Why Prism is facing current dip Discussion Property News & Community Talk

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KJK

Thursday, February 18, 2016 07:35 AM

Why Prism is facing current dip, any specific reason...?

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opinion replied on Thursday, February 18, 2016 07:41 AM

where is dip??? prices are same as before in prism

KJK replied on Thursday, February 18, 2016 09:10 AM

10 marla plot was selling at 61-61 in block c at 80ft road and now some plots are available in 58 -59 lac with one installment paid. if it is not dip then what is this sir

Khalid replied on Thursday, February 18, 2016 09:15 AM

Investors should be very careful now before investing in Prism. The big fishes have sucked enough juice out if it now. Its a long term project and will require time to give reasonable returns

opinion replied on Thursday, February 18, 2016 09:45 AM

Dear KJK its not really called a dip. some people in C block 10 marla strip was asking a little higher for their plots which is just corrected a little bit. A dip is when to see plots selling for 10-15 lac lesser than their actual market value. and there is no situation in market about prism. right after ballot thinking that plot will take dip i did not buy then but it never happened and i ended up buying a plot by paying 15 lac more for approx. same location in P

opinion replied on Thursday, February 18, 2016 09:54 AM

usually most of the people use to comment about prism just by watching prism map in front of their eyes. A week ago i visited and spent approx. 3 hours in prism(A,H,P,L,B,J)physically very early in the morning.i explored the area by foot starting from asiana through azam chowk till A block. most of the land is leveled and easy to develop. i must say its a beautiful patch of land

Ahmet replied on Thursday, February 18, 2016 10:03 AM

@KJK,

I am not sure if your an investor in Prism or not but I'd strongly suggest that you dont worry too much about a few dips (or rises) during the next three years in Prism unless your a very short term investor looking for quick gains before jumping off to another project. Property business isn't equity trading business where you hold long/short positions. In property, a lot more patience is needed. If the project you've invested in is good, gains shall be great. I hunt for good plots on a daily basis in Prism and I can assure you, good deals are VERY hard to find.

KJK replied on Thursday, February 18, 2016 10:55 AM

Thanx opinion and Mr Ahmet for your valuable comments actually i am investor and i purchased plot @ 61 on 80 ft road in jan, 2015, now its going down day by day at this stage i am thinking that was wrong decision to go for 10 marla at very good location because this location is best in Prism for 10 marla cutting. I can wait for a year maximum please comments where you see these 10 Marla plots in C in January, 2017.

Valuable comments are really needed

AK replied on Thursday, February 18, 2016 11:05 AM

@opinion, during your visit did you see any on ground dev activity for prism? thx

M.Zahid replied on Thursday, February 18, 2016 12:41 PM

@AK
If you buy something on higher side then it would be dip for you until market price reach to your level. Then gain will happen afterwards. Wait for another four years and it will be double.

opinion replied on Thursday, February 18, 2016 03:18 PM

Badian-ferozpur link road along Hudiara drain is in very good condition which runs beneath whole prism. Comfort factory, tranport society and Inmol society main gates are situated on this link road

Zeeshan replied on Thursday, February 18, 2016 03:27 PM

I have 10 marla plot in C. Today I got offer @ 63. But I am not selling. I know it's real worth after few years is double.

Najam replied on Thursday, February 18, 2016 03:29 PM

@KJK How many are for sale on that road. Only one. Dip kaha say lug Gai. Pahlay seller to mil Jay.