Lahore Real Estate Forum

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Tuesday, October 22, 2024 08:26 AM
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(61637)
   Ali Hamad
Monday, May 4, 2015 12:10 AM PST 
Reply: >
Dear,

Please can you tell me the difference between
DHA Phase-9,
DHA Phase-9-10
or DHA 9 TWON.
CMY replied on Monday, May 4, 2015 12:44 AM PST 

Before every file was called DHA 9/10. DHA renamed it to DHA 9. Part of DHA 9 or its first blocks A B C D were called DHA Town. Any files outside of old DHA 9/10 or DHA9 proper or DHA town and on other side of Hudaira drain are called DHA 9 extension to date. After ballot they will rename DHA 9 extension to DHA phase 10.


DHA 10 is in very very early stage with currently less than 1000 files. That will be next big thing for DHA Lahore proper.



I hope my answer was some help to you.



Choudry Mujahid Yasin ( CMY )

Info@LREPK.Com
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(61636)
   azad
Monday, May 4, 2015 12:06 AM PST 
Reply: >
Dear CMY Sahib:

I purchased two AFFIDAVIT files 05M and 10M respectivelly of Phase-9 through Lahore RealEstate (LRE from Ch.Saeed and Mr. Hassan Raza) and received intimation letters only and returned back to KSA.As balloting is due on 15May, 2015, therefore, please be informed that my files will be included in the ballot or not.

sorry for repeting question as it was not answered earlier
CMY replied on Monday, May 4, 2015 12:09 AM PST 

Azad bhai 100% assurance they will be in ballot.
CMY replied on Monday, May 4, 2015 12:13 AM PST 

I must have said Insha Allah in above reply .

Insha Allah will make it almost 100% sure thing.
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(61635)
   Abu-Bakar
Sunday, May 3, 2015 11:50 PM PST 
Reply: >
Dear CMY,
Seeking your advice for 4/8M Commercial in DHA.
Which phase has the lowest rate that can give a reasonably good gain in short/long term - A ball park figure will do.

Thanks.
CMY replied on Monday, May 4, 2015 12:00 AM PST 

Lowest rate is low for a reason.

Lowest rates alone are not good enough to make any investment.
Abu-Bakar replied on Monday, May 4, 2015 12:11 AM PST 

Thanks CMY.
Should I be thinking of Phase9 1K(Res) or 4M(Com)then. If yes, should I wait until the issuance of intimation letters starts?

Any idea if DHA Lahore is planning/expecting to Launch "NEW PHASE" in near future?
CMY replied on Monday, May 4, 2015 12:55 AM PST 

If going for commercial must do before ballot. After ballot you may have to add or pay FULL development charges upfront at transfer. Same for files its better to buy it before ballot so you dont have to add development charges amount in you cost.
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(61634)
   Sara
Sunday, May 3, 2015 11:47 PM PST 
Reply: >
CMY Sb I want to build a house and want to buy land during this year and than after three to four years Insh Allah start construction of the house.

My budget is 40 LAKH can you kindly please advise what choices I have to buy at least ten marla plot or bigger - Thanks
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(61633)
   Ashfaq Khan
Sunday, May 3, 2015 10:58 PM PST 
Reply: >
DHA 9 ONE KANAL FILE
Dear CMY Sahib

Is it financially viable to buy DHA 9 one kanal file at around Rs 63 lacs? Kindly reply.

:h :h :h
DURRANI replied on Sunday, May 3, 2015 11:11 PM PST 

Very much viable
CMY replied on Sunday, May 3, 2015 11:24 PM PST 

Yes Ashfaq bhai 99.999% its possible. Let me explain why?


If prices of DHA9 reaches 153 Lacs in 5 years for its plot you will make 65 lacs with your current investment for next five for only 65 lacs. You will only get file transfers and will not pay any development charged til you sell.

Your investment cost for kanal including transfer costs is 65 lacs

Your fine amount for non payment development charges for 5 years about 4 lacs


To double your money you need 129 lacs. Buyer will pay development charges 19 lacs at sale price of plot at 153 and you will pay fine of 4 lacs. You will get net profit of Rs 65 lacs on only 65 lacs investment for next 5 years. That is 100% gain.

DHA administrator said on Z block ballot he is going to start 24 hours development work to complete in DHA8. A tender for fast track development work to complete it in less than 3 years from start of work to be given in news papers soon. Perhaps even before ballot. DHA Lahore now have formed their own marketing team under new administrator that is working hard to improve DHA Lahore image and marketing skills. They are going to offer houses and apartments on installment in DHA Lahore phase 9 so they need fast track development to make their job to sell those at best prices.


I am told he also told to people close to him he intend to award development contract for DHA9 on fast track basses and want to see work done 24 hours to complete it in record time. Max 3 years. But I will add 2 more years looking at slow pace in past phases.

Even if plot possession is not given its price will be above 153 lacs. if possession is give its price will be like DHA6 today at 200 crore. Keep in mind in five years inflation must be added to today's price of developed ready to build plot. DHA 6 plot then will be at 3.5 crore and DHA 7 at 2.50 crore in 5 years from today on day you will sell your DHA9.

Lahore Ring road southern loop will be complete by than. Even if not a single road is made in DHA9 after 5 years.


You will gain 100% in five years on only 65 lacs amount you will be locking today for DHA9 one kanal file.

If any one disagree I want to know reason or logic like me to disagree. I love serious debate. And enjoy posts of people who disagree more that who agree with me :) :) :))))))


Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com
Ashfaq Khan replied on Sunday, May 3, 2015 11:53 PM PST 

Dear CMY sahib,

Many thanks for your comprehensive reply. There are many reasons that we respect you and love you.

May Allaah bless you whatever you want.
k noor replied on Monday, May 4, 2015 12:04 AM PST 

Mr.CMY I partially agree with your future vision of Ph 9 but I dont agree that is the right time to buy a file... as per my opinion if you want to get the benefit from Ph 9 be patient i repeat BE PATIENT AND HOLD YOUR HORSES.... best time to buy a file would be 2-3 months after balloting as at that time there would be expected to be selling pressure in view of large quantity of plots and tendnecy to take profit....THUMP RULE FOR PROPERTY... INVEST WHEN MARKET IS DOWN AND LEAVE THE MARKET ONCE PRICES ARE GETTING HIGHER >>> TC
Rana replied on Monday, May 4, 2015 12:08 AM PST 

CMY Sahib,

Your Analysis is right according to the present conditions of the Country. I think even there is no place in world to give you such percentage of gain in few years.

I personaally observed with the passage of years even on worst conditions in country,the best Business in world is the real estate Business in Pak.

International politicswise, economically and geologically Pak is very important even its having lack of security.

Can someone imagine in this Situation you are gaining without any headach, what could you gain if conditions were as in europe and USA.

As Mr.CMY told everyone should think, see past 5 years records of Prices, and take Action, not just Keep thinking and thinking till you miss the Train.

ist said, " think before you speak". Its never said, "think before you quite".

If i don't mistake, The price of one Kanal of dha.9 was 15 lac and now 65 and so on........

Rest Almighty the Creator knows Best.

Regards and good luck,

Rana
Germany
Ashfaq Khan replied on Monday, May 4, 2015 12:20 AM PST 

@ k noor

It is good that we have positive discussion at this forum. I don't say you are wrong but please note buying file today would have a chance to get good location plot and after ballot it might be impossible to get good location plot at desired rate like Rs 65 lacs today.
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(61632)
   Malik
Sunday, May 3, 2015 10:28 PM PST 
Reply: >
The Dunya News Given on your website regarding balloting of phase-9 is true?
CMY replied on Sunday, May 3, 2015 10:39 PM PST 

Yes
Muzzamil Hameed replied on Monday, May 4, 2015 12:57 AM PST 

dunya , nawa-e-wakt , dawn , Express tribune , billboards in DHA , what else do u need to be sure?
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(61631)
   Rahza
Sunday, May 3, 2015 09:08 PM PST 
Reply: >
will we have a chance ?
Dear CMY ,
i have a query about going out and again enter into DHA. Means after ballot of Phase 9, someone sale the plot and buy in dha multan or somewhere else for investment purpose. So will there by any chance to come back and buy in DHA-9.(with small investment). Like if i buy in DHA Multan 1 Kanal file...and wait for a while for enough profit. So is it possible that this 1 kanal give me such amount so that i can buy 5 or 10 marla plot in dha 9 after adding a little more amount ?
Jameel replied on Sunday, May 3, 2015 09:24 PM PST 

Not a good idea
Compare Horse with Horse
subhani replied on Sunday, May 3, 2015 09:56 PM PST 

dear sir

pls find the 1 file sales phase 9 1 kan urgent

what is rate
SUBHANI replied on Sunday, May 3, 2015 10:01 PM PST 

pls tell me urgent what is rate

im UAE
KSAPakistani replied on Sunday, May 3, 2015 10:14 PM PST 

current rate is around 68.
CMY replied on Sunday, May 3, 2015 10:44 PM PST 

1 k @ 63.50
10 m @ 43.5
5 m @ 27.5
4 m @ 210
8 m @ 350

Buyers 70%
Sellers 30%

Sunday prices. Generally market is closed. But some office do open Sunday for house showing etc

Choudry Mujahid Yasin ( CMY )
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(61630)
   ali 123
Sunday, May 3, 2015 08:54 PM PST 
Reply: >
dha phase 9 town files
Dear CMY and experts,

What about phase 9 town files ??? Would they be also balloted along proper phase 9 or what ? What would be benefit of buying them at higher price ?
Jameel replied on Sunday, May 3, 2015 09:26 PM PST 

This suspense will be clear after the map, If you are holding keep it if you planning to buy don't do that
Malik replied on Sunday, May 3, 2015 10:29 PM PST 

i dont think so
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(61629)
   umar
Sunday, May 3, 2015 08:46 PM PST 
Reply: >
DHA Phase 9
AOA,

Is it still worth it to buy 5 Marla phase 9 file @27. Or it is better to buy after balloting.... THANKS
Jameel replied on Sunday, May 3, 2015 09:27 PM PST 

I guess still it good Buy, unless all 5 Merla are at Nallah.
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(61628)
   Rana
Sunday, May 3, 2015 08:30 PM PST 
Reply: >
ph.7, X block possession
Dear CMY Sahib,

Do you have any idea about ph.7 X block Possession?
Please share your expertive detailed vieuws.

Thanks a lot,

RANA
Jameel replied on Sunday, May 3, 2015 09:28 PM PST 

It ready Max 12 Months
Jameel replied on Monday, May 4, 2015 12:34 AM PST 

Except few Pockets all, see the development before you purchase, If Roads are Straight and Carpeted then there is no Land issue buy, If you see that roads are left, or Interrupted then it is Land Acquisition issue, Stay away from that area or Buy at very good Bargain [ Better leave it]
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