MRA – February 2018 Pakistan Real Estate Analysis
Disclaimer : MRA (Monthly Real Estate Analysis) – February 2018 Pakistan Real Estate Analysis 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 however attend our real estate briefing and discussion sessions held every Friday 7 to 8 Pm to answer your queries in person .
Our discussion forum is always open for real estate related questions and answers.
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Following socities are included in this month analysis.
- DHA Multan
- DHA Peshawar
- DHA Gujranwalla
- DHA Bahawalpur
- Sangar Gwadar
DHA Multan transfer office is being opened in Lahore in February, actually it is already open as of 6th Feb 2018. The price of DHA Multan file will continue to trade between 46 and 50 Lacs. However this is going to have a positive effect on the over all forecast of DHA Multan file prices in future. It will be a good to buy DHA Multan files on any dip below 45 Lacs.
Balloting for DHA Peshawar was held on 25th Dec as planned, however complete master plan was not revealed and we are still waiting for it. A mini ballot is also expected soon in March. You can read more about how we see prices of DHA Peshawar trending in future in our post balloting report about DHA Peshawar. Presently plots in A and B block have an average price above 65 lacs, where as plots in C block are trading between 60 to 63 Lacs.
This is not the right time to sell and we will advise you to hold your plots for another 6 months to an year.
DHA Gujranwala office has shifted and the prices are now almost at par with DHA Multan. I do think that DHA Gujranwala will surpass DHA Multan in long term, however both with probably remain at par in short term and may be DHA Multan will take the edge if balloting is announced earlier.
If you can invest than i will suggest that you should buy both in Gujranwala and Multan 1 Kanal files. If you have limited budget than you can diversify and invest in 1 Kanal in Multan and 10 Marla in Gujranwala.
When considering all the files available i do not prefer DHA Bahwalpur unless you feel the need to diversify further. It is much better to buy 10 Marla Gujranwala file instead of DHA Bahwalpur. I am not a big fan of DHA Bahawalpur and i will wait for balloting announcement which will impact the prices positively.
Besides opportunity trading, Sangar is over all quiet at the moment just like rest of Gwadar. I strongly recommend everyone not to waste money in private societies or open lands in Gwadar. You should only buy open land if you are purchasing at least 50 Acres.
Making a prediction about Gwadar is very hard as it is very volatile because of rapidly changing circumstances. In addition I believe that there will be many more opportunities in Gwadar in times to come, so best is to wait a bit and jump at a later time when things are more secure for investment.
Investment Consultant and CEO at Imlaak
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