{"id":18280,"date":"2016-01-04T10:01:36","date_gmt":"2016-01-04T05:01:36","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=18280"},"modified":"2017-12-11T12:30:31","modified_gmt":"2017-12-11T07:30:31","slug":"whats-up-with-dha-city-lahore","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/whats-up-with-dha-city-lahore.html","title":{"rendered":"What\u2019s up with DHA City Lahore?"},"content":{"rendered":"

\"DHA-City\"<\/a><\/p>\n

Well, nothing much, which is the point of this post. Launched almost 5 years ago, DHA City has become a massive headache for its investors, as they are clueless about its status. Even the location of the project has not been announced officially, but its plot files are still being traded in the market. I will discuss file prices later in this post.<\/p>\n

Rumours abound in the market about this project. Some say that the DHA will acquire Park View Villas, an embattled housing project on Multan Road, and merge it with DHA City to provide access to the project, but the DHA has not given its official version on this yet.<\/p>\n

According to sources, the most likely location for DHA City is at the back of Park View Villas. If Park View Villas is merged with DHA City, the latter will get direct access from Multan Road. Otherwise, people will have to use M2-Motorway to access the locality, which doesn\u2019t seem to be a feasible idea. Another rumour: a road will be built from Multan Road alongside M2-Motorway to provide direct access to DHA City, but that\u2019s all conjecture.<\/p>\n

A real estate agent who requested not to be named told Zameen.com that the DHA will most probably announce the location of the project this month. He also said that the project will be completed within 3 years. A tall claim indeed, given that even the project\u2019s location is not yet known. Once again, only an official announcement from the DHA in this regard will clarify the situation.<\/p>\n

Let\u2019s talk about prices in the locality.<\/p>\n

DHA City features plot files of 5 marlas, 10 marlas and 1 kanal. Please see the table below to get an idea of the current market prices.<\/p>\n\n\n\n\n\n\n
Plot File<\/strong><\/td>\nLaunch Price<\/strong><\/td>\nCurrent Average Price<\/strong><\/td>\nDifference<\/strong><\/td>\n<\/tr>\n
5 marla<\/td>\nPKR 990,000<\/td>\nPKR 1,040,000<\/td>\nPKR 50,000 (profit)<\/td>\n<\/tr>\n
10 marla<\/td>\nPKR 1,990,000<\/td>\nPKR 1,700,000<\/td>\nPKR 290,000 (loss)<\/td>\n<\/tr>\n
1 kanal<\/td>\nPKR 3,790,000<\/td>\nPKR 3,100,000<\/td>\nPKR 690,000 (loss)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Note:\u00a0<\/strong>The figures mentioned in the table have been provided to us by Yasir Aziz of Quaid Associates. You can contact him at 03228888762.<\/p>\n

Our Take<\/strong><\/p>\n

Considering the fact that Park View Housing Society has been acquired by the DHA and merged with DHA Phase VIII in the past, there is some possibility that Park View Villas may also be acquired. I personally believe that the acquisition will be in favour of the project as well as its investors. If the DHA were to announce this acquisition, file prices would increase and investor confidence would spike immediately.<\/p>\n

I even tried to reach DHA City\u2019s law officer to get an insight into the DHA\u2019s plans about the project, but to no avail.<\/p>\n

That is all about DHA City for the day. I suggest you do not take any investment decision on the basis of mere rumours, so better wait for an announcement from the DHA, which could come sooner rather than later. You never know!<\/p>\n","protected":false},"excerpt":{"rendered":"

Well, nothing much, which is the point of this post. Launched almost 5 years ago, DHA City has become a massive headache for its investors, as they are clueless about its status. Even the location of the project has not been announced officially, but its plot files are still being traded in the market. I will discuss file prices later in this post. Rumours abound in the market about this project. Some say that the DHA will acquire Park View Villas, an embattled housing project on Multan Road, and merge it with DHA City to provide access to the project, but the DHA has not given its official version on this yet. According to sources, the most likely location for DHA City is at the back of Park View Villas. If Park View Villas is merged with DHA City, the latter will get direct access from Multan Road. Otherwise, people will have to use M2-Motorway to access the locality, which doesn\u2019t seem to be a feasible idea. Another rumour: a road will be built from Multan Road alongside M2-Motorway to provide direct access to DHA City, but that\u2019s all conjecture. A real estate agent who requested not to be named…<\/p>\n","protected":false},"author":14,"featured_media":18281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[2522,2523,2524,2526,2525],"persona":[],"class_list":{"0":"post-18280","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-current-status-of-dha-city-lahore","8":"tag-dha-city-lahore-news-and-updates","9":"tag-news-about-dha-city","10":"tag-news-about-dha-city-lahore","11":"tag-status-of-dha-city-lahore"},"acf":[],"yoast_head":"\nWhat\u2019s up with DHA City Lahore? - Zameen News<\/title>\n<meta name=\"description\" content=\"Well, nothing much, which is the point of this post. 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