Impact of Budget on DHA Lahore Phase 9 Prism Prices

Assalamualaikum, Lahore Real Estate Community! I’m Salman Masood from Lahore Real Estate, here to discuss the impact of the recent budget on DHA Lahore Phase 9 Prism. For more information, contact me at +92 322 4009967.

Budget Overview

On the 12th of this month, the budget was announced. We’re analyzing its effects on the real estate market, specifically in Phase 9 Prism. Our previous videos provided general updates on the pros and cons of the budget for real estate.

Phase 9 Prism Valuations

FBR Value: Around PKR 50 million.
Market Value:
- 1 Kanal Plots in A and R Blocks: Around PKR 15 million.
- Other Blocks: Approximately PKR 12.5 million.

Despite the stagnant market, there’s potential for slight increases in FBR valuations, though significant hikes are unlikely.

Impact on Property Values

FBR Valuation: The FBR value of properties in DHA Phase 9 Prism is currently below market value, resulting in no significant impact on buyer and seller costs. However, a slight increase in FBR valuation may occur, leading to a marginal rise in acquisition costs for buyers.

Taxation Changes

Capital Gains Tax:

A new tax of 15% has been introduced on short-term and long-term capital gains, except for transfers between family members.
This tax will not affect DHA Phase 9 Prism significantly as most holdings are long-term (over 30 months) and thus exempt from this tax.

Other Fees:

No changes have been made to transfer fees, membership fees, or stamp duty in DHA Phase 9 Prism.

Blockwise Rates of Plot Prices As of 24th June 2024

DHA Lahore Phase 9 (DHA9P) plot prices based on blockwise rates:

Block	Plot Size	Minimum Price (PKR)	Maximum Price (PKR)
Sec-A	1 Kanal	218	255
Sec-B	1 Kanal	160	205
Sec-C	10 Marla	120	135
Sec-C	1 Kanal	155	245
Sec-D	1 Kanal	170	265
Sec-D	2 Kanal	665	850
Sec-E	1 Kanal	140	240
Sec-F	10 Marla	128	150
Sec-F	1 Kanal	210	270
Sec-G	1 Kanal	215	250
Sec-H	1 Kanal	160	245
Sec-J	5 Marla	50	67
Sec-J	10 Marla	117	130
Sec-K	5 Marla	65	87
Sec-K	10 Marla	120	160
Sec-K	1 Kanal	180	210
Sec-L	10 Marla	103	140
Sec-L	1 Kanal	150	225
Sec-M	1 Kanal	165	220
Sec-N	1 Kanal	155	235
Sec-P	5 Marla	55	64
Sec-P	10 Marla	125	135
Sec-P	1 Kanal	150	245
Sec-Q	5 Marla	95	100
Sec-Q	10 Marla	170	175
Sec-Q	1 Kanal	210	255
Sec-R	5 Marla	65	93
Sec-R	10 Marla	130	175
Sec-R	1 Kanal	185	210

This table summarizes the minimum and maximum plot prices.

Investment Recommendations

Long-Term Holders: Those who bought before June 30, 2024, will not be impacted by the new capital gains tax.
New Buyers: Holding for 2-3 years is advisable for better returns.

Market Trends

Interest Rates: Expected to decrease below 12%, potentially boosting market recovery.
Transfer Activity: Currently low, averaging 20-22 transfers, but could surge to 100-200 with positive market shifts.

Conclusion

Phase 9 Prism remains a stable investment with no significant price drops expected. While short-term gains are challenging, long-term holders can expect good returns. For more information or to buy/sell plots, contact me at +92 322 4009967.

10 am - 07 pm

MB-46 DHA Phase 6,

+92-42-111-111-040

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Impact of Budget on DHA Lahore Phase 9 Prism Prices