AI replied on Tuesday, August 20, 2013 03:10 AM
ex Parkview is great location but not exactly a good investment. Prices going up far less compared to the rest of the DHA. This is owing to three factors:
1. Surrounded by villages and litigations
2. No direct access from Ring Road (you either use proper Phase 8 entrance) or Barki road interchange
3. Development is below average (if you are on the main road its good but if you go into any of the lanes, the development is obvious (small greenbelts, smaller roads 35 ft).
4. DHA and investors see it as an adopted child. This is also Reflected through prices. 2 Kanal reasonable park view plot is available from 2 crore 20 lacs (despite possession and "abaadi").. This is price of a good 1 kanal plot in DHA phase 5.
I personally like Parkview but for some reason it is not a favorite to many buyers. This is not just Parkview. If you look at Eden next to Parkview, it has the same issue. The same is applicable to Sui Gas. The only benefit Park View has is that DHA acquired but that didnt help much in prices. |
