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

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   Market Activity
Thursday, August 4, 2016 12:10 PM 
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when the normal trading would resume in the market again as this tax mess is cleared and fair market price is quite reasonable, not any abnormal price is set by FBR. why still there is no buying selling as normal
User_9325® replied on Thursday, August 4, 2016 12:24 PM 

because most of the dealers plus societies are still confused regarding these taxes on how to calculate cvt, stamp duty etc. everybody is not as updated as LRE website visitors :)
Kureshi® replied on Thursday, August 4, 2016 12:43 PM 

It's because of posts like this ... people think something is not right 😂

I think people are still in state of shock . Also there is factor of enhanced transfer fee.
Market Activity replied on Thursday, August 4, 2016 12:58 PM 

this is the point, there is not much increase in transfer fees. Icrease is tiny but reaction is huge
HassanHC® replied on Thursday, August 4, 2016 01:32 PM 

Honestly we are so much informed by Mr Chaudary Mujahid saab CMY that is why we are able to find deals and read market direction before general public gets full hold of the news.

This is the time to get good deals before every one gets wind of it.
User_PK9549® replied on Thursday, August 4, 2016 01:57 PM 

It was all done on purpose by the gov. to hit real estate market. As the gov. is in huge debt after taking huge loans from the IMF and they are been criticized on the economic conditions of the country, Dar being under pressure and with his incompetency made all these changes which fired back. But guess what there is one thing people have not been thinking all this time. The Pakistan Stock Market gained many points in the recent past. This is called corruption with legal way. These big players along with gov officials made a master plan to invest in stock market and then giving unrealistic hype to it with hurting the most beneficial investment of real state market. GEO along with other anchors were paid to make the situation more complex to dry out the investment in the real estate sector. On the other hand money went into Stock Market, Gov got the praises and they made the money as well. In few days when all these players will cash out from the stock market, the stock market will crash. Again the money went into their pockets and the poor man will be left with nothing. The real estate market will catch up soon but the fooled have been made fools again by the government.
Market Activity replied on Thursday, August 4, 2016 02:08 PM 

@User9325 brother no dealer is confuse about new taxes i meet many deals daily what i came to know from all of them is FBR rate are for fedral taxes like CGT and WHT calculations. and DC rates are for provincial taxes like CVT,Stamp duty etc. but buyer can always pay CVT STAMP DUTY on Fair Market Rate set by FBR it won't make much difference. Isn't is simple?
Market Activity replied on Thursday, August 4, 2016 02:16 PM 

@User pk9549 brother soon money will be pulled out of stock exchange and land direct in real estate because property is only safest tangible option in pakistan
Ahmed Khan replied on Thursday, August 4, 2016 02:36 PM 

Dear User 9549, under the circumstances your analysis seems to be very accurate & to the point. If the crash in the market takes place it will be the Dooms Day for small investors.
AHMAD HASSAN® replied on Thursday, August 4, 2016 02:51 PM 

There are othere factors also involved in current market position. We may see a gult of sellers because many people are returning from ME which will reduce remitance & IMF is not going to lend more money to GOVT. Moreover DAR could brought very less into Pakistan whatever he borrowed from IMF.
Yes pressure is there. Unfortunately if one try to speak about ground reality, then one will become opposition on this blog. In fact am also one of stakeholders who want property to grow. But when I see directions, intentions and false figures of GOVT, I got worried too. They are targeting next election only & before election GOVT all deposits will be empty in the name of infrastructure development.
User_PK9549® replied on Thursday, August 4, 2016 06:19 PM 

Yes, the momentum of the real estate market has been effected all over the country but those who have invested in Lahore specially in good creditable societies along the Sothern Ring Road are very safe and within one year they will be getting fruitful returns on their investment.
User_11165® replied on Thursday, August 4, 2016 06:31 PM 

People's are afraid of day by day change in laws for real state. What we will happen next , harsh move of govt will drowns investers. Heavy transfer expense will disheart investers. It's a slump knocking at the door. It's my observations. Govt is only focusing to collect revenue.
User_11165® replied on Thursday, August 4, 2016 06:47 PM 

Fbrs big guns are very happy to cash the scenario and sharpening their weapons. Stakeholders are standing in que for blood shed.
Keep smiling , those have sold their luggage.
ShahzadQamar® replied on Thursday, August 4, 2016 11:29 PM 

I think most of the users are so innocent here that they think just straight forward. Dear market activity bhaii....firstly the market activity will remain under the table for agents where sell purchase will be through Biana....this is called Entry Preparation....after that real trade will resume
AHMAD HASSAN® replied on Friday, August 5, 2016 07:25 AM 

Dear Shahzad Bahi, BAYANA activities work when really buyer available in Market because from 1 to 4 months plot has to deliver to actual buyer otherwise deal will go to litigation. What am seeing beginning of property/developers companies activity in stock. A new game & new solution & beginners will be real gainers in future.
Kureshi® replied on Friday, August 5, 2016 09:28 AM 

Ahmed ney bari gehri baat kar dee akhri jumlay mein...
ShahzadQamar® replied on Saturday, August 6, 2016 07:16 PM 

Ahmed bhaii inshallah will give you call next weekend. Regarding your comment, stock thing was and will always be an option but this can not be compared as alternative of real estate physical trade. This physical trade will remain in business always regardless of stocks as both work side by side.
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