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Plot buying in Prism,

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   Prism Buyer
Monday, May 7, 2018 02:01 PM 
Reply: >
I have a few questions if learned readers may answer.

1) Is prism the best available location to invest?
2) If Prism is good to buy, is now the best time to buy?

Thank you for providing such a great resource.
Habib replied on Monday, May 7, 2018 02:12 PM 

A this time Prism is best place to invest but keep in mind that it is huge area, to me prices have not touched the bottom, and supply may continue for long time so significant gains are not possible in short time. 5 to 7 years time scale is good estimate.
The way we have seen recovery in DHA Town same recovery will be seen in phase 7 sooner than Prism especially Kanal Plots.
So if want return in 2,3 years time scale DHA 7 is better Especially Upper Cutting.
If you can wait 5,7 years Prism is best. Here too preference should be Upper Cutting Like A,B,C D E F Blocks.
Final advice is Prism is so massive that investors and players cant manipulate it much. If it takes some direction you will have ample time to react invest at early signs of recovery.
Prism Buyer replied on Monday, May 7, 2018 11:22 PM 

Thanks Habib sb. My budget is 9 million pkr. Holding time 5 years. I think Prism will suit me more than Phase 7?
Summary replied on Tuesday, May 8, 2018 06:03 PM 

Mostly people dont like being unduly harassed and pay bribe to taxmen; hence its no surprise they are not becoming filer in Pakistan.
The way tax money is spent on useless people makes it a easy decision to make.
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