Lahore Real Estate Forum

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DHA Files Rates | Lahore Real Estate Updated Files Rates | 14 July, 2022

DHA Files Rates | Lahore Real Estate Updated Files Rates | 14 July, 2022


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Usman replied on Friday, July 15, 2022 01:25 PM PST 

will there be any effect on DHAQuetta prices after the assassination Col Laiq in Quetta,who was an employee of DHA Quetta

Kamal Khan replied on Sunday, July 17, 2022 05:50 PM PST 

Such grave security concerns would definitely impact firstly the demand of plots and eventually the plot prices. Most sane persons would try to stay away at least from DHA (Quetta).
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DHA Lahore officially Confirms Prism DHA Lahore Sector Wise Possession In This Year 2021 | Congrats!

DHA Lahore officially Confirms Prism DHA Lahore Sector Wise Possession In This Year 2021 | Congrats!


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Arhum Arhum replied on Friday, October 22, 2021 01:09 PM PST 

Fool me once, shame on you. Fool me twice, shame on me.

I will not trust any news by you on phase 9 prism possession until DHA themselves announces it. Looks like another cheap tactic to hype up market and cause speculation. But I am also of the view that by end of this year phase 9 prism will get possession (as I've been saying for months now).

Anyways, even if possession does arrive, prices won't suddenly jump up in prism as transaction rate and volume is already very low. Even possession news will give way to higher volume or prices now as prism is already correctly priced at the moment (or maybe even slightly overvalued). So if anything, prices will remain same or reduce by a bit more.

Arhum Arhum replied on Friday, October 22, 2021 01:10 PM PST 

Correction: Even possession news will NOT give way to higher volume or prices now as prism is already correctly priced at the moment (or maybe even slightly overvalued). So if anything, prices will remain same or reduce by a bit more.

Arhum Arhum replied on Friday, October 22, 2021 02:16 PM PST 

Great news for Prism holders. It will sky rocket now.

Arhum Arhum replied on Friday, October 22, 2021 02:19 PM PST 

Many Congratulations to lucky owners
Cheers!

Ashfaq replied on Friday, October 22, 2021 02:20 PM PST 

Download latest Feb - Jul 2021 Bulletin, you would find official confirmation:

https://dhalahore.org/

Arhum Arhum replied on Friday, October 22, 2021 02:37 PM PST 

Correction: if possession does arrive the price in prism would take a jump upto 30 to 40% from current price threshhold.

Strange replied on Sunday, October 24, 2021 04:53 PM PST 

Why different views by same person 🤣😝🤣

Kamal Khan replied on Tuesday, October 26, 2021 06:22 PM PST 

The same person giving 3 views in 3 hours can explain is better.
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Capital Smart City Development | Main Boulevards, Overseas Blocks, Villas, Capital Hills & More

Capital Smart City Development | Main Boulevards, Overseas Blocks, Villas, Capital Hills & More


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Muhammad Asif replied on Sunday, October 10, 2021 01:32 PM PST 

Dear Ch.sb,' please share the present prices of capital smart city and advise it's worth to invest here.

Rizwan replied on Sunday, October 10, 2021 04:04 PM PST 

People should blame themselves for this mistake. It is a job of dealers to sell any project for commission. People should check the approval status before investing in any project.
Greed is a curse.

avc replied on Sunday, October 10, 2021 04:29 PM PST 

Rizwan
you means seller should not have any moral values, whatever they like thane can do
in the end poor man to be blamed
very sad

Rizwan replied on Sunday, October 10, 2021 05:29 PM PST 

Dear AVG,

Do you expect any moral values from the companies? The are just interested in their profits. It is a mafia ( developers/ real estate agents/ advertising agencies etc etc).

Kamal Khan replied on Monday, October 11, 2021 02:41 PM PST 

Though gradually, people are getting closer to ground realities. While investors need to be prudent putting in their hard earned money, the developers / sellers and their real estate agents must also have ethics and code of conduct for carrying out their business. Like many other sectors, the govt should come up with a Real Estate Regulatory Authority (like RERA in UAE) to screen and pre-approve all such developers and their estate agents, and thereafter watch over their actual dealings and performance.
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Friday, September 17, 2021 08:59 PM PST 
CPEC Updates

CPEC Updates
While presiding over the Senate Standing Committee on Planning & Development, Chairman Saleem Mandviwalla said the Chinese were not satisfied with the pace of work on CPEC “They are crying”, said Mr Mandviwalla, adding the “Chinese ambassador has complained to me that you have destroyed CPEC and no work was done in the past three years".
Special Assistant to the PM on CPEC Affairs Khalid Mansoor also endorsed Mr Mandviwalla saying the Chinese companies were not satisfied with the government’s institutions and their pace of work.
Source: https://www.dawn.com/news/amp/1646793

Arhum Arhum replied on Sunday, September 19, 2021 01:22 AM PST 

No one is satisfied with pace of work in Gwadar. Still waiting for that FDI to arrive in Pakistan...

Kamal Khan replied on Sunday, September 19, 2021 05:23 PM PST 

Three years (without progress) is a long era. On one side the Govt is linking Pakistan's future with CPEC but on the other no progress is reported for the last 3 years. Why do we have this situation. Any realistic and not politically motivated views please.

Thinker replied on Sunday, September 19, 2021 07:12 PM PST 

I think apart from incompetence, the other issue is that USA does not want CPEC or any more Chinese influence in the region, and they have insiders to make sure that their interests are preserved. Just my two cents worth
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DHA Phase 9 Prism Lahore Civic Zone-1 | Current Prices & Overview | Drone Video | September 2021

DHA Phase 9 Prism Lahore Civic Zone-1 | Current Prices & Overview | Drone Video | September 2021


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Mian replied on Thursday, September 16, 2021 10:28 PM PST 

Great
Looks good
What is the rental potential of 8 Marla after possession at 150 foot main blvd ???

Kamal Khan replied on Friday, September 17, 2021 02:49 PM PST 

It is a 100 milliom dollars question. Today, 8 marla is priced roughly at 14 crores and 4 marla at 6 crores, with the potential to become double i.e. 28 crores and 12 crores, respectively. Adding the construction cost, the commercial plaza is likely to cost 32 crores for 8 marla and 15 crores for 4 marla.

How much rent these (high valued) plazas are likely to fetch, and would the expected rent make any economic sense to make such huge investment?

alpha replied on Friday, September 17, 2021 03:38 PM PST 

Just for comparison , the plots in central business district were auctioned for 1.4 crore per marla. Prism 8 marla commercial is priced even higher than that (1.7 crore per marla). Something is not right

Arhum Arhum replied on Friday, September 17, 2021 04:58 PM PST 

Alpha, it is DHA effect. DHA is where the wealthiest of people live so purchasing power is very high. Secondly, sections of DHA lahore like Y block, H block are already large commercial markets where people from everywhere come. Similarly, phase 6-9 will be ultimate commercial hub. We are already seeing it happen with phase 6 commercials MB skyrocketing to about 15 crore valuation.

Similarly, there is no question phase 9 prism will still double in commercial values. 8 marla will easily hit 30 crore valuation in years to come especially due to their prime locations. Phase 9 prism will cater most residents because prism is roughly equal to phase 6+8 in size. Not to mention, phase 10 the biggest phase being next door to prism. There is no question that prism commercials will double

alpha replied on Friday, September 17, 2021 07:02 PM PST 

All the best.. I agree in the long term it is it will double or triple or quadruple and we are all dead

alpha replied on Friday, September 17, 2021 08:17 PM PST 

People ( including myself) would go to Y block or H block 2 to 3 years ago. Now folks go to malls ( Packages and Emporium). There are wonderful new malls coming up in DHA ( Penta square, Dolmen, Raya etc). I believe there will be a mall catering to Prism encatchment area as well. We keep on circling back to the same thing that malls and online have eaten 8 marla's or 4 marla's lunch

Arhum Arhum replied on Friday, September 17, 2021 08:36 PM PST 

Alpha, Punjabis are not attuned to mall culture. We occasionally enjoy going to malls for a fun day out but most of our shopping is done through 4 and 8 marla commercial markets. I myself prefer going to small markets instead of malls for shopping as do most. Phase 6 will become huge due to dolmen mall, raya fairways, another mall in sector N/P as well as your main boulevard commercials.

Malls and online have in no way eaten 4 and 8 marlas lunch. Bigger retail brands have shifted to malls but majority business is still done through 4 and 8 marla commercials. Grocery, banks, restaurants, medical stores and most businesses are not suitable for malls. Malls are mostly for cinema, entertainment and retail/textile shopping. And forget online. Online shopping has increased but barely placed a dent on in-person business. In foreign countries situation is different where people even order most groceries online but in Pakistan, online game has long way to go and will have to play catch up for a long while

alpha replied on Friday, September 17, 2021 10:21 PM PST 

Interesting insights. I am trying to wrap my head around the contradictions. While you say that the richest of Lahore will live in DHA ( specifically DHA Prism 9 ), but they will go to malls for window shopping and entertainment only.

Arhum Arhum replied on Saturday, September 18, 2021 01:22 PM PST 

There is no contradiction in that. I've personally seen in Emporium that most people are just window shopping and same for other malls

SFGCS replied on Saturday, September 18, 2021 05:41 PM PST 

@ Arhum Arhum:
How do you see the future of Commercial of second tier societies like Paragon, Royal Residencia ?
Especially if one has a smaller budget.

Arhum Arhum replied on Sunday, September 19, 2021 01:20 AM PST 

It's not bad but not great either. I say this because residents in such societies generally have far less purchasing power than DHA residents and secondly, these societies are usually isolated and enclosed meaning not as much fare through. Paragon commercials are not a good option at all as they already compete with barki road commercials and I know for a fact that a big portion of paragon residents go to burki road for shopping. Why is this important? Because then less money is spent on businesses occupying commercials in paragon itself which is why you see imperial mall being totally empty. Hence less chances of getting building on rent and getting lower rent offers per price than in DHA.

Fare through is also very important. H and Y block are terrific locations for businesses to thrive because so many people pass by and through those areas when going to/from home even those that don't live in DHA. Same goes for phase 6 MB commercials because phase 6 main boulevard connects barki and bedian road so lots of fare through traffic or non-DHA residents stop by for shopping. DHA administration is very smart when it comes to planning commercials.
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