Tahir Chaudhry replied on Saturday, May 2, 2015 12:34 AM Dear CMY, You're a great service to the people of Pakistan's origin all over the world in matters of Real Estate. I follow this forum regularly and gets very valuable professional opinions and ideas from all the respectable participants especially from your posts, as you're the most wanted person on earth here. People love you. I'm in NJ; yr breaking news of balloting is very encouraging. Looks like you work so long hours and I wonder how you get some rest if any. I enjoy yr witty quote.. "putter tenoon tey plot chai da ay teenon ke lagey check meno maley ke ke investor noon".. Yesterday I filled in LRE form online with my Allocation Letters Nos. and paid up Membership Rs.22830/- each for 2 files of 1K.(Ph-9). Hope LRE got it. Will appreciate confirmation please. Best Regards. |
CMY replied on Saturday, May 2, 2015 01:00 AM Thanks Tahir Chaudhry bhai so kind of you. We need just 2 to 3 working days to check from DHA office. Will get back to you after check and also with ballot results I did use to get a good 5 hours sleep before but now Its shrunk to only 4 hours during this week :) Congratulation Choudry Mujahid Yasin ( CMY ) Info@LREPK.Com |
Tahir replied on Saturday, May 2, 2015 01:41 AM Thanks with best regards. |
Jameel replied on Saturday, May 2, 2015 04:43 AM Dear CMY, Thanks for detailed reply, there were many things even unknown to me, I am always in Hurry in Pakistan and taking your advice years back once I went for a allocation file and transfer was smooth like a plot and all money paid to owner, Looking at this process of affidavit, there are so many cards not with Buyer but seller as well, no matter how vigilant and clever buyer is there can be issues especially when market is hot and price is changing every few hours. I bought a file in Cold Market at that time I came to know !. File Prices though given as "Gold Rate" are not accurate, and there is bargain of 1 to 2 Lac, 33 Lac File I Got in 31.50. 2. I had to wait for few days to find bargain rate but dealer was offering from the first day affidavit file at 31.25 but I was interested in getting allocation. Can you give comments about bargain in file price and why affidavit was available Cheaper or easily where as you told opposite. |
CMY replied on Saturday, May 2, 2015 04:58 AM Mostly affidavit are priced higher but their transfer cost is lower. Every once in while a big seller come to market to sell all his files because all are cleared on one day. Actually some times many land owner get multiple files cleared on same day. Its habit of allmost every land owners to sell their cleared affidavit files right away asap evwn in same day. They never saw this kind of miney before. They come to DHA on Yamaha but want to go home in camery. Just kidding. Oversupply due to clearance on same day drive their price lower than allocations. Before people were very uncomfortable with affidavit files but now its most sought after due to tax non documentation no CVT etc abd lower net transfer costs. Hope you understood the reason now |
CMY replied on Saturday, May 2, 2015 04:58 AM Mostly affidavit are priced higher but their transfer cost is lower. Every once in while a big seller come to market to sell all his files because all are cleared on one day. Actually some times many land owner get multiple files cleared on same day. Its habit of allmost every land owners to sell their cleared affidavit files right away asap evwn in same day. They never saw this kind of miney before. They come to DHA on Yamaha but want to go home in camery. Just kidding. Oversupply due to clearance on same day drive their price lower than allocations. Before people were very uncomfortable with affidavit files but now its most sought after due to tax non documentation no CVT etc abd lower net transfer costs. Hope you understood the reason now |
Jameel replied on Saturday, May 2, 2015 05:06 AM I guess it is matter of what is available at that time in bulk |
MMR replied on Saturday, May 2, 2015 09:30 AM Dear CMY Sb, Thanks for this valuable information.Please clarify, what is the right time(at which step of transfer process) to make final payment in case of affidavit transfer. Moreover, is there any possibility, seller (owner) could go with anther buyer after depositing the transfer fee incase he gets better offer from that buyer. |