Lahore Real Estate Forum: Property News & Community Talk : ,

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Dear brothers,

SoA, there is too much told and wrote about new taxes proving the real estate market correction in my sweetland Pakistan.

But I think, on the contrary prices would rise because of the following reasons;

1) Taxes are being impossed by a civilian Govt which is already in trouble because of protests in the case of Panama leak. 2ndly just 2 years are left to new elections in normal procedure. So this Govt cant afford more opponants by new taxes. Ultimately these taxes would be either eliminated or minimised.

2) The ratio of profit gain in Pak is too high comparatively to the rest of the world. That's who once investing in real estate in Pak, never going out esp.expatriates.

3) New investors are jumping in DHA day by day because of high gain, no stress, no hard work, good reputation of DHA, no fear of Qabza group etc.

4) Comparatively to othet cities Lahore is safer.

5) Infrastructure of Lahore getting better & better because of the head quarter of civilian Govt.

6) Population & housing are rising.

7) Next is Eid ul Adha and winter season which is suitable for many ex-patriates to come in Pak.

Conclusion: Immediately after Eid ul Fitr holidays, prices of Ph.7 would rise day by day. Ph.9, ph.8 would follow.
Rest Allah is Aleem un Hakeem!!!!!!!

Regards,

Rana Abid