2013-10-29 08:12:48 - DHA Lahore phase 9 is one of the localities of Lahore that the property investors accredit as promising investment hotspots of the city. The prices of plots in DHA Lahore phase 9 increased notably in the first three quarters of 2013.
DHA Lahore is an equal attraction for the residents and investors. Residents accredit it as a lavish living community, with state of the art amenities provided by the Defence Housing Authority. Investors, on the other hand, regard DHA Lahore as an investment haven, with multiple earning opportunities.
Amongst other phases of DHA Lahore, phase 9 is currently an attraction for the investors. According to the research conducted by Zameen.com, a property portal of Pakistan, the average price of 5-marla plots in DHA Lahore phase 9 showed spiking trajectories in the first nine months, i.e. the first three quarters of 2013.
The average price of 5 – Marla plots in phase 9 was estimated to be Rs.3,210,917 in January 2013. This
figure, with a slight change, jagged to Rs. 3,246,966 in March 2013. The data fetched on DHA Lahore phase 9 plots for Q1 2013 exhibited that the prices did not rise notably in Q1 2013 but later on till the end of Q3, the average sale price of 5-marla plots in phase 9 increased markedly.
In April 2013, Zameen.com estimated the average sale price at Rs.3,385,156. Later on, by the end of half year, the average sale price spiked to Rs. 3,804,000 in June 2013.
Q3, 2013 also proved promising for the investors, as the sale price of properties increased notably. The average sale price was assessed to be Rs. 4,113,333 in August 2013, which then rose to Rs. 4,394,774 in September 2013.
From all the data extracted for the first nine months of 2013, it is deduced that in percentage terms, the average sale price of 5 – Marla plots in DHA Lahore Phase 9 increased by 36.86%, which is healthy figure in terms of investment returns. Furthermore, it is expected that the prices will flourish further in the coming time.
For more information please visit: www.zameen.com
This press release is originally published on: www.allvoices.com/contributed-news/15841550-jan-2013-sept-2013-z ..