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(61938)
   Sheru
Friday, May 8, 2015 03:05 PM PST 
Reply: >
DHA Phase 7 - 2xKanal plots
Respected CMY - You had promised to respond to my request below and since your opinion really matters to me, I look forward to some input.
____

Respected CMY sb,

I have requested this info earlier but I appreciate you have been very busy and overwhelmed with so many questions here.

Regarding the 2 kanal query above, I have read this on this platform before in some posts about phase 7 2xkanal plots being very underpriced. I do not have plans to construct immediately (not before 4 years atleast) and I have one kanal plot in phase 6, which I can sell and buy 2xkanal in phase 7 in order to construct home on it later. The price is almost the same with just a very small or no difference.

Do you think this will be a good decision? I am quite tempted as this gives me double the amount of space just a few minutes ahead of where my current one kanal plot is. Also, given that most new phases have very limited 2 kanal plots (i.e. some in phase 8 and none in phase 9) also indicates that 2 kanal plots may become a rare thing in the next few years.

Although, I will eventually construct but just in case, do you think in case I change my mind later and want to sell, I will make some gain on phase 7 2xkanal plot? If so, how much do you expect in 5 years for a 2xkanal plot that will cost me around 185 to 190 lacs now?

I will be indebted for your response just once, please!
CMY replied on Friday, May 8, 2015 03:10 PM PST 

Go for it If nothing else you will double the price in 3 to 5 years with two kanal in DHA7 but DHA6 residential wont double any more in next 10 years.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com
Sheru replied on Friday, May 8, 2015 03:12 PM PST 

Chaudhry saab, for you this might be a one liner but for me, this is the end of a long mind battle which you have now resolved. Thank you for your wise suggestions (always).
CMY replied on Friday, May 8, 2015 03:17 PM PST 

If I Knew its was going to be that easy to convince you I would have said that on your last post and taken you out of all this confusion :)

Go for it one house are built 2 kanal buyers pay any amount. Shawk da koi mul nia


Chodury Mujahid Yasin ( CMY )
saima replied on Friday, May 8, 2015 04:05 PM PST 

which block is best for two kanal plots,plz advise thnx
Sheru replied on Friday, May 8, 2015 04:12 PM PST 

@Saima: It appears that 2 kanal plots are in U, X and Y blocks. If you look at the map and based on my limited research, X block looks the best as it has direct approach (150 ft road) from Golf Course whereas for U block, there are a few twists and turns and several grid stations. Y block also seems good but it appears that X block has the largest 2 kanal plot community!

CMY sb / LRE can advise much better!
saima replied on Friday, May 8, 2015 08:13 PM PST 

thnx sheru one more Q is ph7 4 marla commercial file capable of giving excellent profit with in a year or two?thnx
saima replied on Friday, May 8, 2015 08:33 PM PST 

dear experts which one is better 4 marla commercial file dha 7 or 2 kanal plot ph 7 for maximum gain in 1 to 2 years time frame,thanks
Sheru replied on Friday, May 8, 2015 09:59 PM PST 

@Saima - In my opinion, commercial plots gain relative to population. If this is purely from investment purposes, I am not sure, maybe commercial. However, if you may consider making a house and at the same time want the value to grow, I would recommend 2 kanal plot as you will have a lot more buyers than sellers and it is safer irrespective of any trend towards phase 7 commercial or not.
Jameel replied on Saturday, May 9, 2015 02:22 AM PST 

These Plots are under priced at the moment, and improve a lot but there is a difference here most 2 kanals are Located on the Main but it is a cluster,
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(61937)
   Rahza
Friday, May 8, 2015 02:55 PM PST 
Reply: >
Dear CMY,
well i am just in confusion. First i thought i will hold the Phase 9 5 Marla File and wait for the ballot but now after comments from your office team i got confused.
i bought file in 18.50 (minus commission etc.) so what should be my next step.
will i get 30,31 (Without Development Charges) just after ballot (even i get not a good location plot.) ?
i can hold the but i dont want to hold for a year...just want to rotate...
Rahza replied on Friday, May 8, 2015 03:13 PM PST 

CMY has not changed its stance...it was only one thing...that at which price one should by 5 Marla file...
Now i have cleard my mind...now i will go for ballot with all faith not on CMY but on Allah ...i will get what is written in my fate..
thanks CMY for your guidance :) stay blessed...
SSD replied on Friday, May 8, 2015 03:26 PM PST 

Best of luck Raza , just Believe in Allah and relax
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(61936)
   asim
Friday, May 8, 2015 02:36 PM PST 
Reply: >
advice
Sir I have 10 marla phase 9 file should I sell it or hold it?
AH replied on Friday, May 8, 2015 02:48 PM PST 

Hold it if you can pay development charges and sell after 3 Years. You will get benefit. If no then sell after Monday as prices will be high.
Atif Shaikh replied on Friday, May 8, 2015 02:52 PM PST 

But after monday no buyer will be available. I sold my 5 marla file yesterday at 24,75,000/- with difficulties as no buyer is available in the market. 300+ NDC are applying n daily basis so market is down. Hope so from monday market get good opening.
AH replied on Friday, May 8, 2015 03:04 PM PST 

Please allow me to use CMY words, "WILD swings". You have to understand this. These swings you will see in Market. When prices reached at 27, everyone brought stuff in market. I am 100% agreed with CMY that on Monday it will revert back.
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(61935)
   Khalid Mehmood
Friday, May 8, 2015 02:12 PM PST 
Reply: >
Phase 9 Lahore
Dear Choudry Mujahid Yasin,
First of All i pray & wish for yours health.
Still i remember our meeting held in yours Lahore office 2009 (with a cup of tea), and yours strong arguments sport to purchase phase 9 Res file @ 15 Lac.
I miss the train and investment with another LDA scheme after five year I loss my capital value (Inflation).
But now i am with you that Phase 9 Lahore Commercial 8 MB file are hot cake like phase 6 MB now a days. Its prices and location are at main MB 150 Fit Road.
What are your suggestion for prices after Ballot for 8 Marla Commercial plot? What are yours views about its value after three to five years time frame? when its position will hand over?
Regards,
Khalid
SAM replied on Friday, May 8, 2015 02:13 PM PST 

Question..if some one exit from 5M at 24.50 just before ballot by thinking he will added 6 lac more and go far multan file. is it correct decision for one year investment or he should retain 5M file for one year after ballot?????? Mr CMY or anyone response plz

regards
Rahza replied on Friday, May 8, 2015 02:43 PM PST 

@SAM ..it is the critical thing these days....ms also in same fix ....
AH replied on Friday, May 8, 2015 03:00 PM PST 

First thing is first do ISTIKHARA and meet personally with CMY. Since you are talking about high value investment.
Secondly no one lose money everyone is getting own fate. The third thing keep lesson learned as your own asset.
CMY replied on Friday, May 8, 2015 03:46 PM PST 

Khalid Mehmood not many people can ever understand why in DHA phase 3 a best located 8 Marla commercial plots constructed plazas are selling for 12 to 15 crore in DHA Lahore phase 3 Y block the most sought after place right now with fully populated for years BUUUUUUUUUUUUT why people pay more for DHA Lahore phase6 half the size 4 marla commercial constructed plaza that just got possession only 7 years ago is selling nearly 10 crore with less than 30 % populated area.

Same thing will Insha Allah happen for 4 marla commercials in DHA9 when that is ready for possession. Its 4 marla will be same priced as DHA6 are today. At that time and day DHA9 will be most modern phase with latest housed and neat and clean wide boulevards and modern design plazas suitable for that time. It may take 5 years or it may take 10 years but one day both DHA6 commercial of 4 marla will have same price. You could count what will be price of DHA6 commercial in 10 years that will be same price of DHA9 commercial on same day.

I will leave it to imagination of readers what will be price of 8 marla commercial plots than after 5 ot 7 or 10 years because they are double the size of DHA6 4 marla plots and also on same size or even larger road. 4 marla not good for any multi national any bank any restaurant any shoe store any estate office any clothing outlet any super store backery etc BECAUSE you have to provide big entry door w space for stairs and lift. What is left on ground floor after these three ? Nothig. You cant even put three desks w chairs in that small space. In Lahore only ground floor does the business and 8 marla size is most suitable for any kind of business on ground floor.

Multi national and Banks ONLY go for large ground floors of at least 8 Marla size. They hate 4 marla size. DHA made huge mistake by making all 4-Marla commercial plots one main boulevard on DHA6. Tried to correct it in N Block DHA6 but wont be able to match 3 Kilometer long main boulevard market of 8 marla plaza. One side DHA10 other side DHA6-7 Other Side Ferozpur road last side DHA5 to be served by DHA9 4 and 8 Marla commercials.

Cant wait to see the map of DHA9 Prism. Too many friends here bought these 8 Marla commercials from me at 255 in last year lacs to lest weak at 324 lacs. Today its 345 lacs. Cant wait to see opening price of DHA9 Prism commercial of 4 Marla to 8 marla. I wont let any one of my friends/clients sell any of them before 5 years minimum for sure. BTW one they will be rising at fastest speed why would any one sell if dont have better option than that.

If any one have as secure as high returning I want to know it.

Time to sleep. All emails sent for ballot ready other than today form submissions. I haven't even checked rates today. I will check them on Monday :) Before that they have no meaning for me.


Choudry Mujahid Yasin ( CMY )
info@LREPK.Com
Khalid Mehmood replied on Friday, May 8, 2015 06:43 PM PST 

I really thanks for yours time & complete comparison of phase 9 Lahore 8 Marla MB commercial plot. Its HOT CAKE and best investment return of today scenario.
I appreciates yours property command, analysis specially DHA Lahore.
Regards,
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(61934)
   Ahsan
Friday, May 8, 2015 02:03 PM PST 
Reply: >
Grand Avenue Development in Full swing & investment Opportunity
Dear Respected Forum Members

Please check the below link for development work in Grand Avenues.

http://www.uda.com.pk/grand-avenues/development-work/road-work/#


Development work in Grand Avenues is in full swing and the news is that they will give possession in August 2015 for 1 kanal plots in block A(Confirmed from their office).

It is a least discussed scheme at a very strategic location next to Bahria Nasheman on main road and prices are low in the market. It is approved now from TMA and not included in LDA illegal list anymore.

I request forum members to discuss the investment options in Grand Avenue. I have spoken to few dealers and they said that now the prospects are good and prices will increase sharply within a year once they give possession in A block.

Regards
Ahsan Ali
Ahmed UAE replied on Friday, May 8, 2015 03:26 PM PST 

Dear Ahsan, I am also having plots in Grand Avenue and regularly keep an eye on development status. although there is on going development for Block A , but what about block B and especially 10 marla plots. further more for your information if u visit WWW.lda.gop.pk, there u will find that grand avenue still in not cleared list by LDA
Ahsan replied on Friday, May 8, 2015 05:35 PM PST 

Dear Ahmed

They are working on Block B as well and did some changes in Map too to offer new 5 Marla cutting in B block by reducing commercial plots. The illegal list of LDA which identifies Illegal societies in Nishtar town domain on Ferozpur road does not contain "Grand Avenue" They got approval from TMA in 2012 July. They are advertising in newspapers and if the society is illegal it is not possible now to advertise (As far as I know). They have submitted all their paper work to LDA after approval from TMA (you can get confirmation by calling them)

I have spoken to many dealers and found that the issues has been resolved. It is a small society with only two blocks (A& B) and INSHALLAH very soon the prices will improve. They are doing marketing in newspapers and attempting to lift its appearance by doing extensive plantation and green belts.

In sum, the situation has changed and it is changing in a positive direction. You can see on ground development and construction of houses. Many dealers opened their offices in Grand Avenue and trade is happening.

I was thinking to sell my 2 plots but after observing ground reality and prices in the surroundings such as Bahria Nasheman( 5 marls 25-28).I have changed my mind and don't want to sell now. I am positive that it will pick up soon and give good gains INSHALLAH.
Ahsan replied on Friday, May 8, 2015 06:12 PM PST 

Dear Jameel Bhai

With Due Respect

Thanks for your valuable input. I totally agree with you that based upon ground realities it is highly underpriced and quality of development is excellent.

Kindly, please advise us what is your anticipated price of I kanal in Grand Avenue & central Park after three years (currently 30& 40 lac respectively). Your insight and deep analysis help us to make some right investment decisions.

Regards
Ahsan
Jameel replied on Friday, May 8, 2015 06:34 PM PST 

inshallha will catch 52, 53 in resale Market till that time. i.e 22 Lac gain from this point . When few houses will be there the difference with Central Park will finish.
I Think you Bought in 25 at Installments Hold it
Ahsan replied on Friday, May 8, 2015 06:42 PM PST 

Dear Jameel Sahib

Thanks, yes I got on 25 lac installment and I will INSHALLAH hold it as per your advice. Please give me your email to contact you.
Jameel replied on Friday, May 8, 2015 06:51 PM PST 

jameelm68 at mail dot com

to avoid spam search engine

Pls don't mind if I cant reply in time
Ahmed replied on Tuesday, March 3, 2020 04:33 PM PST 

Dear,
Can anybody tell me Grand avenue is approved society is it safe investment.
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(61933)
   FireWalker
Friday, May 8, 2015 01:50 PM PST 
Reply: >
I am looking for a good investment opportunity. And I want to stay within DHA property investment.
Under current market conditions:

1. What is a good phase to invest in, starting with 5 to 10 marla land size? And something that you don't have to hold for eternity.

2. Someone told me that Phase 8, 10 Marla is a good investment as the price will go to 1.25 Crore if it is held for 1 to 1.5 years period. Please advise.

3. What is a good way to find out about charges, taxes etc. that we have to pay to DHA. So that total figure of purchase including price of land plus extra charges can a estimated.

4. Is there any tax called CVT tax while purchasing property and is 5 marla exempt from it?

5. There is no price history of any plot of file that is there out in the market. How do we know that we are not buying land at inflated price? Without know the price history it is difficult to determine the real value of land.

Any response is appreciated.
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(61932)
   Khurram
Friday, May 8, 2015 01:44 PM PST 
Reply: >
state life phase 2
Dear CMY
Pl comment on the future of state life phase 2. Will prices inc after ph 9 ballot. Regards
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(61931)
   Asif Bulgaria
Friday, May 8, 2015 01:42 PM PST 
Reply: >
Salam. CMY sahab. I hope you r in good health by the grace of Almighty. I will appreciate if you advice me in respect of 5 marla file in DHA 9 TOWN Lahore (Shuhada town). My questions are as follows.
1. With ur great experience what would your guess about his balloting and development start.
2. Whether development start first or bollotting
3. What is your guess price near balloting or development start.
4. What is your guess price of 5 marla plot at time when people start building there houses
May Allah give u good jazz for this advice.
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(61930)
   Phase 9
Friday, May 8, 2015 12:54 PM PST 
Reply: >
Will my file be included in ballot if I get allocation file transferred in my name on Tuesday .Thanks and Regards
CMY replied on Friday, May 8, 2015 01:04 PM PST 

Yes if that allocation was issued before April 30th 2015

Choudry Mujahid Yasin ( CMY )
Headliner replied on Friday, May 8, 2015 01:55 PM PST 

In how many days one gets the NDC if you apply today
Faizan replied on Friday, May 8, 2015 02:06 PM PST 

With in two working days one can get NDC after applying.
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(61929)
   Ejaz
Friday, May 8, 2015 12:43 PM PST 
Reply: >
DHA Phase 8
Dear CMY sahib,

What are the prospects of plot nos. V-1236 to V-1256, PH. 8 being converted to commercial plots some day, just like what happened in Gulberg? What is the current price range of these plots?

Best regards,
Ejaz
AH replied on Friday, May 8, 2015 02:18 PM PST 

DHA don't convert residential plots into commercial. They develop to live and to breath people as well. For commercial. Buy phase 9 8M
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