Lahore Real Estate Forum

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(47264)
Monday, April 18, 2011 08:08 PM PST 

Dear Mian Rashid (LRE)
Dear Mr. Jameel & Mr.Habib

A friend of mine from UAE has just purchased 4 Kanal Land (Commercial)@ 42 Lac per Kanal at Defence Road. Exact location is besides a Palace like home opposite King Edward Medical Housing Society, next to DHA Rahber 2 and Khayaban-e-Amin.
He was pushed by his brother who is a Timber Merchant and got very confirmed news that Timber Market is moving there and commercially this place is very viable. I would like to know from Brothers of this Forum if they have any information on this subject.
I am interested because i am in search of 5-8 Marla Commercial place where i could invest for future.

Ch. Yousaf replied on Monday, April 18, 2011 09:52 PM PST 

Defence road is part of RING ROAD as per the new design. A major change. This I heard from some important guy in Bahria town.

Jameel replied on Tuesday, April 19, 2011 02:49 AM PST 

i am not aware of this news but this area has future potential Price of 42 Lac price is Ok if this have big front, other wise it is too much price

AG replied on Tuesday, April 19, 2011 04:42 AM PST 

Be carefull. This land may fall into Right of Way for Ring Road.

usman replied on Tuesday, April 19, 2011 05:32 AM PST 

there is no comfirmation of ring road map change .....small changes is possible but huge change like full direction change is not possible second there is a large amount of societies coverd already n
prices are high to buy property on defence road to made ring road secondly a major part of industrial area which is a major impact ......defence road becomes a best commercial place after some year.....best college universities on defence or riwand road n also many societies are there like valencia dha rehbar awt khyaban e ameen etc i m not sure defence road becomes a part of ring road or not ...but defecence road always take a special worth ....because of industry....hope so ur investment safe n sound ....we just hope no body sure about future judge everything urself n belive in Allah......

SI replied on Tuesday, April 19, 2011 02:25 PM PST 

I agree with AG, it is quite possible that land may fall to ring road or plot access may be from service road in case Defence Road is converted to ring road as no direct approach is possible from ring road.
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(47263)
Monday, April 18, 2011 05:44 PM PST 
LDA-Avenue 1, 10 Merla plot for sale

Ad Type
City
Scheme
Block
Plot
Size
For Sale
Lahore
LDA-Avenue 1
M
244
10 Merla
For Sale - Plot No.244, Block M,LDA Avenue-1 send your offer to or call

shahid
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(47262)
Monday, April 18, 2011 03:50 PM PST 

Salam Everyone!


Very impressed with the knowledge and efforts of some of the users of this site like CMY and few others. I think you guys are doing a great job in educating and helping people and making them aware of the market. Hats off to you!

I have a question regarding Phase 6 Sector C , 1 Kanal Plots. Can anyone confirm how much is it worth esp the plots which are nearing the village like the 850s lane and 930s that i'm interested in. And are they good bets for investment (for 6-12 months)? Also, how do you rate Sector E and the worth of 1 kanal plots in E???

Many thanks in advance!

MALLHI

Habib replied on Monday, April 18, 2011 07:10 PM PST 

Hi, CMY is only expert in price as these are changing at fast pace but I will comment about
Location only
Bad Location Like near Village and Graveyard are bad investments as these are hard to sell even with Substantial discount, Imagine you are having an average plot with worth 50 and you can cash it in 49 in Couple of Months
But you have a bad location Plot of worth 45 but you dont get any buyer even at 40 for a year.
If you are commited to make home then it is other case 850S is Better than 930S

akbar replied on Monday, April 18, 2011 07:30 PM PST 

Dear Mallhi/Habib

plot number near 722 c phase 6 is approx 65

MALLHI replied on Monday, April 18, 2011 07:32 PM PST 

Thanks Habib sb! Appreciate your response!

I think you are right about the
location and that fact that the better ones sell quickly and vice versa. But your budget makes you think about all the available options. I am not commited for making home, i am more of an investor who can hold from short term to long term for better returns.

Just a correction, when i stated 850s and 930s, I meant the plots in the range of 850-860 C and 930-940 C and not Sector S...

Thanks again for your informative reply! Looking forward to to more responses!

MALLHI replied on Monday, April 18, 2011 07:35 PM PST 

Thanks Akbar!

Could you tell me what are good options in the range of 50-55 if someone is looking for a 1 kanal plot in Phase 6??
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(47261)
Monday, April 18, 2011 03:34 PM PST 
Advice

One of My family member is in process of buying a plot in Valancia 16 Merla 45X80 For immidate home Making price is about 35 with hard Brgain, Plot is near Valancia Homes very Populated area, Elec gas water alll ready.
what are comments of other experts, is this price Coeect these days

usman replied on Monday, April 18, 2011 04:57 PM PST 

i think good investment because valencia is fully developed and there is no letigation issue a good place for residence right price

Ch. Yousaf replied on Monday, April 18, 2011 05:58 PM PST 

Society is good but most of the plot owners are overseas and investors. They appear in the market, get estimation of their plot and disappear again.

Society is very good but for investment you cannot match it with Bahria or DHA

saif replied on Monday, April 18, 2011 06:21 PM PST 

i think dha is much expansive residence according to valencia.... a middle class cannot afford residence in dha ....valencia is a good society many people live n invest here so i beleive ghar ko maintain krna uske expense matter krte hain aj kal apna ghar hi ban jae wohi buhat hai jitni inflation hai....if u have ability to afford dha i recommend u go for dha otherwise valencia is also a good worth

Habib replied on Monday, April 18, 2011 06:40 PM PST 

Thank for iput for all I know valancia very well but my question was only about this price as I was not in touch for price for long time

usman replied on Monday, April 18, 2011 07:28 PM PST 

sir it is depend upon
location if location is good wide road and easy approach then price is alright but i suggest u u comfirm estate advisors which is sit in valencia

Ch. Yousaf replied on Monday, April 18, 2011 09:58 PM PST 

Depending on the
location price should be 28 to 32 in my view. In 35 just add 8 to 10 lakh and buy 1 kanal in J or H block.

Jameel replied on Tuesday, April 19, 2011 03:01 AM PST 

L Block is much better than J Block, 35 near Valencia Homes is Very good price as 5 Merla in that area is 19 Lac and 10 Merla is about 28 to 33 on average
location.
Kanal in J Block near graveyard is about 34 and other Boundary Kanals are 40 Lac,
16 Merla is good in 35 it is as good as Kanal as it has 45 Front and many DHA kanal Maps exactly Fit in as in DHA you have to leave 45 Feet on both sides but in Valancia as per LDA rules you have to leave only on one side. Main exit of valancia is opening soon and you will see impact on it.

FAROOQ replied on Tuesday, April 19, 2011 08:23 PM PST 

Mr. Jameel,

Where is main exit please?

usman replied on Wednesday, April 20, 2011 12:46 AM PST 

main entrence/exit of valencia town is khyaban e jinnah road.....which is mostly completed .....valencia 2nd entrance from defence road....3rd entrence from wapda town.....inshahallah appriciation must when khyabane jinnah enterence is open

FAROOQ replied on Wednesday, April 20, 2011 01:55 PM PST 

Dear Usman Sb,

Thank you very much for your reply.Usman Sb,Khayaban-e-Jinnah Road entrance/exit work is stopped for the last 2 years. WASA has not released funds. What is the latest situation on ground now and when you think this small bridge will be ready.

Habib replied on Wednesday, April 20, 2011 03:25 PM PST 

Road is ready and Bridge all beams installed looks that will open by July

usman replied on Wednesday, April 20, 2011 04:30 PM PST 

Habib sahab give answer of ur question ....road is totally ready inshahallah in july, august will open for traffic......i know funds problem here but valencia society also forces to work rapidly because valencia main approach is khyaban e jinnah .....valencia goodwill is increases depend on this direct approach ....

FAROOQ replied on Wednesday, April 20, 2011 05:23 PM PST 

Thanks a lot Mr. Habib & Mr. Usman .
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(47260)
Monday, April 18, 2011 03:29 PM PST 
Pak Rupee Improving

Pak Rupee improved almost 1 Pupee against Dollar what is reason? Dollar on free fall??

Sleepless replied on Monday, April 18, 2011 04:10 PM PST 

so is it a good time to invest in dollars? Because its very rare that ruppee goes up and almost always, it slides back down.

Khan replied on Monday, April 18, 2011 04:28 PM PST 

I think it is related to the situation in Middle East. Most of the Pakistanis are sending money back to country and that is why remittance increases of max in March 2011.

ww replied on Monday, April 18, 2011 05:25 PM PST 

there are multiple factors. yes overseas pakistani are sending money to pakistan on the other hand pakistan industry is shut down and there are no industrial imports so no payments in dollars instead govt is taking loans and aid in dollars.

Ch. Yousaf replied on Monday, April 18, 2011 05:54 PM PST 

This jump is temporary which might over in another 3 months. This is happening because in local markte more dollers are available than required. One of the factor is situation in Middle East. But soon it will over. Other than this Pakistan's new fiscal year is coming and it is old tactics of govts to show Rupee is strong during that time so that no rumors spread in the market regarding the budget. In my view, coming debt payments, increase oil price, improving ME situation will soon let our Rupee to fall.

pakistan_lover replied on Monday, April 18, 2011 07:47 PM PST 

hayay our greedy mentality

Rupee is going up and people are praying that dollar will kick back and they will earn few bucks...........

think big .........for your country.......greeddyies

AG replied on Monday, April 18, 2011 08:20 PM PST 

Shabassah Pakistan Lover. Keep it up.

Ch. Yousaf replied on Monday, April 18, 2011 10:04 PM PST 

@Pakistan Lover

Brother no one has shown any greed due to fall or raise of Pak Rupee. Here we discussed what is happening and what will happen.

It is easy to criticize. Do you have any plan to strengthen currency.
Advice ... dont just read the message, also try to understand.

ASK replied on Tuesday, April 19, 2011 12:13 AM PST 

I dont think it is the Rupee that is gaining but the Dollar is going down globally. Look at the Canadian Dollar. Other currencies like the Euro and Canadian Dollar are actualy going up against the Rupee and the Dollar.
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(47259)
Monday, April 18, 2011 03:13 PM PST 
Lahore Ring Road Southern Loop

Can some one update about the latest status of Lahore ring road (southern loop) as it was announced that construction will start by April-2011

Ch. Yousaf replied on Monday, April 18, 2011 05:56 PM PST 

This is the reason CM went china. China has shown interest in our LRR project.
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(47258)
Monday, April 18, 2011 02:35 PM PST 

(Best Investment) 11.55 marla commercial plot is available for sale on newly carpeted road Only in Rs.1500000 (Per Marla). It is situated at Main Multan Road, Addj Badar Block Allam Iqbal Town Lahore. Best for Display, Car Showroom, Bank, Shops, International Restaurants or Electronic Centre. Contact us for more details.

Imran
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(47257)
Monday, April 18, 2011 02:26 PM PST 
Aashiyana houses balloting on May 1,2011

Aashiyana houses balloting on May 1,2011
LAHORE – Chief Minister Shahbaz Sharif has said that Aashiyana Housing Scheme is a revolutionary project of the Punjab government under which such modern residential facilities will be provided to the poor, laborers, orphans, widows and the families of martyrs as are available in the housing schemes for the elite, says a handout.
He said transparency in the execution of development projects is the hallmark of the present government and like Daanish Schools, Aashiyana Housing Schemes will also be completed in a transparent manner. He said balloting for the first Aashiyana Housing Scheme will be held on May 1 and in the first phase keys of 400 houses will be given to the lucky winners of the draw in the next three months.
He was talking to media after a briefing meeting regarding the pace of implementation of Aashiyana Housing project at Saroba Atari, here on Sunday. Senator Pervaiz Rashid, Chairman Punjab Land Development Company Sheikh Allauddin, Members Provincial Assembly, Chairman Planning and Development, Senior Member Board of Revenue, Secretary Housing, Chairman Punjab Information Technology Board, Secretary Information and senior officers concerned were present. Secretary C&W Maj (r) Azam Salman and Commissioner Lahore Division Nadeem Hassan Asif give a detailed briefing regarding construction of link roads and provision of health, education and sports facilities in Aashiyana Housing Scheme respectively. He said 10 per cent quota had been reserved for widows, orphans, disabled and the families of martyrs in Aashiyana Housing Schemes and Punjab government would itself make the down payment of Rs 2.5 lakh for the houses of such persons.
He said that provincial government was utilising all available resources for the welfare and betterment of the masses and the low-cost Aashiyana Housing Scheme was an important step towards transforming the country in accordance with the vision of Quaid-e-Azam and Allama Iqbal and promoting a feeling among the common citizens that they have an equal right over national resources. The chief minister congratulated the elected representatives, administrative officers and the entire team engaged in furthering Aashiyana Housing Project for their cooperation in the noble cause of implementation of this welfare project. He said media which was playing an important role in reformation of the society should also highlight such welfare activities. He said Aashiyana Housing Schemes would be completely free from corruption and media should point out if any shortcoming was detected.

JUTT replied on Tuesday, April 19, 2011 03:30 PM PST 

what about the old
location which is on Rai Wind to Suwa Asil Road? Ashiana has 2 locations or cancelled the first location. waititng for reply.
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(47254)
Monday, April 18, 2011 03:40 AM PST 
10 marla plot covered area : 10 m BT

Ad Type
City
Scheme
Phase
Wanted
Islamabaf
Bahria town
4
AoA,
Can anyone tell me what is the covered area for double story of 10 marla plot in bahria town rawalpindi ?
Thanks

pardesifr replied on Monday, April 18, 2011 08:17 PM PST 

Anyone can help please ?

AG replied on Tuesday, April 19, 2011 12:07 AM PST 

In Bahriia Town Rawalpindi.

For 10 Marla Plot.
Permissable Land Use = 70% (1575 Sq.ft)
FAR(Total Covered area) = 1:1.5 {3375 Sq.ft)

pardesifr replied on Tuesday, April 19, 2011 03:19 PM PST 

Thanks AG

So FAR is the area with Ground Floor+First floor, Am i right ?

Total Permissable land use is 70% but as there are other restriction it drop it down a little bit.

Space to spare : (for plot of 30 X 75 10 Marla)
10 ft Front : 10 x 30 = 300 sqft
5 ft : one Side : 5 * 75 = 375 sqft
5 ft back : 5 x 30 = 150
Total place to spare : 825
Total plot size = 30 x 75 = 2250 sqft
Land to be used = = 1425 sqft (63 %)

So in reality it is 63 % not 70% :(

Am i right ?

So with first floor which I assume is maybe 90% of groud floor = 1425 x 90% = 1283

So Total area approx will be 2708 sqft

Can anyone confirm if my calculation are correct or not ? Or i am missing something ?

Javed replied on Tuesday, April 19, 2011 03:37 PM PST 

Good calculations dear pardesifr, just a small thing is missing, if you have already taken the front & back space area then one side passage area will be 5x60 instead of 5x75

visitor replied on Tuesday, April 19, 2011 05:16 PM PST 

@perdesifr
want to ask you one thing,what is the meaning of your nick(perdesifr,
honestly i have seen many times on this site.but never understand the meaning of your name.lol

Saeed Chaudhry replied on Tuesday, April 19, 2011 07:02 PM PST 

Dear Pardesifer

please make some correction in your calculation :
10 ft Front : 10 x 30 = 300 sqft----- OK
5 ft : one Side : 5 x 60 = 300 sqft
(as you are already deducting 10 ft front & 5 ft backside)
5 ft back : 5 x 30 = 150 ----- OK
Total place to spare : 750
Regards

AG replied on Tuesday, April 19, 2011 07:02 PM PST 

@Peresifr.

The figures I have given are correct.
Further the permissable building height is 38 ft.

Regards.

AG replied on Tuesday, April 19, 2011 07:27 PM PST 

@Perdesifr.

The figures I have given are applicable to all the following plot sizes.

30x75, 35x70 & 35x65.

So you will get slightly different figure for different sizes of plot.

Regards.

pardesifr replied on Tuesday, April 19, 2011 07:45 PM PST 

Thanks for correcting Javed and Chaudry :) you guys are right

visitor > Pardesi = Stranger / Immigrant in Urdu Fr = France, as i was living before i came back in home country last year :)

ali replied on Saturday, June 24, 2017 07:41 PM PST 

and wat is the min cover area we can use to built a 10 marla house in bahria town 8 rawalpindi
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(47253)
Monday, April 18, 2011 03:13 AM PST 

I am in the process of transferring office space in liberty chowk area but I need to how much is stamp duty.
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(47252)
Monday, April 18, 2011 02:55 AM PST 
sell a plot

Ad Type
City
Plot
Size
Demand(Rs)
For Sale
Islamabad
12
500 yards
2500000
I want to sell a plot.
Info. is
street # 05, plot # 12,sector E16-3.
Size 500yards (01 kanal).
Contact number is. .
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(47251)
Monday, April 18, 2011 01:37 AM PST 
what is current situation of ALAMIN society phase 3?

what is current situation of ALAMIN society phase 3?
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(47248)
Sunday, April 17, 2011 08:46 PM PST 
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(47246)
Sunday, April 17, 2011 04:40 PM PST 
Ashiyana Housing Project Lahore Ballot Will Be Held on May 1 2011

Breaking News: Ashiyana Housing Project Lahore Ballot Will Be Held on May 1 2011.

Please wait for more details.

Ch Mujahid Yasin
03224009967

Tags: Ashiana Housing Project Ballot
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(47245)
Sunday, April 17, 2011 04:29 PM PST 
House for sell in Jauharabad district Khushab (Punjab)

Ad Type
Scheme
Size
Demand(Rs)
For Sale
Iftikhar Town
7 marla
4000000
ASSALAM U ALAIKUM;

Hello friends, i want to sell my house

The discriptions are;

Total Area 220 Sq.Yard(07 Marla)

Double Story(Dual Separation with two individual main gate)

4 Bedrooms with attached bathroom with PVC fitting & ceramic tiles)

2 TV Lounge

1 Drawing Room

1 Store

2 American Kitchen(Furnished)

Full Marble Construction with RCC

Total Covered Area is 2300 sq.ft

The house# is 130, Iftikhar Town, Jauharabad district Khushab(Punjab)

The reasonable Price is only Rs=4000000/=Forty Lacs

If anyone is interested so please contact me on this

# ( Iqbal Hussain ) :sh: :sh:

Gultaib Khan replied on Thursday, August 18, 2011 06:38 AM PST 

hi,if you have not sold your house yet.i may be interested but the price is steep.

you can
contact me or e=mail

Regards

Gultasib Khan

shahwal replied on Friday, January 27, 2012 03:03 PM PST 

assalam o alaikum i want to sell our house. it have 3 bedrooms a drawing room 2 wash rooms 7 marla connect us.
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