Ahsan replied on Saturday, May 16, 2015 08:31 AM
I have also contacted six dealers and their estimate is same as mentioned by Jameel Sahib. They are assessing the market and rates will become more clear on Monday. In my humble opinion, the dealers or big invetors may create a panic to fetch as much as possible plots to sell to overseas buyers after Ramzan, who will visit the country to celebrate EID. Therefore, the possibility is that big investors will try to buy at cheaper rate and then again try to sell in a short term after Eid ul Fitr or Eid ul Adha. The market will become quiet after that time and we may witness two quick fluctuations in price. Remember , that Real estate is a game of patience and require strong holding power to reap good profits. In reality, You are winners and don't throw your asset in DHA which is a very strong brand and it will provide a strong defensive mechanism to sustain its image. |