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A lot of correction near day close.,

(85241)
Wednesday, May 6, 2015 02:10 PM 

As I expected looking at number of NDC Its was going to be a tough day.Here it is. A lot of correction near day close.

Sellers at this price.
1-Kanal= 62 Lacs (Currently 30% buyers and 70% sellers in market)
10-Marla= 42 Lacs (Currently 30% buyers and 70% sellers in market)
5-Marla= 25 Lacs (Currently 45% buyers in and 55% sellers in market)

4-Marla-Comm=215
8-Marla-Comm=345

Tough two days. Last week before may not be as bad now. All the cleaning of files from market will be done by Monday open. This is my GUESS for only for next 3 days trading. Too many people keep asking here whet will happen tomorrow. This is for them. Not possible to time each files exact movement 100% accurately as buyers sellers ration change too fast.


I am just talking DHA9 DHA9 and DHA9 only because that's the place where 90% things are happening. Every phase has its time. Now is the time for talk of DHA9 ups and downs. Good or bad etc


After ballot things will stay cool and I still think price ranges or good and best plots and bad plus worst plots will be very close to my post ballot estimates I posted here 3 to 4 weeks ago.

Now things you wont ever know in public. But i promised you will know what I knew

DHA Lahore its self purchased lots of files yesterday for one Kanal near or above 63 lacs. Either they are tight with available land in DHA9. Or planning to launch apartments or houses on that land for files they are purchasing now to sell 20 lacs higher than 63 lacs.


I am keep praying ballot is fair one. We all should. I must say also Ivy Green most recent ballot was good.

Choudry Mujahid Yasin ( CMY )
Info@LREPK.Com

Z.F replied on Wednesday, May 6, 2015 05:07 PM 

Selling pressure is bit surprising for me coz i dont see anything bad in phase 9 Prism.

Z.F replied on Wednesday, May 6, 2015 05:11 PM 

i am very sure ph9 prices will rise again in a short period( in 2 months).

zaeem Ishtaiq replied on Wednesday, May 6, 2015 05:27 PM 

In next coming days price will increase due to ballot and my expection is that price will remain between 27 to 29 lac for 5 marla but after ballot prices will stop for few months reasons.
1.More seller in market after ballot as bad location plots will sell.
2.Ramzan factor,Usually market is very slow in Ramzan but after eid may be it will increase.
3.Summer factor,In JULY,Aug,Sep market is slow due to hot weather but after Bari Eid market will again shoot up.

Khurram replied on Wednesday, May 6, 2015 06:18 PM 

Dear CMY and LRE team,
If we sell a plot/file in DHA within 2 years time, what kind of Tax is applied on seller and how much it is for 10 marla file of Phase 8-Z?
Regards,
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