Lahore Real Estate Forum

Wednesday, September 30, 2026 10:43 AM
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(39405)
Saturday, June 13, 2009 11:57 PM PST 
Stamp Duty

Dear CMY I bought a Plot in Julkt 2008 in phase 7 I paid all excepy Stamp Duty. As decision to pay stamp duty was made after 2 weeks but it was applicable from 1st July 2008. DHA office never sent me any letter that i need to pay this 24000 amount. I understand now people are Paying Stamp duty by purchasing stamp papers and writing deal on it and Both parties sign on it.
People who had transfer from 1st July 2008 to August 2008. How they will pay this stamp duty

CMY replied on Sunday, June 14, 2009 01:42 AM PST 

Jameel bhai for all transfers done after July 1 2008 buyers must pay stamp duty before collection of their allotment letters.

You need transfer date, file or plot number, buyers seller name, their father name and NIC numbers to get stamp duty papers ready to submit to
DHA Lahore.

Fee for it in DHA 7 is not 24000 . DHA 7 stamp duty fee is Rs 25000 plus a stamp paper vendor would charge you about Rs 500 get them issued from state bank . Because these are large amount stamp papers they are only issued/certified directly by state bank.

Jameel replied on Sunday, June 14, 2009 03:56 AM PST 

Thanks CMY for Prompt reply, but as a matter of fact DHA already issued tranfer letter witout Stamp duty. I have original tranfer letter with me. I dont understand now do i really need to pay, how I can pay this duty and where to Submit these stamp papers.

CMY replied on Sunday, June 14, 2009 03:56 PM PST 

Jameel bhai for many months process of collecting stamp duty was not clear between
DHA Lahore and Govt. Before that they were issuing the transfer letters but you did sign an understanding at time of transfer in DHA that when and if stamp duty amount is asked by Govt you are bound to pay it. To sell this plot or to get site plan or map approved you must clear all past due amounts on this plot. getting a transfer letter dont mean you are not liable for stamp duty any more.

khan replied on Sunday, June 14, 2009 06:33 PM PST 

Dear Friends as per new budget the property transaction will require NTN no and every body with an NTN no will have to file tax return even if they dont govt knows all the assets listed on the ntn of an individual so it will be a piece of cake for the govt to impose wealth tax which already prevails in pakistan for every body whose net worth is 10 lacs and above.
I spoke with a Tax lawyer as per him buying property may not be a problem even the
prices might be same for some time but holding the property will be just like inviting tax trouble for sure.
ultimately the demand will come down and for sure the prices will come down too.
GOOD NEWS for genuine home buyers.
Any body felt offended with this discussion please accept my apologies.
Thanks
Khan
>
(39404)
Saturday, June 13, 2009 11:49 PM PST 
CVT Increased to 4%

As I said 2 days ago CVT has been increased to 4% previously this was 2%. It is also Likely that DC rates for areas will also be revised. So tou may end up paying 3 times more CVT
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(39403)
Saturday, June 13, 2009 11:14 PM PST 
DHAI Valley / HOME

Dear All,

It is being observed that DHAI Valley and HOME Managements is committing same mistakes delibrately as committed by Malik Riaz in his all Bahria Town Projects in Pakistan. For all concern's information please read the following lines carefully.

Sir, its very easy to understand that why DHA is doing such unethical practices, because this particular project is being run and Managed by MALIK RIAZ of BAHRIA TOWN with the Collaboration of ASIF ALI ZARDARI. For evedence please come and see your self Malik Riaz and Zardari's big photo at Bahria Town phase 6 club, Islamabad. This photo was taken in the President of Pakistan (Zardari) office, soon after when Zardari took oath as President of Pakistan.

If you carefully notice same unethical mistakes being committed at all Bahria Town Projects in Pakistan and same are being done at DHAI Valley / HOME projects. Think and think again.

fourvoyagers replied on Monday, June 15, 2009 04:25 PM PST 

Assalam-O-Alaikum,

Have you ever seen migratory wild beasts in Africa stop crossing that crocodile infested river??? Same is the case of Pakistanis, who are so fond of being ripped as and when desired!!!
>
(39402)
Saturday, June 13, 2009 10:29 PM PST 
Suigas ph 2 VS DHA 9/10

Salam Alikum Brothers,

Will it be wise if i will swap/exchange my E556 Suigas ph 2 plot with DHA 9/10 file? will it be worth it? What difference will i have to pay for this?

Many Regards,

YK

YK replied on Sunday, June 14, 2009 01:45 AM PST 

CMY SB PLS ADVISE...

REGARDS
>
(39401)
Saturday, June 13, 2009 09:44 PM PST 
budget for overseas pakistani ???

is there something for overseas pakistani in this budget
or
still tasalees
and
do more by sending more transactions????

poor man replied on Saturday, June 13, 2009 10:10 PM PST 

They say its poor man budget !!!!
>
(39400)
Saturday, June 13, 2009 08:39 PM PST 
http://www.look.pk/icc.asp

ICC ball by ball

http://www.look.pk/icc.asp
>
(39399)
Saturday, June 13, 2009 08:32 PM PST 
NO REAL ESTATE TAX

NO capital gain tax only CVT increased from 2% to 4%.GOOD NEWS.
>
(39398)
Saturday, June 13, 2009 07:41 PM PST 
Capital gains tax on real estate in Pakistan

10 percent capital gains tax on real estate sector is expected.

CMY replied on Saturday, June 13, 2009 07:58 PM PST 

Friends please note this new proposed tax IF imposed wont have any major impact on DHA property
prices because in DHA Lahore trasfer transections are recorded by tax athorities based on current DC value ( Like CVT tax and stamp duty is bassed on this DC Value of DHA 6 7 9-10 etc regardless of where these plots are bought or sold and DC value for these phases is only 12.50 lacs.

So profits will be assesed on DC value at the time of sale. IF DC value is not changed you will pay no capital tax. Keep in mind DC value was recently changed only last years and was increased after many years.

Let say they increase DC value in 3 years to 13.5 lacs so you will see 1 lac profit so your capital gain tax in this case will be just Rs 10000.

Keep in mind DC values are not changed so often and the don't increase very sharply especially in this kind of week market Govt wont be able to change them soon since they were changed just last year. DHA wont let them raise DC value these too much and too soon.


Societies other than DHA may see lot of negativity due to this tax because there people don't pay tax as per DC value or their DC value is too much and cant be increased by Govt when ever they want but with DHA they can increase it to a the limited percentage after negotiating with DHA like last time.

observor replied on Saturday, June 13, 2009 08:29 PM PST 

I didn't hear of any capital gains tax in the budget speech though CVT has been increased from 2% to 4%.

CMY replied on Saturday, June 13, 2009 11:00 PM PST 

Great News

Looks like in final speech there was no capital tax on property YET. So it will be great news for property sector. Thiings are not clear yet. I am trying to gather more info on property related taxes. When I get enough info I will post it here.

If you get ny property tax info please share it here with the proper web link or source of info.

CMY replied on Saturday, June 13, 2009 11:20 PM PST 

2% Increase on CVT means more costs on transfer
DHA 6-7 and transfer cost will increase 25000
DHA 8 proper transfer cost will increase 40000
DHA 8 parkview transfer cost will increase 60000

khan replied on Sunday, June 14, 2009 06:40 PM PST 

--------------------------------------------------------------------------------
khan replied on Sunday, June 14, 2009 04:33 PM PST

Dear Friends as per new budget the property transaction will require NTN no and every body with an NTN no will have to file tax return even if they dont govt knows all the assets listed on the ntn of an individual so it will be a piece of cake for the govt to impose wealth tax which already prevails in pakistan for every body whose net worth is 10 lacs and above.
I spoke with a Tax lawyer as per him buying property may not be a problem even the
prices might be same for some time but holding the property will be just like inviting tax trouble for sure.
ultimately the demand will come down and for sure the prices will come down too.
GOOD NEWS for genuine home buyers.
Any body felt offended with this discussion please accept my apologies.
Thanks
Khan

Waqar Latif replied on Monday, June 15, 2009 03:20 PM PST 

"Inflation rate has declined to 14.4 percent and it will further decline to single digit in the next fiscal year"

>>>I doubt on this line, when i go to actual market everything is going up. How come Inflation rate is down?
>
(39397)
Saturday, June 13, 2009 07:24 PM PST 
DHA Lahore Phase 6 D Block Map

Dear freinds this is official map of recently alloted plots in DHA Lahore phase 6 D blocks.


Enjoy
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(39396)
Saturday, June 13, 2009 06:55 PM PST 
Invest in house construction industry & earn 30-35% halal profit

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
Lahore
Bahria Town
sector B
Usman
114C
35*35
40'
12 lakh
Ideal for immediate home construction
Plot is ideal for immediate house construction,either purchase the plot & build house yourself or through us.Our quality starts at Rs 1,000 per sft. We already have two under construction projects at sector B. Total cost to build a home on this plot is given below

plot cost Rs 12 lakh ( with possession)
Bahria charges for map approval 45 K (with drawing)
Bahria charges for utilities 50 K
TMA charges for map approval 05 K
Our construction charges ( @ 1,000 per sft) 9.50 lakh for single story & 16-17 lakh for double story approx.

Total cost of project 22.5 lakh for single story and 29.5 lakh for double story.

As per current market resale value is 29 lakh and 37 lakh approx. respectively.

Project completion time is 3.5 months for single story and 05 months for double story.

For construction specifications & our proposed drawing plans please e mail at or contact at
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(39395)
Saturday, June 13, 2009 06:19 PM PST 
DHA Lahore Plots File Prices Lahore Real Estate Market Pulse

DHA Lahore Plots File Prices Lahore Real Estate Market Pulse as of 4.20 Pm June 13, 2009


DHA Lahore Phase 5 M Block Allocation File buyers at 30.40 and sellers 30.50 lacs.


DHA Lahore Phase 5 Extension Allocation File: Buyer(s) at 25.85 Sellers(s) at 26 lacs


DHA Lahore Phase 6 Allocation File Sellers at 34.00 lacs

DHA Lahore Phase 7 Allocation File Sellers at 20.75 lacs

DHA Lahore Phase 8 Allocation File Buyer(s) at 33.80 Lacs Seller(s) at 33.90 Lacs .

Parkview-DHA-8 Lahore 1 kanal allocation TRANSFER file Buyer(s) at 26.85 Lacs Seller(s) at 27 Lacs


Parkview-DHA-8 10 Marla allocation Buyer(s) at 18.90 Lacs Seller(s)at 19 Lacs

DHA Lahore Phase 9/10 Allocation File Buyer(s) at 14.75 Lacs Seller(s) at 14.85 Lacs

DHA Valley Islamabad open files 5 marla 3 paid sells at loss of = 40000 to 45000

DHA Valley Islamabad open files 8 marla 3 paid sells at loss of = 50000 to 55000

DHA Islamabad Phase 2 extension lowest price certificate file is available at 10.85 Lacs


Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 2 paid buyers at 1.38 sellers at 1.40 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 3 paid buyers at 1.87 sellers at 1.89 lacs


**********************************
***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.)
042-111-111-040 in Office Hours Only
Mobile +92-322-400-9967
eMail: LRE786@GMail.com

http://www.LahoreRealEstate.com
>
(39393)
Saturday, June 13, 2009 05:54 AM PST 

Ad Type
City
For Sale
Lahore
CMY Sahab, Assalam O Alaikum

Can you please kindly tell me the current going rate for plots in Johar Town lahore?

I currently own a 8 marla plot and a 12 marla plot. Can you please give me some info as to what the current approximate price is? 8 marla plot is in a fully developed area and the 12 marla plot is in a partially developed area.

CMY replied on Saturday, June 13, 2009 06:25 PM PST 

Dear friend Johar town is huge area. I need plot and block numbers to give you accurate rate. Number dont have to be exact but there is too much price difference depending on where it is located so plot number is need for good assesment.
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(39392)
Friday, June 12, 2009 09:22 PM PST 
10 Marla Brand New House for sale

Ad Type
City
Scheme
Phase
Block
For Sale
Lahore
DHA
4
EE
A 10 Marla Brand New house in EE sector of phase 4 at good location.

Interested parties can contact via e-mail for further details. Thanks.
>
(39391)
Friday, June 12, 2009 09:03 PM PST 
A Clear Bad Intention of DHA Officials in DHA Home Ballot!

I paid my installment exactly what I was told by DHA advertisement, came in newspapers.
DHA said that if allotees pay their due installment before 3rd July, they will be included in ballot which was held on 9th July.
I paid mine on 2nd and when checked the results on website, got a heart attack as I was dropped in balloting?
I do not know what will happen next!
Will they cancel my villa and refuse payment what I already paid to them (booking money and two installments) or give me a villa on worst location as they cheated me already by dropping me from the ballot without any reason!

Does someone have similar treatment from DHA Islamabad?

Jameel replied on Saturday, June 13, 2009 02:38 AM PST 

That is serious problem, I paid my 5th instalments for DHA Plot in phase 7, 10 days before the due date and still DHA issued the Notice that you have not paid. But It was written in small letters underneath that in case you have already piad ignore this letter.
This does not create serios problem as I already have plot and
Location. But In your case it can be serious. You may contact DHA office as soon as possible I hope they will give you average location as it is their Fault.
But Just for my info how many instalments were due till 3rd July which year July you are talking of?? and what you had been doing in this period. FYI today is June 12th

Altaf replied on Saturday, June 13, 2009 08:37 PM PST 

Sorry Jamil,
I meant June-2009 not July-2009!
I am so depressed that I still fail to understand, why DHA has started practicing these bad things, I must have had some idea when I saw Riaz Malik opening the ballot!
I paid my 1st installment in time and about 2nd installment, I asked them, if there was some relax on delaying and they gave me this reply:

“Sir, do not worry about delaying your single installment, as your villa would get cancelled only if you fail to pay two CONSECUTIVE installments”
I was supposed to pay on 1st May-2009 but upon having their promising reply, I decided to pay a little late as, I thought it is DHA after all.
I failed to realize that it is now Malik Riaz, the BT guy!
Now when I enter my NIC# and my registration no, a message is popped up on my face:
“
Contact DHA Islamabad”
I am trying to make my heart to contact them as if they refuse to pay my money back, I do not have time to go Pakistan and sue them.

MALIK RIAZ replied on Saturday, June 13, 2009 10:59 PM PST 

Sir, its very easy to understand that why DHA is doing such unethical practices, because this particular project is being run and Managed by MALIK RIAZ of BAHRIA TOWN with the Collaboration of ASIF ALI ZARDARI. For evedence please come and see your self Malik Riaz and Zardari's big photo at Bahria Town phase 6 club. This photo was taken in the President of Pakistan (Zardari) office soon after when Zardari took oath as President of Pakistan.

MALIK RIAZ replied on Saturday, June 13, 2009 11:04 PM PST 

If you notice same bad and unethical practice is being committed by MALIK RIAZ in all Bahria Town Projects in Pakistan. Its a matter of concern for all Pakistanis.

Altaf replied on Sunday, June 14, 2009 02:14 PM PST 

Yesterday, they replied my message and asked me to send them the scanned copy of my payment and informed me that my villa was included in the ballot?

If it was included then why are they hiding the results? If there is a payment problem, they can always hold the letter or cancel the villa but why hiding the ballot results from me?
What if I lost my payment record? They do not have record with them?
Now another question: If they now need the scanned copy of my payment, it means they did not have my money reached to them from Askari Bank before 3rd June and were supposed to drop my name (as per the AD) from ballot! But they are saying it was included in the ballot! How come?

Why they have to tell a lie?

If they are nice enough to include my payment, even if installment was not paid before the announced date, then why they have to hide the results from me?
Why cannot they check from Askari Bank for my payment and if Bank messed up, they can always inform me about the truth?
It seems a big fraud in DHA Homes ballot seems to come out soon!

Habib replied on Sunday, June 14, 2009 06:59 PM PST 

Altaf I think you are becoming emotional, They must have made some arrangement forehand before ballot. Naturally if you paid only one day before due dat. That is quite likely your name is not showing on List. They may have Blocked your result due to non payment or They have some reserve from which they will give you Villa.
Why not to fax them and they will fix your problem. Finally when you get please share with us if you got fair
location.
In NFC2 I had been regularly paying the instalments and recently they changed the Map but did not Touch the location although number was changed. But people who were not paying some of them may have got bad locations.

Altaf replied on Monday, June 15, 2009 05:56 PM PST 

Habib Sahib,

If I paid one day before the due date, they ought to have some kind of a system to get to know.
We are not living in stone age. If they failed on their end to take my money from the bank (or their bank failed to intimate them), why should I be punished?

Now two weeks after I paid, still they are looking for a scanned copy?
Why do not they just tell me the truth that they had messed up my case and make things straight, from now onward?

I know I will be the loser at the end of it but still it must be voiced up as may be they have done the same bad things to others also. That’s why I am asking others affected ones to come forward and post
>
(39389)
Friday, June 12, 2009 08:29 PM PST 
DHA Lahore Plots File Prices Lahore Real Estate Market Pulse

DHA Lahore Plots File Prices Lahore Real Estate Market Pulse as of 6.20 Pm June 12, 2009


DHA Lahore Phase 5 M Block Allocation File buyers at 30.40 and sellers 30.50 lacs.


DHA Lahore Phase 5 Extension Allocation File: Buyer(s) at 25.85 Sellers(s) at 26 lacs


DHA Lahore Phase 6 Allocation File Sellers at 34.00 lacs

DHA Lahore Phase 7 Allocation File Sellers at 20.75 lacs

DHA Lahore Phase 8 Allocation File Buyer(s) at 33.90 Lacs Seller(s) at 34 Lacs .

Parkview-DHA-8 Lahore 1 kanal allocation TRANSFER file Buyer(s) at 26.85 Lacs Seller(s) at 27 Lacs


Parkview-DHA-8 10 Marla allocation Buyer(s) at 18.80 Lacs Seller(s)at 18.90 Lacs

DHA Lahore Phase 9/10 Allocation File Buyer(s) at 14.80 Lacs Seller(s) at 14.90 Lacs

DHA Valley Islamabad open files 5 marla 3 paid sells at loss of = 40000 to 45000

DHA Valley Islamabad open files 8 marla 3 paid sells at loss of = 50000 to 55000

DHA Islamabad Phase 2 extension lowest price certificate file is available at 10.80 Lacs


Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 2 paid buyers at 1.38 sellers at 1.40 lacs

Phase 9 Bahria Town Rawalpindi Pakistan 10 marla 3 paid buyers at 1.87 sellers at 1.89 lacs


**********************************
***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.)
042-111-111-040 in Office Hours Only
Mobile +92-322-400-9967
eMail: LRE786@GMail.com

http://www.LahoreRealEstate.com
>
(39388)
Friday, June 12, 2009 05:21 PM PST 
Dha Phase 8 Park view Plot For Sale

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
Lahore
Dha
8
D
314
1 kanal
40 F
66 lacs
FACING PARK
DHA Phase 8 parkview 10 Marla plot for sale Plot # 38 Near dha vills asking price 41 lacs. :sh: :sh:
>
(39387)
Friday, June 12, 2009 05:17 PM PST 
.

.
>
(39386)
Friday, June 12, 2009 02:23 PM PST 
Bahria town plots for sale

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
Demand(Rs)
Features
For Sale
Lahore
Bahria town
C
Jasmine
192
10 M
40 F
15.75 Lacs
CORNER
For Sale
Lahore
Bahria town
C
Jasmine
14
1 Kanal
80 F
34 Lacs
MAIN BLV
For Sale
Lahore
Bahria town
C
Jasmine
646
10 M
40 F
14.90 Lacs
NEAR M BLV
For Sale
Lahore
Bahria town
C
Gulbahar
275
10 M
40 F
13.25 Lacs
NEAR M BLV
For Sale
Lahore
Bahria town
C
Gulbahar
343
10 M
40 F
14.75 Lacs
NEAR M BLV
Bahria town sector B C & safari villas buying selling plz contact:

Adil Saeed
0322-4009766
0300-4009766

Mohsin replied on Saturday, June 13, 2009 10:01 PM PST 

Adil,
what is the price for 8 marla plot in ali block at 60ft road
>
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