Lahore Real Estate Forum

Tuesday, September 22, 2026 03:55 AM
Total Records: 99252   Records Viewed Per Page: 20
(53039)
Sunday, June 3, 2012 08:02 PM PST 
bahria town phase 4 main boulvrd

Ad Type
City
Scheme
Phase
Size
Road
Demand(Rs)
For Sale
isb
btown
4
500
70
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)
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(53038)
Sunday, June 3, 2012 06:12 PM PST 
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
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(53037)
Sunday, June 3, 2012 03:14 PM PST 

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.
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(53036)
Sunday, June 3, 2012 02:51 PM PST 

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?
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(53035)
Sunday, June 3, 2012 01:19 PM PST 
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.

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
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(53034)
Sunday, June 3, 2012 11:22 AM PST 

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
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(53033)
Sunday, June 3, 2012 07:32 AM PST 
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
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(53032)
Sunday, June 3, 2012 03:12 AM PST 
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
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(53031)
Sunday, June 3, 2012 12:43 AM PST 

Ad Type
City
Scheme
Block
Plot
Size
Road
Cur. Rate
Lahore
Fazaia
A
A5-14
1K
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.
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(53030)
Saturday, June 2, 2012 08:16 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
Lahore
DHA
8
v
278
1k
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
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(53029)
Saturday, June 2, 2012 08:14 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
lahore
DHA
7
y
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
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(53028)
Saturday, June 2, 2012 07:55 PM PST 

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.
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(53027)
Saturday, June 2, 2012 07:07 PM PST 

1o Marla plot for sale in Bahria town phase 8 Rawalpindi in sector E or F. Good location.
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(53026)
Saturday, June 2, 2012 06:54 PM PST 
Central Park 1 Kanal Plot For Sale

Ad Type
City
Scheme
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
Lahore
Central Park
A
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
>
(53023)
Saturday, June 2, 2012 03:37 PM PST 

Pakistan Property News : 5 to 10% Capital Gain Tax (CGT) imposed on sale of property



ISLAMABAD: The federal government, through the Finance Bill 2012-13, has imposed 5.0 percent to 10 percent capital gains tax (CGT) on sale of property and 2.0 percent capital value tax (CVT) on immovable properties in the federal capital.

It has reduced turnover tax from 1.0 percent to 0.5 percent; slashed higher rates of 19.5 percent to 22 percent sales tax to 16 percent; eliminated federal excise duty (FED) on 10 items and reduced customs duty from 35 to 30 percent on 293 items.

The Finance Bill 2012-13 released with budget 2012-13 on Friday has proposed that 10 percent CGT would be applicable on sale of property within one year of the date of the accusation of property; 5.0 percent CGT on sale of property within two years and no CGT would be applicable on sale of property beyond two years. The Federal Board of Revenue (FBR) has estimated generation of Rs 1.5 billion through imposition of CGT on sale of property. The CVT on immovable properties is not being levied in Islamabad Capital Territory. It is proposed to levy and collect CVT on transactions of immovable properties in Islamabad with identical structure adopted by the provinces.

The tax rates for passengers as well as goods transport vehicles are proposed to be enhanced for 20 persons or more from Rs 100 to Rs 500 per seat per annum. In case of goods transport and vehicle, the tax rate has been increased from Re 1 to Rs 5 per kilogramme laden weight.

A number of tax relief measures have been taken for the business community as well as general public. In case of business community the rate of minimum tax is proposed to be reduced to 0.5 percent from 1.0 percent on gross turnover. The relief measure would cause revenue loss of Rs 11 billion. The basic exemption limit has been raised for salaried and business individuals to Rs 400,000 and reduced the existing slabs from 17 to five. These concessionary measures will exempt 64,420 taxpayers besides reducing the effective tax rates and providing relief to the entire salaried and business community. The FBR will suffer a revenue loss of Rs 4.5 billion by providing the relief to the salaried class. One of the major documentation measures is that the manufactures have been declared as withholding agents to collect 1.0 percent tax against sales made to traders and distributors. The FBR has estimated to generate Rs 13-14 billion through this particular revenue generation measure.

To give incentive to the taxpayers opting out of Presumptive Tax Regime (PTR) a lower rate of tax is being offered to commercial importers, exporters and suppliers.

According to the Finance Bill 2012-13, the exemption granted to profit and gains to the Venture Capital Company and Venture Capital Fund till 2014 is proposed to be extended for a period of 10 years - up to 2024. It has been observed that the banks invest in capital market and in return dividend received by the banks is taxed at 10 percent. In order to eliminate the tax arbitrage it is proposed that dividend received by banks from money market funds and income funds are to be taxed progressively for a period of two years (for tax year 2013 at 25 percent and for tax year 2014 onwards at 35 percent).

To promote investment in securities and insurance sectors, the limit of investment eligible for tax credit is being enhanced from 15 percent to 20 percent of the taxable income. The existing limit of investment of Rs 500,000 in securities or insurance premium is also being increased to Rs 1,000,000. The retention period of securities is also being reduced from three to one year.

Mixed relief:

* 2% CVT imposed on immovable properties in federal capital; turnover tax reduced from 1 to 0.5%

* Higher rates of 19.5 percent to 22 percent sales tax slashed to 16%

* FED on 10 items eliminated, customs duty reduced from 35 to 30% on 293 items

Salman replied on Saturday, June 2, 2012 04:41 PM PST 

good news!!!!

Now investors will not play with Plots/
files like they do in stock exchange. Every one would be careful and make long term decisions

Ahmed replied on Sunday, June 3, 2012 12:28 AM PST 

I don't thnk short term investor will affect on this tax. Because they will include the tax amount in the selling amount which buyer have to pay. It means property value will be increased.

SI replied on Sunday, June 3, 2012 03:24 AM PST 

But who will judge the profit amount due to some underhand dealing? Also someone may have to sell at loss to meet some urgent need.
Please comment

Lahori Baba replied on Sunday, June 3, 2012 12:23 PM PST 

They always announce these things in budget but never included them in approved budget. Even if they do include in approved budget no problem. Why?

capital gain tax will be paid only on DC values as CVT tax is also paid on DC values today.

For Example:

DC value of DHA phase 9 on kanal is 11 lacs. If they increase DC value in next 2 years to 13 lacs. You will have to pay just 5% on 2 lacs gain if you sell in 2 years. Other words just Rs 10000. BIG DEAL ?

Capital tax will be charged only on DC value as every one will have different price for sale purchase.

Lahori Baba replied on Sunday, June 3, 2012 01:26 PM PST 

BTW I will repeat one of my past post

Property buying selling is not like stocks buying selling. If you want to gamble go to stocks. Property should be bought keeping min 3 years waiting period in mind.

From_Karachi replied on Sunday, June 3, 2012 03:10 PM PST 

And who is going to suffer the most ?

Poor estate agents who run from here to there to strike a deal, make phone calls from their own pockets, fill petrol in their bikes from their own pockets.

Ultimately, the poor are going to suffer here in this sector as well.

Noble, Riyadh replied on Sunday, June 3, 2012 03:21 PM PST 

This is a big summer salt. It used to be like that long time ago and people used to go the registry or affidavit/power of attorney way etc. They will force this part of real estate business to go underound. If you block the way, the water course would divert itself. It is a sensless move.

MAS replied on Sunday, June 3, 2012 07:05 PM PST 

We are talking about "Underhand dealing" i.e. tax evasion or about "Power of Attorney way" or about "serious downward trend" or about finding refuge under "DC Value".

I don't understand why is it such a big deal to pay 10% of income as tax. You are still keeping 90%.

@ SI if you are selling at loss your CG and therefore your CGT will be zero. Relax.
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(53022)
Saturday, June 2, 2012 03:35 PM PST 
Impact of budget on property market

What would be impact of budget 2012-13 on the property market? I think the upward trend of property price will continue because the budget is deficit by Rs. 1.105 trillion and this will cause hyper inflation and hence there will be increase in prices of almost everything including property.

imran replied on Saturday, June 2, 2012 04:34 PM PST 

as one going to pay tax if he gona sale his property widin 1 year or in two years dats y investors would b out of the property business and
prices will cum down to its actual

Ali Abbas replied on Saturday, June 2, 2012 05:04 PM PST 

if an investor is getting for example 5 lakhs profit i dont think he will stop investing becoz of 25000 of tax on it. n o effect on property
prices
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(53021)
Saturday, June 2, 2012 02:36 PM PST 
Dha Lahore Phase 8 Plot For Sale June 02,2012

Dha Lahore Phase 8 Plot For Sale June 02,2012

One Kanal Plot For Sale DHA Phase 8 Lahore Near X 755 @ 65 Lac
One Kanal Plot For Sale DHA Phase 8 Lahore Near T 604 @ 65 Lac
One Kanal Plot For Sale DHA Phase 8 Lahore Near V 289 @ 67 Lac
One Kanal Plot For Sale DHA Phase 8 Lahore Near X 564 @ 75 Lac
One Kanal Plot For Sale DHA Phase 8 Lahore Near V 630 @ 20 Lac Own
8 Marla Plot For Sale DHA Phase 8 Lahore Near Y 555 @ 33 Lac Installment
5 Marla Plot For Sale DHA Phase 8 Lahore Near Y 381 @ 23 Lac Installment

2 Marla Sector Shop For Sale DHA Phase 8 Lahore Near V 51 @ 36 Lac Installment

Mian Rashid
03028409967
Lahore Real Estate
Rashid.lahorerealestate@gmail.com
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(53020)
Saturday, June 2, 2012 01:23 PM PST 
z2 phase 7 plot

hi i have a plot in phase 7 z 2 .its prior number was 1182 but then DHA changed the plot number but still its near that one. whats the price here right now.is there any chance that Z 2 can also go the way of good sectors in near future with price range of 6500000. thank you

Lahore Real Est replied on Saturday, June 2, 2012 09:33 PM PST 

Near Z2 1176 lane can be sold around 39 to 42 depending on
location.

Salman.LahoreRealEstate@Gmail.Com
03004009967
Lahore Real Est
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