DHA Lahore Phase 6 vs Phase 7: A Comprehensive Guide for Investment and Construction
DHA Lahore Phase 6 vs Phase 7: A Comprehensive Guide for Investment and Construction
When considering real estate in Lahore, DHA (Defence Housing Authority) remains a top choice for investors and homeowners. Among its many phases, DHA Phase 6 and DHA Phase 7 are two prominent options, each offering distinct advantages for investment and construction. This blog post provides a detailed comparison to help you make an informed decision.
DHA Phase 6: Premium and Saturated
Overview:
Phase 6 is a well-established and mature phase of DHA Lahore. It has reached near saturation in terms of development and infrastructure, making it a high-demand location. However, this also means property prices are relatively higher.
Key Highlights:
- Price Range: Residential good location plots in Phase 6 typically cost between 6 to 6.5 crore PKR for a 1-kanal plot.
- Blocks in Focus:
- M Block: With plot prices ranging between 4.75 to 5 crore PKR, this block offers premium options.
- Adjacent S Block: Comparable plots here are priced between 3 to 3.8 crore PKR, offering a more economical alternative despite proximity.
- Proximity Advantages: Phase 6 is centrally located, providing seamless access to commercial areas, schools, mosques, and healthcare facilities.
- Raya Commercial Area: The Raya Commercial hub, located within Phase 6, is a buzzing zone with premium commercial plots priced higher than adjacent areas.
DHA Phase 7: Affordable and Growing
Overview:
Phase 7 is emerging as a cost-effective alternative to Phase 6, with significant development underway. It appeals to budget-conscious buyers and builders looking for economical options.
Key Highlights:
- Price Range: A similar 1-kanal plot in Phase 7 can be found for as low as 3 to 3.75 crore PKR. The cost difference makes it highly attractive for mid-range investors.
- Blocks in Focus:
- P Block: Strategically located near the main boulevard and Barkee Road, offering quick access to Cantt and CMH Hospital. Prices range from 1.25 to 3.75 crore PKR.
- R Block: Situated close to Raya Commercial and upcoming development projects, making it ideal for both residential and commercial purposes.
- Z1 Block: This block offers plots where a brand-new constructed home can cost the same as just a plot in Phase 6, providing exceptional value.
- Facilities: With modern amenities like mosques, parks, commercial zones, a Carrefour, McDonald’s, and fuel stations already operational, Phase 7 ensures convenience and quality living.
- Builder-Friendly: It is an ideal location for builders looking to construct homes for sale due to lower land acquisition costs.
Why Choose Phase 7 Over Phase 6?
- Affordability: Phase 7 offers plots and constructed houses at nearly half the price of Phase 6, making it accessible to a broader audience.
- Growing Potential: As development progresses, property values in Phase 7 are expected to appreciate, offering significant ROI for investors.
- Proximity with Savings: Despite the price difference, areas like P Block in Phase 7 are only a short distance from premium Phase 6 localities.
- Ideal for Construction: For builders, Phase 7 provides a cost-effective opportunity to develop and sell houses, leveraging its affordability and growing demand.
Investment Considerations
- Phase 6 suits buyers looking for a premium location with high-end amenities and immediate possession. It is ideal for those seeking long-term stability in property value.
- Phase 7 is perfect for budget-conscious investors or those seeking to construct homes. It offers flexibility in budget ranges and is primed for growth.
Conclusion
Choosing between DHA Phase 6 and Phase 7 depends on your budget and priorities. While Phase 6 guarantees a high-status lifestyle with established amenities, Phase 7 offers unparalleled affordability and growth potential. For builders and investors looking to maximize returns, Phase 7 is a promising choice.
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