DHA RAHBAR (PHASE XI)
Situated on the Defence Road behind Valencia this society boasts low budget high yielding profits. With limited number of plots and files available in DHA Rahbar there is a tremendous upwards increase in the prices. This part of DHA is surrounded by different newly developed societies with plots available at lower prices than DHA Rahbar as well, but the name tag, security, contemporary infrastructure, transparency; is missing in all other options available in the surroundings. They have expanded the Defence Road due to which the rates have gone phenomenally up plus there’s the new bridge that has been built to ease the accessibility to the community. There are two major Phases in DHA Rahbar and a third extension of Phase 2:
- Phase 1
- Phase 2
- Phase 2 Extension
We will briefly discuss each Phase from an investment point of view along with the residential potential in each.
This is the first Phase which has been developed by DHA, with a small community occupying the premises. The commercial and the residential areas are well established. The wiring however, is above ground unlike the newly developed Phases of DHA from Phase 5 onwards. This is because the society was previously known as Rangers Society and later on was taken over by DHA and named DHA Rahbar. Phase XI previously consisted only of Halloki Gardens and the inclusion of DHA Rahbar was done in August, 2015.
This had a huge impact as the rates last year started going up and haven’t stopped since. This Phase includes 5 marla, 10 marla and 1 kanal plots along with 4 marla and 8 marla commercials. This Phase’s only drawback is the electrical wiring which is overheads, other than that it’s a beautiful community with a good infrastructure to live in. Builders have started construction as they potential for settlers in this community at a fast pace.
It is recommended that if you want to build a one kanal or a 10 marla house to go for a plot here, smaller plots are not recommended. Investing in commercial is recommended for rental purposes.
The newly developed Phase has it all over ground wiring, exemplary infrastructure with multiple parks. All these traits are reflected in the prices of the plots in Phase 2, residential plot prices have surpassed the residential prices of Phase 1. The prices of commercial plots however, remain low compared to Phase 1 because of non-possession but it’s pretty likely that they would go up as they haven’t risen by the amount that other files and plots have.
This Phase is bigger as compared to Phase 1 as DHA has acquired more land in this Phase and the infrastructure is far better compared to Phase 1 as well. This Phase consists of primarily 5 marla plots. The location is nearer to Ferozpur Road as well with the extension coming right after the bridge.
It is recommended that you purchase a commercial plot for investment purposes which is due correction anytime soon. Residential plot of any size especially 5 marlas is recommended.
Phase 2 (Extension)
Phase 2 Extension doesn’t exist on ground. Files of this Phase of DHA Rahbar are being sold and the map will be announced on the ballot of these files which is expected later this year. Before the year end it is expected that DHA will ballot majority of the residential and commercial files. These files have more than doubled in the last 4 months and expected to rise until possession.
With a CCA being formed on the other side of the drain the developed land will have little or no drawback. The CCA will consist of 55 commercial plots and around 300 odd residential plots. Adjacent to Phase 2, this would be the premium locality in times to come as the location is near the new bridge.
It is highly recommended to buy files, residential or commercial in DHA Rahbar Phase 2 Extension as we believe that at the time near the ballot the prices will jump exponentially and once plot numbers are allocated to files each plot will have its own worth depending upon the location.
Captain Shahnawaz Bhatti (Retd) is the founder and CEO of Imlaak which is based in DHA Lahore. He has represented a large number of investors in a wide array of real estate transactions. With more then 8 years experience in commercial real estate, marketing and real estate project management, he has a proven track record of guiding national and multi-national clients with their real estate portfolios and asset management. He is also an active real estate blogger and offers free advice through his articles. Imlaak handles real estate transactions valued at well over 9000 million every year. Our specific area of expertise includes strategic planning , transaction management, asset trading, partnerships & venture capitalist with experienced business owners, entrepreneurs, inventors & some proven-concept start-ups. In a very short time, Imlaak has introduced a new vision of professionalism, transparency and hard work in the real estate industry. ‘There is no better time to invest in real estate than today’ Captain S. Bhatti