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DHA 9 ONE KANAL FILE,

(84971)
   Ashfaq Khan
Sunday, May 3, 2015 01:58 PM 
Reply: >
Dear CMY Sahib

Is it financially viable to buy DHA 9 one kanal file at around Rs 63 lacs? Kindly reply.

:h :h :h
DURRANI replied on Sunday, May 3, 2015 02:11 PM 

Very much viable
CMY replied on Sunday, May 3, 2015 02:24 PM 

Yes Ashfaq bhai 99.999% its possible. Let me explain why?


If prices of DHA9 reaches 153 Lacs in 5 years for its plot you will make 65 lacs with your current investment for next five for only 65 lacs. You will only get file transfers and will not pay any development charged til you sell.

Your investment cost for kanal including transfer costs is 65 lacs

Your fine amount for non payment development charges for 5 years about 4 lacs


To double your money you need 129 lacs. Buyer will pay development charges 19 lacs at sale price of plot at 153 and you will pay fine of 4 lacs. You will get net profit of Rs 65 lacs on only 65 lacs investment for next 5 years. That is 100% gain.

DHA administrator said on Z block ballot he is going to start 24 hours development work to complete in DHA8. A tender for fast track development work to complete it in less than 3 years from start of work to be given in news papers soon. Perhaps even before ballot. DHA Lahore now have formed their own marketing team under new administrator that is working hard to improve DHA Lahore image and marketing skills. They are going to offer houses and apartments on installment in DHA Lahore phase 9 so they need fast track development to make their job to sell those at best prices.


I am told he also told to people close to him he intend to award development contract for DHA9 on fast track basses and want to see work done 24 hours to complete it in record time. Max 3 years. But I will add 2 more years looking at slow pace in past phases.

Even if plot possession is not given its price will be above 153 lacs. if possession is give its price will be like DHA6 today at 200 crore. Keep in mind in five years inflation must be added to today's price of developed ready to build plot. DHA 6 plot then will be at 3.5 crore and DHA 7 at 2.50 crore in 5 years from today on day you will sell your DHA9.

Lahore Ring road southern loop will be complete by than. Even if not a single road is made in DHA9 after 5 years.


You will gain 100% in five years on only 65 lacs amount you will be locking today for DHA9 one kanal file.

If any one disagree I want to know reason or logic like me to disagree. I love serious debate. And enjoy posts of people who disagree more that who agree with me :) :) :))))))


Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com
Ashfaq Khan replied on Sunday, May 3, 2015 02:53 PM 

Dear CMY sahib,

Many thanks for your comprehensive reply. There are many reasons that we respect you and love you.

May Allaah bless you whatever you want.
k noor replied on Sunday, May 3, 2015 03:04 PM 

Mr.CMY I partially agree with your future vision of Ph 9 but I dont agree that is the right time to buy a file... as per my opinion if you want to get the benefit from Ph 9 be patient i repeat BE PATIENT AND HOLD YOUR HORSES.... best time to buy a file would be 2-3 months after balloting as at that time there would be expected to be selling pressure in view of large quantity of plots and tendnecy to take profit....THUMP RULE FOR PROPERTY... INVEST WHEN MARKET IS DOWN AND LEAVE THE MARKET ONCE PRICES ARE GETTING HIGHER >>> TC
Rana replied on Sunday, May 3, 2015 03:08 PM 

CMY Sahib,

Your Analysis is right according to the present conditions of the Country. I think even there is no place in world to give you such percentage of gain in few years.

I personaally observed with the passage of years even on worst conditions in country,the best Business in world is the real estate Business in Pak.

International politicswise, economically and geologically Pak is very important even its having lack of security.

Can someone imagine in this Situation you are gaining without any headach, what could you gain if conditions were as in europe and USA.

As Mr.CMY told everyone should think, see past 5 years records of Prices, and take Action, not just Keep thinking and thinking till you miss the Train.

ist said, " think before you speak". Its never said, "think before you quite".

If i don't mistake, The price of one Kanal of dha.9 was 15 lac and now 65 and so on........

Rest Almighty the Creator knows Best.

Regards and good luck,

Rana
Germany
Ashfaq Khan replied on Sunday, May 3, 2015 03:20 PM 

@ k noor

It is good that we have positive discussion at this forum. I don't say you are wrong but please note buying file today would have a chance to get good location plot and after ballot it might be impossible to get good location plot at desired rate like Rs 65 lacs today.
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