Lahore Real Estate Forum

                                                          
 
Back to Forum |

Timeline On Phase 9 Prism,

(116786)
Friday, July 12, 2019 01:02 PM 

Can LRE or somebody else shed a light on new timeline for phase 9 prism. There is not much difference in new Google Earth Update. Still many many, and I mean many roads are broken due to small plot/pailey occupied by owners. What is going to heppen to these small pockets.

MHA replied on Saturday, July 13, 2019 01:09 AM 

most likely end of 2020 possesion expected for upper blocks/ APQCD with some pockets in there still left
ZONE 1 commercial also end of 2020 or early 2021

Mrs. Khalid replied on Saturday, July 13, 2019 07:34 AM 

what about Prism R block possession?

Habib replied on Monday, July 15, 2019 03:42 AM 

I don't think it will be Like Blocks as Upper Cutting, It will be based on Size and Number of Pockets, So people may start getting Possessions here and there, with New Announcement every few Months, Army update People have paid only 20% of due Charges ie only 3 to 4 out of 19 , so it will take more time. First batch possibly be ready by end of 2021 in other words 6 years after ballot.
Time Line will be same as of other Phases, I remember for Phase 6,7,8
Phase 6 Ballot in 2003 and First Batch Hand over in 2008 development charges 6 lac
In phase 7 which was essentially Phase 6 Ext and its file was also Sold similar way Ballot 2006 First hand over 2014 development charges 9 lac
In DHA phase 8 Ballot 2010 and hand over started in 2017 Development charges 10 lac
In DHA Phase 9 Ballot 2015 possibly First batch delivery 2021 to 22 development charge 19 lac
However Pockets can severely Compromise the Ballot and hand over Like phase 5 Ext now M Block, The Ballot was delayed for 13 years and later developed with lots of interrupted land

user97609 replied on Tuesday, July 16, 2019 05:25 AM 

What happens if someones plot comes in a small pocket, I understand pocession is delayed but does dha offer alternate plot if posession no given for that pocket but adjacent land is given posession.

JUJ replied on Wednesday, July 24, 2019 09:44 AM 

user97609, this is a million dollar question. I do not think even DHA has a strategy right now.
>