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RATES are falling down,

(105029)
Sunday, August 14, 2016 10:32 AM 

buyer is absent from market , sellers everywhere , market will crash soon till how long people keep on holding plots for gain dream , once some one with out holding power sell it in corrected rate trend of price cutting will start . in 2005 mush era was not bad and punjab lahore was moving good but prices not

Kureshi® replied on Sunday, August 14, 2016 10:37 AM 

Just curious , What is the intent of this post. Information ? Caution ? Warning ? Good news ? Bad news ? Creating panic ? Hamdardi ?

Real Estate is best replied on Sunday, August 14, 2016 10:38 AM 

Allah Malik o Razik hai☺

Pakistan® replied on Sunday, August 14, 2016 10:38 AM 

Let him say

why sharing truth is creating panic ?

AhmetKildir® replied on Sunday, August 14, 2016 10:55 AM 

Someone dreaming for a bargain.

Chaudhary® replied on Sunday, August 14, 2016 11:01 AM 

Mr.User-6006 grapes are always sore for u dear, my poor user

Kureshi® replied on Sunday, August 14, 2016 11:08 AM 

Who am I to stop anyone from commenting but I have the right to share my curiosity, sir.

Real Estate is best replied on Sunday, August 14, 2016 11:13 AM 

@6O06 people cannot stop/restrict buying property just because govt has imposed some insane taxes on it. Lots of mega development going on all around lahore. Wishing that prices will crash shows that you don't have any stake in real estate and desparetely want to have something

User_19995® replied on Sunday, August 14, 2016 11:22 AM 

yes i agree with all of you here. I think he seems to be living in dream world. See the prices in diff schemes are increasing on daily basis even after this all taxes thing.

He is saying market is crashing if no buyer is there how the increase can be seen.

KK® replied on Sunday, August 14, 2016 11:37 AM 

actual rates in market increasing day by day , no negative impact at all,, i am a buyer but not able to find plot in y bydget

KK® replied on Sunday, August 14, 2016 11:37 AM 

actual rates in market increasing day by day , no negative impact at all,, i am a buyer but not able to find plot in my bydget

Z.F replied on Sunday, August 14, 2016 12:32 PM 

Market may trade kum zaroor ho rai hai lakin prices stable hai aor kum honay ka koi chance nai hai Sir.

User_9629® replied on Sunday, August 14, 2016 01:31 PM 

I know one thing i want to sale my goid location plots each 5 marlas in prism 9
Everyone gives very charming estimates
But couldn't get a single offer less or more for last 25 days.
One thing for sure market has no buyers.

tallat replied on Sunday, August 14, 2016 02:12 PM 

Like it or not its a reality market is not the same as it was a few months ago, every thing is on a hold

Muhammad asad replied on Sunday, August 14, 2016 03:31 PM 

The market is down side no byer in market after taxes. The winner will be those who understand and sale properties in further Slump.

AHMAD HASSAN® replied on Sunday, August 14, 2016 04:18 PM 

1. Necessity never made a bad bargain. Buyers are in market but less than before, prices are not going down also. Investors are more afraid from FBR than taxes. If someone can get data, he will find more transactions/queries for less than 4m values plots.

AHMAD HASSAN® replied on Sunday, August 14, 2016 04:35 PM 

I used term ذخیرہ اندوز specially for those who are holding files/plots in 100s. Buying land for agri to build & sell himes commercial space is ok. Please don't become against me. It is just a thought. I could be mistaken. It is debateable.

LOYAL PAKISTANI replied on Sunday, August 14, 2016 05:03 PM 

Mr. Ahmad Hassan, you are really brave and have valour in your words. We should be optimistic and He, Allah Pak will save us from bad luck.

Aldwin® replied on Sunday, August 14, 2016 05:09 PM 

Ahmad Hassan
This site is mostly visited by investors who want to see their investments grow. I am one small investor myself. But I agree with your point 100%. Since investors started putting money into real estate in 2003, it has become more and more difficult for middle class salaried Pakistanis to build one home for themselves upon retirement. I would personally like to see that era return where educated people can think of building a home for themselves. But unfortunately, real estate is now a money making business for lots of people including overseas Pakistanis and who can blame them. Such high returns where money is doubled within a year without any effort or insecurity, is too much of a temptation to resist.
However, for those who visit this site, please show some empathy (in theory) for those brethren who cannot afford such high prices real estate. There is nothing wrong if market slows down or prices come down a little !! If anyone suggests this, why does he suddenly becomes an enemy who has nefarious designs against humanity, at least that's the impression left by several comments. I see so many people pumping the market here day and night, which they think serves their investment purpose. So be it. Let others also voice their opinion. Difference of opinion is a sign of healthy society. No one can take your profit (rizq) away from you no matter what comment he leaves here. Please don't kill me over my comments...peace.

Kureshi® replied on Sunday, August 14, 2016 05:33 PM 

Just as food is a necessity as well as a halal business , real eatate is also a necessity as well as a halal business. Without investors there will be no developers and without devwlopers , there will be no housing societies. Dearth of houaing societies will lead to higher rates. So please stop making investment in property a sinful business.

My 2 cents. Apologies in advance if I offend someone feeling.

User_9325® replied on Sunday, August 14, 2016 05:46 PM 

real estate trading is halal. zakheera andozi which yu are refering to is only forbidden in eatables. go and consult a religious scholar before declaring thousands of investors as sinners. please dont pass judgements. yu can find many fatwas regarding this online also. if yu are not satisfied with this business then stop doing this, why do yu declare all of us sinners?

AHMAD HASSAN® replied on Sunday, August 14, 2016 05:56 PM 

The Prophet (peace and blessings of Allaah be upon him) said: “Do not artificially inflate prices.” (Reported by al-Bukhaari, see Fath al-Baari, 10/484).

I didn't say that property business is sin or all are doing sin. But any act of price esclation either food or trade is not permitted. It gives benefits to few but harmful for majority. Now same applied in society or residential plots business or no. This is debateable. And what societies & investors are doing for price esclation. We all know.

User_6006® replied on Sunday, August 14, 2016 07:01 PM 

I found people saying sin sin are more sinners , beard is sunnat every mulla can teach u but what are real sunnah doing good with others,not revenging even u can, speaking truth, taking care of neigbor , informing others , spreading education etc I told truth , allegators can put allegations some may be true yes I m desperate to buy , who is not desperate over here

but I told truth may be its lame or not fulfilling your interest , but use common sense may be may be societies near ring road survive it but prices will drop for sure as I am seeing people started investing in other thing and govt policy is against property market . Few buyer vs seller , what it have to do with govt investment in lhr when trade wont happen often like past .

User_6006® replied on Sunday, August 14, 2016 07:01 PM 

I found people saying sin sin are more sinners , beard is sunnat every mulla can teach u but what are real sunnah doing good with others,not revenging even u can, speaking truth, taking care of neigbor , informing others , spreading education etc I told truth , allegators can put allegations some may be true yes I m desperate to buy , who is not desperate over here

but I told truth may be its lame or not fulfilling your interest , but use common sense may be may be societies near ring road survive it but prices will drop for sure as I am seeing people started investing in other thing and govt policy is against property market . Few buyer vs seller , what it have to do with govt investment in lhr when trade wont happen often like past .

User_9325® replied on Sunday, August 14, 2016 07:04 PM 

this is a new fatwa. however , I strongly believe that real estate investment is a totally halal business and the hadith yu quoted is specifically meant for eatables. I am yet to find a credible scholar giving any fatwa against real estate investment. Infact moulana tariq jameel sb himself invests a lot in lands. thereby I strongly dis agree but since yu have doubts , so yu should stop investment in real estate, simple. but i am sorry im not convinced with this nerrative of yurs

Kureshi® replied on Sunday, August 14, 2016 07:04 PM 

Then why keep coming back to a forum which is which is meant for discussing and strategizing this "sin" as a registered sinner :)

Ahmed bhai , this does not change my respect for you as an expert and a brother.

AHMAD HASSAN® replied on Monday, August 15, 2016 02:53 AM 

1. I don't ve authority to judge or apply any FATWA. I also didn't say that buying or selling land or doing real estate business is sin. Please don't interpret things other way.  One can buy land, develop society and sell with جائز منافع.

User_9325® replied on Monday, August 15, 2016 04:43 AM 

then please sell all yur holdings to me in half price. as property prices escalated a lot in last one year and yu believe it to be najaiz profit so plz sell yur holdings at january 2015 prices. im the buyer. we can deal thru lre. regards

talal replied on Monday, August 15, 2016 05:01 AM 

Ahmad Hassan is right hoarding of every thing is bad, as it gives rise to unjustified prices, every one knows how big fish play in real estate market ,so guys get off his back plz

MFA® replied on Monday, August 15, 2016 05:18 AM 

We as a Paksitani nation need to learn a lot on sharing ideas, discussion and difference of opinion.

Real Estate is best replied on Monday, August 15, 2016 05:36 AM 

All who are advocating that hoarding is bad and engaging people in the debate of halal n haram, they are just not aware of basic economics principles, we are dealing in paper curreny which has no intrinsic value, in olden times there were dinnars/coins which had intrinsic value and there was no concept of devaluation of money. but now there is a big threat of devaluation of paper currency which has extrinsic value so to protect our money agaist devaluation buying property is best solution so that the increae in price of property hedge against devaluation

User_9325® replied on Monday, August 15, 2016 06:03 AM 

and those who are advocating against hoarding of plots, I am hundred percent sure are themselves property investors/ hoarders thats why they land on this page frequently otherwise a person who is against property investment , will never ever visit this page

tallat replied on Monday, August 15, 2016 12:25 PM 

Real estate is best people are investing these days in foreign currencies. Its paper too?

User_9629® replied on Monday, August 15, 2016 12:42 PM 

Escalated and inflated property prices are 20 % real money (remittances)
Rest its inflation which govt want to get rid off
Playing with property and files with ways used by hoarders is condemnable.
It has made life difficult for common man.
A top govt employee of 21 grade can't even afford 5 marla house, and u people say its not hoarding
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