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Wake Up Guys!!!!,

(114142)
   Omar
Wednesday, July 25, 2018 06:53 PM 
Reply: >
Tabdeeli A Gayee Hay!

Guys, get ready!!! I guess a boom in property sector would start soon (not because of PTI win). Most of potential buyers are holding their investments because of election. All would see now significant transactions in property business. I am not saying that "Party Shuroo Hoo gayee hay"; honeymoon period is still far though!

All I am claiming here a significant increase in "Transactions" with little to moderate increase in prices of properties.

All experts are welcome with their valuable feedback?

Thanks
REALISTIC replied on Wednesday, July 25, 2018 07:07 PM 

Lagta hai bhai PTI supporter hain aur ziyada jazbaati ho gaye hain. Bhai jaan what makes you think a 2.5 crore 10 marla plot in DHA Lahore is going to appreciate further? What makes you think 5 million 5 marla off ground plots will rise?

Come on, be realistic and face it. Real estate market party is over. Down is the only way to go.
OMAR replied on Wednesday, July 25, 2018 09:21 PM 

@ REALISTIC,

Brother you are very specific about those plots / properties which has no juice left and already touching to their peak. I agree with you that there would certainly be no increase on mentioned properties by you but those are very few. There are many dozen societies which have lot more potential to grow including AWT, Bahria, and many at Raiwind road side.
I am not in to PTI or any political party worker but very optimistic about Pakistan's future. I am sure those buyers who are wating for the election results now would come in to market for investment.

Final Note, as mentioned at my previous post "Honeymoon period is over or at least not in near future"; I am still positive about significant transactions should start now soon. Lets see what other experts and their opinion.
Khan88 replied on Wednesday, July 25, 2018 09:42 PM 

On the contrary, heavy taxation ahead with a fiscal crisis created by PMLN). Only way is down for property for 1-2 years before it stabilises.
investor replied on Thursday, July 26, 2018 06:47 AM 

Dont see any recovery for the following reasons

1. Rupee to fall further, which means that overseas investors would not want to convert their dollars into Pak rupees to invest in property.
2. Prices doubled in 2 years, so very little room to grow further for a couple of years
3. Non filer cannot buy any property above 5 million. This is part of law and can only be changed by parliament with two thirds majority. PTI will not try to change it either.
4. Pressure from FATF to document the money trail in order to avoid black listing, which means only filer can invest in the sector.
Nabeel® replied on Wednesday, September 19, 2018 07:37 AM 

Yesterdays removal of restriction for non-filers to purchase property above 50 lakh is a significant factor.

A lot of non-filers buyers of large ticket items who had disappeared or moved to 5 marla plots, will reenter market, and market for larger sized plots will be reinvigorated.
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