Habib replied on Thursday, May 17, 2018 04:46 AM
Good to hear old fiends, Actually I Could Not Visit Prism except Ring Road and J Block Interchange this year, Most of my Info is Google based, our family [not myself] had an opportunity to buy 4 Plots in Prism in last few months hence can share with you inside facts.
Most of plots for sale are on bad locations, and if you see other resources for sale... You can see that 90% Plots on reasonable price are on bad locations, And I will reiterate my 2 years Back impression that most of Blocks are Housing Villages inside hence good locations will be rare. Second observation was most of plots for sale had pending installments with fine which was adjusted in Total Price, and almost all plots Bought on average locations were cheaper than indicative file prices these days. The third observation was prices was about 15% Lower than 2 years back. So you can imagine mostly only due installments were lost in gains if a plot was 72 Lac when one installment was paid and it gained Max 90 Lac Price in mid 2016, again that plot is available in 72+ Due installments. But this was Not True for Prime Locations.
Another observation was sale process was slow unless price is realistic, as many plots left by us are still for sale. At one point we stopped buying process saying "it is enough" for fear of being Stuck in investment.
However Looking at price increment in DHA Town I Think it will diffuse to other sectors of DHA soon. |
