GENUINE BUYERS AND BUILDERS IN DHA KARACHI PAKISTAN HAVE STARTED TO REINVEST AFTER 5 MONTHS CORRECTION PERIOD.
THE PRICES HAVE IMPROVED 15 PERCENT DHA PLOT MARKET.
MARKET HAVE STARTED TO DIGEST THE OFFICIAL VALUES BY FEDERAL GOVERNMENT.
Pakistan’s foreign exchange reserves is over 20 billion USD, inflow of foreign remittances is steady,
Karachi stock market 100 index is between 40,500-40,000 point mark. Government has Set 5.5 growth rate target.
The growth rate in the neighboring countries like China and India is ABOVE 7%, Pakistan is trying to make improvement in that area against all odds. The near future outlook appears moderate.
The rates for `1000 sq yds plots varies between 10 crors to 13 crors in phase 6 and phase 8 where the population of houses is saturated. furthermore rates of very good location 500 sq yds plots in developed or populated areas is between 6.0 cror to 7.0 cror
500 yds residential plot in D-CUTTING phase 8, the price IS 6.0 TO 5.25 CROR cror ( rates of plots varies with streets & location) Sahil 300 yd plot was at rupees 3.25 cror sahil 500 yd around 4.25 cror. Defence streets phase 8, 4.40 cror , 2000 yds category residential plots in 3rd belt of phase 8, below 30th street are around 20 cror crores and prices above 20 street is upto to 23 crores.(approx)
The sale of bungalows have STARTED TO INCREASE. The 500 sq yd brand new house is now priced around 10 – 11 cror,
1000 sq yds is priced around 19- 21 crors plus and 2000 sq yd is price around 48 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 6.50 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.