hadeed replied on Saturday, May 16, 2015 05:04 PM Phase- 9 has been a complete disappointment as file holders waited for so long and ultimately gains are nothing. Few brokers with their vested interests created un-necessary hype in market and earned money from ordinary men who believed on them. I have always emphasized that one has to go personally to an area before purchasing it.Phase-7 is much batter once you compare it with phase-9. At least one will not wait for another 10 years and one can see what is on ground. Phase 9 map makes phase 7 look like a blessing. |
MNM replied on Saturday, May 16, 2015 05:06 PM Let's wait for CMY to give complete picture. Including for people like me. |
Fakher replied on Saturday, May 16, 2015 05:06 PM CMY Bhai , when you say POLO GROUND area , do you suggest it is not a good commercial area? or otherwise? |
overseas-man replied on Saturday, May 16, 2015 05:07 PM Sir CMY, Phase 9 has several leather tanneries at the south end. HEXAVALENT CHROMIUM from tanneries waste is lethal. Surprisingly, no one has discussed this serious health hazard. It is is not a good place to raise your family. Please do some research of leather tanneries toxic waste. Please comment on this big issue? Thank you. |
Maria replied on Saturday, May 16, 2015 05:08 PM Mr. CMY, too many rookies/unprofessional agents here giving weird responses. Can you help me evaluate my plot? sector L. plot 1418. |
senior-citizen replied on Saturday, May 16, 2015 05:11 PM Ladies & Gents: My apologies but after balloting, Phase 9 does not live up to the hype that was created around it. There are so many holes and pocket that the whole area looks like occupied territory. I mean it is a joke that Oval Complex and polo ground in surrounded by Dev Klan village, Dav Krurd village and some cheap Anmol Housing Society. I mean come on . |
senior-citizen replied on Saturday, May 16, 2015 05:13 PM Forgot to mention an existing graveyard and a proposed graveyard. |
Ahmed replied on Saturday, May 16, 2015 05:16 PM CMY is right when he says where in Lahore you can get a plot located in decent society for less than 80-90 lacs and this is DHA! There is absolutely no doubt that Phase 9 will gain in value in long term. But I disagree with CMY when he recommends people to sell from Phase 6 or 8 and move to Phase 9. Just have a look at the maps of these phases and quality of town planning. |
sana-ullah replied on Saturday, May 16, 2015 05:30 PM South of Phase 9 is an industrial area with some of the biggest polluters in Lahore. I just picked the following name among many of the factories that are at south of Phase 9 Sectors K, L, M, N and P: Alogside Rohi Nala Road Hafeez Shafi Tanneries Firhaj Footwear Nishat Mills dying unit Shahzada Industries Dear dealers please explain as to why you guys did not inform the public about this important information about Phase 9. Thx. |
Ahmed replied on Saturday, May 16, 2015 05:38 PM Mr Sana-Ullah, if you were a buyer in phase 9, why didn't you find this information before putting your hard earned money in it. OR if you weren't a buyer, still why didn't you get this information before and share with us when it could have been useful. |
sana-ullah replied on Saturday, May 16, 2015 05:45 PM Mr Ahmed, I bought 2 files back in 2007 when it was called Phase 9/10 and there was no information about the size and scale of these phases other than generally identified location. You are right that we should've seen the various anomalies around the overall area. However, we were expecting a clean plotting and not 5 or 6 villages and other smaller societies right in the center of the Phase 9. If this was not the case, the Phase 9 could easily have been considerably away from the Rohi Nalla. Regards |
new-invstr replied on Saturday, May 16, 2015 05:55 PM AoA, Some gud points are made here. It will be nice if someone from LRE kindly reply these concerns. Another point - most of the plots that ppl are asking about are in bad locations where did all the gud plots went? |
MNM replied on Saturday, May 16, 2015 05:57 PM Exactly-- we knew of location but not that DHA will fail to acquire land properly. |
Raja replied on Saturday, May 16, 2015 07:14 PM The fact is DHA was not fully ready to ballot phase 9 this month or next months. They did it quickly to secure themselves from land acquisition by Govt. Some true stories are behind, but cannot mention here. Even though you can see many lands DHA could not acquire yet cause many irregular pockets inside all Phase 9. Reading its official map, it can easily be concluded more than 40% of total plots got either worst location or bad locations in each block. Specially J, K, L,M (South half), N, P (Near Drain), R blocks will not gain much rather would loose price than file. B block has excluded area which DHA could not get it yet, but was in process, if failed then this block may also loose value. People are getting panic after seeing map which is not found better than all other phases and asking only one question is their plot good or bad located. This panic will be increased when all would come to know their locations and will rush to sell starting next months. So an average location plot would easily fall below 75 Lac including Dev.Ch. Now best location plots may not get price even 90. People (mainly big investors, being part of them) who sold their files before ballot remained The Best. Gained profits, no loss by getting bad/worst plots. Due to above and other factors, good and best plots will NOT be able to rise as many people were thinking but may be after 3-5 years subject to DHA development starts & speed. But who can wait for next 3-5 years to see it where as market has other much better & quick investment options??? |
Raja replied on Saturday, May 16, 2015 07:28 PM Note: Don't sell or buy based on my above comments. Use your brain, get maximum knowledge, discuss with many before taking your final decision. May Allah be with us. I kept few facts here hiding myself as Im part of people who drive market for their own interests only, so sad. |