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Lahore Real Estate Forum: Property News & Community Talk : ,

(53385)
Monday, June 8, 2009 01:56 PM 

hi I am an overseas pakistani and wondering how long will it take to recover to 2007 levels. I am just seeking the recovery of the loss that came in as a result of rupee slide. I need to sell off my assets but holding because I am not ready to accept massive reduction in the value I will receive. I am sure there are many of us in situation like me.

Its been 4 years now since the bubble burst. Is there any hope in holding property in pakistan? they say by 2020 pakistan's population will be 230 million up from 170 million currently.

why do I see extreme gloominess in the face of that prospect?

ps I am holding a plot in HBFC near DHA 5 (there is chatter that DHA will overtake it)....should i hold it or sell it?

yessss replied on Tuesday, June 9, 2009 01:42 AM 

You and I were both once 25-years-old. Those days will never come again. Neither will the fantasy prices of Pakistani real estate.

Accept your age !!!

Insight replied on Tuesday, June 9, 2009 02:24 PM 

Asif Zardari is choice of the people of Pakistan.
2007 or 2009 number of years does not make any difference.
Pakistan was about become a new state under the leadership of Musharraf.
New Islamabad airport was suppose to be operational in 2009 but now it seems, only our grand children will travel throught it.
No country of the world is willing to fly with Pakistanis and only PIA (political international airlines) is flying Pakistanis to the west.
I remember we in europe use to hear good news from Pakistan almost on daily basis before 2006 and now we hear Pakistani Presedent Zardari and Musheer Dhakila (convicted indian agent by Farooq Leghari) is suggesting that Pakistanis are terrorists.
Have fun with your leadership and with your economy.
I know many indian handlers visit this website because they are organiser of property for millions of indians inducted by present govt.
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