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Interesting story of investment in DHA 9 Prisim,

(97746)
Wednesday, March 9, 2016 07:39 AM 

Hi to all dear readers
Here is a interesting story of Investment in DHA 9 Prisim...
My father was allotted a plot in LDA Avenue-1, Lahore twelve years back and after many ups and down in property during this period finally this plot was valuing @ 5.5 million two months back.

We got 8 million rupees in April 2016 to further invest in real estate but I was fed up from LDA Avenue-1, as did not have significant gain during last 12 years.

I started looking different options and was attached with LRE website since last one year. In this forum investor's main focus is DHA, Bahria etc...

I was not interested in Bahria due to its previous history heard from different people as they vanished the whole schemes like Phase 9 Rawalpindi, Green Valey Lahore after booking and taking money from public, but my brother forced me to invest only one million in Bahria Karachi in September 2015 but I am also struck there.

My mind was insisting to invest remaining 5.5 million in LDA Avenue being developed and underprice but then I thought lets have a taste of DHA investment, so I caught the Prisim train and invested 5.5 million at a high price in Feb 2016.

My luck once again deceived and LDA gained almost 25% in Jan and Feb 2016. Now my family is blaming for missing the gain of LDA Avenure-1.
I think I am now got struck by investing here in DHA but as I purchased good location so hopefully in one or two years I would get some profit. But I can easily see hundreds of bad locations who would remain struck for many years in DHA like “J” and “K” bad locations and other situated in other blocks on village or drain…. So I thanked GOD for not purchasing 5 Marla files of DHA Phase 9 Prisim @ 25 Lac in April 2015.

However, dealing with LRE and transfer procedure of DHA is very comfortable and hopefully in future I would enjoy trading here.
:) :) :cl :cl

Omair Waseem® replied on Wednesday, March 9, 2016 08:14 AM 

What is the 1 kanal price in LDA AVENUE 1? I have a plot b145.

Habib replied on Wednesday, March 9, 2016 08:44 AM 

You did not tell what did you buy in DHA phase 9 ?
It all depends that you bought underpriced areas or inflated area, Prsim is big game all is not same, you can gain only investing in areas which are neglected by initial investors

Ashfaq replied on Wednesday, March 9, 2016 08:54 AM 

Dear Tahir,

You decision to invest in DHA was perfect, Insha Allaah. You will realize this within 3 years hopefully, Insha Allaah.

Babar® replied on Wednesday, March 9, 2016 10:06 AM 

Dear Tahir, you bought a property not the shares from stock market, so chill and wait for the right time. Moreover prior to investing in prism one should keep in his mind that its not a short term investment that you buy today and tomorrow when you wake up your property will be doubled. In long run i.e. 3-4 years for sure prism will give maximum return and definitely more than LDA Avenue or any other property out of DHA. If you you are a consistent buyer than don't panic on every day & down, just pay installments and look-forward optimistically..:)

Asim replied on Wednesday, March 9, 2016 10:19 AM 

Some people are ignoring the location of DHA new phases is in the flight path because next to the airport......Are they OK with their house windows rattling every time a plane flies overhead?

AhmetKildir® replied on Wednesday, March 9, 2016 10:47 AM 

A very good point Asim. But sound-proofing has gone way highteach compared to what it was 10 years ago. It's also much cheaper now.

talal replied on Wednesday, March 9, 2016 01:04 PM 

asim which phase you referring too. We just sold our house on cheaper price, bedian road because of too much noise on path of landings.

Tahir Lutfi replied on Wednesday, March 9, 2016 02:03 PM 

@Habib I purchased one 5 marla good location in "J" block upper cutting and one 5 marla in "R" block average location

MD replied on Wednesday, March 9, 2016 04:44 PM 

U did good investment... dont worry... ppl.are after dha town now a days... one its prices will be peaked it will benifit ph9 as well.. investors will automatically see J block n R block as underprice area... then it will be ur turn to gain. :)
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