DHA Karachi is the most prime and desired vicinity for the people of Karachi, it has been divided in 8 Phases from 1 to 8. All these 8 phases are spread over the area of approximately 8500 Acres of Land, out of which 4000 plus Acres is designated only for Phase 8.
The DHAToday Show
Watch out the DHAToday episodes about different zones of Phase 8:
- The DHAToday Show [Episode 02] – DHA Karachi Phase 8 (Zone A)
- The DHAToday Show [Episode 03] – DHA Karachi Phase 8 (Zone B)
- The DHAToday Show [Episode 04] – DHA Karachi Phase 8 (Zone C)
- The DHAToday Show [Episode 05] – DHA Karachi Phase 8 (Zone D)
- The DHAToday Show [Episode 06] – DHA Karachi Phase 8 (Zone E)
- The DHAToday Show [Episode 07] – DHA Karachi Phase 8 Ext. (Sahil Streets)
DHA Karachi Phase VIII spread over huge land, and for the development purpose (portions wise), it has been divided into different zones. Like A, B, C, D, E, and Phase 8 Extension also known as Sahil Streets.
If you are looking to buy or sell property in DHA Karachi Phase VIII (Phase 8), then get in touch with CITI Associates at email@example.com.
During the 3rd Quarter of 2014, market followed the upward trend which started in February 2014 and still continued. Prices came up in both residential and commercial plots. As we are in the last spell of third quarter, and prices touched the level of August 2013 (after a year) which was the highest price level. Now market has crossed those levels in almost all the categories and made new highest prices level ever in the history of Phase VIII.
We can say that the Phase VIII prices are now at the highest level ever touched in the history. Because of this positive theme mostly people are very much positive for the market and forecasted continuity in this trend, side by side one thing is very important that whenever market touches its highest price there is a threat in the market and few people are scared with the prices.
My personal opinion was different in 2nd Quarter Forecast and according to that market couldn’t follow this bullish trend, but it happened. Market came up almost 10 to 20% further increased from last prices given in April 2014. Now at this stage it is difficult to foresee the market. As we are facing political unstability too, for last whole month and many things are not settled. Unfortunately market didn’t took any impact of all this and continue the trend.
From DHA side, after the marketing campaign for DHA City Karachi, DHA started marketing campaign for DHA Phase VIII, and this campaign only focused Phase VIII. Recently we witnessed this campaign in print media and TVC too. In my opinion this marketing campaign was one of the reasons of this price hike.
Besides this campaign, we also focused on Phase VIII and in the month of March 2014 before the write up of 2nd Quarter for Phase VIII, we shared a detailed write up named DHA Karachi (Phase VIII) – Unique Piece of Land by the Sea!. In this article, we mentioned all the details related to DHA Phase VIII, not only Real Estate but all the facilities available there including Clubs, Parks, Bazaars, Malls, School and Colleges, almost it covers all the facilities available in DHA Phase VIII. DHA also focused on all these things in their print media advertising and in the TVC too. All these things played a major role in this price hike.
When this positive move started in February 2014, Bahria Town Karachi project was too dull, and no major activity witnessed there. Prices was not at all attractive in any segment of BTK. But now onward prices came up in BTK too, and specially for last one month it is too much volatile. Files prices are increased from 50% to 100% in different segments according to demand and supply.
Phase VIII is always attractive for the investment because of its very low official values, and because of this lower value, invertors are always attracted to Phase VIII. It can consume more than 10 times amount than its written value, and even in some categories it can consume 20 to 30 times as well. Lower official values always decreases transaction cost and by this investment made easy and more economical and generate high profits in the end.
Besides all this happening, DHA Karachi has its own customers and many people who have full faith on DHA and still want to invest in DHA. As it is one of the best option for investment proven best ROI in previous decades, without any scam and proven clear & crystal record since the authority was created.
1. Zone A
- 500 Yards – 32 to 39 million
- 600 Yards – 34 to 40 million
- 666 Yards – 35 to 42 million
- 1000 Yards – 45 to 65 million
- 2000 Yards – 90 to 120 million
- 100 Yards – 30 to 65 million
- 200 Yards – 55 to 130 million
2. Zone B
- 100 Yards – 12 to 12.5 million
- 120 Yards – 14 to 14.5 million
- 150 Yards – 16 to 16.5 million
- 500 Yards – 26 to 30 million
- 1000 Yards – 50 to 55 million
3. Zone C
- 500 Yards – 22 to 24 million
- 1000 Yards – 40 to 44 million
Commercial Business Zone:
- 333, 666, 1000, 1500, and 2500 Yards and few are bigger than this, the price of land here is 350,000/= to 450,000/= per square yard.
4. Zone D
- 500 Yards – 18.5 to 22 million
- 1000 Yards – 36 to 40 million
- 2000 Yards – 68 to 72 million
5. Zone E
- 500 Yards – 22 to 24 million
- 1000 Yards – 38 to 42 million
- 2000 Yards – 70 to 80 million
- 100 Yards – 17 to 40 million
- 200 Yards – 32 to 75 million
- 300 Yards – 17.5 to 22.5 million
- 500 Yards – 19.5 to 25 million
- 100 Yards – 19 to 35 million
You may also like to checkout:
- DHA Karachi Phase VIII – All You Need To Know!
- DHA Karachi Phase VIII (Phase 8) Map
- Sahil Streets – All You Need To Know!
- Best Time to Invest in DHA Karachi?
As we are in the end of third quarter, and overall prices are in plus compared to last year prices in the same time frame. As no major changes made in Budget 2014-15. Market is in very good positive theme and demand is at its peak, nobody wants to sell because of this high demand and increasing price trend. At the same time, whenever market at its highest price level, there is always a threat and one has to be careful and be in limit. Don’t be over excited and keep watching market closely.
According to decade cycle theory, Market could enter in the stable zone anytime and it will not further move like this, but currently it is difficult to forecast exactly what will happen in this last quarter. Though many new real estate developments projects are going to be launched soon and some are already in under development zone. Plus DHA look aggressive too, as it again focus on its Water Front Development project, and recently they advertise this thing too, and further they will do TVCs.
One thing is very important behind all this bullish trend is more liquidity, as increasing population, and their increasing interest in Real Estate investment. Plus genuinely increasing demand of real estate (because of back lock of millions of units) the people with having buying power easily convince to buy, and these increasing numbers will create positive impact and prices are also on increasing side. Plus we have major chunk of Overseas Pakistanis too, who want to put their stake here.
As I recently visited UK and witnessed this thing there too. With all the uncertainty we have in Pakistan, many overseas are still very keen to keep their investment here and further put on (more funds) yearly basis when they visit here. As in any other country of the world they could not get this kind of returns in real estate investments that they already witnessed in Pakistan. For example in the last four years Property prices increases four times in DHA Karachi, and even more than this in some cases. With this thought, we are reaching to Overseas Pakistanis to attract and bring their investments to Pakistan.
Besides all above mentioned factors DHA Phase VIII is one of its kind piece of land, have three side water and have all the amenities including schools, colleges, clubs, recreational activities center, including do darya, a beautiful long coastal line, which can be more developed by the time and create more activities for the area residents and others Karachities. It also has a good image and respectable address for any with high class posh standard of living, and the only residential area have huge number of 2000 yards plots. It will become the most expensive residential area of the city in coming years. Plus further the Water Front Development program will enhance its image too by the time.
Note: This information is provided by Mr. Muhammad Shafi Jakvani, CEO – Citi Associates. Price variation is due to many reason including location, dimension, and availability of particular type of plots in particular area. It also based on demand and supply and some time follows the market trends as well. All prices are assessed from ongoing market, it can be changed any time and there is no guarantee for any differ. It could vary according to some individual’s need.