MRA – June 2017 Property Market Report DHA Lahore
MRA – June 2017 Property Market Report DHA Lahore
Notice : MRA (Monthly Real Estate Analysis) – June 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
May has sparked a bit of genuine demand in the market and the prices seem to have rebounded slightly. One of the most prominent gainers is DHA Lahore Phase 6 which has ridden high over genuine market demand.
4 Marla commercial files have shown positive uptrend as well, however even the positive news of Balloting did not added more than a million or two in there prices. This is exactly what we predicted in our previous month analysis.
DHA Phase 1 to 5
Remains unchanged please see our previous month report.
DHA Phase 6
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.
Prices of MB Commercials and CCA 2 have reached the top for now and will continue to trade in the same ranges in June.
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.
DHA Phase 7
DHA Lahore Phase 7 continues to show positive trend because of housing demand. P.Q.R, S.T & U blocks are best suited for immediate construction of the houses.
However i do believe that the prices have reached a higher zone and will not go much higher for now in June.
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.
DHA Phase 8
The biggest development in Phase 8 is the start of construction of the first house in W block. In next few months the prices of Phase 8 will bolster further as construction of more houses may start soon.
Broadway commercial prices are stable and increasing slowly on genuine demand now. 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 remains stable at 260 lacs while other 4 Marla commercial files have gained a million or two . It has not hit 300 Lacs and is trading at 4 Million less than our target price. The major reason for this is the shifting of investor interest towards Rahber 4 Marla commercial because of the imminent balloting expected in August 2017. We will continue to hold our position in 4 Marla commercial plots in Park view as it is the only area which offers commercial 4 Marla files in a fully developed area with genuine demand. Another important factor is the balloting which is expected before December 2017.
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 300 to 500 Lacs and 8 Marla between 700 to 950 Lacs in good areas of Broadway.
DHA Phase 9 Town
Residential plots are seeing a bit of interest as the prices are on the lower end. It is a good opportunity to buy them at these prices.
4 Marla commercial files are now trading safely at 310 to 315 Lacs and besides a lot of buying and investment the prices have not moved much. It is surely a good investment but not the best one in my opinion.
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. We do recommend buying 4 Marla file at 310 Lacs in June as we believe that prices will add a million or two in next two months.
DHA Phase 9 Prism
DHA Lahore Phase 9 Prism residential plot prices are reaching an upper limit. While most will argue that the price is still good from investment perspective. I strongly believe that the best time to buy in 9 Prism is yet to come. Wait for an year and you will be able to find much better investments. The number of transactions in 9 Prism remain highest in entire DHA.
Commercial prices are 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. 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)