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what is Future of state life 2,

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   Jameel
Tuesday, October 28, 2008 01:04 PM 
Reply: >
They have some land but they still they Could get their Map approved by LDA, The approval of map at least Gurantee that Land is legally with Society, Now If they acted very slow soon the develoment chages they have collected will be good for nothing, or will be used up fixing other issues,
Now if even DHA takes over they will impose Hefty development charges may be more than their own DHA Plot, reason is if They Give Plot for Plot and spend all the money in development why they will take all that headache.
Pardesi, Jeddah replied on Wednesday, October 29, 2008 08:36 AM 

Owing to its very good location & no fraud news about the society's administration todate (at least to my knowledge) it is still a good investment if someone entered into it at low prices, especially, as compared to other societites which stand their plus points as: distance from Thokar, ring road, airport, motorway, etc.; exit time though uncertain.

Upside: Charges of development at DHA standards can be recovered from the market; with the possibility of DHA taking it over, it will improve its rates.
Down side: Slow development pace if it remains with State Life.
Waheed Malik replied on Wednesday, October 29, 2008 12:56 PM 

Dear Jameel
Looking at the location of SL Phase II, I once again mentioned here that it is engulfed by DHA 9/10 land. What do you think, DHA will have to provide links between its Phases through IV and V, otherwise link would be all around behind the Phase V through Phase VII. If at all DHA wouldnt take it over, link roads would have to be made by DHA for connectivity and accesses.
Waheed Malik
Jameel replied on Wednesday, October 29, 2008 07:35 PM 

I guess I could not Claer in my post Above, I wnated to Compare price of DHA 9,10 with Statelife,
Even if it will be taken over by DHA still it is not a good deal as both will have to pay same development Charges, Their price is almost same now. DHA will do some Map chages and more atractive areas will be converted to Commercial or be given to Buliders [see the example of Parkview], The affectees may be relocated to other areas. Why to go to uncertanity saving 2 Lac and why not to buy directly 9,10,
If there is no merger with DHA even then Statelife 2 will be great loser, they have no power to get map approved, and later to clear pockets etc, Neither they have money to complete development.
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