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Plot Purchase Procedure for NRPs in DHA,

(67389)
Thursday, September 1, 2011 01:20 AM 

I am planning to buy a plot in DHA Lahore. We are quite close in finalizing a deal in DHA Ph-3 around 10Million but seller wants to sell the plot as soon as possible. Since I am abroad and will reach Pakistan in the beginning of October, but seller can't wait until then.

I heard that it is possible to buy a plot even if you are not in Pakistan. I have never bought a plot myself in the past, so I have a few questions?

1. TOKEN: How much money should be given to dealer for token? What are the plot documents that should be seen at the time of token? Should dealer be one of the DHA registered dealers, what if he is not? Do I need some ashtaam for this payment?

2. BAYANA: I think it is the money paid to the seller when deal is finalized? What documents should be seen and how to verify their originality? How much is bayana amount usually in %? Do I need some ashtaam for this payment?


3. TRANSFER: How to transfer in my absence? What documents should be seen at the time of transfer? How to make sure that all dues for the plot are clear? Should seller be present in DHA office personally?

Please advise in detail as I don't want to lose my hard earned money in any scam. Thanks in advance.

DHA replied on Thursday, September 1, 2011 01:48 AM 

be careful.. never do the deal like that... be care ful.. he is making u fool

shahai replied on Thursday, September 1, 2011 03:09 AM 

Agree with DHA above. AVOID at all costs. Speaking for experience.

Assad replied on Thursday, September 1, 2011 03:30 AM 

No Harm, if you involve any credible estate agent...
Call CMY (0322-400-9967) or Adil Saeed (0300-400-9766 or
0322-4009-766)
the transaction will become smooth and pleasant, hassle free :)

Irfan replied on Thursday, September 1, 2011 04:36 AM 

Naveed sahib better deal through CMY Office to avoid all of ur worries. He will automatically take care of all the steps highlighted by you. Wish you best of luck

Naveed replied on Thursday, September 1, 2011 05:53 AM 

Plot is with a particular dealer, not with CMY or LRE. I am trying my level best to be careful but seller is in Pakistan for Eid and has to leave after a couple of weeks, she wants to sell within this period.

If anybody will answer my questions, it will be helpful.

Asad replied on Thursday, September 1, 2011 06:27 AM 

never ever hurry ,rest up to u

DHA Lahore FAQ replied on Thursday, September 1, 2011 07:03 AM 

Dear friend Naveed sahib It is allowed for all overseas Pakistanis to buy DHA Lahore property without traveling to Pakistan.

1) If you are going to transfer a plot within 10 days of deal you give 1 to 2 lacs max as token money. No need to do a baina. Your dealer must check the papers and do a verification from DHA that no deal in pending om plot. No litigation on plot. No loans pending om plot etc. Also check no poles or transformer in front of plot or gate. If he have not done these things you dont have fair good dealer and you need to change th dealer.

2) Baina is only done if you need more than 10 days time for a transfer. Baina is normally 1/3 of amount but no one does a baina more than 10 to 15 lacs in DHA Lahore.

3) You need two pictures plus NIC copy and your foreign visa or passport copy as purchaser. Some on in Pakistan is needed for transferring plot on you behalf. He needs original NIC for him. Make sure before token or baina you as purchaser pay Rs 650 to do vitrifaction on plot from DHA Lahore. Seller must sign verification form him self. Many times bad dealer sign a verification form and give to purchaser for submission. If sign on verification form are fake you could get into lot of trouble from DHA Lahore office. You pay fee but have seller party dealer to submit vitrification form and collect it after verifications. A verification form tells yo about pending baina on plot , any litigation on plot, any loans on plot and also if any dues are pending on plot.

Even if you are buying a plot through some other dealers there is no harm to call me on phone as I am always ready to help my overseas Pakistani friends.


Tags: DHA Lahore FAQ , DHA Lahore Transfers FAQ

Ch Mujahid Yasin ( CMY )_
03224009967

CMY replied on Thursday, September 1, 2011 07:18 AM 

These days there are many scams. People advertise very good locations like corners facing parks etc at lot lower than market rates. These people advertise in large local Pakistani newspapers and web and give foreign phone numbers for you to call them. They talk to you on foreign numbers and ask you to deposit token money in their Pakistani friend or relative bank account and tell you when you give token to my friend in Pakistan I will travel to Pakistan for transfer or baina. He will tell you all docs are in bank locker and when he get token seller will go to Pak and give you all papers. A greedy buyer rush to bank and deposit the amount in bank without ever seeing any documents of plots or doing any verification of plots papers or current owner ship. Most times a buyer is told papers are in locker in Pakistan so you cant even get a copy of papers. A greedy buyer looking at very low price and trusting the amount is going to a bank account via online deposit for the token money. The moment you deposit token money funds online money is withdrawn from sellers account and sellers phones are turned off permanently. Bank wont help you trace the account holder as it hurt their own repute. Banks argue you might have paid loans money to account holder. Banks wont share any personal info of account holders with you until you file an FIR with police. A robbed person rarely go to police station so he cant get robed once again from police itself for filling FIR.

Before you give token money to any one you must check papers of plot and verify person taking token is true current owner of plot and is traceable or known to you well and will be responsible for the token money.

Many times bad dealers too also collect tokens from dozens of people or even other dealers and than buy a plane ticket for Dubai and disappear for few months or years until you forget all your money.

Ch Mujahid Yasin ( CMY )
03224009967

Naveed replied on Thursday, September 1, 2011 10:10 AM 

Thanks a lot for your prompt replies especially such a detailed response from CMY.

I really appreciate the efforts you are putting together for fellow Pakistanis.

My brother and father are in Pakistan dealing on my behalf with a dealer. I will give your contact number should they need a help.

Thanks once again.

Irfan replied on Friday, September 2, 2011 06:33 AM 

Dear Brother CMY Salam

How are you?

Assume somebody didn't verify any documents and did the transfer and he got the "Allocation letter" from DHA by himself.
Is transfer possible if "something (as mentioned by you)worng" with plot/file is there?
Regards

DHA Lahore Transfers FAQ replied on Friday, September 2, 2011 03:22 PM 

Irfan sahib once transfer is done in DHA Lahore office and you got an allocation latter you are 100% OK and safe.

DHA Lahore dont transfer any property if it is in litigation or have a bank loan or any dues left on it.

When you do a baina on any property please do submit a copy to DHA Lahore to keep that in file of plot/file/house. This way you are protected from other deals or any transfer of this plot/file/house by a seller.

Ch Mujahid Yasin ( CMY )
03224009967

Ishtiaq Afridi replied on Friday, July 5, 2013 05:16 PM 

A.alikum! i want to know about token latter how to write in formal structure?Recently i started real estate in ISB.

Ishtiaq Afridi replied on Friday, July 5, 2013 05:18 PM 

A.alikum! i want to know about token latter how to write in formal structure?Recently i started real estate in ISB.

Ishtiaq Afridi replied on Friday, July 5, 2013 05:18 PM 

A.alikum! i want to know about token latter how to write in formal structure?Recently i started real estate in ISB.

Ishtiaq Afridi replied on Friday, July 5, 2013 05:18 PM 

A.alikum! i want to know about token latter how to write in formal structure?Recently i started real estate in ISB.

Ishtiaq Afridi replied on Friday, July 5, 2013 05:18 PM 

A.alikum! i want to know about token latter how to write in formal structure?Recently i started real estate in ISB.

Ishtiaq Afridi replied on Friday, July 5, 2013 05:18 PM 

A.alikum! i want to know about token latter how to write in formal structure?Recently i started real estate in ISB.
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