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

(72587)
Tuesday, June 5, 2012 09:36 AM 

Dear salman
please explain me logic as why phase 6 good developed blocks , abcjhk etc are almost ofsame price as of phase 8 undeveloped plots which at least require 5-6 years to reach a level of phase 6. Please donot give logic of location as t w blockin phase 8 and h j block in phase 6 are almost at same location. Phase 8 plots have deep deperssions, graveyards around with no wortwhile town plan. On the contrary phase 6 boasts all beautiful golf and commericial areas parks etc. If it is only location parkview phase 8 has best location and a fully developed plot is available at the same price on which phase 8 t w x u v plots are bring traded .

Info replied on Tuesday, June 5, 2012 11:40 AM 

This situation is called market anomaly, which will probably be corrected after some time.

Abdul replied on Wednesday, June 6, 2012 06:54 AM 

Very good anylasis by Mr. Khalid. It is true that no compareson of DHA-6 since it will be Defence inside the Defence.

Lahore Real Est replied on Wednesday, June 6, 2012 10:19 AM 

Dear Khalid Sahib,
IN DHA Phase 8 Sellers demands are very high therefore trading is very slow there.
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