Phase 8 Real Estate Investment Opportunities DHA Lahore
DHA Lahore Phase 8 Real Estate Investment
Opportunities
When i discuss and try to convince my investors to invest in Phase 8 Real Estate Investment Opportunities DHA Lahore , it reminds me of a famous saying by Jeff Bezos which goes some thing like this ,
” Real Estate is the key cost of physical retailers.
That is why there’s the old saw: LOCATION, LOCATION AND LOCATION.”
When you look at Phase 8 in a broader prospective , the one thing that rings your bells again and again is the same as quoted by Jeff Bezos ” location , location and location”. Now if you are wondering who Jeff Bezos is and why am i quoting him here. Jeff is the CEO of amazon.com with personal wealth of roughly 60 Billion USD. Now i hope you will take his advise seriously .
It is no surprise that this particular Phase has been doing very well ever since it was launched. Let us first understand what this particular phase is all about:
General Layout
DHA Lahore Phase 8 consists of 4 different sectors or sub phases.
Ex Park View
Launched and developed by a private developer Mr, Aleem Khan , it was acquired by DHA in 2008. Block A till K constitute this sub sector /phase and consist of 1 kanal and 2 Kanal Plots mainly.
Ex Air Avenue
This was acquired by DHA in 2010 from urban developers. It constitutes Blocks L till Q and consist of 10 Marla , 1 Kanal and 2 Kanal Plots.
Phase 8 Proper
Blocks S till Y constitute whats commonly referred to as DHA Phase 8 proper. Phase VIII Sectors X and S are on the flanks, whereas Sectors W and T are in the middle. Sectors U and V are in the north-west of Sectors T and W towards the airport. Sector Y, featuring 1-kanal and smaller plots, is on North East of Sector V and a bit detached from the rest of the sectors.
Z Ivy Green
This particular extension of Phase 8 was launched across Burki road. It is further divided in 6 sub blocks (Z1 Till Z6).
Where to Invest?
Now that you know about the general layout. We will only go through Phase 8 Real Estate Investment in Phase 8 Proper . Let’s find out the key factors that make it a favorite from all other sectors and even its own sub sectors, and discuss them one by one.
Extraordinary Location
It is located and surrounded by densely populated and highly developed areas . Ex Park View , Ex Air Avenue and Eden City on one side , DHA Phase 6 and 5 on its third side and densely populated private societies on Ghazi road . It is just a 2.5 Kms away from DHA Phase 1. The construction of the Ring road has negatively effected Ex Park View and Ex Air Avenue as there is no interchange to connect them. However DHA Phase 8 Proper is connected with ring road and in turn connects the rest of the DHA with ring road.
Financial Stability
While we have seen a lot of ups and downs in various sectors in DHA, comparatively phase 8 proper has remained much more stable and offered a consistent growth over time . It has shown a lot of resilience to down trends and kept its head high even in a bearish market.
Possession in Sight
While Ex Park view and Ex Air Avenue have been developed a long time ago. This part of Phase 8 is yet to be fully developed. The expected possession is in late 2016 or mid 2017 as discussed in an earlier post Phase 8 Possession .
The expectations of possession will certainly give rise to a lot of speculative trading in months ahead.
Huge Commercial Areas
One of the reasons that Phase 8 real estate is destined to become the hot cake is the presence of commercial areas in it. Likes of Broadway commercial which is the biggest commercial area in entire Lahore DHA . CCA 1 and CCA 2 with 16 and 32 Marla commercials. This will become the commercial center of not just DHA but also for the various societies in its vicinity. A five star hotel and huge areas for shopping complexes and Joint Ventures just add more to its preciousness. You can read Mr, Umer Shehzads article about commercial investments in DHA Phase 8 .
Excellent Secure Town Planning
It is very well planned with lots of parks in each block. It is designed on the cul-de-sac concept. Limited entry and exit passages and closed streets ensure minimum chances for external intrusion. Cul-de sac planning simply keeps out people who don’t actually live in the area, because closed-off streets cannot serve as routes to other areas. This makes for a very serene environment with virtually no noise, air pollution or accidents. This planning model also curtails crime.
Commercial Vs Residential Investment
Now that we completely understand that possession of DHA Lahore Phase 8 proper is the next big thing after balloting of Prism 9 . We need to decide weather to invest in Residential or Commercial property when it comes to Phase 8 Real Estate Investment. We believe this will depend upon how deep your pocket is . If you have some extra bucks to spare than most certainly commercial investment will be much more fruitful for you. However if you have a limited budget , you can still reap the fruits by investing in residential properties. Good thing is that it caters for all levels of investors with its 5 marla plots starting at 5 Million till 32 Marla commercials at 500 Million.
Although investing any where in DHA Lahore phase 8 real estate will be fruitful.However most prominent sectors for a higher ROI are :
Broadway Commercial
The bigger the better and Broadway commercial is undoubtedly the biggest and the most upscale commercial area in entire DHA Lahore. Possession of Broadway commercials has already been given and we can already see a lot of construction activity. We expect the prices in Broadway commercial to rise by at least a 100 % in next 2 to 3 years. Also because CCA 1 and CCA 2 prices are already pretty high and therefore when it comes to commercial investment in phase 8 real estate , Broadway commercial seems to have much more juice than its cousins CCA 1 and CCA 2.
Sectors W, T , U, V ,X, Y
This is a big tie , except sector S , which is actually a bit detached and therefore not a very favorite sector for investors. All the remaining sectors have unique attributes to them . X is close to Phase 6 and right opposite B block , where the average plot is approx 22 Million. Sector W and T have always been the favorite of investors and we are looking at a price of 30 Million for a 1 kanal plot near possession . Sector U and V are relatively low in price than W and T , but they are expected to close in on the gap nearing possession. Block Y has very limited plots of 5 Marla and 10 Marla and suitable for investors having a low budget , the scarcity of smaller plots may actually be the one reason that will push the prices higher in this sector than expectations.
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