Dear Experts,
Kindly comment on near future trend of plot prices in DHA Lahore Phase 6,7,8,9/10 keeping in view the political and ecnomical situation in pakistan or under anyother expected market scenario.
Best Regards,
Salim Khan replied on Thursday, May 13, 2010 02:52 AM
Johar sahib,
I dont think anyone will be able to answer the question to your satisfaction. As a rule of thumb, real estate is one of safe investment option long term (10 yrs). If you are in the market to make a quick buck, there might be options but you always run the risk of losing some of your money.
That said, long term, Phase 7 seem to be the best option short term. My reasoning is that currently, you can find a decent location for 30-35 Lak in Phase 7, where construction can be started in less than 2 years. I think the price of Phase 7 should be atleast double of its current price in 5 years. Phase 9/10 is very good in long term. Those will be my two choices. |
Habib replied on Thursday, May 13, 2010 05:05 AM
Price may be stuck for a while till Pak Rupee hold strength then Overseas will be again attracted to Property, But I would advise to Invest only in ready property. Not the areas which will be populated in 10 ys |
Abdul replied on Thursday, May 13, 2010 06:14 AM
investing in real estate is the only option overseas Pakistanis have but they forget there are many giants in real estate those have targeted these oversea and grab there money and in return giving them wait frustration and keep charging them heavy amount in the name of development.
None of the developer including DHA & Bahria tells the over all price neither give time frame but sale their product and our overseas brothers keep buying.
Don't keep multiplying your money but learn to hold it within yourself. The worst is not over yet, money in hand will be plus point in future. |
