Where to Invest in DHA Karachi? Take Experts' Opinion
This phase of DHA Karachi usually comprises plots, houses and apartments to bear out all kinds of living requirements. Please read below for the details about all kinds of housing developments in this highly lucrative society of Karachi.
Plots in DHA Karachi
The plots sizes in Defence Housing Authority, Karachi include 100, 120, 150, 300, 500, 600, 666, 1000 and 2000 square yards respectively. If we take a look at the latest price trends, for the 500 square yards plot, the prices have significantly elevated across all sectors of DHA. This fact is a proof to the increasing interest of investors in this part of Pakistan. On the other hand, the prices in Clifton, which is one of Karachi's oldest prime investment locations, have remained nearly stable with a minor flux of 5 to 10 percent. Therefore DHA Karachi holds its dominance over Clifton when it comes to land prices and demand from the investors.
Houses in DHA Karachi
According to a recent survey conducted by team Homespakistan.com, the prices of houses in DHA Karachi have kept on fluctuating throughout the year 2019. The mutable trend in terms of prices has been observed in the Phase 4's 300 yard houses whereas in the 500 square yards houses in the Phase 7, there has been a considerable drop of approximately 12% in prices which has distressed the investors.
On the contrary if we have a look at the Phase 6, a substantial jump of 16% has been observed in the 500 square yard houses. Once again if we make a comparison of Clifton with DHA, the house prices have shown a negative trend in Clifton throughout the year 2014. Keeping in mind all these facts and figures, we come to a conclusion that houses in DHA Phase 7 are ideal for a long term investment. However if you require buying medium sized home, the Phase 4 and Block 4 of DHA are ideal places
Apartments in DHA Karachi
After conducting an analysis of apartments in DHA Karachi, we came to know that their prices showed a mixed trend. The apartments' prices in Phases 4 and 5 dropped down slightly whereas in DHA phase 6, the apartments' prices raised significantly during the year 2019. Besides, if we have a look at the apartments’ prices in Phases 7 and 8, there has been a slight increase by the end of the year 2019. The reason behind slight increase in apartment prices in phase 8 is the success and popularity of futuristic projects such as Crescent Bay and DHA City. Similarly if we make a comparison between apartments' prices in Clifton and DHA, the prices in DHA have significantly hiked with lowest being 9% in the Block 2. Hence if you want to invest in apartments in Karachi, DHA Phase 4 and 5 are the ideal choice. Besides, for the long-term investment purposes, you may opt for DHA phases 7 & 8 as well as the apartments in Clifton.