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Lahore Real Estate Forum: Property News & Community Talk : ,

(66947)
Saturday, August 6, 2011 05:05 AM 

AOA cmy sahib i want to know phase 1 to 4 plots prices rises fastly or phase 5 to 9 and please tell me what is the future of phase 9 file his price rise or not thanks regards :h :h

CMY replied on Saturday, August 6, 2011 05:14 AM 

DHA phase 1 to 5 have seen its gains and now DHA 6 7 8 9 have most chance of growth.

I dont under stand why people are willing to buy 5 marla in DHA 9 at 14 to 17 lacs cash but not willing to buy 1 kanal in DHA 9 at 27 lacs including development charges.

May be we should start saying

DHA Lahore phase 9 one kanal is available at 50 lacs in installments including development charges than we will have 5 to 10 lacs profit on paid amount of 16.75 lacs :)

With word installments attached there are endless buyers:)

Ch Mujahid Yasin ( CMY )
03224009967

Sarwar replied on Saturday, August 6, 2011 06:42 AM 

CMY Sahib: Very logic and useful suggestions. I believe people will definitely change their mind to buy 5 marla in DHA 9 at 14-17 Lac and will prefer to buy 1 kanal.

Sarwar replied on Saturday, August 6, 2011 10:53 AM 

Correction : Chaudhary Sahib: Your suggestions are very logic and useful. I believe people will buy 1 kanal plot instead of 5 marla at 14-17 Lac.

wasti replied on Saturday, August 6, 2011 04:56 PM 

cH sAHIB

People donot know they get plot close to boundry wall or graveyard or grid station or water tower for 1 Kanal.

5 M location is close to ringroad.

Salman Malik replied on Saturday, August 6, 2011 10:03 PM 

You have very valid point CMY and probably in the long run one K files will be more profiable than 5 marla plots.

But people who prefer 5m plots over these files also have very good reasons to do so:

1. Nobody knows when these files will be balloted.
2. It will take several years for development after the balloting.
3. Even after the balloting plot location can change.
4. In files there is a bit of a gamble as if you get a bad location plot you are stuck.
5. For most people it is easier to pay installments rather than full down payment.

So people who buy files or plots, both have their reasons and are right.

Regards
S
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