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

(113697)
Saturday, May 19, 2018 07:46 AM 

The Assembly has passed the finance bill so after 30th June non filers cannot buy any property worth more than 50 laks. Please comment on its effects on the property market

Rao Asif replied on Saturday, May 19, 2018 12:48 PM 

Govt along with fbr is trying to discourage investment in property and bring back the money to industries. Jo jitna Jaldi samjh gaya us k liay utna acha.

Thinker replied on Saturday, May 19, 2018 01:05 PM 

Very true, Plus property has the highest potential to bring taxes to the Government. They cannot let people makes crores in profit and pay 1% as duty or taxes.

DR, Khalid replied on Saturday, May 19, 2018 04:01 PM 

DR, Khalid
Property market will collapse soon,

Khan88 replied on Sunday, May 20, 2018 08:45 PM 

Get out now or wait another 5 years or more for prices to recover to today's values.

Londonboyz replied on Monday, May 21, 2018 07:21 AM 

Dear Friends,

Nothing to panic about. Things were more worse in 2016 when Ishaq Darr imposed new taxes, but nothing happened. Market started moving ahead after 8 weeks when people understood new tax system. Plot which was 50 lakhs in 2016 is worth 75 lakhs today. Its just a teething phase which will pass after elections. My suggestion is buy what you want to buy before 30th june and enjoy the profit after elections. Property market in world is the safest of all investments and will remain forever. In Pakistan there is no investment like property investment because your money stay in your pocket not in market or some one else pocket and you are begging others for your own money.

thinker replied on Monday, May 21, 2018 10:01 AM 

keep dreaming and misguiding people.

Khan88 replied on Monday, May 21, 2018 11:35 AM 

Sorry not letting me post link

Just google LSLacadata April 18 release

world replied on Monday, May 21, 2018 04:18 PM 

@LondonBoys

all my investor friends and uncles are pulling out of pak market...
you will see difference with in 3-6 months......

yesterday dubai allow 10 yr visa for any 1 who invests money in dubai .... money will go out of pak due to this single reason
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