In the month of August 2013, DHA City Karachi (DCK) prices followed the bullish trend again and made new price hike in almost all sizes and categories. Prices increased from 25 to 50% in a single month, which looks so volatile. The reason behind this hype is that everyone would like to hold their plot or even want to buy more plots. No one is interested in selling and buyer has to buy plots at higher price.
If you are looking to buy or sell plots in DHA City Karachi,
then contact CITI Associates at 0321-8793654 or email at email@example.com
On commercial side, Central Business Sub-District (CBD) prices are touching sky and figures are amazing at this stage. Profits are multiplied amazingly and nobody wants to sell their plot in CBD. The same trend happened with 1000/2000 yards residential plots.
One more reason of this price hike is very high prices in DHA Karachi. The prices of smallest plot in DHA Karachi is not less than 10 Million and for a common man it is quite difficult to manage this amount. Comparatively DCK is the only place, where you can buy the plot in just 2.5 Million. Though, the minimum piece of land is 200 yards but it is very much attractive to own a plot in DHA scheme. Last month minimum required amount to enter in the DCK market was just 2 Million which is now increased to 2.5 Million because of 25% increase in ON money prices.
The one more reason is the development work is going on the site and people witnesses that the development work for infrastructure is continue and even in good pace. In our latest visit of DCK site, lot of construction activity also witnessed, including Director Office Wing, Staff Residence and other office blocks work is in full swing.
The main entrance on the super highway is almost at finishing stage and connecting roads is ready and just need carpeting. These things also create a positive impact on the market.
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 (September 2013)
After witnessing the last two months move, it looks that Correction is due. Because within two months time, prices increased 50 to 100 % (and more than this in some categories), which makes prices too heavy plus because of this bullish trend plots are Re-Sold many times before its full payments, which is not good for any market, and many people witnessed miss commitments from the sellers.
DHA City Karachi (DCK) has very good potential. For its better future and to retain this potential and scope; everyone should follow the ethics of trade in which we should transfer the plot before reselling, and guide the investor in this way which will make market settled and will keep this bullish trend. Otherwise, once the correction happens, buyers and investors will lose confidence which is not good for anyone.
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.