anticipation@ replied on Friday, September 2, 2016 07:14 AM
Now the real question is what is the bottom point for the settlement of prices. Will they reverse to the level where they were in Sep-2015? As per my view, the prices will correct the half way down. For example, if DHA Multan file was being sold at 28 in Sep-2015 and is at 40 now, it will eventually settle somewhere at (28+40)/2=34 lac. Similar trend will be seen for DHA Bahawalpur and Gujranwala. The prices will remain stable at these points for quite a long time as people will have another 'option' in the form of DHA 10 in near future at a price of 45-50 per kanal!!!! |