I was in Pakistan for 2 weeks and have some updates for friends on this forum.
Bahria Town, Lahore:
Simply amazing! Nice drive to Bahria, a lot of construction everywhere. Many plazas in sector C commercial and many houses being constructed in residential area. Work in full swing for sector D. Overseas B looks good for construction. Bahria launching sector E in Feb. I personally think that Sector-E commercial is over priced.
DHA-7, Lahore:
Some of the sectors are developed and ready for possession but I am not sure as to who is going to build and live there in near future, no life in that area. A lot of construction activity in DHA-6 and I personally think that it will be another 5 years before DHA-7 is livable. I personally think that DHA-7 is over priced.
DHA-8, Lahore:
No work at all. I feel once DHA starts development, DHA-7 prices will come down due to DHA-8 location.
Bahria Town, Rawalpindi:
Simply amazing!! A lot of activities Bahria Phase-7 and beyond. Bahria Intellectual Village, I would say gem b/w ph-7 & 8. Commercial plazas are popping up, McDonalds, KFC and other brands there. Bahria Green Valley coming there.
Bahria Enclave, Islamabad:
Work at very fast pace, I believe ph-1 will be delivered in next 8 months. Very nice area, Bahria acquired a lot of land around it for phase-2. 7 km patch Kuri road is not that bad, obviously you can't travel during night time but by the time it starts getting populated Bahria will have direct access from Park Road (just 1.2 km) to Bahria Enclave. I personally think it will be a great success for Bahria.
Park Enclave, Islamabad:
No work at all, "nothing". :)
DHAI-2 (x commoners), Islamabad:
4-6 houses under construction other than that nothing. This is a long term project. I personally think it will be another 5 years before that place is ready.
Zaraj Housing, Islamabad:
Roads complete, all amenities available. approx 100 houses, 60-70 occupied. No commercial activity.
DHAI-2, Islamabad:
A lot of construction. WTC is being constructed, Defense Residency flats coming up fast. Seems like DHA finally decided to put some money on this.
DHAI-1, Islamabad:
Well populated, livable.
CS replied on Wednesday, January 18, 2012 07:05 AM
Thanx Mr. Khan for analysis.
Please also give your comments on DHA9.
The price of DHA9 file is almost same like DHA7 file.. Which will be the better option to buy?
As per your estimation, DHA7 will be livable after 5 years and I think DHA9 will be ready after 10 years. So why the prices of DHA 9 are too high and what make people to buy?
Regards |
Saeed replied on Wednesday, January 18, 2012 07:30 AM
Mr CS,
I have lived in DHA Ph4 and believe both Ph7&9 are under-priced. The infrastructure and overall environment that DHA provides is superb. Whether you should buy plot in 7 or 9 depends on your future needs. |
AG replied on Wednesday, January 18, 2012 01:52 PM
Well done. A lot of hard & useful work in 2 weeks. May Allah (SWT) bless you for all this.
Regards |
FAH replied on Wednesday, January 18, 2012 03:17 PM
I think that DHA phase 7 is still under priced. Consider the prices in DHA Town, 5 marla or 10 marla plots which is on the other side of the Bedian road and consider the price in Y and Z block (excluding near village)of DHA Phase 7 which is across the road. In terms of location, i dont see much difference. From Kalma chowk, which is new centre point of Lahore, it will take 25 minutes to reach any of these locations Above all, i have seen the construction by myself, it is of very good quality and the phase (6 and 7) compared to other phases is very planned. |
Safwan Khan replied on Wednesday, January 18, 2012 06:38 PM
@SI.
85 lac for 1 kanal. They have few 13 Marla plot for 35 lacs and rest are big plots e.g. 1, 2 and 4 Kanal. Expensive for investment but good for living.
@AG.
Thanks, sorry I could not call you while I was in UAE (too hectic schedule). Other day when we talked my card ran out of money :) that's why we got disconnected. Thanks for your input on Bahria, Lahore. |
Nadeem replied on Wednesday, January 18, 2012 06:54 PM
@ Safwan Khan
(1) Why Bahria Intellectual is so expensive for 1-kanal (85 lac). Is there any specific reason why is it expensive?
Thanks |
Nadeem replied on Wednesday, January 18, 2012 06:54 PM
(2) On what basis claim that Bahria Enclave is going to be in good shape in future. It is very far around 7.5km from Kuri road entrance. If there any new scheme starts in-between Bahria Enclave and Park Rd, then Bahria Enclave prices will go down.
Thanks |
Safeway Khan replied on Wednesday, January 18, 2012 10:13 PM
@Nadeem.
I don't know as to why uIntellectual Village is expensive, may be they are targeting high end customers. But that area is coming out to be really nice place, they did not even advertised and getting a lot of traction. A new hotel is going to get constructed, a marriage hall on 7 canal is already being built. Let me know your email and I will send you plan and you will see it yourself. Map can't give you the whole picture but if you go and see you would definitely like it.
Bahrain Enclave.
1. Based on what Bahria done Pindi and Lahore, they would make every effort to make Islamabad project successful. If you see there plan, it makes sense. It's being connected from Park Road, Simly Damd road.
2. The pace at which work is going, they will star delivering plots in next 8 months and after that people who want to live in Islamabad in the budget, they will start building houses. People living in Bahria Pindi love living in Bahria but ppl who drive everyday to Islamabd they spend 1 hr and 20 mins on road to get to Blue Area. So access from Bahria Enclave to Islamabd is clean and easy. Bahria is planning to raise the price of enclave plots after delivery on ph-1 (good for plot holders who took at risk/chance to buy plot in 1 months installement).
I a not a property expert, I am telling you from what I saw from my visit and feeling I got from the activities on ground. I could be wrong in my assessment so please do your own research before putting your hard earned money. People in Pakistan talk crores like its a joke but we overseas struggle to make lacs :) |
Safwan replied on Wednesday, January 18, 2012 10:16 PM
Sorry for typos, I blame my iPad. |
Owais replied on Thursday, January 19, 2012 02:58 AM
@Safwan
Thanks for sharing this info. I have a 10 marla plot in bahria enclave islamabad phase 2, i live abroad and was very happy to hear that work is going fast, but in december when i visited the site i saw lot of work going on on phase 1 but phase 2 does not even exist, the location of phase 2 on map is all hilly areas and includes some land where i saw wheat cultivated by people.
This is first time i have bought a property and i was eager to build a house ASAP but looking at ground reality i dont think bahria will be able to deliver phase 2 even in 5 years which is too long for me and now i m thinking seriously to sell this plot.
Any inputs by members will be highly appreciated |
Thanks replied on Thursday, January 19, 2012 08:27 AM
@ Owais
I would suggest if you want to build a house in the near future then you should purchase plot in Bahria Enclave Phase 1, which I hope will be ready in few months period.
The phase will do take time but I don't think five years may 2 to 3 years (Allah knows better)
The direct road from main Kuri Road to Bahria Enclave Phase 1 is 1.5 Km. |
Safwan Khan replied on Thursday, January 19, 2012 08:33 AM
@Owais.
You are correct that no work on ph-2 yet but I think it will get started in next few months. From time perspective, I can't say anything for sure. My guess, It could be 2-3 years. Sell this one and buy in phase 1 at 0-1 lac premium. There are investors selling it either 1 lac loss or profit, all depends on seller. |
Nadeem replied on Thursday, January 19, 2012 04:30 PM
@ Sawfan Khan
I visited Bahria Enclave Islamabad back in Nov 2011. From Kuri Rd to Bahria Enclave using zig zag road it was 7.5km on odometer. I wanted to see the location before I buy. I realized that it was very far so I declined my intentions to buy plot in Bahria Enclave. If there is no populated area(as it is now) inbetween, then it will take around 10 minutes to reach Park Rd from Bahria Enclave. But as soon as it gets populated in future (new schemes come inbetween Bahria and Park Rd) then it will look like more far. |
Owais replied on Saturday, January 21, 2012 11:15 AM
@Nadeem
I think in this price range and so close to islamabad and with bahria facilities bahria enclave is the best option, 7.5Km is easily manageable with the type of roads there are, and time to reach centre of islamabad is much lesser as compared to other housing schemes like airport etc. The only issue i see is when the plots will be available for construction? |
