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.
Habib replied on Tuesday, October 16, 2012 10:36 AM
Plots In open Market Should Be at least 75 to 80 Lac Average Location in Phase 7 Before this can Happen, And I dont see it.
Yes 60 Lac is resonable estimate |
faisal replied on Tuesday, October 16, 2012 10:49 AM
good plots in dha 7 are already approaching the 75 to 80 lac range. dont forget dha 9 has 10 times better location than dha 7 which is stone throw away from brb canal. while dha 7 is worst located phase in dha lhr, the dha 9 will prove to be best located phase of dha lhr even though at one point near y block of dha 7 they do come a bit close to each other. however even at that point dha 9 is much better option in the long run compared with dha 7's worst block next to it.
in fact dha 9 is only dha phase with direct approaches from ferozpur road (along with approaches from ring road and dha phase 4, 5.) it is closest to the heart of current dha lhr the y block of dha ph 3, dha 9 being more closer than ph 6, 7 & 8. so 75 lac or more on installment payments is very realistic & definitely possible. dha 9 1 kanal file can easily go to 55+ lacs excluding dev charges just around the ballot time.
it's wake up time for dha 9 haters. and good times coming for dha 9 lovers. |
bt plot good replied on Tuesday, October 16, 2012 04:35 PM
investor sahib that poor mans dha's one commercial plot has made me more money then 10 residential plots in dha 6 would have, after ring road hits bt people like u will be wanting to buy but will not be able to afford it. |
bt plot good replied on Tuesday, October 16, 2012 04:39 PM
people who came to bt on a cultus have now bought plazas an the new c class to go with their new plaza. i dont see u dha investors getting anything more then paying for ur kids college fees from ur so called dha profits. |
Investor replied on Wednesday, October 17, 2012 05:39 AM
:)
That's exactly why DHA is DHA and Bahria Town is poor man's DHA. DHA investors can easily buy you along with your little plaza. BTW, I also own several commercials in Bahria Town which are in profit. But except for a very short period in 2010, I have cosistently earned more in DHA properties compared with poor man's DHA: Bahria Town.
I know the difference. Bahria Town is poor man's DHA. And there is nothing wrong with that. |
Ahmed replied on Thursday, October 18, 2012 08:12 AM
poor man's DHA Great phrase. |
