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

(55667)
Friday, November 13, 2009 03:24 AM 

It seems to me that over the past few weeks, there have been more non-property related discussions here than not. Perhaps that is an accurate reflection of the society-at-large, since I do feel that evidence does tend to suggest that, nowadays, people’s attention is not much on property issues. Rather, it is on much more pressing and immediate issues lie: staying alive from bomb blasts, inflation, crime, etc.

Nevertheless, I propose to pose a property-related question here, for replies from all readers, re the future of property in the short term.

I suggest that, as a means of assessing the current mood, as well as have ideas of the future as we see it TODAY, we focus on a benchmark area, with which we are all familiar with, and then give our current opinion about what we EXPECT its FUTURE price to be.

I suggest the following, but, of course, others suggestions are most welcome, and sought:

a) It should be some area in DHA-Lahore, since virtually aware of this society;

b) It should be a file, and not a plot, since each plot has its own pluses & minuses, whereas a file
does not have any such drawback, and can therefore be talked about easily

In view of the above, I suggest files for Phase 9&10 as a benchmark.


With this benchmark in mind, I would like readers to post their views/replies for the following:

i) In yr opinion, what will be the price in 6 months time, i.e. on June 01, 2010 ?
ii) In yr opinion, what will be the price in 12 months time, i.e. on December 01, 2010 ?
iii) In yr opinion, what will be the price in 18 months time, i.e. on June 01, 2011 ?

I want to see what the readers feel not only about the future, but also about the economy and country. Yr replies to the above will encompass all these factors.

Thanks and regards

Party pooper replied on Saturday, November 14, 2009 09:25 AM 

I don't want to sound like a smartass. But seriously, who has the crystal ball to predict future prices? If we did, we would all be seriously rich people, don't you think?

In my humble opinion, why even bother speculate in property. If someone has some money lying around, start a small business, employ a few people, start enjoying the satisfaction of being self-employed! Then look how Pakistan prospers!

But if you still have some excess money, buy real estate, but not for sepculation, rather medium-to-long term investment; you cannot go wrong! Good luck!

Ali Zaidi replied on Saturday, November 14, 2009 11:28 AM 

My Dear Realestateman Think of urs and mine saftey from bombors.
That would be the best speculation. The people who are responsible of our safety are unsafe too. So speculate about SAFETY not the price of file of 9&10. In the past those who had dollors and were buying in DHA has sent their dollors in abroad. And Now we poors are left for only speculation.JU BECHTE THEE DAWAEE DIL WO DUKAN BRAHA KER CHALEY GAIYE.,MAY GOD SAFE UR INVESTMENT TOO

friend replied on Sunday, November 15, 2009 02:09 PM 

dear
once zardari govt goes,price will increase significantly n suddenly
its my guess
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