What is so special about Phase 9 that the allocation files reached around 26 lac?
There is so much supply and so many developed sectors, why there was so much fuss about it?
The prices seem to be correcting very quickly, under 20 lac doesn't look far?
Asim replied on Saturday, May 19, 2012 06:11 AM
TOTALLY AGREED WITH MBS |
MS replied on Saturday, May 19, 2012 06:49 AM
If someone want good location (Overall) and can wait for possession, There is no better option other than Phase 9 even at 30 lacs in current scenario.Look rates of phase 8 and 5 marla & 10 marla in dha town, It looks like you want to buy @ 20 Lacs that's why you criticizing phase 9 rate @ 26 lacs.The price of phase 9 depends on market dynamics ( Demand and Supply).It may rise or down due demand and supply fluctuations. |
NRP replied on Saturday, May 19, 2012 09:05 AM
Please don't give irrational an illogical explanations.
Do not compare on ground plots ready to build with piece of paper.
Keeping n view of DHA record, I personally don't think that phase 9 will be ready to build houses in next 10 years.
I am not property guru but honestly think that recent increase in phase 9 file prices was artificial and profit takers used this forum and all other ways to mislead the people.
Please make your own judgment, keeping in view of projected inflation and depreciation in currency value in coming years. |
MBS replied on Saturday, May 19, 2012 11:18 AM
every time someone brings up negative aspect of phase 9, someone says, "oh you wana buy it at lower price thats why u r saying so"
but my dear fellas market is driven by its own dynamics and big investors not by a post on this forum.
Price correction is normal in stock market and in the business of FILES - accept the facts! |
MBS replied on Saturday, May 19, 2012 05:46 PM
yes the time frame is too much for phase 9. I know experts here say its a long term investment but would it be rational to block your 2 - 3 million for 10 - 15 years, pay 15 lac additional for development and then experience the devaluation of Rupee and inflation effects for all these years.
And after 15 - 20 years u may get double or even three times the price but the real value of currency will be halved, wouldn't it, mind you the current state of affairs? |
Lahori Baba replied on Monday, May 21, 2012 05:17 AM
MBS forget the time limit or development charges. No matter how long it takes but YOU ARE GOING TO PAY only 26 lacs and enjoy gains of that one kanal plot. No need to pay development charges.
Think about it. If you get plot in 10 or 15 years your cost will be still 26 lacs that you paid today. You will just deduct development charges from plot sale price at that time in 10 or 15 years.
With a cool mind think how much a developed plot in "DHA" phase 9 will be worth AFTER 15 years time.
Look at the map I posted above. Tell me honestly if DHA 9 is developed today will it be worth today as much as DHA 6 or not?
Also note 8 or 9 years ago DHA6 file of one kanal was at 13 lacs and people were saying DHA6 will ot get developed for 10 years and will take 20 years to get populated. Now plots there are selling 70 to 120 lacs. 100s of houses are there and one of the fastest populating phase of DHA Lahore today. |
Lahori Baba replied on Monday, May 21, 2012 05:48 AM
MBS normal price correction. 25 lacs will be rock solid point in the worst case.
People holding files for years or the one that bought under 20 lacs saw it going up too fast so they are selling it to lock their gains. |
