Dear all,
i am a very silent reader of this forum and i really want to congratulates here cmy, who is the pioneer of this forum and provided us the opportunity to shares our views with each other regarding property matters. I have a one plot of 1 kanal in dha phase 9 and one plot of 5 marla also in phase 9. But here i would like to share some of my views regarding phase 9 prices. As i have seen mostly our phase 9 investors are scared of plot prices after balloting. As you all very well know that phase 9 is the biggest phase of dha now. So, dha will never afford to make this phase as a non-profitable phase for the investors. If it happens than dha will loose the trust level of the investors for their future projects. With due respect, now mostly the dealers(not all dealers) are spreading out the rumors in the market after the balloting of phase 9 that the prices of plots will go down just to panic the sellers and to hold the plots on a very low prices. Whereas, on the other hand these dealers are giving the adds to different newspapers and asking for phase 9 plots and ready to buy on the cash payments. ( What ever these type of dealers say (not all ) is not always the truth, and whatever they hide from the investors, that mostly considered to be the truth). Secondly, the fact of the matter is dha phase 9 files are still available in the market and today rate of 5 marla file is 24.50, 10marla file is 40.50 and 1kanal file is at 58 lac. Now my all brothers just think on it, if the files of the phase 9 is trading today on these prices then how would you underestimate your plot prices lower than these file prices? Thirdly, dha phase 9 town file is trading on 35 lac for last couple of months and you all must know that dha phase 9 town is almost on the same location where the proper phase 9 is. So, if the file of 5marla phase9 town can trade on 35 lac at a very similar location than how would we expect that 5marla phase 9 plot selling price would be around 25lac-32lac(with development charges)? In my opinion, when the proper market will be opened for dha phase 9 the price would start for 5 marla plot from 30lac-40lac (without development charges).10marla 50lac-60lac(without development charges) and one kanal would be 60lac - 70lac (without development charges). So, hold your nerves as you all must aware that property business is a viable business for only those who are calm and patience. And do not give up your property in an easy way.
Awaiting for your all feedback and comments on my analysis and will highly appreciate the comments of my all dear brothers but on a decent way.
=====================
Admin changed post to sentence case to make it easy to read. Hassaan replied on Saturday, May 23, 2015 08:59 AM
Make sense! |
phase nine replied on Saturday, May 23, 2015 09:22 AM
Good |
masood replied on Saturday, May 23, 2015 09:28 AM
well done, good & logical analysis dear |
Common Sense replied on Saturday, May 23, 2015 09:36 AM
next time please try typing in small characters......It will be easier to read (try finding the Caps Lock key on the key board) |
pasha replied on Saturday, May 23, 2015 09:36 AM
those days have gone, when some dealers use to play psychic game to make fool of the people. now ppl have much awareness about the real estate, and I must confess that its credit goes to Mr. CMY. May Allah bless him more. |
Zafar replied on Saturday, May 23, 2015 11:11 AM
Please use small fonts, it is hard to read. In my personal opinion (may be wrong), with a huge supply of material (20,000 plots), lack of actual buyer's support and near future addition of further plots will the push the prices downwards. It is difficult to manipulate and play with prices of such a large supply without substantial real buyers support where almost 90% are traders and very less numbers of actual buyers. Every balloting is just adding more traders looking for profit. Prices of all phases may come down due to the same reasons mentioned above. Above all, any political crises (due to judicial commission or any other reason) will make things worst. I have been observing the prices since 2011 and noticed the major change (200 to 500% increase, bubble) just after NS came into power. This is just my humble opinion and if anyone is saying that plot prices never came down he is not well aware of the history. One should see what happened near 2007. Xafar |
KB UK replied on Saturday, May 23, 2015 12:04 PM
Thats exactly what I am trying to tell people since the ballot has been done. Welldone Umer you are right I will endorse your comments. |
omer replied on Saturday, May 23, 2015 02:11 PM
hello umer ..read ur opinion ,but my question is that at 25 lakh plot at the time of ballot ,add 10 %each for corner ,best location will take that plot to 30 lakh max ,why should we as a new buyers pay more then that when we can buy a 5 marla file and save that extra 5 lakh ,and try our lucks in coming ballots .i know a lot of small plot owners r in desperate need of good profit but end of the day its buyer game now for next 6 months ,hold it or leave it |