Lahore Real Estate Forum: Property News & Community Talk : Discussion Property News & Community Talk

Baba G replied on Tuesday, August 13, 2013 08:18 PM PST

Aoa, As per all of us who have been following the prices of DHA lahore since it emerged, The Prices of DHA property has only gone down to bounce back again. If you see in phase 1 or Phase 3 you can find a 8 marla plaza of old style and only few floors still in range of 5 to 10 million. so just compare the prices of new phase like 6 &8 and the prices of their commercial plots, as prices have gone up high due to some reasons, I don't think these reasons will settle down soon, even when it settles down, the area of DHA would be more populated as now. So naturally the prices will not go much down .

Mehmood Malik replied on Tuesday, August 13, 2013 08:20 PM PST

Dear Amir,
You chose very good issue.in my point of view DHA Lahore commercial has both side advantage and Disadvantage. Advantage is security for oversea investor without QABZA Title clear so on. Disadvantage are more than advantage. Very high prices as compare other area of property. Low income return.

dha Commercial replied on Tuesday, August 13, 2013 08:25 PM PST

First of all ... I dont see appreciation in it. After too much gain.
My uncle bought phase 4 6 marla commercial one year back at 2 crore.
and constructed a plaza on it. In one year time the price of that comm. (Plot only) is 5.5 crores.

At start he wanted to rent it now he wants to sell his plaza cause he thinks assets of 7 crores and getting 3 lakh rent is not enough.

Every one wants more out of their money so Just calculate it yourself. He want to invest in plots now in phase 7 specially to extract more out in one year.

Cheetah replied on Tuesday, August 13, 2013 08:32 PM PST

Amir,

This guy is fooling around.
There is no indication of rates dramatically dropping (or rising). Commercial space is dependant highly on population growth and disposable income.
Lahore's population growth is only going to improve. Disposable income will increase accordingly if not by ratio but by amount.

Info replied on Wednesday, August 14, 2013 08:56 AM PST

In fact rental yields are highest in commercials DHA or Bahria so i don't see any rates dropping also in near future.

dha Commercial replied on Wednesday, August 14, 2013 12:34 PM PST

well it is my opinion and all i am saying is investing 6 crores and getting 3 lacs in return not seems feasible.
Either market rent will be re-adjusted or prices will fall for commercial.

(57778)

Khans

Monday, August 12, 2013 11:14 PM PST

Reply:

evaluation

Ad Type

City

Scheme

Phase

Block

Size

Cur. Rate

Lahore

DHA

7 & 5

Y & M

Please evalute the following plots :

near Y 2958 Phase 7

near M 697/1 Phase 5

Lahore Real Est replied on Thursday, August 15, 2013 08:24 PM PST

Dear Sir
DHA Lahore Phase 7 Near Y 2958 is valued around 85 Lacs
DHA Lahore Phase 5 Near M 697 is valued around 82 to 83 Lacs

Lahore Real Estate

(57777)

Hassan

Monday, August 12, 2013 08:32 PM PST

Reply:

Kindly evaluate the following plots.
E 128 phase 6
T1176 phase 8
Z 414 phase 7

Thanks.

Lahore Real Est replied on Monday, August 12, 2013 09:34 PM PST

Dear Sir,
DHA Lahore Phase 6 Near E 128 is valued around 130 Lacs
DHA Lahore Phase 7 Near Z 414 is valued around 110 to 115 Lacs
DHA Lahore Phase 8 Near T 1176 is valued around 130 Lacs

Lahore Real Estate

(57776)

Visitor

Monday, August 12, 2013 07:59 PM PST

Reply:

Dear viewers,
I have a 10 marla plot in X block phase 7. Kindly advise me whether it is better to hold the plot till possession or it is better to sell the plot now and invest the money somewhere else?

If its good to hold now, then where do you see the prices of 10 marla plots in phase 7 in 6 months time or after possession? The prices are around 5.5-6 million now.

Looking forward to your expert opinions. Regards

A replied on Tuesday, August 13, 2013 03:28 PM PST

Do not sell Phaase 7 until possession granted! That is my advise. Lets see what others have to say!

Ak replied on Tuesday, August 13, 2013 04:20 PM PST

I agree with Mr A, don't sell phase 7 till possession is granted. You will get a good gain of at least a million upon possession.

New one replied on Tuesday, August 13, 2013 05:59 PM PST

I totally agree with Mr. A. Do not sell phase 7 plot at this moment.

doodle replied on Tuesday, August 13, 2013 06:34 PM PST

DONT even think about selling Phase 7!! The next fire shall be in phase 7 in terms of rates. Wait for the possession. Even if it doesnt come as far as phase 6, it will come close.

(57775)

arif sami

Monday, August 12, 2013 07:56 PM PST

Reply:

Hi can anyone give info about the credibility of national garden housing scheme chakri road rawalpindi Lucky Block...they have strange way of selling the form itself...i paid postman 2000 to get the form...want to kbow isit a genuine scheme...

(57774)

Faisal

Monday, August 12, 2013 07:42 PM PST

Reply:

DHA Phase 8

Dear Team,

When are we expecting DHA Phase 8 ready to construct for homes?

Regards.
Faisal

KSA replied on Monday, August 12, 2013 08:22 PM PST

5 years from now....minimum and no time limit on maximum wait

Rana in KSA replied on Monday, August 12, 2013 09:13 PM PST

@ KSA,
5 years is too long,,, can you please make it between 2 to 3 max...
dev work to complete in next 2 years max... and handover in one year... seems ok...

Bilalsm replied on Tuesday, August 13, 2013 01:02 PM PST

Lookin at development pace, may be 2-3 yrs

Ak replied on Tuesday, August 13, 2013 08:23 PM PST

Hi Faisal,

Considering the market situation of Phase 7; I don't think DHA will give possession of phase 8 in next 5 years, they will be giving more hype to Phase 7 after the possession and once that is populated then they will move market towards phase 8.

Since Phase 8 has much better location then both phase 6 & 7 and DHA management is aware of it so they will not make any move that will have negative impact on their other already developed phases 7 & 8. They will make more money from Phase 7 first and then once they do that then phase 8 will be the hottest cake. I am sure they will follow the same strategy on Phase 9 as well that they will make maximum money from each phase before launching the next one.

Although the development pace is fast but you need to consider the development of Phase 7, 80% of the work is done but they are not giving possession so Phase 8 needs at least 5 years.

(57773)

DHA Bahria

Monday, August 12, 2013 07:38 PM PST

Reply:

DHA 9 Balloting

As far as balloting is concerned, it must be within this year. No one knows the exact date only speculations are around. But few things are very clear.

1. No one is in more hurry than the DHA itself. DHA has to collect the development charges, more the delay more is their depreciation.

2. General Kiyani has to leave this year. Balloting must be close to his retirement. (you know why ;))

As far Bahria is concerned. It has been safe haven for investors recently. Overseas extension is also nice opportunity. Closer to sector D. I feel its better investment than sector F. If you can hold it for 6-8 months, you can gain handsome amount.

ahmed replied on Tuesday, August 13, 2013 01:13 PM PST

I see a lot of desperate remarks about DHA 9 ballotting.

I would say that the ballot will be held but has no connection with General kiyanis retirement( i can assure u). However his personal interest is attached being army chief. Lot of serving army officers have been allotted files as their service benefit and this file is required to be converted into a plot, by compulsion, so the ballot will be done but may be in a year or so. Another aspect is its well planned layout and location gives it benefit in longer times. However at the moment we do see other opportunities for short term investment, as reflected on this page.

So all those who hold phase 9 files are advised to hold them for six plus months minimum and a year max, u all will benefit INSHAALLAH. Please dont be desperate and remember DHA brand name matters!:)

abdullah replied on Tuesday, August 13, 2013 08:18 PM PST

Dear Ahmed,

can you pin point the short terms investments you are referring for. Otherwise you will observe that this page is full of advices for investment only in phase 9.

(57772)

NAB SCAM

Monday, August 12, 2013 06:41 PM PST

Reply:

NAB AD FOR FORMANITES HOUSING SCHEME AFFECTIES

I saw an ad given by NATIONAL ACCOUNTABILITY BEARU LAHORE about FORMANITES HOUSING SCHEME that affectee can file their claim about fake plots given by the formanite's management. NAB investigating about FORMANITES HOUSING SCHEME. Can see at URL

http://www.nawaiwaqt.com.pk/E-Paper/lahore//page-9