Defence Housing Authority 4.61

DHA KARACHI trading activity s going on confidently, investors are making money. 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. ( There is huge gap between market value and official collector rate of plots in DHA as is all properties in PAKISTAN) . 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 propgress. Pakistan’s foreign exchange reserves is over 12 billion USD, inflow of foreign remittances is nearly touching one billion per month, Karachi stock market 100 index is between 29,500-29,000 point mark. The prices of property in DHA Karachi currently is getting appreciated especially in phase 8. There is still potential in plot prices, due to development work going on at high speed and the permission for construction in the year 2014 in certain areas of phase 8 is already announced. The new government is bent on developing Pakistan into developed one , focusiing on pwer sector and motorways. 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 market prices of plots in different locations are ,,,, 500 sq yd residential plot in D cutting, phase 8 reached around 2.90 crors(first belt) , Sahil 300 yd plot is at rupees 190-155 lacs, sahil 500 yd around 2.30 CRORE. Defence streets phase 8, 195 lacs. 2000 yds category residential plots in 3rd belt of phase 8, below 30th street are around 9.0 crores and prices above 20 street is upto to 12 crores. The sale of bungalows have also shown rise, all the quality houses are sold out, few are left now, builders have started to buy new residential plots for new construction. The 500 sq yd brand new house is now priced around 6.50 cror, 1000 sq yds is priced around 14 .cror plus and 2000 sq yd is price around 24 crors plus for top quality and top location houses.