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

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   Abdur Rehman
Sunday, June 7, 2015 08:37 AM 
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dear Experts i want to ask you what is the future of Phase 8 right now its stable !! ? when ur seeing its possession & what will be worth of plots after possession ?
Habib replied on Sunday, June 7, 2015 08:51 AM 

First All Phase 7 will get Possession and Then it will be phase 8, Proper Looks at least 3 years or May be 4 years Counting from Current pace. Any way None of Phase 5,6,7 Got POosession in Less than 9 years so it is no surprise. Ballot date was April 2010 and this areas is extremely expensive to develop due to many deep pits in the land
Darwaish replied on Sunday, June 7, 2015 01:48 PM 

Habib Sb.
I am surprised by ur assessment regarding possession of phase-8. I visited the area a couple of months back and found development in its final stage. I think possession would be within or less than a year's time.
Local experts may shed some light on it.
Jameel replied on Sunday, June 7, 2015 05:33 PM 

Abdul Rehman sahib,
My estimate is 3 to 5 years from Now, I reviewed the Google images, on 10/3/2015 roads are not carpeted and there is not a single overhead tanks, Now If you go to historical Imagery You see Carpeted roads and Overhead tanks in DHA phase 7 in 2009. If they start every thing at past pace even then they will handover first Block in 3 years and Last Block may be in 5 years.
With the slow pace of development it looks that 10 Lac per Kanal development charges had not been enough that is why DHA is taking extra Caution before declaring DHA phase 9 development charges and asking for tenders earlier. It is quite Possible that some of financial burden of development be shifted to phase 9.

A Guy posted the pictures of DHA 7 in google I will request him if he can post recent pictures of development of Phase 8 as well.
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