Lahore Real Estate Forum

Tuesday, September 29, 2026 12:36 AM
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(40137)
Wednesday, August 19, 2009 06:32 PM PST 
Bahria Town Phase 9 merger & refund information

Assalam-O-Alaikum

I am living here in UK and trying to contact bahria town, i have email them many times at but i am unable to get their response, i would be really greatful if any brother please answer my following questions.

I have three files of Phase9 (10 marla), each file is three installments paid and each file is open/expired file and these files are not on my name.

Now i want to merge these files to retain only one file. i would be really greatful if you please answer my following questions;

- As per the status of my files, the sum of Rs= 298055/ is deposited against each file.


Q) what is the total cost of phase9 10marla plot? as i remember when phase9 was lunched the total cost of 10marla plot was nearly 899000/ for civilians including developement charges.


Q) Please explain me how much total amount of (3-installments paid merger 10marla) file will be added up to retain file?

Q) What will be the total deduction against each file(3-installments paid)?

Q) What will be the total cost of merging files in to one retained file?

Q) What is the complete process and requirement for merger files?

AND
Q) What is the refund policy? if i want to refund one of my 10marla (3-installments paid file/open file) and this file is not on my name?


Awaiting for your reply.

Thanks & Regards
Usman
>
(40136)
Wednesday, August 19, 2009 06:32 PM PST 

Assalamlykium brother

Eden have a scheme under the name of Eden Luxury villas, where we have two options, either to choose Defense road, near Rawind and the other on Ferozepur road. On the same location(s), they have launched Smart Homes and other projects. Could someone shed light on the creditibility of the project? I seriously want to invest/live in future there.
Thank you all for your geniune views.
Fi Aman Allah
>
(40135)
Wednesday, August 19, 2009 06:29 PM PST 
10 Marla Upper Portion for Rent in Gulshan Block Allama Iqbal Town

Ad Type
City
Scheme
Block
Size
Features
For Rent
Lahore
Allama Iqbal Town
Gulshan
10
Near to main Boulevard
Dear All,

10 Marla upper Portion in Gulshan Block Allama Iqbal town is Available for Rent.

Its having 2 bedroom with attach baths, Kitchen and Dinning area + Terrace.
For rent Enquiry Please Contact on cell. Only Families.

Only Serious Parties.

Regards
Muhammad Yousuf Butt


>
(40134)
Wednesday, August 19, 2009 06:18 PM PST 
RE: Power of Attorney (Askari X) Lahore

Dear CMH/Brothers
Assalamalykum. I am quite interested to buy 10 Marla unit at Askari X. However, I fail to understand the dynamics of trasfer via Power of Attorney. This means that the title deed would never be in a civilian name. What happens if the person who have exectuted POA dies and there as no successives nominines as well. Or in worst case what if can be proven in court that POA was executed under pressure. How can this investment be secured for civilians like us. Please explian the procedure.

Thank you and Jakzakallah khair

Adnan Akbar

alpha beta replied on Wednesday, August 19, 2009 06:45 PM PST 

Army rules do not allow transfer of property to any civilian (except after many years). The only possiblity left is to get the property transferred in your close relatives (who of courst has to be army official) and then get power of attorney from him.
Being a buyer and getting only power of attorney after paying a colossal amount to an unknown person is prone to high risk.
Choice is yours.

Divine Gardens replied on Wednesday, August 19, 2009 11:56 PM PST 

Try Divine Gardens too on Defence road near Airport.
>
(40132)
Wednesday, August 19, 2009 05:44 PM PST 
Zakat on Property

Dear Sir,


Can somebody throw light on does one have to pay zakat on property that was bought for investment purposes.


ahmad

Adnan Akbar replied on Wednesday, August 19, 2009 06:27 PM PST 

Salamalykum,
If you dont intend to reside in that property and have a view to sell it at later stage, you have to pay zakat of 2.5% on the market value of the property.

And Allah tala knows best

Fi Aman Allah

irf doha replied on Wednesday, August 19, 2009 06:32 PM PST 

Yes my understanding is if intention is investment purposes u will have to pay zakat based on current value

Ihave found a very good n simple excel file where u can enter all data and calculate I am planning to make it little more friendly and will share with you

My experience with zakat is that it always increase and protect your wealth never hestitate for a second to pay this obligation friends

Ahmad replied on Wednesday, August 19, 2009 08:10 PM PST 

Thankyou

ashraf replied on Wednesday, August 19, 2009 08:39 PM PST 

NO ZAKAT on real estate invesment (term investment is buisness and you dony pay zakat on buinsess deals)this is my feeling , i am sure well educated scholars (not mullahas) can answer more .

Real Money replied on Wednesday, August 19, 2009 09:33 PM PST 

Yes, if you do not intend to reside in the property and if it is for investment purposes.
There are two possibilities.
(1)You are renting to get rental income out of it.

In this case you do not have to pay the Zakat on the value of the property. You will pay the Zakat only on the rental income. If it is above the limit.
Even you do not have to keep the separate record for it. You can add it in other types of income and at the end of the year you can calculate all your commodities+ bank balance etc to pay the Zakat at 2.5% (you will not count your real estate in this case as commodity and hence you will not pay Zakat for it).

(2)You are using real estate as commodity. This mean that you intend to generate profits from the sales and purchase of the real estate (in contrast to rental income)
In this case you have to count your real estate just as you money in the bank. This mean that you will pay zakat on it
For any specific question you may call me

whatever replied on Thursday, August 20, 2009 01:00 PM PST 

Zakat is compulsory on everything including your investments which are lying useless for one year. But yes, if you are doing business & you sell it before 1 year passes then their is no Zakat on it. Similarly business money which you have put in the bank and you aren't using it for last 1 year, then zakat is due on that as well.. and similarly, if you have an house which is rented then their is no zakat on house, also neither any zakat on rental money.. unless that money crosses one year useless. The main Idea is if you are circulating the money then their is no zakat on it (which actually means you are doing business). Also let suppose you crop some crops on that land, then their is no zakat on it. but yet you need to pay zakat on crops income, or if those are your own then no zakat.. (of course you don't store for 2 years, but just 1 year):)

dr ali replied on Thursday, August 20, 2009 03:00 PM PST 

if u have more than one house or plot in different cities/locations and cant decide at the moment where to live or whom plot u will retain for rental purpose and whom u sell off , than how to calculate the zakat . thnx

Just a thought replied on Thursday, August 20, 2009 11:41 PM PST 

Dear Dr. Ali, in your case if you are totally unsure then to be on the safe side and also it won't harm if you pay Zakat on the higher value property. This is just my personal feeling.
>
(40131)
Wednesday, August 19, 2009 05:12 PM PST 
Central Park

According to CMY the merger fees is 150k for 10 marla and 300k for 1 kanal. Its too high. What is the current market rate of 10 marla and 1 kanal anyway? Can anyone quote correct CURRENT price? We must know it at least for Zakat payment purposes. Grateful CMY's opinion.
>
(40130)
Wednesday, August 19, 2009 04:43 PM PST 
DHA Park View Lahore Gate

DHA Park view Lahore main gate Aug 2009
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(40129)
Wednesday, August 19, 2009 04:38 PM PST 
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(40127)
Wednesday, August 19, 2009 04:22 PM PST 
Ring Road Lahore Development Update

<<<< A lot of progress can be seen on ground in front of air port Lahore during last 2 3 weeks.

Ring Road Lahore Development Update Aug 2009.


Ch Mujahid Yasin ( CMY )
03224009967
>
(40126)
Wednesday, August 19, 2009 04:20 PM PST 
Ring Road Lahore Development Update

<<<< A lot of progress In front of airport Lahore during last 2 3 weeks.

Ring Road Lahore Development Update Aug 2009.


Ch Mujahid Yasin ( CMY )
03224009967
>
(40125)
Wednesday, August 19, 2009 03:16 PM PST 
Good News: Khayaban-e-Amin Development

Ad Type
City
Scheme
For Sale
Lahore
Khayaban-e-Amin
All Khayaban-e-Amin File Holders,

There is a good news that Khayaban-e-Amin is developing very rapidly (Check the latest pics: http://www.lahoreestate.org/2009/08/03/khayaban-e-amin-lahore-gallery/) and soon the balloting shall happen. Also the development quality is excellent.

My advice is to hold your files for just few months and you'll be rewarded.

I hope that CMY and others can also confirm this news.

Regards,

Shahnawaz.

ABID CH replied on Thursday, August 20, 2009 10:46 AM PST 

I spoke to one of very reliable persons in Sahir Associates just yesterday and he informed me that balloting will be held after Eid.Keep your fingers crossed.
>
(40124)
Wednesday, August 19, 2009 03:15 PM PST 
Own Your Future Home In 3 Years Installments

<<< Divine Gardens Entrance in Front of DHA Phase 8 Commercial Broadway


Divine Gardens Lahore

*** Great News:  Five Stars Serena Luxury Hotel coming right across the entrance of Divine Gardens/METRO ***

Divine Gardens Development Update Pictures (August 21, 2009)  *** Coming Soon ***

Divine Gardens Development Update Pictures   (July 21, 2009)

Divine Gardens Development Update Pictures   (June 19, 2009)

Divine Gardens Homes @ LRE

Detailed Information    |    Prices   |   Location Map    |    Master Plan & Availability Map

Past Projects

Divine Developers

Divine Gardens Official Website: www.DivineGardens.com.pk
(Click Divine Gardens Detail link on the bottom left of the page. There you can see Project Profile, Master Plan, Price & Payment Schedule, Image Gallery, Video, Brochure, etc. )

Divine Gardens Broucher

Download Low Resolution Video    |   Download High Resolution Video

Masjid: 10-Kanals  |  Parks: 36-Kanals  |  Hospital: 06-Kanals  |  School: 10.5-Kanals
Community Centre: 15-Kanals  |  Commercial Areas: 08-Kanals  |   Graveyard: 15-Kanals
Society/Security Offices: 04-Kanals  |  Office Blocks: 10-Kanals

 Exclusive Attractions

 Ideal Location


Gated and Secure Community
Underground Utility Cables
Water Filtration Plant
Standby Power Generation
Solar Energy Streetlights
Vigilance Cameras on all roads
24/7 Security Centre & Vehicles
Battery Driven Cars For Internal Use
Exclusive Intercom/Telecom/TV Cable
Ambulance Service
Fire Brigade.
Single Controled Entrance
Library, Marriage Halls, Cinema, Shopping, etc.
Dedicated Carwash Bays


Main Defence Road & DHA Commercial Broadway
Just 500 Meters from NetSol Software
Technology Park  http://www.NetSolTek.com
(The largest IT organization in Pakistan)

METRO Cash & Carry Superstore at Entrance

Five Stars Serena Luxury Hotel at Entrance * NEW * (Planned on more than 45 Kanals)

Adjacent to Eden Avenue Extension
Opposite to main entrance of DHA Phase 8
1 Km from Ring Road.
1.5 Km DHA Phase 2
2 Km from Allama Iqbal International Airport
4 Km from Hyatt Regency & Pace Circle (Planned on 40 Kanals)
4 Km from Novotel Hotel & Shopping Mall

Contact LRE to Buy Best Locations

For more information, site visit and booking, please call:

Adil Saeed
Lahore Real Estate
Phone:   +92-322-4009766    |   +92-300-4009766 
98-Y Commercial, Phase 3, DHA Lahore.

786@gmail.com">LRE786@GMail.com 

>
(40123)
Wednesday, August 19, 2009 03:13 PM PST 
Lahore Real Estat Market Pulse as of 1.00 Pm Aug 19, 2009

DHA Lahore Plots File Prices Lahore Real Estate Market Pulse

DHA Lahore Phase 5 M Block Allocation File buyers at 30.00 and sellers 30.25 lacs

DHA Lahore Phase 5 Extension Allocation File: Buyer(s) at 24.35 Sellers(s) at 24.50 lacs

DHA Lahore Phase 6 Allocation File Sellers at 32.00 lacs

DHA Lahore Phase 7 Allocation File Sellers at 19.85 lacs

DHA Lahore Phase 8 Allocation File Buyer(s) at 34.50 Lacs Seller(s) at 34.60 Lacs.

Parkview-DHA-8 Lahore 1 kanal allocation file Buyer(s) at 23.75 Lacs Seller(s) at 24 Lacs

Parkview-DHA-8 10 Marla allocation Buyer(s) at 17.65 Lacs Seller(s)at 17.75 Lacs

DHA Lahore Phase 9/10 Allocation File Buyer(s) at 14.10 Lacs Seller(s) at 14.20 Lacs


As I was expecting in may last post aboout DHA Valley prices have started to rise slowly in DHA Valley.


DHA Valley Islamabad open files 5 marla 3 paid sells at loss of = 25000 to 30000

DHA Valley Islamabad Non open files 5 marla 3 paid sells at loss of = 30000 to 35000

DHA Valley Islamabad open files 8 marla 3 paid sells at loss of = 20000 to 25000

DHA Valley Islamabad non open files 8 marla 3 paid sells at loss of = 30000 to 35000

DHA Islamabad Phase 2 extension lowest price certificate file is available at 10.35 Lacs


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 2.71 sellers at 2.74 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 2 paid buyers at 1.45 sellers at 1.47 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 3 paid buyers at 1.95 sellers at 1.97 lacs

Bahria Town Phase 8 without devolepment charges General blocks other than A B D C 3.05 to 3.30 lacs for 10 marla

Bahria Town Phase 8 with devolepment 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.)
in Office Hours Only
Mobile +92-322-400-9967
eMail: LRE786@GMail.com

http://www.LahoreRealEstate.com
>
(40122)
Wednesday, August 19, 2009 12:36 PM PST 

Can anyone share the development status of remaining blocks of Phase - 7 i.e. X, Y & Z? When is this expected to start. Thanks

Ali

CMY replied on Wednesday, August 19, 2009 03:03 PM PST 

W and X block development should start soon but Y Z might take some time.
>
(40121)
Wednesday, August 19, 2009 10:55 AM PST 
Exhibition for Women Businesses

Dear All,

The Rawalpindi Chamber of Commerce & Industry has arranged an Exhibition for Women Businesses scheduled on 20 August 2009 at Pearl Continental Hotel Rawalpindi at 10.00am to 10.00pm.

More then 60 Women owned businesses are exhibiting their products in the said exhibition. You can find lots and lots of products in the exhibition at a very low cost.

You are all requested to visit the exhibition with your families and children.

Attached please find detailed brochure for the exhibition.

For details, please contact Assistant Secretary R & D at Ext 112 or the undersigned.


Thanks & Regards

Faisal Bashir
Regional Business Coordinator-Rawalpindi
Small and Medium Enterprise Development Authority (SMEDA)
Ministry of Industries and Production
Government of Pakistan
Ph: +
Fax: +
www.smeda.org.pk


*Plz ignore if not relevent
>
(40119)
Wednesday, August 19, 2009 08:18 AM PST 

World sugar price a record.
http://quotes.ino.com/chart/?s=NYBOT_SB.V09.E&v=d6

Sugar replied on Wednesday, August 19, 2009 01:46 PM PST 

http://search.mercola.com/Results.aspx?q=sugar&k=sugar
>
(40118)
Wednesday, August 19, 2009 04:00 AM PST 
House for Sale

Ad Type
City
Scheme
Phase
Block
Size
Demand(Rs)
For Sale
sialkot
Askari
2
-
40*70
105 Lacks
A brand new 11 marlas house for sale in Askari 2 sialkot,Ideal location ,unique in nature, All around wall 24 hrs security guard , it is very cheep , must visit the house. Demand 105 lacks
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