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DHA Lahore Phase 8 Balloting,

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   DHA Lahore Phase 8 Balloting
Saturday, March 20, 2010 07:25 AM 
Reply: >
DHA Lahore Phase 8 Balloting.

Installments must be paid before a transfer.
Kamran replied on Saturday, March 20, 2010 07:32 AM 

what a disaster this info will bring for investors. In my two pence opinion, files that are not included in this ballto will gain much interest than the plot for the investors.
CMY replied on Saturday, March 20, 2010 07:42 AM 

Source official web site of DHA Lahore www.dhalahore.org
Kamran replied on Saturday, March 20, 2010 08:36 AM 

It is alos not wise to pass on all the information to general public unless it is deem necessary. sometimes it has negative repurcussions.
aa replied on Saturday, March 20, 2010 12:40 PM 

in my opinion this is a great thing. it will keep all the specualators out, who donot afford to pay the installments, and usually sell very fast after balloting. this will prevent immediate price crash after ballot.
also from this you can assume that there has been a tremendous response and dha has far more applications than it expected so they have decided to keep speculators out.
only my opinion
limo replied on Saturday, March 20, 2010 05:24 PM 

Though i am for this move but the question remains why it has been disclosed at a stage when DHA has already earned billions in the form of processing fee.I am afraid it will put a lot of people into suspicions about DHA's proclaimed transparency.
EmJay replied on Sunday, March 21, 2010 03:58 AM 

i believe DHA site info are being miss quoted. Mentioned below notice on DHA website not indicating all remaining installments but word is installment


NOTICE : LEFT OVER INSTALLMENT FOR PHASE - VIII WILL BE PAID BY THE BUYER AT TRANSFER
STN replied on Sunday, March 21, 2010 01:05 PM 

EmJay.. The website says "Leftover Installments will be paid by the buyer at the time of transfer". Will you please translate these words in simple urdu if you think that DHA info is being misquoted?

If it had been written as "Outstanding" it could meant for any due but unpaid installment but the word "leftover" means the remaining installments.

To me, DHA might have taken this step to avoid the artificial price hike, like we have seen in Dubai where people just traded the properties for profit sake only and hence the original buyer (who intended to actually live) had no option but to pay extra prices.

I wait for the comments of janab CMY.
info replied on Monday, March 22, 2010 07:38 AM 

If you have to pay all charges before transferring it is a very good move.

I personally think Government should implement a policy where if you have possession of a plot you must build within in 2 years like in Australia.

Otherwise current Real Estate business is not providing any real benefit to Pakistan's economy. It's just making rich people richer.

It's about time we start doing productive businesses. Just image the number of jobs you can create just in Lahore by forcing plot owners to start building in DHA alone (Phase 1 to 6).

Think of Pakistan’s future instead of short term gains. Think of your children and grandchildren futures.
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