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

(89048)
Friday, May 29, 2015 10:54 PM 

Hi my question is how phase7 will hold up in next year or so ..any chances of prices increase in coming future specialy of 10 marla plots after possession in dec2015 ? why phase8 is sky rocket at this stage no way near any possession or develeopment ...? is phase7 is that bad location that investers are not investing like in phase8 ..best regards

info replied on Saturday, May 30, 2015 03:55 AM 

Location of phase 7 is better than that of phase 9 for many reasons that could be understood if anyone visits the area. Therefore either phase 7 developed plots will go up since there is a time difference of at least 6 to 8 years between phase 7 and phase 9 or prices of phase 9 plots will go down. It is not logical to have one phase developed and other in the planning phase to have the same prices but these market anomalies have existed many times earlier also and with passage of time these are corrected.

Jameel replied on Saturday, May 30, 2015 03:57 AM 

There are many factors before buying property, for living ? For investment ? or for Personal "Liking"

Phase 7,8,9 have plus miuses and interesting to compare
for example why DHA town is 50 lac and DHA phase 9 5 Merla is 23+7 is understandable, location is almost same one is ready other will be ready after 7 to 8 years.
In case 7 and 8 Comparison the Location of Phase 8 is better but not ready and have disadvantage of bad town planning and low level of land as compared to main road.
DHA 9 have good location but bad planning poor access points and will be ready after many years. I am holding in both in DHA 7 and 8 and had significant growth. Before buying in phase 9 I am asking 2 questions from myself one is am I ready to invest in place which will be developed in 8 to 9 years.
2nd question is, it possible in this 8 years course DHA phase 9 will be available at more attractive prices like in 2016 or 2017 as it happened in case of phase 7 and 8. Still I am confused on these 2 points.


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