Friday, October 18, 2024

Some of the reasons behind the growth of DHA phases in Rawalpindi/Islamabad

(Source: https://www.dhai-r.com.pk/)

During the years from 2022 to 2024, almost all sectors (in real estate) in Pakistan faced loss, except some projects that are successful even now. For instance, DHA Rawalpindi/Islamabad, has experienced a good level of profit during the past two years, as compared to all other projects. For instance, considering DHA Phase 2, the property that was about 3 crores to 3.15 crores during the end of 2022 or the start of 2023, now (in 2024) that is about 5 crores to 5.5 crores, and considering DHA Phase 5, the property that was about 1.5 crores to 1.75 crores at that time, now that is about 3 crores to 3.25 crores. This is about 80% to 100% return on investment (ROI).

There can be different reasons for the success of DHA project. One of the first reasons relate to property location, and another reason is that of who’s taking your money, i.e., who is the project developer. Behind DHA phases, project developers are related to Army Welfare Trust (AWT), which is very strong project developer. The AWT is headed by lieutenant general. This is one of the reasons that the people who purchased property in DHA get one of the most secured properties. It is also important to note that even though the economic situation is not good, people have not stopped making homes in DHA.

Another reason is that DHA phases in Rawalpindi/Islamabad have gotten two interchanges through Islamabad Expressway during the past two years. People have found it easy to enter DHA through Islamabad Expressway.

Source:

Makaan Solutions - Real Estate Success: Why DHA Rawalpindi & Islamabad Stand Out (2022-2024) | Makaan Solutions - https://www.youtube.com/watch?v=oqFAFa7SnM8


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