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Market Watch,

(49668)
Friday, December 12, 2008 02:08 PM 

Dear CMY and all respected brothers

I hope that everyone had a nice EID,

Now coming back to business, we expected prices to increase of phase 7 according to CMY sahibs previous market watch.

I would like to start a discussion on whether this has happened and what people expect to happen in near future.

Jameel replied on Friday, December 12, 2008 06:23 PM 

people weree expecting arround 10% recovery in Plot's Prices of DHA phase 7 and 6. But a slight recovery was seen only in Lower Range Blocks and People showed more interest in buying plot in 30 to 35 Range. As a result there had been bit fall in price if Higher range Blocks Like S,R,V and W, On the Other hand Prices in P Block are standstill.

Chacha ch Jeddah Ksa replied on Friday, December 12, 2008 11:19 PM 

Dear all
PLease forget to have monetary gains from property matters.
Wt for another strike of dominies.i will suggest all to do some constructive buisness.

khan replied on Saturday, December 13, 2008 04:13 AM 

There is no transparency in actually knowing the sales price of land.There is a posting of prices every day on this site but in reality, not sure where the data comes from ? Not many folks show the correct transactional price while selling their plots to avoid taxes...dealers are actually investors. I strongly believe there is a need of an independent forum that connects buyers and sellers taking the hurdle of property dealers out from the equation

zabardast replied on Saturday, December 13, 2008 04:35 AM 

i agree with khan..

Shahid replied on Saturday, December 13, 2008 04:46 AM 

'there is a need of an independent forum'

You are allowed to post your property ads here as a direct seller. You are also allowed to post your property requirement ads here as a direct buyer. You don't have to engage a property dealer.

Jameel replied on Saturday, December 13, 2008 08:23 AM 

Dear Khan you may disgree with CMY's Posted rates and any one can comment on that, I found those rates quite useful, especially deal of day type of price. When such an ad comes you should see location of such plot on map later it can help you to quote price of another plot doing some plus or Minus.
Following Prices are most useful in determining correct market value
DHA File prices on this site
Deal of the day type of ads
Goto Block prices on Main page 3 to 4 Lowest prices
In Jang classified ad with plot number and demand
In Jang Classified final/last demand..
Sometime people dont know worth of thier plot and they are living in Fairy land, one of my friend living in Gulf is having a plot in DHA phase 7 Q Block Good Location Plot, before going to Pakistan I called him to know worth of his plot [not as a buyer just for guidence], he told me that he was in touch with market and worth of his plot should be 44, 2 weeks later I bought a plot 3rd to him in same lane in 33 Lac.
Point is Mr Khan did not mention what he thinks CMY is quoting too low or too high price, possibly he is a holder and wishes price would be much higher.

Khan replied on Saturday, December 13, 2008 10:49 AM 

I am not criticizing CMY at all as he has done a great favour to all. What I am saying, there is no real mechanism to find real price, its a wild guess. Ofcourse I am holder of the plot as otherwise why would I waste my time coming on this site? please also share your experience of selling at DHA? It will be nice to hear any success stories of selling DHA plots on this website?

Jameel replied on Saturday, December 13, 2008 05:01 PM 

Mr Khan, sucess in selling is same as that of buying ie Knowing "correct worth" of your holding. Waste one week in trying to find a plot in similar location once you see you reached best bargain same is the worth of your Plot. Dealer may still give you 2 Lac less than that. If you get same or more than that is correct deal.
Keep in Mind Buying is 10 time earier Than selling.

JI replied on Sunday, December 14, 2008 05:44 AM 

in replying to Khan sb,
One way to help each other is to post anonamously the price of a deal made by any of us.
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