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(92176)
Tuesday, August 11, 2015 04:22 PM 

Dear LRE Experts,

Kindly request to please evaluate below DHA Lahore Phase 9 Prism Plots:

• DHA Phase 9 Prism Block L 1 Kanal Plot # 229
• DHA Phase 9 Prism Block F 1 Kanal Plot # 846

Thanks.

Regards,

Rizwan

LRE replied on Wednesday, August 12, 2015 05:30 AM 

Asslam O Alaikum

Dear Sir,

Your Plot # L-229 Dha Phase 9 Prism Around 60 To 62 Lacs

Asim Irfan
923224003475
info@lrepk.com
Lahore Real Estate

LRE replied on Wednesday, August 12, 2015 05:31 AM 

Asslam O Alaikum

Dear Sir,

Your Plot # F-846 Dha Phase 9 Prism Around 71 To 72 Lacs

Asim Irfan
923224003475
info@lrepk.com
Lahore Real Estate

Market replied on Wednesday, August 12, 2015 08:26 AM 

Dear All,

DHA Prism phase 9 all Kanal plots Prices will be going Down in next coming 2 weeks as per market floating information and huge supply of plots almost more than 5000 kanal plots are in market for sale with very low buyers.Now supply is too much but cannot found real buyer due to high price & high development charges announcement in coming weeks. Moreover prices already touch at Peak so its time came to come down bcz after up there is sure of down as Per nature law.

Regards,

If you agree with me Comments.

opinion replied on Wednesday, August 12, 2015 10:44 AM 

Only bad location plot prices will tumble down a bit. Good/excellent plots are hard to find now. Supply is available for bad location only. Good location plot price will not come down.

Omz replied on Wednesday, August 12, 2015 11:06 AM 

@Market: Your analysis is misleading.

If the situation of supply and demand is the same that you explained, then prices would have come down by now. The prices are yet the same and if there is any change it is an increase. I think your analysis is flawed and not based on actual happenings.

Prism is high priced society but there are reasons for it. I do not understand when people say that the society is over-priced, no it is not. Many people said the prices will decrease after the ballot but we have seen otherwise. So in my opinion, I do not see any down slide in prices.

There are many people in the market waiting to buy when prices take a dip and market knows it. That's why the prices are yet high. Anticipated demand is keeping the actual prices high and it will remain the case.

Ahsan Ali replied on Wednesday, August 12, 2015 11:10 AM 

The math is not that simple. The prices of good location would not be affected much because there is an overall hike in the market. The prices are rising in almost every society. The high development charges will prompt the investors to invest in good location for better return which ultimately keep the prices stable. The prices of below average and bad location will come down.

opinion replied on Wednesday, August 12, 2015 11:50 AM 

Agreed with Omz and Ahsan Ali
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