and 8 Marla Commercial For Direct Clients in DHA Phase 4 Lahore. To Get maximum Offer call.

03334177723

(53043)

WAQAR

Monday, June 4, 2012 04:09 AM PST

Reply:

Query About residential plot in Lahore

I would be highly grateful, if someone advise me, I want to buy plot in good housing scheme. I am a salaried employee can invest 25,000/- per month.

I need 5,7 or 10 Marla plot in housing scheme.

Thanks

Hussain Kaisrani replied on Monday, June 4, 2012 04:00 PM PST

Dear WAQAR,
It is good that you are thinking to have a plot for your family in some good housing scheme of Lahore. As per your monthly savings, you can only go for some scheme which introduces plots on installments. For any reliable housing project in Lahore you needed AT LEAST following amounts:
Advance or Down payment: Rs.400,000/=
Monthly amount for installment: RS.70,000/=

As per your present situation it seems very difficult but it is not impossible. Please keep dreaming and trying your best to save more funds. I assure you brother that you will find some solution.
I have passed through same process and by the grace of Allah I was able to have my dream home in Bahria Town.
GOOD LUCK.

Khan replied on Monday, June 4, 2012 07:05 PM PST

Mr.Hussain. I regularly read your posts. You are such a rare species and blessed with so much of positive mind that I wish and pray Allah that if there were just a few thousand like you in us, we would be a different nation. May Allah bless you and keep spreading optimism .

Hussain Kaisrani replied on Monday, June 4, 2012 07:19 PM PST

@Khan
I am really impressed by you as you have great sense of appreciation. Very much obliged for your wishes and prayers. I wish the same for you.

Overseas replied on Tuesday, June 5, 2012 10:13 AM PST

Mr.Hussain,
I have 35 lacs and want to invest for short term 1-2 year can you suggest some good options.

thanks,

Headliner replied on Tuesday, June 5, 2012 02:01 PM PST

Go for Dream Garden Located on Main Defence Road opposite Comsat u can get a plot on installment in your budget

Hussain Kaisrani replied on Tuesday, June 5, 2012 03:18 PM PST

@Overseas,
In real estate investment short term means (three years) because when one buys a plot the cost goes significantly up on the same day from the market rate. Reason is that a buyer spends lot of time and money to finalize the deal. This extra spending (commission, tax and transfer fee etc) are generally not covered within a year. If you can afford to wait till three years then any ON GROUND (physically existing) and good location plot in Bahria Town will give you a reasonable profit. Thanks.

(53042)

Mux

Sunday, June 3, 2012 11:11 PM PST

Reply:

Bahria Enclave - is it a good buy?

Ad Type

City

Scheme

For Sale

Islamabad

Bahria Enclave

Bahria Enclave - is it a good choice comparing to DHA II and Zone II societies for living?

If yes, is it a good time to buy a plot there?

Innocent_Investor replied on Monday, June 4, 2012 01:44 AM PST

Bahria Enclave is much better than DHA and Zone II.

Once possession is available .. you will see its worth more than these two

jk replied on Monday, June 4, 2012 03:27 AM PST

Bharia Enclave is isolated society and is not big enough on its own and neither have much high profile societies around therefore Daily ammonites can not be expected here. Mostly low profile and less developed villages are around and I don't see it a good area for living.Bharia might develop it well enough but can never be ideal for many year unless the whole area does not get developed.

OLDFELLOW replied on Monday, June 4, 2012 05:38 PM PST

JK PLZ BROAD UR VISION IF YOU ARE IN REAL ESTATE BIZNAS OR INVESTOR AND TRY TO LEARN FROM OBSERVATIONS ONLY IF YOUR NEW.NO MATTER ITS BAHRIA OR ANY PLASE IT ALWAYS PAY YOU BY THE TIME AND WHEN BTOWN NAMES KOME THAT MEANS DELIVERANSE.BAHRIA ENV IS ON A FAR FAR BETTER PLASE THEN ANY OF ITS PHASES IN ISB,JUST WAIT 5 YEARS AND THEN YOU LL DREAM TO LIVE THERE.

ok replied on Monday, June 4, 2012 05:43 PM PST

hmm... i don't agree with JK's comments ... as what he is saying will be a good point for Bahria enclave because if it is not surrounded by more housing socities then there will be less traffic from bahria enclave to reach main islamabad ... and also bahria enclave is much closer to to main islamabad than DHA and Zone2

ZNS replied on Monday, June 4, 2012 09:05 PM PST

Bahria Enclave will turn out to be one of the best places to live. I am not a dealer or an investor but I do own 10 Marla there. I have see the area and development myself and truly believe that it was a right decision to put my money. Although I was skeptical when I applied since I live out of Pakistan but after 2 visits I by the grace of All might of the opinion that it was the right decision. Rest is on HIM as no one can predict the future.

Mux replied on Monday, June 4, 2012 10:45 PM PST

The only drawback is its a secluded and remote place. although they r building expressway but it is still far, near jigyot surrounded by villages.

Do u not think when Dha II and its extension is completed and phase 8 comes up, the south of islamabad will be a great place with very well managed societies.

10 yrs from now, which would be the prime place, DHA II or Bahria Enclave coz i have shortlisted these two to build a home

ZNS replied on Monday, June 4, 2012 11:11 PM PST

It's personal preference, if have job in Islamabad or want to have a business in Islamabad then BE., if you want to closer Pindi, you have business there the. DHA-2. Try Bharia phase 7 & 8 also. It's nice too.

ZA replied on Tuesday, June 5, 2012 03:23 AM PST

BE is going up and just because of BE the prices of BK Navel Farms are also going up.

soon you will see more projects of Bahria around BE and it will become a very nice and high value locality.

AltaVista replied on Tuesday, June 5, 2012 06:35 PM PST

But the current prices are artificially increased by bahria. You can get plots at cheaper rate on old booking which is much more developed.

Also, they have revised the map for the 3rd time in less than a year. Few streets of kanal plots are changed and whole of 5,8,10 marla plots are coming to further east instead of northern side where they initially seemed to be planned.

Arshad replied on Wednesday, June 6, 2012 01:43 PM PST

What are the current prices now and please upload the new map if you have it. Thanks

RA replied on Friday, June 8, 2012 05:40 PM PST

Is there any potential risks in investing in Bahria after the latest scandal?

(53041)

Tariq Chowdhry

Sunday, June 3, 2012 10:02 PM PST

Reply:

Furnished room for Rent in Guest House in DHA/Cantt

Ad Type

City

Scheme

Phase

Size

For Sale

Lahore

DHA/Cantt

Any

1 Room

Hi,
I am interested to live in a well furnished room in a Guest House room or in a furnished room of an apartment / House in DHA / Cantt Lahore for 3 months in reasonable budget from July 01, 2012.

Thanks & Regards,
Tariq

(53040)

mukhtar

Sunday, June 3, 2012 09:01 PM PST

Reply:

please help.

Aslam o Alekom

Brothers I have a technical question if someone can help I will be grateful.
10 years back I bought a 10 marla house in Lahore cantonment area with house building finance corporation. I paid all dues and installments and now I have the registry with me.
During the process HDFC guys told me that it should be co-ownership with someone who is in Pakistan as I was in Saudia at that time. So the ownership of the house was put on my brother and my name.

Now I need to transfer other half also to my name. what is the process for that ? what type of fees are there to be paid? Should I peruse it myself or some lawyers help will be required.
I will be really thankful if brothers can give some information regarding this issue.

Habib replied on Monday, June 4, 2012 02:50 PM PST

Your Brother is owner of 1/2 House You will have to get registered to Your name it will cost you a lot but better fix is today than Later, Discuss with some lawyer there is some way to tarnsfer land to Family members at lesser Cost, Father can do that to sons and daughters but I am not sure about brother, Plain stamp paper with affidavit also called Memorundom of understanding also called Biana Paper will cost you only 200 Rs but have no legal value..

A wellwisher replied on Monday, June 4, 2012 07:10 PM PST

one way is to take a power of attorney from your brother, however, if God forbid something happens to you, that POA will be nullified, and your brother will be able to claim his share from your family. Therefore, if you want to sell the house, take POA. If you want to keep the house, your brother has to sell his share to you with new registration and you have to pay the registry charges plus VAT and so on. As Mr. Habib suggested, you better do it now than later.

(53039)

mudasiryaqub

Sunday, June 3, 2012 08:02 PM PST

Reply:

bahria town phase 4 main boulvrd

Ad Type

City

Scheme

Phase

Size

Road

Demand(Rs)

For Sale

isb

btown

500

75000000

GOOD LOKATION PLOT SITUATED AT KORNISH RD.70 ft. WIDE NEAR TO KOMMERSIAL AREA,FRONT OPEN IN A VERY POPULATED PLASE URGENTLY TO SELL,ALL UTILITISE ARE PAID AND MAP IS DULY APPROVED BY BAHRIA TOWN IF YOU ARE WILLING TO KONSTRUKT YOUR DREAM HOUSE THEN ITS A BEST PLASE TO LIVE.KALL FOR A MATURE AND FINAl DEAL.

MudasirYaqub replied on Monday, June 4, 2012 05:44 PM PST

Sorry its (7.5 M)

(53038)

Amjad

Sunday, June 3, 2012 06:12 PM PST

Reply:

Future of E-16/17 Cabinet Division Islamabad

Request to Mian Nadeem, Waseem Malik & Nabeel. Please put some light on the future of E-16/17 after completing Margallah Avenue. :pkf

(53037)

Rana

Sunday, June 3, 2012 03:14 PM PST

Reply:

Aslam u alikum.. Could u suggest me that which phase is better in DHA Lahore for investment from 5 to 6 years..I should buy 10m or 1k..I observed that people r interested in phase-9 files..but some suggest its price will come down from 25 to 20.

(53036)

Dilshad

Sunday, June 3, 2012 02:51 PM PST

Reply:

I want to invest byinstallments in one scheme (10-Marla ) in Islamabad on long term basis.. DHA Valleyis best or Bahria Green??….

ZNS replied on Monday, June 4, 2012 08:41 AM PST

Bahria Greens.

BT replied on Monday, June 11, 2012 04:59 PM PST

Wait for Malik Riaz?

(53035)

Naveed

Sunday, June 3, 2012 01:19 PM PST

Reply:

OPF Phase-1 Extension

I am an OPF member. Please advise whether investment in OPF Phase-1 Extension Lahore will be fruitful in future. Further kinly guide abou the current rates at OPF Phase-1 Lahore.

Irfan replied on Sunday, June 3, 2012 01:45 PM PST

Any one can also share the exact location of phase-1 extension. Is this behind phase-1 ?

jk replied on Sunday, June 3, 2012 02:26 PM PST

OPF the worst organization of Pakistan and it is surprising we have Innocent friend who still consider it.

Habib replied on Sunday, June 3, 2012 02:37 PM PST

Price is OK , Location is OK it near old OPF 1 and Near Valencia, In Past OPF had Grossly underperformed in its developent standard and otherwise acquiring land and other issues, Plots are available for resale in OPF 1 And Price is Roughly 35 to 38 For an average on Ground Kanal. Due To poor Standard and Overseas owners there are only few houses here and there.
On Ground Plots in Valancia and Tariq Gardens are avialble in 45 to 48[average Location], There is no match of development standard and maintinance of OPF and Valencia and Tariq Gardens.
So this Investment is Ok only for thoses who dont have Money right now in hand and like investment on installments.

Naveed replied on Sunday, June 3, 2012 06:52 PM PST

Thanks Habib for your detailed response and guidance.

Ali2 replied on Sunday, June 3, 2012 08:09 PM PST

thank you Habib Brother!

imranshah939 replied on Monday, June 4, 2012 02:07 PM PST

Dear Mr. Habib

Which society is having batter development and maintenance standars OPF or Valencia?

Habib replied on Monday, June 4, 2012 02:15 PM PST

OFP is Much inferior to Valencia Both in Delelopment and maintiniace, I am sorry You could not understand from my reply

Ahmed replied on Monday, June 4, 2012 02:47 PM PST

Dear Habib / Jameel Sb.
Since it is located on Defence Road near Valancia so location vise it is Ok. As price of 10 marla is 18 lac, am interested to buy in this budget, do you have idea when it can be ready for construction of house, what is current price of 10 marla in OPF 1. Can you suggest other better society in this range for house/investment.

Jameel replied on Tuesday, June 5, 2012 03:22 PM PST

It is going to be small area, If they have any land issues, as only these issues delay the development. Other wise this can be developed in less than 2 years. looking at installments plan it looks it may be handed over in 4 years, Please take care that some of plots be close to Nallah, Another approach could be if there no significant change in price after Ballot it may be ok to buy in resale market by paying 2, 3 lacs More. You will still have the option to pay remaining money in installments. Keep every thing ready including your OPF card and remain in touch closely with news next 3 weeks. I hope this project will be discussed in detail by insiders.

Abbas dubai replied on Friday, August 31, 2012 12:41 AM PST

balloting is completed 30/08/2012 they are in a process to send letter that i have come to know.

aks replied on Tuesday, October 16, 2012 08:34 PM PST

opf is getting more gain in terms of price hike. price of 10 marla in C block is between 35 to 28. this increase is because of road and parks development.

tmk replied on Wednesday, October 31, 2012 01:39 AM PST

i want 10 marla file in opf extension ,is there any one to sale?please contact

Rasheed replied on Monday, March 11, 2019 12:35 AM PST

Please tell me about current position of OPF phase 1 extension after D Block means Block E F G and H can any plot will buy for future investment now

(53034)

CRT

Sunday, June 3, 2012 11:22 AM PST

Reply:

Hi. What's the best commercial investment for 3-5 years time frame, can some one advise? Budget 7 million. Thanks a lot. I wish to buy a dha 4 marla commercial after selling this in 5 years so need to do better than 4 marla dha commercial ( don't have 10 million currently to buy one directly) thanks

(53033)

Syed Hassan Raza

Sunday, June 3, 2012 07:32 AM PST

Reply:

Suggestion Related to Built home...Help

Asalam o alikum...dear fellows i have only 25 lakh rupees So what u people suggest me to buy a plot(even 25x50)in islamabad..where i can built my home in 2-3 years..need serious suggestion i m much worried...please

MM replied on Sunday, June 3, 2012 09:10 AM PST

Bharia Enclave Islamabad,
Regards,
MM

ZNS replied on Sunday, June 3, 2012 09:45 AM PST

Bahria Enclave.

Innocent_Investor replied on Monday, June 4, 2012 01:48 AM PST

Bahria Enclave

Adeel replied on Monday, June 4, 2012 04:35 AM PST

Try your luck in G-13

(53032)

sunny

Sunday, June 3, 2012 03:12 AM PST

Reply:

price

Ad Type

City

Scheme

For Sale

lahore

dha phase 4

Dear LRE team,

Can you please give me the approx price of 157 HH phase 4 ?

This is double story house.

Thanks

(53031)

Khan

Sunday, June 3, 2012 12:43 AM PST

Reply:

Ad Type

City

Scheme

Block

Plot

Size

Road

Cur. Rate

Lahore

Fazaia

A5-14

100

LRE Team, What is the estimated current value of above plot please?

Adeel replied on Monday, June 4, 2012 04:32 AM PST

Is it 500 or 800 Sq yards? I think A block is of larger plots.

(53030)

zahir

Saturday, June 2, 2012 08:16 PM PST

Reply:

Ad Type

City

Scheme

Phase

Block

Plot

Size

For Sale

Lahore

DHA

278

Assalam-o-Alaykum, I like to sell v278 corner 1k. What is the market price. Thanks

DHA Phase 8 Assessment replied on Saturday, June 2, 2012 09:43 PM PST

Dear Sir,
the current market value of V 278 is around 71 to 72

Salman.LahoreRealEstate@Gmail.Com
03004009967
Lahore Real Est

(53029)

Razak

Saturday, June 2, 2012 08:14 PM PST

Reply:

Ad Type

City

Scheme

Phase

Block

Plot

Size

For Sale

lahore

DHA

1300

kanal

Dear LRE team. what is price f ph-7 y 1300. thanks

Lahore Real Est replied on Saturday, June 2, 2012 09:31 PM PST

y 1300 has worth of 50 to 52 lacs

Salman.LahoreRealEstate@Gmail.Com
03004009967

(53028)

Question

Saturday, June 2, 2012 07:55 PM PST

Reply:

Aslamoalikum

I know getting money into Pakistan is easy but what about getting it out to other country.

Is there any restriction on transferring legally money out of Pakistan, e.g. 50 lack or one chore?

what are the procedures and pro and cons etc?

thanks

jk replied on Saturday, June 2, 2012 08:06 PM PST

if you are working and living abroad find out from your friend who wanted to send money Pakistan and exchange your funds with them . This the easiest and safest way. The money you wanted to get from Pakistan is not much and should not be an issue at all.

AQ replied on Saturday, June 2, 2012 11:24 PM PST

in which courty you are if we are in same I have to send almost same amount may be we can make deal.

Question replied on Sunday, June 3, 2012 01:53 PM PST

I am in Qatar, so are we saying there is no legal restriction?

JJJ replied on Sunday, June 3, 2012 03:18 PM PST

Brother, You can send the money out of Country without any problem but once the person will do a transaction or series of transactions to send 50lacks or 1 crore, he may get a letter from CBR to explain the source of funds. They usually do if amount is more than 10lacs.

From Bahrain replied on Sunday, June 3, 2012 03:36 PM PST

There are legal restrictions. The only way you can get money out of Pakistan is for business, meaning importing something and paying by TT or LC to a legitimate business in Qatar, with all sorts of documentation required. The other way is like I do, if you want to sell your property and take the money out, sell it to someone in Qatar, give him power of attorney attested by Pakistan embassy and take the money in Riyals, he can go to Pakistan and get the plot transfered into his name. If it is money, then do what JK suggested. If both dont work, then go back to Pakistan and spend that money. At least you will have some fun :-)

Onlooker replied on Sunday, June 3, 2012 04:12 PM PST

To the best of my knowledge , if you are transferring money from your own foreign currency account in Pakistan to your own account abroad, there are no restrictions. Only limitation is that when you transfer more than 50'000 (not sure what is the current limit) dollars in one go, the bank has to report the deal to State Bank. However, transferring to your own account is perfectly legal.

Question replied on Sunday, June 3, 2012 07:35 PM PST

Thanks but i think i cannot deposit in my foreign account

From Bahrain replied on Sunday, June 3, 2012 09:24 PM PST

trust me, you cannot take a penny out of Pakistan.

Naveed Yaseen replied on Monday, June 4, 2012 01:36 AM PST

State Bank rule on export of foreign currency...

http://www.sbp.org.pk/updated%20fe%20manual/chapters/chapter18.htm#bullet11

lhh replied on Monday, June 4, 2012 11:41 PM PST

No problems transfering money.
Only you need to deal with bankers who have experience in Foreign currency transactions.
Sometimes, State bank can send an enquiry why a transaction is done - money coming in or out but normally that is for larger transactions.
when you wire money, mention reason as personal savings or personal account etc and not business dealings to keep it simple.

If at some point ruppee falls for example 20-30% in a month, the State Bank may put capital controls but it does not look likely.
you can always take your cash in foreign currency and put it in a bank.

Normal wire transfer takes about 2 days for US / Europe.

If the money has been wired out, the State Bank cannot bring it back from a foreign bank - no control. So if you Rehman Malik or Raja Rental, just wire and out. The enquiries will take months and years and nothing will happen.

(53027)

Mahmood

Saturday, June 2, 2012 07:07 PM PST

Reply:

1o Marla plot for sale in Bahria town phase 8 Rawalpindi in sector E or F. Good location.

(53026)

Adil Saeed

Saturday, June 2, 2012 06:54 PM PST

Reply:

Central Park 1 Kanal Plot For Sale

Ad Type

City

Scheme

Block

Plot

Size

Road

Demand(Rs)

Features

For Sale

Lahore

Central Park

486

1 Kanal

40 Feet

20 Lacs

Prime Location +Near Park

Central Park at Ferozepur Road Lahore 1 kanal prime location for sale, plot number 486 A block. Next to corner. On ground plot with possession available. Buy today Build today. Plot is located near 130 Ft X 80 Ft Boulevard junction and is close to the Central Park Hospital, Medical & Dental College,Huma Cash & Carry, direct approach from Ferozepur road.

ALL DUES CLEAR ON GROUND ONE KANAL PLOT

:sh: :sh: :sh:

Jameel replied on Sunday, June 3, 2012 05:18 AM PST

Adil what is transfer cost of Kanal plot is central Park?

Adil Saeed replied on Sunday, June 3, 2012 02:18 PM PST

Transfer fee is 30 thousand rupees.

flex-01 replied on Sunday, June 3, 2012 05:21 PM PST

What is the charge per year, you have to pay, after possesion, if you dont construct your house. I have heard that central park has recently imposed charge fo Pak. Rs. 10 k per annum

Adil Saeed replied on Sunday, June 3, 2012 11:48 PM PST

Yes they charge appx. 900 rupees per month for security, maintenance and upkeep of the society. It does not matter a lot when we consider the expected return on investment for next few years. After all it is a one kanal fully developed on ground plot with all dues clear, in a very decent society for just around 20 Lacs. Where else can one get such price in a comparable housin scheme. Prices are expected to rise in Central Park and other schemes on main Ferozepur road since the installment of Lahore Metro Train track is in full swing on Ferozepur road. This Lahore Metro train will run from Gaju Matta to Shahdara.

Ahmed replied on Monday, June 4, 2012 03:00 AM PST

Adil Sb.
What is price of 10 marala there? is it better investment than OPF extension?

Adil Saeed replied on Monday, June 4, 2012 03:01 PM PST

Price range for 10 marla is 6.50 Lacs to 14 Lacs. On ground plots are more expensive and in the upper side of this limit. These on ground 10 Marla and 1 Kanla plots in Central Park are clearly much better investment compared with OPF extension. OPF extension is not only more expensive it may take more than 10 years to get the plot there with poor development standard, if we go by the history of OPF. Even in Central Park you should only consider on ground plots with possession as the plots which are not developed, although cheaper than on ground plots, yet may take indefinite time to be handed over to allotees.

Uzair uk replied on Monday, June 4, 2012 05:35 PM PST

Adil bro I m interested in that 1K plot. I m in uk. Do I have to come pak to get it transfered on my name?

Uzair uk replied on Monday, June 4, 2012 05:38 PM PST

and kindly Can you also advise me that how much money is required to build single story 4 bedrooms house on this plot. I will make second story later sometime when have enough funds. Thanks!!

Adil Saeed replied on Monday, June 4, 2012 07:20 PM PST

Dear Uzair uk

Yes plot in Central Park can be transfered to your name while you remain in UK. It is just like DHA, buyer does not have to be present at the time of transfer. You relative or agent can assist in transferring the plot to your name.

The cost of construction depends on the covered area and quality of material. A reasonable quality single storey 4 bedroom can be constructed for around 3.5 to 4 million. For luxurious construction you will need more.

For further information and immediate response, kindly call me at:

+92-322-4009766
+92-300-4009766

or send your contact details to:
MASaeed786@GMail.com