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Recession,

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   Mir
Sunday, October 26, 2008 07:23 AM 
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Dear CMY and all respected brothers,

I don't have too much information on DHA and this is why I am posting this question. My aim is not to cause panic but to gain an accurate picture.

The world is going through a world wide recession and in many markets real estate markets are the first to take a hit. I want to know how DHA is weathering this recession. Also there are phases that have just been completed such as 6 are there prices depressed or are they good compared to the market. Secondly phase 7 is being developed at good speed are the prices for this phases plots going up or down?

Thank you in advance there are many knowledgable brothers on this page please could they give there opinions.
Habib replied on Sunday, October 26, 2008 11:05 AM 

Mir, world is seeing recession today but Pakistan realesate was a leader in that, it had hard landing in 2005, Now it is midway after which recovery may start. So you will see recovery will start from Pakistan and will goto all the world. This is not a joke, neither Pakistan's has a great impact on world's market it is just the timing. We were already in recession for last 3 ys and as per my estimation we are midway in that Dark era,
In next signs of recovery the market will stay realistic and may not shoot like which was mainly speculative.
Coming to Phase 6,7 Prices these prices are not low because of development or possession concern rgather they are low because of depressed market. I Would say phase 6 is on its realistic price and phase 7 is mildly undervalued than its worth.
limo replied on Sunday, October 26, 2008 01:11 PM 

Looks like a fairy tale to me.
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