Would like to know where should buy a plot keeping in mind 5 year horizon. Which phase still has potential to go up in price, 7,8 or 9. Why phase 7 and 9 prices are lower?
Salaam,
In my opinion DHA Phase 8 will be the winner among all 3 , prices of phase 7 are less because of its location and approach and Phase 9 is still under development so the prices will remain in a loop.
Jazak Allah
Dear Umar,
I believe that Phase 8 will continue to grow as it is already following an upward trend. Phase 9 is under development and the prices will fluctuate once giving you profits and in the same year your plot might be underpriced. Phase 9 is a purely trading commodity which is buy at the low sell as it’s up. Don’t hold for longer periods of time. Phase 7 on the other hand is at an all time low if we compare the last three years. Phase 7 in my opinion will grow but only those areas where houses are being built e.g. S block, R block etc. It wouldn’t be wise to invest in the lower end of Phase 7.
regards,
Umer
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