Lahore Real Estate Forum

Start NEW Topic Or Post Advertisment

                                                          
 
Back to Forum |

Lahore Real Estate Market Pulse as of 02.45 Pm May 27, 2010,

(58568)
   LRE Rates Update
Thursday, May 27, 2010 08:46 AM 
Reply: >
DHA Lahore Phase 5 Extension Allocation File:Buyer(s) at 22.00 Sellers(s) at 22.25 Lacs


DHA Lahore Phase 6 Allocation File 1 kanal Sellers at 32 Lacs


DHA Lahore Phase 6 Affidavit 10 Marla File Sellers at 22 Lacs


DHA Lahore Phase 7 Affidavit File Sellers at 21.00 Lacs.

DHA-8 Lahore Ex Parkview 1 kanal allocation file Buyer(s) at 22.80 Lacs Seller(s) at 23.00 Lacs


DHA-8 Lahore Ex Parkview 10 Marla allocation file 14.80 Lacs Seller(s)at 15.00


DHA Lahore Phase 9/10 Allocation File Buyer(s) at 14.75 Lacs Seller(s) at 14.85 Lacs



DHA Lahore Phase 9/10 Affidavit Available At 15.50




DHA Phase 8 Prices Check by Lahore Real Estate is a free service offered by us. Please send eMail or SMS to 03224009967


Latest Lahore Master Plan and Housing Schemes Location Map


************ DHA Lahore Phase 5 Map **********

One Kanal Plots Rates

DHA Lahore Phase 5 Block A one Kanal Min 75 Max 95

DHA Lahore Phase 5 Block B one Kanal Min 60 Max 110

DHA Lahore Phase 5 Block C one Kanal Min 80 Max 100

DHA Lahore Phase 5 Block D one Kanal Min 68 Max 105

DHA Lahore Phase 5 Block E one Kanal Min 75 Max 110

DHA Lahore Phase 5 Block F one Kanal Min 90 Max 130

DHA Lahore Phase 5 Block G one Kanal Min 68 Max 120

DHA Lahore Phase 5 Block H one Kanal Min 75 Max 100

DHA Lahore Phase 5 Block J one Kanal Min 65 Max 90

DHA Lahore Phase 5 Block K one Kanal Min 75 Max 100

DHA Lahore Phase 5 Block L one Kanal Min 65 Max 80

************* DHA Lahore Phase 6 Map *******************

DHA Lahore Phase 6 Block A one Kanal Min 51 Max 70

DHA Lahore Phase 6 Block B one Kanal Min 58 Max 75

DHA Lahore Phase 6 Block C one Kanal Min 50 Max 65

DHA Lahore Phase 6 Block D one Kanal Min 49 Max 56

DHA Lahore Phase 6 Block E one Kanal Min 45 Max 53

DHA Lahore Phase 6 Block F one Kanal Min 48 Max 54

DHA Lahore Phase 6 Block G one Kanal Min 58 Max 65

DHA Lahore Phase 6 Block H one Kanal Min 57 Max 70

DHA Lahore Phase 6 Block J one Kanal Min 58 Max 70

DHA Lahore Phase 6 Block K one Kanal Min 58 Max 65

DHA Lahore Phase 6 Block L one Kanal Min 53 Max 65

DHA Lahore Phase 6 Block M one Kanal Min 55 Max 65

DHA Lahore Phase 6 Block N one Kanal Min 42 Max 54

**************** DHA Lahore Phase 7 Map ******************

DHA Lahore Phase 7 Block P one Kanal Min 37 Max 47

DHA Lahore Phase 7 Block Q one Kanal Min 32 Max 37

DHA Lahore Phase 7 Block R one Kanal Min 42 Max 47

DHA Lahore Phase 7 Block S one Kanal Min 40 Max 43

DHA Lahore Phase 7 Block T one Kanal Min 33 Max 39

DHA Lahore Phase 7 Block U one Kanal Min 32 Max 39

DHA Lahore Phase 7 Block V one Kanal Min 35 Max 45

DHA Lahore Phase 7 Block W one Kanal Min 36 Max 45

DHA Lahore Phase 7 Block X one Kanal Min 32 Max 35

DHA Lahore Phase 7 Block Y one Kanal Min 28 Max 34

DHA Lahore Phase 7 Block Z one Kanal Min 25 Max 38


************ DHA Lahore Phase 8 Map ********************

Plots Against Allocation Files Min-Max Rates Only. Price with development charges included.

DHA Lahore Phase 8 Block S one Kanal Min 40 Max 45

DHA Lahore Phase 8 Block T one Kanal Min 40 Max 52

DHA Lahore Phase 8 Block U one Kanal Min 42 Max 50

DHA Lahore Phase 8 Block V one Kanal Min 40 Max 52

DHA Lahore Phase 8 Block W one Kanal Min 47 Max 53

DHA Lahore Phase 8 Block X one Kanal Min 40 Max 47

DHA Lahore Phase 8 Block Y one Kanal Min 40 Max 45

Installment Applicants Plots are avaialble at 55 to 58 lacs


DHA Islamabad phase 2 extension files are available at 7.55 lacs.


Rates you can trust are provided by:

Ch. Mujahid Yasin ( CMY )

Lahore Real Estate

Registered/Authorized Dealer (DHA, EMAAR, Bahria Town, Urban Developers, etc.)

042-35692420 to 23 0r 042-111-111-040 in Office Hours Only

Mobile +92-322-400-9967

eMail: LahoreRealEstate@Gmail.Com and LRE786@Gmail.com


http://www.LahoreRealEstate.com
Pardesi, Jubail replied on Thursday, May 27, 2010 11:21 AM 

Dear CMY, I admire your posting these rate almsot every day. To me plots are the running stock of dealers, in other words, it's a good commodity for sale/purchase and earn commissions besides fee income for DHA.
On the other hand, houses are real properties which change hands for a real sale/purchase.
As a matter of principle, the house value should be in the range of 15-20 times its annual letting value; for example if a location is new and emerging the multiple shall be 20, and for a mature location it should be not more than 15.
Let me apply a practical example here.
The house in a new phase like DHA-VI will earn annual letting value of Rs 6 to 7 lacs, accordingly the value of home shouldn't be more than 120 lacs to 140 lacs.
Similarly, a developed location in Phase-V will earn the letting value of 8 lacs, the house value shall not be more than 140 lacs.
In a mature location like in phase-3 if the letting value is 9 lacs, the hosue price shall not be more than 135 lacs. Anything above these limits will not sustain.
See what happened in Europe and America when property prices were rasied above the level of 15 to 20 multiples (they are now trading at 12 to 15 multiples)

Regards
Desi Perspective replied on Thursday, May 27, 2010 11:37 AM 

In Pakistan people generally do not invest in residential properties solely for rental income. They invest for appreciation in Plot prices over the long term. The rent is an additional value and a source of regular income as people who own more than one home can rent additional homes or if they own one home they rent a portion of it. In some cases where large size property is divided into multiple small units some people can earn very good rent multiple.

Real Estate in Pakistan and West are two different animals. You cannot compare them. One is based on full ownership and other one is mostly mortgage for decades. There are no sub prime loans in Pakistan. People cannot buy homes which they cannot afford.
>