info replied on Wednesday, July 22, 2015 06:43 AM My honest opinion is that you may not be able to get rental income from prism 9 commercial in 5 years time, if that's what you plan. People will say that development and house construction will be done in 5 years but this has never happened in DHA earlier, though it has always been promised as such. My advice is to visit the area yourself including phase 8 (latest phase with development started in 2012 and again promised to be developed in 3 years time) and make your own opinion. |
AR-Riyadh replied on Wednesday, July 22, 2015 07:09 AM I 100% agree with info, think carefully before you decide. |
Ahmet replied on Wednesday, July 22, 2015 07:56 AM Abdul, gain on z1 & z2 will be enormous but can't say if plaza can be constructed 5 years. |
Abdul Hameed replied on Wednesday, July 22, 2015 08:34 AM Dear info & AR thanks for yours suggestion, my time frame are just idea & approximately of my UAE Job.(Can be little bit more). I am not wish to leave UAE until they pull me back (Joke) because my pay are good. What are the idea for Z1 & Z2 commercial plot 8 Marla capital gain? As Ahmet Bhai said if i can,t make plaza after five years what will be its prices? is it fruitful investment on today prices? |
sk replied on Wednesday, July 22, 2015 08:43 AM go for either 4 marla or 8 marla file in DHA-6. 4 marla is around 4 crore and 8 marla around 6.2 crores. both are great options |
Ahmet replied on Wednesday, July 22, 2015 10:38 AM @Abdul, I do not have enough experience on the commercial side to comment. I am researching for myself nowadays and I believe DHA Commercial Broadway, Phase 6 and Prism Zone 1 to be great locations for 8 marla. However price difference is huge among these. Maybe you should call Salman from LRE to have a more meaningful discussion? |
INFO replied on Wednesday, July 22, 2015 10:50 AM DHA PHASE 6 4 MARLA COM FILE AT 26 MILLION RS 8 MARLA COM FILE AT 42.5 MILLION RS. HOPEFULLY GET PLOTS IN E OR A BLOCK AGAINST COM FILES. |
info replied on Thursday, July 23, 2015 07:57 AM Dear Abdul Hameed, max capital gains in commercial are when residential is substantially developed for simple reason that commercial caters to residential. It is when commercial buildings could potentially be given on rent that max potential is realized. Also, keep time value of money into account as return of 2.5 times in around 10 years time aren't that good returns for commercial in DHA. I think there are many better options available. Think it otherwise that for example what would you do if you an option of spending around 450 to 500 on prism 9 commercial that could give you max 1250 in around 10 years or you spend somewhere else which is near development, gain quickly in terms of capital and potential rental. Also, remember that all DHA Lahore commercial areas cater to residential around them so look for areas having large local residential developed. I live in Gulberg but hardly ever go to DHA for shopping and in the end all DHA commercial areas reach similar value, for example look at DHA phase 4 CCA. |
Abdul Hameed replied on Saturday, July 25, 2015 05:10 AM Dear info brother can you guide some area where to invest in commercial for maximum gain. I am like yours observation and wish to mentioned area for gain quickly in terms of capital and potential rental. |