Expectations and Future Prospect for DHA Peshawar
Defence Housing Authority has always been one of the most prestigious developers in the country, in fact, the most successful one too. In the initial days, the projects by DHA were started in Karachi, Lahore, and Islamabad, however, with the need for more development, DHA started building in other cities too. The development started with the launch of DHA Gujranwala, Multan, Bahawalpur and later it was Peshawar. DHA Peshawar has a very special place in the hearts of the army officials and the soldiers who belong to Khyber Pakhtunkhwa because back in the days when a DHA plot was allotted to a soldier it would have been in Lahore, Karachi or Islamabad, indicating that he will have to either sell it out or move to another city.
Askari colonies do exist in Peshawar, however, the quality of the houses can’t be compared to DHA Peshawar. DHA Peshawar, keeping in mind that it will also allow the officers to near their own hometowns. It is solely the project of DHA in Peshawar and is expected to become one of the most prosperous DHA projects in Pakistan. Investors have already started to search plots for sale in DHA Peshawar. The scheme is built on a great location that increases the investors and homeowners even more. You can easily find property for sale in DHA Peshawar if you want to invest in this lucrative housing scheme.
Peshawar has a population of approximately 3.4 million people while being the provincial capital of KPK. Before DHA Peshawar was launched, the investors had to go to Punjab if they wanted to invest in a real estate housing scheme, however, that has changed since the time DHA Peshawar came into play, as a lot of properties for sale in DHA Peshawar are available.
It is also important to keep in mind the entire population of the province to understand how the investments in DHA Peshawar will work out in the coming future. It is very easy to predict that the investors who were before going to the province of Punjab to invest in real estate wouldn’t have to do so. Just like Lahore, Peshawar serves as the hub of real estate for KPK and now other projects have been started too in the province after DHA Peshawar.
It is expected that the development of Phase 1 will be completed this year, however, the experts have predicted it to go until early 2020 after which the possession will be given to the plot owners.
DHA Peshawar is located at one of the prime locations in the city, which is surrounded by the major societies. It is located near Nasir Bagh road that is in close proximity to Askari VI Peshawar and societies like Hafiz Town, Yaseen Town, and it is situated in parallel to the Regi Model Colony. The DHA Peshawar is some sort of under pressure to deliver the project soon as it is the sole project in the province that has such major investment from all around.
Investment Opportunities in DHA Peshawar
Now that you know much about DHA Peshawar, it is a good time to think about why you should invest in it. One of the first reasons that you should consider is that besides being the first DHA project in Peshawar, it is among the big nationwide developers like Bahria.
If you are living in KPK, there aren’t many options if you want to invest in a big real estate project since DHA Peshawar is the biggest project in the province. It has provided a huge investment option for the people of KPK and that has stirred the interest of individuals from other provinces too. People from all over Pakistan started to invest in it and are searching for residential plots for sale in DHA Peshawar.
DHA Peshawar provides the perfect opportunity for everyone who wants to be a millionaire in a given amount of time with their investment in the real estate business.
What to Expect and Future Prospects for DHA Peshawar?
When you are investing in real estate, it is always best to not just trust your gut instincts but to do a little research. You can get connected on ilaan.com to know more about the real estate deals before you get confused. Real estate has always been beneficial and it can be seen from the past records that property rates have been just going up in Pakistan. DHA promises authenticity and provides safe as well as profitable real estate investment while providing a world-class living standard too.
A myriad of problems occurs when you acquire land for society whereas for DHA Peshawar it is a swift process. The projects offer everything that promises greater returns to investors. The balloting was started back in 2017, and since then there has been a huge response to buy properties for sale in DHA Peshawar.
The plot prices vary and it depends on eventually the location of the plot. The procedure to buy plots is transparent and entirely computerized based. The development charges aren’t included in the cost of
the plot that the owner would have to pay later on.
You can buy property for sale in DHA Peshawar on monthly installments including the development charges. In case, you want to sell the plot at any given time then you will be required to pay up the development charges before you can transfer it to someone else’s name.
DHA Peshawar will complete the development in a year or two and the possession will be granted by 2020. If you are the owner of 1 Kanal DHA Peshawar then the total investment at the time of possession will be the price you purchased the file and the development charges of the plot. The development work is in full swing with Sectors A, B, and C by NLC and FWO. The work for Sectors D, F, and G will be starting soon, however, the possession for A, B and C will be given most likely in the early of 2020.
The existing plots that you can choose from are 5-Marla, 8-Marla, 10-Marla, and 1-Kanal residential. And very soon the plot sizes of 2 Kanal, 4 Kanal residential and 4 marlas to 4 Kanal commercial will be available too. You can easily find properties for sale in DHA Peshawar. The 4 Kanal plot sizes are specifically for the high rise buildings. There isn’t a single plot in Phase 1 which is in diagonal size. 1 Kanal plots are built as separate sectors whereas 5 Kanal, 8 Kanal, and 10 Kanal as different sectors altogether.
Prices Trend for DHA Peshawar
The first 1 Kanal was sold at 60 lacs and then it was felt low to even 40-42 lacs. It then again rose to a good 55 lacs before the balloting even took place. However, the Kanal DC value for this year is Rs. 33.275 lacs.
The most buying and selling is currently happening in Sector A and C. Here are the current prices for the plots, excluding the development charges.
Block F G = 24 to 26
Block G = 33 to 36 Lacs
Block H = Booking Price 28 Lacs & Profit = 15 to 16 Lacs
Block A = 100 to 115
Block B = 95 to 110
Block C = 85 to 100
Most Non-Map Block Plots 65 to 67
File Price 60 to 60.50 Lacs with Affidavit
Following are the development charges for the different plot sizes:
- 1 Kanal 22.50 Lacs
- 10 Marla 13.50 Lacs
- 8 Marla 11.50 Lacs
- 5 Marla 9.50 Lacs
These are the transfer fee details:
- 5-Marla -> 55,000
- 10-Marla -> 65,000
- 1-Kanal -> 95,000
There is a max wide road provided in DHA Peshawar which is 130 ft. While the internal roads are of 80
ft. the 1 Kanal plots are on the 50+ ft. roads, 10 Marla on the 40 ft. and the 5 Marla on the 30 ft. roads.
If you compare the nearby housing schemes comparison, you would know that the 1 Kanal plot in the
Regi Model Town is anywhere around 1-1.25 Crore and for the Hayatabad it is anywhere around 2.50-
If you are someone who wants to invest their money in a good real estate project then this is the best option for you. One of the first things that you should consider when investing in real estate projects is the authenticity of the scheme whereas, in the case of DHA Peshawar, you don’t have to be concerned at it all. Moreover, the project offers a very bright future in terms of returns and since there are so many investors already on board for DHA Peshawar, you can only expect the prices to go even higher in the future. If you want to get more details, get connected with one of our representatives on ilaan.com who can provide you with an even extensive overview of the prices and the returns for DHA Peshawar.