People who follow the real estate sector know that Lahore has been inching up and down in terms of prices, but has stayed largely stable in recent months. Short-term investors took a backseat after the tax implementation last year, and the market has not been the same since. On the other hand, long-term investors are not just active, they are in some ways keeping the market stable – and that is where DHA Lahore’s Prism 9 comes in.
Development status
Considering the fact that Prism 9 is so far the largest of all DHA Lahore phases, it will take a while before DHA is ready to offer possession here. Some experts believe that DHA can offer partial possession in the next five years, while others believe that the timeline maybe longer.
Short-term investors are not currently eyeing the phase because it is still in its development phase. Moreover, development isn’t actually taking place at a fast enough speed, which is why if you are thinking of putting your money into the project, you should know that you will be doing it long term.
At this moment, development work is ongoing on the main boulevards and road avenues, but a lot still needs to be done. Those looking to see the impact of development work on property rates in this phase might need to wait a bit.
Market rate
Prism 9 mostly features a good number of 1-kanal residential plots; 10-marla, 5-marla and 2-kanal plots are available but not in high numbers. In fact, Blocks J, H, K, L and R, are the only places where you can even find these options; all other blocks offer 1-kanal plots in Prism 9.
In terms of returns, 5-marla plots in Prism 9 are still the most attractive option, but limited availability has pushed many investors to look elsewhere. The average rate of 1-kanal residential plot in Prism 9 is PKR 104 million and that of 10- and 5-marla units is PKR 6.9 million and PKR 3.8 million, respectively. If you compare these rates with other more developed DHA phases, you will find a huge difference.
According to Zameen.com’s recent Market Report, the average sale price of a 1-kanal plot in developed DHA phases is PKR 24 million, and that of a 10-marla plot is PKR 15.2 million.
Check out what plots cost in different Prism 9 Blocks here:
| Block | Plot Size | Price Range |
| A | 1 Kanal | PKR 9,500,000 – PKR 14,000,000 |
| B | 1 Kanal | PKR 8,000,000 – PKR 12,500,000 |
| C | 1 Kanal | PKR 8,000,000 – PKR 13,500,000 |
| 10 Marla | PKR 6,000,000 – PKR 7,500,000 | |
| D | 1 Kanal | PKR 7,500,000 – PKR 14,000,000 |
| 2 Kanal | PKR 24,500,000 – PKR 28,000,000 | |
| E | 1 Kanal | PKR 7,500,000 – PKR 13,000,000 |
| F | 1 Kanal | PKR 8,500,000 – PKR 13,500,000 |
| 10 Marla | PKR 6,500,000 – PKR 8,000,000 | |
| G | 1 Kanal | PKR 8,000,000 – PKR 12,000,000 |
| H | 1 Kanal | PKR 7,500,000 – PKR 13,000,000 |
| J | 10 Marla | PKR 6,000,000 – PKR 7,500,000 |
| 5 Marla | PKR 3,200,000 – PKR 4,500,000 | |
| K | 1 Kanal | PKR 8,000,000 – PKR 11,500,000 |
| 10 Marla | PKR 5,500,000 – PKR 7,000,000 | |
| 5 Marla | PKR 3,200,000 – PKR 4,500,000 | |
| L | 1 Kanal | PKR 7,500,000 – PKR 13,500,000 |
| 10 Marla | PKR 5,500,000 – PKR 7,000,000 | |
| 5 Marla | PKR 3,200,000 – PKR 4,200,000 | |
| M | 1 Kanal | PKR 7,500,000 – PKR 12,000,000 |
| N | 1 Kanal | PKR 7,500,000 – PKR 12,000,000 |
| P | 1 Kanal | PKR 8,000,000 – PKR 13,000,000 |
| Q | 1 Kanal | PKR 8,000,000 – PKR 14,000,000 |
| R | 1 Kanal | PKR 7,500,000 – PKR 11,500,000 |
| 10 Marla | PKR 6,000,000 – PKR 8,000,000 | |
| 5 Marla | PKR 3,200,000 – PKR 4,500,000 |
One-kanal residential plots are the most popular option in DHA developments, and have seen a higher demand, which is why investing in these plots is recommended.
Remember this: while picking a plot solely for investment purposes, you can compromise on the location only a little bit and that too if you have budget constraints.
Does the Lahore Ring Road matter?
Some Blocks will give you better returns in the long run because of their location and proximity to the Lahore Ring Road (LRR). While the route isn’t going to matter much at the moment because people don’t currently live in Prism 9, it is going to cause price hikes of as much as 10% to 15% for the locality once LRR is inaugurated in August. Anyone claiming that price hikes could be more than this is not giving you the full picture – or perhaps doesn’t have the full picture to begin with.
If you want to invest in the short term and profit from this 15% gain then go for Blocks H, F, K and J, since they all lie close to LRR’s under-construction interchanges.
Should you invest right now?
I would say go for it if you have the money. Any investment here, like I said before, will not be for the short-term. In the next five years, depending on the status of development work, property rates in Prism 9 can go up by more than 100%.
If you break up the price appreciation over a five-year period, the annual hike in terms of percentage comes to about 20%. Keep in mind that rates will go up more noticeably once development work goes towards the final stages – this could happen any time after three years. During the next one or two years the market value can safely increase by 30% to 40%.
That is all the advice I have for you all right now. Have something to add to this piece? Let me know what you think in the comments section below.
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samra..i agree with you. mostly prism is a hype created by dealers.in no case its possession can be before 2022. i dont understand how sector close to ring road will be attractive if there is no assess. only sectors closer to interchange will benefit.we should also realize lahore will epand south now along raiwind and defence road. better look to future rather closer to indian borders. people will only understand this when the war bugle is blown
i am glad that you have correctly given development timeline otherwise most of the dealers say that prism will be developed in 3 years which is absolutely incorrect. Moreover, the location is as great as other DHA Lahore phases and since most of the dealers are invested in this phase therefore they create a hype for location and map as well
Can you please also give some information about commercial plots. Either in the Prism or other parts of the DHA.
Samra.
Long time your reading fan but first time contributor. I always like your analysis. Sorry for being off the topic but I have a question regarding DHA Multan’s recent applications for initial balloting. The last date of submission was March 31st. Do you know when the ballots results be out (not exactly but usually how long it takes, historically speaking). Also when the files have been alloted, how much appreciation in terms of “ON” you anticipate on 5 marla files?
So why do you think DHA says it will be fast pace development ?
Is its development so far more fast compared to other phases in Dha history ?
What is the estimated return on commercial 8 Marla zone 1?
What is update on DHA 9 town block a? when it will be get populated and should i buy plot over there?
Please share update about dha 9 town. when it will get populated? should i buy plot over there for living in next 1 year/
No.
ms. Samra,
i am talking about dha 9 town , not about prism. advice should i go for 5 or 8 mral plot in dha 9 toown now or price will be down in future?
The project is mature now and ready for possession. You can go live there as soon as you like. Prices aren’t expect to go down unless something really awkward happens.
Please help me should i go for dha 9 town as i want to build home in year time or should i go for other society. Also is there any chance that dha 9 town price will further increase?
Yes, you should go for it for constructing your home. Prices here will increase gradually, just like it happens in all developed DHA Projects.
What do you think which one is better for investment purpose ?
Bahria orchard Phase 4 or DHA Prism ?
So what do you think which one is better for investment purpose ?
Bahria Orchard phase 4 or DHA Prism ?
Really helpful insights Samra, Appreciable for sure.
Can you please provide me the link if there’s any article already on Beacon House Society,Tarogil?
Some valuable insights!
Samra, can you please provide me a link for Beacon House Society if you have analysed it before?
No, i haven’t. Will do it for you soon, In Sha Allah.
Salam,
i am planning to invest in prism 10 Marla
i was continuously visiting the agents i was confused and i had following questions
1. which of the blocks have 10 Marla plots
2. which blocks have better locations
3. average cost comparison among blocks
4.Future perspective
5. ring road impact
6. does location or cost matter for investment
7. current status of prism
Thanx God i clicked your article. i must confess its one of the most thoroughly written article about prism, i got answers to all my questions by just sitting home,
its layman s guide to prism,Feeling very clear about my investment now , God bless you, keep writing keep smiling 🙂
Samra, which is the best block to invest in Prism9 and what is best in it.
Samra, which is the best block to invest in Prism9 and why?
Phase 9 Prism is one of the best investments right now in Lahore due to the following reasons:
– Lower prices still compared to other DHA sectors which are now above 2 crore plus.
– Better access to main DHA markets than phase 6, 7 and 8
– Proximity with Ring road giving access across Lahore.
In phase 9, better to invest in 1 Kanal files as locations of 10 marlas and 5 marla files are very poor (except for J block where location is better)
Among phase 9 blocks, the best locations are A, B, C, D, E, F, G, and H.
Prices vary right now among these blocks and its better to buy the ones having lower prices (thus giving high price growth) as ultimately all of the above sectors will be around the same level once developed.
To me, the best blocks with better location and comparatively lower prices are B, F and G. There is no village in these blocks and prices are low as compared to overpriced A, D and Q blocks.
I like B block the most as it is connected with Phase 5 M block. Work is already underway right now to connect phase 5 A block with phase 5 M block via the underpass below Ring road. This underpass will be completed in this year and will connect phase 5 M Block and Phase 9 B block (upper cutting) directly to the main DHA markets in phase 1-5 without having to enter ring road for daily commute. Residents of this block will feel themselves to be living in phase 5 due to this location advantage.
Right now average prices of Phase 5 A block is 3 crore for 1 Kanal plot in A block, whereas in Phase 9 B block prices are between 1 to 1.2 crores for a good location plot in upper cutting. So you can see its potential.
Best BLOCK is D, A , F, Q IS the best block on this phase please contact us
ali azeem
03228409713
property view estate
Please help me should i go for dha 9 town as i want to build home in year time or should i go for other society like bahtria town . Also is there any chance that dha 9 town price will further increase?
Please help me should i go for dha 9 town as i want to build home in year time or should i go for other society like bahria town . Also is there any chance that dha 9 town price will further increase?
So why do you think DHA
What is the estimated return on commercial 8 Marla zone 1?
Samra, which is the best block to invest in Prism9 and why?