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dear CMY,

(88020)
   khalid
Thursday, May 21, 2015 12:51 AM 
Reply: >
You are recommending holding of phase 9 plots for 5 years minimum for maximum gains.keeping in view the inflation is it a wise decsion.if i buy it for 80 lac it would maximum be 120 but still far away from possession and habitation. Look at phase 6..it is given possession almost 6/7 years but half of it is still vacant. How come phase 9 can reap maximum benifit after 5 years. U can still find plot around 120 in phase 6 sector N.
Thanks
CMY replied on Thursday, May 21, 2015 01:04 AM 

Khalid bhai I bought my two DHA 6 files at 18 lacs in 2003. Paid 4.5 lacs as development charges on plots after ballot. Take out average price of DHA6 now than do all calculations against inflation and then inform me property investments are useless. May be I am missing something here. Really want to learn.

I was thinking to take some time off but looks like good friends like you want to keep me busy here for ever as I may have to spend few hours to do these calculation for you here :)

Choudry Mujahid Yasin
khalid replied on Thursday, May 21, 2015 01:34 AM 

You take a break and will discuss further. Just a short comment as 18 lac and 80 lac...a big difference
asad replied on Thursday, May 21, 2015 01:36 AM 

cmy uncle can u look at k block map and tell me that road going from 1776 towards 1156 is dead end or a open road near boundary of private land and comfort factory , i am just doing post mar tum of that location :)
Habib replied on Thursday, May 21, 2015 06:21 AM 

My investments in Last 7 years Doubled in term of Dollar and tripled in Pak Currency, You may be surprised that Pak Currecny did not get devalued that fast as we believe in In June 2010 I transferred Money to Pkistan to buy a house at rate of 84.5 Rs per Dolar, now in 2015 it is 101.25, So it means 3.8% Compunded Currency devaluation / year NOT TOO BAD.

In last 5 years there 2 econimically bad years [Zardari period] One Averge years ie First Nawaz year and 2 Good years ie 2013 and 2014. So I think This is an average estimate.
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