State Life Housing Society Phase 1

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SLCHS (State life insurance employees co-operative housing society) is a private housing scheme to facilitate the state life and insurance employees. The largest housing society which is providing renovated homes in state life housing scheme.

The idea of this Housing Society was floated in 1988. It was registered by the Deputy Registrar Cooperatives under registration No. 1285 on 9-10-88. The society got the town planning of Phase – I have done from M/S. NESPAK over an area of 2621 kanals. On 03-10-1994 This project was approved by the District Council Lahore Revised plan of Phase – I over an area of 4150 Kanals is submitted to Nishtar Town for approval.

The residential area of sate life housing society is comprised of two phases, Phase I and phase II having a total area of about 5000 Kanals and 5500 Kanals respectively. In Phase – I the number of fully constructed Houses are 1425 and the number of under construction Houses is 450.

Location:

It is located near to Lahore Ring Road and DHA and just a 13.6km from Allama Iqbal International Airport. There are a number of top schools and commercial facilities just a few minutes’ away from society.

Plot size:

Phase I residential area is divided into different sized plots, the Number 1 Kanal Plots are 1356,10 Marla’s Plots are 749 and 5 Marla’s Plots are 1569.

And Phase II residential area is also divided into different sized plots as well, number of 1 Kanal Plots are 6311, 10 Marla’s Plots 1630 and 5 Marla’s Plots are 606.

Infrastructural Facilities:

 A property portal that presented state of art services and features, which are as follows:

  • 30 feet wide roads
  • Nearby water purifying plant
  • Electricity
  • Sui gas
  • Sewerage
  • Boundary wall
  • Near Mosque
  • Ideal location for residency
  • Nearby main gate
  • Nearby Parks
  • Nearby educational institutes
  • Nearby Shopping malls
  • Public Transport service
  • Close by restaurants and café

There are two water head tanks having the capacity of 100,000 Gallons and multiple functioning tube-wells for the continual supply of water to the residents of this society. A well-built sewerage system of 15.56km with an additional of 4.82 km of rain drainage network, well-developed roads are 18.7 km lengthy, electricity is being supplied to the residents through one 400 KVA Transformer and four additional 200 KVA Transformers, Sui gas connections are also available in Phase-I.

State life housing is equipped with advanced infrastructure including sanitation, roads, and a proper transportation system. Moreover, the capacity of the sewerage water storage is 318,056 liters and a pumping unit is also installed over there for draining the sewerage into the main drain.

If you are looking to make investment in State Life Housing Society real estate homes then State Life is an ideal resource. For more information follow Rightdeed.com, if you have any suggestions post a comment below.

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All About Dream Gardens Lahore Plots for Sale

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Far from any sorts of doubts, Dream Garden Lahore Phase 2 is an extraordinary and model housing society. It provides state of the art peaceful living to its dwellers filled up with all sorts of amenities and facilities of everyday life.

No need to mention, the developers of Dream Garden Lahore Phase 2 are Izhar Monnoo Developers. After the success of the Phase I of the same society they have decided to launch this new project by the name of Dream Gardens Phase-II.

The LDA approved Dream Garden Lahore Phase 2 is ideally located on Defense Road. It is fully packed with real time improved amenities which would be a blessing for its dwellers offering them residential plots, residential (ready-to-live) fully constructed houses. There are also ideally located commercial plots of 5 to 30 Marla where you can start your next financially ideal business plan.

Why should you invest in Dream Garden Lahore Phase 2?

Though there are many reasons for your investment in Dream Garden Lahore Phase 2, it is the safest place for your future plans and life savings investments as it is one of the top approved societies on sale. Moreover, it has been flawlessly approved by all the PHA, LDA, LESCO, and WASA etc.

The Payment Structure of Dream Garden Lahore Phase 2

As mentioned earlier, due to many reasons Dream Garden Lahore Phase 2 has become an ideal scheme for all the potential investors and those who have a mind to dwell in a peaceful environment. It is also a worthy project in terms of unique and most affordable payment plan comprising of possession rights just 30% of the total price. The Residential Plan is as follows:

Plan for Plots

5 Marla plots For Sale in Lahore, 7 Marla plots For Sale in Lahore, 10 Marla plots For Sale in Lahore, 1 Kanal plots For Sale in Lahore & 30 Marla plots For Sale in Lahore Plan for Houses

5 Marla houses For Sale in Lahore, 7 Marla houses For Sale in Lahore, 10 Marla houses For Sale in Lahore, 1 Kanal houses For Sale in Lahore & 30 Marla houses For Sale in Lahore

Plan for Commercial opportunities

6 Marla Commercial plots for Sale in Lahore, 5 Marla Commercial plots for Sale in Lahore & 8 Marla Commercial plot for Sale in Lahore

Along with the above-mentioned qualities, major Project features of Dream Garden Lahore Phase 2 are as follows:

Comprising of Lahore’s first urban forest

Most secure gated residential and commercial community

Carpeted roads (35 to 150 ft. wide)

24 Hours security

Society’s own mobile security squads

Bahria University

Underground electric line

Construction material used in each house is of the highest grade

Corporate Office Space

Birds Park

Designer Plantation

Moreover, the Dream Garden Lahore Phase 2 has the easiest access to the following premium educational institutes:

Comsats

BNU

UOL

UCP

Locational Edge and Distance benefits are as follows:

Lahore Ring Road is 5.5 km

Bhubtian Chowk is 5.5 km

Raiwind Road is 7 km

LDA Avenue-I is 3.9 km

M-2 Motorway is 10 km

Thokar Niaz Baig is 12 km

The Payment Plan is as follows:

RESIDENTIAL PLOTS (PLOT PHASE- 2)     
Area Booking Percentage per instalment Total (PKR)
5 Marla 30% 7.27% PKR 54.08 Lakh
30 Marla 30% 1.45% 2.63 Crore

 

COMMERCIAL PLOTS
Area Booking Percentage per instalment Total (PKR)
6 Marla 30% 7.27% PKR 2.47 Crore –
10 Marla 30% 1.45% 4.12 Crore

 

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Best Guidelines to Buy and Sell Property in DHA

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Defence Housing Authority Pakistan

DHA is a dream place when we come to talk about real estate business in cosmopolitan cities like Lahore and Karachi. Especially when it comes to the topic of buy and sell Property in DHA we have a lot of options some of which would be discussed in this article.

Regardless of how to buy and sell Property in DHA we must consider what is your Vision about urban life style? When we talk about urban life style, we always think about something more comfortable and classified. And if we think urban life is only related to our home, we would dream more facilities near to our dwelling place like hospitals, school, colleges, transport facility, parking facility, smooth roads etc. After all that, we come to think about the price and endorsement if you are going to buy and sell Property in DHA Karachi.

Some questions may arise in that respect e.g.:

“Is it suitable to buy the house which you may want to sale after some time?”

Or “What is the status of local housing market?”

Whatever the case may be, to buy or sale a house in an urban real estate society like DHA is quite tricky some times. But in this article we would describe it with the help of various guide lines devised by our real estate experts that it will become more than easy for you when it comes to buy and sell Property in DHA Quetta.

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Evaluate and choose the agent wisely while going to buy and sell Property in DHA

It is also easy to get help from various real estate web portals for example Rightdeed.com about market prices and latest trends. But it is the best way to choose an agent. But don’t choose anyone as agent.

First of all, you have to check the presence of agent online then interview him and check that is he or she is presentable or not, fulfilling your requirement about house and does he a good marketer in way that you want to view the property. Compare apples with apples than choose him as agent. Real estate agent should be a potential structure your contract with commission.

It can help you to find or get reasonable prices. But don’t be fool by inexperienced people when going to buy and sell Property in DHA Lahore. It is a professional advice which you should follow while purchasing house.

How to Negotiate Commissions?

Negotiation will help you to keep prices in a fair value to buy and sell Property in DHA.

Facts about negotiation:

  • Commission are always negotiable, no matter how your agent tells you.
  • Don’t shy your agent, and let them know that you are comparing them with others, in that way you can go smooth with negotiation procedure.
  • Successful agents will more likely reduce your commission, because they have abundance of business.
  • Best agent will tell you properly about negotiation process and help you to deal with it.
  • Don’t make the contract procedure longer than 6 moths.

You are in great frame now, to sell or buy your home. You can go for your qualified agent.

Modify your house before purchasing:

You need to modify your house when you are going to buy and sell Property in DHA. Replace yourself with purchaser and think about your house modification. Because it effects great to attract purchaser. It is compulsory and foremost thing because every eye wants attraction. So, simply you need to go with a modification procedure to your house. Like paint, Mow of lawn etc.

Ask your agent for modification your house, it should also be a part of your contract. Because your agent is more professional than you. And if you are going to pay your agent, why should procedure go in professional hands. If this procedure is done by real estate agent, it can help agent to advertise your house briefly.

When you found the party, you are going to deal with, complete your payment procedure. Also pay nominal commission to the agent.

Stamp Paper procedure:

To assert that you have sold your property, here becomes an important procedure we called as stamp procedure comprising of the stamp paper requirements. Value of stamp paper depends on the value of property set by the government, and it is fixed according to the property strategies.

A new set of documents register to the buyer name includes right to use, right to sell, right to retain transfer to the buyer from seller. The local registrar of property will change the authority of the property after this process.

Seller have to declare with witness that he had sold this out to the buyer. The registrar than makes order to the local land record officer to make the changings regarding the ownership of the land, and transfer the title of the property to the buyer from the seller.

This is the procedure to buy and sell Property in DHA Islamabad and any other state.

Moreover, the procedure would go smooth and professional if you hire a professional and qualified agent. It can help you in real estate market, house modification and negotiation procedure.

This is it! That’s the whole procedure. Follow it in the order prescribed to execute a fine deal. You can also report the local authorities of state if you find any trouble at any stage in this procedure. They are always available to help you.

Stay tuned with Pakistan’s best Real Estate Blogs

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Tips for Owners to Generate Revenue from Rental Properties

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Proudly owning condo belongings inside the actual estate market is the maximum profitable business. even though it’s no longer an easy undertaking, the fruitful returns make it worth a shot.

The call for condo homes is growing every day. Generally, people are transferring toward massive cities of Pakistan for higher task opportunities. Also, the exchange in trend from the joint family machine to unmarried-family is some other contributing issue.

The elevated inflation fee has also left humans with constrained options to build their personal homes. In keeping with an estimate, there is around a 23% increase in apartment homes in our country for the reason that 2009.

You may truly purchase Property and make income on it in a while. On this publish, we can speak some clever actions to carefully approach this long-time period investment.

 

Being the Property Owner, It’s A Business for You:

You should understand that owning a condominium property isn’t quite the same as having private assets. You ought to treat it as an enterprise. Many human beings hop into this business while not having a proper marketing strategy.

It calls for a complete-time test, contribution, time and management abilities. Buying a home at a suitable place is the name of the game to reaping rewards from this business.

 

Start with Small Projects:

Start With Small
Start with Small

Begin this business with a single unit of smaller size to check whether the enterprise simply suits you. starting on a smaller scale will enable you to get arms-on revel in first. You turn into familiar with the tests for upkeep fees, required book-retaining, and other related fees.

As according to the research, single-family houses are easy and nice, mainly whilst you’re looking from a funding factor of view.

 

Read More: Best Residential Areas for Renting in Islamabad

 

Keep Your Renter Contended:

There’s dependably an open-door cost identified for any occasion. whenever you provide your house for lease, you are possibly going to spend extra coins. there are terrific measure upkeep and preservation expenses whilst occupant movements out.

It’s far continuously recommended to hold your renters upbeat, as they’re your clients. you may make extra income in case you abstain from converting tenants on occasion.

 

Get Counsel from A Land Expert:

Property control every so often is called the most troublesome task to do. It is usually higher to suggest a few land professionals and get their recommendation before renting the assets.

These days, numerous real estate online portals provide clean, sincere, and legitimate information for the sake of owners and tenants. you can name their help centers and make the manner easy for yourself.

 

Read More: A Brief Guide on Staying Secure as A Renter

 

Figure Out the Right Rent for The Property:

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Right Rent for The Property

You will be stuck in an unfortunate situation in case you hire your private home too high or too low. Inside the occasion that you request too low, you may be in monetary loss. And in case you ask an excessive amount of, you’ll by no means find a tenant.

It is continually a venture to determine out the proper lease, meeting your prices and necessities.

 

Final Word:

On this ever-evolving marketplace, proprietors can discover new tenants without plenty of hassle. The secrets to preserve the topics honest and make documents of every single component.

If you simply need to generate revenue out of your apartment property, locate tenants who can pay lease on time and address your private home like their personal. A careful screening manner is usually recommended before renting your property.

 

Read More: Renting A Cheap Apartment in Karachi As A Student

Invest in Real Estate

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Invest in Real Estate

Pakistan’s real property is a standout amongst the maximum efficient elements to put your coins in. people have made hundreds of thousands in this marketplace internal months and this nicely of blessings and coins appears to haven’t any cease.

However, with the more part of the populace who are making big advantages from land, there are some different people who’ve gone bankrupt. the primary distinction among the two is that the previous knew hints of the exchange earlier than installing coins whilst the latter bounced in aimlessly. in the occasion that you, as well, are proceeding to invest into Pakistani real estate, it’s intelligent to get to know some vital hints with a selected end aim to set yourself up for development.

Here are 3 essential real property funding suggestions in an effort to permit you to make a contribution your coins cautiously.

 

Read More: Bahria Orchard Update — Development, Ownership And Asking Profit

 

Go Along with The Wholesale Property:

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Wholesale Real Estate

An incredible approach to spare large coins in actual property investment, in case you’re purchasing property in Pakistan, is to look for alleged bargain properties, in preference to completely built houses and plots in opulent zones. There is a lot of growing housing plans in every unmarried metropolis of Pakistan. what is more, at a similar price which you’d spend on shopping a 1 Kanal House in DHA Lahore a high-priced territory, you should purchase some little plots in a housing scheme this is still in its preliminary tiers. So, whilst the prices move up, you will have the possibility to acquire breathtaking benefits.

Purchasing wholesale property is just like putting resources into stocks. in case you buy shares while they may be down, you could profit from them after they pass up. further, whilst making an investment in actual property, purchase assets this is affordably priced and sit tight because the charges to head up. In Pakistan, it does not take years for assets to head pretty excessively in price. additionally, whilst that occurs, traders receive massive rewards.

 

Choose Right Property for Right Investment:

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Choose Right Property for Right Investment

While making an investment in DHA Real Estate Market, the vicinity is the maximum crucial factor to search for. If the residence you are purchasing is located at an awful vicinity, your entire investment will move down the drain. So, to get massive yields in your funding, you ought to do not forget the area carefully. In actual estate, a trendy guideline is to buy the maximum incredibly terrible residence inside the high-quality road. This works since in case you buy a house in DHA on a street that has excessive esteem, you may have the risk to get extensive returns by way of getting the residence renovated.

 

Read More: Lahore On Target To Turn Out To Be Pakistan’s First Smart City

 

Evaluate Your Assets:

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Evaluate Your Assets

Another imperative tip for real property traders is to calculate your returns earlier than you positioned assets right into an asset. As an instance, in case you’re purchasing a house that is situated in a high-esteem place, but, needs a few contact-ups, honestly, there might be odds of creating benefits. Yet, you want to make certain that you may spare an intensive sum after spending all that cash at the protection. Earlier than shopping for assets, you should determine how tons of coins you will need to spend on it before you can sell it at a decent fee. And after that, you must understand how tons gain you will make after selling the assets. By means of no longer identifying your margins in advance, you will just be capturing within the darkish and can be at a high hazard of failure.

These were 3 of the best investment hints to enable you to prevail within the real property marketplace. in case you dismiss all different counsel and follow just those three guidelines, you will be in the direction of making giant benefits quickly.

Make the Right Investment by Choosing the Right Plot Size

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Take Right Property For Right Investment

The statistics, which entails more than million property listings amassed from throughout the country, take a examine how belongings fared between May additionally 2016 and might 2017. With a specific give up a goal to understand the proper plot size that ensures larger profits in go back, I’ve examined the maximum prominent charge trends of the ultimate 12 months.

 

Data Observations:

 

Compared to the real estate rate developments of ultimate 12 months, the normal fee of 5-marla plots in Pakistan has fallen. In phrases of numbers, the autumn is a minor 1.43%, recorded between can also 2016 and might 2017.

 

Essentially, the price traits of ultimate 12 months indicated that there was room for boom within the price of 10-marla plots and our maximum current information demonstrate that said development did arise with none doubt. As indicated through the statistics of last year, the regular marketplace estimation of a 10-marla plot in Pakistan has long passed up by means of 4.19% in only twelve months.

 

For 1-Kanal plots, the normal value went up by means of 3.32% among may additionally 2016 and can 2017. Approximately this plot length, we saw a drop in the call for among the real buyers a year in the past however the belief that traders want 1-Kanal residential plots, their fees might not go down.

 

Read More: Buying A House for The First Time?

 

5-Marla Category:

 

In the course of the duration of may also and August 2016, the average price of 5-marla personal plots in Pakistan took after an upward direction. Amid this high tide, the fees crossed the PKR 4 million take a look at in September 2016 but began to fall inside the coming months. the reason at the back of this drop was the imposition of the brand-new tax scheme in July 2016.

 

Currently, the everyday fee of a 5-Marla plot For Sale in Pakistan is PKR 3.69 million.

 

10-Marla Category:

 

A steady upward thrust in charge became visible in 10-marla plots throughout may also and September 2016. The decline activated with the aid of the implementation of new tax reforms turned into also diffused. and opposite to 5-marla plots, the marketplace estimation of 10-marla plots started to go up yet again in March 2016.

 

proper now, the common fee of a 10-Marla plot For Sale in Pakistan is PKR 6.25 million.

 

1-Kanal Category:

 

The price of one-Kanal private plots started to drop in October 2016. through February 2017, their price had dropped to PKR 12.95 million. the next months, but, brought alongside some momentum for the belongings quarter and the normal price of 1-Kanal plots began to move up over again.

 

In evaluation with the information recorded lower back in may additionally 2016, there may be an ordinary price appreciation of approximately 3.32%. the latest information taken from the marketplace reveals that 1-Kanal plot for sale prices around PKR 13.29 million.

 

Conclusion:

 

According to a few recent surveys, the ordinary market charge of 10-Marla residential plots in Pakistan is undervalued through as a minimum PKR 1 million. along those traces, preferably speak, there is an incredible room for development in this plot category of plots.

 

Have a Remark/Suggestion about this write-up? Get in touch with me inside the comment segment down below.

 

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DHA Multan to Host Its Location Ballot for Phase 1 on 31st July 2019

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There’s good news for people who’ve been patiently waiting for the location ballot for Phase 1 of DHA Multan, as it has officially been announced for the 31st of July 2019. The news has been a long time coming as the original balloting date of 25th December 2018 was delayed since it reportedly coincided with the balloting date of DHA Bahawalpur.

With respect to the ballot being held at the end of next month, it is important to note that the last date for the conversion of fresh Affidavits of 2018-19 into Allocation Letters has been extended up to 10th July 2019. Any open Affidavits will not be included in the 1st Ballot for Phase 1 after this date. Also, the open Affidavits issued before 31stDecember 2017 will be included in the 2nd Ballot for Phase 1, as the last date for their conversion was 31st May 2019. DHA Multan has also released its official video with regards to the Location Ballot being held next month.

It is important to note that this is a location ballot for the plot files whose booking had been confirmed in the booking ballot held on the 31st of May 2017. As such, these plot files of DHA Multan are also available for sale due to their confirmed booking status. However, it is advised that investors should only purchase plot files where down payment has already been made in its entirety by the initial buyer.

The project also contains a number of ready-to-move villas in Sector D (allocated via a balloting process on 28 October 2018) and army-allotted plots for sale in Askari Housing Scheme III, which may be of interest to those who have cash in hand and want to avoid the lengthy installment-based payment process associated with plot files.

ABOUT DHA MULTAN

Initiated in 2014, DHA Multan is an ideally located residential project, offering entry points from Matinal and Bosan Road. The project also enjoys close proximity to the City Centre. As the aim of the project is to offer a diverse real estate portfolio, the housing society contains plots and villas of varying sizes. As for the property prices in DHA Multan, they are affordable for almost all income levels.

The housing community offers a range of features and facilities within its premises, including a theme park, a mega-mall, and a Jamia mosque. Furthermore, Romanza Golf Course is also being developed, complete with its own golfing community for golfers of all ages and experience levels. It will be Pakistan’s first championship-level Signature Golf Course and is being designed by golf course architect, Sir Nick Faldo.

A healthcare city is also being developed here, which will include a range of specialized hospitals, as well as an education city, which will be home to some of the best academic institutions of the country. Residents who buy a house in DHA Multan will thus be close to all possible amenities within a secured, gated society.

In addition to all this, legendary Pakistani cricketer Wasim Akram has announced the establishment of Wasim Akram Cricket Academy in DHA Multan. The Academy will not only have a pavilion and seating area but will also include 6-8 practice pitches as well as other sports facilities, such as a swimming pool, and squash courts.

Talking to the press while announcing the news on the 8th of January 2019, Wasim Akram said, “My purpose is to train and nurture the young talent and this academy will be a breeding ground for the national team. I intend turning this academy into a training camp for the Pakistan team members whenever a tour is planned.” Continuing on the same note, he added, “Moreover, our plans include laying pitches to match those found in Perth and Melbourne so that our players get top-class preparations.”

Buying property in DHA Multan can be well worth the investment. For questions and queries, you can contact the developers at the contact information given below.

CONTACT INFO

DHA MULTAN MAIN OFFICE

Address: 1, Multan Public School Road, Multan, Pakistan.
UAN: +92-61-111-111-189
Email: support@dhamultan.org

DHA MULTAN SUB OFFICE, LAHORE

Address: 357 MB, DHA Phase-6, Near DHA Lahore Main Office, Lahore
Phone Number: +92-42-37132825, +92-42-37132826
Email: support@dhamultan.org
For more property based news and updates, stay tuned to Rightdeed Blog, Pakistan’s best property blog.
*[Cover Image Credits: Facebook/DHA Multan]