16 October, 2018
Latest Development Updates on DHA Rahbar Phase II
Property News
DHA Rahbar Phase II is one of those few housing schemes where plots of smaller sizes are available and rates are consistently increasing. Due to smaller plot sizes, it has open doors for investors with a limited budget who want to live in DHA Lahore. Consequently, the demand is high and DHA Rahbar Phase II and hence the hiked prices. DHA Rahbar Phase II encompasses nine blocks that are F, G, H, J, K, L, M, N, and P.
Project Location:
The project is situated at a decent location of Defence Road. It can also be accessed directly through Raiwind Road, Ferozepur Road, and southern loop II of Lahore Ring Road. Adding more bling to already good location; DHA Rahbar Phase II is perfectly nestled amid some other noticeable housing societies that include Fazaia Housing Scheme Phase II, Lake City, Golf View Residencia, Valencia Town, King Edward Medical Housing Society, and Khayaban-e-Amin.
Market Trends:
The announcement of possession for Blocks M, N and P has resulted in the interest of genuine buyers as well as investors. 5 Marla plots are most sought after and that’s the Plot size of most of the DHA Rahbar Phase II. The demand for residential plots here is ever increasing. In the last six months alone the prices have climbed by 15%. Real Estate gurus expect even greater rise as investors are expecting a merge of DHA Rahbar Phase II and King Edward Medical College Housing Society.
What the Future Holds?
At present, the society is most suitable for end users and genuine buyers are mostly seen buying and selling here. Investors are less likely to take interest in DHA Rahbar Phase II as there is no major development expected and short term investments might not yield as high profits as its neighboring societies are offering.
The current prices are almost half of what neighboring societies are demanding. The situation is expected to change only steadily and a rapid increase is only expected if King Edward Medical College Housing Society or any other neighboring society merges with DHA Rahbar Phase II. However, despite expectations no such official announcement has been made.
Price Trends:
The demand is comparatively higher in Blocks M, N and P of DHA Rahbar Phase II. These blocks are accordingly better developed too and provide underground electrification system. Demand is highest in Block P and this is the most expensive block of all. The main entrance of the society is also located in Block P. Given are the current price trends in different Blocks of DHA Rahbar Phase II.
| Blocks | Plot size | Min Price(PKR) | Max Price (PKR) |
| Block F | 5-marla | 4,100,000 | 6,000,000 |
| Block G | 5-marla | 4,800,000 | 6,000,000 |
| Block H | 5-marla | 4,800,000 | 6,050,000 |
| Block J | 5-marla | 3,500,000 | 4,700,000 |
| Block K | 5-marla | 4,500,000 | 5,050,000 |
| Block L | 5-marla | 4,600,000 | 5,500,000 |
| Block M | 5-marla | 4,200,000 | 5,700,000 |
| Block N | 5-marla | 4,100,000 | 5,500,000 |
| Block P | 5-marla | 4,500,000 | 6,500,000 |
Conclusion:
DHA Rahbar Phase II is offering an ultimate lifestyle that the society is known to provide at a low cost. Comparative to its neighboring societies, this society has lowest prices and matching facilities. The increase in prices is also steady and therefore this scheme is also providing good investment avenues for medium and long term investments. We suggest our readers to consider investing here if they are looking to buy a house in DHA Lahore on a limited budget.
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