DHA Phase 8 – A locality worth your investment

Tuesday, September 25

 The saga of Defence Housing
Authority Lahore’s success continues, as the society has extended beyond phase
IX, making it one of the largest housing societies of Lahore. For the elitists
of elites, DHA Lahore, the posh most community of the city, appears to
be the only station. The humungous demand and popularity of property in Defence
called for society’s robust expansion. More people can now claim their place in
the city’s only best location and experience a lifestyle that is truly iconic
to the locality.

After complete development of phase
V, VI, and VII, Lahore DHA has launched Phase VIII & IX, while Phase
X, as of September 2012, is in the planning stage. DHA Phase 8 offers 2 kanal,
1 kanal, 10 marla, 8 marla and 5 marla residential plots as well as 32, 16, 8,
4 and 2 marla commercial plots. The society is well connected with important
highways such as Barki Road and Ring Road but for security purposes, only 3
entrance points are functional, two from Ring Road and one from Barki Road.

Unlike the rest of DHA Phases, Phase
8 is a gated development and is guarded throughout the day and night. Phase 8
touches phase 6 and 7 in south east, faces Air Avenue in the north, and lies
parallel to Green Housing Society and Paragon City in the east. Some other
communities that lie closer to DHA Phase 8 are Eden City, DHA Parkview,
Askari Phase 9 &10, DHA Broadway Commercial Lahore and Divine Gardens.
Except for some lower and middle class communities like Nadirabad, Gulshan Ali,
Ali View, Khuda Bukhsh Colony, Haji Park, and Gohawa that lie between Phase I &
II and Phase VI, VII, VIII, the entire Defence Lahore is neatly connected
through Defence Road.

The expansion of DHA beyond Bedian
and Barki Road has magnified the importance of this entire area of southeastern
Lahore. The value of property here has increased many folds in last one decade,
the decade that has been dominated by little activity in Lahore real estate and
high-speed development work in the city’s outskirts. DHA Phase 8 Lahore is among the top performing localities in Lahore
real estate sector where per
marla rate has exceeded 4 lac. The value of finished homes is even higher as
the developers have gone an extra mile in trying to build units that match the
luxurious lifestyle attached with DHA Phase 8 Lahore.

The interesting part of investing
here is that the price of property and finished homes in DHA Phase 8 is
believed have matured although the phase is yet to be developed completely.
Despite that, the few years are said to witness mounting rates of property
here, which makes DHA Phase 8 Lahore a location that is truly worthy of your
investment.

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