Lahore Real Estate Forum

                                                          
 
Back to Forum |

Update of Dispute,

(103529)
Monday, June 27, 2016 01:46 PM 

An Update of Dispute I shared with Forum

The deal was Finalized in 150 with intermediation of some VIP, The Point was Max Price estimation moved to almost 160 for That Location, [3rd line From Main in U Block] It was exactly Mid of 140 and 160 and win win situation for Both Parties, at the Time of Transfer when Biana will be Nullified I will share with you at what price investor picked the plot.

For reference Old Post is below

Thursday, June 23, 2016 04:10 PM PST Reply: >


Cash deals
When market is moving fast Like Now a days in Phase 7 I will advise the buyers to go for only cash deals and don't ask time if you have ready Cash,

One Of My friend is in Pakistan and was Happy that he got a good deal in U Block Upper Lines in 140, I don't know what Convinced him to ask for 3 weeks time when he had ready cash. Few days before the transfer time his dealer called him that deal is not possible and he can take his token, He is startled the dealer is very reputed [ I will not name],
Hidden game is Plot was on Biana with some very Crooked dealer, As he is "not liable for any litigation" he completely backed out and was asking 152 Lac.
When deal is direct which is rare seller is liable if he signed the token. If seller backs out you can complain in office/ Court and take stay order not to transfer the plot, Though this is usually not fruitful but at least you can tease seller. But if you dealt with another person in the chain in Token you cant use this tool to pressurize seller to give you plot in agreed price.
I Told him to do quick survey of market if some bargain can be done he should take same plot as it is 2 lines back of main road.
NDC was ready had he transferred the plot in one week this problem would not arise as 140 was high price at that
>