Lahore Real Estate Forum

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(62171)
Thursday, May 14, 2015 02:34 AM PST 
Plot be kept or Sold

Ad Type
City
Scheme
Phase
Block
Plot
Size
Road
For Sale
lahore
DHA
7
T
near1416
kanal
70 ft
CMY sb plz advise that, this one kanal plot should be kept or sold because i purchased this plot last year and after all payment,i.e plot price+dealer fees+
cvt+ transfer fee+adv tax etc it costs me 85 lac 25 thousands.My Questions are:
1)when possession will be given of this plot as road and other development is complete over there
2)should it be kept for one or 2 years or sold
3)how much profit can be seen in 1 to 2 years
4)this is facing 10 marla plots on 70 ft road therefore
are there chances that once possession is given in X SECTOR FOR 10 MARLA the homes construction will be more in ths area as compared to other plots or otherwise
THIS IS SECOND TIME RQUEST PLZ REPLY
REGARDS

CMY replied on Thursday, May 14, 2015 08:55 AM PST 

ali cheema bhai Its a good
location to hold for 2 to 3 years more.
You are most likely to have possession in t block near Dec 30th 2015

For 2 years I think It can rise 50% + But its you sell this plot and buy DHA Multan 1 kanal files your gain will be at least twice if not more.

Normally smaller plots do see construction 1st.

I am sorry 1st time I didn't see your post. I dont get chance to go to second page as questions keep coming up on front page and than I get busy in other important things. Workload been to crazy lately. Hopefully after ballot I wont miss any posts.

Once again I apologize that you had to re post it again.


Choudry Mujahid Yasin ( CMY )

ali cheema replied on Thursday, May 14, 2015 08:36 PM PST 

grateful brother MAY ALLAH TALLAH bless u with good health and more wisdom to guide the people with regards to investment in trusted societies
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(62170)
Thursday, May 14, 2015 02:09 AM PST 

What would be the expected price of phase9 5 marla with respect to following excluding development charges good, bad and worst.CMY please reply.Rest to participate please.

ArifM replied on Thursday, May 14, 2015 02:15 AM PST 

Market is uncertain and I don't think any one can predict. Just give it time and hope for best.

Overthesea replied on Thursday, May 14, 2015 02:33 AM PST 

Can we use phase 9 town as yardstick to evaluate the price, may be key of lock lies there

E.A replied on Thursday, May 14, 2015 02:41 AM PST 

How some can take a developed plot as price benchmark with nin developed plot...

Phase 9 town is far better and furthermore poseession is near

Z.F replied on Thursday, May 14, 2015 02:42 AM PST 

Market is in technical correction now a days. People will pick good
location plots after balloting but b4 15 may its seems difficult. Mkt. will remain same, no buy no sell.

Z.F replied on Thursday, May 14, 2015 02:46 AM PST 

People who have large quantity of
files they are also offloading their holdings as well bcoz of development charges etc. But i will say its right n best time to invest in ph9.

khan replied on Thursday, May 14, 2015 03:49 AM PST 

I have a very simple question
What kind of a person will buy a bad
Location phase 9 plot afTer balloting?
I mean is he stupid?

Shahzad Qamar replied on Thursday, May 14, 2015 04:10 AM PST 

27 lac without development charges is min price of 5 marla for bad locations after ballot.

Tahir replied on Thursday, May 14, 2015 05:29 AM PST 

Khan sahib: Love yr Q & style.
Regards.

mahmad replied on Thursday, May 14, 2015 11:58 AM PST 

Khan sahib for many bad
location is not that bad. I will be OK if there is mosque or even grave yard if I have to build my house and I am not worried about resale. Also many people are not even aware that it is bad location.
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(62169)
Thursday, May 14, 2015 01:53 AM PST 

Thanx alot omer and Zaeem Ishtiaq bhai for yr valuable recommendation that will be helpful for me to take decision. regards
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(62167)
Thursday, May 14, 2015 01:24 AM PST 
what you would have done 9 years Abck

Glimpse from past August 2006
This is time my interest started in real estate and prices actually further dropped after 2 years
In 2006 DHA 5 was as populated as DHA 6 is today
DHA 6 was almost ready for hand over but was actually was handed over after 18 months
DHA 7 was just on map and Ballot was done 2 months back,
[No Doubts all the Products did well]
Had you been in 2006 with 7,000,000 in hand what you would have done?

DHA phase 5 65 lacs to 110 lacs on main blvd plots

DHA phase 5 ext 26.50 to 27 lacs File [now called M Block]

DHA phase 6 45 lacs to 62 lacs for the best plots

A block 46 to 60
B block 50 to 64
C block 47 to 60
D block 48 to 60
E block 43 to 58
F block 53 to 60
G block 52 to 60
H block 50 to 62
J block 53 to 60
K block 54 to 65
L block 50 to 63
M block 54 to 63
N block 46 to 48


DHA phase 7 ( Seller will get 9 lacs less then these prices under here. Those 9 lacs will be paid by purchaser in future in 3 years 6 installments)

P block 34 to 42 lacs
Q block 32 to 38 lacs
R block 35 to 42 lacs
S block 32 to 41 lacs
T block 32 to 38 lacs
U block 33 to 38 lacs
V block 36 to 45 lacs
W block 36 to 45 lacs
X block 33 to 38 lacs
Y block 32 to 38 lacs
Z block 32 to 42 lacs

ArifM replied on Thursday, May 14, 2015 02:17 AM PST 

Would have gone for DHA6 but I think it also depends on one,s budget. If would have less budget then would have gone for DHA7.

Jameel replied on Thursday, May 14, 2015 02:39 AM PST 

But even if You would have gone for phase 5 the gain would have been proportional. Though phase 6 gave Max return.
When Phase 9 ballot will hit the Market we will be scratching our heads that what to do, I mean we should learn and use it for Current scenario.

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

I would have invested in ph-7 due to lesser risk of down fall. Regarding gains, I think it does not differ much in DHA wherever you buy as long as you buy at good low price (less populated/ under development area).

ks replied on Thursday, May 14, 2015 02:55 PM PST 

Jameel sb,
if we follow the historical pattern based on data provided by you then in future phase 7 should gain more.
I request to add some fundamental analysis along with your technical analysis to complete the picture.

JUJ replied on Thursday, May 14, 2015 05:34 PM PST 

As CMY mentioned, maximum gain was from Commercial in any phase of DHA. Seems like you never thought about it
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(62166)
Thursday, May 14, 2015 01:14 AM PST 
NFC PHASE 2 INFORMATION REQUIRED

I want to know about NFC 2.I want to buy a plot in this society but as we all know that ring road is passing through this society so what you will suggest that its better to wait for 2 to 3 months so that map of ring road will be cleared.I have earned my money with so much hard working and i am not in a position to make any risk at this stage of life.What you will suggest me in this situation and also please update me with price of 10 marla and 1 kanal plots in different blocks.Which blocks are good for investment and how much appreciation you will see in next 2 years if someone buy a plot in next 2 to 3 months.I have also heard about mortgage plots what are those? and how one can avoid those?I have visited the society last week but i didn't see any development work there nor any machinery which will develop the society.Only main 150 feet,100 feet roads are developed.How much time will this society take to develop.Will the main 150 feet road or any other road will connect to bahria in future?
I have asked about only NFC2 because its in my budget.Experts please share the detail information of this society.
Thanks

Jameel replied on Thursday, May 14, 2015 01:35 AM PST 

Batter Buy in Sui Gas 2 with possession it is also in your budget even after ring road we don't know when NFC2 will complete development,
Points in Possession Plot is In case God Forbid Slump of real estate hits it will be less affected, and will be easy to resell at minimal Loss,
I bought NFC at 11 Lac so I am not worried even if goes a bit down, [Inshallah will not], You will enter at 33.

Arshad replied on Thursday, May 14, 2015 01:41 AM PST 

Jameel saab thanks for your reply,
How much potential is there in SUI GAS 2.
Whats the price range.
Where you will see it after 2 years.
Whats the development status.

Ahsan replied on Thursday, May 14, 2015 01:43 AM PST 

I agree with jameel sahib suggestion. I also suggest to explore AWT phase 2. You may get a reasonable plot in the bracket of 35-38 lac. The
prices will appreciate there due to widening of raiwind road and
ring road.

Regards
Ahsan

Arshad replied on Thursday, May 14, 2015 01:56 AM PST 

Ahsan,ok i will visit both of these societies.How much potential is there in SUI GAS 2 and AWT2?
I have heard due to "Mian SAAB MAHAL" you have to wait to long due to there protocol etc and people are very much fed up from this at these societies.Is there any reality in that?

Ahsan replied on Thursday, May 14, 2015 02:22 AM PST 

Dear Arshad

It happens occasionally . Currently, the traffic delays are due to a road work on raiwind road. As a matter of fact every society near ADA plot will gain. If you want short term investment consider LDA avenue 1 (10 marla). It will gain heavily due to its strategic
location and close proximity to a well developed schemes where 10 marla is in excess of 75+ lac range. You may get a good plot in a bracket of 35-37 lac but require good fishing and hunting skills. In my humble opinion it may double in 2 years time in LDA avenue. I heard hat they have sorted 90 % issues.

Malik Aftab replied on Thursday, May 14, 2015 03:15 AM PST 

There is one drawback in buying NFC 2 that its development is dead and society is waiting for its society elections. I have have heard that they have done their homework of feasibility and in first phase they will develop A.D.G blocks and later the remaining blocks. Since Ring Road is passing so wait for few months and then buy your desire
location plot. 150 feet road is LDA structured road and it is planned to be connected with Bahria Town main Commercial Road where 5 Marla Commercial Plot price is already high. It will also play major role for Bahria Town to access Ring Road in Future.

Its location is far more better then AWT-2 and SuiGas-2.
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(62165)
Thursday, May 14, 2015 01:11 AM PST 
where to invest either DHA Multan or DHA REHBAR 2

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.Other members opinion will be also honorable for me. Always stay blessed

omer replied on Thursday, May 14, 2015 01:21 AM PST 

aoa awan ,my advice would be that puuled out your capital which is around 45 lakh and with rest buy a kanal plot in
dha multan..its just that u will have piece of mind and u r playing with your profit ,not capital..thanks

zaeem Ishtaiq replied on Thursday, May 14, 2015 01:27 AM PST 

Awan bahi,
In 75 lac

1 Kanal plot NFC-2 100 FEET (33-38 LAC)
1 Kanal file
DHA Multan (31-33 LAC)

OR

10 marla plot LDA Avenue 1 (30-50 LAC)
10 marla plot NFC 2 (18-25 LAC)

Reasons:-
Nfc 2:-
1.Excellent approach from Multan road and in future also from Ring Road.
2.Underdeveloped -- Much More Potential in it.
3.100% land Available
4.Near to Bahria

LDA Avenue 1.
1.Excellent approach from Riwand Road and also from Jubliee to Canal Road.
2.Location -- In the middle of All new societies.
3.Pocession is now available ready for construction within 1 year may be before that.
4.Still under priced then nearby societies.
5.10 Marla and 1 Kanal plots only.

DHA Multan:
Took time but as per by CMY SAAB Ballot will be at the end of this year.
DHA Naam he kafi ha.
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(62164)
Thursday, May 14, 2015 01:06 AM PST 

Respected CMY Sir,

As against general perceptions and assessment, phase-9 files have lost ground during this week so far, now this has badly affected the small investors of 5 and 10 marlas as a number of them have sold the files at throw away prices and those who have not disposed off files are fearing badly located plots in ballots, favortism and injustice by DHA in balloting is also an issue . My question is that keeping in view the above factors, is there any hope left for them in post ballot scenario. Would the prices predicted by you earlier less development charges of 5, 10 1K plots expected to prevail after ballots. Pl give your rational analysis based on your experience.

May Allah give you health and happiness.

Best Regards

MUZZAMIL replied on Thursday, May 14, 2015 01:27 AM PST 

aur kitna rate girana hy asi baton se .............

malik replied on Thursday, May 14, 2015 01:32 AM PST 

dear you are right, no one could predict this worst of phase 9, my personal assessment is this was done by DHA purposly to keep other phases alive like phase 7 and 8, this seems to be starting price of phase 9 after balloting and then market of phase 9 will go on snooz for few years again till it is fully developed, it was most delayed project of dha, remember people who bought phase 9 file at 47 lacs in 2005/6 and then it hit its bottom of 13 lacs, it was big disappointment for civilian investors, but there is no other genuine scheme in pakistan , so no other good choice for us who wants to invest in real estate.

mahmad replied on Thursday, May 14, 2015 01:46 AM PST 

Surprised that you are disapointed in a day. Hosla...

aslam replied on Thursday, May 14, 2015 01:55 AM PST 

While investing anywhere one should keep in mind profit & loss both are the possibilities. Real estate investment is basically long term investment, it must not be evaluated in weeks/months. All those people who bought the phase-9
files & did not sell it uptil now, they should show patience and wait for the ballot result. May be they get good location plots

mahmad replied on Thursday, May 14, 2015 02:00 AM PST 

Probably the development charges is keeping its price at these levels....

Jameel replied on Thursday, May 14, 2015 02:31 AM PST 

Sq I always suggested that people should not enter in real estate for short term investment,
My own observation is the business cycles give you chance to buy at right price and to sell at right price if you have patience.
In my stay in UAE I saw Gold at 110 then 27 Dhs then 220 Dhs and Now 140 Dhs per gram, what I did When in News it came Gold at 20 years Low I Bought some @ 32
I am sure you are not investor in oil market but just track it i am sure in 2 years it will again touch 120 [today 60]
so few Lacs fluctuations is nothing neither it is possible it will Continue gaining one lac every week, When it happen it means market is unstable or some manipulation is being done. see Today the worst
Location 5 Merla plots in DHA 5 are 70 to 80 Lac
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(62163)
Thursday, May 14, 2015 01:05 AM PST 
DHA 9 Plot

Ad Type
Phase
For Sale
9
Dear CMY,

I am interested to buy 1 K and 10 Marla Plot in phase 9 preferably Corner Plot immediately after Balloon.

what price you expect i have to pay at that time?

Appreciate your immediate feedback.

MUZZAMIL replied on Thursday, May 14, 2015 01:28 AM PST 

100+ lacs including dev charges

Khalid replied on Thursday, May 14, 2015 09:14 PM PST 

Faisal,
DO NOT rush to buy immediately after Phase 9 balloting as
prices will be adjusted to actual figures. Prices are strongly lined up to fall down. You can get 1 kanal Corner/Main Road or atleast Good Location plot in 75-80 lacs, just wait for around 2-3 months.
It will also bring other DHA phases prices downward too.
Just wait and watch.
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(62162)
Thursday, May 14, 2015 12:00 AM PST 
MASHWARA REQUIRED

Ad Type
City
Wanted
Qatar
Asllam O Alaikum My country men and CMY sahib,

I am also fan of CMY Sahib May Allah give him Ajer for good advises to my country people.

Sorry for asking non property related issue.
I need Mashwara from my country men, as Mashawara is a Sadqa and Sadqa is the shield from fire...

I am living in Qatar and my son finished his GCSE (British Curriculum) with B grade in Math C grade in English, IT & Business and D in Chemistry in 2014, and this year hopefully he will be getting B grade in A level business studies.
According to his subject’s grade and his interest in business studies OR IT, which college or University (for foundation year even) is good with hostel in Lahore.
Jazak Allah for your Mashawara.

Muhammad Khayyam

syed shoaib replied on Thursday, May 14, 2015 12:26 AM PST 

if he is interested and have passion in programming and software development than bscs or bcs honors , software engineering from lums , uet, pu, fast nu , bzu lhr , ucp . if he i interested in hardware and software and maths elec engineering (power, telecom, control , electronics , computer engineering ) uet , pu , comsats , ucp ,bzu lhr . summarize his interest and talk to him may be he is an artist by nature than nca and bnu will be best for him , if he is in business than mba or mba IT from LCE , lums .

syed shoaib replied on Thursday, May 14, 2015 12:29 AM PST 

bba from lums ,lce , hailay colg pu

Ahsan replied on Thursday, May 14, 2015 01:11 AM PST 

Dear Khayyam Sahib

In my opinion as an educationist, I suggest him to do BBA (IT) or BBIT from UCP or university of the Punjab. LUMS is an ideal choice but the grades are bit low and hard to get admission. The generic degree in Business with specialization in IT opens many doors for the graduates. The rationale is that "IT" is a backbone of any business and professionals who understand the dynamics of business and alignement of business strategy with IT strategy can comfortably work in any multinational or any other reputed organization.

The trend has change and IT certifications such as CCNA, CCNP or Microsoft certifications are more valuable in industry now a days. while doing BBIT he must do industry relevant certifications. Secondly, the interdisciplinary degree gives more options to specialize at masters level. If he develop more interest in 'IT' then he can do masters in IT otherwise MBA from any reputed university is a good choice.

I think , COMSATS offering Dual degree program from Lancaster university too. It is a good option and degree will be internationally recognized.

Hussain Kaisrani replied on Thursday, May 14, 2015 01:25 AM PST 

Just a quick note about last sentence of brother Ahsan.
COMSATS dual degree program from Lancaster University is not offered any more. Until now COMSATS failed to provide the dual degree.
The matter is in the court nowadays.

http://www.thenews.com.pk/Todays-News-5-304458-Dual-Degree-Programme-students-cry-foul

zaeem Ishtaiq replied on Thursday, May 14, 2015 01:35 AM PST 

Go for BS-CS Computer science

ArifM replied on Thursday, May 14, 2015 02:13 AM PST 

If he is techie nature and has interest in computer than BSCS from FAST or comsats.

If he is extrovert, social type then BBA from LSE/LUMS.

Jameel replied on Thursday, May 14, 2015 03:06 AM PST 

I think no one paid attention to M Khayyam Post, I think he mentioned that child is academically weak.
Guess just consult an educationist and know strengths and weakness of the Child and also his aptitude, only then best decision can be made foundation year is a good idea,
A foundation year is an extra year of study at the start of a university course. It allows students who don't meet the entry requirements for the normal course to fill in the gaps and go on to study a full degree.

Muhammad Khayyam replied on Friday, May 15, 2015 12:14 AM PST 

sb Jameel,sb Arif sb.Ahsan sb Zaeem sb Hussain Sb Syed sb
Pls one more request if among you people who can give me SMS or miss call or watsup number than I wish to talk more especially regarding messing hostel etc..I am native from RWP but want to settle in Lahore. I ve alredy investment in
DHA lahore...so want to start my children career from Lahore. ...i need little more time from you in this regard. ...JazakAllah. ..Muhammad Khayyam
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