Farhan replied on Friday, April 8, 2011 12:46 PM
As per my recent information from the source within DHA, the ballot is not announced and may happen in next 12 to 18 months. There is no surety even for that. The price hike seems to be because of some dealers trying to sell at an inflated price to the buyers. As the files are few, sellers are few, it is easy to manipulate the price of this extension. My experience suggest that this inflated bubble will burst soon in couple of weeks. Simple logic is with 26 lacs file plus 2.5 lacs as transfer charges and agent's commission plus lets say 12 lac development charges, it will be around 41 lacs or even more. Doesn't seems justified when you have options available with developed plots in Phase 7 and do not discount some other good societies in competition as well. |
