Lahore Real Estate Forum

                                                          
 
Back to Forum |

Orchard Vs J Block Prisim,

(101161)
Friday, May 20, 2016 05:53 PM 

Dear LRE and other experts,

I have a plot in Orchard worth around 4 million. I need an opinion for switch.

1 - Will it be wise to switch from Orchard to Prisim phase 9 5 Marla at this point or should I wait till or after eid?

OR
2 - Should i try to switch to DHA Multan file at this point?

The point in my mind is that there will be more deals coming in Orchard, but there will not be DHA 9 again if rates exceed my budget. What you guys have to say.

Thanks in Advance.

Ahsan replied on Friday, May 20, 2016 06:13 PM 

Prices in J block is already increased so till solid development in Prism prices would be stagnant after Eid.

The multan file will be maximum @40 till balloting.

It will be wise if hold your plot in Orchard for at least 1 year more till procession and Ring Road Completion.

The decision is yours.

Salman replied on Friday, May 20, 2016 06:25 PM 

well said Ahsan. Good opinion in current senario. Conclusion is stay in Orchard.

hassan07® replied on Friday, May 20, 2016 07:06 PM 

I have investments in both, You can pick a plot in J block upper cutting, nicely located plot will go much up in Prism.Orchard will also grow above this rate.So, It would be wise to stay in Orchard.

FAA.awan replied on Friday, May 20, 2016 07:30 PM 

Stay in Bahria Orchard for more potential.Prices will continue to rise gradually.More jumps and Boom are being expected.It's mean abi tu party shuroo hui hai.prism 9 is somewhat long term investment and needs a solid development progress.

Kureshi® replied on Friday, May 20, 2016 07:40 PM 

Awan Sb, u r authority on orchard. Please tell when to sell and what is the optimum price for orchard 8 M in C , D and J blocks.

FAA.awan replied on Friday, May 20, 2016 08:41 PM 

Thank u so much dear Kureshi sb, Actually Bahria Orchard is now main Bahria town of Lahore.Prices of Orchard will cross main bahria right after the possession is announced.As you know,For Orchard, so many bussiness activities and international brands have been sighned by bahria town.
I think 8m in C and D block will be 75 to 80 lac till possession.Today,8m is selling around 65 to 66 lac, for good location.5m in these blocks will be around 55 to 60 lac. At present, best time to pick up off ground plots as they highly underpriced and there are a great chance of thier development within 6 months as more New deals are coming near them.Especially,C and D . 5m and 8m off ground are good.

Salman replied on Friday, May 20, 2016 08:50 PM 

if some one analysis prices of Bahria Orchard with Bahria canal than it should be cleared that there is a more difference in prices especially for 8marla on ground plots.

The prediction of Awan sb is solid and it is true fact that now Orchard Sector is Main Bahria Town Lahore.

we will see more new developments and bautiful attractions in Orchard Sector in coming few months.

Dubai replied on Friday, May 20, 2016 09:04 PM 

I would tell you all only one sentence to conclude the story be completed.

Now, The time has begun for Bahria Town Orchard to fly high same like Bahria Canal was in the past and not only for residential plots but for commercial plots also. It will fly higher. Just look! INSHALLAH.

Javed replied on Friday, May 20, 2016 09:12 PM 

It would happen InshaAllah.
The location and progress will prove its worth. It is well planned nice located project. Bahria Head office has been shifted in Orchard. It shows Many new good things are coming there for investment.

Kureshi® replied on Saturday, May 21, 2016 05:34 AM 

Very insightful discussion. Thank you all and Awan sb in particular.
>