To all my Brothers and Sister,
As you all must have seen a clear slow down in this forum represents that most foreign overseas Pakistani investors are looming around in Pakistan for Eid and at the same time securing deals which obviously has made the property to have a little temporary rise. To all those who reside in Pakistan please stay away from buying at this current peak time as it's likely to go into back gear very shortly.
Hope this may help many.
Sincerely,
Ahmet replied on Wednesday, July 15, 2015 07:17 AM
Ramadan and summer is the most dead time for property in my view. Property prices will actually go up after Eid. All the agents I spoke to are pretty much of the same opinion. The period between the two Eids and then December are the two active property dealing periods. |
Sincere Advice replied on Wednesday, July 15, 2015 07:21 AM
Looking at the last few years trend has convince me to draw such a conclusion. |
Kamran replied on Wednesday, July 15, 2015 07:22 AM
I agree with Ahmet. I don't see any major downward trend going on especially people don't have any other better option for investment. If economy continues to improve and law & order becomes better then property will have a very positive impact. |
Observer replied on Wednesday, July 15, 2015 07:44 AM
In my opinion sincere advice don't have any investment in prism and he wants to grab good deal. That's y his sincere advice is not actually sincere. Rest Allah Knows better |
Sincere Advice replied on Wednesday, July 15, 2015 10:46 AM
To all my friends above why you all have stuck urself in a box of thinking. I never mentioned about Prism its all of you who do not think outside Prism. |
Min replied on Wednesday, July 15, 2015 02:03 PM
Agreed to S.Advice |
ahmad replied on Wednesday, July 15, 2015 02:21 PM
I agree. too unrealistic prices especially for prism.. |
Observer replied on Thursday, July 16, 2015 03:45 AM
Prism starting prices are quite good than other starting prices for Dha other phases:-
1. Dha town is real close of Dha prism their possession has already been given
2. Second the moment development will be completed of Dha prism phase by phase Dha town most of construction wl have been done so immediate wl be livable very nearest phase of Dha prism
3. Third when the new phase take place anywhere prices boost up slowly and when the next next phase take place close to develop phase prices boost up shortly.
today Dha phase 6 approx prices are 1 kanal file price is 100 lac and 10 Marla 70 and 5 Marla 40 lac but all are still files reason Dha phase 6 is develop and their prices are double. Same formula is being applicable on prism as Dha town prices are almost double and prism now even became ground reality. So earlier block develop wl be more fruitful and rest wl gain gradually and don't forget Dha prism is ever best project of Dha and hopefully prices will not be comparable with any other phase of Dha . Rest Allah knows better |
Ahsan Ali replied on Thursday, July 16, 2015 03:47 AM
The Prices are gradually rising in all societies in Lahore.The major reason is an influx of overseas Pakistanis for holidays. The slump has just finished which started in October 2013 and fadeout in May 2015. The market is in recovery phase and it will improve during next few months. As far as prism is concerned the average location is available in 62-65 lacs without development charges but once the development charges will incur than this plot will reach 62+20= 82 lacs. That point will determine the market prices based upon supply and demand. The liability of further 20 lacs may hinder transactions, because many buyers may not be able to afford sudden rise of 20 lacs and prices may see some correction. |
info replied on Thursday, July 16, 2015 04:32 AM
Why do we start accusing others of either grabbing property or selling ones plot at high prices? Why couldn't it be just someones opinion like "Sincere Advice", which is different from ours? There is so much trust deficit in this society that everything becomes a lie. |
akhtar replied on Thursday, July 16, 2015 04:49 AM
U have money, pick a place and invest. U can never guess pak property market. Up after eid or down in June etc.. u keep on waiting and things will keep on going out of your reach unless you are a son of politician. :) |
