DHA phase 7 is now selling at or under DHA 9-10 ????????
Hello friends I want to keep quite and just provide you the basic info like rates , available properties maps pictures etc because I get into too much trouble from buyers sellers and dealers and even DHA and Bahria after posting my HONEST opinion here. If one group don't like my opinion they all blame me for rise or fall in
prices. But today I will ask you a question and you should answer it :)
Today I am scratching my completely bald head for last few hours to find out why some sellers are willing to sell their DHA 7 plots at near or under DHA 9-10 prices.
100s of plots in DHA 7 are now selling at 25 to 30 lacs. This price is with development charges included in them. DHA 7 R and S could have possession as soon as Mar 2009. DHA 7 Q T U P could have possession as soon as Dec 2009. Rest of DHA 7 is Due by Dec 2010 at max. Last installment of development charges in DHA 7 is due June 30 2009. So one can reasonably assume all DHA 7 should be handed over in max one year after development charges are paid 100%.
On other hand a DHA 9-10 file is selling at 15.10 lacs today. One could see after 2 3 years development charges will be about 10 to 12 lacs as they are already 9 lacs today. So when we add
10 lacs + 15.10 lacs = 25.10
12 lacs + 15.10 lacs = 27.10
Now with DHA 9-10 a plot could be delivered only after minimum 5 years at the earliest.
Why would some one sell a plot in DHA 7 at same or lower price than DHA 9-10 ????????????
Why would one buy a DHA 9-10 file at higher price than DHA 7 plot. Very difficult for me to understand.
Either DHA 7 plots will see immediate price rise or DHA 9-10 price will drop further from current price?
What is your HONEST opinion :)