Lahore Real Estate Forum

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(61627)
Sunday, May 3, 2015 08:10 PM PST 
Fast Track Development Phase 9


Dear All. Please note The Full page ad says that there will be Fast Track Development of Phase 9 I have checked from an insider: Believe it or not; Development work in Phase 9 is likely to start within 6 months. Congratulations and best of luck

info replied on Sunday, May 3, 2015 08:13 PM PST 

Development in DHA has always been and will be at its own pace. For evidence please check development timelines of all phases from 1 to 8 in
DHA Lahore.

kamr replied on Sunday, May 3, 2015 08:28 PM PST 

DHA is too slow, they cant able to develop in 2 or 3 years, 5 to 7 years required for development, sure

M Ali Hafeez replied on Sunday, May 3, 2015 08:46 PM PST 

The ad says it is going to be on fast track. Let us see

info replied on Sunday, May 3, 2015 09:13 PM PST 

Just to narrate one incident in this regard. It was announced during Phase 7 balloting in 2007 i think that the phase will be developed very early, in fact there was a board in front of P block in phase 7 that stated time line for P block development as of May 2008 and that board remained there i think till 2010 or 2011 when it was removed.

To be fair development isn't easy and requires coordination, finances and processes and in public sector takes time. There is no way out of this as this fact could be observed in development timelines of all phase from 1 to 8 and phase 9 will also not be an exception.

Jameel replied on Sunday, May 3, 2015 09:54 PM PST 

DHA 7 was Balloted in 2006, In fact work was started quite early and timeline was 3 years. Phase 7 is all level Land and development was easy and Phase 6 was already developed I mean Line sewage main Blv in Phase 6 was ready.
Phase 9 will be from scratch. But every thing is possible.
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(61626)
Sunday, May 3, 2015 07:38 PM PST 

Hi Property experts,

I want to know when the balloting of Phase 9 extension 5 marla plots is expected. Is it a right time to invest 10 million amount there in Phase 9 extension with the aim to get the money out in a year. What sort of increase you expect in the price for Phase 9 extension.

Also I need suggestion regarding Phase 9 5 marla plots. Do yu think it is the right time to sell it before the balloting or I should wait for the balloting. I understood that if I sell after the balloting then the development charges of roughly 6 lakh per plot will have to be paid before selling and the profit margin as it looks today with 27 lakh per plot may go down even if the plot price touches 30-31 lakh after balloting.

syed shoaib replied on Monday, May 4, 2015 12:05 AM PST 

prices 32 to 43 will be without development or not ?? cmy ?
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(61625)
Sunday, May 3, 2015 07:22 PM PST 

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
lahore
DHA
8
S
116
1K
Dear LRE Team,

Plz evaluate.

Thank you
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(61624)
Sunday, May 3, 2015 07:16 PM PST 
DHA Phase 9 commercial

Ad Type
City
Scheme
Phase
Features
Wanted
Lahore
DHA
9
commercial
CMY Sahib,

What is the expected value of commercial files of 4 and 8 marla in DHA phase 9 in the short term i.e. (immediate to 3 months after the balloting)??
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(61623)
Sunday, May 3, 2015 07:13 PM PST 
Smart Moves

Most of people are asking investment advice. My vision is bit different, now a days property market is like stock market it is very important to make correct decision the most important is when to enter and when to exit. May be me many will disagree but I believe that when market is going daily up and up and have gained certain mark [which can give you good profit] it is time to exit. And time to buy is when market is dull you have sufficient time to think and bargain.
I am very happy to see market trend today. Few months back i visited Pakistan and most of business was dull, and now there is move and i am feeling young like i felt 12 ys back when it was . But Do you remember in 2004 who lost?
More pleasant is that at the same time when there is hype there is dull market on certain areas as well with in Dha itself.
Now we come to analyze phases one by one

truncated

Habib replied on Sunday, May 3, 2015 07:16 PM PST 

DHA 9 have already reached at good price, it is 62+19 = 81 if you enter now you can still have modest gain. But all will agree that it was better to buy DHA 9 when others were selling. More gain can be there but price have already reached the developed Kanal in DHA ,
Dha 8 proper have good price gain but most will agree that ground realities are it will not be ready for possession in coming many years. And as per many experts including CMY it will not gain in near future may shed some price in coming days. If you are investor only it is time to sell and move.
DHA town similar situation price will be stuck here as it has already gained a lot, there only difference is it will be ready passion in 3 months, further price gain will be minimal, should we off load it now, it is tricky if i want to make home of course answer is no. If i am investor only i will carefully see the map of DHA 9 after ballot, if all 5 merla and 10 merla have bad
location near nallah { which is quite likely] then i will not sell it as after construction activity it will give me more gain.
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Faraz Siddiqi replied on Sunday, May 3, 2015 07:47 PM PST 

First of all, congratulations to all for finally getting a confirmed news on the Phase 9 ballot. Its been years to come to this stage. Just to get an idea, where do you see Phase 9 - 10 Marla File price going unto, after the ballot.

Potential Price Range for DHA Phase 9 - 10 Marla.

Habib replied on Sunday, May 3, 2015 07:47 PM PST 

Sorry my Full Post is not getting through Due to Length?


@ Chota Not recomended Only 2 Kanal If Liuckily it comes on Main, You Know LDA is semi regullated so it will be commercial Luck game.

Nazir replied on Sunday, May 3, 2015 07:55 PM PST 

@ Habib sb,
I agree and appreciate your view point presented so far.
please complete your view point. Waiting!!!!

Habib replied on Sunday, May 3, 2015 07:56 PM PST 

Continued

Now come to Dha 7 very interesting situation here price is coming down due to 2 phenomenon, one thing is investor attention is diverted to Dha 9 and second thing is after possession there is profit taking. An investor like me will be interested to buy here as it is underpriced have better ground realities and market is coming slowly down so better bargain is possible. This is the same situation when in 2004, Dha 5 possession was available and people were interested to buy Dha 8 file in almost same price at which average
location plots in Dha 5 could have been hunted [ of course taking into account development charges], i know the people who sold Dha 5 in cror and bought dha 8 file in 88 lac, the simple logic was as Dha 8 is growing few lacs every day but Dha 5 is coming down… [poor logic].
Truncated

info replied on Sunday, May 3, 2015 08:24 PM PST 

Dear Habib, this is called i think having a contrarian view as against the market and often fetches higher returns if correct.

Habib replied on Sunday, May 3, 2015 08:28 PM PST 

I always do it in stock Market for Valid Banks which are established have Fluctuation in Price and give even dividend, I almost never lost. but you need patience

Habib replied on Sunday, May 3, 2015 08:37 PM PST 

Today i marked 6 Plots in DHA 7 in Lower Cuts available in Less than 80, Clear land development ready and Mostly with averge or good features.

info replied on Sunday, May 3, 2015 08:38 PM PST 

Agreed Habib sb in fact this is also true for property and greatest gains are in places where there is less market hype.

info replied on Sunday, May 3, 2015 08:38 PM PST 

Agreed Habib sb in fact this is also true for property and greatest gains are in places where there is less market hype.

Jameel replied on Sunday, May 3, 2015 09:33 PM PST 

With in DHA IVY green is also cheap if option is small plots, again map will tell how good are DHA 9 10 Merla plots Located, Now both are related and Competitor, But I think Kanal will shed some price in IVY green still further.
IF DHA 9 File will lose 2 Lacs at this price then it will go further down as there are many Committed sellers.
let us see Buyer and sellers Competition

saima replied on Monday, May 4, 2015 01:00 AM PST 

habib bhai where in phase 7 can i find a possession plot in 80 lacs to build ahouse there and live now

Jameel replied on Monday, May 4, 2015 01:32 AM PST 

I cant Confirm myself as I did not go in Pakistan for Quite some time . But he wrote eralier

Habib replied on Sunday, May 3, 2015 05:52 PM PST

Dear Fellows DHA 8 is at best Price at this time and is going to lose some price in Short term, The Pace Of developemnt is Slow and it will be ready with IVY green, after that Construction will be faster in Blocks at level Land and deep blocks will take more time, If you invest now in DHA 7, Like in Avenue 13, The Kanal plot Price is 80, it is Like 10 merla price in Avenue 14 72 to 80, There is no secret about DHA 7, it had same
Location as before, 11 ys Back its file was 60 Called 6 Ext.
There can be very minimal risk but chances of gain are more.
But before selling pls visit the DHA 8 site site and your Block Progress. I just saw only generally 2 months back.
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(61622)
Sunday, May 3, 2015 06:53 PM PST 

Dear friends: any news about the possession of Y block of phase 7. I am waiting anxiously as I have to start construction of my house. Please reply.

Iftikhar AHmed replied on Sunday, May 3, 2015 08:27 PM PST 

Habib sb, info and other experienced people; can you reply to this question that when plot of block Y/phase 7 will be given possession
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(61621)
Sunday, May 3, 2015 06:50 PM PST 
Phase 7 4 Marla Commercial

Dear CMY first i will like to appreciate your support on this page, as your advice is really valuable.
Can you please comment on investing in 4 marla file in Phase7 which is around 135-140 these days. And what you expect about its value 3 years from now?
Thanks in advance.
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(61620)
Sunday, May 3, 2015 06:49 PM PST 

Dear CMY first i will like to appreciate your support on this page, as your advice is really valuable.
Can you please comment on investing in 4 marla file in Phase7 which is around 135-140 these days. And what you expect about its value 3 years from now?
Thanks in advance.
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(61619)
Sunday, May 3, 2015 06:27 PM PST 
Assesment of Plot 1002-Z , Phase 7, DHA Lahore

Ad Type
City
Scheme
Phase
Block
Plot
Size
Cur. Rate
Lahore
DHA
7
Z
1002
1 Kanal
I want to know the current price of my plot in Phase 7 as i want to sell it and buy one in Phase 8

Regards

Nauman
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(61618)
Sunday, May 3, 2015 06:14 PM PST 

Rumors are in the market that balloting for the remaining files of DHA Phase-7 is going to happen along with Phase-9 balloting ? What are the chances and when it is likely to happen? what will be the effects of phase-9 balloting over phase-7

Thanks

Jameel replied on Sunday, May 3, 2015 09:35 PM PST 

Almost all Land is developed so small addition will not creat much in Market, I think it will be mostly in Y and P area
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