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Next move part 2,

(105668)
Tuesday, September 6, 2016 04:23 PM 

Next move part 2

Now notion is very clear we were ready to buy any property in Boom which will give us good maney in few months No matter waht was ground realities [ I personally never did that because I a mostly abroad and Can't take good Chance to sell in flying market only local investors with partnership with dealers can do this business]
In slum people will and should be buying properties which have following characteristics, already materialized, Possession given or at least ready , preferably some Houses are being constructed there, and Last but not least that these properties escaped investors eyes in last one year only due to fact that their prices were not increasing on Daily Basis, These properties will resit any price fall in slmp not only that, As the buyers are looking for such properties prices may increase even during slump.
CMY have Found 4 such propensities and he will share with us one by one, I am myself doing price research to find properties which are developed, are dispute and Qabza free possession available and Kanal plots are in range of 60 to 70 in B class and 80 to 90 in A Class
For DHA Lovers Low budget plots in DHA Phase 7 are still good Buy Don't go on the boundaries of villages and try to find any this under 125 , For 5 Merla I 100% agree that CMY recommendation about DHA Town.

alpha replied on Tuesday, September 6, 2016 07:40 PM 

While your reccomendations are accurate, they are not precise in-regards to three year return

Khawaja Qasim® replied on Wednesday, September 7, 2016 04:23 AM 

Excellent analysis, thank you very much for sharing your knowledge. It really helps and please continue doing so!
I have one question regarding Prism. If decent plot few months back available at 120 if at present trading around 110-115. What do think a good price to buy the same plot? In other words, what is the current worth of 1 kanal good location in Prism?

Nabeel® replied on Wednesday, September 7, 2016 04:51 AM 

Thanks Jameel Sb.

Just wanted your opinion on maturity for Phase 7 and Phase 9.

Can we say that Phase 7 will be livable in next 2-3 years with running shops?

Comparatively can we say that Prism will become livable comparatively by around 8 years with running shops?

In your opinion what would be price of average 1 Kanal plot when society has become livable as in above scenario? Will it be around 2 Crore roughly?

Arif M® replied on Wednesday, September 7, 2016 04:57 AM 

When prism becomes live able there will be marginal difference in price of Phase 6 and Phase 9. Key question here is when it will be live able. Considering past record of DHA, I think it can at least take 10 years. But live able or not - prices will definitely increase with time.

Habib replied on Wednesday, September 7, 2016 05:53 AM 

I personally Like Mature Properties No Matter Boom or Slump. People keep on saying this Calf will give more milk than its mother, But Come one Calf is Calf and Grown Cow is Cow, How they should be equal in price or almost equal. This very Simple Logic, I still believe that in DHA sector there are many inflated areas, DHA Phase 8 should be lesser than Phase 6, One left and right side of Main Boulevards does not make Good and Bad Location, They have Much deep Land , Thekedar will never make Homes there to Kick start construction. Same is True for Prism where Calf is almost price of Cow, You will see people who bought at Boom will keep waiting. Exactly 2 years from now price may be same as of today, ie same price of 3 Paid Plot and 9 Paid Plot.
DHA is saying they will open most of DHA 8 for possession in Feb 2017, I say they cant open even 2 Blocks at that time let see who is correct.
I am sorry I have strong opinion but this is what I Think.

Observer replied on Wednesday, September 7, 2016 06:57 AM 

Habib sahib Burnol lagaiye

HassanHC® replied on Wednesday, September 7, 2016 08:39 AM 

Habib sab cow is phase . If you feel calf phase 9 or 7 prices are same as cow then not sure of your analysis.

But your analysis says cow is more exp and yes phase 86543 are way more expensive so it means calf prism or even 7 is reasonable as cow phase 6 8 5 avg 2-2.5 crore and even 3 crore. Whereas calf prism is avg 100.

You are not registered not sure if it is some other Habib

Arif M® replied on Wednesday, September 7, 2016 08:43 AM 

A good debate and discussion allows opposing opinions. These enable us to make balanced analysis. We can agree or disagree with the opinion but there should be no personal attacks. @ observer.

Nabeel® replied on Wednesday, September 7, 2016 10:18 AM 

Yes very useful to hear viewpoints of brothers. Payback period is very important when calculating Return on Investment. Any feedback on below:

If we assume Prism current relatively good (but not great) location plot of 120 Lakh will turn into a 250 lakh plot when Prism is up and buzzing in 8 or 10 years.Then Gain of 130 lakh over 8 or 10 years give total of 108% Gain: (130 lakh/120 lakh *100%)

-Annual Gain = 10.8% (Assume 10 years) or 13.5% (Assumes 8 years)
-Assuming Annual Inflation of 7% ,Real Annual Gain = 10.8-7 =3.8% or 13.5-7% = 6.5%

Therefore Real Annual Gain is 3.8% to 6.5% , for comparison MCB is currently giving 7% on Fixed Deposit of 1 year.

Habib replied on Wednesday, September 7, 2016 10:22 AM 

I was Comparing Phase 7 with Prism in Kanal Sector, and 5 merla In DHA Town and 5 Merla in Prism .
Cow Phase 7 and DHA Town
Calf prism
But I agree if Someone have invested on Mars, he will be offended when we say Come on your will never be able to reach there.

SIM replied on Wednesday, September 7, 2016 11:36 AM 

I agree with Habib sahib. Phase 8 is overpriced. Prices in W block have crossed 300 lacs without posession while just across the main boulevard in Phase 6 best plots are available for 250 lacs. Remember both phases are 10 years apart in time frame.

@anticipation replied on Wednesday, September 7, 2016 12:23 PM 

Dear Nabeel, U r missing one thing only in ur calculations.
Prism plot prices will be equal to phase 6/8 is after 10 years.
But do you think phase 6/8 plot will remain available at 250 after 10 years?
Brother, my guess is phase 6/8 plot will become of worth 6-7 crore at least after a decade years and same will be the price of prism then!

HassanHC® replied on Wednesday, September 7, 2016 12:30 PM 

PPL saying phase 8 is overpriced are saying this daily for last 2 years. last 2 years they have been saying and for last 2 years prices have been stable or better and consistently proven wrong who are saying it today also.
One thing is what we want to see and one is what actually happens. Ppl who don't have phase 8 want to see its prices down for many years and still insisting on it. Similarly many ppl want to see phase 7 out perform all the phases and still insisting so far it has not out performed phase 8 his younger brother for superior location advantage.

My conclusion that phase 7 is decent project and will see stable gains with passage of time. Phase 8 is still Boss of phase 7 for last 5 years and for future minimum 3 years. Keep on hating it from last 2 years to future 2 years.

Now come to Prism keep on hating its location and never compare it to phase 6 or 8 prices as it will not suit prism bashers.

In conclusion in DHA Lahore ppl have 2 good investor grade options Phase 7 upper blocks not BRB blocks and Prism good blocks. Now make up your mind one is ready and other has great location and will be ready down the road 3 yrs or 30 yrs. Both will give you decent returns.

Jameel Mughal® replied on Wednesday, September 7, 2016 06:44 PM 

Hassan I like your opinion which is usually balanced and not offending any, but sometimes it does not show Clear Direction.
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