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Samina Hazar..
( 5 posts )

[3 Answers]
I am looking to buy and sell 2 lands in phase 8 . I would like to know what the process is to sell and buy lands if you live oversees and what the market value of the lands will be for 200 sqft and 500 sqft plots.

    2925 days ago In When to Sell
    Post Reply
    PAKISTANI-1
    (3020 posts)
    If you are talking about DHA phase 8 in Lahore, then you will have to visit Pakistan for the final transfer. This is DHA policy. Partial completion of transfer can happen in DHA through power of attorney but most likely the purchaser of the plots will not make the payment until you visit and fully complete the transfer process. In DHA both parties have to visit DHA office and photograph is taken and this photo is attached to the file.

    My suggestion is that,

    (i) first of all you assess the price of DHA phase 8 by visiting the plots section of this website and then clicking on DHA and then phase 8 and talk on the phone to several property dealers as a potential buyer - the property dealers numbers are on the advertisement for each of the plots.
    (ii) then authorise 1 or 2 property dealers and ask them to find you a purchaser and give them a demand price about 15 % higher than actual demand.
    (iii) complete the negotiation and finalise the deal through a property dealer including time frame of full payment.
    (iv) receive the token money of 2-3 lac through a relative in Pakistan.
    (v) then finally visit Pakistan to close the deal.
      2924 days ago 

      Samina Hazar..
      (5 posts)
      What is a token money?
        2922 days ago 

        Syed Ibrhaim
        (1435 posts)
        Token money you can say a confirmation money (bayana amount) bayana is the amount after which both parties are bound to mature the deal with in decided time.
          2922 days ago 

          Post Answer (3 Answers)
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