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DHA Phase 7 or 8,

(112349)
Tuesday, December 19, 2017 04:30 AM 

Hi, again posting the same question, can LRE experts please advise if I should buy a one kanal plot in Phase 7 or 10 marla in phase 8, budget can be around 10 million or slightly higher if needed, can hold property for long time, meant for long term investment.

thank you in advance.

Asad LREŽ replied on Tuesday, December 19, 2017 04:45 AM 

dear sir
i suggest to invest in dha under development areas instead of developed areas because undeveloped plot will keep appreciating on each and every step towards possession
moreover developed areas have gained considerably already, not to expect high gains comparatively
no doubt ph7 n ph8 will give good return but not as high as undeveloped dha files in LONG term

regards
Asad

Adnan replied on Tuesday, December 19, 2017 10:57 AM 

Dear Asad

Thank you for your reply, although it is not clear which areas you are referring to. I bought a prism plot in J block on the convincing of LRE earlier in the year, i have already lost 15% on the value of the plot, which is very frustrating. Therefore, I would not want to hear anything about prism, I have had enough of prism already with one purchase, it is over rated to the extreme, and will probably take at least 5 years to recover what I have already lost on my investment. I think the message that I get is to buy phase 7 without possession, possibly one kanal in lower cuttings. Please advise what we have available in better locations and what the budget is. thank you

Helpful Advisor replied on Tuesday, December 19, 2017 02:12 PM 

Adnan Sb, I think you don't need any advice. On one hand you ask for advice and then if the results don't go according to your wish you complain. Best is to do your own research and rely on your own effort.

Prism remains a future jewel in DHA Lahore for some time to come.
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