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Lahore Rea lEstate ,

(83034)
Sunday, October 12, 2014 11:36 AM 

Dear LRE

I need an advise on the following:

1. Whats the best investment for a period of 4 years for a 1 Kanal plot in DHA ?

2. When is the balloting expected for DHA Phase 8 Z block and whats its exact location? Is it worth investing in it ?

3. Whats the location for DHA Islamabad Phase 2 Extension ? How good it is as an investment for next 3-4 years ?

4. Whats the future for DHA Phase 9 and when is the balloting expected ?

4. Any chance of property prices to go on the down side as they have been on a peak for quite sometime ?

Thanks and Regards

Ahmed replied on Sunday, October 12, 2014 04:13 PM 

Very interesting questions, especially 2,4 and 5. Would like your expert analysis here sirs

DHA analysis replied on Monday, October 13, 2014 05:29 AM 

DHA analysis replied on Monday, October 13, 2014 11:28 AM PST

Will not go down any soon since no other business in Pakistan to do other than property.

Won't go up as well or if it would go up consider it would be very little and that would only make up for inflation that is coming soon ( which I hope I am not correct).

If you have brought some property you have to wait like 5 years to see growth

If you have not , I advise you to stay away.

Ahmed replied on Monday, October 13, 2014 06:45 AM 

What if you are in the market to buy property in lahore for your own home? Would this be the right time to purchase?

Shahzad replied on Monday, October 13, 2014 08:04 AM 

Property market will be down next year following stocks - first or second quarter.

Ahmed replied on Monday, October 13, 2014 11:13 AM 

So I should hold back on the buying sir @Shahzad? Can you please elaborate on why you think so?

Shahzad replied on Monday, October 13, 2014 08:56 PM 

investments are all about making money. property market has reached its potential.

Shahzad replied on Monday, October 13, 2014 08:59 PM 

Simple rule - money on hold for longer period without further potential mean sell & sell all...then reinvest at low.

Ahmed replied on Monday, October 13, 2014 09:16 PM 

I suppose that would make sense considering market is stagnant for the past year I think. When do you believe this selling phase will start then Sir?

Shahzad replied on Tuesday, October 14, 2014 03:40 AM 

Nobody can give exact time, only prediction. My prediction is it is not far now, latest during next year first quarter or second quarter

Shahzad replied on Tuesday, October 14, 2014 03:42 AM 

In these situations, best is to buy already dead market but with good name and for that you need to search the market (no suggestion from my side) & brother I am not "Sir" just a "Friend".

ajaz replied on Tuesday, October 14, 2014 04:22 AM 

to gain profit, normally i see people going for a kanal file in DHA , just to wait for the ballot in a hope to get profit, whereas in the same capital they can buy a smaller plot in dha ready for possession and than can gain profit.
a typical eg is 1k file of phase 9, and a typical eg of buying a plot is ph 9 town...for above.
To me ph9 file has eached its peak , but there is still a cushion of earning in phase 9 town in a year to come.time for earning in ph 9 file was last year when it was at 35, not any more.

Shahzad replied on Tuesday, October 14, 2014 07:05 AM 

Considering balloting in 2016, possession in 2021 & good marks for location the fair price of kanal file is 42 as of today. Simply buy with closed eyes if it reaches this value or below.If impossibly balloting is next month the fair value is 50 but file might reach to 55+ due to overheat market.

FRIEND KSA replied on Tuesday, October 14, 2014 04:20 PM 

Really very happy to see healthy discussion on this forum.otherwise this site has become just INQUIAY COUNTER ,to check file/plot price

FRIEND KSA replied on Tuesday, October 14, 2014 04:25 PM 

Means INQUIRY COUNTER to check file/plot price.Missing LRE team golden guidelines for investment
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