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

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   Sohail Khan
Wednesday, October 19, 2016 04:16 PM 
Reply: >
Dear LRE Team,
I have a plot near in prism near K-535. Kindly evaluate its worth now and whether I should keep it or sale it.
Thanks and awaiting your response.
Lahore Real Estate replied on Thursday, October 20, 2016 04:47 AM 

Dear Mr Sohail,

Your plot near K 535 is valued around 90 lacs ( With previously due installments paid).

Sell it, because prices comes down due to taxes choice is yours.



Mian Waqas
+
Lahore Real Estate
Email:INFO@LREPK.COM
NabeelŽ replied on Thursday, October 20, 2016 06:00 AM 

Good advice by LRE for short-to-medium term holders.

I think everyone agrees that Prices have either decreased are on hold since last 4 months.

In best case scenario,they will continue to be on hold going forward for 3 months or 6 months or more. However, the development charges need to be continued to pay so this equates to an overall net decrease in value month-on-month.

In more worse case scenario, prices will continue to inch downwards, and added with the cost of development charges will be a big burden for those unable to hold long term, and result in bigger value decrease.
Ramzan Ch replied on Thursday, October 20, 2016 08:01 AM 

Mian waqas is recommending to sell the plot and CMY is recommending to invest in prism 9
Ramzan Ch replied on Thursday, October 20, 2016 08:01 AM 

Mian waqas is recommending to sell the plot and CMY is recommending to invest in prism 9
Ali replied on Thursday, October 20, 2016 08:06 AM 

Mian Waqas sb I cannot understand your logic its mean all people sell their holding due to taxes
Ali replied on Thursday, October 20, 2016 08:10 AM 

What a non sense Mian Waqas Sb
Sajjad replied on Thursday, October 20, 2016 08:12 AM 

It mean due to taxes all people sell their holdings in property sector
SurferŽ replied on Thursday, October 20, 2016 01:08 PM 

@ Ch Ramzan sb.
As I have seen your request of evaluation regarding your plot in PRISM K block.
Seen your plot on map of PRISM.
Few things to discuss:
1. K block is like J or H block near to LRR.
2. Your plot is located on 60ft road attached to 120ft road on a walking distance.
3.you have a walking distance to Main sector park & Masjid of K block.
"What ever buyer needs in Dha plot atleast a nearby park"
With due respect I totally disagree with statement given above without quoting & mentioning anyones name.
Seen few people here reflects the wrong senerio of PRISM market for the last few weeks. Good locations are still now a days been quoted by the dealers on 125 plus & buyed by the long term Investors & final dream House makers like me around @118 to 120 not talking about Excellent ones.
keeping in mind the current market condtion & Current senerio of taxes & Remaining development Charges.
What we pay before as total expence on transfer is 3 lack including commission & now
4lack 50 thosand as filer & 5 lack 50 thosand as non filer including commission
WHATS THE BIG DEAL? BEFORE & NOW If you are buying property of 1 Crore plus.
But most of the people not aware whats really going on these days?
Yes I agree transfers are less but not stopped. Today more than 30 tranasactions are been observed in DHA office out of those 90% are of PRISM.
Who are those people? Guess yourself.
Dha Town is not available in less than 50 to 60 lack. Even these days plots near graveyards are demanding around 45 plus.
Where is that plot? That is been avaialble @ 35. In 9 town. I am buyer @ 45 lack in C block Average to good plot.
With Due apology in your post I discussed the above factors.
I strongly recommend you to hold your plot for comming 3 to 4 years.
"In shaa ALLAH" hopefully you get the best.
MY replied on Friday, October 21, 2016 05:10 AM 

I am not able to understand this character named "Surfer" if some body share his opinion about prism and god for bid if it is negative this character becomes furious. Hold on please. If you are not ready to listen to others opinion and you are 1000% sure of prism, keep your entire investment in prism and sleep tight, why you are bothered for discussions on this forum. Let the open discussion happen on the forum and we donot enjoy your comments (always positive, while market going other-way) on each thread about prism. Misguiding people is also sin. الله حافظ
SIM replied on Friday, October 21, 2016 03:57 PM 

Mian Waqas doesn't reply any queries. Avoid him for any deals with LRE
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