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future of phase-7 for investment purpose,

(71976)
Sunday, May 6, 2012 01:50 PM 

PHASE-7 DHA PRICES HAVE GONE UP VERY HIGH, ASKING 45-65, ARE THESENOT VERY HIGH CONSIDERING THE AREA TO BE DEVELOPED, IN PHASE-6, DHA, THE PRICE OF DEVELOPED PLOT RANGES FROM 70 +, IF BUYING IN PHASE-7. COULD IT BE A WISE INVESTMENT.???

Phase 7 invest replied on Sunday, May 6, 2012 03:23 PM 

Phase 7 upper blocks such as R,P,S,W have already been developed and DHA may announce the possession in 3-4 months time and with it you'll see further jump of 4-5 lac whereby the developed plots in phase-6 which are in price range of 70 is available in N or M block at a location which is very close to village. My suggestion to you is that if you have 70 lac than better to invest in the best location of phase -7 developed blocks rather than weak location of Phase-6. Rest is up to you

unrealistic dha 6 and 7 replied on Sunday, May 6, 2012 05:38 PM 

there has been increase of 10 to 20 lacs over the last 6 to 8 months in DHA 6 AND 7. Prices are at peak level and now it is not wise to invest here.

Further correct in Phase7 replied on Monday, May 7, 2012 01:56 AM 

I belief investing in DHA 7 is still wise, the reason is that possesion has yet to be given. The moment possesion will be given you`ll see an increase of 5-8 lac in DHA-7 rates. However looking into DHA 8 unrealistic rates there might be further correction (upward) in DHA 6 rates as well so that it would look more realistic as compared to DHA 8 where even development has not started yet!

Correction replied on Friday, May 11, 2012 07:20 AM 

Many sectors of Phase-7 has not developed yet and prices are high in these sectors too.>>>
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