Dear experts,
I am a bit confused about investing in dha multan due to following suspicions:
Local people in that area are not too rich that they absorb all the 3 to 4 thousand kanal files
Overseas don't prefer to live in multan. Many of them invest in property of dha lahore so that they could build their home at later stage, but it is not so in dha multan.
People of that area are not too brand conscious, so other cheaper societies will compete with dha when it to building own house, n that too on one kanal.
So how can it proce to be a long term safe investment?
Even if ballot occurs in near future, Will it be possible to have a price jump as was the case with prism? Even worst location plot in prism is far better than one in dha multan and prices of prism will prove to be a maximum cap on dha multan prices?
So is it safe to buy dha multan instead of some other property in lahore for long term? The prices may fall drastically during the bad patch of development in dha multan, especially the worst location plot which are always there in every dha phase.
flex-01 replied on Sunday, December 13, 2015 05:17 AM
DHA Multan is at least a 3 year investment. if u have holding power, ti will give u good return. In 3 M , there is no other suitable investment (DHA brand) in lahore.
If u r high risk person, consider DHA lahore
Note I dont have any invesmtent in DHA multan, however planning to do some:) |
Afridi replied on Sunday, December 13, 2015 07:21 AM
Thanks flex medina and opinion....
I am doing market research these days on it and wanted to know 'negatives' before going for it.... one should think of the worst before innvesting.. I shared opinions of people to whom I talked about it.... |
Medina replied on Sunday, December 13, 2015 07:31 AM
one more thing is
u should concentrate on Rate of return of your investment
if u earn 10 Lakh by investing 28 lakh now
ur ROR will be around 35%.
check same ROR (per year/Cummulative) with other options in lahore. |
advisor replied on Sunday, December 13, 2015 09:21 AM
huge supply of fresh files in dha multan keeping the rate stable once these files absorbed in market and ballot announced then allocations will be traded at much more price |
Advisor replied on Monday, December 14, 2015 12:04 AM
1K Plot in Wapda Town Phase-1 is 180 Lakh with only few amenities.
Imagine DHA after one yr.
In and around Multan we have many landlords who send their Kids to Multan for education so housing demand in Multan is very high specially in areas like DHA (around univ/colleges/schoools) |
Advisor replied on Monday, December 14, 2015 12:07 AM
1K Plot in Wapda Town Phase-1 in Multan is 180 Lakh with only few amenities.
Imagine DHA after 5 yrs. DHA Multan should be atleast at 70-80 Lakh bracket. Gain of 2.5 times price of today.
In and around Multan we have many landlords who send their Kids to Multan for education so housing demand in Multan is very high specially in areas like DHA (around univ/colleges/schoools) |
