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DHA phase 7,

(111951)
Sunday, October 29, 2017 06:25 AM 

AOA

Just wanted the opinion of members on Phase 7 DHA. I want to buy a plot and build a house there. I would do the construction 2 year from now. When is a good time to buy there? Why no one has built any house there yet, although possession is available in most areas?

thanks, Jehanzeb

Farooq Shaikh replied on Sunday, October 29, 2017 07:08 AM 

What do you mean by "why no one has built any house there yet, although possession is available in most areas?". I think you have not visited phase 7. Many houses are constructed, people are living and many more are under construction. Two weeks earlier, I visited Y block, which is considered as weak block of phase 7, I counted, there were 7 houses constructed or under construction. Other blocks have already many houses. Visit the location and then decide.

Jehanzeb Ahmad replied on Sunday, October 29, 2017 08:02 AM 

Dear Farooq, I live in Islamabad and visited phase 7 last year..so thanks for the update. When is a good time to buy? Will prices be stagnant in the next year, increase or go down?

Khurram11® replied on Sunday, October 29, 2017 09:26 AM 

Lahore property as a whole is not expected to increase much. People often forget the real reason prices move... Demand and supply. In Lahore supply of good societies have increased so much that demamd is left way behind. Hence no need to rush to get a plot if you are not in a hurry to live, you will get better deals even if you wait 6 months to a year.

Shahid1 replied on Sunday, October 29, 2017 01:04 PM 

Not true for phase 7. Prices are already depressed significantly in phase 7 and are moving up slowly as the house construction is picking up.

USA DOC replied on Sunday, October 29, 2017 04:58 PM 

Phase 7 is dead End location unfortunately

Honest replied on Monday, October 30, 2017 12:59 AM 

Phase 7 is big disappointment from DHA !
It's time to accept the fact
It's deserted as hell
No interest of dha there
Nothing at all
Seriously

Farooq replied on Monday, October 30, 2017 04:36 AM 

@Honest. You have selected your name as Honest, but you behaved completely dishonestly. Its so funny. You listed few negative points but without any reason or logic. Your third point is really funny, seems that you had a chance to visit hell, that's why you know how it looks like. By the way, few years back, phase 6 was also deserted like hell....hahaha.

Anyway, talking seriously, can you please tell me what is the difference between 6 and 7. (I think its the golf course, which is dividing them), earlier 7 was the part of 6. I do not see any difference between them, development wise, house construction activity pattern, etc. I think 7 is also following the same path as other phases have gone through. I agree that lower (new cutting) will still take time to become livable. But in my personal view once the lower cutting is given possession, it will populate more quickly as compared to the upper part of 7. Lower cutting has 10 marla plots which are usually constructed fast as compared to a kanal of 2 kanal houses.

ahmed khan replied on Monday, October 30, 2017 04:38 AM 

Dear All, all i can say seeing is believing.I visited phase 8,unfortunately most of the area which is un built is deep & cost of construction will be high.Phase 7 yes mostly leveled & has at least a kidney center or a university is coming up. Phase 9 yes , today it has approach problem BUT in years to come it will be resolved.

Awan replied on Monday, October 30, 2017 05:06 AM 

Farooq sb ka plot hai bhai phase 7 main. Khabardar jo kisi ne phase 7 ki burai ki tou

Shindaz Khan replied on Monday, October 30, 2017 06:08 AM 

Hi Guys,
This forum is all about brain storming, every idea or thought has value, so we should respect every comment. I personally feel the way Pakistani population progressing every place in Lahore important. Agree with Mr. Farooq's comment that couple of years back Phase 6 was not as hot as today.
If u need to built home now Phase 7 is okay coz phase 9 will take another 4 to 6 years.

Salman Maqsood LRE replied on Monday, October 30, 2017 06:53 AM 

Dear All,
In Phase 7 you will get top of line possession plot in 150 to 175 Lacs depending on location where in phase 8 you need to raise your budget 210 to 250 Lacs. Phase 7 is cost effective for those who want to construct houses in next 1 to 2 Years. Phase 7 R, P, S block ( Pirce Range :150 to 175 Lacs )now live able dozens of houses there. Where as T, U, Q, Y, W ( Pirce Range :125 to 150 Lacs ) 5 to 10 houses each block as of now. You can construct in Z-2 in budget of 90 to 105 lacs of one kanal.
DHA delayed the possession the new cutting of T,U,X, Y & Z1. Not sure when dha will deliver, expected in 2018. . Two kanal is must buy opportunity for those willing to construction around 275 lacs in next 3 years.

Salman Maqsood
Lahore Real Estate
+923224009967

Shahid1 replied on Monday, October 30, 2017 03:42 PM 

That is the whole point. In phase 7, you get a good plot in 125, you put 125 on it and you have a nice one kanal house in 250.
In phase 8, you get a good plot in 250, you put 250 on it to have a similar one kanal house in 500. And what you get, couple kilometers closer to airport.
However in phase 7, you are living in the heart of DHA but in phase 8, you are on the side.

Habib replied on Tuesday, October 31, 2017 06:53 AM 

If You are considering Phase 7 this is right time to Buy Plot, Recalling the experience of Phase 5 and 6, In first 2 years there are less Houses, The Moment they Cross Certain Threshold, there is Construction boom, Predictably you can say in another 3 years it will be as Populated as DHA phase 6 was Populated in 2015, How Much it was Populated in 2015 you can find in Google Earth Historical Imagery .

Nabeel® replied on Wednesday, November 1, 2017 06:40 AM 

Agree with Habib Sb.

If you want to build a house in Phase 7 in future, now is the time to purchase a plot. The more you wait the prices will go up. Reason being that as it gets populated, it will become more of attractive for end-users.

Phase 7 will probably be the only phase which will hold prices in current slump , as it was underpriced earlier. Choose a plot in upper cutting.
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