Lahore Real Estate Forum

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(38132)
Wednesday, February 25, 2009 04:06 PM PST 
272sq yard plot for sale in Cabinet Division

Ad Type
City
Scheme
Phase
Size
Demand(Rs)
Features
For Sale
Islamabad
Cabinet Division
E16
272 sq yd
925000
ballot in April
For Sale:

a 272sq yard (35x70) plot file in sector E16. The ballot is taking place in end of March or early April according to the latest update.

My demand is Rs.925,000/- excluding development charges. I have already paid 2 installments for the dev. charges and the buyer will also have to pay the remaining installments to be included in the ballot.

Urgent sale as I want to convert this to a 500 yard plot before the ballot. Exchange also possible.

Please contact me if interested. Anwer .

Thanks

Awais replied on Thursday, February 26, 2009 05:03 PM PST 

1-File is transferable without payment of development charges
2-Plot wil alloted in E-16 or E-17
3-Total Development Charges

Anwer replied on Thursday, February 26, 2009 08:23 PM PST 

Dear Awais Sb.,

Yes file is tranferrable without development charges.

It is in E16 not in E17.

Total dev. charges are 250,000/-
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(38130)
Wednesday, February 25, 2009 04:00 PM PST 
500 sq yard plot for sale in DHA Ph II Ext (ex Commoners Town)

We are owner of this 1 kanal (500 sq yards)corner plot with extra land on 80 ft river road and 40 ft side road located in DHA Ph-II Ext (ex Commoner Town). Its front is open to the river with very beautiful view. If interested, please call on 0092(0) or email at .

Buyer replied on Wednesday, February 25, 2009 05:57 PM PST 

Demand ?
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(38129)
Wednesday, February 25, 2009 03:59 PM PST 
BAHRIA TOWN PLOTS FOR SALE

BAHIRA TOWN PHASE 4 PLOT 35X70 IDEALLY LOCATED BEST FOR CONSTRUCTION 33 LAC

BAHIRA TOWN PHASE 4 PLOT I KANAL IDALLY LOCATED BEST FOR CONSTRUCTION 49 LAC SERIOUS INQUIYR ONLY

BAHIRA TOWN PHASE 8 ALI BLOCK 200 SQ YARD DEMAND 10 LAC

BAHIRA TOWN PHASE 8 SECOTRE 8 IDE 200 SQ YARD DEMAND 11 LAC
DR AG KHAN
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(38128)
Wednesday, February 25, 2009 03:45 PM PST 
Deal of the day in DHA Lahore by Lahore Real Estate

.:cl :cl :cl :cl

Deal of the day in DHA Lahore by Lahore Real Estate.

DHA Lahore Phase 7 plot near W 691 @ 34 lacs.

Best deals at lowest prices.

Ch Mujahid Yasin ( CMY )
042-111-111-040
0322-4009967

:cl :cl :cl :cl
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(38127)
Wednesday, February 25, 2009 03:37 PM PST 
Shehbaz Sharief and Nawaz Sharief Disqualified

Shehbaz Sharief Sacked by supreme court. Shehbaz Sharief is no longer a cheief minister.

Punjabi replied on Wednesday, February 25, 2009 03:42 PM PST 

I dont know when Punjabi will rise, we are the only dumb nation giving so many sacrifices and still receive the alligation of negative allegation from our...

...

Time to rise..........

ua replied on Wednesday, February 25, 2009 03:55 PM PST 

and what do you plan to do after your 'rising'? ...

Ch Aslam replied on Wednesday, February 25, 2009 04:19 PM PST 

Very sad to read such like words from PARA LIKKA Punjabi sb

Javed replied on Wednesday, February 25, 2009 04:30 PM PST 

we claim to be 4 brothers living in pakistan and look at kind of remarks about brothers?

Waqar Latif replied on Wednesday, February 25, 2009 05:08 PM PST 

gr8 news, now we will see some more KSE crashes, economical balshes, & the nightmare for the people of pakistan will continue..

*Sick* of our hypocrite president!!

SOHAIL. replied on Wednesday, February 25, 2009 05:23 PM PST 

WHAT YOU COULD SEE FROM THE PERSON WHO MADE PROMISE 3 TIMES ON PAPER AND HE IS THE PRESIDENT OF THE COUNTRY.AFTER THAT HE IS SAYING IT IS NOT QURAN.

I THINK IT IS MOST UNFORTUNATE FOR OUR HOMELAND........................

boooot replied on Wednesday, February 25, 2009 05:37 PM PST 

its start wait and see March is end of our ... leadership?
boooot comming

Amir replied on Wednesday, February 25, 2009 06:20 PM PST 

Are we getting step closer to another martial law ?

Ali Zaidi replied on Wednesday, February 25, 2009 06:33 PM PST 

Disqualification of Sharif Brothers indicate that govt of ppp dont believe in politics or political process.This decision cannot eleminate sharif brothers from politics. If Zardari thinks so he is mistaken. If Bhuttos could not be eleminated how come sharifs? And Mr Zardari,you will be ex president very soon,sure you will be in jail and no Benizir Bhutto roaming around the world's capital to seek yur release.Yours non political adviser like Salman Taseer will be enjoying. Come to the senses Mr President and dont depoliticalise this country.

PMLN replied on Wednesday, February 25, 2009 06:51 PM PST 

PML N will appeal in SWAT Courts Chief Justice Sufi Mohammed instead of CJ Dongar Courts?

Observer replied on Wednesday, February 25, 2009 06:58 PM PST 

Admin
Please remove the statement from this guy 'Punjabi'

We live in Punjab and have no such prejudice. The point is we do not have INSAAF in our society and we should concentrate on getting rule of law. MARCH is around the corner , lets make it a success and our children can live in a fair society.

Salman replied on Wednesday, February 25, 2009 07:25 PM PST 

Zardari is the legacy of Musharraf.... and we will have to bear with him

Army is preparing grounds for takeover once again. These army generals can't breathe without sucking the nation's blood

MM replied on Wednesday, February 25, 2009 07:30 PM PST 

This the part of the BIG GAME being played by US and Allies. To keep Pakistan unsafe for living so that rich people with money and assessts must go abroad to USA and EU

To make this plan fail, all Pakistanis are requested to come back to Pakistan and not to leave the country and pray to Allah Taala for the stability of Pakistan our Homeland

Salman replied on Wednesday, February 25, 2009 07:31 PM PST 

I totally agree with Mr. Punjabi
Punjab has always been exploited by other provinces. You see Muhajir Qaumi Movement, Jiyaay Sindh, Balochistan National Party, ANP all of them have a provincial character and talk about interests of their people.

We PUNJABIS have always been too generous

The big brother has always sacrificed but lets not do it any more....

Expat replied on Wednesday, February 25, 2009 07:43 PM PST 

@ Salman; Zaradri is not legacy of Musharraf, go read the web site of PPP and see how much anti Musharraf propaganda they do against an Ex Cheif of army and elected president of Pakistan.
Musharraf was all about vision and where as Zardari is clearly workign on indian agenda.
Sharif brother's were not examplary they have done crimes for which they pay and it there was a case based on facts.
PML-N only wanted Punjab at the sacrifice of Pakistan. PML-N collectively lost to PPP and so does all those who voted for the inept leaders of PML-N.
What we need is a long march not of Iftikhar ch but demanding the politicians of Pakistan to bring back every looted penny to Pakistan.
This includes both Sharif brothers and Zardari and their benificiaries.

A.M.BUTT replied on Wednesday, February 25, 2009 07:51 PM PST 

Zardari is digging deep well for him ( ppp real leaders and workers knew very well it is sade for ppp (It is true that pp is finished by Zardari and company.

Ther no quistion of Punjabi and other brothers (There IS chore ka tolla)
donot want real semocracy and leader ship in pakistan(( i am requesting pp workers to de-part fom zardari party)

True Pakistani replied on Wednesday, February 25, 2009 07:55 PM PST 

If we have to save our country, we will have to get rid of very very very very very very bad ZARDAI. Otherwise this country can,t survive.

In sider replied on Wednesday, February 25, 2009 08:12 PM PST 

I agree with expat and want to add one more fact , that Mr Javed Hashmi has been side lined by Brotheran because he asked Mians , Zardaries and Choudries to bring their wealth back to pakistan. By doing so by our leaders , we dont require any loans from IMF or World Bank. From that day poor Hashmi is not seen on the side of Mians

yesss replied on Wednesday, February 25, 2009 08:16 PM PST 

Zardari is the man from hell who is going to destroy Pakistan !!!
Say goodbye to Pakistan

Jan replied on Wednesday, February 25, 2009 09:03 PM PST 

Chief justice Sufi Muhammad will do the right justice and disqualify all the present leaders including sharifs because no one is Mr Clean

Hamid,Toronto replied on Wednesday, February 25, 2009 09:10 PM PST 

Punjabi and ua comments are absolutely rubbish and nonsense.
GOVT should rectify this decision by doing the following steps:
- Presidential Pardon to Sharif brothers.
- Re-instate the judicial power and let them decide the Sharif brothers political future.

In coming months I am seeing more politically un-stability if GOVT does not rectify this decision. You may see:
- Split in PPP, new block against Zardari
- Sharif brothers will do every single thing for their personal gain.
- Strong street power by lawyers

To avoid the comments like Punjabi and ua, GOVT should split the Punjab into 4 provinces.
Punjab (4) Sind (3) NWFP(3) Balochistan (3)
Very bad for democracy! Welcome to Hell!

Javed Choudry replied on Wednesday, February 25, 2009 09:43 PM PST 

Mr salman , you are out of sences and talk rubbish. Plz dont involve Army in the on going politics which is totally for personal gains.There is nothing wrong with the Army in the present situation, the things are wrong with our elected politicians who are in incapable of managing political affairs in the country and playing dirty games for personal gains. After seeing these happening with a realistic eye, how the hell you are blamming for all this. Plz think with a cool and patriotic mind. Dont cut the branch on which you are sitting

another fauji?? replied on Wednesday, February 25, 2009 10:38 PM PST 

Is Mr Javed Choudry is another fauji coming to defence of pure (pure) army??

arsu replied on Thursday, February 26, 2009 02:05 AM PST 

There is a famous saying "as you sow so shall you reap" which holds very much true when it comes to the politics of country like ours.Nawaz had also tried to control sindh through Ghaous Ali Shah this way.Just thinking whether can we still say
- worst democracy is better than dictatorship
- zardari's re-concilliation policies are fantastic
- we are out of the worst

khan from canada replied on Thursday, February 26, 2009 11:55 AM PST 

I pitty most of the contributors and the readers who have to read most of this rubbish. I still have to see a single Pakistani on this discussion. I am a Pakistani and donot care who is Punjabi, Sindhi, Pathan or Balochi. Rise for your country and not for anyone else. We cannot succeed till we have this differentiation between our cadres. Respect all cultures as all of them are wonderful, but be one i.e. Pakistanies. Pakistan Zindabad . Admn- We should not let such kind of discussion happen on such important forum-Thanks (without any personal offence to anyone)

Punjabi replied on Friday, February 27, 2009 07:29 PM PST 

To All who replied Against Punjab/ Punjabi

why do you all hurt when a Punjabi raised his voice?? why not when Muhajir (so called) and Pakhtoons raise their grievences???

This is a totall planned revenge of Sindh and Muhajirs (Musharaf and Dacoit Sindhi who is ruling us) ???

Punjabis are the only one who welcomed most of the Muhajirs in 1947, still they get bad words from other nations??? why

Punjabis are the one who mostly serve in Army and Shahadat during all previous Wars?? still they are the opressors??? why?//

Punjabis are growing food for those people even hardly can break a straw....???? eating Roti tay karnian Galan??? why???

Nawaz Sharif and CH. Iftikhar were targeted (12 May Karachi) and both suspended???? is it only a coincedent that both are PUNJABIS??


Why if some one speak against Army or speak for his right then every body BANNNNNNNN HIM or request to BANNNNN him....because they have no arguement to convince himmmmmmmmm

Why if some one (Punjabi) speak even a lie every body consider him a Traitor...........???

I am a young person representing millions of young people...is the feeling generated in me is not fair???

Javed Choudry replied on Friday, February 27, 2009 09:43 PM PST 

Mr Punjabi , you are Pakistani sheikh Mujeeb Who was killed by the ppl to whom he gave them the so called freedom with the connivance of our enemy NO 1 . Suggest to amend your way

Punjabi replied on Friday, March 13, 2009 01:46 PM PST 

"Suggest to amend your way"

Chuadry Sahib, you are right i am ammending my way by not putting my Pugg in the feet of Gora Sahib and resist and raise my voice as PUNJABI.........thanks for guidance.
>
(38126)
Wednesday, February 25, 2009 03:35 PM PST 
Eden Homes - Multan Raod

Want to know about Eden homes - Multan Raod 10M house prices. Thanks.

salman replied on Monday, March 2, 2009 11:45 AM PST 

Mr. Riz
email me at
>
(38125)
Wednesday, February 25, 2009 03:02 PM PST 
Tech Society 1 K plot for sale

Ad Type
City
Scheme
For Sale
Lahore
Tech Society
The Engineering coop housing society located kanal bank (TECH) Beautiful location, Block B, size 1 kanal. Demand 1.50
Contact
Ali Zaidi
>
(38124)
Wednesday, February 25, 2009 02:56 PM PST 
is DHA a Ponzi Scheme ?

Today most people know about madeoff in USA. It was the biggest ponzi scheme in usa history of a fraud of around 50 billion dollars.
I wonder if some of the big real estate companies are playing the same game. And eventually this will also collapse.

Here is the theory of the game play with a supposed company lets say PakHA.
Start a scheme/project and sell plots to people on installments.
Collect installments, wipe/eat most of these funds and spend a little bit on development and give few plots to few people, so that more people keep coming.

When out of money, start another scheme and sell more plots.
Collect installments, wipe/eat most of these funds and spend a little bit on development and give few plots to few people again to keep more people coming.

keep on repeating this. What is happening; that new buyers are paying for old buyers. And in the middle PakHA is making tons of money.

Eventually this scheme will bust. Eventually there will be so many projects/schemes under development or not delivered and people will completely loose faith in PakHA and no one would want to buy any more of this. And thats when it will bust. How long it will take to bust it depends on how strong PHA is? It may keep on going for over 50-60 years or even more who knows.
After all madeoff scheme worked for over 30 years.

Here is the basis of this theory.
Good companies and honest businesses don't work like this. Don't keep on starting new projects without delivering previous ones. They know these are liabilities and with the passage of time everything is getting expensive. If they won't deliver on time it will cost them more money and business will loose money.

But not for PakHA. They have started so many projects/phases after phases after phases. Without delivering the previous ones. Because they know they don't have any liabilities. They can ask for extra charges if materials get expensive. And eventually they can and will throw towels and run away.
Interesting thing is that PakHA will never offer a project with a strict dead line and written guarantee that if project does not complete on time they will pay penalty to the buyers.
Buyers have to pay penalties if they are late on their payments. But PakHA don't have to deliver on time. No clause like that. No penalties for them. Rather buyers have to pay more money under different clauses because now materials have become expensive because of PakHA's laziness.

Some may not agree with this theory but at least now we know what a ponzi scheme is and how that works?

To me any of these big real estate companies are ponzi schemes if they don't deliver on time and on budget and keep starting new projects.

Ms.Ferzin replied on Wednesday, February 25, 2009 03:04 PM PST 

Is PHA is the same PakHA or two are different?
Can any body comment.

Ponzi replied on Wednesday, February 25, 2009 03:19 PM PST 

Its a typo. Just supposed names to explain the idea. Please make it whatever you like.

Ali3 replied on Wednesday, February 25, 2009 06:21 PM PST 

All housing schemes, private developers, etc. are illegal, immoral and unethical. Private individuals DO NOT have the right to start their own towns, cities and countries, unless ofcourse if they declare themselves as King and the country as their Kingdom. It's the apathy of our government that they have left such work to be fulfilled by the private developers because they do not have the time nor will to serve the people. Also, by deliberately making land shortage they use this to make quick money.

Same goes with other fields like education, health, sports. Citizens SHOULD NOT have to pay for membership fees of elites clubs, private schools and elite hospitals. This country is worse than a jungle.

SaeedAhmedIslamabad replied on Wednesday, February 25, 2009 07:03 PM PST 

Well dont think DHA is a ponzi scheme becasue they have delivered and they r delivering. However, i know at least one developer which appear to ME like ponzi is 'Multiprofessional societey' of Islamabad. They started F-17 in early 1992 (or even prior to that) and never delivered (infact never acquired complete land), they started B-17 no progress on it, and i think they have few more without any output.

Salman replied on Wednesday, February 25, 2009 07:35 PM PST 

Not sure abt DHA, but BAHRIA does follow a similar kind of strategy

JI replied on Wednesday, February 25, 2009 08:41 PM PST 

Nice article Ponzi.
I think DHA is lagged in consildating its announced schemes and mechinism of 'no-date' plans is totaly rediculous. A roadmap for each society announced should be given to the public and developer should stick to it.
Regards

Ponzi replied on Thursday, February 26, 2009 12:51 AM PST 

I don't know about governing laws about real estate. Even if I knew that would be useless for a a state like Pakistan.
I just look at these scheme's on a pattren similar to ponzi and that was my point.
Thanks.
Mazhar

Hamid,Toronto replied on Thursday, February 26, 2009 11:34 AM PST 

I don’t think this article really fit in Pak environment. You CANNOT get the 100% honesty in Pakistan. We simply don’t have that. Here is 100 thousands dollars question, can you tell me any single real estate developers that is not follow the PONZI strategy.

Ponzi replied on Thursday, February 26, 2009 12:58 PM PST 

Hamid Bhai thats the whole point of writing about this.
I agree with 100%.
regards.
Mazhar
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(38123)
Wednesday, February 25, 2009 02:26 PM PST 
Single accomodation or small upper portion for rent in rawalpindi

Hi, I want a single accomodation or some small upper or lower portion on rent with one car parking in Rawalpindi. My preferred areas are Westridge, chaklala scheme 3 & Qasim market area.

maria hakeem replied on Thursday, April 5, 2012 06:31 PM PST 

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(38122)
Wednesday, February 25, 2009 02:05 PM PST 
>
(38121)
Wednesday, February 25, 2009 01:23 PM PST 

What is the price level in DHAI commoners town Rawalpindi at the moment. Sector-wise??.
Is it a good investment or not.?? What is the time frame one can see for this sector. Realistic comments will be appreciated.
>
(38120)
Wednesday, February 25, 2009 02:15 AM PST 
.

Ad Type
City
Scheme
For Rent
Lahore
Gulberg
.
>
(38118)
Wednesday, February 25, 2009 01:41 AM PST 
Foreign currency account !

I live abroad and want to open a foreign currency account in Pakistan.Can someone lay down the main benefits in opening such an account and some other detailes like

1. Which bank is better to have such an account
2. Is there any choice of opening a current account.
3. Can it be in any currency, like dollars, pounds,riyals, etc
4. Does our amount keep fluctuating alongwith the currency fluctuation in the market or whatever we deposit remains the same irrespective of the currency fluctuation.

Thanks

ALM replied on Wednesday, February 25, 2009 02:09 AM PST 

- You can open in USD, GBP, EURO.
- Your currency value remains same regardless of Xchange rate. You deposit in $, you withdraw in $.
- Use any good bank, SCB, RBS etc

Friend replied on Wednesday, February 25, 2009 08:11 AM PST 

1. Which bank is better to have such an account
<Banks are banks it doesn't matter which bank you open up the account.
2. Is there any choice of opening a current account.
<yes
3. Can it be in any currency, like dollars, pounds,riyals, etc
<Yes.
4. Does our amount keep fluctuating alongwith the currency fluctuation in the market or whatever we deposit remains the same irrespective of the currency fluctuation.
<Foreign currency account amount stay the same in foreign currency, but it will fluctuate once you break them into repuees.

yessss replied on Wednesday, February 25, 2009 11:29 AM PST 

I have a US Dollar account at Standard Chartered Bank. WHen the US reaches 100 rs, I will exchange it all for rupees !!

alpha beta replied on Wednesday, February 25, 2009 12:31 PM PST 

Wallah! they are all thieves. Do you know they charge in the name of service charges (especially RBS former ABN AMRO) US $65 for telex transfer from abroad. This amount is just for receiving the transactions. I think nowhere in the world any bank charges for receiving the money. So beware of these thieves and better opt for some Pakistani (govt. owned) bank.
I would recommend National Bank for maintaining foreign currency account.

Mazhar replied on Wednesday, February 25, 2009 02:12 PM PST 

from usa one can open foreign currency account with UBL
here is the website.
www.ublny.com

I do not have any personal account with ubl but I have used their service to send money to my family many times in last 4 years and never had any problem.

good luck

Umar replied on Sunday, June 10, 2012 01:00 AM PST 

I live in Pakistan and want to open foreign currency account. Can I buy dollars from open market for the purpose?
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(38116)
Tuesday, February 24, 2009 10:44 PM PST 
Rent a portion/Apartment/ House

Dear All,

We wana portion of Two beds on reasonable rent,
our preffered areas are Kalma Chowk/ Barbara Market and Barkat Market,
If anyone has a house/Apartment or portion, then Kindly Inform me on:



I shall be v Thankful to U.

Best Regards,
Raheel Khan.
>
(38115)
Tuesday, February 24, 2009 10:18 PM PST 
plot

Ad Type
City
Scheme
Phase
Size
Wanted
lahore
iqbal avenue
3
1kanal
looking for 1 kanal plot in iqbal avenue phase 3 lahore.
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(38113)
Tuesday, February 24, 2009 08:30 PM PST 
DHA Valley

Ad Type
City
Scheme
Size
Dealing
ISD
DHA Valley
5
Dear CMY Sb. Assalam-o-Alikum,
I have paid (Rs.12,500) ist installment of DHA Valley membership fee. Will it be fine if i dont pay them second installment (Rs.15,000) becoz i dont want to retain my plot so that the buyer can get the benefit of my Rs.12,500/- by paying only Rs.15,000 for membership fee?

Are there any prospects of DHA Valley?

Your friend replied on Wednesday, February 25, 2009 03:43 PM PST 

More installments you pay more money you will lose. Take a loss and walk away.
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