Lahore Real Estate Forum

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(63780)
Monday, May 18, 2015 07:04 PM PST 
Location and price evaluation

Ad Type
City
Scheme
Phase
For Sale
LHE
DHA
9
Dear CMY and TEAM...... Allah swt bless you people for your continuous help and respect for the inquiries made by us all.... It's really a very tiring job...thanks again.... I will highly appreciate if you can evaluate the location , future prospects and price range of these plots..... 1. 9/B/186...1K 2. 9/L/1403. 10M 3. 9/J/629 5M ............and last till how long it's feasible to hold the plots..........thanks and. Jazak-Allah
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(63777)
Monday, May 18, 2015 07:00 PM PST 

Dear CMY

plz evaluate Plot No. R 1463 (5 Marla)
and Plot No. K 1744 (10 Marla)

Niazi replied on Monday, May 18, 2015 07:09 PM PST 

K 1744 45~50---55 Lac
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(63776)
Monday, May 18, 2015 06:58 PM PST 
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(63775)
Monday, May 18, 2015 06:53 PM PST 

It's amazing to see that most Retail investors (those owning less than 3 plots) in DHA Lahore make absolutely no effort in understanding the dynamics of DHA market and where each and every phase is located and regarding the historical trends of development work by DHA. It just seems Pakistanis have too much money but do not want to educate themselves before putting their money at risk. They just want some broker or friend can provide them all guidance before making their investment decision.

Multiple members on this forum kept asking the admin about the ballot results and maps of phase 9 even days after ballot when they never bothered to check DHA website where ballot results and full high resolution detailed map was posted on the same day as ballot.

People appear so sure that they will be able to start their house construction in 3-4 years time after ballot. Then they assume that somehow phase 9 prism is some special phase of DHA and DHA will give it some special attention. I feel sorry for such innocent fellows. We are just a very optimistic nation who thinks the next thing will be THE THING, whether it be DHA or politicians or our sportsmen.

Then some fellows are saying this Phase 9 prism will be a gated community. I will like to point out that all phases of DHA are supposed to be walled. Please pick up DHA ballot package of phase 6 from and DHA says they will make a boundary wall. And eventually most DHA phases end up having a boundary wall. Plot owners on boundaries when they make their houses end up making a boundary for DHA. DHA only boundary walls grave yards and villages and other non-DHA settlements.

Then their is this hope and expectation that somehow the villages located will all disappear after some years. The villages located in Phase 9 are not going anywhere for at least 20 years. All those villages can be accessed via service roads from ferozepur road, hudiara drain road or Kamahan road.

Then the owners of 5 marls plot start expecting good locations for their plots. Think of a developer who plans a society with 90% 1 kanal plots. Where do you think he will plot 5 marla cuttings? 5 marla cuttings in a 1 kanal dominated town plan are most used to fill up odd-shaped land holdings and mostly located in the worse locations where putting 1 kanal would not look good. Another reason for small time buyers to wait for ballot and then choose location. Ballots are for risky investors who have multiple files where things on average tend to balance out; Some good some bad.

Ahmad


======Admin Note======
Real All >> Hot Topics

SM replied on Monday, May 18, 2015 06:56 PM PST 

Good one,

Akmal replied on Monday, May 18, 2015 07:01 PM PST 

Spot on Mr. Ahmed. Totally agree with you.
Interesting thing is that most of the people are educated & working abroad, even then their behavior is childish.

kamran replied on Monday, May 18, 2015 07:05 PM PST 

DHA is very slow developer, and DHA poor town planner, can't compete bahria town, People buy property due to investment is save in DHA, no other facility.

Habib replied on Monday, May 18, 2015 07:08 PM PST 

Very realistic, time is main factor here eventually every thing will be OK Like we see in other phases like DHA 6,7 is today, but Minimum Minimum 8 years

info replied on Monday, May 18, 2015 08:18 PM PST 

Well said Ahmed.

Abu Dhabi Investor replied on Monday, May 18, 2015 09:48 PM PST 

Very well said Ahmed. It is our responsibility to education people so that some cunning brokers don't manipulate them to get un due benefit. In the last 2 days, I have posted few times and advised all the investors having bad or worst locations to be PATIENT. This is the only way to turn their bad investment into reasonable investment given that they give it some time ...

Patience holds the key....
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(63774)
Monday, May 18, 2015 06:51 PM PST 

Hi,

I got a 5 Marla plot ( R block 1332 ). Do you guys advise to sell or hold? How's the general location of the plot.

Thanks in advance.

Zafar replied on Monday, May 18, 2015 07:07 PM PST 

hold

Niazi replied on Monday, May 18, 2015 07:13 PM PST 

Baich de bahi ager 35~40 melty hein to
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(63773)
Monday, May 18, 2015 06:42 PM PST 
evaluation of plot

Ad Type
City
Scheme
Phase
Block
Plot
Size
For Sale
lahore
DHA
9
M
364
1kanal
AOA all, I have plot no. 364 of 1 kanal in sector M.
What are your views about this plot. Should I hold it for longer time or sale it out. Waiting for your valuable comments, please. :h
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(63772)
Monday, May 18, 2015 06:32 PM PST 
New DHA Town Map

Dear CMY and Experts!!!
What is the expected location of DHA town new block where fresh file holders would be adjusted?
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(63771)
Monday, May 18, 2015 06:31 PM PST 
Phase 9 Commercial area

Appx. 550 Kanal is commercial land in phase-9 prism = Appx 1100 Kanal (at least) covered commercial area while residential area is appx. 20000 kanals which means appx. 1 marla covered area for each 1 kanal residential in phase-9. This ratio is unreasonably high and will have impact on commercial prices on longer run. Just my opinion but give it a thought and share yours.

info replied on Monday, May 18, 2015 08:15 PM PST 

Very interesting analysis. Could you educate us that what is the normal ratio in other phases for example in phase 6, 7 or 8? Regards.

Shahzad Qamar replied on Monday, May 18, 2015 09:46 PM PST 

if we consider international best ratios its almost 5sq ft per person for Asian countries. For USA it is 16 sq.ft per person which means 1 marla per 16 persons = ~ 0.5 marla per Kanal which means the commercial in ph9 prism is almost double than the requirement
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