Should you invest in DHA Phase VIII’s Ivy Green Block right now?
Ivy Green DHA Lahore Phase 8

It’s miles placed on Barki street opposite primary section VIII. Ivy green may be accessed thru Lahore Ring avenue (LRR) from Abdullah Gul Interchange and additionally from Shabir Shareef avenue, which originates from Bedian avenue close to LRR’s Nawaz Sharif Interchange and leads all the way to Barki street. But the quality the component about this secluded block of Defence Housing Authority (DHA) section VIII is that quotes right here are much lower than all other DHA phases in Lahore.

If you want to benefit from this difference in costs for tempting medium terms profits, examine this article to quit.

Development update

The tempo of ongoing improvement in DHA IVY Green is slow yet constant. That’s possible because the maximum of development paintings has been completed, with the carpeting of important street and streets but to start out. in the meantime, production of overhead water tanks is underway.

Our assets have confirmed that DHA has completed paintings on laying sewerage traces and infrastructure for water, gas, and power. furthermore, a 100-feet extensive street access avenue is in shape allowing direct access to block Z-1 at the left facet of the street and Block Z-6 in addition down the road on the right facet.

In keeping with sellers, land along the right aspect of the primary get entry to the street before Block Z-1 may or may not emerge as part of Ivy inexperienced. but if it does, DHA may have some commercial plans in place for it.

Market demand

No matter the fact that property rates in Ivy green are lower by a huge margin when compared with DHA section VIII right, with large prospects of the difference reducing by using the primary 1/2 of 2019, marketplace call for is low. In truth, property transaction volume has remained dull at some stage in the country inside an ultimate couple of years, where the lively buyers have more often than not been the end users.

It is believed that traders with short time period gains insight will pass in advance with assets funding as an when they get some insight into DHA pronouncing possession for plots in Ivy green. based totally at the repute of development work, it’s miles simplest logical to trust that buying now means shopping for at rates a good deal decreases than what the marketplace may offer in a subsequent couple of months.

Investment prospects

Due to a number of reasons, belongings flipping for sales era is now not viable, specifically in case you are eyeing plots in prime residential developments. In different words, funding length in actual property area has currently accelerated to medium term, wherein selling immovable property is suggested as a minimum of three years of purchase.

With assets ownership anticipated quickly, a pleasing leap in costs is predicted inside the next six months. resources consider that the fees will move up with the aid of as a minimum 20% as quickly as the information is out inside the market. And to have a genuine idea on the most efficient market price of plots on the market in Ivy green, you should evaluate the quotes with the ones stated in our latest update on DHA phase VIII.

A look at prices

Here is the current market rate of residential plots available for sale in DHA Phase VIII Ivy Green Block. You are advised to check the rates shared in our article published in Phase VIII one week ago (link shared above).

Blocks Plot size Price range in PKR
Z-1 5-marla 3,500,000 – 4,500,000
10-marla 5,500,000 – 6,500,000
1-kanal 9,000,000 – 16,000,000
Z-2 5-marla 3,200,000 – 4,000,000
10-marla 5,000,000 – 6,000,000
1-kanal 9,000,000 – 16,000,000
Z-3 5-marla 2,800,000 – 38,00,000
10-marla 5,500,000 – 6,000,000
1-kanal 9,000,000 – 13,500,000
Z-4 5-marla 3,500,000 – 4,000,000
10-marla 5,500,000 – 6,000,000
1-kanal 9,000,000 – 13,500,000
Z-5 5-marla 3,500,000 – 4,500,000
10-marla 5,500,000 – 6,500,000
1-kanal 9,000,000 – 13,500,000
Z-6 5-marla 3,500,000 – 4,500,000
10-marla 5,500,000 – 6,500,000
1-Kanal 9,000,000 – 14,000,000

For further guidance about buying or selling property in DHA Phase VIII Block Ivy Green, you can get in touch with Shahid Mehmood of Falcon Real Estate at +92-321-426-8622.

Read Next: DHA Lahore Phase 8