Lahore Real Estate Forum

Start NEW Topic Or Post Advertisment

                                                          
 
Back to Forum |

My previous posts from 2016 DHA lahore,

(110457)
   ShahzadQamarŽ
Tuesday, August 8, 2017 09:10 AM 
Reply: >
DHA Lahore Phase 8:
Mid 2016: Phase 8 is best to start construction in two years time, or second option is phase 7
Mar-2016: Somebody said that phase 8 W block 1K would be 400+ in 4 years . My reply: esidential at 400 + that too in 4 years time - that is highly highly and again highly optimistic approach. That is not going to happen at least till 2025.
Today W block is standing at 250-260.

DHA Prism:
H1-2016: I dont think Prism is over priced yet with good locations 90 to 95. If these good locations move to 150+ in a year time that will be over pricing and should be sold immediately, or as of today if these reach 125+ that is over pricing. I am talking about good locations not best ones including development charges

Mar-2016: ups and downs are part of business so prism shall also face ups and downs but there shall not be any slump as such. A real worth 75 lac plot today excluding development charges will be 160 to 170 including development charges till Q1-2019 & 210 to 220 till Q1-2021.
A real worth 1 crore plot today excluding development charges will be ~200 to 210 till Q1-2019 & 275 to 285 till Q1-2021 including development charges. These are analytical calculations considering market & development goes fine and nothing bad happens.
Mirza Nabeel replied on Tuesday, August 8, 2017 11:59 AM 

Thank for sharing factual information. May be should share statistical calculations in simple form. Someone on this forum may improve the formula or assumptions taken.
ali replied on Wednesday, August 9, 2017 03:49 AM 

shahzad qamar what is your take on cha phase 8 block Z ivy green? in the couple years?Thank you.
ShahzadQamarŽ replied on Wednesday, August 9, 2017 03:54 AM 

if you want to invest better go for prism instead of Ivy green. If you already have investment in Z, stick to it. Z in Ok to hold (better dont switch)
ShahzadQamarŽ replied on Wednesday, August 9, 2017 04:00 AM 

Mirza saab, there is no thumb rule. Market condition, history, buying power, location, quality, development pace, inflation, stocks, interest rates, economical situation etc. etc. all play role in forecasting. Each project has its own uniqueness for calcs.
Investor_007 replied on Wednesday, August 9, 2017 04:06 AM 

DHA PRISM:

Instead of buying a decent location plot in 130 (including transfers etc + pending development charges), I would rather buy 1K DHA Multan + 1K DHA Peshawar (around 1 crore, and keep 30-35 lakhs for DCs, or even invest 30-35 lakhs somewhere else)

Since Prism is a long term gain now, in 5 years time 1K DHA Multan + 1K Peshawar will definitely be more than 1K Prism.
ShahzadQamarŽ replied on Wednesday, August 9, 2017 08:18 AM 

Investor_007 it can not be said with confidence if what you said will actually work. Dha Mul+pw and Prism, both are lucrative in 5 years time and it is quite possible that both will gain equally. So selling prism and moving to Mul+pwr is not a good move if you have very good location decent plot already in prism. At selling prism on 130, you will be left with say 125 after taxes, commision etc. With 125 you buy 2.45 multan files, considering additional buying charges there. After 5 years those 2.45 files will be worth at maximum 250-270 (without development charges) while prism same plot would be at 260/280 minus 10lac yet to be paid in development = 250-270. Further in Mul you still have to keep development charges of ~ 49 reserved for those 2.45 files.
>