Lahore Real Estate Property Discussion Forum

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(62096)

faiz

Tuesday, May 12, 2015 03:06 PM PST

Reply:

phase 5 M

Dear lre,
AOA, i want to ask what is extra charges (stamp duty, cvt.transfer fee,advance tax,miscallaneous charges) except commission fee for DHA phase 5 M block one kanal.I do not know the dc rate of this block so advance tax will be applicable.

If somebody is interested in phase 5 M block one kanal,is it accessible by road to see exact location of proposed plot so it is not deep or any high tension wire overhead or any obvious drawback.
thanks

(62095)

Phase7

Tuesday, May 12, 2015 02:41 PM PST

Reply:

Dear CMY,

I have a plot in Phase7 P block. I bought it in 2012 and left it there. till now it has gained around 60% of its value.

I am planning some expenses for the future. I can hold it till 1 more year. I want to know if it is a good idea to wait for 1 year and if it will give more returns by that time.

If not, I can sell it now and use the money elsewhere.

thanks

Sheru replied on Tuesday, May 12, 2015 02:50 PM PST

This is a no brainer. Hold it (ideally for 2/3 years) and it will add another 3/4 million atleast. I have been discussing this with various experts including respected CMY and my conclusion is that once the phase 9 balloting is over and settled, you will see a shift of genuine buyers who want to construct home towards phase 7.

Ehsan replied on Tuesday, May 12, 2015 03:43 PM PST

To my knowlege p block of phase 7 is best like w block and also it is next to phase 8.so price should go higher if few house are built.

(62094)

MHI

Tuesday, May 12, 2015 02:09 PM PST

Reply:

LDA Avenue I

Ad Type

City

Scheme

Phase

Block

Plot

Size

Cur. Rate

Lahore

LDA Avenue I

384

10 M

:h What is the current price of K-384 LDA Avenue I?

LRE replied on Tuesday, May 12, 2015 02:37 PM PST

Asslam O Alequm

Dear Sir,

13 to 44 lacs with 6 installments and 15 to 16 lacs with 12 installments. this block is in litigation area.

Asim Irfan
Lahore Real Estate
+92-322-400-34-75
INFO@LREPK>COM

(62093)

CMY

Tuesday, May 12, 2015 02:00 PM PST

Reply:

Bad news. Too many baina holders dealers are under tremendous pressure to sell their files at loss.

Some were Short selling and some were playing last week for baina gains. Both nothing but gamblers.

We are so lucky at Lahore Real Estate. We dont have to go thorough any thing like that. we work only for commissions on deals and dont go for office short or long term investments.

My team has very strict instruction. Never sell any thing you dont have papers in you hand from your clients and never buy any thing on baina or token play personal or office gains. NEVER.

We buy some thing when 100% funds are in bank and ready for intimidate purchase order for full 100% payment even if have to pay extra for all our personal gains on long term. We never invest for office for short or long term gain.

Choudry Mujahid Yasin ( CMY )

MoRam replied on Tuesday, May 12, 2015 02:06 PM PST

CMY, considering this market phenomenon, where do you see the prices today and tom. I feel only these two days of price movement are left out as there may not be any trading time left by Thursday

Habib replied on Tuesday, May 12, 2015 02:30 PM PST

Dear, CMY
Can You tell Till which day transfers of allocation files will take place.
what is rate of affidavit files and what is fate?

PROGRESS replied on Tuesday, May 12, 2015 03:03 PM PST

Dear CMY,

What is the fine rate applicable by DHA if development charges installment get delayed.

CMY replied on Tuesday, May 12, 2015 04:38 PM PST

Rule of thumb is keep in mind approximately 25% of development charges at end if you dont pay any installment at all.

Arshad replied on Tuesday, May 12, 2015 08:48 PM PST

Progress: Its 18% per annum interest on outstanding amount.

(62092)

MNI

Tuesday, May 12, 2015 01:46 PM PST

Reply:

Can you plz post current trading rates of Phase 9 files?

5 Marla
10 Marla
1 Kanal

Thanks, javascript:emoticon(':h')

(62091)

Usman

Tuesday, May 12, 2015 01:22 PM PST

Reply:

I have one plot in Golf View Residencia bahira town lahore

What is status of development in Golf View Residencia.

I should hold this OR sold this

Sheru replied on Tuesday, May 12, 2015 02:13 PM PST

Depends on where in Golf view residencia. With the current LRR southern loop plan that is being circulated, it looks like Bahria Golf is one of the most affected.

Usman replied on Tuesday, May 12, 2015 02:17 PM PST

This is in Northern Zone
What is LRR southern loop plan??

Sheru replied on Tuesday, May 12, 2015 02:26 PM PST

Lahore ring road Southern loop is the remaining portion of lahore ring road which encircles lahore. The northern loop (connecting DHA, airport etc) is already complete) and the government announced construction of southern loop officially a few days ago. Yesterday, the tenders have been requested for the construction. No body is sure of the exact map yet but with its tentative location, it appears that the ring road is passing through Bahria Golf Residencia.

usman replied on Tuesday, May 12, 2015 02:50 PM PST

What do you suggest; I should sale this immediately OR hold

Sheru replied on Tuesday, May 12, 2015 02:56 PM PST

@Usman I will not misguide you nor am I in the position to advise. I have just stated certain information which could very well turn out to be incorrect so I suggest you do your own research and then decide. It might be the case that your plot is in the non-affected zone or for that matter, it could be that ring road does not even pass through Bahria Golf residencia. Nothing is confirmed as of yet so may be worthwhile investigating it first or holding it until things are clearer.

usman replied on Tuesday, May 12, 2015 03:02 PM PST

Thanks for your bit piece of advise. I will investigate this by some other people.I'm actually outside country that's why I'm much worried what is going on in realities.

(62090)

Muhammad asad waheed

Tuesday, May 12, 2015 01:14 PM PST

Reply:

I got a 5 marla file in phase 9 transferred yesterday. Is it mandatory to get membership fee done for ballot?

CMY replied on Tuesday, May 12, 2015 01:40 PM PST

In allocation to allocation transfer no need to worry because only name changes. Its one allocation number that will be carry forward. Ballot is done by using allocation files number to match it with plot number.

There could be other problems like a legal hold due to past deals or disputes etc. Any one could get his file verbally checked from DHA counters for legal troubles. If you want to be 100% sure that your file dont have any hold or legal problems you can pay rs 600 to DHA and have written proof its cleared.

Choudry Mujahid Yasin ( CMY )

Muhammad asad waheed replied on Tuesday, May 12, 2015 01:50 PM PST

I am thankful for a prompt response. I live outside lahore in Sindh so probably option of checking thru DHA is not applicable. Mine is an allocation file. It has allocation letter no 9/OL/00xxxx

CMY replied on Tuesday, May 12, 2015 02:06 PM PST

Please fill out this >>> Ballot Ready check & Ballot Results form

(62089)

Nasheman

Tuesday, May 12, 2015 12:38 PM PST

Reply:

Bahria Nasheman 6 marla House

Ad Type

City

Scheme

Phase

Plot

Size

Road

For Sale

Lahore

Bahria

Nasheeman

marla

house

Last year I bought 6 marla house in bahria nasheeman on installments and the total cost was 45 lacs.basically it is 6 marla but out of 6 marla, 2 marla is for lawn infront of house and it is single story and you cannot extend to futher. So, what should i do? Is it worth to hold or resale? If I hold it for next 2 years then what would be value of this house.

Please comment on it.

Nasheman replied on Tuesday, May 12, 2015 07:04 PM PST

I am looking for some feedback regarding above question. Please respond someone.

(62088)

Tuesday, May 12, 2015 12:36 PM PST

Reply:

what is the location of 8 marla commercial plots in
Phase 9 map

CMY replied on Tuesday, May 12, 2015 02:10 PM PST

Aakhri khabroon tak to 3 Kilometer waley long boulevard per hi they. Allah karey abhi tak waheen hoon :)

Relax my friend map and ballot is only hours away now.

Khalid Mehmood replied on Tuesday, May 12, 2015 02:45 PM PST

Aakhri khabroon k Matabak 8 Marla commercial phase 9 File are on track in 3 Kilometer Long boulevard Road, running very fast. Cant able to catch after Ballot may 15,2015 (Very fast HOT Cake).

(62087)

faiz

Tuesday, May 12, 2015 11:44 AM PST

Reply:

Dear,
AOA, i want to ask what is extra charges (stamp duty, cvt.transfer fee,advance tax,miscallaneous charges) except commission fee for DHA phase 5 M block one kanal.I do not know the dc rate of this block so advance tax will be applicable.

akram replied on Tuesday, May 12, 2015 12:48 PM PST

Dear CMY sab,
AOA . If somebody is interested in phase 5 M block one kanal,is it accessible by road to see exact location of proposed plot so it is not deep or any high tension wire overhead or any obvious drawback.
thansk

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