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DHA-9 File or DHA-7 plot,

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   Ahmed
Tuesday, April 2, 2013 04:59 AM 
Reply: >
Dear All

Investment wise which is the better option:
1) DHA-9 File
2) DHA-7 plot

Please comment.
AW replied on Tuesday, April 2, 2013 05:43 AM 

DHA File
Nick replied on Tuesday, April 2, 2013 07:07 AM 

DHA-7 Plot is better, PH-9 files are just a monoply to create an artificial hike, Even its ballot out in a month, I suggest go for plot, as PH-9 is in the bottom of succession both in terms of development as well as price. Rest use your best judgment, dont be perswayed with these agent mafia;) ANDAR KI BAAT ;)
Ahmad replied on Tuesday, April 2, 2013 07:54 AM 

Indeed, although i am a holder of phas9 file but i strongly recommend that you go for phase-7. The obvious reason is price hike. Phase-9 is trading at high levels and time-frame of getting on ground plot is minimum 5 years. 37+15 = 52 for phase-9 file while in the range of 55-65, you can get a good plot in phase 7.
Phase 7 Vs. Phase 9 replied on Tuesday, April 2, 2013 12:15 PM 

Ahmed bhai, as you said Phase 9 is trading at it's highest level, Why don't you sell you phase 9 file and buy in phase 7?
People need to understand Phase 7 will always remain the backyard of phase 6 and phase 9 and due to the location of phase 9, price would be much more than phase 7 plots after few years.
MIAN replied on Tuesday, April 2, 2013 02:23 PM 

You can select a ph.7 plot of your liking on the basis of its location. Having a file is just a gamble. If you sell it before balloting, you may get a good profit. However if you hold it on till after the ballot, you never know what type of plot you get. It may be recalled that in ph. 7 balloting, many were allotted plots in what is now sector Z-2.
Adnan replied on Wednesday, April 3, 2013 10:03 AM 

you will pay 70+ for an average location phase 7 plot today, it is likely to be 120k in 5 years, profit of about 50 lacs. Phase 9 today is 37.5k plus 15k development, you pay 52.5k. It is likely to be 100k to 120k in 5 years post development depending on the plot location. Profit is about 50k to 70k depending on location. So take your pick. If I were you, I would bet on phase 9 and take my chances on location, I might get lucky and have my plot on a great location. Also, the development charges will have to be paid in three years on installments. So, if you want to build next year, go for phase 7 today as after handover, it will run out of budget. If you want to only invest, best bet is phase 9 file.
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