Congratulations to all file holders for now having a plot in DHA. I personally had three files and have reasonable location plots.
That said, I must be honest and admit that I am rather disappointed with Phase 9 map. There was so much hue and cry about DHA 9 Prism being the "best" phase ever and all the stories about "state of the art" this and that. The map shows that phase 9 is at best an AVERAGE phase with all the usual issues which all other phases faced (atleast 3/4 villages, drain, factories) etc. Yes some blocks are nicer but a LOT of blocks have one issue or the other (either there is a graveyard or a village, or a nallah or some poorly developed society attached to it.
The whole myth that it took DHA 15 years to ballot this phase because they were busy "clearing" all villages has turned out to be a myth indeed and frankly, with the amount of villages and uncleared pockets, it will take atleast another 8 to 10 years to develop this phase.
In my humble opinion and without any bias, now that phase 9 map is out, it has become clear that from a development, overall appeal, location and feel stadpoint, phase 6 TOPS the chart followed by phase 8 and 5.
Also, I firmly believe that now Phase 7 will see a huge rise. I personally know friends and family members who bought in phase 9 about 12 year ago at 45 lacs per kanal and have only waited to exit this investment at a reasonable time so they can buy and onground plot and construct in the next 3 years.
Finally, I also believe that DHA 9 town would see a decent rise in coming years as this is the part of phase 9 which physically exists and you can see the plot on ground.
In the long run (10 years +), assuming DHA is able to get all these villages and pockets cleared in Phase 9 and get the drain covered, DHA 9 will be the hottest selling phase because by then, phase 6 will be packed, phase 7 will not be affordable any more and will be 35% to 50% built already and phase 9 will be the only viable option for new ownwers.
Jameel replied on Saturday, May 16, 2015 09:02 AM
100% Correct and balanced analysis, all good is not a news but a "Hosla" |
Akmal replied on Saturday, May 16, 2015 09:03 AM
@Sheu, although its heart breaking but I totally agree with your analysis. Phase-9 will be hot after ten years which is veryyy long time. |
info replied on Saturday, May 16, 2015 09:10 AM
Logical and rationale and you appear to be a courageous person Sheru for admitting all these negatives while being an investor in Phase 9. |
MBS replied on Saturday, May 16, 2015 09:11 AM
Very good analysis sheru except that u missed the upcoming phase 8 possession in about 2 years, which may keep 9 prices further down and shadowed even longer |
Akhtar replied on Saturday, May 16, 2015 09:19 AM
Same here, very disappointed, on top of all this, Phase 9 has become game in the hands of dealers, buy sell promotion by dealers, same like Bahria;( |
Ahmed UAE replied on Saturday, May 16, 2015 09:22 AM
Sheru, keep it up, nice work and analysis. would u mind to write here the development charges for all category plots of Phase 9 prism |
Ahmed UAE replied on Saturday, May 16, 2015 09:22 AM
Sheru, keep it up, nice work and analysis. would u mind to write here the development charges for all category plots of Phase 9 prism |
IbrahimDXB replied on Saturday, May 16, 2015 09:28 AM
Sheru's point of view is almost same as we all are feeling that the master plan is not as we were expecting after long time. One of the reason is also there were a lot of hype were created about its master plan, access and location but at the end is not appreciated much. For small community houses J block has the worse location and disappointed small investors or who are seeking to build home there. In my opinion DHA Town is the winner in small community houses.
Although my both 5 m plots are at good location but overall not happy with master plan. Its one reason is also due to a long boundary, many villages inside and pockets could not be cleared yet. Phase 7 who was blamed as ignored phase will be on track and more room to grow.
At the end we all must be thankful to Almighty Allah that at least we have plot there while there are millions of people who even can not think over to have plot there. Mubarakbad to all and best of luck. No need of much disappointment as the world is ahead to move. You may be disagree and have own feeling and observations.
regards and have a nice day. |
