Where To Buy Plot In DHA Lahore to Invest in 2020
Where To Buy Plot In DHA Lahore to Invest in 2020
The Pakistan, government has taken bold steps by launching a construction relief package. However, the government allowed investors to invest money in construction projects without declaring income sources. It also cut taxes on property transfers and builders, developers, etc. This package will have a positive impact on the real estate sector. In short, this package will increase buying activity at DHA Lahore. It is safe to assume that in the coming months, real estate prices for construction projects and developed areas will be higher. Today’s we will tell you about the best places to buy a plot at DHA Lahore.
The stamp duty has been reduced to 1%, which mean transfer costs are reduced by 30-50%.
DHA Phase 8 Lahore
Phase 8, DHA Lahore one of the best option in terms of investment in 2020. Because the prices of the plots are still lower than, Phase 6 & the location is much better. It will give you gainful return & enjoy relief benefits provided by the construction package.
The possession of the plots in Phase 8 has been given a few years ago. Now we can see a lot of new houses built by the house owner. The current average plot price in DHA Phase 8 is 5-7 million lower than in 2016. This should be kept in mind, as I think there is all the potential to regain in the current scenario. However, this is a profitable investment option in the current scenario. Also, buy property far from Graveyards and High tension wire etc. It is much safer for investors to buy mid-range plots between 185 and 220 Lacs in the good part of the U and V blocks. These plots give you gainful Return on investment in the upcoming years.
DHA Phase 6 Lahore
Phase 6, is also a good option in the construction of the home. The plot price in DHA Phase 6 is 1.6 to 3.75 crore. Phase 6 has fully developed and one of the modern phase of DHA Lahore. This is actually a great opportunity to buy a plot in good location blocks such as A, B, H, J, C etc to build a house. If you want to buy a plot for investment purpose, you should buy a mid-range plot of good locations in 215 to 250 Lacs such as C, D, G, J, K & L blocks. In term of investment prospect, I think the price appreciation will not be as much as DHA Phase 8.
DHA Phase 7 Lahore
When it comes to building your house in Phase 7, only buy a plot in P, Q, R, S and T blocks. It is a good option for those who have a limited budget and enjoys all the luxurious amenities of DHA Lahore. You can build a house in half the price of Phase 6 and 8 and can save you money. You can invest the save money in other areas with better returns. However, we are not recommended this phase for investment purpose because of the average gains in plot prices for the past few years.
DHA Phase 5 Lahore
Phase 5 is the most modern, developed and populated Phase of Lahore DHA. It is the best choice for homeowners, even better than phase 6 & phase 8 for living purpose. However, the Price of the plot in Phase 5 is higher than in other areas. The demands of plot in Phase 5 are higher. It offers a great opportunity for those who are willing to invest in construction. It has a huge potential for new home sales. There are some possibilities that price may increase. You can make money by constructing a house for resale or for own living.
DHA Phase 9 Prism
DHA Lahore Phase 9 Prism is not developed yet. There is no clear deadline about its possession. It will return well in upcoming 2 to 3 years near its possession. If you are looking for long term at least 2 to 3 years. Phase 9 Prism is a great choice for earning a good profit in the upcoming years. It is best to buy upper portions plots such as A, B, C, D, F blocks, etc. It also offers 5 Marla plots from 4 to 5 million, making it suitable for low budget investments as well.
DHA Phase 9 Town
It is the only option for small investments & consists of 5,8 and 10 Marla plots. In addition the plots price range in Phase 9 town between 4.5 to 8 Million. All phase is under possession and enjoys the relief benefits under construction package. However, it also an ideal option for earning good money.
DHA Rahber Phase 2 Ext
The ballot has happened, Now the plot price is same as the file price. Comparing its price with Rahber Phase 1 and 2 we can observe that in time it will gain 1 to 2 Million easily in 2 to 3 years period. For investment, only 3 Million are required. It is good for low budget investors who want to secure a plot in DHA Lahore. This area is non-possession and only good enough for capital gains.
Ivy green Phase 8
It is an underdeveloped area. However, it will get the advantage of the lowering of stamp duty to only 1%. It offers 5, 10 and 1 Kanal plots besides 4 and 8 Marla commercials. 5 Marla plots price is in between 3 to 6 million. A lot of development work has been done but DHA is falling behind to give an exact time for its possession. It is good for a low-cost investment. However, you can get a better return in 2 to 3 years near possession