Lahore Real Estate Forum

Tuesday, September 29, 2026 02:47 PM
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(49547)
Thursday, September 8, 2011 02:34 PM PST 
Bahria Enclave 5 marla letter?

Dear Experts,

Can anyone Please tell me, when we will get letter from Bahria for Bahria enclave plot of 5 marla.i applied for one plot and i dont get any letter till now. If some one has got pls write...
And if so then how i can get it??

Ikram replied on Friday, September 9, 2011 10:53 AM PST 

People who booked 1 kanal and 10 marla plots are getting letters now, i know many people who have got letters last week and this week. I think in next step bahria will give lettere to 8 marla and 5 marla plot bookers, so i guess u should get allotment letter within next month.
>
(49546)
Thursday, September 8, 2011 12:03 PM PST 
Property Tax on Shops

As salam u alaikum
I have couple of shops in a Plaza in Rawalpindi Murree road. The Shops are not yet transfered to my name as some work is still remaining.

I tried to give them to some party on a very nominal rent as there was a delay from the Plaza side.

There is no registry of shops in my name. But the Tax Department sent me a notice of almost Rs. 6000/= per year Tax. Is it justifiable?

Please advice that whether we are liable to pay tax without having any registry in our name?
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(49545)
Thursday, September 8, 2011 11:59 AM PST 
5 Marla plot DHA5

Salam CMY sahab,

I posted few weeks ago about my plot value in DHA5 and you promptly gave me market estimate. How long does it usually take to sell at your price estimates?

Thank you!
>
(49544)
Thursday, September 8, 2011 10:43 AM PST 
Update on Ring Rd in Fazaia Housing Society

Ad Type
City
Scheme
For Sale
Lahore
Fazaia
Dear CMY!
Any news about the ring road that was supposed to pass through Fazaia Housing society.
Has anything been finalized, if yes, could you please show us affected blocks. etc.
You in depth response will be greatly appreciated.

guest replied on Thursday, September 8, 2011 02:35 PM PST 

There is no
update regarding Southern loop of ring road.

But an alternative route to raiwind road is underconstruction within fazaia society. This alternate LDA road begins from khayaban-e-jinnah road and pass through valencia, dha rahber, khayaban-e-amin, fazaia and connects to the road at adda plot along the shareef canal and goes to shareef farm houses. The work on this road has accelerated inside fazaia society. After the construction of this road, an alternate route will be available to go to these societies and the distance will be shortened.

zaheer replied on Sunday, September 13, 2015 06:24 AM PST 

yes ring road is bisection the fazaia from its almost middle. its completion dated is 27 august 2017. confirmed news
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(49543)
Thursday, September 8, 2011 06:34 AM PST 
Tax Certificate for Overseas Pakistanis

A bit off the topic but I have a question regarding tax certificate for overseas Pakistanis. I hope someone can guide me.

I started work in Africa recently and my company deducts a certain percent of my income out of my salary. At the year end my company has promised to give me a Tax Certificate.

Will I be able to use any such Tax Certificate in Pakistan to get reimbursement of taxes paid overseas or is this certificate useless for me?

mahmood Jeddah replied on Thursday, September 8, 2011 10:53 AM PST 

its bit complicated for none residand there is no tax on foreign income however enerally you will not become non-residand in the first year still if you remit to Pakistan through Normal banking channel that part of income can be claimed as exempt from taxes.

Ch. Yousaf replied on Thursday, September 8, 2011 02:18 PM PST 

Hi Usman,

Such certificates have no value in Pakistan and you will not get any reimbursement since you are not paying income tax in Pakistan being overseas pakistani. You are exempt from income tax as you are bringing foreign curreny/income to Pakistan.

zain replied on Thursday, September 8, 2011 06:00 PM PST 

Gents,

Is tax applicable on oversease pakistan's personal property as well? i.e. Home, Land etc

Usman replied on Friday, September 9, 2011 03:21 AM PST 

@ mahmood Jeddah...many thanks for your comments. I think there's some confusion: I already have a NICOP and got it in the first month when I got my work visa. I think no income for a foreign employer can be taxed in Pakistan from a NICOP holder...AS YET!

@Ch. Yousaf...many thanks for your comments. I also got the same feedback from some friends in tax/income industry. But what they suggest is that the Pakistani govt. is thinking to levy a tax on the overseas Pakistanis soon...just like India, US, UK etc. do for their nationals working abroad.(comments welcome!)

@ zain...i think normal tax should be applicable to overseas Pakistanis' personal property in Pakistan...can someone shed some light on the matter?

masifjamil replied on Friday, September 9, 2011 05:13 PM PST 

Dear Mr. Usman:
1) Please note that there are two types of income, Pakistan source income and the second is outside Pakistan source income. Your outside Pakistan source income is not taxable in Pakistan because your status is non resident. Had you been resident, then your such income would have been taxable in Pakistan as well. Your Pakistan source income, if any, is however taxable in Pakistan.
2) Income tax is payable on income and property tax is payable on property. If you hold any property, like house, then you have to pay property tax.Even if you don't reside in Pakistan, you have to pay property tax.
3) No new tax is under consideration in Pakistan at present. The budget has already been passed in June and next would be coming in June 2012. There are no chance that foreign income would be subject to taxation in next years as the FBR even cannot collect taxes from locals. Expatriate Pakistan contribute a lot in shape of foreign currency and thats all the Govt. needs.

MUHAMMAD RASHID KHAN replied on Thursday, August 23, 2012 04:23 PM PST 

Dear Asif Jamil and others !

I need a specific law name/ no. under which NON RESIDENTS PAKISTANIS INCOME is not taxable in PAKISTAN !
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(49542)
Thursday, September 8, 2011 05:35 AM PST 
Plot needed in Sector F-17 Islamabad

Ad Type
City
Scheme
Wanted
Islamabad
F-17
I am looking for a plot in Sector F-17. Please contact me If anybobdy selling.

farooq replied on Thursday, September 8, 2011 10:34 AM PST 

aoa
i have 10 marla house structure in that sector . size 35*70. i want to sale that.
regards
>
(49541)
Thursday, September 8, 2011 03:31 AM PST 
Business Options in Dubai/Sharjah

Sorry for off the record Post. I am businessman in Lahore and earn about 5-10 lakh a month here on credit. i m disheart from Situation of business and law n order situation. I want to shift business in UAE, can anybody tell me what will be best option in UAE for doing business to earn 5 lakh a month by investing 50 lakh in start? i have vast experience of import n export. my expertise is importing from China n Thailand. plz give me some suggestions about best business options in UAE. :h :1)

aslam replied on Thursday, September 8, 2011 04:56 AM PST 

can you please share with other fellows of this web site, what kind of business you are doing in lahore, too many pakistani living abroad want to come back in pakistan. i am among of them.will be thanks full.

Kashif Riaz replied on Thursday, September 8, 2011 01:21 PM PST 

Dear P Paki,

Firstly of all I would like to inform you that with the nominal initial working capital of Pak Rs. 5 Mio (AED: 213 K), with dreaming of getting a return of around 10% ( Pak Rs: 500,000/= or AED: 21 K p.m) is unrealistic , no business what so ever can yield that from the day one…..

Secondly If you are making PRS: 500 K p.m. in Pakistan with just Pak Rs: 5 Mio, kindly let me know the business secret, I’ ll land to my loving homeland next week……..

Now come to your query….. the doing business in UAE/Dubai needs quite a handsome intial capital expenses like, Visa fees, rent for the premises, set up of office, sponsor fee, lot of other fees etc , kindly visit the place first and have firsthand knowledge before jumping into any kind of business.

Regards
Kashif Riaz

AG replied on Thursday, September 8, 2011 01:59 PM PST 

Dear P Pakistani.

1. I suggest that we drop use of the word Paki because it is used in the west to show racial hatred againt Pakistanis.
2. PRs. 5 million is too small amount to start any reasonable, sustainable business in UAE. The probability of loosing your capital is very high. Middle East has shifted from Small & Medium businesses owned by expatriates to Big Malls & Big International Chains of Super/Hyper Markets. World wide recession has also taken its toll in the Middle East & many businesses are closing down everyday.
There are few business failure related suicides as well.
3. I do not, at all, agree with the grim situation of Pakistan painted by International media & some of our Pakistani brothers. Pakistan, InshAllah, overcome all odds & conspiracies ahaint it.
4. You have handsome income & live among your loved ones. Enjoy life & work for the poverty alleviation of fellow Pakistanis.

Regards.

Q replied on Thursday, September 8, 2011 02:11 PM PST 

You seem to be an intellegent businessman to generate such hi return. this amount is not enough for UAE business and you may not even survive 1 years with this amount and will be left with nothing in hand. Allah is same in UAE and Pakistan. The situation in Pakistan will Inshallah change as it can not go worst than this. May Allah bless us all and our country.

ddd replied on Thursday, September 8, 2011 02:13 PM PST 

DDOR KAAAA DHOOLLL SUHANNAA,,,
MY DEAR U SHOULD THANKS GOD THAT U R EARNING THIS MUCH IN UR HOME COUNTRY. I AM IN GULF STATE 18 YEARS MY SAL IS NOT UP TO THAT LIMIT EVEN UNTILL NOW...

COULD U WRITE WHAT IS UR INVESTMENT IN BUSINESS,AND KIND OF BUSINESS

DONT THINK ABOUT TO LEAVE UR COUNTRY,,,A DAY WILL COME INSHALLAH WHEN ALL THE THINGS WILL BE OK IN OUR COUNTRY.

ibrahim replied on Thursday, September 8, 2011 06:26 PM PST 

@P. Paki,

I agreed with the sincere advice of AG Sb and others. With ref. to the subject I would like to say:

1. UAE is not the right option for business at this time of frame reason being all the corporate sectors have moved their business back and shifted to the other GCC specially Saudi Arabia because of their high budget and mega infrastructure projects

2. The return of investment you are mentioning to us is quite impressive and we love to know more about this business as most of the Pakistani people are planning to settle back to their home land.

3. I’m residing in Saudi Arabia and would like to offer my assistance and help to my friends (either from Pakistan / any other country)who are interested to expand their business operations in but not limited to; Trading, IT, Telecom, Oil & Gas (product & services, Industrial Services etc

For any further clarification you may also
contact me at:

P.PAKI replied on Thursday, September 8, 2011 08:55 PM PST 

All my dear friends, I am really thankful to the answer you are giving. Now here r few things to clear:

1) i earn about 20 lakh a month (Allah knows) in Lahore

2) My investmentis about 5 Crore here (if add property it should be 10 crore)i have experience of Importing Chinese products in best way. by the grace of Almighty Allah i think i can do it in best way.

3) i want to start trial investment in UAE, as i found many options in UAE ( i have been there for 10 times atleast).
Like SCRAP sourcing from Europe to UAE can yield 5 lakh per container whlie container cost is 7-20 lakh. i have buyers, searching suppliers from UK and planning to visit next month.

4) Dragon Mart in UAE claims sale at same
prices like china, but they are very highly selling like a product in China is 1 rmb=13 rupee, in dubai it is 3-5 dirham atleast. now i know how to buy in china, i have office in China already. so i can track best quality n prices from there.

5) Crystal which is common accessory for fabric n sewing industry gives 20% profit minimum. it is big problem related quality which i can track through my office. my friends earning in Dubai through crystal trading around 10 lakh a month. so i think i can too.

6) 1-10 dirham shop is great idea which i visited in UAE n SAUDI arabia, this can give 50% profit on sales, only this business requires investment of 3-4 lakh AEDs.

why i wrote here? bcoz i want to convert my Pakistani business into realestate property, like for 4 crore i want to buy property in DHA n leave Pakistan with 50 lakh, crystal trading need only 20 lakh to start and u can earn 1-2 lakh a week :) for most of you may be strange but it fact.

i have friend who imports some apparel accesories from China in 10 lakh n sells in 30 lakh in ShaAlmi lahore, so for you guys this may be high return but infact it is not according to my experience.


..............
1 friend said i shouldn't use "PAKI" dear it is part of PAKISTAN, i will feel proud on this, i know i get dishearted from situation but it doesn't mean i dnt love my homeland....................... i can die for it. but problem is my father died 2 years before, im 28 years old, have young bro, so i want to shift them in safer place,

hope u can udnerstand and give more better advice
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(49540)
Thursday, September 8, 2011 02:19 AM PST 
Plot for sale

Ad Type
City
Scheme
Size
Road
Demand(Rs)
For Sale
Lahore
Gosha e ahbab
3.5 marla
Peco road
1,400,000
3.5 marla plot for sale. plot is near to Marghzar colony, bimillah chowk mandi stop road. very near to main chungi multan road & mandi stop. Interested person can call or email me.

Thanks.
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(49538)
Wednesday, September 7, 2011 08:57 PM PST 
DHA Lahore Transfer Fees As Of Sept 8 2011

We have updated DHA Lahore Transfer Fees. Please check this attached file.

Tags: DHA Lahore Transfers FAQ, DHA Lahore Transfer Fees

Enjoy


Ch Mujahid Yasin ( CMY )
03224009967

JUJ replied on Thursday, September 8, 2011 07:39 PM PST 

Once again great work. Thanks a lot.

Naveed replied on Friday, September 9, 2011 09:45 AM PST 

Would you please post itemised transfer fees for DHA PH-3 also.
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(49535)
Wednesday, September 7, 2011 05:58 PM PST 
CVT and Stamp Duty

Ad Type
City
Scheme
Phase
Block
Road
Dealing
Lahore
Fazaia
1
G
60'
I am buying a 10 marla plot in fazaia. Before the deal i was told that there would be only transfer fees. But now they are telling that government has imposed cvt and stamp duty and i have to give additional 40K for that ? What are CVT and Stamp duty used for and are they applicable to lahore fazaia scheme ?

Ubaidullah Khan replied on Wednesday, September 7, 2011 09:08 PM PST 

There is revision of DC rate (Government's base price for taxation etc.) for this society, from July 2011, therefore, the CVT and Stamp Duty values are increased. I have also experienced this.
However, for your satisfaction, you should confirm details from your dealer or society office.
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(49533)
Wednesday, September 7, 2011 02:57 PM PST 
i need advice for investment

i need advice for investment
Dear CMY sb,
I want to invest 4000000 rupees in property.Please advice me that in which scheme and sector is better for future(DHA/Bahria Town/Wapda town phase 2) ?

DHA Lahore FAQ replied on Wednesday, September 7, 2011 06:47 PM PST 

Please buy a plot in DHA 7 asap before it is out of reach in this budget.

Tags:
DHA Lahore FAQ

Ch Mujahid Yasin ( CMY )
03224009967

Dr. Shahzad Sarwar replied on Wednesday, September 7, 2011 08:55 PM PST 

For me, ten (10) marla Plots of Nargis Block in Sector C Bahria Town Lahore would see good return on investment (ROI)due to following factors:

1) Ten (10) marla plots are available at 13 to 15 lac. This price is low in comparison to all other blocks of Sector C. The primary reason is low constrcution activity in this block. As soon as people start construction the price would go up.

2) In Sector D 10 marla plot is available at 21.3 lac, on installments. The possission is expected in 18 months time (that is December 2012). That means any plot in Sector C (Nargis Block plots too)would then be at least worth of 21.3 lac, or more.

3) Please buy three (3) ten (10) marla plots in Nargis Block by investing 40 lac (4 million), they would be of worth 62 lac (6.2 million) by December 2012, inshAllah. That means 50% gain on your investment for the duration of 18 months.

Take care,

Dr. Shahzad Sarwar

Salman replied on Wednesday, September 7, 2011 09:26 PM PST 

CMY sb. How about two DHA 9
files or a DHA phase 8 plot?

CMY replied on Thursday, September 8, 2011 02:56 AM PST 

Two DHA9 one kanal
files will get more net return than one DHA 8 very very poor location plot in 40 lacs budget.

Tags: DHA Lagore FAQ

Ch Mujahid Yasin ( CMY )
03224009967

Abdullah replied on Friday, September 9, 2011 10:08 AM PST 

CMY sahab,

When you say DHA9
files will give more return, how long are you suggesting to hold it? What do you think about Bahria town as suggested above?

Thanks
>
(49531)
Wednesday, September 7, 2011 02:06 PM PST 
D H A BALLET

Dear CMY

We have watched on value tv that the ballet of the rest of the phases as phase 9/10 and phase 5 ext will be done in DEC 2011.
We request you to comment on this good news.Thanks

SK replied on Wednesday, September 7, 2011 02:40 PM PST 

Value TV?! Really?!

DHA Lahore Ballot FAQ replied on Wednesday, September 7, 2011 03:07 PM PST 

DHA Lahore phase 5 extension ballot is expected in Dec 2011. DHA Lahore phase 9 ballot date is more likely to be in middle of 2012.


More commercial and residential plots are likely to be offered on installments in DHA Lahore phase 9 with DHA 5 ext ballot.

I have heard DHA Lahore have asked military applications for DHA Lahore phase 9.

Tag: DHA Lahore Ballot FAQ , DHA Lahore FAQ

Ch Mujahid Yasin ( CMY )
03224009967

Tahir Sheikh replied on Wednesday, September 7, 2011 09:01 PM PST 

Dear CMY

Thanks for quick reply,We pray that all goes accordingly well as you have mentioned in your reply,Many thanks.ALLAH ALLMIGHTY bless you and your family,However may i ask that keeping in view the present markeet situation what will be one kanal plot price immediately after the ballet in phase 5 with and without development charges.Thanks.

Arshad Ch replied on Wednesday, September 7, 2011 11:23 PM PST 

Military officers have not been asked for applications for Phase-9
>
(49530)
Wednesday, September 7, 2011 01:08 PM PST 
2 K commercial Plot available for Sale

Ad Type
City
For Sale
Gujranwala
2K Commercial plot available in A-Block of Mohafiz Town,Gujranwala..For details please contact Tariq Munir Butt
>
(49529)
Wednesday, September 7, 2011 11:37 AM PST 
Value of 1 K Plot in DC Colony (Rachna Block)

Ad Type
City
Scheme
Block
Plot
Size
Cur. Rate
Gujranwala
DC Coloney
Rachna
Res
1K
I have a 1K plot in DC Colony Gujranwala(Rachna Block) near "Ghora Chowk" on central road behind main blvd. What will be the price. Also please advise should I sell it or keep it, if so for how long? Any other suggestion for shifting it elsewhere for better gain will be welcome. Thanks.

Adeel replied on Thursday, September 8, 2011 07:50 PM PST 

Pl mention street or plot no idea? But generally the
prices at DC Colony are towards down side or stagnant from the peak attained in Nov-Dec last year

Khalid replied on Friday, September 9, 2011 08:59 AM PST 

i am not sure but it is 240 or close to it. what will be the highest price now and kindly advise me on the above question

mubashar replied on Wednesday, November 30, 2011 08:47 PM PST 

i am looking one plot in dc colony gujranwala.did you saled your plot? thx
>
(49528)
Wednesday, September 7, 2011 10:09 AM PST 
Restriction on Plot Transfer(Registery) From Punjab Govt.

I have purchased a Plot from Ahbab Housing Society in Shadab Colony. Now I want to complete the Land Transfer process by Legal process of Registery. When ever I ask Ahbab Housing Society to Transfer the title of this Plot in my name via legal process of Registery. They tell me there is Bar (Restriction) on transfer of plots introduced by Government of Punjab. I do not believe this statement. I think they are fooling me.

Can any body provide me the correct information regarding this matter (Registery of Plots) in Lahore.
Your info will be a great help.

Thanks a lot

advice replied on Wednesday, September 7, 2011 11:50 AM PST 

Please go to Kachehri and ask the persons about the status of the Registry. Officialy there is no problem but the land developers tell their customers this story as there are some objections on their scheme from the Government therefore they do not register their land

Akram replied on Thursday, September 8, 2011 04:10 AM PST 

I cannot go to kachehri because I am living in Riyadh Saudi Arabia. Can any one provide more and accurate info.
Thanks

Muhammad Riaz replied on Thursday, September 8, 2011 03:57 PM PST 

I have also purchased plot in Shadab Colony. After paying all the installments I asked the society for registration in my name about 4 years back. They asked for RS 12000 for registration charges which were paid to them but till todate registratin in my name is not done. Every time I asked them they told different story. What I think is this scheme is not approved by LDA as I saw the list of unapproved socities in this web site and shadab colony was included there. For this reason registration is not possible but the Ahbab society are fooling people. They claim to be Salheen of Jamat Islami but they tell lies to people and dont tell the real reason for not able to register plots.

Akram replied on Friday, September 9, 2011 12:39 PM PST 

Thanks MR. Muhammad Riaz. Your Reply is appreciated. These people are using the name of ISLAM to fill their stomach with fire. I think we should inform the public about their SCAM. All their schemes are very low quality and they do not spend money to develop them. They are parasites living on members money. Let us think of some strategy to put pressure on them.
Thanks
>
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