No flexibilty in Dubai Properties

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Flow of Capital to Dubai is one of the key factor in slump of realeste sector in pakistan.
Ref to discussion below.
New law "made" in Dubai that if you dont pay your Instalment in 30 days, your Booking will be cancelled and you may get 70% of deposited money after many years after the Project is complete and resold.
This will bring Dubai Property Price to new lows

http://www.arabianbusiness.com/538095-real-estate-defaulters-targeted-by-new-law

Lahore Real Estate Market Pulse Nov AM

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DHA Lahore Phase 5 . Allocation 1 Kanal seller at 41 Lacs

DHA Lahore Phase 5 Extension. Allocation: Buyer(s) at 29.25 Sellers(s) at 29.50 lacs

DHA Lahore Phase 6 Allocation: Sellers(s) at 44.00 Lacs

DHA Lahore Phase 7 Allocation: Sellers(s) at 23.50 Lacs

DHA Lahore Phase 8 Allocation: Buyer(s) at 36.70 Seller(s) at 36.75 Lacs

DHA Lahore Phase 9/10 Allocation: Buyer(s) at 15.10 Seller(s) at 15.15


Parkview-DHA-8 Lahore 1 kanal allocation OPEN file Buyer(s) at 31.00 Seller(s) at 31.05 Lacs

Parkview-DHA-8 Lahore 1 kanal allocation Transfer file Buyer(s) at 31.45 Seller(s) at 31.50


Parkview-DHA-8 10 Marla allocation Buyer(s) at 22.05 Seller(s)at 22.20 Lacs.

Bahria Lahore Sector C 10 marla 2 Paid at 1.81 Lacs
Bahria Lahore Sector C 10 marla 3 Paid at 2.36 Lacs


Bahria Town Rawalpindi Phase 9 10 marla 3 paid file buyers at 1.79 lacs sellers at 1.81 lacs

Bahria Town Rawalpindi Phase 9 10 marla 2 paid file buyers at 1.298 lacs sellers at 1.31 lacs


DHA Islamabad Phase 2 Extension 1 kanal allocation file 9.75 Lacs to 21 Lacs.

DHA Lahore Phase 5 plots 67 lacs to 120 Lacs

DHA Lahore Phase 6 plots 43 lacs to 70 Lacs

DHA Lahore Phase 7 plots 28 lacs to 50 Lacs

DHA phase 8 Parkview and Air Avenue plots 56 lacs to 90 Lacs.


DHA 8 Air Avenue Lahore
10 Marla 35 to 50
20 Marla 60 to 78
40 Marla 125 to 140

DHA 8 Park View Lahore

10 Marla 33 to 38 Plus Dev Charges
20 Marla 55 to 95
40 Marla 95 to 155


These are going rates of BT ph 8 pindi

Bahria Towm Rawalpindi Phase 8 10 Marla 3.10 Lacs plus 4.95 Lacs as development charges

Bahria Towm Rawalpindi Phase 8 1 Kanal 8 to 9.50 Lacs plus 6.50 Lacs as development charges


*** Always deal with Registered/Authorized Dealers only ***

Rates you can trust provided by:

Ch. Mujahid Yasin (CMY)
Lahore Real Estate
Registered/Authorized Dealer (DHA, EMAAR, Bahria Town, Urban Developers, etc.)
+92-300-400-9967
+92-322-400-9967
eMail: LRE786@GMail.com

http://www.LahoreRealEstate.com/

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i am very much afraid with future of statlife phase2
still no NOC from cantt. or ant other reliable authority .just aproposed plan from last 2 year. development charges are no so high aproximately Rs 12 lakh/ kannal how they will able to develop this society which plot is traded as low as Rs 9 laks /kannal . no member is ready to trust them and ready to pay in the name of additional development charges

1-k plot ,& 1 office for sale

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office is in jeff heights gulberg main bouleward next to hafeez center,it is with mini kitchen and a washroom.demand 4200000 andnew bookings are from 6 million rupess..its a throw away price.

the plot is 3 to 4 minutes drive from d-h-a phase-4 & 5 very excellent location.

contact:,.

DHA COMMERCIAL AVENUE- SHOP

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A SALAM-O-ALAKOM I NEED SOME INFORMATION ABOUT THE DHA COMMERCIAL AVENUE IN ISLAMABAD PLEASE WILL ANY ONE LET ME KNOW ABOUT THIS PLACE AND IS IT GOOD TO APPLY FOR SHOP IN THIS SCHEME.

NAVAL ANCHORAGE ISB

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HI Can you plz provide any update about Naval Anchorage. and what is price in E block 1K plot.is it part of DHA now or standalone.

second if possible can any one suggest about DHA commercal plots which they annonce in DHA Valley.about its future........

Worried about Dubai

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Emmar and other realesate Companies as well as their Finacier like Amlak etc are in worst Crisis, and their Prices are lowest ever, abut 70% loss in 10 Moths. Almost one Months back Ruler of Dubai issued a Decree that Emmar can buy back its share as much as they want, They put a big news in Gulf news that Emmar plans to buy back its shares as it was Grossly undervalued [Sometime in Sept], Inspite of that all price is coming Down, what does it means Emaar is Cash stripped? and is unable to buy back??
Mashreq bank have heavily invested in Emaar, few weeks Bank they issued a bank offering Linked to Emmar share.
The Condition was You Fix 1/2 Million in Mashreq bank and keep it for 3 Months Bank will give you 10% profit if Value of Emmar share is same or more after 3 Months. Otherwise Bank will give you Emmar shares in place of cash, Ever since offer came Emmar share has gone down 40%, I Did not invest but now I think it was an effort of Meshreq Bank to offLoad its huge Sharres of Emmar. Will other experts/insiders of DFM shed Light
Why i am taking of Emmar it is heart of DFM and life line of all realestate of Dubai. Realestae, mortgage Companies and Banks make about 95% of DFM and all there are badly linked. As I pointed few moths earlier [having discussion with safwan etc] that investors of Dubai and Ajman realestae will be able to bring Back only 1/3 of their Capital to pakistan and 2/3 will be lost in this crisis, Now the things 100% proving themselves

Request for Overseas

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request for all overseas pakistani

***to please send your dollars through such means that tehy reach pak

***do not save few dollars and send via illegal means as they donot come here and dollars aready held by money changers are delivered to

***sacrifice a bit to strenghten ur country atleast donot let us ZERO-00

Lahore Real Estate Market Pulse Nov PM

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DHA Lahore Phase 5 . Allocation 1 Kanal seller at 41 Lacs

DHA Lahore Phase 5 Extension. Allocation: Buyer(s) at 29.25 Sellers(s) at 29.50 lacs

DHA Lahore Phase 6 Allocation: Sellers(s) at 44.00 Lacs

DHA Lahore Phase 7 Allocation: Sellers(s) at 23.50 Lacs

DHA Lahore Phase 8 Allocation: Buyer(s) at 36.80 Seller(s) at 36.85 Lacs

DHA Lahore Phase 9/10 Allocation: Buyer(s) at 15.15 Seller(s) at 15.20


Parkview-DHA-8 Lahore 1 kanal allocation OPEN file Buyer(s) at 31.50 Seller(s) at 31.55 Lacs

Parkview-DHA-8 Lahore 1 kanal allocation Transfer file Buyer(s) at 31.80 Seller(s) at 31.85


Parkview-DHA-8 10 Marla allocation Buyer(s) at 22.05 Seller(s)at 22.20 Lacs.

Bahria Lahore Sector C 10 marla 2 Paid at 1.81 Lacs
Bahria Lahore Sector C 10 marla 3 Paid at 2.36 Lacs


Bahria Town Rawalpindi Phase 9 10 marla 3 paid file buyers at 1.79 lacs sellers at 1.81 lacs

Bahria Town Rawalpindi Phase 9 10 marla 2 paid file buyers at 1.298 lacs sellers at 1.31 lacs

Profit Awami Villas Rawalpindi Standard = 28000 or Less
Profit Awami Villas Rawalpindi Premier = 25000 or Less
Profit Awami Villas Lahore Standard = 70000 or Less
Profit Awami Villas Lahore Premier = 60000


DHA Islamabad Phase 2 Extension 1 kanal allocation file 9.35 Lacs.

DHA Lahore Phase 5 plots 67 lacs to 120 Lacs

DHA Lahore Phase 6 plots 43 lacs to 70 Lacs

DHA Lahore Phase 7 plots 28 lacs to 50 Lacs

DHA phase 8 Parkview and Air Avenue plots 56 lacs to 90 Lacs.


DHA 8 Air Avenue Lahore
10 Marla 35 to 50
20 Marla 60 to 78
40 Marla 125 to 140

DHA 8 Park View Lahore
10 Marla 33 to 38 Plus Dev Charges
20 Marla 55 to 75
40 Marla 95 to 135

Latest Maps From Lahore Real Estate


DHA Islamabad Phase 2 Ext Detailed Rates

A B C D block file cost about 17.00 To 19 lacs
E F G H block file cost about 14 To 16 lacs
J H K block file cost about 12 To 14.50 lacs
P Q R S T block file cost about 9.70 TO 11.00 lacs

These are going rates of BT ph 8 pindi

Bahria Towm Rawalpindi Phase 8 10 Marla 3.10 Lacs plus 4.95 Lacs as development charges

Bahria Towm Rawalpindi Phase 8 1 Kanal 8 to 9.50 Lacs plus 6.50 Lacs as development charges


*** Always deal with Registered/Authorized Dealers only ***

Rates you can trust provided by:

Ch. Mujahid Yasin (CMY)
Lahore Real Estate
Registered/Authorized Dealer (DHA, EMAAR, Bahria Town, Urban Developers, etc.)
+92-300-400-9967
+92-322-400-9967
eMail: LRE786@GMail.com

http://www.LahoreRealEstate.com/

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Wednesday, November 12, 2008
By Faryal Najeeb

KARACHI: As property markets in the United Arab Emirates (UAE) face a critical slump, local investors are turning away from the Arab country and are starting to look towards Pakistan, Malaysia and Turkey.

Experts in the field say all the investment money that had flown out of the country towards Dubai and other emirates is now coming back.

“Ajman is completely dead, whereas Dubai, which had 13 per cent of Pakistani investors’ money in the real estate sector, is left grappling with eight per cent,” stated Munir Sultan, Senior Vice-Chairman of the Federation of Pakistan Chambers of Commerce and Industry Sub-committee on Housing and Construction.

“The UAE has injected about $40 billion for lending purposes, and mortgage lender Amlak has had to be merged owing to fears of bankruptcy,” said Sultan. He explained that Pakistanis had booked properties in Dubai and Ajman to make a profit, but eventually discovered that they had incurred a loss after being swindled by several middlemen.

“There were no builders, and of course, a structure cannot stand on its own without one.”

He revealed the UAE market had declined by 21 per cent. According to him, local investors who had invested in the Arab country were mostly those who had dipped one hand in shares of the local stock exchange, and the other in UAE real estate.

“Since both have been hit hard at the same time, these investors are feeling the pain. It’s disastrous for Pakistani investors.” Sultan further said the reason for the downtrend is an imbalance between the demand and supply in the UAE real estate market. He expatiated the rapid pace of construction in Dubai had led to saturation in the market.

The population level did not match the supply in the market, and eventually led to demand being next to nil. By way of example, Sultan pointed out that when the concept of freehold was introduced in Dubai, the pioneer one-unit villa projects had cost 1.5 million dirhams and reached as high as Dhs3.5 million during the peak of business. Today, the same projects cost Dhs2.8 million per villa.

He said however, not all is bleak for the local Pakistani investors who can now turn to both Pakistan and Malaysia. Malaysia remains the preferred alternative, as its currency is the closest to UAE dirham in terms of the exchange rate.

Malaysia also has international buyers, a strong tourism industry, cheap labour, and freehold properties. ‘Malaysia- My second home’ is a government-owned scheme that has charm for Pakistani investors, particularly in light of how Dubai changed its visa policy and dropped the permanent residency clause for foreigners. Nevertheless, Sultan commented Malaysia has lower profit margins compared to the UAE and even Pakistan. “Malaysia is a tourist-based country,” said he. “Its population is much higher than the UAE, but the real estate sector has not been attractive in the past two years. The stagnant market has turned off investors, whose aim is to maximise investments and earn profits.

Sultan believes that with Malaysia, it is not likely that investors will be able to gain profits any time soon. Yet another country, Pakistani investors had look, was Turkey, but he said that here, too, low profits have discouraged them. “They (investors) have returned to the pavilion,” he remarked. Sultan added that there the local market was buzzing with the positive vibes of a ‘buying market’, and that the response to new projects had so far been good.

“All those rumours about banks being defaulted and the freezing of lockers had a good effect on real estate, if nowhere else,” he said. “People took out their money in bulk, and when they did not know what to do with all the cash, they invested in properties. Normally, we have builders launching projects during Eid, and this season, we witnessed a large number of projects than usual.” As the cost of building material edges down, so the cost of construction, according to Sultan, encourages new projects. He predicted the real estate market will have stabilised by 2010. “However, the next ten days are crucial,” warned Sultan. “Dubai is expected to slide down by a further 17 to 18 per cent.”

SCOPE OF STATE LIFE 2 AND DEVELOPMENT STATUS

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Dear All, AoA

Can anyone give the comment on the subject. I shall be thankful.

Talabgaar

Riches to Rags

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DFM Duabi Finacial market is seeing worst Crisis in History,
Emmar Share has Fallen below 3.5 which was 16 exactly 11 Months back and stated more than 10 many years. This is burst of Dubai property bubble, But other Companies which has no connection with realesate Like Tele Com , Air arabia etc are also low.
My question is to experts if Emmar share falls to this level what effects it causes on Company's Plans. One thing I understand that it cant collect money for Coming Projects by Public offerings [new shares] what else happens to Company if it crashes in Stock market,
Can Experts shed light on it, quoting examples.

Local Real Estate Revives as UAE market spirals down

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Local Real Estate Revives as UAE market spirals down

Daily The News : November 12, 2008

As property markets in the UAE face a critical slump, local investors are turning away from the Arab countries and are starting to look towards Pakistan, Malaysia and Turkey


Brother CMY was absolutly right when he forecasted the condition of UAE market couple of months back

Allah Hafiz

DHAI 10 Merla Corner Plot for Sale

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10 Merla corner plot in Defence Phase II (proper for sale) for sale. Very close to Islamabad Highway. Ideal for constucting home for self. Only serious buyers contact immediately.

One Kanal for sale in EME Society

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Exchange with 32 marala with extra price adjustment is also possible. Area of plot is more than one Kanal. Thanks

Future of NFC Phase 2

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Dear CMY
I will be grateful if U inform us about your opinion for the future of NFC Phase 2. I have two plots. How much time i required for its development. Or advise me for better option if available. I have paid only one installement for development. When this society will be developed. Thanks a lot in advance.

Estimating construction liability loss

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If inflation in cement prices is a good indicator of pre-paid construction liablities, cement prices n Pakistan increased by more then 50% in last year alone. (Price of 50 kg back jumped from Rs245 to Rs. 385 in a year). I am not sure how DHA lahore hedges its risks, but it essentially means the cost of developing areas such as Phase 7 has increased by atleast 50%. This means that investors in DHA 9/10 phases may end up covering DHA phase 7 construction costs.

Available for Rent

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Available for Rent
10 Marla House, Muzzafar Design is available for rent in Askari 9, Zarar Shaheed Road, Lahore Cantt. 3 Bed all with attached baths, TV lounge, large terrace, large drawing/dining, spacious kitchen, servant room, garden, parking. Safe secure community, 24 hours security. All rooms are spacious. Shops and mosque within walking distance. Please contact: Faisal Estate, , , , Email:
Owner is asking for best offer.

ROTI- KAPRA--DHA plot

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DHA-valley or ext-2 is the first step to give mukaan to all pakistani out of the people selected roti-kapra-mukaan goverment

AM SAD TODAY

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*** people study medical education here because it is cheap here,then they left the country to go and setteld abroad they have study on poor man taxes

***people came here for tratment like dental,transplant,cardiac as it is cheap here

***people take wheat (ATTA) form poor man mouth and smuggle it out

why they are making us ZERO-00