Khurram11® replied on Friday, November 11, 2016 11:22 AM
It depends on the price at which you are buying there. If that price is significantly lower than the price before July 2016, then it's a good deal. However if it is almost same then you are running a risk that prices will go down.
Remember, there are no buyers at all, but lot of sellers as everyone would want to have the cash to invest at attractive avenues available at discounted prices. So you can use this situation to get a very good rate by negotiating well.
Also, since ivy green is undeveloped, in a market downturn like this, its prices should have come down more as compared to developed commercials like that of DHA phase 1-6. Also rates of commercial properties are more volatile than residential -they go up a lot in boom and should go down a lot in downturn as well when compared to residential. Keep these 2 points in mind when negotiating on the price. |
