Looking at the present prices of land files and the prices set by dha for instalment plots a big difference is observed; moreover the trend of investment also does not appear to be healthy: in such scenario it appears that there would be no own and the successful applicants will have to suffer loss when air from the balloon would escape after a month or two ? Thanks
Jameel Mughal® replied on Friday, June 2, 2017 05:22 PM
I agree with CMY that DHA Multan is and will be good investment, but I am scratching my head why allocation file did not show improvement in price as even 8 months ago it reached 50 and people were telling that after Eid 2016 it will be 65-70 Lac, Now on Eid 2017 it is 47? and with what face installment owner will ask for OWN when already this price is so expensive than File in open market.
May be small plots will be sold on own |
JD replied on Friday, June 2, 2017 06:17 PM
Perhaps these are market dynamics which demonstrate that clearly majority of these 300,000 applicants are short terms players. Because investors would clearly prefer the land files which are under priced and hold these until maturity or next plot ballot. I understand the instalments itself are quite heavy 5.5 lac for a canal file is no joke per quarter. so surely not everyone is an investor in this ballot with majority short term players as all it takes is 8k rupees for you to make few lacs ! As propagated here with bold statement like 50 lac own on commercial or min 5 lac own from day 1 ....
So patience guys --- as an investor I would definitely buy land files ! It's only a matter of time |
ShahzadQamar® replied on Friday, June 2, 2017 11:34 PM
Jameel bhai just wait for very short time and you will see how strong the cash files are. Cash file holders will gain strong in terms of ROI still in 47 its very cheap and reason that price did not accelerate is because of market game and this first ballot |
ali replied on Saturday, June 3, 2017 01:15 AM
wait till balloting which is expected in march 2018 .till that time it will trade on the present price. |
Ua replied on Saturday, June 3, 2017 05:06 AM
I think it is overall property investment trend that is to be blamed. Last year has remained very poor in this regard. Hardly any deals happening. If you are patient buyer, you may get one off amazing deal in all of this. Unless this reverses elsewhere, dha multan will also remain under pressure. |
