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Thursday, April 19, 2018 12:35 PM
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Saturday, February 10, 2018 04:18 AM PST 
Property in Pakistan

I am surprised that the property market in all cities in Pakistan is completely stagnant. What are the causes of this stand still situation?

This stand still is causing serious concern to the foreign investors.

Constructive comments for CMY or LRE team would be much appreciated.

Thinker replied on Saturday, February 10, 2018 02:54 PM PST 

Its very simple. Property prices doubled between everywhere in Pakistan. However peoples income does not double in 2 years either here or abroad, hence no buyers. It usually takes 7 years for income to double (10% increase per year), hence property will remain stagnant for a number of years before the cycle starts again. This cycle has been going on for the last 70 years. nothing new.

Manan replied on Saturday, February 10, 2018 03:15 PM PST 

Dear thinker
Your points seems logical.. However there are other reasons such as imposing high taxes etc on realestate.

Rana_Australia® replied on Saturday, February 10, 2018 04:31 PM PST 

I believe
- Political Chaos
- Many avenues to invest ( DHA Multan , Bahawalpur, Peshawar, Guj, Rahbar) in addition to prism & Phase 8 has bifurcated investment
- Property prices increased to a new level till mid 2016 ..now some time required to gear up again

The best places to invest are DHA Peshawar ( not much hype in Punjab but it's vicinity is 3 crore for Kanal) and DHA Multan . Short Term investment is DHA Bahawalpur to gain 6 lakhs in next 6 months. Gwadar is extremely risky and volatile as Singhar & New Town are being taken by Chinese Port Authority . Bahria I cannot comment much ( never been a fan of it)

Rana_Australia® replied on Saturday, February 10, 2018 04:42 PM PST 

1. Political Chaos ( artificially created )
2. Too much price appreciation in 3 Years till mid 2016 requires time to settle
3. Too many avenues to invest in addition to Prism and DHA Phase 8 like ( DHA Peshawar + DHA Multan+DHA BWP + DHA GUJ + Gwadar + LDA City + DHA RAhbar) so the investment is bifurcated
4. Best investment is DHA Peshawar ( might not seem attractive now it has the potential to reach Lahore Phase 5 Prices ) , Multan is also excellent
5. Short term only Bahawalpur for 6 lakhs in 6 months
6. Gwadar is extremely risky because recently Singhar and New Town are being acquired by Chinese Port Authority and they might pay back in 3 years

Hm replied on Saturday, February 10, 2018 11:38 PM PST 

Dear Mr Rana_Australia. Please can you comment more on #6 whether this is a rumour or already disclosed by govt? Thanks

Rana_Australia® replied on Sunday, February 11, 2018 12:07 AM PST 

Point #6 was a hot topic when I visited Gwadar recently . I stayed at Naval Guest House . Naval senior officers told me not to invest till 6 months . Gwadar is not as simple as it looks . Big Fish like Saudi Aramco , AP Moller and Maersk have purchased big land .shanghai hotels chain is coming.Small investors might be eradicated. I advise to invest after careful research

User_6006® replied on Sunday, February 11, 2018 01:55 AM PST 

i disagree with rana 99% best time to invest in Gwadar today 1% invest in brands ,which in my book only 4
1.Naval anchorage 2,GREEN palm by rafi 3. Golden palm by Hashwani 4. BSM malik riaz nephew Golf city .

Govt scheme and open land can victimize few

some other pvt dont have NOC or Experience at their back or corrupts or not good developer given few have good land and will but bad teams.

Simple replied on Sunday, February 11, 2018 10:42 PM PST 

Dear Rana_Australia

Brother, your information is wrong about Sanghar & New Town.
I have visited Gwadar many times & also have investments there.
It's correct many big investors are coming To Gwadar that is a positive sign for real estate market of this city, it will not affect small investors.
Naval Officer might told you to wait because Gwadar Master Plan is due in six months but it has nothing to do with Govt Societies like Sanghar & New Town. People who have invested in open land are more concerned about Master Plan.
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Friday, February 9, 2018 09:15 PM PST 
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