Can you plz evaluate 1 Kanal plot number N - 606 of phase 9
Thanks and best regards.
Mian Rashid replied on Saturday, May 30, 2015 06:42 AM
Dear Haris
N-606@65 Lacs cor 150 Feet Road
For Sale & Buy
Mian Rashid
03028409967
Lahore Real Estate
Info@lrepk.com |
Block B replied on Saturday, May 30, 2015 07:32 AM
I am not very much satisfied with the evaluations . it cannot be just 10 lack difference when the evaluation of
E-160@55 Lacs Near grave Yard &Dev klan village .
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BlockB replied on Saturday, May 30, 2015 07:35 AM
Muzzamil little correction. This is evaluation and not necessary that it is available for sale in this rate. Those who have got good location are not that naive yo sale a future best selling product in pennies . |
Block B replied on Saturday, May 30, 2015 07:55 AM
I am little bit concerned as different people are evaluating plots based on their own judgment. I have seen same plot evaluated differently by different person on this forum. |
Block B replied on Saturday, May 30, 2015 08:05 AM
Muzzamil that is why I am saying these are not realistic . Do you think a person will sell his good location plot in 60 and buy a phase 9 file in 56.5 . Does not go well with my ecnomics. Yes bad plots should be dirt cheap but that does not mean good plots are evaluated in that context. |
Block B replied on Saturday, May 30, 2015 08:23 AM
I agree that some people will just like to exit but that is not the benchmark and that does not mean many good locations plots will be available in market at that rate. I think LRE should avoid evaluating plots like this. They should advertise those plots which are available for sale and let people guess about their own plots. After all it is bid amount and offer that defines the market rate. |
imran replied on Saturday, May 30, 2015 08:29 AM
unfortunately contrary to everyones inflated expectations , its the buyers that set the price not the sellers.. yu can demand 1 crore but realistic price will be at which the plot sells... |
Block B replied on Saturday, May 30, 2015 08:41 AM
No one can disagree that seller set the price but then my question is how come phase 9 file is still at 56.5.Does that means buyers are buying files at 56.5 when good location plots are available at 60?Does that make any sense? It is just plain stupidity to buy a file at this rate if a good location plot is at 60. So either the phase 9 file price is over valued but kept at this level by some market player or there are not enough good location plots sellers in markets ...I wish we have a property exchange just like stock exchange so that we all could see real number of sellers and buyers.Something is surely hidden from us |
