Lahore Real Estate Forum

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(62181)
Thursday, May 14, 2015 03:21 PM PST 

Ad Type
City
For Sale
Multan
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(62180)
Thursday, May 14, 2015 03:01 PM PST 

7 lac dev. Charges for 5 marla phase 9 is tooo much should be around 9000/marla DHA must review it.

phase nine replied on Thursday, May 14, 2015 03:02 PM PST 

90,000 per marla*
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(62179)
Thursday, May 14, 2015 02:38 PM PST 

Ad Type
Scheme
Phase
For Sale
dha
9
Respected members of this forum. we r getting daily updates about prices of dha 9 files. Still purchase of files is going on When only one day is left in balloting.
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(62178)
Thursday, May 14, 2015 02:05 PM PST 
Due To Error re poting

More over sukh chyen , canal gardens, canal bank society(Gulbahar colony) housing and Mohlanwal housing society r also there. In such chayen one can get 10 Marla 55 to 65 lac. In canal gardens price of 10 mmarla is 38 to 45 lac. However Tricon village and Punjab servent housing society also be there. In both said society u can find 5 to 1kanal constructed home only.
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(62177)
Thursday, May 14, 2015 02:01 PM PST 
dha phase 9 prism prediction valid till 90 days

5 marla range will be 35 to 50 inc dc.
10 marla range will be 52 to 68 inc dc.
1 kanal range will be 70 to 90 inc dc .





mahmad replied on Thursday, May 14, 2015 02:08 PM PST 

Means that those who are holding
files till now have benifit that there is chance that get good location

Fact replied on Thursday, May 14, 2015 02:08 PM PST 

5 marla range will be 27 to 38 inc dc.
10 marla range will be 38 to 52 inc dc.
1 kanal range will be 60 to 80 inc dc

Zahid replied on Thursday, May 14, 2015 02:13 PM PST 

These
prices will be after 10 years

Kamal replied on Thursday, May 14, 2015 02:20 PM PST 

Not in 90 days but after 18 months....

saima replied on Thursday, May 14, 2015 02:21 PM PST 

syed after 90 days?will rise or decline?

syed shoaib replied on Thursday, May 14, 2015 02:38 PM PST 

Cant say before cmy view after 90 days , but one confusion i must clear though seller have to pay all development charges till 90 days it does not meant seller cant take 2 pos from buyer one of cost of land . Second develooment charges :-D u will gain even on worst
location because average bought it in 20 plus two year back 5 marla file.

mahmad replied on Thursday, May 14, 2015 02:41 PM PST 

I had bought 1K in 32 and one in 48 so it is win win situation for me. I am just keeping them to try my luck for some good
location plot . I may be lucky this time :)

SH replied on Thursday, May 14, 2015 03:32 PM PST 

Can anybody please confirm that State life phase 2 is a safe investment since i heard that its not approved from Lda yet.

Rahza replied on Thursday, May 14, 2015 03:34 PM PST 

well surely
prices will go down just after ballot...but if DHA starts development work quickly..as they promised that it will be a fast track project...so may be prices will go increase....

Habib replied on Thursday, May 14, 2015 05:46 PM PST 

Dear Shoiab,
Pls justfy why you think like this
Compare what happened with IVY green pre Ballot file and Post Ballot plot
prices
You kept the ranges very wide tell about Average Plot with +- 2,3
It is Too vague

question replied on Thursday, May 14, 2015 05:53 PM PST 

why would i buy a phase 9 plot at 80 lacs when i can buy a possession plot in phase 7 at 90 lacs.

info replied on Thursday, May 14, 2015 06:33 PM PST 

That's actually the real and logical question.

Anjum replied on Thursday, May 14, 2015 09:16 PM PST 

Buy on speculation sell on news.
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(62176)
Thursday, May 14, 2015 12:57 PM PST 

I guess the property prices in Phase 9 will be under immense pressure after the ballot and I see a 20% reduction/correction in prices because it is simple economics. After the ballot many investors will not like to pay the installments of development charges and would like to sell their plots. As the number of such sellers will increase the price will automatically come down.
Another big factor in the 20% correction of price is Phase 7. An average on ground plot is available at 85 lakhs (ready for possession) and 10 marlas at around 55 lakhs. So there is no point buying a one kanal plot on Phase 9 at 85.
I predict the prices of average plots after 3 months of Phase 9 ballot are:
1 Kanals 70-73 (including development charges)
10 Marla 38-42 (including development charges)
5 Marla 25-26 (including development charges)

UAE replied on Thursday, May 14, 2015 01:07 PM PST 

Dear Haris,

prices gets work phase by phase, depend on location and features etc. like DHA phase 6, 5 Marla peak rate is more than 90-110 lacs which is not even in the other phases. About prism, there are quite cool features, location and its size which you cannot see in any other DHA phase so far, all make this phase special.
one prediction can be like immediate after ballot prices will not be according to prediction, reason diari baz will quit in first six months time then price will get stable and will be gradually increasing. Rest Allah Knows better.

E.A replied on Thursday, May 14, 2015 01:12 PM PST 

Dear Haris,
your analysis looks valid and logical, we can not compare the current
prices of phase 7 with phase 9.., phase 9 will take 5 plus years to get developed,

all these factors will keep prices low,

Thanks

mahmad replied on Thursday, May 14, 2015 01:19 PM PST 

55 lack 10 marla in Phase 7?That cannot be true....I donot see a single 10 marla plot in good societies that are so cheap. In SL1 minimum is 60 .People are dumb enough to make home in SL1 but ignoring dirt cheap in Phase 7....

SIM replied on Thursday, May 14, 2015 01:24 PM PST 

If Phase 9 comes down, the whole market will be pulled along. It is a huge Phase and carries a lot of weight. Other Phases can not stay unaffected.

Haris replied on Thursday, May 14, 2015 01:30 PM PST 

DHA Lahore Phase 7 Plots 10 Marla 48 To 60 Lacs (these are the figures taken from Lahore Real Estate.

We will be very lucky if Phase 9 is developed in 7 to 10 years. Look at the Phase 8. It wont be giving possession for another 3 to 5 years. There are huge holes in Phase 9 which will take years to fill + villages/litigation etc.

So in the next 2 years the prices of Phase 9 will be stable and if not go down.
I am not being a pessimist, just being realistic (baki Allah knows best).
Furthermore the large investors who move the market will be more interested in DHA Multan and Gujranwala.

mahmad replied on Thursday, May 14, 2015 01:38 PM PST 

These may be figures but ground reality is that there is no 10 marla plot worth less than 60 in good society that competes DHA. Even in Paragon you dont get plot in less than 60

info replied on Thursday, May 14, 2015 02:07 PM PST 

Agreed with Haris for several reasons but wouldn't comment as market settles for itself. My general suggestion is to please visit the area in detail before investing.

MMD replied on Thursday, May 14, 2015 02:51 PM PST 

on a lighter note, on Wednesday, May 6 Haris was asking if DHA 9 prism and DHA 9 same project or not... and today he is predicting the future
prices.. :D

mahmad replied on Thursday, May 14, 2015 02:57 PM PST 

claps for MMD

Wasiq replied on Thursday, May 14, 2015 03:30 PM PST 

Good one.... MMD

Rahil replied on Thursday, May 14, 2015 04:29 PM PST 

I wish Prism 9
prices to go down as minimum as it can so I may buy plots as much as i Can :)

SalmanKhan replied on Thursday, May 14, 2015 04:35 PM PST 

claps for WMD

phase nine replied on Thursday, May 14, 2015 04:37 PM PST 

MMD u rock hahaha
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(62175)
Thursday, May 14, 2015 11:15 AM PST 

File of Ms Noreen ending with 4 is ballot ready but your email address entered in ballot results form is not good.

Ali Raza UAE replied on Thursday, May 14, 2015 12:19 PM PST 

Dear Mr CMY,
Please also
prices forecast of 4 & 8 Marla commercial file in phase 9 after ballot next week?
As you mentioned prices for residential plot Good or bad only, i am interesting to have investments in start next week for commercial plot. So what will be best choice in good or bad location prices in start? What prices you expect and guide for suitable for location?

SAM replied on Thursday, May 14, 2015 12:59 PM PST 

Dear CMY,

It means you should admit this that below mentioned charges of 5M reflects little bit your wrong presumption. Your pre-post was showing all these
prices after balloting will be without development charges. What is your opinion ?

Thanks & regards
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(62174)
Thursday, May 14, 2015 07:57 AM PST 
info for investment

Dear CMY and other experts readers of this forum,

I am an over seas employee coming back to Pak after a month.Can any one advise me where i should invest 10 millions to get good gain in couple of years.

CMY replied on Thursday, May 14, 2015 08:41 AM PST 

Malik Nasir bhai kindly let me know area of preference. DHA or Raiwind Road etc

Choudry Mujahid Yasin ( CMY )

MALIK NASIR replied on Thursday, May 14, 2015 10:44 AM PST 

DEAR CMY,

LOOKING ONLY DHA"

CMY replied on Thursday, May 14, 2015 11:04 AM PST 

If you slight chance to make a house in addition to investment go for
DHA Lahore phase 5 M block. With Prism map release it will look so good location after 5 years its price can be same as DHA6 b H J blocks.


If only investment please buy DHA Multan 3 files.


If not comfortable with files buy one corner or large road plot from Prism9 map after ballot.

Choudry Mujahid Yasin ( CMY )

MALIK NASIR replied on Thursday, May 14, 2015 02:20 PM PST 

Dear CMY,
Many Thanks for your reply.Plz be informed that there is no immediate plan of building a house in the near future however the said amount will be for investment pupose only.What do you think about DHA Phase 9 Ext.I should not invest here if possible.
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(62173)
Thursday, May 14, 2015 03:54 AM PST 
What are the major concerns for buying Newly Constructed Home?

Since many people do not have time to build a house and wait for almost 1 year to get settle. People find it easy to buy already constructed homes.

BUT what are the main objectives to be see in builder's home and how we can be safe from dodge from thief builders?

Bricks? Rod Iron? Electrification? Cement?

If anyone have any experience of this subject Please share your views. It will be helpful for everybody. Thanks

Jameel replied on Thursday, May 14, 2015 04:49 AM PST 

If you go for Built House I would prefer to Buy a house which was Built at least 2 years back, Slightly used is better. The Logic is slightly used house is 25% Cheaper than Brand new, Second thing is if it has bad quality every thing opens up in that period, seepage, Poor quality plaster cement etc,
A brand new House no matter how good you are cant judge only professional can tell you about Composition of Motor But about sarya, Plumbing seepage nothing can be judged.
Better get owner built house than thekedar, few signs of personal Construction are
1, Higher level
2, Higher Roofs
3, More Covered area
4, Stairs going on roof.
5, Roof Boundary walls at least 3 feet
5, copper wiring

Thekedar built Houses are easily recognized by less covered area "Spacious" Parking and beautiful elevation.

syed shoaib replied on Thursday, May 14, 2015 05:00 AM PST 

buy owner built homes , ask in neighborhood about that home.take any experience person who can check plaster , woodwork , ventilation ,light bla bla . else u cant see weather rcc lanter or rb . first class bricks or not bla bla and for ur info builders do not use these material only original owners do as cmy used rcc lainter in his home and even in good amount to make it solid so does i . be careful everything shining is not gold .

syed shoaib replied on Thursday, May 14, 2015 05:05 AM PST 

always go for solid , reliable , durable things . as jameel told u but did not agree 2 years old homes are 2% cheaper as cut in cost apply after 4 or 5 years with 1 percent deduction of total amount wuth every year but 4 or 5 years old .

syed shoaib replied on Thursday, May 14, 2015 05:14 AM PST 

Considering jameel sb advice , if an owner build home of kanal in 125 structure cost on 25 lac plot . After two years his plot is 30 but construction rate becomes 90 . He shd sell in 120 . I think this advice is null and void.

syed shoaib replied on Thursday, May 14, 2015 05:21 AM PST 

Usually construction cost increase with time , if some one constructed in 125 after two years he need 150 at least for same level construction , max u can take is 5 lac disscount . 145 plus 30 plot price . 175 Will be real cost of that home . Owner hardwork and profit is not included in above examples

Malik Aftab replied on Thursday, May 14, 2015 06:47 AM PST 

Let me share with you all my survey.
I am looking for a house in Bahria Town and most of them are just paper homes. They were best in look from outside but inner was telling all different story. Seepage was there even before living and when i touched a broken side of corner cement was falling like salt. Cupboards were made of lasani sheets and just an average range of bath fittings and tiles. They were demanding 160 -170 Lacs for 10 Marla New house.

Is their any company or service which can inspect a house for me? Is it worth for buying or that constructor is telling is truth or lies? etcc....

visitor replied on Thursday, May 14, 2015 02:49 PM PST 

Going through the above discussion, i would like to introduce a person who builds houses but with very good quality you can check his work, he will tell you his two arleady built houses and sold. the people living in there can tell you the quality of work and items installed.
i am an overseas pakistani and he is my brother, for some reason i cant give his
contact number here but you can send me e mail at

Engr. Shahid Kamran replied on Thursday, May 14, 2015 03:10 PM PST 

Dear Mlaik Aftab,

We can Inspect houses for your help.

Also we are group of Engineers providing Design & Construction services.
My advise is not to purchase already build home. Its better to wait 6 month and construct your home .This will also cost you less.
Also involve good Engr. with you. He will definetly complete your house in six months or it can e completed in less time while working in two shifts.

Feel free to
contact.
Engr. Shahid Kamran

Musa replied on Thursday, May 14, 2015 09:46 PM PST 

Well I don't agree that 9 town
prices will come down as after possession development work will start and you will inshallah see rapid construction in short time. I know lot of builders who are just waiting for possession. On the other side of hesitant road in ph 6 D block plots are already in price range of 75 to 80 lacs for 5 Marla. So hopefully after possession 5 Marla plot in 9 town you are looking 65 lacs for sure.

People who are comparing developed 9 town plots with ph 9 prism undeveloped plots, doesn't make any sense. This is totally wrong comparison . Yes we can compare Ivy greens with Prism and can say prism will be far better than ivy greens. No offence to ivy greens but I think it's Dha who has mixed up two things in short go....
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(62172)
Thursday, May 14, 2015 02:37 AM PST 
Dha 9 Town 5 Marla plots

Ad Type
Scheme
Cur. Rate
Dha 9 Town
Dear Jameel sahib

Kindly share your thoughts about 9 town 5 Marla plots in coming next 2 to 3 months. Do you think it's a good idea to hold plots for more appreciation or sell them before a week time of possession. I have 3 plots of 5 Marla in B block , back of main. Thanks.

Jameel replied on Thursday, May 14, 2015 02:57 AM PST 

If you can Hold next 3 years when there will be good population then Hold, you should gain about 60%. If you don't want to Hold then sell it before Possession. Selling 2,3 months after Possession is Not good idea as many sellers will hit market. Then you may have to wait at least 12 months when you will get price of Today.

At the same time now you will have to wait for DHA 9 Ballot as after 2 days map is Coming. If 5 Merla are bad Located then your plot will hold its price even will gain a bit otherwise it will drop. The history and Logic of 5X gain in DHA town was people thought that phase 9 Ballot may be delayed many years more, But now it is not the case.
This is because unfortunately or fortunately a big proportion of Property holders are investors. in short term DHA Town will not post any gains
These are all estimates Only Allah Knows every thing.

Ahsan replied on Thursday, May 14, 2015 03:31 AM PST 

Dear Jameel Sahib

Based upon your expertise, I am keen to buy 1 kanal pair in DHA prism reasonably good
location for house construction after 6 years.How much will it cost me and when is the right time to get at the lowest possible price. Please need detail insight

HHH replied on Thursday, May 14, 2015 03:31 AM PST 

Jameel Sahib
What is the best time to buy
DHA Multan file i.e. right now or shall we wait for Ramazan or national budget announcement in the hope that it's price will come down a little. Thanks.

Jameel replied on Thursday, May 14, 2015 04:17 AM PST 

Dear Ahsan Sahib, pair will be very difficult to find, But best time to buy will be about 6 Months after ballot. But keep a target price in your mind and pick when it reaches there, I myself is cautions buyer I will jump only if good locations will be below 80 with development charges.
Dear HHH, I think it is reasonable time but again keep 6,7 years in mind. In Mulatn speculation component is expected to remain low so steady gain should be there.

Ahsan replied on Thursday, May 14, 2015 04:53 AM PST 

My approx budget is 150 lac for a pair and secondly do u think it will be ready for construction in six years?

AKHTAR ABBAS replied on Thursday, May 14, 2015 03:50 PM PST 

Jameel saab I am also thinking in this way as you were.I think within 6 to 10 months picture will be very much clear as more investor will be out from phase 9 and real client will be in market and there will be many plots in market and
prices will go down below equilibrium. I am also waiting for that phase if it will come,I myself will definitely enter into it at that stage and if it will not happen then I will go for riwand site society where ground realities are alive.
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