Those who believe phase 7 location is away, should keep in mind that phase 1 to 4 are closer to Lahore Cant and Gulberg area yet price per Kanal there is substantially lower than phase 5!
What really matters, is the planning and quality of development. Certainly, planning of 6&7 is far better than phase 5
Phase 7 will gradually catch up the prices of phase 6 after possession. Sooner or later market will realize phase 7 potential
Shahzad M. Baig replied on Thursday, August 22, 2013 01:57 PM
Mr. Basit,
How could you claim that Phase 6 &7 are better developed than Phase 5??? |
Basit Farooq replied on Thursday, August 22, 2013 02:01 PM
Shahzad sab, Pls. consider below features in this regard:
-The area of phase 6 & 7 is planned in squarish and rectangular blocks
-100 to 150 feet wider roads are separating each block.
-There are number of parks and above all Golf course in the middle |
A replied on Thursday, August 22, 2013 02:36 PM
Basit saab - I 100% agree with you. When DHA phase 5 was announced, everyone used to say "who is going to live so far at the end of DHA". Today phase 5 is the most expensive phase in DHA. By those standards, Phase 6 and Phase 7 will shoot up quite quick. Phase 6 is already coming close to phase 5. There is a huge room in phase 7 and as soon as possession is granted, it will sky rocket! |
Phase 9_lover replied on Thursday, August 22, 2013 04:59 PM
Dil Jaley arey o dil jale:P |
A replied on Thursday, August 22, 2013 06:41 PM
Dil jaley? haha. Sir, your maturity is clearly a reflection of the mindset. I have more investments in phase 9 than in 7 but that doesnt change my opinion about a good potential which is phase 7. Iss main dil jalnay wali kya baat hai. |
Muhammad Maier replied on Friday, August 23, 2013 12:01 AM
Dear Basit Sahib and brothers,
I have very hard earned money (12 lakh) and want to buy property for future investment. Kindly give sincere and honest advise where to buy a plot.
I will appreciate your time and honest advise.
Thank you!
Muhammad Maier |
Basit Farooq replied on Friday, August 23, 2013 03:22 AM
Due to above factors and approach from a beautiful main boulevard, I believe, phase 6 will be priced higher than phase 5 once it is more populated and general facilities are made available there. Afterwards, Phase 7 to follow the footprints of phase 6. |
geo replied on Friday, August 23, 2013 01:01 PM
ground reality different!!
all those are raising voices who have invested in 7 now panic !
go for ph 9 for secure investment |
Jumb replied on Friday, August 23, 2013 01:25 PM
No investment in 7 but excellent phase to invest. Huge gains. |
express replied on Friday, August 23, 2013 01:30 PM
Geo i have no investment in 7 either but ground reality is that prices have raised by 50 lacs per kanal in the past 6 months (from 70 lacs per kanal to 120 lacs per kanal). Phase 7 will be most expensive phase after 5 and 6 until proper phase 8 develops. Then phase 8 will lead (not including ex parkview and adopted socities). |
Lahore replied on Friday, August 23, 2013 01:33 PM
Phase 7 is attached to Golf course Raya, the biggest attraction once it is ready. Phase 7 has wonderful development, big roads on all sides. Phase 9 is also a very good investment but LONG term for real gains. |
Farhan Akbar replied on Saturday, August 24, 2013 05:19 AM
Dear Mr. Basit,
Your points are very valid.
Though what impact you see of Ph-8 on Ph-7 as its you can say another phase like phase-5 with relatively better location or nearer to other areas compare to ph-7.
Another aspect what i think: DHA has a plan like they won't let Ph-7 & Ph-8 to be quickly made possession ready as otherwise Ph-6 prices would fall (as people will get many and lesser amount options to buy/construct in these 2 phases) So DHA will let Ph-6 get more populated for another year or so. And then give possession in Ph-7 by next year mid or end and after 2years or so of it give possession in Ph-8. |
SIM replied on Saturday, August 24, 2013 06:09 AM
Definitely Ph 7 will get possession much before Ph 8. Many of the people holding the plots will start construction immediately after getting the possession. As it gets populated , the prices will appreciate. The distance does not matter. I think Ph 7 is still a good buy at current price. Thanks |
New one replied on Saturday, August 24, 2013 05:03 PM
I bought one kanal plot in phase 7 at 55-lacs in september last year. One year has not completed yet but my plot price has doubled. This is the actual ground reality. |
Basit Farooq replied on Saturday, August 24, 2013 07:38 PM
Guys phase 7 price will continue to rise before possession if phase 6 keeps going ...Afterwards, the more population in 7, the more would be price appreciation. |
Basit Farooq replied on Saturday, August 24, 2013 07:47 PM
CMY once declared phase 6 as Jewel of DHA. Phase 6 and 7 are two sides of the same coin. If one side is jewel, so would be the other.. |
