Lahore Real Estate Forum: Property News & Community Talk : Discussion Property News & Community Talk

(85453)

Overseas Pakistani

Saturday, May 9, 2015 04:47 PM

Dear CMY,

I want to confirm very important details about my transaction.

First of all, how one can check if someone is selling ballot ready commercial file?

Secondly, what if i purchase a commercial file before the ballot on monday, will this prevent the file to be considered for ballot or i may loose the chance to get it balloted ? Kindly advice..
Regards
O.P

CMY replied on Saturday, May 9, 2015 05:22 PM

If NDC is applied and its cleared you are ballot ready. All files that have allocation letters issued before April 3oth 2015 will be in ballot regardless when they are transferred or who's name is on allocation letters. Even on last day of transfer same allocation number will just have a now owner name assigned to that number. Allocation letter number is matched with plots numbers.

Make sure the allocation file you are buying was not made from affidavit file transfer AFTER April 30th 2015. A best and easiest tip is that 1st allocation will be light green in background. But allocation to allocation transferred document is of white plain color. If you have a green back ground color allocation letter after April 30 2015 this allocation wont make into ballot.

This info is not going to given to you by any other property dealer :) Because they only care for their commission and dont pay attention to these small details.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

Overseas Pakistani replied on Saturday, May 9, 2015 06:20 PM

Dear CMY Sb,

What i understood from your message is as following:

1- I shouldnt go for file allocated after 30th April
2- NDC applied and cleared
3- Background color of allocation file should be white plain color

Thank you for confirming the above...
Regards
O.P

CMY replied on Saturday, May 9, 2015 06:27 PM

Yes allocation you are buying should be with white back ground this will be proof its an old allotted allocation

If Green background and issued before April 30th. You can still buy it.

If NDC is not filed or cleared pay urgent fee and have transfer asap before ballot. In no case let is go past the ballot. Amount difference will be huge and deal will go into trouble unless you have paid big amount in Baina for transfer after ballot. Dont take risk Pay Rs 22000 as urgent fee and get it done before ballot.

Overseas Pakistani (PRO) replied on Saturday, May 9, 2015 06:35 PM

Thank you and i have realized that my annonymous name is similar to one having issues with DHA and LRE..

I respect your feedback and have great trust in your recommendations.

In last, do you think even bad location of 8 or 4 marla commercial will still stay above the pre ballot price ;-) i know it is tough to answer....

Afterall, one has to makeup his own mind and make decision and i will not hold you accountable.

Thank you Sir.