Pakistan Property Rates

Pakistan Property Rates

Pakistan Real Estate Rates

File = Area which is not balloted yet or on ground or not on ground, and possession (where construction can be started immediately) is not granted by the Builder / Developer / Authority

Plot File = Area which is balloted yet or on ground or not on ground, and possession (where construction can be started immediately) is not granted by the Builder / Developer / Authority

Plot = Area where physical possession (where construction can be started immediately) is granted by the Builder / Developer / Authority

Disclaimer: eProperty only provides Property Rates / Prices, Real Estate Market Trends and Analysis for DHA Lahore, DHA Multan, DHA Bahawalpur, DHA Gujranwala, DHA Peshawar & Bahria Town Lahore and Other Housing Societies / Schemes in Lahore, Islamabad, Karachi and Gwadar. For balloting, development, possession and other related queries please contact Builder / Developer / Authority directly.

Pakistan Housing Schemes Maps

551 Comments

  1. Mazhar

    on   said 

    Asalamu Alaikum Atif Bhai, Pl. evaluate market value of my plot 556 ,T Block, Phase7 Dha Lahore. If I want to sell it now in what price i can sell it. Should i wait or sell it now, pl. advise

    Mazhar

    Reply
  3. Tahir

    on   said 

    Dear Atif Bhai, Ring Road will be completed within a year in Phase 9 J sector, what will be the effect on prices due to Ring Road.

    Reply
    • Atif Iqbal

      on   said 

      Dear Tahir Bhai,

      DHA Phase 9 Prism Sector J & K are highly recommended for investment. 5 Marla plot may touch 60 to 65 lacs after completion of Lahore Ring Road SL1 & SL2 Loop. For your information development work has been started at Kamahan for SL1

      Reply
  5. Kashif

    on   said 

    Salam, Atif bhai I am looking for a plot scheme where I can start with a deposit of 2-3 lacs and then continue to deposit monthly instalments for 3-5 years. It could be in any major city of Pakistan. Can you please suggest a few options?

    Reply
  6. Zain

    on   said 

    Dear Atif Bhai,

    Thank you very much for informing us in details about issues i asked you in previous quires.
    Can you please explain few more details regarding DHA Sale and Transfer procedure :

    1. If Site Plan and NDC is complete, purchaser paid the transfer fee, Transfer completed in DHA office then is it final transfer or wrt to possession of plot (Site Plan), the Control buildings requirement for transfer of plot still exist. If so then what formalities are required?

    2. Is transfer of the plot can be done without site plan?

    3. Once plot transfer to the name of Purchaser in DHA office by the Transfer Officer, the transfer letter would be issued to the purchaser in due course of time but is there any intimation/Copy send to seller as well for information.

    4. Whether the purchaser can proceed to start construction on plot with site plan issued on the name of previous owner (Seller) or He is to applied for new possession of plot (Site Plan) prior construction.

    5. The Purchaser is supposed to submit transfer papers at DHA reception within 30 days from the date of transfer of plot for issuance of Transfer Letter on his name. If with any reason he can’t do so what would be the FINE/PENALTY as per DHA procedure after 30 days & How long purchaser can live with this fine/Penalty Is there any time limit?

    6. What would be the Transfer date of Transfer of plot on transfer letter issued to the purchaser after submission of transfer paper at DHA recepton.whether it would be the date when both seller & purchaser appear before Transfer Officer or the date will be given when transfer papers were submitted to DHA reception.

    7. I am asking all this after transfer of plot if i go back abroad then is it any problem for my self or buyer.

    Reply
  7. Zain

    on   said 

    Atif Bhai,

    Would you please explain following:

    a)      If the seller’s plot ownership is legal, all dues paid, site plan and NDC is ready. The purchaser pays the transfer fee, the transfer of plot completed in DHA main office by transfer Officer. Would it be the final transfer or wrt to possession of plot (Site Plan), the Control buildings requirement for transfer of plot still exist. If so then what formalities are required?

    b)      Is transfer of the plot can be done without site plan?

    c)      Once plot transfer to the name of Purchaser in DHA office by the Transfer Officer, the transfer letter would be issued to the purchaser in due course of time but is there any intimation/Copy send to seller as well for information.

    d)      Whether the purchaser can proceed to start construction on plot with site plan issued on the name of previous owner (Seller) or He is to applied for new possession of plot (Site Plan) prior construction.

    e)      The Purchaser is supposed to submit transfer papers at DHA reception within 30 days from the date of transfer of plot for issuance of Transfer Letter on his name. If with any reason he can’t do so what would be the FINE/PENALTY as per DHA procedure after 30 days & How long purchaser can live with this fine/Penalty Is there any time limit?

    f)       What would be the Transfer date of Transfer of plot on transfer letter issued to the purchaser after submission of transfer paper at DHA recepton.whether it would be the date when both seller & purchaser appear before Transfer Officer or the date will be given when transfer papers were submitted to DHA reception.

    Reply
    • Atif Iqbal

      on   said 

      Dear Zain Bhai,

      Sorry for the late reply.

      a- It will final transfer, just new purchaser need to apply for possession of plot, once get the possession he can proceed for due construction procedure

      b- If it is possession plot then it is not possible transfer without possession, if seller has not taken possession then he has to first get possession. He will apply NDC with Site Plan. Once the NDC is ready with Site Plan he can get transfer

      c- No there is no need to send the intimation / copy of transfer to seller because seller was present in DHA Office while transfer

      d- He is has to apply for the new possession / site plan on his name to start construction

      e- Yes there will penalty of Rs. 1500 per month. I need to check the time limit from DHA. But 3 years delay case is in my knowledge. I am not sure more then it

      f- Transfer letter date will be when you submit the transfer paper along with Stamp Duty, CVT and Membership fee at DHA Office

      Reply
  9. Zain

    on   said 

    Dear Atif Bhai,

    i live overseas and want to invest in property at Lahore DHA.But i have concerns with the Estate Agents who asked to sign the agreement with following kind of clauses as one of my friend had a deal to sell his property Last year , can you Please explain:
    Why estate agents put clauses that ” Buyer have a right to sell the property during the Biana period” in sale agreement and what are the disadvantages/Advantages for this to the seller in future.
    why they ask seller to come and sign in so many offices like Cantt Board, registrar Office, DHA Office etc while practically transfer of property took place only in DHA Main Office.
    and What is the practical role of an Esate Agent during transfer/exchange of property.
    Although DHA discourages to such clauses to be included in sale or purchase agreement. However DHA does not want to present such agreements during the transfer process.

    Reply
    • Atif Iqbal

      on   said 

      Dear Zain Bhai,

      First of all thank you for your concern that you have pointed out these questions. I am not sure if any Estate Agent is doing this by force. However this clause it the market practice. Agent should clear this that he doing Biana himself or for his investor client and he can sell this during Biana period. Or you may force agent that you will not do any Biana nor get any token money even. Simply meet with buyer in direct meeting in the presence of agent and set time for transfer and get transfer in DHA Office.

      I think you are talking about selling a house in DHA, in case of house only NOC is required by Cantt Board but owner presence not required for it. Owner can sign the document and agent can get NOC from Cantt Board office on behalf of owner. Rest of all process happen in DHA Office. DHA has nothing to do with agreement between seller & buyer until unless there is some dispute arises between seller & buyer.

      There is no disadvantage for seller from this clause, seller has accept the price and given time with his consent. I dont think that agent can get this consent by force. When sign the document it mean he agreed with the terms & conditions. Like when booking we sign a document of any DHA Booking Form we are bond with the terms and conditions what so ever they are.

      Advantage for Buyer or Biana Holder is that if he can find a buyer mean while he can get transfer on his / her name and can make money. So if seller dont want some one to earn from this deal. He might can straight away refused this term and bound the Buyer or Biana Holder the he will only transfer on his name only and will not entertain any other name.

      But mostly sellers are not concerned with it as far as they are selling on market price on the day deal is done. They dont bother that at what price now buyer sell it or get transfer on his own name or transfer to some other name.

      So before making selling decision you must check the market that you are selling on current market price.

      Reply
      • Zain

        on   said 

        Atif Bhai,

        Thanks a lot for answer of my queries. I wounder how you are maintaining simultaneously with you own business, market rate updates, detail of plots under selling, detail of plot sold out and other miscellaneous information like property exchange/ transfer fee, taxes, etc. updates and meanwhile for public interest you are available to give answer question by question. So time demanding activity. Unlike other property dealers/ Estate agents your efforts are unique and appreciable. Would you like to explain following:

        a)      Is it your own initiative/ creative setup or it’s DHA’s additional role given to your company.

        b)      Why not other property dealers are doing so.

        c)       Why most of the property dealers give their plot under selling to your company for sale as well

        d)      Why one property dealer give his plot for selling to so many property dealers for what interest whereas the owner of the plot has given to the one property dealer to sell his plot.

        e)      Is there fixed days of transfer of plot at DHA’s main office

        f)       Is it possible the plot transfer to the name of purchaser the same day in main DHA office, when from the seller through his estate agent delivered ‘The Forwarding Letter’ for transfer of plot addressed to secy. DHA Lahore with attached required documents.

        g)      Who performs duties of registrar in DHA office, either administrator DHA, Secretary DHA or anybody else with what designation? 

        Reply
        • Atif Iqbal

          on   said 

          Dear Zain Bhai,

          Thank your for your valued feed back. In fact it is really a hard duty I am performing. Still I could not perform all as well because it is not possible to work on different tasks simultaneously, but I try my best to do this all. I am Industry focused person. I believe if I will do work for Public Benefit in return I will get some thing for my living. I dont need to work for my living. My aim to be “Pakistan Real Estate Industry Resource” A resource which can benefit the industry overall. By doing this all I am definite earning reasonable for my living. Life is too short. I am working for Pakistan Real Estate Industry since 2004.

          From 2004 to 2006 I was working with Bahria Town but due to some principal dispute I left Bahria Town in 2006. I was among few registered agent of Bahria Town from 2005 to 2006. In March 2006 I return my registration certificate to Bahria Town to cancel my registration. I am the only one who him self request Bahria Town to cancel his registration, so that I cannot work with Bahria Town any more as CNP (Channel Network Partner). Although Bahria Town is an out class development with marvelous infrastructure and facilities. I really admire the work of Malik Riaz and his team, but as Agent, dealing with Bahria Town, I had some issues which were against my dealing so I quit.

          I am not performing this duty on behalf of some one or DHA. Alhamdulillah it is my Father training to be industry focused. We are dealing with Engineering Steel (Hi Tech Industrial Alloy Steels including Tool Steel, High Tensile Steel, Carbonizing Steel, Induction Hardening Steel, High Speed Steel and many more) Since 1968 with name Malik Muhammad Iqbal & Co. Since I join my family business, at the day first my father told me that “My son the product we are dealing with is not a perishable item like vegetable or etc so there is no need to lie while selling this. We are selling Steel, it has no effect of fire, rain, sun light, if the building destroy in which it is store nothing going to be happen to it. There will be no model or design Change, round will remain round, square will remain square etc. So it is very easy to sell such a long life durable product as compare to many other perishable item. Our slogan is “We sell Strength, Standard & Quality in terms of Steel”

          In 2004 my interest develop with Real Estate and I found this product same as Steel or more durable and long life then even Steel. Plot sizes are common 5 Marla, 10 Marla & 1 Kanal etc. No effect of rain on plot, sun light, even it is immovable no one can steal it. Only disadvantage is “Qabza Group” and in DHA, it is also eliminated. Ant way it was just a brief intro about my back ground of this work.

          a) It is my own initiative

          b) I have found many other dealers are doing so. But most of the dealers are focused on their business rather industry. As one of my initiative is to provide the high resolution Maps for Pakistan Real Estate Industry. Although I am not dealing with all the areas and in fact I cannot. But I receive appreciations from Cargo and Delivery personal and request to upload missing maps so that they can get help for their services.

          c) They dont give us but we work on daily news papers ads and ask them what they are selling and display this on our site, so that visitors can be aware that these options are also available in the market. However Every agent has a network or group, they interact with each other and inform each other what they have for selling & buying with them.

          d) It is a fact that all DHA Lahore buyers and sellers are not with me. I have few options for sell with me of my clients and I have few option to buy for my clients, and same is for every Agent. Usually when a buyer contact us, we first tell him direct property but if the location and price do not suit him we search the appropriate match for him and get commission from our side. In fact it is not possible that you have all the stock of the market direct and it is also fact that it is not necessary that properties for sale you have is in liking of your buyer. So it is obvious that agents contact with each other to sell or buy to meet the demand of their respective clients.

          e) From Monday to Friday, if the transfer documents are completed and fulfill the requirements.

          f) Transfer fee and other dues required by DHA (if any) must be submitted in DHA account and paid voucher must be submitted at transfer counter to inform DHA that dues has been paid before 48 hours. For example if you submit paid voucher on transfer counter today you can get transfer day after tomorrow.

          g) Transfer is being executed in front of Transfer Officer. Once the transfer complete DHA hand over covering letter to seller and ask him to get payment from buyer and handover this covering letter to buyer after getting final payment. DHA give membership form to Buyer and ask him to complete the paper formalities and submit the document back to DHA Office at Transfer Customer Service Desk. Buyer pay (or his agent do this task on his behalf) the stamp duty, CVT and Membership fee and submit the document back to DHA Office. Customer Service Desk issue a letter showing all the documents received and now Buyer can collect the transfer letter from DHA Letter Collection Desk after 15 working days.

        • Zain

          on   said 

          Atif Bhai,

          So kind of you for providing valuable information. Would you please tell more in this regard:

          a)      Specifically, overseas buyer or seller who purchases or sell the property through property dealer (Estate Agents) to choose better option, to save time and completion of required documentation fast in time. Once engage property dealer (DHA Authorized registered) will have to remain associated till transfer of property or he may deviate during the process of transfer of property. Is there a proper term and conditions set out like WAKALAT NAMA of advocates used in the courts?

          b)      In case of complain with reference to transfer of property, to whom complaint is addressed at DHA.

          c)       How many witnesses are required during transfer of property? Relative like;  Son, Daughter or Brother can be witnessed and what will be the role of Estate Agent during the transfer of property before transfer officer.

          d)      Do you have any setup like DHA Lahore in DHA Islamabad?

          e)      In DHA Lahore, Price of 1 kanal residential plot in phase-9 prism? After how long these plots would be opened to construction and what would be the market value after 5 years as compared with the present market.

          f)       What you suggest the green area for investment in DHA Lahore for overseas.

          g)      Is the Phase-9 falls in Cantonment Area or under the local provincial government?

          h)      Which phases of DHA Lahore are not under cantonment board. 

        • Atif Iqbal

          on   said 

          Dear Zain Bhai,

          a) One should remain associated with the Agent till transfer completed, however if there is any complain about the agent one can refer to DHA Lahore regarding complain

          b) You can contact Director Transfer & Record for complain

          c) 2 witnesses are required for transfer of property, yes any of the relative can give witness. Agent is responsible to execute the transfer. Agent can be also a witness

          d) No I do not have any setup in Islamabad

          e) DHA Lahore Phase 9 Prism 1 Kanal average location plot price is 90 to 120 lacs excluding development charges. After 5 years expected price will be 250 lacs

          f) Phase 9 Prism (construction in next 5 years) & DHA Phase 7 (ready for construction) are the best option at the moment in this budget, however it depends on the budget.

          g) Please contact DHA for this information

          h) Please contact DHA for this information

  11. aftab ali shah

    on   said 

    i want to purchase a property valuing rs.1 crore. kindly guide me in this regard for purchasing the hot property having good/solid return within lahore dha of bahria. in which phase. either commercial of residential. further i should purchase one plot or more.

    Reply
  12. Atif Iqbal

    on   said 

    Important Note:

    Dear All Members,

    We have now dedicated pages for all DHA Lahore& Bahria Town Lahore please refer all inquiries regarding Rates, Assessments Evaluations and Other news to the respective area under:

    DHA Lahore Phase 1-4
    DHA Lahore Phase 5
    DHA Lahore Phase 6
    DHA Lahore Phase 7
    DHA Lahore Phase 8
    DHA Lahore Phase 9
    DHA Lahore Phase 11

    At eProperty you’re always welcome; whether you have an inquiry, feedback or want to talk to us about your investment needs for buying, selling or renting, there are a number of ways you can reach us.

    Reply
  13. Ammar Raheem

    on   said 

    AOA!

    kindly tell me the property rates of 10 marla commercial building badar block, allama iqbal town, main multan road lahore. Also tell me the rent prices related to whole building or shops in that area

    Reply
    • Atif Iqbal

      on   said 

      Dear Ammar Raheem Bhai,

      At the moment we are not dealing with Allama Iqbal Town Lahore. You are requested to please contact any local area Agent for further assistance. However we have plan to soon add Allama Iqbal Town in our portfolio.

      Reply
  14. Hassan Bokhari

    on   said 

    Looking for investors for over 4 Kanals of Commercial Property on Main Road Wafaqi Colony, Johar Town, Lahore for Residential Complexes.

    Reply
    • Atif Iqbal

      on   said 

      There can be many reasons for rates to come down in property. But these factors are not seen market at the moment. Market can stop growing but will not come down at the moment.

      Reply

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