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

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   Asif Ali
Saturday, April 29, 2017 11:27 AM 
Reply: >
Dear LRE Team
I want to build house on 1 kanal Dha Lahore with allocated budget of 15 million for land I will try to visit before eid
What are the options available in 15 million
Shoaib Hafeez replied on Saturday, April 29, 2017 08:21 PM 

In my opinion work on dha phase 7. Some where 200 house already built there and tentatively 250 house under construction. Very good infrastructure. It is silently building up and price may rise soon. It is part of phase 6 in my eye view close to Lahore ring road .liver kidneys center. Foreign universities. Hospital. Commercial areas. Attached with barki and bedian road. Phase 6 is now quite filled up and next is the turn of phase 7 and the best thing is it is in your budget.
Lets see what @ Chaudhry Muhammad yasin CMY advice or the representative from @ LRE Team says. I am too wondering and waiting for their reply
Asad LREŽ replied on Sunday, April 30, 2017 09:59 AM 

first of all, thanks Shoaib Hafeez sb for your valuable and helpful input

@Asif Ali sb good if you can wait Prism possession, you can buy a very good location plot in upper blocks, otherwise ph7 can be an option

regards
Asad
Asif Ali replied on Sunday, April 30, 2017 11:22 AM 

Dear Mr Shoaib Hafeez and Mr Asad LRE

@ Mr Shoaib Hafeez I highly appreciate your opinion in fact valuable opinion with very detail illustration that seems I have two options that phase 7 rite now and prism in later terms.

@ Asad LRE
Thank you for your reply it seems you endorsing the opinion of Mr Shoaib Hafeez. Taking into account the factor of inflation in Pakistan and increasing construction cost by 15 to 20 percent per year I rather say do it now than latter. Well how much wait is required for prism possession and can a good location be bought in 15 million in dha phase 7 ?
Asad LREŽ replied on Sunday, April 30, 2017 02:29 PM 

sir with little effort dha7 good plot can be hunted, ph7 good location prices may slide up
for Prism, please explore this page, CMY recently shared latest situation
in Prism prices are within good range and you can buy very good location in 125-135 lacs

but after 3 years ( possession) Prism will surpass Phase 7


please call/whatsApp for quick response :)

Asad
Shahid1 replied on Sunday, April 30, 2017 05:26 PM 

Some information if you want to build a house.

1. Best place to build a house is Phase 6 now.
2. Only place where you can build a house in phase 7 and start living now is S block and Upper T block. May be in couple years W and Upper U block become livable. Good thing about phase 7 is that plots are mostly leveled.
3. Phase 8 will never be populated. Plots are very deep and in some cases reaching upto 30 feet.
4. Prism will take minimum 15-20 years to become livable based on previous DHA history. In prism, you buy something for your next generation. There are mostly investors in prism as of now.

Also there is a very large supply of plots, may be enough for next 25 years. You stand in any new phase, you see blocks and blocks of emplty plots.
KureshiŽ replied on Sunday, April 30, 2017 07:53 PM 

phase 8 will be the hottest block for building houses...definitly better than phase 7.

Prism should be liveable in next 5 years ; not 15 years....
Shahid1 replied on Sunday, April 30, 2017 08:53 PM 

Areas of phase 8 which are not deep will be populated. Otherwise tell me how to build a house in 20, 30 feet deep pit and cost about it.

Prism is larger in size compared to combined size of phase 6,7,8. These phases started around 15 years ago and still being built. As of now DHA is building the first community center in phase 6. Just one school in DHA 6. Please explain that how the prism will be livable in 5 years.
Visitor replied on Monday, May 1, 2017 06:19 AM 

Mr. Shahid 1,

There are no deep pits in phase 8 like 20 to 30 feet deep. there are deep pits but DHA designed there commercial areas. and where there are deep deep pits its as large park of 148 kanal under development which the DHA is refilling and it will take some time to be ready.
i agree that there are some plots deep but not that deep the construction is impossible. these are very few plots and can be constructed with basement.
phase 8 will be the phase where once construction activity started then it will be filled up in days infact it will be more populated than phase 6 in very little time period. and it will be the first phase where the 1 kanal plot touch 4 crore barrier as per the property gurus.
Javaid replied on Monday, May 1, 2017 06:41 AM 

Hi prism is one of the largest phase and it will take 5 to 7 years or may be more for possession.
Dha phase 6 is very good for living now and after couple of years phase 7 will be quite populated just like phase 6 and will be considered a part of phase 6.
Dha phase 8 some plots are deep but even though we will soon see construction activity and it will be populated before prism.
Thats my view.
What really gonna happen God knows.
Asif Ali replied on Monday, May 1, 2017 02:15 PM 

Dear All
Thank you everyone for your valuable input and suggestions I must say very cooperative people and the forum is very helpful in practical. @ LRE Team the credit goes to you.

@ Asad I will try to get in touch with you by Eid. Keep an eye over a good location 1 K dha phase 7.
Thank you once again
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