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Phase 9 File,

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   Mian G
Monday, October 15, 2012 02:43 AM 
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Dear fellows need advice from sincere and God fearing fellows of this forum, that is it still worth to buy Phase-9 file of more than 3M.If not than what will be other choices for investment purpose for my daughter.
asim replied on Monday, October 15, 2012 03:19 AM 

ph 7 10 marla file would b better option as this would b on ground first as compare to ph 9 ,ph 9 balloting is far too late and its a very long project as compare to ph 7 ,ret of the money u can invest in nfc ph 2 by doing this u could have double benifit and just in case if u r in need of money in emergency than u can sell ur 1 file or plot and can deal wid a situation ,if i would b in place of u i would do this
Adnan replied on Monday, October 15, 2012 06:17 AM 

Agreed with Asim, I have a file of phase 9 that I bought at 14.75 last year, I think the time to buy has gone unless you can wait for a few years with this investment, the plot in Phase 9 after development in 5 to 7 years would definitely be around 10 million. I also have a plot in phase 7 which is almost ready. I have a plot in NFC 2 also, and my vote today for any investment on short term would be NFC 2 as development work is in full swing and is scheduled for handover in 2 years. The price today is very low compared to Bahria which is less than 1 km away and does not have access from the Multan road. I think NFC 2 will be at least double in two years or less.
Salman replied on Monday, October 15, 2012 07:16 AM 

What if DHA launches Phase 9 at 6m on installments, the way they did it with Phase 8? In that case, the price would be much higher than it is today. Ballot is now overdue, since the last one took place 3 years ago
Sultan replied on Tuesday, October 16, 2012 08:36 AM 

The real estate market was dead when DHA sold phase 8 at 55 Lakh on installments. Now those phase 8 plots are being sold as high as one crore plus. Phase 6 has also almost doubled since phase 8 ballot. The real estate market is booming now, so it is obvious that DHA will not sell one kanal in DHA 9 for less than 75 Lakh, that too on installments.

I am sure if they offer DHA 9 one kanal plot on installments, set the price at 75 Lakh payable in 3 years, and market it properly in and outside of Pakistan, there will be thousands of buyers ready to buy. DHA will just be pricing and marketing it at 75 Lakh or above according the current market conditions, just like they did the pricing and marketing of DHA 8 at 55 Lakh for that time's market conditions.
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