hold on replied on Monday, October 11, 2010 09:57 AM
Nadeem sb. now is not the time to invest. there are no positive variables on the horizon that would drive up prices, but there are many uncertainties. since you are an expat, you're biggest loss would be in rupee deval, which is expected to be high next year. i was an expat for 10 years and know just how hard it is to save abroad. i am back in lahore for the last 2 years and know the market pretty well. there is much more downside than upside right now. my sincere advice is wait 6 months at least, let some certainty or confidence return. enter when things look a bit positive, not when prices are falling or static since long. if you feel you must invest, then phase 6 dha is my suggestion. the price, location, infrastructure and name tag all allow for serious appreciation in the next 3-5 years. good luck. |