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10 Marla Brand New 4 bed room house in phase I - IV DHA Lahore,

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   Tahir
Saturday, September 5, 2009 09:11 PM 
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Assalam-o-Alaikum

I am looking for a new 10 Marla Four bedroom house in Phase I -IV . My budget is 80-85 lakhs. Amount can be paid in cash in Pak Rs ( In Pakistan ) or US $ ( In USA , UK , AUS etc ) Only serious and honest seller please mention your availability and contact details.

Allah Hafiz

Tahir
Habib replied on Sunday, September 6, 2009 05:46 AM 

I saw the DHA 1 to 4 in my last visit and saw about 20 Houses. My be this will be informative for you. You can get an old house in phase 1 as low as in 75 lac, renevated housed are available in 80 lac I saw one in phase 3 It was on wide road I liked it but there was graveyrd near. But i did not like most of DHA 1,2 as most houses are old and surrounding houses are also old too,
In DHA 4 there are beautiful houses as it is newer and roads are also 40 feet [Note that roads are 30 feet in phase 1]. But here prices are high like in AA Block you can gind a one 2 years old slightly used house in about 90 lac.
in GG and JJ which is closer to DHA 5 you may get in even 85. Tranfer of house is about 3 lac. And comession 1%, I would recommend that you focus in phase 4 your gudget is OK and 2,3 lac plus and minus you should get a good house DHA 1,2 are not recommended as houses are about 18 to 20 years old.
Farid-UAE replied on Sunday, September 6, 2009 09:45 AM 

Good points. Mr. Habib

I would like to mention Air Avenue as well. It has bene merged with DHA 8 ,,many houses have been constructed there and people are living in it , as compared to DHA villlas (also in phase 8) where hardly any one is living..


Populatino wise and more livable area wise, I think, phase 4 is better.. however, also visit Air avenue to have your own opinion.

Can anyone advise 10 marlas house rates in phase 5?
Arbaz replied on Sunday, September 6, 2009 11:44 AM 

Habib sahib, is this true that a 10 M house can be had in DHA 1-4 for 80 Lac. I never looked in DHA before building my own house in Bahria. Looking at the plot prices in DHA, a 10 M plot by itself is over 45-50 lac. So the constructed house must be worth equal to the balance of remaining 30 lac. I am quite surprised. Your post has been educative. Thanks!
Tahir replied on Sunday, September 6, 2009 01:47 PM 

Jazakallah Khair Habib Sahib. Thank you so much for such a great and valueable input. Its post of people like you keeping this site so papoluar. May Allah reward you for this.

Any Seller please let me know the availability of 10 Marla 4 bedroom house in Phase IV.

Allah Hafiz
Jameel replied on Sunday, September 6, 2009 03:20 PM 

Mr Habib Pls advise these prices are demands or your estimated best bargain prices.
AliLhr replied on Sunday, September 6, 2009 08:08 PM 

Dear Habib Sahab.(Asalm-O-Alakum)

I am a Regular reader for this site, I am really Very Impressed from you, because you always give us very Fruitful information about the Property, Kindly contact me on my E-Mail, If you have a Time. I want to Discusses some issues with you about Property related , if you Don’t Mind. May Allah Bless you and all Muslim Ummaa. AMIN.
Farid-UAE replied on Monday, September 7, 2009 05:16 AM 

In phase 4 , people are asking aorund 110- 125 Lac for a 10 marla house and then one has to negotiate.

I know for sure that a brand new house , constructed 3 months ago in Phase 3 , DHA , opposite to small park in V block , 10 MarlS WAS SOLD AT 100 LAC in Aug 09. The seller, a builder, was asking 120 lac, but he was not able to get any buyers, and was able to sell at only 100 lac.
Habib replied on Monday, September 7, 2009 06:57 AM 

@ Jameel these are best bargain prices, to give you idea how much you can offer in average House of course you can do some plus minus.
@ Farid I mostly saw old Houses or slightly used houses 100 Lac is possible in DHA 3 in Brand new house.
But I prefer slightly used house the reason is you know many defects, once house is used and you save 10 to 15 Lac too.
In phase 1,2 and 2 most of houses prices is depending upon the condition of house. there was ahouse in P Block single story and bad condition dealer told me one can get in plot price and he gave me idea that I may start negociations from 62 Lac. But I was not covinced.
The houses I liked most were in Phase 4 and mostly were slightly used like Brand new.
I also saw air avenue, a local dealer was calling me for some house in that society for 85 lac, and later in Last days of my visit he was said same house can be arranged in 80 Lac [see how price falls] But I had no time, i am not sure of Block.
Mostly Bulders are expecting 9,10 Lac profit in 10 merla House. You can bragin in that best way of calculating an average price of brand new House is Plot price plus 1100 Per square covered area. For old house like 3 years if A One condition you can calculate @ 700 and in 8 to 10 years house about 500. Houses which are single story with bad condition especially which are at level with ground or below are sold at Plot price only.
Farid-UAE replied on Monday, September 7, 2009 09:02 AM 

@ habib: what is ur view on Air avenue..is house @ 80- 85 lac is a good deal there, ,or one should look for 75 lac...Is it a good location

Pls note that most houses in Air avenue are new or at the most 1-2 years old..
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