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Fall in Market??,

(53849)
Thursday, July 16, 2009 05:52 PM 

Yesterday one of Dealer [Known to me] called me from Pakistan that there is significant fall of prices in the DHA Lhr. He Told me many plots in Good phases of DHA 6 with Possession are available @ unbelievable Price.
Would someone Confirm the situation.

Suhaib replied on Thursday, July 16, 2009 06:51 PM 

Dont worry. He is just trying to buy your plot. All low price plots are already bought in last few days.

Rehmat ali replied on Thursday, July 16, 2009 08:16 PM 

Dear Jamil:

Then it is time to buy. Hurry and buy one plot for your residential need

AK replied on Thursday, July 16, 2009 09:06 PM 

I bet that Dealer is not CMY, as according to CMY prices are rising or soon will be rising.

Observer replied on Friday, July 17, 2009 04:26 AM 

Whatever people say but figures tells the truth. The property prices are still falling down in Lahore. There are so many plots are available for sale in the market. You can easily compare the prices of last 5-6 weeks. Let see when the confidence of people will be developed again in property business.

allah rekha replied on Friday, July 17, 2009 07:52 AM 

jameel sahib prices r really going down in dha both files and plots.and i think u will see at the end of august parkview one kanal file will be avaible at 22 lacs and ten marla file will be avaible at 17 lacs.

Jameel replied on Friday, July 17, 2009 05:12 PM 

@ Shoiab...
It was not for selling rather he gave me options to purchase
@ Allah Rakha...
I showed interest to buy phase 6 Plots not files
AK of course it is not CMY rather a small dealer but last year he helped me lot. i wanted transparent deal and he arranged, we made transfer in few days but I am thankful to CMY and his LRE site who gave me Knowledge to decide my offer in spite downturn of market there is not significant fall of my holding as I Bought at right price last year.
I am trying to Confirm from other sources, The dealer called me because I showed the interest to buy when market is Low. Infact few months back [pre budget] I called him and he informed The Market was almost same level as last year. But Now 3 days back he indicated there is 2,3 Lac Drop in 30 lac Property in Other words about 10% Drop and more in Phase 6 Plots with Possession. I think this time opposite happened before pre budget there is Fall and afterwards market Picks. Looking at same trend CMY gave prediction that market will go up after budget but I think Now there is fall in last 2 weeks.

nabe replied on Friday, July 17, 2009 06:18 PM 

i zone II islamabad, price boom has been started, prices have gone up staight 4 to 6 lac per kanal
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