Lahore Real Estate Forum

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(41471)
Tuesday, January 12, 2010 03:57 PM PST 
Lahore Real Estate Market Pulse as of 01.00 Pm Jan 12, 2010

Plots File Prices Market Pulse by Lahore Real Estate

DHA Lahore Phase 5 Extension Allocation File: Buyer(s) at 21.40 Sellers(s) at 21.50 lacs

DHA Lahore Phase 6 Allocation File 1 kanal Sellers at 30.50 lacs

DHA Lahore Phase 6 Affidavit 10 Marla File Sellers at 22.00 lacs

DHA Lahore Phase 7 Affidavit File Sellers at 19.00 lacs.

DHA Lahore Phase 8 Allocation File Buyer(s) at 34.65 Lacs Seller(s) at 34.80 Lacs.

Parkview-DHA-8 Lahore 1 kanal allocation file Buyer(s) at 23.90 Lacs Seller(s) at 24.00 Lacs

Parkview-DHA-8 10 Marla allocation Buyer(s) at 17.00 Lacs Seller(s)at 17.10 Lacs

DHA Lahore Phase 9/10 Allocation File Buyer(s) at 13.55 Lacs Seller(s) at 13.65 Lacs

DHA Lahore Phase 9/10 Affidavit File Available at 14.00 Lacs


DHA Islamabad Phase 2 extension lowest price certificate file is available at 8.10 to 8.20 Lacs

DHA Valley Islamabad open files 5 marla 5 paid sells at loss of = 61000 to 65000

DHA Valley Islamabad open files 8 marla 5 paid sells at loss of = 84000 to 92000


Bahria Town Lahore Sector C 10 marla 2 paid buyers at 1.99 sellers at 2.01 lacs

Bahria Town Lahore Sector C 10 marla 3 paid buyers at 2.74 sellers at 2.76 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 2 paid buyers at 1.40 sellers at 1.43 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 3 paid buyers at 1.84 sellers at 1.87 lacs

Bahria Town Phase 8 without development charges General blocks other than A B D C 3.05 to 3.28 lacs for 10 marla

Bahria Town Phase 8 with development charges cleared in blocks A B D C 8.00 to 9.35 lacs for 10 marla



**********************************
***For More Detailed Prices Schemes Click Here***

***For Past Prices History Click Here***
**********************************


Rates you can trust are provided by:



Ch. Mujahid Yasin ( CMY )
Lahore Real Estate
Registered/Authorized Dealer (DHA, EMAAR, Bahria Town, Urban Developers, etc.)
042-35692420 to 23 0r 042-111-111-040 in Office Hours Only
Mobile +92-322-400-9967
eMail: LahoreRealEstate@Gmail.Com

http://www.LahoreRealEstate.com
>
(41470)
Tuesday, January 12, 2010 01:31 PM PST 
STATELIFE 2 PLOT FOR SALE

Ad Type
City
Scheme
Phase
Block
Plot
Size
Demand(Rs)
Features
For Sale
LAHORE
SATELIFE 2
2
JJ
270
1-KANAL
$11500 CND
OPEN
STATELIFE 2 JJ-270 -1-KANAL OPEN FILE FOR SALE----8-PAID 2-INSTALMENT PAYABLE DIRECTLY TO SOCIETY----I HAVE TO PAYOUT MY LOAN SO I WANT SELL IT ----- GOOD OPTION FOR INVESTMENT WITHOUT ANY LENTHY PAPPER WORK-----I WILL PREFFER TO DEAL SOMEONE WHO IS LIVING IN USA OR CANADA -- ONLY SERIOUS BUYER PLZ

SHAHID replied on Tuesday, January 12, 2010 01:36 PM PST 

DEAR MALIK

I M LIVING IN TORONTO--PLEAZE ADJUST SOME PRICE AND REPLY ASAP

ARSHAD MALIK replied on Tuesday, January 12, 2010 02:04 PM PST 

DEAR SHAHID, as i remember i know you with some reference and i will
contact you soon----

how ever for all other interested buyers I want to mention it clearly that you will pay Rs.200000 to society at the time of transfer as two instalment---plus transfer fee-----

this time you will takeover this file as it is and when ever you will visit lahore you can transfer it to your name
>
(41469)
Tuesday, January 12, 2010 05:01 AM PST 
federal govt employee scheme 33 karachi

Ad Type
Scheme
Cur. Rate
33
any body tell me the approximately rate of plot size 300 sqyards to 500 sqyards.
federal govt employee scheme 33 karachi
>
(41468)
Tuesday, January 12, 2010 02:37 AM PST 
Eden Cottages

Ad Type
City
Scheme
Phase
Block
Wanted
lahore
Eden Cottages
1 & 2
any
Plz share information i want to buy cottage

jawad replied on Wednesday, January 13, 2010 06:50 PM PST 

hello anybody .......

jawad replied on Friday, January 15, 2010 01:58 AM PST 

yar koi banda reply to day
>
(41466)
Monday, January 11, 2010 08:27 PM PST 
Schools in Bahria Town Rawalpindi

Can someone shed some light on what options for schools are available in Bahria Town Rawalpindi. The only school I could see in Bahria is the ACE Academy which has fees of 15-20 thousand per month.

AS replied on Tuesday, January 12, 2010 01:09 PM PST 

AO Khan School and College is functioning in Safari Villas 1 and Phase 8, which has very nominal fee.

Imran replied on Tuesday, January 12, 2010 05:13 PM PST 

I think very good option. Phase-VIII has great scope of it.
>
(41465)
Monday, January 11, 2010 08:07 PM PST 

Here I will inform pakistani brothers, investers and plot members of DHA about the latest progress and development of DHA islamabad project one by one.

DHA PHASE-1 EXT.

Many brother asked about DHA Phase-1 progress.
It is launched in 2005. It one kanal file price dropped from 36 lak ruppes to 6 laks. the construction of interchange at entrance point of phase-1 main road is stopped due to lake of money.
The designer of this Project is MINEHORT. But they withdraw from their job due to payment stopped by DHA.

and i will give u a new information about this project which will shock people.
the only available area in this scheme "Sector B and C" is separated this scheme and added in DHA PHASE-1. and it plot will be sold as DHA PHASE-1 again.Because Phase-1 plot prices are more higher than Phase-1 Extension. So, they will sell the same land two times. the members of DHA PHASE-1 EXTENSION can not convert their plot h this area and they have to wait for long time because remaining area of DHA Phase-1 Extension is hold and not yet purchased.

Mr. Imran said the same thing which i said again & again in many posts. He said "DHA is planning the remapping of sectors to pace-up the work. Due to current market crunch exact date of possession cannot given but it is under high priority of DHA."
I ask him if this project is DHA priority then why they are not starting the sectors road works which is stopped from 4 years and still no hope of starting the work.

DHA PHASE-1
This project is completed many years ago. is was developed by FWO. But the work quality was very poor. So, DHA given a new contract to NLC to repair the scheme. also they charged the plot members additional development charges which is unjustice because the poor work quanlity of FWO should be monitored by DHA and they should not pay FWO for the bad work. But FWO is also from army so, they have not fined them but charged additional development charges to plot members. The corruption was also involved between DHA and FWO.

DHA PHASE-2
This project was awarded to HABIB RAFIQ PRIVATE LTD IN 2001 and completed. It has 8 sectors A~H. The houses are built. Possession is available but it is not fully developed as said by mr. Imran. Part of Sector-D in Phase-2 is hold. A new sector-K is also carpeted and near to completion.
if any brother has plot in sector-D Hold area or DHA is excusing about possesion of his plot in PHASE-2 then he should demand to transger the plot into Sector-K which is ready for possesion. DHA has done this for some members.

DHA PHASE-2 EX-COMMONERS TOWN
it tooks 4 years and still under construction. Dha annouced the possesion in commoners town in march 2009 but failed to do it. Work speed in very slow and some time DHA totaly stop the work due to lake of money.

DHA EXPRESS WAY
this is approach road for DHA phase-2 extension & Valley.
Mr. imran said "DHA Expressway (8.2 km, 6 lanes) are near to completion, with some work remaining on bridges/crossways."
if one go to site he can see that earthwork at different patches is started. road is only carpeted at start about 400 meters. bridges and culverts are to be prepared. It is started 8 month before and still minimum one year is required to finish the work.

DHA DHA OVERSEAS Project
It is satuated near Sawan Bridge. It is between Kahota Road and Ex-Commoners town. It is started 4 years ago but Only the gate and 500 Meter main entrance road is constructed. And marketing office is prepared.
This is a separate project from Valley and Phase-2 extension. So, don't mix it with these projects. Although DHA phase-2 Extension and Valley has their Overseas Sector but i am not discussing it here.
Mr. imran did't write about this project. Because he can't defend it. This block is introdused only to trap the overseas pakistani and to get dollers.

DHA PHASE-2 EXTENSION
DHA phase-2 extension has more than 70 thousand kanals area. Only one Road of 500 meter is in process which is linked with Instustrial Road. This road is named "Industrial Link Road" and still not carpetted.
Mr. imran said "Development work is under process. The earlier the sector (out of 4) the sooner the possession is expected."
He is giving false hopes of possessions. Just to Silent the people and stop their angreeness. Can DHA give possesion on Raw land like Jungle while there is no road prepared. If DHA start one sector of this project today with full pace then possession is possible after 4 years. then thick about other 3 sectors yourself. While DHA is also failed to made the New Replanned Map of this project in which they divided it in 4 sectors.

DHA VALLEY
It is divided into 20 sectors and it has plots more than one lak according to the issued map. It has more than one lak kanal area. No work is in progress in any sector. The work is in progress in a land called DHA Homes along expressway.
People think it DHA Valley. Mr. imran put DHA Homes in DHA Valley and shows the progress in DHA Valley.
While DHA Homes is a seprate scheme and Valley is seperate scheme.
Mr. Imran! if you dont have correct information than please don't confuse people.

DHA HOMES
The small peace of one thousand kanal area earthwork is in progress in which DHA want to build houses.

DHA Valley, DHA Phase-2 Extension and DHA Homes will be deveoped by Joint Venture of Habib Rafiq Private Limmited, Bahria Town and DHA. Habib rafiq is devloper, Bahria Town is financer and DHA is Supervisor or Client. But You see ne Year progress then It will take more than 10 years to complete.
Bahria town has his Own priorities. If Malik riaz stop spending money then what will DHA do? because DHA have no money to spend.

Mr. Imran did't deny in his post no. 45888 about the fact i wrote in my previous post no. 45832 but he said the same things i said before. He just added some hopefull senctences in each project detail that possession will soon be given.
The Information i have given below to all my Pakistani brothers is the fact like Shining Sun. There should be no confusion in your mind. These project are not am Underground Nuclear Reactors which can't be seen. These project site are well known and spread over thousand of kanal area's.
If any body want to confirm my information,
he can go to those projects and the site offices of the contractor (Habib Rafiq) at different projcts and ask them about the work in progress. and then tell in this forum that i am right or wrong. You can also check in Google earth. Google has uptated the pictures of that areas also.


DHA GOLDCREST & WORLD TRADE CENTER IN DHA PHASE-2


DHA annonced the 15 tower of 20 to 37 stories including Residential Apartments in DHA phase-2. The Alhuair Giga from UAE is client, IJM & Bina Goodears was the contractors from Malaysia. After one year the left the work and went to their home because DHA did not payed them money. Now Two uncomplete towers with 8 stories can be seen from G.T. Road also. Now no company is willing to complete this project.

No other company than Habib Rafiq (HRL) is willing to work on DHA Islamabad Project. HRL money has also blocked in DHA projects and work is stopped at all projects expect DHA Expressway and DHA Homes which is financed by Bahria Town. I am loyal to DHA but in know the exact situation and i don't want that DHA should loot the Hard earned money of Pakistani People.
People should make Case in Courts about completion of these projects as well as about the Additional development charges charged to them with time by time.
My Suggestions to DHA official.
1. DHA should spent money on the projects for which they have collected the money from plot members.
2. Work pace should be kept fast.
3. Instate of Huge project like DHA Valley & Phase-2 Extension of 1.5 laks kanal area, they should launch project having only 10 thousand to 15000 kanal area like Phase-2 and Ex-Commoners town. They should build smaller portion and give possessions and then start new portion rather they Launch those huge area project more than the area of Islamabad which will never be completed in time and will take decays.
The 10 years is minimum for those projects which i told. Looking to current pace of work it can take 20 to 30 years estimated.
4. At least Maps of the project should be finalized before launch of any project.
5. The file system should be eliminated. Only plot should be sold. The file means no plot.
6. DHA should stop acquiring the land forcedly from people to build the scheme.
7. Every Project Time period should be given before start and the time period should be strictly monitored by them.

BLUNDER OF DHA ISLAMABD IN DHA PHASE-1 EXTENSION

DHA has announced the DHA Phase-1 extension project in 2005 and prepared a map and sold the plot. But they did't purchased any land before starting the project.
Now after 5 years the satiation is same. They don't have the land for DHA Phase-1 Extension. So, work is not started in any sector of phase-1 Extension.

One small peace of land of DHA phase-1 extension was purchased two year about 500 kanal (sector-B). But now this area is also excluded from the DHA Phase-1 Extension and included in DHA phase-1 to resale it with new Revised map of DHA phase-1
So, they are selling the land of scheme two times.
The members of DHA phase-1 extension will get nothing in this new area also because it is excluded from this extension.
There is Available land, purchased by DHA and given to EMMAR to build Houses. It is attached with DHA Phase-1 extension. But EMMAR left this area because of Economic crises in EMMAR. This land could be added to DHA phase-1 extension to start the delayed work of extension. But this 15000 kanal area is also added to DHA Phase-1. The revised map will be issued and New additional Plot will be sold again. But possession will take 6 years at least.

So, U understand that DHA is not willing to Prepare the DHA phase-1 Extension. But they will resale the plot of new land of EMMAR and sector-b to fool the people.

Suggestions for DHA Phase-1 Extension allottees and plot members.

members should demand the transfer of their plot in DHA phase-2 Sector-K which is newly developed. or Transfer their plot to DHA phase-1 new area and EMMAR area attached with DHA Phase-1.
If DHA is not willing to do this then go to court and refund your money from DHA. because of DHA blunder Phase-1 extension 1 kanal file price is dropped from 36 laks to 6 laks.
DHA will eigther give original plot or will transfer the plot in some other developed sector of DHA phase-1 or Phase-2

BLUNDER OF DHA ISLAMABD IN DHA EX-COMMONERS TOWN


Now i will tell you another blunder of DHA Islamabad in DHA phase-2 Ex-Commoners town.

the approach road of DHA phase-2 Extension "DHA EXPRESSWAY" is prepared and carpeted along with the boundary of Ex-Commoners town sector-E & D. while Commercial plots are also planned at left side and right side of Expressway.
The left side commercial plot are situated in within Commoners town sector-E & D and also 50% is carpeted. So, more than one thousnad plots of Ex-Commonrs town in this effected area are deleted. Many members and property dealers dealing with EX-Commoners town will also confirm my post. The Expressway along with Ex-Commercial plot.

when effected plot members asked DHA about their plots, DHA told them to relocate their plots in new sector-A which is located across DHA Expressway.
But so far this new sector-A land is not available with DHA. DHA is just trying to satisfy the plot members to stop their anger and to stop going to courts. Because after waiting 5 years they are told that their plot is deleted from map and will be relocated.

Actually DHA is getting money by selling the same land two times. first they sale the plots in Ex-Commoners town and now they are selling it as a commercial plots.
Will anybody stop them from doing this blunders.

My Suggestion to the effected plot owners
Plot owner should challenge the DHA and ask for stop selling these commercials and apply same map with residential plots where they were existed.

Hussain Kaisrani replied on Monday, January 11, 2010 08:38 PM PST 

SALEEM AWAN Sahib,
Many thanks for taking all the trouble in collecting and writing this valuable piece of information on LRE page.

Al Gurair WTC shop holder replied on Monday, January 11, 2010 09:30 PM PST 

Dear Brother Saleem,

I have booked one shope in World Trade Center Islamabad & it is project of Al Gurair Giga and paying installments regularly. You mentioned in your post that all companies left the job a year ago.

Please need your advice regarding Al Gurair Giga projects, are we continue to pay installaments?

Please need your valuable comments. Thanks

Azad K replied on Monday, January 11, 2010 11:04 PM PST 

Thank you for informing us Mr Awan. I think you have more creditability than Mr Imran.

Safwan Khan. replied on Tuesday, January 12, 2010 12:37 AM PST 

Thanks. Not sure what to do with the investment I made. Wanted to build house but seems like a dream now :)

Azad K replied on Tuesday, January 12, 2010 12:50 AM PST 

I think DHA needs more time to develop, otherwise everything is same as before. If if anyone is purchasing they have to take a realistic view of when they will get possession and when they will be able to build a home.

Visitor replied on Tuesday, January 12, 2010 01:09 AM PST 

Mr Imran, you may like to agree or disagree its your prerogative but please do comment on the subject for the benefit of the visitors of this site as well as for the members of DHAI Isl.

Mr Saleem Awan, thanks for your efforts for highlighting the shortcomings / drawbacks of DHAI Isl.

Asad replied on Tuesday, January 12, 2010 01:37 AM PST 

dear brother, hats off , real hard work has been put in by you, this proves the fact that DHAI is under the control of the elements for which now people are aware of.Millions of Rs have been lost by persons entering DHAI ,God knows how many more.

atiq raja. replied on Tuesday, January 12, 2010 01:51 AM PST 

MR SALEEM keep in mind dha for grneral public act as a commercial organization,so they get money from public,surly not fraud like cda and private societies, look the delay of e/12 and d/12,in other sectors of islamabad no any foot path in streets,compare the development of cda and dha you will feel better in dha,don't misguide the public that is only one organization in country is solid and no fraud delay and shifting of plots are minor things,look the life of dha islamabad.they have acquire huge land which no body even can think, yes this is big achievement,you are working in dha,i was also working in islamabad ditst as a field officer,this is very beautiful and scenic area,plenty of under ground water,my point of view phase 111 will be the best because by pass is going towards motor way and huge development of bt,due to this i have purchase 25 plots in agochs11.

asad replied on Tuesday, January 12, 2010 07:19 AM PST 

take a chill pill raja jee - Again. you'v become permanent patient now

Hats Off replied on Tuesday, January 12, 2010 07:20 AM PST 

Saleem Sahib,

Thanks very much for the info

Could you please tell me that between DHA Homes, DHA valley, Commoners town and Phase-2 extension area, investing money on DHA Homes is a better option or not? (I am ready to make a 5 year plan for my investment returns).

My family is keeping pushing me to invest in DHA Homes as making home in Pakistan is a very difficult job and we expats are also not compatible to home construction after returning to Pakistan.

Please reply as we are waiting and will take the decision upon your reply! You seem to have knowledge of DHA as who else is there to do a hard work such as yours on DHA?

If it is not too much then please give our ID on face book, we will converse over there!

Many Thanks

Hats Off replied on Tuesday, January 12, 2010 07:40 AM PST 

It seems that these “Faujees” are trapped in Malik Riaz net?
Malik Riaz is doing Microsoft techniques! “Buy the opponent if you cannot make him down by competition”
I think that they have run out of bzness expertise and trapped like a rat in BT’s net! Now Mali Riaz will rotate his finger and these stupid Faujees will dance accordingly!
Malik Riaz did a very simple technique, build what you can, finish and move forward on other one but these bunch stupids!!!!!!!!
Finally BT will shine and these guys will lose their reputation, they took decades to earn!
Eventually, after putting DHA in turmoil, there will no competitor, CDA already lost its basic pillars, as you can see their last “CDA at its best” in I- series launches and standard of construction of whatever little has been done so far!

SALEEM AWAN replied on Tuesday, January 12, 2010 12:49 PM PST 

Reply to ALHURAIR SHOP HOLDER & Other Goldcrest Effeced people

You should refund your money from them or sell your plot because Alhurair has no money to spent on this project and DHA is also suffering in crises. and work seemed not to be started again.

SALEEM AWAN replied on Tuesday, January 12, 2010 01:00 PM PST 

reply to mr atiq raja.
I am not misquiding the people, it is DHA Islamabad who is misguiding the people of Pakistan. U said that DHA is not fruad, while i told all the blunders of DHA. You said it will take time to develop. I ask u that DHA PHase-1 ext. & DHA Phase-2 ext. are launched 5 years before. is this time is not enough to built at least 50% of those schemes.but noting is done in last 5 years. now how much people will wait for it. aquring a land for DHA phase-2 ext. & Valley is good but there should be some development on ground in 5 years not only in adds of TV channells. While DHA phase-1 extension land in not purchased in 5 years. what development you expect from DHA.
You purchased 25 plots in agochs11. you thought that it will merge in DHA. While DHA is unable to develop their own schemes, How they will merge private schemes like agochs11 and develop them at their own standard. merger of Ahochs11 is just a rummor. You better sell your plot and invest somewhere else. If agoshs11 Merges in DHA the plot rate will notbe increased. Look at Ex-Commoners Town merger. The one kanal Plot rate are same like 5 years before merger in DHA.

SALEEM AWAN replied on Tuesday, January 12, 2010 01:10 PM PST 

Reply to Mr. Hats Off.
If you want to invest for 5 years then you invest in DHA Phase-2 Ex-Commoners Town or DHA phase-2 Sector-K. price of one kanal plot is about 30~35 laks there. Most of the work is done in sector-K while

SALEEM AWAN replied on Tuesday, January 12, 2010 01:13 PM PST 

Reply to Mr Hats off
Ex-Commoners town is 50% developed. The price of plots in Ex-Commoners town will increase as the development work complete. You will be able to build your house in near future. and you will get profit also.

Siddique replied on Tuesday, January 12, 2010 05:36 PM PST 

Dear Atiq Raja Sahib,
Do you have any
contact numbers. I may be visiting Pakistan in comming months and would like to talk with you. if you don't mind?
What is phase 111? i guess you mean phase 3!
Thanks to Mr. Saleem Awan and ell others for their valueable contribution.

SALEEM AWAN replied on Tuesday, January 12, 2010 08:07 PM PST 

Mr. Atiq Raja!
Do you know that DHA Phase-III survey was done in 2005. Land is already purchased at back of Jiddah Town and aghoosh housing. The gate of DHA phase-3 is also prepared and Approach road of 500 meter was also started in 2005. But after that nothing has been done. DHA has not launched DHA phase-3 after 5 years. Because they are not able to built it. DHA launched DHA Valley & Phase-2 Extension with help of Bahria Town. Bahria town has their own limitation also.
In near future there is no possiblily of DHA Phase-3 Launch. DHA is unable to start DHA phase-2 extension. while the plot are saled five years ago, then what progress do you expect from DHA to start DHA Phase-3.

SALEEM AWAN replied on Tuesday, January 12, 2010 08:08 PM PST 

Mr. Atiq Raja!
Do you know that DHA Phase-III survey was done in 2005. Land is already purchased at back of Jiddah Town and aghoosh housing. The gate of DHA phase-3 is also prepared and Approach road of 500 meter was also started in 2005. But after that nothing has been done. DHA has not launched DHA phase-3 after 5 years. Because they are not able to built it. DHA launched DHA Valley & Phase-2 Extension with help of Bahria Town. Bahria town has their own limitation also.
In near future there is no possiblily of DHA Phase-3 Launch. DHA is unable to start DHA phase-2 extension. while the plot are saled five years ago, then what progress do you expect from DHA to start DHA Phase-3.

atiq raja. replied on Tuesday, January 12, 2010 10:10 PM PST 

SIDDIQUE i am in uk ,saleem awam agochs11 is merged only documentation is left.the property
prices down in islamabad due to availability of large number of plots in bt and dha,the price of commoner town will more go down when proper development of phase11ext will starts ,awan people have only two choices invest in regular sectors of islamabad or in dha,the last livable sector of islamabad is f/11 or d/12 the prices are so hiegh and these sectors are very good for construction of houses not for investment,dha price are very low and investment is safe due to this better choice is dha,keep in mind investment in property is not stock exchange,to check prices day to day,in 2000 i got 3 plots in e/11 at rate of 21 lack rupees each,during ten years time price fluctuate so many time.

Habib replied on Wednesday, January 13, 2010 01:25 PM PST 

I would advise the my Brothers to see ground realities before satrting ny investment, Dont go for big names and attractive maps and promises which are only available in virtual world.

Bilal Mustafa replied on Thursday, February 4, 2010 03:21 PM PST 

Dear Friends. Can some body give me a realistic price of 1 Kanal plot in G sector Phs 1 ext. All dues cleared.
>
(41464)
Monday, January 11, 2010 07:00 PM PST 
Investment

I would like some advice on this forum. I have around 2 crore rupees to invest which is the same as 9 lakh UAE dirhams or 150,000 UK pounds. I have the option of investing in UK, UAE or Pakistan.

Could you please advise where it is best to invest for the medium term (5 years) and what kinds of returns I could expect over the next 5 years?

MAXON - Home & Property S replied on Monday, January 11, 2010 07:15 PM PST 

Dear Mr. Ashraf,
Due to the financial crisis and the state of uncertainity around the world,it is most advisable to invest in your own country. Watever the circumstances are, Pakistan is your home and 'SAB SE PEHLAY' should be 'PAKISTAN'.

Also, Dubai is a ship which is sinking and the captain of the ship is at the highest spot showing flag to the world for help. How long Abudhabi will be able to do it and also there was no use of assistance by the US govt when its banks were getting bankrupt.

I advise you to invest either in DHA or Bahria Town Islamabad and get yourself and your nation become rich with your savings.

AR-Riyadh replied on Monday, January 11, 2010 07:42 PM PST 

Great Mexon ,,,,, , "Sub Se Pehlay Pakistan"
No one except an oversease can know the imporation of in independent county.

"Sub Se Phelay Pakistan" Zinda bad.

MAXON - Home & Property S replied on Monday, January 11, 2010 07:52 PM PST 

Thank you AR-Riyadh.
I have been in Dubai, so understand 'DOORI KA DUKH' as you said.
I came back to my homeland back in 2006 and started my own business of Real Estate here in Rawalpindi.

NRP replied on Monday, January 11, 2010 09:48 PM PST 

@Farooq.........One reason= sincere pakistani...you have it haven't you?

Jameel replied on Monday, January 11, 2010 10:06 PM PST 

I Think you should invest in Agricultural Land, dairy and Fish farms etc If You buy such Land near Main access Roads then their value will also increase as well as you can get lots of revenue, Now a days people are giving Poultry farms and Fish farms at rent and earn Handsome Money.
Regarding real estate although
prices has bottomed for last 3,4 year but still. Things are below Ground level because of Currency devaluation. I give you an example I Bought a plot in DHA phase 7 in July 2008. It was very good Bargain price and good Location too its price did not come down, but in same amount of foreign currency [UAE Dirhams] I can buy today in DHA 6.
On the other hand I guess property Market will take a modest Jump in 2 years Time and that too in areas of residential potential. Ups and down are in all business, You have seen Dubai property example, Oil prices just in 2 years Fluctuated from 147 to 35 and now again 78. Same is true for Gold

MAXON - Home & Property S replied on Tuesday, January 12, 2010 01:17 PM PST 

Dear Mr. Farooq,
I understand your feelings but please dont despair. Although I can give you a lot many reasons of investing in Pakistan but the most forceful and solid reason is that if you expatriates bring all the money back to pakistan then we dont need to beg like Kerry - Loger Bill or SO-CALLED Friends of Pakistan. Our Leaders are looters because we as a Nation are looters. I want you to be the first drop of rain in bringing the money back to Pakistan and then I assure you to see that what miracles this nation can make.

info replied on Tuesday, January 12, 2010 01:20 PM PST 

UAE: Avoid it if you can. They do not seem to have clear rules about land ownership last time I checked. It’s a great place for a while but it is over hyped.

UK: You could potentially purchase 1-3 apartments with a mixture of buy-to-let mortgages and your cash. UK housing market is totally dependent on banks lending and with current climate I do not see the housing market improving 4-5 years or even longer.

Pakistan: Probably best to make several small investments in Bahria, DHA, Divine Gardens and other housing societies with good reputation and clear future plans.

If you are able to, start a business and provide employment to others. Whether you buy property or start a business research, research, research.... before you buy/start a business.

Like other readers suggested starting a farming business might be a good idea.... if farming is not something you would like do. Easier option might be to purchase smaller cheaper plots in good societies and build houses.

Wish you best of luck.

shahzad replied on Tuesday, January 12, 2010 05:22 PM PST 

Tusi saray maswaray diye ja rahay o magan wala ashraf 100 hi gaya hai response hi nahi kar raha.

Imran replied on Wednesday, January 13, 2010 02:28 PM PST 

The best options goes to Education. More than 80% of Pakistan's problems are directly or indirectly because of lack of education. It reflects to lack of training and ultimately hurting the quality of life. By investing in childhood education, we can improve prevailing circumstances. Its' not a quick move but its' sure move.

Mr. Ashraf, if you can manage a school properly on beginners level, nothing is like that.

With Courtesy
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(41463)
Monday, January 11, 2010 04:22 PM PST 
Lahore Real Estate Market Pulse as of 01.20 Pm Jan 11, 2010

Plots File Prices Market Pulse by Lahore Real Estate

DHA Lahore Phase 5 Extension Allocation File: Buyer(s) at 21.40 Sellers(s) at 21.50 lacs

DHA Lahore Phase 6 Allocation File 1 kanal Sellers at 30.50 lacs

DHA Lahore Phase 6 Affidavit 10 Marla File Sellers at 22.00 lacs

DHA Lahore Phase 7 Affidavit File Sellers at 19.00 lacs.

DHA Lahore Phase 8 Allocation File Buyer(s) at 34.65 Lacs Seller(s) at 34.80 Lacs.

Parkview-DHA-8 Lahore 1 kanal allocation file Buyer(s) at 23.90 Lacs Seller(s) at 24.00 Lacs

Parkview-DHA-8 10 Marla allocation Buyer(s) at 17.00 Lacs Seller(s)at 17.10 Lacs

DHA Lahore Phase 9/10 Allocation File Buyer(s) at 13.55 Lacs Seller(s) at 13.65 Lacs

DHA Lahore Phase 9/10 Affidavit File Available at 14.00 Lacs


DHA Islamabad Phase 2 extension lowest price certificate file is available at 8.10 to 8.20 Lacs

DHA Valley Islamabad open files 5 marla 5 paid sells at loss of = 61000 to 65000

DHA Valley Islamabad open files 8 marla 5 paid sells at loss of = 84000 to 92000


Bahria Town Lahore Sector C 10 marla 2 paid buyers at 1.99 sellers at 2.01 lacs

Bahria Town Lahore Sector C 10 marla 3 paid buyers at 2.74 sellers at 2.76 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 2 paid buyers at 1.40 sellers at 1.43 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 3 paid buyers at 1.84 sellers at 1.87 lacs

Bahria Town Phase 8 without development charges General blocks other than A B D C 3.05 to 3.28 lacs for 10 marla

Bahria Town Phase 8 with development charges cleared in blocks A B D C 8.00 to 9.35 lacs for 10 marla



**********************************
***For More Detailed Prices Schemes Click Here***

***For Past Prices History Click Here***
**********************************


Rates you can trust are provided by:



Ch. Mujahid Yasin ( CMY )
Lahore Real Estate
Registered/Authorized Dealer (DHA, EMAAR, Bahria Town, Urban Developers, etc.)
042-35692420 to 23 0r 042-111-111-040 in Office Hours Only
Mobile +92-322-400-9967
eMail: LahoreRealEstate@Gmail.Com

http://www.LahoreRealEstate.com
>
(41462)
Monday, January 11, 2010 04:12 PM PST 
Eden Residencia/Military accounts society

Dear Sir
Please send me information about your new location of Eden residencia on college road.
Please a;lso send Military accounts society status.

Thanks
Iftikhar
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(41460)
Monday, January 11, 2010 02:26 PM PST 

DHA GOLDCREST & WORLD TRADE CENTER IN DHA PHASE-2
DHA annonced the 15 tower of 20 to 37 stories including Residential Apartments in DHA phase-2. The Alhuair Giga from UAE is client, IJM & Bina Goodears was the contractors from Malaysia. After one year the left the work and went to their home because DHA did not payed them money. Now Two uncomplete towers with 8 stories can be seen from G.T. Road also. Now no company is willing to complete this project.

No other Contractor company is willing to work with DHA Islamabad. EMMAR (UAE) left the job. IJM, Bina Goodears from malysia left teir jobs also.
Only Habib rafiq is working on development of DHA projects. Their money is also blocked in DHA projects and company is near to defalut.HRL money has also blocked in DHA projects and work is stopped at all projects expect DHA Expressway and DHA Homes which is financed by Bahria Town. I am loyal to DHA but in know the exact situation and i don't want that DHA should loot the Hard earned money of Pakistani People.
People should make Case in Courts about completion of these projects as well as about the Additional development charges charged to them with time by time.
My Suggestions to DHA official.
1. DHA should spent money on the projects for which they have collected the money from plot members.
2. Work pace should be kept fast.
3. Instate of Huge project like DHA Valley & Phase-2 Extension of 1.5 laks kanal area, they should launch project having only 10 thousand to 15000 kanal area like Phase-2 and Ex-Commoners town. They should build smaller portion and give possessions and then start new portion rather they Launch those huge area project more than the area of Islamabad which will never be completed in time and will take decays.
The 10 years is minimum for those projects which i told. Looking to current pace of work it can take 20 to 30 years estimated.
4. At least Maps of the project should be finalized before launch of any project.
5. The file system should be eliminated. Only plot should be sold. The file means no plot.
6. DHA should stop acquiring the land forcedly from people to build the scheme.
7. Every Project Time period should be given before start and the time period should be strictly monitored by them.
8. DHA should purchase the land of that project before launching any projcet.

Al Gurair WTC shop holder replied on Monday, January 11, 2010 09:28 PM PST 

Dear Brother Saleem,

I have booked one shope in World Trade Center Islamabad & it is project of Al Gurair Giga and paying installments regularly. You mentioned in yourpost that all companies left the job a year ago.

Please need your advice regarding Al Gurair Giga projects, are we continue to pay installaments?

Please need your valuable comments. Thanks

Nazir replied on Wednesday, January 13, 2010 01:10 AM PST 

>>>> are we continue to pay installaments?


It's a common sense question, why would you pay if nothing is built over there??

You can ask for your money back , they can cut a defined portion of your deposit and give your money back.
>
(41459)
Monday, January 11, 2010 02:14 PM PST 
NEW BLUNDER OF DHA ISLAMABAD

Ad Type
City
Scheme
For Sale
ISLAMABAD
DHA PHASE-1 EXTENSION
I WILL TELL MY BROTHERS A FACT THAT CAN'T BE CHALLENGED.
DHA has announced the DHA Phase-1 extension project in 2005 and prepared a map and sold the plot. But they did't purchased any land before starting the project.
Now after 5 years the satiation is same. They don't have the land for DHA Phase-1 Extension. So, work is not started in any sector of phase-1 Extension.

One small peace of land of DHA phase-1 extension was purchased two year about 500 kanal (sector-B). But now this area is also excluded from the DHA Phase-1 Extension and included in DHA phase-1 to resale it with new Revised map of DHA phase-1
So, they are selling the land of scheme two times.
The members of DHA phase-1 extension will get nothing in this new area also because it is excluded from this extension.
There is Available land, purchased by DHA and given to EMMAR to build Houses. It is attached with DHA Phase-1 extension. But EMMAR left this area because of Economic crises in EMMAR. This land could be added to DHA phase-1 extension to start the delayed work of extension. But this 15000 kanal area is also added to DHA Phase-1. The revised map will be issued and New additional Plot will be sold again. But possession will take 6 years at least.

So, U understand that DHA is not willing to Prepare the DHA phase-1 Extension. But they will resale the plot of new land of EMMAR and sector-b to fool the people.

Suggestions for DHA Phase-1 Extension allottees and plot members.

members should demand the transfer of their plot in DHA phase-2 Sector-K which is newly developed. or Transfer their plot to DHA phase-1 new area and EMMAR area attached with DHA Phase-1.
If DHA is not willing to do this then go to court and refund your money from DHA. because of DHA blunder Phase-1 extension 1 kanal file price is dropped from 36 laks to 6 laks.
DHA will eigther give original plot or will transfer the plot in some other developed sector of DHA phase-1 or Phase-2

RASHID replied on Monday, January 11, 2010 02:18 PM PST 

You are 100% right. As per Government of pakistan Law. No developer can launch the scheme before purchasing the 85% of land of that sheme

Zain replied on Monday, January 11, 2010 02:23 PM PST 

Salam brothers

i want to tell you a fact that saleem has a great knowledge about DHA.But his his information is nothing more expect miss guide us.he tells us only bad feature not good features.I think he should inform us tat things that can benefit us.Not like this useless information.
thanks.

SALEEM AWAN replied on Monday, January 11, 2010 02:28 PM PST 

Mr. Zain!
How can i tell u the benefits in this scheme while there is no benefits in this scheme. and DHA is not willing to give any benefits to the plot members and just want to get money by their blunders. So, plot rate is decreased from 36 laks to 6 laks.
I have already give the suggestions to the plot members for their benefits. what else i can do.

Visitor replied on Monday, January 11, 2010 03:01 PM PST 

Mr Imran (Project Manager). You may please answer the post and provide the facts known to you for the benefit of all visitors. Regards

SALEEM AWAN replied on Monday, January 11, 2010 06:27 PM PST 

mr imran is not Project manager of DHA Valley. Project manager of DHA Valley is "Shahzad Iqbal". as i told u earlier.
Mr. imran is only spokeman of DHA

pakistani from abroad replied on Monday, January 11, 2010 07:32 PM PST 

I am an overseas Pakistani and would like to say the DHA higher people (mainly) belong to army and they don't have proper planning and execution experts, overandabove they are very confident that no one can touch them in Pakistan how cruely they have looted Pakistani's hard earned projects. Take case of Lahore also see phase 7, 8, 9, 10, people have invested in these phases more than decades as just imagine more ten to thirty years when they will hand over plots to phase 8, 9, 10. They are biggest burglers, looters, dishonest and powerfull thieves(in the shelter of army) but they don't know their shall be the day of judgements when we people will be more power full than their present lotting and dishonest.

SALEEM AWAN replied on Tuesday, January 12, 2010 02:33 PM PST 

Mr. imran can't challenge my information because i wrote the fact and he just gives false hope of completion. Work of good speed in DHA office does not means that work at site is done in same way.

A.M.BUTT replied on Wednesday, January 13, 2010 05:07 AM PST 

Mr Saleem ,

I do not understand why you are writting all detail for the effectee people DHAI-I specially DHAI valley and DHAI valley oversease block.

I requested you and other friends write the solution.What happened it happened tell the people what can they do now,Better to help the people. write all fects and mail to standing commitee for housing in parliament or send these detail to GHQ even to suprime court.Other rhan that you are hearting the people by telling them they are in big trouble.

I will go to the court after the period DHAI given to complete the development.Iinvited the people join me but only one persn contactme. I think this is useless discussion in this way.
I have visited the site 28/09/2009 and it is true what you have mention above

iftikhar ahmed awan replied on Thursday, August 12, 2010 03:14 AM PST 

saleem sb ap kindly mujy apna cell number sms karen. my cell is

iftikhar ahmed awan replied on Thursday, August 12, 2010 03:17 AM PST 

saleem sb ap kindly mujy apna cell number sms karen. my cell is

ZAHE replied on Friday, December 31, 2010 11:10 PM PST 

Mr Saleem Awan I just want to confirm one thing that is this blunder going to affect all the sectors of phase 1 extension and if so what is the route of remedy for this blunder.
PAKISTANI FROM ABROAD

muhammad Aslam replied on Sunday, April 22, 2012 01:54 AM PST 

Hello Mr Saleem Awan what will we take next step
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(41458)
Monday, January 11, 2010 01:21 PM PST 
Designer Villa For Sale

Ad Type
City
Scheme
Phase
Block
Plot
Size
Features
For Sale
Lahore
Lake City
Bella Vista 1
M1
230
1.50 Kanal
Corner
Wasif Ali Design Marbella Type "B"
Villa On 1 Kanal
Corner Plot of 1.5 Kanal
Over 10 Marals for Lush Green lawn
Royale Finish
Jacuzzi, Luxury Bath Fittings, Luxury Kitchen Fittings
4 Bed Rooms + Attached Bath
Drawing Room, Dining Room, Powder Room
2 Lounges, 1 Kitchen + I Kitchenette
Basement with 2 Servant Rooms
1 Maids Room
5 Years Installment Plan (20 Quarterly Installments)
2 years Installments Paid Balance to be Paid in 3 Years
Construction 85% Complete - Possession March 2010
Only Serious Buyers Please
:forsale:
>
(41457)
Monday, January 11, 2010 09:55 AM PST 
Purchasing Factors

The most important factor for me when buying a residential plot was that the scheme should have electricty, telephone cables underground, that the streets should be fairly wide a minimum of 40 ft., the plots should be fairly cheap at an affordable price, and the scheme should have an NOC from the local authority.

What factors are important to you or did you consider when deciding where to purchase a plot to make a house one day?

Visitor replied on Monday, January 11, 2010 02:45 PM PST 

Mr Azad K. You are correct. In addition its
location and approaches also matters.

Ahmad Raza replied on Tuesday, January 12, 2010 02:01 AM PST 

Dear Mr. Azad K,

I would prioritize the factors respectively as followa:
1.
Location of society and access roads
2. Price
3. Utilities
4. Layout plan
5. Security
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(41456)
Monday, January 11, 2010 01:01 AM PST 
Bungalow Sale

Ad Type
City
Scheme
Phase
Plot
Size
Road
Demand(Rs)
Features
For Sale
Lahore
Bridge Colony
Cantt.
house
1.5 kanals
Abid Majed
35 Million
An old house solid structure
Dear Members

Bridge colony is located on Abid Majeed road near Sherpao Bridge, being posh area very much liked amongst the residents specially cantonment area. It should be sold first come first served basis, please pick the phone up and dial

Shahid Saleem Rathore
>
(41453)
Sunday, January 10, 2010 04:06 AM PST 

Ad Type
Scheme
Wanted
All
Hi all,

I have been visiting this forum for over a year now and have not been taking part in discussions except post#45899. I have noticed that all of us (participants of these discussions) mostly talk on the following issues;
1) Whats happening in real estate sectors of ISB and LHR.
2) Complaints about delays in project comletion dates by almost all developers
3) Levy of forced/increased development charges by some develoers (big names) due to their own mismanagement
4) Changing of maps/layouts without informing the csstomers whereas those developers themselves have issed these maps and alloted the plot numbers to alottees.

All this is very good to keep ourselves but it is not enough. We must know what should be done in case someone is facing the issues 2,3 and 4 respectvely given above.

Honestly, i dont know the answers myself yet and Thats why i want to educate myself as well as anyone who will read this discussion.

I certainly believe that this is a very important topic for discussion at the times when we have almost no reliable developer who honour their promises.

Comments/Observations/opinions of everyone is invited. I will also look forward to see some words from Mr. Azad, Mr. Kaisrani and (may be) CMY. CMY may not like to join but then i will understand why.

Best of luck to all.....

Ahmad Raza replied on Sunday, January 10, 2010 04:17 AM PST 

If there is some one who understands the property laws on the issues 2,3 and 4, please share that information with us. I must mention here that i personally do not have any property problems myself. I got the idea of these discussions while going through a property website for Dubai and Ajman where a lot of people have joined groups/forums and sharing information to get their rights bcoz in UAE, lot of develepors have simply run away with all the money BUT situation in Pakisan is far better than that and we are only sharing info and educating ourselves.Developers are delaying (sometimes very long times) but they get the job done in most of the cases.

Azad K replied on Sunday, January 10, 2010 07:35 AM PST 

First of all in your previous topic one of my posts was directed at Ashraf but I used your name instead so apologises there.

I think it is good to share information and to eduacate each other, which hopefully makes us better informed and also is beneficial for the real estate market of Pakistan.

Unfortunately I don't know enough about this topic to be able to give any suggestions. The only institutions that crop up in my mind in the situations that you mentioned are regulator of co-operative societies, NAB and The Courts. I do not know how effective these institutions are.

I think it would be a good ideal if a single body existed in the country that regulated the real estate sector.

I think it would be also be a good idea if a body like an association existed to protect the interests of private real estate investors and landlords like there exists in foreign countries. These associations could represent the small investors and pressurise the developers to deliver on promises and not to make changes to the plans. They could also lobby politicians and try to get favourable laws and policies drawn up by the government.

It would also be a good idea to have a body that regulated the registered property brokers and set a code of conduct by which they must abide. It would create confidence in the market. I don't think that agents for example should be getting fees from both the seller and the buyer. As this results in a conflict of interest. The agents should have a duty of care only to one of the parties, that actually pays them the fee.

I may be going off topic here but that is all that comes to my mind.

Hussain Kaisrani replied on Monday, January 11, 2010 02:49 AM PST 

Salaam!
When a buyer enters into a contract he is supposed to read and agree with all the terms and conditions applied by the developer. These terms and conditions are, of course, in favor of developer only. Generally 90% buyers do not bother to read the conditions when buying a plot as a first buyer. And 100% buyer do not read properly these terms and conditions if they are buying a plot from some one and they went to the developer office for a transfer. There is a transfer set of many pages and a buyer is supposed to sign wherever developer's representative suggests. I had opportunity to read transfer set and it very clearly says that all the rights are reserved for a developer and buyer has no right to object any present terms and conditions as well as he/she is made bound to accept for all future terms and conditions.
All of these points raised by Ahmad Raza Sahib are clearly mentioned in terms and conditions and every buyer agrees to accept every thing whatever developers applies for his own benefit.
Bahria Town gives an advantage when it says that it will return the funds received after deductions if a buyer is not in the position to pay total amount required to get a plot or home at any stage. Eden and almost all other developers has no clause like that in their terms.

Is there any possibility to do any thing even if we have signed to agree on all terms and conditions?
My reply at the same time is YES and NO.
In case of YES we may go to consumer court or any other relevant court and seek help on the issue.
And in case of NO, there is zero possibility to get any benefit in prevailing system.

We hear from many friends that they will go to the court against Bahria Town or others but practically none of them managed to do so.

Azad K replied on Monday, January 11, 2010 03:02 AM PST 

If a developer can write anything under the sun in the contract and the purchaser has no option but to agree, then it means that the developer is abusing its position. Therefore NA should pass legislation to protect the interest of the buyers. The legislation should put a stop to unfair contract terms. Why is it right for a developer to collect surcharges when a buyer is late in making payments yet they do not have to pay anything out when they are late in developing the plots and handing them over. If the developers had to pay compensation then they would soon get their act together and build quickly or give give longer timetables. There should also be a law for misdescription or deception. Many times they mention there will be amenities plots and parks which disappear later to make room for more housing.

SALEEM AWAN replied on Monday, January 11, 2010 01:37 PM PST 

Buyers can go to court if Developer is charging extra charges or if there is delay in completion or they changed the map without critical reason.

SALEEM AWAN replied on Monday, January 11, 2010 01:38 PM PST 

as per government law, no delveoper can launch the scheme without purchasing the 85% of the land of scheme. any body can go to court if it is not followed
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