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(64665)
Wednesday, April 27, 2011 06:52 AM 

Dear members Assalam-0-alikium,
I am new on this forum and i want some advise from you people.I have seen people helping ech other on this forum so i decided to get some sincere advise from you people.

1.I want to buy a plot in LDA Avenue 1.What is the price of 1 kanal plot on 120 feet road in F block.Is it Beneficial to buy plot there.(construct that after 5 year).

2. whats the price in Gulshan-e-lahore for 1 kanal plot.

3.Valencia plot price of area 1 kanal on main road.

Kindly reply me.Waiting for your sincere advise.
Thanks
Regards
Nadeem Shah

Habib replied on Wednesday, April 27, 2011 10:57 AM 

These 3 are entroely different products and you cant compare them whith each other,
LDA avenue 1 basically an investment product. It is LDA area which had too much problems due to litigation still main facilities are not laid dowd, some areas are presumed to be clear based on on the fact that there are some roads there but still there are many pockets of unoccupied area, LDA office does not guide you to tell which area is clear or not they have 2005 date fed in Computer eversince ground realities have changed a lot. There is lot more litigations and many areas have cleared as well. LDA avenue 1 is heading in same style and pace as was Johar town 30 ys back and took too much time to materialize there are many Qabza and records issues in Johar Town and same I am expecting in LDA 1 in futhre, the Facilities will also be supplied slowly as happened in Johar Town. So there are uncertainties involved and that is why it is investment gards, Kanal plot on 120 Feet Road should be in about 40. As most LDA societies are loosely administered so there is a chance that some commercial activities may start on main roads, though it looks clear that you cant make plaza, Commercilazation has been stopped by LDA but even if allowed in next Govt the fees will not be decrease and that is One cror 40 Lac per Kanal Now.
Gulshane Lahore is small residential colony with mostly 5 merla houses below average infrastructure, Not a recognized Coperative[illegal] society good approach but not suitable for any thing more than that, I think due to Lack of coperative society office it is tranferrred mostly by registry and intiqal like in Patwar Khana.
Valancia is a Coperative society Like DHA, it is 90% a residential societies very tightly run by its bye Laws and no Commercial activities are allowed illegally. All valancia is possession and mainly the residence of people who want to live in relitvely bigger posh houses like Kanal and 2 Kanal, On 100 and 120 and 150 Roads all plots are 2 Kanal, All valancia have all the facilities like Roads, Elec, Gas water Cable etc all supplied by society itself.
I dont see any similarity between above 3 areas all 3 are choices for different needs and taste.

Nadeem Shah replied on Wednesday, April 27, 2011 04:16 PM 

Habib bahiee thx a lot for u time and briefing.
You r rite that in some area of lda,there is problem of land.But in F and j these blocks are totally clear.I have checked that,there will be no issue of any litigation or something like that.
1 kanal plot on 120 feet road is abt 50 lac.I know in lda,development is slow but i hope after 5 year there will be much more activity in that society.So i am thing for long terms not for short terms.
Kindly guide be is price is right 49-50lac on 120 feet road near commerical?
As it will be commercial in near future.
thanks

asif replied on Wednesday, April 27, 2011 05:01 PM 

we cannot pridict lda avenue future because.....johar town ....khyaban e jinnah road is not commercialized lda avenue is take minimum 15 years....it has a large area.....it takes so long time u think 10 to 15 years.....is better ......there are a large options for people this time to buy property.....2 to 3 years takes to completed lda avenue.....then people build houses.....it is boundary society not like a open scheme.....investment is good but i prefer a place where people made there houses rapidly......lda is started in 2003-4 now 2011 u better suggest urself.......u see lda avenue map has a large commercial area indicated........if u think i m wrong u suggest me too......dont beleive any estate they just want to earn some money......

M waqas replied on Thursday, April 28, 2011 09:13 AM 

AA.price in 120 feet road F block facing commercial 50 to 55lacs.

Nadeem Shah replied on Thursday, April 28, 2011 11:38 AM 

Some one saying that you will get in 45 while other saying you got that plot in 55lac what was right price?
I want to know.
Kindly give me right price.Some one who knows very well about that road will plz tell the price on 120 feet road in F block near community center.

M waqas replied on Thursday, April 28, 2011 02:53 PM 

AA.In F block facing commercial plots prices 50 to 55 lacs.Other plots prices 45 to 50 lacs.

LRE Hot Topics replied on Friday, April 29, 2011 05:51 PM 

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