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Time of entry into market,

(113608)
Wednesday, May 9, 2018 12:07 PM 

Due to slow market and uncertain situation almost all experts agree that Current down turn is not going to end this year, Plots location to location and fake true demands have highly variable demands but file prices are true reflective of Market and Current Market is about 24% down than its peak in 2016, If You take into account 9% Pak rupee devaluation the Figure reaches about 31%, In spite of that favorite Locations are still at high demand or at least Holders are not losing Hopes.
An important question is being asked that if it is right time to enter the market? This si about tricky question and lot will depend on future legislation. The Market was almost ready to take off again but this poor Political and economic situation have deferred those gains. Today after listening IK’s address about Saraiki Province it looks quite obvious that the politics will be bitterer in coming days and Army may have to intervene like in 1977.
Whatever Real-estate will remain the need of future, in coming days the with inflation the property will be more affordable, So I will advised Potential Buyers to Hold their positions and soon you may get best time to buy the properties. This opportunity comes once every 10 years, For the short term investors my advice is they stay away, as prism is big driver of real-estate in Lahore and due to its enormous size and big supply of weak locations and new legislations chances of quick bucks are not there. But reassuring fact is that business usual is going on in DHA Office.

Khan88 replied on Wednesday, May 9, 2018 05:01 PM 

Quite a valid analysis - expect the opportunity to arrive in a years time. Prices of 1 Kanal and 2 Kanal will decline everywhere where the investors are parking illegal money.

Muhammad Asif® replied on Wednesday, May 9, 2018 05:37 PM 

Good analysis... End of 2018 could be a deciding time, It will tell us what is coming ahead, as till now an artificial support is there.

Khan88 replied on Thursday, May 10, 2018 09:34 AM 

Agreed Asif, a lot depends on the next government.

They cant reverse taxes (as IMF is putting pressure on the government as any government has no cards to play).

At best prices will decrease 5-15%, At worst case scenaior upto 25-30%.

Ibrahim DXB replied on Friday, May 11, 2018 09:14 AM 

Really there is no harm to become a filler. There are advantages and if overseas then no worries at all as source of funds are by remittance and when buying property there are less taxes to be paid than non filler.
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