DHA Lahore phase 7 is one of the most developed and luxurious areas of Lahore and is the most sought after destination for tourists and investors. It is one of the major places of attraction in the city. Located in the heart of the city, this area is spread over an area of 400 acres, offering a world of experiences. This posh locality is a dream place to live and is one of the most coveted areas of Lahore. It is home to some of the most stylish and high-end residential projects, shopping malls, and luxury commercial developments. It is well connected to the other parts of the city and is also nearby to the major spots of the city such as Gulberg, Garden Town etc.
DHA Phase 7 Lahore, commonly known as the ‘Designer Village’, is among the top and desirable residential areas of Lahore that has observed a major increase in property prices in the past couple of years. It is one of the biggest gated societies in Pakistan with organized block layout, top-notch facilities and imposing residential structures. Due to its location and infrastructural development, the real estate sector of this phase is blooming and people are drawing attractive rental income as well.
The market value of plots in Phase 7 has seen a major rise in the past five years and its average plot prices have exceeded a lot. A 5 Marla fully developed possessionable plot ranges from Rs. 60 Lacs to 85 Lacs depending on the location. Similarly, a 10 Marla plot starts at 1.25 Crores and goes all the way up to 2.10 Crores for a prime location plot. You can buy a 1 Kanal plot in DHA Phase 7 Lahore from 2 Crore at its lowest to 4 Crores, which some sellers are currently asking for their boulevard plots.
According to the latest update, the market of DHA Phase 7 is quite stable and has been witnessing a price surge for quite some time now. The price hike is expected to continue in the near future due to excellent infrastructural developments being done in the area, including efficient sewerage system, top-class roads and streetlights, 24-hour power supply, efficient drainage system, as well as landscaped parks and open spaces.
The rise in prices is also attributed to the fact that the prices of residential land in Phase 7 remain the lowest in comparison to any other area of the Lahore City and it is one of the only phases of DHA that still have large vacant plots available for sale. If you are looking to invest in DHA Phase 7, now is undoubtedly the best time to do so as the prices for plots are expected to increase as the months go by. However, it is always advisable to research thoroughly before investing in any property.
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