MRA May 2018 DHA Lahore Property Market Report
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MRA – May 2018 DHA Lahore Property Market Report
Disclaimer : MRA (Monthly Real Estate Analysis) – May 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.
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Present Market Condition
The real estate market in April continued as expected regardless of the announcement of Tax Amnesty scheme and change in the over all taxation of real estate after 1st July 2018. While some look at it optimistically others did not shy from criticizing it. In my personal capacity i think this is a great move to regulate taxes on real estate and should eventually build a strong and fair taxation system. In DHA Lahore the real estate market continued to show positive signs over all in sectors such as Phase 8 , 9 Prism and 9 Town, while stable sectors such as Phase 6 and 5 remained consistent.
In April I was also given the honor to be guest speaker at LUMS university Lahore on real estate during there ” smart money” course. You can watch the video below:
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. The apartments seem to be running out now and the building is almost 70% sold out. May and June may be very crucial and your last opportunity if you want to buy some thing in Goldcrest mall. The project development is also shaping up nicely as the finishing works in the car parking will be done in the coming month or so. The expected possession of the commercial area is planned before the end of this year and will prove to be a great leap for this project. This is the first mall of DHA Lahore and is awaited by the residents with great optimism.
Watch our latest video of Goldcrest Price and profit analysis below:
M block have gone down from there high and may have reached a stable stage.
DHA Phase 6
DHA Lahore Phase 6 remains stable as usual and continues to grow slowly. The MB plot prices on the main road are on the higher side with a demand of 110 Million to 120 Million. Phase 6 is an ideal phase if you are looking for rental returns, homes and business along with capital growth in both residential and commercial sector.
E block ext possession is expected in a couple of months and may provide a window for short term trades.
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 prices have dropped in the past few months and has slowed down but this is a good opportunity to buy if you are looking for a short term investment and a gain of 1o to 15 %. Prices of Phase 7 are also very lucrative in terms of constructing a house.
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. I have noticed an increase in the investor interest in the Phase in April, such an interest is always followed by a price rise which has already risen by 5% in W Block and will effect other blocks as well in next few months.
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 is now on the downside and we may see slight improvement in months to come, if you have an investment capital of 10 Million, this may be the right time to buy a plot of 1 Kanal in Z Ivy green as its possession is expected in 2019 max.
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
9 Town continues to show positivism even after rising 25 to 30% in less than 6 months. I still believe that in a years time it may give you another 10 to 15% profit if you invest right now.
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
9 Prism is becoming an attractive investment with every passing day. It is by far the best investment you can make today in DHA Lahore considering 3 to 5 years investment time frame. 5 Marla, 10 Marla and 1 Kanal plots all offer great opportunities and will certainly give you good returns.
Commercial prices on the other hand are high in 9 Prism and are totally inflated, even if they don’t 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 investment 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
DHA Lahore is marketing about the balloting of DHA Rahber, however it has not announced an exact date. I do see commercial investment as the best option when it comes to Rahber if you have 20 Million as of today.
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 1616160 ( Whatsapp)
if some one wants to invest between 6 million to 7 million in real estate with an investment span of 5 years.
What would be your advice?
Could you please cover DHA 11 ( EME Society) also in your analysis?
Could you please cover DHA 11 ( EME Society) also in your analysis?
You got to be kidding with everyone. The analysis is totally misguiding from reality.
Dear Ali,
Please share your views in detail with us.
Jazak Allah