Lahore Real Estate Forum

Saturday, November 16, 2024 09:09 AM
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(66931)
Sunday, July 12, 2015 07:19 AM PST 
Dha Multan or Gujranwala?

Please advice which on is better and approx price of both!!

AG replied on Sunday, July 12, 2015 10:53 AM PST 

If objective is investment and not building a house then Lahore is much better option bcz it is bigger market and it grows regularly and constantly.

Sajid replied on Sunday, July 12, 2015 12:50 PM PST 

DHA Multan is better.

Aju replied on Sunday, July 12, 2015 01:42 PM PST 

Dha multan

11khan replied on Sunday, July 12, 2015 03:26 PM PST 

Thank you all!! @ AG, bro lhr is better but my budget is limited!!

Ahmet replied on Sunday, July 12, 2015 03:47 PM PST 

1 kanal is around 2.8m in both societies. I am in the same boat as you. Unable to decide between Gujranwala and Multan. I wish Multan had a 10 marla so I could have invested in 10 marla in both societies.

Anyway, I think Multan has more short term gains while Gujranwala will be a bigger winner in the longer run.

11khan replied on Sunday, July 12, 2015 05:22 PM PST 

Thank u Mr Ahmet for the input!! Me very confused!!

Hammad replied on Sunday, July 12, 2015 06:15 PM PST 

As per my understanding,
location wise DHA Multan is much better than DHA Gujranwala, but being close to Lahore, DHA Gujranwala seems more attractive.. Don't know how we can compare these two.

Ali replied on Sunday, July 12, 2015 06:38 PM PST 

DHA Multan may be better considering that Multan will be a bigger market than Gujranwala. The reasons are two: Gujranwala is close to Lahore and hence the prospective buyer can have an alternate option of buying it in Lahore while for Multan and its adjoining districts it will be only choice. Further, the location of GWA DHA is towards Rahwali i.e away from Lahore side further giving an incentive to buyers to invest in Lahore.

11khan replied on Sunday, July 12, 2015 06:54 PM PST 

Thanks Hammad!! ALI you are spot on, if Gujranwala thn why not Lahore!

AG replied on Sunday, July 12, 2015 10:14 PM PST 

with smaller budget go for smaller size but Lahore

Ahmet replied on Monday, July 13, 2015 01:22 AM PST 

11khan, try to visit
dha Gujranwala office or speak to people of Gujranwala. You'll know why Gujranwala.

11khan replied on Monday, July 13, 2015 08:06 AM PST 

Ahmet, m confused
AG, less money for lhr.

11khan replied on Monday, July 13, 2015 08:08 AM PST 

Please also tell me, why sometime i cant submit my reply? i keep on trying for hours but invain.
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(66930)
Sunday, July 12, 2015 06:50 AM PST 
DHA 9 Town NOC Issues

Ad Type
City
Scheme
Phase
Block
Dealing
Lahore
9 Town
9
A
AoA,
As we all know that DHA has announced pocession in DHA 9 town. I just wanted to know is it possible that DHA didn't release NOC letters for a few of plots in the same area?

Actually, I have booked a plot in A sector through my dealer but he is saying for the last 2 months that NOC for that plot has not yet been sent by DHA to the owner of the plot. If I think logically, it doesn't make any sense because how DHA could then give pocession for an area where NOC letters are not yet released? What's a point of pocession then?

Please shed some light on it so I can have a true picture. Also, is there any way by which I can cross verify if the DHA has actually released NOC or not by visiting DHA office? I'm ready to pay for this service if there is any.

Please let me know...

Thank you!

Jameel replied on Monday, July 13, 2015 07:23 AM PST 

I Think you are confusing, DHA is Housing society. Its NOC is related to Clearance of Dues. DHA 9 Down was alloted to Shuhda by GHQ 8 years Back to widows of Shuhda and needed NOC by GHQ that may still be pending.
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(66929)
Sunday, July 12, 2015 04:35 AM PST 

I have a plot in bahria orchard got the possession.what do you suggest should i sell it or hold it. i have the holding power

FQ awan replied on Sunday, July 12, 2015 09:06 PM PST 

Dear kiani, why are you in a hurry mode.you should stay in orchard ,you can't understand, what is going to happen in bahria orchard's
prices, see and wait a little more.Do n't beat about the bushes.particularly, bahria orchard lco blocks have a very big potential in near future.please do n't waste your time and money by investing here and there .stay cool.

Jameel replied on Monday, July 13, 2015 03:18 PM PST 

Hold
For any property On ground developed property in Bahria, Due to MZ Factor it is wise to Hold as it is temoraray slump in Bahria
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(66928)
Sunday, July 12, 2015 03:35 AM PST 

Dear Mr fawad and Mr Rashid and other experts on this forum can you please evaluate value of L 938 prism 9 corner 1 kanal and please advise should i hold or sell this location if i have 5 years holding power.

Mian Fawad LRE replied on Monday, July 13, 2015 12:29 AM PST 

Market Value Of Your Plot No. L-938 In
DHA Lahore Prism 9 Is Rs. 60-61 Lacs.(Excluding Development Charges).
Your Plot Is Facing Boundary,You Should Sell This Plot And Buy Good Location Plot In Prism 9.

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM
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(66927)
Sunday, July 12, 2015 03:18 AM PST 
DHA Lahore Prism 9 Prices Update July 11, 2015

DHA Lahore Prism 9 Prices Update July 11, 2015

DHA Lahore Prism 9 Block A 75 To 90 Lacs (One Kanal)

DHA Lahore Prism 9 Block B 58 To 85 Lacs (One Kanal)

DHA Lahore Prism 9 Block C 56 To 85 Lacs (One Kanal)
DHA Lahore Prism 9 Block C 46 To 53 Lacs (Ten Marla)

DHA Lahore Prism 9 Block D 57 To 90 Lacs (One Kanal)

DHA Lahore Prism 9 Block E 57 To 83 Lacs (One Kanal)

DHA Lahore Prism 9 Block F 57 To 85 Lacs (One Kanal)
DHA Lahore Prism 9 Block F 46 To 52 Lacs (Ten Marla)

DHA Lahore Prism 9 Block G 70 To 82 Lacs (One Kanal)

DHA Lahore Prism 9 Block H 57 To 82 Lacs (One Kanal)

DHA Lahore Prism 9 Block J 22 To 31 Lacs (Five Marla)
DHA Lahore Prism 9 Block J 40 To 47 Lacs (Ten Marla)

DHA Lahore Prism 9 Block K 24 To 32 Lacs (Five Marla)
DHA Lahore Prism 9 Block K 41 To 50 Lacs (Ten Marla)
DHA Lahore Prism 9 Block K 60 To 75 Lacs (One Kanal)

DHA Lahore Prism 9 Block L 23 To 24 Lacs (Five Marla)
DHA Lahore Prism 9 Block L 40 To 47 Lacs (Ten Marla)
DHA Lahore Prism 9 Block L 55 To 85 Lacs (One Kanal)

DHA Lahore Prism 9 Block M 55 To 78 Lacs (One Kanal)

DHA Lahore Prism 9 Block N 56 To 78 Lacs (One Kanal)

DHA Lahore Prism 9 Block P 60 To 87 Lacs (One Kanal)

DHA Lahore Prism 9 Block Q 60 To 85 Lacs (One Kanal)

DHA Lahore Prism 9 Block P 60 To 87 Lacs (One Kanal)

DHA Lahore Prism 9 Block R 26 To 38 Lacs (Five Marla)
DHA Lahore Prism 9 Block R 41 To 51 Lacs (Ten Marla)
DHA Lahore Prism 9 Block R 57 To 65 Lacs (One Kanal)


(********All Residential Plots Prices Of DHA Lahore Phase 9 Prism are EXCLUDING Development Charges. DHA allow transfer with out development charges. Buyers will pay development charges in future On installments*****)

DHA Lahore Prism 9 Map:
http://www.lahorepakistan.net/maps/DHA-Lahore-Phase-9-Map-Prism-9.html

For More Detail Or Buying Selling In DHA Lahore Prism 9:

Mian Fawad Ahmad
Lahore Real Estate
Cell: 03024489001 (Viber,WhatAapp,Line Available)
Email: INFO@LREPK.COM


Ali replied on Sunday, July 12, 2015 06:54 AM PST 

Why rates of A and D blocks are comparatively higher....???

Lahore Real Estate replied on Sunday, July 12, 2015 11:50 AM PST 

A is very clean block no negatives at all. Next to developed Askari and DHA town.


D next to Golf course and only block with 2 kanal plots.

Both A and D to get developed and handed over first as early as 3 years. Just like DHA7 R P blocks its Prism blocks A B C D P Q will have possession 1st.

Janni Bhai replied on Sunday, July 12, 2015 07:45 PM PST 

Why Prism R-Block is on lowest side regarding
prices of 1-K plots, is there any specific reason or is due to its isloation from the other Blocks? On map its don't looks to be worst located Block, as it is near to DHA Town and may be one the blocks which will be developed earlier than other blocks. LRE team and other experts please put some light on it. Thanks
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(66926)
Sunday, July 12, 2015 03:04 AM PST 

How LAHORE RING ROAD will impact BAHRIA TOWN LAHORE?
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(66924)
Sunday, July 12, 2015 12:22 AM PST 
Investment advice needed for investing 12 LAC to 15 LAC

@all experts and specially jameel sb..

One of my frnd wants to invest 12 to 15 lac in real estate... Please advice some low risk investment options in this budget.. He can hold for 2-3 years...

Regards...

RA replied on Sunday, July 12, 2015 02:30 AM PST 

@aju what about nfc2 5 marla???

Zafar replied on Sunday, July 12, 2015 08:08 PM PST 

oh Mr Jameel...you are really having Real Estate Deep info... :)
but one must stay away from Eden Ferozpur Road...totally risk there....

RA replied on Sunday, July 12, 2015 09:42 PM PST 

@jameel sb... Thanks for such a detailed info... Thanks a lot...
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(66923)
Sunday, July 12, 2015 12:19 AM PST 

Suggest best dha commercial investment for 375 lacs for 3 years??

Ali Amir replied on Sunday, July 12, 2015 12:41 AM PST 

Phase 9 commercial has great potential, especially due to attractive
location within the phase and access to a much larger population base (given the massive number of plots in phase 9)

Jadi replied on Sunday, July 12, 2015 01:24 AM PST 

What about 8 marla Commercial Broadway??

Info replied on Sunday, July 12, 2015 01:25 AM PST 

Keep in mind that residential of phase 9 will at least take 7-8 years to get developed and without residential area, commercial has no value.

Ali Amir replied on Sunday, July 12, 2015 01:57 AM PST 

Info - commercial becomes more valuable when the residential areas are developed. However, the price appreciation happen continuously with the development activity. Phase 6 is now fully developed so good 4 marla commercial plots are for 8 crores..Phase 9 commercial is going to be even higher when it fully develops in say 5-6 years

Ali replied on Sunday, July 12, 2015 02:20 AM PST 

Any comments on Phase-8 Commercial Broadway investment future?

Info replied on Sunday, July 12, 2015 02:31 AM PST 

Actually price of commercial stagnates without residential and this has happened in case of all DHA commercials and even Bahria commercial.

Ali A replied on Sunday, July 12, 2015 02:48 AM PST 

Thanks info but don't fully agree with your comment.
Prices don't have a binary trend ie increasing from 20 million to 80 million in a year - there is always a trend. That said - I agree with you that there are sharper increases once the residential activity fully picks up - which I categorize as additional upside. Phase 8 commercial Broadway is a good opportunity too - but good location plots as opposed to files.

Brotherly Advice replied on Sunday, July 12, 2015 03:01 AM PST 

Brother Jadi;
Add another 125 to 150 lacs and go for 8 Marla commercial in CZ1 facing 150 ft road.
As CMY said prior to balloting that phase 9 commercial will be a winner as now dha has learned from phase 6 to avoid smaller size commercials .. So if phase 6 4 Marla for good
location is 8 crore plus then one should easily anticipate for 8 Marla on CZ1 to get beyond 14 crore mark up after development is completed .
But one has to wait for another 5-8 years to get this added capital gain.
Rest Allah Knows the best.. We can only predict ...
You will not get good location in phase 8 commercial for 5 crore or 3.75 crore. All options are these prices are boundary locations.. You must clearly understand the basic rule in commercial business and that is location location location

Ali A replied on Sunday, July 12, 2015 03:08 AM PST 

I agree.

AG replied on Sunday, July 12, 2015 03:24 AM PST 

Commercials depends on population. Keep it in mind you will only be having a running business when area is fully developed. You should think when DHA-9 will get developed before buying a commercial.

Developers are creating more commercials and selling small area on high price and innocent people are getting trapped. DHA-9 commercial is good if you are buying for next generation.

Visitor replied on Sunday, July 12, 2015 03:37 AM PST 

Phase 8 - Commercial Broadway is also good, but in my opinion not as good as Phase 9 commercial plots (civix zone 1, 2 and oval complex).. That said, Phase 8 commercial broadway has good potential too. My recommendation would be phase 9 commercial - once the price stabilizes

Real Estate Advisor replied on Sunday, July 12, 2015 03:39 AM PST 

Brother Jadi;
Add another 125 to 150 lacs and go for 8 Marla commercial in CZ1 facing 150 ft road.
As CMY said prior to balloting that phase 9 commercial will be a winner as now dha has learned from phase 6 to avoid smaller size commercials .. So if phase 6 4 Marla for good
location is 8 crore plus then one should easily anticipate for 8 Marla on CZ1 to get beyond 14 crore mark up after development is completed ...
But one has to wait for another 5-8 years to get this added capital gain.
Rest Allah Knows the best.. We can only predict

Info replied on Sunday, July 12, 2015 03:46 AM PST 

Thanks Ali A and you can always disagree with me but getting around 2.5 times the return in 10 years for phase 9 commercial aren't good returns in my opinion.

Let me just give one example that phase 8 Broadway was launched in 2004 at very high price and it has only one 8 Marla building on rent (Meezan bank) after 11 years. That's the reason there are always 15-20 Broadway commercial plots on sale at one time. It doesn't directly cater to any residential area and that's why price increase has been slow as compared to phase 6 CCA or MB. In 2011, phase 6 commercial 8 Marla was 270 lacs while Broadway 8 Marla was 325 lacs. Now CCA 6 commercial 8 Marla facing parking is around 1200 lacs while that of Broadway is around 900. Similar is the case with MB phase 6 and rent potential in phase 6 CCA is much higher.

Actually this cycle of development has been followed in all DHA phases and there is no reason that why it wouldn't be followed this time. Just look at the
prices of phase 7 commercial in the last 3 months and you may be surprised to find out the gains. Phase 9 time may arrive but it isn't the right time to invest in phase 9 commercial at this time in my opinion. Regards.

Ali A replied on Sunday, July 12, 2015 04:34 AM PST 

Very fair, thoughtful, fact driven and convincing arguments. I kind of agree with your analysis. So in your opinion what would be the most promising commercial investment in DHA at this stage?

P7 replied on Sunday, July 12, 2015 06:24 AM PST 

@info
What is latest price of Phase 7 Q block commercial 8 marla
near parking
Thanks

Prism Commercial Rocks replied on Sunday, July 12, 2015 12:03 PM PST 

Prism commercials will serve 25000 plots. Broadway commercials dont even have 250 plots to serve. CCA in DHA8 to serve DHA8 all plots.

Prism commercial
prices rose close to 100% in past year. How much Broadway commercials lost in one year.

Prism partial possession to start 3 years from today with fast track development. Ending will full possessions at max 5 to 7 years.

Z1 commercial plots of Prism will serve Askari 11 and DHA town and Prism developed blocks A B C D P Q R due to fast track in three years from now. DHA to offer start giving possession in parts like it gave possession in R P of DHA7 etc.

usa_expat replied on Sunday, July 12, 2015 12:49 PM PST 

what would be the best block to invest in Prism commercial?
Z1/Z2/Oval complex?
Thanks,

Brotherly Advice replied on Sunday, July 12, 2015 01:12 PM PST 

Hot cake will be CZ1... Let's review the below facts
1- CZ1 first to get possession due to earlier development of adjacent phases in Prism like LRE mentioned A,D,C,B,P and Q
2- CZ1 is next to golf course
3- CZ1 is next to only 2 kanal houses in Prism
4- CZ1 has four 150 ft roads connecting just like oval complex
5- CZ1 has highest number of 8 Marla commercial plots
6- CZ1 has close proximity to Dha town and Askari

But as I said before
Location is a key... Only go for main road 8 Marla facing 150 ft road.

Ahmet replied on Sunday, July 12, 2015 05:17 PM PST 

Prism Civic Zone plot range #1 to #61 are gold mines. Best locations to invest and build a 7-8 floor plaza. Or just hold for capital gains. Price will easily top 12 crores in 5 years. Close to block A & Q, Golf course, on 150" road, in proximity of DHA water park etc - there's nothing that can go wrong with these golden plots. I believe these are available at 5 crore at the moment. Add another 125 and go for these. You wont have to worry about cash flow for the rest of your life if you build a plaza here later on :)

MMA replied on Sunday, July 12, 2015 10:57 PM PST 

Hi All, Great discussion on commercial and very informative. I have 8 marla Commercial on CZ1 Phase 9 on 150 foot road. Now I am thinking of getting a 4 Marla for investment at around 2 Crore budget.

Any suggestions ? Should I go for phase 9 or go for 7 ? I will plan to build inshallah.

khalid Mehmood replied on Sunday, July 12, 2015 11:58 PM PST 

In some one has budget and time of three to five years, phase 9 Z1&Z2 commercial 8 marla are much better choice of DHA investment.
Main 150 fit road 8 marla plots are first choice and main 80 fit road plot of 8 marla commercial also good with batter
prices.
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(66922)
Saturday, July 11, 2015 11:59 PM PST 

Dear LRE could you please evaluate plot No 117 in Tulip Block Bahria Town Lahore. Thanks

11khan replied on Sunday, July 12, 2015 07:16 AM PST 

Anyone
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