DHA Lahore Property Market Report July
Present Market Condition
The real estate kept on growing steadily in the previous month of June and generally stayed stable aside from some drawback in commercial files of DHA. The Dollar cost has ascended against PKR and that is a main change in the costs for expats. In fact as it were property in Pakistan has dropped by at less 5% against dollar. Some would say that dollar may go up progressively however nobody can ever be 100% sure. Anyway from past encounters one should realize that any further sharp increment in dollar isn’t expected any time soon and can achieve 1 USD = 130 PKR in one year time. So the topic of the month is should we put resources into real estate when we see USD acknowledging in times to come. Because we don’t know whether USD will increment and change in Govt in Pakistan after General elections of 2018 may really help PKR against the USD, also 1 Lacs USD would increment by 7 to 10 lacs regardless of whether we imagine that USD will go higher against PKR and in real estate sector we may discover property costs ascending by more than 20 to 30 Lacs in a similar time period in selected areas. So everything descends to your own personal risk and weather you have foreign resources in USD or not.
DHA Lahore Phase 1 to 5
Goldcrest DHA Lahore Mall and Residency project is out playing out my desires, the one bed and two bed apartments are all sold out and on resale the demand is around 18000 for each sqft. Development works has begun on the ground floor. As i see the commercial possession. This is the first mall of DHA Lahore and is anticipated by the occupants with extraordinary good faith.
DHA Lahore Phase 6
DHA Lahore Phase 6 stays steady as regular and keeps on grow slowly gradually. The MB plot costs on the main road are on the higher agree with a demand of 110 Million to 120 Million. The last plot sold on main road around 105 Million. Phase 6 is a model phase if you are looking for for rental returns, homes and business along with better gain in both residential and commercial sector. E block ext possession is expect in up comings months and may give a window short term trades.
- Purchase residential plots in Phase 6 for safe investment as it will keep on growing consistently finished the years.
- Great chance to purchase business on Main MB before N and L Blocks of Phase 6 and P block of Phase 7.
DHA Lahore Phase 7
DHA Phase 7 are currently stable and no further drawback is expected at this point. 4 Marla commercial file is at its most reduced in years and might be a decent short term trade.
5 Marla residential files are a decent opportunity also to purchase under 35 Lacs.
- Phase 7 isn’t generally the best investment choice. However is most appropriate option that you have restricted budget plan to build a house. Presently it is making some to invest in Phase 7 at lower prices, specially that you intend to hold it for a year or more.
- Purchasing 5 Marla file between 34 to 36 Lacs is a decent investment. If you are searching for little investment opportunities .
DHA Lahore Phase 8
DHA Phase 8 is the most secure bet in DHA Lahore as an ever increasing number of houses keep flying up. This is one place where you are hundred percent sure that costs will go higher in couple of years. The area of Phase 8 far supersedes that of Phase 9 Prism or some other Phase of DHA Lahore.
DHA Phase 8 Broadway
Broadway commercial has been balance and no significant change is expected any circumstances soon. Regardless it remains my most loved long term commercial investment.
DHA Phase 8 Ex Park view
Ex Park view of Phase 8 is an ideal choice for real buyers and the costs are yet my most loved for a 2 Kanal plot. Sensibly great plot is available in just about 400 lacs and I trust it is the best region in whole DHA Lahore to purchase a 2 Kanal plot in this cost.
4 Marla commercial files of Ex Park View are at its most reduced in 3 years, I was not expecting that it should drop as low as 225 Lacs however now you can get it in this cost. Most likely deferrals in the balloting is spreading negative vibes in the market. Anyway this is only a signal to purchase at lower costs. For the individuals who have purchased files in the past my suggestion is to hold it till costs go up close to 300 Lacs. The drop in files prices a few times can be a fake drop to use an opportunity to purchase on lower costs from investors. Such wonders are extremely normal and you will see that regularly if you are a file trader.
DHA Phase 8 Z Block Ivy Green
Z Ivy green is currently on the drawback and we may see slight change in months to come, if you have a 10 Million budget for investment, this might be the right time to purchase a plot of 1 Kanal in Z Ivy green as its possession is expected in 2019 max.
- We strongly suggest you to purchase residential plots for investment
- Purchase 4 Marla Shivpur or Malikpur files in Phase 8 Ex Park View between 220 to 250 Lacs.
- We will recommend you to purchase 4 Marla commercial between 400 to 500 Lacs and 8 Marla between 750 to 950 Lacs in great regions of Broadway.
DHA Lahore Phase 9 Town
DHA 9 Town all time high and time to sell for those who are short term investor. It might give 5 to 15% rise in an year. However I won’t think about it as an awesome investment at these costs. Best is to purchase plots around 6 Million for max returns.
- Costs may ascend higher currently offer ideal returns since I gave a flag to purchase 7 months back. If you purchased since Oct 2017 now I will suggest selling out and leaving securely with max benefits. If your investment purpose was to make money only. Those who have bought at higher costs , you may wait for a couple of more months.
DHA Lahore Phase 9 Prism
DHA 9 prism is a decent investment for long term point of view just as the costs have risen again by 5 to 10%. I would wait a bit at costs to go down again to purchase once more.
On other side Commercial prices are high in 9 Prism and are completely inflated. Hence if they don’t go down much they are not expected rise too so will be a dead investment for a couple of years.
- Purchasing recommended right now for long term investment only.
- Hold it for long term or sell during boom.
DHA Lahore Phase 10
Trading between 52 to 55 Lacs and not under any condition a purchase zone for us. Predicting about Phase 10 might be hard right now anyway it is a decent yet at 45 Lacs and underneath.
- It is smarter to wait now at costs to slip and make a short term trade,if it came to 45 Lacs.
DHA Phase 11 Rahber
DHA Lahore marketing about the balloting of DHA Rahber. However it has not declared a correct date. Commercial investment is the best option if you have 20 Million.
- While we suggest purchasing 4 Marla commercial at 190 Lacs for a Short term investment.
- However residential file trading at 30 Lacs which again not an exceptionally cost for investment.