MARKET ANALYSIS

SEPTEMBER  2016

OVERVIEW.

BLESSING FOR GENUINE BUYERS IN DHA  KARACHI PAKISTAN.

Now prices of plot are coming in their reach gradually.

THE DHA PLOT MARKET IS IN Correction Mode . 40 to 30 percent DISCOUNT expected,

DUE TO CHANGE IN OFFICIAL  VALUES BY FEDERAL GOVERNMENT.

Speculation is dead for now.

Phase 8 is giving maximum discount to genuimne buyers.

 

Pakistan’s foreign exchange reserves is over 20  billion USD, inflow of foreign remittances is steady,

Karachi stock market 100 index is between 39,500-38,000 point mark. Government has Set 5.5 growth rate target.

The growth rate in the neighboring countries like China and India is AT 7%, Pakistan is trying to make improvement in that area against all odds. The near future outlook appears moderate.

The new  rates of plots are yet to be determined,  Rates befrore july were 500 yds residential plot in D-CUTTING phase 8,  the price was rupees 6.60  cror ( rates of plots  varies with streets & location) Sahil 300 yd plot was at rupees 3.65 cror sahil 500 yd around 4.50 cror.  Defence streets phase 8, 4.60  cror , 2000 yds category residential plots in 3rd belt of phase 8, below 30th street are around 22 cror crores and prices above 20 street is upto to 26 crores.(approx)

The sale of bungalows have slowed down. The 500 sq yd brand new house is now priced around 10  – 8.75 cror, 1000 sq yds is priced around 19- 20 crors plus and 2000 sq yd is price around 50  crors plus for top quality and top location houses. Although there are lower priced houses according to their location and quality. If you are interested in buying creek vista apartment there. The price of four bedroom apartment is around 5.50  crors . AS far as EMAAR project at cresent bay in phase 8 is concern , builder is progressing at  slow pace and demanding 90 percent payment at the completion of structure ONLY, where as buyers are ready to pay 60 percent at completion of structure. If the project is able to deliver the product  in announced time it will be the best project in whole DHA KARACHI PAKISTAN.

 

The  prices before July 2016 in the commercial areas of phase 8, Almurtaza commercial / Zulfiqar commercial 100sq yds Rupees 6.5.0 crors and peninsula commercial area 100 SQYDS is at 4.35 cror, tipu at 4.30, iqbal at  4.35 cror , SABA AVENUE  at  15 cror .
The prices of MAIN ROADS  Commercial plots like 200 sq yds kh e ittehad 25 cror plus , 100 sq Main ittehad 13.0 cror plus , 200 sq yds shahbaz  25 cror plus . 400 SQ YDS IS 40 CROR PLUS. Sahil commercial 100 sq yds average plot is between 4.90 to 5.25 crors.