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Info.Required,

(58191)
Saturday, May 8, 2010 06:50 AM 

DHA Lahore Phase 8 Plots For Sale on Installments
Lahore Real Estate is offering these plots for sale on installments in DHA phase 8 proper


Plots near.

Y 611 @ 1 lac profit for 8 marla.

Y 151 @ 1.75 lac profit for 10 marla.
Y 56 @ 1.50 lac profit for 10 marla.
X 840 @ 2 lac profit for 10 marla.
Y 52 @ 2.5 lac profit for 10 marla.

Y 413 @ 2 lac profit for 5 marla.
Y 591 @ 1 lac profit for 5 marla.
Y 479 @ 1 lac profit for 5 marla.
Y 309 @ 2.5 lac profit for 5 marla.
Y 404 @ 3 lac profit for 5 marla.
Y 302 @ .8 lac profit for 5 marla.

U 299 @ 1 lac profit for 1 kanal
S 431 @ 1 lac profit for 1 kanal

W 371 @ 55 lacs on cash for 1 kanal facing park corner.

DHA Lahore Phase 8 Map


http://www.lahoreestate.org/DHA-Lahore-Phase-8.html



Ch Mujahid Yasin ( CMY )
03224009967

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DHA Lahore Phase 8 Map replied on Thursday, May 6, 2010 03:09 PM PST

lahoreestate.org/DHA-Lahore-Phase-8.html

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CMY replied on Thursday, May 6, 2010 03:17 PM PST

Abdul bhai sorry Its W 371. I have made correctiion above.

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Abdul replied on Thursday, May 6, 2010 03:40 PM PST

CMY Bhai,
W 371 @ 55 lacs on cash for 1 kanal facing park corner.
Does this amount including or excluding development charges ?
2ndly the development charges will be paid in instalment or lump sum at the time of transfer ? please confirm THX

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CMY replied on Thursday, May 6, 2010 03:58 PM PST

Price is with development charges included. You will pay just 45 lacs now and pay development charges in installments.

This is one of the best deal we have in DHA 8 on cash payment plot. Any freind that have cash available will insha Allah make min 5 to 10 lacs during next 6 to 12 months on this plot.

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Imran replied on Friday, May 7, 2010 12:27 AM PST

Salam CMY,

with all due respect, in my opinion the prices above mentioned are superficial. I might not know much about property but as far as i know its not developed. With the rate DHA do construction work the ground proof is phase 7(not even half of it is developed).

i think when LRR will be completed there wont b a big deal if some one has a plot in 8 or 6.

please dont get offended. It my personal views and i wish whatever my analysis about property in phase 8 is wrong.

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CMY replied on Friday, May 7, 2010 09:00 AM PST

Imran bhai for me each plot in every phase is equally important because I have buyers seller in all plots in all blocks in every phase of DHA Lahore. Market is what determine the price of each plot.It could be higher or lower based on how many people are wiling to buy or sell them at those prices.

Thousands people bought plots in DHA 8 at the " superficial " prices. They don't agree with your point that prices are " superficial " . No sellers at " this time " under these "superficial prices"

Please note DHA phase was "not developed at time people bought at the " superficial prices ".

Why DHA 8 is priced more than DHA 7. Because of its location. Why location cost more?

R block and T block of DHA 7 have same development work and only 1/2 KM apart but their price has 10 to 13 lacs difference. Why because in real estate location is what determine price.

Imran bhai I am not offended at all. Every one have right to post their views. Yes I agree to you DHA 8 is in front of DHA 6 and DHA 7. If some one can drive to DHA 8 he can drive half minute more to reach DHA 7.

In DHA 6 a bad location one kanal plot could be had for 40 lacs but you cant find a good 10 marla plot in 40 lacs in DHA 6 because its location is far better than DHA6 bad location plots.

Ch Mujahid Yasin ( CMY )
03224009967

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imran replied on Friday, May 7, 2010 10:49 AM PST

cmy bhai,
With all due respect we can agree on disagreeing though i dont have arguements to prove my point other than "Time will prove".
I hope no one is a looser and someway or the other things turn out to be win-win for everyone.
Thanks for being little sarcastic about superficial as it adds humor to disscussion nothing more than that.

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Salman replied on Friday, May 7, 2010 02:43 PM PST

It is these overseas Pakistanis and their greed which drives property prices artificially high and hence remained unaffordable for people living in Pakistan. Today you are crying because you suffered a loss on the purchase that you made in 2005 & 2006.

Now when the prices are becoming affordable for a common man living in Pakistan you guys are still crying. I mean i feel ashamed when i look at you all holding 5 - 10 plots; for what purposes. Your speculative activity has played havoc with the property market

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Tahir replied on Friday, May 7, 2010 03:01 PM PST

Salman bhai, kuch tou khayal karain you call it affordable?
i feel it should come down more and i dint hold the file or plot which are 10 or 20.
i want to make a house there which i thought i could make it in 2010 which seems highly unlikely.
i am not crying over a loss all i am saying is what is happening out there in pakistan. Greed is something when i would be saying price should go up.
The sum of money that came during the boom went all in soil with so called property.
What i believe is in long run this residential plots are not a worth for our country.
Industries and commercialisation is the key to success.

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Tahir replied on Friday, May 7, 2010 03:24 PM PST

Please let me add up something to above stated

We all are pakistanis' and we should respect each others opinion and being hostile or start blaming others doesnt prove your point to be absolute factual.
i request you dont go berserk on OP's.

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Saqib replied on Friday, May 7, 2010 04:50 PM PST

Dear CMY,
what is the transfer fee for 5 Marla Plot??

Best Regards

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CMY replied on Friday, May 7, 2010 04:59 PM PST

Please note above statment for profit of 5 to 10 lacs was ONLY for "W 371 @ 55 lacs on cash for 1 kanal facing park corner" plot.

Also I forgot to add :) infront of word "superficial" Imran bhai please note I used "superficial" in very lite mode. I hope you didnt take it serios either.

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Imran replied on Friday, May 7, 2010 05:39 PM PST

:).

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CMY replied on Friday, May 7, 2010 06:20 PM PST

Dear freind Saqib transfer fee for DHA phase 8 5 marla plot is Rs 49880.

Breakdown of charges
Transfer fee = 12950
No CVT on 5 marla plots
Stamp Duty = 12500
Membership fee = 22830
Docs = 1000
Stamp papers vender fee = 600

Ch Mujahid Yasin ( CMY )
03224009967

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JOHAR Saudi Arabia replied on Friday, May 7, 2010 08:42 PM PST

Kindly let me know the transfer fee for IK plot in DHA 8.Is transfer Fee is same for installement and cash payment IK plots?
For W371 cash payment plot, as it is corner plot so shall the buyer pay the corner plot extra charges to DHA? For installment 1K corner plot,kindly also clarify the additiinal payments details in case someone buy corner on installment.

Best Regards,

CMY replied on Saturday, May 8, 2010 07:10 AM 

Transfer fee for one kanal plot in DHA 8 on cash or installment plots is same and total transfer cost paid to govt and DHA is Rs 2.25 lacs.

10% extra development charges are charges by DHA. We know installments plot development charges are 10 lacs but at this time we dont know yet exact amount for development charges so if they are 10 lacs than you will pay 10 lacs plus 1 lacs more for corner plot.

Even corner holders for installment plots will pay 10% extra of development charges of 10 lacs.

Ch Mujahid Yasin ( CMY )
03224009967

Abdul replied on Saturday, May 8, 2010 07:25 AM 

CMY Bhai,
Are you sure it is 10% extra on the development charges and NOT on total price(55 Lack) for a corner plot

Kindly confirm

CMY replied on Saturday, May 8, 2010 10:43 AM 

Abdul bhai I must make correction here. There could be difrent extra charges for allocation file plots and installment files.

Until now only 10% extra was charged for development charges only. In past on DHA 7 even lottery plots were only charged 10% more of development charges. But reading the application form again it makes me think MAY BE DHA will charge 10% of full price or they could keep it same as past and charge only 10% more on just development charges.

Please read the line about corner in application forms. DHA bylaws could be changed for DHA 8 until the final announcement and Issie's of intimation letters.

"Corner Plots and Excess Area charges will be processed later as per DHA Bye Laws"

http://dhalahore.org/images/forms_download/flash_news/dha_app_phase_8.pdf
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