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DHA City Karachi (DCK) Latest Plot Prices – August 2014


DHA City Karachi (DCK) Latest Plot Prices - August 2014

Review:

The Holy Month of Ramadan was witnessed as very dull for the Real Estate Market specifically for DCK. As in the last month forecast, we have already mention this thing. Though many Overseas Pakistanis visited their home land during Eid holidays and normally new buying came in the market, but this time this new buying could not play any positive role for price appreciation, and market is almost at the same level where it was before Ramadan.

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 citiassociates.dck@gmail.com

As in the month of Ramadan working hours are too short and nobody is ready to work hard, and over all working environment become too dull. In case of bullish market trend, once market is in full swing even Ramadan comes it will not effect the market as in 2013, the market was in bullish trend and in the month of Ramadan as well it was too active. But in normal days it becomes dull.

In fact in some sectors little bit lower price witnessed and if is there any, needy seller in the market agreed to sell at lower price. Numbers of transactions are also very low. From last month, for the prices of DCK we started a New Price Calculation Formula based on Total Price.

Overall, we can say is that it’s the buyer’s market right now and it looks like that it will continue like this till the year end.

Total Price of Plot (August 2014):

Total Price for Residential and Commercial Plots in DCK for the month of August 2014 are as follows:

DHA City Karachi (DCK) Latest Plot Prices - August 2014 (Total Amount)

Note: The above mention plot prices are total accumulated prices and as DCK plots are sold on installment basis, so the remaining installment will be deducted from the full price at the time of full payment. Remaining installment could vary in different categories of plot and also could vary on individual client basis, some paid up to date and some paid less installments. This price means the total plot cost after making the full payment including all the remaining installments.

Total Amount = ON Amount + Booking Price

Price range varies according to Sectors and Sub-sectors. Map issued sectors will also follow the particular Location, Corner/Non-Corner, Small/Big Roads, Park Facing etc.

Forecast:

As there is nothing new for this month, market at almost same level and no fundamentals changes. Though in Budget 2014-15, there is little change in Capital Gain Tax (CGT) which increased to 1% from 0.5%.

On buyer side, there is one new addition in the shape of Advance Tax, which is applicable on the immoveable properties more than 3 Million (1% for Tax Payers and 2% for Non-Tax Payers). This thing will not create any major impact specially in DCK.

Collector value has been increased by 20% but it doesn’t effect on DCK, as it has its own official value on which plots are sold by DHA, which is PKR. 3830/= per square yard for residential plot and PKR. 19150/= to PKR. 30,000/= per square yard for commercial plot according to size.

Though Development work is in as usual good pace, now everyone is waiting for 2016. As DHA endorse Sector 3, 5 and 7 will be live-able by 2016. During this time only Malir Motorway news could bring any spike. 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 & supply and price can be changed either side in the open market, depend on the volatility of the market. And there is no guarantee of any kind of price variation.

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.

Citi Associates – Real Estate Consultancy, Brokerage and Investment Services

Comments (43)

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  1. israel khan says:

    What does total amount means and on money is well….

    • Falasteen Khan says:

      Israil Khan sahab, total amount means “kull qeemat” and “on-money” means profit yeni “malaai”.

  2. faisal says:

    I have a plot of 500 army cat in sector 11 B way R the prospects in near future?

  3. mirza ahmed baig says:

    Iwant to know about sector-10, as my plot is towards setor-10 and 120′ wide road.
    what is the prospect for this area.
    thanks,

  4. Thanks City Associate for always keep informing your clients well in time and congratulation for participating in UK. Nasr

  5. Hameed ullah says:

    I have a plot in sector 12 A, 500 yards. What are its price prospects, please?

  6. Noman says:

    i have a DHA City 200 yards Residential at block 6-D. 18 installments paid.

    Demand; 25 LAC (total amount).
    Serious buyer can “negotiate” with me (plot owner).
    Noman

  7. Sid says:

    Noman,

    Drop your email address, I will contact you.

    Thanks.

  8. Muhammad Wasim says:

    300-Yards, Sector-6D, Category-J (Civilian) Plot Number 662, 2 side Corner Plot Available for Sale on Reasonable offer. Very Good Location , I am owner of this plot not a broker/agent. Please Inbox Your offer or contact 0334-2257306.

  9. Iftikhar says:

    500 yards plot (Army category) available for sale in sector 16B. If interested please message me your offer. I am plot owner and not real estate agent so please only serious buyers and realistic offers please.

  10. Hassan says:

    DHA Phase 8 Kh-e-Faisal 1000 Yards Corner Plot, Excellent location in built up residential area, near planned hospital, school and parks. Price Rs.7 crores.

  11. Imran Shaikh says:

    Hello All,

    I own a 300 sq. yards civilian plot in Sector 2C near the main gate. The plot is at a very good location in front of the road near the commercial area. 11 installments are paid. I am the sole owner and would like a genuine serious person to buy it. My demand is on money PKR 30,00,000 (Negotiable). Kindly contact me on my No. 0302 2264887.

    Regards,
    Imran Shaikh

  12. USS says:

    I have a 500 yards plot in sector 3-A, please let me know the market value for it, all the scheduled payments have been done on time.

  13. Anjum says:

    I have a cornor plot 245 sector 7D. I want to sell it.
    Serving Army officer quota for 20 years.All instalments paid.
    what is the own money?

  14. farrukh ahmad says:

    can anyone tell whats the procedure to change my current mailing address at DHA city karachi office?

  15. Khan says:

    Sector 5D 1000 yards corner plot for sale. Demand 90 lakhs premium. Non-negotiable. Serious buyers contact 03009847358.

  16. tahir says:

    i want to sale my A cat 500 yds res plot in sec 16-B..any one with a good offer….i am plot owner..03338455674

  17. Muhammad Wasim says:

    Great Opportunity in DHA City Karachi , A project of DHA Karachi,
    Liveable by 2016.
    6D 300 Yards Civilian plot
    Attractive Location & Price
    Demand OWN Money 23,00,000/=

    DHA Official Value: 11,49,000/= in 38th Installments.
    Paid : 5,70,500 (Process Fee= 5500, Downpayment = 25,000 +18th Installments = 54000 )
    Remaining Installments : 30,000 Per .Quarter

    dailogic@hotmail.com

  18. Muhammad Wasim says:

    Great Opportunity in DHA City Karachi , A project of DHA Karachi,
    Liveable by 2016.
    6D 300 Yards Civilian plot
    Attractive Location & Price
    For details please contact (OWNER) : 0334-2257306

    dailogic@hotmail.com

  19. faheem says:

    I want to sell plot sector 4-A (300 sq. ft.)civilian location near main gate. all installment are paid till Sep-14.
    Demand ON 2,500,000
    serious buyer can contact=0335-1287071

  20. Asad says:

    Hello All,

    What is the current price prevailing of 300 Yards plot in K category sector 6D.

    Regards,

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