Dear members,
i have been offered this plot,can anyone guide me what is the PRICE
Secondly what is best option to buy in DHA and build a house in a YEAR.. my budget to buy a plot is 36 lakh
THANKS
CMY replied on Saturday, June 18, 2011 01:09 PM
Plot is worth 38 to 39 lacs. For making a house in one year you must consider T or U of DHA7 before its too late and out of your budget of 36 lacs.
DHA phase 5 6 and DHA 7 is seeing or have seen a lot of genuine buying in last 6 months. Baina plots are either sold out or getting transferred by dealers/investors themselves as people believe DHA 5 6 7 could see another 10 lacs gains in next 3 to 6 months especially near Ring road and Lahore Ring road interchange opening ceremony.
Currently builders buyer sellers investors and 99% dealers are focusing on DHA ph 5 6 7 only. To date buyer sellers investors and dealers have completely ignored or forgot DHA8 and DHA 9. DHA phase 8 will try to catch up 20 to 30 lacs gains in good blocks of DHA6 and same time with gains of 20 to 30 lacs in DHA phase 6 just across the Bedian road our DHA phase 9-10 should be currently priced between 18 to 20 lacs minimum and that didn't happened. DHA Lahore phase 9 have seen 4 to 6 lacs gains for all its 5 marla plots but now it may be turn of DHA phase 9 one kanal plots as well to see some healthy gains in next 90 to 180 days. Separately purchased 4 plots of five marla in DHA phase 9 are priced at 55 to 65 lacs including development charges so a fully paid one kanal plot in DHA phase 9 should be 50 to 60 in theory. DHA phase 9 one kanal could gain 5 to 10 lacs on current fully paid price of just 26 lacs including development charges.
Either DHA 5 or 6 prices have to lose 20 to 30 lacs gains it had in good blocks in past 6 months which is very unlikely to happen now with tons of good thing happening in DHA or DHA phase 8 and DHA phase 9 will try it best to catch up these very big gains of DHA 5 6 7 in near future near Lahore ring road plus interchange opening etc. Once dealers investors buyer sellers start focusing on other good option in DHA Lahore after DHA 5 6 7 gains they will realize there is good room to make money in DHA phase 8 and DHA phase 9 with a lot more safety than new investments in DHA 5 6 7 plots at current prices.
DHA 5 current rates one kanal 70 to 150 lacs including development charges
DHA 6 current rates one kanal 50 to 100 lacs including development charges
DHA 7 current rates one kanal 30 to 65 lacs including development charges
DHA 8 current rates for one kanal are 40 to 70 lacs including development charges
DHA 9 current rates for one kanal is 26.10 lacs including development charges(You pay only 15.10 lacs now Development charges will be paid in installments of 3 to 5 years. ).
DHA phase 9 full paid 5 marla are bought sold at 13 to 16.50 lacs including development charges
Just my opinion. You dont have to agree with my opinion logic reasons but disagree with points and reasons. You should buy sell your property after lot of your own research and you should be responsible for your own very well informed actions in future. Listen to all but act on own inner feelings.
Ch Mujahid Yasin ( CMY )
03224009967
http://www.lahoreestate.org/contact-us |
LRE Hot Topics replied on Sunday, June 19, 2011 08:02 AM
Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics |
Ali replied on Sunday, June 19, 2011 08:42 AM
Like the last paragraph of CMY reply.
So many sources are trying to sell their own interest - at the expense of others. Other example is current ad of Eden now a days in newspapers ( “persuading with strong emotional hock” or in simple terms “suhana khawab” – without giving the full pictures).
So many thanks CMY for making this paragraph a regular feature in all your replies. |
Saqib replied on Monday, June 20, 2011 04:41 PM
Waiting for next market direction. |
