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Gain in Realestate,

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   Jameel
Saturday, May 12, 2012 09:38 AM 
Reply: >
After a long Slump real estate prices are going up slowly here i post my personal + family members experience to share with other interested members.

1. DHA 7 Bought 3.8 ys back in 33 and now is 51 lac
2. Valencia Bought 5.5 ys back in 27 now worth 48.
3. Valencia 16 Merla Bought 1.2 year back in 34.5 now 42
3. NFC 2 Kanal 100 feet road bought in ys back and now worth 16 lac '
4. House 10 Merla in 70 lac 2 years back and now worth 80
Think again replied on Saturday, May 12, 2012 11:33 AM 

Jameel
What do we make out of your post?
MS replied on Saturday, May 12, 2012 12:22 PM 

jameel sahib, you are out of sight for long time, its pleasure to read your comments.
IB replied on Saturday, May 12, 2012 12:54 PM 

It is nothing if you take into account the depreciation of Rupee and rate of inflation.
Jameel replied on Saturday, May 12, 2012 01:17 PM 

Mr IB I gave in the time of purchase and almost all these investment gained about 4to 5% if you take into account currency depreciation,If one have invested in fixed deposit Dirhams/dollars in UAE the rate would be about 2% average in most secure banks, So gain is 2 to 3 percent better than dollars. liquidity is a bit difficult. The description is not to persuade or discourage someone, Rather to tell a real true picture.

@ IB when you try to make some investment such factual comparisons help you a lot, here you see tons of ads people ask for advice but when they finalize a deal they never bother to give any hint to their fellows, similarly when they sell something they never like to disclose where deal ended, all five investments are different categories, ranging from 10 years old built house to NFC2 which may be populated in 10 years.
Fawad replied on Saturday, May 12, 2012 06:56 PM 

@Jameel, thanks for the real information.
@IB, Rupee depreciation is not always true. Look at the graphs from the last years.
Islooo.. replied on Sunday, May 13, 2012 09:43 PM 

Two important observations regarding the gains in currency or property..,

Between 2008 to 2010, Dollar went from 60 to 85, and since then, its around 90 now,

But the real gains in Real estate have been in last two years, when Dollar was not as quick to rise,,so people who took out money from Foreign exchange beginning 2010, and invested into property,,made good money or I would say,,adjusted well against inflation...
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