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DHA Phase 9 prism Updates,

(119762)
Wednesday, October 7, 2020 11:37 AM 

Please share market trend for DHA Phase 9 prism. Is it worth to buy plots under 2 crore?
Prism location and development update?

Market Condition replied on Wednesday, October 7, 2020 11:47 AM 

Real estate market is under pressure due to recently issued SRO from FBR to regulate property transactions to fulfill the requirements of FATF. Therefore, no further growth in rates in near future, instead correction in prices is occurring

Rana replied on Wednesday, October 7, 2020 01:05 PM 

There is no any pressure for FATF bill or there is no any tough law from government regarding Real Estate sector.Infact government is supporting real estate and construction sector. Government has reduced taxes and providing other facilities to construction sector. Market was slow only because of Plots offered by DHA on installment and the deadline to apply is closed now.
Phase 9 prism market will start picking up again within this month. Good location plots will grow more. Excellent plot under 200 lacs is highly recommended to buy now for short and long term investment.

Rizwan replied on Wednesday, October 7, 2020 05:08 PM 

I agree with Rana sb.

Property follower replied on Thursday, October 8, 2020 05:17 AM 

Government is under pressure and asking for money trail for more than 10 million transaction. Market Condition is true.

Ali replied on Thursday, October 8, 2020 05:18 AM 

Well said Rana Sahib, Market was slow due to installment offered by DHA and the Month of Muharram
InshaAllah now the market will take good flight

+ replied on Thursday, October 8, 2020 06:03 AM 

Market will further go down due to FATF regulations...if the market was increasing genuinely why only DHA..it was due to the black money coming in to the real estate sector and the relaxation will be over in December.

replied on Thursday, October 8, 2020 06:03 AM 

Market will further go down due to FATF regulations...if the market was increasing genuinely why only DHA..it was due to the black money coming in to the real estate sector and the relaxation will be over in December.

ZA Rana KSA replied on Thursday, October 8, 2020 10:22 AM 

The prices is going down slowly because most of the dealers stuck in Banas and trying to find the genuine buyers.....except the bians certain number of plots in Prism as well as in Phase 7 are marked as stay order due to refusal of transfer by the settler due to sudden jump in prices.
In my opinion the Prism average good plot should not be more than 120-130 and category plot around 150-165 not more than this. At this level of prism takes at least 5 years to reach at current population of phase 7. I agreed the location of phase 7 is not good as Prim but there is a construction.
For example, You can see phase 8 prices are stuck since 3-5 years almost with same rates. Due to high prices of plots there is no construction there.
It is good for the investors as well as end user if the prices will stable and increased on logical bases otherwise the Prism will stuck like Phase 8 and you will not see any construction there.
The area of Prims is very huge, we suppose if DHA will hand over the possession for A,P,Q R blocks in December-2020 as creates hype of some dealers personally I am not optimistic. Considering the current work speed and laying the electrification cable the DHA will reach not ready for possession before December 2021.
This is just dealers GAME and Hype.
Due to the current PTI Govt economic performance the prices will increase of property not more than 5-10% up to 2021.
See the prices of phase 10 file suddenly reach from 40 to 60lac now back to 52 in 2 weeks, in coming days it will stable under 45-50. Who fool will invest in DHA phase 10 because the history shows DHA at least took 15-20 years to develop the phase.
I have a plot in prism on 150” Road, I bought it 124 lac in Jan-2020- All paid , in June the dealer approach me and offering 107 and suddenly the price increased he offer me 125 then after week he again offer me 155 and on peek offer me 185 and now he offer me 160-165. See the dealers GAME

ZA Rana KSA replied on Thursday, October 8, 2020 10:23 AM 

The Prism prices is going down slowly because most of the dealers stuck in Banas and trying to find the genuine buyers.....except the bians certain number of plots in Prism as well as in Phase 7 are marked as stay order due to refusal of transfer by the settler due to sudden jump in prices.
In my opinion the Prism average good plot should not be more than 120-130 and category plot around 150-165 not more than this. At this level of prism takes at least 5 years to reach at current population of phase 7. I agreed the location of phase 7 is not good as Prim but there is a construction...............Continue

ZARanaKSA replied on Thursday, October 8, 2020 10:23 AM 

The Prism prices is going down slowly because most of the dealers stuck in Banas and trying to find the genuine buyers.....except the bians certain number of plots in Prism as well as in Phase 7 are marked as stay order due to refusal of transfer by the settler due to sudden jump in prices.
In my opinion the Prism average good plot should not be more than 120-130 and category plot around 150-165 not more than this. At this level of prism takes at least 5 years to reach at current population of phase 7. I agreed the location of phase 7 is not good as Prim but there is a construction...............Continue

Salman replied on Friday, October 9, 2020 06:17 AM 

It Seems, ZA Rana KSa desperately want to buy plots in DHA phase 9 prism.That is why he wants to discourage this beautyful high return investment..DHA phase 8 was around 275 lacs one year beefore possession for good location plots..Same is the case with 9 prism, it has alot of potential to grow.This is best time to buy.

Prism Prism Prism replied on Friday, October 9, 2020 07:12 AM 

By September,2021..........within less than a year
The prism prices would be 3.5 crore plus.
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