My observation about long term projects
I have been following this website for 3-4 years now , tne
team of this website is bunch of nice guys but I do not think they understand time periods when giving advise to others. So far all their estimates about time periods have been wrong.
It took phase 6 almost 10 years to get inshape and , ring road phase5-6 interchange is still under work (it was suppose to open in 2010 according to advise given on this website), DHA has so much work to do in phase 6, then phase 7 then phase 8 and then phase 9????
First of all DHA will not be able to do all this work in 1-2 years. Even if they do work on Phase 7 and 8, there will be so many plots available and according to demand and supply rule, price of phase 9 will never go up soon.
It will take atleast 20 years for phase 9 so its a very long term project . And the way the rupree is devaluating against all the international currences 50 lac of future are 20 lac of today so there is no actual gain.
50 lac of next 20 year are 20 lac of todat( Very important to understand)
The punjab govt does not have funds to give pay to govt servents the whole country is bankrupt, I do not think DHA will be able to make roads and do work on Phase 7-8 soon and phase 9 is even so so so so far away . So please convert your money into euro, australian doller, or canadian doller to make them safe.
So kindly think hard before investing in long term projects in pakistan ???????