Kh Qasim replied on Thursday, April 4, 2019 01:48 PM
Mr. CMY is long term player unlike many seasonal players here. He himself said those talking about property bubble were chewing bubble gum when he entered real estate market. The future for property is bright. DHA Prism and other phases are prime investments and good location plot will be above 300 lac + in 4-5 years time. Actually there are fewer safe investments like DHA. In dollar terms, it will above break-even I am not sure depending upon lot of factors. Though, many of my predictions went wrong. I predicted good location prism plots like A 463,A 222,C 445,C 301,D 598,D 251 valued at 87+13(development charges) on Mar 16 to be 133 on Mar 19. Post No. 1163 (dated 13 Mar 2016) My estimation for Prism good location (clean) plot worth 81 lac now adding 19 lac development charges total cost 100 lacs will be priced as follows: Mar 2017: 113 Mar 2018: 122 Mar 2019: 133 Mar 2020: 147 Mar 2021: 164 Mar 2022: 185 Mar 2023: 210 Mar 2024: 245 Mar 2025: 300 Still believe, year , decent plot in DHA prism will be 300+. |