Kh Qasim replied on Thursday, April 4, 2019 10:48 PM PST
Mr. CMY is long term player unlike many seasonal players here. He himself said those talking about property bubble were chewing bubble gum when he entered real estate market. The future for property is bright. DHA Prism and other phases are prime investments and good location plot will be above 300 lac + in 4-5 years time. Actually there are fewer safe investments like DHA. In dollar terms, it will above break-even I am not sure depending upon lot of factors. Though, many of my predictions went wrong. I predicted good location prism plots like A 463,A 222,C 445,C 301,D 598,D 251 valued at 87+13(development charges) on Mar 16 to be 133 on Mar 19.
Post No. 1163 (dated 13 Mar 2016)
My estimation for Prism good location (clean) plot worth 81 lac now adding 19 lac development charges total cost 100 lacs will be priced as follows:
Mar 2017: 113
Mar 2018: 122
Mar 2019: 133
Mar 2020: 147
Mar 2021: 164
Mar 2022: 185
Mar 2023: 210
Mar 2024: 245
Mar 2025: 300
Still believe, year , decent plot in DHA prism will be 300+. |