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DHA Phase 9 Town Lahore Plots Prices and Market Trends - LRE-Azan - 07-04-2018 03:27 PM
In Lahore’s Defence Housing Authority (DHA), the most active of all phases is Shuhada Town, also known as DHA Phase 9 Town. DHA Town is now considered perfect for people who are looking to construct their homes right away or in the near future. Here is all you need to know about it!
DHA Phase 9 Town - Project Details
It is located adjacent to Askari Housing 11 on Bedian Road, while its main entry point is through Phase 6 Block D. The Town is surrounded by DHA Phase 9 Prism on the western and eastern sides and it features five blocks.
- Block A
- Block B
- Block C
- Block D
- Block E
Prices Index of Plots in DHA phase 9 Town:
According to Zameen Index, rates of plots for sale in DHA Phase 9 Town have been going up since July 2017.
5-marla plots
While the overall performance of DHA phase 9 Town shows a promising picture, the price trends for 5-marla plots stand out. Between June 2017 and June 2018, the average price of a 5-marla plot here has gone up from PKR 5.47 million to PKR 6.14 million. In terms of percentage, this a jump of 12.17%.
10-marla plots
Contrary to how the 5-marla plot option has been greeted by the buyers, 10-marla plots registered a drop in rates. While rates here registered growth during the first quarter of 2018, they have been dropping ever since. In fact, the current value is much lower than that recorded back in June 2018. Between June 2017 and June 2018, the rate of 10-marla residential plots in DHA Town went down by 3.48%.
Current market trends of DHA Lahore
Agents operating in DHA Phase 9 Town have been seeing a rise in the number of leads for plots over the last several months. In fact, the daily transaction volume for these plots falls between 25 and 30. Our sources have also confirmed that the demand is currently high for 5-marla residential plots, where 50% transaction volume is contributed by the builders who are eager to construct and sell houses in DHA Town.
At the moment, DHA 9 Town is home to over 135 houses while many are under construction. And it is quite interesting to note that 5-marla plots here aren’t much cheaper than the average rate of a five marla plot in other phases of DHA. The only reason why demand is high here is perhaps that living in a 5-marla house in a block or phase where bigger houses are higher in number, is what many homeowners don’t prefer.
A look at BlockWise Rates of Plots.
Rates here vary according to location, and the range may appear wide to some, but based on individual demand, the rates follow:
A-Block
5 Marla
Around 55 To 80 Lacs
8 Marla
Around 85 To 95 Lacs
10 Marla
Around 125 To 135 Lacs
_________
B-Block
5 Marla
Around 55 To 80Lacs
_________
Block C
5 Marla
Around 55 To 80Lacs
8 Marla
Around 90 To 100Lacs
_________
Block D
5 Marla
Around 55 To 75lacs
8 Marla
Around 75 To 90 Lacs
10 Marla
Around 105 To 120 Lacs
_________
Block E
5 Marla
Around 50 To 60 Lacs
All dues clear
Block E
4 Marla Commercial
Around 250 To 350 lacs
All dues clear
Block A
4 Marla commercial
Around 275 to 400 Lacs
All dues clear
8 Marla commercial
Around 650 to 800 Lacs
All dues clear
Click to see Plots for Sale List
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