Lahore Real Estate Forum

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Monday, October 5, 2020 03:35 PM PST 
DHA Phase 9 prism

Please Share DHA Phase 9 Prism Lattest updates, What are market conditions for investments. It is the best option to invest. Any updates for development and possession. What is the good location plot price in F block and G block. Is there any upward trend?
Is it capable to reach 250 lacs in one year time?

Rizwan replied on Monday, October 5, 2020 05:43 PM PST 

Next jump will be on possession. It is most likely in 1 to 2 years.

End user KSA replied on Monday, October 5, 2020 07:10 PM PST 

Market is getting more stable. Right now standard in F, G & H block price range is approx 120-145 and catagray plot u can get it around 150-160. Prism prices shown in Websites are not real. They showed 10-25 lacs more form the real
market. I don know why?
The prices will never touch 250 Lacs in one year. It can reach to this level if DHA will hand over the possession.
Now in all phases the prices in correction mode. I suppose the File prices will also reduced shortly.

SFGCS replied on Monday, October 5, 2020 08:17 PM PST 

The prices will see a correction with resumption of IMF program.

Habib replied on Monday, October 5, 2020 08:35 PM PST 

I agree with End User KSA feedback. Last 2-4 weeks the prices have stopped to go up and even had correction of 5-6% on the price increase which happened between July and August.
There are some die hard fans of Prism which will even tell you that Prism will touch 3 crore in one year which is not realistic. There is still time in possession and only possession is not enough to have increase in prices rapidly and it goes slow and smooth. Prism is huge!! So imagine the time it will take for it to get populated for first 20-30% then to 50% and later to 70-80%. People would have made money in prism in 2 months (July and August) for around 20-30 lakh with the spike in prices and the increase in number of transactions. but now may be it takes 1-1.5 years to have another increase of lets say 30 lakhs as things will be slow now and even if you see now the transactions will be less.
Many "dealers" have done token to make fast money and are now stuck finding genuine buyers to sale the plot taken on biana/token - that is confirm news and the truth. many people will agree with me

gamma replied on Tuesday, October 6, 2020 02:51 PM PST 

Yes - Prism prices are now controlled by IMF and World bank. Actually George Soros just started buying corner plots

Shehzad replied on Tuesday, October 6, 2020 03:26 PM PST 

Yes Prism is undervalued right Now. It Will gain more in short term. No doubt its the best investment in Lahore now a days.
This is the best time to buy Plots in 9 prism.

+ replied on Tuesday, October 6, 2020 03:31 PM PST 

No need to buy..the market has already started going down..it will go down because bianas are been stuck..no buyer in the market..file prices going down sharply..wait till december 2202 you will get a good location plot in prism in 100~110 lakh range.

yahya replied on Tuesday, October 6, 2020 03:31 PM PST 

No need to buy..the market has already started going down..it will go down because bianas are been stuck..no buyer in the market..file prices going down sharply..wait till december 2202 you will get a good location plot in prism in 100~110 lakh range.

PRISM INVESTMENT replied on Tuesday, October 6, 2020 03:33 PM PST 

Prism prices in one year ,by sep 2021 will be 3.5 crore plus.

End User KSA replied on Wednesday, October 7, 2020 02:13 PM PST 

Dear Habib You are absolutely right..... The prices is going down slowly because most of the dealers stuck in Banas and trying to find the genuine buyers.....except the bians certain number of plots in Prism as well as in Phase 7 are marked as stay order due to refusal of transfer by the settler due to sudden jump in prices.
In my opinion the Prism average good plot should not be more than 120-130 and category plot around 150-165 not more than this. At this level of prism takes at least 5 years to reach at current population of phase 7. I agreed the location of phase 7 is not good as Prim but there is a construction.
For example, You can see phase 8 prices are stuck since 3-5 years almost with same rates. Due to high prices of plots there is no construction there.
It is good for the investors as well as end user if the prices will stable and increased on logical bases otherwise the Prism will stuck like Phase 8 and you will not see any construction there.
The area of Prims is very huge, we suppose if DHA will hand over the possession for A,P,Q R blocks in December-2020 as creates hype of some dealers personally I am not optimistic. Considering the current work speed and laying the electrification cable the DHA will reach not ready for possession before December 2021.
This is just dealers GAME and Hype.
Due to the current PTI Govt economic performance the prices will increase of property not more than 5-10% up to 2021.
See the prices of phase 10 file suddenly reach from 40 to 60lac now back to 52 in 2 weeks, in coming days it will stable under 45-50. Who fool will invest in DHA phase 10 because the history shows DHA at least took 15-20 years to develop the phase.
I have a plot in prism on 150” Road, I bought it 124 lac in Jan-2020- All paid , in June the dealer approach me and offering 107 and suddenly the price increased he offer me 125 then after week he again offer me 155 and on peek offer me 185 and now he offer me 160-165. See the dealers GAME
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