Rana NSW replied on Sunday, January 28, 2018 01:04 PM
If you have a plot in any other block than A, B and C , hold it till the complete master plan is revealed , hopefully in 1 to 2 months.
If you have a plot in A, B and C and is not a premium location plot , i will suggest that you sell it now and add a few lacs and buy a better plot.
If you have a plot in A, B and C and is a premium or at a good location than hold it and wait for at least 6 months, better is to hold for an year though. The reason for this approach is that in 6 months to one year when the local people will see the development, genuine demand will come into play.
If you still want to hold it further, i will suggest that best is to take an exit a few months before possession. Do not wait for possession because if you do than you will have to wait for the next investment cycle which is likely to begin after 3 to 5 years.
If you are a long term investor than you can have two strategies, either wait for 4 to 5 years and take an exit or wait for 10 years and exit when fully matured.
Expected prices of DHA Peshawar with timeline are as under and we will only talk about plots in A, B and C block
1 to 1.5 years 90 to 120 Lacs
3 to 5 years 150 to 200 Lacs
8 to 10 years 350 to 450 Lacs
If you look at the above timelines, during the 1 to 1.5 years timeline and 3 to 5 years timeline you have to pay partial development charges and complete development charges respectively. If we consider an average plot price of 60 lacs today than you will have to add 22 lacs approximately as capital so your total investment will also increase to 80 to 82.5 Lacs.
So what you should do is up to you but if you really want to make money than best is to sell it out before 1 year when price reaches your target and invest some where else. You can best utilize your money by making use of the timeline and reinvest when you see the next cycle of uptrend setting in. Meanwhile we can find you some other place where you can earn some profits and return to DHA Peshawar in 3 years to enjoy the second uptrend and so on. |
