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Lahore Real Estate Forum: Property News & Community Talk : ,

(53969)
Sunday, July 26, 2009 05:10 PM 

Dear Brothers,
Can anyone please tell me exactly how much will development charges be for plots in DHA Phase 9/10?

Jameel replied on Sunday, July 26, 2009 08:27 PM 

you are asking a question no one have answer, it all depends how soon ballot is announced
If it was in 2008 it would be 12 Lac
in 2009 it will be about 13 Lac
in 2010 it will be about 14 lac
and so on in 2015 it can be 20 Lac
I am sure the Figure will not be much different than above estimate.

Just a recap In 2002 DHA 6 had 6 lac and in 2005 DHA 7 was 9 Lac, In 2008 DHA 8, 10 Merla Plots 7 Lac

fourvoyagers replied on Monday, July 27, 2009 06:37 AM 

Assalam-O-Alaikkum,

The ballot estimates of 2012 or 2015 are a bit premature for Phase 9/10. However 2020, seems to be a safe bit and by that time, even if the development charges are as high as 4 million, still it won't be a bad deal after adjusting the inflation prevailing at that time. The upside of Phase 9/10 is its extremely good location compared to all the other DHA Phases and downside being the decade long waiting period for a nation, who has built up a rather strange habit of being rich overnight!!!

Jameel replied on Monday, July 27, 2009 04:09 PM 

You are right fourvoygers that in 2029 one will pay as per Inflation of that time. But question is if you have money now, How can you make sure you will have 16X[4x4] money in 20 yeas. Here we having finite life span, overseas people have certain job conditions they are earning now a days who know what will happen in 20 years.
I think people are Right DHA 9,10 is 1 and 1/2 generation away
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