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Advise for DHA-6 & DHA-8 (proper),

(65284)
Monday, May 23, 2011 06:09 AM 

I am a salaried person and do not have experience of real estate market that makes me a perfect prey to fall in the trap of any shrewd property dealer.

I plan to construct my house from my retirement funds after 2 years. Presently, my hard earned life saving is around Rs.49-50 lacs. I did research Wapda/NFC/ Valencia ….etc and decided to go for DHA only.

Now, I am in dilemma, whether to buy a plot in DHA-8 (proper) or Phase-6. I am considering DHA-8 due to its mode of payment in installments but don’t know much about the complexities, development/possession time and the ins & outs of DHA-8.

In view of the above, kindly advise whether I should go for proper Phase-8 or Phase -6.

(PS : I am sorry for my less knowledge but its crucial for those who have to put their savings of entire life at stake.)

Regards

Aslam replied on Monday, May 23, 2011 07:12 AM 

DHA Lahore phase 6 is a Jewel of DHA Lahore today and after 1 to 2 years not only it will be priced at highest level or at least at equel footing of DHA Lahore phase 5 it will be the best choice of every new house builder as DHA Lahore phase 6 have best town planning. Have largest and most parks. Have largest commercial areas. Have most leveled land. Have largest golf course in Pakistan. Have best most modern school in Pakistan. Have largest DHA public school. Other phases will never match the infrastructure size and look of DHA phase 6. What DHA have done in DHA 6 is never going to be done in other new phases of DHA Lahore.

DHA Lahore have become smarter and want to make more money in future phases. DHA Lahore is going to make more 5 to 8 marla plots than 1 or 2 kanal plots. As the people with low budget pay installments more easily on timely bases and generate more transfers revenue etc for DHA Lahore daily running budget. For example DHA 8 one kanal plot was sold at 55 lacs. Same one kanal peice of land was sold in 5 marla plots at 19.50 lacs each. DHA got nearly 80 lacs for same one kanal land when they sold 5 marla plot. Now people with 55 lacs are having hard time to pay 4.5 lacs installments every 3 month. But people that hold 5 marla plots are making all installments on time at 1.5 lacs every 3 months. So future DHA Lahore phases will not have large plots or parks or schools and other major facilities like golf course stadiam etc they have in DHA 6 today.

For budget of 75 to 85 lacs you should go for DHA 6 B H J block. For budget of less than that you should buy plot in C D G and than L and M . On last you should go for F G and N block

Tahir replied on Monday, May 23, 2011 08:31 AM 

Thanks & info about Phase-8 ?

Qaiser replied on Monday, May 23, 2011 09:06 AM 

Aslam Sb,

This is plagiarism, CMY provided this information a few days ago.

SI replied on Monday, May 23, 2011 09:57 AM 

Dear Tahir
DHA-8 proper will not be ready in two years so you may think about DHA-6 or Suigas-1

Amjad replied on Monday, May 23, 2011 04:22 PM 

Brother Tahir aoa,


All facilities offered in Phase 6 are in the accessibility of the whole DHA, and available on 3 to 5 minutes drive from DHA - 8, please calculate your time in terms of your priorities ( for instance spending time in golf course, commercial area, parks bla bla, and in other your daily routine activities, plan accordingly, I would say see your own conveniences and save money

Tahir replied on Tuesday, May 24, 2011 03:13 AM 

If anybody could please explain the total price of a DHA plot.

Price = Cost of plot + Transfer fee + commission + other charges

Salman replied on Tuesday, May 24, 2011 10:16 AM 

CMY sb lives in DHA phase 6. I respect his views and judgement but a bias towards Phase 6 is quite natural.

DHA Lahore Transfers FAQ replied on Friday, September 2, 2011 02:35 PM 

DHA Lahore Transfers FAQ
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