DHA Expressway is present in DHA Phase 5. This phase already
has several important buildings, including Novacare healthcare, Caltex petrol
pump, McDonald’s, and DHA’s main building. Considering this development, many
private agencies have also started their developments in this area. Earlier
this year, an 8 marla plot was available only at about 10 crores, and even 4
marla plots have the price in the range above 4 crores. Now, the prices for 8
marla plots have gone down to about 9 crores to 9.5 crores, and 4 marla plots
are now at about 3.65 crores.
Considering the reasons behind the decline in prices, even
with the presence of all different types of positive factors, it can be noted
that after budget, commercial plots got Federal Excise Duty (FED). So, when
someone gets a plot in DHA, they have to pay not only Advance Tax but also FED
and DHA Membership Fee. These extra burdens of taxes result in the decline in
prices. Another reason is the presence of businessway where people have started
showing interest leading to a decline in prices near DHA expressway. Then, the development
of Central Commercial, where banks, parks, and plaza with rents can be found.
These three factors can be considered important in the decline in prices.
However, the completion of DHA headoffice in phase 5 (by December 2025) and the
completion of other famous areas (already mentioned), such as Novacare hospital
(by 2026 or 2027) can eventually increase the prices of plots.
Source:
Property Gupshup - 😱BIG DROP in price on DHA
Expressway | Property Gupshup - https://www.youtube.com/watch?v=UKd0jHytuco