Lahore Real Estate Property Discussion Forum

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(66971)

Gulf Investor

Monday, July 13, 2015 06:29 PM PST

Reply:

Investment Advise Phase 7 and Prism

Dear Jameel Sb and other property Gurus
I have around 2 crores to invest in property and am looking for your advise regarding best possible investment for around 3 years time. I want your opinions regarding the below options

1) Two good location 1 Kanal plots in Phase 7 non-possession blocks T, X or Z1
2) Two good location 1 Kanal plots in Prism
3) 1 good location plot in Prism and one good location in a possession area of phase 7 such as W and S.

Also please advise when is the possession expected for non-possession blocks of Phase 7 and any risk involved in investing there?

Thank you

Hammad replied on Monday, July 13, 2015 07:18 PM PST

I am not a guru, but if I was you, I would have gone for #2 and would go for 1 kanal DHA Multan with remaining amount.

abdullah replied on Monday, July 13, 2015 09:26 PM PST

most secure and maximum gain Z1 ,X and Y phase 7 . mark the date and check only after 6 months

Akmal replied on Monday, July 13, 2015 09:45 PM PST

Phase-7 T & U blocks also have possession. U can buy two One Kanal possession plots in these blocks within 210-215 Lacs budget. BTW, i agree with Mr. Abdullah comments

Gulf Investor replied on Tuesday, July 14, 2015 03:08 AM PST

Hamad why do you think that Prism prices will gain more than Phase 7 in 3 years time? Please share your opinion. Thanks
BTW I also agree with ABdullah regarding Z1 and Y blocks. They can be hidden gem especially due to their close proximity with the Lahore Knowledge Park housing well known national and international universities and R&D centers.

Lahore Real Estate replied on Tuesday, July 14, 2015 07:56 AM PST

If you can add some money buy Oval Complex commercial of 4 marla as it far better than all 3 options above. Option 3 will work best in your case if budget cant be increased.

In case of market rise you will gain strong in Prism and can expect average gain in DHA7 after possession of all its blocks.

In case of profit taking or dull market in near future DHA7 wont lose any money as its on ground and have not gained as good as Prism in past few months so you are are well protected.

Promise now that you will buy your plots for Lahore Real Estate only for this free tip :)

Hammad replied on Tuesday, July 14, 2015 08:21 AM PST

Gulf Investor,
As I mentioned earlier, I am not a property guru.
I bought 10 marla plot in Parkview around 2006 for about 22 lacs, which was took over by DHA, moved and renamed as phase 7, and I have paid 9 lac development charges on it. During this whole time, phase 7 has not gained much, actually overall I lost a lot.
On other side, one of my friend got file in phase 8 about 4 years ago and he gained around double or even more.
In short, my experience with phase 7 is not good and I think it's location is not attractive.

(66970)

Imran

Monday, July 13, 2015 06:20 PM PST

Reply:

Dear LRE Experts,

Please evaluate R 1668 prism 5 marla dha phase 9.

Regards,

Imran

Mian Fawad LRE replied on Monday, July 13, 2015 06:55 PM PST

Market Value Of Your Plot No. R-1668 In DHA Lahore Prism 9 Is Rs. 32.50 To 33 Lacs.(Excluding Development Charges)

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM

(66969)

UAE

Monday, July 13, 2015 04:36 PM PST

Reply:

Dha prism

Dear All,

anyone has any idea about DHA prism 9 remaining files which was not add in the 15 may ballot. when ballot going to happened for that.

(66968)

Janni Bhai

Monday, July 13, 2015 04:31 PM PST

Reply:

Why Prism R-Block is on lowest side regarding prices of 1-K plots, is there any specific reason or is due to its isloation from the other Blocks? On map it doesn't look to be worst located Block, as it is near to DHA Town and may be one the blocks which will be developed earlier than other blocks. LRE team and other experts please put some light on it. Thanks

(66967)

Salman Ali

Monday, July 13, 2015 04:17 PM PST

Reply:

DHA phase 4 Block GG295 Size 22 Marla Corner facing park

sir.

kindly advise the Cirrent Value of DHA phase 4 Block GG295.22 Marla Corner facing park.

best regards.
Salman ali

(66966)

Imran

Monday, July 13, 2015 04:00 PM PST

Reply:

Price of K553

dear sir.

kindly advise the actual value of dha phase 9 k553.

thank you

Mian Fawad LRE replied on Monday, July 13, 2015 06:00 PM PST

Market Value Of Your Plot No. K-553 In DHA Lahore Prism 9 Is Rs. 66-67 Lacs.(Excluding Development Charges)

Mian Fawad Ahmad
Lahore Real Estate
03024489001
Info@LREPK.COM

(66965)

Tariq

Monday, July 13, 2015 03:54 PM PST

Reply:

Knowledge Park Location

Anyone has any idea about the location of Lahore knowledge park within DHA phase 7. Is it adjacent to block Z1 where Punjab govt has acquired Rakh Dera Chahal? Also there is 130 acres space reserved in T block of phase 7 for a university. What this space is for?

Akmal replied on Monday, July 13, 2015 03:59 PM PST

Knowledge Park Location is Rakh Dera Chal. 850-Acres land reserved for this purpose.

XYZ replied on Monday, July 13, 2015 04:11 PM PST

@Tariq: You are right, Lahore Knowledge Park will be located between blocks Y and Z of phase 7. It is a big area. Construction activity for a hospital has already been started there.

Tariq replied on Monday, July 13, 2015 06:20 PM PST

I think the development of knowledge park will boost up the value of phase 7 as whole and blocks Y and Z in particular. They can be the most valuable blocks in next 3-5 years of the whole phase 7.

(66964)

Awan

Monday, July 13, 2015 03:50 PM PST

Reply:

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