Lahore Real Estate Forum

                                                          
 
Back to Forum |

Prism - Phase 9 - final thoughts,

(85697)
Thursday, May 14, 2015 07:18 AM 

I feel like most recent investors on this forum are not very seasoned. No offense, we all start somewhere and we learn from our wins and our losses. I see a lot of new 'experts' giving their views about Phase 9 Prism. Many are now calling it a doom story. Either these people are furious for missing the train or want the prices to fall so the investment becomes more afforable to them.

The fact is, DHA Prism 'will be' one of the best (if not the best) phase in DHA. Kanal here will be nothing less than 3 crore (not including the impact of inflation) in 5-6 years time. There is no other investment in the country that can guarantee you a 5 fold return on your investment. I often here people refering to Phase 7 or 8's slow development to predict Phase 9's development. Do keep in mind, DHA has 'not' been the same DHA that it was in the past. General saahab is really fast-tracking stuff to ensure the optimal use of time and to ensure DHA retains its brand entity.

If your intention is to panic sell, do keep in mind that there is nothing else that will give you the same return. Even if it is, its not as secure and safe and riskless as Prism.

Anyway, my post wont really increase or decrease Prism prices. I just wanted to share my views. Dont bash me because i think differently than the merchants of doom & gloom.

phase nine replied on Thursday, May 14, 2015 07:42 AM 

100% agreed. Dahari baaz have gone phase 9 will creat history

Amir Khan replied on Thursday, May 14, 2015 07:42 AM 

I wholeheartedly agree with Ahmet here. This is same like the story we used to read when young that slow and steady wins the race ( remember hare and the tortoise race).
The ballot is upon us. Let us hold our breath and wait for the outcome we have all been waiting since a long time. Let us pray and hope that we all get good location plots and a handsome return on our investments.
Whatever the outcome my decision to invest in DHA-9 is mine alone and stick with it whether good or bad. One who does not fail/lose cannot win. We shall learn and we shall be smarter from it. So sit back and enjoy the show everybody and best of luck for the draw.

Ahmet replied on Thursday, May 14, 2015 08:06 AM 

Sheru,

I respect your opinions.

However, I whole-heartedly and passionately disagree.

Unfortunately, I doubt I'd be able to locate you after 5 years to brag about how good my prediction around Prism was :)

Anyway, good luck to you since you have investments there. Lets hope you get a corner plot facing the water park, the mall, the under water zoo, the fully services apartments, the e-parking, the business park or the drive in cinema...psst...none of these were promised or developmed in the earlier phases ;)

GOOD LUCK TO ALL!!!

DHA Phase 9 replied on Thursday, May 14, 2015 08:23 AM 

i totally agreed with ahmed. all readers kept in mind that dha phase 8 karachi 1 kanal plot is more than 3 caror now. you can calculate it with dha 9 prism in 5 years time.

niazi replied on Thursday, May 14, 2015 08:29 AM 

Its very simple. If 5 marla ivy green is going for28 to 32, then to that figure add a few lacs for phase 9 on account of better location and you get an approximate price post balloting

info replied on Thursday, May 14, 2015 08:30 AM 

Agreed with Sheru and lets see how the market behaves in coming months.
>