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Cause of Market weakness,

(49464)
Friday, November 28, 2008 05:09 AM 

I called Lahore to get data about cuase of Market weakness in DHA Lahore In last 2 weeks , The main reason of DHA file 8 Fall is there are almost no buyers for DHA 8 in market, Even speculator "Biana Buyers" also dont look very interested,
On the other hand Following situation was observed in plots Market
Lower end Market In phase 7 like x y Z blocks is weak about 1,2 lac
Middle end market Like T,Q,P and S is only low 1 lac
Lower end phase 6 almost no change
Higher end in Phase 6 and 10 merla about 3 to 4% Low
It looks that dealers are anticipating more buyers of Plots and prices of Plots are less affected as compared to files.

hak replied on Friday, November 28, 2008 09:21 AM 

Comparing DHA and Bahria in terms of price steadiness, unlike Bahria huge fluctuations can be seen in DHA phases eversince they were launched.Whereas Bahria's track record looks quite compelling and gives an impression of steadiness.

Habib replied on Friday, November 28, 2008 11:14 AM 

Hak you are right all those Societies where development is complete and is ready for construction prices has increased some 30 percent as compared to 2 years Back.
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