Lahore Real Estate Forum

                                                          
 
Back to Forum |

Lahore Rea lEstate ,

(85068)
Monday, May 4, 2015 08:22 AM 

Continued from below.....
I Think Legth of Post have Limits
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].
Today i marked at least 6 plots in Dah 7 which are available in clear land no bad features below 80, even a layman can tell in 7,8 years how much Dha7 will be populated, in fact there are many builders who are harvesting good location at this time. The Location of DHA 7 is No secret it was same Location its files were 70+ in 2004.
Dha 8 ivy green, is also under so much pressure of phase 9 and good bargain is possible it liks it may shed few more lacs even
If I have a plot in Dha 8 now i will sell and buy 2 plots in Dha 7 adding some money.
if i have a plot in Dha town i will sell and buy in ivy green if it comes a bit further low.
After ballot I will see Dha 9 map, if there is fall in price i will buy there otherwise i will not.
Rule of thumb look ground realities when other are buying sell and when other are selling buy if you think ground realties are favorable.
Good Luck

confused replied on Monday, May 4, 2015 09:14 AM 

Habib sahib phase 7 balloted in 2007 and to my best knowledge kanal file was never around 70 lac in phase 7 near ballot. What do you really want to advocate i did not understand? Are you advocating phase 7 or discouraging phase 9?

P7 replied on Monday, May 4, 2015 01:40 PM 

I got offer @64 , I donot know what was max

Jameel replied on Monday, May 4, 2015 03:44 PM 

Dear Confused It Crashed from Highest point near 70 in 2004 to 35 near Ballot,
Dear
P7 which year you got 64 offer??

P7 replied on Monday, May 4, 2015 03:50 PM 

Sorry I am not able to recognize exact year but I was on short trip to Pakistan and I have visited DHA real estate market and got above offer
>