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Lahore Real Estate Market Pulse Nov 7 2008 9.10 PM,

(49124)
Friday, November 7, 2008 03:33 PM 

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

DHA Lahore Phase 5 Extension. Allocation: Buyer(s) at 29 Sellers(s) at 29.05 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 37.10 Seller(s) at 37.20 Lacs

DHA Lahore Phase 9/10 Allocation: Buyer(s) at 15 Seller(s) at 15.05


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 22.15 Seller(s)at 22.20 Lacs.

Bahria Lahore Sector C 10 marla 2 Paid at 1.80 Lacs
Bahria Lahore Sector C 10 marla 3 Paid at 2.35 Lacs


Bahria Town Rawalpindi Phase 9 10 marla 3 paid file buyers at 1.78 lacs sellers at 1.80 lacs

Bahria Town Rawalpindi Phase 9 10 marla 2 paid file buyers at 1.28 lacs sellers at 1.30 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 9.15 TO 10 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/

arsalan replied on Friday, November 7, 2008 03:54 PM 

Thank God I didn't invest in DHA Phase 7 two years ago :)

alpha replied on Friday, November 7, 2008 04:05 PM 

Dear Arsalan Sahab
AoA
Since 2007, DHA Lahore Phase 7 prices have bore the systematic Pakistani real estate market risk (beta of 1). I am not sure if you would have done better then phase 7 DHA investment, if you had invested in any other 7 -10 year real estate investment in Pakistan in 2007. However, there are always investors who have information/market access advantage over typical passive investors.
regards

Mazhar replied on Friday, November 7, 2008 04:13 PM 

Despite losses and extremely bad market DHA phase 8 Parkview 10 marla files have gained nearly 20% in last six months. Parkview kanal files have not lost. All other DHA plots, files and almost all other societies are down considerably.

arsalan replied on Friday, November 7, 2008 04:37 PM 

alpha may be my words were a bit harsh but I am extreamly stunned to see the price range from 28 to 50 lac. That was the level exactly 2 years from now and as far as investing is concerned, ALLAH TALA Ka bohat shukar hai that my investment from then has doubled in value. I was looking to invest 7.2 million rupees and where I invested has doubled in this time period and has not gone down in todays market.

alpha replied on Friday, November 7, 2008 04:57 PM 

Dear Mazhar Sahab,
AOA
DHA Parkview pre-balloted files are a different class of investment then from Phase 7 post-balloted plots, from time-to-maturity and risk (risk that was there in 2007) point of view. There returns have been higher. Arsalan Sahab, congragulations!

regards

arsalan replied on Friday, November 7, 2008 06:30 PM 

Thank you alpha sahib

Jameel replied on Friday, November 7, 2008 06:54 PM 

It is almost lowest level of DHA 7 Plots in last many year, same rate came abut 2 ys Back when Market was lowest and phase 8 File was sold as low as 28,29. Phase 7 at this time is surest and much undervalued product,
I dont know where arsalan Doubled his money in last 2 years. If it is Park view File there is reason of DHA take over, which at that time was a bet only. Parkview files can lose the price if One of the following things happen
If they are not Balloteed for Long time
Their location is acroess the Barki road near BRB,
Or their Developmet Charges are too much, Take the Example of DHA 7 in which File was 35 lac 3 Months before Ballot, And Now you are getting sure locatin average plot, with development underway in 24+9 lac Like, Like 11,12 Lac saving in 2 years. DHA 7 Location was not unexpected, same thing can happen in Parkview File as well.

arsalan replied on Friday, November 7, 2008 07:01 PM 

Bahria Town Sector C Commercial

Usman replied on Saturday, November 8, 2008 03:59 PM 

Dear CMY
The rates u provided for DHAI phase 2 extension based on Blocks is something confusing... as we dont have map and balloting stiil needs to be done... Can u plzz explain this...
Regards
Usman
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