Broadway Commercial Phase 8 Investment In Focus
Broadway Commercial Phase 8 Investment In Focus
One of the major investments in commercial you can make is to buy Broadway commercial Phase 8 plots. It is the biggest and most lucrative out of all the commercial investments you can make today. What makes it so special considering there are so many other commercial areas where you can invest today? This is the question which we will be answering today in detail.
Location, Location, Location
While location has an impact on all kinds of properties but when it comes to commercial plots the impact is phenomenal. While residential properties may vary merely 10 to 20 % in terms of a good location plot price and a bad location plot price in a similar area, commercial plots can vary from 100 to 300% in terms of price in a similar area. This huge difference between the prices is the key to your making money when it comes to Broadway commercial Phase 8 Investment. If you look at the bigger picture you will notice that Broadway commercial Phase 8 offers the top most central location even better from its close cousins CCA 1 & CCA 2 of Phase 8 DHA Lahore.
Located just on entry & exit of DHA Lahore Phase 8 the ring road interchange, it is the first entry point to DHA while coming from Lahore Cantt. Besides that it serves as a main entry point even for DHA phase 6 and 7 in addition to the Phase 6 interchange of ring road Lahore.
Broadway commercial Phase 8 is encircled in red
Look carefully at the map above and memorize it as we will be referring to it again in the article.
Main Broadway road
One of the key features of this commercial Broadway is the main road which links it to Phase 6 and continues further into Phase 7. This is a very important feature as it connects Phase 6, 7 & 8 of DHA Lahore together. In times to come this will be a very busy road and a lot of people will be using it to enter or exit DHA Lahore onto ring road.
Close proximity with fully developed areas
Commercial activity follows residential developments after all you need people to use those commercial areas. Broadway commercial Phase 8 is situated centrally inside an area which is completely developed & populated from all sides. Askari 10, Divine, Eden city, Paragon city, Park view Phase 8, Air Avenue Phase 8, DHA Lahore Phase 1 & 2, DHA Lahore Phase 6 & 7 and finally DHA Lahore Phase 8 itself which has been given possession just recently in Dec of 2016. While phase 8 will still take some time to house a residential population, the other areas around the Broadway commercial Phase 8 offers a lot of promise for a healthy commercial activity here.
Bigger the better
While some critics of Broadway commercial Phase 8 highlight the availability of large number of commercial plots as a negative thing, in my personal belief it is just the opposite. The high number of commercials in Broadway commercial Phase 8 is the most positive thing and guarantees it as the future hub of commercial activity in DHA Lahore. To me its like comparing Ghalib market with MM Alam road or liberty. Commercial activity always flourishes in bigger commercial areas, where people can find every brand, bank & outlet in one location. So ask yourself why Phase 1 H Block commercial is better than Q block commercial of Phase 2 and why Phase 3 commercial in Y & Z block is better than all of the rest including the CCA of Phase 5.
Brands & banks are coming to Broadway commercial Phase 8
Yes, that is true, already 3 banks namely Meezan bank, United bank and Askari bank have opened there branches in Phase 8 and a few more are looking to open up branches in Broadway commercial Phase 8 in 2017 and 18. Besides these a lot of big brands have secured selective locations and are waiting for the right time to start there operations. We can not disclose the names of all the companies who have made these purchase because it will be a breach of there secrecy, so all we can tell you with 100 % confidence is that brands are surely coming to Broadway commercial Phase 8. It may take another 2 to 3 years before things start getting really hot in here but one thing is for sure that the more you wait to buy, the more you will lose on return for your investment. Nevertheless, it is vital to consider that the successful execution of this project was made feasible by Friv2Online’s adoption of cutting-edge technologies. These innovative technologies played a pivotal role in the development of online games and services.
Guaranteed safe & secure
The most important thing when it comes to Broadway commercial is the guaranteed safety it offers. While even CCA 5 and CCA 6 have been unable to attract brands and therefore could not develop as shopping markets, Broadway commercial Phase 8 remains as the only contender for such a market. The timeline may vary but one thing is sure that this will happen sooner or later. No other commercial area in DHA offers this kind of safe and secure investment which will only reach closer to its objectives as the time passes.
This is the only commercial area in DHA Lahore which offers excellent capital gains and rental yields.
Timeline
The predictive timeline for development and progress of commercial activity in commercial Broadway of Phase DHA Lahore is as under:
Avg Increase in Price (8 Marla) Activities
2018 to 2019 (4 to 6 crores) Banks, real estate & Offices
2020 to 2022 (5 to 10 Crores) Cafes, Grocery stores, Franchises & some brands
2023 to 2026 (9 to 20 Crores) Brands, shopping markets, Commercial hub status
I hope this will help you taking your next big step when it comes to commercial investments in DHA Lahore. You can check latest rates on our commercial plots for sale section.
Captain (Retd) Shahnawaz Yaqub Bhatti
Investment Consultant and CEO at Imlaak
Mob : +92 333 1717170 ( Whatsapp)
It is already in place for last 10 years but no worthwhile increase in price as compared to dha phase 6 MB. May be after 5 years when phase 8 takes some shape it can come up. By the way which is best block for a 4 marla commercial investment and what should be expected price
The prices have almost doubled in last 2.5 years that is quite an increase, It is coming towards maturity now, Plot no 23 B was bought almost 2.5 Years ago at 830 Lacs and is now worth atleast 1700 lacs, similarly in Jan 15 a plot near 33 B was purchased for 485 Lacs exact and is now worth 1000 Lacs.
MB has shown a lot of improvement as well, however it is pretty comparable considering that all plots of MB which are facing MB are premium plots, so you have to compare them with the premium plots of Broadway as well.
B and D block are best for 4 Marla commercial plots , i favour D more coz the area between ring road and D block is already acquired by DHA, so its a matter of time when the new cutting is announced and that will give 4 Marla commercial of D block a huge boost as they will be located on the entry of Phase 8 .
B block 4 Marla plots in good locations are another viable option which is great for investment.
Dear Khalid,
It is recommended to buy a 4 marla in either D block or B block at the better locations otherwise it would not give optimum returns, however, a low budget plot in B block would give a higher rate of return than a medium budget plot, a high premium plot would always give a premium return.
regards,
Umer Shehzad