Market Alert: Lot Of Buying is Seen In DHA Lahore Market,

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Lahore Real Estate is once again witnessing heaving buying in DHA market especially in DHA 6 plots and DHA 9-10 & 8 proper 1 kanal files. Very few sellers with too many buyers in market and the kind of buying from actual clients we are seeing is telling us plots in DHA 6 will gain 3 to 4 lacs in coming 12 weeks and files could gain 1.5 to 2.5 lacs during next 12 weeks.

We believe after 12 weeks you will never find a seller in DHA 6 under 40 lacs in any block. DHA 9-10 should try to touch 15 lacs in next 12 weeks and DHA 8 proper could see as high as 37 lacs soon. DHA 7 23 lacs plots will be history after this month of feb 2010. Many cheap plots where picked up by a large Karachi investor.

For me buyers and seller have equal respect and I never favor one over other because I dont know on next deal If I will be having a buyer or a seller in coming days. I could not gain extra business if market is flying high because almost nothing is available for sale when market moves up very fast or same way no buyers can be found when market is falling fast. Deals are extremely hard to lock in high flying markets.

From a dealer point of view its very easy to work in dull markets because we get most buyer and sellers agreed to deal lot easier and more deals are locked in dead market. In high flying market only prices shoot and dealers loose because acutely they dont get a chance to lock most deals at any price. Some people do make money on Baina plots etc but that kind of gambling is not happening these days at larger scale.

Today I thought for many hours before I wrote this post. I was not comfortable about writing this post but than It came to my mind its my duty to let every one know what I know and its their duty to think 100 times before investing their hard earned money any where.

Most of the times people do claim credit for their sharp thinking and right time investing if they make money on that investment and blame others if they loose money. I cant change their this habit :)


Ch Mujahid Yasin (CMY)
03224009967