Defence Housing Authority, or DHA, is known throughout the country for its well-planned housing communities. One of DHA’s oldest projects is in Lahore, where newer phases are being consistently developed, keeping the society at the forefront of all the real estate happenings in the city. DHA, Lahore, features a range of plots in varying sizes in every phase, but we’re here to discuss the best phases for 10 marla plots in DHA, Lahore.
Average Price of 10 Marla Plots in DHA, Lahore
We’ll discuss three of the most popular phases of DHA, Lahore, below, along with giving you a deeper insight into why they’re so popular among investors and what the average price of 10 marla plots is like in each. But first, let’s dive into a detailed overview of the average price trends for 10 marla plots in DHA, Lahore.
As detailed in the table above, Phases 1, 2, 3, 4, 5, and 6 of DHA Lahore have the highest average prices, since these are the oldest sectors. All of these are also fully developed, with Phases 1 to 5 being close to the main boulevard of DHA, Lahore, making their location ideal for residence and investment.
Moreover, Phase 6 enjoys proximity to the Lahore Ring Road, which keeps it at the top of the pack in terms of price. As per the table above, we can also see that the average cost of 10 marla plots in Phase 9 Town is somewhat similar to the average price of same-sized plots in older phases. This is because Phase 9 is divided into two parts, with the town being fully developed and ripe for investment.
In contrast to the above, we can see that Phases 7, 8, and 9 Prism are on the lower end of the spectrum when it comes to average prices, primarily because these phases are still being developed and continue to witness fluctuations in prices as per the prevailing market conditions and the pace of development. While DHA, Lahore, Phase 7, is nearly 90% developed, Phase 8 is still seeing steady development in extensions such as Block Z (IVY Green). As such, prices of plots are bound to increase in Phase 8 once the newer blocks have been developed and are ready for possession. The same can be said for DHA Phase 9 Prism and its 16 sectors from Blocks A to R, all of which are under development. However, Phase 9 Prism might require until 2021 to be entirely developed and ready for possession.
Most Popular Phases for 10 Marla Plots in DHA, Lahore
As per the above infographic, certain phases in DHA, Lahore, are more popular than others, with Phase 6, 7, and 8 leading the pack, followed by Phase 5 and Phase 9 Prism. We’ll discuss three of the best phases in DHA, Lahore, in detail below.
DHA Phase 6
As per the user data we’ve recorded on Zameen.com regarding the best phases for 10 marla plots in DHA, Lahore, Phase 6 is the most popular sub-district, and there are several reasons for this popularity. The first of these is that after Phases 1 to 5, DHA Phase 6 is one of the most organised and developed phases of DHA, Lahore, which attracts the attention of plenty of investors.
What’s more, the location of Phase 6 places it near the Lahore Ring Road, with Phase 8 to its north, Phase 7 to its east, Phase 9 to its south, and Phase 5 to its west. A wide main boulevard and well-paved roads throughout the development ensure that commuting is not a problem for residents and visitors. Furthermore, the phase features underground cabling and plumbing for the supply of utilities, besides having its own water filtration plant, a sports complex, and beautifully landscaped parks that are frequently visited by residents of the community. A dedicated commercial area, along with the presence of the Defence Raya Golf Resort near Block K, are some other features that make Phase 6 one of the top picks of buyers and investors.
DHA Phase 6 comprises Block A to N, with both residential and commercial plots as well as houses being available for sale in various sectors. However, most of the 10 marla plots in DHA Phase 6 can be found in Blocks A, D, and E, with the average price of 10 marla plots in Phase 6 being PKR 1.49 crore. Among these three blocks, each has its own perks. Block A not only hosts a sports complex, but it is also located closest to the Lahore Ring Road and the commercial area of Phase 6. Meanwhile, Block D and E will be built around the Jamia Mosque and will be home to several parks along with small commercial shops. Block E is adjacent to the Pakistan Kidney and Liver Institute and Research Centre (PKLI&RC), which opened its doors to the public in 2017 and has successfully taken care of more than 40,000 patients every year since then.
DHA Phase 7
Phase 7, DHA, Lahore, comes second when we consider the best phases for 10 marla plots in DHA, Lahore, as per the data compiled from Zameen.com. Located on Barki Road, adjacent to Phase 6 and the Defence Raya Golf Resort, the sector consists of Blocks P to Y, along with Blocks Z-1 and Z-2. Phase 7’s proximity to the golf course, as well as the Knowledge City, is what makes it a favourite among investors and buyers, particularly families.
The average price of a 10 marla plot in Phase 7 is PKR 73.59 lakh, with Blocks T, U, and Y being the most popular sub-districts. As per the latest updates, the construction of plots is rapidly nearing completion in all the sectors. However, Block U is often a favourite among investors because of being centrally located in Phase 7. Meanwhile, Blocks T and Y will both be home to small commercial districts, allowing people to meet their everyday shopping needs conveniently. Block T will also become home to the Jamia Mosque of Phase 7.
DHA Phase 8
Moving on, our research on the best phases for 10 marla plots in DHA, Lahore, has revealed that Phase 8 is the next most-popular sub-district among investors. Considering that Phase 8 has 5 sub-districts, there’s a lot of investment potential in the locality. Aside from Phase 8 Proper, which contains Blocks S to Y, Air Avenue, Park View, Commercial Broadway, and Block Z (Ivy Green) are also included in Phase 8.
Phase 8 Proper is situated on the stretch of land between Barki Road and the Lahore Ring Road, along the main boulevard of Phase 6. To its north is Air Avenue, with Blocks L to N and P to R, and further up north is Park View, with Eden City lying in the middle of these two projects. Park View is a residential sector located opposite the Allama Iqbal International Airport and comprises Blocks A to K, while Commercial Broadway is an entirely commercial district situated in the west of Air Avenue. Meanwhile, Block Z is home to the IVY Green project and is located on the other side of Barki Road, between the Khaira Distributary and the Banbawali-Ravi-Bedian Canal. It comprises Blocks Z1 to Z6.
The average price of 10 marla plots in Phase 8, DHA, Lahore, is PKR 93.58 lakh. Here, the most popular sectors with 10 marla plots for sale are Block Y in Phase 8 Proper, which contains the Sports Complex for Phase 8, Block N in Air Avenue, and Blocks Z3, Z4, and Z5 in Sector Z, located on the eastern side of the IVY Green project. IVY Green is about to become a luxury living project in DHA, Lahore, and, thus, is a magnet for potential investors.
This wraps up our analysis on the best phases for 10 marla plots in DHA, Lahore, as per our user data. Stay tuned to Zameen Blog as we’ll also be bringing you property and market analysis on 1 kanal plots in DHA, Lahore, as well as 5 marla and 10 marla plots in Bahria Town, Lahore. Email us at firstname.lastname@example.org if you have any questions about Lahore’s real estate market and we’ll get back to you shortly.