Archives

Posted by on

Y Block DHA Lahore Phase 3 Commercial Area – Expert View

Commercial investment is the most profitable than the residential sector, which always appreciates the investors by returning something better. The market rate of the commercial sector is much higher than the residential sector If we talk about the famous markets or commercial areas of the heavy flow city, Lahore, few areas that click our mind first are Liberty market, Auriga Market, MM Allam Market, Moon Market, Y Block Market, and Kareem Block market. But in all of the mentioned areas, Y block market is most worthwhile and advantageous in money-making.

The residents of DHA are enjoying monthly rent and a better return, this market has a commercial feature of Plazas and plots of 4 and 8 Marla’s. If the commercial plot is situated at the corner or facing the road, it will always be considered ideal.

Most lucrative Area in entire DHA:

Following are the features that how this area is such cost-effective and how it attracts the commercial investors as well as the residential investors in Y Block.

All accessory brands:

All the known brands of clothes, shoes and other necessity outlets of basic accessories are there to fulfill the demands. These all features may also be in other markets of Lahore but the factor that attracts the visitors is that the outlets of the area provide the latest stock to the people.

International & domestic Food chains:

As Lahore is the land of food lovers, anyone who goes outside the house can’t back to home without eating something. In the Y-block market, it is also a positive point that captures the attraction of investors that it had almost all the international and Pakistani food brands.

A beautiful park (Sheeba Park):

To provide a healthy living to the public population a well-designed park (Sheeba Park) overlooking by the fast food franchise is provided by the developers, which remains open 24 hours.

Major banks

All Major banks branches are there:

  •      United Bank – UBL

  •        Sindh Bank

  •        Meezan Bank Limited

  •        MCB Bank Limited

  •        Bank of Punjab

  •        Askari Bank Ltd. Islamic Banking DHA Y Block

  •        Summit Bank Y Block Branch

Goal plaza market:

On the main road of highly commercial market goal plaza market is located, a plaza which is itself a market in the round shape. This building is famous because it is playing an important role in the commercialization of the Y block market.

Parking issue in Goal market:

If you are having a shop in goal plaza market, you definitely have to face the issue of parking because a number of offices and shops are there, this fact is a bit problem facing.

Estimated Prices:

Goal Market prices of shops are:

  •      On ground floor prices are outer 4 to 7 crores

  •        inner circle ground floor prices are 3-5 crore.

Limited availability of the commercial plots:

If you are considering the Y-block market to make the investment, it will be a fruitfully efficient decision. The most inexplicable thing about this market is that there is always limited availability of commercial plots because this is the most commercially considerable market of Lahore.

  •       In Y & Z commercial area, prices of commercial plaza 8 Marla is from 14 to 22 crore. This is the estimated price status, prices of the area depend on location.

This observation of DHA Commercial Analysis specifically Y-block market in Current Market provides us insight to all the lucrative availabilities of offered by the DHA. This is also an idea of providing eBook that helps to reveal the investment advantages in Y-Block, in returns versus.

Do subscribe Rightdeed.com for daily real estate updates, we will also inform you about the other commercial markets of Lahore and over the country, which will help you to make the best investment.

Posted by on

Best Location to Buy A Commercial Plot in DHA Lahore

If we talk about the commercial market of DHA, this market is giving profit in each aspect of investment like for personal use, investment purpose, and rental return. In this article, we will discuss, this year where you should buy plots in DHA, Lahore.


DHA has a wide area offering a number of housing and commercial opportunities you have to choose a suitable place according to the nature of your business that in which area you have to invest to get a return.


Rental Returns


For high rental yield, there are limited options in DHA Lahore. You need to understand the capability of investment regarding rental returns. You can consider the following areas for this purpose.


  •       Phase 6 MB

  •        Phase 5 CCA

  •        Phase 3 Y and Z block


These areas can offer you 4 to 8 Marla commercial opportunities. You can certainly go for a plot instead of a plaza in Y block or Z block. 8 Marla location in Y block is better than 4 Marla plot locations for investment purpose.


To establish your own business


Depending on the nature of the business you have to select a location for personal use. If it is a retail outlet it depends on the kind of retail outlet also matters. If we talk about furniture and tiles business you will definitely look towards DD, Phase 6 CCA 1, FF market, Phase 6 MB.


For cloth business:


  •       G and H block

  •         Y block

  •         Near Alfatah of Y block


For cafes or restaurants:


  •       4 or 7 Marla in H block market

  •      Location on the main roads like Phase 5 main road, and Phase 2 main road commercials on and near Lalik Jan Chowk.

  •        The around Jaidi Pan Shop, Karachi hot and spicy are considerable to cater to middle, middle-upper class.

  •        Z block market facing inner parking for a high-end food outlet your option is for low-end food items or small businesses

  •       For bakery and stores, you can choose any on the main road such as G or Y block main road commercials, Phase 4 DD or FF main road.


For Investment purpose


For investment purpose you can look upon the areas mentioned below:


  •      Phase 9 Town

  •        Phase 8 Broadway

  •        Phase 6 CCA 2

  •        DHA Rahbar Phase 2

  •        Phase 8 Park View file


On the main road prices are nearing maturity but if you buy plot back from the main road prices are reasonable about half as compare to the main road. But it will also be beneficial, prices will definitely get high within two or three years in such a lucrative area.  The 4 Marla file has a lot to offer, DHA Rahbar Phase 2 is also offering 4 Marla files which is highly advisable for a short term investment.


E block is also a good choice for startup, prices are not such high in this block as others but after the development, there will be an abrupt climb in prices.


If you are interested to make any kind of commercial investment in DHA Lahore, it is the best time when the real estate market can entertain you in the negotiation of your demand and market prices because property market is low in this year. It may rise at the end of this year but the rise of the field will be sudden and profitable, so do not miss the chance to relish your future.

Posted by on

Commercial Area Phase 5 Defence Lahore – Attractive Investment

Phase 5 of Defence Lahore is one of the most beautiful phase with underground electricity system. DHA Defence


phase five main commercial area is known as CCA (Central Commercial Area) is considered like Y block commercial market of phase three. It is situated near the Wateen Chowk. In past few years a massive growth in construction of houses being observed in Phase 5 Defence Lahore.


An owner of a commercial plot in phase five CCA is like you have a running secured business because you can earn regular income by giving your plaza on rent basis.


In the following article we will try to cover of different aspects of phase five commercial area.


Banks.


All major banks are there here is the list of the banks you can find in phase five commercial area.


Bank Al Habib


Dubai Islamic Bank


MCB Bank Limited


Meezan Bank


HBL Bank


Standard Chartered Bank


Restaurants


A variety of restaurants are available in Phase 5 commercial Area Defense Lahore.


Tawa Tandoor


City Cafe and Grill


Veera 5 Thai And Chinese Cuisine


Red Pepper


Covent Garden.


Gloria Jeans


KFC


Big Moe’s Diner DHA


 Commercial Plot Size in CCA 5:


There are two type of sizes available in CCA Phase 5 Lahore Defence commercial plots, 4 & 8 Marlas.


Floor Plan:


Commercial plots owners can build Basement, Ground floor, Mezzanine floor, 1st floor 2nd floor and 3rd floor. Bylaws of DHA elevator is compulsory.


Average price of Commercial Plot:


Due to less availability in CCA phase 5 prices are stable. Although property market is bit slow but still it is hard to find a commercial plot on low price. Currently prices are …


Average Monthly Rent in CCA 5:


It depends on the location of commercial plot but as of now 8 Marla plazas can generate 4 to 6 lacs per month. It can be more if deal signs with some franchise banks or multinational company.


Own A Business in CCA phase 5:


Being an owner of Phase 5 commercial plot/Plaza having own business is a really great choice. Most of business in DHA got flopped because of high rents. If you have your own plaza, would be a great choice to own a business. It will help you to sustain in the business for long time and ultimately success in the business.

Posted by on

Askari 11 Lahore Property Details House & Flats | Buy Sell Rent

Askari housing projects are basically for the Pakistan Army. But you can also have your dream house in Askari. These projects are for civil people too and very popular among them. The basic reason of its popularity is security arrangements, nature friendly environment and far from the rush busy life of Lahore.


All the projects of Askari housing society are famous. However three projects come on top i.e.


  • Askari 11 Lahore,

  • Askari 10

  • Askari 9


Although all the projects are good but here we will mainly discuss about the Askari 11 Lahore. As you know security situation in Pakistan is not good. Everyone is concern about the security of their families.


Askari housing societies are run by defense authorities. Askari 11 is clean, more open, and safer than other societies. It is a dreamland where everyone wants to live.


There are some unique features of Askari 11 Lahore.


  • First, Askari 11 Lahore has a very ideal location. It is located outside Lahore at Bedian Road near Lahore Ring Road.

  • Second, fresh environment surrounded by trees as compared to other areas.

  • Third, you are free from the rush life of Lahore. It’s far from the busy life of Lahore.

  • Fourth, you can easily reach to other corner of Lahore by using Lahore Ring Road. Its like blessing for the people of living in Askari 11


However main features are as below.


  • Full-proof security

  • Clean environment

  • Secure and Separate parking for apartments

  • Parks and mosques

  • Separate entry and exit points

  • Market and commercial area


However, other major features are as below.


  • Bedrooms with attached washrooms

  • Imported fittings

  • Amazing woodwork

  • Commercial area is very near

  • Complete wiring of UPS and a generator

  • Monitoring of residential areas through CCTV

  • Beautiful lawn with variety of plants in 1 Kanal house

  • Fall ceiling


These are the feature that makes it popular.


Other than buying, houses on rent are also available on reasonable prices. As compare to the location and facilities,the rent prices are low. Moreover, house of every size is available there.


The size of house includes 10 Marla House for rent in Askari 11 Lahore.


12 Marla house for rent in Askari 11 Lahore is also available.


Moreover, 1 Kanal house for sale in Askari 11 Lahore. However prices vary according to the size.


For example, rent of 10 Marla house in Askari 11 Lahore is Rs. 50,000 to 55,000 per month. As well as, rent of 12 Marla house in Askari 11 Lahore is Rs. 60,000 to 65,000 per month. The rent of 1 Kanal house in Askari 11 Lahore is Rs. 75,000 to 80,000 per month.


For your ease, we have drawn a chart below.


Size of house                                                            Amount of rent


10 Marla house for rent in Askari 11 Lahore              50,000-55,000


12 Marla house for rent in Askari 11 Lahore             60,000-65,000


1 Kanal house for rent in Askari 11 Lahore                75,000-80,000


The apartments of Askari 11 Lahore are also very famous with its residents. They are mostly popular among the Students and working class. The main reason of preference is their less rent.


The apartments consist of three bedrooms, a drawing room, dining room, and a kitchen. They are available in 10 Marla and 12 Marla apartments. The rent of 10 Marla apartments in Askari 11 Lahore is Rs. 25,000 to 35,000 per month. Whereas, the rent of 12 Marla apartments in Askari 11 Lahore is 32,000 to 42,000.


Moreover, you have to submit three months security in advance to your landlord. The amount of security is refundable over expiry of the contract.


Table below further informs you about the prices.


Size of Apartment                                                  Amount of rent


10 Marla apartment for rent in Askari 11 Lahore    25000-35000


12 Marla apartment for rent in Askari 11 Lahore   32000-42000


If you want to buy an apartment in Askari 11 Lahore they are also available for sale. The Apartments are seven storeys.


The structure of 10 Marla apartments and 12 Marla apartments is different.


For example, 10 Marla apartments for sale in Askari 11 consist of three apartments.


Whereas,12 Marla apartments for sale consist of four bedrooms.


But the prices are also different. Like, price of 10 Marla flat for sale in Askari 11 Lahore ranges from 10.05 million to 10.43 million. Whereas, price of 12 Marla flat is 10.30 million to 10.75 million.


The table below gives a clear picture of price of apartments for sale in Askari 11.


Size of apartment               Structure of apartment                Amount


10 Marla apartments                3 bedrooms                           10,500,000- 14,300,000


in Askari 11 Lahore


12 Marla apartments                4 bedrooms                           13,000,000- 17,500,000


in Askari 11 Lahore


You can see the fluctuation in prices show that price will further increase in future.The prices have increased in near past. Therefore, we advise you to buy property in Askari 11.


But one thing to notice. The houses on installments are not available in Askari 11. Similarly, plots are also unavailable there.


The table below shows the difference between prices of houses.


Size of house                                 Structure                                       Price


10 Marla House                           3 bedrooms                            18,500,000- 20,000,000


10 Marla house                            4 bedrooms                            20,000,000- 22,500,000


12 Marla house                            4 bedrooms                           23,500,000- 26,000,000


1 Kanal house                              4 bedrooms                            35,000,000- 37,500,000


Finally, it is not easy to purchase and start a business in Lahore. There are many risks involved. Similarly, lack of knowledge in real estate is another thing. People don’t know where to invest and how to do it. Thats why right deed media team takes your burden and properly guide you in every way.


You can visit the relevant agent in our office to get clear picture of property in Askari 11 Lahore. Moreover, you can also get daily updates on real estate by reading our blogs. Similarly houses for sale are also available in Bahria Town and Lahore motorway city.

Posted by on

DHA Lahore Phase 8 – A Complete Guide for Buyers

A Complete Guide for Buyers


This piece of the paper focuses on various blocks of Phase 8 DHA in connection with the investment suggestions and different prices in each block. Phase 8 DHA Lahore Plots have a price tag higher than Phase 6, due to their ideal location and direct connections with Lahore Ringroad.


What do we see through the map of DHA phase 8 Lahore is a clear 6 residential blocks and a commercial hub are clearly visible.


Travelling from the ring road exit, you will first come across through the commercial Avenue. At present we are driven by the buildings constructed.


  •    Development.

  •    Extra floors.

  •    Activity.


In fact, Commercial Avenue has different features from the main boulevard phase 6. This area is planned for shopping outlets and business hub. Different famous local brands have already purchased commercial plots for business purpose.


Outline of DHA Phase 8


These non-possession Phase 8 DHA Lahore Plots offer most sanctuary and community living. Security in a sense that here Dolphin police force 24 hours move in each block.


The town planning of DHA Lahore Phase 8 Plots is different and one of its kind. It has 36 parks details are as under


  • 5 parks in S block

  • 8 parks in T block

  • 4 parks in W block

  • 5 parks in X block

  • 6 parks in U block

  • 5 parks in V block

  • 3 parks in Y block


Phase 8 starts from Block A and ends at Block Z making a total of 22 blocks.


Phase 8 has a direct connection from the Ring roadBhatta Chowk or Phase 1 approach, Phase 6 approach, airport road approach and Barki Road approach, making it one of the easiest blocks to approach from in and around Lahore. The drive from Phase 1 to Phase 8 is merely a 2.5 km drive. Similarly, other routes are there according to suitability and needs of anyone.


Most people purchased DHA Lahore Phase 8 Plots to build a home in the future. In 2013, these Phase 8 blocks were inaugurated. But the possession is delayed until 2017 because of certain unforeseen events.


The reason is thought behind its development, town planning, and the easy access to all 7 blocks. It is one of the few stages that remains almost untouched after taxes of 2016-2017. This shows, in contrast to other phases of DHA Lahore, that the speculation part amounts to only 10% to 15% of the value of real phase 8.


Here is a Look at Property Rates in Each Block


A price ranges of plots in Ex-Air Avenue and Ex-Park View:


Plot size

Price range in PKR

Ex-Park View

10-marla

13,500,000 – 155,00,000

Blocks A – K

1-Kanal

17000000 – 26,000,000

2-Kanal

32,500,000 – 60,000,000

Ex-Air Avenue

10-marla

11,000,000 – 14,000,000

Blocks L – R

1-Kanal

14,000,000 – 22,500,000

2-Kanal

32,500,000 – 40,000,000


DHA Lahore Phase 8 – Block S


This block is on the side of Barki Road, where one of the main entrances are also located. However, the remaining blocks are considered a little offside, closer to the Lahore Ring Road interchange. It has a border with a local settlement that may become under DHA in the future.


Plot size

Price range in PKR

1-Kanal

12,500,000 – 21,000,000


DHA Lahore Phase 8 – Block T


There is a land pocket in this block and have are also some areas that are in dispute here.

But buyers should not be concerned because DHA does not allow the transfer of litigated plots. Some plots here are thought to be prime because these are opposite the most costly and prime block of the Phase VIII i.e. Block W, which explains some plots ‘ high rates.


Plot size

Price range in PKR

1-Kanal

15,000,000 – 30,000,000


DHA Lahore Phase 8 -Block U


It is closer to a local settlement and also a   high – tension wire passes over it, which makes half the block a little less desirable for the main buyers. The other half is considered to be ideal as Block U has the largest park of over 135 Kanals.


Plot size

Price range in PKR

1-Kanal

15,000,000 – 30,000,000


DHA Lahore Phase 8 – Block V


Block V is also facing the problem of high – voltage transmission lines because it is near to Block U. Moreover, there is a graveyard on this block. But some plots are considered highly desirable due to the closeness to Block U Park.

Plot size

Price range in PKR

1-Kanal

13,000,000 – 27,500,000


DHA Lahore Phase 8 – Block W


It is the most leading of all blocks in Phase VIII as it has no land pockets and no graveyard. In addition to that, two of the major avenues of Phase VIII and Phase VI are joined to it. Furthermore, Block W is also located in the centre of Phase VIII.


Plot size

Price range in PKR

1-Kanal

25,500,000 – 32,500,000


DHA Lahore Phase 8 – Block Y


It is situated on the other side of the Lahore Ring Road, in close proximity to the Nawaz Sharif Interchange. Here you can purchase property as plots are available of one Kanal only while development work on residential plots of 5, 8, and 10, is not yet completed.


Plot size

Price range in PKR

5-Marla

4,000,000 – 6,500,000

8-Marla

6,500,000 – 8,000,000

10-Marla

7,500,000 – 11,000,000

1-Kanal

14,500,000 – 30,000,000


DHA Lahore Phase 8 ( IVY GREEN ) Block Z


This block is known as Ivy Green. Block Z is located on Barki Road opposite Block S. It includes seven blocks, i.e. Blocks Z, Block Z-1, Z-2, Z-3, Z-4, Z-5, Z-6. According to the plot sizes, here are somewhat more suitable options. Buyers can choose from 5-marla, 10-marla 1-channel and 2-channel residential plots. This block is under development work.


Prices Are With All Installments Paid


Block-Z1 Residential Plots


1-Kanal    : 90 to 105 Lacs
10-Marla  :  55 lac to 65 Lacs


Block-Z2 Residential Plots


1-Kanal  : 85 to 105 Lacs
2-Kanal  : 180 to 200 Lacs


Block-Z3 Residential Plots


1-Kanal  : 95 to 105 Lacs
10-Marla : 58 to 70 Lacs
5-Marla   : 34 to 38 lacs


Block-Z4 Residential Plots


1-Kanal     : 95 to 105 Lacs
10-Marla   : 55 to 65 Lacs
5-Marla     : 32 to 44 Lacs


Block-Z5 Residential Plots


10-Marla  : 55 to 65 Lacs
7-Marla    : 48 to 55 Lacs
5-Marla    : 32 to 40 Lacs


Block-Z6 Residential Plots


1-Kanal    : 95 to 120 Lacs
10-Marla  : 65 to 75 Lacs
5 Marla    : 44 to 50 Lacs


DHA Lahore Phase 8 IVY Green Commercial Plots Current Rates


4-Marla : 175 to 235 Lacs
8-Marla : 400 to 475 Lacs