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

(75240)
Monday, October 15, 2012 06:41 PM 

I want to invest Rs. 1 crore in DHA Lahore.

Can someone suggest which Phases/sectors can give profit in next 2-3 years

Ali S. replied on Monday, October 15, 2012 07:57 PM 

I am not advising u to invest in HBFC....but here is a thought:

DHA 9 file doubled in price from 14 to 31 lac in last year
phase 5 extension price jumped as well

but 1K in HBFC which is adjacent to DHA 5 and is better located then dha 9 and dha 5 extension is still hovering between 36 and 40 lac all this time.

This is for ready to build plot....whereas in dha 9 u are getting file that will cost atleast 43 lac with dev charges and u cannot build for atleast 7 years.

I don't understand market logic....but fundamentally I would buy HBFC...in my case I would not sell this until relative valuation is better.

Habib replied on Tuesday, October 16, 2012 09:24 AM 

Dear Ali,
I understand Your logic while Comparing DHA Vs Non DHA areas, But Market trends are sometimes not Based on the Calculations we Made, My Friend Bought in DHA 7 a while ago when Price was Low, when we reached that area we thought that it is worth less Location in Matter How ou reach here and How You live Here, But Today this is The Fact that His investment has Gained 25 Lac profit that in 2 years Only. Do this Is irrefutable fact that Price has Increased from 35 To 60.
when we buy a property we Usualy have 3 purposes
1, Buid a House
2, Make some Asset for Kids
3, or sell For Profit
The DHA Properties suit best For purpose # 3 and resons are.
This is the Only society where an Overseas Person can final a deal in few days
where there are always Buyers. In some Other societies You Have to wiat years to get good deals
where builders invest even if Market is Dull.[see the xample of DHA 6]

Ali S. replied on Friday, November 9, 2012 01:51 PM 

Habib bhai, thanks for taking time to explain.
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