Lahore Real Estate Property Discussion Forum

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(61998)

Overseas Pakistani

Sunday, May 10, 2015 01:47 AM PST

Reply:

Dear CMY,

I want to confirm very important details about my transaction.

First of all, how one can check if someone is selling ballot ready commercial file?

Secondly, what if i purchase a commercial file before the ballot on monday, will this prevent the file to be considered for ballot or i may loose the chance to get it balloted ? Kindly advice..
Regards
O.P

CMY replied on Sunday, May 10, 2015 02:22 AM PST

If NDC is applied and its cleared you are ballot ready. All files that have allocation letters issued before April 3oth 2015 will be in ballot regardless when they are transferred or who's name is on allocation letters. Even on last day of transfer same allocation number will just have a now owner name assigned to that number. Allocation letter number is matched with plots numbers.

Make sure the allocation file you are buying was not made from affidavit file transfer AFTER April 30th 2015. A best and easiest tip is that 1st allocation will be light green in background. But allocation to allocation transferred document is of white plain color. If you have a green back ground color allocation letter after April 30 2015 this allocation wont make into ballot.

This info is not going to given to you by any other property dealer :) Because they only care for their commission and dont pay attention to these small details.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

Overseas Pakistani replied on Sunday, May 10, 2015 03:20 AM PST

Dear CMY Sb,

What i understood from your message is as following:

1- I shouldnt go for file allocated after 30th April
2- NDC applied and cleared
3- Background color of allocation file should be white plain color

Thank you for confirming the above...
Regards
O.P

CMY replied on Sunday, May 10, 2015 03:27 AM PST

Yes allocation you are buying should be with white back ground this will be proof its an old allotted allocation

If Green background and issued before April 30th. You can still buy it.

If NDC is not filed or cleared pay urgent fee and have transfer asap before ballot. In no case let is go past the ballot. Amount difference will be huge and deal will go into trouble unless you have paid big amount in Baina for transfer after ballot. Dont take risk Pay Rs 22000 as urgent fee and get it done before ballot.

Overseas Pakistani (PRO) replied on Sunday, May 10, 2015 03:35 AM PST

Thank you and i have realized that my annonymous name is similar to one having issues with DHA and LRE..

I respect your feedback and have great trust in your recommendations.

In last, do you think even bad location of 8 or 4 marla commercial will still stay above the pre ballot price ;-) i know it is tough to answer....

Afterall, one has to makeup his own mind and make decision and i will not hold you accountable.

Thank you Sir.

CMY replied on Sunday, May 10, 2015 10:53 AM PST

Overseas Pakistani (PRO) DHA9 8-Marla commercial file is at 348 lacs today have gained whopping 72 lacs from its two month low price at 272 lacs.

All this 72 lacs is gained when all other major residential and commercial plots files in DHA gained ZERO rupees. DHA 6 gained nothing in last two months DHA 7 gained nothing DHA 8 gained nothing DHA 7 gained nothing DHA 7 commercials gained nothing DHA Gujranwala gained nothing Even DHA Multan almost gained nothing.

This huge gain in DHA9 commercial should be indication enough to imagine how hot it is going to be after it is a visible plot on a 150 feet 3 kilometer main boulevard.

In next few weeks and months Ivy Green DHA7 DHA6 and DHA8 will still stay in back ground. DHA 9 will be still in news for Lahore Ring Road construction southern loop. Awarding of new contracts in DHA9 Prism. Starting of development in DHA9. Possession of plots in DHA9 Town will help prices stay firm or rise slowly from here. With plots visible on a map and lowest prices of plots than all other DHA phases new money will only flow into it. Even DHA6 or DHA8 money will be moving into DHA9 in coming days.

No one should expect DHA9 commercials to double in 12 months. They might but give it 5 years time :). All residential plot buyers should also keep in mind prices just cant keep goiung up and up. There will be budgets ahead. There will be political developments ahead. There will be arrests of real estate tycoons that can also affect DHA Lahore prices too at least for short times.

Please make investments for keeping in mind you will be investing in DHA Lahore phase 9 for minimum next 5 years. Dont pay attention to short term ups and down. Buy it and forget it for next 5 years.

Choudry Mujahid Yasin ( CMY )

Ch naeem replied on Sunday, May 10, 2015 03:49 PM PST

Dear CMY
When is best time to invest in dha phase 9 ext 1kanal? Kindly guide me should I invest now or wait and do after year ?

M.N replied on Sunday, May 10, 2015 03:55 PM PST

Dear CMY,

I am looking for your kind reply and possible help. I am living in Riyadh, KSA>

I have paid token on April 06, 2015 to one of dealer in DHA market for 5 marla DHA phase 9 affidavit but till that date he has been giving me excuses and saying that DHA is delaying it, so you have to wait till whenever they issue File. (I have documentary prove of token)

They have wasted our time and opportunity cost to hold 2100,000 in my bank account from a month n half.

I wanted to know what are my options to solve this matter.

Thanking you in anticipation,

Regards,

M.N

kam replied on Sunday, May 10, 2015 08:05 PM PST

He is making bluf to you, be careful,DHA requires only one week to transfer

abc replied on Monday, May 11, 2015 12:53 AM PST

Thxs

xyz replied on Monday, May 11, 2015 12:57 AM PST

Yes i am sure he will return ur advance

xyz replied on Monday, May 11, 2015 01:08 PM PST

.

Abc replied on Monday, May 11, 2015 01:50 PM PST

.

Lhr replied on Monday, May 11, 2015 02:51 PM PST

..

a replied on Monday, May 11, 2015 04:17 PM PST

.

. replied on Monday, May 11, 2015 04:58 PM PST

.

. replied on Monday, May 11, 2015 04:59 PM PST

.

PK replied on Monday, May 11, 2015 06:44 PM PST

@MN: Choona laga diyea. He will not deliver you anything. Mark my words. i dealt in both affidavit and allocation, both wont take more than 3 days for end to end process.

dd replied on Tuesday, May 12, 2015 12:02 AM PST

.

kk replied on Tuesday, May 12, 2015 12:50 AM PST

Thxe

(61997)

Akmal

Sunday, May 10, 2015 01:09 AM PST

Reply:

Hiba Transfer

Hi,
Which relatives are applicable for hiba transfer?
is brother to brother transfer lie in hib transfer?

Tahir replied on Sunday, May 10, 2015 01:26 AM PST

Direct Blood Relations.

Akmal replied on Sunday, May 10, 2015 02:17 AM PST

DHA website has mentioned only parents to children or children to parents.
siblings are not mentioned?
Dear CMY, can you plz answer

CMY replied on Sunday, May 10, 2015 02:43 AM PST

Brother to brother transfer dont come under DHA but you may not have to pay CVT tax.

Please double check. I think for brother to brother transfer DHA dont offer any break in transfer fee but CVT is NOT required from Govt.

http://www.dhalahore.org/transfer-procedure#04

Choudry Mujahid Yasin ( CMY )

Dr.Mushtaq Ahmad replied on Sunday, May 10, 2015 07:37 AM PST

CMY Bhai, is sister to sister transfer lie in hiba transfer? and is CVT is required to pay in such case?

CMY replied on Sunday, May 10, 2015 10:58 AM PST

Dr.Mushtaq Ahmad sister to sister transfer is not a hiba transfer

AMQ replied on Sunday, May 10, 2015 03:52 PM PST

Hiba Transfer
Property gifted to the blood relatives (Parents to Children, Children to Parents, Husband to Wife, Wife to Husband).

Service Timeline Charges Delivery
Hiba Transfer After No Demand Certificate Clearance Depends on the Phase, Size and Plot / Building Type. Transfer Branch
Documents Required
Hiba Transfer Documents Set Specimen available at DHA Office Reception. (Download Specimen)
Original Allocation / Intimation / Allotment / Transfer Letter(s).
Copy of Computerized National Identity Card (CNIC) of both donor and donee and 2 x Witnesses (duly attested by Oath Commissioner).
Membership Fee of Donee.
Membership form, along with 2 x Passport size photographs (blue background) of donee (duly attested).
Transfer Fee.
Cantt Board Taxes.
Original Sale Deed along with affidavits of donor and donee, if plot is registered.
IT - 5 Form.
Advance Tax Payment receipt (if applicable).
Procedure
Apply for No Demand Certificate.
Customer will bring the Transfer Set to the Customer Services Officer at Customer Care Centre DHA office, to obtain Transfer Appointment.
Both donor and donee will visit Transfer Branch section for Transfer.
Customer will submit Transfer Documents along with all paid Government charges and membership fee of DHA within 30 days of Transfer at Customer Care Centre.
Customer Service Officer will endorse/receive the documents and issue receipt.
Donee will bring the receipt and original Computerized National Identity Card on the given date to collect the Allocation / Intimation / Transfer Letter(s) from Transfer Branch.
Note:
Urgent Transfer can be done after paying Urgent Transfer Fee with the approval of Director Transfer & Record on affidavit of Rs 50/-.
Urgent Transfer fee is Rs 22,000/-.

Butt , M. A. replied on Friday, October 11, 2019 11:40 AM PST

Can a father give his plot to his daughter under Hiba transfer?
1. If so what are the taxesiabilty?
2. Does DHA charge transfer fee also?
3. Can FBR ask for source of money to the transferee or the transferer if property is not previously declared in Return?

(61996)

Kashif

Sunday, May 10, 2015 12:42 AM PST

Reply:

Canyon premium emaar islamabad houses

canynon view islamabad emaar
please throw some light on canyon view villas and homes Islamabad is it a good investment today ballot result has been announced payment in instalment in one year as dha and emaar are co sponsoring what would be fate of it Plz reply cmy or other learned members

(61995)

SAM ANZ

Sunday, May 10, 2015 12:21 AM PST

Reply:

Hiba Transfer - DHA Town Ph9

Dear CMY Sahib and brothers,

I am an overseas Pakistani and want to sell my 5 marla Ph9 Town D plot soon after possession. As I won't be in Pakistan at the time of possession, I want to transfer this plot to my father's name so that he may take possession and sell it by himself. I think such a transfer(son to father) is called Hiba transfer.

Can you please advise how much this transfer may cost. Is there any other cheaper way. My father is a retired army officer if that can help in DHA bylaws.

Thank you all brothers for comments.

Sincerely, SAM

Jameel replied on Sunday, May 10, 2015 01:21 AM PST

You may have not to pay CVT and Stamp but other dues are as it

Pls Go To Link
http://www.dhalahore.org/transfer-procedure#04

Hiba Transfer
Property gifted to the blood relatives (Parents to Children, Children to Parents, Husband to Wife, Wife to Husband).

Service Timeline Charges Delivery
Hiba Transfer After No Demand Certificate Clearance Depends on the Phase, Size and Plot / Building Type. Transfer Branch
Documents Required
Hiba Transfer Documents Set Specimen available at DHA Office Reception. (Download Specimen)
Original Allocation / Intimation / Allotment / Transfer Letter(s).
Copy of Computerized National Identity Card (CNIC) of both donor and donee and 2 x Witnesses (duly attested by Oath Commissioner).
Membership Fee of Donee.
Membership form, along with 2 x Passport size photographs (blue background) of donee (duly attested).
Transfer Fee.
Cantt Board Taxes.
Original Sale Deed along with affidavits of donor and donee, if plot is registered.
IT - 5 Form.
Advance Tax Payment receipt (if applicable).
Procedure
Apply for No Demand Certificate.
Customer will bring the Transfer Set to the Customer Services Officer at Customer Care Centre DHA office, to obtain Transfer Appointment.
Both donor and donee will visit Transfer Branch section for Transfer.
Customer will submit Transfer Documents along with all paid Government charges and membership fee of DHA within 30 days of Transfer at Customer Care Centre.
Customer Service Officer will endorse/receive the documents and issue receipt.
Donee will bring the receipt and original Computerized National Identity Card on the given date to collect the Allocation / Intimation / Transfer Letter(s) from Transfer Branch.
Note:
Urgent Transfer can be done after paying Urgent Transfer Fee with the approval of Director Transfer & Record on affidavit of Rs 50/-.
Urgent Transfer fee is Rs 22,000/-.

Akmal replied on Sunday, May 10, 2015 02:03 AM PST

Jameel bhai, does brother to brother transfer come in hiba transfer?
actually i have plot which is on my brother name, i will be visiting in few weeks to Pakistan and i want to be transferred on my name.

CMY replied on Sunday, May 10, 2015 02:40 AM PST

Akmal No brother to brother or sister is not allowed under Hiba

SAM ANZ replied on Sunday, May 10, 2015 03:05 AM PST

Thank you brothers for replies....

Can my father apply for NDC.... how long NDC takes....

As I'll be in Pakistan for 3 working days only, is it possible to complete Hiba transfer by ourself or better to hire dealer....

Please also share breakdown of Hiba transfer cost (son to father) + dealer fees in such a case....

Thank you CMY Sahib, Jamil bhai and all....

CMY replied on Sunday, May 10, 2015 03:12 AM PST

Urgent NDC can be applied Monday. It is just a normal transfer like any other transfer.

My office could help you for this transfer for a big discount.

SAM ANZ replied on Sunday, May 10, 2015 03:27 AM PST

Thank you CMY Sahib,

My father may visit your office soon.... Still, can you please share Hiba transfer cost as an approx....

Thank you once again.... Regards,

(61994)

Faiz

Saturday, May 9, 2015 11:58 PM PST

Reply:

Dear CMY,

please suggest me about DHA Valley Islamabad

Jameel replied on Sunday, May 10, 2015 01:31 AM PST

Dear Faiz,
It is big challenge to develop that area, The Landscape is too difficult and there is no under earth water. There is also dispute with planning Dept for location of Dadocha Dam.
You will find it useful

"This kind of silence on the part of the administration gives rise to rumours and in this case, all the controversy surrounding the project, involvement of Bahria Town and now, the Dadocha Dam, has given rise to rumours that the project may be cancelled partially. Despite repeated emails and calls to the DHA, Islamabad helpline, no definitive answer has been received. I would like to request the management at DHA, Islamabad and the top echelons of the Pakistan Army to kindly clarify the progress, as well as any impediments regarding the project because there are thousands of investors who have invested a lot of money in this project. Most of the investors are poor people since the plots were small and not too expensive. Please allay their fears regarding the project."

source Tribune

Raheel replied on Sunday, May 10, 2015 01:42 AM PST

Great CMY Sb.

I purchased 10 marla plot of State Life Phase 2 on 40 feet road in December 2013 whcih is transferable & not the open one.

Kindly guide me either to hold this or sale out for investing in other society.

Can you also provide your expert views for any chance of merger between DHA & State Life in future

Kindly response the above points in detail, GOD BLESS YOU & KEEP SMILES & HEALTHY.

Regards

HHH replied on Sunday, May 10, 2015 01:57 AM PST

@Jameel
Does anyone know in which block the DHA homes are located? I can see quite a few of them in google maps.
Any idea which blocks DHA has possession for?
Also what is the outlook for DHA Phase 2 Ext 1-kanal files?

CMY replied on Sunday, May 10, 2015 03:16 AM PST

Raheel bhai please sell it. Not good to keep it. No hope other than DHA merger in future. If that every happen be good but other than that no justifiable return here to hold it for long term.

Choudry Mujahid Yasin ( CMY )

(61993)

Jameel

Saturday, May 9, 2015 11:43 PM PST

Reply:

Expected development charges in IVY green Vs DHA 9

Dear CMY,
Do you think that 5 Lac less development Charges in IVY green [10 Merla] will have positive edge for Phase 8 IVY green 10 merla plots, especially when post ballot DHA will ask for up front all development charges.

secondly this new decision of DHA to take all development charges at once, how it will affect post ballot price.

Another comment linked to IVY green is By No means IVY green Location is Better than Phase 7, if You talk of Proximity to BRB, and being isolated as compared to DHA 7, For Comparison Consider it same. But development have yet to start. How IVY green Kanal is Holding its price Little More than Low Budget plots of Phase 7? 75+19= 84,. One is ready and in other even intimation is not issued by no means will be delivered in 3 years.
what is logic here? I think it is only Difference Toyota 1974 is better than 1976,

CMY replied on Saturday, May 9, 2015 11:52 PM PST

Jameel sahib DHA have not official announce yet and I dont believe this figure at all but poeple close to DHA staff is keep insisting 5 marla charges are 4.5 lacs. I think the be 5 to 5.5 lacs.

To be honest Ivy Green will be in back burner now after DHA9 ballot. DHA7 is also going to hurt it. DHA9 priced should be compared to only X T U Y Z lower parts prices, For rest of DHA7 W R S P should be close to and about 20% less than DHA6 lower blocks near DHA7. In three DHA6 or 7 be same almost same thing with living point of view.

Choudry Mujahid Yasin ( CMY )
info@LREPK.Com

dubai replied on Sunday, May 10, 2015 01:25 PM PST

jameel sb, I understand that yu live in UAE. Im also living in Dubai and currently in the thinking process whether to mortgage a apartment here or not?? im sure yu will be having an eye on real estate in Dubai also...plz advice is it a good time to Mortgage??? or market will go through correction owing to Oil prices slump?

Regards

(61992)

Tahir

Saturday, May 9, 2015 11:35 PM PST

Reply:

House Construction

For Mr. Hussain Kaisrani,
Good to see you here. A few months back I saw your valuable "House construction cost analysis" on some website. The cost was updated to November 2014. Now I need a really honest and reliable contractor or thekedaar to build my 2 units small house near Doctors' Hospital, Johar Town. Can you recommend or provide some real skilled person with or without material prices to carry out this work please.
Will appreciate.
Regards.

Hussain Kaisrani replied on Sunday, May 10, 2015 12:05 AM PST

Thanks dear Tahir,
Hope you understand that we can take responsibility of anyone's honesty. I can recommend you Mr Yousuf .
I haven't worked with him yet but few friends found him a reliable contractor.
It is always better to visit the previous projects or at least talk to the person with whom a contractor worked with.
Good Luck!

Tahir replied on Sunday, May 10, 2015 12:20 AM PST

Thanks Mr. Kaisrani.
Will contact Mr. Yousuf accordingly.
Regards.

(61991)

CMY

Saturday, May 9, 2015 10:47 PM PST

Reply:

Closing rates of DHA9 Proper

Closing rates of DHA9 Proper

Solid Buying started at 1PM on Saturday as expected by me during early this week. Last week will be only up now question is how much up from todays close. Sellers gone. Only buyers left. When buyers want to buy each seller is backing out. Almost none confirmation of files. Price of 5-Marla back to 26.50 27 lacs and 1 Kanal back to 62 to 63 before ballot on May 14 afternoon, Not 100% Guaranteed but Insha Allah.

DHA9 proper 5 Marla= 25

DHA9 proper 10 Marla=40.50

DHA9 proper 1 Kanal=59.50

DHA9 proper 4 Marla Commercial = 215
DHA9 proper 4 Marla Commercial = 348

DHA admin had briefing with all largest land owners investors. Same people that bought 1000s of kanals agri land from small land owners overe the years and than gace to DHA.
land owners. DHA explained project in full detail to them. Told them it will be developed on fast track 25/7 to make up for ballot delay. Said many other things like DHA9 will have boundary wall for security control accesses gated community there will be 11 gates made at entry points with names like Bab-ul-Salam etc.

DHA admin assured these large owners we are different than past admins. We will listen to you and work with you to increase value of DHA9 Prism and not only get it developed for you.

Ashraf Gurki , Mohammad Sadid , Bhatti , Abbasi sahib were just few of the large owners at this meeting. Dealers know them all. These guys own 1000s of files each

Choudry Mujahid Yasin ( CMY )
info@LREPK.Com

RANA replied on Saturday, May 9, 2015 11:05 PM PST

Salam Mr.CMY,

Thanks for keeping up-to-date with prices. It brings us to learn the market for next investment, INSHAALLAH.

Real estate is the best business ever, safe and sound, but it needs to test how much patience do we have.

I think before or after 15th, price of 1k will be 70.
Rest ALLAH KNOWS BEST.

Wasalam

khalid replied on Saturday, May 9, 2015 11:14 PM PST

cmy shahib this one my third time post please let me knowcmy please let me know what u think dha phase 7 567 w is this good investment and what u think next 2 to 3 yeadr price thx

AKHTAR ABBAS replied on Saturday, May 9, 2015 11:15 PM PST

CMY saab, I am sorry but according to my knowledge 5 marla is still under 25 lac.Many files in market in 24.May be I were wrong but I have confirmed from some reliable source.Agreed with 1 kanal file rate.

CMY replied on Saturday, May 9, 2015 11:30 PM PST

AKHTAR ABBAS bhai you dont have to be sorry. Your dealer may still have it from his client at lower price. We are posting average rates. Some can be higher some can be lower. Its very fast moving hours. Wind swing each hour of 1 lacs plus minus. Madness for buyers sellers dealers. Cant guarantee rates accuracy like we do in normal trading days. We have to give you rates where we can possibly give you a file.

CMY replied on Sunday, May 10, 2015 12:21 AM PST

AKHTAR ABBAS bhai I have double checked with other LRE team members buyers were available at 25 at close but files were not.

AKHTAR ABBAS replied on Sunday, May 10, 2015 02:07 AM PST

Thx most respectable CMY saab for rechecking.I will also recheck again in morning may be situation will be different.As market is changing so sharply no one can pridict the exact market.I have check at 4 pm may be you have checked at 6 or at 7 then possibilities are there for 1 lac difference.

(61990)

Abdul Qayyum

Saturday, May 9, 2015 10:05 PM PST

Reply:

Sector shop for sale on urgent basis

Ad Type

City

Scheme

Phase

Block

Plot

Size

Demand(Rs)

For Sale

Lahore

DHA

2 marla sh

12500000

Sector shop for sale in DHA-8 block-V. Price as per market rate. Urgent sale

(61989)

Saturday, May 9, 2015 09:26 PM PST

Reply:

Dear CMY Sir,

As per your assessment rates of phase9 files have started to move up since today afternoon, now sir, would this sentiment be carried on tomorrow and in the next week or selling pressure will prevail from Monday. This highly volatile market trend has affected small holders as panic strikes them first.

Pl respond

Regards

zaeem Ishtaiq replied on Saturday, May 9, 2015 09:49 PM PST

Ya i were also expecting that rates will rise up in evening or in 2nd half of the day but it surprised me.If rates were still going down then i don't think so it will rise again on Monday,Tuesday,Wednesday.There may be possibility that in last 3 days before ballot prices will shoooootttttt up but but but but Currently there is "Unpredictable Situation" for small investor.To much risk.May Rise may go down.Small investor like me are thinking to sell before ballot then after ballot again enter in market.Let see what will happen.God knows better.

ABC replied on Saturday, May 9, 2015 10:31 PM PST

I booked 10M in 39. How its rising.

Moin replied on Saturday, May 9, 2015 10:43 PM PST

Seems like dummy visitors running intrigue Q&A sessions on the forum.
Isn't it?

ABC replied on Saturday, May 9, 2015 10:47 PM PST

Man am not dummy. Send mr your email. I shall send you copy of my token receipt.

Moin replied on Saturday, May 9, 2015 10:50 PM PST

@ABC: I take your words for it, my comment was not intended for you.

Moin replied on Saturday, May 9, 2015 10:53 PM PST

@ABC:Post from CMY: (a moment back!)

Closing rates of DHA9 Proper
Closing rates
Residential files all available

25
42.50
59.50

Commercial
215

Choudry Mujahid Yasin ( CMY )
info@LREPK.Com

RANA replied on Saturday, May 9, 2015 10:56 PM PST

Salam to all,

Prices of phase.9 will rise in either way before ballot or after ballot, INSHAALLAH.

In these two weeks just short term-inverstors are playing. So all others those who wanna keep their files they would't regret INSHAALLLAH.
Just be patience and ALLAH is with Sabereen.

WASALAM,

Anwar replied on Sunday, May 10, 2015 02:38 AM PST

Three\four days back DHA has made bulk purchases of files of Phase 9 from local market which resulted, sudden rise in the prices of all files.Once DHA stoped purchases and moreover at the same time, NDC issuing process also terminated from very next day decline in file rates was observed.Since DHA has bought 1 k file at 63 lak and 10 and 5 marlas arround 43 and 27 lak respectively. Hence as per my thinking same will be the minimum tharash hold for each file. I would humbly request CMY bahi for his valued comments please.

CMY replied on Sunday, May 10, 2015 03:33 AM PST

Anwar your point is valid DHA boutght 400+ files at 5Marla @ 27+ Lacs , 10 Marla @ 43+ Lacs and 63+ Lacs for kanal.

The prices should go back to these figures at least.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

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