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Just for discuession,

(98236)
   Asif Sardar
Wednesday, March 16, 2016 07:00 AM 
Reply: >
I have seen that , Ivy green prices are almost equal to DHA 6 N block prices and in some cases it is more than DHA 7 prices.
DHA 9 prices are almost equal to DHA 7 prices in some cases.

What is so good in DHA 9?? Although It will take much more time . DHA 6 and 7 is already on ground and is better located.
And why DHA 6 , 7 and 8 pries are not growing?

Furthermore, DHA 9 Town 5 marla (more than 90% developed) the prices are almost equal to Ivy green 5 marla plots.
Although DHA 9 TOWN is already developed and may be liveable within a year or so.
I don't understand , why the land prices are so high until they will not get possession in next 10 years, Even ppl will not be able to reach to their own plot by road in next 5 years.
no discussion replied on Wednesday, March 16, 2016 07:19 AM 

bore na kar yar..wohe ghisa pita raag alaapna band karo bhai
XYZ replied on Wednesday, March 16, 2016 07:38 AM 

these issues are discussed numerous times here on this forum. Scroll down and go through old posts. Very logical and informative comments have been given by some of the members.
Ali replied on Wednesday, March 16, 2016 07:55 AM 

@ XYZ can please share your reviews on phase 7 5 marla file...what will be the future prospects of this investment.
Asif replied on Wednesday, March 16, 2016 08:24 AM 

Gusa kiu kartay ho bhai..poocha ha bus. agar jawab pata ha to bata do.. warna pass on.thats all.
Muhammad Ayyaz® replied on Wednesday, March 16, 2016 08:40 AM 

Asif, can you please mention any 5 Marla plot of DHA Town who's price you think almost equal to Ivy green 5 Marla plots?

Regarding DHA 6 N block and Ivy Greens Plot price, N Block average plot is ahead of 40 to 50 lakh to Ivy Green?
AhmetKildir® replied on Wednesday, March 16, 2016 10:09 AM 

@Asif,

Use google earth to check locations of phase 9 vs. phase 7. You will get most of your answers. Don't listen to me, check it for yourself.
Asif replied on Wednesday, March 16, 2016 10:29 AM 

@Ayyaz sab, Ivy green 5 marla acha plot 45plus and average is around 40-45 ha.
DHA town: acha plot 65 or average is around 45 -50.
The difference is minor in average plots.

Furthermore, DHA 6 N block main you can get a plot in 110 Lax even.
Plot location might be weak but Phase 6 N blk location is better than IVy green.

@Ahmet: I have opened google earth.. Please guide me which point I shall take as a reference ? Normally ppl take Airport and Mall as a reference and considering this DHA 7 is better located than DHA 9.
Under possession and will be populated much earlier than DHA9.

Please friends , don't be offended, my intentions are not to hurt any plot holder in any phase.
And I don't have plot in DHA 7, DHA 6, ivy green or DHA 9.
I am just learning and understating if the situation is logical or not.
Asif replied on Wednesday, March 16, 2016 10:34 AM 

@ Ayyaz sahab,

Furthermore to my above comment regarding price comparison , please be noted that Ivy green plot prices are without development charges.
So development charges include karnay k baad it is more or less similar to DHA 9 town.
Habib replied on Wednesday, March 16, 2016 10:48 AM 

IVY green is much less discussed in this forum, Though Max price rise in DHA in last 6 months is seen in ivy Green. More than prism and price is more than phase 7.
Intial impression of Gurus was if you are looking at 5 merla and 10 merla Plots ivy green is best option, But now it looks its prices are almost reaching the lower end Blocks of DHA 8, Its 10 merla is 60 to 70 Plus 13 Lac [Like almost 80 Lac] abd stable at this level for last 3 Months,
This is nearly price of slightly below averge plots in prism
Market anomalies replied on Wednesday, March 16, 2016 10:52 AM 

Dear Asif, these are market anomalies and will get corrected in time by either price of one phase moving up and other moving down. Even if price stays stagnant, that's actually a loss in terms of time value of money.

Just as many other things, location is a mantra that people repeat without having a clue about aspects of location such as physical access, environment etc. After living in Gulberg and cantonment area for 30 years, I fail to understand the better location mantra of phase 9. In my opinion phase 7 has the best access and location for many reasons but please do educate me if you find reasons for better location of phase 9. Thanks
Muhammad Umar® replied on Wednesday, March 16, 2016 11:37 AM 

Ph 7 and ph 9 both have good and bad points but ivy is out of location. When you are coming from Kalma chowk, first entrNce for Dha is walton road, second ghazi road and only 1 km away will be entrance for prism. Prism is surrounded by LRR. Best town development once developed. Phase 7 is very close to brb the worst point about ph7, no matter what people dont like living close to border. Ph 7 and ivy both are close to border.
Market anomalies replied on Wednesday, March 16, 2016 12:53 PM 

- The access of new DHA, that is phase 6, 7 8 will be through Amjabd Chaudry road (Gul interchange/Airport) and then through Burki Road, which has the widest access available unlike Bedian that is very congested.
- Phase 6 and 7 lands were agricultural unlike phase 9 with many factories, tanneries etc. Ferozepur road has the worst traffic, environment etc.
- Why is living near canal considered bad? Best and most expensive property in Lahore is on Canal, better than living near a nala, which is hadiara drain and passes through phase 9 completely. What's this with border thing, all the DHA phases are near border, check that out from Google.
- There is proper golf course (around 1250 Kanal) in phase 6,7 unlike the mini golf course (around 300 kanal) in phase 9. Then there are knowledge park, liver and kidney centre etc.?

Anyhow, i have made my point and i still don't understand the rationale of better location, thanks and regards.
Market anomalies replied on Wednesday, March 16, 2016 01:59 PM 

Actually I was just replying to Mr. Asif's query and wanted to have a healthy discussion on this issue so rather than trying to bully me why don't you give logical arguments in favour of phase 9 location? Yes I have investments in DHA everywhere and best of luck in your investments as well.
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