Few days back I had posted about significant increase in property transactions; I have faced criticism like rupee value, dollar, politics. I was even labeled at PTI member which I denied.
Message for them, Bhaioo!!! Abhi "Sherwani: Nahi Pehni and rupee value is increased significantly. Sherwant ki baad kio hoo ga! I guess, shares market, rupee / $$ value and gold etc already showing significant healthy signs; no one should have any doubt in property sectors. Get ready!!!
Again, I have nothing to do with politics or any political party. Thanks
:pkf
Khan88 replied on Wednesday, August 1, 2018 10:20 AM
The fundamentals of the market are against the short rally you are referring to.
Rupee should be back to 130 to dollars in few months (perhaps 6 months) when IMF specifically will ask Rupee to be devalued (loan from China needs to be repaid, IDB $4.5 Bn facility is just revolving loan), total repayment of loans exceed $8 Billion dollar this year. Just to give you a perspective, Pakistan forex are $9 Billion ($6 Billion of which are actually with commercial Banks), Afghanistan $ 7 Billion, Bangladesh $33 Billion, India $405 Billion, Iran over $100 Billion.
Share market is volatile - its back to where it was 3 months ago - when property sector was dead.
Key tax changes cannot be reversed - due to Anti money laundering list.
A lot of money has been legalized via the amnesty scheme but these are existing asset - no new injection of money.
Property is already over-priced in most regions so stagnation at best. |
Mirza replied on Thursday, August 2, 2018 07:09 PM
Strongly agree with @Khan88
Sir, this is a short term mini-bubble. Wise will try to sell their property in this short swing. |
Realty reality replied on Friday, August 3, 2018 01:43 PM
Prices are soaring high.No matter what people say, investors have moved on who swings the prices wildly because of certain impositions from government.
In terms of real buyers, some may be buying but the situation is not like it benefits the corporations who runs societies. All big corporation stay alive with number of transactions rather than high prices.
Soon these cracks will appear and you will see drastic measures to survive this tough time in property market.
My cent on this would be” 25%-30% dip of property in coming days. |
