Launched on March 31, 2015, Ivy Green (Sector Z, Phase VIII) of Defence Housing Authority (DHA) Lahore has seen massive growth in its property values since its inception. The project is located off Burki Road and offers a range of residential and commercial plots.
It comprises six zones and DHA has already balloted plots in all of these. The authority had vowed to complete the project by the end of 2017 even though it has not started full-fledged development work here just yet. However, the boundary wall is being constructed currently and will be completed soon.
The project has undoubtedly seen massive investment activity in the last few months. Although activity is relatively slow these days, it is not bad at all. This is probably because the DHA has started development work in Prism 9 (Phase IX), which may have shifted investor focus, and also because property prices have already increased manifold in Ivy Green.
Current market prices
Ivy Green features residential plots of 5 marlas, 10 marlas, 1 kanal and 2 kanals and commercial plots of 4 marlas and 8 marlas. Please see the table below to have an idea of rates in the locality.
| Residential Plots | |
| Plot Category | Market Price |
| 5 Marla | PKR 3,200,000 to PKR 3,800,000 |
| 10 Marla | PKR 5,500,000 to PKR 6,500,000 |
| 1 Kanal | PKR 8,500,000 to PKR 9,500,000 |
| 2 Kanal | Around PKR 22,500,000 |
| Commercial Plots | |
| 4 Marla | PKR 22,500,000 to PKR 24,500,000 |
| 8 Marla | PKR 37,000,000 to PKR 40,000,000 |
As you can see, property prices in Ivy Green are quite low compared to those in DHA Lahore’s developed phases, which means the project still has excellent potential for investment.
When should you invest here?
I believe this is the right time to invest in Ivy Green. And what makes me think that? My personal idea is that the DHA will start development work in Ivy Green in the coming months, because the authority plans to complete the project by the end of 2017. Once development work has been started, property prices in the locality will see a boom.
Please note that DHA has not made any official announcement about the commencement of development work yet.
Project features
According to the official DHA website, Ivy Green will boast environment friendly sectors. These sectors, such as Gul-e-Cheen, Magnolia, Jacaranda (Gul-e-Neelum), Gaab, Amaltaas and Kachnaar, will have tree-lined roads. Moreover, the premises will also feature a green maze and a bird park amongst many other amenities for prospective residents.
That’s all about Ivy Green for now. If you have any queries about the project in mind, please feel free to converse with me in the comments section below.
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So posession of ivy green is expected way before dha phase 9? Ph 8 ivy green and Dha phase 9both are quite economical compare to other phases but in long run which society is suitable/better to built own house in future?
Dear Abuzar,
I can’t be certain about it, but logically Ivy Green should get possession before Prism 9.
Regards,
zain Nadeem
Zameen is a big source to find your desire property. No body like to save there money in bank they like to invest in property. Investment in Property never goes wrong. Real estate has become a profitable business these days. Forget bank interest and find a Real estate agent to gain profit. As a Muslim i like to invest in real estate business because bank interest is not an option for me. So Zameen.com provides a platform to make is easy.
Thanks for your feedback
The Prices looks good. What about the payment plan.
There is not payment plan. People are paying development charges now as follows:
9 lakh for 5 marla
13 lakh for 10 marla
19.50 lakh for 1 kanal.
Regards,
zain Nadeem
The prices look good. What about the payment plan/schedule. Will it be in instalment or full payment.
Thanks & Regards.
Full payment. If you are interested to invest in the locality, I can get you in touch with a trusted estate agent.
Hi Zain,
I want to invest DHA 5merla or 10 merla. My budget is between 40-60lacs. I’m confuse between prism 9 or phase 8 invy green. Please advise me where you will invest if you are in place of me.
I will appreciate your advise,
Regards,
Adnan
zain sb kindly provide number of any trusted agent for Dha ivy green phase 8 please.
Bloger Well Covered your assumption may be right or wrong but it will be before to say anything and tell about the DHA Ivry Green !
Best of Luck !
The above prices are around 60% of the prices of the plots I have seen in DHA 8 ( Air Avenue )?
Any reason?
Mir
It is because there is possession in Air Avenue. If you want to invest in Ivy Green, you can easily presume that the prices still have a potential to grow. I can actually get you in touch with some trusted agent if you are willing to invest in the society.
Regards,
zain Nadeem
I think these are file prices, and then DHA will ask for the development charges
Brother, the DHA is already taking development charges.
Regards,
zain Nadeem
Hi Zain,
Thank you for the detail information.
Please advice the trusted agent.
Thank you.
Dear Naeem sb,
Please contact Mr Umair at 03458484085. You can use my name for reference.
Regards,
zain Nadeem
Hi Nadeem,
I am having two plots of 5 Marlas in IVY Green Block Z3, could you please let me know what is the future of these plots, at time I should dispose these plots.
Regards,
Zaidi
Hello Zain,
For an investment of 80 lacs what is your take on IVy Green and also Sui Northen Gas socirty on Raiwind? Which is better for investment according to your professional opinion.
Thanks,
Usman
Asalam o Alikum!
Zain can plz advice me which one is a better option to invest prism or ivy green?
Which one will develop first?
If ivy green then it is totally separated from all phases of dha is it a good option?
zain sb kindly provide number of any trusted agent for phase 8.