Thinker replied on Saturday, February 10, 2018 05:54 AM Its very simple. Property prices doubled between everywhere in Pakistan. However peoples income does not double in 2 years either here or abroad, hence no buyers. It usually takes 7 years for income to double (10% increase per year), hence property will remain stagnant for a number of years before the cycle starts again. This cycle has been going on for the last 70 years. nothing new. |
Manan replied on Saturday, February 10, 2018 06:15 AM Dear thinker Your points seems logical.. However there are other reasons such as imposing high taxes etc on realestate. |
Rana_Australia® replied on Saturday, February 10, 2018 07:31 AM I believe - Political Chaos - Many avenues to invest ( DHA Multan , Bahawalpur, Peshawar, Guj, Rahbar) in addition to prism & Phase 8 has bifurcated investment - Property prices increased to a new level till mid 2016 ..now some time required to gear up again The best places to invest are DHA Peshawar ( not much hype in Punjab but it's vicinity is 3 crore for Kanal) and DHA Multan . Short Term investment is DHA Bahawalpur to gain 6 lakhs in next 6 months. Gwadar is extremely risky and volatile as Singhar & New Town are being taken by Chinese Port Authority . Bahria I cannot comment much ( never been a fan of it) |
Hm replied on Saturday, February 10, 2018 02:38 PM Dear Mr Rana_Australia. Please can you comment more on #6 whether this is a rumour or already disclosed by govt? Thanks |
Rana_Australia® replied on Saturday, February 10, 2018 03:07 PM Point #6 was a hot topic when I visited Gwadar recently . I stayed at Naval Guest House . Naval senior officers told me not to invest till 6 months . Gwadar is not as simple as it looks . Big Fish like Saudi Aramco , AP Moller and Maersk have purchased big land .shanghai hotels chain is coming.Small investors might be eradicated. I advise to invest after careful research |