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Anticipated next Property Boom In Lahore,

(84601)
Saturday, April 25, 2015 01:26 PM 

Dear Friends/Experts

Economic boom in any industry are mostly cyclic. There was a depressing period in Lahore real estate market from . There was a boom in Lahore during 2013 and prices got doubled almost everywhere. When we will expect a next boom in Lahore?

ZB replied on Saturday, April 25, 2015 02:19 PM 

You are very much right, we can expect good increase in real estate and defiantly in DHA-9. This phase has lot of potential to grow and good news have already start coming from every side.

Do not confuse your self with daily rates. In real estate business things do not change in day. just buy if you have funds and wait patiently. longer you wait more you will gain.

Ahsan replied on Saturday, April 25, 2015 02:36 PM 

DHA phase 9 is a good option but remember that the more benefit will be in a underpriced societies where people can construct houses in a short term. I expect a next boom in 2018 just after the next general elections as that happened in 2013.

Jameel replied on Saturday, April 25, 2015 03:05 PM 

Dear Ahsan, When Boom will come you will not have to ask as before that there will be 5 years of slump, Boom is not possible without Slump. I rather see this time slow rise as indicators are good and already Boom is over which was not so intense and Mostly properties went 2X in general.

Shahzad Qamar replied on Sunday, April 26, 2015 08:56 AM 

Jameel saab, I hope you will agree that whenever there is a slump it does not effect everything at same scale, what do you think which areas will not be affected at higher scale in case of slump?

Jameel replied on Sunday, April 26, 2015 12:22 PM 

Dear Shehzad Sb,
All the properties where investors ratio is more are heavily hit by Slump, More are files, far off areas, underdeveloped areas. But developed plots and houses are hit less hard, at the same time they also grow less.
My trick is simple I enter only in a Slump time and also only in Low Priced areas where ground realities are better, the Most important for me is Land acquisition. Then by the grace of God there is not down fall may be less growth or more growth or Stagnant price for few years. I never invest by taking Loan etc. I like smooth growth than fluctuations. Assets are not to give you hypertension rather it is for peace of mind.

Shahzad Qamar replied on Sunday, April 26, 2015 02:35 PM 

I think I have similar strategy, waiting some good correction to re-enter but it does not seem to happen in near future lolzz

Rasheed replied on Sunday, April 26, 2015 08:42 PM 

You don't have to wait for correction. There are other ways to make money like buy the worst house on the best street. Do it UP. Chances of loss are very low.

Shahzad Qamar replied on Monday, April 27, 2015 08:39 AM 

Raheel saab excellent suggestion, but qasmay Allah di, it is very difficult to find such opportunity specially when we are concerned about Qabza and fraud.
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