https://www.lahorerealesate.com/dha_app_form_sale_of_plot.pdfDHA Lahore Plots On Installments
Dear friends I am currently trying to understand this advertisement today in newspapers.
So far I have understood.
These plots are well under priced than current going market rates and on top they are on installments of 2 to 3 years. This is a great offer and every visitor of this website should try it best to participate in this super offer by DHA Lahore.
DHA Lahore will collect lot of money that can be used to develop all phases much faster and same time people who get plots in ballot will benefit by getting a lot of profit on booking or can buy a plot in proper DHA Lahore on easy installments.
DHA have offered plots in DHA Lahore phase 1 to 9 so lets get ready for ballot and development of all current phases of DHA Lahore.
In case DHALahore.Org goes down due to heavy traffic there you can download forms from LahoreRealEstate.Com too.
https://www.lahorerealesate.com/dha_app_form_sale_of_plot.pdf http://dhalahore.org/images/forms_download/flash_news/dha_app_form_sale_of_plot.pdf
If you need further help please call on phone.
Please note any recommendation is based only my personal feeling. I get nothing from you or DHA Lahore to recommend you or book any plot in this new installments plots booking. I am just trying to help and guide you based on my market knowledge. Its your money do more research before you apply. You will be responsible for your decisions to book or not to book. I will not share your profit or loss so I dont want to get accused of any thing in future.
Ch Mujahid Yasin ( CMY )
03224009967
I hate transparency replied on Tuesday, July 5, 2011 07:39 AM
From the ad, it would seem that this is yet another smart initiative by DHA to collect huge amounts of interest free funds to utilize for either some investment or fixed term deposit. Smart because they know that the greedy public can't resist games of chance/luck.
1. No quantity given for the plots on offer, and how many in each phase/category (tens, hundreds, thousands?). So no one can make an informed decision of the probability of getting a plot, instead of their money back in a few months. But hey, if you're a believer in prize bonds, then this is just the thing for you!
2. No information of the plot location. This is very odd. Do CDA/LDA do this kind of selling of plots? No, if you have an exisiting location on the ground and you want to maximize return, you AUCTION it. Market forces come in to play and everything is transparent. So why is DHA so benevolent? (It would be nice if they could show some benevolence in their existing commitments and deliver the already sold phases on time or within the same decade as initially indicated).
3. By pricing it just a little bit below average market price, they ensure tens of thousands of applications. DHA makes up far more money by the potential interest on deposits, and also many of the plots will be below average and some above average. For example, if they get 50,000 applications, avg Rs 1 million down payment, earn 10% on a fixed term deposit for 3 months, they earned Rs 1.25 BILLION in interest income. That is the sale value of 250 ten-marla plots!
Some relevant phrases that come to mind here:
A. THE HOUSE ALWAYS WINS
B. IF YOU LOOK AROUND THE TABLE AND CAN'T FIGURE OUT WHO THE SUCKER IS, IT'S YOU.
It is sad that even now, they are no (enforced) regulations that oblige an organization collecting public funds to disclose relevant information. People who don't learn from history are doomed to repeat it.... |
