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Zeeshan
( 370 posts )

[102 Replies]
I am observing an increasing price trend again, or am I mis-judging the price tags that were in the winters and now. What do senior member suggest, is the prices of plots increase after Eid and till when until it dips down again as I see no balloting in near future for Phase 9 and possession for Phase 8?

    1860 days ago In Where to Buy
    Post Answer
    Irfan
    (1106 posts)
    Plot prices in DHA Phase 6, 7, 8 are increasing genuinly by end user. Phase-9 file price is increasing coz of other phases & Eid factor but it can come down after couple of months coz without balloting phase-9 price can not be stable. Phase-9 price increase is not reliable. After Eid, u can observe substantial buying in Phase-7 & Phase-8. All those people planning to construct home within next 2-3 years would buy plots in these phases.
      1860 days ago 

      Zeeshan
      (370 posts)
      Yeah thats correct, but phase 7 and 8 has matured its prices. I mean a kanal plot in phase 8 can never be greater then one in phase 5. Well i have seen the same trend that it increases from Eid till Late october and then slumps. Lets see what will happen this year.



      What about phase 8 z block. Is the file going to get materialized in the near future?
        1860 days ago 

        Hamid
        (18 posts)
        Any one about Phase 8 Z block files please.
          1859 days ago 

          Zeeshan
          (370 posts)
          Yes i have. But i think its not going up at the moment so i am holding to it. Well i dont have any idea when will be the balloting for it and also the location is not finalized so i am playing a gamble on it.
            1859 days ago 

            Irfan
            (1106 posts)
            Phase-7 & 8 prices are not matured as yet. Maturity needs possession & lots of houses construction. Even phase-6 prices are not matured and still rising. Phase-5 prices almost doubled last year that means even phase-5 wasnt mature till last year. Regarding Phase-8, once possession is given in 2-years then u will see the prices, it would be fastest increasing prices in dha.

            Refer Phase-8 Z-block, its proposed location is not good what i have heard. Its a very long term investment like Phase-9.
              1859 days ago 

              Zeeshan
              (370 posts)
              Good analysis by you Irfan, it seems development work by dha is at a very slow pace and yet there are plots in phase 5 which are being exchanged by dealers. Lets hope these figures continue till phase 8 possession is given.
                1859 days ago 

                Irfan
                (1106 posts)
                You are right brother, dha is quite slow in development. Every phase takes normally 8-9 years for development. U can see phase-5 M-block possession has not given as yet whereas more than half phase-5 is populated, same is the case would be phase-8 z-block. U can compare the 1-kanal file price in phase-8 z-block & phase-8 non z-block (huge difference).

                Why Phase-6, 7, 8 prices r increasing from last one month because these are solid investment. Customer can see the plot physically on ground & dont need to wait for years.
                  1859 days ago 

                  Irfan
                  (1106 posts)
                  One more important point, dont forget the knowledge park in Phase-7 which is mega educational project by govt of Punjab. Six International universities have signed MOU with GOP in May 2014. GOP has asked for EOI for international consultants, u can see it on HEC website. Once work kick of on ground for thismega peoject, then u can imagine its effect on Phase-7 especially Y & Z blocks.
                    1859 days ago 

                    Zeeshan
                    (370 posts)
                    Well thats a very good news and i didnt know about that. Thanx for sharing. So it means we still have juice left in phase 7 and 8.

                    But investing in these phases is already huge, I mean kanal in phase 8 is touching 1 crore so even if it goes to 2 crore that means only double, whereas if phase 9 file goes from 20 to 50, its more then double. So we need to see this difference as well.
                      1858 days ago 

                      Khalid khan
                      (5 posts)
                      @ Zeeshan







                      Phase 9 has no map no place announced. How much time will it take to announce place then map. After the map how much time will be taken in development. Kindly guide us. We think it is going to take another decade.







                      Will it be good to wait for so long.



                      What about prices inflation all over the world.
                        1858 days ago 

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