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Visit to Rawalpindi- Islamabad,

(18346)
Monday, February 6, 2006 03:04 PM 

Dear friends in next few hours I will leave for Islamabad. Sorry for no full update of rates.

Market was very weak again today. Third largest dealer in DHA for DHA properties told me today that they have not sold a single plot in Jan and Feb. That is scary for any dealer who pay salary phones and other expenses for 8 employees. And Pay 3.5 lacs rent for plaza. I don


DHA phase 7 was 36 to 36.40
BT phase 9 pindi 3 paid was 1.37 to 1.39
State life was 5.77 to 5.80
Silicon was 1.47 lacs

MZR replied on Monday, February 6, 2006 05:22 PM 

Dear CMY,
Do you have any idea about Formanities? What is the fair value of 1 kanal plot at present?

Thanks,

Shad replied on Tuesday, February 7, 2006 02:05 AM 

Mr CMY,
Please appreciate that it is the holy month of Muharram and historically there is very less trade of anything in this month. Let the Ashura pass and the things will take a significant turn. Property dealers need not to be worried.

Bajwa replied on Tuesday, February 7, 2006 03:22 AM 

Dear MZR
In Formanites Ph-1 1-Kanal value is from Rs. 600,000 - 19,00,000/= location wise.
Tajammal H. Bajwa

Bajwa replied on Tuesday, February 7, 2006 03:58 AM 

Dear CMY Sahib
MZR's reply required from your side, sorry.
Thanks.
Bajwa

guest replied on Tuesday, February 7, 2006 04:35 AM 

oh come on Shad,pls give it up...
It is Moharram at this time ,then u will say let 23rd March pass ,then it will be Rabi ul awal and after wards "let the summer vacations come and overseas pakistanis will flock to Pakistan to buy properties"..Grow up pls.....CMY is absolutely right...

Shad replied on Tuesday, February 7, 2006 08:56 AM 

Mr Guest
Ha ha ha ha, How correct you are?
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