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

(76201)
Friday, December 14, 2012 07:41 AM 

AOA
I AM REGULAR VISITOR OF THIS WEBSITE
IT IS REQUESTED TO GIVE AS MUCH AS
POSSIBLE OPINIONS AND SUGGESTIONS
REGARDING MY QUESTIONS IN DETAIL

1- DURING 2012 ALL REAL ESTATE SECTORS
EITHER RESIDENTIAL OR COMMERCIAL HAVE
GAINED SO MUCH AND FOR THE WHOLE YEAR
DEMAND WAS MORE THAN SUPPLY NOT ONLY IN LAHORE.,
ALMOST WHOLE COUNTRY

WHAT YOU GUYS THINK WILL THIS TREND CONTINUE
IN 2013

2- DOLLAR HAS REACHED TO 100 in 2012
WILL THIS ALSO EFFECT THE REAL ESTATE PRICES

3- INTEREST RATES ARE AT THEIR LOWEST LEVEL
WILL THIS FACTOR ALSO LED TO PRICE HIKE IN REAL
ESTATE MARKET

4- STOCK MARKET HAS IS AT PEAK LEVEL AND STILL RISING
WHAT WILL BE ITS IMPACT

Umer replied on Friday, December 14, 2012 07:58 AM 

Nice topic

aliakee replied on Friday, December 14, 2012 11:54 AM 

1- DURING 2012 ALL REAL ESTATE SECTORS
EITHER RESIDENTIAL OR COMMERCIAL HAVE
GAINED SO MUCH AND FOR THE WHOLE YEAR
DEMAND WAS MORE THAN SUPPLY NOT ONLY IN LAHORE.,
ALMOST WHOLE COUNTRY

WHAT YOU GUYS THINK WILL THIS TREND CONTINUE
IN 2013

Ans 1-I have many seen that many people demand for selling plot is totally wrong and overprice. In my opinion investment level will be low; because purchasing power of people is reducing day by day .On the other hand plot prices will be stable because value of rupees is already on declining.

Overall trend will not be that much high as it was in past.

2- DOLLAR HAS REACHED TO 100 in 2012
WILL THIS ALSO EFFECT THE REAL ESTATE PRICES

Ans 2-It is effecting because increased in dollar value show decreases in rupees value. In other sense inflation is increasing and seller wants to adjust inflation on its plot.

3- INTEREST RATES ARE AT THEIR LOWEST LEVEL
WILL THIS FACTOR ALSO LED TO PRICE HIKE IN REAL
ESTATE MARKET

Ans 3- Do you mean rate of interest on saving account. I think this factor could affect real estate positively too. Because people will divest money from bank and invest in property for high return in future.

4- STOCK MARKET HAS IS AT PEAK LEVEL AND STILL RISING
WHAT WILL BE ITS IMPACT

Ans 4- It depends on reason of growth in stock market. If it is real estate then it is a good sign for property business.

Other factors
-Foreigner Pakistani people because they trust on real estate market more than anyone.
-High demand of property because of rising population.

Conclusion

Growth will be continue but may not be with same way as I discussed above.
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