Land prices are almost stuck for last 5 years but still people claim that they are still expensive, There is no meter which can measure the "actual worth of Property" But there are certain indicator which can help us to analyze
One of them is Parity between Land price and house construction, If you want to contruct a good house at this time you need almost double money than land price, This indicator is constaly pointing that land is cheaper today as Construction cost is automatically inflation adjusted.
In other Coutries rental value determines the worth of Property but that does not hold true in pakistan expecially Lahore. 
