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

(98987)
Tuesday, April 5, 2016 07:21 AM 

During recent visit to DHA phase-8 and feedback from this forum, indicates house construction may be possible Q1 2017, once possession is given.

I'm still trying to grab what are the "key selling points" for this phase, which makes it "any different" from other phases! (Don't tell me it's location close to airport or something like that)..

I hope it's NOT the "hype" which is created for this phase as prices are unrealistically too high!!

Being an overseas, appreciate a realistic feedback (which probably I'm not aware of)why I should go for house construction in this phase over Phase-5 or 6? Plot prices are almost same in these 3 phases...

Thanks

Anwar replied on Tuesday, April 5, 2016 02:41 PM 

Dear Ibrahim,

Very simple, please do not construct in phase-8. Buy a plot in phase 5 or 6 for your house construction.

MBSŪ replied on Tuesday, April 5, 2016 04:37 PM 

1. Unique Town Planning. Its done on cul-de-sac concept, although no closed alleys but distinctively only 2-3 entry/exit points in residential blocks. And that you'd know help create a very secure living environment as the access can easily be monitored and controlled, if need be.
2. Main commercial areas are reasonably separated from main residential.
3. So no trespassing traffic within residential area. I dont know what that would mean to you but for me it means peace of mind.
4. Look for the number of parks in each block I think they are more than any other phase per number of plots. Not to mention the 144 kanal Broadway park.

So if u r considering it for house building, am sure DHA Phase 8 has the highest potential for a heathy and family friendly neighborhood.

Now have a look at any other DHA phases or even Bahria Town, you won't find such a town planning, streets are exposed from all sides and anyone can go thru inside short cut streets to avoid traffic. This will be very unlikely to happen in phase 8. I think Bahria offers this kind of town planning in Bahria Homes blocks only.
So thats the stand out merit.
In addition u know its next to ring road. Try measuring distance from ph 8 to any place in lahore, u would love its accessbility. When the southern loop gets going, it will become even better.
Now for the monetary part u see it competing with phase even without possession so u can take a guess at orices in a year's time when possession is granted.

I dont know if it is still the case but i think CMY sb once mentioned that the highest holding by army personnel is in Phase 8. So there must be something that the insiders are holding on to it.


Residential blocks are open from all sides. Now some would see as a good factor for easier access but to me thats annoying when traffic could come from anywhere.

Aa replied on Wednesday, April 6, 2016 03:29 AM 

Phase 8 will be the entrance to the 8-6-7 continuum. Have a look on google maps anf this will become clear. Having said that i agree it is very expensive so ur best bet is to visit both places and see ehich u like best.

Asif replied on Wednesday, April 6, 2016 04:51 AM 

@ Ibrahim : You are right to some extent. The prices are sky high and somehow not justified.
The simple principle of price gain is demand and supply.
Now in Pakistan and specially in DHA , the demand doenst dependent on logics and science but it is created by playing with emotions and creating hype... PPl start buying without knowing pros and cons and without comparing things..
DHA 8 is somehow better located than others , near to airport and near to Mall road is really added advantage and no one can deny that..
Furthermore, i dont think the possession will start by Q12017.. It will take another at least 4/5 years for DH 8 to fully develop and hand over.
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@MBS: Regarding the town planing and other things, Trust me many ppl are totally unaware during buying or before buying in DHA 8 .. And just the town planning is not only the factor of price gain..
Like me many ppl just put money in DHA 8 to get gain and never ever tried to give a 2nd thought about its Unique or etc town planning and even the agents didnt told me abt town planning.
More entry exit point to any phase or block is not negative point, although i would consider it good point as far as convenience to move enter and exit is concerned... Security shall be provided on main barriers like somehow in DHA and also in DHA RAYA Villas.

Furthermore DHA 8 is not developed yet and we cant compare its town planning with any other phase, untill unless DHA itself is not marketing its uniqueness.
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