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Lahore Real Estate Forum: Property News & Community Talk : ,

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   Mian kashif
Saturday, May 12, 2018 03:49 PM 
Reply: >
I want to sell my Dha Bwp 1 kanal allocation file.Is it a good time to sell?I have heard prices will come further down after a month or two.Will appreciate if someone gives me a sincere piece of advice?thank u
Khan88 replied on Saturday, May 12, 2018 03:54 PM 

As a general rule, few months before election prices slide everywhere. This is true for all democratic countries including UK, USA, India and Pakistan, etc.
Tahir replied on Saturday, May 12, 2018 04:04 PM 

In 2002 and 2013 market of property was like sky rocket

Although these were election years
However after reaching at top level prices came down

In June 2016 prices were not realistic so it will remain stagnant or may further come down as per economics rule of demand and supply
ivester replied on Sunday, May 13, 2018 01:30 AM 

from 2014 to 2106 prices doubled every where. Average increase in property is around 12% per year so it will take another 5 years to bring 100% increase in 2 years to 12% over 7 years.
Naveed786 replied on Sunday, May 13, 2018 04:55 AM 

It's best buying time for DHA Bahawalpur. Not Recommended to sell now.
Estimater© replied on Sunday, May 13, 2018 08:05 AM 

I am from Bahawalpur, holding couple of of DHA Bahawalpur files & retaining it for some good returns, as LRE is advising always. May be after election we can hope some better business conditions. Anyway if you are going to sell find some local, he will give you better price as per my experience.
Khan88 replied on Sunday, May 13, 2018 11:14 AM 

@Tahir: Hate correcting people but not few months before election, after election is a different story altogether, seems like you missed the whole point
Khan88 replied on Sunday, May 13, 2018 01:34 PM 

No government is going to take corrective actions, Pakistan has to increase its tax base for people who dont pay taxes or default in international markets.

Taxes will only go up. In few years time non-filers wont be able to buy any plots at all, once taxes are in they always stay in.

E.g. in Great Britain Income tax was a temporary measure introduced in 1842.
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