Lahore Real Estate Property Discussion Forum

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(62203)

awan

Thursday, May 14, 2015 08:36 PM PST

Reply:

where to invest either DHA Multan or DHA REHBAR 2 OR ANY ELSE
AOA CMY Sb.
In 2011, 50 lac spare investment was in my hand. I purchased a 7 Marala plot and constructed a house in punjab small industry society near LUMS university in 2011 on the recommendation of my friend and expended 52 lac including plot.i rented this house. Now if i sale out this house, its value is 70 to 75 lac. So i gain only 20 lac approx profit on my this investment if include rent than 28 approx.
Now when i read yr previous posts and valuable advice to user of this web site, i think that my decesion reagarding construction of house and rented it, was a wrong decision.If i invest 52 lac 5 years before in any yr suggested DHA phase or any society, i earns reasonable profit rather than construct a house.
Now i decided to sale out this house and invest 70 to 75 lac amount to DHA Multan or DHA Rehbar because have spare investment for me for incoming 5 to 10 years. please suggest me yr valuable opinion/ recommendations.please reply CMY bhai. Regards

WACA replied on Thursday, May 14, 2015 08:47 PM PST

NFC Phase 2 k block is safe from LRR?and when would it got deveopled?

AKHTAR replied on Thursday, May 14, 2015 09:12 PM PST

DHA Rehbar is first choice

AKHTAR ABBAS replied on Thursday, May 14, 2015 09:47 PM PST

One thing I suggest you to see the approach.Opproach wise NFC2 is far better option for investment purpose.
Dha Multan is 2nd option
Dha Rahber is 3rd option

(62202)

MTa

Thursday, May 14, 2015 07:56 PM PST

Reply:

Ad Type

City

Scheme

For Sale

Lahore

Phase 9

Dear CMY,

Where can we get invitation to attend balloting tomorrow?

M replied on Thursday, May 14, 2015 08:47 PM PST

AOA CMY, Sir I am the person who sent you an email to check if my plot is included in balloting since I purchased on May 8th. Sir I seek a advise from you. I have 5 marla file in phase 9 prism. Chances are it wont be balloted tomorrow but later on sometime. Can I invest little more and get 10 marla in phase 9 Extension and sell my 5 marla Phase 9 prism. Will you suggest that? You get more land for almost same price. Also you mentioned there are some issue with Phase 9 extension permission to build etc. Is that is going to impact. Please note I am looking for long term planning and eventually like to get one kanal in DHA Lahore to build a house..so I am taking baby steps..i plan to move 10-15 years from now. Please kindly advise Mr CMY..Other brothers please feel free to comment.

(62201)

jedddah

Thursday, May 14, 2015 07:24 PM PST

Reply:

Can we check the ballot result tomorrow or day afetr by CNIC no only? :h :h

Jedddah replied on Thursday, May 14, 2015 07:26 PM PST

Sorry : DHA ph 9

KK replied on Thursday, May 14, 2015 07:42 PM PST

Brother...
They will post whole ballot results on website in few days... You can see all ballot result sheets

Jedddah replied on Thursday, May 14, 2015 08:24 PM PST

result would be against CNIC or allotment No

MUZZAMIL replied on Thursday, May 14, 2015 10:55 PM PST

only with allotement no.

(62200)

Riaz

Thursday, May 14, 2015 07:06 PM PST

Reply:

NFC-2
Dear CMY,
I have seen in ur recent posts that u have suggested to invest in NFC 2, as it is supposed to be develop very soon. I have come to know that this NFC2 is not approved from LDA. what is ur opinion about it?

Regard
Riaz

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Investor-NFC2 replied on Thursday, May 14, 2015 01:38 PM PST

Dear CMY,
Also there are huge number of Mortgage plots in NFC 2.
then why you recommend to invest in NFC 2?
LRR will also be crossed inside from NFC 2.
Which blocks will be affected and which block and road you recommend and why?

--------------------------------------------------------------------------------
Riaz replied on Thursday, May 14, 2015 02:36 PM PST

any expert plz comment

Abdul Basit replied on Thursday, May 14, 2015 07:25 PM PST

which blocks will be affected by LRR..
bahria town road from multan road,,from where it will pass,,,or through NFC2 Ablock 80 foot road???

Habib replied on Thursday, May 14, 2015 07:34 PM PST

NFC is aprroved by LDA Dated back 2006 even their revuised map in 2009 is also approved

Mortgage to LDA is as per Cluase not that they have Borrowed money from LDA, All societies have to Mortgage Plots to LDa till they open for possession.

still LRR Map is Not Clear Mostprobablt it will not any residential only bed it if intercajnge will affect Commercial at entrance

Rtaz replied on Thursday, May 14, 2015 08:52 PM PST

Dear Habib sab thanks for information but as per LDA website only NFC 1 can be seen in its list of approved societies...nthing aboit nfc 2. which can be confirmd right away. kindly correct me if its wrong.

Also waiting for cmy sab's guidance.7

Malik Aftab replied on Thursday, May 14, 2015 10:10 PM PST

1. Its society development clause that every developer should mortgage 30% plot as surety against possession on given date. If developer fail to deliver then it is to be LDA to sale mortgage plots and start development of society on its management behalf. So its a plus point that we have some security against our investment. Sooner or Later.
2. There is no such news of LRR passing inside NFC 2. It will more costly and will fail to serve purpose of LRR. NFC 2 is approved since 2006 and there is no change to run LRR over this society.
3. There is no block being hit by LRR flood its just boundary plots of Block A & D or G. Just avoid boundary plots and wait for 3 months to invest until you get clear map of LRR.

But I believe buy in panic and sale in stable market it will pay you more then usual time. Dealers and some speculators are active voicing over LRR and claiming NFC 2 plots at much lower rates. Be in the league and earn your reward by closely selecting plots more near to 150 Feet Road. As per resources A.D.G are first to be developed and its development is going to start form Jan-Feb 2016.

Investor-NFC2 replied on Friday, May 15, 2015 01:29 AM PST

Jazak Allah, thanks to Habib and Malik Aftab for the info. So your advice is to wait for 3 months and then invest in NFC2. Right ?
Can I buy commercial plot on 150 ft road? How much cost and how much marla categories ? Any idea of rate? Investment Budget is around 10-15 millions.

Abdul Basit replied on Friday, May 15, 2015 01:54 PM PST

@ Malik Aftab, and all experts..

i have kanal plot in d block D-87,,,
its safe or can be affected by LRR...as you say LRR passes through A,D,G boundary of these blocks..

2) bahria had stared the road from multan road,its near to complet..
if we stand over the canal and see that,its end and on the other side nfc 2 A block 80 foot road starts,,,just need to build an overhead bridge on canal,,,
will bahria town uses this road or expand the 80 foot road as bahria road will be round about 200 foot..
Thanks ,,

(62199)

UAE

Thursday, May 14, 2015 07:03 PM PST

Reply:

DHA 9

Dear All,

suspense about location is going to be over tomorrow, wishing best of luck to all file holders

(62198)

abcde

Thursday, May 14, 2015 06:07 PM PST

Reply:

Where are todays rates

mahmad replied on Thursday, May 14, 2015 06:58 PM PST

If you start getting curious about price on daily basis then I am afraid you will have blood pressure very soon :)

niazi replied on Thursday, May 14, 2015 07:21 PM PST

haha yes
he should bid on GOLD in online trading.
things move here and there in a matter of minutes (gambling)

property requires much more patience

aslam replied on Thursday, May 14, 2015 07:49 PM PST

Most of the people here have made property biz as stock market and taking too much stress. Checking for rates after every hour. In good old days, property biz was peaceful and long term.

Latifullah Niazi replied on Thursday, May 14, 2015 10:20 PM PST

Mr. Niazi could you please give me your email address. I want some guidance.

niazi replied on Thursday, May 14, 2015 11:34 PM PST

niazi replied on Thursday, May 14, 2015 11:49 PM PST

btw, i am just a novice
CMY sahab here is my guru

(62197)

House Builder

Thursday, May 14, 2015 06:05 PM PST

Reply:

Ad Type

City

Scheme

Dealing

Lahore

DHA

Dear All,

I need to know the cost of building 1 kanal house in DHA Lahore with high quality finish. Further for an overseas Pakistani who cannot supervise day to day construction activity what do you advice as how he can ensure high quality and delivery of his house on time?

If any overseas has a good experience with any builder then please share his contact details.

Thanks

(62196)

Habib

Thursday, May 14, 2015 05:17 PM PST

Reply:

Development charges IVY green /Phase 9

Dear CMY,
As per recent post it looks that Development charges in DHa 9 will be 18/9/4.5
Your Previous esitmate was 21/14/7
pls elborate, if there new authntic information, As this factor will be very important in reslae especilally in small Plots like 10 Merla.
How Long people will remain in darkness, Now IVY Green was Ballotted 45 days back, still there is no official word, Already IVY green average Prices are increased by 2 Lac in [10 merla]. If they are so slow then what to say when they will statrt and complete development.

Jmn replied on Thursday, May 14, 2015 05:43 PM PST

They do make glorious promises but then take their own time in a very slow manner we will see if they full fill the promise of developing Prism Ph9 on Fast Track as they are advertising in Bold. Sorry for the comments but everyone has the same feeling or frustrations.

(62195)

Rahza

Thursday, May 14, 2015 05:06 PM PST

Reply:

Today is the Most Important Ballot for me...
Govt. Hajj Ballot..
Do Pray For my Parents for Getting the Names in the List of Lucky Ones...
aameen

Ovc'z Friend replied on Thursday, May 14, 2015 05:11 PM PST

May Allah Almighty accept your efforts and get your parents to His House, Kaaba Sharif. Aameen

Samiullah replied on Thursday, May 14, 2015 05:24 PM PST

ALLAH aap ko aisay nawazay kay aap khoosh ho jaian, AUR
AAP ALLAH kay aisay banday bun jaian kay ALLAH khooosh ho jay. AMEEN

Amir Khan replied on Thursday, May 14, 2015 05:26 PM PST

May Allah bestow this honour on your parents and all other deserving people in Pakistan and the world. When they are there kindly also pray for the rest of us. Best wishes.

AKHTAR ABBAS replied on Thursday, May 14, 2015 05:57 PM PST

InshAllah your parents name will be in that list of lucky persons.May Allah give us a chance to offer a Hajj in life.

Abdul Basit replied on Thursday, May 14, 2015 06:56 PM PST

Ameen

(62194)