Dha city balloting

[kamranshahzadkhan (KSK)]

Dear experts, please give some advice on investing on dha city. How do you see this from short and long term investing option ?

[uzaair (Amigo)]

Any expert opinion on the question asked? Why it is not being heavily advertised like DHA Multan?

[kamranshahzadkhan (KSK)]

Yes i am also surprised even no active thread on this topic on zameen.com to guide the investor ?

[kamranshahzadkhan (KSK)]

I found these pros and cons for DCK.

Pros:

1. Highly Secure. (Even in local turmoil)

2. Installment Based. (Up to 8 Delay Payments Allowed before Cancellation Unlike BTK where plot is deemed cancelled after 2 Delay Payments)

3. Number are allotted at once (Unlike BTK where some investors are still waiting for allotment after 3 years)

4. Directly from DHA (Good for Genuine Buyer).

Cons:

1. Balloting can give you affected plots (ones at end of alleys, Value drops by 10%)

2. Map not decided so it can be at the end of DHA City where market prices are lesser than average. (around 10 million PKR for 1 Kanal in Sector 17 – Full Paid)

3. Sector 3 has not yet been livable as marketed by DCK to be livable by 2016.

4. Unknown Development Charges.