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Plots For Sale in DHA Lahore Phase 8,

(57822)
   DHA Phase 8 Lahore Plots For Sale
Thursday, April 15, 2010 05:49 AM 
Reply: >
Plots For Sale in DHA Lahore Phase 8 on cash payment(These plots were allotedon allocation files)

Near

T 448 @ 50 Lacs Corner 70 feet
T 1515 @ 50 Lacs
X 151 @ 48 Lacs

Ch Mujahid Yasin
03224009967
PROGRESS replied on Thursday, April 15, 2010 06:44 AM 

I think last time we calculated that a file holder of DHA 8 got plot in 52 lac while on installment it is 55 lac that means a 3 lac profit. It seems now they are getting 2-4 lac loss in reverse.

People having budget between 35 to 45 can wait a little more to enter in DHA 8 with no loss.
PROGRESS replied on Thursday, April 15, 2010 06:54 AM 

In this kind of situation people will not only loose their faith on a file and it can be a big dent on DHA file system.

DHA should revise their file policy as first come first bases for a file holder at least.
Khan replied on Thursday, April 15, 2010 07:16 AM 

Deat CMY,

Are these prices are against the files or application.
As in case of applications buyer will have facility of paying the remaining amount in 3 years time.
CMY replied on Thursday, April 15, 2010 07:34 AM 

These are plots against files and price include development charges.
Hasan replied on Thursday, April 15, 2010 07:43 AM 

When does the DHA plans to give back the money to unsuccessful applicants of Phase VIII, DHA Lahore.
CMY replied on Thursday, April 15, 2010 07:46 AM 

Hasan bhai DHA is already mailing checks to address on applications. Every one should have a refund check in 45 days starting from April 6,2010
Hasan replied on Thursday, April 15, 2010 07:50 AM 

Thanks for the prompt response :). What about the successful ones when will they be getting confirmation letters with Installment details.
Ahsan replied on Thursday, April 15, 2010 09:23 AM 

CMy pls make our lives easy, if we have received a plot in 55 (installments) and your asking price is 48Lacs (x block). What will happen? what do i get. It looks if i sell my plot i will pay you 7 lac? i mean even i sell i will not get any thing instead pay you 7 to get rid of the plot?
Irfan replied on Thursday, April 15, 2010 09:51 AM 

@Ahsan bhi After two year you may need to pay 15 lac or even more .. if PPP govt survive till that time, you can really get benefit after 5 years minimum so wait for that

Right now too many sellers of DHA 8 plots and almost no buyer
CMY replied on Thursday, April 15, 2010 10:54 AM 

On ballot day a file of DHA8 was at 34.50 lacs. With development charges net cost is 44.50 lacs.So these sellers are now in profit not loss " IF " they bought a file at 34.50 lacs on day of ballot.

DHA dont determine market price of plots or files. Buyers and sellers in market determine the going rates
observor replied on Thursday, April 15, 2010 11:19 AM 

CMY bhai, we must also include the transaction costs, which were around 2.5 lacs/file. Therefore, even those buyers are just breaking even and not making much profit.
Ahsan replied on Thursday, April 15, 2010 11:35 AM 

CMY i agree that way, but what about the peopole who purchased on installments basis i.e 55lac?
CMY replied on Thursday, April 15, 2010 01:54 PM 

"we must also include the transaction costs, which were around 2.5 lacs/file"

Do you thinks DHA will transfer installment plots free of cost? .

Transfer cost will also be same for both of these plots so I didnt include that in comparision.
observor replied on Thursday, April 15, 2010 02:52 PM 

Obviously, transfer costs will be same for both plots. However, when these are taken into account 34.5 lacs + 3 = 37.5 lacs + 10 lacs installments makes the plot selling a losing or at most break even affair. This is buyer's perpective, dear CMY sahib not a broker's perspective.
investor replied on Thursday, April 15, 2010 06:52 PM 

CMY sahib,

With due respect you are beginning to lose your cool Sir! Mr.Observor was just clarifying a valid point.
CMY replied on Friday, April 16, 2010 05:44 AM 

investor and observer sahib you are right. I apologize for my above comment.
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