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

(82696)
Saturday, August 30, 2014 08:34 PM 

Dear All,

Current political situation ka property pe kya effect ho ga??
Please share your suggestions and experience.

Regards,

Ali Malik.

Shahzad replied on Saturday, August 30, 2014 09:22 PM 

No impact on short term. Prices shall remain stable

ZM replied on Sunday, August 31, 2014 03:52 AM 

I think prices would go up even faster due to the reason that people would pull out money from business and are likely invest in property.

Thanks and kind regards

Overseas refugee replied on Sunday, August 31, 2014 04:13 AM 

I am an overseas refugee that I would like to call myself now which is better than being a Pakistani.
I am pulling out my assets from Pakistan and seek asylum in some European country where there is at least people have rights to do peaceful protests.

Overseas realistic replied on Sunday, August 31, 2014 04:44 AM 

As a nation, we are egoistic in general,unpractical, but honest. That is General Public of Pakistan.So are our leaders (ALL).

Hamza replied on Sunday, August 31, 2014 04:46 AM 

Now PMLN government will be much stable and prices in Lahore will definitely go upward.

Nauman replied on Sunday, August 31, 2014 05:21 AM 

Please be honest on this forum, there will b a very negative impact on property, as most of the property business is related to Overseas and they will not prefer to hold property here in pak in these situation

jamz replied on Sunday, August 31, 2014 07:18 AM 

DHA will gain whether Takht-e-Lahore wins the battle or WARDI will win , loss is of innocent pple & pakistan (as always)

Visitor replied on Sunday, August 31, 2014 10:55 AM 

this time pakistan is gaining not losing inshaallah

Pakistan replied on Tuesday, September 2, 2014 06:28 AM 

Gentlemen

We shall not be panic due to the current situation and hold our nerves considering the fact that we are holding quality property which has gain over the years in a stable pattern. Selling will not be benificial at this moment as buyers may under price and take out the benefit. This is how the chain starts. One transaction at little low and the next one could be lower than that which becomes ideal for the buyers as they call it buying time.

To be honest, i myself bought a plot in DHA 9 Town just last week and i am absolutely confident. Longer you hold, higher the benefit.

Shahzad replied on Tuesday, September 2, 2014 06:32 AM 

There are many factors those will keep prices stable for short term.
1- Sellers will tend to sell due to political situation (heavy price down trend)
2- Dollar will go up, overseas investors will try to transfer money & invest mainly in real estate - no other option for them (price up).
3- markets will go down, outflow of market will go in real estate (price up)
Net Result - Prices Stable at least till Feb-2015, but after that still if situation will not stable the heavy down trend will start with correction upto 15% to 20% down.

Visitor replied on Tuesday, September 2, 2014 06:44 AM 

No impact on property. Wl remain stable . And if noora go away then propert wil go high bcz of tax relaxation . Noora imposed so many taxes on real estate.

Overseas realistic replied on Wednesday, September 3, 2014 09:32 AM 

Mr Visitor, as I mentioned earlier, most of us are unpractical,If PTI comes in power they will correct this TAX system, then you will be made to pay taxes as people pay tax on each and every thing in UK , But you will get better service.With noora taxes are less as they have a corrupt system.Lets see.
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