![\"\"](\"http:\/\/www.zameen.com\/blog\/wp-content\/uploads\/2017\/04\/prism.png\")
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People who follow the real estate sector know that Lahore has been inching up and down in terms of prices, but has stayed largely stable in recent months. Short-term investors took a backseat after the tax implementation last year, and the market has not been the same since. On the other hand, long-term investors are not just active, they are in some ways keeping the market stable \u2013 and that is where DHA Lahore\u2019s Prism 9<\/a> comes in.<\/p>\n Development status<\/strong><\/p>\n Considering the fact that Prism 9 is so far the largest of all DHA Lahore phases, it will take a while before DHA is ready to offer possession here. Some experts believe that DHA can offer partial possession in the next five years, while others believe that the timeline maybe longer.<\/p>\n Short-term investors are not currently eyeing the phase because it is still in its development phase. Moreover, development isn\u2019t actually taking place at a fast enough speed, which is why if you are thinking of putting your money into the project, you should know that you will be doing it long term.<\/p>\n At this moment, development work is ongoing on the main boulevards and road avenues, but a lot still needs to be done. Those looking to see the impact of development work on property rates in this phase might need to wait a bit.<\/p>\n Market rate<\/strong><\/p>\n Prism 9 mostly features a good number of 1-kanal residential plots; 10-marla, 5-marla and 2-kanal plots are available but not in high numbers. In fact, Blocks J, H, K, L and R, are the only places where you can even find these options; all other blocks offer 1-kanal plots in Prism 9<\/a>.<\/p>\n <\/p>\n One-kanal residential plots are the most popular option in DHA developments, and have seen a higher demand, which is why investing in these plots is recommended.<\/p>\n Remember this: while picking a plot solely for investment purposes, you can compromise on the location only a little bit and that too if you have budget constraints.<\/p>\n Does the Lahore Ring Road matter? <\/strong><\/p>\n Some Blocks will give you better returns in the long run because of their location and proximity to the Lahore Ring Road (LRR). While the route isn\u2019t going to matter much at the moment because people don\u2019t currently live in Prism 9, it is going to cause price hikes of as much as 10% to 15% for the locality once LRR is inaugurated in August. Anyone claiming that price hikes could be more than this is not giving you the full picture \u2013 or perhaps doesn\u2019t have the full picture to begin with.<\/p>\n If you want to invest in the short term and profit from this 15% gain then go for Blocks H, F, K and J, since they all lie close to LRR\u2019s under-construction interchanges.<\/p>\n Should you invest right now?<\/strong><\/p>\n I would say go for it if you have the money. Any investment here, like I said before, will not be for the short-term. In the next five years, depending on the status of development work, property rates in Prism 9 can go up by more than 100%.<\/p>\n If you break up the price appreciation over a five-year period, the annual hike in terms of percentage comes to about 20%. Keep in mind that rates will go up more noticeably once development work goes towards the final stages \u2013 this could happen any time after three years. During the next one or two years the market value can safely increase by 30% to 40%.<\/p>\n That is all the advice I have for you all right now. Have something to add to this piece? Let me know what you think in the comments section below.<\/p>\n","protected":false},"excerpt":{"rendered":" People who follow the real estate sector know that Lahore has been inching up and down in terms of prices, but has stayed largely stable in recent months. Short-term investors took a backseat after the tax implementation last year, and the market has not been the same since. On the other hand, long-term investors are not just active, they are in some ways keeping the market stable \u2013 and that is where DHA Lahore\u2019s Prism 9 comes in. Development status Considering the fact that Prism 9 is so far the largest of all DHA Lahore phases, it will take a while before DHA is ready to offer possession here. Some experts believe that DHA can offer partial possession in the next five years, while others believe that the timeline maybe longer. Short-term investors are not currently eyeing the phase because it is still in its development phase. Moreover, development isn\u2019t actually taking place at a fast enough speed, which is why if you are thinking of putting your money into the project, you should know that you will be doing it long term. At this moment, development work is ongoing on the main boulevards and road avenues, but a lot…<\/p>\n","protected":false},"author":18,"featured_media":25392,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15018,15019],"tags":[3770],"persona":[],"class_list":{"0":"post-25391","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-opinion","8":"category-research-analysis","9":"tag-latest-update-on-dha-lahore-phase-9-prism-9","10":"cat-15018-id","11":"cat-15019-id"},"acf":[],"yoast_head":"\n\n\n
\n Block<\/td>\n Plot Size<\/td>\n Price Range<\/td>\n<\/tr>\n \n A<\/td>\n 1 Kanal<\/td>\n PKR 9,500,000 – PKR 14,000,000<\/td>\n<\/tr>\n \n B<\/td>\n 1 Kanal<\/td>\n PKR 8,000,000 – PKR 12,500,000<\/td>\n<\/tr>\n \n C<\/td>\n 1 Kanal<\/td>\n PKR 8,000,000 – PKR 13,500,000<\/td>\n<\/tr>\n \n 10 Marla<\/td>\n PKR 6,000,000 – PKR 7,500,000<\/td>\n<\/tr>\n \n D<\/td>\n 1 Kanal<\/td>\n PKR 7,500,000 – PKR 14,000,000<\/td>\n<\/tr>\n \n 2 Kanal<\/td>\n PKR 24,500,000 – PKR 28,000,000<\/td>\n<\/tr>\n \n E<\/td>\n 1 Kanal<\/td>\n PKR 7,500,000 – PKR 13,000,000<\/td>\n<\/tr>\n \n F<\/td>\n 1 Kanal<\/td>\n PKR 8,500,000 – PKR 13,500,000<\/td>\n<\/tr>\n \n 10 Marla<\/td>\n PKR 6,500,000 – PKR 8,000,000<\/td>\n<\/tr>\n \n G<\/td>\n 1 Kanal<\/td>\n PKR 8,000,000 – PKR 12,000,000<\/td>\n<\/tr>\n \n H<\/td>\n 1 Kanal<\/td>\n PKR 7,500,000 – PKR 13,000,000<\/td>\n<\/tr>\n \n J<\/td>\n 10 Marla<\/td>\n PKR 6,000,000 – PKR 7,500,000<\/td>\n<\/tr>\n \n 5 Marla<\/td>\n PKR 3,200,000 – PKR 4,500,000<\/td>\n<\/tr>\n \n K<\/td>\n 1 Kanal<\/td>\n PKR 8,000,000 – PKR 11,500,000<\/td>\n<\/tr>\n \n 10 Marla<\/td>\n PKR 5,500,000 – PKR 7,000,000<\/td>\n<\/tr>\n \n 5 Marla<\/td>\n PKR 3,200,000 – PKR 4,500,000<\/td>\n<\/tr>\n \n L<\/td>\n 1 Kanal<\/td>\n PKR 7,500,000 – PKR 13,500,000<\/td>\n<\/tr>\n \n 10 Marla<\/td>\n PKR 5,500,000 – PKR 7,000,000<\/td>\n<\/tr>\n \n 5 Marla<\/td>\n PKR 3,200,000 – PKR 4,200,000<\/td>\n<\/tr>\n \n M<\/td>\n 1 Kanal<\/td>\n PKR 7,500,000 – PKR 12,000,000<\/td>\n<\/tr>\n \n N<\/td>\n 1 Kanal<\/td>\n PKR 7,500,000 – PKR 12,000,000<\/td>\n<\/tr>\n \n P<\/td>\n 1 Kanal<\/td>\n PKR 8,000,000 – PKR 13,000,000<\/td>\n<\/tr>\n \n Q<\/td>\n 1 Kanal<\/td>\n PKR 8,000,000 – PKR 14,000,000<\/td>\n<\/tr>\n \n R<\/td>\n 1 Kanal<\/td>\n PKR 7,500,000 – PKR 11,500,000<\/td>\n<\/tr>\n \n 10 Marla<\/td>\n PKR 6,000,000 – PKR 8,000,000<\/td>\n<\/tr>\n \n 5 Marla<\/td>\n PKR 3,200,000 – PKR 4,500,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n