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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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Sunday, September 29, 2019 10:20 AM PST 

Dear CMY
Good to see you very active now! Hope and pray for your health

What are your thoughts on phase 9 prism development now ? You had predicted 2019 end possession for R block at least
Is that going to happen ?

Has the development slowed down ?

When do you think block ACDPQ and zone 1 will get possession?

CMY replied on Sunday, September 29, 2019 01:04 PM PST 

All Prism blocks development pace have witness some slowed down for an unknown reason. Perhaps DHA trying to give more time to DHA 7 to get populated etc.

I am hoping for possession starting in mid next year at the earliest
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(214)
Thursday, July 18, 2019 10:50 PM PST 
DHA Multan

What is happening with DHA Multan? The 1 kanal allocation file price dropped to 46.10 lac. Unfortunately the ballot is happening at the wrong time i.e. bad current economic situation. The project is too good and DHA has invested a lot in project as can be seen on the video shared by CMY. The project is worth investing for long-term holders.

Ali replied on Friday, July 19, 2019 12:15 AM PST 

Not only multan... Look around with open eyes
Ring-a-ring-a-rosies
A pocket full of posies
A tissue, a tissue
We all fall down…

Tariq ch replied on Friday, July 19, 2019 04:04 AM PST 

What be the future if Bahawalpur
It may fall @ 2 million

Tariq ch replied on Friday, July 19, 2019 04:05 AM PST 

What will be the future of

Ali replied on Friday, July 19, 2019 01:51 PM PST 

@Tariq ch
Maqbara :)
In major societies there the blood bath. What you expect from that dead zone?

Abdul Ghafoor replied on Friday, July 19, 2019 02:09 PM PST 

Societies ki choro, mulk ka kya ho ga??? already interest rate 13.25%. Who will invest in property when banks can give you that much increase on your money? mehngai. Unfortunately ye tabdeeli galay pur gahi hai.

User_6006 replied on Friday, July 19, 2019 02:47 PM PST 

These are lowest prices with rupee deprecation and inflation people are in loss but it will over soon.

Kh Qasim replied on Friday, July 19, 2019 03:30 PM PST 

@Abdul Ghafoor once we get rid of incompetent fools we will be back on track. This cycle will last for 2 or max 3 years. The cost of business will be viable and thing will start working again. The country has a lot of educated youth and the system needs to put them on work. If system don't then people will find their own way to sort things out as rightly said necessity is the mother of invention.

Consumer replied on Friday, July 19, 2019 03:30 PM PST 

Agree with all this. DHA Multan is a very good project. DHA expected too much out of this. 68 Lacs as cost of land on installments was too much and a blunder. It should have been not more than 55. Then timings are bad as well. I called a dealer around Eid and told him that I want kanal allocation file, I was ready to buy it at 48, however he started laughing at me and said don't expect any thing under 52 and agar late Kia Tu it will go to 64.
Bohat ziada hawa bherte ja rahe the aur ghubara phar dia
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(213)
Wednesday, June 1, 2016 04:52 AM PST 
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(212)
Sunday, May 15, 2016 10:44 AM PST 
PRISM COMMERCIAL

Dear friends, I have been trying to buy plot in Commercial Prism CZ1, 8 Marla on 150 road and also looking for OVAL complex 4 Marla outer circle.

I was hoping to buy at good price, but they are not only going up and up but also extremely hard to find a real seller.....,

Are they over priced right now ? What is the predicted price in next 1 year for these 2 hot commercial locations ? waiting will help or further make them out of reach ?

COMMENTS please

thanks

Tayyeb replied on Sunday, May 15, 2016 03:09 PM PST 

You are right, the price is unbelievably high and further going up. Really at odd to understand the whole scenario. But it looks price will not revert but who knows?
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(210)
Monday, March 21, 2016 07:05 PM PST 

Dear LRE team and learned forum contributors,

Please suggest best architects/builders in Lahore capable of delivering high quality design and construction

Thank you.

Mian replied on Monday, March 21, 2016 09:59 PM PST 

@ Farhan Shaffiq office situated Model town J block. Office no:
Cell no: .
My Best experienced ever of architecture & Interior designing.
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(209)
Friday, March 18, 2016 04:16 AM PST 
Prices of Prism again fly rocketing

I have heard from various delears that Prism prices of upper blocks will take a rise again. Any specific reason?

Ejaz_EJ replied on Friday, March 18, 2016 12:41 PM PST 

I think you have not heard correctly... Just pay good attention while listening.. Prism prices are not going anywhere except stagnant. Those will definitely increase next year end when some roads will be visible, but not now. Just sit back and relax

DHA 9town replied on Friday, March 18, 2016 12:57 PM PST 

Dear EJ.
Dha 9town main 5merla plot sale krna chahta hon
Please advise
Sale kar don ya 1-2Mah wait kar loon.
Please reply pleaseeeeeeeeeeeeee
Allah apko khush rakhe.

Mir. replied on Friday, March 18, 2016 01:28 PM PST 

Think about this Mian Sahab. Who is the end user of these plots that will be developed in Prism after a considerable period of time? Can anyone construct a home there in the next 6 year ? Even 10 is unlikely.

Ejaz_EJ replied on Friday, March 18, 2016 01:40 PM PST 

I dont understand people are not thinking this phenomenon that prism is still far away to be liveable.. They increase the prices artificially nothing else. There will be 2-3 cycles of prism prices in next 4-5 years. For now prices will stay as it is or minor growth if pace of development is good.

Phase 9 town
As soon as construction will start prices will grow gradually. More wait more profit.

AHMAD HASSAN replied on Friday, March 18, 2016 01:59 PM PST 

Prisim upper block prices will go high further due to following reasons:
- Up side phases (Phase 5M, Askari 11) Already developed)
- center of attraction of all investors for next few years or till no new mega project launched by DHA
- location

AHMAD HASSAN replied on Friday, March 18, 2016 02:06 PM PST 

Adding one more point that there is big difference between pace of our earning and property price rise. The time prisim will be ready it will be out of reach for many persons like me. This is the reason we buy today and wait, although we believe that no one knows that he will be live tomorrow or dead.

insider replied on Friday, March 18, 2016 02:23 PM PST 

very well said AHMAD HASSAN

Ekrar replied on Friday, March 18, 2016 08:18 PM PST 

The prices in prism are now being capped by phase 7 prices...
I would say it in another way....i.e. The greater the prices of phase 7 NOW, better impact it will produce in the rolling year on prism prices....

DHA 9 Town still has leverage of increase in prices(5-10 lac)-- Increase in prices of DHA 9 Town and better access to this will have a good impact on upper blocks especially prism sector A (being neighbour to 9-Town apart from other properties of location and early development there!). So Sector A,D,C will keep on increasing smoothly from now onwards, even inspite of being overpriced!...

Mian replied on Saturday, March 19, 2016 02:13 AM PST 

@ Ahmet sb. your views awaited ???
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(208)
Thursday, March 3, 2016 02:09 PM PST 

Name test
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(207)
Thursday, March 3, 2016 08:27 AM PST 
KB

Multan DHA has moved, Now it will start moving and will come out of that stagnant position, Multan has got very good potential as I have personally visited Multan DHA while my visit to Pakistan. When it comes on investment I don't know why people are talking about that only place is to invest is Lahore this is not the case property in Multan is not even cheap to buy. I have seen upto 4-6 crores for 1 kanal house and they are in established societies but keep in mind they are established societies not Defence. When defence will be launched and will be developed price will be sky high around 150-200 lakhs for 1 kanal plot. I am not exaggerating its the fact which you have to believe other wise one day it will prove itself and people will miss the train. How it is possible that Lahore properties will increase and other cities will increase but Multan will be under price and will not increase ? Ask this question to yourself and you guys will get better Idea. My vote is definitely for Multan DHA for 2-3 years investment with very decent returns. This is what I think with my my experience and also I have my investment in Multan so I am very positive about my investment. Rest Allah knows the best.

Ali replied on Thursday, March 3, 2016 01:39 PM PST 

Dear KB
I have investment in DHA Bahawalpur do u have same opinion about it. Does it have same potential to grow in 2-3 years. Thanks

Ekrar replied on Thursday, March 3, 2016 06:21 PM PST 

I wish you good luck for your investment, but will be slow gainer as compared to Lahore properties because people are more interested in settling in Lahore.
Just as prism will take more than 5-7 years to reach the prices of Wapda Town Lahore, Dha multan will also take this much time at least
(that too dependent on pace of development) to reach to 1 crore level.

The speculations that DHA multan will rise to 40 lac as installment plots would be launched at 50 must follow the example of DHA bahawalpur where cash files are at 25-27 and installment plots are @50.

So the very 'train' is not going any where, prices expected to remain stagnant , n would face the dip on pressure of development charges even when balloting is done.

Do remember as the supply of DHA 9-extension files becomes affluent in approx. 6-12 months, 9-ext prices will come down to as low as 35 and this would prove to be a huge shift of investment from Multan,Bahawalpur, Gujranwala etc towards Lahore!

Rest your money, your decision!

Sukhera replied on Thursday, March 3, 2016 06:38 PM PST 

Ekrar sb. I respect your opinion about DHA Multan. But there is one difference between DHA Multan and Bahawalpur. Location. DHA Multan's location is very good. Near to BZU and Wapda Town. Yes development can be an issue. What do you say about location? Thanks

KB20 replied on Thursday, March 3, 2016 09:07 PM PST 

Ekrar Brother I always respect your professional thoughts in real estate and also I read your opinion regularly with due respect sometimes they do make sense but sometimes looks being personal against Multan DHA. Give people the right advice if they are asking for it. You are quite right when it will reach to that bloom. When one can expect the rise like Wapda Town? Once you will see any activities will starts regards to development, Which is in very near future you will see the sudden rise in prices and it will be keep increasing, reason is even very small local societies in surrounding defence multan has got 45-80 lakhs for each kanal.32 lakhs will be history yes you are right it will take few years like 3-5 to get proper ripped and I think people like me who are not desperate and want secure and profitable investment for their children will prefer Multan Dha sort of investments, and also let me clear this to you Ekraar brother I am not from Multan neither have any plans to live there but I bought 5 files for my long term investment and I know I will triple my investment InshAllah as I have done these gains in past in Lahore aswell. Rest Allah knows the best

Surfer replied on Thursday, March 3, 2016 09:36 PM PST 

@ KB20 nice arugument regading Multan. I have one question for you.
If you have puchased 5 files of Multan for Investment when will you sell them to grab maximum benefit out of it?

KB20 replied on Thursday, March 3, 2016 10:21 PM PST 

Surfer
There are 2 sort of investors, one who needs quick gains more likely in months second and otherone like me who can hold their investments for maximum gains, My aim is to make my investment safe secure and profitable regardless of the cities. Multan will get some gains in near future and when I will be selling your question, So I will be honest with you I don't know. But whenever I will sell it I want it to be on its maximum and so I can pocket some decent profit. Minimum I believe might could take upto 3 years. See how it goes but I cant see in all over Pakistan this kind of investment may be I am wrong but very sure that I am not and will be not. I am in Uk when I was in Pakistan few months back I went to Multan because I live in Lahore defence I can see the difference and off course all of you can see the difference in quality of life in between Lahore Defence and other societies in Lahore. Difference speaks itself so when I visited Multan I did went to Wapda town it is just the normal society with the normal standards. and I was surprised all the wapda town have got beautiful houses and they are selling for above 3 crores for 1 kanal house.and 1 kanal plot are from 150-200 lakh.I can see potential in Multani who are reasonably rich and spend on their living. Defence will be sort of new and modern Multan and people have got money to afford it.

Little Comparison between Multan and Prism Phase 9

Make sure before reading it we are not interested in Cities or not being prejudice about areas or cities take it purely for business and investment.

Today's Investment Prism Top Location Plot 120 lakhs 1 kanal
Prism after 5 years top location 3 crores

Multan

120 lakhs person could get upto 4 files
After 5 years
Top Location plot will be around 150*4 = 6 crores

Rest I leave on you guys to decide who will be the winner.
Allah knows the best

Ekrar replied on Thursday, March 3, 2016 11:04 PM PST 

Also let me reiterate the history of 1.5 years previously:

In december 2014, prism file was at 45 n now average plot is at 85.
In december 2014, DHA multan file was at 30 n now it is at 32...

Stagnant for 1.5 years??? ( I never saw prism prices stagnant for this long a duration,kept on rising since 2011)....Isn't it a big loss?

KB20 replied on Thursday, March 3, 2016 11:46 PM PST 

Ekrar be honest as I request you earlier. Prism has not being launched last year it was launched 10-12 years ago and it took prism more then 10 years to reach at 85 lakhs as you said. Multan DHA has been announced just 1 and half year ago. You cant compare old man with young man my brother, and we all know young has got more energy and potential then old. But wisdom wise yes its old, We need energy and potential our investments. Trust me give some time to Multan DHA I am not even asking 10 years like prism I am just saying few years like 3-5 years. Multan will be big gainer in 3-4 years. I also have investment in Prism but it will be slow runner I know and reason I am still having it in prism because when I went to Pakistan i was not getting price what I was asking for other wise I would have sold it and invest more in Multan. I am not against prism may be in coming years when I will get enough profit from Multan I will move back to prism.

Ekrar replied on Friday, March 4, 2016 12:06 AM PST 

I pray DHA Multan kanal plot reach 3 crore in 7-8 years :D... good luck!!!
If you are a very very long term investor, it is good for you to keep it !!!! You need not to worry for any such stagnation...Rise/fall come in property business, it is always like this...

Phase 8 1 kanal are good location are available @ 250 today so after 7-8 years. Now consider the inflation factor will be available at 450+...
Prism prices will highly likely to match phase 8/phase 6 prices in 7-8 years so will cross 400+ by then !!!!

Rest Allah knows better n He is the One who feeds us all !!!

ShahzadQamar replied on Friday, March 4, 2016 12:19 AM PST 

KB20, you made the decision just like I did couple months back, now stick to it. You are totally right and investors will see the gains potential in DHA multan sooner or later. The best thing is that current files will get plots in phase-1 & definitely there shall not be any intense problem of plot location after balloting because there are no villages no grave yards in DHA multan phase-1. Ekrar & Surfer, just do the investment analysis in detail with science, not an art work of dream. Prism 4crore+ shall be dream only....yes 2.5 to 3 is quite possible in 10 years.

KB20 replied on Friday, March 4, 2016 12:42 AM PST 

Toatally agreed with Shazad if prism could go upto 4 crore+ for average plot as Ekraar said then Multan also could go upto 3 crores as I said but, realistically neither will go upto that value. But this is definite that Multan will get heavy gain percentage wise will be well over 100% profit within the years. But doubling in prism is not possible in near future prism will gain but with slow pace. Ekraar why inflation only benefit the lahore property as you said ? Why inflation does not apply in Multan DHA to increase its value come on brother with due respect come out of this Main naan Manoon ... Any way it was healthy discussion or debate I will not call it arguments.

ViewPoint replied on Friday, March 4, 2016 02:30 AM PST 

Nice discussion. In the end what is important is that both options will gain quite a lot. 3-5 years is a long time and there will be many ups and downs in the middle. At one point one option can be deemed better and a at a latter point the other option will overtake.

Mian replied on Friday, March 4, 2016 03:16 AM PST 

A very healthy discussion made on Dha Multan today. Not as before.

ShahzadQamar replied on Friday, March 4, 2016 04:05 AM PST 

Surfer bhai, I was expecting an apple to apple comparison from you but thats not what you did. Below are some problems in your calculations & result of apple to apple comparison:
You calculated 208 Lac investment & 600 return for DHA multan
You calculated 260 Lac investment & 600 return for DHA 9 prism lhr.
Now dont just calculate the profit, please calculate percentage return (as investment in Multan as per above is 52 lac less).
Flat return per year for multan = 37%
Flat return per year for prism = 26%
Also note You forgot to consider transfer charges. In multan transfer charges are much less, commission is very low nearing zero % (Dont argue because I myself bought recently). The expected development charges in multan would be less than lahore because of many reasons. I would not go into that debate and lets consider 20 as development for multan & same percent rate of transfer charges in multan as in lahore, as per above multan is still 11% more in flat percentage than that of Prism.
Both will be equal investments if Multan will be at 120 after 5 years considering Prism at 300 OR Prism to be at 365 in 5 years considering Multan at 150 (Development charges included in both cases).

Surfer replied on Friday, March 4, 2016 04:51 AM PST 

Shahzad bhai I think you might not read my statement with close eyes. I know i cannot satisfied you on my behalf thats why I take all the facts & figures given by KB20 not by me if I will do that it might be well in favour of PRISM & Results are different. I just want to prove that even on your figures PRISM is better or might be equal to your day end calculations. I totally take all the figures all the assumptions based & given by KB20. & bhai jhan I have not placed transfer charges for both tranfers in order to balance them. I used this statment many times "given by you not by me". This is not my KASUR that you missed the PRISM train. But you still got time to take a ride on it if you want to. Flat return might be well a head of PRISM if i calculate on my facts & figures. Sorry once again if i hurt your feeling but bhai jhan MY 7 questions are still unanswered by your side? I allready said that this is my last statement. Means last statement. I just want to prove and what i proved by your words : "Both will be equal investments" But bhai file aur plot mein bara faraq hota haa. Agar acha plot niklay to mithai kay liya bhai ko zaroor yaad kar legeia gaa.
Your Old Friend

Sukhera replied on Friday, March 4, 2016 08:43 AM PST 

I dont know if its a trend or not but I have observed a few numbers across DHAs in Pakistan.

Peshawar: 1K Installment Rate: 5.5 mil, File Rate right after launch: 5 mil (90%)
Bahawalpur: 1K Installment Rate: 3.8 mil, File Rate right after launch: 3 mil (80%)
Multan (assuming): 1K Installment Rate: 5.0 mil, File Rate right after launch: 4 mil (80%)

CMY replied on Friday, March 4, 2016 02:48 PM PST 

Happy to see serious discussions ongoing and also very peacefully now.

MBS replied on Friday, March 4, 2016 04:01 PM PST 

Good analysis KB20 and ShahzadQamar.

KB20 replied on Friday, March 4, 2016 06:04 PM PST 

Ali

Sorry my brother I don't know much about Bahawalpur but obviously stay positive I can guarantee you that you will not loose any money when investing on DHA projects in long run.
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