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July 2017 Property Market Report

MRA – July 2017 Property Market Report DHA Lahore

MRA – July 2017 Property Market Report DHA Lahore

Notice :  MRA (Monthly Real Estate Analysis) – July 2017 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 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.

Present Market Condition

I hope you all had a blessed Ramadan and a happy Eid-ul-fitr. The month of Ramadan was slow for the real estate market in general as usual. However the genuine market demand continued to flourish with a steady speed.

The latest development is the balloting of 4 Marla commercial plots in 9 Town. Also as per confirmed reports DC rates of properties have been increased slightly for all phases of DHA. The exact list is not yet officially announced and we will wait for it before discussing its impact on the real estate sector in general. Over all i believe that the increase in DC rates will keep the property prices in check and we may not see any major impact in the over all prices this summer except probably Phase 8 which may go in recovery mode. Commercial properties including 4 Marla commercial files will be resilient to the increase in DC rates, however the month of July will dictate the future market direction and things will get more clear in August.

The shift of focus towards DHA Multan and DHA Peshawar has slowed down DHA Lahore market. The market is usually in favor of sellers during the summers although no major highs are expected but a better market activity will be seen in July.

DHA Phase 1 to 5

DHA Phase 1 to 5 have the highest DC rates in terms of both residential and commercial properties. Hence it can be easily deducted that these Phases are not suitable for trading. However in terms of genuine demand Phase 5 has slowed down and taken over y Phase 6 as there is a considerable difference of plot prices in both Phases.

Another major development is the construction progress of underpass from Phase 5 to M Block of Phase 5. The project is being completed speedily and is a good omen for M block of Phase 5.

Certainly not good for investment or trading except M Block of Phase 5 any more and should only be purchased for genuine requirement or rental income.

DHA Phase 6

DHA Lahore Phase 6  continues to attract genuine buyers as it is a preferable option in comparison to Phase 5 because of lower rates and fast development. Phase 6 has taken over Phase 5 in terms of genuine demand as the prices of residential plots is still considerably less than Phase 5. I do believe that the prices are now reaching a level where they should slow down as any further increase will prompt buyers to shift to Phase 5 instead.

Prices of MB Commercials and CCA 2 have reached the top for now and will continue to trade in the same ranges.

Recommendation

a. Buy residential plots in DHA Lahore phase 6 if available at a lower price than the market. That will pay you off in a few months.

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 if the prices take a drop.

DHA Phase 7

DHA Lahore Phase 7 prices have stopped after reaching the high zone and continue to trade on the same levels. I am getting a feeling that DHA is planning some major activities in Phase soon as it has been over shadowed by 9 Prism. This is a much better investment in my opinion instead of 9 Prism at these prices. You can find a developed and under possession plot in 120 to 140 Lacs with all development charges paid.

The prices have reached a higher zone though and will not go much higher for now in July. In addition i believe that the commercial plots in Phase 7 may not be very attractive for investment at this time.

You can watch a video update of DHA Lahore Phase 7 on our website as well.

Recommendation

Same as last month

a. If you have limited budget buy a plot in Phase 7 to make a house.

b. Buying 4 Marla commercials files in DHA Phase 7  on dips towards 230 to 235 Lacs is a good strategy for short-term trade.

c. Buying 5 Marla plot in 45 to 46 Lacs or file in 37 Lacs is a good investment if you are looking for small investment opportunities.

DHA Phase 8

Recent months have seen  DHA Lahore Phase 8 residential plots prices going down.  However DHA is now concentrating on phase 8 and you may see major changes in near future. I do believe that the prices of residential plots are low enough now to attract potential investors and major price rise is expected next year. However the selling pressure may keep the prices down for now.

The ground breaking ceremony of Phase 8 Business hub has been done this month but booking process is not yet started.

Broadway commercial prices will remain stable . 8 Marla B and C block plots located around parking or the back of main road are the best options for investment as of now. Read all you need to know about Broadway commercial investment in focus in our latest article.

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 Malikpur file is available at 270 Lacs and Shivpur file at 258 Lacs and is expected to steadily go up in months to come. Another important factor is the balloting which is expected soon.

Z Ivy green is expected to be a good opportunity for short term trading for next two months.

Recommendation

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 block.

b. Buy 4 Marla Shivpur or Malikpur files in Phase 8 Ex Park View anywhere between 260 to 280 Lacs.

c. We will only 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

9 Town remains an investment which will reap fruits in long run. It is the best place to build your own 5 marla house in just under 90 Lacs.

4 Marla commercial files ballot has been conducted and plots are available for sale now.

Recommendation

a. Surely a buy for mid term trade and enjoy a million or more in one year on just an investment of 5.5 Million.

b. Now is the time to find a good plot in 9 Town 4 Marla commercial and hold it for long term.

DHA Phase 9 Prism

We have seen the prices of 9 Prism rise very high but the reality is finally creeping in slowly. It is on its upper limit and not an investment option any more. I will wait for a dip before i purchase any thing here unless you are a long term player.

Commercial prices are already very high in 9 Prism and are totally inflated, we do not recommend buying commercials in the present prices. Instead you can select from options below for commercial investment.

  • Broadway Phase 8
  • MB Phase 6
  • Commercial files of Park View Phase 8 , Phase 7 , Rahber and 9 Town.
  • CCA 1 & 2 of Phase 6

Recommendation

a. Sell residential and Sell Commercial plots if the prices go higher than 15%.

B. We only recommend buying for short-term trades.

DHA Phase 10

A lot of fake buying activity for Phase 10 files is seen in the market in March in order to stabilize the prices. I will be patient and wait till it comes near 50 Lacs to make any investment.

 Recommendation

a. It is better to wait a bit more before investing in Phase 10 files. The prices are going down from now on and i think best is to buy them if they reach 50 Lacs.

DHA Phase 11 Rahber

The balloting news bolstered the prices of 4 Marla commercial files and 5 Marla residential files in Rahber Phase2 ext.  As suggested earlier it is a very good buy for short term because the southern loop of ring road is expected to be inaugurated in August as well. Both these factors make it the best trading option in short term.

Recommendation

a. We recommend buying 4 Marla commercial at 210 to 215 Lacs for a Short term investment.

b. The residential file  however is trading at 31 Lacs which is again not a very attractive price for investment but will certainly give you decent returns in short term because of expected Balloting.

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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10 Comments on "MRA – July 2017 Property Market Report DHA Lahore"

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imran
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Captain sb , has any ballot been done for phase 7 commercial files also? I have heard a ballot has been done recently?

tania
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Sir kindly suggest me which investment is good for 3-4 years hold and then residential point of view, 10 marla Dha Gujranwala or 5 marla plot (in K and J block) Dha Prism 9?

Khurram
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No comparison of prism with gujranwala. Prism rocks. Will be best phase in comming year

Azeem
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Sir please advise if the 9 Town ballot was done for E Block residential too? Or only commercial?

Hassan
Guest

What about DHA Multan? Any suggestions on that?

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