End User KSA replied on Wednesday, October 7, 2020 05:13 AM
Dear Habib You are absolutely right..... The prices is going down slowly because most of the dealers stuck in Banas and trying to find the genuine buyers.....except the bians certain number of plots in Prism as well as in Phase 7 are marked as stay order due to refusal of transfer by the settler due to sudden jump in prices.
In my opinion the Prism average good plot should not be more than 120-130 and category plot around 150-165 not more than this. At this level of prism takes at least 5 years to reach at current population of phase 7. I agreed the location of phase 7 is not good as Prim but there is a construction.
For example, You can see phase 8 prices are stuck since 3-5 years almost with same rates. Due to high prices of plots there is no construction there.
It is good for the investors as well as end user if the prices will stable and increased on logical bases otherwise the Prism will stuck like Phase 8 and you will not see any construction there.
The area of Prims is very huge, we suppose if DHA will hand over the possession for A,P,Q R blocks in December-2020 as creates hype of some dealers personally I am not optimistic. Considering the current work speed and laying the electrification cable the DHA will reach not ready for possession before December 2021.
This is just dealers GAME and Hype.
Due to the current PTI Govt economic performance the prices will increase of property not more than 5-10% up to 2021.
See the prices of phase 10 file suddenly reach from 40 to 60lac now back to 52 in 2 weeks, in coming days it will stable under 45-50. Who fool will invest in DHA phase 10 because the history shows DHA at least took 15-20 years to develop the phase.
I have a plot in prism on 150” Road, I bought it 124 lac in Jan-2020- All paid , in June the dealer approach me and offering 107 and suddenly the price increased he offer me 125 then after week he again offer me 155 and on peek offer me 185 and now he offer me 160-165. See the dealers GAME |
