I am also new to this forum and a student of property investment, just learning the investment tips from this forum. Just want to give my little analysis on
DHA Multan and investment in Lahore, in any Lahore society.
I believe the comparison should be according of value for money, the amount one have available and going to invest. Supposing an individual have PKR 3MM.
Current price of DHA Multan (1 Kanal) PKR 32.7Lacks,
Current price of DHA prism (5 Marla) PKR 25 to 40 Lacks
there should be two scenario, short term (1-2Year) and long term( 3-5 Years)
Long term: now if we compare the price of DHA multan with DHA prism almost same for 1 kanl and 5 marla repectively.
DHA multan will have its bolloting at the end of this year, and planning to give possession in 3 year but I will consider it will take 5 years. Now imagine the price of 1 kanal in DHA multan after 5 years. Being modest, it should be between PKR 8 to 10 million in 5 years time. and considering very minor construction activity.
It means you can ear almost PKR 5-6MM in five years time. that is almost 30% annual return.
Now let see the DHA prism 5 marla in 5 years time, keep in mind it is only 5 marla, where it will go. Assuming Prism will also give possession in 5 years time, how much will it gain in 5 years? current price of 5 marla in phase 6 is PKR 6-7MM, Prism 5 Marla will also be in the same bracket after 5 years.
So as per this DHA multan is much better option with this budget.
2- Short term:
DHA multan is going to ballot in this year and it is for sure that
prices will go up before balloting,
If someone want to invest this much amount for short term, this is the best option. Bcz it will definitely touch PKR 4MM before ballot.
I know some guys don't like DHA multan investment, but this is just an analysis, other guys can also comments and make me correct if I took some wrong assumption.
Cheers.