Finding a 5-marla plot for sale in Broadway Commercial, DHA Phase 8 can be a great investment, as this area is highly sought after for commercial and residential purposes. Here’s what you need to know:
Key Details About 5 Marla Plots in Broadway Commercial:
- Plot Size:
- 1 Marla = 225 sq. ft. (approximately)
- 5 Marla = 1,125 sq. ft. (approximately)
- This size is ideal for small commercial setups, offices, or retail stores.
- Price Range:
- As of 2023, the price for a 5-marla commercial plot in Broadway Commercial, DHA Phase 8, can range between PKR 25 million to PKR 40 million or more, depending on the exact location, accessibility, and demand.
- Location Advantages:
- Broadway Commercial is a prime commercial area with high foot traffic, making it perfect for businesses like restaurants, cafes, retail shops, or offices.
- It is surrounded by upscale residential areas, ensuring a steady flow of customers.
- Legal Documentation:
Ensure the plot has clear ownership and all necessary documents, including:- Allotment Letter
- Approved Building Plans (if applicable)
- No Objection Certificate (NOC) from DHA
- Property Tax Clearance
How to Find a 5 Marla Plot for Sale:
- Real Estate Agents:
Contact reputable real estate agents specializing in DHA properties. They often have access to exclusive listings and can help you find a plot that meets your requirements. - Online Portals:
Check property websites like:- ESTATE92
- Grayspark
- Lamudi.pk
- Property Finder
Use filters to search specifically for 5 marla commercial plots in DHA Phase 8.
- Local Market:
Visit Broadway Commercial and look for “For Sale” signs or inquire with local shop owners and residents. Sometimes, plots are sold through word of mouth. - DHA Office:
Visit the DHA office or their official website for updates on available plots and auctions.
Tips for Buyers:
- Verify Ownership: Always verify the seller’s ownership and ensure the plot is free from disputes.
- Market Research: Compare prices of similar plots in the area to ensure you’re getting a fair deal.
- Future Prospects: Broadway Commercial is a growing area, and property values are likely to appreciate over time.
- Purpose: Decide whether you want to use the plot for commercial purposes (e.g., setting up a business) or as an investment.
If you need help with specific listings or further guidance, feel free to ask! I can also assist with connecting you to real estate resources or agents in the area.