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Defence Housing Authority (DHA) Lahore seems to be in the news for some reason or the other. And this time I\u2019ve got an update for you guys on DHA Lahore Phase XI. Plots in the society are up for possession, and are on their way to becoming a sure-fire hot locality for investors.<\/p>\n
DHA Phase XI comprises of DHA Rahbar Phase I, Phase II, Phase II Extension and Haloki Gardens. It is located on Defence Road, opposite Valencia Town. Unlike almost all other phases, DHA Phase XI essentially features smaller plots.<\/p>\n
Like many other societies in Lahore, property rates here struggled against low demand and dropped during the second half of 2016. After seeing a price drop of about 20% during the latter half of 2016, DHA Phase XI has now stabilised. In other words, property rates have remained largely stable throughout January 2017. But could the rates go up in the days to come? Yes, and let me tell you why.<\/p>\n
You must be aware that DHA Rahbar\u2019s Transfer and Record office has been shifted to DHA\u2019s Main Office Complex in Phase VI, Lahore. Moving sale-related operations to the main complex will invoke the interest of a bigger number of real estate agents in Phase XI, as many property dealers now believe that assisting genuine property buyers is the way to go forward.<\/p>\n
In addition to this, property rates in DHA Rahbar Phase I, II, II-Extension and Haloki Gardens are also well within a reasonable bracket at the moment. Property rates here have a decent margin to go up. Keep in mind that property possession is available throughout this phase. DHA Rahbar Phase I is partially inhabited, while Rahbar\u2019s Phase II, Phase II Extension and Haloki Gardens currently have no population, which is why property rates in Rahbar Phase I are higher in comparison to other phases.<\/p>\n
The other factor that\u2019s destined to make DHA Phase XI a lot more attractive, for potential home buyers and investors, is the under-construction southern loop of Lahore Ring Road (LRR). Punjab Chief Minister Shahbaz Sharif announced a few days ago that a 22.4 kilometre patch of the LRR will open for traffic by July this year. With LRR becoming functional, DHA Phase XI will be a lot closer to important parts of the city, including Mall Road, Kalma Chowk and Allama Iqbal International Airport.<\/p>\n
Given the current situation, I think that DHA Phase XI could be the highlight of the real estate sector for many months to come.<\/p>\n
Note: Some of the information quoted in this article is sourced from SA Associates CEO Farhan Mir. Should you require more details, call him\u00a0at +92-323-403-0202<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Defence Housing Authority (DHA) Lahore seems to be in the news for some reason or the other. And this time I\u2019ve got an update for you guys on DHA Lahore Phase XI. Plots in the society are up for possession, and are on their way to becoming a sure-fire hot locality for investors. DHA Phase XI comprises of DHA Rahbar Phase I, Phase II, Phase II Extension and Haloki Gardens. It is located on Defence Road, opposite Valencia Town. Unlike almost all other phases, DHA Phase XI essentially features smaller plots. Like many other societies in Lahore, property rates here struggled against low demand and dropped during the second half of 2016. After seeing a price drop of about 20% during the latter half of 2016, DHA Phase XI has now stabilised. In other words, property rates have remained largely stable throughout January 2017. But could the rates go up in the days to come? Yes, and let me tell you why. You must be aware that DHA Rahbar\u2019s Transfer and Record office has been shifted to DHA\u2019s Main Office Complex in Phase VI, Lahore. Moving sale-related operations to the main complex will invoke the interest of a bigger number…<\/p>\n","protected":false},"author":18,"featured_media":24860,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[3685],"persona":[],"class_list":{"0":"post-24859","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-latest-update-on-dha-rahbar-phase-11-lahore"},"acf":[],"yoast_head":"\n