September 2014 was too dull and nothing new happened in DCK. At the start of October, there was Eid-ul-Azha and people were busy in this too. The main reason behind this is that there no news in the market for DCK, even there was rumors for new Balloting in DCK, and many buyers are waiting for that and did not take any decision for buying.
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
Besides this another factor behind this slow move is bullish trend in Bahria Town Karachi (BTK) where prices coming up very aggressively and people are interested in making fast money. Within the last two months market increases alot, and prices become almost double or even more than double.
One more factor that attracted people for BTK is low transaction cost, as mostly trader bought the files without transfer and keep physical delivery only and roll in the market. In this case no official amount involved, and speculators only buy and sell without any documentation and no need to involve official money. In DCK, buyer has to transfer the plot, and has to pay Transfer Fees, Capital Value Tax (CVT), Capital Gain Tax (CGT) and now for 1000+ yards buyer has to pay Advance Tax too. This factor also made impact on the market and it became slower.
Numbers of transactions are also on lower side. From July 2014, 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.
You may also like to checkout:
- Topographic Map of DHA City Karachi (DCK)
- DHA City Karachi (DCK) – Sector Wise Total Area (Acres)
- DHA City Karachi (DCK) To Receive 25% Future Installments Payment on Sector 3, 5 & 7 Transfers
Total Price of Plot (October 2014):
Total Price for Residential and Commercial Plots in DCK for the month of October 2014 are as follows:
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.
Nothing new from DHA side, though development work on site is at good pace and recently Ground Breaking Ceremony of DHA City Karachi (DCK) Gateway District Masjid was done by newly appointed Administrator DHA Karachi Mr. Zubair Ahmed. Huge development work is undergoing, as DHA Commit that Sector 3, 5 and 7 will be livable by December 2016 but nothing expected out of line. Market will remain stable and follow the same trend. Genuine buyers came and buy the plots and at the same time seller will sell.
One very good point is that the new Administrator DHA Karachi is very active and taking too much interest in DCK. As on the ground breaking ceremony of Masjid he himself mentioned that in the one and half month’s time he has visited DCK Site three times. He is very aggressive to make DCK more better and fulfill their commitment to make it livable by 2016. Many other projects are under consideration and will take place shortly. Insha’Allah!
Besides the bullish trend days, this is very good market for genuine buyers and deal can mature in a good way; seller will stand at the same price for reasonable period of time and makes sensible dealing. It is not recommended for those short term traders who want to make money quickly, as according to me, I never recommends this kind of trade, though many had good experience in short trade too, but only in the seasons. (Bullish trend), for those who want to keep their investments for long time, it is recommended to invest in DCK.
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. 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.