Jameel MughalŪ replied on Friday, May 26, 2017 05:19 PM
I was expecting same that govt will not touch it again, but mind you this slowness is not only due to Tax issue but cyclic nature and to consolidate gains in 2011 to 2015 period which was about 400% gain in most reputed areas. I have been watching gradual addition of Taxes from 2007 to 2015 it never created slump. In 2007 I transferred a plot in 27000 Tr charges, Now same plot can be transferred in 700000 charges.
Wait few years and a new rally will start. In between depending upon your pocket fish the property at bargain prices, Though people are asking old prices but sale is at about 10% lesser than peak prices. To me property is Lahore is at right price not underpriced nor inflated.
DHA Multan Allocation file and DHA phase 10 file prices are indicators of overall mood and that is slow. |
