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Lahore Real Estate Forum: Property News & Community Talk : ,

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   manan
Monday, July 4, 2016 09:48 PM 
Reply: >
Dha multan official website showing 45lac rate
Ehsan® replied on Monday, July 4, 2016 10:06 PM 

YES, But on LRE site, rate is not going up.
CMY replied on Tuesday, July 5, 2016 03:00 AM 

You can buy a dozen files from LRE at 41.75 and sell those to DHA Multan at 45 lacs and have a very good Eid for family.
MALIK® replied on Tuesday, July 5, 2016 03:02 AM 

Lolzz
CMY replied on Tuesday, July 5, 2016 04:57 AM 

No one loves and advocated DHA Multan more than me during past one year. I too want to see its price at 45 lacs like DHA Multan that must wants this minimal price of installment files just before launching of installment files. But DHA Multan 1 kanal allocation is available in open market 40.50 Lacs and 1 kanal affidavit is available at only 41.50 lacs. Just posting higher than actual going market rates does not look good at all and actually shows desperate attempt to keep price artificially higher gor land file until installments files launch . In these days of social media a market price can't be hidden for few hours. LRE or no LRE fact is a fact. Buyer are way too smart and find out actual trade able price in minutes. This is reason we only post actual going rates. Just posting higher rate on official website wont take file rate up for ever. This practice is hurting credibility of a very best and my favorite DHA Multan team so I wanna help and request to avoid this trick in future.

My personal request to DHA Multan not to be afraid of current lower land file market price before launching. My strong request and advise to launch DHA Multan asap with out any further wait. More wait you will find lower land files rates than today even if all new affidavit are halted temporally in support of higher prices before launch of installment plots. We cant stop allocation holders from selling thier allocations in falling market. Time is now critical. If possible run ads on Eid holidays asap. Launch price should be min 62.5 lacs for 1 kanal. 38 lacs for 10 Marla. It will be guaranteed booked heavily at that price. Trust me people are waiting in 1000s to book. Keep plots numbers lower in this first phase to have good own on installment plots. In future phases you can always book higher number of plots. People will book more in larger numbers in future only if able to see own on this launch. People trust DHA name and will heavily book. In three years cash land files will be at min 80 Lac. Who won't be happy to pay for 1 kanal in installments in 3 Years time at 62.5 lacs in DHA Multan phase 1?


Also strongly suggested upto 50 land files must be bought from market at current rate of 41.50 lacs to bring an actual market rate at 45 Lacs. If I was in control 8 would immidaitly do it. 1 to 1.5 crore to support DHA Multan land file is not a bad deal. (DHA will bare average 2 lacs or less expense to bring lanf files price up before actual launch. DHA will earn many crore in installments bookings extra applications in land files are actually trading higher than today and can sell these files at profit near about 50 lacs price even before installments files ballot :)


One last request announce in ads installment plots will be transferable in Lahore Karachi Islamabad and Multan and on just due paid installments and even on booking amount in first 90 days.
Jameel Mughal® replied on Tuesday, July 5, 2016 06:37 AM 

CMY I am not stake Holder in DHA Multan hence many may not like my honest opinion, No to release Affidavit files can be two issue either to Slow down the supply in Market as they Know Market can crash once supply is there [Unfair Tactics] And second can be difficulty in tingeing clearance at Land Dept Level, You Know DHA Multan is New, Land issues are very Litigational Family tree based [Malik So so Hisa 1/142] People were holder of Land for Hundreds of years and Land still in Name of their Forefathers, these all issues will take time to Settle.
MALIK28® replied on Tuesday, July 5, 2016 07:05 AM 

Dear Jamil sb
Iam an apt fan of ur candid opinion on realestate issues, but just wana differ a bit.
1. DHA Multan is a reality now. Small hickups here n there wont stop the gain for which its destined. No need to repeat wat r the rates in its surrounding areas in multan.
2. Are there no legal issues inPH 7, 8 and 9??? Did the price gain stopped for these. Didnt they rise n rise very well?
Just humble submissions.
CMY replied on Tuesday, July 5, 2016 07:27 AM 

Dha Multan have more land that is needed in phase 1. Very large land holders. Mostly Garadazi family .

Its only new team that will learn marketing dynamics with time.
BK replied on Tuesday, July 5, 2016 10:52 AM 

I know the acquired area very well, and know many farmers personally who gave 2000+ acres of area to DHA. the boundary wall demarcation was done many months back and the wall has been started now.
the Mati-tal gate was given by Dharalas - who alone sold 10 Murabba = 250 acres to investors.
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