Dear sirs,
I wanted to ask about buying property from both an investment and settling point of view. Firstly what is your opinion of phase 6? Will plot prices continue to rise, or will there be any decline etc in the forseeable future? Same for phase 5, as alot of people tell me they have hit peak and must drop soon?
Also, from investment point of view, what would be a good phase to invest in with a budget of 5-6 million? I only want to invest in DHA lahore as that seems most safe at the moment. Phase 9 looks promising in 1 kanal segment and perhaps phase 8 in 10 marla segment? When can returns be expected?
Many thanks
Lahore Real Estate replied on Friday, February 28, 2014 12:22 PM
Dear Mr.Ahmad,
DHA Lahore Phase 6 after 1 to 2 years not only will be priced at highest level or at least at has same rates as in DHA Lahore phase 5 due to best town planning and hundreds of houses are getting populated.
Still DHA 9 is good safe buy due to its far superior location than DHA 7.
Salman Maqsood
Lahore Real Estate
03224009967
Email:Info@LREPK.Com |
opinion replied on Friday, February 28, 2014 01:51 PM
phase 9 will be best choice |
Shaheen replied on Saturday, March 1, 2014 05:25 AM
Salman bhai,
To an earlier query some time back, LRE had recommended ph 7 commercial as a better investment than phase 6 residential. Is that still true? |
Ahmed replied on Saturday, March 1, 2014 11:42 AM
Dear sirs,
Thank you for your speedy response. I wanted to ask though if there could be a speculatory price of phase 6 in a year for 1 kanal plots?
Also, about block M of phase 5, the plot prices are quite low. Is the location and infrastructure going to be worthwhile? Would it be a good investment to live in?
And what about phase 8? Isn't that far more developed than 9? How much would a 1 kanal plot in phase 8, M block phase 5 and phase 6 each separately cost in a good location?
Thank you again for your time |
