Dear experts
How are the prices of prism prime locations now ? Have they gone down at all ? How about commercial ? How is the availability of confirmed plots at the moment particularly good locations commercial
HassanHC® replied on Saturday, August 6, 2016 08:37 PM
Prism FBR rates are still reasonable and PRIME LOCATION is with long term holding power.
Small plots in other societies are holding well.
RING ROAD has added new momentum to Lahore. Now news of last loop also happening till Multan road.
Commercial rates are anyways not affected as prism FBR rate is still low. |
Surfer® replied on Sunday, August 7, 2016 09:24 AM
@ Kamal Sb. Prices of PRISM is the same after the settlement of taxes as before. Infact some of my friends told me that askings for demand of Prism plots has started.
In my point of view this is the right time to enter in PRISM. As all things are settled now and great benefit of LRR & Badian road expansion project is a head. Especially fast pace development is going on in fast pace.
As Hassan explained FBR rates are low in PRISM. Obviousely PRISM demand will be high in near future. "In shaa ALLAH" |
Muhammad asad replied on Sunday, August 7, 2016 11:24 AM
Be aware all property prices will be reduced after taxes and Slump period.
More effects seen on non position area. |
Kaleem khan replied on Sunday, August 7, 2016 11:32 AM
DHA transfer three to five plots daily average instead of previous hundreds.
It's show that taxes effect market badly as well as correction due in market. |
Hussain replied on Sunday, August 7, 2016 12:15 PM
Real estate market doesn't change overnight unless there is an economic downturn or recession. The transfer volumes at DHA will need a couple of months to build up - and things will start moving as normal. The changes in taxes were not significant at all and overall things are headed towards positivity! |
User_PK9549® replied on Sunday, August 7, 2016 12:17 PM
There would be no correction. Its just a quite period and nothing else. I don't know what kind of stupid analysis people make when they talk about correction and slump. Are they just jealous that they don't have a plot or they are just desperate to get one on low price. I don't have a plot there but I do know that if I had money I would have bought a plot there. Lahore real estate market is just to grow at the moment and there is no slump or correction going to happen there. I do know people who have invested in Lahore from Peshawar and Islamabad. Wise investors have invested in Lahore on time from all over the Pakistan and we will see Lahore market standing out from rest of the markets. Many dealers from Bahria Town Rawalpindi are investing their clients money in Lahore and thus we have seen a drop of over 10 percent in prices here in Bahria Town Rawalpindi. |
Farrukh Saleem replied on Sunday, August 7, 2016 12:37 PM
I agree with @HussainHC that the momentum of real estate is added by the Lahore Ring Road Southern Loop construction.
At the moment buying a plot in Societies falling on the Southern Loop will be the best option as outlook of these Societies will be completely changed after one year. |
ShahzadQamar® replied on Sunday, August 7, 2016 05:49 PM
Those interested in Prism, try to find good option in H block that is still cheap but a great location considering ring road approach. |
