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Lahore Real Estate Forum: Property News & Community Talk : ,

(94647)
Friday, January 8, 2016 11:08 AM 

Dear fellow members i hold a very good location one kanal plot in Q sector prism on main road(150 feet) very closer to Q-920. i am being 115 lac for the plot while i am willing/demanding to sell somewhere 132-135 lac. please advice for how much should i bargain more. or for how much should i sell it?
thanks :h

Ahmet replied on Friday, January 8, 2016 06:35 PM 

Sell it at 115 unless the 115 includes development charges.

advice seeker replied on Saturday, January 9, 2016 05:59 AM 

115 including dev. Charges? What do you mean Ahmet. Chages are meant to be paid in 3 years not at once please clerify thanks

Ahmet replied on Saturday, January 9, 2016 08:33 AM 

I wasn't sure if you were referring to the price + future development costs or just the price. I have a plot very close to your plot and it's market value is around 95 (not on 150 feet road) so at 115, you are getting a good offer.

advice seeker replied on Saturday, January 9, 2016 10:48 AM 

I am being offered 115 without d. Charges. 150 feet road can easily cause a diffrrence of 20 lac in price. But the thing is i am not willing at 115 either.
thanks for your help

Ahmet replied on Saturday, January 9, 2016 11:50 AM 

My plot's value is around 95 but I wouldn't sell it either even if I am offered 105. The potential of increase on it is 3x in the next four to five years so why sell out for a 10-15% premium over the marker price. I'd suggest you hold on to your plot.

Karim replied on Saturday, January 9, 2016 12:40 PM 

@ahmet. How would you rate location of 428-P in prism for long term investment.

advice seeker replied on Saturday, January 9, 2016 03:38 PM 

yes thinking the same way. thanks a lot Ahmet
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