Sunday, May 24, 2009

8 Marla House Price in Ali Block Sector B, Bahria Town Lahore - A Discussion

Nasir Younas
House for sale
Ad TypeCitySchemePhaseBlockPlotSizeRoadDemand(Rs)
For SaleLahoreBahria townBAli3158606500000
I want to sale my under construction double storey house(close to 10 marla safari vilas but will be handed over after completion in end of July2009.features are
1.Quality construction with A class bricks,imported tiles RAK in bath rooms up to roof and in bed room s tiles will be provided
2. Boti sina fency marble will be provided in the TV lounge corridoor.
3. ceiling will be provide in entire house even in car porch
4. construction 80 % completed and it is the best time to see the quality of matrial and work
5.coverd area 2600sq.ft
6.Aluminiam windows will be provided
7.Main doors with solid daiyar wood and other with ply board(can be change as per the client requirement)

Khawar replied on Friday, May 22, 2009 11:22 AM PST 

8 marla executive style safari 
villas are sold from 30 to 42 lakh. how come you are asking 65 lakh for 8 marla. you are asking toooo much. your demand should be 40 lakh.

Nasir Younas replied on Friday, May 22, 2009 03:45 PM PST 

Dear Khawer. if you have any double storey house and in Ali block i am ready to buy on your price. send me your contact no.

Ejaz replied on Friday, May 22, 2009 04:10 PM PST 

Khawar! Bolo na yaar ab. Just don't throw in correct information

Nasir! R u a contractor? If not, then why r u selling this house which is still not constructed? Can u post some pictures and H.No?

Hussain Kaisrani replied on Friday, May 22, 2009 06:32 PM PST 

Nasir Younas Sahib,
May be Khawar Sahib is wrong in giving the price but he is right in saying that you are asking TOOOO much for your home which is still under construction. Lets check it:
Price of plot (on higher side) = Rs.20 Lac
Cost of 2600 Sq. ft coverd Area (on higher side) = 2600*Rs.1400 = Rs. 36,40,000 Lac
Your Profit (uncompleted house) on higher side = Rs. 3 Lac.
TOTAL = Rs.59,40,000/=
So your demand should NOT be higher than Rs.61 Lac so that you may sell it on Rs.60 Lac if you can find some buyer on this price.

Its worth mentioning that an on going rate of an under construction 10 Marla 
Safari Villa with far more better specifications and far better size on 60 ft Road facing commercial plaza is Rs.62 Lac.

Please correct me if I am wrong. Your higher demand does not hurt us. It will hurt your buyer. Thanks for your understanding Sir!

Nasir Younas replied on Saturday, May 23, 2009 10:48 AM PST 

Hussain Kaisrani Sahib. appraciated for your advise and i 100 % do agree with you.This house is just situated on the same road where the 10 marla safari villas repair work going on.Ejaz sahib thanks for encourging me i am not a contractor but investor any body can go to the house and check the material, i already mention this is the time to see the construction because later when complete no body can check what was inside only the buyer can see the maked up face.Ejaz plot no.315 next to 10 marla safari vilas.

Khawar replied on Saturday, May 23, 2009 11:50 AM PST 

> Price of plot (on higher side) = Rs.20 Lac

20 lakh for 8 marla is not correct price. One can buy a very good 10 marla in 
gulbahar block for only 14 lakh. moreover Rs 1400 per sq ft is not right price. builders or investors dont go above 800-900 per sqft (inc. their profit too) by using cheapest material = 20 to 24 lakh. add 8 marla plot for 15 lakh the demand should be 40. even their he is saving few lakh

Kashif Chohan replied on Sunday, May 24, 2009 04:44 PM PST 

I am a professional builder and ready to make a similar house with similar location and similar finishing in total cost of 42lakh which includes all my reasonable profit margin.Break up of cost is given below

Plot cost 15-16 lakh
Bahria charges 1.5 lakh ( drawing,map approval,utilities etc )
Construction charges 24-25 lakh ( includes our profit margin)

Donot deceive the innocent people by asking un reasonable prices.There is a list of many houses in sector B which are not being sold from last many months just because of unreasonable demanded price.
Courtesy: LRE

1 comment:

  1. Anonymous10:49 pm

    I think this is among the most significant info for me. And i
    am glad reading your article. But want to remark on few general things,
    The site style is perfect, the articles
    is really great : D. Good job, cheers