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Which is better investment? DHA Phase 6, 7 or 8?,

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   Muhammad Saad
Monday, February 7, 2011 10:34 AM 
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Dear CMY,

I have gone through the very useful information that you have provided on this forum regarding all the major societies for both living and investment.

I understand that whatever you have written is based on facts and it is true however I failed to draw a conclusion that which one of the three phases of DHA is a better investment? I am talking about Phase 6,7 and 8. Please tell me which phase is a better investment. You praised development and master planning of phase 6 but you forget to mention the expected gains in this phase and whether it would return a good amount of money in 2~3 years or not. You have mentioned that some blocks of phase 7 are ready for possession but you do not mention that how good are they for investment. You mentioned that S block of Phase 8 is better investment than phase 7 so does this mean that it is better investment than R block of Phase 7? I have a budget of around 75 lacs to invest so please guide me that what is the best option I have for investment purpose in DHA.

Thanks and looking forward for your response.
Habib replied on Monday, February 7, 2011 11:57 AM 

For Growth of investment Phase 7 is best if you intend to hold for 3 to 5 years
Jameel replied on Monday, February 7, 2011 08:10 PM 

All tose area which are developed and eople start making homes the prices grow, This is not very difficult sicience, I remember 5 ys Back people were very Critcal About phase 5 Location, Now same is hot favorite, You have seen prices of DHA 6 soring to about 35% High in just 2 ys time after possession and start of Construction.
Same will happen in DHA 7 and DHA 8,
In DHA 8 no developmental started yet, People are just waiting how DHA will be able to develop the area as 1/3 of Total area have very deep pits. If you Plot in DHA 8 level area still there is concern that DHA may not make development very Late, Due to this Concern prices are low at this time.
If You want surest thing Go for DHA 7 and Phase 6. Phase 6 Though rices have increased but still there is some potential in certain Blocks.
If You can take Risk [mainly in time frame] then DHA 8 is also good and have good Potential of doubling soo after developed and possession available. If You ask the question in how much time DHA will be able to devlop that. Then see that area physically no comments on that.
Muhammad Saad replied on Wednesday, February 9, 2011 09:26 AM 

Thanks a lot Jameel for a comprehensive answer. Considering the CMY's advice that Phase 8 prices would fall in near future, Risk in development time frame of Phase 8, I think I should rather go for Phase 7 however I do not like the location of Phase 7 as such. It is too close to BRB Link Canal and border. I know that I am not going to live there rather I am just buying it for investment but the same thing can restrain the price of Phase 7 plots to go up. Isn't it?

However I do agree with your simple science that where people start making their houses always go up. Which block in Phase 7 you would recommend?
Muhammad Saad replied on Wednesday, February 9, 2011 09:32 AM 

Thanks Habib for your help. Which block you would suggest in Phase 7. People are saying that R Block is the best block in Phase 7 but its price is already much higher as compared to other blocks of Phase 7. Do you think that buying a plot now in R block still makes sense and high price of R block would go further high? I do not believe that it would go up as much as surround blocks of phase 6. Any idea about the price of those blocks in Phase 6 (M,N,L,K) which are close to R block?
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