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D 12,E12 Price Appreciation,

(63479)
Monday, February 21, 2011 11:00 AM 

It seems the prices of plots in D 12 have substantially increased compared to a month ago.
Even E12 prices have improved somewhat.What is the reason ?

Amjad replied on Monday, February 21, 2011 12:05 PM 

Prices are increased due to the supream court order to vacate the land from occupants.

Khayyam Shahzad replied on Monday, February 21, 2011 12:55 PM 

Dear Arif, I wasn't aware of the price hike in D-12, but glad to hear this news :-) The reason for D-12 is likely due to near completion of development work in this sector. What are the current prices or the price hike percentage?

Waseem Malik replied on Monday, February 21, 2011 04:33 PM 

I think D-12 plots prices are already stretched to their limits whereas E-12 plots still have a lot of potential for price increase.

CDA’s land retrieving from ‘kabza group’ is a very positive step forward but it will have more meanings when these sectors will be developed at their best levels and given to plot owners.

Arif replied on Tuesday, February 22, 2011 05:44 AM 

When I checked the prices of 25x40 plots in D 12 (a month or two ago,the demand was around 20 lac.Now the price being demanded is around 30 lac).

Khayyam replied on Tuesday, February 22, 2011 12:34 PM 

Thanks Arif bhai. I also checked online for 14 marla and 1 kanal plots (new adds posted within the last 7 days) and the asking price had jumped 40-50% for all of them. It's good for the owners, but bad for the buyers. The prices in CDA sector is ridiculous in my opinion. I don't know how anyone can afford this anymore.

Waseem Malik replied on Tuesday, February 22, 2011 08:05 PM 

Respectfully, I disagree. If there is any price hick you see in D-12, its only artificially created by agents and those whose investment is stuck in this sector. Many invested in peak times of real estate and its very hard for investors to come out without any monetary gain even after waiting for so long. Prices are static.

In current economic and political uncertain situation, things are even hard to predict positive.

Mian Nadeem replied on Saturday, February 26, 2011 03:45 AM 

D-12 no doubt a very good sector.But price hike is not real.
Analysis of Waseem Malik is correct( Time will proves it). Investors
are trying to quit but in prevailing market conditions it seems difficult.

Mian Nadeem replied on Saturday, February 26, 2011 04:19 AM 

D-12 is my favorite sector.Recent price hike is not real.
Analysis of Waseem Malik is correct( Time will proves it).
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