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no ballotting for DHA8,

(51389)
Saturday, February 7, 2009 10:58 AM 

dear readers

there was a hot news that dha8 ballotting will be in end feb09,spread by some dealers(not CMY) and investor mafia.

after a lot of effort its known from dha lahore senior executive that dha has no plans for the ballotting of dha 8 in near future ,no ballotting in 2009,
rather dha is focusing on the development of phase 7 and acquring the land for dha8 and park view,
remember theres is a big number of people having PV files ,the previous management issued files in significant excess ,though they didnt have sufficient land ,and dha took that over.dha earned a lot of money by transferring these files but bow they are in problem to accomodate all the file holders whereas they dont have enough land for their own schem -dha8.
in the nutshell -2009 is the year 2 acquire the land for phase 8 and PV ,ballotting may be in the end of 2010,
B CAREFUL B4 U DECIDE TO BUY N BLOCK UR MONEY

Malik replied on Saturday, February 7, 2009 04:12 PM 

Thanks to update the people.
Is it in LHR or Islam abad

LODHAI FROM KSA replied on Saturday, February 7, 2009 06:32 PM 

Any solid sources? Anybody can writes anything.

Pardesi replied on Sunday, February 8, 2009 06:43 AM 

Dear faithful

If it has come from a reliable source, means DHA passes inside information....; not been able to understand if the later details are also from DHA or ur own views as these contradict DHA's interest.

I tend to disagree "focusing DHA 7...." as there is no way DHA 7 can benefit without developing Phases 6&8. I wonder if DHA is so emotionally associated to DHA 7 (probably because of its distance/ indirect approach; huge strip of plots near BRB) while it is discouraged to develop 6&8.

Plz give us ur contact for further details.

Junaid replied on Sunday, February 8, 2009 06:45 AM 

In his first ever post faithful claiims to know everything. i think he is working for some investor who wants to panic people so that theye can gain from it. Hold tight guys. Inshallah balloting will be held soon.

Junaid

Fahad Zahid replied on Sunday, February 8, 2009 07:57 AM 

brothers this is proof enough that this ballot was suppose to be held in Dec 2007 and it is now 2009.

Junaid replied on Sunday, February 8, 2009 09:07 AM 

DHA has never given any time tbale for balloting. Dont you think the previous ballots in 2008 are proof enough that DHA will be holding the balloting for Parkview.

Habib replied on Sunday, February 8, 2009 09:57 AM 

really no one Knows the real date of ballot, but I dont know any post of "Mr investor" who Claim to have some insight of DHA

Azad replied on Sunday, February 8, 2009 11:48 AM 

Developers need to give a timeline to plot buyers of when each phase will be balloted and when possession will be given. Then they need to stick to these commitments. This move would create creditability of the developers and increase market confidence. Developers need to work with all their stakeholders. Absence of information creates uncertainity and panic in the market. Every few months someone comes along and says that he has instead information that balloting will be held in a few months and then nothing happens. The only reason that they would not give date of balloting would be if they did not have sufficient land to accomodate all the plots sold.
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