Lahore Real Estate Forum

Start NEW Topic Or Post Advertisment

                                                          
 
Back to Forum |

Price of 1K plot in DHA-9 @ time of Balloting ?,

(81873)
   Abdul Maroof
Monday, May 26, 2014 07:16 AM 
Reply: >
Dear Friends :flg
Lets guess what will be price of one Kanal plot price in DHA-9 at time of balloting or DHA going to sale.:h
I would request LRE team to participate and give their
expertise judgement as well.

Thank you for your time in advance
hasan replied on Monday, May 26, 2014 07:48 AM 

75 lack
Lahore Real Estate replied on Monday, May 26, 2014 08:03 AM 

Dear Sir,
Initial rates right After ballot will be around 70 to 85 of one kanal depending location due to selling pressure and cautious buying.But will get momentum once these hurdles will diminish

Lahore Real Estate
Email:Info@LREPK.Com
Another Gues replied on Monday, May 26, 2014 10:08 AM 

I gues file price will be around Maximum 60~65 lac.
Reason: still 2 MLN to be paid for devp charges. we should see how phase prices were after balloting till the devlp started.

Apprecite to open this discussion.
BKR replied on Monday, May 26, 2014 11:50 AM 

I agree with LRE team ,but it is a mystery yet till balloting
Ahmed replied on Monday, May 26, 2014 11:54 AM 

No one guess 5M and 10M
5M_10M replied on Monday, May 26, 2014 12:11 PM 

Dear LRE, can you comment on 5M and 10M files as well.
Germany replied on Monday, May 26, 2014 01:13 PM 

The files for Phase 7 & 8(Z Block) are above 60 where Location is still unsure. So I think after balloting the Minimum Price of Phase9 Plot would be above 60 too if we calculate it very carefully.

Regards,
mian replied on Monday, May 26, 2014 01:18 PM 

70 -75 lac approx.
Phase 9 replied on Monday, May 26, 2014 03:54 PM 

Are these above prices including development charges?
Abdul Maroof replied on Tuesday, May 27, 2014 05:13 AM 

DHA-8 was launched @ 45+10= 55 lac 2010 and if we calculate devaluation of Pak rupee and appreciation of real estate price, most probably and it is understandable DHA-9 plot will be launched in range around +- 80/90 lac including development charges.

That mean DHA-9 is still very good investment and there are high prospects in it to get reasonably high gain.

Rest Allah knows better.
Seven replied on Tuesday, May 27, 2014 09:34 AM 

Price would be around 70-85 as LRE says, as for development charges, I think if you decide to sell then you'll only have to pay installments that are due, the remaining will be paid by the buyer in due time. So 80-90 lac including development charges, yes but only installments that are due not the full amount which is suppose to be paid in three years time after balloting. Please correct me if I am wrong?

Dear LRE your input would be highly appreciated. Thanks in advance.
Lahore Real Estate replied on Tuesday, May 27, 2014 10:07 AM 

Dear Sir,
The price will be inclusive of development charges.The price range can be vary +- prevailing the market position at that time.One thing is sure returns are guaranteed.

Lahore Real Estate
Email:Info@LREPK.Com
Ahmed replied on Tuesday, May 27, 2014 10:47 AM 

Still no one talk about 5m and 10m file guess
Lahore Real Estate replied on Tuesday, May 27, 2014 12:25 PM 

Dear All,
Its really hard to predict DHA Phase 9 Ballot. There were always rumours in the market in last two year that ballot was in next month of quarter. We cant say with surety when will dha do the draw of phase 9? DHA is right forum to ask this question. Our sources says that ballot will be held by the end of 2014 but nothing is confirmed until DHA announce officially. We will inform all of you if we have confirmed about DHA Phase 9 Ballot.

Lahore Real Estate
Info@LREPK.Com
Seven replied on Tuesday, May 27, 2014 12:52 PM 

The current price of 5 marla in Dha town is at around 40 give or take, so my guess is Dha 9 proper would do the same if not more after balloting. Perhaps 5 marla has the highest profit margin ratio at current price. Infact it has a lot of room to give good returns even before balloting. Look at the price of Dha town 5 marla file.
Shafqat replied on Wednesday, May 28, 2014 03:09 AM 

This refers to views of 'Seven' at 06:34 am of 27 May (above), regarding liability of payment of left over installments at the time of sale. If I am not wrong, it is seller's responsibility to clear all DHA dues including outstanding installments before selling a file or a plot. I don't think provision exists for payment of left over installments by the buyer.
Phase 9 replied on Wednesday, May 28, 2014 09:31 AM 

Dear Shafqat you are contradicting your own statement. You are right it is seller's responsibility to clear all the dues but remaining installments are not outstanding I had this confirmed from dha office. Seven is right.
Lahore Real Estate replied on Wednesday, May 28, 2014 11:19 AM 

Dear Sir,
The Development charges is responsibility of Seller. At time of transfer if development charges are due in future that amount will be deducted from decided price and remaining amount be paid to seller as full payment.

Lahore Real Estate
Info@LREPK.Com
Seven replied on Wednesday, May 28, 2014 11:56 AM 

Dear LRE team, thank you so much for clearing the confusion. Much appreciated.
>