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HASSAN HAYAT
( 5 posts )

[45 Replies]
Is bahria town phase-8 extension going to have same fate as dha valley?

    348 days ago In Investors Advice
    Post Answer
    Khalid
    (647 posts)
    It would be a long term wait. If RRR project kicks off and MR managed to spend some money to get an access from the other side of the Phase 8 to somehow connect with the RRR the prices will increase. THe pace of development is damp slow and keeping in view the current circumstances of BT Rawalpindi, it would be better to invest near the route of RRR project like Private Land or upcoming, existing "NOC Cleared" societies rather then BT Extension would give better ROI. I would suggest to wait until the RRR kicks off then decide the best location for better returns.
      348 days ago 

      Nasir
      (201 posts)
      Khalid sb,



      Currently which cheap societies you recommend to buy file near ring road project because once RRR materialize, prices will shoot up and will be out of reach from lower income people
        348 days ago 

        Khalid
        (647 posts)
        Dear Nasir Sb,



        The prices will not shoot up rapidly, it would be a gradual increase.

        Currently, CSCI is the only society to have NOC and the pace of development is satisfactory.

        Other options includes (w/o NOC) Rudn Enclave, Kanyal Homes, Rose Valley (Small Project 250 Kanals only). If the NoC is cleared these projects will prove better in future.

        Blue World city is over sold, I m unsure about its future.

        The society which will take most benefit would be Rudn Enclave at the moment.

        (NOTE: Keep in mind if RRR project not kicked off these options become the other way around)
          348 days ago 

          Nasir
          (201 posts)
          Thanks you Khalid sb for your honest opinion
            347 days ago 

            Khalid
            (647 posts)
            You are most welcome, Nasir sb. Please share updates as per your working as well.
              347 days ago 

              Humayyun Raj..
              (154 posts)
              Eid is nearing. & demarcation of RRR is complete. 8 extension is awaiting for another jump now.
                79 days ago 

                Imtiaz
                (2310 posts)
                Hamayun sb, was there any jump at all in Ext. 'another' seems like skipping the one that never happened actually ...
                  79 days ago 

                  Mo
                  (29 posts)
                  What is going on with P8 Extension, can you actually buy allocated plots or is just files at present with dealers selling the dream and RRR being round the corner, when in reality it maybe 10 years :)
                    78 days ago 

                    Imtiaz
                    (2310 posts)
                    In PAK, when you extort money in advance for good/service to be delivered later, that money is spent elsewhere and than delivering good/service rarely happens (more than 90% of instances), lollipops keep coming from time to time. Ext. and Valley are living examples of that!!

                    No offence but as a matter of facts whole P8 thing stands on exploitation and deception. That phase was launched for low cost housing to facilitate the low income ones in early 2000s Awami Villas and Ext. Money taken, deliver like 10%, use that hard earned money from people into fancy boulevards to launch expensive projects and throw those early investors (who were shown and promised cost effective villas and plots) into Ext. or some in the air apartments!

                    ======
                    The classics saying: Fool me once, it's your fault, fool me twice it's my fault!!

                    Now MR with his sorry self and his cronies are trying to sell from Enclave 2 to KHI to Central Park and its not working! Whereas thee Smart City and alike projects that are in middle of now where are selling like hot cakes!!
                      78 days ago 

                      Yasir
                      (16 posts)
                      Last jump was in year 2013 when 10m file touched about 40lacs.after that...there was plunge (which couldnot be describe in words).
                        78 days ago 

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