DHA Peshawar Development Work and Future Prospects

7 months back on 25^th Dec-2017 Balloting of DHA Peshawar was held. This balloting brought bright horizons of future perspective for the investors. Today we are going to discuss the medium and long term investment opportunities in DHA Peshawar after the balloting. As DHA Peshawar is the only project for which has the people have waited a lot and have lots of expectations from it.

Some-thing important you must know about DHA Peshawar is

• The master plan of Block A, B & C has been launched only till now.
• The master plan of Commercial plots yet to be revealed.
• Another mini ballot is expected in near future also the master plan of remaining blocks will be launched soon.
• The development of 3 blocks namely A, B and C will complete in next 15 months according to the administration of DHA Peshawar.
• The development charges will be paid in quarterly installments of 3 years, total amount is 2250000/– PKR.

These factors caused little bit of uncertainty in the real estate market. But hopefully this situation will not last too long. It is hoping that the mini balloting will held very soon also the commercial plans will announced by the end of 2018.

So with all this in mind where do we see DHA Peshawar market in near future?

Let’s get the answer of this question.

Here’s the answer, absolutely it will grow but it will take time it’s not going to happen overnight there’s no such spell to get the things done overnight. Have you bought a file in 50 to 51 Lacs? it is suggested to sell it at 57 Lacs and get little benefit of 4 to 5 Lacs. But there’s another better option as well it would be wiser to wait for a year or so for high yields returns.

Present Market Behave

If we analyze the current market behavior we found it positive after balloting and the growth rate is too phenomenal. It has grown almost 10 Lacs from its pre balloting price. This happens partially correct as only the corner plots have reached this hike. It is noticed that there are not a huge number of buyers available currently. This happening is not new in real estate sector, the prices usually slump right after balloting or possession because of supply surplus.

Furthermore the incomplete map of DHA Peshawar played a vital role in the current market situation, expectedly in coming few months the prices will improve when the complete map revealed.

So if you have invested in DHA Peshawar and you are worried that it has not grown as expected than the first thing you need to do is stop worrying and read our recommendations below.

Recommendations

• Do you have a plot in any other block than A, B and C, hold it till the complete master plan is launched, hopefully in couple of months.
• If you have a plot in A, B and C and is not a premium location plot, it is suggested that you sell it now and add a few Lacs and buy a better plot.
• If you have a plot in A, B and C and is a premium or at a good location than hold it and wait for at least 6 months, better is to hold for a year or so though. The reason for this approach is that in 6 months to one year when the local people will see the development, genuine demand will come into play.
• If you still want to hold it further, we will suggest that best is to take an exit a few months before possession. Do not wait for possession because if you do than you will have to wait for the next investment cycle which is likely to begin after 3 to 5 years.
• If you are a long term investor than you can have two strategies, either wait for 4 to 5 years and take an exit or wait for 10 years and exit when fully matured.
• Expected prices of DHA Peshawar with timeline are as under and we will only talk about plots in A, B and C block

1.  1 to 1.5 years 90 to 120 Lacs
2.   3 to 5 years 150 to 200 Lacs
3.  8 to 10 years 350 to 450 Lacs

If you ponder above timelines, during the 1 to 1.5 years’ timeline and 3 to 5 years’ timeline you have to pay partial development charges and complete development charges respectively. If we consider an average plot price of 60 Lacs today than you will have to add 22 Lacs approximately as capital so your total investment will also surge to 80 to 82.5 Lacs.

So what you should do is up to you but if you need any further assistance our team of experts is always available to assist you. Any questions you have write to us or contact us at Apex Group “Converting Dreams into Reality”