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Balloting and Development Phase 8 DHA Lahore
 Lahore Real Estate disclosed on Friday November 13th,2009 that there is a strong possibility of balloting of Phase 8 and Park view by DHA Lahore in the near future. The news has been based on assessment and survey work undertaken by the DHA surveyors.

DHA ( all three) have to continiously develop new phases to accomodate Army officers according to their revised authorization at different milestones of the length of their service. There are about 20000 Army officers and according to (Revised) authorization evry year a sizeable mumber of officers (about 800 to 1000) are eligible for a plot at the completion of 15 years service.In addition more plots are also needed for officers who reach higher service brackets. I don't know exact statistics but my fair guess is about 1500 new plots every year. Three years back Lahore DHA started development of Phase 7, it should start development of Phase 8 in the next six months time to clear the backlog. It can only start develoment if it has a town plan and has also done allotment to receive development funds from its members.

The author has quoted history from the Raj period. It is not entirely relevant in the present environment. Pakistan Army is not Colonial Army and Mehsuds of the Raj time are no more the same.
 Wazirs, the largest tribe of Waziristan are not necessarily hostile to Pakistan Army. Mahsuds are only hostage to the militants. The tribal fibers have ceased to exist in the Mehsud area.
  Terrain and weather doesn't favor a quick fix. Pakistani Nation in general and Mehsud tribe in particular may become inpatient with a protracted military operations. This should be the down side of this offensive.
  Isolation, strangulation of militants denying them population centers and road infrastructure should be the operational strategy of Pakistan Army. This will force themilitants to flee to their hideouts in the mountains in severe weather without regular supply. The Army should protect the population centers and assist in the rehabilitation of population. The Army Aviation and PAF should follow the militants and their supply chains in the mountains.   
 Combined arms operations, supported by PAF and gunship helicopters(and drones if made available) aiming at blocking routes to Baluchistan, North Waziristan, Afghanistan as well as to the settled districts of DI Khan and Tank will be required.
 Political work with sizeable economic package to resettle Mehsuds back in their homes should greatly assist in winning them back from militants.
 Waziristan operation is relatively difficult than the Swat operation. But it is not as difficult as for the colonial power. The Colonial Army operations in Waziristan were also successful. Mirali-Razmak-Makeen-Wana road and many other roads in Waziristan were constructed, not without great sacrifices. The British cemetery at Miran Shah is an evidence of blood of young Britons in the wilderness of Waziristan.The construction of military camps at Miran Shah, MirAli, Razmak, Wana and Jandola and forts and fortresses along the roads were not constructed without bloodshed. If they could do it why should we be hostage to militancy?


Maj Gen Sultan Habib (Retd)
www.greenkonnection .com

 The meeting has been called on 10/11/09 (Sunday)

hi
the DHA is a civilized residential society and the tag of DHA have lots of attraction to its client and as well investors who believe that the project supported by DHA never fail and provide all the possible facilities to its clients the DHA struggling to fetch the foreign investor in Pakistan to invest.

Dear Sultan Habib,
Asslam O Alaikum
 
I am writing from Canada, where I live. I read your eProperty Forum letters.
 
3 yrs ago,  retiring after working 40 years, I  had decided to settle back in Pakistan,
Your(not exactly your, it's just a figure of speach) MQM, Bhatta Khor Nazim Terrorist robbed me of my business in Karachi, incurring almost 1 crore rupees worht of loss and threatened to kill me.
 
Who so ever hears this story (which is one of the millions of such happenings every day), will not be very keen to buy a property in a country, where the Gov. can't even provide a protection to citizens, businesses, families from these Terrorists !
 
Obviously the prices are strongly controlled by demand. Lahore used to be a Paradise, in our times.
I went to F.C. College in fifties.
Then in early sixties I taught in Cadet College Petaro, It used be an excellent Evening in Paris atmosphere there.
But now Pollution, Insecurity, Poor Social Environment, Poor Health Care, Terrible state of Education and most of all explosive state of politics, are not helping.
The country is under seige or threat of being taken over by USA  and/or Middle Eastern and Saudi Feudal Lords.
 
Who do you think would like to jump into the boiling plasma or the Lava, at this time?
Example or a Trailer of which, you have just seen, we have just come out of Hell in Swat (This used to be my ideal place for retirement !!!).
 
No wonder if the property price, in Pakistan, is going down !!
 
Unfortunately I do have some Farming property in outskirts of karachi, as well as in Punjab.
 
I am waiting, if in my lifetime, I see some turn around.
 
I love Pakistan and would like to spend my retirement in my WATAN.
 
I hope Pakistan finds another Khumaini, Kamal Ataturk or even a Hitler to fix our problems and not beg, borrow or steal to fill his pockets.
 
I hope I have not offended any body.
All the Best
REGARDS,
Syed Iqbal Haider, M;Sc; Pg.D; MEIC; MCGS; MCWEA
CEO / President - EIC (Canada)
EMAIL: syedhaider.sr@gmail.com
 

I  have a property up for sale in the old city of Lahore, in close vicinity to Lahore Railway station, Mcleowd Rd and Brandreth Rd, which is also known as the commercial district.
  The property up for sale is a 12 marla , 5 storey building, with large rooms (15+) and large corridors..... this property is a real gem and has real character and charm......it can be used for commercial/residential use.
  Due to financial reasons i am unfortunatly having to sell the property, I am looking for serious buyers with serious offers.
   The property has been valued at 1 crore  70 lakh, however i am willing to negotiate on price, as i am looking for a quick sale.

Pictures will be provided on request and arrangements to view the property can be made with myself.

All relevant information will be provided.

If you have any questions or queries, i can be contacted on the following number 00447931661406 or via email afsheen_tar1q@hotmail.com

Please feel free to forward on the email to parties that you think may be interested...

Lahore June 29th 2009.  Javed Khan of Sonery Estate Y block DHA stated that Western Portion of Paragon belonging to Zia has been sold to DHA. He said that before the deal one person purchased a large number of Commercial plots.
   The Estern portion where Imperial Garden and Lacas school are located has not yet been merged according to Javed Khan

  Maj Waseem wanted to make a point which is very genuine. however, he mixed up the two issues. First is the taxes one is expected to pay every year on a property which he/she possess. The second is related to the tax a purchaser is required to pay at the time of purchase of such property. I will clarify it. A owned a 2 kanal house in DHA Lahore and it was on rent @100,000/- a month ie PKR.1200,000/- a year. He pays the following tax:-
  1.  Walton Cantt Board--- @15% of the rental Value____180000 a year
   2.   Income Tax@10% of the rent                            ____  120000 a year
  B wants to purchase this property. After the transfer he will pay (1) above irrespective of the fact if he continues to rent this house out or not. But he will only pay income tax if he rents out the property.
  At the time of transfer of the house he will pay DHA transfer fee+ 4 % of the value of the house determined by DCO. 
  I do not know if these will come to PKR.700000/.

One kanal house purchaser to pay Rs0.8m tax
LAHORE - The government is fleecing the public by imposing several taxes including Transfer Fee, Capital Value Tax (CVT), Provincial Stamp Duty, Cantonment Board Tax and Transfer of Immovable Property Tax (TIP) on sale and purchase of properties.
If the govt remains stick to its policies of imposing more taxes on real estate than no one can stop the capital to fly once again to Dubai because of their liberal tax policy.
A purchaser of one kanal house has to pay Rs 7,00,000 to Rs 8,00,000 in the head of all these taxes. In case of one kanal plot in a developed society like DHA, the purchaser has to pay around Rs 4,00,000 in the form of above mentioned taxes and if it is of 2 kanal plot the amount goes to Rs 7,00,000.
This was stated by Maj (r) Waseem Anwar Ch, President of DHA Estate Agents Association, in a letter written to Editor-in-Chief The Nation Majid Nizami on Tuesday.
Maj (r) Waseem lamented when CVT was levied, it was declared the province would not levy any tax, but last year Punjab CM Shahbaz Sharif levied the Provincial Stamp Duty and added that Punjab is the only province, which has levied stamp duty as no other province has levied any stamp duty.
He demanded the government to streamline the tax policy.
He said that Shaukat Tarin, despite his repeated pledges, announced no tax on stock exchange, agriculture and textile but doubled the CVI tax on real estate.
Further he announced to convert CVI into Capital Gain Tax, which will once again open a pandora box, giving free hand to Revenue Department to black mail a seller while assessing capital gain, Waseem Anwar stated.
He maintained: “Real estate is not just the matter of selling or purchasing of plots. When a buyer starts constructing house, he helps 28 other industries including cement, brick, steel, ceramic, cable and glass industries etc.
Besides skilled and unskilled manpower gets job opportunity. In 1 Kanal house, around 15 Lakhs is paid to skilled or unskilled workers in shape of wages. So, housing sector really helps other industries. Thus there is a need that govt should encourage this sector. Govt should not try to levy more taxes otherwise flight of capital will be in offing immediately after passing of finance bill.”

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Regional/Lahore/24-Jun-2009/One-kanal-house-purchaser-to-pay-Rs08m-tax

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Hamid, Toronto replied on Wednesday, June 24, 2009 08:11 AM PST

This news can be viewed on lahorerealestate website as well.
http://www.lahorerealestate.com/pakrealestatetimes/showthread.php?tid=5825

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Observer replied on Wednesday, June 24, 2009 10:16 AM PST

Dear Friends,

Actualy when the country goes to IMF then it will be very difficult for any Govt. to do something good for the people. There are many stakeholders of IMF who are sitting in Govt. They always try to frame the policy that the country should not be able to come out of the circle of IMF. If u see this budget it is a simple example.

Pakistan was very much dependent on the remmitance which use to be sent by overseas Pakistani to their families. It is around 7 Billion USD. Now these stakeholder wanted to hit that.

First they are trying that no bank account should be open without NTN. As we know that most of the pakistani living abroad send the remmitence to their wife;s or old parents, who will not be able to go to diffrent Govt, offices to get NTN. It means they will not open accounts. So the people will start sending payments to their families via other means and therefore this remmitence to pakistan will automaticaly decrease. So less foreign exchange more dependance on IMF. Wonderfull hit on Pakistan economy.!
It is long term planning against Pakistan

Similary the best investment for these people were in property. Normaly when they come on vacations they buy some property in the country. But the so called stakeholders also wanted to hit that area that no more investment in this area, so people will start buying foreign currency or will invest in gold. So more devaluation of rupee.

So we have to facethe agenda of foreign stakeholders sitting in Govt.