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Real Estate Trends questions and answers. All your Real Estate Trends questions answered by our experts and thousands of other members. Get professional Real Estate Trends answers to your questions. Get started by asking a new Real Estate Trends question now.
Mohd
Intermediate
( 42 posts )

[8 Answers]
I want to ask if the price hike in B 17 is real or artificial? I have a plot in D block. My friend suggested to sell it now. He says prices may come down in future because there is no real development in D block. Please reply soon.

Thanks.

290 days ago In Real Estate Trends
Syed Ibrahim
Senior Authority
(832 posts)
Dear Mohd,

Price hike in B 17 is strange in past 5 months almost prices get double just because of announcement of Margalla avenue. People are usually saying in market that Multi development standard is also a factor on prices but the thing is that Multi development standard is same from last 4 to 5 years so major reason is Margalla avenue, so price hike is 70 percent due to Margalla avenue and 30 percent artificial due to promoters investors and Multi itself.

Right now there is no real development in D block. Your friend is right but some sources told that there is a chance of development in near future..
288 days ago 

Mohd
Intermediate
(42 posts)
Okay many thanks dear.
288 days ago 

Mohd
Intermediate
(42 posts)
Approximately, what price can I sell my plot for? It's 3rd to corner from 120 feet road into 40 feet road.
283 days ago 

Syed Ibrahim
Senior Authority
(832 posts)
Dear ist of all mention size of your plot most probably it is a 30 x 60 and then just mention street number or series of plots like in between of 400 to 415 then it will be easy for price estimating
282 days ago 

Mohd
Intermediate
(42 posts)
Yes 30x60. D 969 third from corner of 120 feet road into 40 feet street. What's your guess of price? Thanks for your time.
280 days ago 

Syed Ibrahim
Senior Authority
(832 posts)
Dear Mohd,

Your plot on map sorry for replying you late was out of city according to me plot should be around 13.5 lac you should demand 14 or 14 plus for that. Plus minus depends on client or market pace.
276 days ago 

Mohd
Intermediate
(42 posts)
Okay, thank you very much for your precious time and advice.
276 days ago 

Syed Ibrahim
Senior Authority
(832 posts)
You are always welcome Mohd.
275 days ago 

(8 Answers)