For those who have invested in Phase VIII of Defence Housing Authority (DHA) Lahore, there is good news. Sector Z of Phase VIII, which the DHA has now renamed IVY Green, was balloted a few days ago and DHA has now announced the results on its official website.
The balloting included residential files of 2 kanals, 1 kanal, 10 marlas and 5 marlas, and commercial plots of 8 and 4 marlas. The DHA also announced that the ballot was held for existing file-owners only and new applicants would not be offered ballot forms.
The sector is located off Barki Road and the DHA announced that development work would be completed by the end of 2017. The developer has also announced that buying and selling of plots in the sector is now possible through registered property dealers.
To see which plot was assigned to your file, please see the ballot results below:
Residential
Commercial
If you would like to locate your plot on the official Town Plan for Sector Z released by the DHA, please click here.
Needless to say, investors who have held on to these files for a while now will be the first to come into the market with the confirmed plots to cash in on their investments, so I would advise everyone not to panic should the rates drop initially. That is fairly routine when a lot of units hit the market at the same time.
Godspeed and good luck!
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Good News.
Anybody predict future of ivy green …. it seems it is going to be gated community so more secure than rest of the DHA. I believe, in this sense prices would appreciate tremendously. What do you say?
I am interested in buying the files of 5 marla & 10 marla. As well as in 4 marla commercial .