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Phase 9 - 10 Marla File Vs Plot,

(103252)
   Adnan Shaukat
Thursday, June 23, 2016 09:55 AM 
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Dear Experts (CMY Sir, Jameel Sb and other experts)

I have a target to built a house in Prism (10 marla) not before 2022. but currently i have a budget of 5.5 million only and not willing to buy bad location plot (even these are out of range) and would not be able to pay development charges until next 1-2 years.

can i ask about growth rate in 10 marla file vs 10 marla plot in average/good location. will there be growth in both commodities at equal rate so after some time (2 years after) I can sale my 10 marla file and add some funds to get plot in Prism or can take risk of file to be ballotted.

What is strategy of DHA to adjust new files of existing phases. Either they adjust in existing blocks new cuttings or in new Blocks/extensions.

And last question what is expected date of next balloting of Phase 9 files?

Thanks
Jameel MughalŪ replied on Thursday, June 23, 2016 12:31 PM 

Dear Adnan sahib Current Market situation is extraordinary situation and will not continue for long time. When you plan to make house you should not only plan for sunny days but also rainy days, Last 3,4 Months which market is seeing are seen only once while in many years.
Coming to your question if you buy the File in Ext 9 and it Continue gaining then it is good but few risk are there
In Slump it will lose at least 2X price of Mapped plots ie Plot Loses 10 it will lose 20.
Second thing in timeline you cant be sure when Ballot will Come if unexpectedly delayed then also it will lose. Phase 9 Ballot was done after 12 ys waiting period, DHA phase 5Ext Ballot was done after 12 yeras, DHA ciy ballot still not done after 10 years, Phase 6,7 holders had to wait 3,4 years and DHA phase 8 File holders waited 6 years, So if it Balloted is done 2022 It is will be average situation.
DAH Phase 9 Files will not get good Locations and will be located very close to villages.

the options for you are These
1 Try some below average but no so bad Location 10M in Phase 9 but get ready to pay development Charges,
Get Top Location Plot in J upper cutting like 2nd 3rd Line from Top and Preferably Corner in 44 and pay 9 Lac Charges. it should give you about 20 Lac return inshallah once roads will take some shape.
Buy 5 merla ready Plot in DHA town in 2 years it can reach 70 and will give you good gain.
Last 2 Options are better and more sure.
Jameel MughalŪ replied on Thursday, June 23, 2016 08:26 PM 

Adnan I tried To answer, If you carefully see the Current map new areas will be pockets near Villages 70%, and remaining area commented as DHA reserve area etc so you can calculate you odds 2 in three chance of bad location.
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