The month of March 2014 was interesting because DHA City Karachi started marketing of its project as mentioned in the last month analysis that DHA have plans to promote DCK through print and electronic media first time ever in it’s whole history.
Even when they launched DCK in 2009, they didn’t market in this way like they did this time. Numbers of advertisements in the newspapers and even TVC were also published on different TV channels. Though it created a little confusion among many people as they assumed that there is some new launch from DHA.
Many people took interest as new Buyer and want to buy in this scheme as they feel that it is recently launched. Because of all this and particularly promotion by DHA as endorsement of Liveable by 2016, the price of RED Zone i.e. Sectors 3, Sector 5 and Sector 7 has been increased. Almost 20% price has been increased in these sectors and because of this price appreciation other sectors also increased a little bit.
If you are looking to buy or sell plots in DHA City Karachi,
then contact CITI Associates at 0300-8299101 / 0321-8793654 or email at email@example.com
In the same month there was Bahria Town Karachi balloting expected and it was held on 23rd March 2014. Many people were expecting price hike in this but unfortunately there was no spike and market came down after the balloting, and DCK took advantage of this down fall in BTK prices. Almost 10 to 25 % down fall was witnessed in BTK prices from the first day after balloting and still market is not settled.
One thing is very good about this marketing campaign, that many people had no idea about DHA City development work, which they did on the site and now many people got awareness of all the development work they did. The pace of development work is too good and according to plan of short term development including director office, visitors center, DHA staff residence and other (according to plan) are ready with in time. Which creates a positive impact of DHA and increases the confidence level of plot owners.
You may also like to checkout:
- DHA City Karachi (DCK) Balloting Results List 2013
- Important Points of DHA City Karachi (DCK) Balloting Results 2013
- [Pictures] DHA City Karachi (DCK) Plot Numbers Balloting Ceremony on 23rd April, 2013
- DHA City Karachi (DCK) Latest Prices
- DHA City Karachi (DCK) – Complete Payment Schedule Guide
- 13 Immediate Action Plan Works at DHA City Karachi (DCK)
ON Money (April 2014)
Market moves a little bit on the higher side because of DHA City media campaign and many transactions were made at this increased price, so market seems stable at these price levels. As mention earlier that there is no bullish trend for DCK in 2014 and it will remain stable, though market will increase on very slow pace according to demand and supply basis.
There is another very important factor i.e. Bahria Town Karachi, once the market starts increasing there and people will involve in the trading of BTK, DCK will become slower and might take little price correction because of that. But as always mentioned that for long term investment DCK is ideal investment opportunity and by the time these figures will change and it will produce best ROI in 3 to 5 year time.
DCK has very good potential because it is the first ever Planned, Sustainable, Green and Smart City of Pakistan.
These prices are provided by Mr. Muhammad Shafi Jakvani, CEO – CITI Associates. Above mention prices are subject to change any time according to their demand and supply and (ON Money) price can be change either side in the open market, depend on the volatility of the market. And there is no guarantee of any kind of price variation.
Note: Mostly files traded in the size of 200, 300 and 500 square yards. It does not mean that other categories are not available, but normally these sizes are traded and are available for sale and people are ready to buy files of these sizes. Other large plot may be allotted in balloting but not available frequently in the market.