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Advice needed!,

(95603)
   Ahmad abdullah
Sunday, February 7, 2016 11:09 AM 
Reply: >
I have a 5 marla plot in DHA 9 town (good location but not excellent) valued by LRE around 53 Lacs. I need your advice whether I should move to prism for 10 marla (average location) or 1 Kanal (little bad, not worst location)? I can add 10 Lacs and can pay development charges in installments afterwards.
In my opinion, 9 town is undervalued and prism is overvalued, do you suggest wait for few months or a year?

Thanks,
Ahmad



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Habib replied on Sunday, February 7, 2016 11:23 AM 

Not recommended, Take into account 19 Lac additional plus difference and transfer
And Constuction in DHA town is inevitable, it is underpriced If R Block is 35+9= 44
truth replied on Sunday, February 7, 2016 11:33 AM 

Habib ko bari takleef hai R block se ufffff
Ali replied on Sunday, February 7, 2016 11:57 AM 

R block price will be high soon than town, Because Town dont have Marquee, Big School, Big ground and big commercials ETC..
Dude replied on Sunday, February 7, 2016 02:08 PM 

What an assessment. 5 Marla plot in 9 Town @ 53 is under valued and 1 kanal plot at the same price in prism is over valued. No sir, position is otherwise. By the way, do you have a readily available buyer @53 in Town ? Probably, don't have. For you, right would be to find a buyer, first. Buyer's search and completion of transfer formalities, may take some time. Don't get into initial steps of any buying deal, till availability of total funds i.e, funds required for concluding the intended buying. That would be the time, LRE and this forum would be in a better position to guide you, where to invest.
Abdullah replied on Sunday, February 7, 2016 02:21 PM 

Hold atleast 6 months. Your perception is right. It is undervalued
Mustafa replied on Sunday, February 7, 2016 03:23 PM 

I don't consider Prism to be over-valued. At this moment Prism appears to be properly valued but not much scope for quick gains. The price in DHA Town is under-valued for sure as non-possession deep plots near villages in Y-block of Phase 8 that fall too near to the ring road are priced higher than the clean and possession plots in DHA Town which is located next to the population of Askari 11 and is the gateway to Prism. The blocks A,B,C,D of DHA Town have a superior location to any of the blocks in Prism. Regarding R-block, I am sure plots in R-block will be worth 50-60 lacs a year after possession; that should take 5 years. However, DHA Town plots will be worth 85-100 in 5 years as this area will be fully populated. Anyway, even for short-term holding an investor can expect to gain 10-15 lacs in a year and then buy a 10-marla in Prism with that money.
Hassan replied on Monday, February 8, 2016 10:45 AM 

@ Mustafa. Which block of Town seems to be best for investment and why? Can you please share your insight and if possible rank the four blocks in order of preference?
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