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Lahore Real Estate Forum: Property News & Community Talk : ,

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   haris
Friday, October 21, 2011 06:31 AM 
Reply: >
Dear CMY

I BOUGHT DHA 9 FILE 2007 , 16 LAC ,THAT TIME RIYAL WAS 16.5 RS. I AM NOW FED UP WITH IT, NOW NO MOVEMENT . AS PER CURRENCY DEVALUE I HAVE LOST 8 LAC RS.CAN YOU SUGGEST I CAN SALE. NOW RIYAL RATE MORE THANN 23 RS.
ALL ATTENTION OF DHA TOWARD 5 MARLA AND 10 MARLA PLOT DEVELOPMENT WHAT THESE FILES.
PLZ GUIDE ME WHAT I DO , I CAN KEEP IT OR THROUGHT IT

WAITING UR REPLY

HARIS
ali11 replied on Friday, October 21, 2011 06:54 AM 

chances are that it will rise after ballot in december, so keep it mar-apr, if it doesn't improve then sell.
ali11 replied on Friday, October 21, 2011 06:56 AM 

Also, its wrong thinking comparing with other currencies. We are all at loss if we start comparing with other currencies. Property when pays, its no match to comparing currencies. just a thought.
Jameel replied on Friday, October 21, 2011 08:50 AM 

best is to wait till December , if you dont hear nay good news then sell,
But in that case you may get 1.5 to 2 lac less than current price because mood of all people will be low
ali11 replied on Saturday, October 22, 2011 11:18 AM 

DHA Phase 9 Investor

Good detailed points & good facts. However, main reason of DHA9/10 at very low price is no one being sure about its development.

In a couple of months, DHA-9 (DHA Town- 5 & 10 marla) development will start, after it DHA will develop phase-8. Then it will be the turn of Parkview & phase-5 extension. After that DHA will develop phase-8. & then one can expect DHA-9/10 development, that easily 6-8 years ( a bitter truth) . Point is who wants to stuck his 2 million for 6-8 years ?? Why not buy something on-ground in southern Lahore, bahria, fazaia, etc etc or even on ferozepur road, prices will surely rise there in 2-3 years time.
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