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Few suggestions to help DHA Lahore property market.,

(49897)
Thursday, January 1, 2009 12:41 PM 

I know this page is read by many people that work in DHA Lahore. I on behalf of thousands of people that are invested in DHA Lahore request DHA Lahore admin to do some thing positive now to help the Lahore property market and the holders of DHA Lahore properties. I have many suggestions but for these 3 options some one in DHA Lahore should take a closer look at them.

I request DHA Lahore admin to please do a ballot of DHA phase 8 Park view files ASAP. The ballot of all Park view files cant hurt DHA 7 plot holders and DHA 8 proper holders due to very small numbers of file being turned into plots after ballot. It will only help to make DHA 8 files price more stronger because Park view files are few hundred and their plots will sell at much higher price than current file prices of DHA Park view and DHA 8 proper files.


I request DHA Lahore to do ballot DHA Lahore phase 5 extension ASAP. After ballot this block M of DHA 5 could be developed in just 2-3 months time due to smaller size and could handed over to holders in just few months time due to its very small size. Again extra new plots in this small phase 5 ext could not hurt DHA 5 or DHA 6 plots prices. They will only help current holders of DHA 8 files and DHA 6 7 plot holders.


Make just one school, one Park and one Mosque in DHA Lahore current possession blocks. If now now after one or two years DHA will have t make them any way in DHA 6. Why not now. If they are made now It will encourage more home building in DHA Lahore phase 6 and in turn its price will improve with more demand. Not every person have one crore to buy a plot in DHA phase 5 normal plot. More people will buy DHA 6 plots in 50 to 65 lacs to start new houses. Higher prices in DHA 6 will be good news for DHA plots and DHA 8 files.

Jameel replied on Thursday, January 1, 2009 01:08 PM 

I agree with you 100% that DHA should do ballot now for DHA 8 and DHA 5 ext It will rather imprve over all moral of Market. But I dont agree that DHA is postponning the ballot of DHA 8 to safe guard against price fall of DHA 7 Plots which are already on earth. I suspect some other hurdle is involved.
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Saeed replied on Thursday, January 1, 2009 01:09 PM 

Dear CMY

Could you explain where DHA 5 exension files will be located compared to DHA 5 file allocation. From looking at the map I can not see where the M block will be in phase 5 could you also clarify this. Are there rumours of when the files will be balloted or not.

Also I take your views on the markets seriously but I beleive there is alot of scare moungering going on as these new blasts in India have already been blamed on a group which is Indian based and has nothing to do with Pakistan.

People are putting on these exagerated stories to lower prices and hurt an already weak market. The market is sure to recover as it an elite area but for owners who get panic will incur large losses and will regret to sell there plots or files at a loss latter.

People need to calm down you do not have plots in a fake or disreputable society it is one of the best and most well known, and this blip will soon be over. It is not only DHA which is suffering it is the worlds realestate markets. This is an ideal time for buyers and invstors to scare owners and make them believe that there is no future and to sell at loss.

I advice people to think sensibly and do not use hasty decisions as many brothers have worked very hared for earnings and do not throw your earnings away.

MAy Allah help us all.
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