DHA Plot Market

NOVEMBER 2016

THE PRICES OF PLOTS IN DHA KARACHI PAKISTAN HAVE STARTED TO INCREASE SLOWLY.

DHA KARACHI MARKET HAVE STARTED TO DIGEST OFFICIAL VALUES BY FEDERAL GOVERNMENT.

Major factor of increase in prices is lowest interest rate and CPEC China Pakistan Economic Corridor.

CHINESE COMPANIES ARE RENTING NUMBER OF BUNGALOWS AND BUILDINGS IN DHA KARACHI PAKISTAN,

http://cpec.gov.pk/

Plots are trading at 15 -20 percent INCREASE after recent correction.

Many old plot owner have gone into hold position therefore market prices are gaining now.

New investors have strated to jump in.

The BUYERS are waiting for permission for construction IN PHASE 8  ZONE C , D ,E.

The construction of MAJOR road NETWORK is finished in phase 8.  ZONE B is ready for construction Development Work in Beach streets plots ZONE C ,  Sahil is completed.  Development in  Zone D & E remaining part  and business Zone plots is in progress.

Pakistan’s foreign exchange reserves is over 20 billion USD, inflow of foreign remittances is nearly touching one billion per month,

Pakistan stock exchange (http://www.psx.com.pk/) is between 40,500-40,000 point mark.

The development work going on  and the permission for construction in the year 2016 in certain areas of phase 8 is already announced.

The  government has announced to complete Karachi Lahore motor way by 2017  and  developing Pakistan into developed one. Government  has to rehabilitate Pakistan , for its survival for that purpose strong growth rate has to be achieved, free of corruption and stress on self sufficiency. The positive change is being expected in this administration , the people of Pakistan are taking challenge themselves.

The GENUINE investors now have the full confidence in DHA Karachi Pakistan property market. 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 very good location 500 sq yds plot in phase 5 and 6 is around 6.50 to 7.0 cror. 1000 sq yds very good location plot is around 12 to 14 cror.

Today the market prices of plots in different locations were ,  500 sq yd residential plot in D cutting,  phase 8 reached 5.0 to 6 crors crors ,  Sahil 300 yd plot is at rupees 3.25 cror , sahil 500 yd around 4.25 plus CRORE.  Defence streets phase 8, 4.40 crors.
2000 yds category residential plots in 3rd belt of phase 8, below 30th street were around 20 crores and prices above 20 street is upto to 23 crores.
1000 sq yds plots in phase 8 developed ares is above 12 crors.

The sale of bungalows up,. The 500 sq yd brand new house priced around 10.0 cror, 1000 sq yds was priced around 20 cror and 2000 sq yd was price around 37 crors  for top quality and top location houses.

DHA CREEK VISTA in phase 8 of DHA, KARACHI, PAKISTAN,  The price of four bedroom apartment was around 6.50 crors, 3 bed 5.75 cror. The market prices in the commercial areas of phase 8, Almurtaza commercial / Zulfiqar commercial 100 sq yds Rupees 7.5 cror . 100 sq yds plot on main shaheen is above 13 cror.

BEACH AVENUE 300 SQ YDS COMMERCIAL PLOT IS ABOVE 25 CROR INCLUDING DUES.