Dear respected users, I have a DHA2 Ext certificate. Of Sec N. Have not paid the Dev charges:
1. What's happening with the prices?
2. What price can be expected if I want to sell?
Are you talking about DHA Islamabad? If so, then i think DHA has a good potential to grow in future.
But Why didn't you pay development charges?
Thanks zain. Yes in Islamabad. Dev charges r 14 lac, don’t want to pay that much. Instead want to shift my money to bahria ph 8. Hope that’s a gud move, bought this certificate for about six years ago, but no gain in value. Await ur responce
Do you have an open file of DHA 2 Ext.?
regarding the 14lac dev. Charges you maybe able to sell it off at 18-20lac approx. (you can still check with DHA) without paying the dev. Charges
if you paid the dev. Charges then add those to 18-20 but no one would be willing to buy it as it would be too costly
open files are easily tradable in the market than transferable ones
Regarding prices they have increased good since the past 1.5 years. I hope if you retain it it may go up to 22-25 approx. Within 1 year i suppose.
I am confused about Development Charges as I paid 6 lac and that was what told by DHAI. Not 14 lac.
Thanks, Dev charges are 14 lac.
For confusion. From A to K sector its 6 lac dev charges. And from LMNOPQRST its 14 lac.
Certificate r where dev charges have to b paid
files R (transferable file) r all dues clear.NO DEV CHRGs
Thx tamim for more insight.
as far as i know A to K open are currently selling at 24-25 lac and files at 31-32 lac (just add the dev. Charges)
L to T are priced low and open are selling at 18-21 lac. Files would be 34 lac.
i am not so sure about files as i confirmed the rates from DHA office for open certificates only 3 weeks back.
do you have any updated rates?
the given rates have been stagnant since the past 6-8 months however, before that time the rates jumped dramatically from about 14 lac to 24 lac in an year's time.
but given the slow market i think a minor appreciation would be there of about just 3-4 lac in an year's time maybe.
i think the high buying and selling leading to high demand was due to the misunderstanding of foreign investors who considered these opens or files as DHA 2 proper K,L,M,N files because it was part of the DHA 2 extension back then.
i had 2 open certificates which i wanted to sell and used to get almost 10-15 calls a day from ABROAD. And everyone thought it was DHA2 proper K,L,M,N (Luckily if your files of DHA2 Ext were in those blocks).
And they were so confident that they didnt bother to get any verification on it but just wanted to buy it at the earliest.
Thanks Tamim for information.
So my file of K block with paid charges, whats is the recommendation? Should I just keep it (like I had in last 8 year) or trade it for an I-14 or I-12 plot?
Regards,
Thanks athar. It depends how long u wanna keep it. In my point of view it may go 3 -5 lac in the next year. My self want to sell it n invest in pocession plots. Mayb bahria. .
want to sell my Certificate Any confirm offers plz let me know