Ahsan Ali replied on Saturday, July 11, 2015 10:07 AM
Market has it's dynamics and price increase and decrease always keep happening at a particular interval of time. Development charges refer to one variable and price changes are subject to many variables such as status of the development, construction activity, substitutes etc. The correction is expected but it may result in appreciation if prism is undervalued currently, which I doubt. The idea of long term hold is simple, if you can afford hold it for atleast 5-6 years and don't worry about corrections. If you can't than there is an issue and you have to decide a right time for entry or exit. |
