Dear LRE
team and forum visitors
I own two 8 marla plots in DHA valley islamabad and since a long time ive been trying to dispose them off as i beleieved they are a sunk investment. till last month dealers were willing to buy them @ -200,000 each plot. i am in touch with quite a few dealers to dispose them off. since last week alot of dealers have called me up and now are offering +50,000 each plot.why this increase in DHA valley plots all of a sudden? i visited the area a weeks back and was dissappointed by the pace of development work. i hardly saw any machinery and work seemed stalled.
should i hold the plots for any future gains or dispose them off. a handsome profit of 100,000 on both plots doesnt seem that bad. i booked them in december 2008. its the first time they have showed any increase in price in these 5 years...