DHA City Lahore – An Answer to Affordable Living in Lahore

Lahore properties are popular among the real estate people worldwide because of its extensive business opportunities, excellent living standards and affordable property prices.  People who are looking for their dream residence in a better location in Lahore on a price deal within their budget range, DHA City Lahore is the best destination for them. Some people confuse it with the DHA (Defense Housing Authority), that DHA City Lahore and DHA are the two names of the same destination, but in fact they are two separate places. Although DHA City Lahore properties are also administered by military officials like DHA, but the two places are completely different destinations. DHA City Lahore is situated on Multan Road and if we compare the facilities provided, location significance, affordability, housing architecture and design, it is not lesser than DHA in any aspect. It is the project that has given Lahore real estate a good boost.

Initially, the major purpose of the Pakistan Army behind DHA City Lahore was to construct a society to allocate plots and houses to the families of martyrs, army officials, junior commissioned and non commissioned officers on affordable prices. The key intention was to develop a world class society inLahorereal estate with supreme class state of the art design and structure modern facilities for education, health care, retail shopping opportunities, entertainment and cultural needs. Now the project covers a big audience houses and plots with lower income range to the stylish real estate units for the high end users.

The good thing about DHA City Lahore properties is that the prices is about half of the properties prices in DHA. Another good thing is end users have range of options to select. Finished homes and plots are available in different sizes and prices, they can choose among 5, 10, 15, and 20 marla plots according to their needs and budget range.

DHA Karachi properties are even more valuable

The DHA Karachi, also named as Pakistan Defense Officers Housing Authority, is one of the snobbish residential communities. The main goal of the community is to develop a housing society with high standards of living. The efforts made have been credited very well and DHA Karachi properties provide its residents a class of lifestyle with healthy environment settings, excellent recreational facilities, modern architectural design, lush parks, and high class educational instructions. The Jinnah International airport can be accessed by a drive of just 30 minutes and the business hub ofKarachi is II Chundrigar road is located at the drive of just 20 minutes.

Unlike the commercial properties in Karachi, the rates of residential properties and DHA Karachi properties somehow are stable, whereas the commercial properties prices have been dropped by 30% in last 3 years. Although there is a common practice in the residential area to increase the house rent by 10 percent after every year and sellers and home owners are also following the rule with an interest rate which has been maintaining the same value for past couple of years. Even the supply and demand graph line is also going side by side. If you want to sell or rent your house in DHA Karachi, you just put an advertisement on any real estate portal or in the local newspaper, after few days the deal and all the legal things are done between you and the buyer. Real estate agents are of the opinion that peaceful political situations in DHA Karachi are one of the factors that contribute towards the stable properties rates. Moreover more commercial and residential projects are being constructed in DHA Karachi.

A business lately moved their branch into a building in DHA phase II on lease of 65K per month. The owners say that they had been paying 100K per month to the previous landlord in DHA. The previous unit was also of the same size in the location of same status, not to mention.