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price evaluation,

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   uzair
Saturday, April 25, 2015 07:36 AM 
Reply: >
Please can u evaluate current price of plot near V 1170 and nearaY 2206 on main Avenue. Thanks
Lahore Real Estate replied on Saturday, April 25, 2015 10:13 AM 

Dear Sir,
The current market value of V 1170 is around 95 lacs
The current market value of Y 2206 is around 100 lacs


Hassan Raza
Lahore Real Estate
+923028449766
Email:INFO@LREPK.Com
phase7 replied on Saturday, April 25, 2015 12:19 PM 

Hassan Bhai. 10-Marla plot at 14th Avenue Y-block is 75-76 Lacs, One Kanal plot at the same place is 100-Lacs as per ur assessment. Very difficult to believe. I think it should be around 110-Lacs
Abdul Qayyum Ehsan replied on Saturday, April 25, 2015 04:07 PM 

That is what I mentioned to Hasan Raza that his estimates are not matching with the real prices prevailing in the market.
CMY replied on Saturday, April 25, 2015 06:39 PM 

Respected brother Abdul Qayyum Ehsan its not fair to say "estimates are not matching with the real prices prevailing in the market". You are not in market and Hassan is buying selling ONLY DHA 6 and 7 for last 12 years.

Abdul Qayyum Ehsan sahib we have no benefit to publicly give you wrong estimate. Uzair sahib just asked for our accurate current market price estimate. We gave a price estimate where many location are selling in market. Weather we or you like it or not there are multiple locations currently available at above prices.

Smaller size files plots are always priced higher due to very low availability. How many plots are in market of for 10 marla and how many one kanal.

May be this example will help to make things more clear. Lets forget about location. Non balloted 1 kanal DHA Lahore phase 9 one kanal price today was 57.75 lacs. In same DHA Lahore phase 9 4 files of 5 marla = 1 kanal are selling for 92 lacs. Now tell me I am giving you wrong prices for 1 kanal or giving you a wrong prices update for 5 marla files here. Numbers of availble buyer sellers make up these prices. We dont.

If you hold a DHA 7 10 marla here you could sell it and buy kanal if you think its under priced. We have many location available near above plots.

Our job is to give you a current price. We have no control over where they should be. For example people are willing to buy these 5 marla plots a lot higher than DHA 7 or even DHA 6. You may argue that is not fair but majority of 1000s people buying these plots cant be wrong. They must seeing thing better there than DHA 7 Y block.

BTW from day one of DHA 7 ballot I am saying move to a batter location from DHA7 Y block. You will find my 100s posts in past about my this request. If some one sold Y block in past he is a lot richer now investing it in P and R blocks of DHA 7 etc. Only those ignored are now big lessors even after 8 years of wait.


DHA Town Phase 9 Lahore Near A Lacs 5-Marla Mian Fawad +/4/2015
DHA Town Phase 9 Lahore Near C Lacs 5-Marla Mian Fawad +/4/2015
DHA Town Phase 9 Lahore Near C 83 52.00 Lacs 5-Marla Mian Fawad +/4/2015
DHA Town Phase 9 Lahore Near D Lacs 5-Marla Mian Fawad +/4/2015




Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com
yasir hameed replied on Saturday, April 25, 2015 07:19 PM 

Beautiful technical answer mr. CMY i agree with your words
Shahzad replied on Sunday, April 26, 2015 01:52 AM 

With due respect, i would slightly disagree with respected CMY.
As we are comparing the prices of 10-Marla & One Kanal on 14 Avenue of Phase-7. Normally, Kanal price is 1.6 times higher than 10-Marla keeping the location same. You can put this formula at most of the places. In this way, if 10-Marla price is 72-73 Lacs then One kanal price at same location cant be lesser than 110 Lacs.
It seems as per CMY, phase-7 is bad investment and perhaps its not the part of DHA Lahore :) Even nobody wants to share any info regarding the Lahore Knowledge Park here
XYZ replied on Sunday, April 26, 2015 03:48 AM 

Yes, its true that no one talked about the impact of Lahore Knowledge Park on DHA and in particular on DHA phase 7. Lahore knowledge park topic was mentioned couple of times earlier, but no detailed discussion or comments of CMY or any other experienced person are available.

Respected CMY sahib, can we ask you to give your valuable comments on Lahore knowledge park impact on DHA as a whole and on phase 7 in particular. Thanks.
CMY replied on Sunday, April 26, 2015 06:10 AM 

Nothing new about knowledge park since my last post about it. Govt too busy in building metrobus and roads projects because they get more votes in elections. Education is not TOP priority of CM Shehbaz sahib.

Punjab Govt wanted to build 852 acres knowledge Park. Its a 10 year plan. Punjab HEC have signed MOU with UK Turkish and Bangladesh Universities to build their campuses here. No further progress is available since last year agreement. Some land issues between DHA Punjab Govt and Sikh temple. Their was a court ruling that land to handed over to Sikh temple. Punjab Govt may have settled this land issue but news about is not made public yet.


If you have any thing new other than above info to share with u it will help us all. You may want to add a full detailed post about it.

Thanks in advance

Choudry Mujahid Yasin ( CMY)
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