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LRR Southern Loop Pre Bid Conference held on 02 June, 2015,

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   Shagufta Ahsan
Sunday, June 7, 2015 04:16 AM 
Reply: >
Refer to attached, the Latest regarding LRR-South pre bid conference held in LRRA committee room at 02 June 2015... the next will be held by 11 June.

Any Comments or further updates anyone has, please share here.

Much Thanks
Shagufta Ahsan


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dubai replied on Sunday, June 7, 2015 05:34 AM 

i remember in Sui gas phase 1 , 1 kanal price was around 55 to 60 lacs before ring road became operational. it stayed at this level although interchange was there and construction going on. only after ring road became operational and people started travelling, the prices started to rise. so may be try and invest in someother place till ring road takes shape and once yu feel that its near completion, invest in societies on raiwind road
Shagufta Ahsan replied on Sunday, June 7, 2015 05:43 AM 

@Dubai

Yes you may be right. but what about those who already invested in these areas recently. ??

Should they wait for next 3 years or so ?
dubai replied on Sunday, June 7, 2015 06:22 AM 

in my humble opinion,, if already invested then wait till LRR is on the way because flipping properties too soon only is beneficial for dealers earning commission.plus yu have to bear the brunt of buying/selling difference+ transfer fees, taxes etc plus there are no immidiate return avenues in my eyes. but those who want to invest now might consider DHA phase 7 or 9 ahead of south lahore societies
Rehan replied on Sunday, June 7, 2015 07:25 AM 

Yes that must be the wisest approach perhaps.
Rehan replied on Sunday, June 7, 2015 07:25 AM 

Yes that must be the wisest approach perhaps.
Nabeel Khan replied on Sunday, June 7, 2015 06:28 PM 

Dear Brother's,

I have invested a huge part of my savings in Golf View Residencia. I invested in this project in 2013 and bought the residential files at a high premium.

I accept that all investments carry a degree of risk however.it will be beyond reason if Bahria has not given a serious thought to the LRR route well in advance.

If this is the case then it will be a lapse of judgement and planning, on part of the Bahria town management, of the most grave nature indeed.

I therefore personally believe that Bahria Town management have a plan B and that they will not pass on their responsibility and consequences of poor planning on to their investors.

If LRR results into losses for their investors then they are morally as well as legally bound to compensate them according to market price prior to the effect on prices resulting from the announcement of the LRR.

This is my personal take on the matter. It will be appreciated if you would contribute further to this discussion. Thank you
Naveed replied on Thursday, June 11, 2015 10:58 AM 

@Nabeel Khan and everyone effected from LRR at bahria Town, please comment on thread 73908 on this site.

Lets get together to sort out this issue.
Naveed replied on Friday, June 12, 2015 07:57 AM 

AOA @all,

Any updates about LRR 11 June meeting?
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