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

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   Abdullah
Monday, April 7, 2014 07:04 PM 
Reply: >
Dear All,

I need your sincere advice. I have 1 k plot in Phase 7 and 1k file in Phase 9. Now I want to invest another 5 million so what are my options:
10 Marla Ph 8?
10 Marla Ph 7?
1 K file in Ph 9? (I seriously don't want to buy another file of Ph 9 --It has disappointed me a lot already)

Further if I manage to get 10 million would this be enough to buy 10 marla house not in DHA but in any decent society around DHA????

I will appreciate you advice/suggestions.

Best regards :h
Zulfiqar replied on Monday, April 7, 2014 09:00 PM 

I recommend that you buy a file in Phase 7.

Phase 7 is now next in line to be developed and its location is also good, there is a golf course on one side too.

Phase 7 is expected to increase sharply.
SAK replied on Tuesday, April 8, 2014 12:23 AM 

You need at least 140-170 lacs to buy a 10 Marla house in dha or vicinity. If plot, buy in DHA-8.
CheersPeer replied on Tuesday, April 8, 2014 06:09 AM 

Phase 8 is the premium phase.
second replied on Tuesday, April 8, 2014 07:31 AM 

COMPLETELY agree with Zulfiqar. Personally, I invested in phase 9 but I believe phase 7 has HUGE potential. Half of the phase is already given possession. Its attached to phase 6 with Golf course in between. Lots of houses already constructed in phase 6. You pay for a plot that actually is on ground rather than a piece of paper. I am actually considering investing in phase 7 too
Old player replied on Tuesday, April 8, 2014 08:11 AM 

100% agree with Zulfiqar. Back in the day, when phase 5 was announced,everyone said it was very far and bad location. Today, it is most expensive phase in DHA. Phase 7 is fully developed and one of the best places to invest in my opinion. I have been in this business since 1980s. Phase 9 is good location but it will need atleast 15 years before you can construct your house (7-9 years for development + 4 to 6 years for construction worthy).
investor replied on Tuesday, April 8, 2014 08:13 AM 

I want to invest 10 million in phase 7. Can you please tell me which are the best 5 blocks?
AMS replied on Tuesday, April 8, 2014 09:03 AM 

If you can wait for 7-8 years, invest in phase 8. If you need to construct your house within next 3 to 5 years, invest in phase 7. If you want to construct your house right now, buy in phase 6.

If you just want a long term investment i.e over 10 years+, invest in phase 9.
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