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 Monday, April 2, 2012 11:45 PM PST Reply: 
Factual Facts and real price of DHA-9 Dear Friends  In one of the add bellow ref.58235 10 marla plots in DHA-9 are on sale and prices are around 40 lac. DHA Town Lahore Phase 9 Near A 170 @ 40 Lacs 10 Marla On Installments DHA Town Lahore Phase 9 Near D 1098 @ 38 Lacs Instalments (10 Marla) Now if 10 marla plots are 40 lacs What should be the price of 1K allocation file price in DHA-9.  Am I right if I say 1K allocation file in DHA-9 should be 35lac at-least . 
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| Irfan |
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Monday, April 2, 2012 12:06 PM PST Reply:
Aslamoalikum, Brothers apologies topic not being related to real estate but I noticed few friends from Saudi arabia and have a query How difficult it is to sponsor mother on visa in KSA, my mother age is under 60 and currently in Dubai but will be moving to KSA under new Job and wish to keep my mother with me? Regards,
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Monday, April 2, 2012 12:01 AM PST Reply:
OK, i apologize to all DHA9 lovers … i may be bit rude but i tried my best to give my opinion to common people … I sold my file at 23.6 and i was expecting to buy one again at 18.5 … But with current price i think i made a mistake … it can maximum come down to 24 now  … still i believe that DHA9 file price is unrealistic … It should trade at 21 to 22 lacs max. .. |
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Sunday, April 1, 2012 08:43 PM PST Reply:
Dear All, Jazak Allah, please help me out. I reside in Lahore while my permanent residence in Sahiwal. I want to buy plot now and to build it later on might be after 4-5 Years. I have budget 20-30 Lac. I am thinking Bahria Town being on Multan Road as I need to travel Sahiwal fortnightly. DHA Phase-9, Lake City and ICON Valley are also in my options. Little confused, need you brothers’ guidance to comment which one would suite my travelling as well as calm, peaceful and secure. Allah bless u all.
Shafey Tehseen replied on Monday, April 2, 2012 05:40 PM PST Dear all, thanks to all for the quick guidance. I impressed with Saeed and Irfan’s approach. I am not in hurry and can wait 6-8 years in developing my dream home. I think its good to go for DHA-9 as it is closer to Lahore City helpful my kids in approaching institutes rather i prefer my travelling concern to Sahiwal. Now, if DHA-9 is the choice, please let me know the total estimated cost to buy 1-kanal with agent fee, stamp duty, agent commission and all other charges. Now a days, AG, CMY are not in picture. I hope they are fine. Inshallah. I guess the estimate from the posts available is (24+2) 26 Lac approx. but I need to know the breakup of other probable charges and whether we have to go through agent, if yes, which one is reliable? What is the difference between buying file & buying plot? |
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Sunday, April 1, 2012 11:30 AM PST Reply:
I am enjoying this discussion on the forum. Thanks for presenting both the views here on this forum about Phase-9 files. I am an overseas Pakistani living in GCC who bought a Phase-9 1K file recently in Jan 2012 in 24.9Lacs. I am a serious buyer with intention of a long term investment. My friend, a keen businessman in Lahore having a significant amount invested in various phases of DHA Lahore for personal use, recommended this property for investment to me around 18 months back when it was still somewhere near 14Lacs, I took a while to decide and when I decided finally the file price was well above 20Lacs. Why I still found it appealing at PKR 25Lacs + Development Charges (say 15Lacs but keep in mind that this is to be given at a later stage), is because where else in Pakistan you can get in to DHA at this price (i.e. 25Lacs). Before investing here, I checked DHA Karachi, some apartments in Islamabad and some other plots in Islamabad’s private societies and all of them were equal to or much higher than this price that I paid for DHA Phase 9. And then obviously it is DHA and in this materialistic world, brand name does count, so it was better to get a plot in DHA rather than an XYZ Society. My friend advised me at the time of buying that DHA Phase-9 will be balloted after 3 years and possession will be in 7 to 8 years, however if I believe this forum then it is much earlier than that. Anyways, this did not affect my desicion as I was looking for a long term investment. Hope all above will give you opinion of a serious buyer who is interested in building his dream home in Phase-9 at some point in future. However man proposes and GOD disposes. And verily Allah is the best desicion maker. So I leave my affairs to Almighty Allah. Ameen.
UnRealisticPriceOfPhase9 replied on Sunday, April 1, 2012 08:41 PM PST Hi all, I agree with ‘Sincere advice’ that if you buy at higher price (26+ Lac) + Transfer Charges (1.6 Lac) + development charges (12 to 15 Lac) totaling 40 Lac + and if your plot is ballotted at worst location like near Drain / GundaNala, or away from main location, Its value would not be more than 32 to 38 lac after ballotting like in DHA Phase 7 or 6 some of the worst located plots are currently valued start at 34 or 36 lac max even these phase 5, 6, 7 have been balloted long time ago. I also agree with jk to not to be negative but you should always expect something unexpected and all aspects in mind. To be honest, its not something to be negative about phase 9 but everyone has to be careful while buying especially who has earned /saved the halal money by hard work of their life. For Forum reader, its not something creating negative Rumors about phase 9 file. We are not dearler/broker but just ordinary people of society and by expressing our point of view in favour or against favour of Phase 9. Don’t be offensive if someone express against it especially rapid price increase which make it suspected that price is not original & fabricated or maked up like when a women make up her face, its look so pretty but when wash the face, its back to original/natural beauty. And you would agree that natural beauty is the genuine beauty. Take care….. |
asim naseem replied on Sunday, April 1, 2012 11:34 PM PST dear unrealistic price of phase 9 plz stop confusing ppl abt loction of phase 9 ,y dnt u see the phase 7 z block location its the corner of whole dha and the worst location of dha, but rates still stads there and the plot cost there 38 lac and i believe the worst location plot of phase 9 would worth more than phase 7 z block and the goood location plot of phase 9 would worth near phase 5 extanion plot , y u always pick up the negitve points of tthe dha phase 9 well now u did a calculation and trying to throw michee in the eyes of ppl and said phase 9 worth more than 40 , maray bai jab balloting ho ge phir ja kar app ko 15 lac pay karna paray ga and dear at the time of balloting, file ka rate bohat uper ho ga abhee file sirf 26 lac may cost kar rahee ha , dear abhee 26 lac spend kar k app ko dha ensure kar raha ha good lacation plot in dha , and tell me what if a person have only 26 lac , poray dha may kahan app koa 26 lac may 1 kanal milta ha, rest of the money one can arrange till balloting so stilll there is a chance agger kisi k pass 26 lac han aur wo wait kar sakta ha tu us ko abhee ya file lane chahiee reason is its just 26 lac and u r booking a 1 kanal plot in dha all u have to do is wait and u need to arrange the money 4 devolpment charges and plz dat thing is 4 sure dha will cumup wid really good plan 4 dha phase 9 inshallah |
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Sunday, April 1, 2012 11:21 AM PST Reply:
Know where you’re going in life …you may already be there Dear Moderator please keep this message for a while A boat docked in a tiny Mexican fishing village. A tourist complimented the local fishermen on the quality of their fish and asked how long it took him to catch them. Not very long.” they answered. “Why didn’t you stay out longer and catch more?” The fishermen explained that their small catches were sufficient to meet their needs and those of their families. “But what do you do with the rest of your time?” “We sleep well, fish a little, play with our children, and take siestas. In the evenings, we go into the village to see our friends, have coffee We have a full life.” The tourist interrupted, “I have an MBA from Harvard and I can help you! You should start by fishing longer every day. You can then sell the extra fish you catch. With the extra revenue, you can buy a bigger boat.” “And after that?” “With the extra money the larger boat will bring, you can buy a second one and a third one and so on until you have an entire fleet of trawlers. Instead of selling your fish to a middle man, you can then negotiate directly with the processing plants and maybe even open your own plant. You can then leave this little village and move to Mexico City, Los Angeles, or even New York City !!! From there you can direct your huge new enterprise.” “How long would that take?” “Twenty, perhaps twenty-five years.” replied the tourist. “And after that?” “Afterwards? Well my friend, that’s when it gets really interesting, “answered the tourist, laughing. “When your business gets really big, you can start buying and selling stocks and make millions!” “Millions? Really? And after that?” asked the fishermen. “After that you’ll be able to retire, live in a tiny village near the coast, sleep well, play with your children, catch a few fish, take a siesta and spend your evenings enjoying with your friends.” “With all due respect sir, but that’s exactly what we are doing now. So what’s the point wasting twenty-five years?” asked the Mexicans. And the moral of this story is: Know where you’re going in life …you may already be there
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Saturday, March 31, 2012 03:57 PM PST Reply:
As Sallam O Alaikum to my country men. Alhamdollillah before two weeks we went to Baithullah and prayed too much to my country and my people May Allah bless upon our country and our people..aur Allah humain ISTAGFAAR ki toufeeq day… aur humain hindoan, isralion aur amreekion ka sher say ab bacha lay…Ameen. Please guide regarding development charges installment of DHA Lahore Phase 8, last date is 31 March, if any body pay after 20 days how is this? Jazak Allah |
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Friday, March 30, 2012 05:49 PM PST Reply:
Some people are intentionally criticizing DHAPhase 9 one kanal file Salamz to all, I feel on this forum some people are intentionally criticizing DHA Phase 9 one kanal file with the subject of Unrealistic price of phase 9. Yes I do respect for personal feelings but they start criticism when somebody talks positive for Phase 9. I don’t know what pain they are feeling
UnRealisticPriceOfPhase9 replied on Saturday, March 31, 2012 10:44 AM PST Dear Mubarik Ali, Please see both sides of picture, you can not say one thing is good because all brokers/property dealers are saying go and get & spend on phase 9 file. Think about it from your own mind and heart why prices increase so rapidly in days/weeks where see country’s current situation. Majid & Haris are right its few people’s game who have loads of money to invest to increase the price artificially and fabricate in a way people like me & you say, oh go and get it otherwise, we will miss the train.. That’s shame to buy at unrealistic price. Don’t worry, its same story what what happened few years when price went up to sky at 45 Lac but came back to normal i.e. 14 Lac and its fair enough if it reaches at 20 lac gradually in couple of months but its alarming and worrying if price goes up that quickly what has been happening during last few weeks. I would love to buy file/plot in DHA only its good time, otherwise, stay calm and keep your money in your pocket unless good time comes. Even, we don’t buy / invest in Phase 9 file, its not end of world. Its better to regret to not buying it rather regretting to loose money by buying at high/unrealistic price and get lost of that price in future. God Bless you all. |
EuPakistan replied on Sunday, April 1, 2012 02:48 AM PST Hi Mr./Mrs.PP, I’m not sure if you have been living really in English speaking country like USA (New York) where you spell wrongly ‘NOW’ as ‘know’, ‘feeling’ as ‘filling’, ‘Pocket’ as ‘poket’. Anyway, I live in Europe and bought a file of one Kanal of DHA Lahore Phase 9 during first quarter of 2011 in Pak Rupees 1,480,000/- (Rupees Fourteen Lac and Eight Thousands) when One Euro was equal to Rs.121/- So total file price in Euro was 12,231/-. Now price of same file is Rs.2,600,000 (Rs.Twenty Six Lac) and current exchange rate of one Euro is equal to Rs.120/-. So Rs.26 Lac is equal to Euro 21,666/- Did you see above the difference in price both in Pak Rupees and Euro currency in one year especially starting from January 2012. I’m not an economist but could handle simple arithmatic. So, do you still think its because of Currency, not I don’t think so. I’m not sure but my feelings are its just involvement of some Satta baaz etc. God Bless Ya. |
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Friday, March 30, 2012 12:12 PM PST Reply:
One of brother M.Abid from German has commented on DHA Lahore Phase 9. I’ve few comments on that. I’M SURE IF YOU HAVE BEEN LIVING IN EUROPE FOR LONG, YOU WOULD KNOW THE PROPERTY DEALER/INVESTOR/CONSTRUCTER have been in deep loss since 2008. We should talk about in general rather for particular or two / three cities/countries like Germany, Holland or France etc. These are the countries which have not been hit hard by recession due to their best Economic Strategies they used to handle recession. You can’t compare the most developed three countries with under under developed country’s property business in Pakistan. Did you not know America and rest of European Countries especially UK, Ireland, Greece, Spain, Italy etc. are still in deep recession particularly Ireland and Greece have already been bailed out by IMF due to bad & blind investment and management of property business. I’m not sure why did you not check the statistics of these countries about property prices before commenting above. O.k I will tell you now, Property prices in UK, Ireland, Greece are at nearly half the price what it was in boom time in 2004, 2005, 2006, 2007. Even the current property prices are that low but still there are no buyer in the market because they can’t afford it as people have no job or money. So do you think they spend money/savings on property business like what you are thinking or referring others. You might have millions of Euros that you can think of investing money. Goodluck… How can you say property prices didn’t fall during crises period in Europe / USA, above European countries are the examples for that. I’ve mentioned already in my previous post that its best to invest in property if you can spare your money for atleast 10 years by not buying at high prices like what is now happening with 1 Kanal file of DHA Phase 9 that has high risk of loss. Another supporting point for my concern here is that in Property boom time in Europe, people thought to invest in property business regardless what high price they were buying for because they saw prices were getting higher and higher. People bought even two to four houses having greed in their mind like they bought it at e.g. 500,000 Pounds or Euros and will sell it in double of that price in couple of years time but they have been bankrupted now as they have no money to pay it back to banks or to sell the property because current price of same property/house is nearly half what they have bought in boom time. And banking system in Europe and America has already been collapsed as you know already. So people who would have bought at lowest price back in 2000 to 2003 have already made the profit or even double of what they have bought before recession started. Do you know what I mean? That’s my point to tell others never ever buy at higher price especially when price changes so rapidly whether going up or down. I totally agree with brother Abid to be 100% faith in Allah for any profit and loss in life but there are number of hadith of our beloved prophet Muhammad (peace be upon him) to first do the needful before you leave everything on Allah Mighty Allah. One of Sahabi (Razi Allah Talah Unho) was to leave a hourse outside house/camp and beloved Prophet Muhammad (peace be upon him) asked him have you locked the horse with any locking point on ground but Sahabi said he left it on Allah who look after or save him but Prophet Muhammad (peace be upon him) told him to lock the horse first then to leave on Allah. So point is we should do the needful or think wisely before we say that we leave it on Allah whether profit or loss. Please correct me if I couldn’t describe the Hadith properly. Brothers/Sisters, I’m not an property expert but Allah has given us wisdom to use & spend your valuable money only when you see its worth investing.
Naveed Yaseen replied on Friday, March 30, 2012 02:55 PM PST Dear UnrealisticPriceOfPhase9, something is not normal in your posts. The specific negativity for phase 9. And the passion. Good to see someone so passionately dedicating his hours to save others from skyfall! I think you have conveniently ignored (i.e. ‘tajahul-e-aarifana’) some basic facts, like… • Our double-digit inflation rate over last fourty years. Phase 9 price was probably around 17-18 lakhs in beginning 2007. In today’s inflation adjusted rupee that is at least 28 lakh. In other words, even today it is less than 2007 price in inflation adjusted rupee. • Prices of developed phases of DHA Lahore • Prices of other developed, semi-developed and undeveloped agricultural lands near Phase 9 • General prices of anything inhabitable in any large city of Pakistan. Rarely would one find anything below Rs 2.5 lakh per marla even in deepest, narrowest streets of dirtiest slums. • Our childish culture of feeling pride in owning luxurious brands. And feeling face-loss when a friend or relative owns one and we don’t. Ever wonder why many of us are willing to pay for some things lot more their unbranded worth? E.g. 5-star hotels, BMW, Rado, Ray-Ban, Nike, Apple etc. Its unfortunate but that is how many people think about DHA in our society. Rather than making chain of arguments and counter-arguments, lets make the long story short. Lets put our money where our mouth is. You said… > I can bet you, this is not going to happen again for atleast another 10 years that price goes to 45 Lets bet on this. Lets pledge some valuables in legal documents. All transparently in front of this forum. I believe betting is haram but if I win I would donate the won amount to Edhi Foundation. |
ABID replied on Saturday, March 31, 2012 12:37 AM PST Salam to all readers, Bro Unrealistic, thanks for ur comments. Those were good but not complete. Bro if you talk about whole eastern and westeren Europe then you would find some European countries even behind of my lovely country” PAKISTAN “. Specifically people made a lot money in Spain, Greece, Uk and other ur mentioned countries in the sector of real estate. And LOSS you know why people got, because they were greedy. As u said, didnot use their own brain and listened their heart. They just looked others,oh he became millionair why me not. And everyone must know, EVERY RISE HAVE FALL. Its principle of nature not mine or yours. There is also a princple those who think too much THEY ALSO LOOSE. Just win those who act and have trust in ALLAH. Right Pakistan is a poor state but who made it poor you and me too. What we done? also nothing like our politicians. But geologically this moment your state is situated in most IMPORTANT POINT, in the centre of,BEST FINANCIALLY GROWING CHINA, 2nd best fin growing INDIA, Muslims battlefield AFghanistan, Most courageous muslim state IRAN, and Arabian see. Thats why prices will rise in any way even bombs blast, no energy, no security,no roads, no discipline. Our opponants like to keep Pakistan backward but then Pakistan is ALIVE and INSHAA ALLAH will stay ALIVE, Grow and Prevail. Those who are having money let them to invest in property. If someone will buy a file with 25 lac in ph.9 or a plot in Ph.8 would gain INSHAA ALLAH. Rupee is getting down and down so its impossible that an owner will loose in dha. European developed and industrial states are also “TAX STATES” but Pakistan is so called a “TAX FREE” state. No body ask from where money came, how u earned, why u made so big profit, pay tax. There is big risk as bro unrealistic says but not in dha. Why? because people like to have home in some good developed, well knowned and trusted area. Bro unrealistic, Hadith of tieing a camel having concern with security of yourself not with trade. Business is the name of risk thats why is halal otherwise it was also forbidden if was just profit. And if we talk about need, then we shouldn’t loose time to get villas but to pray ALLAH Rabul ALLAMEEN while living in tent and having ramadan whole the year round. But u may live in Villas if all is halal and zakat paid money. May Allah Bless all of us, the muslims. amin and wa salam. |
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Thursday, March 29, 2012 11:39 AM PST Reply:
DHA Town Lahore Phase 9 Plots Price Update  Five Marla Plots Block A Minimum 15.75 Lacs Maximum 21 Lacs Block B Minimum 15.50 Lacs Maximum 22 Lacs Block C Minimum 14.00 Lacs Maximum 20 Lacs Block D Minimum 13.75 Lacs Maximum 18.50 Lacs Eight Marla Plots Block A Minimum 26 Lacs Maximum 28 Lacs Block C Minimum 23 Lacs Maximum 25 Lacs Block D Minimum 23.50 Lacs Maximum 25 Lacs Ten Marla Plots On Installments Block A Minimum 40 Lacs Maximum 41 Lacs Block D Minimum 37 Lacs Maximum 41 Lacs Mian Fawad Ahmad 0302-4489001 Fawad. LahoreRealEstate@Gmail.com
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Tuesday, March 27, 2012 06:42 PM PST Reply:
Once Again…. This was brought up by someone else as well below in the comments about DHA-9, but I want to reiterate here that Army Personel are due their next benefit after DHA Phase 8, its almost 3 years now since last major ballot and its about time (mid – later this year, or early next year) for DHA to get the ball rolling on allocating new plots to cater for these new benefits. So balloting should be coming down the pike pretty soon. I would suggest to stay put and skim the cream of the crop. Stay blessed ya’all!
UnRealisticPriceOfPhase9 replied on Wednesday, March 28, 2012 10:07 AM PST Hi High Roller, Javid, What is the source of this news and where is proof for this new? I’ve been hearing this kind of news for the last couple of years DHA 9 balloting will be happening in a year or two but nothing happened. Please don’t spread the news when you have no authenticity or written proof from DHA authorities by saying so & so Army personel said this of that & when you ring and try to confirm this new from DHA authority, they say, there is no date anounce yet. Please post the scanned copy of this news or put a reference of official web link of this news from DHA Lahore Authority. Does that make sense to you? Realistic person wouldn’t going to buy at unrealistic price which is just a high (80% plus)risk of loss. Remember the recent history of Phase 9 started in Musharaf time (number of years ago) when price went upto 45 lac but dropped badly to 14 lac in 2010 & 2011. Imagine, what would have happened to people who have bought at unrealistic price of 20 lac plus. I’m always so sad when see people don’t listen voice of their wisdom Allah has blessed them but see only price increase rapidly. Its simple, when price go up that quickly like it has been happening during last couple of months, definitly price will drop down more than double of its increasing time sooner rather than later. File prices are always fabricated when it increases that quickly which means there is something is behind. Look at Pakistan’s current economy, Security situation, infrastructure, GAS & Electricity & Fuel prices & their availability, DO U THINK its best time to buy at that high, unrealistic and fabricated price when there is no EXACT Date of Ballotting. Apologies if someone don’t agree with but thats what I & other realistic people feel about current file price of DHA 9. Bear in mind to add nearly 2 Lac of transfer etc. charges and 12 Lac of development charges. Thanks & comments are welcomed. |
UnRealisticPriceOfPhase9 replied on Wednesday, March 28, 2012 05:23 PM PST Dear LahoriBaba, Those happy days have gone when people can even invest / buy at the most unrealistic price of 45 Lac and it was a time of property boom throughout the world and property bubble has already been burst few years ago.There’s no point to explain what it was as everyone know those were all fabricated prices during that time. I can bet you, this is not going to happen again for atleast another 10 years that price goes to 45 when most of the developed and under-developed countries are in deep recession. However, I agree, price will go up only when ballot date is announced and development is started which is more realistic or even if price goes to 45 Lac in 10 years, inflation will mark it as it is at 20 Lac at that time. So, no point to buy it now at that high price & then regret yourself in few years time, oh, I wouldn’t have bought at that unlikely price. Well, for your point of “while number of people wanted to shift within and from out side Lahore in DHA”. I, myself was born & grew up in Lovely Lahore & I love its every single thing whether its culture, climate, tradition, education, social life which I would say best place to live in than any other part of Pakistan or even any other part of World. I can write a full book on Lahore but this is not right place/forum for that. I understand people from other part of Pakistan has dream to live in Lahore but where are those people who would have bought DHA 9 file at 35+ Lac or even at 45 Lac more than three years ago, have they moved? Ofcourse, Not, its not that easy to move when DHA hasn’t annouced the balloting date for years. Even if DHA annouces it right today which I don’t think is happing for atleast another 2 years, it will take atleast 5 years to give possission and DHA Ph 9 is far away from balloting date & then Posession / development and so on so forth. I don’t agree with point if prices of vegetable and fruites goes high then property prices also go high. Ofcourse, it does but other way around that to keep this point in mind that very less number of people has ability to afford this price. Best marketing strategy is to sell the product is at reasonable/low price which sells quickly rather keeping that stock it at high, unrealistic and unaffordable price which has more risk to spoil or get it expired depending type of product. Good example is if a fruit/vegetable has special offer/price, it could be sold in hours or even minutes but if its at high price, people only ask the price and went away or buy less than their required quanity which is currently happening in Pakistan where people are forced to buy less quantity because they can’t afford it. Do you think people can still buy property at high price where they have no other reserves to spend on their daily necessity. Another great example which is not common in Pakistan but in Western world, people wait for Post-Christmas Sale which is nearly half or less price of actual marked price before Christmas because they can afford to buy same product or even can buy more products in less then half price of what it was before Christmas. So, point here is the affordability. If 50 people can buy/afford 1 Kanal file at a realistical price between 15 to 22 Lac but if its 30+, only 10 people can afford it only who have enough money. So, you see, rest of 40 people are gone away from property market. Either, they will keep their money saved or invest in other businesses like IRSHAD ALI has mentioned on his comments. It doesn’t matter if we don’t buy the file at this point which is not end of world at this un-realistic price. But I & other people have right to express their thoughts on this forum and I really appreciate the Administrator of this Forum who give us this opportunity to say this bitter truth who might not be liked by some people and its fair enough that they can express their point of view and then its up to reader of this topic to decide whether they still want to invest/buy at this unlikely price. I wish and pray Pakistan will be the best place to live especially the PEACE and Security situation. I also understand People are used to of bad news and can’t get worst what it is now and especially bad management from politicians & Current Government but in Pakistan, always be ready to expect something unexpected which has been happening for the last decades especially during Musharaf & current PP government time. Another point, I don’t agree with “property is the ONLY safest investment any other business is not going to give better return than property”. How can somebody say it where we have seen the property bubble burst in recent past? Do you think people have that bad memory about recent property price fall. I agree with you to little extent its good place for investment only if you have spare money for 10+ years but don’t agree to buy property at unrealistic price which is currently at not good price. Thanks for your time and comments are welcomed. |
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