Lahore Real Estate Forum

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(52124)
Friday, March 30, 2012 03:12 PM PST 

One of brother M.Abid from German has commented on DHA Lahore Phase 9.

I've few comments on that.

I'M SURE IF YOU HAVE BEEN LIVING IN EUROPE FOR LONG, YOU WOULD KNOW THE PROPERTY DEALER/INVESTOR/CONSTRUCTER have been in deep loss since 2008. We should talk about in general rather for particular or two / three cities/countries like Germany, Holland or France etc. These are the countries which have not been hit hard by recession due to their best Economic Strategies they used to handle recession.

You can't compare the most developed three countries with under under developed country's property business in Pakistan.

Did you not know America and rest of European Countries especially UK, Ireland, Greece, Spain, Italy etc. are still in deep recession particularly Ireland and Greece have already been bailed out by IMF due to bad & blind investment and management of property business. I'm not sure why did you not check the statistics of these countries about property prices before commenting above.
O.k I will tell you now, Property prices in UK, Ireland, Greece are at nearly half the price what it was in boom time in 2004, 2005, 2006, 2007. Even the current property prices are that low but still there are no buyer in the market because they can't afford it as people have no job or money. So do you think they spend money/savings on property business like what you are thinking or referring others. You might have millions of Euros that you can think of investing money. Goodluck...

How can you say property prices didn't fall during crises period in Europe / USA, above European countries are the examples for that.

I’ve mentioned already in my previous post that its best to invest in property if you can spare your money for atleast 10 years by not buying at high prices like what is now happening with 1 Kanal file of DHA Phase 9 that has high risk of loss.

Another supporting point for my concern here is that in Property boom time in Europe, people thought to invest in property business regardless what high price they were buying for because they saw prices were getting higher and higher. People bought even two to four houses having greed in their mind like they bought it at e.g. 500,000 Pounds or Euros and will sell it in double of that price in couple of years time but they have been bankrupted now as they have no money to pay it back to banks or to sell the property because current price of same property/house is nearly half what they have bought in boom time.

And banking system in Europe and America has already been collapsed as you know already. So people who would have bought at lowest price back in 2000 to 2003 have already made the profit or even double of what they have bought before recession started. Do you know what I mean? That’s my point to tell others never ever buy at higher price especially when price changes so rapidly whether going up or down.

I totally agree with brother Abid to be 100% faith in Allah for any profit and loss in life but there are number of hadith of our beloved prophet Muhammad (peace be upon him) to first do the needful before you leave everything on Allah Mighty Allah. One of Sahabi (Razi Allah Talah Unho) was to leave a hourse outside house/camp and beloved Prophet Muhammad (peace be upon him) asked him have you locked the horse with any locking point on ground but Sahabi said he left it on Allah who look after or save him but Prophet Muhammad (peace be upon him) told him to lock the horse first then to leave on Allah. So point is we should do the needful or think wisely before we say that we leave it on Allah whether profit or loss.
Please correct me if I couldn't describe the Hadith properly.

Brothers/Sisters, I'm not an property expert but Allah has given us wisdom to use & spend your valuable money only when you see its worth investing.

MS replied on Friday, March 30, 2012 03:50 PM PST 

UnRealisticPriceOfPhase9 ,
I m not seeing DHA Phase 9
Prices are going Down in future @ rapid level ,it will be traded in future @ 25 +. Because there is no files behind left except DHA Phase 9.Before ballot of Park view file and Phase 5 Ext , people have choice either to buy phase 9 or other files.now for buyer of the file there is only one choice that Phase 9.

Khalid replied on Friday, March 30, 2012 06:05 PM PST 

investment in property and expanses on your children's education never get wasted . similarly opportunity do not knock at door so often. in an average life span it comes to you maximum 4 time and if you act in time it rewards and if you miss out you keep regretting whole life.

An opportunity in shape of DHA-9 has already approached you and if you have missed out it is time to regret now and
prices will never ever be so low. longer you let it go higher you have to pay to catch it.

Remember DHA-3 was 12 lack in 1995 . DHA-6 16 lacs in 2003 and DHA-9 16 Lacs in early 2011. Now you keep thinking and do not waste you time in proving crow in not black.

CHASN replied on Friday, March 30, 2012 06:38 PM PST 

Thanks for such an intellectual discussion. Really enjoyed...

Khan replied on Friday, March 30, 2012 06:55 PM PST 

Dear UnRealisticPriceOfPhase9,

You must also be realistic in your views about DHA 9. Please do not misguide others by writing a lot against DHA 9.

Salman replied on Friday, March 30, 2012 07:37 PM PST 

You can't compare the situation in Europe with that of Pakistan for following reasons:

1) Very little prevalence of mortgages in Pakistan; hence no banking risk involved.

2) High double digit inflation since last 10 years whereas the
prices of property have decreased compared to their original value already.

3) 180 million people with 48% population is below 18; As they grow older their demand for independent houses rise enormously...Genuine Demand

4) Huge number of Overseas Pakistanis believe in investment in Real estate.

Salman replied on Friday, March 30, 2012 07:41 PM PST 

and point no. 5) Phase 9 is worth a little more than the price of a Honda Civic. In Europe can you buy a 500 square yard plot or future promise of that plot in that value?

6) It is still 1/4th the value of a plot in DHA on which you can start construction today.

LRE Hot Topics replied on Saturday, March 31, 2012 02:08 AM PST 

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ABID replied on Saturday, March 31, 2012 03:37 AM PST 

Salam to all readers,

Bro Unrealistic, thanks for ur comments. Those were good but not complete. Bro if you talk about whole eastern and westeren Europe then you would find some European countries even behind of my lovely country" PAKISTAN ". Specifically people made a lot money in Spain, Greece, Uk and other ur mentioned countries in the sector of real estate. And LOSS you know why people got, because they were greedy.
As u said, didnot use their own brain and listened their heart.
They just looked others,oh he became millionair why me not.
And everyone must know, EVERY RISE HAVE FALL.
Its principle of nature not mine or yours.

There is also a princple those who think too much THEY ALSO LOOSE. Just win those who act and have trust in ALLAH.

Right Pakistan is a poor state but who made it poor you and me too. What we done? also nothing like our politicians.

But geologically this moment your state is situated in most IMPORTANT POINT, in the centre of,BEST FINANCIALLY GROWING CHINA, 2nd best fin growing INDIA, Muslims battlefield AFghanistan, Most courageous muslim state IRAN, and Arabian see.
Thats why
prices will rise in any way even bombs blast, no energy, no security,no roads, no discipline.

Our opponants like to keep Pakistan backward but then Pakistan is ALIVE and INSHAA ALLAH will stay ALIVE, Grow and Prevail.

Those who are having money let them to invest in property.
If someone will buy a file with 25 lac in ph.9 or a plot in Ph.8 would gain INSHAA ALLAH.
Rupee is getting down and down so its impossible that an owner will loose in dha.

European developed and industrial states are also "TAX STATES" but Pakistan is so called a "TAX FREE" state.
No body ask from where money came, how u earned, why u made so big profit, pay tax.

There is big risk as bro unrealistic says but not in dha. Why? because people like to have home in some good developed, well knowned and trusted area.

Bro unrealistic,
Hadith of tieing a camel having concern with security of yourself not with trade.

Business is the name of risk thats why is halal otherwise it was also forbidden if was just profit.

And if we talk about need, then we shouldn't loose time to get villas but to pray ALLAH Rabul ALLAMEEN while living in tent and having ramadan whole the year round.

But u may live in Villas if all is halal and zakat paid money.

May Allah Bless all of us, the muslims.
amin and wa salam.
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(52123)
Friday, March 30, 2012 03:08 PM PST 

I think it's time now DHA shall start focusing on in-time development of all phases. Their pace of development is really slow and lazy when compared to Bahria Town and other developers. See from the latest pictures of DHA 9 town, it looks like DHA is hesitant to spend enough funds for speedy development and heavy machinery.

Wake up DHA administration... there is a lot to develop and all at the same time i.e. Phase 8, DHA 9 Town, DHA 5 M Block, and then rest of DHA 9/10.
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(52122)
Friday, March 30, 2012 03:00 PM PST 
Bahria Town Sector E Ballotting

Greetings Guys

just want to open topic (if you agree),
why bahria town lahore sector E ballotting is not yet done.

JUJ replied on Friday, March 30, 2012 06:30 PM PST 

Sorry,
No one is into BT these days. More focus on DHA phse 9 file, which is brewing up a storm.
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(52120)
Friday, March 30, 2012 03:40 AM PST 
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(52118)
Thursday, March 29, 2012 06:04 PM PST 
Bahria Town Lahore Sector C 1 Kanal Plot for Sale

Ad Type
Scheme
Phase
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
Bahria Town
C
Iris
303
1 Kanal
100 Feet
32 lacs
Main Boulevard
For best buying selling in Bahria Town Lahore Sector A,B,C,D,E,Plz contact.
03004009766
03224009766
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(52117)
Thursday, March 29, 2012 05:00 PM PST 
DHA Town Lahore Phase 9 Development Update March 2012

DHA Town Lahore Phase 9 B Block Development
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(52116)
Thursday, March 29, 2012 04:57 PM PST 
DHA Town Lahore Phase 9 Development Update March 2012

DHA Town Lahore Phase 9 D Block Sewerage Work
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(52115)
Thursday, March 29, 2012 04:53 PM PST 
DHA Town Lahore Phase 9 Development Update March 2012

DHA Phase 9 A block Commercial
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(52113)
Thursday, March 29, 2012 04:33 PM PST 

Dear LRE team ! You guys are doing a great service. Keep it up ... May Allah help you !
Please update current rates. Thanks
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(52112)
Thursday, March 29, 2012 02:39 PM PST 
DHA Town Lahore Phase 9 Plots Price Update

:1)

Five Marla Plots

Block A Minimum 15.75 Lacs Maximum 21 Lacs

Block B Minimum 15.50 Lacs Maximum 22 Lacs

Block C Minimum 14.00 Lacs Maximum 20 Lacs

Block D Minimum 13.75 Lacs Maximum 18.50 Lacs

Eight Marla Plots

Block A Minimum 26 Lacs Maximum 28 Lacs

Block C Minimum 23 Lacs Maximum 25 Lacs

Block D Minimum 23.50 Lacs Maximum 25 Lacs

Ten Marla Plots On Installments

Block A Minimum 40 Lacs Maximum 41 Lacs

Block D Minimum 37 Lacs Maximum 41 Lacs


Mian Fawad Ahmad
0302-4489001
Fawad.LahoreRealEstate@Gmail.com

Riz Khan replied on Thursday, March 29, 2012 05:01 PM PST 

Hi
Mian Sb these are plots not
files am i right?
why these are expensive?
what are the installment plans for 10 marla please advice?

Regards

Mian Fawad Ahmad replied on Thursday, March 29, 2012 05:17 PM PST 

Mr. Riz Khan These are Plots
Prices Including Development Charges,
Development Work 40 % Complete and possession expected end of next year.
Ten Marla Installment Plan:
Down Payment Rs. 21,45,000/-
Each Installment Rs. 270,000/- after 3.5 Month

Mian Fawad Ahmad
0302-4489001
Fawad.LahoreRealEstate@Gmail.Com

LRE Hot Topics replied on Saturday, March 31, 2012 02:08 AM PST 

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(52111)
Thursday, March 29, 2012 02:05 PM PST 

Any thought/suggestion of investing in Commercial plot budget 50Laks to 75Laks Interest in DHA only, can anyone think of best oppertunity



Thank you
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(52110)
Thursday, March 29, 2012 01:43 PM PST 
Phase 5 block M

I have 2 nos. Plots in block M. Is trading of these newly balloted plots started? Thanks
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(52109)
Thursday, March 29, 2012 10:52 AM PST 
Builder for Grey Structure construction

Salam everyone,

I'm looking for reputed and experienced builders who have done previous projects in DHA Lahore.

The scope is to outsource Grey structure construction for our 1 Kanal residential house in Phase 6. All the architectural drawings, detailed floor plans, and construction material specifications documents are ready to be shared with the contractor.

The plan is to contract out the grey structure construction (material + labor), whereas, construction materials approval and supervision be done by our architect office.

I need to hear from experienced friends and visitors who have recently finished construction of their homes.
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(52108)
Thursday, March 29, 2012 10:40 AM PST 

Salam to all my bro & sisters,

I aprreciate the detailed answers of brother with topic unrealistic prices. Mashaa Allah u brother have good knowledge.
I'm also Lahori but living in Europe.
As i observerd the best PLACE TO BE....is... MY PAKISTAN.Alhamdulillah done & doing great business but even than i regret why did i not start my struggle in Immobolian/real estate business.
I did and got great benefits in immo,Alhamdulillah, but great losses in other businesses.
As I know the trend of different famous cities of Germany, Holland, Belgium, France etc the prices of property didn't fall. Yes those stayed in few areas but not fell. European people too are regreting why did they put their savings in bank fix deposit schemes, why did they not buy immobilian property or gold.
That's why the property prices didn't fall even in this crises period.
Surely property is not just only one business to be good.E.g;Import & export is also one of the best and blessed.
Just property business as revealed by name....REAL ESTATE....or...IMMOBILIAN......is not moveable thats why provides more security.
Secondly it is concerned with population, so it rises so long population rises.
Of course our Pakistan is one of the best and beautiful places on earth and we the Pakistani are also top holders in each field in the world Alhamdulillah.
But why we are losing or depressed;;;;its just because of lack of our IMAN/FAITH in Allah Rabul Allameen.
I just say to buyers and investors in each case they will gain profit Insha ALLAH but quite possible they have to wait for few years longer. Profit and Loss is in the hands of Allah.
So buy or sell with 100% faith that i know nothing but Allah is QULI SHA in ALEEM.
I think, Rest ALLAH KNOWS THE BEST, the price of each 1k plot will touch minimumly 150 lacs in next 10 years, depending on population rate. And if our beloved Pakistan 's situation becomes stable then u forget to buy less than 300 lacs in next 10 years.
At the end i like to tell to all my bro & sis, its my vision , nobody is obliged to agree with me.
May ALLAH BLESS U ALL,Me & my family and my lovely PAKISTAN!!!!!!a

what replied on Friday, March 30, 2012 02:45 PM PST 

what are you talking about I don't understand your point...
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(52106)
Thursday, March 29, 2012 12:58 AM PST 
Bahria Town Lahore Safari Villa For Sale

Bahria Town Lahore 5,8 Mala safari Villa for Sale.
5 Marla 2 bed single story villa available at 32 lacs.Ready to move in Or get 17000.Rs rent per month.
8 Marla 3 bed room double story villa available at 50 lacs.Ready to move in Or get 22000.Rs rent per month.

For best buying selling in Bahria Town Lahore sector A,B,C,D,E Plz contact.

03004009766
03224009766

:forsale: :forsale: :forsale:
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