Lahore Real Estate Forum

Start NEW Topic Or Post Advertisment

                                                          
 
Back to Forum |

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

(114000)
   12345
Monday, July 2, 2018 10:51 AM 
Reply: >
Billions of rupees whitened (legalised) through amnesty scheme will have any positive impact on the revival of real estate market or not?
thinker replied on Monday, July 2, 2018 10:54 AM 

This is money that was already invested, it has just been declared..So its not like new money has come into the market from overseas..so in short it wont affect the market as its already in the property sector, just declared to avoid audits later on
Khan88 replied on Monday, July 2, 2018 12:43 PM 

Not in the current scenario - as thinker mentioned these are existing assets only.

As far as I see - a lot depends on who will be in power after elections/new policies but in all likelihood real estate will be either stale mate for two years or a slump before it begins to recover.
LRE Support Staff replied on Monday, July 2, 2018 01:03 PM 

Dear Sir,
Yes. A handsome portion of this amount will hopefully be invested in real estate in coming time.
Regards,
Lahore Real Estate
contagion replied on Tuesday, July 3, 2018 11:06 AM 

considering LRE's love for prism, it will suggest that all of this will be pouring in prism
dxb replied on Wednesday, July 4, 2018 04:48 AM 

what is this concept of "revival of real estate" ?

More people would purchase now since prices are low... that would be revival of real estate offcourse
Habib replied on Wednesday, July 4, 2018 09:41 AM 

In last 20 years revival meant Doubling or Tripling of Prices over Months time and then stabilization on that price for few years then again another jump, An average Property which was 12 Lac in 2000 is about 60 lac Today [Comparing underdeveloped in 2000 eg Johar Town vs Underdeveloped in LDA avenue 1,2018] This much increase is justified only by Inflation, However if we come same property the 12 Lac 10 merla plot in Johar Town have reached 150 Lac in 18 years [That is actual gain]
>