MBS® replied on Thursday, March 23, 2017 09:54 AM
It's apparent, current prices of prism are fairly inflated. In my view, the factors of LRR and infra development are already factored in these prices.
In next few months, with budget release and FBR closing in for taxes, i see more correction than increase in prices of property. However, towards the end of the yr, prior to elections, market will conventionally boost with speculations.
For a comparative analysis of two investment choices; I'd say price increase of a dha multan file from 50 lac to 100 lac is more likely, where the benchmark is 15 million in the neighborhood and that too of inferior developments, than for prism's 150 lac file to 300, where 300 is practically the current threshold price of top properties in lahore.
So dha mux has the potential to double up, prism might not be able to make that stretch from current standing.
Also, in 3-5 years time, dynamics of real estate will significantly change with more and more options for investors in multiple cities as DHA and Bahria are aggressively tapping out the smaller cities. And specifically in lahore the south western areas will become more stronger parts of the equation with upcoming ease of access. |
