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Market Alert: DHA 8 Ballot Announcement in newspapers in next 2 days. Map is now ready for DHA 8 proper.
Price have jumped 1 lacs from 36.25 lacs at 4.50 pm to 37.25 lacs at 6.45 pm.
This info is from highly reliable sources but I still request you to confirm this info from your own sources and please dont buy sell any DHA 8 files just based on the info above I provioded you. Its not 100% until we see this info in newspapers. Its your money and you must do lot of research on your own before buying and selling.
Only Allah knows if ballot will be good or bad for current file holders so in theory this info above cant help or hurt any one.Just trying to tell you what is going on in market.
Ch Mujahid Yasin
03224009967
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Allah rekha replied on Thursday, March 4, 2010 01:21 PM
respected cmy sahib park view 10 marla files will also include in this ballot? |
CMY replied on Thursday, March 4, 2010 04:07 PM
@Li you are 100% correct. |
saeedusa replied on Thursday, March 4, 2010 04:27 PM
Warren Buffet considered to be the smartest man and he never lost money on his investment but recent crash in USA, he even lost 40 billion dollar. |
onlooker replied on Thursday, March 4, 2010 04:53 PM
Just by looking at price movements, one can foresee something happening in Phase 8 and nothing happening for both 1 Kanal and 10Marla Parkview files. Otherwise PV file prices would have shown some movement. |
Farhan replied on Thursday, March 4, 2010 05:59 PM
Dear CMY,
What impact will it have onPhase 8 ( air avenue) prices.
Farhan |
CMY replied on Thursday, March 4, 2010 06:36 PM
Air avenue and Park view prices have suffered 10 lacs loss in just past few weeks due to not getting a direct access from ring road and now having a very poor access from service road of ring road. The current access takes too long for any one to reach to Park view and Air avenue and it turning off new buyers interest in Park view and Air avenue.
Also DHA have stopped transfers of Air avenue in DHA office all transfers held by Urban developer only and DHA is not issuing site plans either for air avenue plot so people are not easy with buying any plots in Air Avenue and Park view any more. There is some panic selling seen from urban developers in air avenue these days. Many people were thinking Park view and Air avenue price of 1 kanal was too high 60 to 95 lacs in recent past (now down to 55 to 75) and people think thousands of new plots in better far better location in DHA 8 proper blocks away from very large villages like Malikpur will hurt the price of Park view and Air Avenue (Air avenue and Park view have few large villages in the view of all its plots. after you spend 2 crore on plot and house building you don't like to have view of villages all day and hear load speaker all day). These reasons have already caused some damage and may cause more damage to Air avenue and Park view plots prices in coming days at least for near future for now.
Please note a point here that DHA 6 all blocks and DHA 7 upper blocks may see gains from ballot of DHA 8 proper with new plots in DHA 8 because empty land in front of DHA 6 and between DHA 6 and Airport will get started to get developed soon. Since plot prices in DHA 6 developed plots are now very low only at 40 to 65 lacs DHA 6 price could not get hurt any more because they will be lower than undeveloped DHA 8 proper plots price or may be even with DHA 8 proper undeveloped plots. Once DHA 8 proper is developed it will be price higher than DHA 6 and DHA 5. One more factor here since empty land is too expensive and hard to find in DHA 8 and DHA may have to accommodate some houses projects and very large number of large commercial plots in DHA 8 proper there may not be enough land for parks for DHA 8 proper. May be it will have fewer or smaller parks. So for living point of view DHA 6 will be king for long time to come. Better than DHA 5 or DHA 8 proper. But value wise DHA 8 price may be much higher when developed and ready to live.
After DHA 8 proper ballot a bad location undeveloped plot in DHA 8 will go for 35 to 40 lacs and a great location corner or facing park or large road undeveloped plot will sell around 58 to 65 lacs with development charges included in this price t. This is my personal calculation based on past history of plots after the ballot. I will be able to guess it more easily once I know how many NEW applications are called in for DHA 8 for new allotments in military quota or perhaps for GENERAL public.
Ch Mujahid Yasin ( CMY )
03224009967 |
Jameel replied on Thursday, March 4, 2010 07:05 PM
Thanks CMY for Update
Regardsing "Also DHA have stoped transfers of Air avenue in its office and not issuing site plan"
what is reason for it is these two societies no more part of DHA? |
Sofia Rehman replied on Tuesday, March 16, 2010 08:56 AM
Dear CMY,
In my opinion Block M of Phase 6 getting favorite among investors considering approach to golf club, What is your views.
I wanna invest upto 5 m, please advise |
