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April 2018 DHA Lahore Property Market Report

April 2018 DHA Lahore Property Market Report

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MRA – April 2018 DHA Lahore Property Market Report

Disclaimer :  MRA (Monthly Real Estate Analysis) – April 2018 DHA Lahore Property Market Report is a general guideline and does not cover all aspects of the market. The real estate trends vary even within blocks of the same phase and for a layman it gets very complicated and confusing. You can now download our APP from Google store and read latest news and developments or book an appointment for consultancy.

Imlaak is accepting a one crore rupee challenge, where we will make it 5 to 6 crores  in just 10 years, watch video below.

Present Market Condition

The market continues to improve further for the time being in March and is expected to continue like this throughout April and a few more months before elections. The biggest news is the latest tax amnesty scheme announced by the Govt and abolishing DC and FBR rates. This means that after July 2018 all transactions will be done on realistic market values. In addition any one who is not a filer will not be able to purchase property with a value of more than 4 Million. In my opinion it is a great step to regulate the real estate market and abolishing complicated tax system. However changes are always hard to accept and this may not be easy for our rotten systems to digest as well.

As suggested previously next few months before elections may be a good time to take an exit if you are not planning to hold your investment longer than 2018 however in contrary for long term investors, this may be a good time to invest and buy property.

Lets have a look at each sector of DHA Lahore one by one:

DHA Phase 1 to 5

Goldcrest DHA Lahore Mall and Residency project continues to be one of the best investments of DHA Lahore as of now. Almost 50% of the project has been sold out already and we are looking at even more sales in coming months as the on going media campaign and the grand launch event in April will further strengthen the momentum of the entire project. The breath taking model apartments are also available now for visit.

Watch the video below for a tour of model apartments in Goldcrest Mall.

M block is generally going down after the high and i believe that this area will continue to drop 10 to 15 % over next few months.

DHA Phase 6

DHA Lahore Phase 6  remains stable as usual and continues to grow slowly. The main attraction has been the MB plots on the main road. I may have under valued them in my assessments in the past and i do take the blame. The price of main MB plot has risen to almost 11 crores, though no transaction has yet taken place in that high price.  I have suggested in the past that the prices may rise up to 13 – 15 crores in future and I think the rise in prices is part of that trend. The interest of retail outlets in main MB may be the secret ingredient which is pushing the prices higher. I will not be surprised if in next 2 to 3 years the prices reach a higher benchmark.

Do not buy in Phase 6 E ext as of now as 9 town offers better investment potential.

Recommendation

a. Buy residential plots in DHA Lahore phase 6 for safe investment as it will continue to grow steadily over the years.

b. Good opportunity to buy commercial on Main MB in front of N and L Blocks of Phase 6 and P block of Phase 7.

DHA Phase 7

(No change from the previous month)

DHA Lahore Phase 7 has slowed down and the prices have taken a dip specially in lower portions of X, U , T and Y block which are not in possession. If you are an investor and looking for some small but safe and sure growth Phase 7 may be a good option. Do remember that due to over all slow market do not expect more than 10% gains in an year and any thing above that is a bonus.

5 Marla residential files of Phase 7 have taken a dip and now trading at 34 lacs and do offer a good investment opportunity. This may not be a short term investment though as it will only give you some reasonable returns in at least six months to one year.

Recommendation

a. Phase 7 is not really the best investment option but is most suitable if you have limited budget to construct a house. Now it is making some sense to invest in Phase 7 at lower prices, specially if you plan to hold it for a year or more.

c. Buying 5 Marla file between 34 to 36 Lacs is a good investment if you are looking for small investment opportunities.

DHA Phase 8

One of the best opportunities in DHA Lahore right now is investing in residential plots of Phase 8. It is safe and will grow steadily but surely for next few years. If you are not sure and confused where to invest this may be the best bet. The prices are very stable now and no further downside is expected.

Broadway commercial has been stable and no major change is expected any times soon, it still remains my favorite long term commercial investment.

Ex Park view of Phase 8 is a great option for genuine buyers and the prices are still my favorite for a 2 Kanal plot. Reasonably good plot is available in almost 400 lacs and i believe it is the best area in entire DHA Lahore to buy a 2 Kanal plot in this price.

4 Marla commercial files of Ex Park View are the best investment in terms of 4 Marla commercial if you have limited funds available and the required risk potential. If you are planning to invest in 4 Marla commercial files keep in mind at least 2 to 3 years time frame in mind. However this area is under priced and should give hefty profits in future.

Z Ivy green may see slight improvement as recently we have seen the development of road leading to Z block from Burki road and things are destined to improve in future.

Recommendation

Same as before

a. We strongly recommend to buy residential plots on dips for investment or if you wish to make your own house. You can also look into 10 and 5 Marla plots in Y block in good location for a long term investment, however in comparison 9 Town 5 and 8 Marla is much better to invest.

b. Buy 4 Marla Shivpur or Malikpur files in Phase 8 Ex Park View anywhere between 240 to 260 Lacs.

c. We will now recommend you to buy 4 Marla commercial between 400 to 500 Lacs and 8 Marla between 750 to 950 Lacs in good areas of Broadway.

DHA Phase 9 Town

The prices of residential plots have gone higher in 9 Town almost by 10 to 15% again in March. The trend is gaining momentum and the Biana culture is speeding up the upward momentum. I believe that the price of 5 Marla should be some where between 80 to 85 Lacs in future but for now the prices should stay below 70 lacs to make it a valid investment.

It may be a good idea to invest in E Block commercials of 9 town at these prices. I do not see the prices going down any further so if you are a long term buyer this may be a good chance to find yourself a 4 Marla commercial in this area.

Recommendation

a. If you have some spare money it is best to invest in 9 Town residential plots for now as the prices are rising even faster than expected.

DHA Phase 9 Prism

Prices of 9 Prism have gone down and in my opinion have entered the buy zone. However it may still take some time before they start going up but it may be the best investment if we consider 3 to 5 years investment time frame.

Commercial prices are high in 9 Prism and are totally inflated, even if they dont go down much they are not expected to rise as well so will be a dead investment for a few years.

Watch our latest development update video

Recommendation

a. Hold it for long term or sell during an upswing.

b. Buying is recommended at this time for long term investment only.

DHA Phase 10

Trading again between 52 to 55 Lacs and not at all a buy zone for us. Predicting about Phase 10 may be hard at this time however it is a good but at 45 Lacs and below.

 Recommendation

a. It is better to wait now for prices to slip and make a short term trade, if it reached 45 Lacs.

DHA Phase 11 Rahber

(Same as last month)

No signs of balloting so far, we dont think so that 5 Marla in 30 lacs is a good investment in Rahber specially considering we are not sure how long it will take for ballot.

Recommendation

a. We recommend buying 4 Marla commercial at 190 Lacs for a Short term investment.

b. The residential file  however is trading at 30 Lacs which is again not a very attractive price for investment.

USE OUR DISCUSSION FORUM  IF YOU HAVE A QUESTION AS WE CAN ANSWER IN DETAIL AND OTHER MEMBERS CAN ALSO POST THERE OPINION FOR A FRUITFUL DISCUSSION.

Captain (Retd) Shahnawaz Yaqub Bhatti

Investment Consultant and CEO at Imlaak

Mob : +92 333 1717170 ( Whatsapp)

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babar
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I want to sell a 2 marla commercial plot in located in y block phase 8, and further invest the money. plz advise