MAY   2016

THE DHA PLOT MARKET IS IN positive NOW and steadily going in upward direction ..

The official collector rates of plots in phase 8 is very low as compared to phase 5 and 6, this also adds up to high trading activity in phase 8.

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

Funds from gulf countries Pakistani community also coming in due to uncertain governments.

Karachi stock market 100 index is between 35,500-36,000 point mark. Government has Set 5.5 growth rate target.

There is huge gap between market value and official collector rate of plots in DHA as is all properties in PAKISTAN), but at the same time phases other than phase 8 are all populated and well populated making it more secure and harmonious.

The market mood is once again upward mode specially in phase 8. Speculators are making money specially in  phase 8.

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 slow.   Investors were waiting for upto 20  percent discount, but market rebounded due to recent positive developments by the government.

The black economy is contributing significantly  in this sector , more and more funds are being parked in DHA PLOTS specially after dollar depreciated.. Just take the example of average 500 yds residential plot in D-CUTTING phase 8,  back in January 2009 the price rupees 70 lacs now the price is rupees 5.0  cror ( rates of plots  varies with streets & location) Sahil 300 yd plot is at rupees 2.65 cror sahil 500 yd around 4.45 cror cror.  Defence streets phase 8, 3.25 cror , 2000 yds category residential plots in 3rd belt of phase 8, below 30th street are around 16 cror crores and prices above 20 street is upto to 19 crores.(approx)

The sale of bungalows have slowed down. The 500 sq yd brand new house is now priced around 9.5  – 7.75 cror, 1000 sq yds is priced around 19- 20 crors plus and 2000 sq yd is price around 38  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 now. 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 market prices 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 are also at attractive levels.
The prices of MAIN ROADS  Commercial plots like 200 sq yds kh e ittehad 20 cror plus , 100 sq Main ittehad 10.0 cror plus , 200 sq yds shahbaz  20 cror plus . 400 SQ YDS IS 38 CROR PLUS.