Dears,
Can you please tell how is investment in 1 kanal plot approx 1.5 crore for mid to long term in islamabad dha phase 1. Don't like dha phase 2 and not secure about bahria town. Thanks!
Brother why don't you like DHA Phase II? If you're looking to only invest (i.e. Not live there in the long term), Phase II is likely to offer you greater returns at the end of the day. Prices are far from peaking in Phase II, which means they WILL rise with the passage of time. The same cannot be said for Phase I for too long now.
Also look into Gulberg Islamabad. Same sort of location and good price growth and demand. In my humble opinion these are good options, but certainty belongs only to the Creator. :)
You are not confident about about Bahria Town? Buddy Bahria Town and DHA are the most secured and high ROI generating societies.
Investment in the DHA phase1 is not likely to give you big returns so its better to invest in DHA 2 and bahria phase 8 with the same amount that will give you good returns in future.
Like IS said, if you’re only looking to get good return, it shouldn’t matter if you like DHA 2 or not. It will surpass DHA 1 pretty soon, and that should be enough for your satisfaction.
Sir in terms of investments,dha 2 will offer you much greater returns.
For best deals at dha all phases,you can contact me at 03455370978.
DHA Phase 2 Sectors K,L,M… Best for investement from 7 million to 10 million…
Thanks everyone for your feedback. I am interested in building a house there.
Dha2 is also very good for living because of its improved infrastructure as compared to phase 1.
Dear SAADI,
What option and advice you have for myself who is holding a DHAI-2 extension plot since 2006. Its K block file (not commoners town) and I have paid 6 lakh development charges as well. If there is any good news or merging option available like Bahria is giving for BE-2 file holders?
Regards,
Alrana no good news of merging for dha2 ext. If you have file with development charges of 6 lacs in K block its current M.V would be around 22 lacs without dev. Charges paid and around 28 lacs with dev. Charges paid.
If you can wait for another 5 years or more it will give good returns
Agree with Arshad bahi that Dha phase2 ext is very long term investment.
Regards
Thanks for the feedback.
I am holding this file since last 9 years so another 5-6 years is not an issue. However I want to evaluate selling it at 28 (if thats current value) and pool in another 30/35 lacs to get into proper DHA 2 plot and probably that will bring some better returns. This particular file was purchased at 22 lacs in 2006, but at that time $ was like 60 Rs. :((
Regards,
AlRana i think it is best to sell and add in more funds and get something in DHA 2 proper which will give good return. Almost 1-1.5 years back this 22 lacs file was selling in at around 26 lacs so it has decreased. 22 lacs is also the max. Price i am quoting and it maybe possible you may not be able to sell above 20 lacs (am talking about files with no dev. Charges paid).
5 years is minimum time but it may take something close to 8-10 years as well because the area is very large and DHA is very slow in delivering results.
As you have paid the development charges, if all, i do not think you can get 28 lacs from it but something less because files with no development charges paid are prefered over paid files simply because one can get it for cheap.
If you plan to sell and add in more funds i think you can get something in DHA 2 M block. My suggestion is buy something with possession and do not go for non possession plot in DHA.
Non possession is also good for investment but if you can buy something with possession then why bother for something with non possession and never fall prey for cheap investment. Remember buying something good will always give good returns but that good will carry a high price tag. Never compromise on location and always get a good location plot where ever you look for
Dear Brothers,
Whats price in DHA 2 . 1 kanal in good area ?
I myself live in DHA1 and no doubt its excellent place to live. Relatively better security , Excellent neighborhood people are mostly educated , Good environment for childeren ,Roots School is near but it has its own cons as well. Load shedding occurs wheras in bahria load shedding is less , Similarly gas load shedding etc
It really depends upon the personal choice what you compromise as for my case i opted for the DHA1 because of the walking distance of Roots School.
Bahria is secure you cant compare security wise Bahria is equally good as DHA both have different pros and cons.It only depend upon your personal choice.
Here are just a few of the plots available in DHA2:
A9 lane21 corner 142.
B9 J Bvd 175. B19 st18 135.
B27 st3 110f.
B2 corner park face st8a 130.
C36 st10 100f.
C71 Jinah 170.
F1 corner lane3 155.
G2 st18 115. H2 corner lane10a 130.
H12 st8 120. H5 cent bvd 140.
H39 st5 112. H2 lane19 110. J1 st17 100.
J54 sir syed 125. J1 st8 90. K11 corner RView 95.
K12 st25 95. K40 6th Ave 95.
K3 st11 85.
K24 st13 100.
L3 3rd Ave 90.
L1 corner st22 120.
L7 st31 67. L68 Johar 85.
M1 corner st7 85.
M20 corner st2 R View 100.
M3 st6 78.
M19 Johar 85.
N4 st10 70.
N27 st24 23.
J49 st22 47.
Hmm the prices are pretty on the higher side, i mean too high esp. In A-H blocks. Either DHA 2 A-H is gaining momentum or its just the sellers asking for what it is not worth now. I mean 170 is too much even for a corner or blvd. Should be around 150+ i think and for a normal or avg plot i think shouldnt be above 130 in A-H blocks
Sir a boulevard is just sold in market for 170…Plots near rond about are being sold for 175 to 210 lacs…Avg plot is 130 approx and these are the prices at which selling purchasing is going on.
Dear Brother Harris ,
Why its too much less in Block J & Block N ?
Do you think it would need many many years to develop or too much time for possession ?
Need advise.