DHA Islamabad is now selling a limited number of residential and commercial plots in DHA Phase 2 Islamabad, DHA Phase 3 Islamabad, and DHA Phase 5 Islamabad. These possession-ready residential and commercial plots will be sold on a first come first served basis. DHA Islamabad has not announced any deadline for this sale of plots. It will end soonest the available inventory of plots is completely sold. The DHA Property Exchange Islamabad is managing the sale of these residential and commercial plots in DHA Islamabad.
Where is DHA Phase 2 Islamabad located?
DHA Phase 2 Islamabad is sandwiched between Islamabad Expressway and GT road. It is located at the junction of these two roads near the town of Rawat. DHA Phase 2 Islamabad is located approximately 21 kilometers from Zero Point Islamabad. Travelling time by car varies from 30 minutes in very early morning or late-night to 1 hour 30 minutes in peak hours. It is quite exhausting to commute between Islamabad city and DHA Phase 2 Islamabad for work on a daily basis 5 days a week. Nonetheless, a large population from DHA Phase 5 and DHA Phase 2 commutes daily to Islamabad city for work. Scroll down to the bottom to find out more about the market prices and how to contact DHA Islamabad for plot inquiries.
Residential and commercial plots for sale in DHA Phase 2 Islamabad
DHA Islamabad is selling a limited inventory of residential and commercial plots in DHA Phase 2 Islamabad. DHA Phase 2 Islamabad is a fully developed sector with electricity, gas, and water access. DHA Phase 2 Islamabad has a range of retail shopping areas, parks, sports facilities, a community club named Jacaranda Family Club, a medical clinic and pharmacy, mosques, schools, and mixed-use high-rise buildings.
What are the prices of residential plots in DHA Phase 2 Islamabad?
Due to the fully developed and inhabited state of DHA Phase 2 Islamabad the prices of residential plots and constructed houses have already reached their maturity. More than 75% of the residential plots have houses built upon them and approximately 25% or less residential plots are still vacant in June of 2023. The yearly increase in the capital value of the property in DHA Phase 2 Islamabad is incremental and not to be expected to see major jumps in the short to medium term. Buying residential plots in DHA Phase 2 Islamabad is not an investors’ market because of the full payment terms and the settled price base due to high occupancy. Buyers wanting to buy a residential plot in DHA Phase 2 Islamabad to build a home are the most likely customers. Investing to get rental income is also a weak proposition due to the full payment term on mature price points. DHA Phase 2 Islamabad has residential plot sizes of 5 marla, 8 marla, 10 marla, and 1 kanal. The sale price range of a 5 marla plot in DHA Phase 2 Islamabad is PKR PKR 1.5 Crore to PKR 2 Crore. The sale price range of a 8 marla plot in DHA Phase 2 Islamabad is PKR 2.1 Crore to PKR 2.5 Crore. The sale price range of a 10 marla plot in DHA Phase 2 Islamabad is PKR 2.5 Crore to PKR 2.8 Crore. The sale price range of a 1 kanal plot in DHA Phase 2 Islamabad is PKR 3.5 Crore to PKR 5.5 Crore.
What are the prices of commercial plots in DHA Phase 2 Islamabad?
Recently DHA Islamabad has offered large sized commercial plots in DHA Phase 2 Islamabad in an open auction near DHA Phase 2 Islamabad Gate 2 just off the G.T. road. The auction dates were June 12 and 13. However DHA Phase 2 Islamabad has since not announced the results of the open auction. Usually results of successful open auctions are announced to build the commercial image of a housing society. It is possible that these premium commercial plots in DHA Phase 2 Islamabad are still available for sale.
The commercial plots in DHA Phase 2 Islamabad are of three main categories: Local convenience stores, main boulevard commercial, and main G.T. road commercial.
Read more about investing in residential and commercial plots in DHA Phase 5 Islamabad.
The local convenience store commercial plots in DHA Phase 2 Islamabad are mostly owned and operated or rented out by DHA Islamabad. DHA Islamabad usually builds a small convenience retail buildings and then rents out or sells shop spaces in these buildings. These buildings house convenience stores, hair salons, stationery and book shops, small cafes and food takeouts, laundry shops, poultry and meat shops, and the likes.
The main boulevard commercial plots in DHA Phase 2 Islamabad are offered in plot sizes of 4 marla, 5 marla, 6 marla, 7 marla, 8 marla, and 1 kanal. These commercial plots are located on main boulevards of DHA Phase 2 Islamabad that carry main load of the traffic across the entire length and breadth of DHA Phase 2 Islamabad. These commercial plots in DHA Phase 2 Islamabad host banks, departmental stores, pharmacies, big brand hair salons, big restaurants, and private offices etc. Price of a 5 marla plot on main boulevards inside DHA Phase 2 Islamabad is between 4.5 Crore to PKR 6 Crore.
DHA Islamabad has recently started to sell large format commercial plots in open auction.
The commercial plots in DHA Phase 2 Islamabad adjacent G.T. road are offered in plot sizes as small as 4 marla and as big as 20 kanal. Further, the buyer can buy smaller plots in pairs and combine them for a bigger building construction project. The price range for 4 and 5 marla plot is from PKR 5.5 Crore to PKR 7 Crore depending on location. The price range for 1 kanal plot is from PKR 26 Crore to PKR 34 Crore.
Pros and Cons of investing in residential and commercial plots of DHA Phase 2 Islamabad
Pros of investing in DHA Phase 2 Islamabad
- DHA Phase 2 Islamabad has plots ready for possession and construction of house or a commercial building.
- DHA Phase 2 Islamabad has over 75% built-up residential spaces and offers a sizable market for new businesses.
- DHA Phase 2 Islamabad has access to utilities like water, gas, and electricity.
- DHA Phase 2 Islamabad has easy access to public amenities like parks, sports arenas, community club, cinema, clinical facilities, schools, and convenience shopping. Therefore, it is convenient to live in DHA Phase 2 Islamabad.
- DHA Phase 2 Islamabad is now comfortably accessible for commuting to workplaces in Islamabad city. The expansion of Islamabad Expressway and development of interchanges have further smoothened travelling between Islamabad city and DHA Phase 2.
Cons of investing in DHA Phase 2 Islamabad
- DHA Phase 2 Islamabad is not suitable for pure investment purposes. The prices have crossed major milestones. Now the price increase will be small and steady over the course of time.
- Buying a residential or commercial plot in DHA Phase 2 Islamabad requires full payment. For an investor this means blocking of a significant capital in a slow-moving property. Investors interested in capital value jumps or fast selling will not find the real estate market of DHA Phase 2 Islamabad suitable.
- DHA Phase 2 Islamabad is not ideal for people that commute daily to Islamabad city. Even though the expansion of Islamabad Expressway has made travelling more comfortable, the even increasing traffic load due to more housing societies along the Islamabad Expressway will not bring down the commuting time to 15 minutes like many would claim. Travelling time between DHA Phase 2 Islamabad and Islamabad city will remain in the range of 30 minutes up to 1.5 hours in peak times. This has a significant toll on petrol expenses and commute fatigue when done 5 days a week.
Who should buy a residential plot in DHA Phase 2 Islamabad?
The real estate investment market of DHA Phase 2 Islamabad is a mature and stable market. The major price jumps have passed so do not expect residential plot prices to increase dramatically. It is not a pure investor’s market. At this time in June 2023, buying a residential plot in DHA Phase 2 Islamabad is best suited to those families that want to build a family home in the Islamabad Capital Territory. Buying a residential plot in DHA Phase 2 Islamabad is also suited to a family that wants to build a house and put it on rent to supplement their cash flows. Such a family may choose to live in a rented house in Islamabad city to avoid daily commuting burn-out and at the same time off-set their rental expense with their rental income from their own house in DHA Phase 2 Islamabad. A 1 kanal house in DHA Phase 2 Islamabad can fetch a rental income in the range of PKR 1.85 lac to 2.2 lac per month depending on location and quality of build. A 10 marla house in DHA Phase 2 Islamabad can fetch a rental income in the range of of PKR 95 lac to 1.5 lac per month. Rents mainly depend on the number of bedrooms, the quality of finishes, and the design and age of the house. Variance in rent based in which sector of DHA Phase 2 Islamabad the plot exists is aa relatively minor factor.
Who should buy a commercial plot in DHA Phase 2 Islamabad?
The commercial market of DHA Phase 2 Islamabad is fast reaching maturity with major brands already serving the resident consumer market. The need for commercial creativity has become critical for new investors to get optimal returns on their investments. Simply building a new office building or shopping centre may not be enough for good profits.
There is the large-format Giga Mall facing the GT road that houses major national brands including a hyper-market, restaurants, and indoor entertainment facilities. Giga Mall is always developing a new adjacent mall, connected with a bridge to the Giga Mall, with specialized indoor entertainment facilities to expand and deepen its visitor profile.
Then there are smaller buildings mostly on plot sizes of 4 marla and 8 marla. Most of these smaller buildings house small offices, food outlets, and other random shops. Investing into a commercial plot in DHA Phase 2 heavily depends on the intended use. The prices of commercial 4 marla to 8 marla plots are still affordable and may make commercial sense to build a dedicated office for a small to medium size business.
Investment in medium to large size commercial plots between 1 kanal to 4 kanal with an aim to build mixed-use building housing exclusive brands, lifestyle facilities like gyms and fitness clubs, personal wellbeing clinics, and fully serviced apartments has been an attractive proposition to investors.
How to contact DHA Islamabad to purchase a plot?
DHA Property Exchange Islamabad is handling the sale of possession ready residential and commercial plots on full payment in DHA Phase 2 Islamabad. It is located at Defence Mall, Defence Avenue, DHA Phase 1, Rawalpindi.
You may also contact DHA Property Exchange Islamabad at telephone number 051-111-555-400 extension numbers 1301, 1302, 1303, 1304, and 1305). Callers from outside Pakistan may dial +92-51-111-555-400 and then choose from extension numbers 1301, 1302, 1303, 1304, and 1305.
Inquiries can also be made at these cellular phone numbers: For local callers: 0321-5082777, 0321-5544194. For international callers: +92-321-5082777, and +92-321-5544194.
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