THE REALTY DISCUSSIONS
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| SAIBAN ASSOCIATES REAL ESTATES |
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Today Our focus will be on DHA Phase 8
Residential Plots
DHA PHASE 8
This is where the action
has been in December 2016. The rumors were out at the start of December and
people were expecting the possession of S block by 29th December. This started
to stabilize the market and the prices started to rise up. However DHA gave
every one a nice surprise by announcing the overall possession of Phase 8. Yes,
a bit of development work is still to be done, but nothing to stop you from
starting constructing a house.
It would have been much
better if DHA announced the possession of S Block only and gave a date for the
remaining blocks in a couple of months. This would have sparked a lot of
trading opportunity in DHA Lahore Phase 8. However that did not happen and
therefore we may not see the prices of Phase 8 going very high initially.
We believe the prices in
Phase 8 will rise steadily now and the major catalyst will be the start of
house construction. Genuine buyers will prefer Phase 8 in times to come so
we will see a lot happening in 2017. In January we will see the price gain back
a bit on what they have lost in the previous months.
This is now the last
opportunity to gain some benefits in Phase 8, the prices will continue to go
upwards for a couple of years and will depend on the speed of the construction
& demand of genuine buyers. You can still gain 2 to 3 Million in next few
months on a quick trade.
Ex Park view of Phase 8
is a great option for a 2 Kanal plot, reasonably good plot is available in
almost 400 lacs and we believe that is the best area to buy a 2 Kanal plot in
this price.
4 Marla commercial files
of Ex Park View are trading at 250 to 270 lacs and we believe that they are
better than any other commercial files in DHA in these prices, we suggest that
you buy them as there is a strong possibility of balloting soon.
Keep Your Eyes and Ears
Open for:
·
Possession Updates
RECOMMENDATIONS
a. We strongly recommend
to buy residential plots on dips for investment or if you wish to make your own
house or buy 10 and 5 Marla plots in Y and Z block on dips.
b. Buy 4 Marla Shivpur or
Malikpur files in Phase 8 Ex Park View any where between 250 to 275 Lacs.
c. We will only recommend
you to buy 4 Marla commercial between 300 to 450 Lacs and 8 Marla between 600
to 800 Lacs in good areas
Saiban Associates always
open for REALTY related queries.
