I am a student of Lahore RE. Off and on i have heard folks bemoan that most of the plots in DHA (6, 7, 9/10, 8 etc) etc are owned by investors as opposed to those who want to build a house in the near term. I am curious to understand what people think is an investor. Someone who simply owns one or two plots or something more substantial. Surely, there may be people who own 20-30 plots, but that should be uncommon I would think.
Pendalum replied on Wednesday, July 28, 2010 07:32 PM
Investor is the guy who ran off due to Asif bhai. He might come back if Imran bhai sits on the chair. |
Habib replied on Thursday, July 29, 2010 03:57 AM
Same was said about DHA 5 but now we see lots of houses there, DHA 7 will not get construction boost till we see good number of houses in DHA 6, Next year will tell about this as practically DHA 6,7 are same phase. In DHA Houses are started by Builders usually and consumers follow.
Regarding DHA 8 I dont think that will be handed over eariler than 2015. At that time it will be only vacant area surrounded by DHA 6 and Air avenue and Parkview on other side,. So it will be populated soon after. |
sleepless replied on Thursday, July 29, 2010 04:10 AM
An investor would be somebody who has excess liquidity and has bought land/plots with no actual intention of ever constructing a house or livng there. His basic purpose is to wait and off-load his assets when he gets a higher market price i.e. he earns substantial profit though this is not necessary. |
