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DHA phase 7 is now the best developed phase in entire DHA Lahore.",

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   Curious
Sunday, July 26, 2009 08:42 PM 
Reply: >
dear mr cmy
I refer to your statement on the 25 july in post no. 43990 which states.

"It is FACT now DHA Lahore phase 7 is now looking a lot more beutifull than DHA Lahore phase 6. DHA phase 7 is now the best developed phase in entire DHA Lahore."

I think you ought to be more specific and state your reasons for making such a bold statement because it has been a common perception for quite a long time that phase 7 is going to be the worst phases of entire dha Lahore may be because of its location. Hence the prices reflect that perception. I think you need to back up your statement with detailed analysis and with some facts and figuers. Your hard work and help to buyers and sellers is alway appreciated.
CMY replied on Monday, July 27, 2009 05:43 AM 

I said DHA Lahore phase 7 is now BEST DEVELOPED phase in entire DHA Lahore. I didn't say its best located or most populated and best place to live etc. I just said the blocks that are ON GROUND now look far batter than DHA and 8.

Roads are min 50 feet. Many large roads of 70 feet 100 feet and 150 feet. Storm drain on each large road. Other than DHA 6 no phase has that. All utilities under ground( Only DHA 5 6 and 8 have utilities under ground. DHA 7 has best light poles design and most developed blocks now have poles installed in them. DHA 6 only have 10 % light poles installed.
Shahzad replied on Monday, July 27, 2009 05:55 AM 

I Would never understand how these predictions go ... When Phase 6 was going to be given posession it was all said its best to invest here etc etc ... even park view file created a hype on this site.. balloting going to be done .. I Agree... it depends on DHA about balloting and phase 6,7 are good.... BUT WHY DONT THE PRICES REFLECT THE PREDICTION ???

Phase 7 if is the the best developed then prices should rise... but its continously GOING DOWN .. Property overall is decreasing thats a fact but if there is development going on then the prices are ought to go up ... there is a continous fall of prices then whats the point ???
fourvoyagers replied on Monday, July 27, 2009 06:09 AM 

Assalam-O-Aalikum,

Just until recently, Phase 7 was being frowned upon as a Bastard Child, but now it seems to have been "Baptized & Adopted" by most of the uptown dealers to make some quick bucks out of the sluggish market.
CMY replied on Monday, July 27, 2009 07:14 AM 

Shehzad sahib how many deals you did in DHA 6 with me to benefit me? Did you buy a Parkview file from me or bought my file? NONE
I don't care when a ballot is held. I am just buying and selling these file for my clients.Ballot could help prices and ballot could hurt the price deeply by having access files. Have you or any other visitor here had courage to ask DHA 8 ballot was announced in Dec 2006 and why its not held yet? 99 % people don't ask these questions to developers.


If one don't understand DHA 7 is a good buy at 26 30 or 35 lacs including development charges for on ground existing plots that could have possession this year than he is not serious to do any property investment wisly.

I thaught my duty here was to inform visitor current best opertunity exist in this phase or that scheme. I dont need to promote or adopt any thing. Why I am not promoting DHA Parkview at 23.25 lacs? Because now I am not sure when its ballot will be held and where the land will fall. Punjab Govt was not asking for 40 billions Rs for DHA 8 land from DHA before few months. Sitaions change with time. We have to change too and adjest our investments too.


fourvoyagers you fail to say at the time DHA 7 Y and Z was frowned upon as Bastered child it had no development. Now its blocks R S T U Q are 90% complete. I will still say DHA 7 Y Z blocks are the worst loacation and DHA 9-10 is far better than these two blocks.

From now on I will keep my thought to my self only and and will only inform the actail serios buyers/ sellers on phone only what is best choice for them. This way I wont be blamed for all the wrongs in market. I will post only current going rates etc. I don't want to get in more trouble to tell you about bad investments and get blamed for fallen prices and inability of developers to keep their promises. I am sorry I don't have free time to waist here in useless arguments. I could use that time to update rates more frequently.

Ch Mujahid Yasin ( CMY )

0322-4009967
Abdul Razzaq - Riyadh replied on Monday, July 27, 2009 08:18 AM 

CMY Sahib,
You did lot of hard work in the past, you are doing great job at present and I request you continue posting your valuable comments in the future. It is very common we always blame others for our own mistakes. Your hardwork is alway apprecaited.
Azad K replied on Monday, July 27, 2009 09:04 AM 

The reason that prices don't rise now is simply due to law of supply and demand. The number of buyers has dried up, as a result genuine owners are fine but the speculators and gamblers are now stuck...the ones that want to be rich overnight. Only genuine buyers will now move the market. Property business has cycles. A few good years and a few not so good years. Property prices cannot rise all the time as otherwise no one will be able to afford to buy it, as prices will rise faster than their earnings. I think until world economic growth resumes or people start building houses in these new sectors and a fair amount of the area is populated don't expect the prices to rise. Both of these things will take some time.
Habib replied on Monday, July 27, 2009 09:19 AM 

Dear CMY you are doing your job like a professional, no need to get hurt by few frustated people. You are giving true picture of market people use their wisdom and they have options. When they find their investments are not growing as per their expectations they are frustated.
Dear Shehzad and fourvoyagers people can disagree on speculations but ground realities which can be seen cant be refuted, soon people will get developed plots out of DHA 7, from next year Builders will be attracted and then onwards it will start populating like happened before. In reaestate market property gains price on two occassions firstly when speculative buying is going on, 2ndly when property truly becomes worh living. 2nd type of gain is most sure and prevails in all type of market situations, Like how bad market may be but you can never buy a 10 merla Plot in Johar town in 10 lac, or it was not available even 15 years back in Faisal Town.
CMY is dealer he might intend to attract few more buyers in dull market but his advice about DHA 7 is right.
warlord replied on Monday, July 27, 2009 09:26 AM 

Well this forum is to share views and thoughts with good argument .We can all be right or wrong .I bought a plot in phase 6 at 47 lacs in 2003 people said i was a fool ..........in 2005 feburary i was offered 1 corore 15 lacs for it...... people started saying wowwwwwww what an intelligent investment i had made .........
People like CMY only give their views and thoughts they can be rigth or wrong no one is forcing u to belive some thing just sharing info and personal opinions........ One should not get personal with CMY he has shared so many news whihc otherwise would have not reached us ...........if people stop buying parkview and buy phase 7 what benefit can it give to CMY.....Fact of matter is those who talk here are not real buyers or sellers cause real buyer or seller will be in market doin survey not sitting on net........ this forum cannot decrease or increase price or change facts on ground...how ever with information provided here you can judge and make intelligent decesions.........CMY is providing as with a place to share info and he is kind enough to allow us to critise him on his site........All you loosers should make your own site provide property rates update and then criticise other specially CMY.......i my self never liked CMY advocating bahria but difference of opinion should be expressed in a humble way .........CMY sahib donot get upset its hot and humid day in lahore ....have vanilla shake :P and chill you have been doing great job and we look for your opinions and inside news and market rumours.. those who donot like it should not come on this site .......
Arfan replied on Monday, July 27, 2009 10:00 AM 

I appreciate the efforts of this web site and especially CMY for public at large. May God bless him. I strongly request visitors avoid writing against the sponsors in their own interest.
Azad K replied on Monday, July 27, 2009 10:18 AM 

I think people should be free to express their opinions. Everyone has their own opinions and it may be biased however each one of us has to do our own homework and not just to rely upon someone else before making a decision. Agents generally have to be positive about the market in order to get us to buy plots but we should be cautious and base our decisions on the facts rather than someone elses opinion. Its our money and at the end of the day its our decsion as to where we spend it. Its people own greed and impatience that normally gets the better of them. Property is a long term investment, people please remember. I would request that people here give the facts when giving advise to and distinguish their opinions from the facts. Sometimes they make their opinions out to be facts.
SHANI-JEDDAH replied on Monday, July 27, 2009 11:27 AM 

People, we never thought about property business. They got knowledge through this valuable site. Sitting far far away from my home, If I close my eyes, I can see complete Lahore.Discussions, Rates, Societies, Ariel view, Future view and much much more.

There were always negative remarks posted and we requested thousand time to stop such negative line. But today it effected on sponsor of this page which is really very bad. At this stage I'll Request Mr. CMY, if one or two are bad please don't think all are bad. We are with you all the time. We are your hidden friends.
Junaid replied on Monday, July 27, 2009 12:21 PM 

Dear CMY,

You are doing a good job providing valuable information specially to overseas pakistanis for free. Please go over your post (Market rate update 25 July 2009)in which you said hurry up and buy plots in DHA 6 and 7 as there are very few left. THIS IS BY ALL MEANS A STRONG RECOMMENDATION. People have invested on these recommendations over the period of years and have taken the hit. It is very easy for you to wake up one day and say "oh things have changed and now there are other options you should pursue and the ones you have a piece of trash" You being an experienced estate agent know how difficult is it to do property transactions from overseas. You have been giving psoitive recommendations for Parkview all along even until a month back and then al of a sudden you took a 180 degree turn and said parkview is not a good investement.

I am not saying that you are doing al this for yourself but I would recommend that if you dont have the correct market information, please do not make such STRONG RECOMMENDATIONS. I did not buy a single plot from you but have bought plot son your recommendation.

Please don't be angry now when people are confrontng you, be patient and accept that your predictions were not based om material facts rather they were just your gutt feel; wich costed people millions.

Also, I did ask DHA about the land alloation and they said that land for parkview will be alloted in Parkview area but they did not give a date for balloting. Some 312233 replied that here are 2000 files and parkview doesnt have 2000 kanals of land, in his haste to prove that land will not be allocated in parkview he forgot that there are more 10 marla plots than 1 kanal, as per DHA there is enough land to be alloted against parkview files.

I tink its time that the real estate market should be regulated by the Government and DHA be also put on a leash and punished for playing games and making peple lose money. i would also say that we the affectees should write to the chief justce and the relevant Ministry to fix DHA. Legal proceedings can also be taken up against DHA for annoucing the ballot in 2006 and then not doing it.
PROGRESS replied on Monday, July 27, 2009 01:06 PM 

I'm not a property dealer. But blamed lot of time after posting my add. Its a part of life. Being dealing with public, you should have a brave heart. Don't be panic and keep on trying at least lot of people took benefit from your kind services.
Jameel replied on Monday, July 27, 2009 01:23 PM 

CMY is doing good Job, but to take overall view, pls also pay attention to silent voices of Critics, To me negative information is whole lot more important, than all good.
i had been warning for last 3 years. But Now I think CMY is right relatively under priced mature properties will gain in couple of years time scale.
salman replied on Monday, July 27, 2009 01:52 PM 

Dear CMY,

CHALOO AUB MAAN BHI JAOO.....KUB TUK TOOTHEY RAHOO GEY
Azad K replied on Monday, July 27, 2009 06:43 PM 

I would choose my words very carefully when advising people to depart with their money.

Basically you are saying that in Phase 6 the lowest priced plots are selling although you still have some to sell. You expect prices to rise over the next few weeks.(what will have happened in a few weeks to make prices increase? Is there any new information that will lead to higher prices that is not already reflected in the price by the market?)

Saying plots will cost more is like stating a fact however it is your opinion and you must state that you think or expect prices to rise.

Also stating that DHA will give possession of blocks R S T U Q is making a statement rather than giving an opinion. Until DHA have confirmed this, it is your opinion and you must state that you think or expect possession to be offered and what exactly does "soon" mean....is it 1 week or 1 year?

Just by adding you "think" before you state your opinion makes a big difference.

Sorry CMY you are doing a good job and are a pioneer in internet real estate in Pakistan however I am making this suggestions to help you and the other users.


Market Alert: A lot of buying was seen in DHA 6 last week. Most low price plots in DHA 6 have disapeared. Now some buying have started in DHA phase 7 developed area plots. We still have couple of great deals but I expect them to disapear too in next two to 3 days. Plot like this deal of the day U 793 @ 26 lacs wont stay in market for too long now. Please note this is a under development area plot.

It is strongly recomended to freinds of this web site that you complete your purchases in this week in DHA 6 and 7 or plots in these two phases will cost you a lot more after next few weeks. We are seeing many real buyers that are looking for plots in DHA 6 and 7 developed blocks to make their houses. It is FACT now DHA Lahore phase 7 is now
looking a lot more beutifll than DHA Lahore phase 6. DHA phase 7 is now the best developed phase in entire DHA Lahore. DHA Lahore will insa Allah soon announce possession for R S T U Q blocks. P might take a little longer. W V X Y Z will take a lot of time.
S.H replied on Tuesday, July 28, 2009 05:35 AM 

Chaudhry Muhammad Yasin is a very hardworking and focussed professional. I have never met him but he called me a number of times from Chicago. When he shifted to Lahore he worked hard on this site and populated with a host of informations.I read his comments with interest and value his inputs. I think that CMY should not mind negative remarks as such remarks,if based on logic, can benifit others.
CMY! Please encourage your members to express their opinion freely but support it with logic.
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