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

(77248)
Friday, March 1, 2013 05:17 PM 

Salman Sahib
Please evaluate the current market value of Phase 7
4 marla commercial file
Thanks

Lahore Real Est replied on Saturday, March 2, 2013 12:08 PM 

DHA Lahore Phase 7 4-Marla Commercial Plot File is available @ 135 Lacs.

Lahore Real Estate
03004009967

butt replied on Sunday, March 3, 2013 02:50 AM 

there are plots available in dha ph1 K block, ph 2 Q block in approx 1 crore range. Why would someone want to buy a file for 1.35 crore....then pay development charges.....then wait for owners to build houses and then will get customers for their commercial shop/business....prices are very unreal....and in my view...bubble will burst soon......tooooo much increase in a short period of time is not healthy for the market. I remember when prices of 1 kanal plot in dha ph6 went from 50 lakh to over 1 crore when there was no development and then after came back to 50 lakh. ph8 prices now reminds of of that time. This is just my opinion, buyers do their own homework. thanks.

DHA replied on Sunday, March 3, 2013 11:28 AM 

Butt sb actually it is the potential of future cash flows that is pushing the prices high. Potential of rent/returns in Ph 1 K and Ph 2 Q is very low since the property is only two floors with small roads. Just compare that with phase 3 where average rental for 8 marla plot is around 5 lakhs per month and this isn't still the 72 feet height. In phase 5 and onwards, the development is much better with large roads and with height of 72 feet that can accommodate around 7 floors, which obviously means that potential of rent/returns is much higher.
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