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DHA Islamabad Phase 2 Ext Question,

(49000)
Saturday, November 1, 2008 05:45 AM 

Advise needed from Mr. Atiq Raja or any other DHAI experts...

Recent prices for DHAI 2 Ext files are below.

1) Which is best option to invest...cheaper or more expensive blocks?

2) Why the price difference? Are A, B, C, D much better location? How can you tell if there is no map yet?

3) Is it good time to invest or can it go lower in next couple of months?


A B C D block file cost about 17.00 To 19 lacs
E F G H block file cost about 14 To 16 lacs
J H K block file cost about 12 To 14.50 lacs
P Q R S T block file cost about 9.15 TO 10 lacs

Thank you for your advise.

Jameel replied on Saturday, November 1, 2008 11:08 AM 

I am not expert of Islamabad, but take into account approximate locatin of Blocks, If I have to Buy I would not buy in cheapest Block reason in The difference between 17 and 10 is 7 lac, looks a lot
But differnce in 29 and 22 does not look too much, Dont forget, that there are hidden development Charges so far people are thinking these are 9 Lac [not 6 Lac] but i am sure in 5 ys time when you will get plot you might have paid 12 lac or more. That area is very difficult to level and and supply water, its development is much difficult than Phase 7 and 9,10 Of lahore. Two ys back DHA lahore asked for 9 lac development charges ever since things have been about 35% expensive.
Same argument can given about 9,10 Files vs DHA 7 Plots, Now DHA 9,10 File is quite low, otherwise after development charges their difference would be only little.

ZERO replied on Saturday, November 1, 2008 05:14 PM 

it is good but file will go down to 8 lakh or less,and u may wait for 15 years for development,but investment is good for very long trem

shahai replied on Saturday, November 1, 2008 07:43 PM 

Jameel and ZERO thank you for your feedback.

Jameel, a quick follow-up...

You are recommending not to buy the cheapest location/file whereas CMY is recommending to buy the cheapest option (i.e. 9 lacs)?

I am a little confused...Please educate me:)

If there is no map yet...how can we determine if blocks A, B, C, D are better option?



thanks.

xyz3 replied on Saturday, November 1, 2008 07:45 PM 

Where there is no map of DHA Phase-2 Ext is available and balotting did not take place, then who fixed the prices of above-mentioned sectors and made categories.

shahai replied on Sunday, November 2, 2008 12:32 AM 

xyz3 I got this price list from POST # 40720 posted by CMY.

Not sure where these prices come from or if they are accurate?

if everything about DHA Phase-2 Ext is unknown, just virtual, how can you have price variations?
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