What’s hot in DHA Lahore’s Phase V for investment?
DHA Lahore’s
Phase V has a contemporary look, featuring underground electrification and
high-end amenities and facilities. Although this phase is saturated with only a
few plots left, it still holds charm for big investors that are on the lookout
to bag massive returns in the near future.
Currently, Phase
V’s M Block Extension is the area you should be looking at to satiate your
investment desires. This block features 1-kanal, 10- and 5-marla residential
plots, along with 8- and 4-marla commercial plot files.
The prices of
these plots are lower as compared to the prices of plots with possession in
Phase V (proper). It is expected that possession of these plots will be handed
over sooner rather than later. However, an even more enticing factor has made
me believe that you should invest here.
An underpass is
being built from Phase V (proper) to Block M Extension and it will extend up to
Prism 9 and 9 Town. Development work on the underpass in question is being
carried out at a good pace. See the images below to get an idea of development
work in question:
Due to this
development, demand for, and the prices of, plots in Block M Extension have
increased impressively in the recent past. I believe prices will increase
further as development work progresses.
Let’s analyse
prices in Phase V (proper) and the Block M Extension. Currently, the prices of
residential and commercial plots in Phase V (proper) are as follows:
Residential
Plots
|
|
1-kanal
|
PKR 25,000,000 to PKR 32,500,000
|
10-marla
|
PKR 17,500,000 to PKR 21,000,000
|
5-marla
|
PKR 8,500,000 to PKR 11,000,000
|
Commercial
Plots
|
|
8-marla
|
PKR 140,000,000 to PKR 180,000,000
|
4-marla
|
PKR 80,000,000 to PKR 90,000,000
|
On the other
hand, the prices of residential and commercial plots in Block M Extension are
as follows:
Residential Plots
|
|
1-kanal
|
PKR 15,000,000 to PKR 17,500,000
|
10-marla
|
PKR 9,000,000
|
5-marla
|
PKR 7,500,000
|
Commercial Plots
|
|
8-marla
|
PKR 57,500,000
|
4-marla
|
PKR 32,500,000 to PKR 33,500,000
|
Note: 10-marla
and 5-marla residential plots in Block M Extension are limited in number.
As you can see,
there is a lot of room for price appreciation in Block M Extension, making it a
considerable investment in the current scenario. Due to the development of the
underpass, price hikes will also be seen in Prism 9 and 9 Town, making them hot
for investment.
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